Alabama’s medical cannabis landscape Exciting developments are underway in Alabama’s medical cannabis landscape, and it appears the third attempt might be the charm for entrepreneurs eagerly awaiting opportunities in the industry. Alabama embraced medical marijuana legality in 2021, marked by the signing of Senate Bill 46 by Governor Kay Ivey. This move also led to
Month: October 2023
New cannabis flower monograph published in European Pharmacopeia
In June, the European Pharmacopoeia Commission adopted a groundbreaking cannabis flower monograph, marking a significant milestone for the cannabis industry. This official document provides essential guidelines for herbal drug specifications, representing the first modern cannabis monograph in a widely accepted pharmacopeia. The German progress on their legislation will likely have an enormous impact on the
Challenges & Solutions: Legal Hurdles in Cannabis Businesses
Introduction The cannabis industry, despite its rapid growth and acceptance, faces a myriad of legal challenges. Navigating these hurdles demands understanding the intricate legal landscape surrounding cannabis businesses. This article delves into entrepreneurs’ prominent legal challenges and offers viable solutions to ensure compliance and sustainable growth. 1. Federal vs. State Conflict Challenge: The conflict between federal and
The Green Revolution: How Cannabis Legalization is Reshaping Business Landscapes
In recent years, there has been a significant shift in the way we perceive and regulate cannabis. What was once a taboo topic is now at the forefront of economic discussions worldwide. The legalization of cannabis has sparked what many call the “Green Revolution,” a transformative wave reshaping business landscapes across various states and countries.
CBD: Unraveling the Health Benefits and Regulatory Landscape
Since 2021, CBD (cannabidiol) and CBD-containing products have been subject to the EU Novel Food Regulation (EU) 2015/2283 when seeking authorization for the European market as a novel food. In recent years, cannabidiol, commonly known as CBD, has emerged as a prominent player in the health and wellness industry. Touted for its potential therapeutic properties,
Cannabis & Social Equity Licensing: Bridging Industry Gaps
In the wake of cannabis legalization, the burgeoning industry presents a unique opportunity for economic growth, addressing historical injustices, and promoting social equity. This expert article delves into the social equity aspects of the cannabis industry, highlighting key initiatives, challenges, and the importance of fostering inclusivity and diversity within the business landscape. Understanding Social Equity