STOCK ROLLERCOASTER
Cannabis stocks drop as optimism for SAFE wanes
U.S. cannabis stocks sank on Tuesday as hoped-for regulatory reform hit a snafu in Congress, writes The Dales Report.
The inclusion of a cannabis-focused amendment in the National Defense Authorization Act (NDAA) now appears unlikely, as Senate Minority Leader Mitch McConnell is fighting against its inclusion.
McConnell has stated that: “House and Senate Democrats are still obstructing efforts to close out the NDAA by trying to jam in unrelated items with no relationship whatsoever to defense. We’re talking about a grab bag of miscellaneous pet priorities—making our financial system more sympathetic to illegal drugs or the phony, partisan permitting reform and name-only language that’s already failed to pass the Senate earlier this year.”
Pardons in Connecticut will erase thousands of possession records
Gov. Ned Lamont (D) has identified about 44,000 eligible possession cases that will be processed automatically at the beginning of the year under a provision of the cannabis legalization bill he signed last year, reports Marijuana Moment.
Additionally, the state has confirmed that people with a wider range of minor convictions on their records will be able to petition courts for record-sealing under separate reform legislation that was enacted this year.
Lamont said: “On January 1, thousands of people in Connecticut will have low-level cannabis convictions automatically erased due to the cannabis legalization bill we enacted last year.
“Especially as Connecticut employers seek to fill hundreds of thousands of job openings, an old conviction for low-level cannabis possession should not hold someone back from pursuing their career, housing, professional, and educational aspirations.”
CONSISTENT CUSTOMERS
Canadian companies target patients with health plans as the medical market shrinks
In the context of a shrinking medical marijuana market, some Canadian companies are focusing on selling medical cannabis to patients whose purchases are covered by employee health benefit plans, reports MJ Biz Daily.
Alberta-based Aurora Cannabis says sales to “insured patient groups” accounted for about 80% of the company’s CAD$23.4 million in Canadian medical cannabis net revenue in its first quarter.
“Those that are in an insured program, by their very definition, buy more consistently, stay with similar pieces of medication for longer periods of time,” said CEO Miguel Martin, adding that more high-quality research could help increase the benefits industry’s acceptance of medical cannabis.
GERMAN PLANS
Germany is learning from the US legal market
Niklas and Anna-Sophia Kouparanis, co-founders of Germany’s largest cannabis company Bloomwell, explain the differences in cannabis regulations between the various state programmes in the United States compared to Germany, writes Tucson, and what legalization could look like next year in the European Union’s largest country.
“Let’s talk about the medical market first,” said Niklas. “In Germany you have the great advantage of statutory health insurance and they pay for holding costs. You don’t have that in the US unfortunately for cannabis patients…. So for a patient it’s easier to get the costs reimbursed. That’s great.
“For the recreational market, what we see, of course, the most important factor for legalizing cannabis in Germany and also for the government is youth protection. We want to have product safety. That’s the most important access we have. And everything we do in Germany is following that guideline.”
Pardons in Connecticut will erase thousands of possession records
Gov. Ned Lamont (D) has identified about 44,000 eligible possession cases that will be processed automatically at the beginning of the year under a provision of the cannabis legalization bill he signed last year, reports Marijuana Moment.
Additionally, the state has confirmed that people with a wider range of minor convictions on their records will be able to petition courts for record-sealing under separate reform legislation that was enacted this year.
Lamont said: “On January 1, thousands of people in Connecticut will have low-level cannabis convictions automatically erased due to the cannabis legalization bill we enacted last year.
“Especially as Connecticut employers seek to fill hundreds of thousands of job openings, an old conviction for low-level cannabis possession should not hold someone back from pursuing their career, housing, professional, and educational aspirations.”
CONSISTENT CUSTOMERS
Canadian companies target patients with health plans as the medical market shrinks
In the context of a shrinking medical marijuana market, some Canadian companies are focusing on selling medical cannabis to patients whose purchases are covered by employee health benefit plans, reports MJ Biz Daily.
Alberta-based Aurora Cannabis says sales to “insured patient groups” accounted for about 80% of the company’s CAD$23.4 million in Canadian medical cannabis net revenue in its first quarter.
“Those that are in an insured program, by their very definition, buy more consistently, stay with similar pieces of medication for longer periods of time,” said CEO Miguel Martin, adding that more high-quality research could help increase the benefits industry’s acceptance of medical cannabis.
GERMAN PLANS
Germany is learning from the US legal market
Niklas and Anna-Sophia Kouparanis, co-founders of Germany’s largest cannabis company Bloomwell, explain the differences in cannabis regulations between the various state programmes in the United States compared to Germany, writes Tucson, and what legalization could look like next year in the European Union’s largest country.
