Federal legislation that would permit financial institutions to provide banking services to legal cannabis businesses has been dropped from a bill designed to foster competition with China, marking the sixth time the cannabis banking provisions have failed to gain the approval of the U.S. Senate after being passed by the House of Representatives. Known as […]
Author: Eric Sheetz
Michigan Officials Question High THC Weed Lab Results
Questions arise after Michigan regulators filed formal complaints against one of the state’s top cannabis testing laboratories last month. Cannabis that tests over 28% THC, and at times over 40%, is subject for an automatic audit, and regulators say the lab results aren’t adding up. Formal complaints were filed by the Michigan Cannabis Regulatory Agency […]
Marijuana Businesses Could Be Listed On Stock Exchanges And Access Financial Services Under New Bipartisan Bill
State-legal marijuana businesses would be able to be listed on national stock exchanges and access key financial services under a bipartisan congressional bill that was filed on Thursday. The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act is being sponsored by Reps. Troy Carter (D-LA) and Guy Reschenthaler (R-PA). While a main thrust of […]
Cannabis ‘Very Promising’ as Opioid Replacement, Early Study Results Show
South Africa’s first ethically-approved cannabis clinical trials have begun in Johannesburg with the goal to determine if cannabis can replace opioids for pain management, according to a June 21 press release. More and more, cannabis shows potential for reducing or replacing opioids for certain types of pain management. Biodata, subsidiary of Labat Africa, “is the […]
Rabbi Ben Gorelick Plans to Use Religious Freedom Against an 8-Year Minimum Psychedelic Charge
It’s not common to hear from a defendant during an ongoing case, especially when involving felony drug charges. Denver-based Rabbi Ben Gorelick is bucking that norm. Instead, the 42-year-old is using the media to amplify his message about psychedelic ceremonies, as well as their connection to Judaism and numerous other religions. Aware of the potential […]
Court Ruling on Ballot Measures Simplifies Legalizing Weed in Nebraska
A federal judge has struck down provisions of Nebraska’s voter initiative process in a ruling that will simplify efforts to put a medical cannabis legalization measure on the ballot for the November election. In his ruling, federal district court Judge John M. Gerrard wrote that a requirement that campaigns for ballot initiatives collect signatures from […]
Jamaica Rises with the Help of Kaya Herb House’s Bali Vaswani
Though cannabis has been common in Jamaica for a long time, Kaya Herb House was the first regulated medical cannabis dispensary to open in not only Jamaica, but the Caribbean—stocked with its own flower and concentrates. It’s thanks to Jamaica’s transformation on cannabis reform that can be seen by the swift changes in law over […]
Snake Venom and Cannabis: Kenya’s Economic Salvation?
George Wajackoyah, one of four Kenyan presidential candidates in the pending national elections, is proposing to legalize cannabis and raise snakes for their venom to jump start the domestic economy. Beyond the cannabis play, snake venom is used to manufacture drugs like high blood pressure medication and is used in treatments for blood clots, heart […]
White House Director Discusses Cannabis, Drug Injection Sites
The first doctor to hold the position of Director of the Office of National Drug Policy, Dr. Rahul Gupta, recently spoke with the Financial Times about how they plan to address the ongoing opioid crisis. “For the first time in history, the federal government is embracing the specific policies of harm reduction,” Gupta said. Over 107,000 […]
Four Cops Cleared of Charges in Fatal Shooting of Man Driving Weed Truck
A Siskiyou County, California district attorney announced on June 14 that four police officers will be cleared of charges after shooting and killing a man who drove a truck full of cannabis through a wildfire checkpoint. But over the past year, witnesses and cops provided conflicting stories about what happened that day, which involved an […]