Thu.May 25, 2023

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Ghana: Supreme Court affirms decision to strike out law on cannabis cultivation saying “cultivation of cannabis legislation in Ghana was unconstitutionally passed by Parliament”

Cannabis Law Report

The Supreme Court has in a majority 5-4 decision affirmed its view that the law allowing cultivation of weed in Ghana was unconstitutionally passed by Parliament. Presiding Judge Justice Dotse stated that the threshold a party ought to meet to enable it to review its own judgement has not been met.

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Could the Up-and-Coming Medicinal Ketamine Market Rival the Cannabis Industry?

Veriheal

What was once used as an ideal anesthetic for monkeys could soon be competing with cannabis as a medical aid. We’re talking about ketamine —a dissociative anesthetic that is featured on the World Health Organization’s List of Essential Medicines. Also known as “K,” “special K,” or “cat-valium,” ketamine is gradually climbing out of an abyss of K-fueled house parties and into the vortex of medicine.

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Making Sure Your Marijuana Brownies Aren’t Too Strong

The Fresh Toast

Making Sure Your Marijuana Brownies Aren’t Too Strong "Overdosing" happens because of lack of understanding regarding how to calculate how much THC is in a serving, and how the THC affects your body. The post Making Sure Your Marijuana Brownies Aren’t Too Strong appeared first on The Fresh Toast.

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Cannabis omnibus fails, 3 items escape

Illinois News Joint

After weeks of wrangling on which items to include and exclude, the cannabis omnibus could not be agreed upon and was not brought up for a vote today, essentially killing all included items. Three items from the omnibus, though, escaped into the State budget. The three cannabis items in Illinois’ budget that should pass just after midnight include: The State Comptroller shall direct the State Treasurer to transfer the sum of $40,000,000 from the Compassionate Use of Medical Cannabis Fund to the

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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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Taking back the weeknight with WYNK seltzers

Leafly

WYNK crafts THC & CBD seltzers with all in-house production to offer three flavors, zero calories, and two different THC:CBD ratios to choose from. The post Taking back the weeknight with WYNK seltzers appeared first on Leafly.

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California Senate Passes Bill To Legalize Psychedelics Possession And Facilitated Use

Cannabis Law Report

Marijuana Moment (as always) is first with the news A California bill to legalize the possession of certain psychedelics and facilitated use of the substances has passed the Senate. The legislation from Sen.

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CBD For Sleep: How To Use Cannabidiol to Benefit Sleep

Healer

Is Cannabidiol (CBD) good for sleep? We know that CBD can help sleep in some individuals, but may disturb it in others. We also know that in general, CBD is less effective than THC… Both animal and human scientific research indicate that THC is an excellent sleep aid in patients with pain, PTSD, and obstructive sleep apnea, but that’s not the case for CBD.

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Chalice Brands, major Oregon marijuana retailer, seeks creditor protection, buyer

Cannabis Law Report

It’s annus horribilis for anything to do with cannabis in Oregon right now one could call it (c)annus horribilis Oregon Live reports Chalice Brands, one of Oregon’s largest marijuana retailers, says it’s out of cash and unable to pay its rent and other debts.

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Firefighters to battle Sydney CBD inferno through the night

Medical Marijuana Program Connection

"Using specialist appliances and equipment, including ladder trucks and RPAS (drones), they successfully stopped the blaze from engulfing other nearby.

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Chalice Goes Down

Cannabis Law Report

News broke yesterday which will affect quite a few people in the Oregon cannabis industry. Chalice Brands Ltd. (CSA: CHAL) obtained a court order in Ontario, Canada (“Initial Order”) which grants the company and its affiliates protection (a “stay”) from creditors. At least temporarily. The Initial Order is here and the Chalice press release is here.

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Large building fire in Sydney’s CBD now contained

Medical Marijuana Program Connection

The fire which engulfed a large building in Sydney’s CBD has now been contained, according to FRNSW Field Operations Deputy.

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POLITICSColorado Governor Signs Psychedelics Regulation Bill Into Law

Cannabis Law Report

Marijuana Moment reports The governor of Colorado has officially signed a bill to create a regulatory framework for legal psychedelics under a voter-approved initiative. About three weeks after the legislature passed the measure from the Senate president, Gov. Jared Polis (D) signed the legislation into law on Tuesday.

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Police: Mom and grandma face charges after 2 children eat marijuana gummies

Medical Marijuana Program Connection

Police: Mom and grandma face charges after 2 children eat marijuana gummies – CBS Pittsburgh Watch CBS News A Beaver.

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Texas: Fluent’s State President Disappointed With Lack Of Movement In Texas Legislature Over HB218 & HB1805

Cannabis Law Report

Commenting on the recent failed legislation, Kristopher Kem, FLUENT Cannabis Care Texas President said: While we are ultimately disappointed in the Texas Senate’s failure to take action to decriminalize cannabis and expand the state’s medical cannabis program, we commend Texas Rep. Joe Moody, Rep.

