Day: May 14, 2018 (Page 2)

Louisiana university’s medical cannabis partner undergoing ownership feud

On: May 14, 2018

Southern University in Louisiana has contracted with a company to run the school’s medical marijuana program, but the firm’s principals are embroiled in an ownership struggle. According to The Advocate, the Baton Rouge university said Thursday it had signed a contract with the two majority owners of Advanced Biomedics. SouthernContinue Reading

Cannabis & Traditional Chinese Medicine

On: May 14, 2018

You don’t hear a lot about cannabis use in Traditional Chinese Medicine, but the plant has a long history with the practice. Known as da ma in Chinese medicine, cannabis is considered one of the 50 “fundamental” herbs of TCM. The Chinese goddess Ma Gu, a name that literally meansContinue Reading

West Virginia mulling payment, banking options for medical marijuana companies

On: May 14, 2018

In advance of the launch of West Virginia’s medical cannabis industry, the state treasurer has proposed potential solutions for MMJ companies in need of payment and banking solutions to avoid operating on an all-cash basis. According to the Charleston Gazette-Mail, Treasurer John Perdue has floated two different possibilities to Gov.Continue Reading

Chart: Putting the $55 billion US retail cannabis market in perspective

On: May 14, 2018

With revenue of $5.8 billion-$6.6 billion, sales of legal recreational and medical cannabis in the United States in 2017 topped those of Oreos and organic produce combined. The data – published in the newly released Marijuana Business Factbook – illustrates how quickly the legal U.S. marijuana industry has grown. It nowContinue Reading

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