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Republican Gov. Charlie Baker has signed legislation into law that seeks to promote greater diversity among those participating in the state’s licensed cannabis industry and that lays the groundwork for the establishment of on-site cannabis consumption facilities. The post Massachusetts: Governor Signs Bill Creating “Social Equity Trust Fund” For Aspiring Marijuana Businesses appeared first on NORML.
Hot off the press from the Cook Island News. First up – in case you don’t know this is where you’ll find the Cook Islands. The report reveals. Prime Minister Mark Brown says the overwhelming favourable response to the cannabis referendum will allow the Government to move quickly in legalising medicinal cannabis and opening up further research.
A record number of Canadian military veterans have received medical cannabis reimbursements. The federal government spent more than $150 million last fiscal year. The amount has doubled from only three years ago. Veterans Affairs Canada is on track to spend $200 million on medical cannabis reimbursements this year. Medical Cannabis Reimbursements for Vets The rationale […].
We’ve mentioned how many committees this proposed bill has been through in a prior report. The LA Times doesn’t mix words. Legislation to decriminalize certain psychedelic drugs such as “magic mushrooms,” MDMA, ketamine and LSD was gutted by the California Legislature on Thursday, though the lawmaker who sponsored the bill vowed to reintroduce the measure next year.
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.
How Milligrams of THC Is In This Joint? One of the age old questions for medical cannabis patients has been: how much THC am I smoking? Which brings us to the real question: “How many milligrams of THC is in this Joint? Fighting off chronic pain, decreasing anxiety, and warding off cancer are just some of the potential benefits of medical marijuana.
It had to happen – why anybody thought it was a good idea investing in CBD in Hong Kong whilst Beijing flexes its muscles with the National Security Law and a raft of other measures to bring the city back to the motherland. That said we understood why is has been happening but unfortunately for HK the days of laissez faire capitalism are well and truely over, welcome to dystopian state capitalism.
It had to happen – why anybody thought it was a good idea investing in CBD in Hong Kong whilst Beijing flexes its muscles with the National Security Law and a raft of other measures to bring the city back to the motherland. That said we understood why is has been happening but unfortunately for HK the days of laissez faire capitalism are well and truely over, welcome to dystopian state capitalism.
On July 1, 2022, the Illinois Department of Financial and Professional Regulation (IDFPR)—the regulatory department charged with implementing and administrating multiple aspects, including licensing, of Illinois’ Adult Use Cannabis Program—published an Advisory Notice online providing information to conditional dispensary licensees (Conditional Licensees).
Deal Bolsters Curaleaf Presence and Cements Strategic Advantage in Europe’s Largest Market as Germany Readies for Adult Use. WAKEFIELD, Mass. , Aug. 9, 2022 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF ) (“Curaleaf” or the “Company”), a leading U.S. provider of consumer products in cannabis, today announced that Curaleaf International Holdings Limited, the company’s European holding company, has signed a definitive agreement to a
The delta-8-THC series continues… How do the effects of delta-8-THC compare to those of delta-9-THC? According to the results of an online survey of delta-8-THC consumers ( N= 521 participants), “most delta-8-THC users experienced a lot or a great deal of relaxation (71%); euphoria (68%) and pain relief (55%); a moderate amount or a lot of cognitive distortions such as difficulty concentrating (81%), difficulties with short-term memory (80%), and alerted sense of time (74%); and did not ex
Via MJ Biz. A California company specializing in hemp-derived delta-8 THC products has notched a fourth straight victory in copyright battles with competitors that it claimed were illegally using its protected brand. According to Law360, AK Futures – which sells the popular “Cake”-branded delta-8 THC vaporizers – won its latest court fight when a federal judge again ruled that hemp-based products are protected under federal copyright laws because hemp was legalized in 2018.
It is finally here: New York’s Office of Cannabis Management (OCM) announced that it will begin accepting applications for the Conditional Adult-Use Retail Dispensary (CAURD) Licenses on August 25, 2022. Applications will be accepted through the OCM’s online portal and the application window will close on September 26, 2022. This is obviously a huge deal and the first step towards legal sales of adult-use cannabis in New York.
They won’t allow “the decriminalization of possession and use of small quantities of certain psychedelic drugs” in the language of the bill. Unsurprisingly Wiener isn’t happy about it. SACRAMENTO – Senator Scott Wiener’s (D-San Francisco) released the following statement: “I’ve now confirmed that SB 519 – decriminalizing possession and use of small quantities of certain psychedelic drugs – was amended by the Assembly Appropriations Committee to remove the decrimin
The higher the perceived THC level the more sales is the equation, so, it appears Curaleaf took a “creative” approach to lebelling that in turn has backfired. We wonder also whether New Yorkers will remember this thus affecting the brand in the state. The question is… are Curaleaf doing the same thing in other states? Syracuse.com reports.
Prague, Czech Republic–(Newsfile Corp. – August 11, 2022) – MOTAGON, a pharmaceutical company based in Prague and specializing in medical cannabis, has secured a ground-breaking agreement with Europe’s biggest indoor cannabis producer and one of the first cannabis extracts and formulations producers PHCANN INTERNATIONAL. Czech cannabis patients will soon be able to treat their ailments not only with MOTAGON’s dried flowers, but also full spectrum extracts.
This week alone we have Curaleaf and their labelling and also this great report from Weedweek about Stiizy … Looks like the NY Office of Cannabis is going to have to be extra extra vigilant. The labels of four Stiiizy -branded vape products purchased in New York City suggest that there is an illegal pipeline of products originating at the company’s licensed Los Angeles factory and reaching out of state markets.
