Compliance News

04/03/2020 - 9:49am
VFF
Village Farms International, Inc. (VFF) Announces Completion of Pure Sunfarms
(Arkansas, Canada, Cannabis, CBD, Compliance, Events, Extraction, Greenhouses, Grower, Growers, Growing, Hemp, Investments, Joint Ventures, Law, Management, Mexico, Production, Stocks, Texas, United States, Vertically Integrated, VFF, Village Farms, Village Farms International, Cultivation) Village Farms International Announces Completion of Pure Sunfarms’ Expanded Credit Facility with Existing Lender for up to $59 Million and Makes Additional Capital Contribution to Pure Sunfarms to Increase Ownership to 58.7% Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF; NASDAQ: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has satisfied all pre-conditions and completed its previously announced expansion of its credit facility with its existing lender to $59 million , including accordion provisions of $22.5 million . (All figures are in Canadian dollars.) As a pre-condition to completion of the debt facility, Village Farms has made an additional capital contribution of $8 million in Pure Sunfarms and, as a result has further increased its majority ownership of Pure Sunfarms to 58.7% from 57.4%. About Village Farms International, Inc. Village Farms is one of the largest...
https://marijuanastocks.com/vff-announces-completion-of-pure-sunfarms/
04/02/2020 - 12:52pm
IRS Rejects Watchdog Recommendation To Provide Marijuana Business Tax Guidance
(Banking, Cannabis, Compliance, Consulting, Law, Media, Medical Marijuana, Recreational, Tracking, United States, Washington, Financial Services) A new Treasury Department internal watchdog report criticizes the Internal Revenue Service (IRS) for failing to adequately advise taxpayers in the marijuana industry about compliance with federal tax laws. In its review of IRS policy with respect to cannabis businesses, the Treasury Inspector General for Tax Administration (TIGTA) found that IRS is missing millions of dollars in tax assessments in state-legal markets and that taxpayers experience a significant impact due to an federal tax code known as 280E that prevents marijuana companies from making business deductions that are available to other industries. Part of the solution, TIGTA said, should be for IRS to “develop and publicize guidance specific to the marijuana industry.” “Such guidance would improve awareness of tax filing requirements for taxpayers in this industry, such as the correct application of” the policy, “which would reduce the burden of tracking inventory for certain small businesses,” the report, which was...
https://www.marijuanamoment.net/irs-rejects-watchdog-recommendation-to-provide-m…
04/02/2020 - 9:34am
CHMJF
Chemistree Provides Sugarleaf – Washington Update COVID-19 Response and Operations Update
(Banking, Canada, Cannabis, Chemistree Technology Inc., CHMJF, Compliance, Distribution, Events, Facilities, Investing, Investment, Investors, Law, Management, Manufacture, Medical Marijuana, Monitoring, Packaging, Processing, Products, Recreational, Regulations, United States, Vertically Integrated, Washington, Licensee, Recreational Cannabis, Cultivation, Security) Chemistree Technology Inc. (CSE: CHM and CHM.wt) (US OTCQB:CHMJF) (the “Company” or “Chemistree”), wishes to provide stakeholders with an update on the Company’s Washington State assets. Currently, it is business as usual at Sugarleaf’s cultivation facility during the COVID-19 pandemic while strictly adhering to the Washington State Liquor and Cannabis Board (WSLCB) guidelines. At this time, the WSCLB has clarified the position that cannabis producers, processors, and retailers are considered essential and not required to close due to the coronavirus restrictions. Chemistree is closely monitoring the situation and receiving weekly reports from the general manager of the Washington State licensee partner, detailing ongoing operations and market conditions. Sugarleaf general manager Travis Royce commented, “I am gratified with the way our company and staff have come together and dealt with the current state of affairs. While the situation is not in any way ideal, we have a single...
https://investingnews.com/daily/cannabis-investing/chemistree-provides-sugarleaf…
04/02/2020 - 9:06am
SPRWF
Israeli Cannabis Connection Grows
(Canada, Cannabis, Compliance, Containers, Development, Financing, Food, Growing, Investment, Investors, Israel, Management, Marketing, Medical Marijuana, Production, Products, Research, SPRWF, Pharmaceuticals, Cultivation, Hedge Fund) Israel has been the center of some of the strongest research on cannabis, but for years remained in the research only field. That is beginning to change as more Israeli companies are raising money and more cannabis is being imported to the country. Panaxia Labs Pharmaceutical company Panaxia Labs Israel Ltd. (TASE: PNAX) said that it completed a successful fundraising round of 17 million ILS (Israeli shekels) or approximately $4.6 million by today’s currency exchange. The private placement consists of common stock and warrants to Israeli Institutional Investors: the provident funds, mutual funds, and portfolio management entities of Mor Investment House and Noked Capital Hedge Fund. Total gross proceeds raised, including the exercise of the option by the company, are 23 million ILS. In connection with the offering, the company issued 6,319,703 shares of the company’s common stock at a purchase price per share of 2.69 ILS, and warrants to purchase an additional 5,055,762 shares of...
https://www.greenmarketreport.com/israeli-cannabis-connection-grows/
04/02/2020 - 8:12am
TBPMF
Tetra Bio-Pharma Inc. (TBPMF) Maps Out Cannabinoid Metabolites in Humans
(Acquisition, Canada, Cannabis, CBD, CBN, Compliance, Development, Events, Financing, Food, Growing, Insurance Companies, Investments, Plasma, Products, Regulations, Research, Stocks, Subsidiaries, TBPMF, Tetra Bio-Pharma, THC, Pharmaceuticals, Intellectual Property) Tetra Bio-Pharma Maps Out Cannabinoid Metabolites in Humans Following Inhalation of QIXLEEF Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TBP.V) (TBPMF), a leader in cannabinoid-derived drug discovery and development, is pleased to announce the launch of a study to determine the levels of cannabinoid metabolites (e.g., 7-COOH-CBD), cannabinoid precursors (e.g., CBGA) and minor cannabinoids (e.g., CBN) in the plasma of humans. This study is important to the US Food and Drug Administration (“FDA”) and Health Canada to define the levels of these compounds in patients consuming cannabis and Tetra’s inhaled drugs QIXLEEF and CAUMZ. Tetra has launched a study to quantify the levels of cannabinoid metabolites and precursors as well as minor cannabinoids in the plasma samples of humans that received QIXLEEF in its clinical trials. The bioanalysis of these human plasma samples will allow Tetra to better understand how THC and CBD are degraded in humans and how long these compounds remain...
