News
More US states allowing sales of hemp-derived products in MJ dispensaries for first time
From hempindustrydaily.com Colorado and Illinois are joining the ranks of nearly a dozen states where CBD and other hemp-derived products can be sold at marijuana dispensaries for the first time, opening a new sales outlet for the growing industry. In the absence of guidance from the U.S. Food and Drug Administration, states are taking their […]
Will COVID-19 eventually open new doors for the marijuana industry?
From mjbizdaily.com Members of the U.S. Congress have traditionally shown little interest in cannabis reform. But some marijuana executives are seeing signs that could suggest a change in how Congress views cannabis – and they’ve come at the oddest of times: during the coronavirus crisis. By the end of March, 50% of U.S. states and […]
Twenty-Four State-Level Cannabis Trade Associations and Four Financial Institutions Ask Congress to Include the Cannabis Industry in Next Congressional Coronavirus Relief Package
For Immediate Release: April 28, 2020 Contact: Monica McCafferty 303.903.3394 Twenty-Four State-Level Cannabis Trade Associations and Four Financial Institutions Ask Congress to Include the Cannabis Industry in Next Congressional Coronavirus Relief Package Washington, D.C. — In a letter authored by the American Trade Association for Cannabis and Hemp and Policy Center for Public Health and […]
Shutting Down Recreational Cannabis Dispensaries Amid the Coronavirus Pandemic Threatens Public Health and Invites Illicit Market Activity
Washington, D.C. — The American Trade Association for Cannabis and Hemp (ATACH) today issued the following statement in response to efforts by states and municipalities aiming to treat medical and recreational dispensaries differently as state-level executive orders on “essential businesses” determine which businesses may remain open amid the coronavirus pandemic. Said ATACH President Michael Bronstein: […]
Prices up for wholesale flower in both newer and mature medical cannabis programs but leveling off
From mjbizdaily.com Across the United States, medical marijuana business owners are reporting firm prices for wholesale flower, although actual price levels vary widely and largely depend on a market’s maturity. New programs such as Pennsylvania and Ohio are seeing top-of-the-market dollar figures for flower, bolstered by a growing number of new patients entering the markets. Read […]
What marijuana companies can learn from federal legalization of hemp
From mjbizdaily.com The nationwide legalization of hemp in 2018 offers marijuana companies lessons in preparing for a highly scrutinized, commodity-driven industry that likely will reward nimble, well-run companies. “While there’s a lot of talk about hemp and marijuana being different industries … (marijuana) can definitely learn from how hemp has rolled out nationally,” said Michael Bronstein, co-founder and president […]
Next Chapter in the Big Sky Case: Idaho State Court Approves Seizure of Hemp
From DuaneMorris On January 21, 2020, an Idaho state court held the Idaho State Police had the authority to seize a shipment of federally lawful hemp that was transported through Idaho in January 2019. Idaho State Police v. One White 2013 Freightliner Commercial Vehicle et al. Although the hemp businesses involved had… Read More…
Feds to Banks: It’s OK to Work With Hemp Companies
From CannabisWire.com Hemp businesses won’t have to jump through so many hoops to secure banking services. Four federal agencies and state bank regulators released a statement Tuesday that “emphasizes” that “banks are no longer required to file suspicious activity reports (SAR) for customers solely because they are engaged in the growth or cultivation of hemp,” as long […]
The Long-Awaited USDA Rules on Hemp Production Have Arrived
From CannabisWire.com The United States Department of Agriculture unveiled rules today that will guide the booming domestic hemp industry, and likely accelerate the boom. After President Donald Trump signed the 2018 Farm Bill into law last December, legalizing hemp and hemp-derived products like CBD, the US Department of Agriculture promised to finalize federal regulations in […]
Organigram Assumes Board Positions on International Cannabis Industry Advocacy Organizations
MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce that a representative of the Company has assumed board positions with three international organizations committed to promote and foster global cannabis industry growth: The American […]
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