Wed.Jun 19, 2019

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House Committee on Small Business Holds Hearing On Cannabis

NORML

Today, the House Committee on Small Business held a hearing entitled Unlocked Potential? Small Businesses in the Cannabis Industry to discuss the economic and employment opportunities in the emerging legal cannabis industry and the challenges that federal prohibition and criminalization pose in regards to the Small Business Administration. Currently, the SBA is prohibited from providing support, guidance, or microloans to small businesses in the cannabis industry, unlike every other sector of th

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New York’s Adult-Use Cannabis Legalization Bill Is Dead

Leafly

After a dramatic week of New York’s legislative session, the adult-use cannabis bill is dead. Read how the Democratic supermajority struggled to get it passed. The post New York’s Adult-Use Cannabis Legalization Bill Is Dead appeared first on Leafly.

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The Sharp End Of Cannabis Legalization In Illinois

Cannabis Law Report

It might seem like a quite folksy report but actually these are the meetings that will determine how cannabis regulation runs its course in Illinois and it’s instructive to listen to concerns and needs in the community before big cannabis pours through the door. To paraphrase Woody Guthrie, “From California to the New York island; From the red wood forest to the Gulf Stream waters “ the questions raised at the local level follow the same important issues.

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CBD for Brain-Damaged Babies?

Project CBD

Giving medical cannabis to infants is a difficult taboo to shift, but new research is paving the way. The launch of a clinical trial examining the use of CBD in newborns suffering from hypoxic ischemic encephalopathy (brain damage caused by lack of oxygen) means new hope for the million plus babies born each year with this condition.

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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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Cannabis Originated in Tibet 28 Million Years Ago, Says New Study

Leafly

Using a database of fossil pollen studies, researchers believe the cradle of cannabis may have been on the Tibetan Plateau. The post Cannabis Originated in Tibet 28 Million Years Ago, Says New Study appeared first on Leafly.

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And So It Died

Cannabis Law Report

Reports with endless reasons will be turning up for the next week. This initial report from MJ Biz with Sen. Liz Krueger’s statement is really all that needs to be said. “This is not the end of the road, it is just a delay,” . Here’s the statement. It’s worth reading the comments too, voters aren’t happy. Unfortunately, it is now clear that #MRTA will not pass this session.

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Medicine Man Technologies Begins Acquisitions in Colombia

WeedAdvisor

Recreational marijuana may still be illegal in Colombia, but it still has a flourishing medical cannabis industry. With recent efforts placed by legislators to remove prohibition altogether, it should come as no surprise that international cannabis companies are trying to jump in early. One such example, according to Westword , is Medicine Man Technologies.

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Washington DC: House Rules Committee Advances Amendment To House For Vote To Protect State Legal Programmes

Cannabis Law Report

MJ Biz write, A key legislative panel advanced an amendment to the full House for consideration that would protect all state-legal cannabis programs from interference by the U.S. Department of Justice. The U.S. House Rules Committee cleared the amendment for a full House vote as it passed the fiscal year 2020 Commerce-Justice-Science spending bill by an 8-4 margin late Tuesday.

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Marijuana Seizures and Confiscations Skyrocket at U.S. Border

WeedAdvisor

In the months leading up to – and after – marijuana legalization in Canada, the government and media were abundantly clear about keeping marijuana inside home borders. However, despite repeated warnings, individuals still try to bring their own cannabis into the U.S. If caught, the penalties can be quite harsh. Border officials constantly remind us that marijuana is illegal at the federal level in the U.S.

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Kansas City Law Firm, Seigfreid Bingham PC, Launches Cannabis Practice

Cannabis Law Report

Seigfreid Bingham PC is one of the first law firms in the Kansas City area to advertise its new cannabis practice. On their Cannabis Practice information page they say. The number one challenge for businesses in the cannabis industry is legal compliance. No trade is more challenging than cannabis. The new and developing economy of cannabis presents legal issues in almost every area imaginable; regulatory, employment, tax and 280E compliance, banking, licensing and permitting, commercial litiga

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Canada’s federal and provincial governments earned C$186 million (roughly $140 million) in tax revenues from direct sales of cannabis in the first 5-1/2 months of legalization.

The Joint Blog

According to a report by Statistics Canada (first reported on by Reuters), Ottawa collected a combined C$55 million in revenue via federal excise and goods and services taxes. Provincial tax revenues were estimated at a combined C$132 million. Although this is obviously a large number, the figures were below projections, said Robyn Gibbard, an economist for the Conference Board of Canada think tank, “thanks in part to the bumpy rollout of legalization last fall.

