Export deal for New Zealand’s Rua Bioscience
Tairawhiti-based medicinal cannabis company Rua Bioscience has struck an export partnership deal with a German distributor. The company told the New Zealand Herald it had secured a deal with Nimbus Health, an independent pharmaceutical wholesaler which specialises in importing and distributing pharmaceutical-grade medicinal cannabis products in Germany. Rua Bioscience... Read more
3 Massachusetts marijuana dispensaries fined a total of $800,000
Massachusetts marijuana regulators have fined three companies a total of $800,000 for various infractions. The Cannabis Control Commission levied the fines against Garden Remedies Inc., Healthy Pharms Inc., and Acreage Holdings Inc., according to The Telegram & Gazette. Garden Remedies, which operates a recreational and medical dispensary in Marlborough, was... Read more
Idaho group pushing for medical marijuana offers state ultimatum, threatens lawsuit
You are here: Home / Policy & Legal / Idaho / Idaho group pushing for medical marijuana offers state ultimatum, threatens lawsuit July 16, 2020 by AggregatedNews Leave a Comment An Idaho group working on a November initiative to legalize medical marijuana has threatened to sue the state later... Read more
The New Jersey Treasury Division of Taxation recently announced that, effective July 1, sales tax on medical marijuana is reduced to 4% from the previous 6.625% sales tax rate (the rate imposed under the state’s “Sales and Use Tax Act”). The tax reduction is the first of three scheduled... Read more
Over Father’s Day weekend in 2013, Jawara McIntosh, son of reggae musician Peter Tosh and himself a father of four, was arrested for marijuana possession. After making bail later that year, he was given a plea deal of 20 years in prison, but finding it outlandish, proceeded through years... Read more
Massachusetts investment firm sues Florida hemp company over $350K loss
A Massachusetts investment fund is suing a Florida hemp company, saying investors were scammed of $350,000. Auctus Fund is accusing Hemp Naturals Inc. of: breach of contract. unjust enrichment. fraud and deceit. negligent representation. The Auctus lawsuit filed Monday in Massachusetts federal court says Hemp Naturals has failed to... Read more
Hemp Industries Association dismantles state-chapter system
The Hemp Industries Association is closing its 13 affiliates nationwide and forming a group to recommend a new structure for the nonprofit advocacy organization. The HIA board’s decision announced Thursday comes during a time of great tumult for the organization, with departures from high-profile leaders over the last year... Read more
Exclusive Interview with TILT Holdings CEO Mark Scatterday A little over a year ago, Mark Scatterday stepped into the CEO position at TILT Holdings (CSE: TILT) (OTCQB: TLLTF). Since then, he has worked to stabilize the company and build a strong foundation for growth. Scatterday spoke with New Cannabis... Read more
Empower Clinics Announces Closing of Private Placement Increased Demand for COVID-19 Testing and Are on Pace for Record July Patient Visits
Ryan Allway July 16th, 2020 EMPOWER CLINICS INC. (CSE:CBDT)(Frankfurt:8EC)(OTCQB:EPWCF) (“Empower” or the “Company“), a life sciences company, is pleased to announce the closing of its non-brokered private placement of an aggregate of 14,417,334 units of the Company (each, a “Unit“) at a price of $0.05 per Unit for gross... Read more
Dr. Oz: DEA & FDA blame each other for keeping marijuana illegal; KC mayor speaks about drug reform plans; WY cops bust hemp activists Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping... Read more
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