Minnesota marijuana oil sent to New York stirs anger

Minnesota lawmakers want to crack down on one of the state’s medical marijuana companies whose former executives have been charged with illegally shipping $500,000 of marijuana oils to New York, pushing legislation allowing regulators to revoke the manufacturer’s license and levy a huge fine. Continue reading “Minnesota marijuana oil sent to New York stirs anger”

Testing could stall access to medical marijuana in Ohio

Medical marijuana proponents worry that initially restricting laboratory testing to public universities could stall Ohio’s fledgling program.

Ohio’s new law on medical marijuana prohibits private laboratories from testing medical marijuana’s properties for one year. During that time, public universities would test medical marijuana produced within the state to ensure its safety for consumers. Continue reading “Testing could stall access to medical marijuana in Ohio”

Canada to Legalize Cannabis by July 2018

The cannabis industry scored a huge victory this week. And if my analysis is correct, cannabis stocks are setting up for a big rally in the next few weeks and even bigger rally in the long run. Let me explain.

On Sunday night, news leaked that on April 10 Canada will announce plans to legalize recreational cannabis by July of 2018. Here’s some coverage from CBCNews if you’d like to take a closer look. Continue reading “Canada to Legalize Cannabis by July 2018”

Illinois Lawmakers Introduce Marijuana Legalization Bills

Lawmakers are proposing to legalize recreational marijuana in Illinois but say the legislation probably won’t come up for a vote until next year.

Sponsors on Wednesday introduced bills that would make it legal for adults 21 and older to possess, grow and buy limited amounts of marijuana. Continue reading “Illinois Lawmakers Introduce Marijuana Legalization Bills”

Israel Looks to Make Serious Splash in Growing Medical Cannabis Industry

Israel, a leader in marijuana research and health technology, is attracting international investment as it tries to position itself as a cutting-edge exporter in the rapidly-growing market for medical-grade cannabis.

Continue reading “Israel Looks to Make Serious Splash in Growing Medical Cannabis Industry”

Anti-Legalization Big Pharma Company Has Their Synthetic THC Drug Approved By FDA

Insys Therapeutics, a pharmaceutical company that was one of the chief financial backers of the opposition to marijuana legalization in Arizona last year, received preliminary approval from the Drug Enforcement Administration this week for Syndros, a synthetic marijuana drug. Continue reading “Anti-Legalization Big Pharma Company Has Their Synthetic THC Drug Approved By FDA”

Powerhouse cannabis firms form lobby group to protect state-based weed laws

Some big-name firms in cannabis have formed a national advocacy and lobbying organization with an aim of turning big bucks into big changes for marijuana on Capitol Hill.

Denver-based dispensary powerhouse LivWell Enlightened Health and lawn-and-garden giant Scotts Miracle-Gro are among the founding board members of New Federalism Fund, a non-partisan 501(c)4 organization backing state-based regulatory systems for marijuana and policies to change federal tax and banking laws to better those systems. Continue reading “Powerhouse cannabis firms form lobby group to protect state-based weed laws”

Medical pot bill in South Carolina bolstered by conservatives

South Carolina Rep. Eric Bedingfield once shunned all marijuana use, but when his eldest son’s six-year struggle with opioid addiction ended with his overdose a year ago, the conservative Republican co-sponsored medical cannabis legislation. Continue reading “Medical pot bill in South Carolina bolstered by conservatives”