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Pres Biden’s “Momentous” Announcement on Rescheduling Cannabis is the ‘Biggest Shift’ in 50 Years of US Cannabis Policy

Pres Biden’s “Momentous” Announcement on Rescheduling Cannabis is the ‘Biggest Shift’ in 50 Years of US Cannabis Policy

24/05/18, 07:00

On Thursday, 16 May 2024, US President Joe Biden announced that the US Justice Department is moving cannabis from Schedule I to Schedule III. He said he is committed to “righting the wrongs” of prohibition, though the reclassification doesn’t help those currently in jail on cannabis offences.

Cannabis Stakeholder's Plan Action as Thailand’s Cannabis U Turn Threatens Thousands of Businesses

Cannabis Stakeholder's Plan Action as Thailand’s Cannabis U Turn Threatens Thousands of Businesses

24/05/16, 06:00

Thailand’s move to reclassify cannabis as a narcotic threatens to trigger street protests and class-action suits by owners of thousands of dispensaries which sprung across the country in the wake of decriminalisation two years ago.

Cannabis Brand-Building: The Consumer is Your Mirror

Cannabis Brand-Building: The Consumer is Your Mirror

24/05/11, 08:00

As South Africa moves towards legalizing cannabis for adult-use, there will be an explosion of new retail brands vying for a share of the lucrative post-prohibition market. This is how to ensure your brand meets the mark in what will be a rapidly-evolving consumer landscape.

Thailand’s Shock U-Turn on Cannabis: Strictly Medicinal, Broader Adult-Use Will be Prohibited.

Thailand’s Shock U-Turn on Cannabis: Strictly Medicinal, Broader Adult-Use Will be Prohibited.

24/05/09, 05:00

Despite the positive economic impact cannabis has had on the post-Covid Thai economy, the new government is set on reversing the cannabis reform gains made by the previous administration. It is turning it’s back on a growing industry that was projected to be worth up to US$1,2 billion by 2025.

Blinded by the Green: The JuicyFields Scandal and the Psychology of High Returns

Blinded by the Green: The JuicyFields Scandal and the Psychology of High Returns

24/05/08, 09:00

In the face of slick marketing investors fell into a variety of psychological investment traps: FOMO, Herd Mentality, the Ripple Effect, Cognitive Bias Confirmation Bias and the Halo Effect. But behind it all lies that basic human instinct, greed, which is the driving force behind so many financial decisions.

Middle East Conflict: Moroccan Hash Dealers Boycott Israel Over Gaza

Middle East Conflict: Moroccan Hash Dealers Boycott Israel Over Gaza

24/05/07, 04:00

Although exporting Hashish to Israel was incredibly lucrative to dealers in Morocco, they are no longer willing to sell to Israeli dealers: 'Why Should Israelis be able to make a living selling Moroccan hashish when our Palestinian brothers are suffering from hunger?'

2024: 12 Best ‘Must Know’ Cannabis Strains

2024: 12 Best ‘Must Know’ Cannabis Strains

24/05/04, 07:00

The Homegrown Cannabis Company in the US has curated its 12 best cannabis strains of the year, paying close attention to factors such as potency, effects, ingredients, and even customer reviews.

Research Shows Some Rolling Papers Have High Levels of Heavy Metals

Research Shows Some Rolling Papers Have High Levels of Heavy Metals

24/05/03, 06:00

A recent US study shows that many rolling papers and cones have elevated levels of potentially harmful compounds including heavy metals.

DEA’s Historic Move to Reclassify Cannabis to Recognize its Medical Benefits

DEA’s Historic Move to Reclassify Cannabis to Recognize its Medical Benefits

24/05/01, 07:00

The U.S. Drug Enforcement Administration (DEA), under the Biden administration, will move to reclassify cannabis under Schedule III, meaning its medical benefits will be recognized by the federal government.

JuicyFields: Swedish Lawyer Confirms Class Action Cases Against 'Enablers' Facebook and Ernst and Young

JuicyFields: Swedish Lawyer Confirms Class Action Cases Against 'Enablers' Facebook and Ernst and Young

24/05/01, 06:00

The recent arrests in connection with the JuicyFields fraud, are to be welcomed says Lars Olofsson, the Swedish lawyer trying to retrieve investor funds, but there should have been more people taken into custody and the way the investigation is being conducted is actually an embarrassment to the German police.

2024: The 25 Nations That Consume The Most Cannabis

2024: The 25 Nations That Consume The Most Cannabis

24/04/30, 08:00

The US of A leads the way in global prevalence of cannabis use with some 22,8% of adults consuming on an annual basis. South Africa is nowhere near the top with only an estimated 3 – 5% of the adult population consuming. Take a look at the charts, courtesy Yahoo Finance, for some unexpected results.

South African Willem v d Merwe Among those Arrested for JuicyFields Scam: Also Faces Fraud Charges in Cape Town Over Missing Investor Cash

South African Willem v d Merwe Among those Arrested for JuicyFields Scam: Also Faces Fraud Charges in Cape Town Over Missing Investor Cash

24/04/29, 10:00

The former JuicyFields CEO has reportedly been arrested in Switzerland as part of Europol’s crackdown on the fraudulent cannabis crowd-funding scam. He’s also facing fraud charges in Cape Town in connection with allegedly siphoning off investor cash for his own interests.

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