Cannabis legalization revenue helps fight COVID-19 on Skid Row

Most essential funding this year comes from Californians buying legal cannabis—the tax dollars of which voters earmarked for youth, environment, or health and safety.

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What A Trip! Psychedelics Stocks Flying High

Several psychedelics companies have generated impressive returns for investors in recent weeks.

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Charlotte’s Web Earns U.S. Patent for Improved Hemp Variety (TSX:CWEB, OTCQX:CWBHF) Charlotte’s…

The post Charlotte’s Web Holdings, Inc. (CWEB) (CWBHF) Earns U.S. Patent for Improved Hemp Variety appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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A few years ago, Canada was set to become the industry leader…

The post Why is Canada Behind the U.S. In Its Cannabis Industry? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Hemp Industry Daily to resume publishing Tuesday
Hemp Industry Daily is closed for the Memorial Day holiday and will resume its usual publishing schedule on Tuesday. Read more

On May 20, 2020, Marijuana Moment reported on a new development on the Food and Drug Administration’s (FDA) position on hemp-derived cannabidiol (Hemp CBD). The article centers on the following tweet from the FDA: Summitt Labs Issues Voluntary Nationwide Recall of KORE ORGANIC Watermelon CBD Oil Due to High Lead Results https://t.co/y2oklEZzx4 pic.twitter.com/1SlB9mnhLI — U.S. […]

The post FDA Notifies Public About Voluntary Recall for Hemp CBD appeared first on Harris Bricken.

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Does the Fair Labor Standards Act Apply to Cannabis Businesses? The U.S. Supreme Court May Decide

Cannabis isn’t federally legal. Companies who operate in the cannabis space really only have the protection of the state’s laws in which they operate. Even full compliance with state laws is no shield to federal penalties or enforcement. Also, there is always a risk that cannabis contracts may not be upheld in court because they […]

The post Does the Fair Labor Standards Act Apply to Cannabis Businesses? The U.S. Supreme Court May Decide appeared first on Harris Bricken.

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Virginia: CBD in Food Bill Signed Into Law

Virginia legislation to allow CBD in food products has been officially passed into law, reports the Associated Press.

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