District Court Ruling Jeopardizes Nevada ‘Early Start’ Cannabis Plans

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Carson City, Nevada District Judge James Wilson has issued a temporary injunction barring the state from issuing recreational cannabis licenses to existing medical dispensaries, ruling that the ballot measure approved by voters dictates that licensed alcohol distributors have the exclusive rights to distribute cannabis for 18 months, the Associated Press reports. Wilson said in his […]
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PNC Bank Drops MPP Accounts

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PNC Bank is closing the accounts of the Marijuana Policy Project after an audit revealed that the organization received funding from a company that ‘touches the plant,’ according to a Washington Post report. MPP is not involved in cannabis cultivation or processing. Nick Field, MPP’s chief operating officer indicated that a PNC Bank representative told […]
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Names of Pennsylvania MMJ Cultivators Announced

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Peering through an indoor cannabis grow operation's lower canopy.The Pennsylvania Department of Health has announced the 12 companies awarded cultivation and processing permits for medical cannabis. Under the state rules, two licenses were available in the state which was broken into six regions. Prime Wellness of Pennsylvania LLC, and Franklin Labs, LLC were chosen for the Southeast Region licenses; Terrapin Investment Fund 1 […]
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Denver’s Proposed Social-Use Rules Draw Heavy Criticism

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A man uses a lighter and glass pipe to smoke some cannabis.Denver, Colorado’s proposed social use rules are so restrictive that the director for the Initiative 300 campaign – approved by 53.7 percent of city voters during November’s election – said “99 percent” of interested businesses would not apply for a social consumption license under the rules, according to a Denver Post report. Included in the […]
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German MMJ Market Attracting Canadian Firms, Maricann Leads Pack

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The flag of Germany with a misty cannabis leaf collage spliced over the top.On January 19, the German parliament unanimously legalized medicinal cannabis use, paving the way for patients with a doctor’s prescription to purchase cannabis products from pharmacies. Unlike America’s fractured medical cannabis system, German patients will be able to have their medicinal cannabis treatments covered by insurance, and access is not based on qualifying conditions – […]
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MediPen Launches UK Research Facility, Welcomes Other Cannabis Researchers

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The United Kingdom’s first publicly available cannabis research facility is launching this summer as MediPen Ltd. is opening an 1,800-square-foot facility which will provide a platform for individuals and companies to conduct their own medical cannabis research, the Independent reports. The UK’s Medicines and Healthcare products Regulatory Agency approved national CBD use in Oct. 2016 […]
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Venture Capital Firm Agrees to Acquire New York MMJ Licensee

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The Statue of Liberty, pictured in front of New York City's Manhattan Island.Toronto, Ontario, Canada-based iAnthus Capital Holdings has agreed to acquire Valley Agriceuticals LLC, which holds a conditional medical cannabis license in New York, for $17.3 million, in what is the venture capital firm’s largest transaction to date. The deal, once completed, will expand iAnthus’ portfolio into five states. Randy Maslow, president of iAnthus, said the […]
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