Cannabis Wire · Page 11

Tribes Are Increasingly Lobbying on Cannabis at the Federal Level
Nov 22, 2019, 6:50 am By Nikitha Sattiraju
Seven different tribes and tribal associations have lobbied on cannabis- and hemp-related issues at the federal level in 2019. But the tribes themselves are unwilling to publicly talk about their concerns. Cannabis Wire reached out to the tribes and tribal…

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Legalization Bill Heads to House Floor After Historic Vote
Nov 20, 2019, 4:13 pm By Alyson Martin
The House Judiciary Committee held a historic vote on Wednesday, passing the Marijuana Opportunity Reinvestment and Expungement Act. The MORE Act is the first legalization bill to receive a Congressional markup and vote, and will now head to the full House of…

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Biden: cannabis may be “gateway drug” • Pew: legalization support hits new high • Industry layoffs, mixed earnings • & more…
Nov 20, 2019, 2:00 pm By Cannabis Wire Editors
The Cannabis Wire Daily newsletter is sent to C-Wire Plus subscribers every weekday morning at 7 a.m. Excerpts are published here later in the day. Don’t miss the full picture. Subscribe now. Presidential candidate Joe Biden says cannabis could be a…

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Lawmakers Push MORE Act Ahead of House Committee Vote Wednesday
3:00pm By Alyson Martin
On Tuesday morning, on the eve of yet another historic House vote on cannabis legislation, a handful of House lawmakers held a news conference in Washington, D.C. to drum up support for the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) of…

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Major Cannabis Companies Lobby in Missouri as State Rolls Out Medical Licenses
6:55am By Nikitha Sattiraju
Curaleaf, Harvest Health & Recreation, and Columbia Care—all three applicants for medical cannabis licenses in Missouri—registered to lobby in the state in January, July, and August respectively this year, Cannabis Wire has found. Curaleaf applied for…

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What Are the Alcohol Industry’s Cannabis Lobbying Interests?
Mon 6:55am By Nikitha Sattiraju
Anheuser-Busch Companies, Inc.—the maker of beers such as Budweiser and Stella Artois—has been lobbying at the federal level in the United States on “government oversight of cannabis in food products” since the second quarter of 2019. Anheuser-Busch…

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Cannabis Companies Spent $330K on Lobbying in Florida Last Quarter
Nov 15, 2019, 6:50 am By Shawn Mulcahy
Cannabis companies are increasingly lobbying in Florida, as legalization campaigns pick up steam and contributions. Cannabis businesses spent an estimated $330,000 last quarter on lobbying in Florida, compensation reports show. From July 1 to Sept. 30,…

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Charlotte’s Web: FDA’s CBD regs “potential revenue catalyst” • Cresco scales back Origin House deal • & more…
Nov 14, 2019, 5:31 pm By Cannabis Wire Editors
The Cannabis Wire Daily newsletter is sent to C-Wire Plus subscribers every weekday morning at 7 a.m. Excerpts are published here later in the day. Don’t miss the full picture. Subscribe now. JAMA Psychiatry: How is legalization changing cannabis use…

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Canopy Growth Reports Yet Another Weak Earnings Quarter
Nov 14, 2019, 12:59 pm By Nikitha Sattiraju
Canopy Growth, the world’s highest-valued cannabis company by market capitalization, reported weaker than expected earnings this quarter, driven by restructuring costs and challenges in the Canadian cannabis market. The company’s net revenue declined by…

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The Netherlands: in Cannabis Coffee Shops, a Change is Coming
Nov 14, 2019, 6:55 am By Amel Brahmi
A new era is coming for the famous Dutch cannabis coffeeshops. The Dutch Senate voted this week in favor of a four-year experiment that will force such shops to buy cannabis only from legal, city-approved growers, starting as soon as 2021 in ten cities. The…

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Cronos, Tilray, and Acreage earnings • Tax cannabis by potency? • & more…
Nov 13, 2019, 8:40 pm By Cannabis Wire Editors
The Cannabis Wire Daily newsletter is sent to C-Wire Plus subscribers every weekday morning at 7 a.m. Excerpts are published here later in the day. Don’t miss the full picture. Subscribe now. Should Washington tax cannabis by potency? A new report tackles…

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Q&A: As Cannabis Reform Stalls in Trinidad and Tobago, An Activist Peers Ahead
Nov 13, 2019, 6:55 am By Clydeen McDonald
Nazma Muller, one of Trinidad and Tobago’s most vocal cannabis activists, heads to Port-of-Spain Magistrates’ Court on November 13, charged with the use of obscene language under Section 49 of the country’s Summary Offences Act, a controversial…

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Canada’s Securities Regulators Warn Cannabis Industry Over “Conflicts of Interest”
Nov 12, 2019, 1:31 pm By Nushin Rashidian
Canada’s cannabis companies are being told to grow up—when it comes to corporate governance. With merger and acquisition transactions on the rise across North America’s cannabis industry, Canadian securities regulators have noticed that some cannabis…

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UK Health Officials Approve Medical Cannabis Products
Nov 12, 2019, 6:55 am By Amel Brahmi
In guidelines published Monday, the UK’s National Institute for Health and Care Excellence (NICE) reaffirmed the position it took on medical cannabis products last September: studies on efficacy are low-quality and product costs are too-high. While NICE…

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Cannabis Kingdom: High Hopes and Early Stumbles in Lesotho
Nov 9, 2019, 9:50 am By Emma Vickers
This feature was published in partnership with Quartz. A New World Dawn breaks in the village of Marakabei, two and a half thousand meters up in the remote highlands of Lesotho, the landlocked kingdom surrounded by South Africa. Cowbells tinkle. Smoke from…

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CDC “Breakthrough” Focuses on Vitamin E Acetate in Vape Illnesses
Nov 8, 2019, 2:48 pm By Alyson Martin
Vitamin E acetate, which is sometimes used as a thickening agent in vape products, is emerging as a potential “culprit” of vape-related lung illnesses that have hit every state but one, according to the latest federal and state investigations. And the data…

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Q&A: Five Questions for Bruce Linton and Kyle Kingsley
Nov 7, 2019, 6:13 pm By Nushin Rashidian
On Thursday morning, Cannabis Wire reported on the news that Bruce Linton, the founder and former chief executive officer of Canopy Growth, one of the world’s largest and highest valued cannabis companies, is headed to Vireo Health as executive chairman. To…

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Bruce Linton Named Executive Chairman of Vireo Health
Nov 7, 2019, 9:15 am By Alyson Martin
Bruce Linton, the founder and former chief executive officer of Canopy Growth, one of the world’s largest and highest valued cannabis companies, is headed to Vireo Health as executive chairman. Vireo is one of ten medical cannabis license holders in New…

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New York’s Accountants Prepare for Legalization
Nov 7, 2019, 6:55 am By Alyson Martin
When New York finally legalizes cannabis, accountants will have to ensure that the newly legal businesses run like any other, keeping accurate books and paying taxes. To that end, the Foundation for Accounting Education, an affiliate of the New York State…

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New York Gives Its Hemp Farmers a Boost
Nov 6, 2019, 9:20 pm By Alyson Martin
New York’s hemp market got a huge boost on Wednesday from state regulators. The New York State Departments of Health and Agriculture and Markets announced that the state’s medical cannabis license holders will be able to use hemp and hemp extracts…

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