State Legal Cannabis in 2018: Status Report
Great progress so far in 2018. The path to marijuana public reforms is inevitable. According to recent surveys, 64 percent of Americans favor the legalization of marijuana and roughly 90 percent support its legal use for medical purposes. This growing popularity of cannabis has been reflected in recent legislative... Read more
Martinez sets plan in motion to allow marijuana businesses
MARTINEZ —- A plan to manage commercial, retail and other marijuana-related business ventures should be prepared as early as mid-November, the Martinez City Council decided Wednesday night. In addition to commercial marijuana businesses, the council indicated it would put out the welcome mat for a couple of retail operators,... Read more
California Cannabis Development Agreements: Part One
California municipalities are missing the mark on development agreements. Development agreements have become a popular tool for California municipalities regulating commercial cannabis activities. We’ve talked a bit about development agreements in the cannabis context here. In a nutshell, a development agreement is a contract between a municipality and developer that... Read more
Transporting CBD: Plan Your Route Carefully
CBD transport routes can (and should) get weird. The legal status of cannabidiol (CBD) has long been complicated. The Agricultural Act of 2014 (2014 Farm Bill) allowed for the cultivation of “industrial hemp”, defined as the cannabis plant that contains less than .03% tetrahydrocannabinol (THC) on a dry weight... Read more
Washington’s Ever-Shifting Residency Requirement for Marijuana Businesses
WSLCB seems to want it both ways on “residency.” Despite lobbying efforts to the contrary, Washington has maintained its strict state residency requirement for Washington cannabis business owners. If a person wants to own 0.001% of a cannabis business, the Washington State Liquor and Cannabis Board (WSLCB) requires that... Read more
VIVO Cannabis Acquires Canna Farms
VIVO Cannabis Inc. (formerly ABcann Global Corporation) (TSX-V: VIVO, OTCQB: VVCIF) (“VIVO” or the “Company”) is pleased to announce that it has closed its previously announced acquisition of 100% of the issued and outstanding shares of Canna Farms Limited (“Canna Farms”) (the “Transaction”). Canna Farms, located in Hope, British... Read more
Elixinol Announces Strong Financial Earnings Largely Due to Demand For Hemp Cannabidiol (CBD)
Elixinol Global Limited (ASX: EXL, Group or the Company), a global company operating in the industrial hemp, dietary supplements and emerging medicinal cannabis sectors, has reported strong revenue growth for 1H FY2018 (December year end) of AU$14.9m, up 110% on 1H FY2017. Underlying EBITDA of $0.8m was up on... Read more
Liberty Health Sciences Approved To Manufacture And Dispense Solei Sungrown Cannabis in Florida
“We are excited to introduce our line of Solei brand products to the U.S. market along with our growing portfolio of premium brands. Liberty is committed to delivering a diverse selection to our important customers in a safe and caring environment,” said George Scorsis, CEO of Liberty Health Sciences.... Read more
MPX Bioceutical Reports Record Quarterly Revenues increased 224% to $14.5M
MPX Bioceutical Corporation (“MPX” or the “Company”) (CSE: MPX; OTC: MPXEF) today reports financial results for its fiscal first quarter for the three month period ended June 30, 2018 and provides a general business update. All figures are presented in Canadian dollars unless otherwise indicated. Operational and Financial Highlights... Read more
Oregon Cannabis: Josephine County Loses Again
…another Josephine County setback. Poor Josephine County. We have been writing on this blog about the southern Oregon county’s mounting frustrations with cannabis, its successive losses in litigation, and its most recent attempt in federal district court to submarine Oregon’s cannabis programs. We immediately identified this lawsuit as a... Read more
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