Sat.Dec 14, 2019

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Apparently Aussie Cannabis Stock Is “Smoke Without Fire.” All Australians Know At The Moment Smoke & Fire Come Together

Cannabis Law Report

Investing in cannabis stocks on the ASX: Risks and benefits for ASX pot stocks. Medical cannabis was legalized in Australia in 2016 when the Narcotic Drugs Act was amended, allowing cannabis to be grown for medical and scientific purposes. Writes Investing News.com. Here’s the spruik…… Since then, Australia’s medicinal marijuana industry has been hit by the slump currently dragging down marijuana markets across the world.

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Oregon Welcomes Chinese Hemp Researchers: That’s Good and Bad for International Hemp Business

Canna Law Blog

If you are an eccentric person like me and follow the Oregon Department of Agriculture (“ODA”) on Twitter and have a deep interest in international business (especially the trade war with China), you will have noticed that ODA recently (and proudly) posted something that I see as both positive and negative for the hemp industry: ODA’s #Cannabis Policy Coordinator, Sunny Summers & @OSUAgSci meet with researchers from China’s Heilongjiang Academy of Agricultural Sciences Institute

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12 Days of Giveaways: Win this all-Canadian prize pack (valued at $500+)

Leafly

It's Day 7 of Leafly Canada's 12 Days of Giveaways and we're giving away a few of our favourite things from Canadian cannabis brands. The post 12 Days of Giveaways: Win this all-Canadian prize pack (valued at $500+) appeared first on Leafly.

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Frost Brown Todd: Defending CBD Companies from Class Action Lawsuits

Cannabis Law Report

Defending CBD Companies from Class Action Lawsuits. As hemp-derived CBD products capture the American imagination, CBD companies have unfortunately become a target for consumer class-action lawsuits. Most recently, a wave of such lawsuits has been initiated by law firms seeking to take advantage of the current regulatory morass by threatening protracted litigation.

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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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4 Ways CBD Can Help You Overcome The Sunday Scaries?

The Fresh Toast

A bit of CBD self-care can calm you down and give you a clearer state of mind so you can start your week off on a more grounded note. Continue reading 4 Ways CBD Can Help You Overcome The Sunday Scaries? at The Fresh Toast.

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Tinctures, Vape Liquids And Edibles: How Much MMJ Product Can I Legally Possess?

MMJ Recs

At this time, recreational marijuana is still prohibited in many states. In the 11 states where it is legal, there are still restrictions on how much a person can possess. But are the rules different for medical marijuana products possession? The answer is yes. There are different regulations for individuals who use medical marijuana (MMJ) to help them treat medical conditions.

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UK: Jersey Hemp gets £2 million boost from private investor group

Cannabis Law Report

Private investors including Bernard Fairman of the UK’s Foresight Group venture capital firm, have invested £2 million ($2.68 million) in Jersey Hemp. The partners say the funding will go toward the construction of an extraction facility and provide working capital for Jersey Hemp in the company’s second year of hemp growing and CBD production. Jersey Hemp said the investment will better position it to compete with producers from China, Eastern Europe and the Americas, where most CBD sold in

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Today’s Answer of the Day

TheAnswerPage

Are any pre-clinical trials or clinical trials evaluating the therapeutic benefits of CBD currently underway? Yes. According to ClinicalTrials.gov, there are more than 40 clinical trials in process to determine if CBD treatment mitigates the symptoms of various disorders/illnesses, including PTSD, alcohol use disorder, anxiety disorders, Sturge-Weber syndrome, pain, autism spectrum disorders, schizophrenia, muscle spasms and some cancers.

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Canopy & Nevada Hemp Producer Lawsuits Dropped

Cannabis Law Report

The legal battle between the U.S. arm of Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer appears to be over. Canopy’s filing to dismiss came a month after Go Farm Hemp’s initial lawsuit against the Ontario, Canada-based company for allegedly failing to pay some advance money was dismissed by a New York court. Canopy filed notice that it is dropping its lawsuit accusing Go Farm Hemp of squandering a $12 million advance to grow hemp.

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Major League Baseball to Remove Marijuana from “Drugs of Abuse” List

The Joint Blog

In a surprising move that is expected to send shock-waves across the professional sports industry, Major League Baseball (MLB) has announced that it will soon remove marijuana from its list of banned substances. The MLB is also changing policy so that players who test positive for opioids, fentanyl, cocaine and synthetic THC under random drug tests will be referred for treatment before being disciplined, the league’s updated drug policy announced on Thursday.

