I recently attended two events in Utah headlined by the United Natural Products Alliance (“UNPA”) where its President, Loren Israelsen, discussed the voluminous public comments received by the FDA in response its latest round of questions regarding how over-the-counter cannabis extracts like CBD should be regulated. Israelsen provided numerous takeaways for UNPA members and their…
Liberty Health Sciences Reports 2020 Second Quarter Financial Results Note: All references to dollar values refer to Canadian dollars unless otherwise stated. TORONTO, Oct. 31, 2019 /PRNewswire/ – Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com (“Liberty” or the “Company”), a provider of high quality cannabis, announced its... Read more
Wisconsin Democrats introduced a bill on Wednesday that would decriminalize possession of small amounts of cannabis in the state, but chances of the measure succeeding in the Republican-led legislature appear to be slim. Democratic Lt. Gov. Mandela Barnes said on Wednesday that the penalties currently paid by those convicted... Read more
Momentum could be building for the legalization of recreational weed in Montana. That’s because a local group working for cannabis reform in the state has just received big time backing from advocacy groups. If the efforts in Montana succeed, voters could see legalization on the ballot next year. However,... Read more
Exclusive Interview with Cansortium CEO Jose Javier Hidalgo Multi-state operator Cansortium (CSE: TIUM.U) (OTCQB: CNTMF) has cut its annual costs by $4.5 million, restructured its leadership and announced plans for more growth in its home state of Florida. The cannabis company’s CEO Jose Javier Hidalgo spoke with New Cannabis Ventures... Read more
Earlier this month, on October 3, the California Department of Business Oversight (the “DBO”) issued a Cannabis Banking Guidance memorandum to its state-chartered financial institutions (banks and credit unions) to help them make appropriate risk assessments in serving cannabis-related businesses and comply with federal guidelines. The memorandum is in the form of an extensive questionnaire. The…
Los Angeles City Council President Herb Wesson has called on the city to suspend the approval process for new shops selling cannabis products, arguing that the latest round of the licensing process was “compromised” by some people gaining early access to the application system. In a letter to the... Read more
The Marijuana Regulatory Agency (MRA) will begin accepting applications for marijuana licensing under the Michigan Regulation and Taxation of Marijuana Act (MRTMA) this Friday, November 1st. “Our team has done a tremendous job preparing for this day and we’re excited to start processing applications,” MRA Executive Director Andrew Brisbo... Read more
Former Philadelphia Mayor Michael Nutter has been hired on as a “senior advisor and consultant” for Green Leaf Medical, a New Jersey company that is looking to open a 50,000 square foot cannabis production facility and dispensary in Gloucester City’s Southport waterfront area. The announcement surprised some who remember... Read more
The United States Coast Guard just announced the conclusion of what appears to be a large drug bust in the Pacific Ocean. So large, in fact, that the agency is now back on the mainland to offload several hundred million dollars’ worth of illegal substances. According to the agency,... Read more
