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Thu
04
Apr

Marijuana unlikely star of Israel’s elections as cannabis industry booms

In a campaigning field inundated with some of the Middle East’s heaviest issues, from the threat of a new war with Gaza and the occupation of the Golan Heights, marijuana has emerged as a hot topic in Israel. 

Legalised for medical use over 20 years ago, the drug was licensed for export earlier this year, and ahead of a general election next week, the question of recreational legalisation is now being used as a campaigning tool. 

Wed
27
Mar

U.S. House committee will likely pass pot banking measure: Cowen

A House committee will probably pass a bill to get cannabis industry cash off the streets and into bank accounts, although a final vote may not happen until Wednesday, Cowen says.

Called the “SAFE Act,” short for the “Secure and Fair Enforcement Banking Act,” the measure would allow banks to service cannabis companies that comply with state laws. The House Financial Services Committee is due to start debating several bills at 2 p.m., including the pot banking bill, which Cowen regards as “positive for banks and cannabis companies,” analyst Jaret Seiberg wrote in a note.

Wed
20
Mar

Cannabis investors eye Uruguay in push for global weed exports

Serious marijuana money is starting to show up in Uruguay.

Almost six years after the South American country of 3.4 million people legalized cannabis, investors are betting Uruguay can become an export hub for medical marijuana as the industry expands around the world.

Silverpeak Life Sciences Uruguay Inc, one of the largest companies in the country’s nascent medical marijuana industry, is in talks with investment bankers to raise US$35 million this year to quadruple production and build a larger extraction lab in 2020, according to chief executive officer and U.S. cannabis investor Jordan Lewis.

"Our planned and desired expansion would be about 25 tons next year and that should push us above US$100 million in revenue," Lewis said.

Tue
19
Mar

Jefferies expects CBD beauty market to reach $25 billion in 10 Years

After initiating coverage of the cannabis industry Feb. 25, Jefferies analysts have followed up with their take on the CBD segment, particularly CBD beauty products. The research firm estimates that the CBD category could reach $25 billion globally in the next decade and will amass 15 percent of the total skincare market.

Wed
13
Feb

First medical marijuana crop passes state inspection

Louisiana has cleared another major hurdle in the race to get its medical marijuana program running. The state’s first medical marijuana crop has passed each laboratory inspection conducted by the Department of Agriculture and Forestry (LDAF), LSU AgCenter officials confirmed Tuesday.

Fri
08
Feb

Arizona Supreme Court to clarify where concentrates stand in medical marijuana law

The Arizona Supreme Court will hear oral arguments on March 19 in the case of Rodney Jones, a registered medical marijuana patient who was convicted of possession of hashish. The court in Jones’ original trial found that the Arizona Medical Marijuana Act (AMMA), passed by voters in 2010, does not protect cannabis concentrates including hash or hash oil. Jones was convicted and sentenced to two-and-a-half years in prison.

Tue
05
Feb

Oregon Bill introduced to help medical marijuana users get organ transplants

In Oregon, a bill has been proposed that would bar organ transplant center from restricting transplants to patients based on their use of medical marijuana. House Bill 2687 would help clear the path to a transplant for patients currently using cannabis to deal with chronic pain and other conditions—but critics say it would create unsafe conditions for health care, particularly given the scarcity of organs currently available for transplant.

The bill is sponsored by Portland representative Rob Nosse. He says it was inspired by the Oregon House Committee on Health Care testimony of a woman who is banned from being her husband’s organ donor because he uses cannabis.

Tue
05
Feb

Cannabis studied to treat conditions from football-related brain trauma

Junior Seau was a star NFL linebacker with a 20-year career playing for the San Diego Chargers, Miami Dolphins and New England Patriots. In 2012, at age 43, he shot himself in the chest instantly ending his life. An autopsy found no substances in Seau's system, and the San Diego County medical examiner did not find brain trauma. So, what drove the successful linebacker to take his own life?

Wed
30
Jan

Legal States can breathe a sigh of relief following AG candidate William Barr's cannabis pledge

William Barr - President Trump's pick to replace Jeff Sessions as the US attorney general - has doubled-down on his commitment to take a hands-off approach to cannabis consumers and companies in states that have legalized marijuana use.

Fri
25
Jan

Global hemp seed oil market analysis by product, application, technology to 2019-2025

Marketandresearch.biz’s latest offering namely Global Hemp Seed Oil Market Research Report 2018 provides the most up-to-date data on Hemp Seed Oil industry, covering, the actual and potential market situation, and future outlook. The report comprises every detailed information about the market which basically covers a preface, market value, growth pattern and other relevant information. The report offers data which is obtained from various sources using primary and secondary researches, trends, other requirement related to the products and services.

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