BREAKING NEWS: Senate Bill Introduced to End Cannabis Prohibition
Our thoughts on the new Senate cannabis bill. Yesterday, U.S. Senator Chuck Schumer (D-NY) introduced the Marijuana Freedom and Opportunity Act (“MFOA”). The MFOA is also co-sponsored by Senators Bernie Sanders (I-VT), Tim Kaine (D-VA), and Tammy Duckworth (D-IL). Coming on the heels of the STATES Act, the MFOA... Read more
Federal Laws Create a ‘Moat’ Around Marijuana Business, Says Founder of U.S. Cannabis Company
The Food and Drug Administration on June 25 approved for the first time a drug made from cannabidiol (CBD), a molecule derived from the cannabis plant. The drug, Epidiolex, was approved for the treatment of two types of epilepsy, Dravet syndrome and Lennox-Gastaut syndrome, that have been resistant to treatment. Well-designed clinical... Read more
Approval of Drug Derived From Cannabis Not Necessarily a Win for the Plant
Cleveland, OH–JUNE 24, 2018 — PRESS RELEASE — The Medical Cannabis Pioneers Picnic will be held at Rid All Green Partnership, a thriving urban farm in Cleveland, Ohio, on July 22, 2018 from 3 p.m. to 7 p.m. Guests will enjoy healthy and organic picnic fare, while several certified-to-recommend... Read more
Cannabis Businesses Hope to Shed Stoner Stereotype by Professionalizing Industry
Cleveland, OH–JUNE 24, 2018 — PRESS RELEASE — The Medical Cannabis Pioneers Picnic will be held at Rid All Green Partnership, a thriving urban farm in Cleveland, Ohio, on July 22, 2018 from 3 p.m. to 7 p.m. Guests will enjoy healthy and organic picnic fare, while several certified-to-recommend... Read more
Midwest CannaWomen to Host ‘Medical Cannabis Pioneers Picnic’
Deeply conservative Oklahoma became the 30th U.S. state to legalize medical marijuana after voters approved a ballot initiative by a 57-43 margin on June 26. The move signaled new inroads among Bible Belt constituencies, where, by and large, state policies have restricted medical cannabis use to hemp-derived CBD products... Read more
Aphria Announces Closing of Bought Deal Financing
Aphria Inc. (TSX: APH) (OTCQB:  APHQF) is pleased to announce it has closed its short form prospectus offering, on a bought deal basis, including the exercise in full of the underwriters’ over-allotment option. A total of 21,835,510 common shares of the Company were sold at a price of $11.85 per Share, for aggregate... Read more
Ice Cube’s BIG3 basketball league allows players to use CBD for pain relief, recovery
NEW YORK (AP) — The BIG3 says players in the 3-on-3 league of former NBA players are allowed to use cannabidiol, or CBD, for pain management and recovery. Under the change announced Wednesday, the BIG3 becomes what’s believed to be the first professional sports league in the United States... Read more
La Palma City Council drops idea of allowing some marijuana-related businesses
La Palma might be small, but its citizens were loud and clear Tuesday night: They don’t want their city to become what one resident described as “the pot capital of northwest Orange County.” Citizens overflowed the City Council Chambers, some having to sit in an adjoining room, to oppose... Read more
Lagunitas Brewing unveils cannabis-infused sparkling water
Lagunitas Brewing Co. of Petaluma is delving deeper into the cannabis industry, announcing the launch of a new THC-infused sparkling beverage. The drink, named Hi-Fi Hops, only will be available at licensed cannabis dispensaries in California starting July 30. It will come in two varieties, including one containing 10... Read more
Kern County maintains medical marijuana dispensary ban
The current ban on medicinal marijuana dispensaries will remain in place in Kern County for the time being after the Kern County Board of Supervisors took no action on a proposal that could have led to the establishment of seven legal medicinal dispensaries throughout the county at a meeting... Read more
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