Regulators want Connecticut to establish banks to help fund marijuana businesses – Bollyinside – BollyInside

Regulators want Connecticut to establish banks to help fund marijuana businesses – Bollyinside – BollyInside

“They need to source capital,” said council member Joseph Williams. “One of the biggest things around social equity that has eluded us is the lack of capital and I find we really need to address that as quickly as possible.” Members of the state’s Social Equity Council are responsible for making sure the sale of recreational marijuana in Connecticut provides business opportunities for low-income and communities of color that are disproportionately impacted by drug policing. The council plans give anyone with a previous marijuana arrest or conviction to receive priority for a license to sell regardless of their wealth as…

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CBD And Hemp Legal And Regulatory Roundup – October 8, 2021 – Cannabis & Hemp – United States – Mondaq News Alerts

United States: CBD And Hemp Legal And Regulatory Roundup – October 8, 2021 12 October 2021 Kelley Drye & Warren LLP To print this article, all you need is to be registered or login on Mondaq.com. Welcome to ;our weekly roundup of CBD and hemp-related legal and regulatory news: CBD NDIs place CBD future in doubt The standoff between the dietary supplement industry and the FDA on the question of CBD continues, however the FDA’s rejection of two new dietary ingredient (NDI) notifications for full-spectrum hemp extracts from Charlotte’s Web and Irwin Naturals has led to some frustration. “I think…

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Marijuana MSO Curaleaf faces more Oregon suits over THC-CBD mix-up – Marijuana Business Daily

Marijuana multistate operator Curaleaf now has been hit with four federal lawsuits in connection with a product-labeling snafu in Oregon that resulted in some customers ingesting high-THC instead of CBD wellness drops. The case, which involves the Select brand in Oregon, underscores the importance of sound quality-assurance processes. ADVERTISEMENT Curaleaf completed its acquisition of Portland-based Cura Cannabis, which owned the Select brand, in February 2020. According to the lawsuits filed between Sept. 29 and Oct. 6, at least three people went to hospital emergency departments after suffering adverse reactions. One elderly man was taken to emergency because of concerns he…

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US Navy Submarine Runs Into Unknown Obstacle in South China Sea – The Daily Beast

A U.S. nuclear-powered submarine hit an unidentified object while submerged in the South China Sea, the U.S. Pacific Fleet announced Thursday. The collision, which happened Saturday, was severe enough to injure several sailors aboard the USS Connecticut. “The submarine remains in a safe and stable condition,” the U.S. Pacific Fleet said in a statement. “USS Connecticut’s nuclear propulsion plant and spaces were not affected and remain fully operational. The incident will be investigated.” The U.S. and its allies have been conducting military exercises in the region as China flies fleets of its planes close to Taiwanese airspace in a show…

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Popular pre-rolls to try this October

Popular pre-rolls to try this October

Popular pre-rolls to try this October – Leafly Leafly Leafly ® Loading… Where are you from? Which part of Canada? Darn! You’re not old enough to use Leafly. Sorry, Leafly isn’t available in your location yet. Redirecting you to By accessing this site, you accept the Terms of Use and Privacy Policy. It’s no surprise that sales of pre-rolls are on the rise, with people more reluctant than ever to puff-puff-pass due to Covid-19 concerns. Ontario Cannabis Store data shows that sales of pre-rolls grew 196.48% year over year. They were also a top-three selling product category heading into the…

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Regulators want Connecticut to charter banks to help finance marijuana businesses – WSHU

Regulators want Connecticut to charter banks to help finance marijuana businesses – WSHU

Federal law restricts most banks from providing loans and other financing for marijuana businesses. A Connecticut social equity council wants the state to charter new banks to back the state’s cannabis industry. Members of the state’s Social Equity Council are responsible for making sure the sale of recreational marijuana in Connecticut provides business opportunities for low-income and communities of color that are disproportionately impacted by drug policing. “They need to source capital,” said council member Joseph Williams. “One of the biggest things around social equity that has eluded us is the lack of capital and I find we really need…

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Add this legendary cannabis comedy festival to your bucket list

Add this legendary cannabis comedy festival to your bucket list

Add this legendary cannabis comedy festival to your bucket list – Leafly Leafly Leafly ® Loading… Where are you from? noyes Remember me for 30 days. I confirm that this is not a shared device. Darn! You’re not old enough to use Leafly. Redirecting you to By accessing this site, you accept the Terms of Use and Privacy Policy. Attention all Humboldt County weed farmers: Give your work crew a night off, or better yet the whole weekend, and send them down the hill and into town for some laughs. Because the 10th Annual Savage Henry Comedy Festival returns October…

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It’s official: California legalizes CBD (but not delta-8 THC) – Natural Products INSIDER

It’s official: California legalizes CBD (but not delta-8 THC) – Natural Products INSIDER

Blockbuster hemp ingredient CBD is now officially legal in California in dietary supplements, foods, beverages and cosmetics, as Gov. Gavin Newsom signed AB45 into law. It was an arduous, three-year process for the bill to wind through the state legislature, which passed the bill on Sept. 10. Related: California legalizes CBD, but it’s not all roses for hemp producers “After months of negotiation between the various stakeholders, that day is finally here,” according to an email from the Amin Talati Wasserman law firm, which represents many hemp and CBD companies. “The majority of requirements under the new law are similar…

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