Category : Politics

Politics

PAOG Cannabis Pharma Initiative Stands to Benefit From Senator Marco Rubio and Congresswoman Jenniffer González Colón New Bill

CCT IMPACT Agent
PAO Group, Inc. (USOTC: PAOG) today announced that the company’s ongoing business development initiative in Puerto Rico could benefit from a new bill introduced by Senator Marco Rubio and Congresswoman Jenniffer González Colón. PAOG recently acquired cannabis pharmaceutical development assets. Simultaneously the company initiated efforts in Puerto Rico to partner with a Contract Research Organization (CRO)......
Politics

McDermott Bolsters Life Sciences Roster with FDA Veteran

CCT IMPACT Agent
McDermott Will & Emery, the nation’s leading health law firm, announces Brian Malkin has joined as partner in the FDA practice of its Health Industry Advisory group based in Washington, DC. Brian’s practice complements McDermott’s broader life sciences and healthcare capabilities with decades of experience and perspective on critical regulatory and strategic business issues that......
Politics

Lawsuit: Cowen Fired Top Investment Banker Who Raised Concerns About the Bank’s Business Ties to Russian Oligarch Vitaly Malkin

CCT IMPACT Agent
Wigdor LLP represents investment banker Kevin Rollag in connection with a Sarbanes-Oxley Act Complaint filed with the Occupational Health and Safety Administration (“OSHA”) against Cowen Inc. and Cowen and Company LLC (together, “Cowen”).  Also named Respondents in the Complaint are Gavin O’Reilly and Scott Lemone, Managing Directors at Cowen. Wigdor LLP has also filed a......
Politics

Regulators Move to Remove Restriction on Some Uses of Psilocybin

CCT IMPACT Agent
The political push for the legalization of psychedelic products is now underway. Earlier this week, an Oregon ballot measure to legalize the use of psilocybin, a naturally occurring psychedelic prodrug compound, in a therapeutic setting has attracted enough signatures to be featured on the November ballot, under the condition that these signatures......
Politics

Medical Cannabis Ordered in a Maryland Workers’ Compensation Case

CCT IMPACT Agent
The Maryland Workers’ Compensation Commission ordered “reimbursement for out of pocket medical expenses/pain management: The employer/insurer shall reimburse the claimant for medical expenses legally permitted in the State of Maryland up to the amount of $200.00 per month, upon receipt of appropriate documentation.” The award was part of a workers’ compensation decision issued on Dec. 17,......
Politics

FDA warns 15 companies for illegally selling various products containing cannabidiol as agency details safety concerns

CCT IMPACT Agent
Today, the U.S. Food and Drug Administration issued warning letters to 15 companies for illegally selling products containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act (FD&C Act). The FDA also published a revised Consumer Update detailing safety concerns about CBD products more broadly. Based on the......
Politics

Remarks from Acting FDA Commissioner Ned Sharpless, M.D. as prepared for testimony before a U.S. House Energy and Commerce Subcommittee on FDA Regulation of Electronic Nicotine Delivery Systems and Investigation of Vaping Illnesses

CCT IMPACT Agent
Thank you for the opportunity to be here today to discuss the regulation of electronic nicotine delivery systems, or ENDS, and the Agency’s role in the ongoing investigation into lung injuries experienced by individuals who use vaping products. As you know, prior to coming to FDA, I was Director of......
Politics

Chicago Mayor Lori E. Lightfoot Joins Chicago Ideas as Co-Chair for 2019-2020

CCT IMPACT Agent
Mayor Lori E. Lightfoot announced her role as a Chicago Ideas co-chair for the 2019-2020 programming season today. Chicago Ideas is a nonprofit platform that exists to connect and inspire others to create a more joyous, thriving city. The platform produces high quality, yet affordable experiences and content that seek to facilitate......
Politics

New York State Vapor Association Cautions Regulators And Lawmakers

CCT IMPACT Agent
On Friday, the NYS Department of Health issued a press release with new findings on lung-related illnesses and warned against the use of “black market” vaping products. Their lab tests show high levels of Vitamin E Acetate, a thick oil found exclusively in unregulated THC cartridges (the psychoactive substance in cannabis), which......
Business Politics

Grown Rogue Announces Binding Agreement for Michigan Cannabis Licenses and Assets

creativemind
Grown Rogue International Inc. (CSE:GRIN |OTC: NVSIF) (“Grown Rogue” or the “Company“), a vertically-integrated, multi-state cannabis company, with licenses and operations in Oregon and California, has signed a binding agreement which  provides the Company the right to acquire operational control of certain cannabis licenses and related assets as part of its expansion into the Michigan cannabis market,......