Uncategorized
Uncategorized · page 59
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Navigating CBD Regulation: U.S. Hemp Roundtable Proposes Limits and Standards
In January 2023, the FDA announced that it would not regulate CBD products, much to the disappointment of the industry.
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Global Regulators Urged to Adopt Cannabis Product Symbol
US organisation Doctors for Cannabis Regulation (DCR) and other industry stakeholders, are urging the United States and global cannabis regulators to adopt the International Intoxicating Cannabinoid Product Symbol (IICPS).
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US Cannabis Businesses Expect “A Lot More Exposure To Violent Crime” Following Mastercard Ban
US cannabis businesses are bracing for increasing threats from criminals following Mastercard’s decision to ban cannabis purchases.
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Halo Collective Delists From CBOE Exchange After String Of ‘Challenging’ Results
Halo Collective has announced that it has now been delisted from the CBOE Exchange as it reported dual sets of ‘challenging’ financial results.
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Analysis Shows Possible $400 Million in Tax if Ohio Cannabis Measure Passes
Ohio could see potential annual tax revenue from adult-use cannabis hit $276 million in year five of an operational cannabis market to $403 million in year five of operations.
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State vs. Federal Law: Arkansas Delta-8 Cannabis Ban Challenged in Court
The ban on delta-8 cannabis products in Arkansas has been challenged in federal court.
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Cannabis ETF Collapse: Poseidon Dynamic Cannabis Fund to Cease Trading by Month-end
A major cannabis Exchange Traded Fund (ETF) is due to cease trading by the end of the month as waning investor sentiment towards cannabis claims another casualty.
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Medical Cannabis Business Licences Re-Issued in Alabama
The Alabama Medical Cannabis Commission (AMCC) last week re-issued medical cannabis business licences.
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NAACP Calls for Workers’ Rights and Federal Cannabis Rescheduling
The National Association for the Advancement of Colored People (NAACP) held its 114th NAACP National Convention where it renewed its backing for federal cannabis reform.
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Aurora Reports 50% Revenue Jump as International Sales Climb
Aurora Cannabis reported skyrocketing revenues alongside falling losses in Q1 of the 2024 fiscal year, seeing its stock price increase around 5%.
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Virginia Hemp Retailers Hit With Fines
Virginia is handing out fines to hemp retailers in the state that are selling unauthorised products.
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Minnesota to Give $15m Reparations to Communities Harmed by Cannabis Prohibition
From 2026, Minesotta is planning on handing out $15 million in reparations to communities that have experienced direct harm of cannabis prohibition.
