The outlook for Uruguayan hemp: Q&A with Sergio Vazquez of Uruguay’s agriculture ministry

(Editor’s note: Sergio Vazquez will appear at the MJBizDaily Latin American Cannabis Symposium, Sept. 30-Oct. 1, in Bogota, Colombia.) While Latin American countries generally have yet to see the formation of anything close to a real hemp market, some areas will begin to see an export stream next year. Even in Uruguay, the first country in […]

Hemp-banking protections pass US House as part of landmark cannabis bill

House lawmakers passed a historic cannabis banking bill Wednesday that also provides a safe harbor for financial institutions serving hemp and hemp-derived CBD businesses. Proponents believed that such provisions were necessary despite the fact that hemp became legal nationwide with the enactment of the 2018 Farm Bill. The hemp amendments in the SAFE Banking Act, […]

House Members Pass Historic Legislation Legitimizing Retail Cannabis Sales

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.

Statement on House Passage of Marijuana Banking Bill & Commitments From Judiciary and Leadership to Move MORE Act Forward

Congress Must Do More Than Marijuana Banking Bill Washington, D.C. – Below is a statement from Queen Adesuyi, Policy Coordinator at Drug Policy Alliance’s Office of National Affairs, in response to the House’s passage of the SAFE Banking Act (H.R.1595) and House Judiciary Chairman Jerry Nadler committing to a vote on the MORE Act (H.R.3884/S.2227). […]

‘It is not an overnight process’: Q&A with David Gordon of Colombian hemp producer PharmaCielo

(Editor’s note: David Gordon will appear at the MJBizDaily Latin American Cannabis Symposium, Sept. 30-Oct. 1, in Bogota, Colombia.) Cannabis companies are investing heavily in Latin American markets, where low-THC varieties known as hemp in the U.S. play a large role in nascent medical marijuana regulations. The companies that entered Colombia in recent years are seeing […]

UK farmers group endorses hemp products to reduce global warming

Hemp-derived construction components could help reduce greenhouse-gas emissions and should be promoted by the government, according to a new report from an English farmers association. The National Farming Union, a group of about 50,000 farmers in England and Wales, touted hemp construction in a plan detailing ways to get England’s and Wales’ farming industries to […]

Arthritis Foundation issues CBD guidance, a first among major patient advocacy groups

The Arthritis Foundation became the first major patient advocacy group to issue CBD recommendations, telling some 50 million arthritis patients Tuesday what to look for when choosing CBD. The group did not recommend using CBD to treat arthritis symptoms, though it noted that people with arthritis show “significant use of and interest in CBD” for […]

Ecuador considers hemp changes amid broader cannabis review

Ecuador may change its laws around hemp as part of a broader overhaul of how the South American country treats medical cannabis. Last week, Ecuador’s Congress approved a major reform of the Organic Integral Criminal Code. Ecuador is one of the few South American countries that still has not legalized hemp nor medical cannabis. If given […]

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