Cannabis Wheaton President Talks Deal with ABcann and also delves into the effect the recreational legalization will have on Cannabis Wheaton
Cannabis Wheaton President Talks Deal with ABcann and also delves into the effect the recreational legalization will have on Cannabis Wheaton
Cannabis Wheaton President Talks Deal with ABcann and Facing Online Detractors Hugo Alves also delves into the effect the recreational legalization will have on Cannabis Wheaton
Maricann Group Inc. (CSE:MARI)(CSE:MARI.CN)(CNSX:MARI) announced today that it has entered into an agreement to acquire 100% of the issued and outstanding shares of NanoLeaf Technologies Inc. ("NanoLeaf"), a biotech company possessing licensing rights to a number of globally patented technologies that provide proven pharmaceutical, nutraceutical, cosmetic and functional beverage drug delivery formulations.
TMX Group Ltd. is seeking guidance from Canadian securities regulators as it weighs how to deal with marijuana companies listed in Canada with interests in the United States where the business remains federally illegal.
The White House struck a chord with the marijuana industry last week when press secretary Sean Spicer said the Department of Justice is likely to enforce federal marijuana laws in states that have legalized recreational pot.
Proponents of legal cannabis celebrated a victory on July 27. By voice vote, the Senate Appropriations Committee approved a budget bill amendment that prevents the federal government from interfering in medical marijuana programs in states where cannabis has been legalized for medical use1.
The election of 2016 will forever mark a historic moment for the cannabis industry, reflecting growing acceptance – and legalization – of cannabis for medical and recreational use.
For the marijuana industry, 2016 was a successful year by any standards, reaching an estimated $7 billion in transactions and bringing the total number of states to legalize marijuana for medical and/or recreational purposes to 28.
Last month, a letter signed by 10 U.S. senators arrived on the desk of Jamal El-Hindi, the acting director of the Financial Crimes Enforcement Network (FinCEN), requesting guidance on how banking services might be offered to “indirect businesses” – such as SinglePoint, Inc. (OTC: SING).
Deciphering marijuana policy under the Trump Administration can be difficult, given differing statements by White House officials.
There are a number of advantages to society and the public safety in regulating marijuana, but economic arguments also favor its legalization.
The cannabis industry is heating up. More than half of the 50 states in the U.S. have now legalized marijuana for medicinal or recreational use, and several countries, including Brazil, Canada, Jamaica, Mexico, Paraguay, Portugal, Uruguay and the Netherlands, have also taken steps to legalize or decriminalize cannabis in the last two years.
Canada-based Algae Dynamics Corp. (OTCQB: ADYNF) is working to exploit a niche market in Canada’s cannabis space as the Canadian government works to implement blanket legalization of marijuana by 2018.
In March, Congress introduced legislation to regulate and tax marijuana, and to remove it from the federal Controlled Substances Act.
This move would be highly beneficial for SinglePoint, Inc. (OTC: SING), a leading mobile technology and payment solutions company that provides ancillary services to the marijuana industry.