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HHS Recommends Rescheduling Cannabis, Surprising an Entire Industry

By |2023-09-14T03:05:22+01:0014 September 2023|

In the most unexpected development to hit the cannabis industry in years, the U.S. Department of Health and Human Services’ (HHS) Secretary Xavier Becerra shared his agency’s recommendation that, based on data and scientific analysis, cannabis, a Schedule I drug under the Controlled Substances Act, should [...]

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CanXChange introduces revolutionary CX financing Service, redefining industry standards

By |2023-09-13T03:05:21+01:0013 September 2023|

CanXChange, the largest B2B cannabis platform in Europe and a leading financial technology company, is proud to announce the launch of its newest service, CX Financing. This innovative product is set to transform the receivables financing landscape, offering exclusive credit terms to our esteemed partners and [...]

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“As a disabled person and full-time carer, cannabis enables me to support my partner”

By |2023-09-13T03:05:10+01:0013 September 2023|

After years of pain medication and antidepressants, Kerry Davies came off all her NHS prescription drugs when she started consuming cannabis medicinally. Here, she shares her journey so far. Kerry Davies battles daily with the symptoms of fibromyalgia and PTSD, as well as her history of [...]

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The CBD Regulatory Environment in Europe: Part 4

By |2023-09-13T03:05:03+01:0013 September 2023|

This is the final piece of a four-part series discussing European cannabis regulations. Click here for Part One, here for Part Two and here for Part Three. Part Four wraps up the series below.  Where is the future of CBD heading? A review of these various jurisdictions, the EU, [...]

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Alternatives to Bankruptcy for Cannabis Companies: Part 3

By |2023-09-13T03:05:00+01:0013 September 2023|

Part 1 of this series discussed the lack of bankruptcy protections for cannabis companies, since bankruptcy in the U.S. is an exclusively federal procedure and cannabis remains illegal under federal law and proposed a number of alternative options for businesses struggling in the current environment. Part [...]

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Study sheds light on anti-inflammatory action of cannabinoids

By |2023-09-12T03:03:10+01:0012 September 2023|

Researchers in Germany have shed new light on how cannabinoids could potentially reduce inflammation in the body, with CBD found to be particularly effective. Friedrich-Schiller-Universitaet Jena in Germany, have been investigating how certain compounds found in the cannabis plant work to counteract inflammation in the body.  [...]

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Cannabis-in-brief: US rescheduling, wider NHS access, Long Covid and workplace discrimination

By |2023-09-09T03:12:20+01:009 September 2023|

We bring you the news you might have missed from the week just gone. The top lines: Health officials in the US have recommended that cannabis be rescheduled to a ‘lower risk’ drug, while the UK Home Affairs Committee called for wider access to cannabis on [...]

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Switzerland’s ‘pragmatic not political’ approach to cannabis reform should set precedent

By |2023-09-09T03:12:06+01:009 September 2023|

Via Business of Cannabis  As Switzerland sees the launch of its second cannabis pilot, Cannavigia co-founder Philipp Hagenbach, shares his insights on the country’s approach to reform. Recent weeks have seen the launch of ZüriCan, Switzerland’s second cannabis pilot set to give over 2,000 Zurich inhabitants [...]

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Prescription cannabis patients at risk of discrimination in the workplace, says report

By |2023-09-08T03:11:44+01:008 September 2023|

Employers may be breaching the Equality Act over their approach to prescription cannabis patients in the workplace, according to a new report. What are your rights as an employer and an employee? Published by the Cannabis Industry Council (CIC), ‘The Use of Prescription Cannabis at Work’, [...]

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Cannabis linked to improvements in fatigue and quality of life – study

By |2023-09-08T03:11:31+01:008 September 2023|

Australian patients with chronic health issues showed significant improvements in overall health-related quality of life and fatigue in the first three months of treatment with medical cannabis, a new study has found. The paper, published in the journal PLOS ONE, also noted that participants reported improvements [...]

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How cannabis could help manage the unmet need in endometriosis

By |2023-09-07T03:14:06+01:007 September 2023|

Endometriosis is a chronic inflammatory disorder that affects 10% of all women between the ages of 12 and 80 years old and for which there is an urgent need for new treatment options. Here, experts at SOMAÍ Pharmaceuticals explore how cannabis could be part of the [...]

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US: Rising rates of cannabis use among older adults are ‘no surprise’

By |2023-09-07T03:13:46+01:007 September 2023|

With cannabis use reaching its highest recorded levels among older adults in the US, this generation may finally be recognising its potential enhancing health and wellbeing. Insights from a recent federally-funded survey in the US suggest that cannabis use has risen significantly in the last decade, [...]

