Marijuana researchers on the Caribbean island of Jamaica are planning to develop new pharmaceutical products following the partial decriminalisation of cannabis.

Following the partial decriminalisation of cannabis earlier this year, Jamaican scientists are harnessing more than 40 years of research in a bid to cash in on the lucrative global medical marijuana market.

Tradiv.com announced on Thursday that it had completed its $1 million seed-stage round of funding. The round was led by investors TL Partners, Poseidon Asset Management, and Anslinger Capital.

"We will legalize, regulate and restrict access to marijuana” – Liberal Party of Canada.

Of the dozens of promises that make up the Liberal Party election platform, this one could have the greatest lasting impact on Justin Trudeau’s administration – and the country as a whole, according to industry experts who are eyeing a potentially sizzling new market.

In part, it’s a matter of scale. If the Liberals succeed in legalizing marijuana, an estimated 1.2 million Canadians could eventually use legal variants of the drug daily – and perhaps another 2.5 million will consume them occasionally. This assumes Canadians will embrace new rules as people have in Colorado, which legalized marijuana for recreational use following a 2012 referendum.

AXIM Biotechnologies, Inc. (OTC: AXIM), an innovative company focused on the research, development and production of hemp-based pharmaceutical, nutraceutical and cosmetic products with an emphasis on the well-being of their customers, announced today that it has secured the down payment on land to build a brand new, state-of-the-art facility on 6,000 square meters of land located at the industrial estate of Stichtsekant, in the city of Almere, The Netherlands. AXIM Biotech’s future high-tech factory will be located on the corner of Fort de Gagel and Fort Blauwkape.

Last year, six of the 10 companies on Forbes’s Top 10 Health Tech Changing the World were Israeli.

The country, already known as an incubator of high-technology businesses, is a strong player in a growing global medical devices market, which is expected to grow by billions of dollars in the next few years, according to market research companies.

Investment in startup tech companies in Israel has grown to more than $5-billion (U.S.) in 2015, according to Jon Medved, Jerusalem-based founder and chief executive officer of OurCrowd, an equity-crowdfunding group for those investing in Israeli and global startups.

Let's face it, 2016 is going to be a monumental year when it comes to the election process. In 2016 we'll be electing a new president, potentially changing the make-up of Congress, and more than a half-dozen states may be deciding on the medicinal or recreational approval of marijuana.

Voters are about to weigh in on marijuana
Marijuana has been a hot-button issue for consumers this decade, with three national polls (Gallup, General Social Survey, and Pew Research) all showing that a slim majority of respondents have a favorable opinion of the currently federally-illicit drug. Focusing solely on medicinal marijuana, the perception of favorability shoots even higher.

Tech billionaire Sean Parker is expected to fund a possible California ballot proposal to legalize marijuana.

Many groups are trying to get initiatives legalizing marijuana on California’s November 2016 ballot, but one scheduled to be announced Monday will have something none of the others do: the money to run an effective campaign.

The Chronicle has learned that billionaire tech investor Sean Parker, the former Facebook president, is willing to spend millions to help pass the proposed Control, Regulate and Tax Adult Use of Marijuana Act, according to a source close to the ballot effort.

A Canberra teen built a drug business worth tens-of-thousands of dollars by importing illicit substances and selling them to high school students and peers.

The teen, who cannot be named due to his youth, sold cannabis, MDMA, cocaine, and LSD worth tens-of-thousands of dollars over for about a year.

A police raid on his home in May located drugs, $14,035 in cash, and paraphernalia, including scales.

The ACT Supreme Court heard the 17-year-old started by buying and selling cannabis at school.

He was so successful that he expanded his business to hard drugs, which he imported into Australia from overseas.

The Democratic 2016 contender has urged an end to US opposition to the substance – and were he to win the White House, he could take executive action

When Vermont senator Bernie Sanders called for an end to federal marijuana prohibition this week before an audience of college students, he went further than any major national presidential candidate before him.

“It’s the first time a presidential candidate has made such a forthright statement on legalization,” said Michael Collins, deputy director at Drug Policy Action. “[It’s a] a fairly big nail in the coffin of prohibition.”

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