Patents on Pot? U.S. Lawsuit Puts Cannabis Claims to the Test

In October, the U.S. government issued Axim Biotechnologies Inc a patent for a cannabis-based suppository to treat irritable bowel syndrome.

Britain’s GW Pharmaceuticals Plc, which recently brought to market a drug derived from marijuana for epilepsy, is now seeking patent protection for another one to treat eczema.

With marijuana now fully legal in Canada and at least partially legalized in the majority of U.S. states, companies are rushing to patent new formulations of the age-old botanical.  Continue reading “Patents on Pot? U.S. Lawsuit Puts Cannabis Claims to the Test”

Recreational Marijuana Sales to Begin in Massachusetts Tuesday

The first two retail marijuana shops in Massachusetts are set to begin selling products to the public Tuesday, marking the first time recreational pot will be sold east of the Mississippi.

The Massachusetts Cannabis Control Commission has given the green light to Cultivate Holdings, LLC, which has a retail shop in Leicester, and New England Treatment Access (NETA) LLC, which is readying a store in Northampton, to start selling marijuana and marijuana products. Continue reading “Recreational Marijuana Sales to Begin in Massachusetts Tuesday”

Marijuana Industry Has New Jersey Politicians Seeing Green

State Sen. Nicholas Scutari (D-Linden) likes to tell the story of the dinner party he attended years ago, when he had just arrived in Trenton.

“I said to the table, ‘I’m going to legalize marijuana in the state of New Jersey someday, and they laughed at me and laughed,’” said Scutari, who is also the city prosecutor in Linden and chairman of the Union County Democratic Committee. Continue reading “Marijuana Industry Has New Jersey Politicians Seeing Green”

7 Reasons Why Ohio Won’t Be Selling Medical Marijuana This Week

Ohio had a plan.

Sell medical marijuana to patients suffering from cancer, post-traumatic stress disorder and epilepsy. Set up a well-regulated, safe industry. Do it all in two years. Start this Saturday.

But that didn’t happen. Patients won’t have medical cannabis in their hands by the Sept. 8 deadline set by lawmakers when they passed a bill legalizing the treatment more than two years ago. Continue reading “7 Reasons Why Ohio Won’t Be Selling Medical Marijuana This Week”

Mandatory Testing Costly For Colorado Marijuana Growers

New mandatory marijuana pesticide testing in Colorado is putting a financial squeeze on local cultivators to the tune of thousands of dollars in increased costs.

The added expense is the latest financial blow to hit the state’s cultivators, which are already struggling with falling wholesale prices and a glut of product. Continue reading “Mandatory Testing Costly For Colorado Marijuana Growers”

First Medical Marijuana Licenses Approved Saturday In Oklahoma

The rollout Saturday of the state’s application portal for medical marijuana licenses went smoothly, with some residents noting they had been approved for their licenses earlier than expected.

Nearly 1,370 accounts had been registered and 366 patient applications and 205 commercial applications had been received by the Oklahoma Medical Marijuana Authority in the first hour after the portal went live. Continue reading “First Medical Marijuana Licenses Approved Saturday In Oklahoma”

Lawmakers ask governor to halt scheduled shutdown of Michigan medical marijuana facilities

A group of Michigan legislators wants to prevent a scheduled shutdown of many of the state’s medical marijuana businesses.

At issue, the band of nine Democrats and one Republican says, is a “significant backlog” of licensing applications from marijuana businesses, some of which applied prior to Feb. 15. Continue reading “Lawmakers ask governor to halt scheduled shutdown of Michigan medical marijuana facilities”

Denver marijuana sales reach record high of $587 million, sales across state continue to rise

Denver dispensaries sold more than $587 million in marijuana in 2017 even as sales in shops in other parts of the state continue to grow.

Retail sales totaled $377 million in Denver, according to the city’s annual report on the marijuana industry released Thursday. The city’s revenue from all marijuana sales in 2017 grew to $44 million, a 20 percent increase from the previous year. Continue reading “Denver marijuana sales reach record high of $587 million, sales across state continue to rise”

Ruling rejects limits on Florida medical marijuana businesses

In a ruling that could have a revolutionary impact if it stands, a Tallahassee judge has found a law limiting the number of medical marijuana operators in Florida runs afoul of a constitutional amendment approved by voters two years ago. Continue reading “Ruling rejects limits on Florida medical marijuana businesses”

Pennsylvania State Rep. To Introduce Recreational Marijuana Bill

If recreational marijuana becomes legal in Pennsylvania in the near future, its roots could be traced back to Pittsburgh.

State Rep. Jake Wheatley (D-Hill District) plans to introduce a bill to legalize the sale and purchase of marijuana throughout Pennsylvania. And not just medical marijuana, which has been sold since February, but recreational marijuana. This bill, if enacted into law, would also expunge criminal records for marijuana-related crimes that would become legal under the new law. Continue reading “Pennsylvania State Rep. To Introduce Recreational Marijuana Bill”