January, 2023

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What the Extreme Drop in Wholesale Prices Means for the Cannabis Industry

MJ Business Attorneys

The severe drop in wholesale cannabis prices in many states over the past year can be traced to a few key factors: Regulatory missteps, high taxes for consumers, and competition from still-thriving illicit markets are contributing to the industry’s current woes. Additionally, in states that were early legalization adopters like Colorado, Michigan, and Oregon, production capacity has caught up to the needs of the mature market and supply continues to outpace demand.

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Study: Cannabis Use Reduces Daily Use of Prescription Opioids in Chronic Pain Patients

NORML

“These findings contribute robust evidence for clinicians regarding the potential benefits of medical cannabis in reducing the opioid burden for patients receiving long-term opioid therapy and possibly reduc[ing] their risk for overdose.” The post Study: Cannabis Use Reduces Daily Use of Prescription Opioids in Chronic Pain Patients appeared first on NORML.

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Statins Dysregulate the Endocannabinoid System

Project CBD

Statin drugs cause muscle weakness and pain by suppressing cannabinoid receptor genes.

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The Benefits of Cannabis in the Treatment of Myasthenia Gravis

United Patients Group

The Benefits of Cannabis in the Treatment of Myasthenia Gravis Introduction Myasthenia gravis ( MG ) is a rare autoimmune disease that affects the nerves and muscles. The symptoms of MG vary greatly, but they often include double vision, difficulty swallowing, and muscle weakness. Doctors usually treat MG with thymectomies, immunomodulating drugs, acetylcholinesterase inhibitors and IV immunoglobulin treatments.

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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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Will the FDA Regulate CBD?

Cannabis Life Network

Will the FDA regulate CBD? It’s a question on many minds as the FDA commissioner is to appear before the U.S. House Oversight Committee. Chairman of the Committee, James Comer, wants details on CBD. He said: “It’s not just their lack of action with respect to CBD and other types of hemp. It’s their inaction regarding a lot of areas of their jurisdiction … We’ve got an agency here that has a big budget, they have a lot of employees, […].

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Addressing Shareholder Disputes in the Cannabis Industry

MJ Business Attorneys

As the legal cannabis industry suffers through a period of distress brought on by global economic woes, along with punitive taxation structures and an oversaturation of products, and plummeting prices, there has naturally been an uptick in internal cannabis business disputes. Incidents of owners suing other owners, shareholders making claims of poor business operations, and disputes between investors are on the rise.

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District of Columbia: Bills Transmitted to Congress Providing for Marijuana Expungements, Expanded Medical Access

NORML

City lawmakers have provided final approval to a pair of bills that seek to significantly reform marijuana laws in the District of Columbia. But both bills still must undergo a 30-day Congressional review prior to becoming law. The post District of Columbia: Bills Transmitted to Congress Providing for Marijuana Expungements, Expanded Medical Access appeared first on NORML.

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Project CBD Responds to the FDA's 2023 Statement on CBD

Project CBD

The FDA announcement is riddled with disingenuous doublespeak.

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Can I substitute coconut oil for vegetable oil in weed gummies?

The Cannigma

Getting the right answers in your cannabis journey can be tricky. But with The Cannigma’s Ask the Expert, you can find questions from readers like you, answered by a real cannabis pharmacist. Question: When making gummies can I substitute infused vegetable oil for coconut oil? Answer: Regarding your question about the use of oils other than coconut to make cannabis infusions, the simple answer is – sure!

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Marijuana, Dementia & the Aging Brain

CannaMD

It’s not surprising that legalizing marijuana leads to increased use. The Centers for Disease Control and Prevention (CDC) estimates that 18% of Americans now consumes some type of cannabis product. What might surprise you is that the greatest increase in marijuana use is among older adults.

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ASA Demanded a Pregnant Medical Cannabis Patient Should Not be on a Child-Abuse Registry…and the AZ Supreme Court Agreed!

Americans for Safe Access

On January 5, 2023, the Arizona Supreme Court declined to accept an appeal from the Arizona Department of Child Safety, letting stand a lower court decision that Lindsay Ridgell’s medicinal use of cannabis while pregnant did not constitute child neglect and ordered her name be removed from the state’s child abuse registry.

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Navigating the Legal Landscape in a Distressed Cannabis Industry

MJ Business Attorneys

It’s an especially challenging time for cannabis businesses. Although legal cannabis markets exist at some level in the majority of states in the country today, they fight to survive amidst a web of restrictive and confusing regulations that make it difficult for businesses to operate in the black. Cannabis entrepreneurs and investors need to understand the unique legal aspects and learn how to navigate the wobbly industry in order to avoid ruinous financial outcomes.

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Poll: Virginia Voters Support Legalizing Adult-use Cannabis Retail Sales

NORML

If public safety is an actual priority for either chamber, then they will approve legislation to begin sales at licensed dispensaries as soon as possible.”. The post Poll: Virginia Voters Support Legalizing Adult-use Cannabis Retail Sales appeared first on NORML.

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Cannabis and Immunotherapy for Cancer: Are They Compatible?

Project CBD

Cannabis and immunotherapy for cancer: a finding that could have major clinical significance.

