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Cannabis Tuesday News: Panel Recommends Higher Purchase Limits for Medical Cannabis

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Panel Recommends Higher Purchase Limits for Medical Cannabis

scnow - A panel of doctors and other health care professionals on Monday recommended increasing the amount of marijuana that can be purchased by participants in New Mexico’s medical cannabis program. But the debate over whether the state has an adequate supply has yet to be settled.

The state medical cannabis advisory board voted in favor of nearly doubling the patient purchase limit to 15 ounces over 90 days after hearing from supporters that New Mexico has trailed other states when it comes to the accessibility of medical marijuana.

SF Could Institute Fine for Smoking in Apartments, Including Cannabis

sfgate - A new proposal heading to the San Francisco Board of Supervisors would impose a $1,000 fine on smoking in apartment buildings with three or more units.

The ban would include smoking tobacco, smoking cannabis and vaping, and would extend to balconies and patios.

Citizen Stash Launches New Line of Cannabis Edibles

yahoo - Experion Holdings Ltd. (the "Corporation" or "Experion") (TSXV:EXP)(OTCQB:EXPFF)(FRANKFURT:MB31) is pleased to announce it has now produced and shipped its first cannabis edible under its nationally recognized Citizen Stash brand.

Designed for the legal adult recreational market Experion's initial shipment of its edible gummies product line will be directed first to Saskatchewan, with order fulfillment to BC, Alberta and Ontario following shortly thereafter, as they complete the final stages of their product registration process. This initial edible product offering is a convenient two per pack, 5 mg THC vegan cannabis gummy to be marketed under the Citizen Stash brand.

Leading California Cannabis Retailer Airfield Supply Adopts Treez Advanced Data Solutions

yahoo - Treez (www.treez.io), a private company focused on retail automation and control for the cannabis industry supply chain, today announced that Airfield Supply Company, California's largest retail operator, has adopted the full data suite of Treez back of house supply chain solutions. These new capabilities employ real-time market data to drive wholesale reordering and marketing.

Cannabis Oil Sold in B.C. Recalled over Incorrect Use Instructions on Packaging

ctvnews - A batch of cannabis oil sold in B.C. has been recalled by Health Canada after the package's instructions on how to use the product were incorrect.

Health Canada says the recall involves nine lots from Voyage Cannabis Corp.'s PureFarma and PuraVida oils. They were sold through provincially authorized retailers in B.C., the health agency says. 

OLB Offers Payment Processing Options for Cannabis and CBD Merchants

oaoa - The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced its SecurePay payment gateway and OmniSoft cloud-based business management platform are ready to support merchants selling cannabis- and hemp-derived products, including CBD. The services will be available to merchants as soon as U.S. regulators allow.

Former NBA Player Larry Hughes to Launch Cannabis Brand

ganjapreneur - Former National Basketball Association player Larry Hughes is partnering with his former teammate-turned-cannabis executive Al Harrington to open two dispensaries and a cultivation and processing center in St. Louis, Missouri next year. The venture is called Viola Missouri (VMO).

Larry
Former NBA Player Larry Hughes

Former Marines Embark on a Marijuana Mission for Veterans

greenentrepreneur - Bryan Buckley, Matt Curran and Andy Miears started Helmand Valley Growers Company in 2019 as a for-profit cannabis business that would donate 100 percent of its proceeds to Battle Brothers Foundation, a nonprofit founded by Buckley dedicated to researching medical cannabis treatments for veterans with ailments such as post-traumatic stress disorder.

“It’s essentially a call to arms for the cannabis community,” says Buckley, the CEO of HVGC and the president of Battle Brothers.

Vireo Health Raises $5 Million with Pennsylvania Dispensaries Sale

newcannabisventures - Vireo Health International, Inc. (“Vireo” or the “Company”) (CNSX: VREO, OTCQX: VREOF), the science-focused, multi-state cannabis company with active operations in exclusively medical-only markets and licenses in six states and the Commonwealth of Puerto Rico, today announced that a subsidiary of Jushi Holdings, Inc. (“Jushi”) (CSE: JUSH) (OTCQB: JUSHF) has exercised its option to purchase Vireo’s equity in Pennsylvania Dispensary Solutions, LLC (“PDS”) for total consideration of $5.0 million cash.

Pennsylvania Dispensary Solutions is authorized to operate up to three medical cannabis dispensaries in the northeast region of Pennsylvania. It currently operates dispensaries in the towns of Scranton and Bethlehem and is developing a dispensary in Stroud Township. 

Florida Cannabis Company Sues Former CEO over New CBD Venture

bloomberglaw - A Florida subsidiary of medical cannabis company Cansortium Inc. sued its former CEO in Miami federal court for allegedly violating a noncompetition agreement and infringing its trademarks by starting his own CBD company.

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