Day: December 1, 2017

New Brunswick says it’s the first province to ‘fully secure’ marijuana supply

Susan

Canada is taking major steps towards the legalization of recreational marijuana for the whole country. It seems like the provinces in the country are preparing themselves for the move. It is because the government of New Brunswick has announced a Memorandum of Understanding with Zenabis. The company will be involved with the safe and secure supply of cannabis and any cannabis derivatives in the province. This will be majorly for the recreational use. So, how big is this MOU? With so much fuss and hype around it, many people would…

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Officials Sign Deal to Outsource Medical Marijuana ID Cards

Susan

Florida state has decided to move forward with the process of outsourcing the issuance of medical marijuana identification cards. As much as this is going forward, there had been some protests on how the contract had been awarded. This is according to the health officials who have agreed to sign the deal. The Office of Medical Marijuana Use had signed the contract on Monday awarding the contract to Veritec Solutions LLC. The deal would even have been awarded last month, but it dragged on for a while before a few…

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Bill to make medical marijuana available in Malta Proposed

Susan

It seems the legalization of marijuana wave keeps on hitting every country in the world right now. Next up is Malta. The government of Malta has proposed to allow the doctors in the country to help with prescribing medical marijuana to the residents. This draft was published on Monday. It is expected that it would help loosen the existing regulations on medical weed. The many restrictions have made it so hard for the patients to access medical weed. Actually, not a single patient in the whole country has been treated…

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Hundreds of illegal Pot Houses Close After Sacramento Cracks Sown

Susan

As much as marijuana has been legalized in various states such as California, it does not mean you just get to grow pot anywhere. There is the need to get a special license for the grower before you can start growing pot. Sacramento police are not happy with the continuous surge of illegal pot houses in the area. The police are reported to have broken up more than 600 illegal businesses dealing in growing marijuana. This is an operation that has been ongoing for the last two months. It is…

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A giant $3 Billion Marijuana Merger Could Greatly Impact the Cannabis Industry

Susan

It seems the marijuana industry is not doing bad at all. This is due to the recent events where Aurora Cannabis has submitted a proposal looking to acquire the share of CanniMed Therapeutics. Aurora is not just looking for a small stake in the company, it wants to buy all the shares thus acquiring it. The company will buy CanniMed which trades on the Toronto Stock Exchange for a share price of $24. Well, if the deal will go through, Aurora is likely to claim the market cap of more…

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Legal Weed Inevitable in Illinois, Likely Soon

Susan

According to Chris Stone, CEO of HCI alternatives, the legalization of recreational marijuana is inevitable in Illinois and it is going to happen sooner than what most people would have expected. This assumption is based on the argument that the state approved the use of medical marijuana in 2013. It was inevitable that most residents would just let the use of recreational marijuana slide. It is the same thing that you might have seen from other states. It takes an average of 5 to 6 years for people to start…

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Marijuana Legalization One Step Closer to Getting on the Ballot in Michigan

Susan

The petition on legalizing marijuana in Michigan required around 360,000 signatures. It seems that is no longer a problem as the Coalition to Regulate Marijuana has announced that it would be turning the signatures to the Secretary of State. This is one step closer to the actual marijuana legalization in the state. The petition is looking to legalize, regulate and tax the recreational marijuana in the state. Those who are 21 years and above could now use marijuana for recreation in Michigan if the petition is passed. Even if that…

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