Walker To Sign Marijuana Extract Bill

Walker to sign marijuana extract bill

By Associated Press WISCONSIN: Gov. Scott Walker is set to sign into law a bill that would legalize possession of a marijuana extract used to treat seizures.  The governor plans to sign the bill Monday in Burlington. Parents of children who suffer from seizures have pushed for access to cannabidiol oil for years.  The bill would Read the full article…

The Legal Cannabis Market Expected to Witness Wider Adoption

Marijuana is big business

NEW YORK: According to a research report by Market Research Future, the Cannabis market in North America was valued at over USD 3.5 billion for the full year of 2015. Of that, the United States being the largest market in the region, was valued over USD 3 billion on its own. Marketing activities for cannabis products have been challenged by consumer perception and Read the full article…

The CBD Submarket Plays Major Role In Legal Cannabis Industry

CBD is a major part of the growing legal cannabis market

NEW YORK: A major submarket of the legal cannabis industry is cannabidiol (CBD). CBD is the part of the plant that is not associated with the side effects of THC, so therefore CBD is usually used for medical reasons and not recreational purposes. A report by The Hemp Business Journal projects that the CBD market will 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…

NWA President Publicly Advocates Cannabis For Injured Wrestlers And Athletes

NWA President says yes to CBD.

The President of the National Wrestling Alliance, attorney R. Bruce Tharpe, is one of the first sports leaders publicly advocating the use of cannabis as a legitimate medical alternative for injured wrestlers and other athletes. “Too many people in the US have become victims of opioid addiction and death as a result of the over-prescription Read the full article…

Alternate Health Announces Cannabis Production Partnership With California Native American Band

alturas-indian-rancheria

CANADA: Alternate Health has entered into a 30 year joint venture agreement with the Alturas Native Band to support the development, production, research and extraction of CBD’s used to create medicinal products in this state-of-the-art cannabis production facility. According to a company news release, the cannabis produced at this facility will be extracted on-site to create Read the full article…

The Mainstream Growth of the Cannabidiol Market

GW Pharmaceuticals Epidiolex

NEW YORK: The legal cannabis market is expanding at a rapid pace. This year five states voted to legalize cannabis for recreational use. In four of these states the proposition passed. Currently 15 states only allow Cannabidiol and alongside that, there are 28 states and District of Columbia that have legalized all forms of medical marijuana. According Read the full article…

What Is CBD? The Everyday Guide To Cannabidiol

What is CBD?

COLORADO: CannaInsider.com has published a comprehensive guide to CBD, the miracle cannabinoid endorsed and made popular in 2013 by a documentary produced by mainstream media health expert, Dr. Sanjay Gupta of CNN. Cannabidiol (CBD) is one of over 80 chemical compounds found in the cannabis plant called cannabinoids. Cannabinoids bind to receptors in the brain and body Read the full article…

Hemp Industries Association Responds To DEA Final Rule Regarding ‘Marijuana Extracts’

DOJ/DEA Extracts Code

DISTRICT OF COLUMBIA:  The Hemp Industries Association (HIA), the leading non-profit trade association consisting of hundreds of hemp businesses, has issued its position in response to a recent DEA ruling, submitted to the Federal Register December 14, 2016, which seeks to establish a new drug code for ‘marijuana extract.’ Specifically, the DEA has proposed that CBD, Read the full article…

DEA Hurts Growing Industry; Enacts Final Rule Seeking To Make Any Extract Of Cannabis Plant Schedule 1 Drug

hemp CBD oil

By Bob Hoban, Managing Partner – Hoban Law Group On December 13, 2016, the DEA issued its Final Rule, “Establishment of New Drug Code for Marihuana Extract,” which serves to potentially devastate developing businesses and consumer, textile and manufacturing industries related to cannabinoids. Robert Hoban, a cannabis, cannabinoid and hemp lawyer and expert as well as Read the full article…