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Featured Articles
The Future Markets Research Releases Market Commentary on Innocan Pharma, an up-and-coming Leader in CBD Veterinary Solutions
PESG Research, a research group under the Future Markets Research Tank (FMRT), is proud to release market commentary on Innocan Pharma, an up-and-coming leader in the CBD veterinary solutions Industry. To read the full report click here, or follow the link:...
MORE Act likely to flop in Senate after House vote this week: Analyst
The U.S. House of Representatives is likely to pass the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) by a slim margin when it comes up for a vote as early as Friday but the measure will not likely pass the Senate, Beacon Policy Advisors LLC...
New Biden Budget Keeps Ban On D.C. Marijuana Sales But Preserves State Medical Cannabis Protections
President Joe Biden is again proposing to keep blocking Washington, D.C. from legalizing marijuana sales as part of the budget proposal for Fiscal Year 2023 that he sent to Congress on Monday. To the relief of advocates, however, he again kept a separate rider intact...
Nearly 500-Page House Report On Marijuana Legalization Bill Previews Democratic And Republican Arguments
With a vote on a bill to federally legalize marijuana set for House floor consideration this week, lawmakers on Thursday released a report on the legislation that effectively previews the partisan debate to come, with the majority and minority leaders of a key...
Some New Jersey Municipalities Opt Back In to Adult-Use Cannabis Industry
Some of the roughly 400 municipalities in New Jersey that opted out of hosting the adult-use cannabis industry ahead of an August 2021 deadline to do so have since changed their minds. Roughly 29% of the state’s municipalities now allow some form of adult-use business...
Alabama Gubernatorial Candidate Tim James Says State Officials Want to Create ‘Drug Cartel’ with Medical Cannabis Program
Tim James, a leading Republican gubernatorial candidate in Alabama, has expressed opposition to the state’s medical cannabis program, claiming that state officials want to create a “drug cartel,” according to an AL.com report. “This is nothing but a bait and switch to...
Featured Articles
ICYMI: Adding Marijuana to a NIST Handbook
Not many people get excited about revisions and updates to the very dry National Institute of Standards and Technology (“NIST”) handbooks. The NIST 44 Handbook contains the “Specifications, Tolerances, and Other Technical Requirements for Weighing and Measuring Devices.” It is adopted every year at the annual National Conference on Weights and Measures (“NCWM”). This year’s interim NCWM meeting has the cannabis crowd pretty stoked and looking toward the future where, for the first time, marijuana is actually being considered as an addition to the handbooks. What does this mean and why should you care? It could mean that the Feds are finally preparing for legalization and interstate commerce around marijuana. The NIST handbook: committee review The Laws and Regulations (L&R) Committee of NCWM develops “laws and regulations that range from the basic weights and measures law to specific laws and regulations for weighmasters, commodity regulations, price scanners, unit pricing, engine fuel and automotive lubricants and more.” Additionally, the L&R Committee addresses “test procedures for verifying the actual net quantity contained in packages offered for sale.” The Specifications and Tolerances (S&T) Committee is dedicated to issues related to the design, testing, tolerances and user requirements for commercial weighing and measuring devices.
Canna Law Blog – Harris Bricken, 01/20/2022 10:19:00
Open article: https://harrisbricken.com/cannalawblog/icymi-adding-marijuana-to-the-nist-handbook/
Costa Rica: Will He Won’t He? President Alvarado Sitting On Cannabis Bill
Hemp Today Reports Costa Rica’s president said he is studying a bill that would legalize medical marijuana and industrial hemp, giving no clear indication if he will sign the measure into law or not. President Carlos Alvarado said he is reviewing the measure with health authorities after it passed the Legislative Assembly earlier this month, with 29 of 57 deputies voting in favor. Economic potential Lawmakers have urged the president to sign the law, which supporters say can bring economic and social development to Costa Rica’s rural areas by authorizing the production, industrialization, and commercialization of hemp for industrial applications and food. The law covers cultivation, harvesting, processing, storage, and transport. Rosa Volio Pacheco, a deputy who co-sponsored the bill, said the proposed law could spark development in the pharmaceutical industry and a range of different value chains starting in agriculture. Medical marijuana provisions in the bill would also bring hope to patients whose suffering could be relieved by legal, prescription marijuana products, Volio Pacheco said. The law would limit marijuana to medicinal and therapeutic use and does not legalize adult-use (recreational) marijuana.
Cannabis Law Report, 01/19/2022 19:10:00
CDC Issues Best Practices For Fleet Marijuana Policies
The CDC recently issued guidance to businesses developing marijuana policies, balancing state legalization efforts and fleet safety. Per the CDC, marijuana should be addressed in motor vehicle safety programs. Marijuana is a particularly challenging issue as THC can remain at detectable levels long after any intoxicating effect has ceased. Indeed, THC can be detected up to several weeks following consumption. As a result, the CDC reports marijuana being one of the most frequent drugs found in post-crash testing. The CDC’s confirmation of marijuana’s specific contribution to crash risk being unclear further complicates this issue. Likewise, a zero-tolerance marijuana policy may no longer be viable under state legalization laws. In an effort to provide some guidance on this complicated subject, the CDC published a list of best practices for creating or updating marijuana polices.
