4Front Holdings, LLC (“4Front”), a diversified operator of strategically aligned cannabis-related businesses, including cultivation, production and retail operations, is pleased to announce it has secured a $50 million loan (the “Loan”) from LI Lending, LLC (“LI Lending”) to support the expansion and buildout of 4Front’s cultivation and production facilities ahead [read more]
Gov. Doug Burgum has signed a bill into law making North Dakota the 25th state in the nation to eliminate the threat of jail time for possession of small amounts of marijuana. HB 1050 reclassifies possession of up to a half ounce of marijuana by adults 21 and older as [read more]
Multiple legislative proposals await action from Democratic Gov. Jared Polis. House Bill 1234 establishes regulations for the delivery of cannabis products from state-licensed retailers. Under the plan, deliveries are limited to one per day per household, and are only permitted in municipalities that explicitly allow for such activities. Deliveries to college campuses are prohibited. [read more]
By Phillip Smith As the marijuana business comes out of the shadows and into the legal marketplace, jobs in the legal industry are coming with it—by the hundreds of thousands, with more on the way. In fact, the legal marijuana business is “currently the greatest job creation in America.” That’s [read more]
Republican Gov. Kevin Stitt has signed legislation into law expanding the pool of health professionals who may issue medical cannabis recommendations. Senate Bill 162 explicitly permits those licensed by the State Board of Osteopathic Examiners to issue medical cannabis recommendations to their patients. The new law takes immediate effect. Separate legislation, Senate [read more]
Democratic Leaders seek to end federal prohibition, reduce arrests, and encourage women and minority-owned businesses in the rapidly growing industry Today, Senate Democratic Leader Chuck Schumer and House Democratic Caucus Chairman Hakeem Jeffries announced their intentions to introduce legislation known as the Marijuana Freedom and Opportunity Act, to remove marijuana [read more]
Adults who frequently consume illicitly-produced synthetic cannabinoid agonists (e.g., JWH-018) are significantly more likely to report experiencing mental health issues than are similarly matched controls who only use cannabis, according to data published in the journal Psychopharmacology. A team of European researchers surveyed consumers of both natural cannabis and illicitly produced synthetic cannabinoid analogues. [read more]
The President of Mexico has announced plans to pursue a dramatic shift away from drug prohibition. The National Development Plan for 2019-2024, presented by President Andrés Manuel López Obrador and his administration last week, states that a “prohibitionist strategy is unsustainable” because it leads to violence and public health harms, and [read more]
Patients diagnosed with Fragile X syndrome (FXS), a rare genetic disorder that is associated with learning disabilities and delayed development, show functional improvements following the daily use of cannabidiol, according to a case series published in the journal Cannabis and Cannabinoid Research. A team of investigators from the University of Colorado School of [read more]
Adolescents’ cannabis use history is not an independent predictor of an elevated risk of psychosis, according to data published in the journal Adicciones. Investigators affiliated with the University of La Rioja in Spain explored the relationship between psychotic-like experiences and cannabis use in a representative sample of over 1,500 Spanish adolescents. They [read more]
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