October 2021 - CannabisNewsWire

FridayOct 29, 2021 4:20 pm

420 with CNW — FDA to Use Reddit to Gather Information on CBD, Other Cannabinoids

The Food and Drug Administration (“FDA”) recently announced that it planned to use different sources of data such as Reddit to better understand public health issues surrounding the use of cannabis derivatives, including delta-8 THC and CBD. In its published report, the FDA explained that it needed information about the potential adverse events and safety issues associated with FDA-regulated products, which include cannabis-derived products, commonly referred to as CDPs. The agency also revealed that it needed data on the general patterns of emerging trends and product use so that it could deploy its limited resources effectively and quickly. This comes…

FridayOct 29, 2021 1:48 pm

Flora Growth (FLGC) Receives Global Medical Cannabis Certification, Launches New CBD Brand

Flora Growth Corp. is an international cannabis consumer packaged goods distributor and cultivator based in Colombia that has built an ecosystem that will support market-leading innovation within categories that matter most to consumers exploring plant-based consumer goods. The company recently obtained the Good Agricultural and Collection Practices (“GACP”) certification from international certification agency and global leader in medical cannabis certification Control Union Medical Cannabis Standard (“CUMCS”) Flora Growth also just announced the launch of a new brand named Munzhi that will initially provide 12 CBD products for wellness, hair, body, and face benefits Flora Growth’s Colombian operations are already producing…

FridayOct 29, 2021 11:33 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Makes Strategic Additions to its Leadership; Completes Platinum Vape Management Transition

RWB appointed Chris Ecken as the new CFO effective October 2021 Ecken will lend over 25 years of experience from the alcohol beverage industry, helping RWB to shape sustainable long-term growth RWB also announced Colby De Zen’s appointment to its board of directors He will be integral to RWB’s move to close critical assets in Michigan and expedite expansions in Florida, California, Arizona, Illinois, Massachusetts and Oklahoma RWB also completed Platinum Vape LLC. (“PV”) management transition, with the addition of Shea Alderete, Joaquin Rodriguez and Craig Rosevear to its management RWB plans to bank on growing demand in Michigan and…

FridayOct 29, 2021 4:20 am

420 with CNW — Top IRS Official Reveals Cannabis Banking Reform Can Ease Tax Organization’s Work

Marijuana businesses have been unable to access financial services such as deposit accounts, cashless payments and loans since legal sales began in America. This is mostly due to the controversial plant's classification as a Schedule I controlled drug, and it has had wide-ranging consequences on both cannabis businesses and federal authorities. Players in the cannabis space are forced to transact on a cash-only basis, increasing their chances of robberies and making it difficult to account for and pay taxes. Furthermore, federal authorities, the IRS specifically, don't often receive taxes that are due, and when they do, it is usually in…

ThursdayOct 28, 2021 4:20 pm

420 with CNW — New Measure Will Give Scientists Access to Marijuana Dispensary Products

Last week, a group of federal legislators introduced the Medical Marijuana Research Act, which will eliminate barriers to carrying out research on cannabis. It will include permitting researchers to access marijuana from state-legal dispensaries. The measure was filed by Rep. Andy Harris, a prohibitionist, and Rep. Earl Blumenauer, a pro-legalization lawmaker. The bill will streamline the process for scientists to apply and gain approval to conduct research on marijuana. In a recent interview, Blumenauer stated that federal legislations were still constraining researchers’ ability to study the various health benefits provided by marijuana, despite the fact that a majority of individuals…

ThursdayOct 28, 2021 11:05 am

Leading B2B CWCBExpo to Bring Together Cannabis and Hemp Professionals to Discuss Industry Challenges and Opportunities

Date: November 4-6th 2021 Venue: Javits Convention Center, Hall 3A, New York City, NY The Cannabis World Congress & Business Exposition (CWCBExpo) will take place November 4-6, 2021, at the Javits Convention Center, Hall 3A, in New York City. Industry leaders and innovators will take the stage to educate and discuss the cannabis and hemp industry. This three-day event will feature an Inside the Industry: Thought Leadership Series in an interactive “Talk Show” format led by Geoff Whaling, Chair of the National Hemp Association and Matthew Anderson, Founder & CEO of Vanguard Scientific with a different theme each day. Day…

ThursdayOct 28, 2021 4:20 am

420 with CNW — Why CBD Is Viable Treatment for Skin Inflammation

Cannabidiol, or CBD, is one of the two common compounds found in marijuana, the other being THC. Unlike THC, which is a psychoactive compound, CBD is a nonpsychoactive compound. These compounds can be derived directly from the hemp plant or manufactured in a lab. Research has shown that CBD holds the potential for the treatment of various conditions, including post-traumatic stress disorder, depression and anxiety. It also possesses anti-inflammatory and antibacterial properties, which can help control various skin issues that commonly affect skin. Its anti-inflammatory properties in particular can be used to treat different skin illnesses. Some consumers prefer using…

WednesdayOct 27, 2021 4:20 pm

420 with CNW — Follow These Expert Suggestions When Sourcing CBD Oil

CBD was legalized in 2018 when the farm bill allowed the cultivation and sale of industrial hemp and its derivatives. Soon after, the hemp extract was enjoying growing popularity as people flocked to buy products such as CBD oil and gummies, partly due to its purported medical benefits. However, the industry is barely regulated by the federal government, and this has allowed some dishonest sellers to slip in and sell subpar and even contaminated CBD oil. The next time you want to buy CBD oil, keep the following tips in mind to ensure you do not end up with a…

WednesdayOct 27, 2021 4:20 am

420 with CNW — What You Should Know About Marijuana-Infused Drinks, Dosages

The popularity of cannabis and cannabis products has increased significantly in the last few years as more states legalize the herb for various uses. This has also led to the introduction of new cannabis products into the market, including cannabis-infused beverages, which exist in different forms such as kombuchas, tonics, cocktails, juice-based drinks, flavored seltzers and sparkling waters. Consumers who haven’t tried beverages infused with cannabinoids such as THC and CBD are often not sure what dosage may work for them. Most beverages that contain THC, which is a psychoactive cannabinoid, have varying dosages that can range between 2 mg…

TuesdayOct 26, 2021 4:20 pm

420 with CNW — California Cannabis Seizures Skyrocket Despite Legalization

The illicit cannabis market has proven to be quite resilient. Although the assumption had been that once states start legalizing the controversial plant, consumers would ditch the black market for legal pot, that’s not how things have turned out. Years after recreational cannabis was first legalized, the black market still vastly outsells America’s state-legal marijuana industry. In California, for instance, the illicit market is estimated to generate $8 billion per year while the legal market makes around $4.4 billion annually. As such, authorities in California, which features the most lucrative cannabis industry in the country, have stepped up their efforts…