Saturday, January 11, 2025

Business

Nevada: Pushing Reform Efforts Forward

by Josh Kasoff, Nevada NORML August 13, 2019 Las Vegas NORML has once again found themselves busy with many types of advocacy for patient and consumer rights, both statewide and federally. Following a rapidly successful Nevada legislative session where the...

UFC is studying if CBD can help fighters with pain

The research is part of a partnership between the professional mixed martial arts league and Canadian company Aurora Cannabis (ACB). Aurora and the UFC plan to conduct clinical trials on the use of cannabidiol, commonly known as CBD, in...

Senate Banking Committee Holds Hearing On Cannabis Banking

by NORMLJuly 23, 2019 Earlier today, the Senate Banking Committee held a hearing on the SAFE Banking Act, which would allow financial institutions to engage in activities with state-legal cannabis businesses.  The hearing was entitled, “Challenges for Cannabis and Banking: Outside...

Senate Banking Committee to Hear Testimony Regarding Need for Marijuana Reforms

by NORMLJuly 17, 2019 Members of the United States Senate Committee on Banking, Housing, and Urban Affairs are scheduled to hear testimony next week regarding the need to provide greater access to financial services for state-licensed marijuana-related businesses. The Senate hearing,...

Jay-Z joins a cannabis company as chief brand strategist

Shawn "Jay-Z" Carter — billionaire rapper, producer, entrepreneur, philanthropist, and Beyoncé Knowles' husband — will serve as the chief brand strategist for Caliva, a burgeoning California company that counts former star NFL quarterback Joe Montana as an investor. "Anything I...

CBD product sales are spiking. Now the FDA must weigh in

Sales of products containing CBD — the non-psychoactive cannabis compound, cannabidiol — are expected top $5 billion this year, a 700% increase from 2018 according to estimates released Tuesday by the Brightfield Group, a research firm focused on the...

CEO fired at world's biggest cannabis company

Linton heralded Canopy's potential, telling CNN Business last week that his firm — the world's largest cannabis company — was well-positioned to dominate its emerging industry for years to come. The Canadian cultivator, manufacturer and seller of cannabis products,...

House Bill Would Permit Interstate Cannabis Commerce

Two lawmakers from Oregon introduced a bill in the U.S. Congress on Thursday that would allow for the interstate commerce of cannabis between states with legal pot. Under the measure from Democrats Sen. Ron Wyden and Rep. Earl Blumenauer,...

Maine Governor Signs Recreational Marijuana Regulatory Framework Into Effect

Maine residents approved legal recreational marijuana back in 2016, but have been waiting on the government to approve a regulatory framework for the industry. Happily, the end of that wait is now in sight. Governor Janet Mills has signed...

Chairwoman Velázquez Introduced Bill To End Marijuana Prohibition And Promote Small Businesses

by NORMLJune 28, 2019 House Small Business Committee Chairwoman Nydia Velázquez along with Representatives Jared Golden and Dwight Evans introduced a package of legislation, (H.R. 3540, H.R. 3543, and H.R. 3544, to remove marijuana from the Controlled Substances Act and...
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DEA May Oppose Rescheduling Marijuana

Views: 6 A cannabis company set to be a part of the hearings later this month to support the...
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