New York Governor Andrew M. Cuomo has directed the state's Department of Financial Services to advise the local finance sector on how to support banking services for medical cannabis and industrial hemp businesses.While the Governor has been very active in supporting both industries while in office, cannabusinesses have...
More than half of Australian general practitioners participating in a recent survey supported availability of medical cannabis on prescription.In what's thought to be the largest survey of its type carried out in Australia, researchers from the Lambert Initiative for Cannabinoid Therapeutics at the University of Sydney sought to gauge...
In the U.S. state of New Jersey, ten thousand patients have joined its Medicinal Marijuana program since January this year.More recently, an acceleration in registrations are a direct result of sweeping changes announced in late March by Governor Phil Murphy.“The addition of 10,000 new patients since January demonstrates this...
Creso Pharma (ASX: CPH) has announced it has inked an agreement with CB Distributors Limited that will see its cannabidiol-based product cannaQIX 50 introduced to New Zealand.CannaQIX 50 is a lozenge product containing a cannabidiol (CBD) formulation (50mg of CBD), plus vitamins B6, B12, C and zinc. It's a...
The South Australian Government wants to quadruple penalties for marijuana possession, a move that could seriously impact users of medical cannabis.South Australia decriminalised possession of small amounts of marijuana decades ago. However, Attorney General Vickie Chapman says the government is seeking to bring cannabis penalties into line with other...
In another major leap forward for industrial hemp in the USA, the country's Senate has passed the Agriculture Improvement Act of 2018 (Farm Bill), which includes the Hemp Farming Act of 2018.The Act, introduced in April, legalises hemp as an agricultural commodity and removes it from the federal list...
Medical cannabis supporters in the U.S. state of Oklahoma are celebrating after voters passed State Question 788, legalising the broad licensed use, sale, and cultivation of marijuana for medicinal purposes.56 percent of voters supported State Question 788, while 43 percent opposed it.As a result, medical cannabis will be made...
Melbourne Airport in Victoria, Australia, looks set to be the site of a major medical cannabis cultivation and processing facility.Yesterday, Cann Group Limited (ASX: CAN) announcing the signing of a heads of agreement* with Australia Pacific Airports (Melbourne) Pty Ltd (APAM) that has secured a 5 hectare site at...
The U.S. Food and Drug Administration has approved a UK company's cannabis-based medicine for the treatment of seizures associated with Lennox-Gastaut syndrome and Dravet syndrome.It's not only the first cannabis-derived medicine to be approved by the FDA, but also the first approval for a drug designed to treat Dravet...
Activity at Australian medical cannabis company AusCann Group Holding Ltd. (ASX:AC8) has been continuing to ramp up - and Canada again features heavily in recent developments.Yesterday, the company reported it had appointed Canadian Luke Pigeau as Master Grower. Mr. Pigeau, who has more than a decade of cultivation experience...
