Here’s How Bankers Can Confidently Work with the Cannabis Industry
Opinions expressed by Entrepreneur contributors are their own. The challenges of banking higher-risk businesses are not new to financial institutions. But the obstacles around banking the cannabis industry, which is still federally illegal, adds an entirely new element of challenges. Obtaining an open banking relationship for cannabis businesses is not easy. And this issue doesn’t appear to be remedied anytime soon, with senators declining to take action until broader reform is advanced. Until then, legal cannabis enterprises are left with a patchwork of options that vary state to state, depending on the nature of their business and available banks or credit unions…
Read More »Califf goes to Congress – POLITICO – Politico
With Alice Miranda Ollstein Editor’s Note: POLITICO Pulse is a free version of POLITICO Pro Health Care’s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. — A Senate committee grills Biden’s FDA nominee today, with questions on the table about the opioid epidemic and his profitable jobs since government work. — The ‘Byrd Bath’ begins in earnest this week with senators sparring over drug pricing provisions….
Read More »Stündenglass Kompact: Portable and Powerful
In 2018, a video of Seth Rogen hitting a bong went viral. The Pineapple Express star claims to have coughed for 25 minutes after just one (granted, pretty big) rip from the futuristic looking device. So why was this clip so special? After all, Rogen’s love of weed is a cornerstone of his career. What made this video different comes down to the bong itself. The futuristic device was a prototype of the Stündenglass Gravity Hookah by former Apple employee Tracey Huston. What began as a garage-built passion project for the designer—and self-taught inventor—soon metamorphosed into the zeitgeist of cannabis cool when Grenco Science bought Stündenglass in 2020. …
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Montana Lawmakers Approve Marijuana Rules Ahead Of January 1 Launch Of Legal Sales – Marijuana Moment
Colorado voters could have the chance next year to vote on legalizing possession and personal cultivation of psychedelics, and creating a system of licensed businesses to produce psilocybin, DMT, ibogaine and mescaline for supervised use at “healing centers.” A national advocacy group recently filed two separate psychedelics reform initiatives for Colorado’s 2022 ballot, both of which are titled the Natural Medicine Healing Act. The first would legalize the possession, cultivation and an array of entheogenic substances, as well as establish a regulatory model for psychedelics therapy. The other is a similar, but somewhat more dialed-back proposal that would initially legalize…
Read More »Delta-8 Still Legal After Texas Supreme Court Decision – Dallas Observer
In the latest attempt to get THC isomer products like delta-8 out of stores, the Department of State Health Services (DSHS) asked the Texas Supreme Court to step in. The state health agency and Austin hemp manufacturer Hometown Hero CBD have been duking it out in court over the legal status of THC isomers in Texas for the last few months. DSHS filed a motion with the Texas Supreme Court to have a ban on the products reinstated, but that request was denied on Friday. An injunction on the ban is still in effect, meaning THC isomer products are still…
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Connecticut man arrested for possessing over one pound of pot – Mid Hudson News Website
MAMARONECK – A Rocky Hill, Connecticut man has been arrested following a traffic stop on I-95 in Mamaroneck when he was found in possession of 1.16 pounds of marijuana. New state law allows a person to possess up to three ounces of marijuana. Angel Rodriguez, Jr., 29, was charged with misdemeanor criminal possession of marijuana and was issued an appearance ticket returnable to village court. .fb-background-color { background: !important; } .fb_iframe_widget_fluid_desktop iframe { width: 100% !important; } Facebook Notice for EU! You need to login to view and post FB Comments! #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; border: 2px solid #241b6b; padding-top:…
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Marijuana Matters: Is marijuana a gateway drug? Here’s what doctors and advocates say. – News 12 Connecticut
Dec 14, 2021, 3:55amUpdated 58m ago By: News 12 Staff With recreational marijuana becoming legal in New York, a controversial debate has sparked among doctors and advocates over whether it inspires users to try harder drugs. There is a theory that marijuana serves as gateway to drugs like heroin and cocaine. Dr. Jared Pachter, a professor of addiction medicine at Stony Brook University, says this is not always the case. “I think it’s unfair to say that marijuana alone is a gateway drug,” he says. “It’s not fair to label it as that because the majority of people will not…
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Medical marijuana dispensary gets approval to open in Hoboken – News 12 Connecticut
Dec 14, 2021, 3:25amUpdated 1d ago By: News 12 Staff A medical marijuana dispensary will soon be opening in Hoboken after the state approved the application to open. The dispensary already had the city’s approval and hopes to open for medical sales on River Street by early next summer. And officials say that recreational marijuana could eventually be sold there, too. The dispensary will be operated by the Colorado-based cannabis company Terrapin. The company has teamed with Hoboken resident and longtime business owner Joe Castelo. Castelo also owns the building where the dispensary will be housed. It is located across…
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