A Colorado credit union that’s been stymied in its attempts to serve marijuana businesses was given a boost on June 27 when a federal appeals court vacated a previous ruling that had banned the credit union from obtaining an account with the Federal Reserve Bank.
Search Results: chronicle (128)
It’s part of a whole PR campaign.
Here’s your daily dose of pot news from the newsletter WeedWeek.
Ahead of his confirmation hearing for Attorney General, a public relations campaign is trying to depict Sen. Jeff Sessions as emphatically not a racist. He has long been dogged by such accusations, due in part to a statement that he was ok with the Ku Klux Klan, until he heard that they smoke pot.
Rolling Stone envisions the war on drugs under Attorney General Sessions.
Canada.com looks at how legalization up north could alter Canadian/American relations.
An Arizona judge ruled that local officials can’t use federal law to block MED dispensaries.
The city of Copenhagen is pursuing a longshot legalization push in an effort to reduce gang warfare.
Caribbean nation Dominica will consider MED legalization next year.
Denver cannabis law firm Hoban Law Group may sue the DEA over its recent CBD ruling.
Purdue Pharma, which makes Oxycontin, is expanding overseas. In the U.S., the L.A. Times remarks, opioids are a “dying business.”
Hound Labs and Cannabix Technologies are racing to perfect a cannabis breathalyzer.
CBD pet treats are becoming big business.
Modern Farmer hangs out with Bear Real, a Colorado hemp scientist.
“There isn’t some megalithic industry that exists today…The notion that there are these gigantic, big-money players running in to take this whole thing over is just a fiction. There’s no Philip Morris, no Anheuser-Busch, no cannabis division at Bank of America. Even the most successful company is still barely in the growth stage.”
September was the third-straight best-month-ever for Colorado dispensaries.
A company called CanPay has what it calls the first “legitimate” debit payment system for dispensaries. The customer pays with a QR code accessed on their phone.
The Post Office has few safeguards for stopping employees who intercept weed sent through the mail.
Employers in California will still be able to fire workers who test positive. The San Jose Mercury News piece mentions that near one drug testing lab in Colorado, workers who arrive with containers of someone else’s clean urine tend to heat it up in a nearby convenience store’s microwave.
Canadian firms appear to be gouging the government healthcare system by signing up veteran MED patients for expensive strains according to a Vice report. Canadian companies could also benefit if there’s a crackdown in the U.S.
Florida entrepreneurs are excited about MED.
Jamaica’s licensing authority received 89 applications.
Scientists are working on a new drug that functions like MED without the psychoactive effect.
Recent studies suggest that cannabis use may have mental health benefits and could have a role in curtailing opiate use.
Viceland uncovers a U.K. network of underground MED providers who give it away to patients.
British Columbia Premier Christy Clark, a Liberal, said police had discovered pot and other drugs laced with the powerful opiate fentanyl. Vancounver police denied it.
It’s a big step towards national legalization.
One of the biggest cannatech raises to date.
Cannabis has a $2.4 billion economic impact in Colorado, according to a report from the Marijuana Policy Group. It predicts that sales in the state will plateau at $1.5 billion in 2020. The industry has created18,000 jobs in the state (not all of them directly) and is bigger than Colorado’s craft beer industry.
CannaKids founder Tracy Ryan with her daughter Sophie.
The issue often comes up
The REC initiatives in Massachusetts and three other states include measures that protect parents from losing custody of their children as a result of marijuana use. An Idaho mom has lost custody of her kids and is facing criminal charges after giving her child cannabis butter to relieve seizure-like symptoms.
It’s one of many theories.
Three Phoenix cops resigned and face criminal charges after allegedly forcing a 19-year old to eat marijuana or go to jail.
Pro-legalization activists say opponent Kevin Sabet broke the law by displaying a bag of infused gummies on a television panel in Boston. Sabet didn’t return an email requesting comment.
Lt. Gen. Jack L. Rives, Air Force judge advocate general, pins the Meritorious Service Medal on Col. Lindsey Graham in a Pentagon ceremony April 28, 2009. In addition to being a U.S. senator from South Carolina, Colonel Graham is an individual mobilization augmentee and the senior instructor at the Air Force JAG School at Maxwell Air Force Base, Ala. (U.S. Air Force photo)
He held a hearing on how its classified by the Federal Government.
South Carolina Sen. Lindsey Graham is the latest high-profile Republication to show hints of evolving on cannabis policy. He’s a cosponsor of the CARERS Act which would, Politico writes: “reclassify marijuana so that it is considered to have some medical value; permit banks to handle money from legal marijuana businesses; prevent the government from interfering with state-legal medical marijuana programs; exclude non-psychoactive marijuana extracts from the definition of marijuana; grant military veterans access to medical marijuana; and break the government’s monopoly on medical marijuana research.”
It currently sells a powerful opiate.
Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek.
The Intercept reports that Insys Therapeutics, the company that donated $500,000 to oppose REC in Arizona, is about to release a synthetic THC spray to relieve side effects associated with chemotherapy that would compete directly with MED. It’s been more widely noted that Insys’ only current product is an opioid spray. Insys noted in a 2007 SEC filing that legalization is a threat to its business.
Forbes surveys a list of cannabis-involved pharmaceutical companies that are takeover targets. Insys is among them.
it’s another security concern dispensaries face.
The following is excerpted from the newsletter WeedWeek. Get your free and confidential subscription at WeedWeek.net.
Ryan Kunkel, owner of Seattle dispensary Have A Heart alleges that a recent robbery was an inside job.
Mexican police executed more than 42 suspected gang members on a ranch last year.
The Justice Department said it would stop using private prisons on grounds that they’re more dangerous and less well run than public prisons. The move does not apply to most prisoners in the country, who are incarcerated under state laws.