Tue.Aug 20, 2019

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Two Weeks In, Louisiana’s Medical Marijuana Program Is Thriving

Leafly

More than 5,000 patients are now being served by the state's nine dispensaries. The post Two Weeks In, Louisiana’s Medical Marijuana Program Is Thriving appeared first on Leafly.

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Arizona NORML, Partners File 2020 Statewide Legalization Initiative

NORML

A coalition of activist groups, including Arizona NORML, the Drug Policy Alliance, and the state chapter of the ACLU, have filed language with the Secretary of State seeking to legalize the adult use and dispensing of cannabis. The Smart and Safe Arizona Act , which was drafted with input from Arizona NORML State Director Michael Weisser, permits those age 21 and over to legally possess, purchase, and grow personal use amounts of cannabis and/or cannabis-infused products.

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Does Marijuana Work Better Than Sleeping Pills For Insomnia?

The Fresh Toast

One of the most common home-remedy uses for cannabis is as a natural sleep aid or cure for insomnia. Why? Because it works like a charm. Continue reading Does Marijuana Work Better Than Sleeping Pills For Insomnia? at The Fresh Toast.

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Federal Report: Youth Marijuana Use Steadily Declining

NORML

The self-reported use of marijuana by teenagers continues to decline nationally, according to federal data reported by the United States Substance Abuse and Mental Health Services Administration (SAMHSA). The agency’s 2018 report finds that past-year marijuana use by those ages 12 to 17 has fallen consistently since 2002, from 15.8 percent to 12.5 percent.

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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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The Marijuana Times Says Illegal Cannabis Oil Sales Are Linked To National Outbreak of Lung Damage

Cannabis Law Report

Must read report. Will law enforcement, the courts and lawyers be able to chase down the manufacturers? The Centers for Disease Control, the Food and Drug Administration, and the health commissioners in a growing number of states are collectively investigating more than a hundred cases of mysterious life-threatening lung ailments among teenagers and young adults who were found to be vaping what appears to be black market cannabis oil.

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American Legislative Exchange Council (ALEC) Suggests Cannabis “Model Policies” At 46th Annual Meeting

Cannabis Law Report

They write in the press release… During the three-day conference, and in view of 2020, members will attend workshops, plenary sessions and task force meetings and hear from notable speakers, including Texas Governor Greg Abbott, Arizona Governor Doug Ducey, Secretary of Energy Rick Perry, White House Innovation Advisor Brook Rollins and Matthew Charles, one of the first Americans to benefit from criminal justice reforms put in place by the First Step Act – based on an ALEC model policy

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5 Benefits of Taking Cannabis During Chemotherapy

Otherside Farms

Cancer is a life-threatening disease from which millions of people are suffering today. While some people can detect it at an early stage and get a cure, many have lost their lives to it. . For those who suffer from it, life becomes a living hell. People are now resorting to using cannabis, as it provides relief from the side-effects of cancer and chemotherapy.

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Lottery for Next Wave of Ontario Cannabis Stores Being Held Today

Leafly

More cannabis stores are on the horizon. The post Lottery for Next Wave of Ontario Cannabis Stores Being Held Today appeared first on Leafly.

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Lottery for next wave of Ontario cannabis stores being held today

Cannabis Life Network

TORONTO — Ontario is holding its second lottery to select operators hoping to run cannabis shops in the province. The Alcohol and Gaming Commission of Ontario was selecting 42 companies on Tuesday that can apply for pot store licences, with the results expected to be made public Wednesday. Unlike the first lottery held earlier this year, which […].

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Canadian Cannabis Retail Stores Concentrated in Low-Income Areas

Leafly

According to a recent study out of Ottawa. The post Canadian Cannabis Retail Stores Concentrated in Low-Income Areas appeared first on Leafly.

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PharmaCielo’s First CBD Isolate Shipment Arrives in Europe

WeedAdvisor

On July 25 th , 2019, Canada-based PharmaCielo’s Colombian subsidiary, PharmaCielo Colombia S.A.S., won the race to be the first distributor of CBD products to Europe. On August 19 th , The Daily Marijuana Observer reports that the first shipment hit European soil, landing in the hands of Swizerland’s Creso Pharma. This ground-breaking achievement marked a huge milestone for the South American cannabis industry and an even bigger one on a global scale.

