Marijuana Businesses Could Be Listed On Stock Exchanges And Access Financial Services Under New Bipartisan Bill
State-legal marijuana businesses would be able to be listed on national stock exchanges and access key financial services under a bipartisan congressional bill that was filed on Thursday. The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act is being sponsored by Reps. Troy Carter (D-LA) and Guy Reschenthaler (R-PA). While a main thrust of […]
Cannabis may stop use of antibiotics in chicken, says study
Bangkok, Jun 16 (EFE).- The use of cannabis in chicken feed could become an important step towards reducing the supply of antibiotics in the agro-industry, researchers in Thailand told EFE on Thursday. Preliminary results of a study conducted by the Department of Animal and Aquatic Sciences of the Faculty of Agriculture of Chiang Mai University […]
Maine’s Legal Marijuana Stores Are Effectively Displacing Illicit Market, State Report Finds
Maine marijuana regulators say that the launch of an adult-use cannabis market in the state has already exceeded expectations when it comes to driving down illicit sales. The Office of Cannabis Policy (OCP) released a report on Monday, based on a first-ever survey of about 2,000 residents. Among its key takeaways is that providing adults […]
More Than 6 In 10 Missouri Adults Support Legalizing Cannabis As Initiative Heads Toward Ballot, New Poll Says – Marijuana Moment
With cannabis legalization on track to be on Missouri’s November ballot, a newly released poll indicates strong support in the state. Of those surveyed, 62 percent said they support legalizing marijuana, while 25 percent said the drug should remain illegal. Another 13 percent said they weren’t sure. Support for legalization was strong across party lines. […]
Cannabis compounds prevent coronavirus from entering human cells
A new study published by researchers at Oregon State University found hemp compounds have the ability to prevent the virus that causes COVID-19 from entering human cells. Findings of the study led by Richard van Breemen, a researcher with Oregon State’s Global Hemp Innovation Center, College of Pharmacy and Linus Pauling Institute, were published this […]
MMA fighter Elias Theodorou fights to reform cannabis policies in professional sports
When MMA fighter Elias Theodorou steps into the cage on Saturday, he isn’t just looking to fight his opponent, Bryan Baker — he’s also fighting for medical cannabis rights.Although this fight will mark Theodorou’s second professional fight with a therapeutic use exemption for medical cannabis, it will be his first fight since gaining an exemption […]
Arizona Recreational Marijuana Sales Hit Record Monthly High, State Reports
Marijuana sales in Arizona hit record highs in October, with nearly $58 million in estimated sales of recreational cannabis for the month, according to state tax officials. For the month, the Arizona Department of Revenue reported that nearly $4.9 million in sales taxes—known officially as transaction privilege taxes—were collected in October for adult-use recreational marijuana. And […]
Visa Warns Against Misuse Of ‘Cashless ATMs’ Used By Cannabis Retailers To Skirt Restrictions
Visa, the world’s second-largest card payment company, recently issued a compliance memo to customers warning them that miscoding point-of-sale transactions through the use of so-called cashless ATMs—a practice used by some cannabis retailers as a workaround to accept credit or debit cards for purchases—could lead to penalties or other unspecified enforcement action. The warning comes […]
Supply Chain Issues Start to Hit U.S. Cannabis
Getting basic materials like ceramics, stainless steel and computer chips from China has gotten so difficult that its about to hit one of the few industries that has so far been insulated from supply-chain woes: U.S. cannabis. Rolling power outages in China have affected about six out of the 13 components that go into vape […]
Lawmaker Proposes Setting Aside Cannabis Licenses For Transgender And Non-Binary Business Owners
An Albany lawmaker has proposed a bill to make it easier for transgender and non-binary business people to participate in the emerging adult-use cannabis industry. The measure, introduced last month in the State Senate, comes on the heels of historic and progressive legislation passed earlier this spring to legalize marijuana. The law sets aside 50% […]