Bankers Are Circling Europe’s Growing Cannabis Market

Investors who are eager for the cannabis industry in Europe to emulate the boom in cannbis-stock listings in Canada may not have much longer to wait, judging by the activities of investment bankers. Read more

EXCLUSIVE: Zimbabwe approves first license for private cannabis company

A Zimbabwe company says it received approval for its cannabis license, which will make it the first in the country to be permitted to commercially produce medical marijuana nearly a year after the country legalized cultivation for medicinal and scientific purposes. Read more

Alaska Approves On-Site Marijuana Use

Beginning April 11th, licensed marijuana dispensary owners can apply for a “special onsite use endorsement” that will allow them to set up designated smoking areas where patrons will be permitted to smoke cannabisRead more

South Dakota Farmers Union: Industrial hemp veto is ‘crushing defeat’ for farmers

Gov. Kristi Noem’s veto and the Legislature’s failure to override the veto on legalizing industrial hemp is a “crushing defeat for farmers and ranchers across South Dakota,” according to the South Dakota Farmers Union. Read more

New Jersey Governor Includes Legal Marijuana Revenue In Budget Proposal

New Jersey Gov. Phil Murphy (D) reiterated his commitment to legalizing marijuana during his budget address on Tuesday. But he said he’d only sign legislation to end cannabis prohibition if it included provisions to expunge records for prior convictions. Read more

New Hampshire gives initial approval to adult-use

New Hampshire lawmakers on Wednesday gave preliminary approval to legalizing recreational marijuana, dismissing public safety and health concerns on a path to join scores of other states that have passed similar cannabis measures. Read more

Former Twitter Executive Joins Cannabis Producer

NorCal Cannabis appointed former Twitter Vice President of Global Brand Strategy Joel Lunenfeld to serve as the company’s chief marketing officer. Twitter’s explosive growth over the years makes Lunenfeld a worthy candidate and an asset to help the brand expand. Read more

Tell the US to Support Global Cannabis Rescheduling

When the World Health Organization recommended earlier this year that cannabis be rescheduled under international law, advocates cheered the news. Kenzi Riboulet Zemouli, the head of research at Paris-based drug policy nonprofit FAAAT, called it “the best outcome that WHO could’ve possibly come up with.” Read more

Key Colorado House panel advances bill that would spur marijuana capital investment

A key Colorado House panel on Monday unanimously advanced a bill that would open up the state’s $1.5 billion-a-year recreational and medical marijuana industry to new sources of public and private capital. Read more

Facebook May Loosen Marijuana Restrictions, Internal Company Presentation Says

According to a report Monday in The Telegraph, the social media giant is currently weighing whether to change its rules on “regulated goods” to allow users to promote marijuana products for sale. Read more

Legal Hemp Is Not Safe on American Highways

Hemp might be federally legal in the 2018 US farm bill and in states like Oregon, but it remains illegal in Idaho and other conservative states. That legal schism is making for quite the mess across the US. Read more

Medicinal cannabis cultivation legalised

Several companies have already shown an interest in developing the highly lucrative crop, and Economic Development hope that by moving quickly to get production under way Jersey could become a world leader in the emerging market of medicinal cannabis. Read more

WV Senate approves banking fix to medical marijuana law, sends bill to governor

The West Virginia Senate has passed a bill addressing banking services for the state’s medical cannabis program, removing an obstacle that had slowed the MMJ industry’s rollout in the state. The Senate approved the bill 29-4 on Tuesday. It now goes to the governor. Read more