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Thailand To Reconsider Cannabis Decriminalization Amid Thriving Market

Thailand's new government is reconsidering ending the ongoing decriminalization of cannabis almost two years after it became the first Asian country to do so. Prime Minister Srettha Thavisin has recently vowed to roll back 2022 cannabis legislation amid a hardline anti-narcotics campaign pledged during the latest election campaign. In an interview with Bloomberg Television in New York while attending the UN General Assembly, Srettah made clear that cannabis in the country will be used for medi

What Would The SAFER Banking Act Mean For The Marijuana Industry?

The marijuana industry in the United States writes a new chapter of its history with the vote of the Senate Committee on the bill that would secure access for businesses to financial institutions. The Senate Committee passed The Secure and Fair Enforcement Regulation Banking Act with a 14-9 vote on Wednesday, September 27, after weeks of negotiations and revisions to reach a bipartisan agreement. The SAFER Banking Act replaces the Secure and Fair Enforcement (SAFE) Act, a bill that has never r

Online Marijuana Shops Lack Proper Age Verification System For Minors, Study Finds

A new study has revealed that numerous online dispensaries have inadequate age verification security systems, potentially allowing children to purchase marijuana without undergoing proper and secure age verification processes. As both medical and adult-use marijuana are legal in more than 30 U.S. states, ensuring that children are prevented from purchasing is one of the core values of most state marijuana legislations. However, several marijuana shops still lack proper age verification systems

The Netherlands Set To Launch Cannabis Legalization Pilot Program In December

The Netherlands is to officially launch its pilot program to legalize the sale of adult-use cannabis in the country in December. The program aims to assess whether coffee shops in the participating municipalities will receive authorization to legally sell cannabis. As announced in February, the Netherlands is to launch a pilot program to explore the legal sale of cannabis. This initiative, which has experienced multiple delays since receiving Senate approval in 2019, has now been officially co

Square Enters Canada’s Cannabis Industry With A Partnership With Jane Technologies

Financial services platform Square has entered Canada's cannabis market in partnership with online ordering platform service for cannabis dispensaries Jane Technologies. The partnership involves Jane enabling cannabis dispensaries to use Square to supplement their brick-and-mortar business with an online store, allowing customers to browse through an updated product list and place orders for either pickup or delivery. This marks a significant advancement in the joint effort of the two companie

California Set To Launch Amsterdam-Style Cannabis Cafes Starting Next Year

Californians will soon have the opportunity to enjoy their favorite snacks alongside their cannabis, thanks to a new bill that aims to introduce Amsterdam-style cannabis cafes in the Golden State. A proposed bill that sought to legalize cannabis cafes in California, mirroring the successful model established in Amsterdam to expand and diversify the marijuana industry in the state, finally arrived on the desk of Gov. Gavin Newsom this week, who also has to sign a bill that would legalize certain

New York To Open Adult-Use Marijuana Licenses To Multistate Operators

New York's adult-use marijuana regulators have decided to expand their licensing program, making it accessible to a broader range of applicants. This move would enable major multistate operators to enter a market currently dominated by unlicensed dispensaries and a limited number of small entrepreneurs, following regulators' efforts to prioritize social equity applicants in launching a legal marijuana market. New York's Cannabis Control Board voted on Tuesday, September 12, in favor of allowin

Colombian President Proposes Latin Alliance To Shift War On Drugs Towards Public Health Approach

It's not an everyday event to hear the leader of a country describe the war on drugs as a failure and suggest moving away from the current drug policy. But this is what Colombian President Gustavo Petro did in Cali on Saturday, September 9, during the Latin American and Caribbean Conference on Drugs in front of the representatives of other countries of the region. Petro suggested forging an alliance among Latin American nations to present a united front in addressing drug trafficking. This str

Is Vaping Cannabis Safe?

Smoking is undoubtedly the most popular way to consume cannabis. However, cannabis consumers have developed new methods to consume it over the years. Edibles, tablets, gummies, tinctures, and topicals are just a few examples that cannabis businesses have created to diversify the offer in the cannabis market. Besides, even the method of smoking cannabis has experienced an upgrade recently. For instance, vaping liquids containing THC and vaporizing cannabis dried flowers and leaves have become

What Would The Reclassification Of Marijuana Mean For The Industry?

