Little Green Pharma recently announced completion of its second medicinal cannabis crop harvest at its hydroponic facility south of Perth in Western Australia."With the second crop now harvested, the company is looking forward to expanding production to both help increase access for Australia patients and export premium grade medicinal...
Cannabidiol's role as an antipsychotic treatment has received another credibility boost after results of a recent study.Research out of King's College London determined a single dose of the cannabinoid cannabidiol (CBD) can assist in a reduction of abnormal brain functioning in patients experiencing psychosis.In a study of 33 young...
Illinois has again demonstrated its changing attitudes to cannabis, with Governor Bruce Rauner signing the Alternatives to Opioids Act of 2018 yesterday.While Gov. Rauner is known for his anti-recreational marijuana attitudes, it's a different story in relation to using cannabis for medical applications."This law will give thousands of Illinoisans...
Illinois Governor Bruce Rauner has signed the Industrial Hemp Act, Senate Bill 2298 into law, saying the legislation just makes good sense.Illinois now follows dozens of other U.S. states where the crop can or will soon be more broadly legally grown again."Roughly 38 states — including our neighbors in...
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...
