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on November 14, 2018 in Cannabis News United States

New study on medical cannabis for pets ‘will hopefully contribute to legalization everywhere’

Submitted by Marijuana News One of the hottest topics in cannabis culture today is letting pets use pot, writes Sara Ritchie. As more people are looking for more natural treatments for their healthcare, many pet owners are hearing about the potential benefits that cannabis offers and wondering if it can be applicable for their furry friends. Civilized recently spoke with Samantha Wormser – Rescue Manager for Pet Conscious and a spokesperson for Canna-Pet, which makes CBD-infused treatments for cats and dogs. However, she says the word “treat” has to be used carefully. In 2016, the U.S.  Food and Drug Administration (FDA) sent a warning letter to...

Submitted by Marijuana News One of the hottest topics in cannabis culture today is letting pets use pot, writes Sara Ritchie. As more people are looking for more natural treatments for their healthcare, many pet owners are hearing about the potential benefits that...

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on November 14, 2018 in Cannabis News United States Featured

Branding and retail experts arrive to reinvent the cannabis consumer experience

Submitted by Marijuana News With adult-use cannabis legalization momentum in full swing, the next stage for this newly emerging market has arrived. In order to establish brand loyalty, branding and retail experts such as Green Growth Brands (CSE:GGB), HEXO Corp. (TSX: HEXO) (OTC: HYYDF), Namaste Technologies Inc. (TSX-V:N) (OTC: NXTTF), MPX Bioceutical Corporation(CSE:MPX) (OTC: MPXEF), and Auxly Cannabis Group Inc. (TSX-V:XLY) (OTC: CBWTF) are giving consumers plenty of new products, and a more pleasant buying experience. Now that the stigma over cannabis is slowly disappearing, retailers and producers are rushing to establish their identity early, and gain a loyal customer base right off the bat. In anticipation of what might be called “the...

Submitted by Marijuana News With adult-use cannabis legalization momentum in full swing, the next stage for this newly emerging market has arrived. In order to establish brand loyalty, branding and retail experts such as Green Growth Brands (CSE:GGB), HEXO Corp. (TSX: HEXO) (OTC: HYYDF), Namaste Technologies...

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on November 14, 2018 in Cannabis News Asia - Pacific Featured

The Republic Of Vanuatu is the latest country to legalize medical marijuana

Submitted by Marijuana News The Republic of Vanuatu—a South Pacific country with a population of 277,000—has announced they will be legalizing medical marijuana, writes Calvin Hughes. The small archipelago nation off the west coast of Australia hopes to have their first medical marijuana production licenses issued by the end of the year. Story Continues Below “I confirm that the council of ministers on Sept. 20 passed a policy paper to change the laws of Vanuatu to permit the cultivation and use of cannabis for medicinal and research purposes in Vanuatu by licensed parties,” Vus Warorcet Nohe Ronald Warsal –  Vanuatu’s acting...

Submitted by Marijuana News The Republic of Vanuatu—a South Pacific country with a population of 277,000—has announced they will be legalizing medical marijuana, writes Calvin Hughes. The small archipelago nation off the west coast of Australia hopes to have their first...

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on November 14, 2018 in Cannabis News United States Featured

Can artisanal weed compete with ‘Big Marijuana’?

Submitted by Marijuana News You’ve heard of Big Pharma and Big Tobacco. How about Big Marijuana? The drug’s growing legalization is raising concerns among small-scale marijuana farmers and retailers that the corporatization of weed may be right around the corner. For example, earlier this year NASDAQ became the first major U.S. stock exchange to list shares of a marijuana production company. And in August, Corona-maker Constellation Brands shocked Wall Street by making a US$3.8 billion investment in a Canadian marijuana producer, sparking a bull market in marijuana stocks industry-wide. Even Coca-Cola is exploring opportunities to get involved. Corporate and Wall Street interest in weed is only going to...

Submitted by Marijuana News You’ve heard of Big Pharma and Big Tobacco. How about Big Marijuana? The drug’s growing legalization is raising concerns among small-scale marijuana farmers and retailers that the corporatization of weed may be right around the corner. For example,...

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on November 14, 2018 in Cannabis News Canada Featured

Revenues at cannabis startups surge as demand begins to outstrip supply

Submitted by Marijuana News Three of the largest cannabis companies reported earnings this week, painting a portrait of a nascent industry enjoying surging demand as recreational pot becomes legalized in more places—but they’re also encountering some growing pains. Aurora Cannabis said Monday its revenue rose 260% to $29.7 million Canadian dollars (US$22 million). Net income came in at C$105.5 million, up from C$3.56 million a year ago, largely because of unrealized gains on securities. On Tuesday, Tilray said revenue rose 86% to C$10 million, while its net loss increased to C$19 million from C$1.8 million a year ago, driven...

