OWC Pharmaceutical To Begin Testing On Cannabinoid-Infused Psoriasis Cream

Cannabis-infused Psoriasis cream

ISRAEL: OWC Pharmaceutical Research Corp., an Israeli-based developer of cannabinoid-based therapies targeting a variety of different medical conditions and disorders, announced it has received Institutional Review Board (IRB) approval to conduct safety testing on its proprietary topical crème compound for the treatment of psoriasis and related skin conditions. The approval follows the Company’s February 1, 2017 8K filing Read the full article…

Fisher Phillips Hosts 2nd Annual Workplace Law Seminar For Canna-businesses

Fisher Phillips Holds 2nd Annual Canna Business Law Seminar

WASHINGTON: As the fastest growing industry in the country, legal cannabis represents one of the nation’s hottest job markets.  Managing employees and navigating complicated state law presents special challenges for licensed cannabis organizations.  The topic is the focus of  the second annual legal seminar for canna-businesses presented by  legal powerhouse Fisher Phillips. This  half  day  conference  takes Read the full article…

New England’s Largest Cannabis Convention Returns To Boston’s Hynes Convention Center April 22nd-23rd

2017 New England Cannabis Convention is April 22nd

MASSACHUSETTS: The New England Cannabis Network will be hosting the 3rd Annual New England Cannabis Convention at the Hynes Convention Center in Boston on April 22nd and 23rd. With over 5,000 attendees, 150 industry exhibitors, and 100+ local and national speakers, this will be the largest Cannabis and Hemp Industry event ever in the northeast. Read the full article…

What Would “Greater Enforcement” Mean for Washington’s Cannabis Businesses?

Justice Department has options to crack down, but may galvanize the push for even wider legalization

Justice Department has options to crack down, but may galvanize the push for even wider legalization By Andy Aley WASHINGTON: In statements that were perhaps inevitable but nonetheless surprising to the cannabis industry, White House Press Secretary Sean Spicer on February 23, 2017, provided the first official comments on how the Trump administration may address Read the full article…

Developments In The Legal Cannabis Industry

These modifications will streamline the research process regarding CBD’s possible medicinal value and help foster ongoing scientific studies.

NEW YORK: A report published by The Hemp Business Journal estimates that the Cannabidiol (CBD) market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. In 2015, the market for consumer sales of hemp-derived CBD products was $90 million, plus another $112 million in marijuana-derived CBD products which were Read the full article…

NORML Responds: White House Threatens To Crack Down On Legal Marijuana

The White House

DISTRICT OF COLUMBIA: White House Press Secretary Sean Spicer suggested that the Trump administration will step up enforcement of federal laws against recreational marijuana. “I do believe that you’ll see greater enforcement,” Spicer said, and added that the exact policy is “a question for the Department of Justice.” The Department of Justice is lead by Jeff Sessions, a renowned ardent Read the full article…

Cannabis Market Creating Jobs

Sponsored by the Marijuana Business Association, MJBA Job Fair Seattle will bring together Washington State’s top cannabis industry employers and HR professionals with the local job seekers.

NEW YORK: The fast-growing cannabis market is expected to create more jobs in the United States. According to the 2017 Legal Marijuana Outlook, published by New Frontier Data, the cannabis industry is expected to create 283,422 jobs by 2020, with an implied growth rate of more than 17 percent compounded over the next four years. The accelerating Read the full article…

Statement On The Formation Of The Cannabis Caucus

CAA

DISTRICT OF COLUMBIA: The nation’s leading cannabis and drug policy reform organizations commended Congressional members Thursday on the formation of the Congressional Cannabis Caucus. Reps. Earl Blumenauer (D-OR), Dana Rohrabacher (R-CA), Jared Polis (D-CO), and Don Young (R-AK) formed the Congressional Cannabis Caucus to develop and promote sensible cannabis policy reform and work to ease the Read the full article…

Cannabis Market Brings In Significant Tax Revenues

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The cannabis market is experiencing significant growth due to the accelerating pace of cannabis legalization in the United States. According to a research report published by Technavio, the global legal cannabis market will grow at an impressive CAGR of around 37% between 2016 and 2020. The report indicated that rapid adoption of cannabis by individual consumers Read the full article…

Cashing In On Cannabis: CannaCon’s Banking Panel

CannaCon Banking Panel is this Friday!

By Sahar Ayinehsazian Since Washington state legalized recreational marijuana in 2014, recreational cannabis sales have totaled over $1 billion, translating to more than $250 million collected in new taxes. Such substantial sales, however, have also brought problems for licensees in the form of cash. Because of marijuana’s federal status as a Schedule I substance, financial institutions continue to Read the full article…