Cannabis is emerging from the shadows of prohibition. Every week, there are advancements in many fields related to cannabis. Cannabis Reports will be re-capping the weekly events of the cannabis community and industry, so that you can stay up-to-date on the latest developments.

Cannabis Reports Press Release

The Cannabis Reports name change (formerly Smoke Reports) was officially announced yesterday in a press release that has been seen more than 10,000 times across the web already.

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With the new year and the new name, the Cannabis Reports team is preparing for substantial growth in both our customer community, and the features we build for them.

Epidiolex: Cannabis and Epilepsy

In a report released by the American Epilepsy Society, clinical evidence shows Epidiolex (GWPharma’s cannabidiol formula) to be highly effective for treating children with epilepsy.

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The study, called “Efficacy and Safety of Epidiolex (Cannabidiol) in Children and Young Adults with Treatment-Resistant Epilepsy,” reviewed children suffering from Dravet Syndrome and other conditions marked by seizures over a 3-month period.

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261 patients remained in the study for at least three months, which is long enough to collect substantial group data. 47% of all patients had a 50% or greater reduction in the number of seizures they experienced. 9% of total patients (13% of which suffered from Dravet Syndrome) were seizure free after three months with the medical treatment.

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Safety data on the total 313 participants initially in the study was promising, with minimal Serious Adverse Events (SAEs) that were considered treatment-related. Still, nearly 34% of patients reported some instance of somnolence, diarrhea, fatigue, decreased appetite, convulsions, and vomiting.

Blüm Oakland Acquired by Terra Tech

Agriculture company Terra Tech Corp. (TRTC) has signed a major agreement to acquire all of the outstanding shares for Blüm Oakland, a popular retail location for cannabis in the Bay Area.

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Blüm Oakland posted over $14 million in revenue over the past year, leaving participants in the stock market salivating over cannabis. The last day for closing this merger is March 31st, and Terra Tech has the option to cancel by March 1st should new financial information come to light.

Complain Filed for Shady Lab Results

Michigan crime labs have been accused of falsifying reports on cannabis to maintain public perceptions about the dangers of cannabis. Under the Michigan Public Health Code, possession of cannabis flowers is a basic misdemeanor, but possession of synthetic cannabinoids is a felony.

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This growing scandal in which public officials conspired to misrepresent laboratory findings in order to secure stiffer penalties. The scandal has been driven by a series of email exchanges in which negligence and misconduct are strongly suggested.

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At this time, no federal lawsuit has been published. The formal letter of complaint that has been submitted intends to expose the practices  of the Michigan State Police Crime Laboratory.

Cannabis Health Summit

On January 23rd and 24th, Green Flower will be hosting the first virtual Cannabis Health Summit. This online event is free and will be featuring over twenty medical cannabis experts and industry leaders.

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Cannabis Reports will be covering the event both days on our blog and throughout our social media platforms. You can engage with our team both days that weekend between 9am and 5pm on our Facebook pageTwitter, and Instagram.

Upcoming Cannabis Events

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Growers Competition – (Denver, CO: Jan 16)

Attention all growers, extractors, and industry professionals! Saturday, January 16th marks the second Growers Competition. This is a FREE, invite-only event to showcase your best products and compete in hopes of taking home the 1st place prize!

The event is BYOC and will be accompanied with music, glass blowers, vendors, munchie food, drinks, giveaways, raffles and much more! Want An Invite? Think You Got The Best Buds? If so, be sure to sign up via EventBrite for your invite and the opportunity to have your product judged in hopes of taking home the crown!

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Striking Oil: The Business of Concentrates, Edibles, and Topicals – (Tacoma, WA: Jan 21)

The legal cannabis marketplace has evolved well beyond the bud, and today edibles, topicals, concentrates and oils represent the fastest-growing segments for Washington’s nascent industry. The event will begin with a detailed parsing of the LCB non-flower sales numbers to date, with forward-looking analysis from Front Runner CEO Brian Yauger.

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San Francisco Hempcon – (San Francisco, CA: Jan 22-24)

Hempcon is a medical marijuana show catering to those who may benefit from the medical use of marijuana. This will be one of the premiere event of the year with live A-list entertainment & huge amount of exhibits including medical marijuana dispensaries, collectives, caregivers, evaluation services, legal services, educational institutes, equipment, accessories, and many more.

Hempcon will be an educational event with a full weekend of seminars and presentations by industry leaders, advocates, and attorneys. Whether you are a patient or someone who wants to get educated more about medical marijuana, you have got to be there!

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