A bipartisanal group of state attorney generals have urged Congress to allow cannabusinesses in legal adult-use and medical cannabis states access to banking systems.As cannabis is still legally considered a Schedule I substance under the Controlled Substances Act, banks providing financial services to cannabusinesses are at risk from federal...
Medicinal marijuana related legislation introduced in New Zealand’s Parliament late last month doesn't go far enough says Medical Cannabis Awareness NZ (MCANZ).While the bill, tabled on December 20, would remove cannabidiol (CBD) from the nation’s schedule of controlled drugs, it only provides statutory defence for terminally ill patients possessing...
Jenny Hallam last week pleaded not guilty in Adelaide Magistrates Court to possession and manufacturing charges related to medical cannabis.It was just over a year ago that Ms. Hallam's home was raided by South Australian Police, interrupting supply of medicines to those she was assisting.Ms. Hallam had reportedly...
A bill is seeking to broaden industrial hemp cultivation in the U.S. state of Missouri, which was once a national leader in growing the crop.Currently, just two cultivation and production facility licenses are issued in the state and that is the maximum number allowed to operate. Additionally, the licensees...
Medlab Clinical Limited (ASX: MDC) has been granted an important licence by the Victorian State Government for its cannabis-based medicines.The licence enables Medlab Clinical to sell or supply Schedule 8 or 9 drugs (in this case, specifically cannabis and derivative products). The company will sell its NanaBis and NanaBidial...
The Kentucky Department of Agriculture (KDA) has approved hundreds of applications from industrial hemp growers, who will be permitted to cultivate up to 12,018 acres in total of the crop this year.225 applications were approved by KDA, up from 209 in 2017. However, the amount of area under cultivation...
Australia's VitaCann Pty Ltd has inked a deal with Canada's Canntab Therapeutics to bring Canntab XR tablets into Australia.The tablets are designed to deliver cannabinoids over a number of hours and have varying levels of THC and/or CBD. The company says the tablets take the guesswork out of cannabis...
Australia's MGC Pharmaceuticals’ (ASX: MXC) MGC Derma Division last week launched a cannabidiol based cream that it says will provide relief of mild psoriasis symptoms.Psoriasis is autoimmune disease characterised by patches of skin that are red, itchy and scaly. It's a fairly common condition, affecting 2–4% of the population...
A memo from U.S. Attorney General Jeff Sessions rescinding the directives of what's known as the "Cole Memo" had many in the U.S. cannabis industry on edge.The Cole Memo was written by former US Attorney General James M. Cole in 2013 and followed on from a similar document authored...
Following consultation carried out last year, Australia's Federal Government announced yesterday it has decided to permit the export of medical cannabis products."We are making these changes because the expanding domestic medicinal cannabis products industry is facing increasing competition from imports," said part of a statement posted on Federal Health...
