Cannabis Wire logo Cannabis Wire · Page 14

  • Q&A: Canadian Securities Exchange director talks global industry with Cannabis Wire

    Oct 4, 2019, 6:55 am By Alyson Martin
    On Thursday afternoon, during the ArcView Group’s investor conference in New York City, I sat down with Barrington Miller, director of listed company services for the Canadian Securities Exchange. It was a candid conversation, and focused on the SAFE Banking…
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  • Pennsylvania Pushes Toward Cannabis Legalization

    Oct 3, 2019, 6:50 am By Nikitha Sattiraju
    A week after Pennsylvania Governor Tom Wolf called for adult-use cannabis legalization, Wolf and Lt. Governor John Fetterman and Board of Pardons Secretary Brandon Flood outlined plans to expedite the pardons review process for certain cannabis-related…
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  • Colombia: A Serious Push for Adult-Use Cannabis

    Oct 1, 2019, 6:55 am By Julia Barajas
    A bill that aims to allow the adult use of cannabis in Colombia, which already has a robust medical cannabis system, is making its way through the nation’s Senate, along with hopes that the bill could help alleviate poverty in certain areas and even possibly…
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  • Colombia: Medical Cannabis May Get a Boost—and “a Little Squeeze”

    Sep 30, 2019, 6:50 am By Julia Barajas
    The Colombian government is poised to alter its cannabis regulatory landscape again. And the changes could both benefit and vex already-licensed companies, as well as those looking to join the industry.  Nearly four years ago, Colombia enacted robust medical…
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  • Oklahoma Q&A: What a Medical Cannabis Tsunami is Doing to Real Estate

    Sep 27, 2019, 6:55 am By Yeji Lee
    Has Oklahoma overdone it? Since the legalization of medical cannabis in the state in October 2018, Oklahoma has seen a massive boom in its medical cannabis dispensaries. The state, with some four million people, has 1,964 medical cannabis dispensaries serving…
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  • Q&A: Three Questions for Sanjay Gupta on CBD

    Sep 27, 2019, 6:50 am By Nushin Rashidian
    In 2013, long before most Americans had heard of the now-popular cannabis compound called cannabidiol, or CBD, CNN’s chief medical correspondent Sanjay Gupta wrote an op-ed called “Why I Changed My Mind on Weed.” The piece was released with a documentary…
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  • House Passes Cannabis Banking Bill in Historic Vote

    Sep 25, 2019, 7:24 pm By Nikitha Sattiraju
    The U.S. House passed the SAFE Banking Act in an historic 321-103 vote on Wednesday. The bill would free financial institutions to work with legal cannabis businesses despite federal prohibition, and is the first-ever standalone cannabis legislation to receive…
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  • The Vaping Crisis: Regulators Face a Grilling

    Sep 25, 2019, 4:56 pm By Nikitha Sattiraju
    Federal lawmakers grilled officials from the Food and Drug Administration and Centers for Disease Control and Prevention Wednesday on their inaction over the rising number of illnesses and deaths around the country linked to vaping. Lawmakers particularly…
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  • Three Northeast Governors Announce Cannabis Legalization Plans

    Sep 25, 2019, 4:13 pm By Alyson Martin
    On Wednesday, three governors made major cannabis announcements, signaling that a number of northeast states could legalize in tandem, and soon.  New York Gov. Andrew Cuomo and Connecticut Gov. Ned Lamont announced at a news conference a “joint state…
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  • Massachusetts Temporarily Banned Cannabis Vapes. Will Other States Follow?

    Sep 25, 2019, 6:57 am By Yeji Lee
    Massachusetts Gov. Charlie Baker declared a state-wide public health emergency yesterday in response to the unidentified lung illnesses across the country suspected to be linked to vaping products. In a press conference, Baker called for a 4-month ban on all…
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  • Will the US House Pass the SAFE Banking Act?

    Sep 25, 2019, 6:55 am By Nikitha Sattiraju
    All eyes are on the U.S. House as the SAFE Banking Act heads to the floor today.  This is the first standalone cannabis bill to be considered in Congress, and would allow financial institutions to work with legal cannabis businesses despite federal…
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  • If the SAFE Banking Act Passes, Will Big Banks Work With the Cannabis Industry?

    Sep 25, 2019, 6:50 am By Yeji Lee
    The long-awaited SAFE Banking Act is set for a House vote today. Cannabis Wire has reported that some of the largest banks have listed the legislation in their lobbying disclosures, but the larger question remains: If the bill is passed, will mainstream banks…
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  • Counties and Cities Are Lobbying on the SAFE Banking Act

    Sep 24, 2019, 6:55 am By Nikitha Sattiraju
    Counties and cities across California, Nevada, and Oregon are joining the big push for access to financial services for the cannabis industry, lobbying Congress to address the regulatory and public safety concerns that arise around an all-cash business. …
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  • GW Pharmaceuticals Gets Approval to Market Cannabis Drug for Epilepsy Across Europe

    Sep 24, 2019, 6:50 am By Julia Barajas
    On Monday, the UK-based GW Pharmaceuticals announced that it has been given the first-ever green light to market a CBD-based product derived from cannabis plants for patients with epilepsy in Europe.  The European Commission, which serves as the EU’s…
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  • California: Donated Cannabis May Get a Tax Break

    Sep 23, 2019, 6:57 am By Garrett Bergthold
    A bill on Governor Gavin Newsom’s desk could make it more affordable for cannabis operators to donate cannabis to medical patients. Senate Bill 34 would remove state taxes imposed on such donations by the fine print in the law that legalized adult use…
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  • Can Blockchain Boost the Cannabis Industry?

    Sep 23, 2019, 6:55 am By Yeji Lee
    Lawmakers and companies from the United States and Canada are increasingly considering or already using blockchain to better track and verify cannabis products from seed to sale, for example, or to address problems associated with the industry’s lack of…
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  • Cannabis Businesses Must Adhere to Federal Employment Laws, Appeals Court Says

    Sep 23, 2019, 6:50 am By Garrett Bergthold
    A federal appeals court ruled last week that cannabis businesses are still subject to federal minimum wage and overtime laws despite the industry being illegal at the federal level. Lawyers representing Helix TCS Inc, a Colorado-based firm that provides…
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  • American Bar Association Hosts Cannabis Executives in Illinois

    Sep 20, 2019, 6:57 am By Shawn Mulcahy
    The American Bar Association hosted a roundtable discussion in Chicago on Thursday during which executives from some of the cannabis industry’s biggest companies debated current trends in the industry and weighed predictions about what’s next. The event…
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  • Senate Committee Approves McConnell’s Push for a Fast, Lenient FDA Policy on CBD

    Sep 20, 2019, 6:50 am By Julia Barajas
    In yet another sign of forward momentum for CBD, on Thursday, the Senate Appropriations Committee approved Majority Leader Mitch McConnell’s additions to the 2020 Senate Agriculture Appropriations Bill.   If implemented, the bill will require the Food and…
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  • Bill Introduced in Congress to Remove Cannabis as a “Deportable Offense” for Immigrants

    6:55am By Julia Barajas
    On Wednesday, U.S. Representative Ben Ray Luján (D-NM) introduced legislation to remove cannabis use, possession, and distribution charges from the list of deportable offenses. In concrete terms, the “Removing Marijuana from Deportable Offenses Act” would…
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