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CBD Survival Means Getting Retail, Multifamily, and Office to Pull Together

Medical Marijuana Program Connection

In a new analysis, Moody’s Analytics made a point about metro downtowns that is generally good advice whenever looking at.

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California’s Cannabis Tax Revenue Sinks to 13-Quarter Low; Excise Tax Reporting Shifts

Cannabis Law Report

Cannabis Business Times reports The hopes of increased consumer participation in California’s regulated cannabis market did not provide a boost to licensed retail sales or state tax revenue during the first quarter of 2023. California’s adult-use dispensaries reported $1.

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Contract Worker At CarMax Arrested After Having Over Three Pounds Of Suspected Marijuana Delivered To The Car Dealership

Medical Marijuana Program Connection

GASTONIA, N.C. – A Gastonia man has been arrested and charged after receiving a package at his workplace that contained.

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New Jersey Tax Division Issues Updated 2023 Tax Law Summary Concerning Cannabis Licensee Business Deductions

Cannabis Law Report

Bloomberg Tax The New Jersey Division of Taxation May 23 issued a 2023 tax law summary about a law enacted May 8 providing for cannabis licensee business deductions, for individual income and corporate income tax purposes.

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Goedverwagting man freed on marijuana trafficking charge

Medical Marijuana Program Connection

A Goedverwagting man who was on trial for allegedly trafficking cannabis in 2021 was freed of the charge on May.

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Maryland: Several Bills, Including “Cannabis Smell,” Go Into Law Without Governor’s Signature

Cannabis Law Report

Governor Moore chose not to sign a bill outlawing vehicle searches based on a cannabis smell. But he didn’t veto the bill, or some others, either. Under the Maryland Constitution, these bills become law, but there’s a “message” embedded.

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Visiting a Michigan Marijuana Dispensary for the First Time? Knowing These 10 Terms Might Help.

Medical Marijuana Program Connection

This guide to a few common terms you’ll hear in any dispensary will help you feel like a more informed.

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Oregon: United Food and Commercial Workers Local 555 wants Rep. Paul Holvey (D) & House speaker pro tempore removed over killing of cannabis workers rights bill

Cannabis Law Report

Marijuana Moment reports The union announced its recall effort against Holvey on Monday, citing that bill, the failed pandemic benefits and Holvey’s vote for a 2019 bill cutting pension benefits for public employees.

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Enveric Biosciences Receives Notice of Allowance From USPTO for C4-Carboxylic Acid-Substituted Tryptamine Derivatives for Next Generation Psilocin Prodrug

Medical Marijuana Program Connection

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Enveric Biosciences, Inc. (NASDAQ: ENVB) (“Enveric” or the “Company”), a biotechnology company dedicated to the development of novel.

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Thailand: Cannabis And Hemp Business Guide – Thailand

Cannabis Law Report

24 May 2023 by Alan Adcock , Atthachai Homhuan and San Chaithiraphant Tilleke & Gibbins Introduction Cannabis and hemp have been classified as category 5 narcotics under the Narcotics Act since 1979.

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Organigram Makes First Strategic U.S. Investment in Phylos Bioscience to Commercialize THCV and Scale Seed Based Production

Medical Marijuana Program Connection

TORONTO–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today.

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United States: What The Modernization Of Cosmetics Regulation Act Means For Hemp And CBD Cosmetic Manufacturers

Cannabis Law Report

24 May 2023 by Evelina J. Norwinski , Elizabeth Trentacost and Ryan D. White Arnold & Porter On Dec. 23, 2022, Congress passed sweeping measures intended to strengthen the Food and Drug Administration’s (FDA) regulation of cosmetics. The measures were signed into law by President Biden on Dec. 29, 2022.

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Results of Aelis Farma Combined General Meeting of May 24, 2023

Medical Marijuana Program Connection

BORDEAUX, France–(BUSINESS WIRE)–Regulatory News: Aelis Farma (ISIN: FR0014007ZB4 – Ticker: AELIS), a clinical-stage biopharmaceutical company specialized in the development of.

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Washington State Restricts Pre-Employment Cannabis Testing: 4 Key Takeaways for Employers

Cannabis Law Report

Washington state is joining the growing trend to provide some level of protection for off-duty recreational cannabis use and will impose new restrictions on employers that conduct pre-employment drug screening.

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Shareholder Alert: Robbins LLP Informs Investors of Class Action Against Canopy Growth Corporation (CGC)

Medical Marijuana Program Connection

SAN DIEGO–(BUSINESS WIRE)—- $CGC #CanopyGrowthCorporation–Canopy Growth Corporation (CGC) Must Restate its Financial Statements Source link.

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Media Report: Nasdaq gives marijuana tech firm Agrify another warning

Cannabis Law Report

MJ Biz reports The Nasdaq stock exchange sent another warning to Agrify Corp., this time notifying the marijuana technology company it didn’t file its first-quarter results on Form 10-Q on time. The exchange will take no action this time, according to a news release.

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