Kristen Nichols

Marijuana or hemp? Manufacturers snagged by Farm Bill confusion

Cannabis entrepreneurs say they’re facing jail time and hefty legal fees because of the plant’s complicated biology, with the vaunted 2018 Farm Bill only muddling the picture for interstate commerce. A pair of cases in Idaho and Oklahoma raised questions about how state and local law enforcement are supposed to tell the difference between hemp and marijuana. Since the […]

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What is ‘marijuana’? Name game limits cannabis entrepreneurs

The old debate about what to call the plant cannabis sativa L. is giving businesses real-world headaches in both new and established marijuana markets. Consider: Iowa allows medical marijuana but calls it something else. Texas restricts medical marijuana so severely that doctors must break the law to use the state’s program. California officials are struggling […]

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Week in Review: Marijuana RICO case victory, MedMen eyes ‘cannabis’ trademark & CA issues first full annual permits

A Colorado marijuana grower wins a milestone racketeering case, MedMen seeks a trademark for the word “cannabis,” and California issues its first full annual MJ business licenses. Here’s a closer look at some notable developments in the marijuana industry this week. Big legal victory Legal experts said marijuana growers can rest a little easier after a […]

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Cashing in on the CBD craze: What you should know

If it seems you’re seeing CBD everywhere these days, you are.

CBD products are in grocery stores, convenience stores and chiropractic offices. The letters are splashed across storefronts even in the most cannabis-averse jurisdictions – such as Kansas and South Carolina.

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DEA moves some CBD medicines off Schedule 1, a limited expansion of cannabis access

The U.S. Drug Enforcement Administration has taken some cannabidiol off the most restrictive class of controlled substances, a move that allows the sale of the first nonsynthetic, cannabis-derived medicine to win federal approval.

It’s a decision that immediately affects CBD producers but also signals the agency’s first admission that the plant has medical value.

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Week in Review: Ohio’s odd ban on CBD sales, California acts on illicit firms & Nevada MJ market sizzles

Ohio bans CBD sales outside of marijuana stores – which aren’t even open yet – California regulators take legal action against two unlicensed MJ businesses, and the Nevada cannabis market tops half a billion dollars in sales during its first year.

Here’s a closer look at some notable developments in the cannabis industry this week.

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Two cannabis industry groups join forces, citing need to marshal resources

Two cannabis industry trade groups are teaming up to launch a “federation of organizations” aimed at promoting pro-marijuana policies and laws at the federal level. The New Federalism Fund (NFF), which is focused on banking and tax issues, and the American Trade Association of Cannabis and Hemp (ATACH) together are creating the Cannabis Trade Federation. […]

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Impending ruling on epilepsy drug has CBD industry on alert

The most disruptive product to hit the newly legal hemp industry might be one that will never be sold directly to consumers. GW Pharmaceuticals, a London-based biotech company, is awaiting a final decision from the U.S. Food and Drug Administration to produce the first cannabis-derived treatment to win approval as legal medicine. The decision on […]

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Organa Brands co-founder Ralph Morgan departs for new CBD venture

The co-founder of marijuana vape manufacturer Organa Brands is leaving to start a new company focused on hemp-derived wellness products. Ralph Morgan said he is still exploring a name and headquarters location for his new company, which will produce cannabidiol concentrates marketed to a medical audience, not recreational marijuana consumers. Morgan told Marijuana Business Daily […]

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Week in Review: California-Canada union, New Jersey’s MMJ expansion & a GOP thumbs-up for hemp

A Canadian cannabis business buys three California MJ companies, New Jersey expands its medical marijuana program, and a key Republican goes to bat for industrial hemp. Here’s a closer look at some notable developments in the marijuana industry over the past week. Northern invasion The announcement that yet another Canadian company – Ontario-based CannaRoyalty Corp. […]

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