iCULTIVA

A Content Syndication Platform For The Global Cannabis Industry

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“The cannabis industry registered $1.23 billion in investments for January, according to Viridian Cannabis Deal Tracker. The total represents an almost 600 percent growth from the $178 million in the first five weeks of 2017. While it's no secret that the cannabis industry has turned out to be a money-making machine, what made last month's numbers even more remarkable was that they nearly eclipsed the investments of $1.29 billion from all of last year.

As Viridian Capital Advisors search for the reasons behind this boom in investments, a majority of them went towards cultivation and retail companies that were predominately driven by individuals in Canada. Much like the rise in investments, the cannabis industry is expanding beyond a club strictly meant for the high net-worth individuals.”

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Article Provided By: @complex
Author’s Twitter : @ZayMarty
Link To Article: https://tinyurl.com/ybskj2lz

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1💬

**** CANADA ****

“Sun Life Assurance Co. is set to add medical cannabis to its group benefits plan on March 1. It will be the first major Canadian insurance company to take this step.

Sun Life’s approach reflects current evidence-based clinical knowledge regarding the medical use of cannabis,” Sun Life said in a release on Thursday.

"As this has become something our clients—being the individual companies known as plan sponsors—have been asking us about more and more, we have moved from the stage of evaluate and review, to now offering it as a benefit for medicinal purposes,” Dave Jones, senior vice-president of group benefits at Sun Life, told the Globe and Mail.”

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Article Provided By: @globeandmail
Author : @elianna_lev
Link To Article: https://tinyurl.com/y8bv4opg

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4💬

“On Wednesday, advocates and professionals in the cannabis industry descended on a federal court in New York to watch Justice Department lawyers try to dismiss a case against Attorney General Jeff Sessions.

The suit involves plaintiffs: Alexis Bortell and Jagger Cotte, both pediatric medical marijuana patients; Jose Belen, an Army combat veteran who uses cannabis to treat his PTSD; Marvin Washington, a former New York Jet turned cannabis entrepreneur; and the Cannabis Cultural Association, a nonprofit dedicated to ending the war on drugs and promoting people of color in the cannabis industry.

Assistant U.S. Attorney Samuel Dolinger argued that the case should be dismissed because “courts around the country have considered similar or identical claims and have rejected them.” Dolinger and Hellerstein spent a good deal of time discussing the case of U.S. v. Kiffer, which affirmed the drug’s Schedule I status.

There is a well-established body of case law that when the facts change, the courts have to change, too,” Hiller said. “If you only decided case law based upon what people thought years before, we would never have Brown v. Board of Education. … We would never have Windsor. We wouldn't have marriage equality.“

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Article Provided By: @forbes
Author : @wotteditor
Link To Article: https://tinyurl.com/yanzog9j

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0💬

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“Murder and violent crime found to have decreased most in states bordering Mexico as drug cartels lose business to regulation

The introduction of medical marijuana laws has led to a sharp reduction in violent crime in US states that border Mexico, according to new research.

According to the study, Is Legal Pot Crippling Mexican Drug Trafficking Organizations? The Effect of Medical Marijuana Laws on US Crime, when a state on the Mexican border legalised medical use of the drug, violent crime fell by 13% on average.

Some of the cannabis consumed in the US originates in Mexico, where seven major cartels control the illicit drug trade.

The study suggests that the full legalization of cannabis in Colorado and Washington will have an even stronger impact on the drug trade as large-scale cannabis production facilities are erected in these states, further threatening the position of drug cartels.”

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Article Provided By: @guardian
Author : #jamiedoward
Link To Article: https://tinyurl.com/yb6uf4gl

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**** VERMONT ****

“Vermont became the ninth U.S. state and third in the Northeast to legalize recreational cannabis use on Monday when Republican Governor Phil Scott signed a bill passed by the legislature earlier this month.

Vermont is the first state to take this step by an act of the legislature, rather than as a ballot initiative.

The law legalizes possession of up to 1 ounce of the drug, two mature plants and up to four immature plants by people 21 and older beginning on July 1.

It does not legalize trade in the drug.”

