Legality of cannabis

Marijuana Conference, CWCBExpo, Discusses The State Of Medical Marijuana Laws Relating To The "Rohrabacher-Blumenauer Amendment"

Retrieved on: 
Thursday, April 26, 2018

The debate over the use of medical marijuana has persisted for nearly five decades.

Key Points: 
  • The debate over the use of medical marijuana has persisted for nearly five decades.
  • Believing marijuana was likely to be abused under the Act, Congress elected to classify marijuana as Schedule I.
  • Medical marijuana is currently legal in 29 states and can it be used without a prescription in 9 states.
  • The Amendment prohibits the Department of Justice from spending money to interfere with the implementation of medical marijuana laws at the state level.

New Data Showing Cannabis Markets Projected to Grow With a Compound Annual Rate Over 14%

Retrieved on: 
Thursday, April 26, 2018

New Frontier is forecasting the legal cannabis market to grow to $25 billion by 2025 with a compound annual growth rate of 14.7%.

Key Points: 
  • New Frontier is forecasting the legal cannabis market to grow to $25 billion by 2025 with a compound annual growth rate of 14.7%.
  • Instead, politicians regularly discuss their views on marijuana while on the campaign trail, and parents freely talk about cannabis with their children.
  • Many feel it is a market that's expected to see continued robust sales growth in the coming months and years.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Canadian Cannabis Presents Opportunities in Cultivation and Retail

Retrieved on: 
Thursday, April 26, 2018

Currently, cannabis production operations fall under the jurisdiction of the Access to Cannabis for Medical Purposes Regulations (ACMPR).

Key Points: 
  • Currently, cannabis production operations fall under the jurisdiction of the Access to Cannabis for Medical Purposes Regulations (ACMPR).
  • Unlike cultivation, which is regulated at the federal level, recreational cannabis retail programs will be developed and enforced by individual provinces.
  • Much like Choom, Aurora has also placed focus on addressing the flourishing retail sector of Canada's recreational cannabis market.
  • While many in the Canadian cannabis market look toward new construction and acquisition for growth capacity, some industry players are taking other approaches.

/R E P E A T -- Canopy Growth launches Spectrum Australia with support from the Victoria State Government/

Retrieved on: 
Thursday, April 26, 2018

SMITHS FALLS, ONand MELBOURNE, Australia, April 25, 2018 /CNW/ -Canopy Growth Corporation (TSX: WEED) ("Canopy Growth" or the "Company") is pleased to join the Victoria State Government in announcing the launch of the newest member of the Canopy Growth family, Spectrum Cannabis Australia ("Spectrum" or "Spectrum Australia").

Key Points: 
  • SMITHS FALLS, ONand MELBOURNE, Australia, April 25, 2018 /CNW/ -Canopy Growth Corporation (TSX: WEED) ("Canopy Growth" or the "Company") is pleased to join the Victoria State Government in announcing the launch of the newest member of the Canopy Growth family, Spectrum Cannabis Australia ("Spectrum" or "Spectrum Australia").
  • "Victoria is now home for Spectrum as we introduce our world renowned medical cannabis products to the State, across Australia, and throughout the entire APAC region as jurisdictions establish legal, regulated medical cannabis regimes."
  • The launch of Spectrum Australia builds on Canopy Growth's leadership position in the global medical cannabis space.
  • This goal will be accomplished by focusing on three core areas:
    This week Canopy Growth renewed its commitment to Australian partner, AusCann (ASX:AC8).

3C - 2018 Denver Business Journal Small Business Award Finalist

Retrieved on: 
Wednesday, April 25, 2018

DENVER, April 25, 2018 /PRNewswire/ -- In a groundbreaking cannabis industry development, 3C Consulting, LLC , the leading global, strategic cannabis consulting firm, has been selected as a finalist for the 2018 Denver Business Journal Small Business Awards in the Small Business (11-20 employees) category.

Key Points: 
  • DENVER, April 25, 2018 /PRNewswire/ -- In a groundbreaking cannabis industry development, 3C Consulting, LLC , the leading global, strategic cannabis consulting firm, has been selected as a finalist for the 2018 Denver Business Journal Small Business Awards in the Small Business (11-20 employees) category.
  • 3C is the first cannabis-related business to ever be nominated and selected as a finalist for this award.
  • This is a prestigious honor and 3C is grateful to be recognized by the Denver Business Journal.
  • 3C will be profiled in a special edition of the Denver Business Journal to be published on May 25, 2018.

