SOMAÍ Pharmaceuticals, a Portugal-based marijuana company, has partnered with Cosma S.A., a Polish company focused on cannabis-based pharmaceutical advancements, to introduce a range of advanced cannabis-based products to Polish patients. The partnership aims to improve access to high-quality, innovative cannabis-based therapies for Polish patients, with Cosma S.A. acting as the marketing authorization holder (MAH) for both companies’ products.
Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, discusses the potential financial benefits of federal cannabis rescheduling for cannabis companies, highlighting the challenges of accessing capital and the need for financial preparedness.
As Puerto Rico prepares for gubernatorial elections, the candidates’ views on cannabis have come into focus. While recreational use remains illegal, the leading contenders – Jenniffer González, Jesús Manuel Ortiz, and Juan Dalmau – have all expressed support for varying levels of cannabis reform, ranging from expanding the medical cannabis industry to decriminalization.
Former President Donald Trump has voiced his support for Florida’s marijuana legalization initiative on the November ballot, advocating for an end to criminalization and highlighting the economic and social benefits of cannabis legalization. His statement comes amidst growing national support for cannabis reform and the recognition of its potential to address various societal challenges.
A Singaporean man was sentenced to nearly four years in prison for attempting to frame his estranged wife by planting cannabis in her car, hoping she would face the death penalty. The plan backfired when the wife discovered the drugs and alerted police, leading to the husband’s arrest.
The growing trend of ‘wake-and-bake’ – consuming cannabis immediately upon waking – is raising concerns among experts, particularly its link to increased cannabis use throughout the day and its use as a coping mechanism for anxiety. This article explores the reasons behind this trend and highlights the need for further research on its potential consequences.
While cannabis remains strictly regulated in Louisiana, a potential legal loophole could allow Native American tribes in the state to sell marijuana, drawing inspiration from similar practices in North Carolina. This legal maneuver hinges on the tribes’ status as federally recognized, self-governing entities, potentially opening up a new cannabis market within the state.
InterCure, an Israeli-based cannabis operator, reported a decrease in revenue for the first half of 2024, citing damages to its southern facility caused by a terror attack. However, the company remains optimistic about future growth, highlighting its strategic partnerships, profitable operations, and ongoing facility restoration efforts.
A federal appeals court has ruled that a Texas resident cannot be barred from owning firearms based solely on past marijuana use, aligning with recent Supreme Court rulings expanding gun ownership rights. The decision, while striking down one charge, revived another related to illegal firearm transfer.
Nextleaf Solutions Ltd., a cannabis processor, announced its financial results for the third quarter ending June 30th, 2024, highlighting a 50% increase in gross revenue year-over-year to CA$4 million. The company also achieved a 37% year-over-year growth in net revenue, reaching CA$3,050,508. Despite a slight dip in gross profit compared to the previous year, Nextleaf remains focused on long-term growth through strategic investments in marketing, inventory, innovation, and product development.