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Article Provided By: @reuters
Link To Article: https://tinyurl.com/ycprw4r8

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“Sen. Rand Paul of Kentucky has filed two far-reaching cannabis amendments that he wants to be part of a deal to reopen the government.

One measure would prevent the Justice Department from interfering with state recreational legalization and medical cannabis laws, a big concern in the wake of U.S. Attorney General Jeff Sessions’s recent rescission of Obama-era guidance that has generally allowed local marijuana policies to be implemented without federal harassment

Paul’s other amendment concerns the ability of banks to open accounts for marijuana businesses without running afoul of federal regulators.

💥The lapse in spending legislation has put medical cannabis patients and providers at greater risk because an existing protection preventing the Justice Department from undermining medical marijuana laws has now expired, but drug enforcement has not. Under a federal contingency plan, anti-drug agents and prosecutors are exempt from furlough.💥

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Article Provided By: @marijuanamoment
Author’s Twitter : @tomangell
Illustrator’s Twitter: @pxmolina
Link To Article: https://tinyurl.com/y8zksn8u

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“On Wednesday, Reps. Ted Lieu (D-CA) and Justin Amash (R-MI) re-introduced HR 4816, the “Stop Civil Asset Forfeiture Funding for Marijuana Suppression Act.” As its name suggests, the bill would ban the Drug Enforcement Administration (DEA) from using any federal forfeiture funds to support its Domestic Cannabis Eradication/Suppression Program.

“Civil asset forfeiture is an unconstitutional practice whereby the government takes people’s property without due process,” Rep. Amash said in a statement. “The DEA’s use of proceeds acquired through civil asset forfeiture to expand marijuana enforcement—a state-level issue—makes the already unacceptable practice even worse.”

Over the past five years, the DEA’s program has been responsible for nearly 30,000 arrests, the eradication of 21.6 million marijuana plants, and the seizure of more than $165 million worth of property nationwide. Controversially, the DEA has even funded law enforcement agencies to suppress marijuana in states that legalized the plant for medicinal or recreational use.”

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Article Provided By: @forbes
Author’s Twitter : @nick_sibilla
Link To Article: https://tinyurl.com/ycbgfdx4

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**** NEW YORK ****

“NY Governor Andrew Cuomo called on lawmakers to approve funding for a feasibility study as part of his annual state budget address, in which he laid out his spending proposal for the coming year.

The study would be led by NY Department of Health, which would work with State Police and other state agencies to examine the issue, Cuomo said.”

The governor’s announcement comes the day after a potential Republican challenger, former Erie County Executive Joel Giambra, pitched legalization as a way to address the state’s infrastructure problems.

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Article Provided By: @democratandchronicle
Author’s Twitter: @JonCampbellGAN
Link To Article: https://tinyurl.com/ya8e32t5

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“A.G. Sessions’ decision to repeal the Cole Memo even affected the stock price of Scotts Miracle-Gro Company, which dropped more than 5 percent. Business leaders in an industry that was worth $7.9 billion in 2017, called Sessions’ action revoking “outrageous” and “economically stupid.”

Capitol Hill screamed just as loudly. And it wasn’t just the Democratic members of the Congressional Cannabis Caucus. It was Republican senators, too. Senator Cory Gardner of Colorado took the Senate floor to issue an ultimatum to Sessions: “I will be putting a hold on every single nomination from the Department of Justice until Attorney General Jeff Sessions lives up to the commitment he made to me in my pre-confirmation meeting with him.

Congressional Cannabis Caucus has less than a year to make the Rohrabacher-Farr amendment protections permanent. The means to do that is H.R. 1227, the Ending Federal Marijuana Prohibition Act. The bill, now with 15 cosponsors, would remove marijuana from Schedule 1 and eliminate federal penalties for anyone engaged in state-legal marijuana activity.”

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Article Provided By: @politico
Author’s Twitter: @jimhigdon
Link To Article: https://tinyurl.com/yatykjm2

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0💬

“Congress voted on December 22nd to extend protections for state medical cannabis programs through January 19, 2018.

The mechanism for this protection is a provision preventing federal funds from being used to interfere with state medical cannabis programs.

The provision, commonly known as the “Rohrabacher-Blumenauer amendment” (Amendment), was part of the stopgap appropriations legislation Congress passed in order to fund the federal government for the next month.