https://marijuanastocks.com/tbpmf-maps-out-cannabinoid-metabolites-in-humans/
04/02/2020 - 8:09am
SPRWF
The Supreme Cannabis Company, Inc. (SPRWF) Completes First Shipment to Israel and Provides Corporate Update
(Canada, Cannabis, CBD, Compliance, Containers, Development, Events, Facilities, Food, Growing, Investments, Israel, Manufacturing, Medical Marijuana, Processing, Product Testing, Production, Products, Recreational, SPRWF, Stocks, Testing, Vaporizers, Cultivation) Supreme Cannabis Completes First Shipment to Israel and Provides Corporate Update The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (FIRE.TO) (SPRWF) (53S1.F) today announced the completion of its first international cannabis shipment from Canada into Israel . Supreme Cannabis partnered with Breath of Life International Ltd. (“BOL Pharma”), Israel’s largest and leading producer of medical cannabis and cannabis products, to offer Truverra-branded premium medical cannabis to patients in Israel . “This transaction represents a new international revenue opportunity for Supreme Cannabis and builds Truverra’s global medical brand in one of the most sophisticated medical cannabis markets in the world,” said Colin Moore , Interim President and CEO of Supreme Cannabis. “With the support of BOL Pharma, we navigated both Canada and Israel’s complex regulatory landscapes to achieve compliance with regulatory authorities in both countries, including Health Canada, the...
https://marijuanastocks.com/sprwf-completes-first-shipment-to-israel-and-provide…
04/01/2020 - 5:16pm
World-Class Acquires Controlling Interest in Pineapple Express Cannabis Delivery
(Acquisition, California, Canada, Cannabis, Cannabis and Hemp, Compliance, Development, Distribution, Events, Extraction, Financing, Growing, Hemp, Investing, Investment, Joint Ventures, Law, Management, Nevada, Oils, Oregon, Partnerships, Processing, Products, Recreational, Regulations, Research, Software, United States, Recreational Cannabis, Security) World-Class Extractions Inc. (CSE: PUMP ) (FRA:WCF) (OTCQB:WCEXF) (the “Company” or “World-Class”), an innovation-driven company that deploys and manages purpose-built cannabis and hemp extraction and processing centres, is pleased to announce the signing of a definitive investment agreement (the “Investment Agreement”), dated effective March 27, 2020, outlining the terms and conditions with respect to an acquisition (the “Acquisition”) of Pineapple Express Delivery Inc., (“Pineapple Express Delivery” or “PED”), an arm’s length, privately held, Toronto-based company offering different types of legal delivery services (including same day and next day) to the cannabis sector in Canada. Pineapple Express Delivery’s financial results will be reported with World-Class on a consolidated basis. Pineapple Express Delivery currently has several contracts in place with Licensed Producers (“LP’s”) for delivery within select provinces in Canada. Pineapple Express Delivery is targeting to become...
https://investingnews.com/daily/cannabis-investing/world-class-acquires-controll…
04/01/2020 - 4:45pm
CGC
Cannabis Regulators Respond to Coronavirus Concerns
(Arkansas, California, Canada, Cannabis, Cannabis and Hemp, CGC, Cleaning, Colorado, Compliance, Connecticut, Consultations, Facilities, Food, Growers, Hawaii, Hemp, Illinois, Iowa, Law, Maine, Management, Maryland, Massachusetts, Medical Marijuana, Mexico, Michigan, Minnesota, Missouri, Monitoring, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Packaging, Pennsylvania, Processing, Production, Regulations, Testing, Tracking, Training, United States, Utah, Washington, Industrial Hemp, Licensee, Dispensaries, Cultivation) Editor’s note: this story was originally published on March 19 and was most recently updated on April 1. We’ll continue to update as regulators announce new policies. So far, during the COVID-19 pandemic, cannabis sales are through the roof as consumers stock up in anticipation of supply chain disruption. But, despite this upswing, cannabis companies are bracing for impact. As Cannabis Wire reported this week, a dilemma has hit the nascent industry: to close or not to close? Already, Canopy Growth chose to close nearly two dozen shops in Canada, and we’re tracking how other companies are reacting. But what happens in the case of forced closures? Cannabis regulators will have to weigh tough decisions in the coming days as businesses, from gyms to bowling alleys to bars, are asked to close as part of broader efforts to contain the spread of the virus. (While Canadian consumers can legally order cannabis online, should closures occur, changes are taking place north of the border. On...
https://cannabiswire.com/2020/04/01/cannabis-regulators-respond-to-coronavirus-c…
04/01/2020 - 3:00pm
Trym
(Cannabis, Compliance, Growers, Management, Software, Tracking, Cultivation) Trym, a cannabis farm management and compliance software company, recently announced integrations with Argus and TrolMaster environmental control systems. Traditionally, cannabis growers have used environmental controls as isolated systems. By tracking and linking environmental conditions to each batch of plants, Trym enables growers to see the cause-and-effect relationship between grow conditions and resulting yields. Trym... The post Trym appeared first on Marijuana Venture .
https://www.marijuanaventure.com/trym/
04/01/2020 - 11:53am
FDA Warns Former NFL Player To Stop Claiming CBD Can Cure Coronavirus
(Advertising, Cannabis, CBD, Compliance, Food, Legalization, Marketing, Media, Products, Regulations, Research, Social Media, United States, Websites, Funding) The Food and Drug Administration (FDA) and Federal Trade Commission (FTC) have taken enforcement action against a former NFL player’s CBD company over unsubstantiated claims that its products can be used to cure or prevent coronavirus. The agencies sent a warning letter demanding that Kyle Turley’s NeuroXPF business cease making the claims, remove them from any marketing material and advise FDA on steps taken to correct the issue within 48 hours. Failure to comply can result in “legal action, including, without limitation, seizure and injunction,” the letter states. The enforcement action came one day after Turley told Marijuana Moment in an interview that he would actually welcome federal moves against his company and use it as a public relations opportunity to expose the government for suppressing the “truth” about the medical potential of cannabis. He shared a screenshot of the letter on Tuesday and said “WE DID IT!!!!” WE DID IT!!!! pic.twitter.com/wiRaK9Ojcu — KT (@KyleTurley)...
https://www.marijuanamoment.net/fda-warns-former-nfl-player-to-stop-claiming-cbd…
04/01/2020 - 10:00am
CF
BFD Alert: Coronavirus Cannabis Scams and Pitfalls
(California, Cannabis, Cannabis and Hemp, CBD, CF, Compliance, Development, Financing, Food, Hemp, Investing, Investment, Investors, Law, Loans, Massachusetts, Medical Marijuana, Production, Products, Regulations, Science, United States, Dispensaries, Funding, Security) The rapid and devastating proliferation of COVID-19 has affected businesses worldwide, and cannabis is no exception. Here in California (and in other states), the state announced that medical cannabis dispensaries are essential and may remain open as part of the state’s Stay-At-Home order. The medical cannabis businesses that supply those dispensaries are also essential under that order. In addition, certain cities in California (like Los Angeles and San Francisco) have their own shelter-in-place or stay-at-home orders that also identify medical cannabis businesses and the businesses that supply them as essential. Unless a city or a county says otherwise, the state’s Stay-At-Home order protects the operation of medical cannabis businesses throughout the state. With medical cannabis businesses allowed to stay open and operational across the country during COVID-19, sales of medical cannabis to consumers has been on a tear. While increased medical cannabis sales and production is a...
