- Harris Pledges to Federally Legalize Adult-Use Cannabis Marking ‘Essential Turning Point in US Drug Policy’
Presidential hopeful Kamala Harris has pledged to federally legalize cannabis if she wins the upcoming election in November, marking a major… Read more: Harris Pledges to Federally Legalize Adult-Use Cannabis Marking ‘Essential Turning Point in US Drug Policy’ - Bedrocan Returns To Canada, Cantourage Sales To Hit €40m, EU Court Overturns Indoor Hemp Ban, Malta To Ease Cannabis Rec Restrictions
LONG-ESTABLISHED European cannabis company Bedrocan has re-entered the Canadian medical cannabis market following the purchase of a facility in Toronto. This… Read more: Bedrocan Returns To Canada, Cantourage Sales To Hit €40m, EU Court Overturns Indoor Hemp Ban, Malta To Ease Cannabis Rec Restrictions - Campaign to Overturn Federal Cannabis Prohibition Rebuffed for a Second Time by DOJ
Last week, the US Department of Justice (DOJ) instructed a federal appeals court to uphold a nationwide ban on cannabis, throwing efforts to overturn federal prohibition into doubt. - Japan Releases More Details on Upcoming CBD Regulations, But Key Issues Remain Unaddressed
The Japanese government has released updated guidelines for THC limits in CBD products, but experts warn potential efforts to ease some of the world’s strictest regulations remain ‘insufficient’. - Canadian Medical Cannabis Clinic Launches 3000-Participant Study into Emerging Cannabis Treatments
Canadian medical cannabis clinic Santé Cannabis has started recruitment for a new study assessing the effectiveness of various cannabis treatment plans. - Tilray’s Cannabis Revenues Drop 13% in Q1 as Alcohol Sales Nearly Double
Tilray’s cannabis revenues fell sharply over its first quarter, but its overall revenues were up 13% thanks to a near doubling in revenues from its alcohol business. - German Medical Cannabis Market to Top €420m in 2024 Amid ‘Second Wave of German Cannabis’
Germany’s flourishing medical cannabis market is now forecast to top €420m this year, according to Prohibition Partners’ upcoming German Cannabis Report.… Read more: German Medical Cannabis Market to Top €420m in 2024 Amid ‘Second Wave of German Cannabis’ - California Cannabis Delivery Giant Eaze Collapses, Marking the Latest High Profile Closure in the State
California’s largest cannabis delivery company, Eaze, is set to close its doors by the end of the year after its parent company was shuttered this summer. - Cannabis Businesses Seek Alternatives to Debt Financing in Slow Capital Market
According to finance experts, capital raises in the cannabis sector have been slow over the past year, due, in part, to the expense of debt financing. - Cannavigia Prepares Software Solution for German Adult-Use Cannabis Pilot Projects, Engages with Over 25 Municipalities
October 10, 2024 – Zurich, Switzerland: CANNAVIGIA (Vigia AG), a Swiss tech start-up revolutionizing process and compliance management for the cannabis… Read more: Cannavigia Prepares Software Solution for German Adult-Use Cannabis Pilot Projects, Engages with Over 25 Municipalities - Ananda Announces Phase 1 Clinical Trial in Australia, Hellenic Suffers Further Funding Delays, & Flora Expands Reach in Germany
Hellenic Dynamics Hellenic Dynamics has announced a further delay in the receipt of a long-term €1m loan, which has already led… Read more: Ananda Announces Phase 1 Clinical Trial in Australia, Hellenic Suffers Further Funding Delays, & Flora Expands Reach in Germany - Business of Cannabis: Berlin 2024 – Uniting Industry Leaders to Shape Germany’s Cannabis Future on 26 November
The Business of Cannabis: Berlin Executive Summit is set to host over 150 top executives, policymakers, and thought leaders at Palisa.de… Read more: Business of Cannabis: Berlin 2024 – Uniting Industry Leaders to Shape Germany’s Cannabis Future on 26 November - Canopy Growth Completes Acquisition of Edibles Brand Wana Amid Further Strengthening of Portfolio
