United States

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Wed
08
Mar

South Dakota House Approves Cannabidiol Measure

House lawmakers have passed a bill that would allow people in South Dakota with a prescription to use a non-intoxicating compound found in marijuana if it’s approved by the U.S. Food and Drug Administration.

Members voted 54-13 Tuesday for the bill, which will be sent back to the Senate to consider changes made in the House.

The legislation would exclude cannabidiol, if it receives FDA approved, from the definition of marijuana in state law and classify it as a Schedule IV controlled substance that could be prescribed.

Republican Rep. Spencer Gosch, the bill’s main House sponsor, says it would allow cannabidiol to be available to children with seizure disorders.

Tue
07
Mar

Debate Over Recreational Heats Up In Connecticut

Supporters of legalizing pot in Connecticut argued Tuesday that the time has come to control and tax marijuana in the same way alcohol is regulated, warning that pot prohibition has failed.

Democratic and Republican lawmakers said at a morning news conference that legalization of recreational cannabis would end the illegal market in pot, halt the unnecessary arrest of thousands of people for possession, bring in tens of millions of dollars in new tax revenue and create new jobs.

But opponents of legalization staged their own competing news conference in advance of the major legislative hearing today on pro-pot bills.

Tue
07
Mar

Growing Weed in an Israeli-New Mexican Lab

“It is history in the making for an Israeli company to bring the tidings to the citizens of New Mexico.”

An Israeli and New Mexican company have joined forces to launch the first-ever pharmaceutical cannabis production lab in the United States.

The Lod-based Panaxia Pharmaceutical Industries Ltd. and the Albuquerque, New Mexico-based Ultra Health have opened a facility in Bernalillo, New Mexico, that will manufacture smokeless, accurately dosed cannabis medication in a variety of delivery methods, the companies announced this week in a joint statement.

Tue
07
Mar

Legal Weed Is Revitalizing Huntington, Oregon Thanks to Out-of-State Visitors

Idaho license plates line the parking lots of Huntington's pot shops.

Idaho Governor Butch Otter hates weed. Not only is his state one of the last without any sort of medical or recreational marijuana program whatsoever, Otter has even recently gone on record urging Trump to pursue a federal crackdown on states with legal marijuana laws. But despite the governor’s disapproval, Idaho’s residents are getting their hands on the marijuana they want elsewhere, and it’s bringing much needed financial relief to one struggling Oregon town.

Tue
07
Mar

California’s Looking for New Tax Revenue? Weed ’em and Reap

THE STONERS HAVE spoken: Recreational marijuana is now legal in eight states and Washington, DC. Thanks to the passage of Proposition 64, California is one of them, making it the country’s largest cannabis market—the state will start issuing sales licenses by January 1, 2018. Now, as long as the Trump administration doesn’t confiscate our stash, regulators, lawyers, and scientists have some big hazy questions to navigate, from how to keep digital tabs on up to 25,000 licensed growers to how to evaluate THC-­related DUIs.

Tue
07
Mar

Wana Brands Strengthens Marketing Team with Addition of Brand Manager

Producer of cannabis-infused edibles dominates Colorado market, builds on brand platform for national expansion

As the company prepares for growth into new markets, Wana Brands--Colorado’s No. 1 infused gummie manufacturer--has expanded its ranks with the addition of marketing expert, consumer analyst and award-winning fine artist Julia Bright as Brand Manager. Wana Brands co-owner Nancy Whiteman made the announcement. Bright is based out of Wana Brands’ Boulder headquarters and reports directly to Whiteman.

Tue
07
Mar

What Is the Future of Recreational Marijuana in Trump's America?

It’s a movement charging ahead — for now.

Legalizing recreational marijuana is currently a priority in more than a dozen states as polls show overwhelming support and lawmakers see a way to bring in hundreds of millions of dollars in tax revenue. So far, eight states have legalized recreational cannabis.

But in recent weeks, the Trump administration has alarmed some pot supporters by warning states that have legalized recreational marijuana — California, Colorado and Oregon, among them — that federal law enforcement agents could soon come after them.

Tue
07
Mar

High Times and Uncertainty as Marijuana Startup Eaze Looks to the Future

It’s a terrifying and exciting time to be running a tech startup with a business model that’s entirely dependent on the state’s legal marijuana industry.

California voters in November approved recreational use of marijuana, and on-demand cannabis delivery company Eaze expects that by expanding into that market, it can grow its customer base to more than five times its current size. At the same time, the burgeoning industry faces potential challenges from the new Republican administration and Attorney General Jeff Sessions, who has spoken out against legalization in the past.

Tue
07
Mar

Trump Tuesday: Get Out (of the White House) - Video

”Get Out” is being universally praised by critics for its ability to sprinkle social commentary over the mixed combination of horror and comedy.

The directorial debut of Jordan Peele, who also wrote and produced the film, follows a young black man who is meeting his white girlfriend’s parents for the first time. But the visit doesn’t turn out as he planned, hoped or wished it would.

Tue
07
Mar

3 Cannabis Developments to Know: GW Pharma, Canopy Growth, Aurora Cannabis

The cannabis sector is in the early innings of a multi-decade growth cycle that should create more millionaires than the tech boom.

Today, want to provide an update on some of the corporate initiatives at some of the leading global cannabis companies.

Leading Biotech Company Announces New CFO

GW Pharmaceuticals plc (GWPH) announced the appointment of Scott Giacobello as Chief Financial Officer. Giacobello will be based out of Carlsbad, California. The previous CFO (since 2012), Adam George is the Managing Director – UK, a newly-created executive role with broad leadership responsibilities for UK operations.

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