On Friday, Iowa’s Medical Cannabidiol Board voted to add chronic pain to the list of qualifying conditions for medical marijuana, substituting it for the previously approved condition of “untreatable pain.” The edit is expected to expand access to the program, but many who are involved with the cannabis industry... Read more
The town of Killington, Vermont is mulling a proposed ordinance that would ban medical cannabis dispensaries from locating there. The proposal would also set penalties for the use of marijuana in a public place within city limits. “The purpose of this dispensary ordinance, there’s been some discussion about the... Read more
It’s an all-too-familiar pattern in American public life: when a mass shooting occurs, Republicans and conservatives strain to avoid talking about guns, instead offering up explanations and prescriptions that conveniently sidestep the millions of firearms in circulation. Following this weekend’s twin massacres in El Paso, Texas and Dayton, Ohio,... Read more
The market for hemp-infused topicals has never been hotter, with big-box retailers ranging from CVS to Sephora adding CBD creams and balms – despite pushback from U.S. health authorities. Even as the national market for topicals booms, though, opportunities abound for boutique CBD manufacturers in the U.S. spa industry, where... Read more
After a 57.4% gain in Q1 followed by a 28.0% pullback in Q2, Cannabis stocks, as measured by the Global Cannabis Stock Index, moved sharply lower in July, declining 13.8%: The index, which had 52 qualifying members during the month following the quarterly rebalancing at the end of June, declined... Read more
This is a copy of the August 4th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, After months of disappointing developments in the roll-out of cannabis legalization in Canada, Aphria delivered strong revenue in its final quarter of its fiscal 2019, breaking a... Read more
Nebraska’s attorney general said in an opinion on Thursday that state efforts to legalize medical marijuana would be preempted by federal law and “would be, therefore, unconstitutional.” While the opinion concerns specific legislation introduced at the beginning of the year that sought to establish a medical cannabis program—and legal... Read more
Nebraska’s attorney general said in an opinion on Thursday that state efforts to legalize medical marijuana would be preempted by federal law and “would be, therefore, unconstitutional.” While the opinion concerns specific legislation introduced at the beginning of the year that sought to establish a medical cannabis program—and legal... Read more
Nebraska’s attorney general said in an opinion on Thursday that state efforts to legalize medical marijuana would be preempted by federal law and “would be, therefore, unconstitutional.” While the opinion concerns specific legislation introduced at the beginning of the year that sought to establish a medical cannabis program—and legal... Read more
Wayland Enters Non-Binding LOI to Sell Canadian Business to Cryptologic Corp. Obtains Commitment for Cdn$5 million Bridge Loan From Cryptologic Negotiating Second Phase of Transfer of International Business to ICC International Cannabis Corp. Intends to Distribute Cryptologic and ICC Shares to Wayland Shareholders on Closing; Aggregate Ownership Interest of... Read more
