Category: Breaking News

Good to see that there is a UK player on the block in North America. Let’s see how they stack up against the existing players in the market.

Per the photo, maybe the licenses wouldn’t be so expensive if he didn’t fly around in a private jet !

After all the excitement amongst the spruikers this past week that Brazil is where it’s at now the market has tanked in the US. The vote has nominally been delayed for 15 days

MJ Biz report Weedmaps blames the slow rollout of recreational marijuana markets in California and Massachusetts and a dwindling pool of outside funding. The job cuts disclosed by Weedmaps CEO Chris Beals via Twitter –amount to more than 100 people. They affect the company’s news division and other departments.

Now the US market has gone south people are going south hoping that Brazil is the next cannabis / hemp / cbd goldrush. First, legislation has to be passed.

Military website Task & Purpose reports that an internal US military document has revealed that at nine Army bases in or near marijuana-friendly states, there has been a roughly 18% increase between 2017 and 2018 in positive drug tests for THC and for comparison, there has only been a 5% increase in soldiers testing positive for THC across the entire Army.

“A national referendum would empower the American people to pass popular reforms without relying on Congress to take action.”

Denverite report, “Cannabis growers Bonsai Cultivation has recalled marijuana from stores all over the city and state because of excessively high yeast and mold counts, the Denver Department of Public Health and Environment announced Monday.”

“In order to implement these measures, CannTrust’s Board of Directors has determined that it is necessary to destroy approximately $12 million of biological assets and approximately $65 million worth of inventory that was not authorized by CannTrust’s licence.”

“I trust that the time and resources of our federal police and courts will not be wasted pursuing individual cannabis users who are acting in accordance with ACT law”. Says ACT AG Gordon Ramsey.

A growing number of Australians want marijuana legalised Says Roy Morgan Research in a new report published. These are the latest findings from the Roy Morgan Single Source survey, derived from in-depth face-to-face interviews with over 50,000 Australians each year in their homes.

Their headline is actually somewhat more damming. They write, “Marijuana Madness Turns Into a Cannabis Crash Sales disappoint, stocks tumble and startups scramble for financing”

On the announcement of the ACT (Australian Capital Territory’s) successful vote to introduce legislation legalizing the possession of small amounts of cannabis and allowing individuals to grow two plants we initially had a flurry of some quite ill-informed and unpleasant comments by govt ministers. We’ve now moved onto the threatening political letter stage. As always, democracy is fine until the vote doesn’t go your way.

We jest……. on this news of Aurora Cannabis and CTT Pharmaceutical announcing the launch of their new product, sublingual cannabis wafers. Maybe the people in our header picture at the Church of Cannabis might want to order some in !

Thus far only 441 residents have applied for expungement and so far only 79 individuals were eligible.

NACB announces adoption of its National Standards on Security.

They write….Welcome to Malaysia Society of Awareness (MASA) 2019 national survey for cannabis in Malaysia. Your answers will represent the final decision of Malaysian citizens and will be used as statistics for government review. Please answer the questions carefully (ten only) and share this link with your family and friends so that the opinion of every Malaysian citizen can be accounted for.

Gamjapreneur report, “The Texas medical cannabis dispensary applications portal was shut down without warning after just one week on the Texas Department of Public Safety’s website.”

After all the chatter about the supposed naughty Bidens we now learn that the group linked to Rudy worked on behalf of a foreign national to try and elect two Nevada candidates in order to gain favor in obtaining adult-use cannabis licenses.

Nevada Gov. Steve Sisolak on Friday announced he is creating a multiagency task force to “root out corruption or criminal influences” in the state’s legal cannabis market, spurred by federal charges filed against two businessmen with ties to President Trump’s personal lawyer, Rudy Giuliani.