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Cannabis News: Ohio Activists Re-Submit a Cannabis Legalization Proposal

After the state of Ohio rejected a previous version of a cannabis legalization petition for the 2022 ballot, activists have submitted a revised version. The attorney general deemed the first version to be “misleading” after the Coalition to Regulate Maraijuana like Alcohol or CTRMLA turned in a measure with more than 1,000 requisite signatures. Activists […]

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#cannabisclubsuk #ukcannabissocialclubs #cannabisclubs #ukcannabisclubs #unitedkingdomcannabissocialclubs #cannabisclubslondon

This week on ‘Inside the UK’s Cannabis Clubs’ we’re talking to Steve Melhuish at F.A.C.E.S, in Weston.

FACES (Free Addiction Cannabis Education & Support) wants to build a self-sustaining and environmentally-friendly model where hemp and CBD retailers can provide a safe and legal area to create businesses.

FACES want to integrate into the community in Weston in a fun and resourceful way by holding art exhibitions, music events, comedy nights, vape spaces, retro games areas, as well as an education centre for under-18’s and an industrial hemp training area.

Inside the UK’s Cannabis Clubs
We’re going inside the world of UK cannabis clubs with our brand new docu-series – Inside UK Cannabis Clubs.

Each week we take a look at a different side of cannabis, talking to people from all walks of life with one thing in common – cannabis.

We’ll see how each one brings their unique perspective to cannabis from regulatory matters to impactful economic change.

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[Disclaimer]
The views and opinions expressed by the interviewees do not necessarily represent the opinions, beliefs and viewpoints of The Extract UK or official policies of The Extract UK.
The material contained in this website is intended to provide general information and should not be relied upon as professional advice.

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You want high profile interviews with leadership in the Hemp industry and the business news that’s most deeply shaping the market. You want the very latest health and scientific research updates helping to develop understanding around everything CBD. You want to know about what the public think about the vast array of products available in the marketplace, from routine and dispensary-purchased CBD oil through to unorthodox CBD deodorants.

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Source: https://www.stonerstreet.com/2021/09/28/cannabis-news-ohio-activists-re-submit-a-cannabis-legalization-proposal/

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Cannabis Top News: Oklahoma Bill Would Welcome Medical Marijuana Patients From All 50 States

Cannabis Top News: Oklahoma Bill Would Welcome Medical Marijuana Patients From All 50 States Join host Dante Smith as we discuss the Top Cannabis News and more discussion on Delta-8 THC and all of its amazing benefits. As usual, all viewers receive a complimentary $10 Gift card for viewing. Link down below. The Hemp Honors […]

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Cannabis Top News: Oklahoma Bill Would Welcome Medical Marijuana Patients From All 50 States

Join host Dante Smith as we discuss the Top Cannabis News and more discussion on Delta-8 THC and all of its amazing benefits.

As usual, all viewers receive a complimentary $10 Gift card for viewing. Link down below.

The Hemp Honors Daily Roundup with host Dante Smith, now on @Iheartradio and @applepodcast 3 days a week.

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Source: https://www.stonerstreet.com/2021/10/13/cannabis-top-news-oklahoma-bill-would-welcome-medical-marijuana-patients-from-all-50-states/

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Will Pennsylvania Be Next to Legalize? The Governor Hopes So

Will Pennsylvania Be Next to Legalize? The Governor Hopes So Seattle becomes the largest US city to decriminalize psychedelics, New York finally adds flower to its medical marijuana program, and Pennsylvania lawmakers are making big moves to legalize. LIVE today at 2 PM CST! 🌱 We can help with your cannabis business. Get in touch

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October 7, 20210 Comments

Will Pennsylvania Be Next to Legalize? The Governor Hopes So

Seattle becomes the largest US city to decriminalize psychedelics, New York finally adds flower to its medical marijuana program, and Pennsylvania lawmakers are making big moves to legalize. LIVE today at 2 PM CST!