Canopy Growth has finalised its acquisition of Wana, taking on 100% of the cannabis edibles company and its subsidiaries, Wana Wellness, The CIMA Group and Mountain High Products. - UK Private Medical Cannabis Market Sees Exponential Growth, Doubling Yearly Since 2021
The number of items prescribed in the UK’s private medical cannabis market has doubled each year since 2021, as the market continues its rapid expansion. - Celebrating Medical Cannabis Awareness Week 2024
UK Clinics Collaborate for Series of Nationwide Events to Celebrate and Discuss Medical Cannabis in the UK. In celebration of the… Read more: Celebrating Medical Cannabis Awareness Week 2024 - Somai Pharmaceuticals Announces Partnership with Releaf ClinicSOMAÍ Pharmaceuticals is proud to announce a strategic partnership with Releaf, the UK’s fastest-growing medical cannabis clinic, to bring innovative cannabis-based… Read more: Somai Pharmaceuticals Announces Partnership with Releaf Clinic
- Missouri Regulators Request Hundreds of Thousands in Funding to Enforce Controversial Hemp Ban
Missouri’s Department of Health and Senior Services (DHSS) has called for nearly $1m in funding to support enforcement of a controversial ban on hemp. - Low Flower Prices Drive Michigan Cannabis Boom
Prices for marijuana flowers in Michigan have nosedived since the start of adult-use sales in December 2019, and many in the industry attribute the falling prices to a glut of cultivation licenses. - California’s Controversial Hemp Ban Faces ‘Temporary Restraining Order’
California’s controversial move to ban hemp with any traceable amount of THC is facing legal challenges from the hemp industry, who are now seeking a temporary restraining order (TRO). - Poland Nearly Doubles Medical Cannabis Import Limits for 2024 as Demand Continues to Surge
Poland is set to significantly increase the import cap on medical cannabis based on continually expanding demand in what is fast becoming one of Europe’s most exciting markets. - Ohio’s Fledgling Adult-Use Cannabis Market Surpasses Sales of $87m, Shows No Signs of Slowing
Ohio’s adult-use cannabis market, which was launched just two months ago, has already exceeded $87m in sales. According to the latest… Read more: Ohio’s Fledgling Adult-Use Cannabis Market Surpasses Sales of $87m, Shows No Signs of Slowing - Pennsylvania May Soon Expand Who Can Approve Medical Cannabis Cards
New proposed legislation in Pennsylvania could significantly expand which doctors are able to prescribe medical cannabis. The legislation, which is now… Read more: Pennsylvania May Soon Expand Who Can Approve Medical Cannabis Cards - £350k Funding Awarded for UK Medical Cannabis Study to Optimize Pharmaceutical-Grade Plants
A multi-year medical cannabis research project in Scotland has secured £350k in funding to standardise cannabis plants for pharmaceutical use, spearheaded by the James Hutton Institute. - Poland’s Hemp&Health Acquires Shares in Portuguese Medical Marijuana Crossbreeding and Genetics CompanyPolish medical cannabis company Hemp&Health (WSE:HMP) signed an agreement to acquire a 5% stake in the Portuguese company Hibisco Discreto, owner… Read more: Poland’s Hemp&Health Acquires Shares in Portuguese Medical Marijuana Crossbreeding and Genetics Company
- Trulieve Sues Florida GOP Over Alleged ‘Misleading’ Ads on Cannabis Amendment
As Florida prepares to vote on Amendment 3, which would legalize adult-use cannabis in the state, Florida’s largest medical cannabis company… Read more: Trulieve Sues Florida GOP Over Alleged ‘Misleading’ Ads on Cannabis Amendment - Georgia’s Hemp Industry Adjusts to Flower Ban Amid Hurricane ChaosThe Georgia hemp industry was tasked over the past week with the dual challenge of navigating a hurricane and new regulations… Read more: Georgia’s Hemp Industry Adjusts to Flower Ban Amid Hurricane Chaos
- Ananda Stock Returns to AJ Bell Platform Following Backlash, Kanabo Stock Jumps 30% on Financial Results, & Argent Seeks to Shift ListingAnanda Developments Ananda Developments’ CEO has seemingly forced the hand of one of the UK’s most popular investment service providers,… Read more: Ananda Stock Returns to AJ Bell Platform Following Backlash, Kanabo Stock Jumps 30% on Financial Results, & Argent Seeks to Shift Listing
