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Proposal would shield Louisiana’s state employees who use medical marijuana
The House Committee on Labor and Industrial Relations unanimously advanced a bill Thursday that would protect Louisiana’s state employees who are legally treated with medical marijuana. House Bill 988, sponsored by Rep. Mandie Landry, D-New Orleans, protects state...
Medical marijuana product sales up 1.1% in April
Medical marijuana patients spent $24 million in April at the state’s 38 dispensaries to obtain 4,213 pounds, up from the 4,166 pounds sold in March. Hot Springs is home to two of the top five dispensaries for the amount of product sold. Sales for the first four months...
Medical Marijuana Inc Reports 78 Million in Net Revenue
Medical Marijuana, Inc, the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today its financial results for the quarter ending March 31,...
This New York State Senator just presented 2 new cannabis bills
Senator Jeremy Cooney (D-Rochester) announced Wednesday a package of two cannabis bills designed to lay the additional groundwork for the future of legalized cannabis in New York State. Senate Bill S.9217 would permit New Yorkers to cultivate cannabis in licensed...
Massachusetts Marijuana Establishments Surpass $3 Billion in Gross Sales
Aggregate data recorded in Metrc by 216 Marijuana Retailers and 11 delivery businesses operating statewide showed that on May 14, $3,001,846,490 in gross sales had been generated since the first two adult-use retail stores on the East Coast opened for business on...
State Marijuana Regulators Say Banking Fix Will Make Their Jobs Easier In Addition To Helping Businesses
As lawmakers work to advance marijuana banking reform, a coalition of cannabis regulators representing 40 U.S. states and territories are explaining to Congress just what the current lack of access to traditional financial services means—not just for the businesses...
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Germany Speeds Up The Process To Legalize Recreational Cannabis
When Germany’s new coalition included the legalization of recreational cannabis in its political agenda in late 2021, there were few details on how to regulate the industry. However, Health Minister Karl Lauterbach announced last week that it would start the legal process for cannabis legalization soon. He told the German newspaper Handelsblatt he changed his mind on legalization over the past two years, and he now believes the dangers of non-legalization outweigh the risks of recreational cannabis legalization. “I’ve always been opposed to cannabis legalization, but I revised my position about a year ago,” he said. In addition, Finance Minister Christian Lindner confirmed that the process of legalizing recreational cannabis has started.“A question that people keep asking me: ‘When will Bubatz [German street slang for cannabis] be legal? I would say: soon,” he wrote in a tweet on April 6. Justice Minister Marco Buschmann announced on the same day that he is planning a comprehensive technical preparation to legalize cannabis through a consultation process together with the Ministry of Health and other departments. The process will also involve the federal states, municipalities, associations, science, and civil society players. According to Lauterbach, the technical talks will likely start this summer, and a draft bill is expected to follow in late 2022.
Cannabis Business Executive – Cannabis and Marijuana industry news, 05/09/2022 08:24:00
Argentina’s Congress Aprroves Law To Create Reg Framework “for public and private investments in the production of pharma-grade cannabis products.”
Benzinga reports The law still needs to be signed by President Alberto Fernandez. Lance Lambert, VP of marketing and business development for Nevada-based brand GreenBroz Inc., said the country’s population of over 45 million is “one to watch and be ready to take advantage of when the time is right.” The law passed the Senate last year, with ample support from state governors who are betting on cannabis to promote economic growth and sustainable development. The legislation does not legalize recreational cannabis, rather, creates the ARICCAME (Regulatory Agency for Hemp and Medicinal Cannabis), the agency that will regulate the production of cannabis for medicinal and industrial purposes. The agency will coordinate with state governments when and if cannabis and hemp licenses are approved, gaining a prominent role in the regulatory process. The law also provides cannabis businesses with access to traditional banking and establishes a streamlined regulatory process for hemp producers. Thursday’s decision in the Chamber of Deputies has been pending since July of last year when, after being proposed by the national government, it was later blocked by the opposition over disagreement on the details.
Cannabis Law Report, 05/07/2022 22:43:00
Michigan regulators say no to THC from hemp
Regulators in Michigan have nixed a proposal to allow the conversion of cannabinoids derived from hemp into THC. Regulators in Michigan announced on Friday that a plan to allow cannabinoids derived from hemp to be processed into THC would be withdrawn from consideration. The announcement came only two days after the Michigan Marijuana Regulatory Agency (MRA) was renamed and given new authority over the state’s hemp industry under an executive order issued by Governor Gretchen Witmer earlier this year. Under proposed rules announced by the MRA in January, hemp growers would have been permitted to sell their crops to licensed cannabis processors, who would then use a laboratory process to convert cannabinoids such as CBD into THC. The agency, now named the Cannabis Regulatory Agency, announced on Friday that the plan would not be approved. “After receiving a significant amount of public comment regarding safety concerns and the lack of scientific and public health data related to the conversion process outlined in the proposed industrial hemp rules … the Cannabis Regulatory Agency (CRA) has withdrawn this request for rulemaking,” the agency announced on Friday.
