Monthly Archives: December 2014

Inmed Pharma’s Hiring Of Tiberend Highlights Biotech Focus – Yahoo Finance

The firm’s clients include notably companies from $200+ million market capitalization companies, like Galena Biopharma Inc. ( GALE ), to smaller companies like Advaxis Inc. ( ADXS ). Gregory Tiberend heads the team at Tiberend Strategic Advisors with many years of experience in both the public relations and healthcare industry. Over his career, Mr. Tiberend has counseled more than 50 companies in the areas of biotechnology, specialty pharmaceutical, generic pharmaceutical, medical service, diagnostics, healthcare services, and financial services, among others. Taking a Unique Approach InMed Pharmaceuticals’ hiring of Tiberend Strategic Advisors highlights its focus on the biotech side of the cannabis industry. By leveraging its proprietary Intelligent Cannabinoid Drug Design Platform, the company aims to rapidly identify promising new bioactive compounds in cannabis and create an accelerated pathway for drug development and commercialization of between three and five years. So far, the company has identified two compounds to treat glaucoma and arthritis, known as CTI-085 and CTI-091, respectively.
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La City Attorney Sues To Block Medical Marijuana Delivery App – Los Angeles News | Fox 11 La Kttv

Comment and share our stories with your Facebook friends. Los Angeles, CA – (FOX 11 / AP) Los Angeles is suing to shut down a mobile phone application that arranges medical marijuana home deliveries. RELATED: First Marijuana Farmers’ Market in L.A. The city attorney’s lawsuit, filed Tuesday, alleges that the Nestdrop app violates delivery restrictions contained in Proposition D, the city’s medical marijuana law approved by voters last year. Nestdrop acts as a middleman linking customers with delivery services. Delivery is currently available only in a portion of Los Angeles. Customers must prove they have a doctor’s prescription and must be a member of a medical marijuana collective, although they can join a local one through the app. In a statement, Nestdrop co-founder Michael Pycher calls the lawsuit a bid to restrict patient access to legal medicine and says the company will fight it.
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La City Attorney Sues To Block Pot App | Triblive

2, 2014, 9:45p.m. Updated 4 hours ago LOS ANGELES a The Los Angeles city attorney filed a lawsuit Tuesday to shut down a mobile phone application that arranges medical marijuana home deliveries. The suit alleges that the iPhone and Android free app, Nestdrop, is a aflagrant attempta to bypass restrictions in Proposition D, the medical marijuana law approved by Los Angeles voters last year. Nestdrop links customers with delivery services. It started as an alcoholic beverage delivery service but added marijuana in November, promising arrival within an hour. Pot delivery is available only in Los Angeles, but the company said it wants to expand throughout Southern California. Customers must prove they have a doctor’s prescription and must be a member of a medical marijuana collective, although they can join a local one through the app. The company said it works with local dispensaries that can provide pot in bud, edible and concentrated forms. The lawsuit argues that the law limits pickup of the drug to the medical marijuana patients or their caregivers. The lawsuit, filed in Los Angeles County Superior Court, asks a judge to permanently bar Nestdrop from arranging marijuana deliveries and fine the company that owns the app, Nestdrop LLC, $2,500 a day since at least Nov.
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Los Angeles City Attorney Mike Feuer Sues Marijuana Delivery App | Abc7.com

“We would strongly disagree with any assertion that this is a lawful business model,” Feuer added. Nestdrop co-creator Michael Pycher has previously said the service was in compliance with the law. “We have every intention to comply with the law. We are not trying to skirt around anything,” Pycher said. The lawsuit does not mean the operation has to shut down immediately, but the city attorney says the company could rack up severe civil penalties if it continues to operate. They’re asking for $2,500 per day since at least Nov. 12, 2014. Ultimately, a judge will make a ruling at a later date. In a statement released today, Pycher said, “We are saddened by the city attorney’s recent attempt to restrict patients access to their legal medicine and intend to fight this.” Feuer says the lawsuit against Nestdrop is part of his office’s ongoing efforts to crack down on illegal medical marijuana operations.
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Akron Ohio News – West Side Neighborhood Watch

When she was confronted by a security agent, she fled out the door. Police located her at a nearby vision care business and recovered the merchandise, totaling $127. The Akron woman was arrested for theft and taken to the Summit County Jail on two outstanding warrants. The manager of a mall store reported Nov. 20 he spotted a former employee in the mall. The Wadsworth man had been arrested in October for stealing from the store, and at that time he was banned from mall property. Police found him at another location, and he admitted he had been in the mall. He was arrested for criminal trespassing and released with a court summons. NORTON: Police on state Route 21 Nov. 11 stopped a driver for lane violations and arrested him for DUI after he admitted he had been drinking and he failed a field sobriety test.
For the original version including any supplementary images or video, visit http://www.akron.com/akron-ohio-neighborhoods.asp?aID=25002

Epilepsy Seizures Drop 50% In Cannabidiol Study – Yahoo Finance

Lexaria (CSE:LXX) ( LXRP ) has acquired 51% of PoViva Corp, an innovative health company developing Cannabidiol (CBD)-infused products. Lexaria may increase its ownership position to 75% at a later date. “Most CBD’s taste awful,” stated Lexaria CEO and Chairman Chris Bunka in an exclusive interview with Financial Press . “Marian Washington and Michelle Reillo — the two principals at PoViva — have developed patent-pending technology to bind CBD to a lipid. As well as enabling the body to process the CBDs more efficiently, this technology makes it taste much better.” The first PoViva Tea by Lexaria will be a traditional black tea, which accounts for about 85% of all the tea consumed. Initially Lexaria will sell the CBD lipid-bound tea loosely – and then as the product line gets traction Bunka anticipates introducing flavored teas and tea bags.
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Mayfield Man Injured After Crashing Into Home Wednesday Morning – Kfvs12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Cortez-Paramo reportedly had a cut on his lip and complained of pain to his face but he didn’t seek medical treatment. An investigation into the crash is ongoing. Copyright 2014 KFVS . All rights reserved. Most Popular StoriesMost Popular Stories More>> Updated: Tuesday, November 25 2014 2:06 PM EST2014-11-25 19:06:46 GMT In a scene that looks like something out of an archaeological dig, sheriff’s deputies in Sumter County say they located a 500 square foot subterranean room that was being equipped to grow marijuana along with over $35,000 worth of the drug. In a scene that looks like something out of an archaeological dig, sheriff’s deputies in Sumter County say they located a 500 square foot subterranean room that was being equipped to grow marijuana along with over $35,000 worth of the drug. Updated: Wednesday, November 26 2014 6:44 AM EST2014-11-26 11:44:40 GMT A St. Louis County police spokesman says two FBI agents have been shot, but their injuries are not life-threatening.
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