Sat.Mar 07, 2020

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Weekly Legislative Roundup 3/7/20

NORML

Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Following are the bills that we’ve tracked this week and as always, check NORML’s Action Center for legislation pending in your state. Don’t forget to sign up for our email list, and we will keep you posted as these bills and more move through your home state legislature and U.S.

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Sephora Paves the Way in Regulating CBD Cosmetics

Canna Law Blog

While the U.S. Food and Drug Administration (“FDA”) continues to drag its feet in forging a clear path for the sale and marketing of hemp-derived cannabidiol (“Hemp CBD”) products, foreign agencies and industry players are leading the way by adopting their own sets of regulations. Last week, giant beauty retailer Sephora announced it was now enforcing standards specifically tailored for all Hemp CBD products found on its shelves to ensure these products meet the company’s high-quality standards.

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The Roll-Up bonus episode: Coronavirus and cannabis

Leafly

We're in Seattle: Here's what it's like in a city under COVID-19 'social distancing' orders. The post The Roll-Up bonus episode: Coronavirus and cannabis appeared first on Leafly.

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Greenest Cannabis Must Start Now

Cannabis Law Report

If you wish to re-publish this story please do so with following accreditation. AUTHOR: Heather Allman. PUBLISHER: CANNABIS LAW REPORT. Cartridges, Batteries and Waste, Oh My! — Part 2. What about sustainability in the U.S. cannabis industry in 2018? The scary question as discussed directly in Ryan Miller’s June 2018 article on Recycling in the Cannabis Industry : Nipping a cannabis garbage problem in the bud.

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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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Sephora Paves the Way in Regulating CBD Cosmetics

Canna Law Blog

While the U.S. Food and Drug Administration (“FDA”) continues to drag its feet in forging a clear path for the sale and marketing of hemp-derived cannabidiol (“Hemp CBD”) products, foreign agencies and industry players are leading the way by adopting their own sets of regulations. Last week, giant beauty retailer Sephora announced it was now enforcing standards specifically tailored for all Hemp CBD products found on its shelves to ensure these products meet the company’s high-quality standards.

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What Is Dabbing And Is It Right For You?

The Fresh Toast

Dabs, or dabbing, is known in the cannabis community as consuming concentrated cannabis oil extracts. Continue reading What Is Dabbing And Is It Right For You? at The Fresh Toast.

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US Hemp Roundtable Analysis Of FDA CBD Report To Congress

Cannabis Law Report

More than a week after a Congressional deadline, FDA finally released its long-awaited report to Congress on the potential regulatory pathways for the sale of hemp-derived CBD products. There’s not much cause for celebration — FDA continues to kick the can down the road, claiming that more study is needed before it takes action. The agency’s delay results in the worst of both worlds — U.S. hemp farmers are denied profitable markets for their crops, while unregulated products continue to prolifer

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CBD and THC: Making the Most of the Union of Cannabis Substances

Corante

Each of us is different. We all have different tastes and preferences. So, when deciding between a high-THC product versus a high-CBD product, we will have different priorities. . Many cannabis fans prefer CBD high products because it does not alter a person’s state of mind. It does give you any kind of high. However, you can still benefit from calming effects like reduced anxiety and pain management.

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Weedmap’s Under subpoena and Federal  investigation

Cannabis Law Report

We have been writing for some time about Weedmaps making millions by giving illegal operations a home and safe haven to sell their unregulated items at discount prices. Thus, in the face of massive fines, Weedmaps, this past January, finally capitulated and pledged to drop ads for illegal vendors from its online directory. As discussed in our last newsletter, Weedmaps agreed to modify their policy, which new policy seems to have more holes in it than a kitchen colander. .

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Today’s Answer of the Day

TheAnswerPage

CBD is a negative allosteric modulator. What does that mean? A negative allosteric modulator changes the shape of the receptor and, as a result, reduces the binding ability of components that typically bind to the receptor. In the case of cannabinoids, CBD alters the shape of CB1 receptors, and THC along with endogenous cannabinoids do not bind to the CB1 receptor to the same degree as they do when CBD is not present.

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Motley Fool Article Says Aurora Stock Likely To Fall Further In The Short Term

Cannabis Law Report

Will they be the next cannabis giant to face de-listing notice from the NYSE ? MF write. Aurora stock is now going for a mere $1.36 per share, and some investors may think it’s a bargain. After all, the company is still expected to be one of the leading producers of marijuana throughout Canada and has a presence in 24 countries outside of its home market.

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Nearly $75 Million in Marijuana Sold During First Two Month of Legal Sales: Illinois

The Joint Blog

There has been around $75 million in marijuana and marijuana products sold in Illinois in January and February, the first two months of legal sales. In January, the first month of legal sales, there was $39,247,840.83 in marijuana sold, according to the Illinois Department of Financial and Professional Regulation said that marijuana generated $39,247,840.83 worth of sales.

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Document: U.S. Department of Justice Drug Enforcement Administration FY 2021 Performance Budget Congressional Budget Submission

Cannabis Law Report

Marijuana Moment have gone through the document with a fine comb, toothpick and magnifying glass and found hidden in the text the following admission…………… The Drug Enforcement Administration (DEA) recently acknowledged in a report that state-level marijuana legalization reduces instances of illegal interstate trafficking.

