The word “cannabis” refers to all products derived from the Cannabis sativa plant, which contains about 540 chemical substances. “Marijuana” refers to parts of or products from the plant containing substantial amounts of Δ9-tetrahydrocannabinol (THC). THC is the intoxicating substance primarily responsible for affecting a person’s mental state. More than 100 other cannabinoid … [Read more...] about The Many Risks of Cannabis and High-Dose THC
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Federal Agency Honors Hemp Company With Award Recognizing Commitment To Veterans’ Employment
A federal agency has announced the recipients of an award honoring companies that successfully support military veterans—including a cannabis business that utilizes hemp for building material. In a notice published in the Federal Register on Friday, the U.S. Department of Labor’s Veterans’ Employment and Training Service (VETS) said it is recognizing a “select group of … [Read more...] about Federal Agency Honors Hemp Company With Award Recognizing Commitment To Veterans’ Employment
Wild West of THC: Texas hemp shops can sell weed and ‘no one’s gonna stop them,’ says Sid Miller
When it comes to regulating consumable hemp-derived products in Texas, there's no sheriff in town. That's according to Agriculture Commissioner Sid Miller, who used to own a hemp farm, and Lt. Gov. Dan Patrick, who's pushing for a ban to bring in line what they see as a Wild West for THC. Lounges, dispensaries and cafes vending cannabis and cannabis-based products continue to … [Read more...] about Wild West of THC: Texas hemp shops can sell weed and ‘no one’s gonna stop them,’ says Sid Miller
South African scientist talks about health benefits of medical cannabis in Manila visit
MANILA, Philippines — Globally renowned South African cannabis scientist and clinician Dr. Shiksha Gallow advocated for the legalization of medical cannabis in the Philippines, citing scientific evidence of its health benefits. Gallow led a press conference held at Solaire Resort and Casino last December 19 to speak on how medical cannabis has been aiding cases abroad. "The … [Read more...] about South African scientist talks about health benefits of medical cannabis in Manila visit
FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint
Cansortium Inc., a vertically integrated, multistate cannabis company operating under the FLUENT brand, and RIV Capital Inc., a vertically integrated cannabis company operating the Etain brand in New York, are pleased to announce the completion of the previously announced arrangement with RIV Capital (the “transaction”), whereby FLUENT acquired all of the issued and outstanding … [Read more...] about FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint
Third Circuit Affirms That New Jersey’s Cannabis Law Does Not Allow a Private Right of Action
On December 9, 2024, the U.S. Court of Appeals for the Third Circuit upheld the New Jersey district court’s previous ruling that there is no private right of action under New Jersey’s Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (“the Act”). Enacted in 2021, the Act not only legalized recreational marijuana use in New Jersey, but went a step … [Read more...] about Third Circuit Affirms That New Jersey’s Cannabis Law Does Not Allow a Private Right of Action
Marijuana MSO Standard Wellness secures $10 million loan
Help shape our annual “Diversity in Cannabis” special report by filling out our business survey here! Marijuana multistate operator Standard Wellness Holdings has secured a $10 million credit facility. The 10-year term loan, which amortizes over 20 years with a 9.25% interest rate, will support the Ohio-based company’s growth and operational expansion, according to a news … [Read more...] about Marijuana MSO Standard Wellness secures $10 million loan
Thousands of plants seized from licensed grower accused of diverting pot to black market
TACOMA, Wash. — A long investigation into an illegal marijuana growing and sales operation resulted in a large seizure of plants and processed pot in Tacoma. Authorities investigated a legal tier 2 licensed cannabis producer and processor who was discovered to be diverting and selling significant quantities of marijuana into the black market, according to investigators with the … [Read more...] about Thousands of plants seized from licensed grower accused of diverting pot to black market
New Yorkers unfairly favored in state cannabis licensing program, companies tell circuit
MANHATTAN (CN) — Two cannabis dispensary companies asked the Second Circuit Thursday to halt New York from issuing retail dispensary cannabis licenses, claiming that the state’s Office of Cannabis Management and Cannabis Control Board unfairly favors New York residents over sellers from out of state. The department uses a lottery system to process license applications. It … [Read more...] about New Yorkers unfairly favored in state cannabis licensing program, companies tell circuit
Traveling for the holiday? Here’s what the TSA says about flying with marijuana
The Transportation Security Administration (TSA) issued a statement regarding trying to take marijuana on a flight. Many Ohioans will travel to see relatives during the holiday season. After becoming the most recent state to legalize recreational marijuana use, some may be wandering if they can bring marijuana products on their flight. According to WJW, the short answer is … [Read more...] about Traveling for the holiday? Here’s what the TSA says about flying with marijuana