http://feedproxy.google.com/~r/cannalawblog/aogT/~3/Xgym5Daj3PU/
04/01/2020 - 9:33am
Khiron to Educate Physicians on Medical Cannabis Online with Leading Latin American University
(Cannabis, CBD, Colombia, Compliance, Development, Distribution, Education, Events, Investing, Law, Manufacture, Medical Marijuana, Mexico, Production, Products, Regulations, Regulatory Compliance, Research, Science, Training, United States, Vertically Integrated, THC, Cultivation) Doctor education continues to be core to Khiron mission Partnership allows Khiron to include its medical education program with Tecnologico de Monterrey world-renowned continuing education platform for doctors, giving it prominent exposure to the Latin America medical community Co-developed, online educational content will focus on medical cannabis knowledge, application and potential therapeutic benefits of cannabinoid-based medicines to better meet patient needs Tecnologico de Monterrey, a top-3 Latin American university and the leading university in Mexico (Source: QS University Rankings) Khiron’s Phase 1, best in class cloud-based cannabis education and certification platform will be launched in Q2 2020 and feature interactive courses customized for specific medical cannabis conditions Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN ), (OTCQB:KHRNF), (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America, today...
https://investingnews.com/daily/cannabis-investing/khiron-to-educate-physicians-…
03/31/2020 - 10:52am
COVID-19’s Spread Highlights Need for More Stringent Microbial Cannabis Testing
(California, Cannabis, Compliance, Facilities, Growing, Hemp, Medical Marijuana, Ohio, Products, Quality Control, Regulations, Testing, United States, Dispensaries) As cannabis sales soar and a growing number of states declare dispensaries essential amid a growing pandemic, consumers are increasingly turning to medical marijuana and hemp for their health benefits. But in some states, those products may not be as beneficial as they seem.At a time when public health is in the limelight, the team at North Coast Testing Laboratory LLC, based in Streetsboro, Ohio, is advocating for more stringent microbial testing requirements from states to prevent people from getting sick from harmful yeast and mold on marijuana products.North Coast Testing became one of the first medical marijuana testing facilities approved in the state in 2018, and it has also received ISO 17025 accreditation.The lab conducts cannabis microbial contamination tests for yeast and mold levels using two different methods—but the one method mandated in Ohio, as well as in most states around the country, they argue, is inferior. And in the face of a growing public health crisis, both...
http://www.cannabisbusinesstimes.com/Article/covid19-coronavirus-spread-highligh…
03/31/2020 - 10:00am
Oregon Cannabis and Coronavirus: The New Rules
(Cannabis, Compliance, Law, Medical Marijuana, Oregon, Products, Recreational, Regulations, United States, Dispensaries, Retail Sales) On March 23, Oregon Governor Kate Brown signed Executive Order No. 20-12 (the “ Order ”), which mandates that Oregonians stay home and observe social distancing and community mitigation measures to slow the spread of COVID-19. The Order, in part, expressly prohibits the operation of certain non-essential businesses, such as amusement parks, barber shops and gyms. The Order, however, does not mention cannabis businesses, such as retailers, processors, producers, and wholesalers. This means that these cannabis businesses are authorized to remain open so long as they “designate an employee or officer to establish, implement, and enforce social distancing policies, consistent with guidance from the Oregon Health Authority [“OHA”].” OHA GUIDANCE Based on the Centers for Disease Control and Prevention (“CDC”) Guidelines , the OHA released guidance to which Oregon employers must adhere to continue their business activities. In addition to encouraging staff to telework when feasible and...
http://feedproxy.google.com/~r/cannalawblog/aogT/~3/wuBGLyXjRy8/
03/31/2020 - 8:14am
GSML, VFF
Village Farms International, Inc. (VFF) Announces Expansion of Pure Sunfarms’ Credit Facility with Existing Lender by up to $59 Million
(Arkansas, Canada, Cannabis, Cannabis and Hemp, CBD, Compliance, Events, Extraction, Financing, Greenhouses, Grower, Growers, Growing, GSML, Hemp, Hemp Industries, Investments, Joint Ventures, Law, Management, Mexico, Production, Stocks, Texas, United States, Vertically Integrated, VFF, Village Farms, Village Farms International, Cultivation) Village Farms International Announces Expansion of Pure Sunfarms’ Credit Facility with Existing Lender by up to $59 Million Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF; NASDAQ: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has expanded its credit facility with its existing lender to $59 million, including accordion provisions of $22.5 million. The expanded credit facility (the “Credit Facility”) consists of a $7.5 million revolving operating loan (the “Revolver”) and a $10 million term loan (the “New Term Loan”), in addition to its existing $19 million term loan (the “Existing Term Loan”). The New Term Loan is specifically designated for the 1.1 million square foot Delta 2 greenhouse while the Existing Term Loan is specifically designated for the 1.1 million square foot Delta 3 greenhouse facility. (All figures are in Canadian dollars.) The $7.5 million Revolver and...
https://marijuanastocks.com/vff-announces-expansion-of-pure-sunfarms-credit-faci…
03/31/2020 - 2:01am
States Deem Medical Marijuana Essential Industry Amidst COVID-19 Emergency
(Cannabis, Compliance, Medical Marijuana) Authored By: Patrick McKnight. Businesses are on the front lines of the COVID-19 outbreak. Employers must attempt to balance public health concerns, compliance with … Read More...
https://cannabislaw.report/states-deem-medical-marijuana-essential-industry-amid…
03/31/2020 - 12:23am
New Software Ensures Cannabis Advertising Complies With Regulations
(Advertising, Cannabis, Compliance, Regulations, Software) Compliance has just gotten easier for cannabis companies.
https://hightimes.com/business/new-software-ensures-cannabis-advertising-complie…
03/30/2020 - 10:00am
Cannabis Tech Pioneer Fyllo Launches Compass to Automate Creative Compliance Verification for the Cannabis Industry - PRNewswire
(Cannabis, Compliance) Cannabis Tech Pioneer Fyllo Launches Compass to Automate Creative Compliance Verification for the Cannabis Industry PRNewswire
https://www.prnewswire.com/news-releases/cannabis-tech-pioneer-fyllo-launches-co…
03/30/2020 - 10:00am
Cannabis Tech Pioneer Fyllo Launches Compass to Automate Creative Compliance Verification for the Cannabis Industry - Cherokee Tribune Ledger News
(Cannabis, Compliance) Cannabis Tech Pioneer Fyllo Launches Compass to Automate Creative Compliance Verification for the Cannabis Industry Cherokee Tribune Ledger News
https://www.tribuneledgernews.com/extra/news/cannabis-tech-pioneer-fyllo-launche…
03/30/2020 - 9:52am
Cannabis Tech Pioneer Fyllo Launches Compass to Automate Creative Compliance Verification ...
