Toronto Stock Exchange Could Delist Cannabis Companies with U.S. Interests

The Toronto Stock Exchange could delist, suspend, or halt trading for medical cannabis companies with investments in the U.S. because the operations are prohibited under federal law. In the Oct. 16 Notice to Issuers, regulators say while they are “aware” that some states have legalized cannabis for medical and adult use, “it is illegal under U.S. federal law to cultivate, …

Uruguayan Cannabis Producer Plans to Export MMJ Oil

International Cannabis Corporation, a licensed cannabis producer in Uruguay, plans on exporting medical cannabis oil next month for sale in Canada and Mexico, according to a report from Reuters. Alejandro Antalich, the chief executive of ICC, said he hopes to eventually sell the product locally but is not permitted under the nation’s adult-use regime. The law, which originally mandated that …

Michigan Regulators Announce Application Details for New MMJ Regime

Prospective Michigan medical cannabis industry licensees and their affiliates will be subjected to a full background check, including their criminal and financial history, whether they have maintained tax compliance, and their business litigation history, according to guidance released by the state Department of Licensing and Regulatory Affairs. The applicant must submit their fingerprints to the agency as part of the …

Only Two Physicians Have Applied to Recommend MMJ in Louisiana

Just two physicians have applied to recommend medical cannabis in Louisiana – and only one of those applications has been approved, the Associated Press reports. In their response to the organization’s public records request, the State Board of Medical Examiners indicated the other license is still pending review. In an email to the AP, Dr. Vincent Culotta, the executive director …

MMJ Companies’ Lawsuit Against Maryland Allowed to Proceed

The lawsuit against the state of Maryland by two would-be medical cannabis companies will be allowed to proceed and the result could halt the state’s yet-to-launch regime, the Baltimore Sun reports. The plaintiffs, Maryland Cultivation and Processing and GTI Maryland, accuse the state of acting arbitrarily in denying them cultivation licenses. The lawsuit argues that the Maryland Medical Cannabis Commission improperly …

Australian University Nets Multi-Million-Dollar Grant for Cannabinoid Research

The University of Newcastle, in Callaghan, New South Wales, Australia, has received a $2.5 million (USD$1.95 million) grant from the National Health and Medical Research Council to set up the Australian Centre for Cannabinoid Clinical and Research Excellence, the Illawarra Mercury reports. The funds are part of a larger $6 million ($4.7 million) grant to the university for fellowships and …

Hawaii’s Fourth Dispensary Opens

Hawaii’s fourth medical cannabis dispensary opened its doors yesterday after receiving final approvals from the state Department of Health, according to a Pacific Business News report. Noa Botanicals is the second company approved to sell medical cannabis products in Oahu. Brian Goldstein, Noa CEO, indicated the dispensary would have four flower strains upon opening with another “four to six” on …

Online MMJ Card Company Expands to New York, Maryland & Pennsylvania

Software provider OnePath Medical, which connects would-be medical cannabis patients with physicians to recommend its use, has expanded its services to Maryland, New York, and Pennsylvania. The company, founded earlier this year, previously only served Washington D.C. and is the only firm offering the software solution on the East Coast. “People around the world recognize the healing power of cannabis, …

MMJ Industry Operation Reforms Approved for Detroit, Michigan Mayoral Ballots

Voters in Detroit, Michigan will consider two cannabis industry-related proposals during its Nov. 7 mayoral election, Detroit Metro News reports. The proposals, championed by Citizens for Sensible Cannabis Reform, are aimed at changing the legislature-approved rules for exactly where cannabis industry operators can set up shop. According to the News, the first proposal, “an initiative to enact medical marihuana facilities …

Texas’ First MMJ Dispensary Set to Open in December

Texas’ first medical cannabis dispensary is slated to open in December and according to a Houston Public Media report, there are already around 150,000 patients in the state registered to access the program. Despite the high patient count, the program is of the limited variety, offering low-THC, high-CBD oils for patients with intractable epilepsy. Under the state’s Compassionate Use Program, …