Thu.Apr 23, 2020

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State of the States: 2020 Ballot Initiative Efforts

NORML

As we all learn to cope with our new socially distant realities amidst a global pandemic, its difficult to think of any aspect of society that hasn’t been affected by COVID-19. Unfortunately for marijuana reform, what began with at least a dozen states optimistically working to qualify state level ballot initiatives in advance of the November 2020 election, has slowly dwindled to a number that can be counted on one hand.

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Congress considers allowing COVID-19 relief for cannabis companies

Leafly

Rep. Earl Blumenauer's bill would end the Small Business Administration's ban on direct and ancillary businesses. The post Congress considers allowing COVID-19 relief for cannabis companies appeared first on Leafly.

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New Legislation Would Permit Marijuana Businesses to Access COVID-19 Relief

NORML

Representatives Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) have introduced legislation to allow state-legal marijuana businesses to apply for COVID-19 benefits through the Small Business Administration. Currently, the SBA is prohibited from engaging with cannabis businesses due to federal marijuana criminalization. In the majority of jurisdictions that regulate cannabis marketplaces, state policymakers have designated these operations to be ‘essential’ to the health and well-bei

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The Week in Weed: April 24, 2020

The Blunt Truth

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Yet again,COVID-19 dominated the news, in the marijuana industry and in every other aspect of life. The lack of funding for marijuana businesses in the stimulus packages, the halt to state legalization efforts, the issues surrounding Massachusetts (yes, those continue), even Mexico’s decision to legalize cannabis – all are caused or colored by the coronavirus.

Banking 101
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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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Colorado: Aurora City Council approves 1% sales tax hike for recreational marijuana

Cannabis Law Report

AURORA | The Aurora City Council on Monday increased the special sales tax for recreational marijuana products by 1%. The estimated annual $1 million in … Read More.

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NCIA Press Release: House Bill Introduced to Make Cannabis Businesses Eligible for COVID-19 Relief Funds

Cannabis Law Report

Widespread recognition of necessity for regulated cannabis providers spurs calls for equal access to federal assistance WASHINGTON, D.C. – Legislation to give legal marijuana businesses, … Read More.

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How Long Does Cannabis Stay in the Human Body?

Leafwell

Although it is possible to detect various kinds of cannabinoids, it is THC and its metabolites that are most often tested for. THC metabolizes into 11-OH-THC (11-hydroxy-delta-9-tetrahydrocannabinol) and THCCOOH (11-nor-9-carboxy-delta-9-tetrahydrocannabinol) metabolites in the liver. Cannabinoid metabolites are filtered through the kidneys and excreted mostly via urine.

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BILL INTRODUCED TO ALLOW STATE-LEGAL MARIJUANA BUSINESSES ACCESS TO FEDERAL COVID-19 RELIEF

Cannabis Law Report

Two longtime legal cannabis proponents—Reps. Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO)—introduced a bill in the House today that would allow marijuana businesses access to … Read More.

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Today’s Answer of the Day

TheAnswerPage

Describe the chemical makeup of endocannabinoids. Endocannabinoids are ester, ether, and amide derivatives of long chain polyunsaturated fatty acids. Arachidonic acid is an example of a polyunsaturated fatty acid in endocannabinoids. See Answer. See Answer.

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The Flame From Your Stage Has Now Spread to the Floor – Do We Still Need A Bifurcated Dispensary System?

Cannabis Law Report

This week, Governor Jared Polis issued an executive order proclaiming April 7th as Charlotte Figi Day in Colorado. Since Charlotte’s passing, I’ve been reflecting on … Read More.

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How to Make Edibles With Kief

The Joint Blog

When one thinks of marijuana edibles, they think of food and drink products – like cookies, brownies, coffee and tea – that are infused with marijuana. However, some edibles are made with kief, making the products more potent (or equally potent with much less product required). What is Kief? Kief, which is occasionally transliterated as keef, is the resinous trichomes of marijuana.

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International and China Cannabis Look to U.S. Market for Growth

Cannabis Law Report

Although COVID-19 is causing much of the world to slow down, business deals in many industries continue, including from China. Companies continue to seek strategic … Read More.

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The stoner’s guide to the Wim Hof Method

Leafly

Popularized by a recent Netflix documentary, the Wim Hof Method involves breathing exercises and exposure to extreme cold. So how does it relate to weed and your body's endocannabinoid system? The post The stoner’s guide to the Wim Hof Method appeared first on Leafly.

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British Medical Journal: Cannabis-based medicinal products: summary of NICE guidance

Cannabis Law Report

What you need to know The rescheduling of cannabis-based medicinal products (CBMPs) allows their prescription when there is an unmet clinical need Initial prescription of … Read More.

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Marijuana-Based Parkinson’s Medication Moves Forward

CannaMD

Parkinson’s disease is a type of neurodegeneration characterized by tremors, issues with balance, and other movement-related problems. Patients with Parkinson’s disease also frequently suffer from mood issues such as apathy and depression. Although the cause of Parkinson’s is unknown, the disease is clearly marked by reduced dopamine production in an area of the brain called the substantia nigra.

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Article: Medical Cannabis Users Association of Australia on patients’ rights

Cannabis Law Report

Founder, Gail Hester, explains the aims of the Medical Cannabis Users Association of Australia. The Medical Cannabis Users Association of Australia Inc (MCUA) is a … Read More.

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Media Reports Says Scotland To Get First Legal Cannabis Farm + Oil Processing Plant

Cannabis Law Report

The Daily Record (Scotland) reports… Scotland is set to get it’s first legal cannabisfarm, it can be revealed today. A large greenhouse will be built … Read More.

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What’s Going On Here? CBD brand Elixinol names second new CEO in a month

Cannabis Law Report

Hemp Industry Daily has the story and makes us think that we’re not quite sure we are as confident as they are in the following … Read More.

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Vice Report: Mexican Farmers Are Growing Cartel-Free ‘Ethical’ Weed

Cannabis Law Report

Interesting report from Vice who write… We spoke to farmers in Sinaloa growing “blood-free” cannabis with no ties to the local drug cartels. Cannabis production in … Read More.

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Wendel Rosen: COVID-19 Risk Factors Belong in Your Private Placement Memorandum

Cannabis Law Report

The COVID-19 pandemic will have lasting unknown effects on businesses and has already caused delays and cancellations with respect to fundraising efforts and investment transactions … Read More.

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Cannabis & Hemp Industry Eligibility for COVID-19 Federal Stimulus Programs

Cannabis Law Report

As noted in our prior publication , on April 16, 2020, the Small Business Administration (“SBA”) announced that it would no longer be accepting new … Read More.

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Press Release: CFN Enterprises (OTCQB: CNFN) Names BlockChain Pioneer Tim Vasko to Board of Advisors CFN Enterprises

Cannabis Law Report

“We are pleased to welcome Tim Vasko, the Founder and CEO of BlockCerts Blockchain, to the Board of Advisors of CFN Enterprises. Tim is … Read More.

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