Mon.Jun 24, 2019

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New Report Forecasts $40B Global Cannabis Market by 2024

Cannabis Law Report

Arcview Market Research and BDS Analytics have published the seventh edition of their “State of Legal Cannabis Markets” report. In regulated markets, U.S. cannabis sales surged by 20 percent in 2018 and are on track to jump by another 36 percent this year, the report said. $40B in sales by 2024. The growth of the global cannabis market comes on the back of liberalization in existing markets and new countries introducing laws legalizing medical use.

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Study Says CBD Could be an Effective Antibiotic

WeedAdvisor

A few years ago, CBD was just an obscure health product with almost no research beyond anecdotal reports. Now, this cannabinoid found in both hemp and marijuana (to different degrees) is a household name. But with popularity comes embellishment. There is no doubt that CBD provides benefits, especially against epilepsy. Preliminary studies (mostly on animals) confirm some of the anecdotes by everyday users with conditions like inflammation, pain and anxiety.

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Is Neem Oil Causing Cannabinoid Hyperemesis Syndrome?

Leafly

Is cannabis overuse—or pesticides—behind cannabinoid hyperemesis syndrome? Leafly investigates the potential causes of this cyclical vomiting phenomenon. The post Is Neem Oil Causing Cannabinoid Hyperemesis Syndrome? appeared first on Leafly.

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Washington State’s Kushmart Closed By State Liquor & Cannabis Board For Selling To Minors

Cannabis Law Report

KUSHMART at 6309 Evergreen Way has been temporarily closed by the Washington State Liquor and Cannabis Board. The store’s license has been suspended from June 12th through June 27th. According to the notice posted on the door of KUSHMART, the violations involved sales or service to a minor and and allowing a minor to frequent a restricted area. KUSHMART is one of five licensed retail marijuana shops within the Everett city limits.

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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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Natural Ingredients: How BC’s Tantalus Labs Produces Premium Cannabis

Leafly

A look inside the first greenhouse designed to cultivate cannabis. The post Natural Ingredients: How BC’s Tantalus Labs Produces Premium Cannabis appeared first on Leafly.

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How Floraplex Crafts Rare Terpenes Like Hashishene in the Lab

Leafly

Even as they develop new products, the science team at Floraplex Terpenes makes time to conduct the sort of basic research that is necessary to move their industry forward. The post How Floraplex Crafts Rare Terpenes Like Hashishene in the Lab appeared first on Leafly.

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Foreign Direct Investment (FDI) from China in U.S. Cannabis Businesses

Canna Law Blog

If you think your Chinese investor will be able to get your cannabis venture the promised investment funds any time soon, you are in for a long slog. Most companies do not care who provides their investment capital (as long as the investors are content being passive investors), and Chinese households have typically been lauded as excellent savers , much more so than we in the U.S., leaving money available to invest at home and abroad.

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Shoppers Drug Mart Announces Pilot Cannabis Blockchain Program

Leafly

Could this be the start of a legitimate blockchain and cannabis relationship in Canada? The post Shoppers Drug Mart Announces Pilot Cannabis Blockchain Program appeared first on Leafly.

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OR: OLCC Suspends Bend Company Grower Permit + Fine of $US15,000

Cannabis Law Report

The Bend Bulletin reports. A Bend-based cannabis firm faces a $15,000 fine and is barred from harvesting for 34 days while its growers permit is suspended, the Oregon Liquor Control Commission announced Thursday. The OLCC cited Oregrown for seven violations of state regulations. Oregrown’s license violations stem from a former employee and stockholder who took marijuana seeds and plants from its growing facility to an unlicensed location in January 2018.

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Cannabis Retail Guide: Choom Cannabis, Niagara Falls

Leafly

See inside this green oasis in Niagara Falls. The post Cannabis Retail Guide: Choom Cannabis, Niagara Falls appeared first on Leafly.

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CO: New Vaping Rules Announcement From the Colorado Govt Office Of Communications

Cannabis Law Report

Interesting to watch how this will play out for social use cannabis. Oregon, another state that is forward thinking on cannabis but also has its strict “Clean Air” act and hasn’t like CO worked out how to deal with both issues so people have the right to both clean air and to smoke cannabis. It looks as though in both states the only way to go will be to treat cannabis like tobacco.

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Marijuana Stocks

Cannabis Life Network

Last Updated: The post Marijuana Stocks appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks.

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Locke Lord Article: Cannabis Securities Offering Spark Enforcement Action In Massachusetts

Cannabis Law Report

Authoredby Allison O’Neil , Brian Devine , Douglas Sweeney | Jun 21, 2019 |. As the cannabis industry continues to expand in Massachusetts following the state’s legalization of recreational marijuana, Massachusetts Secretary of State William Galvin warned that cannabis companies will face increased scrutiny from the state’s securities regulators.

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California Campaigns to Support the Legal Marijuana Market

WeedAdvisor

California’s recreational marijuana system is in trouble. While legal cannabis is safer and better than unregulated street product, the state’s issues with accessibility and pricing are a turn-off for many consumers. Sadly, this has led to a plethora of unlicensed dispensaries and allowed dealers to operate with impunity in many populated areas. WeedAdvisor has always firmly supported the legal cannabis industry, not just because of our role in providing business solutions, but also out of princ

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Fire & Flower: Additional Licence to Open Cannabis Retail Store in Calgary

Cannabis Life Network

EDMONTON /CNW/ – Fire & Flower Holdings Corp. and its wholly-owned subsidiary Fire & Flower Inc. (collectively, “Fire & Flower” or the “Company”) (TSXV: FAF), announced on June 20th that it has received an additional licence from the Alberta Gaming, Liquor and Cannabis Commission (the “AGLC”) to open its second licensed cannabis retail store in […].

