Cannabis News
Authoritative coverage of the global cannabis industry — regulation, investment, markets and policy, reported for the people who run it.
Cannabis News · page 84
- Events
Product Earth ‘Heartbroken’ as It Is Forced to Cancel 2nd Day at 11th Hour Amid Threat to Venue’s Licence
UK cannabis trade show Product Earth was forced to cancel its second day this weekend, following concerns around attendees consuming cannabis inside the venue.
- Uncategorized
Cookies Signs Landmark Parnership With USC Athletics Amid European Expansion
The University of Southern California (USC) has announced a new partnership with cannabis brand Cookies in what is thought to be the first tie-up of a college sports team and CBD brand in the US.
- Hemp Industry
California Governor Pushes Through ‘Emergency’ Legislation Banning Any Trace of THC in Hemp Products as Industry Prepares to Take Legal Action
California’s Governor Gavin Newsom has proposed emergency regulations that would ban any level of THC in hemp products sold in the state, which would decimate the industry.
- Uncategorized
Federal Court Rules That THC-O is Legal Under 2018 Farm Bill in Surprise Win for Synthetic Cannabinoid Sellers
In an unexpected win for the embattled US hemp industry, the 4th Circuit Court of Appeals has ruled that an intoxicating hemp-derived products, THC-O, is classified as legal under the 2018 Farm Bill.
- Policy & Regulation
Morocco Pardons Cannabis Farmers, Looks To Grow Developing Legal Market
Morocco has issued royal pardons to nearly 5000 cannabis farmers, but the Kingdom still faces challenges in its quest to build its industry, including meeting European requirements for export, its own illicit market and price competition from other African countries.
- Hemp Industry
Increasing Crackdown on Hemp in the US Drives $3.1bn Downgrade in Market Expectations
The lack of progress and clarity on regulations surrounding industrial hemp in the US has seen forecasts for the market over the next five years plummet.
- Markets & Stocks
Argent BioPharma Sees 74% Sales Decline, Cantourage Enjoys 62% Sales Increase, & Organigram Progresses With BAT Investment
Argent BioPharma [stock_market_widget type=”chart” template=”line” assets=”RGT.L” range=”1mo” interval=”1d” price_field=”close” border_width=”3″ tension=”0.5″ line_color=”#5679FF” range_selector=”true” axes=”true” cursor=”true” api=”yahoo-finance”] Argent BioPharma (formerly MGC Pharmaceuticals) has released its latest preliminary financial figures for the year to June 30, 2024, revealing a sharp drop in revenues but a reigning in of net losses compared to the previous year.
- Uncategorized
Swing-State Voters Overwhelmingly Back Cannabis Legalization, Study Shows
This week, former President Donald Trump publicly voiced his support for cannabis legalization in Florida, solidifying cannabis reform’s growing prominance in this election campaign.
- Press releases
Landlords Risk Breaching Equality Act over Prescription Cannabis
Landlords, property managers, and housing associations are currently at risk of breaching the Equality Act over their approach to prescription cannabis, according to a new Cannabis Industry Council (CIC) report.
- Uncategorized
Deutschland will umstrittenes Hanfgesetz kippen, aber die Strafverfolgung geht weiter
Im Juli hat Deutschland einen Entwurf für das Gesetz zur Liberalisierung des Hanfanbaus vorgelegt, der die verwirrende und umstrittene ‘Rauschklausel’ abzuschaffen verspricht.
- Hemp Industry
Germany Moves to Overturn Controversial Hemp Law but Legal Prosecutions Continue
In July, Germany submitted a draft of its Industrial Hemp Liberalization Act, a bill that promises to do away with the baffling and controversial ‘intoxication clause’.
- Uncategorized
Nebraska to Vote on Two Key Medical Cannabis Initiatives in November Election
Nebraska is set to vote on two key cannabis initiatives during the November presidential elections after each passed the threshold of signatures needed to place them on the ballot.
