Cannabis Daily News
Cannabis Daily News · page 6
- CBD Market
Federal court lifts injunction barring New York from issuing cannabis retail licenses
NEW YORK Federal court lifts injunction barring New York from issuing cannabis retail licenses A federal judge has partially lifted a temporary injunction barring New York regulators from issuing recreational cannabis retail dispensary licenses in five regions of the state, reports High There.
- Medical
Kentucky legalizes medical cannabis in bipartisan vote after decade of failed attempts
KENTUCKY Kentucky legalizes medical cannabis in bipartisan vote after decade of failed attempts The state of Kentucky has legalized the use of medical cannabis on Friday after a decade of failed attempts in the state legislature, making it the 38th state in the U.S. to legalize for medical use, reports People.
- Companies
Military veterans could get medical cannabis recommendations from government doctors under new bipartisan congressional bill
AVICANNA Canada’s Shoppers Drug Mart is handing over the reins of its cannabis vertical to this biopharma company Shoppers Drug Mart, one of Canada’s most recognized retail brands, plans to transition its Medical Cannabis by Shoppers business to Avicanna, a Canadian biopharmaceutical company focused on the research and development of cannabinoid-based products, reports Forbes.
- CBD Market
FDA’s failure to regulate the CBD industry is ‘disrupting public confidence’ in the agency
Cannabis Daily News STOCKS This will be a big test for the cannabis industry Currently, one of the biggest hurdles for multi-state cannabis companies today is that they can’t trade on a major stock exchange due to the U.S. ban on the drug, reports The Motley Fool.
- Adult-Use
Delaware set to legalize recreational cannabis sales with newly approved bill
Cannabis Daily News LEGALISATION Delaware set to legalize recreational cannabis sales with newly approved bill The Delaware Senate voted in favor of two bills that could legalize cannabis for adults and regulate its sales, reports Benzinga.
- Policy & Regulation
High & Dry: Banking crisis to further choke funding for cannabis sector
Cannabis Daily News BANKING High & Dry: Banking crisis to further choke funding for cannabis sector The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and tightening fundraising from alternative avenues, reports Market Screener.
- Hemp Industry
Bipartisan senators file bill to ease restrictions on industrial hemp farmers
INDUSTRIAL HEMP ACT Bipartisan senators file bill to ease restrictions on industrial hemp farmers A bipartisan pair of U.S. senators have filed a bill to reduce regulations on farmers that grow industrial hemp for non-extraction purposes, reports Marijuana Moment.
- Companies
Another Canadian cannabis producer pauses production over ‘edibles’ dispute with Health Canada
INDIVA LIMITED Another Canadian cannabis producer pauses production over ‘edibles’ dispute with Health Canada Indiva Limited has halted production of some of its products due to a disagreement with Health Canada over the classification of its cannabis lozenges, reports MJBiz.
- Hemp Industry
Synthetic cannabinoids further rift between cannabis and hemp industries
Synthetic cannabinoids further rift between cannabis and hemp industries The rise of intoxicating, hemp-derived cannabinoids has widened a rift in the cannabis industry, MJ Biz Daily reports.
- Markets & Stocks
Kentucky House passes bill to regulate Delta-8 THC products
DELTA-8 THC Kentucky House passes bill to regulate Delta-8 THC products A bill to regulate Delta-8 THC sped through the House of Representatives on Thursday, writes Liam Niemeyer of the Kentucky Lantern for Marijuana Moment.
- Companies
Cannabis companies are having trouble winning over institutional investors
CANNABIS INVESTORS Cannabis companies are having trouble winning over institutional investors Writing for Bloomberg, Peyton Forte explores the cannabis industry’s ongoing difficulties in winning over institutional investors – an issue that will be coming up more frequently as the market grows and more states legalize cannabis use.
- Adult-Use
SXSW: Which political party will legalize weed nationally?
CANNABIS PROHIBITION SXSW: Which political party will legalize weed nationally?
