Traditional Naturopath Touts Cannabis Benefits

Dr. Lakisha Jenkins is a founding member and first elected president of the California Cannabis Industry Association and a practicing traditional naturopath. In an interview with Cheddar.com , Dr. Jenkins describes a number of compelling issues including: women and minorities in the cannabis industry, the role of the Endocannabinoid System in the body and how most people are unaware of its importance as well as how the current set of regulations in California are hindering the industries growth.   RE: Landscape for Women in Cannabis “I think that the landscape for women in this industry is very very strong. I…

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Flow Kana Raises $125 Million To Improve Cannabis Supply Chain

Flow Kana, one of California’s largest cannabis companies, based in Redwood Valley, CA, raised $125 million this week, a record-breaking financing round for a cannabis company. Flow Kana’s products, in the form of various sub-brands, are sourced from an array of smaller cannabis producers and supply medical and recreational dispensaries state-wide. “We strongly believe the cannabis industry is a catalyst for social change and are grateful to have found investors and partners aligned with this vision.” Says Flow Kana CEO, Michael Steinmetz. “Throughout our supply chain, partners and customers have all committed to the sungrown movement and are dedicated to…

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Pennsylvania Lawmaker Proposes Recreational Cannabis
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Pennsylvania Lawmaker Proposes Recreational Cannabis

A lawmaker in Pennsylvania has submitted a cannabis legalization bill. Democratic state Representative Jake Wheatey introduced HB 50, which would alter the existing medical cannabis bill and pave the way for recreational cannabis in Pennsylvania. Estimates suggest that recreational cannabis could generate upwards of $580 million in revenue for the state. Wheatley outlined that tax revenues would be ideally allocated towards affordable housing, after-school programs, and to the forgiveness of student debts. Pennsylvania already has a Medical Marijuana Act that came into law in April of 2016. The new bill would facilitate recreational legalization similar to what nearby states like…

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Former Speaker John Boehner Named to Cannabis Lobby Group

John Boehner, the Republican ex-Speaker of the House is leading a new cannabis lobbying entity dubbed the National Cannabis Roundtable. The core aim of the NCR will be to advocate for the removal of cannabis as a Federal Schedule I controlled substance and enhance research and business opportunities for cannabis nationwide. Boehner, who had long opposed cannabis legalization, changed his tune last August when he famously tweeted “my thinking on cannabis has evolved.” As Speaker of the House from 2011-2015, Boehner was once quoted as being “unalterably opposed” to marijuana legalization. It seems after becoming more educated on the medical…

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California Proposes Slashing Taxes to Boost Cannabis Industry

In the wake of California's 2018 legalization of cannabis, a plethora of confusing rules and regulations impacted the market. A year on cultivators, producers, manufacturers and dispensaries have been scrambling to keep it all straight. Consumers have also been hit by sticker shock at the increased cost of legal cannabis compared to the black market. Troy Dayton, CEO of the Arcview Group, a cannabis investment and research firm based in Oakland, California, stated: "The whole California system for adult-use legalization implementation has been a mess. California is the first state where the total retail sales went down after they transitioned…

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Legal Federal Cannabis in 2019 Looking More Certain

There is a high likelihood that cannabis could become legal at a Federal level before the end of 2019 according to Politico Magazine. The article published last week describes a scenario that takes into consideration the 2018 Farm Bill passed by congress and signed by Trump, New York State looking to legalize cannabis, smaller Northeast states like Rhode Island looking to legalize cannabis, and a new Attorney General nominee, William Barr, stating that he has no plans to pursue cannabis related activity in states where it’s already legal. Beyond that, writer James Higdon, in an interview with CBS news articulated…

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Trump AG Pick To Allow Cannabis Companies That Comply with State Law
WILLIAM BARR at his Senate Judiciary Committee confirmation hearing to become Attorney General of the United States, January 15, 2019

Trump AG Pick To Allow Cannabis Companies That Comply with State Law

President Trump's new Attorney General nominee, William Bar, submitted a written brief clearly stating his intentions to NOT pursue legal action against individuals or firms in compliance with state marijuana laws. "As discussed at my hearing, I do not intend to go after parties who have complied with state law in reliance on the Cole Memorandum," he wrote, referring to Obama-era cannabis enforcement guidance that then-Attorney General Jeff Sessions rescinded last year. "I still believe that the legislative process, rather than administrative guidance, is ultimately the right way to resolve whether and how to legalize marijuana," he wrote in a…

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Rhode Island Governor Proposes Marijuana Legalization

  Gina Raimondo, Governor of Rhode Island has announced her intentions to legalize recreational cannabis to New England's smallest state. Raimondo formally proposed legalization in her budget earlier this month for the fiscal year starting July 1. Previously opposed to the legalization of cannabis in Rhode Island, the second term Governor, cited the legalization of cannabis in neighboring Massachusetts and impending legalization initiatives in Connecticut, New York and New Jersey as reasons why Rhode Island should follow suit. “I have some reluctance about it. But I think we can’t not do it with Massachusetts and Connecticut coming online. Like it or not,…

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Watch Medical Cannabis Superbowl Commercial Rejected by CBS

Acreage Holdings, a medical cannabis company, submitted a 60-second TV spot to CBS for a Superbowl Ad that was turned down by the network. The ad shows three people suffering from varying health issues who say their lives were made better by use of medical marijuana. Acreage said its ad agency sent storyboards for the ad to the network and received a return email that said: “CBS will not be accepting any ads for medical marijuana at this time.” “It’s a public service announcement really more than it is an advertisement,” said Harris Damashek, Acreage’s chief marketing officer. “We’re not…

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U.S. Virgin Islands Approve Medical Marijuana Laws

The U.S Virgin Islands have joined the ranks of US States and Territories to legalize medicinal cannabis. Voters approved a referendum 56.5% of Virgin Islands voters approved a referendum in favor of legalizing and regulating medical cannabis. Governor Albert Bryan Jr. told The St. Thomas Source last year.  “I believe a properly regulated medicinal cannabis industry can provide relief to those seeking alternatives to conventional medicine and can also be an economic driver attracting new revenues for the Virgin Islands."  Bryan signed the legalization bill into law last Tuesday. Patients who are residents of the US Virgin Islands will be…

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