October 2022 - CannabisNewsWire

MondayOct 31, 2022 4:20 pm

420 with CNW — Marijuana Could Become Legal in These Five States After Midterms

The recreational use of cannabis could be legal in one-half of America if the states with marijuana measures on their ballots approve them in November. The states of North Dakota, South Dakota, Missouri, Maryland and Arkansas have proposals on their ballots for their voters to consider legalizing the recreational use of cannabis. If approved, these states would join the District of Columbia and 19 other states that have legalized recreational marijuana. It has been 10 years since Washington, DC, and Colorado legalized recreational marijuana. Since then, prohibition has reduced across the nation, in smaller rural states such as Vermont and…

MondayOct 31, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Moves to Address Adverse Effects of Hypertension with DehydraTECH(TM) – CBD

Lexaria is a drug delivery technology company developing DehydraTECH-CBD as a prospective registered treatment for hypertension and potentially other disease states beyond hypertension The company has undertaken multiple de-risking hypertension studies that have not only evidenced that DehydraTECH-CBD is safe and well tolerated, but have also shown that it reduces blood pressure and arterial stiffness Hypertension is a leading contributor to deaths in the United States, damaging organs such as the heart, brain, and kidneys, yet only a tiny proportion of patients have it under control Hypertension, an area of interest and focus for drug delivery technology company Lexaria Bioscience…

MondayOct 31, 2022 4:20 am

420 with CNW — AMA Poll Finds 67% Support Congressional Action on Cannabis Banking

A new opinion poll commissioned by the American Bankers Association has found that two out of every three Americans would like Congress to approve a law allowing state-legal cannabis companies to have access to traditional banking services, including access to loans and checking accounts. This survey was focused on two questions. First, the poll wanted to know whether Americans felt cannabis businesses licensed in states with legal cannabis markets should be in position to get access to basic banking services. The second question sought the opinion of respondents regarding whether or not Congress needs to act on cannabis banking reform.…

FridayOct 28, 2022 4:20 pm

420 with CNW — DC Mayor Enacts Measure Allowing Patients to Self-Certify as Medical Cannabis Patients

Dozens of states in the United States have now legalized medical cannabis use. In most of these territories, qualifying patients have to receive a recommendation from their doctors before accessing medical marijuana. In Washington, DC, however, patients will now be able to certify themselves as medical cannabis patients without a physician's recommendation after the mayor recently signed emergency legislation into law. The district council approved the measure unanimously last week in a 13-0 vote. The emergency bill effectively allows the council to work around a congressional rider that forbids DC from using federal dollars to launch a recreational cannabis market.…

FridayOct 28, 2022 4:20 am

420 with CNW — DC Legislative Committee Approves Reform Bill Eliminating Cannabis Business Licensing Caps

Lawmakers in Washington, DC, recently passed a medical cannabis reform bill that could bring numerous changes to the district’s cannabis policy if enacted into law. This bill removes caps on the number of medical cannabis business licenses that can be issued, creates new classes of cannabis business licenses and promotes social equity within the industry. This bill was unanimously supported and approved in the Committee on the Judiciary and Public Safety. In its current state, the bill will also make permanent a temporary law previously signed by the mayor allowing adults who are at least 21 years old to self-certify…

ThursdayOct 27, 2022 4:20 pm

420 with CNW — U.S. Federal Court Rules Against Border Patrol Attempts to Prevent Cannabis Equipment Imports

Last week, the U.S. Court of International Trade rejected an attempt made by the U.S. Customs and Border Protection (CBP) to block the import of cannabis trimming equipment into a state that has legalized marijuana. The federal court made a similar ruling last month in a different case where it upheld the right to import trimming technology from a company to a business in Washington, DC, after customs impeded the transfer. This ruling set a new precedent that will allow the company in question, Keirton, to bring in equipment to use in separating leaves from cannabis plants. The CBP falls…

ThursdayOct 27, 2022 4:20 am

420 with CNW — Young Adults, Women Are Driving Marijuana Use Increase

New federal data shows that users of marijuana may soon be a majority among young adults in cannabis-friendly states across the country. In states such as Oregon and Colorado, cannabis patrons are nearing majorities, given that these particular states have had legal markets for years now. Data from Vermont also shows that young marijuana users outnumber nonusers. The state fully legalized the recreational use of cannabis earlier this month. Federal data also shows that more than two-fifths of young women and men across the country now use marijuana at least occasionally. This is significantly different from the trend observed 10…

WednesdayOct 26, 2022 4:20 pm

420 with CNW — Marijuana Legalization in Maryland Could Complicate Sniffer Dogs’ Work

Next month, voters in Maryland will have an opportunity to legalize recreational marijuana in the state by supporting an initiative that seeks to amend the constitution of the state with regard to cannabis prohibition. If the measure passes, police dogs trained to detect different drugs, including marijuana, will suddenly be required to shift their focus to other tasks in their job description. The sniffer dogs usually undergo training in a wide variety of roles. For example, they can track people, conduct physical apprehensions of suspects and identify guns as well as detect a variety of illicit substances such as fentanyl,…

WednesdayOct 26, 2022 9:00 am

Advanced Container Technologies Inc. (ACTX) Offers Growing Solution in Industry Seeing Key Government Support

California governor signs 10 cannabis-related bills into law Bills intended to “strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition” ACTX’s Grow Pods offer unmatched control, are capturing a great deal of attention in the cannabis and hemp space As California Gavin Newsom signed 10 cannabis-related legislative bills into law — all in one day (https://cnw.fm/5DJ1m) — companies operating in the cannabis space, including Advanced Container Technologies (OTC: ACTX), look forward to the impact this government support may have on their success. The governor signed bills designed to expand the legal cannabis market…

WednesdayOct 26, 2022 4:20 am

420 with CNW — Major League Baseball Inks Sponsorship Deal with CBD Firm

In June, the MLB announced that clubs were permitted to form sponsorships with CBD companies that were certified for sport by the National Science Foundation. This foundation is an institution that approves standards for products used by athletes. Recently, Major League Baseball entered into a sponsorship deal with Charlotte’s Web Holdings Inc. This comes after the league removed CBD from its list of banned substances in 2019, making it the first sports league in the United States to do so. CBD (cannabidiol) is one of the two primary compounds found in marijuana, the other being THC. Unlike THC, however, this…

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Month: October 2022