The announcement of the call for the reclassification of marijuana's current status has excited industry players, but it hasn't escaped criticism either. The U.S. Department of Health and Human Services sent on August 29 a letter to Anne Milgram, the Administrator of the Drug Enforcement Agency, calling for the reclassification of marijuana as a Schedule III substance within the framework of the Controlled Substances Act, as first reported by Bloomberg News on Wednesday, August 30. The DEA con

Cannabis and Work

As the use of cannabis is catching on in our society due to legalization, many consumers wonder how it could affect work performance. All US legal cannabis states and countries where cannabis is legalized prohibit people from working under the influence of cannabis. However, science does not have a clear position on how cannabis affects work performance, as there is a lack of enough studies on this topic.The National Institute of Drug Abuse (NIDA) says1 that cannabis negatively affects attenti

Residents Of Danish Hippie Enclave Christiania Call For End Of Cannabis Sales Amid Rising Violence

Once a paradise enclave for hippies, Christiania Freetown has turned into a battleground where gangs vie for control over the illegal drug trade. The residents now want the cannabis sale to stop. In the wake of a fatal shooting incident that occurred last week, residents of Freetown Christiania, a commune in Denmark's capital, Copenhagen, which has become one of the main tourist attractions of the city for cannabis consumers, want to stop cannabis sales along its main street. The shooting occu

New Jersey’s Marijuana Revenue Contributes To Funding Violence Prevention Programs

New Jersey will use part of its marijuana revenue to fund violence prevention programs in the state, showcasing how cannabis earnings can drive positive change in society. Governor Phil Murphy and Attorney General Matthew J. Platkin have recently announced that part of the revenue from legal marijuana sales in New Jersey will pay for one-third of a grant initiative focused on stopping and preventing violence within the state. Out of the total $15 million available as grants to community organi

Germany Takes Step Closer To Legalizing Cannabis

Germany's government has approved the long-awaited bill that seeks to legalize adult-use cannabis for personal consumption within the country. This move positions Germany as the second EU country, following Malta, to take this significant step toward legalization. Despite encountering numerous obstacles and facing criticism in its efforts to legalize cannabis, the German coalition government has remained steadfast in fulfilling its commitment to regulating personal cannabis consumption. Moreov

Drug User Can’t Be Barred From Owing Firearms, US Court Rules

A federal appeals court has declared the application of a long-standing law banning firearm ownership for illegal drug users unconstitutional as it violates the Second Amendment. This ruling, announced on Wednesday, August 9, involved the case of Patrick Daniels, a marijuana user. He had been found guilty under that law when police discovered a handgun, a semi-automatic rifle, and marijuana cigarette butts in his car during a traffic stop in Hancock County, Mississippi, in April 2022. The U.S.

New York Judge Temporarily Halts New Marijuana Dispensary Licenses

A New York State Supreme Court judge has ordered the state's marijuana regulators to temporarily block the issuing of new dispensary licenses. A court injunction was approved on Monday, August 7, in response to a lawsuit filed by a group of four veterans. The lawsuit contends that the Conditional Adult-Use Cannabis Retail Dispensary (CAURD) program violates the 2019 Marijuana Regulation and Taxation Act (MRTA), establishing an equity plan. The lawsuit filed last week argues that the CAURD pro

DEA Head Pledges To Seek Federal Marijuana Rescheduling Review Timeline From HHS

The head of the Drug Enforcement Administration, Anne Milgram, has committed to asking the U.S. Department of Health and Human Services for a timeline in order to conduct a review of the federal marijuana rescheduling. Pressed by Rep. Matt Gaetz (R- FL) during the oversight hearing of the Drug Enforcement Administration (DEA) on July 27, in which Milgram testified before the House Judiciary Subcommittee on Crime and Federal Government Surveillance, she informed the committee members that the ag

Uruguay Marks 6 Years Of Marijuana Sales, With 10.7 Million Grams Sold

Uruguay, the world's pioneering country to legalize adult-use marijuana in 2013, began its sales four years later in 2017. Over the course of six years, pharmacies sold 10.7 million grams of marijuana. On the occasion of the sixth anniversary since Uruguay started selling adult-use marijuana, the Institute for Regulation and Control of Cannabis released data on the sale of marijuana in pharmacies last week. Pharmacies in Uruguay have sold 10,693,210 grams of marijuana between July 19, 2017, an

Mastercard Cracks Down On Marijuana Transactions On Its Debit Cards

Mastercard has requested financial institutions to stop accepting marijuana transactions through pin debit cards. Mastercard's decision to further reduce options for marijuana consumers means they will have fewer convenient ways to purchase marijuana without cash. This comes at a time when the marijuana industry has become legal in almost half of the U.S. states, but it still lacks federal regulation. Mastercard has instructed payment processors and banks not to accept marijuana transactions

Albania Passes Bill To Legalize Medical Cannabis And Industrial Hemp

Albania has become the latest European country to legalize medical cannabis and industrial hemp with the hope of boosting tax revenue. Last week, the Albanian Parliament voted 69-23 in favor of a bill that allow the controlled cultivation, production, and export of medical cannabis, along with industrial hemp. The Albanian government, led by socialist Prime Minister Edi Rama, announced the legalization of medical cannabis in June of last year. The approved legislation will create a National C
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