First signed into law by President Obama on December 16, 2014, the Amendment has been a very useful tool for protecting cannabis patients, medical providers, and suppliers.

It was instrumental in two favorable cases, U.S. v. Marin Alliance for Medical Marijuana (MAMM), Case No. 98-00086 (Marin Alliance) and U.S. v. McIntosh, Case No. 15-10122 (2016) (McIntosh).

In the Marin Alliance opinion, the US District Court for the Northern District of CA found that a prior injunction prohibiting a California medical cannabis dispensary from operating was unenforceable except to the extent that the dispensary was not compliant with state law, even though the dispensary’s acts were in direct violation of the Controlled Substances Act (CSA).

The Court based its ruling on 2015 version of the Amendment which prohibited the Justice Department (DOJ) from expending any funds in connection with enforcement of any law that interfered with California’s ability to implement its own state laws authorizing the use, distribution, possession, or cultivation of medical cannabis.

Similarly, in the McIntosh opinion, the US Court of Appeals for the 9th Circuit held that the 2016 version of the Amendment prohibited the DOJ from spending funds from a for the prosecution of individuals who engaged in conduct permitted by state medical cannabis laws and who are fully compliant with such laws.”

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Provided By: @repblumenauer @rep_rohrabacher
Article’s Author: @rodkight
Link To Article: https://tinyurl.com/yamfcjj6

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1💬

“If the Rohrabacher-Farr Amendment is left out of a new federal spending bill, the Attorney General Jeff Sessions will be free to wage war on the cannabis industry.

A spending bill passed on Dec. 8 extended the protections in the Rohrabacher-Farr Amendment through Dec. 22.

The Rohrabacher-Farr Amendment prohibit the U.S. Department of Justice from using federal funds to prevent certain states “from implementing their own State laws that authorize the use, distribution, possession or cultivation of medical cannabis.”

Ultimately, Congress must act to put an end to the cycle of uncertainty and permanently protect state medical cannabis programs -- and adult use -- from federal interference.”

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Article Provided By: @themotleyfoolofficial
Author’s Twitter: @TMFUltraLong
Link To Article: https://tinyurl.com/y7vjet9q

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5💬

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**** CANADA ****

“Taxing medical marijuana is "discriminatory" according to a group of 50 Canadian doctors that want the federal government to scrap plans to charge cannabis patients.

They say that scheme is both unfair — because nobody else in the country has to pay tax for their medicine — and also dangerous since preventing patients from accessing marijuana could force them to use harmful alternatives.

"The new taxes being proposed on medical cannabis [are] discriminatory towards patients," Dr. Michael Verbora said in a recent statement. "All medications prescribed have zero tax."

Dr. Verbora — who is the medical director for the cannabis advocacy group Canabo Medical Clinic — added that taxing medical marijuana could exacerbate the opioid epidemic by putting financial barriers around a safer alternative to addictive painkillers like percocet.”

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Article Provided By: @civilized.life
Author Of Article: @mcclure8674
Link To Article: https://tinyurl.com/y8bppass

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2💬

“Banks and credit unions are becoming more comfortable serving marijuana businesses. But the progress could be wiped out by President Trump’s Justice Department.

But the marijuana industry’s banking problems may be more manageable than many officials realize.

Just ask Washington state, which last year successfully pushed almost all legal marijuana businesses to open bank accounts and pay their taxes with a check or other non-cash method. Or Hawaii, which earlier this year announced a “cashless” system for buying medical marijuana, reliant on a technology analogous to PayPal.”

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Article Provided By: @huffpost
Author Of Article Twitter: @squinton_states
Link To Article: https://tinyurl.com/y9degmp4

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0💬

**** MARYLAND ****

“Call it a soft opening for Maryland’s long-awaited medical marijuana program, which seemed about to launch Friday after nearly five years of bureaucracy and delays.

The launch of the industry doesn’t mean that medical marijuana will be easy to buy. Due to low supply and high demand, dispensaries are limiting their first sales to patients who have preregistered with them.

The first batches of cannabis may be especially expensive, because quantities are limited, only a few growers are ready to deliver and businesses are trying to make up for hefty start-up costs.