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Cannabis Legalization News Footnotes:
0:00 – Start of Cannabis Legalization News
1:46 – Legalizing marijuana: Two Pa. lawmakers have joined forces in a bipartisan effort to get it done (PennLive)
11:35 – Seattle Becomes Largest U.S. City To Decriminalize Psychedelics (Marijuana Moment)
24:20 – Study: Marijuana Ranks Among Best Treatment For Persistent Existence (The Onion)
27:35 – Inside the Bay Area’s biggest-ever marijuana bust: gym bags stuffed with cash, 40 Rolexes and $1,000 bottles of wine (San Francisco Chronicle)
37:28 – Clint Eastwood Wins $6.1 Million From ‘Online Scammers’ in CBD Lawsuit (Rolling Stone)
38:44 – Justin Bieber’s Latest Venture? Cannabis for a Cause (VOGUE)
46:00 – Illegal activity in medical marijuana industry discussed at hearing (Yahoo! News)
57:00 – New York’s Cannabis Control Board meets, adds ‘flower’ to medical program (NY Daily News)
1:00:40 – Massachusetts is strong-arming legal pot shops to pay for more cops (MIC.com)

LEGAL NOTE ABOUT CANNABIS LEGALIZATION NEWS
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Cannabis Legalization News is an educational news and talk show, the very center of many of our discussions is cannabis. Cannabis currently remains federally illegal and YouTube is mandated by federal regulations. We implore you to go to our website “Cannabis Industry Lawyer” and subscribe to our newsletter so you can keep up with all cannabis legalization news. Please always comply with your jurisdiction’s cannabis laws. If they delete our channel, we’re sorry – we tried to comply but they said we did not.

#CannabisNews #WeedNews #Pennsylvania

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Source: https://www.freshcannabisnews.com/2021/10/07/will-pennsylvania-be-next-to-legalize-the-governor-hopes-so/

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Khiron Life Sciences Reveals 47% QoQ Spike In Medical Revenue, Q2 2021 Cannabis Revenue Increases 68% YoY

Vertically integrated cannabis company Khiron Life Sciences Corp. (TSXV:

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Vertically integrated cannabis company Khiron Life Sciences Corp. (TSXV:KHRN) (OTCQX:KHRNF) announced its latest financial results Monday, revealing a 68% year-over-year jump in revenue to CA$2.8 million (CA$2.18 million) in the second quarter of 2021. Shares traded up 1.96% at $ 0.2499 per share in Friday’s after-hours session.

The uptick in revenue during the quarter ended June 30 can be mainly attributed to normalized clinic operations and the growth of medical cannabis sales in Colombia, Germany, the UK

and Peru contributing to the gross medical cannabis profit margin of 88%.

Q2 2021 Financial Highlights

  • Health Services revenues declined 13%, while medical cannabis revenues hit $825,500, up 47% sequentially.
  • Medical cannabis products contributed 29% of total revenues and 70% of gross profits.
  • European medical cannabis sales growth of 280% sequentially representing over 25% of total medical cannabis revenues.
  • Gross profit, before fair value adjustments, totaled roughly CA$1.05 million, up from 319 000 from the prior year’s period.
  • General and administrative costs were CA$4.43 million, down from $4.53 million in the same quarter of 2020 and from CA$5.6 million in the prior period.
  • Net loss totaled approximately CA$4.8 million, representing an improvement from a CA$5.71 million loss in the second quarter of last year and a CA$5.5 million loss in the previous quarter.
  • Adjusted EBITDA came in negative at CA$3.85 million, versus a CA$4.02 million loss in the first quarter of fiscal 2021.
  • As of June 30, the company had CA$9.4 million in cash and a proforma cash balance of CA$20.6 million.

“With revenues increasing across all markets, our medical cannabis segment contributed 29% of revenues and 70% of gross profits, showcasing how our medical cannabis business can fundamentally shift margin profiles as revenues increase,” Alvaro Torres, Khiron’s CEO and director commented. “In Q2 and subsequently, we achieved a number of very significant milestones.”

More news from Khiron Life Sciences:

Cannabis Co. Khiron: Shares Plunge On Heels Of $12.4M Offering Of Company’s Units

Khiron Cannabis Co To Debut South Of The Border, Obtains High-THC Extract Export Quotas For Mexico

Khiron Sets A Milestone As First Colombian Medical Cannabis Company To Export To Europe

Khiron Life Sciences Confirms First Cannabis Shipment From Colombia To Europe

Photo: Courtesy of Kimzy Nanney on Unsplash

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Health Services revenues declined 13%, while medical cannabis revenues hit $825,500, up 47% sequentially.
  • Source: https://www.benzinga.com/markets/cannabis/21/08/22614645/khiron-life-sciences-reveals-47-qoq-spike-in-medical-revenue-q2-2021-cannabis-revenue-increases-

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