Australia CBD Market Report 2020: How Would the Recent Proposal to Change the Scheduling for CBD Affect your Business? – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Australia CBD Sector: How Would the Recent Proposal to Change the Scheduling for CBD Affect your Business?” report has been added to ResearchAndMarkets.com’s offering.

CBD is listed on the Controlled Drug Register in Australia, which means that it can’t be sold as a consumer product.

From June 2021, the Therapeutic Goods Administration has enabled access to such products through pharmacies, and without a prescription. This report provides a detailed overview of the current regulatory regime in place in Australia for these products, covering everything from the hemp plant itself to extracts and finished products.

A proposal has been put forward that would change the scheduling of CBD, which in turn has a number of consequences. If this, and the Australian market in general, interests you then this is the report for you.

It not only provides information on the current regulatory regime for hemp and CBD

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AHF Backs Proposal to Ease Tariffs on COVID-19 Drugs

LOS ANGELES–(BUSINESS WIRE)–Nov 27, 2020–

A block of 13 World Trade Organization (WTO) member countries and the EU, known as the Ottawa Group, issued a proposal on Monday urging other WTO members to refrain from imposing tariffs and export restrictions on essential medical goods during the COVID-19 pandemic.

“We applaud the Ottawa Group for taking the first step in tackling trade barriers to the flow of essential medicines during the ongoing public health emergency,” said Terri Ford, AHF Chief of Global Policy and Advocacy. “Vaccine nationalism, just like uncoordinated national responses in a pandemic undermine progress toward getting COVID-19 under control – now more than ever we see that international cooperation is indispensable to addressing a global health crisis, there’s no other way around it, we must work together!”

The rationale behind the Ottawa Group proposal stems from the need to improve transparency and strengthen resilience of critical supply

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AHF Backs Proposal to Ease Tariffs on COVID-19 Drugs – Press Release

LOS ANGELES–(Business Wire)–A block of 13 World Trade Organization (WTO) member countries and the EU, known as the Ottawa Group, issued a proposal on Monday urging other WTO members to refrain from imposing tariffs and export restrictions on essential medical goods during the COVID-19 pandemic.

“We applaud the Ottawa Group for taking the first step in tackling trade barriers to the flow of essential medicines during the ongoing public health emergency,” said Terri Ford, AHF Chief of Global Policy and Advocacy. “Vaccine nationalism, just like uncoordinated national responses in a pandemic undermine progress toward getting COVID-19 under control – now more than ever we see that international cooperation is indispensable to addressing a global health crisis, there’s no other way around it, we must work together!”

The rationale behind the Ottawa Group proposal stems from the need to improve transparency and strengthen resilience of critical supply chains during a public

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Swiss to Vote on Tougher Responsibility Proposal for Companies

For several months, orange flags printed with “Yes!” have hung from balconies across Switzerland, encouraging the public to vote Sunday in favor of an initiative to make Swiss companies liable for human rights violations and environmental damage committed by their subsidiaries abroad.

The proposal, which has been promoted by a coalition of over 130 civil society organizations, has been opposed both by businesses and the government, which say it goes too far and could hurt Swiss companies as they struggle with a slowdown linked to the coronavirus.

The initiative, if approved, would require companies to ensure that their subsidiaries and supply chains comply with U.N. human rights guidelines and a range of international environmental standards. They would also be required to publicly report on potential risks, like suppliers being unable to verify the safety of factory buildings or the use of child labor, and what measures are being taken to

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Moss Bros eyes store closures and move to turnover-based rents in CVA proposal

M

oss Bros has launched a Company Voluntary Arrangement proposal after lockdowns and restrictions on large gatherings had a “savage” impact on the menswear retailer.

The chain, which was founded in 1851 and is known for its suits, is pursuing the CVA to restructure its fixed cost base. The model is a way of seeking rent cuts, changes to leases, or closures.

Moss Bross is looking at potentially exiting up to 24 sites and moving a number of branches to a turnover-based rent model.

Moss Bros, which is led by Brian Bick and has 128 stores, had to close shops for Covid-19 lockdowns this year.

The company, which employs around 800 people, said it is in a “particularly challenged sub-sector” of the retail market. Demand for formalwear has been hurt as a result of the cancellation of events such as weddings and school proms.

