Changes to U.S. hemp policy, medical cannabis classes in Brazil, and legalized cannabis in Mexico among our headlines this week.
Cannabis policy is changing around the world, and Medical Marijuana, Inc. and our family of companies is at the forefront, promoting safe, responsible cannabis use and ensuring consumers and patients around the world have access to cannabinoids. This week, a number of media outlets included our companies in their coverage. Here are our highlights.
Hemp-Legalizing Farm Bill Passes Congress
The 2018 Farm Bill is now one step away from becoming law after it was passed by both the Senate and House this week. The omnibus bill contains language that will legalize domestic hemp cultivation and its use in commercial products. The article will now be sent to President Trump, who is expected to sign it into law. This news was covered in an article on The Street’s Real Money titled Farm Bill Passes, and These Hemp Companies Will Be Big Winners.
The article reads, “The impact of this legislation on the cannabis industry is enormous. Last year, hemp sales in the U.S. reached $820 million, according to the Hemp Business Journal. That’s without hemp being completely legal. These sales have been projected to reach $2.1 billion by 2020 — and that’s not taking into account the passage of the Farm Bill.”
The article also looked at the top companies in the hemp space. Medical Marijuana, Inc. and our portfolio of companies was ranked third on the article’s list. According to the article, our companies control 10 percent of the hemp-derived CBD market.
You can learn more about Medical Marijuana, Inc. and our companies here.
This news was also picked up in the following media outlets:
HempMeds® Brasil Hosts Medical Cannabis Course
To help promote the therapeutic use of cannabinoids like CBD in the country, HempMeds® Brasil hosted a course on cannabinoid medicine last week. News of this groundbreaking course was picked up by Canaltech, one of the premier media outlets in Brazil.
According to the article, “The course was taught by Dr. Júnior S. Gibelli of HempMeds Brazil, in addition to the senior medical researchers of cannabinoid medicine, Dr. Ailane Araújo and Dr. Joaquim Daniel. The first participating physicians possessed differentiated specializations, such as psychiatry, dermatology, gynecology, medical clinic and functional integrative.”
This course is scheduled to take place monthly in the company’s headquarters in São Paulo. Since becoming the first to legally ship CBD products to Brazil, HempMeds® Brasil has worked to promote the use of CBD by the medical establishment. Hosting these courses continue this mission.
You can find more about HempMeds® Brasil here.
Kannaway Holiday Trio Listed Among Best CBD Stocking Stuffers
Major cannabis culture website Leafly included the newly launched Holiday Trio CBD tincture boxed set from Kannaway in its list of perfect CBD stocking stuffers. In an article titled CBD Stocking Stuffers for Every Kind of Consumer, Leafly looks at the best small sized CBD products, ideal for slipping into your loved ones stockings, giving as hostess or Secret Santa gifts, or keeping for yourself for a festive addition to your holiday season. Kannaway’s Holiday Trio includes three 1 oz CBD tinctures seasonally flavored in Pumpkin Spice, Gingerbread, and Chocolate Mint, containing 100 mg of CBD each. This story was picked up by Pot Portal and CBD Magnates.
HempMeds® Mexico First to Ship Cannabis Under New Laws
Already the first company to ship CBD products to patients in Mexico with its THC-free RSHO-X™, HempMeds® Mexico recently became among the first companies to ship products with trace levels of THC that are now legal under changes to Mexico’s cannabis policy. Mexican news outlet Zocalo featured HempMeds® Mexico in their coverage of this change in cannabis product availability.
“On the last day of the Government of Enrique Peña Nieto, the Federal Commission for Protection against Sanitary Risks (Cofepris) asserted that the permits granted for the importation of 57 products ranging from cosmetics, food supplements, food and beverages, as well as herbal remedies based on cannabis, are totally legal,” the article reads.
You can find more about HempMeds® Mexico and the work they have done to promote CBD in the country here.
Want the Latest News from Medical Marijuana, Inc.?
Visit our news feed to learn about our portfolio of companies and its pioneering role in the CBD and cannabis industry.