October 2020 - Page 4 of 7 - CannabisNewsWire

ThursdayOct 15, 2020 4:20 am

420 with CNW – Mississippi Governor Enacts Bill Allowing FDA-Approved Cannabis Medicines

Barely weeks before voters in Mississippi decide which of the competing medical marijuana initiatives before them will pass, the state governor has signed a bill that will allow FDA-approved medical cannabis products, such as Epidiolex, to be available to qualifying patients in the state. By enacting this new law, Gov. Tate Reeves (R) has complicated the subject of medical marijuana legalization a little more. For starters, the governor has been opposed to any plan to legalize medical marijuana in the state. To him, such a step would make marijuana a mainstream product, and that is a possibility he is unwilling…

WednesdayOct 14, 2020 4:20 pm

420 with CNW – How Tech Could Change How You Use Medical Cannabis

Over the years, attitudes towards cannabis have been changing for the better. Although federal law still considers cannabis a controlled substance, 33 states have legalized the medical use of cannabis within their borders. While there isn’t a lot of research to back cannabis’s medical abilities, preliminary findings have found that cannabis can be effective at reducing chronic pain, stress, and anxiety, regulating and preventing diabetes, and regulating seizures caused by pediatric epilepsy. The cannabis industry has become known for its innovation, both in consumer products as well as in cultivation. Today, cannabis is more potent and it can be consumed…

WednesdayOct 14, 2020 1:14 pm

Pure Extract Technologies Inc. Leveraging Growing Popularity of Medicinal Mushrooms in Mainstream Medicine

Scientific research suggests some mushrooms can provide mental benefits, anti-tumor effects, improved immune function, anti-viral properties and detoxification “Psychedelic” varieties currently being studied for depression, anxiety, PTSD, bipolar disorder, Alzheimer’s disease, addiction Pure Extracts is expanding into functional mushroom market; Company is currently licensed by Health Canada to buy, sell, produce cannabis products Mushrooms have been used for thousands of years in Eastern medicine to combat illness, increase mental cognition and improve digestion. As their popularity continues to increase worldwide, Pure Extract Technologies, a privately held, plant-based, Canadian extraction company is leveraging the growing acceptance by mainstream science and the…

WednesdayOct 14, 2020 11:22 am

Gage Cannabis Co. is “One to Watch”

Gage Cannabis is one of the leading vertically integrated operators in the cannabis industry Its current focus is the Michigan market, which is valued at an estimated $3 billion and recorded $109 million in cannabis sales in August 2020 The company currently has five dispensaries across Michigan, with the potential to have 90% of the state’s population within a one-hour drive as it continues to expand its dispensary network, offering a wide range of products and even home delivery options Gage is planning to expand its cultivation site in Monitor Township and open an additional 3-4 provisioning centers (dispensaries) in…

WednesdayOct 14, 2020 4:20 am

420 with CNW – The US Government Now Supports Globally Rescheduling Marijuana

According to news coming in from last Thursday’s Vienna meeting of the UN Commission on Narcotic Drugs, the U.S. federal government supports a recommendation by the World Health Organization to remove marijuana from category IV, the strictest category, of globally controlled substances. Patt Prugh, an attorney advisor at the United States State Department, spoke on behalf of the U.S. government during that meeting. While supporting marijuana rescheduling, she spoke vehemently against a proposal to remove cannabidiol from international substance control treaties. She argued that making those proposed reforms would create legal loopholes and ambiguities which could potentially compromise the effective…

TuesdayOct 13, 2020 4:20 pm

420 with CNW – Michigan Plans to Ease Access to the Recreational Cannabis Market Next Year

In an effort to curb black-market sales, Michigan is planning to ease access to the recreational cannabis market next year. In March, Michigan will remove a prerequisite that was included with good intentions but has unintentionally complicated the fight against unlicensed, black market cannabis, the state Marijuana Regulatory Agency announced. From March next year, certain licensed recreational marijuana businesses will no longer be required to first hold a medical license. Retailers, processors, transporters, safety labs, class B, and class C growers will be subject to lower license fees should they wish to grow, sell, test, or transport recreational marijuana. Most…

TuesdayOct 13, 2020 12:33 pm

Join the CanMar Global Conference & Expo October 23-25 2020

CanMar Recruitment, Canada’s top staffing and business solutions provider for the cannabis industry, is excited to host the 3-day virtual CanMar Global Conference & Expo on October 23-25, 2020. Open to businesses, entrepreneurs, investors, and job seekers, the CanMar Global Conference & Expo will bring together the cannabis community worldwide for professional networking, education, career and development opportunities. Join CanMar Recruitment in collaboration with our partners; Benzinga Capital Conference, Cannabis Newswire, Cannabis Prospect Magazine, Marigold Marketing & PR, Grow Opportunity, The Green Fund, ACMLA, Green Flower, Cannalist EU and more for this powerhouse global event. “Together with our partners we…

TuesdayOct 13, 2020 4:20 am

420 with CNW – Top Arguments for Legalizing Marijuana Sales and Consumption

For the past couple of years, attitudes towards cannabis have been on the mend. Although the controversial plant is still considered illegal at the federal level, over 30 states have legalized it to varying degrees. Renowned for a long time due to its psychoactive abilities, cannabis is increasingly being considered medicinal, with plenty of people using it to help manage conditions like chronic pain in lieu of pharmaceuticals. We are still a long way from federal decriminalization, though. Cannabis reform activists have been working hard to convince the masses of the benefits of legalizing cannabis. The following are some of…

MondayOct 12, 2020 4:20 pm

420 with CNW – Illinois Marijuana Sales Still Surging, Data Shows

Months into the coronavirus pandemic, the state-legal cannabis industry is still going strong. Although the pandemic forced many industries to shut down, resulting in the loss of millions of jobs, the cannabis industry has fared quite well despite the economic crisis. Most states have seen increased cannabis sales month over month, with some even calling the industry ‘recession-proof’. One such state is Illinois, which has seen record-breaking marijuana sales for the fifth time in a row. In September, consumers purchased more than 1.4 million marijuana products worth nearly $67 million, with almost $18 million of those sales coming from out-of-state…

MondayOct 12, 2020 2:13 pm

Pure Extract Technologies Awarded Standard Processing License by Health Canada, Eyes Expansion Plans

Pure Extract Technologies has been awarded Standard Processing License by Health Canada The license will enable the Company to produce, sell cannabis & hemp products to other Licenced Producers in its purpose-built facility located near Whistler, Canada Canada’s ability to export worldwide coupled with Company’s EU-GMP compliant facility makes Pure Extracts a natural partner for companies involved within international distribution Pure Extract Technologies, a privately held British Columbia-domiciled plant extraction company, announced that it had been awarded a Standard Processing Licence by Health Canada under the Cannabis Act, following an extensive and meticulous five-month application and vetting process (https://cnw.fm/0Eu0d). Pure Extracts…