Todd A. Gray, Cannabis Law Report, 01/21/2022 02:20:00
Open article: https://cannabislaw.report/cdc-issues-best-practices-for-fleet-marijuana-policies/
How Germany Can Enter The Adult-Use Cannabis Market Successfully
The new German coalition has indicated one of its many priorities is the legalization of cannabis for adult use. Those familiar with the United States’ cannabis policy climate will recognize a similar struggle underway in Germany between liberal and conservative political positions. Interestingly, both liberals and conservatives in countries like the U.S. and Germany want legalization, but differ on how to enact it. Let’s look at the state of adult-use cannabis in Germany and examine the international examples that would best inform market entrant strategy for this burgeoning industry. Politic Divides Must Not Muddle Market Priorities The German liberal coalition — consisting of the Social Democrats (SPD), the Green Party, and the Free Democrats (FDP) — have the legalization of adult-use cannabis on their docket as well as an entire suite of progressive initiatives such as phasing out coal by 2030, increasing voters’ rights, raising the minimum wage, and streamlining immigration. In addition to this ambitious set of initiatives, the creation of rules and regulations for the adult-use cannabis market could take six months or more.
Mmp News Author, Medical Marijuana Program Connection, 01/21/2022 06:17:00
‘Thrifty’ Clever Leaves Looks To Bolster Its European Ambitions
CLEVER Leaves, a multinational global cannabis producer, has been granted a license to more than double its cultivation facility in Portugal as it looks to Europe to help boost revenues after a difficult debut year as a listed company. In December, the company announced that the Portuguese health authority Infarmed had greenlit the expansion of its cultivation facility by around 150,000sq ft, seeing its total footprint increase to nearly 260,000sq ft in the São Teotónio region. Production on the expansion at its Portuguese facility, which currently exports to the UK, Israel, Australia, and the US, has already begun and Clever Leaves expects the first commercial product to be market-ready in the ‘second or third quarter of 2022’. The major expansion comes less than a year after Clever Leaves secured its GACP certification and generated its first revenues from its Portuguese facility during the first four months of 2021. Clever Leaves CEO Kyle Detwiler told BusinessCann that while its Portuguese facility is ‘a lot smaller than its facility in Columbia, which spans 1.8m sq ft and produces around 55% of the country’s cannabis exports, the ‘quality is a little different.
Cannabis Business Executive – Cannabis and Marijuana industry news, 01/20/2022 08:37:00
Missouri Lawmaker Files Bill To Decriminalize Low-Level Drug Possession
A Missouri lawmaker on Tuesday filed a bill to decriminalize a range of drugs including marijuana, psilocybin, LSD, MDMA, and cocaine. The legislation, sponsored by Rep. Peter Merideth (D), would amend state statute by making low-level possession of various drugs punishable by a maximum $100 fine or “participation in a treatment program” if approved by a court, or both. Currently, possessing any amount of controlled substances except marijuana is considered a class D felony that carries up to seven years in prison and a maximum $10,000 fine. The bill lays out the specific possession amounts that would be decriminalized: up to 10 grams of cannabis, one gram of heroin, one gram of MDMA, two grams of methamphetamine, 40 units of LSD, 12 grams of psilocybin, 40 units of methadone, 40 oxycodone pills and two grams of cocaine. Possessing up to 10 grams of marijuana under current law is a misdemeanor but does not come with the threat of jail time, a policy that advocates often refer to as decriminalization even though it’s technically still a crime. The new legislation would formally reclassify the offense—as well as those for having small amounts of the other drugs—as an infraction.
Kyle Jaeger, Marijuana Moment, 01/20/2022 10:53:00
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Marijuana lobby pushes Missouri lawmaker to cap number of licenses
A major seller of marijuana-infused chocolate bars and vape cartridges this week pushed the author of the so-called Cannabis Freedom Act to cap cannabis business licenses in his plan to fully legalize the drug, the lawmaker said. Rep. Ron Hicks, R-Defiance, sponsor of...
New Mexico cannabis industry divided over market saturation fears
Budtenders Sebastian Torrez left, and Hannah Renick sell products to customers at the Ultra Health cannabis dispensary at 7401 Menaul NE. (Roberto E. Rosales/Journal) Arizona had about 73 adult-use dispensaries licensed when recreational sales began at the start of...
Kanabo Launches eCommerce Platform to Help Improve Wellbeing of Millions of People
Kanabo, the UK medicinal cannabis company focusing on the development and distribution of cannabis-derived products for medical patients, is launching its eCommerce platform for wellness CBD consumers. The Kanabo. store will cater to the UK market initially and then...
Two Pueblos sign a deal with N.M. to begin selling legal marijuana. Will it keep feds at bay
Legal recreational cannabis sales begin in New Mexico this week, and two tribal communities are ready to jump into the industry. The Pueblos of Picuris and Pojoaque signed an intergovernmental agreement with New Mexico that allows them to regulate their own marijuana...
Zimbabwe Govt Offers New Guarantees and Incentives for Cannabis Investors & Establishes Green Industry Fund
Looks like Zimbabwe’s govt is loosening the reins to try and encourage investment Cannabiz Africa reports… Zimbabwe is offering international cannabis investors the option of owning 100% of their operations and the right to choose where in the country they would like...
NJ delays sales of recreational cannabis again, but approves first batch of companies
New Jersey residents hoping to buy marijuana at a dispensary without a medical card will have to wait a little longer. New Jersey cannabis regulators approved the first batch of businesses that will make up the state’s adult-use cannabis industry on Thursday, a cohort...
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