10/15/18 - CannTrade "NHL Keeps MJJ-Friendly Policies" 


The National Hockey League will keep its marijuana-friendly policy, especially after Canada’s legalization. Commissioner Gary Bettman said that NHL has no plans to change its rules of not punishing players who are tested positive with marijuana.  Many hockey players use medical cannabis as an alternative to opiate-based painkillers. The only concern NHL officials have is that players are educated properly on both the benefits and effects of marijuana use.

The American Bankers Association is asking members to share their own experiences about the problems caused by serving cannabis businesses. Specifically, they wanted to know the issues caused by the gap between the federal prohibition of marijuana and its legalization in a growing number of states. The information gathered will be used to show to regulators the need for clarity.

New Jersey’s marijuana industry expansion is stalled by the overwhelming number of applications. The state’s Department of Health recently announced that it will not meet the deadline for awarding the second round of additional six licenses with the 146 applications it received. Governor Phil Murphy called to double the dispensaries in the state by November 1st. However, DOH said it will need more time to fully review each application.

A new study shows that research on marijuana will explode with the continuing legalization in different locations. The study was done by a team from Israel and published in Population Health Management. They found that researches on cannabis have been rapidly increasing in the past years. The researchers added that this recent uptick is likely to correspond to the legalization.

California continues to crack down illegal marijuana operations. Thousands of plants have been seized with their operations. This development could help legal marijuana businesses in the state who have been complaining about how black market operations undercut their sales.

We hope you liked today’s headline news. Send in your comments, new studies, and even problems to news@canntrade.com. Don’t forget to follow us on Instagram, Facebook, and Twitter for more updates.