Fri.Oct 25, 2019

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How NYC wiped out wild cannabis plants

Leafly

Cannabis used to grow wild in the abandoned lots of NYC, until about 60 years ago, when the city launched a slash-and-burn effort to eradicate the weed. The post How NYC wiped out wild cannabis plants appeared first on Leafly.

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Sky High – Squamish’s First Legal Cannabis Store

Cannabis Life Network

Sky High Cannabis Store closed their doors for a month to prepare for legalization, and on September 30, 2019 they became the first retailer in Squamish, British Columbia, to receive a provincial license. The municipality had kept it’s cannabis retail regulations in a row for quite some time. In fact, once legalization came into effect […].

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Utah cannabis patients face barriers after legalization

Leafly

As Utah prepares to launch its medical marijuana program, patients who want to use the drug are encountering skeptical doctors and the quandary of where to get the plant. The post Utah cannabis patients face barriers after legalization appeared first on Leafly.

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Ash: The Not So Black and White End to Every Joint

Cannabis Life Network

Ah yes, a bud so pure it burns to reveal ghostly ash. Perhaps it is reasonable to think this must be healthier. No one wants to think of black smoke filling their lungs with carbons and tar. The belief that miner’s lung is a problem with cigarettes and not cannabis is one many can liberally […]. The post Ash: The Not So Black and White End to Every Joint appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks.

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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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Health Canada speaks on the vaping-related illness crisis

Leafly

Learn about the recent outbreak of vape-related lung illness in North America, and what you can do to maintain safe consumption practices. The post Health Canada speaks on the vaping-related illness crisis appeared first on Leafly.

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Nature’s Way Rehab

Nature's Way Medicine

We are pleased to announce the start of an opiate addiction rehab that uses medical marijuana to detox patients. The post Nature’s Way Rehab appeared first on Nature's Way Medicine.

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Cannabis Antitrust – US Justice Dept Near To End Of Reviews

Cannabis Law Report

As the report also implies the sector is somewhat chaotic (when is it not?) and even if the Justice Dept gives various deals the go ahead the magic moment may have already passed. Or in corporate speak. California-based MedMen noted in a news release announcing the cancellation that “regulatory hurdles at the federal and state level … delayed the integration and realization of synergies that were initially factored into the value of the transaction to the company.”.

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Oregon Hemp Webinar: The Video

Canna Law Blog

In case you couldn’t join us earlier this month, or would like to revisit some of the information, below is the recording from our most recent lunch hour webinar on Oregon hemp. Enjoy!

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Bernie’s Cannabis Plan

Cannabis Law Report

Here’s what he says. [link]. Key Points. Legalize marijuana in the first 100 days with executive action. Vacate and expunge all past marijuana-related convictions. Ensure that revenue from legal marijuana is reinvested in communities hit hardest by the War on Drugs. Ensure legalized marijuana does not turn into big tobacco. Details. When we talk about criminal justice reform and ending institutional racism in America, we are talking about ending the disastrous war on drugs, which has dispr

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Bonify’s License Returned Following Eight-Month Suspension

WeedAdvisor

The first year of legalization saw its share of scandals. But while CannTrust stole the spotlight in the summer of 2019, Winnipeg-based licensed producer Bonify was arguably worse. As we covered in our article from early 2019 , Bonify’s most egregious offence was when it sourced and sold illegal cannabis into the open market. This was during a volatile time, where pressure to provide inventory was massive as a huge shortage bottlenecked the nascent cannabis industry.