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NJ.com Article Highlights Why It Will be Hard To Estimate Tax Revenues From Regulated Cannabis Sales

Cannabis Law Report

NJ.com reports. How much money could New Jersey bring in if the state ever legalizes recreational marijuana? The question is difficult to answer, and states that have tried predicting legal weed revenue have been all over the place due to hazy data, according to a new study by The Pew Charitable Trusts. After a drawn-out, failed effort earlier this year to legalize adult-use cannabis in the Garden State, New Jersey political leaders said they would like to give the legislation one final sho

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California’s Legal Market Could Gain the Upper Hand in Five Years

WeedAdvisor

Light might be at the end of the tunnel of California’s struggling legal marijuana industry, says The Sacramento Bee. An analysis from BDS Analytics Arcview Market Research predict that California will finally pull ahead of the black market – albeit by a small margin – within five years. This is in stark contrast to the current situation, which still seems rather bleak.

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Ontario Cannabis Store Returns CannTrust products because they are “non-conforming.”

Cannabis Law Report

Bloomberg report…The Ontario Cannabis Store, the government corporation in charge of wholesale distribution to licensed retailers and operator of the province’s online store, has elected to return all or substantially all of CannTrust products because they are “non-conforming.” The products are valued at about C$2.9 million ($2.2 million), CannTrust said in a statement Monday.

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Sundial Growers Inc. Added to HMMJ’s Portfolio

Cannabis Life Network

TORONTO, Aug. 19, 2019 /CNW/ – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) has added Sundial Growers Inc. (“Sundial Growers”) to the portfolio of the Horizons Marijuana Life Sciences Index ETF (“HMMJ”), following the addition of Sundial Growers to the North American Marijuana Index, the underlying index of HMMJ.

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General Cannabis Announces Entry into Term Sheet For Acquisition of Denver Cannabis Retailer

Cannabis Law Report

DENVER, Aug. 19, 2019 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQX: CANN) (the “Company” or “General Cannabis”), the comprehensive national resource to the regulated cannabis industry, today announced that it has entered into a non-binding term sheet to acquire substantially all of the assets of a licensed recreational cannabis retailer in Denver, Colorado (the “Business”).

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Five Doping Incidents involving Canadian athletes

Cannabis Life Network

Canoeist Laurence Vincent Lapointe is the latest Canadian Olympic medal hopeful to get caught up in a doping controversy. She has tested positive for the banned substance Ligandrol — which can help build and repair muscles — a year out from the Tokyo Games. Here’s a look at five previous doping incidents involving Canadian Olympic athletes: BEN […].

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Approval of public health insurance could boost medical cannabis sales in Czech Republic

Cannabis Law Report

An amendment to the Medicines Act that would provide public health insurance for medical marijuana is currently under discussion in the parliament. If the measure is approved, 90% of the cost of cannabis would be covered by public health insurance, with a maximum of 30 grams (1.1 ounces) per patient allotted per month. Having cannabis covered by insurance is expected to make a big difference.

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TSX Rebounds from Worst Day of Year but still closes Lower on Economic Worries

Cannabis Life Network

TORONTO — Canada’s main stock index TSX rebounded from its worst day of the year but still closed at a five-month low Thursday amid continuing concerns about a global economic slowdown. CEO, First Avenue Investment Counsel Inc. States: Markets have finally “sobered up” and are accepting that there is a global economic slowdown, said Kash […].

