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House Democrats Keep Marijuana Banking Protections In Revised COVID Bill After Delaying Legalization Vote

House Democrats Keep Marijuana Banking Protections In Revised COVID Bill After Delaying Legalization Vote

by InfluencER | Sep 30, 2020 | Politics and Law

A slimmed-down coronavirus relief bill that House Democrats released on Monday again includes marijuana banking protections. Despite pushback from GOP lawmakers who challenged the germaneness of including the cannabis language in a prior version that the House...
Michigan Prosecutor Won’t Pursue Psychedelics Possession Cases Following Local Decriminalization Vote

Michigan Prosecutor Won’t Pursue Psychedelics Possession Cases Following Local Decriminalization Vote

by InfluencER | Sep 30, 2020 | Politics and Law

A soon-to-be county prosecutor in Michigan said his office will not be pursuing psychedelics possession cases following a City Council vote to decriminalize entheogenic substances in Ann Arbor. Eli Savit, who won in a three-way Democratic primary for Washtenaw County...
New CBD product available under prescription in Peru

New CBD product available under prescription in Peru

by InfluencER | Sep 30, 2020 | Investors, Sales and Operations

A new medical cannabis product is available in Peru. This move is the latest sign the cannabis market is moving in the right direction. Toronto-headquartered Khiron Life Sciences, a company with its main operations in Colombia, announced last Thursday it became the...
A Dozen Applications for Portland’s Cannabis Retail Licenses Could Be Disqualified

A Dozen Applications for Portland’s Cannabis Retail Licenses Could Be Disqualified

by InfluencER | Sep 30, 2020 | Politics and Law

Portland, Maine, received 43 cannabis dispensary applications last month for the city’s 20 available retail licenses. However, a preliminary staff review has found a dozen of the applicants could be disqualified. Many applicants do not meet basic requirements such as...
More Bad News For The Canadian Cannabis Industry

More Bad News For The Canadian Cannabis Industry

by InfluencER | Sep 30, 2020 | Sales and Operations

After generating $10.9 billion in worldwide sales in 2018, Wall Street analysts are forecasting anywhere from $50 billion to $200 billion in global cannabis sales by 2030. While not every pot stock can be a winner, these would appear to be incredible growth figures...
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