August 2022 - Page 2 of 7 - CannabisNewsWire

FridayAug 26, 2022 11:15 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Drug Development Program and Recent FDA Confirmation Position It for Favorable Valuation

Lexaria is a global innovator of drug delivery platforms, including its patented DehydraTECH(TM) technology The company recently released information that would help its stakeholders research and understand how biotech and pharmaceutical companies are valued Based on some of the methodologies used in valuation, Lexaria is positioned favorably as its DehydraTECH-processed CBD for the treatment of hypertension has successfully reached the IND application stage, with the program recently receiving an additional boost The FDA agreed with Lexaria’s proposal to pursue a 505(b)(2) new drug application (“NDA”) regulatory pathway, an abbreviated pathway, for its hypertension program As a follow-up to recent coverage…

FridayAug 26, 2022 4:20 am

420 with CNW — Mothers in Indonesia Fight for Their Children to Have Access to Medical Cannabis

Medical cannabis has been found to be a viable treatment for a wide variety of medical conditions in recent years. Studies have revealed that the plant can be effective against health issues such as chronic pain, anxiety, insomnia and depression. Furthermore, the US Food and Drug Administration has approved the use of a CBD-based drug called Epidiolex to treat seizures in pediatric epilepsy. In Indonesia, a group of mothers is fighting to get their children access to cannabis, a plant they say could alleviate the pain caused by illnesses such as cerebral palsy. Pika Sasi Kirana was diagnosed with cerebral…

ThursdayAug 25, 2022 4:20 pm

420 with CNW — Uncertainty Grows Over When Germany Will Legalize Marijuana

Germany has spent the past couple of months mulling over whether or not it should legalize cannabis, a move that would potentially turn the country into the world’s largest market for legal cannabis. With Germany’s left-liberal government pushing on with plans to legalize adult-use cannabis in the country, the coalition government has undertaken a series of public hearings with cannabis growers, economists and health experts to help inform the legalization process. If Germany chooses to legalize recreational cannabis, the move could put pressure on its neighbors to follow its lead and create enough momentum to change the UN convention barring…

ThursdayAug 25, 2022 4:20 am

420 with CNW — Gallup Poll Finds Americans Think Cannabis Better than Alcohol for Society

Consecutive surveys over the past couple of years have revealed that attitudes toward cannabis have been steadily shifting toward the positive. After decades of criminalization, over policing, harsh sentencing and anti-cannabis propaganda, a large swathe of the population believed cannabis was just as dangerous as hard-core drugs such as cocaine and heroin. But as cannabis reform has swept over the country for the past two decades, consumers have been increasingly inclined to shed their preconceived notions about cannabis. This is largely due to the fact that studies have shown that the controversial plant has a wide range of medical applications.…

WednesdayAug 24, 2022 4:20 pm

420 with CNW — YouGov Survey Finds 20% of Americans Have Changed Stance on Drug Policy

A new survey by YouGov has revealed that public opinion on drug policy seems to be in line with the changing legal landscape. With dozens of states now allowing recreational and medical cannabis use, a majority of Americans have access to some kind of cannabis product. The YouGov poll found that two in five Americans have changed their views on drug policy, shifting their attitudes in a more liberal direction amid sweeping cannabis reform. The poll questioned respondents on a variety of topics, asking whether they had changed their minds on some issues, how their political views had changed, and…

WednesdayAug 24, 2022 4:20 am

420 with CNW — Former Cannabis Regulators Want 10 Social-Equity Provisions Included in Marijuana Banking Bill

Most, if not all, state cannabis legalization bills contained social-equity provisions designed to reinvest in communities that had been disproportionately harmed by the war on drugs. These social-equity provisions would fund a variety of community-based programs to aid communities of color in a variety of facets and make it easier for people who were directly or indirectly affected by the drug war to break into the cannabis industry. As the end of Congress approaches, policymakers, cannabis reform advocates and industry stakeholders are hoping to pass some kind of cannabis legislation before January, even if they have to compromise in some…

TuesdayAug 23, 2022 4:20 pm

420 with CNW — North Dakota Officials Confirm Marijuana Legalization Question Will Be on November Ballot

This coming November, voters in North Dakota will have the chance to decide on whether to legalize cannabis at the ballot. The office of the Secretary of State, Al Jaeger, approved the initiative earlier this week, certifying that all requirements to put the proposal before voters had been met. Activists began to collect signatures for the measure, dubbed New Approach ND, in April. In total, the group collected more than 26,000 submissions, which was more than was required. The initiative’s provisions are similar to the House-approved legalization measure that was rejected by the Senate. This measure will allow individuals aged…

TuesdayAug 23, 2022 4:25 am

420 with CNW — New York to Start Receiving Social Equity Cannabis Business Applications

One thing most experts agree on is that the war on drugs was a failure, leading to the incarceration of tens of thousands of people on minor drug charges and decimating communities of color. As such, most state marijuana legalization bills contain social equity provisions that are meant to reinvest in these historically disadvantaged and overpoliced communities. New York, which legalized recreational cannabis in early 2021, is set to start receiving applications for social equity retail licenses. State officials recently announced that the license application period will last from Aug. 25, 2022, to Sept. 26, 2022, with Albany TV station…

MondayAug 22, 2022 4:20 pm

420 with CNW — How Brands in the Marijuana Market Can Drive Innovation

In the recent past, we have seen the rapid increase in personal wellness products and growing public health concerns create more proactive and health-conscious consumers. New market research shows that 70% of consumers purchase certain food products that have functional benefits to support their physical and mental well-being. As more individuals begin prioritizing their health, the marijuana industry is afforded the opportunity to develop formulations that cater to these varied and evolving consumer preferences. Brands involved in the space can now create products that showcase the plant’s numerous applications by harnessing the power of minor cannabinoids and less popular terpenes…

MondayAug 22, 2022 4:20 am

420 with CWN — Four Recent Medical Marijuana Studies Worth Knowing About

A significant amount of research has been conducted in the medical marijuana field these last few years, revealing much about how the drug can be used in the management of various conditions. Below is an outline of some new studies on the use of cannabis and cannabis compounds, such as CBD, in the treatment of various conditions, including multiple sclerosis, coronavirus and fibromyalgia. Use of CBD as potential coronavirus treatment Figures from the World Health Organization (WHO) show that the coronavirus has caused more than 6.4 million deaths and more th an 210 million infections globally over the last two…