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US cannabis firm to light up Thai weed scene
A Las Vegas-based cannabis company has become the first foreign franchise to jointly open a medical marijuana clinic in Thailand, treating Parkinson’s, Alzheimer’s, cancer, eating disorders, and insomnia in Bangkok’s flashy tourist zone. “I hope that Thailand becomes...
Nearly 900 New Mexicans are applying to grow recreational cannabis
Indy White is with Purlife, an Albuquerque-based medical marijuana dispensary now gearing up to serve the recreational market. “What we’re trying to do is be able to grow on a larger scale to be able to serve more of New Mexicans, not just the medical cannabis...
Arizona Brings In $21 Million In Marijuana Tax Revenue For July, With Recreational Sales Catching Up To Medical
Arizona brought in about $21 million in medical and adult-use marijuana tax revenue in July, state officials reported on a new webpage that enables people to more easily track how the industry is evolving. Medical cannabis taxes were slightly higher at $5,485,102 last...
Feds Finance Research into Use of Hemp as Ecofriendly Insulation
The U.S. Department of Energy (“DOE”) is funding a project to develop hemp fiber insulation, which in comparison to traditional preparations, is said to be better for both public health as well as the environment. In addition to awarding almost $200,000 to facilitate...
INDIVA Granted Exclusive Rights to DeepCell™ Industries’ Products in Canada
DeepCell commercializes products by licensing its technology and trademarks to licensees with appropriate cannabis production and distribution licenses. Exclusive License Pursuant to the license agreement (the “License”), INDIVA acquires exclusive rights in Canada to...
Current Trends in Banking for Cannabis-Related Businesses
Cannabis is still federally illegal and is included on Schedule 1 of the Controlled Substances Act (CSA), along with such other substances as heroin, fentanyl, and methamphetamines.1 It is a federal crime to grow, possess or sell cannabis. Despite being federally...
Tech and Traffic are Now More Valuable Than Weed Itself Now
The marijuana industry just changed by 360 degrees as tech companies are now buying MSOs and cannabis licenses. The cannabis industry headlines lit up recently as software and delivery operator EAZE stepped up and bought an MSO. Ho-hum, nothing to see here, just a...
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