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Indica news
Mexico has a new marijuana legalization bill. Here’s what’s in it
Politics Mexico has a new marijuana legalization bill. Here’s what’s in it Mattha Busby December 2, 2021, A new cannabis legalization bill is circulating among members of Mexico's national congress. (AdobeStock) Mexican lawmakers appear to be closer to legalizing...
Cannabis Industry Lender Bespoke Financial Closes $125 Million Credit Facility
Bespoke Financial, the nation’s first cannabis-focused fintech lending platform, announced today the closing of a $125 million credit facility. This infusion of capital from institutional investment funds is a strong show of confidence in cannabis debt financing as...
Top Federal Drug Official Personally Hesitates To Study Marijuana Because Of Schedule I Research Barriers
The top federal drug researcher says even she is reluctant to conduct studies on Schedule I drugs like marijuana because of the “cumbersome” rules that scientists face when investigating them. Nora Volkow, director of the National Institute on Drug Abuse (NIDA), made...
Bipartisan Lawmakers Push VA To Allow Medical Marijuana Access For Veterans ‘As Soon As Possible’
The U.S. Department of Veterans Affairs (VA) must urgently institute a policy change to ensure that military veterans can access cannabis for therapeutic use, a bipartisan coalition of congressional lawmakers said in a news letter. Writing to VA Secretary Denis...
As Congress Considers Cannabis, Regulators and Lawmakers Convene on Key Issues
There’s a lot of federal cannabis buzz lately, but not as much action. On Wednesday, the Coalition for Cannabis Policy, Education, and Regulation (CPEAR) sponsored a virtual event, hosted by The Hill, that focused on cannabis regulation. Speakers included Colorado...
IRS could collect taxes from pot firms if they used big banks, Yellen says
Treasury Secretary Janet Yellen said she supports allowing legal cannabis dispensaries to access the US banking system — where they’re now largely barred — to make it easier for the government to collect tax revenue. Yellen was asked by Colorado Congressman Ed...
Radio New Zealand Report: Medicinal cannabis industry expects further consolidation after acquisitions
Listed medicinal cannabis companies Cannasaouth and Rua Bioscience announced acquisitions yesterday which would allow them to take greater control of their growing operations and access to new products and markets. New Zealand Medicinal Cannabis Council executive...
€11 million deal combines German groups, creating a hemp powerhouse in Europe
Germany’s SynBiotic SE has acquired 50.1% of a leading group of German hemp companies from industry veteran Daniel Kruse for €11.2 million (~$12.6 million) in a key strategic matchup that creates one of the most powerful hemp enterprises on the European market....
Group forms to help give equal access to Connecticut’s new cannabis market
A new association has been formed to ensure Black and other underrepresented communities will have an opportunity to participate in Connecticut’s new legalized recreational marijuana industry, as state legislators had promised. The Alliance for Cannabis Equity, or...
Texas Activists Turn In Signatures To Put Marijuana Decriminalization On Austin’s 2022 Ballot
Texas activists on Wednesday turned in signatures to place a marijuana decriminalization initiative on Austin’s 2022 ballot. Ground Game Texas, a progressive organization that was established earlier this year, submitted more than 30,000 signatures to qualify the...
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