Thu.Nov 17, 2022

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Congress Advances Legislation to the President Amending Clinical Cannabis Research Rules

NORML

“While the significance of Congress passing the first stand-alone cannabis policy reform bill should not be overlooked, in truth, we don’t need more research to know definitively that prohibition is a misguided and disastrous policy.". The post Congress Advances Legislation to the President Amending Clinical Cannabis Research Rules appeared first on NORML.

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New York’s gray market cannabis crackdown begins in Brooklyn

Leafly

A Brooklyn shop was raided for selling cannabis without a license. With dispensary licenses going out Monday, this is only the beginning. The post New York’s gray market cannabis crackdown begins in Brooklyn appeared first on Leafly.

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Hemp Biodiesel: Myths & Facts 

Cannabis Life Network

What are some myths and facts when it comes to hemp biodiesel? Proponents say it’s the answer to weaning the West off Saudi Arabia’s oil. Critics say it’s a pie-in-the-sky idea that doesn’t conform to economic realities. So what are the myths and facts regarding hemp biodiesel? The inventor of the diesel engine, Rudolph Diesel, used peanut oil in his original design.

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Upcoming Webinar: New York Retail Dispensary ‘Guidelines’ – What Every CAURD Applicant Needs to Know

Canna Law Blog

Register Here. Date : December 7th, 2022. Time : 2 – 3pm EST. New York just released its adult-use cannabis retail dispensary guidelines and there is a lot to unpack. We will likely see additional changes to New York’s rules and regulations, but the released guidelines provide a robust initial framework for applicants (past and future) to follow.

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Where the Money Grows: Learning the Industry Trends in Medical Cannabis, Recreational Marijuana, Hemp, and Beyond

Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken

The U.S. cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it.

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Recreational Marijuana in Maryland? What Employers Need to Know

Cannabis Law Report

By Fiona W. Ong on November 16, 2022 So, many people, including my son, are rejoicing because the voters in Maryland approved recreational marijuana (which Maryland refers to as “cannabis”) last week. Employers, however, are perhaps not quite so excited – and may be confused about what that actually means for the workplace. While we don’t yet have […].

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Legal Options for Investors and Owners of a Financially Struggling Marijuana Business

Cannabis Law Report

By Paul Mooney, Sheryl L. Toby & John Fraser on November 16, 2022 The adult-use marijuana market in Michigan has seen a plunge in the price of marijuana. According to the Cannabis Regulatory Agency, the average price of one ounce of marijuana in December 2020 was $350.88. In contrast, the average price fell to $109.22 in September 2022. This rapid price […].

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California Cannabis: Welcoming a Shift Away from Local Control

Cannabis Law Report

By Hilary Bricken on November 16, 2022 It’s no secret that, among California’s many cannabis industry issues, local control continues to stymie the success of the Golden State’s industry. In this, California is not alone– most cannabis is all local. However, after these mid-term elections, there appears to be a bit of a California cannabis local control shift.

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Colorado Voters Pass Proposition to Allow Regulated Use of Psychedelic Mushrooms

Cannabis Law Report

By Roger G. Trim & Zachary V. Zagger on November 16, 2022 On November 8, 2022, voters in Colorado passed a ballot initiative to decriminalize possession of and legalize limited use of psychedelic mushrooms and other plant- and fungi-derived psychedelic drugs by those 21 years of age or older. The passage makes Colorado, which was one of the first states to legalize […].

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Canada: RCMP officers find 10 garbage bags of magic mushrooms and cannabis in B.C.

Cannabis Law Report

The Vancouver Sun reports A recent weapons raid by Mounties in B.C. revealed a few extra offences after officers discovered 10 bags stuffed with magic mushrooms and cannabis in the aptly named town of Greenwood. …/… Once inside, officers found a “massive” amount of weed and psilocybin along with anticipated guns, according to Global News.

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Ireland: No jail for ‘nice man’, 73, caught growing cannabis at his remote west Cork home

Cannabis Law Report

Best cannabis enforcement story of the week Detective Garda Andrew Manning said the elderly cannabis grower was very easy to deal with and caused gardaí no trouble whatsoever A 73-year-old “nice man” living in an extremely remote area of West Cork faced sentencing after being caught for the second time cultivating cannabis at his […].

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Finland grants license for psychedelic drug therapy study

Cannabis Law Report

The Finnish Medicines Agency (Fimea) has granted Clairvoyant Therapeutics, a Canadian drug company, permission to study the effects of psychedelic drug therapies for the treatment of alcohol addiction. Fimea’s approval marks the first time psychedelic drug trials will be carried out in Finland. The clinical trial will investigate psilocybin, a compound found in psychedelic mushrooms, […].

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GTA Two arrested in raid on Queen Street West magic mushroom dispensary

Cannabis Law Report

Two men have been arrested after Toronto police officers seized a “large quantity” of dried psilocybin and magic mushroom edibles from a Queen Street West dispensary. According to a news release, officers were investigating a commercial premise called “Shroomyz” that was allegedly selling psilocybin and psilocybin-derived edibles near Queen Street West and Denison Avenue.