NACB Releases Cannabis Industry's First-Ever National Advertising Rules, Commencing Public Comment Period

Retrieved on: 
Wednesday, April 25, 2018

WASHINGTON and DENVER, April 25, 2018 /PRNewswire-PRWeb/ --The National Association of Cannabis Businesses ( NACB ), the first and only self-regulatory organization (SRO) for U.S. licensed cannabis businesses, has published for comment the NACB Advertising National Standard .

Key Points: 
  • WASHINGTON and DENVER, April 25, 2018 /PRNewswire-PRWeb/ --The National Association of Cannabis Businesses ( NACB ), the first and only self-regulatory organization (SRO) for U.S. licensed cannabis businesses, has published for comment the NACB Advertising National Standard .
  • The NACB Advertising National Standard is available for public review and comment at http://www.NACB.com today until May 25, 2018.
  • Preventing cannabis advertisements from depicting the consumption of cannabis or promoting excessive use of cannabis, similar to the alcohol industry's voluntary advertising standards.
  • Advertising is the second NACB National Standard to be made available for public review and comment.

Canadian Cannabis Stocks Embark on Global Takeover

Retrieved on: 
Wednesday, April 25, 2018

Debs expects to import up to 200kg of dried Canadian cannabis flower monthly into Germany by the end of 2018 - rising from the current 150kgs per month.

Key Points: 
  • Debs expects to import up to 200kg of dried Canadian cannabis flower monthly into Germany by the end of 2018 - rising from the current 150kgs per month.
  • Aphria is one of Canada's lowest cost licensed cannabis producers, specializing in the production, suppy, and sale of medical cannabis.
  • Aurora Cannabis boasts the second highest square footage approved for cannabis production in Canada.
  • It was also the first federally regulated, publicly traded cannabis producer in North America, and the first billion-dollar cannabis corporation.

Legal and Medical Cannabis Market Values are Projected to Grow

Retrieved on: 
Wednesday, April 25, 2018

The report also indicates that North America leads the market holding nearly half of the market share in 2016.

Key Points: 
  • The report also indicates that North America leads the market holding nearly half of the market share in 2016.
  • The entity combines Hiku's strength in retail and branding - ensuring a high quality, consistent and educational consumer experience in the adult-use cannabis market - with WeedMD's existing service and quality in the medical market.
  • Hiku has built a portfolio of iconic, engaging cannabis brands, immersive retail experiences and handcrafted cannabis production.
  • THC is also active in scientific research and the development of products and services related to the medical cannabis industry.

Men's Health Features Medical Marijuana, Inc. CEO in Article on Use of Cannabis for Workout Recovery

Retrieved on: 
Wednesday, April 25, 2018

The April 20, 2018, article, " What You Need to Know About Using Cannabis for Workout Recovery ," provides a high-level overview of what to expect when using cannabis-based recovery products for workouts.

Key Points: 
  • The April 20, 2018, article, " What You Need to Know About Using Cannabis for Workout Recovery ," provides a high-level overview of what to expect when using cannabis-based recovery products for workouts.
  • The article features the author's interview with Medical Marijuana, Inc. CEO Dr. Stuart Titus and his commentary on the use of cannabis and cannabidiol (CBD), dubbing him "Doctor Cannabis."
  • The article states: "We asked Dr. Stuart Titus, PhD, the President and CEO of Medical Marijuana, Inc., about the buzz around cannabis-assisted recovery.
  • "It was a pleasure to be interviewed by Men's Health as they asked many insightful, probing questions," said Dr. Titus.

Cannabis Industry Keeps Making Steps Forward

Retrieved on: 
Wednesday, April 25, 2018

The legal cannabis industry continues to be one of the fastest growing areas of North America's economy.

Key Points: 
  • The legal cannabis industry continues to be one of the fastest growing areas of North America's economy.
  • The legalization of medical cannabis in Canada and many American states has fostered a thriving medical cannabis industry over the past decade, consisting of everything from pharmaceutical companies to retail specialists.
  • Given the unique circumstances of the cannabis industry, simply adopting this banking-in-a-box system wasn't going to provide the solution.
  • With companies developing new strains and techniques for using cannabis, the cannabis industry has an increasingly diverse range of products.