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A First For Halo Labs, They Intend To Appoint First Ever African Business Woman To Chair A Publicly Traded Cannabis Company

Cannabis Law Report

Halo Labs has published a release saying that it is their Intenion to appoint Ms. Louisa Mojela as Chairman of the Board upon closing their Bophelo Bioscience Acquisition. “Ms. Mojela successfully founded and listed a company on Johannesburg Stock Exchange that has grown to be worth over USD $250M today. She has led capital raises and held directorships at companies such as Sasol Mining (NYSE: SSL), Ixia Coal, South African Airways, Ericsson SA, Adcorp (SJ: ADR), and Sun International (SJ

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Koi CBD Oil Review

The Joint Blog

Koi CBD is a renowned company determined to offer superior products by conducting a professional business with absolute transparency. The company was established in 2015 and is dedicated to providing quality CBD oil products. The current market is stocked with products which have very little or no CBD amounts as the firms offering the products claim.

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New Report Suggests That CBD Might Be Harmful To The Human Liver

Cannabis Law Report

Hepatotoxicity of a Cannabidiol-Rich Cannabis Extract in the Mouse Model. Abstract. The goal of this study was to investigate Cannabidiol (CBD) hepatotoxicity in 8-week-old male B6C3F 1 mice. Animals were gavaged with either 0, 246, 738, or 2460 mg/kg of CBD (acute toxicity, 24 h) or with daily doses of 0, 61.5, 184.5, or 615 mg/kg for 10 days (sub-acute toxicity).

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Want to Grow Your Own Cannabis? Get Ready to Fight ‘Big Marijuana’

Leafly

Why is allowing homegrow such a contentious issue with adult-use states? To find the answer, follow the money. The post Want to Grow Your Own Cannabis? Get Ready to Fight ‘Big Marijuana’ appeared first on Leafly.

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Australia: NSW Spent $A250,000 Policing Annual Nimbin Grass Festival, Mardigrass

Cannabis Law Report

First up for our international readers a quick bit of historical background. Nimbin is a small town in the hinterland of Northern NSW and has been known as a haven for alternative lifestylers and having a cannabis culture since the late 1960’s. Nimbin (NSW). The Mardigrass festival is the result of the Australian “Stonewall of cannabis” demonstration that took place March 1993.

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Why You Won’t See Infused Ice Cream in Canada Any Time Soon

Leafly

Regulations are restricting the sale of perishables in Canada, however, the industry is looking to get creative with their edible offerings. The post Why You Won’t See Infused Ice Cream in Canada Any Time Soon appeared first on Leafly.

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Cannabis Sprays Explored: Response Plan for Allergens

Cannabis Life Network

We previously discussed some benefits and problems surrounding the use of Predatory Fungi like Prestop when growing cannabis– a ‘fight fire with fire’ form of defence against moulds and mildew in the agriculture industry. If they are sprayed during flowering, the beneficial mould can stick to stems that a bud will eventually grow around – […].

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Cannabis Retail Guide: Green Earth Cannabis, Calgary

Leafly

Check out this indie cannabis retailer in Calgary. The post Cannabis Retail Guide: Green Earth Cannabis, Calgary appeared first on Leafly.

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INCBA 2019  Board Nominations Are In!

Cannabis Law Report

INCBA’s Board is elected by the INCBA membership and represents a diverse set of attorneys that come from a myriad of substantive backgrounds, each of which offers a unique benefit to the association. Campaign profiles are posted here or you can click on each candidate’s name below, which will take you directly to their profile. The election will take place from Monday, June 24 to Friday, June 28 (voting closes 5pm pst) via electronic platform.

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Brothers (and Sisters) in Farms: The Pros and Cons of Joining a California Cannabis Cultivation Cooperative

Canna Law Blog

California cannabis cooperatives are still going strong. Our firm’s cannabis practice group represents licensed cannabis cultivators of all sizes, ranging from the small artisanal grower to the medium/large farm with a country farmhouse to the mega farm jumbo operation. Common problems permeate cannabis cultivation operations of any size in this state: California’s cannabis taxes are high ; traditional financing is unavailable ; licensing and environmental compliance fees are burdensome; and th

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New York’s Marijuana Legalization Bill “Dead for Now”

WeedAdvisor

With sweeping marijuana reform hitting several states recently, New York made an effort to join the cause. Unfortunately, like New Jersey, New York’s bill to legalize recreational marijuana appears to be a no-go for at least one more year, repots The Wall Street Journal. Despite immense pressure from lobbyists and politicians, the bill simply did not gain enough momentum to pass.