420 Intel – Marijuana Industry News, 05/08/2022 20:00:00
Open article: https://420intel.com/articles/2022/05/09/michigan-regulators-say-no-thc-hemp
NJ Legislators File Bills Seeking to Prevent Off-Duty Cannabis Use by Police
News outlets have reported about the controversy that had arisen when the New Jersey attorney general penned a memo clarifying that, under existing law, police officers aren’t barred from consuming cannabis while off duty. As a result of that memo, several bills have been filed in order to empower employers, including law enforcement agencies, to ban the use of marijuana by people occupying safety-sensitive jobs, including those in law enforcement. One of the three measures that have been filed aims at giving law enforcement agencies the authority to act against the police for consuming marijuana even while off duty. This particular measure was filed by Rep. Louis Greenwald, a Democrat. His bill will also give law enforcement agencies leeway to undertake random testing for drugs and also turn down any applicants who have a history of using cannabis in compliance with the laws of the state. At the moment, people serving in law enforcement agencies cannot be penalized for consuming marijuana as long as they don’t show up for work while impaired. This situation is concerning to the governor and other influential lawmakers who feel that police officers and other law enforcement personnel shouldn’t be allowed to consume cannabis.
CannabisNewsWire, 05/09/2022 04:20:00
Legal U.S. states are rushing to study the mental health impact of high-potency cannabis
There are several studies on the topic of cannabis concentrates and psychosis expected this year. Cannabis legalization has picked up speed in the U.S. over the last few years. The topic has become one of those unlikely things that people with differing political parties agree on, a substance that is now accepted, if not embraced, by many. Still, popular opinion differs on policies, an issue made strikingly clear by the amount of research there is to date on the drug. U.S. states that have enabled marijuana programs are now finding themselves rushing to study the drug and its possible side effects. Its long-term influence is not known, especially in relation to potent versions of THC and the effect that may have on the brain. Marijuana’s potency has increased over the years, particularly in concentrate products such as wax and shatter, which in the U.S. can have THC levels as high as 85 percent. For reference, a joint with a high potency may have about 20 percent THC. Several studies have found links between THC and mental health conditions, including psychosis.
420 Intel – Marijuana Industry News, 05/08/2022 20:00:00
Inside one of the first licensed medical cannabis labs in Britain
A sweet smell wafts through the air, as two men weave through the small room tightly packed with cannabis plants, growing high above their shoulders in a flush of intoxicating flora. This isn’t yet another illegal weed factory but one of the first licensed medicinal marijuana labs in Britain. Wielding a quantum sensor, microscope, and leaf barometer to check in on the 180 plants growing up to 1.5 meters tall out of waist-height hydroponic planters, the two men are agronomists – experts in the science of crop production – at the West Midlands plant owned by Celadon Pharmaceuticals. They want to ensure optimal light, oxygen, water, and nutrient levels and harvest the flowers after about nine weeks, from which cannabinoids are extracted and put into vials. The cannabis grown for medicinal purposes is under tightly controlled conditions that ensure consistency and high quality across batches at a secret location by a startup created in 2018, the year Sajid Javid, the then UK home secretary, authorized its use. Celadon uses an indoor lab rather than greenhouses Celadon is one of the few firms that grow medical cannabis in the UK but, unlike others, uses an indoor lab rather than greenhouses.
Mmp News Author, Medical Marijuana Program Connection, 05/09/2022 04:43:00
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Local Washington Lawmakers Approve Cannabis Safety Taskforce Amid Wave Of Robberies
King County Council has voted for a cannabis safety task force to aid in the prevention of crime targeting marijuana businesses. The legislation was sponsored by King County Councilmembers Reagan Dunn and Jeanne Kohl-Welles and passed by the King County Council on...
The Great Fertilizer Shortage: Russia’s Influence on Our Crops
The global supply chain was massively disturbed when the pandemic hit at the start of 2020, and the sanctions that have been imposed following Russia’s invasion of Ukraine this year are impacting the cannabis industry down to its roots. As the cost of fertilizer...
California Cannabis Farmers May Finally Get Some Relief
Residents of California often complain about high taxes, but no one pays higher taxes than the cannabis industry. In addition to the Federal 280E penalties, the cannabis industry in California is subject to a 15% state-wide excise tax, sales and use taxes that can...
Germany Legalization Speeding Up
Germany appears to be speeding up its cannabis legalization process. Finance Minister Christian Lindner tweeted cannabis will be legal “soon.” Health Minister Karl Lauterbach said there are a lot of technical details to work out, which are supposed to...
Canopy Growth Announces Plan to Acquire Jetty Extracts
Canopy Growth Corporation and Lemurian, Inc., a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, announced today that they have entered into definitive agreements providing Canopy Growth, by way of a wholly-owned...
New York Bill Encouraging Businesses To Use Hemp For Construction And Other Purposes Heads To Governor
The New York Senate and Assembly have passed a bill to encourage businesses to use hemp materials for packaging, construction, and other industrial purposes. After the final procedural steps, the measure will be on its way to the governor. The legislation amends state...
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