After legalizing marijuana, Canada started a cultural evolution and historic shift for the entire world to follow. (Currently, only Uruguay has completely legalized marijuana use for recreational and medical purposes.) In October 2018, the Cannabis Act came into force, and a lot of people expected the legalization to have “dire consequences”, such as minors having easier access ... Continue Reading
Is CBD Really Legal in the U.S.? A Comprehensive List of CBD Oil State Laws
Is CBD oil legal in all 50 states? The answer is yes. Thankfully, hemp-derived CBD is readily available and is 100% legal in all U.S. states. But before taking a closer look at the CBD oil laws of each state, let’s discuss the recent legalization of hemp in the U.S. On December 20, President Trump signed the 2018 Farm Bill that federally legalizes industrial hemp in the U.S. ... Continue Reading
Is Cannabis Oil Legal?
This story started more than 20 years ago and the final chapter has yet to be written. Is cannabis oil legal in the US? Many hope that this is enough reason to make cannabis oil legal. To them, a positive ruling is vital. It impacts their livelihood and their health, and they want the government to fully legalize cannabis as soon as possible. So, what’s the answer to ... Continue Reading
Banks Not Happy Dealing with Marijuana Businesses
Traditional banks are not willing to lend to marijuana businesses in Canada. This post from CNN Business highlights how the big banks are missing a boom. KushCo Holdings, a company that sells packaging and supplies to the cannabis industry, would love to borrow money from a real bank. CEO Nick Kovacevich wants to secure up to $30 million in revolving credit, so he can ... Continue Reading
Legal Cannabis Shortage: Who Will Pay the Price?
Numerous legal cannabis stores in Canada are dealing with empty shelves and disgruntled customers, with fears consumers will turn to black market. This post from The Guardian discusses the weed woes of Canada and their struggle to meet the huge demand for legal cannabis. When Trevor Tobin opened one of Canada’s first legal cannabis stores last month, he had high hopes of ... Continue Reading