Mexico Set to Legalize Recreational Cannabis by the End of the Year
By Alexandra Hicks It appears Mexico is next country in line to legalize recreational cannabis at the national level. President Andrés Manuel López Obrado’s leftist party, which currently has the congress majority, proposed a legislation that would legalize the cultivation, sale, and consumption of cannabis in Mexico. Interestingly, Mexican residents and politicians are equally divided […]
TAMING THE UNICORN: BROKERING HEMP BIOMASS AND CBD DEALS
CBD, Commerce, general, Hemp, Industry Professionals, Products BEING A GOOD HEMP AND CBD BROKER REQUIRES IDENTIFYING AND TAMING “UNICORN” DEALS. I’ll set the stage. You are about to make a lot of money on a very large deal worth millions of dollars. Despite the large figures and the fact that you do not know most […]
Latin American Cannabis Market Worth $9.8 Billion, Report Says
Latin America is at the forefront of the global wave of cannabis reform, and a new report from a D.C.-based industry analyst sees a $9.8 billion market in the region, with big expansion potential. By Bill Weinber A new report from a cannabis industry analyst firm based in Washington, D.C., New Frontier Data, argues that […]
New Democrat Cannabis Bill To Make Banking Easier for Canna-Businesses
Congressional Democrats are working on a bill that would provide quite a few business and banking benefits to cannabis-related companies. The document – authored by Representatives Ed Perlmutter (D-CO), Danny Heck (D-WA), Steve Stivers (R-OH), and Warren Davidson (R-OH) – was released last week by the House Financial Services Committee. This bill contains several new […]
European Parliament Passes Cannabis Resolution, Joins WHO In Supporting Medical Marijuana
Javier Hasse Following reports about the World Health Organization (WHO) recommending a rescheduling of cannabis and several of its key components under international drug treaties, the European Parliament voted on Wednesday on a resolution that would help advance medical cannabis in the countries that form the European Union. While non-binding, the resolution seeks to incentivize […]
World Health Organization recommends rescheduling cannabis, provides clarity on CBD
By Alfredo Pascual Member states of the United Nations Commission on Narcotic Drugs (CND) received the World Health Organization Expert Committee on Drug Dependence (ECDD) cannabis recommendations, which had been expected in December, Marijuana Business Daily has learned. The CND had been expected to consider rescheduling cannabis in March 2019 at its annual meeting, but […]
Why 2019 Could Be Marijuana’s Biggest Year Yet
A green tide in Congress raises hopes that pot could be legal under federal law by year’s end. James Higdon is a freelance writer based in Louisville and author of The Cornbread Mafia: A Homegrown Syndicate’s Code of Silence and the Biggest Marijuana Bust in American History. Full disclosure: His father, Jimmy Higdon, is a […]
After vote switch, marijuana smoking bill advances in Senate
Some lawmakers were visibly uncomfortable with the idea of expressly allowing marijuana smoking. By Jim Rosicaon After a last-minute switch by Sen. Darryl Rouson from a ‘no’ vote to a ‘yes,’ a bill allowing medical marijuana in Florida to be smoked cleared its first committee. The Senate Health Policy Committee on Monday OK’d the bill […]