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The Mooch Has Re-Surfaced ………In The World Of Cannabis “Information”

Cannabis Law Report

First up let’s give you the press release. Financial Firm Behind the World’s Largest Cannabis Fund to Partner with SALT on all Content in Emerging Vertical. NEW YORK , March 5, 2020 /PRNewswire/ — SALT, a leading global thought leadership forum, announced that ETF Managers Group (ETFMG), the thought leader and issuer behind the world’s largest cannabis ETF, MJ, will take on a leading content production role at this year’s flagship Las Vegas event.

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Gordon Gekkos Arrive On Cannabis Scene

Cannabis Law Report

Investors can brand themselves as “lenders of last resort” that can go into cash-strapped companies and restructure them so as to avoid a fire sale of distressed assets and survive, said Rod Stephan, a partner at New York-based Altitude Investment Management. Rod Stephan, partner at New York’s Altitude Investment Management. Full story. Investors target distressed cannabis companies for new opportunities.

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San Diego lab says almost 80% of illicit cannabis vape cartridges are ‘unfit for consumption’

Cannabis Law Report

A revealing report from 10 News San Diego tells us that none of the issues raised in the latter half of last year with regard to cannabis vvapes have been addressed in Southern California and we would suggest most likely throughout the rest of the country too. All the same issues are alive and kicking and the supply chain is still chock a block with vape products that at the very least are plain dishonest and at the more worrying end of the scale could contribute to the death of users.

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Cannabis smell in vehicle by itself not reason to conduct search, Alameda court rules

Cannabis Law Report

The report says. “Marijuana and alcohol now receive similar treatment under the law,” said the Appellate Division of Alameda County Superior Court in a ruling barring evidence of a loaded handgun that police found during the search. The ruling was issued in December and was published by the state courts this week as a precedent for future cases. It is one of the first appellate decisions on the effect of Proposition 64, the November 2016 initiative that allowed adults over 21 to buy, possess a

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Facts You Need To Know About Green Sativa

Cannabis Law Report

If you’ve done any reading about medical marijuana, cannabis in general, or used medical cannabis, you’ve likely heard about Green Sativa but you may not have a clue what it means or what it’s all about. Don’t feel bad. The marijuana industry has gone through tremendous changes in the most recent ten years, as well as major changes over the past twenty years. .

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US Hemp Roundtable: Latest State Alerts

Cannabis Law Report

As FDA continues to drag its feet on regulating hemp-derived CBD, state legislatures are filling the vacuum with their own measures to provide access to safe and legal CBD products. This week, we share three good bills to follow, and encourage our Hemp Supporters in Hawaii, Kentucky and Maine to use our State Action Center portal to urge their legislators to support CBD: State Alert: Maine.

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Bill addressing hemp possession, licenses passes Georgia House

Cannabis Law Report

AJC reports. A bill passed Thursday clearing up who is allowed to possess hemp following questions created by legislation enacted last year. The state’s 2019 hemp farming law caused an unintended quandary for Georgia prosecutors. Some, including Gwinnett County Solicitor Brian Whiteside , decided to s top prosecuting misdemeanor marijuana cases because the hemp plant and marijuana are virtually identical.

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“Fraud” the Center of Lawsuits Against California Cannabis Company, Executive for Allegedly Inflating Financial Projections to Lure $1.2 Million in Loans

Cannabis Law Report

Press Release. Deceptive Tactics Unmasked in Three Lawsuits Against Pot Entrepreneur Case Mandel. LAS VEGAS, March 05, 2020 (GLOBE NEWSWIRE) — A trio of lawsuits alleging a scheme to defraud $1.2 million in still-unrepaid loans is shining a light on the dark side of the burgeoning legal marijuana industry. Lenders allege that a high-profile California-based marijuana company and its key executive used “make-believe projections” – inflated by 2,000% – to intentionally deceive them about the

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Key Differences Between CBD Isolate and Full Spectrum CBD

Cannabis Law Report

CBD. It’s everywhere. You see it in advertisements all over your social media. You might see it at your local pharmacy. You’ve likely gotten some spam emails trying to sell you some sort of CBD product. Even Groupon has savings on CBD products that you shop for online or locally. This can cause a great deal of confusion for people, especially when they have been told to try CBD for their back pain, or use CBD for their migraines, upset stomach, IBS , diabetes and so forth.

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28 Weeks Later

Cannabis Law Report

Some are spinning, some are confused and some should know better. Yes, Florida’s medical cannabis environment is like being in the Matrix but that doesn’t mean there’s an excuse for lazy research and opinion writing that lessens the chance of disabling the Sentinels. If you wish to re-publish this story please do so with following accreditation.

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Oregon Hemp Farmers Face Uncertain Future, Currently OR Has More Acres Devoted To Growing Hemp Than Potatoes & Onions Combined.

Cannabis Law Report

Time is ticking for Oregon hemp farmers. Says Hemp Grower. When Republican state senators walked out of the Capitol at the end of February to prevent a vote on a climate bill, they opened the door to uncertainty for hemp farmers. Republicans’ continued absence jeopardizes passage of House Bill 4072, which would give the Oregon Department of Agriculture (ODA) the authority to conduct criminal background checks and other necessary requirements to comply with the Agriculture Improvement Act of 2018

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