Day: January 11, 2022

TOH Special I Senior German Gov. Officials Have a Gaze at Marijuana Legalization Plans

The new coalition government of Germany is unveiling some initial details about its marijuana legalization plan, even if the reform is taking a back seat to efforts to tackle the coronavirus pandemic. Prior to being sworn in late last year, the so-called traffic light coalition announced that legalization would be a priority and laid out an …

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Budweiser Maker AB InBev Call off Cannabis Beverage Co-Production with Tilray: Big Blow to Cannabis Market

(This story was updated at 3:15 ET with comments from a Labatt Breweries spokeswoman and from the president of a Toronto-based craft cannabis beverage maker. ) The world’s leading brewer, AB InBev, and Canada’s leading cannabis producer by market share, Tilray, have ended their partnership, the New York-based cannabis company quietly acknowledged in a regulatory filing …

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Curaleaf Settles 10 Lawsuits, Wrong THC labeling Can Cost You a Fortune!

Massachusetts-based Curaleaf Holdings settled 10 lawsuits brought after an Oregon subsidiary mistakenly sold THC-infused tinctures that were labeled as containing only nonintoxicating CBD. According to Willamette Week, the multistate operator paid $50,000 to settle one of the lawsuits brought by consumers who purchased the tinctures. Terms of the other nine settlements weren’t disclosed, and the company still faces three …

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Supply Chain Custody: Possible Key to Success for CBD Industry

Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Aitor Arrieta is vice president of GenCanna, a CBD manufacturer in Kentucky. Supply chains are key to any company’s success, but they’re especially important in the CBD industry. Brands need to find suppliers that can deliver …

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Top Fed Intelligence Official Loosens Curbs on Marijuana Restrictions for Workers & Discourses Cannabis Stocks

As more states move to legalize marijuana, the director of national intelligence (DNI) says federal employers shouldn’t outright reject security clearance applicants over past use and should use discretion when it comes to those with cannabis investments in their stock portfolios. DNI Avril Haines’s new memo—which follows up on past guidance that was approved under …

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New Jersey Introduces Metrc System for Cannabis Supply and Traceability

New Jersey selected Florida-based Metrc to provide seed-to-sale tracking for the state’s licensed cannabis program. The state’s five-member regulatory commission voted unanimously to approve a six-year, $390,000 contract with the software provider, NJ.com reported. This is another win for Metrc, which has emerged as the clear front-runner for acquiring state traceability contracts across the country. With New Jersey, Metrc …

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