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Colorado Legalizes Therapeutic Psychedelics – Now What?

Cannabis Law Report

Ten years after Coloradans voted for their state to be one of the first to legalize recreational cannabis, Colorado is again making history as the second state in the country to legalize therapeutic psychedelics for adults. Colorado voters narrowly approved Proposition 122 with nearly 53% of the votes (as of the morning of November 14th 97% […].

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Psychedelic Spotlight Article: A (Living) List of North American Psychedelic Dispensaries

Cannabis Law Report

Canada Vancouver Dana Larsen’s Medicinal Mushroom Dispensary Address: 651 East Hastings Street, Vancouver, BC This list wouldn’t be complete without the first and oldest shop in the game. Dana Larsen has been a plant medicine advocate for a long time, starting with cannabis (he opened up a medicinal cannabis dispensary in 2008) and now into […].

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Maltese businessman acquitted in Italy of drug trafficking

Cannabis Law Report

An Italian court has acquitted a Maltese businessman who had been extradited to Italy to face drug trafficking charges. The acquittal came after the prosecution failed to prove the fishing vessels where the drugs were found was his. Paul Attard, 44, was acquitted by the Tribunale di Catania on Tuesday. Last December, a court of […].

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CBD Oil: Malta's next big thing in dietary supplements

Cannabis Law Report

A little island nation called Malta can be found in the Mediterranean Sea. With a population of just under 500,000, the nation is only slightly more than 300 square kilometres. The Phoenicians originally colonized Malta in the eighth century BC, beginning a long history for the island nation. The island has been dominated by several […].

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Flora Growth Completes Construction of Laboratory, Specializing in Prescription Cannabis Formulations

Cannabis Law Report

FORT LAUDERDALE, Fla. & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today the completion of its new laboratory, specializing in the manufacturing of compound formulations utilizing cannabis derivatives and traditional master formulas.

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“HIGH” Standards in Thailand; Regulations to Unlock Cannabis Industry

Cannabis Law Report

November 16, 2022 In the wake of shared global challenges, tourism and green growth is the way forward for Thailand’s sustainable economy. Specifically, a relevant government panel has set up a plan to develop the country as an international hub and targeted Thailand as the world’s foremost destination for the medical industry and wellness tourism. […].

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Maryland Lawmakers’ Marijuana Workgroup Discusses Tax Options In First Meeting Since Voters Approved Legalization On Ballot

Cannabis Law Report

Marijuana Moment reports Now that Maryland voters have approved a marijuana legalization referendum at the ballot, the pressure is on for lawmakers to pass separate legislation to determine what the adult-use market will look like. To that end, a General Assembly cannabis task force met for the first time post-election on Tuesday to consider one key aspect […].

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Tax Credits Available for Investing in Connecticut Cannabis Companies

Cannabis Law Report

The Cannabis Angel Tax Credit Program (the “Program”) was established by law (Section 113(14) of Public Act 21-1) to provide Qualified Connecticut Businesses (aka approved social equity licensees) with the ability to receive investments from accredited investors. These accredited investors are eligible to receive a 25% tax credit against the state income tax when they invest […].

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NZ Online Casino Games Payment Information

Cannabis Law Report

Payment information is one of the most significant components of the online casino experience. You must be able to deposit and withdraw funds quickly and easily. That is why we have put together this guide to New Zealand online casino payments. Some websites like Paradise casino NZ publish proven reviews, since those are the best […].

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Royal Emerald Pharmaceuticals Partners with BioHarvest Sciences to Supply Disruptive Cannabis Solutions to Companies Conducting FDA-Approved Medical Research

Cannabis Law Report

This collaboration ensures first-of-their-kind consistent cannabinoid compositions for 575 DEA-licensed cannabis medical research institutions developing cures for PTSD, pain management, anxiety conditions and more Vancouver, British Columbia and Rehovot, Israel–(Newsfile Corp. – November 16, 2022) – BioHarvest Sciences (CSE: BHSC) (OTCQB: CNVCF) (FSE: 8MV), a leading biotech company focused on plant bio-cells growth for the nutraceutical […].

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Senate Sends Marijuana Research Bill To Biden’s Desk, With Schumer Saying He’s Having ‘Productive Talks’ On Broader Reform

Cannabis Law Report

Marijuana Moment reports Just weeks after President Joe Biden issued a mass marijuana pardon and directed a review of the drug’s scheduling status, the U.S. Senate approved House-passed bipartisan cannabis research bill on Wednesday. It marks the first time a standalone piece of marijuana reform legislation has ever been sent to the president’s desk.

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U.S. Reps Ask Biden to Pardon Low-Level Cannabis Crimes for Immigrants

Cannabis Law Report

Ganjapreneur reports In a letter to President Joe Biden (D), 17 members of Congress requested his Administration extend pardons of simple cannabis possession convictions to immigrants and reopen the immigration cases of those who were deported for cannabis offenses. The letter signatories include Democratic Reps. Alexandria Ocasio-Cortez (NY), Ilhan Omar (MN), Jesús G.