Monthly Archives: July 2021

CBD News Roundup: Congress Approves CBD Regulation Amendment

CBD News Roundup: Congress Approves CBD Regulation Amendment

Here’s the latest CBD news: A bill introduced by Congressman Kurt Schrader (D-OR) to regulate cannabidiol was approved. Dosage consistency and potency are both improved in CBD beverages made with proprietary technology from Pressure Biosciences. A CBD product developed by Lexaria Bioscience Corp. lowered blood pressure among trial participants to a statistically significant degree and […]

A Surprise Cannabis Revolution in Germany

A Surprise Cannabis Revolution in Germany

Historically, Amsterdam served as the undisputed cannabis capital of Europe. Several other regions such as Spain deserved honorable mentions for the title of cannabis capital of Europe, but Germany has entered the scene. In recent years Germany has taken over the title of cannabis capital of Europe, at least from a legal industry standpoint. Starting […]

Cannabis Trade Show Raided by the Feds

EXCLUSIVE: Cannabis Trade Show Raided by the Feds

July 28, 2021, LAS VEGAS, NEVADA – Cannabis culture and accessories trade show, Champs, was allegedly raided because a vendor participating in the event unwittingly gave the Las Vegas district attorney an unauthorized product sample.  The following day, social media reports of the feds raiding the venue started cropping up. Various vendors began posting that […]

New Cannabis Act to Allow CBD as Dietary Supplement

New Cannabis Act to Allow CBD as Dietary Supplement

Here’s the latest CBD News:  Legislation proposed by Senator Chuck Schumer would federally legalize cannabis and regulate CBD as a dietary supplement. A University of Arizona study found that terpenes in cannabis plants can mirror the effects of cannabinoids in mice.  Biotech developer Catalent, Inc. and JOS Pharmaceuticals will team up to develop and test […]

Colombia (Finally!) Legalizes Dried Medical Cannabis Flower Exports

Colombia (Finally!) Legalizes Dried Medical Cannabis Flower Exports

Colombia gave the go-ahead for exports of dried cannabis for medical and other industries. The Latin American country took another step to develop its marijuana industry, where progress has been slow despite its high potential. After initially being strongly opposed to legalization, President Ivan Duque signed a decree lifting a prohibition on exporting dried cannabis […]

Study: Year-Over-Year CBD Prices Have Dropped

Study: Year-Over-Year CBD Prices Have Dropped

Here’s the latest CBD news: A recent Leafreport investigation points to lower, but extremely varied prices across CBD brands. A weight loss product made with cannabinoid precursors called “varin compounds” was found to stimulate weight loss in 100 of 100 trial participants. Drug developer Receptor Life Sciences has been given clearance by the FDA to […]

Federal Cannabis Decriminalization on the Horizon

Federal Cannabis Decriminalization on the Horizon

New legislation was introduced Wednesday that would decriminalize cannabis at the federal level, removing it from the list of federally controlled substances. The Cannabis Administration and Opportunity Act would empower states to implement their own cannabis laws.  Senate Majority Leader Chuck Schumer and several other Senate Democrats are backing the measure which remains a draft […]

Popular Cannabis Legalization Measure Gains Ground in Israel

Popular Cannabis Legalization Measure Gains Ground in Israel

Israel is an international leader when it comes to cannabis, and that’s been the case for many decades. The country is home to world-renowned cannabis researcher Dr. Raphael Mechoulam who first isolated the THC cannabinoid in the 1960s. Mechoulam is often referred to as “the godfather of cannabis research” and from a cannabis research standpoint […]

The Need for Accountants in the Cannabis Industry

The Need for Accountants in the Cannabis Industry

How fast the cannabis industry is growing is astounding. It’s managed to thrive through the COVID-19 pandemic, one of the most challenging times in our country’s history. As a result, business owners are readying themselves for a prosperous future.  But a flourishing cannabis business is highly dependent on having the right people overseeing different aspects […]