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DEA Proposes Hemp And CBD Rules To Comply With Crop’s Legalization

DEA Proposes Hemp And CBD Rules To Comply With Crop’s Legalization

by InfluencER | Aug 21, 2020 | Politics and Law

On Thursday, The Drug Enforcement Administration (DEA) disclosed proposed rules for hemp and CBD. The proposed rules would put the federal agency officially in compliance with the 2018 Farm Bill. While DEA emphasized the policies established in this interim final rule...
Canada accused of cannabis ‘protectionism’ by blocking imports – even as exports soar

Canada accused of cannabis ‘protectionism’ by blocking imports – even as exports soar

by InfluencER | Aug 20, 2020 | Investors

The Canadian government is being accused of insulating domestic cannabis producers against foreign competition with protectionist policies. According to MJDaily, at least one foreign government plans to make a formal appeal to federal officials in Ottawa. The accuser...
US marijuana companies outperform Canada’s to erase discount in second-quarter earnings season

US marijuana companies outperform Canada’s to erase discount in second-quarter earnings season

by InfluencER | Aug 20, 2020 | Investors

The stocks of U.S.-focused operators have started to surge while Canada-focused operators have under-performed in the second-quarter earnings season. The rally in the United States boosts the U.S. operator’s expectation that the marijuana market is thawing in...
Second lawsuit targets OK residency requirement for cannabis businesses

Second lawsuit targets OK residency requirement for cannabis businesses

by InfluencER | Aug 20, 2020 | Politics and Law

A marijuana company based in Washington state filed a federal lawsuit against Oklahoma. In the lawsuit, Dank’s Wonder Emporium attempts to overturn the state’s two-year residency requirement under which nonresidents can own only up to 25% of a medical cannabis...
New Zealand cannabis company granted license, plans stock listing

New Zealand cannabis company granted license, plans stock listing

by InfluencER | Aug 20, 2020 | Sales and Operations

Tairawhiti, New Zealand-based Rua Bioscience has received a retail license to grow and supply cannabis-derived medicines. On Thursday, the company announced it is planning an initial public offering to list its shares on New Zealand’s Exchange (NZX). Tairawhiti...
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