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The CBD Regulatory Environment in Europe: Part 3

By |2023-09-07T03:13:40+01:007 September 2023|

This is Part Three of a four-part series discussing European cannabis regulations. Click here for Part One and here for Part Two. Part Three dives into dosage, approvals and more. Stay tuned for the final Part Four, coming next week. But does CBD harm the liver? Here, [...]

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Potential of cannabis in treating Long Covid warrants further research

By |2023-09-06T03:07:13+01:006 September 2023|

The role of cannabis-based medicines in treating the symptoms of Long Covid warrants further investigation, according to a new review. UK researchers say existing evidence supports the use of cannabis as a potential treatment for Long Covid, including for symptoms of sleep disturbance, fatigue, pain and [...]

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Congress Wants YOU To Make Safe Products.

By |2023-09-06T03:06:47+01:006 September 2023|

Recently, Congress requested detailed information regarding the regulation of CBD and other cannabinoids. This comes on the heels of frustration around federal inaction with regards to cannabinoid-containing products produced from Cannabis sativa L. plant extracts that can be classified as “hemp” products amidst the clear need [...]

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Are disposable CBD vapes bad for the environment?

By |2023-09-05T03:18:10+01:005 September 2023|

Vaping is a popular way of consuming CBD, but there’s a dark side to the disposable vapes which have flooded the market in recent years. As we previously explored, vaping is an increasingly popular way of administering CBD, mainly due to its fast-acting effects and its [...]

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Home Affairs Committee calls for wider NHS access to medical cannabis

By |2023-09-02T03:02:01+01:002 September 2023|

In its latest report on drugs, the UK Home Affairs Committee recommends that the government widens access to cannabis medicines on the NHS, but cites ‘concerns’ over non-medical use.  The new report, published by the Home Affairs Committee on Thursday 31 August, sets out a number [...]

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Alternatives to Bankruptcy for Cannabis Companies: Part 2

By |2023-09-02T03:01:53+01:002 September 2023|

Part 1 of this series discussed the lack of bankruptcy protections for cannabis companies, since bankruptcy in the U.S. is an exclusively federal procedure and cannabis remains illegal under federal law and proposed a number of alternative options for businesses struggling in the current environment. Part [...]

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Top US health officials recommend rescheduling cannabis

By |2023-09-01T03:00:55+01:001 September 2023|

The US Department of Health and Human Services (HHS), has recommended that cannabis be classed as a lower risk drug. Here’s what this means for research, industry and consumers. A leaked letter, seen by Bloomberg News and dated Tuesday 29 August, reveals that the HHS has [...]

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The state of pharmaceutical cannabis – 12 key takeaways

By |2023-08-31T03:14:19+01:0031 August 2023|

A new report explores the progression of cannabis research over the last decade, as well as the barriers holding back further developments in the pharmaceutical space. We take a look at some of the key takeaways. The report, published today by Prohibition Partners and Cannabiscientia, gives [...]

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Cannabis may be beneficial in childhood cancer, but more evidence is needed

By |2023-08-31T03:14:01+01:0031 August 2023|

Cannabinoids may be beneficial for managing symptoms in children with cancer, a new review finds, but more extensive research is needed.  A recent analysis of existing research suggests that while cannabinoids are increasingly being used to manage symptoms in childhood cancer, there is a lack of [...]

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HHS Recommends DEA Reschedule Cannabis to Schedule III

By |2023-08-31T03:13:53+01:0031 August 2023|

Massively promising news for the cannabis industry today that many are calling historic: the Department of Health and Human Services (HHS) has sent a letter to the Drug Enforcement Administration (DEA), recommending that cannabis be rescheduled from Schedule I to Schedule III. The news was originally [...]

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Payment Processing & CBD Products: What to Know

By |2023-08-31T03:13:48+01:0031 August 2023|

In the wake of the 2018 Farm Bill, the horizons of hemp-derived cannabis products expanded, offering nearly limitless opportunities for businesses and brands in the CBD industry to expand what they could offer to their customers. However, threading the path to prosperity within this new regime [...]

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UK Home Office urged to provide clarity for CBD industry

By |2023-08-30T03:05:00+01:0030 August 2023|

Representatives of the UK CBD industry are urging the Home Office to protect the sector, and reassure millions of consumers, with greater clarity and stricter regulation. A new campaign, led by the Association for the Cannabinoid Industry (ACI), is calling on the Home Office to implement [...]

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Study: Cannabis ‘not associated’ with increased rates of psychosis in ‘high risk’ teenagers

By |2023-08-30T03:04:47+01:0030 August 2023|

In a new study, cannabis was not associated with increased rates of psychosis or other adverse health outcomes among adolescents classed as ‘high risk’ for the disorder. Researchers at Hofstra University in New York and Stanford University in California, assessed the relationship between cannabis use and [...]

