-
Cannabis, Hemp Execs On How Regulation Has Divided The Sectors
Monday, July 29, 2019 - 7:19am | 507While hemp and marijuana derive from the same plant, the two largely operate in two separate spheres. Some may think the two industries work together and support one another, but that is often not the case. In fact, friction has flared up over the years. Much of the friction boils down to...
-
This College Offers An Online Medical Cannabis Program For Health Care Professionals
Saturday, July 27, 2019 - 2:47pm | 288The Pacific College of Oriental Medicine, a school focused on integrative health care education, is now offering an accredited, college-level Medical Cannabis for Healthcare Professionals program. “The need for such a certificate is vast. Too many frontline health care workers are unprepared...
-
Study: The Future Of The Hemp Business
Friday, July 26, 2019 - 2:59pm | 507BioMD+, an organic hemp-derived CBD oil brand, has released an infographic called “The Future of the Hemp Business.” In the study, the brand explores the latest articles and scientific studies to showcase the current state of the hemp business in relation to its CBD products. CMO...
-
Organigram To Pre-Fund Purchase Of 60,000 Kilograms Of Dried Hemp Flower
Friday, July 26, 2019 - 11:30am | 346Cannabis producer Organigram Inc. (NASDAQ: OGI) announced Friday that it has signed an advance payment and purchase agreement with 703454 N.B. Inc., which operates as 1812 Hemp. Under the terms of the agreement, the company will pre-fund the purchase of 60,000 kilograms of dried hemp flower....
-
Are Most Adult Cannabis Consumers Actually Medical Users?
Friday, July 26, 2019 - 7:49am | 1279A major distinction has arisen within the ever-expanding community of cannabis producers, retailers, consumers and patients: are you a recreational user or a medical user? The adult use versus medical dilemma is seemingly the most basic question: “Why do I want to use this drug?...
-
Cannabis Experts: Smoking Lounges Sit At Intersection Of Market Demand, Legality
Thursday, July 25, 2019 - 12:25pm | 608As cannabis use becomes legal across more and more of the country on the state level, consumption lounges are popping up. In California, the cannabis cafe Lowell Cafe is slated to open Sept. 1 in West Hollywood. Local religious leaders and others have expressed concerns, indicating the...
-
Colorado's Free Leaf411 Hotline Plans Aims For September Launch
Thursday, July 25, 2019 - 11:10am | 407Public cannabis education is lagging the industry development, and the stigma surrounding the drug doesn't help. Two Colorado women decided to change this. Katherine Golden and Jennifer Axcell are launching Colorado’s free cannabis nurse hotline, according to the Denver alt...
-
Sundial Growers Announces $130M IPO
Wednesday, July 24, 2019 - 3:56pm | 282Canadian cannabis producer Sundial Growers Inc. announced Tuesday that it is undertaking an initial public offering of its common shares in the U.S. and Canada. The company has applied to list on the Nasdaq Global Select Market under the ticker symbol "SNDL." Sundial said it is...
-
The SAFE Banking Hearing: Congressional Committee Hears Testimony On Cannabis, Worker Safety, Legal Protection
Wednesday, July 24, 2019 - 3:02pm | 1123By Natan Ponieman, Javier Hasse and Andrew Ward. If passed by Congress and signed by President Donald Trump, the SAFE (Secure and Fair Enforcement) Banking Act would prevent the federal government from applying sanctions to banks working with cannabis businesses. The U.S. Senate...
-
American Police Consider Swiss Test Kit To Distinguish CBD Products From Marijuana
Wednesday, July 24, 2019 - 2:04pm | 294The difficulty in differentiating legal hemp products from marijuana could lead tot he wrongful arrest of people who possess legal CBD products. Up until recently, it was impossible for police to distinguish between the two without testing the products in a lab. Fortunately for CBD users and...
-
Cannabis Decontamination: What Is It And Why Is It Important?
Tuesday, July 23, 2019 - 4:15pm | 805While cannabis has many beneficial properties for both medical and recreational users, it also comes with intrinsic dangers like mold and yeast. Growing cannabis sometimes involves pesticides, and the water can be polluted. Most states where cannabis is legal have enacted legislation that...
-
WeedMD Rolls Out Cannabis Extraction Subsidiary
Tuesday, July 23, 2019 - 1:48pm | 275Medical-grade cannabis producer WeedMD Inc. (OTC: WDDMF) said Tuesday it has launched a new subsidiary, CX Industries Inc. CX Industries will work on perfecting extraction, toll processing and third-party product formulation from WeedMD’s Aylmer, Ontario facility, with the...
-
Cannabis M&A: Therapix Biosciences, Destiny Biosciences Plan Stock-For-Stock Deal
Tuesday, July 23, 2019 - 10:25am | 247THERAPIX BIOSCI/S ADR (NASDAQ: TRPX) said Tuesday that it has signed a letter of intent for a merger with the Canadian cannabis company Destiny Biosciences. The deal is a stock-for-stock transaction valuing Therapix at about $48 million plus cash on hand at closing. The deal values the...
-
Flowr Withdraws $95M Offering, Announces Smaller Capital Raise
Monday, July 22, 2019 - 2:53pm | 339The Flowr Corporation (OTC: FLWPF) said Friday that it withdrew a CA$125 million ($95.3 million) public offering due to market conditions and is assessing the timing of its Nasdaq listing. The cannabis company followed up Monday with the announcement of an agreement with a group of...
-
CannTrust Forms Special Committee After Licensing Debacle; Reporter Says 'A Lot' Occurring Behind The Scenes
Monday, July 22, 2019 - 2:18pm | 502Medical and recreational cannabis producer CannTrust Holdings Inc (NYSE: CTST) said Monday that it's forming a special committee to "restore trust" after its facility was found to be non-compliant with Canadian government regulations. What Happened Health Canada is actively...