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Cannabis‘ edible sector is going to big, 2.7 billion dollars big. Beverages are projected to consume a significant portion of that economic influx, which one company has created a solution (cannabis dissolvable drink mix) to catch in their corporate cup. How Organigram’s new drink mix kicks in within minutes, not hours? Unfortunately, one problem has […].
The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp cultivation at the federal level.
The Trinidad & Tobago Guardian reports… “The global legal cannabis market continues to expand, and the Caribbean is just starting to gain serious momentum”. So said Douglas Gordon the founder of CanEx Jamaica Business Conference and Expo. And as the Caribbean sets itself to become the next big cannabis marketplace, T&T seems to be hoping to catch the last wave.
The report reveals there isn’t much money in the coffers at the moment. The Medical Cannabis Regulation Commission on Friday voted unanimously to petition Guam lawmakers to revise their spending plan to include funding for implementation of the long-stalled medicinal marijuana program. In its 2020 budget request, the Department of Public Health and Social Services asked for $750,000 from the Healthy Futures Fund to fund the program.
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.
10,560 registered customers could effectively buy at least once in January, that number decreased to 6,034 in June, just a fraction of the 35,000-plus registered customers. According to the regulatory agency’s report, “registered customers are facing difficulties to effectively buy.”. Read the full report. Report: Supply issues lead to declining sales in Uruguay’s recreational cannabis market.
Team of ex-firefighters given go-ahead to legally process crop for cannabidiol extraction. Jersey has become the first place in the British and Irish Isles to grant a licence for farmers to harvest hemp flowers for cannabis oil. A former Royal Marine commando and two former colleagues will be the pioneers who process hemp for cannabidiol (CBD) extraction.
Team of ex-firefighters given go-ahead to legally process crop for cannabidiol extraction. Jersey has become the first place in the British and Irish Isles to grant a licence for farmers to harvest hemp flowers for cannabis oil. A former Royal Marine commando and two former colleagues will be the pioneers who process hemp for cannabidiol (CBD) extraction.
Central State University announced Thursday it’s received $7.1 million in contributions toward current initiatives, including its new hemp research program. The sum includes a single record-setting private donation of $2 million from philanthropist Frank Murphy. More at: [link].
The Department of Primary Industry and Resources has announced… The Legislative Assembly has passed the Hemp Industry Bill, which will see the development of an NT hemp sector. The Bill, which was introduced in May and passed on 8 August, exists to create a required framework in order to regulate the development and operation of an industrial hemp industry in the Northern Territory, capitalising on emerging market opportunities.
Idaho News 2 reports on the very beginning in the state……Proponents of a new medical marijuana initiative in Idaho have been cleared to begin collecting signatures. Idaho Secretary of State Lawerence Denney announced Friday that proponents of a new initiative were cleared to begin collecting petition signatures. The measure has to collect 55,067 signatures from registered voters to qualify for the ballot.
If you follow Australian politics you’ll not be surprised by his outburst. Australian National party politican Barnaby Joyce fired up at a screening of a medical cannabis documentary this week, admitting that he pulled “a few cones” in his uni days, but refusing to back the drug for cancer patients. While medical cannabis was legalised in Australia in 2016, it remains difficult to access, and the filmmakers behind documentary High As Mike are pushing for greater reforms in the area.
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