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Cannabis Industry Banks Still at Risk Without Passage of the Safe Banking Act

By |2023-08-30T03:04:34+01:0030 August 2023|

Here we are again, crossing our fingers, hoping that the Senate will approve the passage of the Secure and Fair Enforcement Banking Act (SAFE Banking Act). This Act would provide banks with regulatory protections, allowing them to offer critical financial services to cannabis businesses without risking [...]

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Data-Driven Decision Making: Mastering Methodologies for Cannabis Market Research

By |2023-08-30T03:04:31+01:0030 August 2023|

In any industry that is labeled as the “Wild West,” the ability to discern your target market, collect accurate data and strategically drive success has become paramount. With factors such as invisible shoppers, anyone who is a customer of a brand or dispensary and does not [...]

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The CBD Regulatory Environment in Europe: Part 2

By |2023-08-29T03:10:32+01:0029 August 2023|

This is Part Two of a four-part series discussing European cannabis regulations. Click here for Part One. Part Two analyzes the differences between the UK, the EU and the US. Part Three, coming next week, dives into dosage, approvals and more. Stay tuned for more. EU [...]

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Cannabis-in-brief: Zürich launches adult-use pilot, Israel’s medical cannabis reforms and global health economic study

By |2023-08-28T12:58:25+01:0028 August 2023|

We bring you the news you might have missed from the week just gone. The top lines this week: The Swiss city of Zürich launches its adult-use cannabis pilot, Israel’s major reforms aim to make medical cannabis a ‘first line treatment’, and a global study will [...]

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From last resort to first line: Israel’s major reforms to medical cannabis

By |2023-08-28T12:57:57+01:0028 August 2023|

Via Business of Cannabis  Israel could soon see a dramatic increase in the number of medical cannabis patients as the government publishes proposals for sweeping reforms aimed at streamlining access. On Monday 7 August, The Health Ministry published its highly anticipated proposals for medical cannabis reform in [...]

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The doctor’s perspective: medical cannabis in ADHD and autism

By |2023-11-07T11:35:34+00:0028 August 2023|

In his final instalment, consultant psychiatrist and cannabis clinician Dr Tahzid Ahsan, explores the potential of cannabis in managing symptoms of ADHD and autism. Around three in 10 autistic adults and around 28% of autistic children also have ADHD. The likelihood of someone presenting with both [...]

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Best of cannabinoid science: Alzheimer’s, binge eating disorder, ageing and hair growth

By |2023-08-28T12:57:16+01:0028 August 2023|

Cannabis scientist Lex Pelger brings you the latest cannabinoid research with new studies exploring CBD for ageing and hair growth, plus fibromyalgia, Alzheimer’s, binge eating disorder and more.  Lex Pelger is a biochemist specialising in cannabinoids and psychedelics. Here we share an extract from his newsletter, [...]

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Switzerland launches second cannabis pilot with support of Cannavigia software

By |2023-08-28T12:57:03+01:0028 August 2023|

The Swiss city of Zurich has marked a significant milestone with the official launch of its cannabis pilot trial ‘ZüriCan’ this week.  The trials represent a major development in the legalisation and regulation of cannabis in Switzerland.  The second pilot, which began on Tuesday 22 August, [...]

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Study: patients say medical cannabis improves job performance

By |2023-08-28T12:56:49+01:0028 August 2023|

A new study highlights the myriad of benefits medical cannabis can have on patients’ quality of life, from reducing symptoms to boosting energy levels and job performance.  Researchers in Greece studied a group of patients receiving medical cannabis treatment to try to understand how it impacted [...]

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Report reveals countries leading the way in cannabis-related clinical trials

By |2023-08-28T12:56:29+01:0028 August 2023|

After the US, the UK saw the second highest number of clinical trials carried out on cannabinoids in the last decade, according to a new report.  The upcoming report, due to be published this month by Prohibition Partners and Cannabiscientia, explores the progression of cannabis research [...]

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Global study to explore health economic benefits of medical cannabis

By |2023-08-28T12:56:19+01:0028 August 2023|

Researchers in Australia will explore whether treatment with medicinal cannabis can ease the economic impact of chronic health conditions. Australians living with one of 200 chronic conditions may now be eligible to participate in what is expected to become the world’s largest study into the impact [...]

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Irish cannabis ‘caregiver’ serving ‘disproportionate’ five-year sentence moved to open prison

By |2023-08-28T12:56:02+01:0028 August 2023|

A dad-of-two, serving five years for supplying cannabis to help severely ill patients, has been moved to an open prison as his family prepare to launch an appeal against his sentence. The family of Patrick Moore, who was sentenced to five years for the cultivation and [...]

