Cannabis Wednesday News: Vermont Seeks Applicants for Cannabis Control Board

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Vermont Seeks Applicants for Cannabis Control Board

candidchronicle - Vermont needs to fill three full-time positions in the state’s new Cannabis Control Board (CCB).

Governor Phil Scott today announced that Vermont is seeking applicants for appointments to the CCB, which is comprised of a Chair and two members.

NM Cannabis Industry Group Gives Priorities for a Legalization Bill

nmpoliticalreport - It is likely that the general public will not see drafts of recreational-use cannabis legalization proposals from the legislature until next month, but one group is already suggesting language and looking for a legislative sponsor. 

The New Mexico Cannabis Chamber of Commerce publicly released an early of a recreational-use cannabis bill that they say highlights what those in the industry see as important issues. The chamber is made up of more than 40 cannabis organizations, ranging from educational and legal groups to actual cultivators and dispensaries. 

Goa Government May Introduce a Bill to Allow Growing of Cannabis for Medicinal Use

news - The BJP-led Goa government is mulling over a bill to allow cannabis to be grown in the state for medicinal purposes.

According to a report by The Times of India, the proposal by the health department has already been vetted by the law department.

Illinois Weed Sales on Pace to Top $1 Billion in Year One of Recreational Sales, with Plenty of Room to Grow

chicagotribune - Despite the massive economic disruption wrought by the pandemic, 80 recreational cannabis dispensaries have opened in Illinois and business is on pace to top $1 billion in 2020, including medical marijuana sales.

Cannabis-Focused REIT Files with SEC to Go Public

ganjapreneur - AFC Gamma, a real estate investment trust (REIT) based in West Palm Beach, Florida, on Monday filed an S-11 to go public on the Nasdaq, according to a Renaissance Capital report. In a Securities and Exchange Commission filing, the firm indicated plans to raise up to $115 million in an initial public offering.

High Prices Plague Pennsylvania’s Medical Cannabis Industry

ganjapreneur - While medical cannabis prices in Colorado and Maine range from $35 to $40 per eighth, that same eighth would cost $58 in Pennsylvania where patients face some of the highest medical cannabis costs in the country, according to the Pittsburgh Post-Gazette. Ounces in the state can cost as much as $600 in some cases.

High Prices Plague Pennsylvania’s Medical Cannabis Industry - ganjapreneur

New Jersey Gov. Delays Signing of Legalization Bill

ganjapreneur - The New Jersey legalization bill has hit a snag as Democratic Gov. Phil Murphy wants changes to a decriminalization bill over a technical issue that shields minors from cannabis-related penalties, according to a Patchreport. Murphy, a proponent of the reforms, wants to sign both the decriminalization and legalization bills simultaneously but wants cannabis possession penalties for minors to be like those of alcohol: legal for adults 21-and-older to possess and consume but illegal for those who are underage.

Miraflora Earns USDA Certification for Colorado Farm

gjsentinel - Driven to help people be their best naturally through the unique properties of the hemp plant,  Miraflora has received USDA Organic Certification for its 160-acre farm in Boulder County, Colo.

"The USDA Organic seal is one of the most recognized and sought after in the country," said Christopher Wynne, CEO, Miraflora. "It was important to us to continue to separate ourselves from the rest of the field by officially certifying the high standards we hold for ourselves. We are proud to be able to bring our vision to life and provide consumers with safe, clean and premium products."

Medical Marijuana Dispensary Opens Portsmouth, Is First in Hampton Roads

pilotonline - After several delays, Hampton Roads’ first medical marijuana dispensary opened Tuesday in Portsmouth.

According to the store’s website, Columbia Care opened Tuesday at 10 a.m. Located on Seaboard Court, the facility sells and produces CBD and THC-A oil-based products including capsules and creams.

Eco-Growth Strategies Closes Joint Venture with Sedona Synergy, Inc.

gurufocus - Eco-Growth Strategies (the "Company" or "Eco-Growth Strategies") (OTC PINK:ECGS), a nutraceutical company developing a variety of premium CBD-based products specializing in the sourcing and extraction of trusted North American hemp, today announced that the company has formally closed a joint venture with Sedona Synergy, Inc., an Arizona company that specializes in the extraction of hemp biomass.

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