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West Virginia Seeks Financial Institution to Handle Medical Marijuana Money
April 23rd, 2019West Virginia Seeks Financial Institution to Handle Medical Marijuana Money State lawmakers passed a bill earlier this year to allow financial organizations, like credit unions, to bid for the job. CHARLESTON — The state Treasurer’s Office hopes to have a request for proposal (RFP) issued within the next month with the goal of hiring a […]
Canopy Kicks Off Cross-Border Cannabis Consolidation
April 22nd, 2019By Kristine Owram |April 21, 2019, 8:00 AM EDT Cross-border cannabis consolidation has begun. Canopy Growth Corp. announced Thursday that it’s buying Acreage Holdings Inc. in a $3.4 billion deal that keeps it onside with stock-exchange rules while giving it an entry point to the U.S. market the moment federal legalization occurs. The deal is “the most […]
Cannabis users need more anesthesia during surgery, more opioids after
October 26th, 2020While there is significant evidence cannabis can be used to treat chronic pain, a new study suggests it might not be useful for other types of pain and may, in fact, cause harm. Unpublished research presented at the Anesthesiology 2020 annual meeting shows prior cannabis use may interfere with anesthesia during surgery and is associated […]
Cannabis use and sleep deficits genetically linked
October 26th, 2020We know cannabis use affects sleep. While it has been used for centuries to improve sleep, there is more recent evidence it can also interfere with sleep depending on the amount used. But why? A published study in the journal Sleep sheds some light on this connection by showing certain shared genes predispose people to […]
Synthetic cannabinoids linked to increased hospitalizations and deaths in older adults with COPD
October 26th, 2020A study out of St. Michael’s Hospital in Toronto has found prescription synthetic cannabinoids are linked to a 64-percent increase in death in older patients with chronic obstructive pulmonary disease (COPD). These oral drugs—nabilone and dronabinol—have a chemical structure similar to THC and are often prescribed to treat symptoms associated with COPD, including pain, sleep […]
Detroit sets plans for recreational cannabis sales
October 26th, 2020Officials in Detroit, Michigan’s largest city, finally announced the rules for allowing licensed adult-use marijuana sales with an effort toward giving social equity applicants a leg up in the market. The Detroit Metro Times reported that the City Council decided during a Monday meeting to allow: 75 licenses for retail stores. 35 consumption establishments. 35 […]
Health Canada aims to cut emissions with virtual cannabis inspection pilot
October 26th, 2020Canada’s federal cannabis industry regulator has launched a two-year pilot project exploring virtual inspections of marijuana production sites, with the goal of reducing carbon emissions. That could ultimately lead to a greater number of cannabis inspections, according to a licensing expert. The project, called “Eagle Eye,” has received 151,753 Canadian dollars ($115,000) in funding over […]
A case study in how to develop a national cannabis flower brand
October 25th, 2020National cannabis brands are common in several sectors including infused products, vape pens and retail. But the industry has not seen many national flower brands. A case study in how to develop a national cannabis flower brand is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Week in Review: Two states start medical marijuana sales, MT measure survives, Oregon streamlines licensing & more
October 24th, 2020Medical marijuana sales began in Missouri after voters approved legalization two years ago. Dispensaries in the St. Louis area reported strong interest as Missouri became the 34th state to launch a full-blown MMJ program. MJBizDaily takeaway: Put another pin in the U.S. map of states that have legalized medical cannabis. The Marijuana Business Factbook estimates […]
Majority of recent cannabis busts in Ontario involved medical grows, police say
October 23rd, 2020Ontario’s provincial police service is trumpeting summer and fall seizures of illicit cannabis plants in Canada’s most populated province, highlighting large seizures of marijuana from “52 large-volume illegal operations” between July 1 and Oct. 15. Detective inspector Jim Walker of the Ontario Provincial Police (OPP) organized crime enforcement bureau told Marijuana Business Daily that the […]
L.A. marijuana delivery lawsuit could be flashpoint among industry stakeholders
October 23rd, 2020This story has been updated with a comment from Adam Spiker, executive director of the Southern California Coalition. The most recent legal fight facing Los Angeles’ marijuana licensing process is a lawsuit seeking to overturn a new requirement that all delivery permits go only to qualified social equity applicants. The legal action has divided the […]
Newly enforced law might harm Italy’s medical cannabis market, pharmacies warn
October 23rd, 2020Italian regulators have reminded pharmacies they are barred from shipping medical cannabis preparations to customers, a major departure from how patients have accessed the medicine for years in the southern European country. Business and patient groups warn that a government crackdown on such shipments – based on a 30-year-old law – could turn back the […]
Supply glut grows for Canadian edibles, dried cannabis
October 23rd, 2020The discrepancy between sales of cannabis edibles and inventory in Canada is growing, according to the most recent data from the federal health regulator. In June, roughly 7.8 million packaged units of cannabis edibles were held in stock by federal license holders, provincial distributors and retailers. That compares with sales of 1.1 million units in […]
Nevada cannabis companies face penalties for violations
October 23rd, 2020Two Nevada marijuana companies might lose their business licenses and incur fines from state authorities for alleged violations of industry regulations. The case appears to represent a new push by regulators to crack down on cannabis companies in the state that don’t abide by all the rules. During a meeting of the Nevada Cannabis Compliance […]