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High Times Looks At OTC Listing. Raise Not Big Enough For NASDAQ

Cannabis Law Report

In an SEC filing dated May 31, 2019, High Times said it raised $15,207,458 through the sale of Reg A+ shares to roughly 23,197 stockholders. Watch their raise video at [link]. Read more at. Marijuana firm High Times explores OTC, not Nasdaq, as it falls short of capital target.

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US House OKs provision protecting state-legal cannabis industries

SMPL

U.S. congressional amendments to protect state-legal marijuana businesses are gaining unprecedented traction. For the first time, an amendment to protect medical marijuana businesses from Justice Department interference recently was included in a spending bill. And the full House on Thursday passed by a 267-165 vote a broader amendment to protect all state-legal MJ businesses, including adult-use companies.

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Siskiyou County Raids Seize 20K Plants In Last Six Weeks

Cannabis Law Report

The team has seized a total of 19,088 illegal plants, in part because the county has a ban on all outdoor cannabis grows. Only small indoor medical grows with a maximum of 12 plants are allowed. The Siskiyou County Sheriff’s Office helped execute the warrants, along with troops from the California National Guard’s Counterdrug Task Force. Full Story.

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Medical Marijuana Cardholders Can Still Be Busted For Stoned Driving

The Fresh Toast

Medical Marijuana Cardholders Can Still Be Busted For Stoned Driving In many cases, even if a patient isn't actually high while they are behind the wheel, law enforcement can still find ways to drag them to jail and file charges for this offense. The post Medical Marijuana Cardholders Can Still Be Busted For Stoned Driving appeared first on The Fresh Toast.

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Massachusetts – Cannabis Control Commission Update: Initial Access Certification for Medical-Use Cannabis Will Be Available to Qualifying Patients and Caregivers

Cannabis Law Report

Initial Access Certification for Medical-Use Cannabis Will Be Available to Qualifying Patients and Caregivers. Effective Monday, July 1 , patients and caregivers can purchase medical-use cannabis before receiving an annual registration card through the Cannabis Control Commission’s (Commission) new Initial Access Certification (Initial Access) process.

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Canopy Growth Stocks

Cannabis Life Network

The post Canopy Growth Stocks appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks.

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Florida: Fried, Agriculture Commissioner of Florida, Says In Press Conference State’s Farmers Could Be Planting Hemp By Fall

Cannabis Law Report

Fried told a news conference that her office expects some changes following public feedback, but was optimistic planting wasn’t too far off. She believed a finalized set of rules would be ready for review in mid-July, then submitted to federal agriculture officials for approval. If there aren’t major rule challenges— Fried said planting could begin in the fall.

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Aurora Stock

Cannabis Life Network

The post Aurora Stock appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks.

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Washington State Cannabis & Liquor Board Publish 2019 Summer Edition Of Regulated Cannabis Info

Cannabis Law Report

Here’s what’s in the newsletter. Topics and Trends Newsletter: Summer Cannabis Edition. The summer edition of Topics and Trends ,* published by the Washington State Liquor and Cannabis Board, is available for viewing. Inside this edition: Can Marijuana Be Returned to the Retail Store? WSLCB Welcomes New Cannabis Manager. Intellectual Property Contract Reviews.

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Namaste Stock

Cannabis Life Network

The post Namaste Stock appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks.

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Irina Dashevsky – Locke Lord: ONE SMALL STEP FOR THE FEDERAL GOVERNMENT, ONE GIANT LEAP FOR THE CANNABIS INDUSTRY?

Cannabis Law Report

Irina Dashevsky is an Associate in Locke Lord’s Chicago office where she concentrates her practice on advising clients in the rapidly evolving cannabis industry. Irina is also a seasoned commercial litigator with extensive experience managing and resolving disputes for clients throughout all stages of litigation in federal and state court. Irina previously served as the Deputy Finance Director for The Competence Group, a political consulting firm specializing in campaign finance strategy for ele

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We Gave Maple the Cat CBD for Seizures. Here’s What Happened

Leafly

Our 18-year-old tabby suffered two seizures a day. Our vet recommended CBD. I was skeptical. Then we tried it. The post We Gave Maple the Cat CBD for Seizures. Here’s What Happened appeared first on Leafly.

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How Illinois Became the Only State to Legalize Weed Sales Without a Referendum

Cannabis Law Report

dispensaries.com. GUEST WRITER. June 18, 2019 . Opinions expressed by Entrepreneur contributors are their own. Illinois lawmakers, solving issues that tripped up lawmakers in other states, have made recreational marijuana legal, becoming the first state where the state legislature made cannabis sales legal without a vote from the people. Illinois is the 11th state to legalize marijuana and the second midwestern state to do so, following legalization approved by Michigan voters in 2018.

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Best Cannabis Strains of Summer 2019

Leafly

Sundae Driver, Banana Punch, GMO Cookies, and White Nectarine bring the heat to summer this year. The post Best Cannabis Strains of Summer 2019 appeared first on Leafly.

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India’s Ministry of Home Affairs Publishes League Table Of Drug Arrests & Cases In The Country By Region

Cannabis Law Report

Not specifically cannabis but we thought worth highlighting as India’s narcotics legislation is actually far more draconian than one might first imagine. The New Indian Express reports. Ministry of Home Affairs shows Kerala with 7,477 arrests from 6,616 cases in 2018 was in the second place after Punjab which topped the list with 9,031 arrests from 7,869 cases.

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