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US Hemp Roundtable – Update: The National Credit Union Administration (NCUA) issues guidance about changes in federal law

Cannabis Law Report

Here’s their update sent out 19 August 2019: The National Credit Union Administration (NCUA) issued guidance about changes in federal law related to hemp for federally insured credit unions interested in providing financial services to the legal hemp industry. . This update comes on the heels of Senator McConnell (R-KY) and Senator Wyden (D-OR) urging NCUA Chairman Rodney Hood and the federal agency to provide clarification to help address this barrier to the hemp industry on behalf of t

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BOGO Moxie Carts

Kind Meds (Cannabis Education Blog)

Get Your Moxie On! Today 8/21, you can take advantage of Arizona’s home grown flavors wrapped up in liquid concentrate delights. Meet Moxie from 2pm-6pm. HERE’S THE DEAL: Come in-store Wednesday, August 21, 2019 only for Buy-1-Get-1-FREE on all Moxie carts. Savor this all-natural cannabinoid vape experience from every inhale to existential exhale and then you’ll know why Moxie has over 80 industry awards to its name.

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American Herbal Products Association’s Hemp-CBD Supplement Congress – Part 1 – Morning Report

Greenspoon Marder Cannabis Law Group Blog

By: Allen T. Paxton* & Nabil Rodriguez, Esq. At last week’s sold-out American Herbal Products Association’s Hemp-CBD Supplement Congress in Denver, keynote speaker Colorado Governor Jared Polis declared hemp a “crop of the past and, yes, a crop of the future.” As a crop of the past, hemp has distinctly American roots. Highlighting this history, Governor Polis recounted how our nation’s founders grew hemp and how some of the earliest American flags were made of the plant.

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Illinois Cannabis Law Update

Dykema (Cannabis Law Blog)

Cannabis legislative activity is heating back up in Illinois as Governor Pritzker recently signed legislation to make the state’s Compassionate Use of Medical Cannabis Pilot Program permanent as well as legislation clarifying who may administer medical cannabis to students in a school setting. This recent gubernatorial action takes place as Illinois gears up for the roll-out of recreational use cannabis on January 1, 2020.

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OSC approves management cease trade order at cannabis company CannTrust Holdings

Cannabis Life Network

VAUGHAN, Ont. — CannTrust Holdings Inc. says the Ontario Securities Commission (OSC) has approved a management cease trade order as the cannabis producer works to deal with its regulatory problems with Health Canada. The order by the securities (OSC) regulator prohibits the directors and executive officers of the company from trading in CannTrust securities until […].

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Dazed and Confused: Employers Prepare for Recreational Marijuana in Illinois as of 2020

Dykema (Cannabis Law Blog)

With the passage of the Cannabis Regulation and Tax Act, Illinois becomes the 11th state to legalize the recreational use of marijuana. As such, Illinois employers must now grapple with the new law’s potential impact on their employees and operations before the law becomes effective on January 1, 2020. Read More › Tags: Labor Law.

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Canopy Growth executives compensation surges following cannabis legalization

Cannabis Life Network

SMITHS FALLS, Ont. — Canopy Growth executives have struck it rich as their total compensation surged to $28.5 million last year including the first months since cannabis was legalized in October. Nearly 90 per cent of the payout to the six top officials was in the form of option-based awards, the Smiths Falls, Ont., company […]. The post Canopy Growth executives compensation surges following cannabis legalization appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks.

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CBD for Autism: The Therapeutic Promise

Project CBD

From Wholistic Research & Education Foundation.

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California illegal pot market Booming: Hidden in Plain Sight

Cannabis Life Network

LOS ANGELES — California’s struggling legal cannabis industry is expected to grow next year to $3.1 billion, but it remains outmatched by a thriving California illegal pot market ripe with bargains, a report concluded Thursday. Consumers are spending roughly $3 in the state’s underground pot economy for every $1 in the legal one, said the […].

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Bernie Tweets On Cannabis – Feel the B(u)ern

Cannabis Law Report

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Canopy Growth Receives Key Extraction Licence

Cannabis Life Network

SMITHS FALLS, ON, Aug. 20, 2019 /CNW/ – Canopy Growth Corporation (TSX: WEED), (NYSE: CGC) (“Canopy Growth” or the “Company”) is pleased to announce that it has received a licence from Health Canada for its KeyLeaf Life Sciences (“KeyLeaf”) facility in Saskatoon, Saskatchewan. Including the Smiths Falls site and the recently licensed BC Tweed extraction site, Canopy Growth now […].