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Noble Growth Corp Completes First Export of 3000 Tissue Culture Explants to Portugal

Medical Marijuana Program Connection

DRAYTON VALLEY, Alberta–(BUSINESS WIRE)–Noble, an industry leader in craft-cannabis, is excited to announce the safe arrival of the first 3000.

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GOP congressman introduces Bill To Move Cannabis From Schedule 1 to 3 Under Federal Law

Cannabis Law Report

A GOP congressman has refiled a bill to move marijuana from Schedule I to the less restrictive Schedule III under federal law. Rep. Greg Steube (R-FL) introduced the proposal on Friday. This is the third session in a row that he’s pushed for the modest reform, titled the “Marijuana 1-to-3 Act.

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The Herb Collective: A Reliable & Safe Weed Shop

The Herb Collective

Are you looking for a reliable and safe weed shop? If so, then The Herb Collective is the perfect choice for you! Here at The Herb Collective, we offer an extensive selection of high-quality cannabis products that are all sourced from trusted vendors. Our team works hard to provide our customers with only the best, and we guarantee that you won’t be disappointed with your purchase.

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Cannabis and Dementia: Are There Benefits?

United Patients Group

Cannabis and Dementia: Are There Benefits Introduction Dementia is a debilitating disease that affects millions of people across the world. It’s estimated that more than 70 million people have dementia right now, with at least 10 million new cases being diagnosed each year. A common cause of dementia is Alzheimer’s disease, which causes a decline in memory functions and other cognitive abilities.

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Rhode Island: Courts Begin the Process of Erasing Marijuana Records

NORML

“Our sense of justice and our principles of fairness demand that public officials and the courts move swiftly to right the past wrongs of cannabis prohibition and criminalization.” The post Rhode Island: Courts Begin the Process of Erasing Marijuana Records appeared first on NORML.

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Psychedelics, Endocannabinoids & Gut Microbiota

Project CBD

A deep science foray into LSD ’s impact on the endocannabinoid system and the microbiome.

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ND House votes down medical marijuana expansion

Medical Marijuana Program Connection

BISMARCK, N.D. (KFYR) – If you have a medical marijuana card, your prescription soon won’t cover edible products in North.

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D.C. Mayor Signs Major Medical Marijuana Expansion Bill, Eliminating Licensing Caps, Providing Tax Relief And More

Cannabis Law Report

Marijuana Moment The mayor of Washington, D.C. has signed a bill to make fundamental changes to the medical marijuana program in the nation’s capital.

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British Columbia Decriminalizes Drugs 

Cannabis Life Network

Today is the day British Columbia decriminalizes drugs. Although Canada’s province of British Columbia hasn’t decriminalized all drugs, psilocybin mushrooms and Lysergamides like LSD remain illegal. But adults can possess up to 2.5 grams of: Methamphetamine MDMA Cocaine (including crack cocaine) Opioids (including heroin, fentanyl and morphine) Decriminalizing these drugs is part of a three-year pilot program by the federal government.

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Reminder: Free Webinar Tomorrow! New York Cannabis Q&A

Canna Law Blog

On Wednesday, February 1, 2023 at 2pm EST , Simon Malinowski will host a free, hour-long webinar to answer any questions about New York’s adult-use cannabis rules and regulations. Simon is our lead New York cannabis attorney, based in Manhattan. He will cover a variety of topics including the application process, anticipated timelines and license types.

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Tens of Thousands of Commercial Truckers Leaving the Workforce Over Outdated Marijuana Testing Requirements

NORML

“The Transportation Department’s reliance on this outdated technology and upon these discriminatory policies is out of step with reality and is directly contributing to the trucking shortage crisis.” The post Tens of Thousands of Commercial Truckers Leaving the Workforce Over Outdated Marijuana Testing Requirements appeared first on NORML.

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7 high-energy cannabis strains to help you get active and fight fatigue

Leafly

The 7 most energizing weed strains with reviews from real Leafly users. The post 7 high-energy cannabis strains to help you get active and fight fatigue appeared first on Leafly.

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Cannabis Research Explores What’s Better: The Illicit Market or Legal Market

Veriheal

Despite the fact that the legal cannabis industry is growing, many people are still purchasing from the illicit market. A recent study investigated this matter and found that buying cannabis from the illicit market may be “better” than legal weed. The obvious reasons for choosing the illicit market over the legal market include the likes of easier accessibility and lower cost.

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Baylor Launches Psychedelics Research Bioethics Program

Cannabis Law Report

Research into the medical use of psychedelics to treat mental health is on the rise, but the impact of this research remains unclear.

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German Legalization Delayed

Cannabis Life Network

The German government is delaying cannabis legalization as they have yet to submit proposals to the European Commission. Accordingly, Germans may not see legal cannabis until 2025. In an e-mail to Euronews, the German health ministry confirmed that a draft law for cannabis legalization is “currently being drafted.” “A large number of legal and operational questions concerning implementation need to be answered and coordinated between the ministries in charge” before the g

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Hong Kong Cannabis: Bad News for CBD

Canna Law Blog

Hong Kong and the negative developments taking place there have been the subject of many posts in our sister China Law Blog. But now it is our turn to report on the Fragrant Harbor. Unfortunately the news is also bad on the cannabis front, just like on the political and economic ones. From February 1 onward, CBD (cannabidiol) will be regarded as a “dangerous drug” in Hong Kong, subject the provisions of the Dangerous Drugs Ordinance (DDO).

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