There are still relatively few places to buy medical marijuana in Maryland. Ninety-two dispensaries that received preliminary licenses from the state nearly a year ago have yet win final approval and their deadline to meet licensing requirements is just a week away.

It’s unclear whether the Maryland Medical Cannabis Commission — which on Friday announced the appointment of health care executive Joy Strand as its third executive director in as many years — extend the deadline.”

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Article Provided By: @washingtonpost
Authors Of Article: @rach.leah.sieg @fenit_n
Photo Credit: Master Cultivator @gfairorth
Link To Article: https://tinyurl.com/y7sb5lwv

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**** NEW JERSEY ****

“With only oil-based cannabis due to be available in the Keystone State, some insiders predict that Pennsylvania & New York’s loss could be New Jersey’s gain.

While the Garden State is eagerly anticipating the great financial opportunities that legal cannabis will bring, some members of Pennsylvania’s medical marijuana industry are worried that easy access to recreational weed across the state line may steal their thunder, reports the Philadephia Inquirer.

When New Jersey does legalize, analysts expect that the state’s cannabis market could grow to $1 billion a year, allowing the state to collect $300 million in annual tax revenue, according to the Inquirer.”

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Article Provided By: @merryjane
Photo Credit: @jungleboys
Author Of Article: #chrismoore
Link To Article: https://tinyurl.com/yb4u7ehk

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5💬

**** NEW JERSEY ****

“The legislation would establish a Division of Cannabis Enforcement, charged with regulating the industry.

The legislation also would establish a sales tax on cannabis from 7% to 25% over five years to encourage early participation.

A September Quinnipiac University poll showed that 59 percent of residents approved of cannabis legalization.

Eights states and the District of Columbia have legalized recreational cannabis.”

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Article Provided By: @seattletimes
Author’s Twitter: @mikecatalini
Link To Article: https://tinyurl.com/ybxyyduf

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**** CALIFORNIA ****

“California released long-awaited rules Thursday that will govern the state’s emerging legal marijuana industry, while potentially opening the way for larger-scale cultivation that some fear could strangle small-farm growers.

The thicket of emergency regulations will allow the state to begin issuing temporary licenses for growers, distributors and sellers on Jan. 1, when recreational sales become legal.

They provide a regulatory road map for business operations, from licensing fees to establishing guidelines for testing, growing and distribution of marijuana in what is projected to be a $7-billion economy, the nation’s largest.

As for infused munchies, “edible products cannot be shaped like a human, animal, insect, or fruit,” according to a summary of the rules.”

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Article Provided By: @latimes
Photo Credit: Master Cultivator @mrs_dcfarms
Link To Article: https://tinyurl.com/ydxchk9w

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US Attorney General, Jeff Sessions, said during a meeting with the Major Cities Chiefs of Police Association in Washington, D.C., March 16, 2017.

“I reject the idea that America will be a better place if marijuana is sold in every corner store. And I am astonished to hear people suggest that we can solve our heroin crisis by legalizing marijuana—so people can trade one life-wrecking dependency for another that’s only slightly less awful.”

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Video Provided By: @lokigro @cspan
Drawing Provided By: #donkeyhotey
Illustrator’s Twitter: @DonkeyHotey

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**** NEW YORK ****

“In honor of Veterans Day, Gov. Cuomo on Saturday signed legislation allowing medicinal marijuana to be used to treat post-traumatic stress disorder.

The bill allows military veterans, police officers and firefighters, as well as survivors of domestic violence, access to the state’s burgeoning marijuana dispensary system.

Medical marijuana is legal in New York for a handful of serious ailments and conditions, including cancer, HIV and AIDS, Lou Gerhrig’s, Parkinson’s and Huntington’s diseases, epilepsy, multiple sclerosis, spinal injuries and chronic pain.”

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Article Provided By: @nydailynews
Authors Of Article: @ellenrmoynihan @denisslattery
Link -> https://tinyurl.com/y9jld9o8

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4💬

“Innovativ Media Group, a multi-media content producer and distributor, today announced that it has acquired http://localcannabisdispensary.com - an ad supported and subscription based directory and search engine for over 500 cannabis dispensaries and stores.

