Medical Cannabis News

Synonyms: 
mmj
Tue
24
Feb

Alaska becomes latest state to legalize marijuana use

(CNN)Marijuana smokers now have a new place to put on their bucket lists: Alaska, which on Tuesday became the third state to officially OK marijuana use.

Following Colorado's lead, voters passed the Alaska Marijuana Legalization ballot measure in November. Legalization became official on Tuesday, which means that now "the use of marijuana (is) legal for persons 21 years of age or older."

There are limits to this law, as there are in similar ones in other states. People still can't legally have more than 1 ounce of marijuana on them. Nor can they harvest more than 4 ounces in their home. And consuming marijuana in public and driving while high are no-nos.

Tue
24
Feb

Latest Patient Counts in Emerging Medical Marijuana Markets: Nevada, Illinois, Massachusetts

Medical marijuana dispensaries are slated to launch in several new states this year, accelerating the MMJ industry’s march across the country.

But it’s difficult to determine the potential size of these markets, as it will largely depend on how many patients register for medical cannabiscards.

So far, patient totals are relatively low in these states.

Just 200 people have signed up for cards in Delaware, where the first and only dispensary allowed is scheduled to open this spring. That represents a miniscule .02% of the population.

Tue
24
Feb

CEN Biotech to fight medical marijuana licence rejection in court

A group behind a proposed medical marijuana operation in Lakeshore is taking the federal government to court.

CEN Biotech has applied for a federal judicial review after Health Canada earlier issued a notice it intended to deny the company’s application to operate a medical marijuana facility. The company has called the government’s position “unlawful or unreasonable.”

CEN Biotech accuses Health Canada of acting beyond its jurisdiction and without procedural fairness, according to court documents filed in Toronto.

The federal department is also accused of “breaching confidentiality” by forwarding correspondence to third-parties, including the town of Lakeshore, a move which it claims harmed the company’s standing.

Tue
24
Feb

Heliospectra AB hires DR. Sue Sisley as director of medicinal plant research

GÖTEBORG, Sweden/SAN FRANCISCO, Calif., Feb. 23, 2015—Heliospectra AB (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouse cultivation and plant research, today announced that it has hired Dr. Sue Sisley as Director of Medicinal Plant Research.

As Director of Medicinal Plant Research at Heliospectra, Dr. Sisley provides the company with “in the field” knowledge and customer feedback. Working with growers to develop scalable medicinal plant growing methodologies, Dr. Sisley oversees data collection and reporting protocol with Heliospectra’s medicinal plant cultivators in the US, Canada and globally.

Tue
24
Feb

Regulators offer warning about prospective medical marijuana firms

Canadian securities regulators have issued a warning to investors about claims being made by would-be medical marijuana companies, saying a review has concluded many are providing deficient information when announcing plans to join the sector.

Securities commissions in British Columbia, Alberta, Ontario and Quebec teamed up to review press releases issued by 62 publicly traded companies announcing plans to become marijuana producers under a new federal program that opened last April. The program will permit private-sector companies to grow and sell marijuana under license from Health Canada.

Tue
24
Feb

GMP will NOT be enforcing tough new drug-driving law over concerns about the equipment

A tough new law against drug-driving comes into force next week - but Greater Manchester Police will not be enforcing it.

‘The biggest shake-up of drug-driving laws for 85 years’ will be rolled out by the Department for Transport next Monday.

Modelled on drink-driving testing, it places legal limits on eight illegal drugs and eight medicinal drugs.

The Department for Transport has set low limits for illegal drugs like heroin and cocaine and higher limits for the eight prescription drugs.

Police are meant to enforce the new laws with roadside saliva-testing kits followed by blood and urine tests at the station.

Mon
23
Feb

Medical marijuana: Federal Court to decide who has the right to grow in Canada

A constitutional challenge of Canada's new medical marijuana laws got underway Monday morning in Federal Court in Vancouver.

The case centres on whether patients can grow their own pot for medicinal purposes.

Last April new federal marijuana laws banned all home growing for medical purposes, meaning users would have to buy pot from licensed growers.

But four patients who grow their own marijuana challenged the new regulations in court, arguing licensed producers will inflate the price, making medical marijuana too costly.

The court heard testimony from Shawn Davey, who uses medical marijuana to alleviate chronic pain.

His lawyer John Conroy argued the new laws force patients like Davey to choose between liberty and health.

Mon
23
Feb

Marijuana Investing Update – Here Comes the Judge!

To be a good investor you have to know about the company, the industry, the macro-economics, and the legal context in which the investees operate.

If you’ve been following the MMPR (Marihuana for Medical Purposes Regulations) licencing story, you know it’s been a confounding morass of stumbling fits and starts. No jurisdiction in the world has gotten it right from the beginning, and we can add Canada to that list. Investments in public MMPR applicants or licence holders have been frustrating at best, a shocking loss of capital at worse.

Mon
23
Feb

Canadian Securities Regulators' Review Finds Medical Marijuana Business Disclosure Deficient

TORONTO, Feb. 23, 2015 /CNW/ - Members of the Canadian Securities Administrators (CSA) today released CSA Staff Notice 51-342 Staff Review of Issuers Entering Into Medical Marijuana Business Opportunities, which summarizes the CSA's findings and disclosure expectations for reporting issuers contemplating involvement inCanada's medical marijuana industry.

The CSA's review aimed to determine if reporting issuers were meeting the requirements of National Instrument 51-102 Continuous Disclosure Obligations, in providing sufficient and balanced disclosure on their intent to enter the medical marijuana field.

Mon
23
Feb

Constitutional challenge of Canada’s medical marijuana laws begins in Vancouver

A constitutional challenge of Canada’s new medical marijuana laws will hear from marijuana law experts from Holland, Israel and the U.S. when it begins Monday in Vancouver.

The expert witnesses will include Robert Mikos, a law professor at Vanderbilt University in Nashville; Dr. Yehuda Baruch, the former head of Israel’s Medical Use of Cannabis Program; and Catherine Sandvos, an official with the Netherlands Office of Medicinal Marijuana.

Also on the witness list is Paul Grootendorst, a health economics expert at the University of Toronto, and Surrey Fire Chief Len Garis.

The fire chief is a witness for the defence – the Attorney General of Canada – who will testify about the dangers of marijuana grow operations.

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