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2019 New California Laws Impacting Cannabis Businesses

Cannabis Law Report

October 25, 2019. Article PDF. Governor Newsom has signed several bills that impact the cannabis industry by providing relief from federal income tax deduction limitations, encouraging minority participation, encouraging union membership, and clarifying some other existing regulations. The bills include: Assembly Bill 37 repeals the limitation on deductions for business expenses for cannabis businesses, which had previously conformed to Internal Revenue Code section 280E for state tax purposes

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RCMP Seizes Illegal Edibles and Warns of Similarities to Regular Candy

WeedAdvisor

In a hardly surprising turn of events, the RCMP conducted another raid that yielded a plethora of colourful edibles, according to City News. The media hysteria around edible poisonings has died down significantly, but the upcoming entrance of edibles into the legal market has sparked some concern. Following the product seizure, the RCMP put out the following tweet: “We’re asking that if you are going to be purchasing these kinds of edibles in the future that you are aware of how they may be mist

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North Macedonia Updates Medical Cannabis Legislation

Cannabis Law Report

The government of Prime Minister Zoran Zaev sent a draft bill to the Parliament that would substitute the current “Law on Control of Narcotic Drugs and Psychotropic Substances.”. The most notable changes for businesses include: The creation of an independent cannabis regulatory agency. Permitting flower to become an export product. Increased requirements to have a license.

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Cannabis Legalization and Expungement: Bernie Sanders debuts blueprint at 4:20pm

Cannabis Life Network

At precisely 4:20pm, Thursday afternoon, Bernie Sanders unveiled his plans for cannabis legalization, the most ambitious to date. “Too many lives were ruined due to the disastrous criminalization of marijuana. Today I am releasing my plan to: Legalize marijuana with executive action, expunge past marijuana convictions, [and] invest in communities most affected by the War […].

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New data reveals top medical conditions for which cannabis is reimbursed in Germany

Cannabis Law Report

The data is based on an ongoing government survey involving 6,538 patients, as of September. The information was disclosed in a reply to a parliamentary inquiry, using the Federal Institute for Drugs and Medical Devices (BfArM) as the data source. All details here. New data reveals top medical conditions for which cannabis is reimbursed in Germany.

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Ontario to ban promotion of vaping products in gas stations, convenience stores

Cannabis Life Network

TORONTO — Ontario‘s health minister says the province will ban the promotion of vaping products in convenience stores and gas stations in a bid to prevent youth from being exposed to the addictive habit. Christine Elliott said Friday the ban will take effect on Jan. 1, 2020 and is in response to new research which shows vaping […]. The post Ontario to ban promotion of vaping products in gas stations, convenience stores appeared first on Cannabis News | Lifestyle Tips | Expert Opinion

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Update: (OR) OLCC: New Application Process Requirements and Deadlines 

Cannabis Law Report

OLCC: New Application Process Requirements and Deadlines . It is critical to understand and follow the information contained in the bulletin or it could result in the loss or inactivation of your recreational marijuana license application. Bulletin CE2019-09 covers the following issues: Producer License Application Inactivation. New License Application Process Requirements.

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CannTrust Provides Progress Update Regarding Remediation Plan

Cannabis Life Network

Special Committee investigation has concluded, Company continues to establish the foundation for a sustainable future VAUGHAN, ON, Oct. 24, 2019 /CNW/ – CannTrust Holdings Inc. (“CannTrust” or “the Company”, TSX: TRST, NYSE: CTST) provided a progress update regarding: · The submission of CannTrust‘s detailed remediation plan to Health Canada.

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Another ruling that US Tax Court rules cannabis deductions are not allowed

Cannabis Law Report

The U.S. Tax Court again ruled that Section 280E of the Internal Revenue Service tax code is constitutional and cannabis companies aren’t entitled to common business deductions. The Tax Court concluded that marijuana remains a Schedule 1 controlled substance, and thus, under current federal law, the IRS is correct in disallowing standard tax breaks for cannabis businesses.

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Bonify’s License Returned Following Eight-Month Suspension

WeedAdvisor

The first year of legalization saw its share of scandals. But while CannTrust stole the spotlight in the summer of 2019, Winnipeg-based licensed producer Bonify was arguably worse. As we covered in our article from early 2019 , Bonify’s most egregious offense was when it sourced and sold illegal cannabis into the open market. This was during a volatile time, where pressure to provide inventory was massive as a huge shortage bottlenecked the nascent cannabis industry.

