Cannabis Legalization Named Top Canadian Business News Story of 2018

Canada’s trailblazing move to legalize cannabis for recreational use, which sparked an entirely new industry and had wide-ranging implications for nearly every facet of society, has been voted The Canadian Press Business News Story of the Year. The term “disruption” in business has become so overused that it has become an empty cliche, but it is warranted in the case of pot legalization, said Andrew Meeson, deputy business editor at the Toronto Star. “It’s hard…

Cannabis a Wide-Open Space for Female Pioneers

American women hold nearly 27% of leadership roles in legal cannabis, a noticeable improvement over the 21% they hold in traditional businesses. As the industry expands with legalization in additional states, and potentially at the federal level, women will come to play an even larger role in the industry, as leaders and consumers. Women make 80% of health and wellness decisions for U.S. households, which will have a huge impact on the medical and recreational…

Can Miss Universe 2018 Influence The Legalization Of Medical Marijuana In The Philippines?

“I’m for the use of marijuana in the medical use but not so for recreational use,” was her famous response. She didn’t even hesitate when asked the question – she confidently answered it, and cannabis right now is the subject of a very heated debate in the Philippines because it’s an illegal drug, and one that has taken lives.

The 2018 Farm Bill - 5 Key Things To Know

The historic passage of this bill will create a domino effect in the global hemp industry. The United States now has a chance to be a winner in the global hemp market by 2020. However, we have yet to wait and see how the FDA and the DEA are going to react to the new laws.

Cannabis Entrepreneurs in ‘Tough Spot’ After Ontario Caps Licences

Koby Smutylo leased 2 stores in Ottawa before government's 25 licences cap. An Ottawa cannabis entrepreneur who's already leased two spaces for prospective stores says he's frustrated with the Ontario government's decision to cap the number of licences for retail pot shops. The province initially said it would not limit the number of licences issued for retail stores, but it reversed course last week, saying it would take a "phased approach" due to "severe supply…

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Under the leadership of previous United Nation's Secretary-General Ban Ki-moon's regime, member states which legalized or even considered legalizing cannabis were called out and admonished for violating decades-old international drug treaties. Under the current leadership of Sec-Gen António Manuel de Oliveira Guterres, who was instrumental in decriminalizing all drugs in his native Portugal when he was Prime Minister, his regime is adopting more progressive views about cannabis. Despite this, the UN World Health Organization remains…

Federal Banks are now Working with Cannabis Companies in Greater Numbers

FinCEN’s quarterly reports issued throughout the rest of the year have indeed revealed a steady uptick in the number of banks conducting transactions with cannabis-related businesses. By the end of June, there were 444.