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Association of Nevada Testing labs wants state to release unredacted data from Nevada’s seed-to-sale tracking system

Cannabis Law Report

The Nevada Independent reports. … An association of marijuana testing labs is calling on the state to release unredacted data from Nevada’s seed-to-sale tracking system amid assertions that certain unidentified labs are inflating THC content readings and giving fewer samples a failing grade in an apparent attempt to attract more business. Scientists for Consumer Safety, a group that represents four of the state’s 11 independent testing labs, is asking for the state to provide names to go a

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Article – Cannabis Now: A Group of California Trimmigrants Sue for Worker Protections

Cannabis Law Report

California cannabis workers have filed a major class action lawsuit against two cannabis companies, alleging that the companies did not pay their workers for overtime, did not provide the required meal and rest breaks and threatened employees not to leave the farm’s remote location. According to the proposed class action lawsuit , a group of workers hired to trim cannabis at a farm in Lake County, California are looking to sue the cannabis harvesting company Loud Buddha LLC and Pura Cali Manage

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US Hemp Authority Wins Gong From Health Magazine ‘Prevention”

Cannabis Law Report

Full press release… Prevention Magazine Honors the US Hemp Authority. We are proud to share that Prevention magazine, a leading provider of trustworthy health information for over six decades, with more than two million readers, selected the U.S. Hemp Authority for one of its 2019 Health Breakthrough Awards , billed as ten major medical innovations of the past year.

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UK: Remember Canna Kitchen Brighton ?

Cannabis Law Report

The Brighton & Hove Argus reports… An investigation into whether the UK’s first cannabis restaurant broke the law by selling food with cannabis extracts has been passed to prosecutors to decide whether to bring charges. Meanwhile, the owners are attempting to sell the Duke Street unit, with another restaurant lined up to take it on subject to planning permission.

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Oakland: Council Votes To Reduce Taxes For Cannabis Businesses

Cannabis Law Report

Despite opposition by Oakland Mayor Libby Schaaf, the Oakland City Council voted unanimously last Tuesday night ( 10 December 2019) to give final approval to a tax reduction for the city’s largest cannabis businesses. SF Gate report. The council had voted unanimously in favor of the tax reduction at its first reading last month and approved it again on Tuesday night.

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REPEAT – AgraFlora Organics Completes UK Home Office Controlled Drug Handling License Inspection

Cannabis Law Report

VANCOUVER, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) — AgraFlora Organics International Inc. (“ AgraFlora ” or the “ Company ”) ( CSE: AGRA) ( PU31.F ) (OTCPK: AGFAF ), a growth oriented and diversified international cannabis company, is pleased to announce that the Company’s United Kingdom (the “UK”) subsidiary, Farmako Limited has completed its UK Home Office inspection for the purpose of obtaining a Controlled Drug License.

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Italy: 1 Jan 2020 Specialized Shops Will Be Able To Sell Cannabis Products With 0.5% Or Less THC

Cannabis Law Report

Tobacconists and specialized shops will be allowed to stock cannabis products, which must not contain more than 0.5 percent of the psychoactive compound THC, from January 1st. Parliament approved the amendment overnight on Thursday after a long-running row pitching former interior minister Matteo Salvini against small business owners and the agriculture lobby.

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LA’s Largest Crackdown On Illegal Dispensaries Say Authorities

Cannabis Law Report

State regulators mounted dozens of raids against illegal marijuana retailers in Los Angeles this week, the largest crackdown to date against the city’s thriving black market, officials said Friday. The LA Times reports. The state has been under pressure from California’s legal industry to do more to stop the underground pot economy, which in Los Angeles and other cities often operates in plain sight.

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Montana lawmakers consider sales tax on medicinal marijuana

Cannabis Law Report

Stock Daily Dish reports… Medicinal marijuana users in Montana face a 6 percent tax on their purchases if lawmakers approve a proposal that would help bolster the state budget. Reports local media. The tax, which was under discussion in the House Taxation Committee on Wednesday, could raise about $1.1 million a year. The bulk of the money would end up in the state‘s unrestricted general fund.

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Nevada: U.S. Attorney Daniel Bogden Puts Weekend Cannabis Festival On Notice

Cannabis Law Report

The Livingston Ledger reports…… The NV federal prosecutor has snuffed out plans by cannabis users to celebrate Nevada‘s new recreational marijuana law by lighting up on an American Indian reservation near Las Vegas. U.S. Attorney Daniel Bogden took a hard line in a letter to organizers of a weekend cannabis festival, saying federal law applies and pot smokers could be prosecuted.

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