House Lawmakers Approve Cannabis-Related Measures Concerning Military Troops and Marijuana Use
The House lawmakers have approved two amendments to a must-pass defense spending bill relating to marijuana in the U.S. military. The House Armed Services Committee passed this through voice votes during a markup of the ... [Read]
Senate Rejects Safe Banking Act for the Sixth Time, Says Marijuana Banking Bill Will Not Be Part of the Competes Act
Punchbowl News reported on Thursday that the bipartisan congressional members have concluded that the Marijuana Banking Legislation will not be part of the final version of the United States Innovation and Competition (COMPETES ) Act. ... [Read]
Cannabis Company Goodness Growth Launches New Hicolor Cannabis Chew in New York
Goodness Growth Holdings, Inc. (OTCQX: GNDSF), a science-focused IP developer and physician-led cannabis, has started a new HiColor cannabis-infused chews brand in New York. The newly launched cannabis product is now available through the company’s ... [Read]
Cannabis Co. Juva Life Gets $11.8M Financing for Clinical Research and Operations’ Expansion
Juva Life Inc. (OTC: JUVAF), a cannabis-focused pharmaceutical research, development, and consumer-centric company, has secured a dilutive financing of $11.8 million. This funding has helped the company acquire its Stockton, California facility and improve its ... [Read]
Easier Access to Cannabis in Thailand Is Raising Health Concerns
Thailand legalized the cultivation and use of cannabis this month, reversing a sweeping approach to long prison sentences or even the death penalty for drug offenses. Now, the country faces widespread criticism for legalizing cannabis ... [Read]
Spanish Pharmacies to Start the Sale of Medicinal Cannabis in 2022
Medicinal Cannabis might soon become available in Spanish pharmacies in 2022 as a subcommittee within the Spanish congress on medicinal cannabis has approved a final report that will control and regulate the therapeutic use of ... [Read]
Flora Growth Congratulates Colombia’s Pro-Cannabis President-Elect
FORT LAUDERDALE, Fla. & TORONTO--Flora Growth Corp. (NASDAQ:FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, congratulates Gustavo Petro and the Humane Colombia Party on their ... [Read]
Sundial Growers Starts Bid Agreement to Purchase Zenabis Global Assets
In an announcement on Monday, Sundial Growers (NASDAQ: SNDL) confirmed that it had entered a purchase agreement with Zenabis Global. This Agreement is in the form of a “stalking horse bid” pursuant to which the ... [Read]
Rapper Redman Introduces National Cannabis Party, Set to Hold Lawmakers Accountable for Their Cannabis Standing
At the recent Cannabis World Congress & Business Exposition (CWCB) in New York City, popular rapper Redman introduced the new National Cannabis Party. Redman co-founded the party with Sephida Artis-Mills, who is currently the president ... [Read]
Congress Proposes Marijuana Protections For Banks, Advertisers and Immigrants
The Department of Homeland Security (DHS), Financial Services and General Government (FSGG), and the U.S. Agriculture Department (USDA) are proposing new cannabis policy changes to the Fiscal Year 2023 spending bills. The updated Congress bill ... [Read]