In an about-face that has some scratching their heads, Former Indiana Congressman, Rep. Steve Buyer (R-IN), a longtime opponent of marijuana legalization (medical and recreational), has officially cashed in on the legal cannabis industry. In mid-October, FSD Pharma, a Canadian company, announced that Buyer joined its board of directors. FSD, through its subsidiary FV Pharma, […]
It’s official — California Governor Gavin Newsom signed a bill that makes medical marijuana donations tax-exempt to terminally ill individuals in the state. Thanks to the Brownie Mary and Dennis Peron Act, aka Senate Bill 34, which emerged during the beginning of California’s legal adult-use market, starting March 1, 2020, state analysts estimate that up […]
Sound the trumpets, because the USDA released its interim hemp rules on October 29. Stakeholders have 60 days to submit comments on the interim hemp rules, and there are several critical components to the rules. Let’s check out the highlights. Per the rules in the 2018 Farm Bill, states and Indian tribes are required to […]
It’s cannabis legalization, otherwise known as ‘Cannabis 2.0’. Exactly one year after the legal adult-use marijuana marketplace opened for business, Canada legalized the production and sale of edibles, extracts and topicals effective October 17. Canadian cannabis companies have been busy preparing for this moment. While Health Canada revealed the final regulations for these types of […]
The cannabis industry is like any other business requiring people to function — those employees require payment and it must be accurate, on time, and not to mention, it is legally required. Payroll can be a stressful time for any company, and it is especially acute for those operating cannabis businesses. Payroll is just one […]
Now here’s an example of highly diversified, albeit on a global scale: Canopy Growth, a Canadian cannabis, hemp and device company recently received a license from the United Kingdom that will allow Spectrum Therapeutics, the company’s pharmaceutical division, to import bulk medical marijuana products into the country.The monumental license is the first issued by the […]
Uruguay’s support for the cannabis industry means the country is at the front of a growing global cannabis marketplace. The country is pushing to develop highly qualified skill sets and is proactively nudging its way into the legal cannabis market. In a groundbreaking export, Fotmer Life Sciences recently sent the first small (22 lb) but […]
The deluge of bad press surrounding vape products has hurt cannabis vape sales, which in 2018 was the fastest-growing segment of the marijuana industry. Shares of vaping products in California, Colorado, Nevada and Washington in the recreational marijuana markets have dropped considerably after the first vape-related death was reported in August — the recent nationwide […]
Medicine Man Technologies went on a company spending spree, literally. The group has been very busy, and they spent a pretty penny lately — buying up eight dispensaries in two days, and ten different companies in three months. The acquisitions include deals to snap up eight more marijuana businesses, including Colorado-based canna brands such as […]
Consumers are at risk of buying and using poor quality products containing CBD while the FDA cautiously considers new regulations for CBD products — leaving a wide disparity between quality, regulated products and items of unknown quantity or quality. Product potency and purity are unknowns when it comes to CBD-infused products and CBD oils. And […]