Bick said prior to the

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Proposals for Bridgnorth garden village and Shifnal development remain unchanged in updated plan

An artist’s impression of what Tasley Garden Village could look like

The latest version of the document, published today, sees land in Tasley remaining the preferred option to deliver 1,050 homes and at least 16 hectares of employment land by 2038.

It also sees plans for the expansion of Shifnal, which include about 1,500 homes and 41 hectares of employment land, remain unchanged.

Proposals to release land from the green belt in both areas for business sites and potential development after 2038 is also set to be approved when the document goes before Shropshire Council’s cabinet on December 7.

However, a revised submission by Bradford Estates for green belt land at junction three of the M54 near Tong failed to win over planning officers, who have maintained their stance that the area is unsuitable for an employment site.

Eddie West, principal planning policy officer, said the two Bridgnorth garden village

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Mass. lawmakers push for higher tax deductions for business owners

This article first appeared on the Boston Business Journal’s website.

Under the Massachusetts Senate’s version of the state budget, some business owners could ultimately avoid the $10,000 cap on state and local tax deductions signed into law by President Donald Trump in 2017.

The question now is whether key lawmakers, Gov. Charlie Baker and the Massachusetts Department of Revenue (DOR) will go along with the tax relief.

The Senate’s version of the state budget, passed last week, directs the Department of Revenue to analyze the implications of allowing owners of pass-through businesses to avoid the cap, which was put into place by the federal Tax Cuts and Jobs Act. The cap disproportionately affects taxpayers in high-cost states like Massachusetts, since they are more likely to have state and local tax bills that total more than $10,000. The proposal would affect only the business owners, not other taxpayers.

Some states

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Australia CBD Market Report 2020: How Would the Recent Proposal to Change the Scheduling for CBD Affect your Business? – ResearchAndMarkets.com – Press Release

DUBLIN–(Business Wire)–The “Australia CBD Sector: How Would the Recent Proposal to Change the Scheduling for CBD Affect your Business?” report has been added to ResearchAndMarkets.com’s offering.

CBD is listed on the Controlled Drug Register in Australia, which means that it can’t be sold as a consumer product.

From June 2021, the Therapeutic Goods Administration has enabled access to such products through pharmacies, and without a prescription. This report provides a detailed overview of the current regulatory regime in place in Australia for these products, covering everything from the hemp plant itself to extracts and finished products.

A proposal has been put forward that would change the scheduling of CBD, which in turn has a number of consequences. If this, and the Australian market in general, interests you then this is the report for you.

It not only provides information on the current regulatory regime for hemp and CBD in Australia,

Read More

Proposal to allow business houses into banking a ‘good-looking’ step in ‘bad direction’: Kaushik Basu

The proposal might lead to crony capitalism and eventual financial instability, says the former chief economist of World Bank

The RBI working group’s proposal to allow corporate houses to set up banks is a ‘good-looking’ step in a ‘bad direction’ and may lead to crony capitalism and eventual financial instability, former chief economist of World Bank Kaushik Basu said on Thursday.

Mr. Basu further said that there is a good reason why all successful economies have a clear dividing line between industries and corporations on the one hand, and banks and lending organizations on the other.

“The proposal from the recently set up Internal Working Group of the Reserve Bank of India, allowing Indian corporate houses to own and run banks is a good-looking step in a bad direction,” he told PTI.

Mr. Basu, who was also chief economic adviser during the UPA period, said at first sight, this may

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Indiana cigarette tax proposal raises questions on spending

MUNSTER, Ind. (AP) — Indiana legislative leaders are willing to increase the state’s cigarette tax but say any measure must include specifics on how the new revenue will be used to improve public health.

Indiana’s 21.8% adult smoking rate is one of the highest in the nation, The (Northwest Indiana) Times reported. The Indiana Chamber of Commerce has recommended raising the cigarette tax by $2 per pack to $3.

“The pandemic has taught us that poor quality of health, unfortunately, has dire consequences, and we need to figure out ways to improve Hoosier health,” said House Speaker Todd Huston, a Republican of Fishers.

However, Huston said his experience as the former chairman of the budget-writing House Ways and Means Committee has taught him that while increasing the cigarette tax is likely to decrease smoking rates, it also will make the additional state revenue less reliable.

“The whole genesis of increasing

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