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Featured Articles
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...
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...
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in Michigan announced on Friday that a plan to allow cannabinoids derived from hemp to be processed into THC would be withdrawn from...
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...
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...
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...
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MGC Pharmaceuticals Enters Partnership with Sciensus Rare for Distribution of Cannabinoids to Treat Refractory Epilepsy, Dementia and Alzheimer’s in the EU and UK
MGC Pharmaceuticals Enters Partnership with Sciensus Rare for Distribution of Cannabinoids to Treat Refractory Epilepsy, Dementia, and Alzheimer’s in the EU and UK MGC Pharmaceuticals Enters Partnership with Sciensus Rare for Distribution of Cannabinoids to Treat Refractory Epilepsy, Dementia and Alzheimer’s in the EU and UK LONDON, April 5, 2022 /PRNewswire/ — MGC Pharmaceuticals Ltd., a European based biopharma company specializing in the production and development of phytomedicines, has signed an exclusive distribution agreement with Sciensus Rare, a part of UK health care group, Sciensus, for the distribution of CannEpil® and CogniCann® in key European territories and the UK. (PRNewswire) The agreement is for the distribution in key European territories and the UK for CannEpil®, used to treat Drug-Resistant Epilepsy, and CogniCann®, used to treat patients with Dementia and Alzheimer’s disease. Sciensus Rare is an international pharmaceutical company based in the Netherlands, specializing in the provision of rare disease medicines through decentralized clinical trials and medical early access programs, with over 30-year of experience in providing health care services, and expanding medical access for products in Western Europe.
WCSC, Live 5 News, The Lowcountry’s News Leader – Live5News.com, 04/04/2022 20:00:00
A lesson in cannabis cultivation – Here’s how marijuana company of America developed greater & quicker cannabis yields
The path from innocent cannabis seed to luscious marijuana bud is fraught with danger. Almost like the main character in a video game, the marijuana seedling must successfully fight off threats in five successive levels before it’s capable of reaping the fruits – in this case, the buds – of its labor. Because of the plant’s delicateness, cannabis operators must think long and hard about the cannabis cultivation process. (Benzinga) One of the key decisions in a marijuana seed’s path to harvest is the form of cultivation. Like all plants, marijuana plants grow from seeds, but they can also grow from clones. Taking a page out of science fiction novels – or maybe the other way around – marijuana plants can create genetically identical copies of themselves, which, like their regular counterparts, can produce the buds needed to make cannabis products. There’s heated debate on which cultivation starting point – seed or clone – is superior, but for Marijuana Company of America Inc., the decision is clear: clones provide quicker and greater yields than seeds.
420 Intel – Marijuana Industry News, 04/05/2022 20:00:00
Firm Selected by DEA to Cultivate Research-Grade Marijuana Seeks NASDAQ Listing
A Fort Lauderdale, Florida-based company that has been tapped by the U.S. Drug Enforcement Administration (DEA) to cultivate cannabis for scientific research could soon make history by becoming the first American cannabis company to trade its shares on Nasdaq. Bright Green Corp. recently filed paperwork with the U.S. Securities and Exchange Commission to trade its shares under the moniker BGXX on the Nasdaq market. The Florida company noted in its SEC filing that the DEA had granted it “conditional approval” to produce cannabis for research purposes. Once the cannabis company receives regulatory approval, investment advisor EF Hutton will calculate its initial share price for the market. Bright Green Corp. began building a massive $300 million cannabis cultivation and manufacturing plant in rural New Mexico after receiving a memorandum of agreement (MOA) from the DEA. A public statement released at the time by New Mexico Governor Lujan Grisham said that the facility would bring around 200 research and agricultural jobs, and 170 construction jobs to New Mexico. Bright Green’s majority owner Lynn Stockwell said at the time that the project would place her company and the state of New Mexico at the forefront of cannabis research.
CannabisNewsWire, 04/05/2022 16:20:00
Lawmakers on opposite sides of marijuana debate say more potent pot is needed for research
Representatives Andy Harris, Republican of Maryland, and Earl Blumenauer, Democrat of Oregon, agree on little related to the legalization of marijuana. Harris opposes it for recreational use and also thinks that as a medicine, it should be scaled back. Blumenauer is pushing for pot to be decriminalized. But the two agree on this — that researchers simply don’t have enough access to more potent, high-quality weed, and more producers should be able to grow pot for research. Their bill that passed the House Monday — after being introduced in several Congresses before — would ease the way for producers at a time when more states are looking at decriminalizing marijuana. The House last week passed a bill to legalize marijuana, although its fate in the Senate is more uncertain. Currently, researchers at universities and government agencies can’t just walk to a street corner or park to pick up some weed for their studies because it’s still an illegal substance regulated by the Drug Enforcement Administration. For years, the DEA has stipulated that researchers can only use marijuana from a single government site, which is located at the University of Mississippi.
