Briefs

Poll: Majority of Americans still favor legalizing marijuana nationally

A solid majority of American adults want cannabis legalized at the federal level, according to a national poll. The CBS News study, conducted April 11-15 with roughly 1,000 people, found that 59% of Americans across the country believe marijuana should be legal. Only 36% said it should remain banned. In addition, 61% of poll respondents […]

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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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Demand high for Saskatchewan’s 51 retail marijuana licenses

Interest in Saskatchewan’s recreational marijuana market is booming. The province received over 1,500 submissions for 51 licenses to sell recreational cannabis in the province when it becomes legal. The licenses will be doled out via a lottery after an initial screening. Saskatchewan’s business-friendly framework for recreational cannabis sales calls for the establishment of 51 privately owned […]

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Steep Hill wins IP court battle with New Mexico, competing medical cannabis lab

In a triumph involving intellectual property rights, California-based Steep Hill Labs won an emergency protective order against the state of New Mexico and a competitor over the disclosure of trade secrets. Steep Hill filed suit in early April against the two entities after learning that Santa Fe-based Scepter Lab had obtained Steep Hill’s standard operating procedures from the state […]

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Yet another Texas poll shows strong support for marijuana legalization

For years, poll after poll has found that Texas voters back marijuana reform, and a new poll shows the trend is continuing. According to a study conducted April 12-17 by Quinnipiac University, a solid 61% of Texans support “allowing adults to legally possess small amounts of marijuana for personal use.” That follows a poll from 2017, which […]

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Canada’s CannaRoyalty continues California cannabis investment spree

CannaRoyalty signed a multimillion-dollar deal to acquire FloralCal Farms, a move that expands the Ontario-based firm’s California portfolio. Highlights of the transaction include: Total purchase price of Sonoma County-based FloralCal includes 1.3 million Canadian dollars ($1 million) in cash and 3.5 million shares of CannaRoyalty. CannaRoyalty will provide an additional CA$3.8 million in cash and 3.5 million […]

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Senate minority leader Schumer wants to let states regulate marijuana

Senate Democratic leader Chuck Schumer of New York is the latest to join the federal cannabis reform bandwagon, saying he plans to introduce legislation that will remove marijuana from the controlled substances list and allow states to decide how to regulate MJ. “Ultimately, it’s the right thing to do,” Schumer said in an interview Thursday […]

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Potential recreational cannabis ballot measure in Ohio hits snag

One of two campaigns that may wind up competing for votes in an upcoming Ohio election has run into a procedural problem with the state’s electoral bureaucracy. The campaign – spearheaded by Ohio Families for Change – is attempting to put a ballot measure before voters to legalize recreational cannabis. But the state attorney general […]

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800-plus recreational marijuana businesses seek priority licensing in Massachusetts

Massachusetts regulators are allowing would-be recreational cannabis businesses to submit applications for priority certification, and so far more than 800 firms have done so – a sign of strong demand for rec licenses. Receiving priority certification “allows certain businesses to apply for a license now, rather than waiting until May 1 or June 1,” MassLive.com […]

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High Times Cannabis Cup denied license by California city

In a move that highlights the power of local governments over the California marijuana industry, the San Bernardino City Council shot down the planned 4/20-centric High Times Cannabis Cup by refusing to license this weekend’s event. The council vote, held less than two days before the biggest cannabis holiday of the year, April 20, has thrown the […]

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US-focused marijuana company agrees to purchase Canadian grower

A Toronto-based marijuana company focused on U.S. recreational and medical cannabis markets plans to spend about 23 million Canadian dollars ($18.3 million) in cash, stock and warrants to acquire a small licensed producer in Ontario. MPX Bioceutical agreed to acquire Peterborough-based Canveda for CA$3 million in cash, CA$15 million in stock plus the issuance of 6 […]

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FDA advisory panel gives thumbs-up to CBD epilepsy treatment

A CBD treatment for epilepsy is closer to becoming the first cannabis medicine approved for the U.S. market. A panel of government health advisers gave a unanimous recommendation Thursday to the U.S. Food and Drug Administration to approve Epidiolex, a CBD medicine for rare epilepsy conditions that don’t respond to other drugs. The panel voted […]

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