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New USDA Hemp Rule May Propel Production Around the Country

The USDA’s interim final rule on hemp provides needed clarity and certainty around its legal production. At the same time, producers must ensure they are not running afoul of state or tribal requirements. Foley & Lardner LLP attorneys offer important takeaways from the rule and say it sets the stage for industrial hemp production to take off around the country.

INDIA | The Case for Legalising and Regulating Cannabis

On November 7, 2019, the Delhi high court sought the government’s stand on a petition filed by the Great Legalisation Movement India Trust to decriminalise the use of cannabis. The petitioner has challenged the provisions of the Narcotics Drugs and Psychotropic Substances Act, 1985 which criminalise the use of cannabis as violative of various provisions of the constitution of India.

Cannabis stocks rally for a second day after House passes bill aiming to lift federal ban on weed

Cannabis stocks rallied for a second day Wednesday, buoyed by a historic congressional committee passage of a bill that aims to lift the federal ban on weed, as well as strong gains for Curaleaf after it posted a narrower-than-expected third-quarter loss.

Curaleaf’s U.S.-listed shares CURLF, +15.23% CURA, +15.07% were last up 15%, as investors shrugged off its revenue miss.

CANADA | Cannabis Council's Wish List For Trudeau Includes Illegal Dispensary Crackdown

Cannabis has been legal in Canada for more than a year now, and according to industry players, there are still some kinks in the system.

Earlier this month, the Cannabis Council of Canada sent a letter to Prime Minister Justin Trudeau urging the federal government to consider recommendations to relieve “pain points” in the legal pot framework. 

Here’s what the organization wants the government to act on:

To Be Blunt: Cinema lacks accurate cannabis representation

Image: Seanna Latiff | Daily Trojan

In A24’s slick coming-of-age crime drama “Hot Summer Nights,” awkward and angsty teen Daniel (Timothée Chalamet) gets caught up with dealing weed in Cape Cod, Mass., in 1991. The film depicts the beginnings of his infatuation with cannabis and details the story of his fleeting business.