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How much THC can you legally eat or drink? – The EU sets the standard for cannabis-infused foods
How much cannabis can you put in a drink or food in Europe? The European Commission (EC), which is the regional unit charged with creating cannabis laws for all members of the EU, has finally released guidelines for the highest acceptable level of THC that can be...
Is China About To Ban Industrial Hemp In Cosmetics ? – Hemp Company Shares Tumble On Local Exchange
“If the ban is implemented, the domestic market for industrial hemp will be shut down. As a result, exports may be the only solution for our survival,” Pan Zongbing, general manager of Hankang Yunnan Biotechnology Corp, told the Global Times on Monday. This means...
Bluma Wellness Obtains Final Order Approving Arrangement with Cresco Labs
Bluma Wellness Inc. (“Bluma Wellness”) announced that the Company has obtained a final order of the Supreme Court of British Columbia approving the previously announced acquisition of the Company by Cresco Labs Inc. (“Cresco”), by way of a plan of arrangement under...
The Year of Cannabis Business Consolidation
In a budding industry, every year seems to possess a distinct significance. As someone who has traversed the globe advising on all things cannabis for more than a decade, I can confidently say that no two years have been the same. New patterns and market fluctuations...
US Banks Happy to Have Cardholders Buy Weed Online
Banks including Citigroup and Bank of America were happy to look the other way when customers used their credit and debit cards to buy marijuana online, said lawyers defending two men accused of defrauding banks into processing pot purchases. “Marijuana is a big...
High Tide Announces Filing of Form 40-F with SEC Fulfilling a Significant Milestone for the NASDAQ Listing
“We were the first Canadian cannabis retailer to pursue this prestigious listing on Nasdaq and we believe it will allow us to greatly expand our shareholder base, enhance shareholder value and accelerate our already aggressive M&A initiatives in Canada, Europe,...
SAFE Banking Act to be Refiled on Heels of $17.5 Billion in U.S. Cannabis Sales in 2020
A bipartisan group of House co-sponsors is set to give cannabis-related banking reform another go as the industry still lacks safe harbor for its financial institutions. State-legal cannabis companies aren’t stashing large stacks of cash behind walls or rubber-banded...
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