(Cannabis, Compliance) With Compass, cannabis brands can drag and drop any digital asset -- display, mobile, social ads, even website assets. Compass will then scan the ...
https://www.prnewswire.com/news-releases/cannabis-tech-pioneer-fyllo-launches-co…
03/30/2020 - 9:21am
Glass House Farms Gives Back to Local Santa Barbara Community Amid COVID-19 Pandemic
(Bar, California, Cannabis, China, Compliance, Consulting, Food, Growers, Packaging, Pesticide, United States, Vertically Integrated, Lights, Cultivation) Like many other states, California has deemed the cannabis industry an “essential” business that can remain operational during the state’s stay at home order aimed at slowing the spread of COVID-19. For Graham Farrar, the founder and CEO of Glass House Farms , a vertically integrated cannabis operator based in Santa Barbara, Calif., this means cannabis businesses must step up to help those in need during this difficult and uncertain time.“This is a time when we need everybody,” he told Cannabis Business Times. “If you’ve got a shovel, you need to get digging.”The way Farrar sees it, the industry gets to be the light in an otherwise bleak time, and this is a great opportunity for cannabis businesses to shatter old stereotypes and stigmas while giving back.“Sometimes you need help—and there have been a lot of people who have helped us along the way—and sometimes you get to be the helper,” he said. “We’re happy to return the favor to society and show how we can help out.”Photo courtesy...
http://www.cannabisbusinesstimes.com/Article/glass-house-farms-gives-back-to-san…
03/30/2020 - 1:41am
Cannabis Standards Rely on Transparency, Compliance and Collaboration - Green Market Report
(Cannabis, Compliance) Cannabis Standards Rely on Transparency, Compliance and Collaboration Green Market Report
https://www.greenmarketreport.com/cannabis-standards-rely-on-transparency-compli…
03/30/2020 - 1:21am
WTCG
Cannabis Standards Rely on Transparency, Compliance and Collaboration
(Beverage, Canada, Cannabis, CBD, Compliance, Edibles, Education, Food, Growing, Law, Legalization, Manufacturer, Manufacturing, Marketing, Media, Packaging, Product Testing, Production, Products, Quality Control, Recreational, Research, Seed to Sale, Testing, Topicals, W Technologies, W Technologies, Inc., Websites, WTCG, THC, Pharmaceuticals, Cultivation) Authored By: Arundati Dandapani According to Vividata’s National Cannabis Consumer Study , 70% of consumers are not sure they know the difference between THC and CBD. Moreover, quality remains the top criterion in selecting a cannabis product for purchase. How are companies setting the standards for quality and how are we researching consumers to understand their experiences with cannabis products accurately and ethically? This post explores the manufacturing and research standards to consider when conducting research studies with cannabis. Product Quality in Manufacturing At an HIV Community Cannabis Education event held in Toronto, a cannabis company proudly declared their company had not had a single product recall to date. Product recall happens when a product is defective, damaged or does not meet the customer’s expectations causing the product to be called off the shelf. This “zero recall” standard, the team said, was attributed to the fact that their cannabis product standards...
https://cannabislaw.report/cannabis-standards-rely-on-transparency-compliance-an…
03/27/2020 - 4:30pm
Scientists Sue DEA Over Alleged ‘Secret’ Document That Delayed Marijuana Research Expansion
(Arizona, Cannabis, Compliance, Distribution, Facilities, Growers, Hemp, Law, Manufacture, Manufacturing, Medical Marijuana, Mississippi, Processing, Products, Research, United States, Cultivation) The Drug Enforcement Administration (DEA) is finding itself in court over marijuana again after scientists filed a lawsuit against the agency, requesting “secret” documents that they allege DEA used to delay action on expanding cannabis research. The Scottsdale Research Institute (SRI) is behind the suit. It’s one of more than 30 organizations that have submitted applications to DEA to become licensed cannabis manufacturers for research purposes. Some background should be noted: In 2016, DEA announced it would expand marijuana research by approving additional growers beyond the sole source that has existed for half a century at the University of Mississippi. But after more than three years, applicants heard silence , and SRI filed an initial lawsuit alleging that the agency was deliberately holding up the process . A court mandated that it take steps to make good on its promise, and that case was dropped after DEA provided a status update . This month, DEA finally unveiled a revised...
https://www.marijuanamoment.net/scientists-sue-dea-over-alleged-secret-document-…
03/27/2020 - 4:24pm
Recall issued for vape cartridges sold at Detroit, Bay City dispensaries
(Cannabis, Compliance, Medical Marijuana, Testing, Dispensaries) 3/21/20–A recall has been issued for vape cartridges sold to medical marijuana patients in Detroit and Bay City. The Marijuana Regulatory Agency says Vitamin E Acetate was found in several vape cartridges that failed safety compliance testing in December 2019 and February 2020. This recall also includes vape cartridges that did not have the required Vitamin E Acetate testing completed. Read
https://themarijuanareport.org/recall-issued-for-vape-cartridges-sold-at-detroit…
03/27/2020 - 3:29am
CVSI
CV Sciences Inc (OTCMKTS:CVSI) Reports Revenues Of $53.7 Million In 2019: Increases Retail Distribution Footprint To Over 5,500 Stores
(CBD, Compliance, CV Sciences, CVSI, Distribution, Exploring, Food, Hemp, Hemp Products, Products, Regulatory Compliance) CV Sciences Inc (OTCMKTS:CVSI) has reported revenues of $53.7 million (up 11%) in 2019. It also increased the retail presence to over 5,500 stores (up 148%) as of December 31, 2020, by enhancing alliances with existing and new retail channels across the nation. E-commerce sales account for 19% of the total sales. The company also expanded its retail footprint in the drug, food, and mass channel. It is also in discussions to expand the PlusCBD oil brand. CV Sciences laid the foundation and developed infrastructure to support long term growth of CBD products. Despite facing challenges, the company prudently achieved significant progress in 2019. Last year is promising for CV Sciences and the hemp CBD industry. CEO of CV Sciences, Joseph Dowling, said the company focused on strengthening its product offerings, brand, and added new categories to cater to the new opportunities. Dowling said the company would continue to work with the US FDA to develop innovative products and become a...
https://mmjreporter.com/cv-sciences-inc-otcmktscvsi-reports-revenues-of-53-7-mil…
03/26/2020 - 9:00am
The Price of Advocacy
(California, Cannabis, Compliance, Development, Events, Fertilizers, Food, Grower, Growers, Growing, Law, Legalization, Medical Marijuana, Organic, Production, Regulations, Strains, Testing, United States, Soil, Cultivation) Nobody likes to hear “I told you so” ringing in their ears. But today, as California’s small cannabis farmers face increasing challenges in the legal industry, the sneering refrain practically echoes down the redwood canyons of the Emerald Triangle, its four cutting syllables carried in each morning with the fog. For Casey O’Neill, who has been one of the most public and outspoken advocates for a small-farm-friendly version of cannabis legalization since 2014, the “I told you so” carries a particular punch. He is a native son of Mendocino County, raised on a homestead north of Laytonville where he still lives, farming vegetables and cannabis on the land with his partner Amber and their family. He’s seen the harsh nature of the government. Law enforcement stormed his parents’ house before his third birthday over a few cannabis plants, and when he was older and working as a cannabis grower, he was swept up in a raid and served two months in county jail. (Casey O’Neill stands in the...
