July 2020 - Page 5 of 6 - CannabisNewsWire

WednesdayJul 08, 2020 4:20 am

420 with CNW – Lawmakers in Virginia Reveal Plans to Legalize Cannabis

As of July 1, 2020, Virginia’s marijuana decriminalization policy officially came into effect, making the Commonwealth of Virginia the 27th state to enact such a policy change. This came a month after Gov. Ralph Northam signed a bill that would make possession of up to one ounce of cannabis punishable by a $25 fine with no threat of jail time and no criminal record. Prior to this policy change, simple possession was punishable by a maximum $500 fine, up to 30 days in jail and a criminal record. And just a day after the marijuana decriminalization law took effect, Virginian…

TuesdayJul 07, 2020 4:20 pm

420 with CNW – Congressional Committee Approves Measure Allowing Marijuana Users to Reenlist in the Military

Although plenty of states have now legalized medical and recreational marijuana in various forms, it still carries a lot of stigma. Most employers are uncomfortable with employees consuming cannabis, even during non-work hours, and plenty of sports organizations do not allow their athletes to use marijuana. The military has a harsh stance on marijuana too, and veterans who admit to using marijuana even in a legal state can be barred from reenlisting. A measure introduced two years in a row by Rep. Ruben Gallego and approved by a Congressional Committee would help resolve the issue. The measure would allow heads…

TuesdayJul 07, 2020 2:29 pm

Sugarmade Inc. (SGMD) Capitalizing on Steep Increase in Cannabis Space, Strengthening Diverse Portfolio

SGMD offers diversified portfolio across various industries, including cannabis and industrial hemp Cannabis sales have increased during pandemic; social distancing hampers in-store sales, so delivery seeing increased volumes SGMD capitalizing on growing relevance of cannabis delivery with its BudCars delivery service Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct supply company crossing various industries, is focused on developing a diversified brand portfolio and revenue growth through strategic acquisitions. SGMD’s most recent acquisition, BudCars Cannabis Delivery Service has been a particularly strong move for the company as it strengthens its position in the growing hemp market. Declared essential in nearly all of the…

TuesdayJul 07, 2020 4:20 am

420 with CNW – It’s Official: Austin PD Stops Misdemeanor Marijuana Arrests and Citations

On July 2, the Austin Police Department in Texas officially stopped arresting and issuing citations for marijuana possession. This decision was communicated in an internal memo from Brain Manley, the department chief. The internal memo categorically states that the police officers in Austin, Texas will no longer be required to cite or arrest suspects in cases when an officer determines that a suspect has committed misdemeanor marijuana possession cases identified as Class A or Class B offenses. However, the person can still be arrested or be subjected to other law enforcement actions if the misdemeanor marijuana possession offense is committed…

MondayJul 06, 2020 4:20 pm

420 with CNW – Congress Passes Bill Granting Researchers Access to Commercially Available Marijuana

Last week, the U.S. House of Representatives approved a bill aimed at allowing researchers to have access to the marijuana available commercially in states where legal recreational, and/or medical marijuana programs exist. This new legislation would mark a major shift from the current practice where researchers can only use the cannabis supplied by a federally licensed manufacturer in Mississippi. The primary goal of the marijuana provision, which is found deeply embedded in an infrastructure bill detailed in a more than 2,000-page document, is to make it possible for marijuana products to be transported and distributed across state lines, including in…

MondayJul 06, 2020 4:20 am

420 with CNW – How Marijuana Entrepreneurs Can Navigate Instagram

If you have been in the cannabis industry for a year or so, you may have noticed that the accounts of marijuana companies on different social media platforms, such as Instagram, keep getting shut down from time to time. Here are some handy tips to help you navigate the Instagram rules to prevent the accounts of your cannabis business from being brought down. Give the Appeals Process Time It is important that you file an appeal as soon as the Instagram account of your weed business is shut down. If need be, file several appeals each day and your account…

ThursdayJul 02, 2020 4:20 pm

420 with CNW – Survey Shows That Canadians Aren’t Moved by Cannabis Branding

A survey published by Brightfield Group has found that the majority of Canadians are unable to tell pot brands apart despite the resources that these companies have put into marketing. About 3,000 Canadians were polled during the first quarter of this year. The overwhelming finding of the survey was that brand awareness was woefully low among Canadians, and that they suffered from “decision fatigue” as a result of being faced with so many brands to choose from when they visit a cannabis retail outlet. Approximately 41% of Canadians said they were aware of Tweed, a brand from Canopy Growth Corp.…

ThursdayJul 02, 2020 10:15 am

SinglePoint Inc. (SING) Set to Capitalize on Burgeoning Sustainable Hemp Industry

Hemp emerging as a versatile, sustainable alternative that is easily grown with minimal water, without pesticides SING leveraging growth in hemp industry through 1606 Hemp, Klen subsidiaries 1606 Hemp achieved 133% increase in quarterly sales growth with expected $5.5 million in annual sales revenue per 1,000 active accounts With hemp making headlines for its versatility and sustainability in the production of many biodegradable materials, SinglePoint (OTCQB: SING), a diversified holding company with operations in multiple industries and verticals, is leveraging this trend with multiple subsidiary businesses in this hypergrowth industry. Along with its 1606 Hemp combustible hemp cigarette brand and…

ThursdayJul 02, 2020 4:20 am

420 with CNW – Colorado Governor Signs Bill Allowing Expedited Pardons for Marijuana Possession Convicts

On Monday this week, Gov. Jared Polis signed a bill which will promote social equity in Colorado’s marijuana industry. Under this law, the governor will also have the power to grant pardons to people convicted for marijuana possession before legalization took place. Previously, the governor was required to consult the judge and state prosecutors involved in each case before granting a pardon. Gov. Jared Polis (D) signed this new bill during a ceremony held at one of the minority-owned businesses in Denver. The new law is important because it provides a state-wide definition of what business is to be regarded…

WednesdayJul 01, 2020 4:20 pm

420 with CNW – How Existing Laws Are Making Cannabis Research Difficult

Cornell University secured a $4 million grant from the New York State government to conduct cannabis research soon after hemp pilot programs were established under the 2014 Farm Bill. However, the challenges that these Cornell researchers are facing are typical of what other cannabis researchers are going through as explored below. The Problematic Legal Definition of Hemp Currently, the difference between industrial hemp and marijuana is a legal one rather than a botanical one. By law, hemp is cannabis whose THC content doesn’t exceed 0.3% while marijuana is cannabis whose THC content is more than 0.3% on a dry weight…