At Long Last Banking Is Available To California Cannabis Companies

It was announced this week that a California credit union will provide cannabis companies with checking services, wire transfers and other banking staples that most other businesses already enjoy. Even though cannabis and marijuana have been legal since 2018 most banks wanted nothing to do with money from the industry for fear it could exposeContinue reading “At Long Last Banking Is Available To California Cannabis Companies”

DEA Might Start To Issue Cannabis Cultivation Permits In 2021

Currently the University of Mississippi is the lone entity authorized by the Federal Government to grow cannabis for research. After many years of steadfast delay and foot dragging the U.S. Drug Enforcement Agency may soon issue licenses to both businesses and institutions to cultivate cannabis for scientists who are doing critical research. Richard Shain, presidentContinue reading “DEA Might Start To Issue Cannabis Cultivation Permits In 2021”

Cannabis Producer Canopy Sues GW Pharmaceutical Over Patent

Canadian cannabis company Canopy Growth Corporation is suing GW Pharmaceuticals in U.S. Federal Court charging patent infringement. The allegation is GW uses a Canopy-patent to extract CBD oil according to a complaint filed in the U.S. District Court for the Western District of Texas. The specific patent covers a method of cannabinoid extraction using carbonContinue reading “Cannabis Producer Canopy Sues GW Pharmaceutical Over Patent”

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