- Washington Cannabis Businesses Launch Lawsuit Targeting Illicit Sellers as Lacklustre Enforcement Continues
Washington, D.C.’s illicit cannabis operators are being targeted in a new legal challenge brought by a collective of legitimate businesses frustrated… Read more: Washington Cannabis Businesses Launch Lawsuit Targeting Illicit Sellers as Lacklustre Enforcement Continues - Dutchie Launches ‘Transformative Update’ To Its Software Platform Focusing on Personalization, Efficiency, and Data-Driven Decision Making
Dutchie, the leading technology platform powering $22 billion in cannabis sales, today announced the launch of Dutchie 2.0, a transformative update… Read more: Dutchie Launches ‘Transformative Update’ To Its Software Platform Focusing on Personalization, Efficiency, and Data-Driven Decision Making - Spain Proposes Regulations for Long-Awaited Medical Cannabis Framework, but Patients Warn It Is Too Restrictive
As reported by Cannabis Health Spanish regulators have taken another step towards introducing the country’s long-delayed medical cannabis framework, but patients… Read more: Spain Proposes Regulations for Long-Awaited Medical Cannabis Framework, but Patients Warn It Is Too Restrictive - ‘I Have Felt For a Long Time We Need to Legalize It’ – Kamala Harris Publicly Endorses Cannabis Legalization
Vice President Kamala Harris has reaffirmed her support for legalizing cannabis, discussing the issue publicly for the first time since becoming… Read more: ‘I Have Felt For a Long Time We Need to Legalize It’ – Kamala Harris Publicly Endorses Cannabis Legalization - Major Cannabis Markets Still Lacking Controls for Suspicious Lab Results
The California Department of Cannabis Control revoked a commercial testing laboratory’s permit a month ago after tests at state-run labs discovered a… Read more: Major Cannabis Markets Still Lacking Controls for Suspicious Lab Results - CBD Regulations in the Spotlight: Industry Calls Out Lack of Transparency From UK Regulators
Last month, UK regulators held two key meetings on the future shape of novel foods regulation in the country, seeing many… Read more: CBD Regulations in the Spotlight: Industry Calls Out Lack of Transparency From UK Regulators - Cannabis Policy Report Calls for More Research, Standardization, and Social Equity in Federal Regulation
The US federal government’s continued criminalization of cannabis is leading to fragmented policy decisions and endangering public health, a new report… Read more: Cannabis Policy Report Calls for More Research, Standardization, and Social Equity in Federal Regulation - Proposal Could See CBD Banned for Use in Cosmetics Across Europe
CBD (cannabidiol) as a ‘cosmetic’ could soon be banned in the European Union amid efforts from France to classify it as… Read more: Proposal Could See CBD Banned for Use in Cosmetics Across Europe - Kentucky Grants First Medical Cannabis Business License as Industry Rollout Moves at Pace
Kentucky has officially granted its first medical cannabis business license as the state pushes ahead with its new medical cannabis programme.… Read more: Kentucky Grants First Medical Cannabis Business License as Industry Rollout Moves at Pace - LeafLink Announces First of Its Kind Payment Option for Cannabis to Address Delinquent Payments, Improve Customer Operations
LeafLink, the nation’s leading cannabis wholesale platform, today announced Payment on Sell Through (PoST), a first-of-its-kind payment option for cannabis wholesale… Read more: LeafLink Announces First of Its Kind Payment Option for Cannabis to Address Delinquent Payments, Improve Customer Operations - New Hemp Bill Could Solve Intoxicating Cannabinoid Issues Plaguing US Industry
A new bill introduced this week that could have a significant impact on the ongoing battle to curb the spread of… Read more: New Hemp Bill Could Solve Intoxicating Cannabinoid Issues Plaguing US Industry - Premium Cannabis Brands Report Steady Sales Despite Shaky Economy
