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WednesdayNov 18, 2020 4:20 am

420 with CNW — Senate Committees in Mexico Pass Marijuana Legalization Bills

During a joint hearing last week, several committees of the Mexican Senate provisionally approved a modified bill to legalize cannabis; a formal vote is scheduled for the coming week. The bill, which had been circulated in provisional form and was revised before the meetings, aims at establishing a controlled marijuana sector in Mexico. Additionally, adults aged 18 years and above would be allowed to grow up to four plants of cannabis for personal consumption as well as buy and possess a maximum of 28 grams of cannabis. The panels voted to waive an earlier version of the bill, which had…

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TuesdayNov 17, 2020 4:20 pm

420 with CNW — Recreational Marijuana Could Be Legally Available in Israel Within Nine Months

An inter-ministerial committee charged with studying how a recreational marijuana market can be established and regulated in Israel has concluded its four-month long process of weekly meetings. The committee has agreed that marijuana should be legalized for adult use in the country. If all goes as expected, recreational marijuana could be available to residents and tourists in by late next year. On Thursday, the committee handed its report to the country’s justice minister, after which he pledged that a draft legal memo was going to be written in the coming days for presentation to cabinet. Once the Cabinet approves that…

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TuesdayNov 17, 2020 4:20 am

420 with CNW — Senate Committee Wants Hemp THC Rule Changed

Earlier this week, senate appropriators released various reports and spending bills for fiscal year 2021 that have incorporated various provisions related to hemp and marijuana. Hemp contains no more than 0.3% THC, as defined under federal law. However, the USDA proposed a 0.5% negligence threshold, which means that farmers who have exceeded that limit would have to destroy their plants. The senate panel is calling for the agency to reconsider the policy, taking into account stakeholder feedback. A few other marijuana-related provisions that had appeared in previous reports and appropriation bills were also incorporated in the bills. Those included measures…

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MondayNov 16, 2020 4:20 pm

420 with CNW — Texas Legislators Pre-File Bills to Legalize Marijuana

Slightly more than a week after five states voted to legalize marijuana in some way, legislators in Texas have started pre-filing bills aimed at enacting marijuana reforms in the conservative U.S. state. In only two days, a total of 13 marijuana-related bills targeting the 2021 legislative session of Texas were pre-filed. One of those bills seeks to legalize the recreational use of cannabis by adults; another wants to decriminalize the possession of small amounts of marijuana and protect people who genuinely think they are in possession of hemp but are found with marijuana. Still a third is designed to put…

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MondayNov 16, 2020 3:30 pm

HempFusion Wellness Builds Reputation for Safety in the Global CBD Market, Aims to IPO on TSX Exchange

HempFusion Wellness, Inc. is a health and wellness company developing the power of whole-food hemp nutrition through more than 40 products currently on store shelves The company is focused on industry safety and quality standards through regulatory compliance, and is currently participating in a real world consumer study to establish the safety of daily cannabidiol (“CBD”) use in regard to liver function HempFusion has filed a preliminary prospectus for a planned initial public offering of its stock in Canada and a listing on the Toronto Stock Exchange Despite a reduction in hemp farm acreage this year following last year’s glut,…

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MondayNov 16, 2020 4:20 am

420 with CNW — Medical Marijuana May Be Future Treatment for Alcoholism

Research carried out by the School of Public Health and Social Policy at the University of Victoria along with the Canadian Institute for Substance Abuse Research revealed that people who used medical marijuana experienced a decline in their alcohol consumption. The study involved 1,000 medical marijuana patients in Canada and examined them on their habits, which included questions on their alcohol consumption. The study’s findings revealed a decline in alcohol use. The study asserted that marijuana can affect the use of other psychoactive substances, including illicit drugs, tobacco, alcohol and prescription medications. However, little research has been conducted that looks…

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FridayNov 13, 2020 4:20 pm

420 with CNW — What’s Next for Medical Marijuana After NJ Legalizes Recreational Pot?

A week ago, New Jersey legalized the sale of marijuana. The state has allowed the sale of medical marijuana since 2010 when the Compassionate Use Medical Marijuana Act was approved. Currently, upwards of 80,000 individuals in the state use marijuana to help alleviate or treat symptoms of various conditions, which range from epilepsy, cancer, nausea and pain to glaucoma and ALS. The state’s medical cannabis program is designed to help some individuals improve their quality of life and others to ease their last moments of life. However, there are those who are concerned that the legalization of recreational marijuana for…

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FridayNov 13, 2020 4:20 am

420 with CNW — Federal Marijuana Legalization Bill to Get Floor Vote in December

Steny Hoyer, a U.S. representative from Maryland and the House Majority Leader, wrote a letter to his colleagues providing details about the upcoming legislative session, slated to run November to December. That letter indicated that the long-awaited floor vote on federal marijuana legalization will happen, though he didn’t mention exactly when that’s likely to be during the brief session. In his letter, Hoyer explains that the House will vote on the MORE Act. This bill seeks not only to decriminalize marijuana but also to create a pathway for the expungement of nonviolent, marijuana-related convictions that have made it nearly impossible…

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ThursdayNov 12, 2020 4:20 pm

420 with CNW — Connecticut Governor Says Legalizing Pot Good for Public Health Amid Pandemic

With several states legalizing cannabis use, marijuana tourism has been on the rise. Cannabis tourism, or traveling across state lines to purchase and consume the infamous plant, attracts millions of visitors and dollars to states that allow recreational cannabis. However, with the coronavirus pandemic raging, traveling across state lines for cannabis may not be safe, says Connecticut Gov. Ned Lamont. In an interview with Yahoo Finance, Gov. Lamont said that legalizing cannabis amid the coronavirus crisis would be a big win for public health. With work-from-home and social-distancing measures in place to curb the spread of the virus, the last…

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ThursdayNov 12, 2020 2:37 pm

Gage Cannabis Prepares to Capitalize on Stunning Growth Within Michigan’s Cannabis Industry

Gage Cannabis, vertically integrated cannabis operator, has stated goals to become fastest-growing cannabis brand in state of Michigan Michigan’s cannabis industry has benefitted from strong growth momentum ever since state passed motion to legalize cannabis for adult recreational use in 2018; sector now valued at estimated $3 billion per annum at maturity Gage Cannabis currently has five retail locations across Michigan along with three wholly-owned cultivation centers all fully operational Company posted $13.1 million in 3Q2020 sales (unaudited), a 129% increase from its 1Q2020 figure of $5.8 million On December 4, 2018, Michigan officially became the 10th state in the…

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