420 Intel – Marijuana Industry News, 04/05/2022 20:00:00
Workers at St. Louis medical marijuana dispensary vote to form a union
Workers at a St. Louis medical marijuana dispensary have voted to unionize, becoming the first cannabis workers in Missouri to do so, a local chapter of the United Food and Commercial Workers announced on Monday. All eight workers in the bargaining unit at the Root 66 dispensary on South Grand voted in favor of the UFCW representing them in contract negotiations with management, a news release from the union said. “Cannabis workers across the country are voting to join a union because they know it’s the best way to secure good wages and benefits on the job,” said David Cook, president of Local 655 of the UFCW. “Workers need economic security and fair treatment in the workplace, and cannabis workers are no different,” he said. “We are committed to helping cannabis workers across Missouri.” Joseph Delia, chief operating officer of Root 66, did not immediately respond to a request for comment on Monday. The official name of the company is GF Wellness. Local 655 said workers voiced concerns about wages, paid sick leave, and vacation time during the unionization campaign.
Jack Suntrup, stltoday.com | the #1 St. Louis website, 04/04/2022 20:07:00
427 applications seek prequalification for Vermont retail cannabis market
Vermont has started taking prequalification applications from potential marijuana growers, retailers, product manufacturers, and others as it prepares for a retail cannabis market to open this fall. As of midday on Tuesday, 427 had applied for prequalification, including 66 potential retailers, according to James Pepper, chair of the state’s Cannabis Control Board. The application process for licenses starts later, opening first for small growers and testing facilities on Friday, all cultivators on May 1, product manufacturers and wholesalers on July 1, and finally for retailers on Sept. 1, according to the board’s website. Republican Gov. Phil Scott on Friday also signed a bill into law that establishes fees for cannabis retailers and cultivators. Vermont is among 18 states and Washington D.C. that have legalized cannabis for adults 21 and older, according to the Marijuana Policy Project. Currently, twelve states have retail cannabis sales for adults, the project said. But Pepper cautioned that as in other states it will take time for Vermont to develop its supply chain including cannabis product manufacturers and testing facilities.
Cannabis Law Report, 04/04/2022 21:04:00
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US-based Actively Managed Marijuana Fund Launches
Investors gain another entry to marijuana investing thanks to the launch of a new actively managed fund. Foothill Capital Management announced the launch of its new open-end mutual fund, the “Cannabis Growth Fund” (CANNX), on Tuesday (February 26). Eric Banhazl,...
Kentucky governor says medical marijuana executive order likely
Gov. Andy Beshear sounded increasingly confident Thursday that he will have the leeway to take “at least some executive action” to make medical marijuana legally accessible in Kentucky. It was the governor’s strongest signal yet that he might singlehandedly allow...
New York Regulators Approve More Marijuana Cultivators As State Prepares To Launch Retail Sales ‘This Year’
New York regulators on Thursday approved a second batch of applications for recreational marijuana cultivators as the state prepares for the launch of retail sales “later this year.” The Cannabis Control Board (CCB) granted an additional 36 cultivator licenses for...
New Hampshire House Votes To Give Senate ‘Another Chance’ At Passing Marijuana Legalization
The New Hampshire House of Representatives isn’t giving up on marijuana legalization just yet, with members taking a new approach to reform after the Senate defeated two cannabis bills last week. While the Senate voted against separate proposals to legalize marijuana...
Why Are So Many Cannabis Businesses Losing Money Hand Over Fist?
Despite all the hardships that come with being in the cannabis business, it hasn’t stopped many from starting their own with the hopes that one day soon, cannabis will finally be federally legal. This article originally appeared on Cannabis.net and has been reposted...
New York Cannabis Regulators Approve 36 New Grow Licenses
The list of hemp farmers approved to cash in on New York’s forthcoming adult-use cannabis market grew by 36 on April 5. The state’s Cannabis Control Board (CCB) members voted in favor of issuing the conditional adult-use cannabis cultivation licenses for the list...
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