Bank of America (BoA) is reportedly terminating its banking relationship with Scottsdale Research Institute (SRI), a DEA-registered facility that carries out important marijuana research.Scottsdale Research Institute is a clinical trial site that among other activities carried out a Phase 2 study of the use of medical cannabis for veterans...

A Select Committee in WA will be looking into issues regarding accessing medical cannabis and opportunities for industrial hemp in the state.Last week, Western Australia's State Government agreed to allow the Legalise Cannabis -Western Australia Party to lead an inquiry. The party's Dr Brian Walker MLC will be chairing...

Illegal marijuana grows masquerading as hemp cultivation have become such an issue in Jackson County, Oregon, its Board of Commissioners have declared a state of emergency.While marijuana can be grown in Oregon legally, that is carried out under a program with different rules and regulations to those governing hemp.The...

New Zealand medical cannabis and hemp company Greenfern Industries has been given the go-ahead from New Zealand's Exchange to have its shares quoted on the NZX main board from next Thursday.Founded in 2019, the Taranaki-based company will have 84,300,384 shares on issue at NZD 25c a pop.To this point,...

It seems many breast cancer patients are using cannabis medicinally - often without the knowledge of their doctors.Findings of a study of 612 total participants published early online in CANCER, a peer-reviewed journal of the American Cancer Society, indicated 42% reported using cannabis for relief of symptoms. Among those...

Australian medical cannabis and hemp company ECS Botanics (ASX:ECS) has reported a particularly successful quarter.The company recorded revenue of approximately $900,000 for the quarter ended 30 September 2021, which was a 123% increase on the previous quarter and  616% up on the previous corresponding periodECS says there was significant...

In what it describes as a month of climate action, Blac Sneaker Company is donating funds with each hemp sneaker purchase to have trees planted on its behalf.Relatively new on the footwear scene, Blac Sneaker Company was established in 2019 with a goal of creating simple, stylish sneakers for...

Oregon State University’s Global Hemp Innovation Center has been cashed up to explore economic opportunities for hemp in western USA.The $10 million grant from the U.S. Department of Agriculture's National Institute of Food and Agriculture’s Sustainable Agricultural Systems grant program will fund a five- year project to be carried...

The USA's Securities and Exchange Commission has charged another cannabis company with fraud - the second firm to be indicted by the Commission in the last few weeks.In this latest action, which involved the assistance of the U.S. Attorney’s Office for the Southern District of New York and the...

On Tuesday, the company previously known as Lifespot Health Ltd (ASX:LSH) completed the process of changing its name to InhaleRx Limited (ASX:IRX).The change was made due to the company's Board and Management determining its existing name no longer reflected the firm's goals, aspirations and direction.Previously, the firm had a...