January 2022 - CannabisNewsWire

MondayJan 31, 2022 4:20 pm

420 with CNW — Study Finds That Marijuana Legalization in Europe Doesn’t Increase Underage Usage

Marijuana is the most used illicit substance globally, with roughly 90 million individuals in Europe alone having used the drug once in their lifetime. Recently, scientists from the Karolinska Institute in Stockholm conducted a study to determine whether changes in marijuana laws led to an increase in the recreational use of the herb by young adults and adolescents. They found no evidence to support the claim that the legalization of marijuana causes an increase in the use of marijuana in individuals aged 15 to 34. Critics of marijuana legalization often argue that allowing the legal and free access of the…

MondayJan 31, 2022 12:39 pm

Lexaria Bioscience Corp. (NASDAQ: LEXX) CEO Offers a Glimpse into Company’s Unique Technology and Operations on EDGE Podcast

Chris Bunka, the Chairman and CEO of Lexaria, featured on the EDGE podcast hosted by Brandon C. White He provided insight into his background, professional philosophies, and Lexaria’s operations, with a focus on the company’s patented DehydraTECH(TM) technology Mr. Bunka also advised small companies and entrepreneurs, citing the importance of understanding the competitive environment Chris Bunka, the Chairman and Chief Executive Officer (“CEO”) of Lexaria Bioscience (NASDAQ: LEXX), was recently featured on episode 234 of the EDGE Podcast. Hosted by Brandon C. White, an Angel Investor and Entrepreneur, Mr. Bunka shared insights into his professional journey while also sharing what…

MondayJan 31, 2022 11:58 am

Sugarmade Inc. (SGMD) Watching Growing Support for Federal Cannabis Reform

NLR reports that bipartisan support for cannabis policies could reshape federal enforcement, set the stage for further state legalization GOP sponsorship of bills could mean greater likelihood of success SGMD’s strategic plan is centered on expanding end-market access as a central player in the growing California cannabis delivery marketplace As 2021 wound to a close, indications of bipartisan support for federal cannabis reform raised the hope that legislative progress may be made on the federal level in the coming year (https://cnw.fm/7FdWD). Companies operating in the cannabis space, including Sugarmade (OTC: SGMD), are watching closely to see if that hope is…

MondayJan 31, 2022 4:20 am

420 with CNW — How Cannabis Cultivators Are Reducing Plastics Use in Their Operations

For quite a while, cannabis cultivators relied on plastic in their operations. Despite being colloquially known as “weed,” high-quality cannabis requires specific conditions during certain growth periods for maximum growth. In the past, hemp and cannabis cultivators, especially those that employed outdoor grows, have used plastics to fight weeds, pot plants, and construct trellises. Many of them are now turning away from plastics in favor of ecofriendly alternatives. Plastics now permeate nearly every facet of the environment. A new report from the United Nations Food Agriculture Organization shows that microplastics aren’t just choking our oceans and seas, they are in…

FridayJan 28, 2022 4:20 pm

420 with CNW — State of the State Addresses Full of Praise for Marijuana Programs

Governors from different states in the country have been proclaiming their cannabis reform plans and accomplishments as part of their annual budget requests and State of the State speeches. The proposals and statements from state executives show how marijuana has grown more mainstream, as its being discussed in venues alongside infrastructure, education and taxes. Below are some of the things governors said about cannabis in 2022. South Dakota Gov. Kristi Noem of South Dakota is focused on the proper implementation of the state’s medical marijuana program, which was recently launched. In an interview, Noem stated that she was focused on…

FridayJan 28, 2022 10:00 am

Flora Growth Corp. (NASDAQ: FLGC) Names Cannabis Pioneer as Colombian Facility Advisor as Company Prepares for International Growth

Canada-based Flora Growth Corp. operates cannabis cultivation and extraction processes in-house at its Cosechemos lab and growth facility in central Colombia The company has been building a portfolio of cannabis and wellness products and obtaining a variety of licenses and GMP certifications as it establishes partnerships to economically distribute its portfolio worldwide Flora Growth recently announced the addition of pioneering cannabis genetics innovator Derek Pedro in an advisory role for its Cosechemos facility Pedro will help the company build on its more-than-190 product offerings with cannabis flower cultivation and distribution Cannabis cultivator and worldwide cannabidiol (“CBD”) brand builder Flora Growth…

FridayJan 28, 2022 4:20 am

420 with CNW — One Year On, Advocates Say Biden Hasn’t Acted on Marijuana Promises

President Joseph Biden won office on a mostly progressive platform; he wanted to completely electrify the country’s transport sector and pass modest cannabis reform. Although most drug reform activists would much rather prefer more comprehensive reform, Biden was able to beat former President Donald Trump and take office. Since then, Biden has invested a significant amount of time working on an infrastructure bill that would, among other things, build a public network of charging stations. However, a year after the Democrats clinched the Senate, House and White House, cannabis reform advocates say Biden still hasn’t acted on any of his…

ThursdayJan 27, 2022 4:20 pm

420 with CNW — What the Recreational Marijuana Industry Can Learn from the Tobacco Industry

The recreational marijuana space has grown significantly these past few years. Given its growth rate, however, it’s easy to wonder if there are things that may hinder it from progressing further. To find possible obstructions for this burgeoning industry, one only needs to look at the tobacco industry. Despite the fact that marijuana hasn’t been legalized federally, there are plenty of similarities between the businesses and companies in the tobacco industry and those involved in the recreational marijuana industry. For the legal marijuana industry to continue growing, it is important that the sector doesn’t repeat the same mistakes the tobacco…

ThursdayJan 27, 2022 11:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Emphasizes Oral Cannabinoid Delivery Benefits Following SARS-CoV-2 Study

The study is available for public viewing and is entitled “Cannabinoids Block Cellular Entry of SARS-CoV-2 and the Emerging Variants” (https://cnw.fm/Aq36i) Dr. Richard van Breeman, who headed the independent study, explained that smoking and vaping cannabinoids are ineffective against preventing SARS-CoV-2, whereas oral delivery methods are effective Lexaria has been studying and researching the oral delivery of compounds using its patented DehydraTECH(TM) technology, which enhances bioavailability and absorption, requiring less heat than smoking or vaping and leaving the cannabinoid compounds undamaged Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, commented on an independent January 10 study headed…

ThursdayJan 27, 2022 10:30 am

Sugarmade Inc.’s (SGMD) Progress in 2021 Leads to Strong Position in Growing Cannabis Space Sugarmade Inc.’s (SGMD) Progress in 2021 Leads to Strong Position in Growing Cannabis Space

NA legal cannabis market size projected to grow at CAGR of 16.6% from 2022 to 2028 More than 3,500 peer-reviewed scientific papers studying cannabis were published in 2020 alone SGMD reaches key objectives, seeing key growth in 2021 After a year of impressive progress and growth, Sugarmade (OTC: SGMD) has established an enviable position in the legal cannabis market, a sector that is expected to see an estimated 16.6% growth in the coming years (https://cnw.fm/jxVvI). “The North America legal cannabis market size was valued at USD 12.4 billion in 2021 and is projected to grow at a compound annual growth rate…

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Month: January 2022