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Biotech company Intrexon Corp. (XON) and cannabis company Surterra Wellness on Tuesday announced an exclusive $100 million global licensing agreement aimed at biosynthetic cannabinoid production. The companies will partner to increase Surterra's cannabinoid production by utilizing Intrexon's proprietary...

marijuanalegalization-jun18.jpg China's drug enforcement body said that the legalization of marijuana in Canada and some U.S. states are a "new threat to China". According to CNN, Liu Yuejin, deputy director of China's National Narcotics Control Commission, reported a surge in drugs being smuggled into China over the past year, with the illegal packages primarily linked to North America.

marijuana-jun17.jpg A California court has ruled that prison inmates can legally possess marijuana in their cells, but they cannot not use it. Last week, the Third District Court of Appeal in Sacramento overturned the conviction of five prison inmates who were found with marijuana in their cells. In 2016, California voters legalized recreational possession of less than an ounce of marijuana.

Nevada has become the first state to ban employers from rejecting a job applicant because of a failed marijuana test. The new law signed by Nevada Governor Steve Sisolak earlier in June makes it illegal for employers to reject job applicants based on the results of a marijuana screening test. The...

pills-jun13.jpg A study which analyzed the longer term harms of gabapentinoids suggests that treatment with gabapentinoids was associated with increased risks of suicidal behavior or death from suicide, unintentional overdose, head or body injuries and road traffic incidents or offences, with participants aged 15-24 being the most vulnerable group.

Colorado has surpassed $1 billion in tax revenue from marijuana sales to date, five years after the state began selling recreational marijuana. The Colorado Department of Revenue or CDOR said in a statement that marijuana tax, license and fee revenue reached $1.02 billion, while marijuana sales to...

Grocery chain Kroger Co. (KR) will sell cannabidiol or CBD-infused products in 945 stores across 17 states, according to media reports on Tuesday, citing a company spokesperson. The company now joins the growing list of retailers like Walgreens Boots Alliance Inc. (WBA), CVS Health Corp. (CVS) and...

cannabis-jun11.jpg A new study has dispelled the notion that legalizing medical marijuana can prevent opioid-related deaths. The new study by researchers at the Stanford University School of Medicine shows that death rates from opioid overdoses were actually almost 23 percent higher in states that have passed medical marijuana laws. The findings contradict a previous study's findings.

Canadian cannabis company Aphria Inc. (APHA, APHA.TO) said it is among the four cannabis companies that have signed an agreement with San Francisco-based PAX Labs for cannabis vape products. PAX Labs makes app-controlled vaporization technologies for cannabis flower and concentrates. The deal will...

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