Weekly Cannabis Cannabidiol News for Aug 30th 2016

CBD News Pick –For These 55 Marijuana Companies, Every Day is 4/20

CBD News Pick – Bloomberg Bloomberg Intelligence identified 55 public companies whose business is based largely or completely on legal marijuana, and whose shares traded at $0.10 or more as of April 15th. These wildly fluctuating penny stocks aren’t for the faint of heart. More than two years after Colorado and Washington became the first states to legalize recreational marijuana, a small but growing number of publicly traded companies are betting their futures on the hope of a thriving legal market for pot-based products. Click for more →

CBD News Pick –Has Marijuana Gotten Stronger Since the 1980s?

CBD News Pick – Business Insider Marijuana today really is stronger than it was in the 1970s, according to several recent reports. Estimates on just how much stronger vary, however, since marijuana is a tricky thing to measure. Its status as a Schedule I drug, and its incredible variability in potency based on where it’s grown and how it’s ingested make it difficult to pinpoint its strength over time. Click for more →

CBD News Pick –Washington Tells DEA to Shove It

CBD News Pick – Tap Newswire Earlier this month, the DEA proved its utter detachment from reality – and its subservience to Big Pharma – by maintaining the classification of cannabis as a Schedule 1 drug. This means, according to their classification system, it has “no currently accepted medical use and a high potential for abuse.” The decision was a surprise to many who were expecting the agency to acknowledge the 21st century body of scientific evidence on cannabis’ medicinal value, and the real-life stories of people cured through this plant. The Free Thought Project has documented many examples of children suffering from constant epileptic seizures, who, after receiving CBD treatment (an extract of cannabis), experience a dramatic reduction in seizures and gain a quality of life like never before. Click for more →

CBD News Pick –Budding Startup uses iPhone to Keep Biz Legit

CBD News Pick – TBD iPhone scanners are helping legal cannabis growers track product and stay compliant with state regulations. Before corporate shine and the smell of success, there was a counterculture aura and a whiff of weed. Pot and the dreams of some industrious guys shared a garage where the personal computing revolution incubated under the Apple brand. So what would the late Steve Jobs think if he could see Apple’s iPhone used to keep the growing and selling of cannabis legal? Jobs, who said he smoked it early on because it made him feel more creative, might smile and say, cool! Click for more →

CBD News Pick –Patent No. 6,630,507: Why the US Gov Holds a Patent On Cannabis Compounds

CBD News Pick – The Denver Post Willie Nelson holds up a container of his branded marijuana with “6630507” written on it. Following the U.S. Drug Enforcement AdministrationÕs inaction on rescheduling marijuana, legalization proponents have responded by taking to the internet to highlight Patent No. 6,630,507, which covers the potential use of non-psychoactive cannabinoids. (Photo courtesy of Willie’s Reserve) The patent was granted to the U.S. Department of Health and Human Services in 2003. Mendez — like patent lawyers, the research arm of the HHS and the New York biopharmaceutical firm that’s working as an exclusive licensee under the patent — cautions that the existence of Patent No. 6,630,507 doesn’t signal that legalization is on the horizon. Click for more →

CBD News Pick –More Growers Brings Surge in Weed Supply, PLUNGE in Boulder County Pot Prices

Growers Clay Berlin, left, and Anthony Reynolds hand trim flowering marijuana plants while working at Americanna cannabis products company in Boulder. (Jeremy Papasso / Staff Photographer) CBD News Pick – Times Call The price of pot is going down, way down, as more people launch large-scale industrial grow operations to supply the state’s dispensaries and makers of weed-infused goodies. The precipitous declines of the past several months are likely to continue, say experts, resulting in massive changes to the nascent industry as more operations rethink the structure of their businesses to take advantage of the cheap cannabis crop. Click for more →

CBD News Pick –Oregon Cannabis Convictions Expunged FREE

CBD News Pick – New Approach Oregon Legalizing cannabis in Oregon was a great achievement that is already paying dividends for our state by creating jobs and generating revenue. However, the number one reason to legalize cannabis was to keep people from suffering from unnecessary and harmful consequences for using a substance less addictive and lethal than alcohol and tobacco. Click for more →

CBD News Pick –California Cannabis: Show Me The Money

Hillary Bricken CBD News Pick – Above The Law With passage of the Medical Cannabis Regulation and Safety Act (MCRSA), my firm’s California cannabis lawyers have been representing a steady onslaught of investors looking to get into California’s MMJ industry in some way, shape, or form. And with the vote on Proposition 64 coming up in November, excitement about the Golden State is palpable. But it’s not all roses when it comes to current California MMJ laws and investing. Click for more →

CBD News Pick –4 Marijuana Stocks On Our Radar

CBD News Pick – RTT News Cara Therapeutics Inc. (CARA) is a biotechnology company focused on developing and commercializing new chemical entities designed to alleviate pain and pruritus (severe itching). The company’s drug candidates fall under two categories – Kappa Receptor Agonist and Cannabinoid Receptor Agonist. Click for more →

For original content on the cannabis industry, plus news articles from the week | handpicked by the CBD Business Blog Editor | to keep you informed on cannabis and cannabidiol (CBD) industry news.

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