Cannabis Trade Federation forms in wake of Gardner-Trump marijuana deal

Two cannabis organizations are coalescing to further legalization causes on Capitol Hill. Lobbying firm New Federalism Fund and business organization American Trade Association of Cannabis and Hemp announced plans to unite their operations to form the Cannabis Trade Federation. The new coalition’s formation comes as cannabis legalization talk heats up…

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Sen. Cory Gardner shares details of marijuana deal forged with Trump

Now that he has President Donald J. Trump’s support for comprehensive legislation protecting state-legal marijuana, Colorado Sen. Cory Gardner says he likes his odds of getting a bill through Congress. Colorado’s Republican senator told The Cannabist in a phone interview that he received assurances from Trump that his state’s marijuana legalization…

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Canadian cannabis companies go global in $670 million deal

Published: Jan 29, 2018, 4:25 pm • Updated: Jan 29, 2018, 4:25 pm By Kristine Owram and Jen Skerritt, Bloomberg News Another day, another near-billion-dollar deal in Canada’s marijuana industry. Aphria Inc. agreed to buy Nuuvera Inc., a global cannabis company based in Brampton, Ontario, for about C$ 826 million…

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Rohrabacher-Blumenauer medical marijuana protections extended by debt limit deal

Published: Sep 8, 2017, 3:34 pm • Updated: Sep 8, 2017, 4:13 pm By Alicia Wallace, The Cannabist Staff Existing federal protections for medical marijuana states are expected to continue through at least Dec. 8. The $ 15.3 billion disaster aid package, debt limit increase and government spending extension approved…

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California Cannabiz – What’s the Deal with Vertical Integration?

The state of California recently consolidated the rules and regulations for both medical cannabis and recreational cannabis, officially merging the Medical Cannabis Regulation and Safety Act (MCRSA) and the Adult Use Marijuana Act (AUMA) to form the Medicinal and Adult Use Cannabis Regulation and Safety Act (MAUCRSA).  MAUCRSA serves as…

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High Times just got new ownership in $70 million deal; investors include Marley son, Denver entrepreneur

Published: Jun 1, 2017, 11:19 am • Updated: Jun 1, 2017, 11:43 am By Aleta Labak, The Cannabist Staff High Times is entering a new era. The magazine started by a marijuana smuggler in the 1970s now has outside ownership for the first time, in a reported $ 70 million…

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