https://cannabisnow.com/the-price-of-advocacy/
03/26/2020 - 8:41am
BVNNF, ICNB
BevCanna Signs LOI with Californian Cannabis Beverage Brand Calexo
(BevCanna Enterprises Inc., Beverage, Branding, BVNNF, California, Canada, Cannabis, Compliance, Consumer Products, Distribution, Drinks, Events, ICNB, Iconic Brands Inc., Investing, Law, Management, Manufacturing, Products, Recreational, Trademarks, United States, THC, Dispensaries, Recreational Cannabis, Cultivation) Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE: BEV , Q:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) announced today that it has entered into a non-binding letter of intent (the “LOI”) to partner with rising California cannabis beverage brand Calexo . Under the proposed agreement, BevCanna will become the exclusive Canadian manufacturing partner for the newly-launched Calexo line of beverages. BevCanna will leverage its extensive experience in developing and launching beverages in the Canadian market to maintain responsibility and compliance with Health Canada, as well as all national sales and distribution efforts related to the joint venture (JV). The JV will be structured as a profit share joint venture agreement, and the maintenance of exclusivity is subject to mutually agreed-upon forecast milestones being met. The agreement will be for an initial term of five years with a subsequent five-year renewal option. In addition to the Canadian...
https://investingnews.com/daily/cannabis-investing/bevcanna-signs-loi-with-calif…
03/25/2020 - 7:38pm
Maine: Memorandum on Coronavirus (COVID-19) Civil Emergency
(Alcohol, Cannabis, Cleaning, Compliance, Events, Facilities, Law, Maine, Manufacturing, Processing, Products, Retail Stores, Staffing, Testing, United States, Dispensaries, Financial Services, Cultivation) Memorandum on Coronavirus (COVID-19) Civil Emergency To: MMMP Registrants and Prospective AUMP Licensees From: Director Erik Gundersen Date: Tuesday, March 24, 2020 Subject: Memorandum on Coronavirus (COVID-19) Civil Emergency Background On March 15, 2020, Governor Janet T. Mills signed a civil emergency proclamation in response to developments regarding the 2019 novel coronavirus (SARS-CoV-2) and the resulting coronavirus disease 2019 (COVID-19) in Maine. The following day, Governor Mills and legislative leaders reached a bipartisan agreement on a revised supplemental budget proposal that targeted funds to protect our citizens and communities and safeguard Maine’s economy as the nation confronts COVID-19. In addition, the Governor worked with the legislature to spearhead a package of emergency measures aimed at improving the state and local response to COVID-19. Governor Mills signed these measures into law on March 18, 2020, and announced additional steps to protect public health...
https://cannabislaw.report/maine-memorandum-on-coronavirus-covid-19-civil-emerge…
03/25/2020 - 4:45pm
JUSHF
The Daily Hit: March 25, 2020
(Beverage, Branding, California, Cannabis, CBD, Compliance, Development, Food, Foods, Hemp, Illinois, JUSHF, Jushi, Jushi Holdings Inc., Law, Management, Partnerships, Pennsylvania, Products, Regulations, United States, THC, Dispensaries, Security) It’s time for your Daily Hit of cannabis financial news for March 25, 2020. On The Site Top Cannabis Legal Firms In these trying times, it’s always good to have an excellent lawyer on your side. A strong contract goes a long way towards protecting your interests and if you find yourself in a dispute, you certainly want someone who understands your business and can work with cannabis companies. Green Market Report compiled this list with assistance from the Cannabis Law Report . We separated the list into two categories: cannabis only legal firms and large cannabis divisions within larger firms. We put them in alphabetical order and there is no ranking. Also, no free legal advice was given to get on this list nor did anyone pay to be included. EcoWaste Interview with Arman Zeytounyan, CEO and Co-Founder of EcoWaste in California The “Beast” in this scenario is cannabis sustainability, and the distinct lack thereof. The market for change is wide open, and here’s the perspective of one...
https://www.greenmarketreport.com/the-daily-hit-march-25-2020/
03/25/2020 - 11:53am
COVID-19 May Delay the Launch of Maine’s Adult-Use Cannabis Market
(Cannabis, Compliance, Facilities, Maine, Medical Marijuana, Testing, United States, Dispensaries) Maine’s Office of Marijuana Policy (OMP) released a memo March 24 indicating that while medical cannabis dispensaries are considered essential businesses under the state’s coronavirus policies, the launch of Maine’s adult-use cannabis market, which was slated for June, will likely be delayed due to the pandemic.The announcement is the latest in a series of delays for the adult-use market, which voters legalized in 2016.The OMP sent its memo to the state’s licensed medical cannabis businesses, as well as applicants seeking adult-use licenses, according to a Portland Press Herald report . The memo urges existing medical cannabis businesses to review their operating procedures and find areas to improve upon, including increased sanitary protocols and managing patient lines and interactions in compliance with social distancing guidelines.The memo also indicates that the OMP has heard concerns from dispensaries and caregivers about staff shortages as employees self-quarantine, and the...
http://www.cannabisbusinesstimes.com/Article/covid-19-may-delay-launch-maine-adu…
03/25/2020 - 10:21am
Colorado Attorney Discusses ‘New Normal’ in Cannabis Industry
(Cannabis, Colorado, Compliance, Facilities, Law, Massachusetts, Media, New Jersey, New York, Regulations, Regulatory Compliance, Retail Stores, Social Media, United States, Websites, Dispensaries, Cultivation) Recent coronavirus response measures in Denver and Colorado have been keeping attorney Alyson Jaen’s attention lately as the industry works to maintain compliance.At 5 p.m. MDT on March 24, Denver’s stay-at-home order went into effect in response to the coronavirus. The previous day, Mayor Michael Hancock said adult-use businesses and liquor stores are nonessential, but reversed course a few hours later after an “outcry” and let the businesses remain open, according to The New York Times .Facing orders to stay in their homes and the possibility of not being able to purchase product when they do leave their homes, demand among adult-use customers increased 140% on March 23 before the mayor said adult-use businesses are essential, said Jaen, who is head of Denver-based Fortis Law Partners’ cannabis practice.“It was in a matter of hours [that] we had a huge pivot—'Yes, you're open,' 'No, you're not.’” she said. “That creates confusion and this idea of panic-buying.”Previously, on March...
