NORML
FEBRUARY 15, 2020
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! The legalization effort in New Mexico was killed as the Senate Judiciary Committee voted 6-4 to table the bill this week. New Approach Montana, the campaign committee behind a marijuana legalization ballot initiative in the state, submitted a revised proposal to the Secretary of State’s office, removing provisions that address medical marijuana law changes.
The NM Political Report | Medical Cannabis Program
FEBRUARY 15, 2020
A Senate bill that would specify that only New Mexico residents are eligible to enroll in the state’s Medical Cannabis Program is headed to the House. SB 139, sponsored by Sen. Jerry Ortiz y Pino, D-Albuquerque, passed the Senate floor Saturday night by a 32-8 vote. Ortiz y Pino told other Senate members that the bill is an attempt to “plug the hole” that was created in a bill he sponsored last year that was signed into law.
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Cannabis Life Network
FEBRUARY 15, 2020
HALIFAX — The Nova Scotia Liquor Corporation plans to sell cannabis at 14 more of its outlets within the next year — more than doubling the number of places to buy pot across the province. Finance and Treasury Board Minister Karen Casey announced Friday that renovations will begin as soon as possible, with some of […]. The post Nova Scotia Liquor Corporation to sell cannabis at 14 more outlets appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks.
Cannabis Law Report
FEBRUARY 15, 2020
MJ Biz reports. A former head of the United Nations body responsible for international drug treaty compliance has been hired as president of Thailand’s leading medical cannabis company, lending a significant voice to the global credibility of the industry, especially in Asia, according to experts. Viroj Sumyai will take the reins of Thai Cannabis Corp., effective immediately.
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.
Cannabis Life Network
FEBRUARY 15, 2020
SMITHS FALLS, Ont. — Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer’s new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020. David Klein, who formally became Canopy’s CEO in January, said the Ontario-based company has a “lot of […].
Medical Cannabis Brief brings together the best content for patients and advocates from the widest variety of industry thought leaders.
Cannabis Law Report
FEBRUARY 15, 2020
With Australia relaxing its cannabis laws, the Greek heir of Coca Cola bottling Aki David is planning to bring his Swissx brand of medicinal cannabis products to Australia and also plans to set up an island resort for lovers of the plant. The cannabis oil in Swissx products is said to contain 65per cent cannabidiol (CBD) which has strong medicinal properties in the fight against disease.
Cannabis Life Network
FEBRUARY 15, 2020
TORONTO — Canopy Rivers Inc. says it swung to a loss in its third quarter of 2020 and has withdrawn its full-year guidance over multiple headwinds in the cannabis industry. The venture capital arm of Canopy Growth says it had a net loss of $2.7 million, or one cent per share, for the three months ending Dec. 31, […]. The post Canopy Rivers swings to loss, withdraws guidance on industry headwinds appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks.
Cannabis Law Report
FEBRUARY 15, 2020
The 2010s were a big decade for cannabis. As we entered 2020, twelve states had legalized adult-use, recreational marijuana. Forbes recently reported that eighteen states could join that number, totalling 30 by the end of this year. This movement was, of course, spurred by Colorado voters’ watershed passage of Amendment 64 back in 2012. . As the wave of legalization spreads, so do the challenges faced by the marijuana industry, jurisdiction by jurisdiction – and there’s no simple highway betw
Cannabis Life Network
FEBRUARY 15, 2020
VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms. The Vaughan, Ont.-based cannabis company fired previous chief executive officer Peter Aceto last July following its internal investigation into the company’s […].
Cannabis Law Report
FEBRUARY 15, 2020
The Supreme Cannabis Company (TSX:FIRE) became the latest Canadian cannabis producer to announce layoffs Tuesday – an epidemic of cost cutting measures spreading across an industrial environment full of well-backed cultivators who have all struggled to turn a profit. By Supreme Cannabis’ own count, they laid off 33% of their corporate staff and 13% of their operational staff, amounting to 15% of the total staff.
The Joint Blog
FEBRUARY 15, 2020
According to a new study published in the journal Epilepsy & Behavior, abruptly stopping the use of CBD (cannabidiol) is not associated with physical withdrawal symptoms. The study is titled Abrupt withdrawal of cannabidiol (CBD): A randomized trial. For the study researchers examined the occurrence of withdrawal symptoms induced by the abrupt cessation of CBD, reports NORML.
Cannabis Law Report
FEBRUARY 15, 2020
Some California licensees are starting off 2020 in a regulatory predicament. In early January, California’s Bureau of Cannabis Control (“BCC”) welcomed the new year with a bang by suspending another 252 cannabis licenses. This most recent round of suspensions comes on the heels of the BCC’s, and other regulating agencies, first round of suspensions.
The Joint Blog
FEBRUARY 15, 2020
Activiation of the cannabinoid system – which is done naturally through the consumption of cannabis and cannabinoids – may alleviate pain in this with cancer-induced bone pain, according to a new study published in the Journal of Pharmacology and Experimental Therapeutics, and epublished by the National Institute of Health. “Metastatic breast cancer is prevalent worldwide, and one of the most common sites of metastasis are long bones”, states the study’s abstract. &
Cannabis Law Report
FEBRUARY 15, 2020
Massachusetts cannabis regulators have been given access to sealed documents related to cannabis companies linked to Fall River Mayor Jasiel Correia’s bribery case from last year. Reports MJ Biz. The Massachusetts Cannabis Control Commission has been granted permission to review documents related to cannabis companies tied to Fall River Mayor Jasiel Correia’s bribery case , NBC 10 News reports.
