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Indica news
California Cannabis Firms Sell Assets, Narrow Focus
When the recreational marijuana industry was launched in California, the trend was for every company to be vertically integrated. This meant that everything was handled in-house from cultivation and manufacturing to packing, retail sales and distribution. As the...
Bipartisan Senators Push To Finally Enact Marijuana Banking Legislation
Nearly a quarter of the members of the U.S. Senate are joining together to call on congressional leaders to ensure that marijuana banking provisions are enacted into law as part of a large-scale manufacturing bill. The 24 senators—including 19 Democrats and five...
Delaware Governor And Congressional Lawmakers Condemn Drug-Related Search Of Student Athletes
The governor of Delaware and members of the state’s congressional delegation are speaking out after Georgia police pulled over a bus of college lacrosse players over an alleged traffic violation and searched their personal belongings in a fruitless attempt to find...
This Federally-licensed Cannabis Company May Begin Trading Tomorrow
According to a recently filed S-1/A, Bright Green Corporation (NASDAQ: BGXX) is one of the few companies that have received conditional approval from the DEA to produce federally legal cannabis for research purposes. The company expects their common stock to begin...
Is German Oversupply Hampering Growth Of Its Medical Cannabis Industry?
Germany is continuing to see cannabis companies from across the globe pile into its medical cannabis market in the hopes of securing their piece of the pie. With limited domestic production capacity and by far the largest medical cannabis patient demographic in...
There is a rapidly expanding, virtually unregulated competitor to medical cannabis in Maryland. It’s called Delta-8.
It’s called Delta-8. Delta-8 is one of more than a hundred closely related compounds found in the cannabis plant called cannabinoids. Its chemical structure is nearly identical to THC, the main psychoactive component in cannabis. Delta-8 is found in small amounts in...
US cannabis market provides greenfield for digital payment startups
Startups worth watching Payment startups are tapping the cannabis industry with solutions aimed at digitizing the historically cash-dependent sector. CanPay. The Colorado-based startup’s app lets customers at more than 800 cannabis dispensaries make Automated Clearing...
Detroit’s new recreational cannabis ordinance challenged in lawsuit
VIA The Detroit News a chain of medical marijuana dispensaries filed a lawsuit in Wayne County Circuit Court Wednesday challenging Detroit’s new recreational marijuana ordinance. A provision in the ordinance, which was approved last month by the Detroit City Council,...
Maine: First Circuit poised to approve interstate cannabis investment
Courthouse News Service reports The First Circuit gave strong indications Thursday that it would strike down a Maine law that says only in-state residents can own for-profit medical marijuana dispensaries. Maine’s defense of the law hinges on marijuana’s continued...
Schumer Has Talked to Six GOP Senators About Bill
While speaking at a marijuana parade and rally in New York City last Saturday, Senate Majority Leader Chuck Schumer revealed that he had so far talked to half a dozen Republican senators about his upcoming federal legalization bill for marijuana. The annual NYC...
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