http://www.cannabisbusinesstimes.com/Article/colorado-attorney-alyson-jaen-coron…
03/24/2020 - 7:29pm
ACRGF, CGC
Acreage Announces Resignation of Board Member Larissa Herda
(Acquisition, Acreage Holdings, ACRGF, Cannabis, Canopy Growth Corporation, CGC, Compliance, Distribution, Investing, New York, Regulations, United States, Vertically Integrated, Cultivation) Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U ) (OTCQX: ACRGF) (FSE: 0VZ) today announced that Larissa Herda has resigned as a member of Acreage’s Board of Directors. “We thank Larissa for her tremendous service to Acreage and wish her every success in the future,” said Acreage Chair and CEO Kevin Murphy. “Her leadership and guidance have been invaluable to us as we have grown as a company since she joined our Board in November 2018.” ABOUT ACREAGE Headquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information. Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience. Acreage debuted its national retail store brand, The Botanist in 2018 and its award-winning consumer brands, The Botanist and Live Resin Project in 2019. On June 27, 2019 Acreage implemented an arrangement under section 288...
https://investingnews.com/daily/cannabis-investing/acreage-announces-resignation…
03/24/2020 - 5:08pm
County Getting Access to State Cannabis Track-and-Trace Database for Santa Barbara Tax Compliance - Noozhawk
(Cannabis, Compliance) County Getting Access to State Cannabis Track-and-Trace Database for Santa Barbara Tax Compliance Noozhawk
https://www.noozhawk.com/article/santa_barbara_county_access_state_cannabis_trac…
03/24/2020 - 8:04am
IGNITE Launches CBD in Circle K’s Coastal Carolina Division
(Bar, Beverage, Cannabis, Cannabis and Hemp, CBD, Compliance, Drinks, Events, Hemp, Investing, Law, Management, Marketing, North Carolina, Oils, Products, Regulations, South Carolina, Topicals, United States, Virginia, THC) Ignite International Brands, Ltd. (CSE: BILZ ), (OTCQX:BILZF) (“IGNITE” or the “Company”), a global consumer packaged goods brand, is excited to announce the launch of two CBD gummies*, two CBD sport creams, three CBD essential oils and three CBD tinctures in the Coastal Carolina Division of Circle K, with an agreement between IGNITE and Circle K entered on Thursday, February 13, 2020 (subject to applicable rules and regulations in each state). This agreement marks the first Circle K division to offer IGNITE products to the public in the United States. Pursuant to the terms of the agreement and subject to applicable laws, customers will be able to buy the noted IGNITE products in over 400 Circle K locations throughout North Carolina, South Carolina and Virginia. “IGNITE’s agreement with Circle K creates a lot of momentum for us and our CBD products because it makes our products more accessible to a wider range of customers,” said IGNITE President, Curtis Heffernan. “We’re excited to...
https://investingnews.com/daily/cannabis-investing/ignite-launches-cbd-in-circle…
03/23/2020 - 4:07pm
Mana Supply Co. Opens Drive-Thru in Response to Accelerated Demand and COVID-19 Pressures
(Cannabis, Compliance, Maryland, Medical Marijuana, Products, United States, Dispensaries, Security) All weekend and all day Monday, the team at Mana Supply Co. ’s Edgewater, Md., location was moving patients and their vehicles through the new drive-thru lanes—keeping the traffic flow even and safe off State Rt. 2 and keeping new social distancing measures in mind every step of the way. The drive-thru opened on Friday, just in the nick of time.Co-owner Christopher Jensen says business has increased about 30% in the midst of the coronavirus outbreak and the vigorous spike in demand for cannabis products. The sudden move into crisis mode across the globe has put businesses like Mana Supply Co. on the lookout for new efficiencies, new ways of engaging their patient base and ensuring everyone has access to products they need. Courtesy of Mana Supply Co. Last week, the state of Maryland issued its “social distancing” measures, which greenlit curbside pickups for medical cannabis dispensaries. It was an immediate help, but Jensen and Volz still had reservations about sending employees to...
http://www.cannabisbusinesstimes.com/Article/mana-supply-co-maryland-drive-thru-…
03/23/2020 - 4:05pm
Primo Announces Corporate Update
(Cannabis, Compliance, Consulting, Events, Investing, Law, Management, Nutraceuticals, Regulatory Compliance) PRIMO NUTRACEUTICALS INC. (CSE: PRMO ) (OTC:BUGVF) (FSE:8BV) (DEU:8BV) (MUN:8BV) (STU:8BV) (“Primo” or the “Company”) is pleased to announce that it has satisfied the provisions of the information guidelines of National Policy 12-203, by filing its annual financial statements and MD&A for the year ended July 31, 2019, and therefore its cease trade order has been lifted and as of March 5, 2020 the Company is once again trading on the CSE under the symbol: PRMO. The Company was not subject to any insolvency proceedings. The Company also announces the appointment of Mr. Mark Bechtel as Corporate Secretary. Mr. Bechtel is a securities lawyer with extensive experience in Canadian capital markets and exchanges. Presently Mr. Bechtel operates a law firm located in downtown Vancouver specializing in venture and emerging markets. As Corporate Secretary of Primo Mr. Bechtel will ensure that best practices for regulatory compliance are established and maintained. The Company has also entered...
https://investingnews.com/daily/cannabis-investing/primo-announces-corporate-upd…
03/23/2020 - 1:51pm
How Each Coast Is Treating the Cannabis Industry During the COVID-19 Outbreak
(California, Cannabis, Cannabis and Hemp, Compliance, Deals, Development, Distribution, Education, Facilities, Food, Hemp, Law, Manufacturing, Medical Marijuana, New York, Products, Recreational, Regulations, Science, United States, Dispensaries, Pharmaceuticals, Intellectual Property, Security) Across the country, state legislature and gubernatorial offices are taking a hard look at their state workforces, productivity measures, and the rapidly climbing statistics associated with the COVID-19 outbreak. Naturally, each respective state has different needs and protocols depending on its population distribution, prevalence of travel/interaction, and its infrastructure. However, certain tenets remain constant; critical infrastructure sectors must be preserved to permit citizens to retain a semblance of normal life during periods of quarantine.This begs the question, does the cannabis industry qualify as a critical component of a permissive state’s infrastructure? Here, we take a look at an East vs. West approach to maintaining the established Cannabis ecosystems in coastal states California and New York. California ProgressionOn March 4, 2020, California Governor Gavin Newsom proclaimed a State of Emergency in California as a result of the threat of COVID-19. As of March 19,...
