Congresswoman Barbara Lee is one of the most cannabis-friendly politicians in US history, and she’s here to explain why legalization, going forward, needs to bring a parade of social justice right along with it.
Business
All posts from 'Business' category
Beer giant Molson Coors has set a December date to roll out a line of CBD-infused beverages in Canada with partner Hexo Corp. The portfolio of drinks hitting shelves in Canada will be called Flow Glow and start with two flavors with 10 milligrams each of CBD: Goji+Grapefruit Raspberry+Lemon The companies also plan to roll […]
The Cosmo Cultivator of the Year. Regional Game Changer. Community Impact. These are just some of the categories for which the editorial team of Marijuana Business Daily vetted more than 670 entries for the inaugural MJBizDaily Awards. With the list of nominees having been culled to 55 finalists, a panel of cannabis industry professionals is […]
Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer are suing each other in rival federal cases over a bad crop and allegations of missed payments and misspent advances. The cases center on Go Farm Hemp, a Henderson, Nevada-headquartered company that entered contracts to grow hemp in 2019 for Canopy Growth in Colorado, Kentucky, […]
Editor’s note: A version of this story appeared earlier on Marijuana Business Daily. Both hemp and marijuana businesses are taking careful note as professional cannabis courses and programs spring up at universities and other educational institutions across the country. Examples include Northern Michigan University, Doane University in Nebraska, the University of Denver and University of […]
Canadian cannabis giant Canopy Growth Corp. has bought a majority stake in BioSteel Sports Nutrition, a Toronto-based producer of athletic nutrition and hydration products. The cash transaction gives the Smith Falls, Ontario-based cannabis producer a 72% stake in BioSteel on the path to 100% ownership. Terms were not disclosed. Canopy Growth says the acquisition is […]
Members of the House of Representatives voted 321 to 103 in favor of HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. Two-hundred and twenty-nine Democrats and 91 Republicans cast ‘yes’ votes in favor of the measure.
Majority Leader Hoyer on Friday announced that members of the House are anticipated to hold a floor vote next week on The SAFE Banking Act (HR1595), which explicitly permits banks and other financial institutions to work directly with state-legal marijuana businesses.
Reacting to the President’s comments, NORML’s Political Director Justin Strekal said, “The reiteration of a non-enforcement policy from the president is a clear sign that states should continue to defy the federal government when it comes to marijuana prohibition.”
As the CDC continues to investigate more than 450 cases of lung disease suspected to be caused by vaping, the Trump Administration moved forward with plans to ban flavored, non-tobacco e-cigarettes. In a statement, Human Services Secretary Alex Azar said “The Trump Administration is making it clear that we intend to clear the market of flavored […]
