Medical Marijuana

January 28, 2019 - 11:29 pm
BANGKOK (AP) — Thailand's military government on Monday suspended the licensing of commercial marijuana-based products for medical use amid concern that foreign pharmaceutical companies might try to monopolize the market. Prime Minister Prayuth Chan-ocha's decree orders the director of the...
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January 27, 2019 - 9:56 am
JERUSALEM (AP) — Israel has given final approval to a law permitting the export of medical marijuana, a move the government expects will catapult investment in local industry and agriculture. The Cabinet's decision Sunday came a month after the Israeli parliament unanimously approved the decision,...
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FILE - This Saturday, Dec. 29, 2018 file photo shows vendors from MF Extracts counting their intake of cash at their booth at Kushstock 6.5 festival in Adelanto Calif. Gov. Gavin Newsom recommended a sharp increase in spending for cannabis programs, although it's an open question whether it will be enough to help steady the California pot economy. The budget recommends just over $200 million for marijuana-related activities in the year that starts July 1, which would be over a 50 percent boost from the current year. (AP Photo/Richard Vogel,File)
January 10, 2019 - 7:50 pm
LOS ANGELES (AP) — Deep in Gov. Gavin Newsom's new budget is a figure that says a lot about California's shaky legal marijuana market: The state is expecting a lot less cash from cannabis taxes. The Democrat's proposed spending plan, released Thursday, projects the state will bank $355 million in...
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In this Wednesday, Dec. 19, 2018 photo attorney Brian Blatz sits on the roof deck at his office in Los Angeles. When California broadly legalized marijuana on Jan. 1, Blatz with a background in banking and health care had been working for a year to set up a trucking firm . On its website, Long Beach, California-based Verdant Distribution made clear its ambition: to be the nation's pre-eminent business for transporting cannabis. But the choppy rollout of California's legal market saddled the company with costly delays, and it was undone in the end by an abrupt state rule change that allowed just about any marijuana business to become its own distributor, undercutting the need for stand-alone companies like Verdant to do the job. (AP Photo/Richard Vogel)
December 30, 2018 - 4:13 pm
LOS ANGELES (AP) — It was supposed to be a great year for marijuana entrepreneur Brian Blatz. When California broadly legalized pot on Jan. 1, the lawyer with a background in banking and health care had been working for a year to set up a trucking company that would whisk fragrant marijuana buds,...
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FILE - In this Oct. 17, 2018, file photo a depiction of a cannabis bud drops from the ceiling at Leafly's countdown party in Toronto as midnight passes and marks the first day of the legalization of cannabis across Canada. The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. Canada ushered in broad legalization, U.S. drug regulators approved the first cannabis-based drug and investors pumped in billions of dollars. (Chris Young/The Canadian Press via AP, File)
December 27, 2018 - 3:44 pm
PORTLAND, Ore. (AP) — The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. Liberal California became the largest legal U.S. marketplace, conservative Utah and...
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FILE - In this Nov. 1, 2012 file photo, an Israeli woman works at Tikkun Olam medical cannabis farm, near the northern Israeli city of Safed, Israel. Late Tuesday, Dec. 25, 2018, Israel's parliament unanimously approved a law to permit exports of medical marijuana, allowing Israel to tap the lucrative global market. Israel will become the third country, after the Netherlands and Canada, to take its medical cannabis global. (AP Photo/Dan Balilty, File)
December 26, 2018 - 10:29 am
JERUSALEM (AP) — Israel's Parliament has unanimously approved a law to permit exports of medical marijuana, allowing Israel to tap the lucrative global market. Israel will become the third country, after the Netherlands and Canada, to take its medical cannabis global. The Israeli medical cannabis...
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December 25, 2018 - 7:48 pm
BANGKOK (AP) — Thailand's legislature on Tuesday agreed to amend the country's drug law to allow the licensed medical use of marijuana, as well as kratom, a locally grown plant traditionally used as a stimulant and painkiller. Thailand is the first country in Southeast Asia to take such action,...
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FILE - In this March 5, 2015, file photo, Budweiser beer cans are on ice at a concession stand at McKechnie Field in Bradenton, Fla. The maker of Budweiser is partnering with medical cannabis company Tilray in a $100 million deal to research cannabis-infused drinks for the Canadian market. The alliance announced Wednesday, Dec. 19, 2018, is the latest foray by a major beer company into the cannabis business in Canada, which legalized recreational marijuana in October. (AP Photo/Gene J. Puskar, File)
December 19, 2018 - 7:44 pm
NEW YORK (AP) — The maker of Budweiser is partnering with medical cannabis company Tilray in a $100 million deal to research cannabis-infused drinks for the Canadian market. The alliance announced Wednesday is the latest foray by a major beer company into the cannabis business in Canada, which...
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FILE - In this Sept. 25, 2018, file photo, a police officer shows buds of marijuana before a news conference Bangkok, Thailand. On Tuesday, Dec. 11, 2018, New Zealand's government passed a law that will make medical marijuana widely available for thousands of patients over time. (AP Photo/Sakchai Lalit, File)
December 11, 2018 - 1:32 am
WELLINGTON, New Zealand (AP) — New Zealand's government on Tuesday passed a law that will make medical marijuana widely available for thousands of patients over time. The legislation will also allow terminally ill patients to begin smoking illegal pot immediately without facing the possibility of...
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FILE - In this Oct. 17, 2018 file photo, Jean Marc looks at a sample at a cannabis store in Winnipeg, Manitoba. When Canada legalized recreational marijuana in October, it emerged as the world leader in the industry - and U.S. companies are scrambling to get in on the action. Uruguay may have been the first country to legalize pot, but the South American country's market is dwarfed by Canada's. And while a majority of U.S. states have legalized marijuana to varying degrees, contradictory federal laws have U.S. companies reluctant to invest here. So they are sending their money north.(John Woods/The Canadian Press via AP, File)
December 07, 2018 - 6:37 pm
NEW YORK (AP) — When Canada legalized recreational marijuana in October, it emerged as the world leader in the industry — and U.S. companies are scrambling to get in on the action. Uruguay may have been the first country to legalize pot, but the South American country's market is dwarfed by Canada'...
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