MGC Pharmaceuticals (ASX:MXC) has announced it has received approval to conduct a Phase II clinical trial of a cannabis-based medicine targeting treatment of dementia patients. The trial will be carried out in partnership with the Institute for Health Research at the University of Notre Dame in Western Australia. The medicine to...

New Zealand's Ministry of Health has granted the country's first medicinal cannabis cultivation license issued to a company - Hikurangi Cannabis. We mentioned Hikurangi back in January this year, when it said it was on track to becoming the country's first medical cannabis producer, the first to conduct a related...

Western Australia's industrial hemp farmers have received some very good news - legislation has been passed to increase the upper limit of THC permitted. The state's hemp farmers have had to put up with a very restrictive maximum limit of 0.35 per cent tetrahydrocannabinol, a psychoactive compound in cannabis, in...

The U.S. CBD industry grew by nearly 40 percent in 2017 and is set to eclipse $500 million this year according to a recent report from New Frontier Data. Sales of cannabidiol (hemp and marijuana derived combined) reached $367 million last year and it was the first year sales of...

Financial services giant Wells Fargo has reportedly terminated its banking relationship with a political candidate from Florida due to her medical cannabis advocacy and connections. Democrat Nikki Fried filed to run for Florida Commissioner of Agriculture and Consumer Services in early June and opened a campaign account with Wells Fargo...

The U.S. Department of Justice and Drug Enforcement Administration have proposed a significant increase in the amount of marijuana that may be manufactured in the U.S. in 2019. Marijuana is still listed as a Schedule I substance in the USA, which means it is defined as a drug with no...

A recently formed Australian company is testing the waters on converting a commercial property near South Australian wine country into a medical cannabis cultivation center. A development application for the tentative project was filed by Ausabis Group with City of Onkaparinga on the 10th of August relating to a "change...

The Hawai'i State Department of Health has given the nod to Hawaiian Ethos, LLC for the first medical cannabis production center on the state's Big Island. The DOH says the company has met all requirements to begin growing cannabis and to manufacture products for medicinal purposes at their approved facility....

It's taken quite a while, but a survey report delving into the patterns of cannabis use for medical purposes in Australia back in 2016 has been published. Legislation was passed in Australia in early 2016 to enable the “safe, legal and reliable” supply of medicinal cannabis products, but the legislation...

CORRECTION, August 18: Tree of Knowledge International Corp. announced last week it had entered into a distribution agreement with Dr. Sanjay Gupta for a line of hemp-based cannabidiol products bearing his name. However, the Dr. Sanjay Gupta involved is not the American neurosurgeon and multiple Emmy Award-winning medical reporter as...