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Canopy Growth Says GW Pharma Infringed On CBD Extraction Patent In Federal Lawsuit

Canopy Growth Says GW Pharma Infringed On CBD Extraction Patent In Federal Lawsuit

by InfluencER | Dec 28, 2020 | Politics and Law

This may be the first legal battle of cannabis giants in court. Two of the biggest players in the marijuana space are heading to federal court over a dispute related to an alleged violation of a patent for a cannabis extraction method. Canopy Growth Corporation, a...
Congressional Progressive Caucus Calls For Marijuana Legalization In First Six Months Of 2021

Congressional Progressive Caucus Calls For Marijuana Legalization In First Six Months Of 2021

by InfluencER | Dec 23, 2020 | Politics and Law

A major congressional caucus is rolling out a new agenda that includes legalizing marijuana within the first six months of 2021. On Monday, the Congressional Progressive Caucus unveiled the platform, which covers seven main planks such as COVID-19 relief, health care,...
As Rhode Island Moves To Legalize Marijuana In 2021, Senate Leaders Back Private Sales Model

As Rhode Island Moves To Legalize Marijuana In 2021, Senate Leaders Back Private Sales Model

by InfluencER | Dec 23, 2020 | Politics and Law

With Rhode Island’s governor and legislative leaders all expressing interest in legalizing marijuana next year, one big remaining sticking point is where cannabis products would be sold: through private retailers as is the case in every current legal state or under a...
SPACs pump hundreds of millions of dollars into US cannabis industry through acquisitions

SPACs pump hundreds of millions of dollars into US cannabis industry through acquisitions

by InfluencER | Dec 23, 2020 | Sales and Operations

Two cannabis special purpose acquisition companies (SPACs), Silver Spike Acquisition Corp. and Subversive Capital Acquisition Corp., recently announced deals worth more than $2 billion, while two other SPACs have an additional $280 million that must be deployed in the...
Senate Passes Legislation to Expand Medical Cannabis Research

Senate Passes Legislation to Expand Medical Cannabis Research

by InfluencER | Dec 23, 2020 | Politics and Law

The U.S. Senate voted Dec. 16 to pass S. 2032, the Cannabidiol and Marijuana Research Expansion Act, which would allow the attorney general to increase the number of federally licensed entities authorized to cultivate cannabis for research purposes. The bill,...
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