World Health Organization gives CBD initial boost, plans to look at cannabis overall

World Health Organization gives CBD initial boost, plans to look at cannabis overall Cannabis got a big boost from international health authorities Wednesday when the UN’s World Health Organization said that CBD should not be scheduled as a controlled substance, an initial finding that comes about a month after the agency reviewed cannabidiol therapies. The WHO also said that it wants to take a closer look at cannabis […] World Health Organization gives CBD...

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San Diego DA, marijuana businessman agree to settlement in criminal case

San Diego DA, marijuana businessman agree to settlement in criminal case James Slatic and his San Diego cannabis distribution company have apparently come out on top in a nearly two-year fight with the district attorney’s office. The DA has agreed in a settlement to return nearly $300,000 to Slatic that was seized in January 2016 when law enforcement agents raided Med-West Distribution, Slatic’s San Diego cannabis company, the […] San Diego DA, marijuana...

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Aphria inks deal to secure CA$100 million for M&As, expansion

Aphria inks deal to secure CA0 million for M&As, expansion One of Canada’s largest medical marijuana producers announced a stock-purchase deal to raise 100 million Canadian dollars ($77.7 million) in capital, which it intends to apply to the construction of new production facilities globally and in Canada. To date in fiscal 2017, Aphria has raised CA$237 million, CFO Carl Merton told Marijuana Business Daily. This does not […] Aphria inks deal to secure CA$100...

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New Mexico medical marijuana businesses see big spike in patient pool

New Mexico medical marijuana businesses see big spike in patient pool New Mexico saw a 77% increase in registered medical marijuana patients in the past year, giving the state’s dispensaries a significantly larger pool from which to attract customers. New Mexico’s registered patients totaled 45,347 as of Nov. 30, a net gain of 19,650 over the previous year, according to the Las Cruces Sun-News. Here’s what you need […] New Mexico medical marijuana...

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Marijuana entrepreneurs already lining up for New Jersey’s looming recreational market

Marijuana entrepreneurs already lining up for New Jersey’s looming recreational market New Jersey can’t even begin the recreational cannabis legalization process until mid-January, but marijuana entrepreneurs across the country are descending on the Garden State in hopes of getting a first-mover’s advantage in what could become one of the most buoyant markets on the East Coast. Indeed, many marijuana businesses already have a presence in New Jersey, […]...

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