by InfluencER | Dec 27, 2021 | Production
From stalled legislation to falling stock prices, cannabis didn’t have the greatest year. But investors are finding something to be optimistic about heading into 2022: industrial hemp. Demand is poised to rise for hemp — the staid sister to the mood-altering forms of...
by InfluencER | Dec 27, 2021 | Sales and Operations
The largest U.S. banks have stayed well away from the cannabis sector, as federal law still “prevents banks from banking cannabis businesses,” the American Bankers Association, a trade group, said in a letter sent this month to leading U.S. senators. Banks could be...
by InfluencER | Dec 27, 2021 | Pharma
Cannbit-Tikun Olam will produce various medical cannabis products for Teva Israel, a marketing arm of Teva Pharmaceuticals (NYSE: TEVA). What Happened The Tel Aviv, Israel-based cannabis company confirmed Monday it has signed a collaboration agreement with Teva, under...
by InfluencER | Dec 23, 2021 | Politics and Law
A top Maryland lawmaker has pre-filed a bill to put marijuana legalization on the state’s 2022 ballot. The text of the legislation from Del. Luke Clippinger (D)—who serves as chairman of a cannabis workgroup that’s been studying the issue—was posted online on...
by InfluencER | Dec 23, 2021 | Politics and Law
Rhode Island’s House speaker says lawmakers are “very close” to introducing a bicameral negotiated marijuana legalization bill, and a top Senate leader saying he’s optimistic that it will pass “overwhelmingly” in both chambers when it comes up for a vote early in...