U.S, December 9, 2019 (ANALYTICALCANNABIS) A number of federal financial regulators have released a joint statement clarifying that banks no longer have to take extra measures to track accounts for hemp-related businesses, following the crop’s federal legalization.
Previously, banks were required to file suspicious activity reports (SARs) for banking customers who were...
U.S, January 2, 2020 (MERRYJANE) Hundreds of cannabis customers waited in line on New Year's Day to celebrate adult-use legalization in Illinois — including the state’s Lieutenant Governor, who bought some weed-infused gummies.
Chicago resident Renzo Mejia spent the last hour...
Every since cannabis stocks exploded in growth in 2016, all eyes have been on the marijuana industry. Legalization across all of Canada and much of the United States has propelled the cannabis sector unto new heights of popularity. This has led to a surge of speculative investments, which has...
U.S, February 11, 2020 (GREENENTREPRENEUR) Rapper, producer and business entrepreneur Drake (Aubrey Drake Graham) is one of the most successful music artists of our time. In 2019, he became Spotify's most played artist and the highest-certified digital artist in U.S. history. He has won four Grammy awards and holds...
CANADA, September 30, 2019 (THECANNABISINVESTOR)- Ex Deutsche Bank and JPMorgan Bankers Seek to Take Advantage of Recent Plunge in Cannabis Stocks with Launch of New Funds
Former Wall Street bankers from Deutsche Bank and JPMorgan have big plans to launch new funds geared towards taking advantage of battered marijuana stocks....
U.S, November 25, 2019 (GREENMARKETREPORT) Ever since states began to legalize medical and recreational marijuana, the cannabis business is booming. Eleven states and the District of Columbia have passed laws making recreational marijuana use legal. Another 22 states have laws legalizing medical marijuana. The Farm Bill of 2018 legalized hemp for industrial...
U.S October 16, 2019 (CANNABISNOW) - This September, the largest legal medical cannabis crop in Southeast Asia was planted at Thailand’s Maejo University, in its medical-grade greenhouse. The crop is made up of 12,000 cannabis sprouts, which will be cultivated and to turned into cannabis oil.
The Bangkok Post reports the crop is...
UNITED STATES, September 18, 2019 (HEMP INDUSTRY DAILY)- Cannalysis, a hemp and cannabis testing lab based in California, raised $22.6 million that it said will fund its expansion in the state as well as helping it to move into other marijuana markets in the U.S.
The Santa Ana-based company raised...
U.S, Jnauary 2, 2020 (MARIJUANABUSINES) Many marijuana industry watchers tout the social equity program in Illinois as one of the most far-reaching and likely to succeed in the U.S. cannabis sector.
However, experts also note that for all the Illinois program’s positive intent, it is still...
U.K, April 3 2019 (INDEPENDENT) Sales of products containing CBD, also known as cannabidiol, products have skyrocketed by 99 per cent in the UK, according to new data.
Analysis by online deals platform Wowcher reveals that purchases have almost doubled in 2019, with Brits rushing to invest in the ingredient that...