Submitted by Marijuana News Three of the largest cannabis companies reported earnings this week, painting a portrait of a nascent industry enjoying surging demand as recreational pot becomes legalized in more places—but they’re also encountering some growing pains. Aurora...

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on November 14, 2018 in Cannabis News United States

Time to cut the red tape on banks doing business with marijuana?

Submitted by Marijuana News In 2016, a Republican sweep in races for Congress and the White House signaled the likelihood of changes in arcane banking regulations that elated Wall Street but were as familiar to the denizens of Main Street as the text of the Magna Carta or the 39 signatures on the U.S. Constitution. The results of last Tuesday’s mid-term elections signal a potential shift in a far less esoteric rule: one that effectively prevents banks from opening accounts for marijuana distributors. “There’s growing recognition that the policy that makes it difficult to nearly impossible for state-legal marijuana...

Submitted by Marijuana News In 2016, a Republican sweep in races for Congress and the White House signaled the likelihood of changes in arcane banking regulations that elated Wall Street but were as familiar to the denizens of Main...

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on November 14, 2018 in Cannabis News United States Featured

Cannabis companies generously support their communities but don’t get to deduct it from their taxes

Submitted by Marijuana News As we come into the home stretch of 2018, the cannabis industry is thinking about big important things. You know… MJBizCon in Las Vegas, the upcoming holidays, end-of-year tax planning. Rest assured, the last group is smallest by far. But not for the reason you’d think. Non-cannabi will make end-of-year charitable contributions to reduce 2018 federal taxes. Cannabis companies cannot capture that deduction, says Jeff Garrison, CPA. “The same federal laws that prohibit interstate banking and commerce prohibit federal charitable tax deductions by cannabis businesses.” “At the same time,” says Garrison: “Many applications for state or city cannabis...

Submitted by Marijuana News As we come into the home stretch of 2018, the cannabis industry is thinking about big important things. You know… MJBizCon in Las Vegas, the upcoming holidays, end-of-year tax planning. Rest assured, the last group...

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on November 14, 2018 in Cannabis News United States Featured

10 cannabis executives predict how AG Jeff Sessions’ retirement will affect the marijuana industry

Submitted by Marijuana News When Attorney General Jeff Sessions tendered his resignation on November 7th, the cannabis industry took notice. As one of the most vocal marijuana opponents in the highest level of U.S. government, his resignation could pave the way for federal legalization. With Matthew Whitaker set to take Sessions’ place, the industry could be poised for significant change in the near future. How do cannabis industry insiders feel about this news? Will it be as groundbreaking as many hope? Here are insights and predictions from 10 cannabis and hemp industry executives to provide some perspective. Derek Peterson,...

Submitted by Marijuana News When Attorney General Jeff Sessions tendered his resignation on November 7th, the cannabis industry took notice. As one of the most vocal marijuana opponents in the highest level of U.S. government, his resignation could pave...

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on November 14, 2018 in Featured World News

The long route from approval to reality on cannabis ballot questions

Submitted by Marijuana News Nearly two years after recreational marijuana was legalized in the state, experts are concerned that the rollout will be caught up in delays and red tape as medical marijuana, another voter-approved measure, was four years earlier. When Massachusetts voters approved Question 4 in 2016, they established a Jan. 1, 2018 launch date for sales. That was pushed back by legislators to July 1. By mid-October, the Cannabis Control Commission, which was created by the law, had issued only six final licenses — two for retail, two for independent testing labs, a fifth for cultivation, and...

Submitted by Marijuana News Nearly two years after recreational marijuana was legalized in the state, experts are concerned that the rollout will be caught up in delays and red tape as medical marijuana, another voter-approved measure, was four years...

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on November 9, 2018 in Cannabis News Canada

Canada Post admits privacy breach involving 4,500 Ontario Cannabis Store customers

The Canadian Press Colin Perkel Someone used Canada Post’s delivery tracking tool to access postal codes and names or initials of the person who accepted delivery of marijuana Canada Post publicly admitted to a privacy breach involving thousands of Ontario’s online cannabis customers on Wednesday after the province’s only outlet for legal recreational marijuana notified clients of the problem. The postal service said in a statement that someone had used its delivery tracking tool to gain access to personal information of 4,500 customers of the Ontario Cannabis Store but declined to identify the information. “Both organizations have been working...

The Canadian Press Colin Perkel Someone used Canada Post’s delivery tracking tool to access postal codes and names or initials of the person who accepted delivery of marijuana Canada Post publicly admitted to a privacy breach involving thousands of...

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