http://www.cannabisbusinesstimes.com/Article/cannabis-west-east-coast-covid-19-c…
03/23/2020 - 10:00am
FREE Webinar This Thursday, 3/26: We Answer Your Cannabis Coronavirus Questions
(Cannabis, Compliance, Investors, Oregon, Regulatory Compliance, United States) COVID-19 has affected almost every aspect of American life, including the business and financial sectors. The cannabis industry is no exception. Many questions still loom for cannabis businesses and investors during this uncertain time. Examples include: regulatory compliance the ability to stay open (and what constitutes an “essential business”) contract enforceability employment issues local, state, and federal government action industry trends and forecasting To alleviate your concerns and to educate you on how to take care of your business and its employees, veteran cannabis business attorney Vince Sliwoski (Portland, Oregon) will conduct a cannabis coronavirus Q & A session via webinar on Thursday, March 26th from 12pm to 1pm PDT. This Q & A presentation is free to attend and we encourage all attendees to submit questions in advance while registering. Vince will answer as many as possible during the lunch hour. To register for this webinar, SIGN UP HERE . We sincerely...
http://feedproxy.google.com/~r/cannalawblog/aogT/~3/SW-Gpa4ogzQ/
03/23/2020 - 8:00am
GSML, VFF
Village Farms International, Inc. (VFF) Cannabis JV Pure Sunfarms Receives Health Canada Approval for State-of-the-Art Processing Center
(Arkansas, Canada, Cannabis, Cannabis and Hemp, CBD, Compliance, Events, Extraction, Facilities, Greenhouses, Grower, Growers, Growing, GSML, Hemp, Hemp Industries, Hemp Industries, Inc., Investment, Investments, Joint Ventures, Law, Management, Mexico, Packaging, Processing, Production, Products, Recreational, Stocks, Strains, Testing, Texas, United States, Vertically Integrated, VFF, Village Farms, Village Farms International, Recreational Cannabis, Cultivation) Village Farms International’s Cannabis JV Pure Sunfarms Receives Health Canada Approval for State-of-the-Art Processing Center / Pure Sunfarms Remains Top-Selling Dried Cannabis Brand with OCS and Launches New Large Format Package Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF; NASDAQ: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has received approval from Health Canada to operate the final components of its 65,000 square foot, state-of-the-art processing center located within the 1.1 million square foot Delta 3 greenhouse facility. The significantly expanded processing area will enable Pure Sunfarms to generate additional production cost efficiencies, further elevate the quality of its products, expand its product offerings and increase its processing throughput. Health Canada’s approval of the additional processing area permits Pure Sunfarms to begin operation of: 11...
https://marijuanastocks.com/vff-cannabis-jv-pure-sunfarms-receives-health-canada…
03/22/2020 - 11:34pm
Media Reports Say Ghana has legalized the use of cannabis for health and industrial purposes
(Biofuel, Cannabis, Compliance, Ghana, Hemp, Law, Legalization, Malawi, Media, Production, Products, South Africa, Zimbabwe, Pharmaceuticals, Cultivation, Security) On March 21 Ghanaian media reported “On Friday the country’s Parliament passed into law the Narcotics Control Commission Bill, 2019…..Ghana has legalized the use of cannabis for health and industrial purposes as it joins other African countries hoping to derive economic and health benefits from the substance.” GHANA WEB REPORTS Parliament Friday evening passed the Narcotics Control Commission Bill, 2019, to treat drug dependence as a public health issue rather than focusing on law enforcement, incarceration, punishment and repression. “The fundamental goal of drug policies should be to improve the health, safety, security and socio-economic well-being of people by adopting appropriate measures to combat illicit crop cultivation and use of narcotic drugs and psychotropic substances, as well as its associated substance,” a report on the Bill, presented to the plenary by the Committee on Defence and Interior, said. The Bill would address the weaknesses in the outgoing PNDC Law 236, which...
https://cannabislaw.report/mdia-report-says-ghana-has-legalized-the-use-of-canna…
03/22/2020 - 10:00am
Hemp CBD Across State Lines: Rhode Island
(Alabama, Alaska, Arizona, Arkansas, California, Cannabis, CBD, Colorado, Compliance, Connecticut, Cosmetics, Delaware, Distributor, Florida, Food, Foods, Georgia, Growers, Growing, Hawaii, Hemp, Hemp Products, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Law, Louisiana, Maine, Manufacture, Maryland, Massachusetts, Mexico, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Production, Products, Puerto Rico, Regulations, Rhode Island, Seed Oil, Supplements, United States, Vaporizers, Extracts, Cultivation, Retail Sales) The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (USDA) regulatory authority over hemp cultivation at the federal level. In turn, states have the option to maintain primary regulatory authority over the crop cultivated within their borders by submitting a plan to the USDA. This federal and state interplay has resulted in many legislative and regulatory changes at the state level. Indeed, most states have introduced (and adopted) bills that would authorize the commercial production of hemp within their borders. A smaller but growing number of states also regulate the sale of products derived from hemp. In light of these legislative changes, we are presenting a 50-state series analyzing how each jurisdiction treats hemp-...
http://feedproxy.google.com/~r/cannalawblog/aogT/~3/nToy3DhY5HI/
03/21/2020 - 3:50pm
Desert Cannalytix Company Overview
(Cannabis, Compliance, Investing, Nevada, Testing, United States) Setting The Standard For Nevada's Cannabis Testing Requirements Cast: Esteban Vollenweider Tags: cannabis , investing , compliance , las vegas , nevada and independent laboratory
https://vimeo.com/399491654
03/21/2020 - 3:09am
Article: What Boston Cannabis Business Owners Need to Know About Tax Law
(Cannabis, Compliance, Law, Massachusetts, Products, United States, Security) Kevin Thorn writes…..Do you own a cannabis business in Massachusetts ? A well-versed Boston tax attorney explains what you need to know about the tax laws related to cannabis. 1. Massachusetts Imposes Sales and Excise Taxes on Cannabis Products At the state level in Massachusetts, there are two taxes that apply to the sale of cannabis products. These are: (i) the state sales tax of 6.25 percent; and, (ii) an additional state “excise” tax of 10.75 percent. Cannabis businesses must collect both of these taxes at the time of sale, and they must timely remit these taxes to the Massachusetts Department of Revenue (DOR) . 2. Local Sales Taxes Can Be Up to Three Percent Depending on where exactly your cannabis business is located, you may have to collect and remit a local sales tax as well. Local sales tax rates vary by jurisdiction, and can be as high as three percent of the retail price of goods sold. 3. You Do Have to Pay Federal Income Tax on Cannabis Sales Even though marijuana is still...
