CALIFORNIA: Cannabis’ impact on driving performance is generally less pronounced than that of alcohol, according to a review paper published by a pair of New York University researchers and BOTEC Analysis, LLC. Authors reported that the use of cannabis, absent the simultaneous use of other drugs or alcohol, creates “only a fraction of the risks associated with driving at Read the full article…
DISTRICT OF COLUMBIA: United States Attorney General Jeff Sessions on Wednesday announced his resignation from the Justice Department. Sessions was a longstanding, vocal opponent of marijuana policy reform, who once opined, “Good people don’t smoke marijuana.” As Attorney General, his office rescinded the 2013 Cole memorandum which directed prosecutors not to interfere in state-sanctioned marijuana activity. However, that action encouraged numerous Read the full article…
Acquisition of Vertically-Integrated Operator Adds to MedMen’s Growing Footprint in One of the Top Medical Marijuana Markets in the U.S. CALIFORNIA: MedMen Enterprises has announced that it has signed a definitive agreement to acquire control of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” in a cash and stock transaction valued at $33,000,000. Read the full article…
COLORADO: The Colorado Department of Public Safety has issued its first-ever baseline report assessing the impact of adult use marijuana regulations in Colorado. Lawmakers in 2013 passed legislation authorizing regulators to conduct the five-year review, which seeks to better identify ways in which legalization has impacted public health and safety. Authors reported that the total number of marijuana Read the full article…
MEXICO: Justices for Mexico’s Supreme Court have ruled that laws criminalizing the private use and cultivation of cannabis by adults are unconstitutional. Justices opined, “The effects caused by marijuana do not create an absolute prohibition on its consumption.” In accordance with the ruling, lawmakers may enact regulatory policies governing adults’ personal marijuana use, but they must repeal those laws Read the full article…
Large majorities believe legalization will help state’s economy, areas in state with high marijuana arrest rates NEW JERSEY: New Jersey legislators haven’t decided whether to legalize cannabis for personal use, but the latest Rutgers-Eagleton Poll shows more state residents favor than oppose – by a hefty margin of 58 percent to 37 percent – completely Read the full article…
GUAM: The Governor for the US territory of Guam has signed legislation permitting qualified medical cannabis patients and their caregivers the ability to grow personal use amounts of cannabis at home. Under the new law, applicants can apply to the Department of Health and Social Services to receive a home cultivation permit. Approved applicants may grow up to Read the full article…
CANADA: Alternate Health, an international leader in technology solutions for the regulated cannabis industry, announced that the Company signed an arms length agreement on October 16, 2018, to acquire 100% of Four Twenty Inc., receiving coveted cannabis distribution, manufacturing, processing and cultivation permits as part of the agreement. Four Twenty Inc. also holds a five-year Read the full article…
On Wednesday, marijuana sales will begin nationwide in Canada, making it the second country in the world — following Uruguay — with a federally legal adult-use marijuana industry. Each Canadian province has developed its own system for how marijuana will be sold to adults. This will include government stores, private retailers, online government sales with Read the full article…
NEW YORK: The legalization of cannabis for medical and adult use in Canada represents a milestone in the growing trend toward legalization and decriminalization of cannabis and cannabis products, according to Altitude Investment Management. “Canada is the second country in the world, after Uruguay, to legalize cannabis for both medical purposes and adult use, and it Read the full article…