“Let’s talk about the medical market first,” said Niklas. “In Germany you have the great advantage of statutory health insurance and they pay for holding costs. You don’t have that in the US unfortunately for cannabis patients…. So for a patient it’s easier to get the costs reimbursed. That’s great.
“For the recreational market, what we see, of course, the most important factor for legalizing cannabis in Germany and also for the government is youth protection. We want to have product safety. That’s the most important access we have. And everything we do in Germany is following that guideline.”
Pardons in Connecticut will erase thousands of possession records
Gov. Ned Lamont (D) has identified about 44,000 eligible possession cases that will be processed automatically at the beginning of the year under a provision of the cannabis legalization bill he signed last year, reports Marijuana Moment.
Additionally, the state has confirmed that people with a wider range of minor convictions on their records will be able to petition courts for record-sealing under separate reform legislation that was enacted this year.
Lamont said: “On January 1, thousands of people in Connecticut will have low-level cannabis convictions automatically erased due to the cannabis legalization bill we enacted last year.
“Especially as Connecticut employers seek to fill hundreds of thousands of job openings, an old conviction for low-level cannabis possession should not hold someone back from pursuing their career, housing, professional, and educational aspirations.”
CONSISTENT CUSTOMERS
Canadian companies target patients with health plans as the medical market shrinks
In the context of a shrinking medical marijuana market, some Canadian companies are focusing on selling medical cannabis to patients whose purchases are covered by employee health benefit plans, reports MJ Biz Daily.
Alberta-based Aurora Cannabis says sales to “insured patient groups” accounted for about 80% of the company’s CAD$23.4 million in Canadian medical cannabis net revenue in its first quarter.
“Those that are in an insured program, by their very definition, buy more consistently, stay with similar pieces of medication for longer periods of time,” said CEO Miguel Martin, adding that more high-quality research could help increase the benefits industry’s acceptance of medical cannabis.
GERMAN PLANS
Germany is learning from the US legal market
Niklas and Anna-Sophia Kouparanis, co-founders of Germany’s largest cannabis company Bloomwell, explain the differences in cannabis regulations between the various state programmes in the United States compared to Germany, writes Tucson, and what legalization could look like next year in the European Union’s largest country.
“Let’s talk about the medical market first,” said Niklas. “In Germany you have the great advantage of statutory health insurance and they pay for holding costs. You don’t have that in the US unfortunately for cannabis patients…. So for a patient it’s easier to get the costs reimbursed. That’s great.
“For the recreational market, what we see, of course, the most important factor for legalizing cannabis in Germany and also for the government is youth protection. We want to have product safety. That’s the most important access we have. And everything we do in Germany is following that guideline.”
Pardons in Connecticut will erase thousands of possession records
Gov. Ned Lamont (D) has identified about 44,000 eligible possession cases that will be processed automatically at the beginning of the year under a provision of the cannabis legalization bill he signed last year, reports Marijuana Moment.
Additionally, the state has confirmed that people with a wider range of minor convictions on their records will be able to petition courts for record-sealing under separate reform legislation that was enacted this year.
Lamont said: “On January 1, thousands of people in Connecticut will have low-level cannabis convictions automatically erased due to the cannabis legalization bill we enacted last year.
“Especially as Connecticut employers seek to fill hundreds of thousands of job openings, an old conviction for low-level cannabis possession should not hold someone back from pursuing their career, housing, professional, and educational aspirations.”
CONSISTENT CUSTOMERS
Canadian companies target patients with health plans as the medical market shrinks
In the context of a shrinking medical marijuana market, some Canadian companies are focusing on selling medical cannabis to patients whose purchases are covered by employee health benefit plans, reports MJ Biz Daily.
Alberta-based Aurora Cannabis says sales to “insured patient groups” accounted for about 80% of the company’s CAD$23.4 million in Canadian medical cannabis net revenue in its first quarter.
“Those that are in an insured program, by their very definition, buy more consistently, stay with similar pieces of medication for longer periods of time,” said CEO Miguel Martin, adding that more high-quality research could help increase the benefits industry’s acceptance of medical cannabis.
GERMAN PLANS
Germany is learning from the US legal market
Niklas and Anna-Sophia Kouparanis, co-founders of Germany’s largest cannabis company Bloomwell, explain the differences in cannabis regulations between the various state programmes in the United States compared to Germany, writes Tucson, and what legalization could look like next year in the European Union’s largest country.
“Let’s talk about the medical market first,” said Niklas. “In Germany you have the great advantage of statutory health insurance and they pay for holding costs. You don’t have that in the US unfortunately for cannabis patients…. So for a patient it’s easier to get the costs reimbursed. That’s great.
“For the recreational market, what we see, of course, the most important factor for legalizing cannabis in Germany and also for the government is youth protection. We want to have product safety. That’s the most important access we have. And everything we do in Germany is following that guideline.”
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