https://cannabislaw.report/article-what-boston-cannabis-business-owners-need-to-…
03/21/2020 - 2:27am
Cannabis Resume: Cover Letters and Keywords Part 3
(Advertising, Banking, Branding, Cannabis, Compliance, Extraction, Florida, Growing, Investment, Law, Legalization, Lighting, Management, Marketing, Media, Medical Marijuana, Partnerships, Recreational, Research, Science, Software, Testing, The ArcView Group, Tracking, Training, United States, Vertical Integration, Vertical Integration, Dispensaries, Patents, Financial Services, Cultivation, Retail Sales, Intellectual Property) Your Cannabis Resume: Part 3 of 3, Cover Letters and Keywords On March 10, 2020, Green-Flower reported on How to Write a Cannabis Cover Letter , offering several excellent, focused pieces of professional advice on getting your resume actually read by a person in this saturated cannabis job market: Keep your cover letter under one page. Use business language. Edit and spellcheck thoroughly before sending— don’t rely on your automatic spellcheck either. Use your eyes. Account for company’s wants. A sample cover letter is provided for your convenience: Dear [Hiring manager’s name or Company’s hiring department] (1), I recently saw your listing seeking a [Job title] with [Company]. With interest in [One or two personality or industry traits the listing mentioned] (2) and desire to work in [Field], I am submitting my resume for consideration. My training and accomplishments in [Key area of the job], have provided me with the expertise and credentials to [Reiterate a fundamental job...
https://cannabislaw.report/cannabis-resume-part-3/
03/20/2020 - 11:49pm
Oregon Announcement: OLCC Cutting Red Tape for Marijuana Licensees
(Alcohol, Beverage, Cannabis, Compliance, Food, Oregon, Tracking, United States, Wine) Here is their full release March 20, 2020 Actions Designed to Provide Economic Relief and Business Opportunity in Face of Covid-19 Hardships Portland, OR — Since the onset of the COVID-19 pandemic, and measures to prevent its spread put into place by Oregon’s Governor and public health officials, the Oregon Liquor Control Commission (OLCC) has made a number of significant changes to provide greater flexibility to the industries we regulate. The changes including enacting temporary rules, licensing process changes, and waiving certain fees connected with business and licensing transactions. The information and documents explaining these changes and other documentation can be found on OLCC’s website, on a dedicated Covid-19 Business Continuity page that focus on OLCC’s response to the coronavirus in three key areas: liquor licensing and compliance, marijuana licensing and compliance, bottle bill and beverage container redemption center. Here is a summary of the agency’s actions to date...
https://cannabislaw.report/oregon-announcement-olcc-cutting-red-tape-for-marijua…
03/20/2020 - 10:55am
CCHWF
DEA Unveils New Rule To Finally Allow More Marijuana Growers For Research
(Cannabis, CCHWF, Columbia Care, Compliance, Development, Distribution, Facilities, Food, Growers, Hemp, Law, Manufacture, Manufacturer, Medical Marijuana, Mississippi, Product Development, Products, Regulations, Research, Stocks, Strains, United States, Wellness Center USA, THC, Dispensaries, Cultivation) The Drug Enforcement Administration (DEA) announced on Friday that it will be taking significant steps to expand marijuana research. The agency is proposing a rule change that would enable it to approve additional cannabis growers and diversify the types of marijuana available to be used in studies. The move comes more than three years after the agency initially said it was accepting applications for additional marijuana manufacturers . DEA stressed throughout the new notice that it will have sole ownership over any marijuana that’s cultivated for research purposes. That includes any cannabis that’s stored at cultivation facilities. This appears to be a fundamental change in policy. As it stands, a single facility in Mississippi is authorized to grow cannabis through a contract with the National Institute on Drug Abuse (NIDA), and DEA does not maintain ownership over its products. “The Drug Enforcement Administration continues to support additional research into marijuana and its...
https://www.marijuanamoment.net/dea-unveils-new-rule-to-finally-allow-more-marij…
03/20/2020 - 9:00am
Khiron Readies for First Medical Sales in Colombia and Provides Corporate Update
(Cannabis, CBD, Colombia, Compliance, Deals, Development, Distribution, Education, Events, Facilities, Investing, Law, Manufacture, Manufacturing, Marketing, Medical Marijuana, Medical Marijuana Inc, Mexico, Processing, Production, Products, Regulations, Regulatory Compliance, Uruguay, Vertically Integrated, THC, Cultivation) Highlights: Effective immediately, Khiron is fully authorized to manufacture high- and low-THC medical cannabis, and to fill prescriptions for low-THC medical cannabis Khiron anticipates filling its first revenue generating patient prescriptions within days With successful lab certification, Khiron becomes the first company authorized to sell medical cannabis in Colombia Colombia has upwards of 6 million potential patients for medical cannabis products (Source: IMS Quintiles) Khiron also provides a general corporate update and response to Covid-19 Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN , OTCQB: KHRNF, Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America, today announced the Company has received certification of Good Elaboration Practices for Magistral Preparations with Cannabis (GEP). As a result, the Company is now fully authorized to manufacture high- and low-THC magistral preparations in Colombia. The Company...
https://investingnews.com/daily/cannabis-investing/khiron-readies-for-first-medi…
03/19/2020 - 6:05pm
Illinois: Impact of marijuana legalization important lesson for employers
(Arizona, Cannabis, Colorado, Compliance, Development, District of Columbia, Illinois, Law, Legalization, Marketing, Massachusetts, Medical Marijuana, Monitoring, Recreational, Regulations, Rhode Island, Testing, United States, Recreational Cannabis) The Chicago Daily Law Bulletin reports The road to Illinois becoming the 11th state in the country along with the District of Columbia to legalize adult-use recreational cannabis was a long and winding one. Now that the law has finally gone into effect, however, human resources executives around the state are realizing that the real work of understanding and applying the law to their employees is just beginning. Employers will need to refine existing policies and, in many cases, craft entirely new ones to address the issues created with legalization, a process that will require input from labor and employment lawyers as well as those specifically focused on cannabis regulations, working in concert with in-house counsel. The complexities of this issue were discussed at length at a recent B-Sharp at Breakfast event. Benesch launched B-Sharp in 2018 as a networking and professional development platform for women corporate counsel. The Jan. 23 forum, “The Legalization of Cannabis and...
https://cannabislaw.report/illinois-impact-of-marijuana-legalization-important-l…
03/19/2020 - 6:01pm
Chicago’s Suburban Voters Give Thumbs Up The Cannabis Regulation
(Bar, Cannabis, Compliance, Illinois, Management, Recreational, Regulations, United States) Chicag’s Sun Times reports Bud was on the ballot Tuesday in some Chicago suburbs — and a vast majority of voters said “yes” to allowing recreational pot sales in their hometowns. A majority of voters in Naperville, Rosemont, Cicero, Northlake and Westchester cast ballots in favor of allowing weed to be sold to adults for recreational use. Meanwhile, voters in Lemont rejected it. Though marijuana was fully legalized across Illinois at the start of the year, cities and towns can still prohibit stores from selling recreational marijuana. And while none of Tuesday’s ballot initiatives are binding, the results will inform local leaders who have the final say in whether to permit those sales. Opposing groups have been battling it out over recreational weed in recent months in Naperville, where the local city council voted in September to bar those sales. On Tuesday, voters in the western suburb were asked: “Shall the City of Naperville, in light of state legislation legalizing the...
https://cannabislaw.report/chicagos-suburban-voters-give-thumbs-up-the-cannabis-…