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Forbes Article Believes Aurora Stock Could Drop Another 50%

Cannabis Law Report

Forbes write…… Aurora Cannabis Is Building “Ghost Greenhouses”. Aurora Cannabis is losing an outrageous amount of money, and the losses are growing by the day. In Q3 2019, the company lost $160 million… that’s 8X more than a year ago. The company is investing millions into new farms and greenhouses spanning millions of square meters… most of which are simply unused.

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Marijuana’s Effect On Sore, Aching Muscles

The Fresh Toast

The cannabinoids in marijuana not only assist in blocking nerve pain, but they limit the side effects of typical prescription drugs. . Continue reading Marijuana’s Effect On Sore, Aching Muscles at The Fresh Toast.

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UK: House Of Commons – Health and Social Care Committee Drugs Policy. First Report of Session 2019–20

Cannabis Law Report

“We heard compelling evidence from those involved in educating young people about drugs about the importance of education which is founded on open dialogue, honesty and trust.” Says the report. We’d suggest that Australian politicians not be so smug about other parliaments. The Commons may well be in the midst of Brexit chaos but it doesn’t stop them coming up with sensible documents.

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7 Incredible Benefits Of THC

The Fresh Toast

Though best known for its elevating properties, THC is medicinal at its core. Even in small doses, THC has been shown time and again to alleviate the symptoms of many common ailments. Continue reading 7 Incredible Benefits Of THC at The Fresh Toast.

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Portland (OR) city council approves cannabis tax grants

Cannabis Law Report

Portland’s city council approved more than $631,000 in grants on Wednesday for the city’s 2019 Cannabis Social Equity Grant Program. Reports the station. The grant money is aimed at helping groups of people who faced criminal charges related to cannabis before recreational marijuana was legalized. “Many studies have shown that adults across races use cannabis at similar rates,” Jeanette Ward Horton of the New Leaf Project told Portland’s city council Wednesday. R

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The Roll-Up #111: Comedian Matt Besser and Halloween candy

Leafly

We had to bill Matt Besser above the candy, it's in his contract. In exchange, he talked with us about his new special and the dynamics of stoner humor. The post The Roll-Up #111: Comedian Matt Besser and Halloween candy appeared first on Leafly.

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UK: Hanway Cannabis Consultancy Finalises Sale of Events & Media Assets To NOBL ( aka Prohibition partners)

Cannabis Law Report

Here’s the full press release. Hanway Associates Completes Sale of HAPP Holdings Limited. Hanway Associates completes sale of HAPP Holdings events portfolio including Cannabis Europa and European Cannabis Week. London-based Hanway Associates, the leading cannabis industry strategic consultancy, has successfully sold HAPP Holdings Limited to global player NOBL Group, handing over the reins to the group’s portfolio including the massively-successful conference series, Cannabis Europa.

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Weed in a Cartridge – How the Arcpod will aim to compete with Vape Pens

Cannabis Life Network

As has been noted as of late, vape pens can house many potentially harmful design features. Flaws, however, can be blamed less on cheap cartridges and more on unregulated, processed derivatives. TVAPE is hoping their upcoming dry-herb cartridge, the Arcpod, will help everyone make an easy transition back to the basics. They themselves have reset […].

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Podcast: Cannabis Clients Present Unique Risks For Lawyers

Cannabis Law Report

Go here to listen to the Podcast. [link]. Here’s Vincente Sederberg Law firm if you can’t access at Law360 [link].

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Today’s Answer of the Day

TheAnswerPage

Do the concentrations and the ratios of the various cannabinoids in recreational marijuana typically resemble those of medical marijuana? No. The marijuana used for recreational purposes may contain significantly higher concentrations of THC and lower concentrations of CBD, as compared to medicinal marijuana. See Answer. See Answer.