The Joint Blog
FEBRUARY 15, 2020
Medical marijuana may lead to health-related quality of life improvements, according to a new study, published in the journal Behavioral Medicine, which is titled Perceived efficacy of medical cannabis in the treatment of co-occurring health-related quality of life symptom. For the study researchers (DePaul University and Johns Hopkins University) studied 367 patients who were all enrolled in Illinois’ medical marijuana program.
Cannabis Law Report
FEBRUARY 15, 2020
Appoints Greg Guyatt as Chief Executive Officer, with Robert Marcovitch remaining as non-executive Chairman. VAUGHAN, ON, Feb. 13, 2020,/CNW/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST, NYSE: CTST) announced the appointment of Greg Guyatt as the Company’s Chief Executive Officer and provided an update on the status of both its remediation plan and its New York Stock Exchange (“NYSE”) listing.
The Joint Blog
FEBRUARY 15, 2020
Marijuana may have possible therapeutic applications in the neuropsychopharmacology field, according to a new study published in the journal European Neuropsychopharmacology, and titled Possible therapeutic applications of cannabis in the neuropsychopharmacology field. “Cannabis use induces a plethora of actions on the CNS via its active chemical ingredients, the so-called phytocannabinoids”, states researchers. “These compounds have been frequently associated with the intoxic
Cannabis Law Report
FEBRUARY 15, 2020
KITV Hawaii reports… State lawmakers are considering allowing medical marijuana dispensaries to sell edible cannabis. The bill was given initial approval by members of the Senate Commerce, Consumer Protection and Health Committee. It requires the Department of Health to draft rules and regulations for state dispensaries but the Department of Health expressed concerns about edibles getting into the hands of kids.
TheAnswerPage
FEBRUARY 15, 2020
Other than CYP3A4 and CYP2C19, what enzymes are involved with the metabolism of CBD? The metabolism of CBD involves oxidation as well as hydroxylation. In vitro studies with human liver microsomes indicate that CYP3A4 and CYP2C19 isoforms are involved with the hydroxylation of CBD. Glucuronosyltransferase and sulfotransferases enzymes are also involved in the metabolism of CBD.
Cannabis Law Report
FEBRUARY 15, 2020
Brand Farms was expected to be the model for legal cannabis growing in Santa Barbara County until it was raided. A new article by Joe Mozingo of the Los Angeles Times delves deeper into Barry Brand’s marijuana operation and how it ties into botched legislation and approvals by County Supervisors. Barry Brand, 57, runs Brand Farms LLC in the 5300 block of Foothill Road in Carpinteria.
The Joint Blog
FEBRUARY 15, 2020
Los Angeles County prosecutors are joining other district attorneys to use technology to wipe out or reduce as many as 66,000 old marijuana convictions, according to a new report by the Associated Press. The county is working with the Code for America nonprofit tech organization, which uses computer algorithms to find eligible cases that are otherwise hard to identify in decades-old court documents.
Cannabis Law Report
FEBRUARY 15, 2020
Some of the key insights from The European Cannabis Report: 5th Edition include: Luxembourg’s impending legalisation of recreational cannabis is likely to cause a ‘Domino Effect’ of cannabis policy reform in Western Europe; In 2020 and beyond, Europe can expect to see progress towards a single-market distribution programme for cannabis-based medicinal products; European countries are seeking to establish a legal infrastructure and domestic supply in 2020, having been reliant on internati
The Joint Blog
FEBRUARY 15, 2020
Kentucky House Speaker David Osborne has said that legislation to legalize medical marijuana may be voted on in the House as soon as next week. The measure cleared the House Judiciary Committee on a 17-1 vote Wednesday, reports the Associated Press. One of its lead sponsors, Republican Rep. Jason Nemes, has predicted it would pass the House by a wide margin.
Cannabis Law Report
FEBRUARY 15, 2020
The Bureau of Cannabis Control (Bureau) is pleased to announce that the Office of Administrative Law (OAL) has approved the emergency rulemaking action for the Quick Response Code (QR Code) certificate requirements. This rulemaking amends sections 5039, 5311, and 5415 of the Bureau’s regulations to require licensed commercial cannabis storefront retailers to prominently display the QR Code certificate on their premises and require licensed commercial cannabis distributor and delivery employees t
Cannabis Law Report
FEBRUARY 15, 2020
State Alert: Iowa. At first glance, HSB 646 appears innocuous. It makes non-substantive changes to some of Iowa’s hemp-related definitions and even provides a new definition for “consumable hemp products” that includes inhalable, ingestible, and topical products. However, the bill also requires that hemp products be produced in compliance with USDA’s Interim Final Rule (“IFR”) and sold in compliance with the Federal Food, Drug and Cosmetic Act (“FDC&A”).
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