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Indica news
West Virginia: House Approves Bill Limiting Medical Marijuana Testing To Just Two Companies
House Bill 4627, sponsored by Del. Brandon Steele (R), legislation that would limit medical marijuana testing to two companies passed the chamber by a vote of 67-33. The bill would limit medical marijuana testing to just two companies will now be considered by the...
Flora Growth Acquires JustCBD for $33 Million in Cash and Stock
Flora Growth Completes Acquisition of Category Leading Wellness Brand JustCBD; Enhances U.S. Infrastructure and CPG Portfolio JustCBD is an established CPG brand with a portfolio of over 300 products and a seamless omnichannel approach that includes a...
MedMen to Exit Florida Medical Cannabis Market With $83 Million Sale of Assets
MedMen Enterprises Inc. a premier cannabis retailer with operations across the United States, today announced plans to sell its Florida assets to Florida-based private company Green Sentry Holdings LLC for $83 million. The cash deal includes the sale of substantially...
Will Thailand Become The Next Cannabis Tourism Hotspot?
Thailand is well known as a destination for medical tourism and wellness travel. So, these sectors will surely benefit from legal weed. By Nina Zdinjak Thailand, the first Asian country to decriminalize recreational cannabis may soon experience a boom in its tourism...
Three In Four New Hampshire Residents Support Legalizing Marijuana, With Bipartisan Majorities Backing State-Run Model
Nearly three in four New Hampshire voters support legalizing marijuana, according to a new poll. And bipartisan majorities also say they’re in favor of conducting cannabis sales through a state-run model as would be the case under a bill that recently passed the House...
Virginia House Committee Kills Bill To Begin Marijuana Sales This Year
A House of Delegates subcommittee Monday voted down legislation that would have allowed recreational marijuana sales to begin this September. The legislation, which had passed the Democratic-controlled Senate last week, died on a party-line vote, with...
Cannabis Banking: All Businesses are Marijuana Related Businesses
Over eight years ago, the Financial Crimes Enforcement Network published the FinCen Memorandum of February 14, 2014 (“FinCen Memo”). FinCen is a Bureau within the U.S. Department of Treasury. Its mission is to combat money laundering and financial crimes....
Mexico Cannabis Update: Another Missed Deadline and Political Nepotism
Mexico has sure been on a bumpy road in its effort to legalize cannabis. Led mainly by Supreme Court rulings, Mexico has inched forward, though not always in the expected ways. For this episode of Mexico's cannabis update, let’s take a look at another missed deadline...
Washington lawmakers urge halt to hemp-derived THC in state
Washington lawmakers are making a last-ditch attempt to block intoxicating, synthetically derived cannabis products, including gummy candies and vape oil, from being sold at gas stations, convenience stores, and smoke shops after earlier bills failed. “These are being...
Cannabis industry at a tipping point waiting for regulations
The world is waking up to the blooming cannabis market and it’s time to elevate this industry, says Eric Benz, a contributor to CannaDAO, which is creating a blockchain-based platform for the cannabis industry. Cannabis is one of the fastest-growing industries...
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