DEA-licensed cannabis cultivator closes $20 million Series A funding round

Biopharmaceutical Research Co., one of seven cultivators licensed by the U.S Drug Enforcement Administration to grow cannabis primarily for research purposes, closed a $20 million Series A funding round. ADVERTISEMENT According to a news release, the Castroville, California-based company plans to use the venture-capital proceeds to: Scale operations. Expand product offerings. Conduct sponsored research. Execute […]

Ketamine therapy approved for use in non-hospital treatment centres in Alberta

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Ex-SoCal politician gets 5-year prison sentence in marijuana bribery scheme

Former Southern California politician Jermaine Wright was sentenced to five years in a federal prison after being convicted of bribery in a marijuana business licensing scheme as well as attempted arson. Wright, who was mayor pro tem and a city councilor in Adelanto, California, was arrested and charged in 2017 with soliciting and accepting a […]

Reform Groups Say Bipartisan Marijuana Research Bill Could Cause ‘Dire Unintended Consequences’ For Industry

Marijuana and drug policy reform groups are sounding the alarm about a bipartisan cannabis research bill that they say could inadvertently undermine state marijuana programs and patient access. In a letter sent to Senate Majority Leader Chuck Schumer (D-NY) on Tuesday, the Global Alliance for Cannabis Commerce (GACC) and Law Enforcement Action Partnership (LEAP) said […]

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