Tom Coleman, CEO of Innovativ Media, said: "This is a significant and logical purchase for us and it represents the kind of diverse content we intend to be making available on the CannaNet.TV platform.

Our primary objective is to expose under-served brands and advertisers within the cannabis community to our worldwide audience of enthusiasts.“

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Article Provided By: @marketwiredteam
Link -> https://tinyurl.com/yc8assls

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1💬

“Nuvus.io, is a decentralized blockchain company that builds big data & supply chain verification ecosystem using distributive ledger technologies.

The company is developing the largest implementation of public & permissioned based blockchain platform.

The platform will leverage a variety of blockchain technologies to enhance the overall chain of custody from seed to user.

Blockchain is a highly effective trust mechanism which uses a cryptographically-secure shared ledger to irrefutably track complex transactions amongst parties while protecting privacy and eliminating fraud.”

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Article Provided By: #forextv.com
Author‘s Twitter: @nasdaq
Link -> https://tinyurl.com/ybu2o4u2

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8💬

“Last week, U.S. Congressman Tim Walz (D-MN) – plus nine of his Democratic colleagues on the House Committee on Veterans Affairs – requested scientists at the Veterans Affairs (VA) be allowed to perform research on marijuana’s many terpenes and cannabinoids.

Walz sent a request to VA Secretary David Shulkin on Oct. 26 in the form of a letter; asserting the veterans administration “is uniquely situated to pursue research on the impact of medical marijuana on veterans suffering from chronic pain and PTSD.”

Walz was joined in signing the letter by Reps. Mark Takano (D-CA), Julia Brownley (D-CA), Ann Kuster (D-NH), Beto O’Rourke (D-TX), Kathleen Rice (D-NY), J. Luis Correa (D-CA), Kilili Sablan (I-Northern Mariana Islands), Elizabeth Esty, (D-CT), and Scott Peters (D-CA).”

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Article Provided By: @marijuanadotcom
Author‘s Twitter: @therealmontereybud
Link -> https://tinyurl.com/y7jmlctp

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10💬

**** CALIFORNIA ****

“High taxes on legal marijuana in California could have the potential to turn many consumers away from the state’s cannabis shops and toward the black market, according to a report from Fitch Ratings.

The credit rating agency estimates state and local taxes on marijuana, which will become legal in California on Jan. 1., could be as high as 45 percent in some cases. It would trail only Washington state, which levies a 50 percent tax on marijuana.

“The existing black market for cannabis may prove a formidable competitor to legal markets if new taxes lead to higher prices than available from illicit sources,” the report says.”

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Article Provided By: @washingtonpost
Author Of Article: @katiezez
Link -> https://tinyurl.com/yb5dea9h

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2💬

**** CALIFORNIA ****

Brokers.
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Whether it’s for M&A, financing, or finding real estate, many brokers are all too willing to cram deals to ensure their commissions while selling cannabis companies down the river when it comes to compliance.
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Lawyers
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If your cannabis attorney is willing to take a financial interest in your business but is NOT providing you with the requisite conflict waiver and opportunity for you to consult with outside legal counsel, that should be a huge RED FLAG.
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If your cannabis lawyer is encouraging you NOT to be transparent or NOT to get things in writing or is steering you away from basic business and corporate duties to try to hide things and/or assets, this is yet another RED FLAG.“

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Article Provided By: @abovethelawblog
Author‘s Twitter: @brickenhilary
Link -> https://tinyurl.com/y8nqhq38

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3💬

“MedMen Opportunity Fund II (@medmenshops ), which looks for companies that cultivate, manufacture and sell pot, is setting up operations in the nation’s most popular tourist destinations.

The effort is timely because New York recently added chronic pain as a qualifying condition for medical marijuana, California’s recreational market opens in 2018 and Nevada legalized adult weed use in July. Canada plans to legalize the plant nationally by July.”

