There’s a well-worn saying in the cannabis business that the emerging industry is so fast-moving that it lives in dog years. 2020 is barely a week old, and cannabis is already making headlines after Illinois kicked off the new year with recreational sales. Other states are inching closer to legalization this year — with several mulling how best to ensure social equity. Also in 2020, there’s the FDA could chill the CBD craze, and a move from Congress could change the game entirely.
Thailand opened its first full-time clinic specialising in traditional and alternative cannabis-based medicine on Monday, as part of a move by the government towards developing a medicinal cannabis industry.
Speculation surged after a video posted to YouTube — since deleted — by a user with the screen name “Gabor the Blind Guy” showed a Coca-Cola can with a childproof lid. The man in the video says that his father is a head engineer for a company that “produces bottling and capping machines for many major pharmaceutical and food companies.”
European savers will soon be offered their first opportunity to invest in an exchange traded fund focused on the fast-growing legal marijuana industry. Canadian fund group Purpose Investments plans to launch the Medical Cannabis and Wellness ETF from January 13, which will be Europe’s first such product.
Gavin and Stacey has been hit with more backlash, but this time critics are concerned viewers casually will turn to cannabis because Mick (played by Larry Lamb) and Pam (Alison Steadman) smoked a spliff with pals Dawn (Julia Davis) and Pete (Adrian Scarborough).
Illinois said $3.2 million worth of legal marijuana was sold on Tuesday, the first day the drug could legally be purchased for recreational use in the state, as a new law went into effect that could also clear the records of hundreds of thousands of people with arrest records.
The Liberal Democrats have a pledge to legalise cannabis in their manifesto.
Thailand is ramping up medical marijuana legalization efforts that will soon allow all Thais to cultivate six cannabis plants in their homes and sell their home-grown harvest to the government, to turn into medical marijuana.
The legislation, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove cannabis from the Controlled Substances Act (CSA) and set aside funding to begin repairing the damage of the war on drugs, which has been disproportionately waged against communities of color.
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