TG Branfalt

The investment will span five years and will cover applications for basic science, clinical, health services, and policy cannabis research.

New legislation in Florida would establish rules for farmers and other businesses to cultivate, manufacture, and sell industrial hemp products.

Some 40 percent of U.S. adults who are 21 or older say they are interested in experimenting with CBD products.

A vote was expected after the legalization bill passed two legislative committees last week, but a number of dissenting Democratic senators means the vote would fail — for now.

A hemp bill has passed unanimously from the Idaho state House of Representatives to the Senate; lawmakers are anxious for a change in the face of hemp’s recent federal legalization.

The proposal could result in reduced tax rates for low-THC and/or hemp-derived products.

Louisiana enforcement officials are planning a crackdown on CBD products sourced from out-of-state hemp farms, despite hemp’s recent legalization via the 2018 farm bill.

The school — which offers courses covering all aspects of the cannabis industry — reported $1.125 million in revenues last year after just $360,000 the year prior.

New York’s governor has pulled his cannabis legalization plan from the state’s budget, planning instead to let lawmakers address the issue in the next legislative session this summer.

The CVS pharmacy chain is reportedly adding CBD topical products — but not edibles or food additives — to store shelves in eight states.

The Canadian cannabis exchange-traded fund Horizons Life Sciences Index ETF could start adding U.S. firms to its roster of publicly traded cannabis companies.

The House Financial Services Committee is set to vote next week on the SAFE Banking Act; it will be the first Congressional cannabis vote of the year.

San Diego could be the next California city to embrace the licensing of social-use cannabis lounges.

In the first public cannabis listing of 2019, Vireo has listed on the Canadian Securities Exchange in Toronto under the ticker symbol “VREO.”

After it passed several key legislative hurdles, New Jersey lawmakers are set to vote on the state’s pending legalization bill as early as next week.

California cannabis firm Canndescent announced the completion of its solar-powered production facility in Desert Springs.

Grassroots Cannabis in Illinois completed its first capital raise of $90 million; the company is now set to expand facilities in Illinois, Maryland, and Pennsylvania.

The governor’s inclusion of legalization revenues for his 2021 budget suggests that sales could launch in New York by 2020.