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Cannabis capital raises cool

Cannabis capital raises cool

USA, July 11, 2019 (MARIJUANA BUSINESS DAILY)- While the hot streak of capital raises may have chilled slightly in recent weeks, the North American cannabis industry is still far outpacing last year’s totals in terms of overall money raised. So far in 2019, total raises were led by $5.2 billion …

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Recreational market has apparently impacted on medical cannabis market

Recreational market has apparently impacted on medical cannabis market

Australia, July 8, 2019 (HEMPGAZETTE)- The legalising of cannabis in Canada for the recreational market has apparently impacted on accessibility to medical cannabis – and created other issues. A survey commissioned by Canadians for Fair Access to Medical Marijuana (CFAMM), the Arthritis Society and the Canadian Pharmacists Association (CPhA) carried …

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Congressional panel aided to support states-rights cannabis legislation

Congressional panel aided to support states-rights cannabis legislation

USA, July 10, 2019, (MARIJUANA BUSINESS DAILY)- The head of a cannabis industry lobbying group urged U.S. Congressional lawmakers Wednesday to pass legislation to protect state-legal marijuana businesses and resolve the “untenable” conflict between state and federal marijuana laws. Neal Levine, chief executive officer of the Cannabis Trade Federation, called …

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Colorado has made around $1bn from legal cannabis industry

Colorado has made around $1bn from legal cannabis industry

London, June 13, 2019, (INDEPENDENT)- Colorado has made more than $1bn (£789m) since it legalised cannabis 2014, with more than 41,000 people now licensed to work in the industry. It is the latest milestone for the state which has been home to more than $6.5bn in total cannabis sales since legalisation. April, which includes …

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New rules for medical cannabis in Israel

NEW RULES FOR MEDICAL CANNABIS IN ISRAEL

Users of the drug are skeptical that the new system will actually make it easier for patients to access medical cannabis. Israel, July 5, (THE JERUSALEM POST)- Cigarettes filled with medical cannabis are seen at Pharmocann, an Israeli medical cannabis company in northern Israel January 24, 2019. Picture taken January …

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THC limit that will apply to such products is simply too low for many medical patients

THC limit that will apply to such products is simply too low for many medical patients

Canda, June 30, (BOTANIQ)- The head of NICHE Canada says she was disappointed not to see any medical carve-out, or a different class or products for cannabis patients, in the recently revealed regulations for edibles in Canada. The 10 mg THC limit that will apply to such products is simply …

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CBD as Natural Health Product

CBD as Natural Health Product

Montreal, June 21, 2019, (LEAFLY)- When a Health Canada representative told a media call last week the agency had “committed to conducting further consultations on the precise question of CBD as a Natural Health Product (NHP),” some expressed pessimism such consultations would arrive quickly. There were no timelines in last week’s new regulations …

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FSD Pharma has acquired all outstanding shares of Prismic

FSD Pharma has acquired all outstanding shares of Prismic

USA, July 2, 2019, (PROACTIVE INVESTORS USA)- FSD Pharma also has agreed to assume approximately US$3.05 million of outstanding Prismic long- and short-term liabilities. FSD Pharma Inc (CSE: HUGE) (OTCMKTS:FSDDF) announced Tuesday it has closed on the deal to acquire US-based specialty research and development pharma company Prismic Pharmaceuticals Inc. The …

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Alabama drugstores and CBD ingestibles

Alabama drugstores and CBD ingestibles

Pharmacies in Alabama now can join gas stations and other retailers cleared to flout federal restrictions on CBD products. A new law removing hemp from Alabama’s controlled-substances list allows pharmacies to carry CBD dietary supplements, something other retailers in Alabama already had been given permission to do. Pharmacies in Alabama said they …

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The markets for industrial hemp are growing

The markets for industrial hemp are growing

CANADA, June 19, 2019 (GLOBAL NEWS)- The markets for industrial hemp are growing as people who attended Canada’s Farm Progress Show in Regina learned on Wednesday. Andrea Eriksson, a business development officer at NorQuest College, said it’s one of the fastest growing industries in North America. “It’s a very hearty crop,” Eriksson said. “It grows …

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