MARIJUANA NEWS ROUNDUP – JUNE 28, 2019

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(L-R) Swae Lee and Slim Jxmmi of hip hop duo Rae Sremmurd gets a joint as they perform onstage during Breakout Festival 2019 at PNE Amphitheatre on June 16, 2019 in Vancouver, Canada. (Photo by Andrew Chin/Getty Images)
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News Americas, NEW YORK, NY, Fri. June 28, 2019: Here are the marijuana headlines making news globally, in the Caribbean and Latin America for the week-ending June 28, 2019:

US/Jamaica-based MMJ International Holdings says it is developing a marijuana-derived oral drug for treating multiple sclerosis with NCU.

Illinois has become the 11th us state to legalize recreational pot.

Rastafarians in several caribbean nations including Dominica continue to be discriminated against because of marijuana use, the US state Department says.

New data released by the U.S. government shows the number of banks and credit unions actively banking marijuana-related businesses has increased steadily.

Investment firm Nabis Holdings Inc. has completed acquisition of 49 percent of Israeli-based cannabis provider Cannova Medical Ltd.

Mario Guzman has been called the Cannabis Concierge to rappers and is executive grower of the luxury lifestyle-weed brand Sherbinskis.

Cannabis-related jobs in the us have increased 110 percent in just three years and are expected to keep growing according to Leafly.

The FDA says says it’s taking a “science-based” approach to determine the safety of cannabis products as it considers how to handle their legality.

Receipts of recreational-use cannabis products in Ontario totaled 19.6 million Canadian dollars ($15.1 million) in april new data shows.

And three marijuana stocks to consider this week are: HEXO, FLWR and OGI.

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