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Article Provided By: @ledgernews
Author‘s Twitter: @jennymkaplan
Link -> https://tinyurl.com/ybalu3t7

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. . .
#cannabis #dank #waterislife #ganja #siliconvalley #marijuana #420 #710 #disrupt #wallstreet #finance #investment #icultiva #wfayo #weedstagram #stockmarket #investmentbanking #markets #business #money #cannabisculture #cashflow #venturecapital #networking #leanstartup #invest #startup #forbes #medmen #nasdaq

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**** NEW JERSEY ****

“During a meeting in Trenton, the panel gave final approval to five new qualifying medical conditions for the state's medical cannabis program:
#anxiety
#migraine
#TourettesSyndrome
#chronicpain related to musculoskeletal disorders
*chronicpain of visceral origin (related to internal organs)

The panel voted unanimously to reject #asthma and #chronicfatiguesyndrome .

Now there's just one final hurdle remaining before anxiety and migraine patients can start seeking relief via cannabis: Health Commissioner Cathleen Bennett.

Bennett, a Chris Christie appointee who has opposed legalized cannabis in the past, has up to 180 days to render a final decision about the five new qualifying conditions, a New Jersey Department of Health spokesperson told Patch on Thursday.”

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Article Provided By: @patch
Author’s Twitter: @EricKieferPatch
Article link-> https://tinyurl.com/yd4fnlob

Let’s Discuss
. . .
#cannabis #weed #marijuana #icultiva #newjersey #trenton #newark #jerseycity #atlanticcity #wfayo #ostf

1💬

“Former NBA Commissioner David Stern believes medicinal marijuana use by players should be allowed, but the league says it won't allow it for recreational use.

Stern was interviewed by ex-NBA player Al Harrington for the website Uninterrupted's documentary "Concept of Cannabis."

Stern said he thought there was "universal agreement that marijuana for medical purposes should be completely legal."

Adam Silver, who replaced Stern as commissioner in 2014, has said he is interested in studying more about the safety of medicinal marijuana.”

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Article Provided By: @kiro7seattle
Link -> https://tinyurl.com/y783e7og

Let’s Discuss
. . .
#cannabis #dank #waterislife #ganja #nationalbasketballassociation #marijuana #420 #710 #newyorkcity #criminaljustice #ballislife #wedontsmokethesame #icultiva #wfayo #weedstagram #cannabissociety #cannabiscommunity #empirestate #decriminalize #hightimes #areyouhighyet #fueledbythc #cannabisculture #instaweed #maryjane #legalization #weshouldsmoke #basketball #nba

8💬

**** NEW YORK ****

“Earlier this year Restrict & Regulate in New York State got its proposal certified by the New York Board of Elections.

That means New York State residents will vote on November 7, 2017, to approve or reject the organization of a state Constitutional Convention.

The state Constitutional Convention is one of the few mechanisms available to pass legalization outside of the inoperative state legislature.

There are three issues that have been proposed as subjects for the constitutional convention.

Prop. 1 deals with cannabis legalization.

Prop. 2 addresses corruption

Prop. 3 deals with the environment.

Voters cast a yea or nay for each of those issues separately. If one of them passes, then a statewide constitutional convention would be called to address the issue.”

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Article Provided By: @leafly
Author’s Twitter: @Gage_Peake
Article link-> https://tinyurl.com/ydgjcu8d

We At iCultiva Will Vote *YEA* For NY State Constitutional Convention

Let’s Discuss
. . .
#cannabis #weed #leafly #marijuana #icultiva #vote #mmj #reform #legalization #VoteYesNov7 #LegalWeed4NY #buffalo #corruption #nyc #syracuse #rochester #albany #newyork @justicedemocrats @ocasio2018 @brandnewcongress @nationalnurses @tolkinformayor @abreufornyc @cannabis4ny #fightfor15

4💬

**** JAPAN ****

“Authorities in Osaka, Japan arrested Satoshi Ohashi, a sanitary worker, for growing cannabis plants he claimed were for personal use.

Police confiscated 21 potted plants and 212 grams of cannabis, worth around 1.2 million yen (approximately $10,000 US).

He was clipping and pruning his plants as decorational bonsai trees.”

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Article Provided By: @herb
Author’s Twitter: @ZaaackKoootzer
Link -> https://tinyurl.com/y9oaruay

Let’s Discuss
. . .
#cannabis #weed #marijuana #icultiva #wfayo #weedstagram #criminaljustice #cannabisculture #ostf #420 #710 #weshouldsmoke #wedontsmokethesame #decriminalize #tokyo #osaka #japan #growyourown #bonsai

2💬