Day : June 20, 2018

Politics

More Banks Willing to Work with Cannabis Businesses as Legality is Debated

Editor
If you live in any of the nine U.S. states that support recreationally legal cannabis legislation like California, Alaska, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont, and Washington, it becomes simple to forget that the use and possession of cannabis is a federally illegal offense. The Controlled Substance Act of 1970,...
Politics

Canada Officially Legalizes Recreational Cannabis

Editor
The Canadian government has officially passed Bill C-45 yesterday, better known as The Cannabis Act. Now legislation has been set in place by the country’s Senate and House of Commons to legalize cannabis and the extraction of cannabinoids from industrial hemp. Implementation of the new bill is expected to take...
Current News Market Watch Uncategorized

California Based Edible Company Signs LOI For the Chance to Go Public in Canada

Editor
The Bhang Corporation, a privately-held cannabis edible and accessory company with operations out of California, has entered into a LOI (letter of intent) with Canadian public company Pele Mountain Resources Inc. (TSXV:GEM) to facilitate the consolidation of both company’s into one entity.The move by Pele Mountain Resources will actually be a...