By Javier Hasse Source: Forbes.com Raphael Mechoulam delivers a speech to participants at the CannaTech conference, an international ... [+]  AFP VIA GETTY IMAGES Professor Raphael Mechoulam, also known as the “father of cannabis research,” revealed his latest discovery, cannabidiolic acid methyl ester (EPM301), only a few months ago. The introduction of this new, patented compound (synthetic, fully stable acid-based cannabinoid molecules) caused a wave of excitement around the future of medicinal cannabis. The compound in question was presented to the world in partnership with ..read more

By NHA Source: nationalhempassociation.org Plastic is the world’s most adaptable material. From bikes to food wraps and from jets to pencils, you can make anything and everything from plastics.  With an infinite number of uses, plastic also has some devastating impacts on our planet. Most plastics produced today are made using petroleum-based compounds that release harmful gases into the atmosphere.  Waste solutions are inefficient, and harmful by-products toxic to land, water, and wildlife. However, the good news is that there is an alternative that does not contribute ..read more

Residents of South Dakota will be voting on a recreational and medical cannabis measure in the same election.   By Sean Williams Source: fool.com There are expected to be a number of fast-growing trends this decade, including cloud computing, the Internet of Things, artificial intelligence, and cybersecurity. But don't sleep on marijuana. After generating an estimated $10.9 billion in worldwide sales in 2018, legal channel cannabis sales are expected to hit anywhere from $50 billion to $200 billion a year by 2030, according to various Wall Street estimates. Yes, this is a pretty ..read more

By Alex Carchidi Source: fool.com Yes, but expect legalization efforts for recreational use to proceed unevenly from state to state. IMAGE SOURCE: GETTY IMAGES. With companies like Aurora Cannabis (NYSE:ACB), Canopy Growth (NYSE:CGC), and Tilray (NASDAQ:TLRY) catching the attention of investors and consumers alike, it's no surprise that marijuana legalization is a hot issue in the U.S. According to a report by Grandview Research, the U.S. market for cannabis was worth $11.3 billion in 2018, with an expected growth rate of 14.5% per year through 202 ..read more

By Charlie Beblin Source: medicalcannabisbrief.com Yep, you read that right! Back in the 1940’s Henry Ford released a car that was made and run off of the plant material, hemp.   Back then, metal was needed for military supplies, so there was little to be used for car production. This slowed the industry. Henry Ford and his team got creative. In a span of 12 years, they had invented the first automobile that was almost entirely made from plants! “70 percent of cellulose fibers from wheat straw, hemp and sisal plus 30 percent resin binder. The only steel in the car [was] its tubu ..read more

By Alicia Wallace Source: cnn.com San Francisco (CNN Business) In 2016, the US election resulted in a green wave as cannabis legalization measures passed in eight out of nine states. Now, the industry and its supporters are hoping for another big win in November. This year, voters in five states will decide whether to adopt either new medical or recreational cannabis laws -- or, perhaps, both in the case of one state. As it stands now, 33 states have legalized medical cannabis, and of those, 11 states have legalized cannabis for adult recreational use. If more states join that lis ..read more

Source: trtworld.com The move comes as Prime Minister Imran Khan's government struggles to boost the country's foreign exchange coffers that have been drained by a struggling economy, fiscal deficits and inflation. Hemp buds for export sit at the CPlant company's farm on the outskirts of Tala, Uruguay, August 13, 2020. (AP) Pakistan has unveiled plans to allow the industrial production of hemp, spurring hopes farmers and businesses in the country will be able to tap into the lucrative global cannabis market. The move comes as Prime Minister Imran Khan's government struggles to boost the cou ..read more

By Kyle Jaeger Source: marijuanamoment.net A congressman introduced a bill on Friday that would create a variety of programs and grants to help people enter the hemp industry and build their businesses. It would also require a federal study into potential alternative uses for the crop as well as challenges faced by the market. Rep. Denver Riggleman (R-VA) filed the Hemp Opportunity Zone Act. As the title implies, the main component of the legislation clarifies that farmers who cultivate the crop can receive tax benefits if they operate in an area designated as an “opportunity zone” by the T ..read more

The Curious Cultural Trajectory of Industrial Cannabis By: Bill Weinberg Source: projectcbd.org Now that hemp has finally arrived at its long-sought status as a legal crop and commodity, to what extent will it deviate from the utopian vision that animated the advocates who fought for it a generation ago? A tension that has always existed between two currents in the subculture of hemp advocacy is increasingly weighted toward the more mundane — activists versus entrepreneurs, idealism versus pragmatism, agrarianism versus agribusiness. And finally the original paradigm of a crop with multitudi ..read more

By Kyle Jaeger Source: marijuanamoment.net The House will be voting on a comprehensive marijuana legalization bill in September, congressional leadership confirmed on Friday. While the floor vote has not yet been scheduled, Majority Whip James Clyburn (D-SC) said in an email blast to members that the chamber is “expected” to take up the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act during the “September work period.” Marijuana Moment first reported in July on imminent plans to hold a House vote on the cannabis descheduling bill. The legislation, introduced by Jud ..read more