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Training, Education & Compliance: A Q&A with Chase Eastman, CEO of Rootwurks

By |2023-08-28T12:55:53+01:0028 August 2023|

Founder and CEO Chase Eastman officially launched Rootwurks in January 2022. But the journey began years earlier, and passed through industries including food safety training and digital media and television. Rootwurks at its core is a training platform. The cannabis industry deals with an incredibly complex [...]

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As Mastercard Exits Cannabis, There’s a Cash Opportunity

By |2023-08-28T12:55:47+01:0028 August 2023|

Late last month, Mastercard decided to halt their debit card transactions with cannabis dispensaries, notifying financial institutions and payment processors to stop processing purchases. This isn’t the first digital payment solution to swiftly exit the industry – late last year, vendors turned off services to their cashless ATMs. These abrupt [...]

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The CBD Regulatory Environment in Europe: Part 1

By |2023-08-28T12:55:44+01:0028 August 2023|

This is Part One of a four-part series discussing European cannabis regulations. Part One serves as an introduction. Part Two, coming next week, will analyze the differences between the UK, the EU and the US. Stay tuned for more. As I walk through any European cannabis [...]

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Cannabis-in-brief: Germany moves closer to reform, Malta grants first association licences and NHS to fund CBD trial

By |2023-08-19T03:05:30+01:0019 August 2023|

We bring you the news you might have missed from the week just gone. The top lines this week: The German Cabinet approved a bill to implement the first phase of adult-use cannabis legalisation, while Malta moves to issue its first cannabis association licences. In the [...]

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US: Medical cannabis lowers health insurance premiums – study

By |2023-08-19T03:05:24+01:0019 August 2023|

A new study has found that states which have legalised medical cannabis have seen a drop in the average cost of individual healthcare premiums. Researchers from Bowling Green State University in Ohio and Illinois State University looked at the impact of state-specific medical cannabis legalisation laws [...]

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Malta issues first two Cannabis Association licences ‘in principle’

By |2023-08-19T03:05:05+01:0019 August 2023|

Via Business of Cannabis The head of Malta’s cannabis regulatory body has confirmed reports that the country’s first two cannabis associations have been granted licences, ‘in-principle’. Two years after Malta first moved to allow the consumption and cultivation of cannabis for adult-use, the Authority for the Responsible [...]

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NHS Scotland to fund clinical trial on CBD and endometriosis

By |2023-08-18T03:07:14+01:0018 August 2023|

NHS Scotland is funding a six-figure clinical trial to explore the effects of CBD on pelvic pain related to endometriosis.  The Chief Scientist Office, part of the Scottish Government Health Directorate responsible for funding research in NHS Scotland, will provide £300,000 for the trial, Ananda Developments, [...]

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Germany launches harm-reduction campaign as cabinet approves adult-use cannabis bill

By |2023-08-18T03:06:41+01:0018 August 2023|

The German Cabinet has passed a bill for the first phase of adult-use cannabis reform, whilst demonstrating its commitment to harm-reduction and youth protection.  On Wednesday, members of the German cabinet passed the draft of a bill which will see the country take its first steps [...]

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Cannabis Vape Clarity: How to Help Consumers Shop Smart

By |2023-08-18T03:06:31+01:0018 August 2023|

Between 2020 and 2021, cannabis vape cartridges saw 25% year-over-year growth and all-in-one vapes grew a whopping 64% as a category during the same time period. Two years later, the vape space shows no signs of slowing down. There are more strain and extraction style options [...]

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How Automation Drives Performance Advantage in Vaping

By |2023-08-18T03:06:28+01:0018 August 2023|

The vaping technology market is a constantly evolving landscape, driven by the changing needs and preferences of consumers. Staying relevant in this competitive market requires companies to deliver exceptional vape experiences. Airo Brands has risen to the challenge since its inception, offering a diverse product portfolio [...]

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New study sheds light on effects of HHC in the body

By |2023-08-17T03:01:55+01:0017 August 2023|

A new study by researchers in the US is the first to shed light on how HHC binds to receptors in the body – and proposes a safer, more consistent way to produce them. The new paper takes a closer look at hexahydrocannabinol, or HHC, an [...]

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UK research finds GP support for cannabis as an alternative to opioids for chronic pain

By |2023-08-17T03:01:20+01:0017 August 2023|

New research suggests a growing awareness and interest in medical cannabis as an alternative to opioid medications among GPs practising in the UK. Almost two-fifths (37%) of GPs believe that medical cannabis has the potential to reduce patient dependency on other medications and improve quality of [...]

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The dark side of CBD in fitness – risks you need to know

By |2023-08-15T03:44:41+01:0015 August 2023|

As CBD becomes increasingly popular among athletes, Scott Mazza, COO and co-founder of Vitality CBD, shares some tips for using it safely in sport. CBD is taking the fitness world by storm. With evidence showing the compound helps to reduce inflammation, improve recovery and promote focus [...]

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