A new report filed with the New York legislature by state cannabis regulators on Oct. 1 paints a picture of a continually growing legal market that has reached nearly $654 million in sales, but which has also apparently left more than 200 “justice-involved” retail license holders in limbo. The wide-ranging …
Tag: Northeast
Texas hemp sellers rally as statewide ban case heads to high court
An updated iteration of the U.S. Farm Bill probably won’t show up for another year, once again leaving states struggling with hemp regulations on their own. Now, the list of stateside disputes is growing. California and New Jersey recently imposed sweeping bans, and Georgia rolled out its own set of …
PharmAla Biotech to supply MDMA for Harvard med school clinical trial
PharmAla Biotech Holdings Inc. (CSE: MDMA) (OTC: MDXXF) will supply MDMA for a clinical trial at Harvard Medical School’s McLean Hospital, the company announced Wednesday. McLean Hospital, located in Belmont, Massachusetts, is the largest psychiatric research facility affiliated with Harvard Medical School. Financial terms of the agreement were not disclosed. …
Hemp execs see increasing unity between hemp, marijuana interests
While headlines abound pitting the hemp industry against marijuana companies, many entrepreneurs would prefer a stable regulatory environment in which both can operate. Art Massolo and Adam Terry, the respective CEOs of Cycling Frog and Cantrip, have found themselves fighting for their rights to sell hemp-derived THC goods and against …