Remember this is a press release … Brooklyn, NY (Newsworthy.ai) Wednesday May 18, 2022 @ 7:00 AM Eastern —. Arcview Capital today announced the launch of their equity crowdfunding platform, devoted to supporting cannabis and other adaptogenic plant-based businesses by democratizing investment in these rapidly scaling industries so that all who wish to participate can do so.
Marijuana Moment report on some of the panels being proposed for 2023…… Voting is now open for the public to decide which panels will make the stage at next year’s South By Southwest (SXSW) festival—and there are about 100 marijuana- and psychedelics-related proposals to pick from. Drug policy topics have become a consistent feature of the Austin-based event in recent years as more states have legalized cannabis and moved to reform laws around psychedelics like psilocybin locally a
By Keith Paul Bishop on August 12, 2022. Nevada’s voters decriminalized adult recreational use of marijuana by voter initiative. See Secretary of State, Statewide Ballot Initiative Question No. 2, 14 (Nov. 8, 2016, effective Jan. 1, 2017). Marijuana nonetheless remains illegal under federal law and may be prosecuted under the Controlled Substances Act.
August 12, 2022. The Cannabis Control Commission (Commission) provides notice that there are potential adverse health effects allegedly related to the consumption of Marijuana-infused Products (MIPs) containing Corydalis rhizome extract (Corydalis), a.k.a. Corydalis yanhusuo. The Commission has become aware of a recent notification from the Colorado Department of Revenue’s Marijuana Enforcement Division indicating that consumption of an MIP in Colorado marketed as 1906 Midnight Drops may ha
Aug. 12, 2022. This message is to address concerns raised recently by some cannabis licensees and labs about the implementation of the pesticide testing requirements. Specifically, two issues have been raised that this message is intended to address: Requests to extend the deadlines for implementation; and. Concerns that some products sold to retailers violate our longstanding pesticide limits. 1 : Request to Extend the Deadlines.
The latest legislative updates across the states . Virginia. As we reported last month , Virginia convened a task force to make recommendations for the manufacture and sale of hemp extracts, pursuant to recently-passed HB 30. This week, the Roundtable’s General Counsel, Jonathan Miller, testified at the task force’s second meeting. His remarks (beginning at 1:27:14) and the entire meeting can be viewed online.
Faculty: Adam Smith | Shaleen Title, Esq. | Robert Mikos | Genine Coleman. Duration: 1 Hour 30 Minutes. SKU: INCBA08172022web. License: Access for 6 month(s) after program date. Dates. Wed, Aug 17, 2022 – 12:00pm to 01:30pm PDT.
What with the MAPS “therapy” disaster followed by the ABC (Australia) Mind Medicine expose and now this, all in all it has not been a good month for those that believe in the future of a regulated psychedelics environment. Apply $’s to psychedelics and all sorts of problems occur… Me thinks our counterculture hereos of the 60’s and 70′ would be laughing their socks off.
Psychedelic Alpha report that SB519 is ever so slowly moving through the labryinth of oversight committees and as Spacemen 3 sang. It Is The Sound Of Confusion. SB-519, which would generally decriminalise psychedelics in the state of California, appears to have passed another hurdle yesterday. California Senate Bills must run through a gauntlet of senate and assembly committees before reaching the floor.
MJ Harvest, Inc. (“MJHI”) (OTCQB:MJHI) announced that it has entered into a definitive Agreement of Merger and Plan of Reorganization (the “Merger Agreement”) to merge with and into Cannabis Sativa, Inc. (“CBDS” or “Cannabis Sativa”). The Merger Agreement was executed on August 8, 2022, and management expects the merger and reorganization to be completed in the fourth quarter of calendar year 2022, subject to certain conditions precedent including
Mergers and acquisition activity in the cannabis space tripled from 2020 to 2021 , and that pace is on track to continue in 2022. With big players entering the global cannabis market, we’re fielding more questions about mergers and acquisitions of cannabis businesses. In this guide, we look at the evolution of the U.S. cannabis industry and some best practices and considerations for M&A deals in this environment.
The cannabis industry has been attracting greater acceptance across the country as more states have legalized medical and recreational marijuana, as well as related products such as CBD and hemp, while accountants have been helping their clients deal with the tax and financial implications. However, marijuana has still not been legalized by the federal government, although there have been attempts to change that in Congress in recent years.
The Local reports. France is known for having some of the strictest laws regarding marijuana consumption in Europe – while simultaneously maintaining one of the highest rates of cannabis usage in the EU. A group of French senators – coming from the Socialist, Green and centre-right Les Républicains parties – are trying to change those laws, and have come together to call for marijuana to be legalised in France.
Lawmakers in Guyana’s parliament voted this week to legalize industrial hemp plants containing 0.3% THC or less. Ganjapreneur. The Guyana parliament on Monday approved the Industrial Hemp Bill, legalizing industrial hemp cultivation of plants containing 0.3% THC or less, Caribbean National Weekly reports. Agriculture Minister Zulfikar Mustapha, who is described as piloting the legislation, called hemp “a win-win situation for all the players involved.” .
L.A. County commercial cannabis is finally coming in 2023. We covered the breaking news about L.A. County commercial cannabis regulations here. This is a huge deal, because L.A. County is the biggest county in the U.S. with over 9 million residents. L.A. County plans to allow the following businesses in in its borders in 2023: 25 retail, 25 delivery, 10 cultivation (indoor or mixed light only), 10 distribution, and 10 testing licenses.
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