Trending Stories | MJ Shareholders

Legalization Bills Prefiled in Louisiana

Featured Louisiana Trending Stories February 14, 2023 0

Louisiana Rep. Candace Newell recently prefiled a package of bills that would legalize adult-use cannabis. According to the Louisiana Radio Network, Newell has introduced three bills: HB-17, HB-24, and HB-12. Each of the bills targets a specific area of regulation. “I’ve separated the three bills. It’s legalization, regulation, and... Read more

DEA States that Delta-9-THCO, Delta-8-THCO Are Not Hemp

Featured Hemp Trending Stories February 13, 2023 0

In an email response sent to Rod Kight of Kight Law Office PC on Feb. 13, the Drug Enforcement Administration (DEA) stated that because delta-9-THCO and delta-8-THCO are synthetic and are not found naturally in cannabis, they do not count as hemp, and are therefore controlled substances. Kight’s letter... Read more

California Cannabis Prisoner Luke Scarmazzo Released from Federal Prison

California Featured Trending Stories February 13, 2023 0

California cannabis prisoner Luke Scarmazzo was freed from prison on Feb. 3, with help from Mission Green, a campaign led by The Weldon Project. “Today, after serving nearly 15 years in prison for operating a cannabis dispensary, I was granted my freedom,” Scarmazzo wrote on his Facebook page. “The... Read more

Zimbabwe Increases Hemp THC Limit to 1%

CBD Featured Hemp Industrial Hemp Trending Stories February 13, 2023 0

Zimbabwe increased the THC limit for industrial hemp from 0.3% to 1%, making significant changes for the African country’s hemp industry. In 2018, Zimbabwe became the second nation in Africa to legalize medical cannabis and cannabis production for medical and scientific purposes. Zimbabwe Independent reports that the THC level... Read more

Connecticut AG Sues Five Retailers for Delta-8 Sales

Connecticut Featured Hemp Trending Stories February 13, 2023 0

Connecticut Attorney General William Tong announced on Thursday that his office is suing five retailers for alleged violations of the Connecticut Unfair Trade Practices Act related to selling cannabis products without a license from the state, alleging that the shops are illegally targeting the sale of infused edible products... Read more

Data Finds Hemp Hulls Contain Bioactive Compounds Supporting Gut Health

Featured Hemp Trending Stories February 13, 2023 0

Hemp has plenty of industrial applications, and while some consumers might tout the benefits of ingesting hemp for constipation, high cholesterol, eczema, arthritis, and other conditions, evidence supporting these uses is still limited. However, new preclinical data suggests that hemp hulls contain some essential helpers for your gut. Biosciences... Read more

Amsterdam Bans Cannabis Use on Streets of Red Light District

Featured Trending Stories February 13, 2023 0

For many tourists, Amsterdam’s red light district has long been a destination to escape the laws and restrictions of their normal lives, a place where anything goes. But the people who live there, it seems, are ready to chill out. Amsterdam’s city council said last Thursday that it will... Read more

A Look at 5 Stocks with Double-Digit Declines

Featured Trending Stories February 13, 2023 0

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, We... Read more

Forian Exits Cannabis Industry

Featured Trending Stories February 13, 2023 0

Forian Announces the Sale of BioTrack to Alleaves NEWTOWN, PA and DEERFIELD BEACH, FL, Feb. 13, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Forian Inc. (Nasdaq: FORA), a provider of technology, analytics and data science driven solutions, today announced the sale of Forian’s cannabis software subsidiary, Bio-Tech Medical Software,... Read more

Washington Lawmakers Propose Raising Taxes on Higher Potency Weed

Featured Trending Stories February 10, 2023 0

Cannabis consumers in Washington state may soon be subject to a “dank tax.” Lawmakers there have introduced a bill that would tax marijuana products based on the percentage of THC. In other words: the stronger the weed, the higher the price. “Research indicates that between 12 and 50% of... Read more