In a volatile economy, luxury goods often take a hit. But a surprising trend has emerged in the cannabis industry: Many… Read more: Premium Cannabis Brands Report Steady Sales Despite Shaky Economy - DanCann Pharma Planning Reverse Stock Split, Allied Corp Exports GMP Product to Swiss Market, & More from SEEDDanCann Pharma Danish cannabis company DanCann Pharma has announced plans to enact a reverse stock split aimed at ‘stabilising the… Read more: DanCann Pharma Planning Reverse Stock Split, Allied Corp Exports GMP Product to Swiss Market, & More from SEED
- Controversy Surrounds Missouri’s Microbusiness Cannabis Licenses as Outsiders Profit
Missouri’s microbusiness cannabis licensing program, designed to help victims of the War on Drugs, has been clouded by controversy, as out-of-state… Read more: Controversy Surrounds Missouri’s Microbusiness Cannabis Licenses as Outsiders Profit - Canada’s Cannabis Sales Rise For 5th Consecutive Month, But 2024 Continues to Lag Behind Previous Years
Canada’s cannabis retail sales grew for the fifth consecutive month in July, topping CAD$440m to reach the highest level so far… Read more: Canada’s Cannabis Sales Rise For 5th Consecutive Month, But 2024 Continues to Lag Behind Previous Years - Germany’s Cannabis Club Applications Continue to Rise but Growth Has Slowed in September
The number of both applications and licences granted for cannabis social clubs in Germany has continued to grow at pace throughout… Read more: Germany’s Cannabis Club Applications Continue to Rise but Growth Has Slowed in September - Most Germans Are Consuming Cannabis for Health Reasons — but Many Still Turn to Illicit Market
As reported by Cannabis Health A new survey following the landmark law change in Germany has revealed that the majority of… Read more: Most Germans Are Consuming Cannabis for Health Reasons — but Many Still Turn to Illicit Market - Business Owners ‘Very Confident’ Florida Cannabis Legalization Bill Will Pass
The slate of cannabis ballot referendums this November is headlined by Florida, the third-most-populous U.S. state, where voters will decide whether… Read more: Business Owners ‘Very Confident’ Florida Cannabis Legalization Bill Will Pass - Thailand Publishes New Draft Bill To Regulate Cannabis Instead of Ban it Outright
In recent months, Thailand has become a biword for the negative impact of cannabis liberalisation policy without adequate planning and forethought.… Read more: Thailand Publishes New Draft Bill To Regulate Cannabis Instead of Ban it Outright - Future of Nebraska’s Latest Efforts to Legalize Medical Cannabis to be Decided Next Week
The future of Nebraska’s latest attempt to legalize medical cannabis is set to be decided next week by a state court… Read more: Future of Nebraska’s Latest Efforts to Legalize Medical Cannabis to be Decided Next Week - Grow and Integro Clinics Expand Medical Cannabis Access Scheme to Include All UK University Students
Grow Pharma and Integro Medical Clinics are set to expand their flagship medical cannabis access program to all UK university students.… Read more: Grow and Integro Clinics Expand Medical Cannabis Access Scheme to Include All UK University Students - Odor of Burnt Cannabis ‘Insufficient to Provide Probable Cause for Vehicle Search’, Illinois Supreme Court Rules
An Illinois Supreme Court decision has ruled that the smell of burnt cannabis is ‘insufficient to provide probable cause for a… Read more: Odor of Burnt Cannabis ‘Insufficient to Provide Probable Cause for Vehicle Search’, Illinois Supreme Court Rules - Leveling the Playing Field: How the SAFER Banking Act will Impact Payments in the Cannabis Industry
By Nan Siler, Vice President Payment Operations at Finix The US cannabis industry is a fast-growing space that is expected to… Read more: Leveling the Playing Field: How the SAFER Banking Act will Impact Payments in the Cannabis Industry
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