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TuesdayMar 14, 2023 4:20 pm

420 with CNW — California Kickstarts $20M Grant Initiative to Boost Marijuana Retail Sales

California’s Cannabis Control Department (DCC) launched a $20 million grant program to help local governments increase consumer access to legal marijuana products. The Local Jurisdiction Retail Access Grant, which is being hailed as the first program of its kind in the country, aims to give local governments the tools they need to increase access to cannabis products in marginalized areas. According to the department, the grant program will make use of current licensing and permitting procedures to create and implement marijuana retail licensing programs in regions of California where cannabis use is prevalent, but consumers have little to no access…

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TuesdayMar 14, 2023 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Encouraged by Positive Findings from its DIAB-A22-1 Animal Model Study on Potential DehydraTECH-CBD(TM) Treatment for Diabetes

Lexaria’s DIAB-A22-1 animal model study just concluded, highlighting three positive outcomes, including an improvement in general activity, significant reductions in body weight, and improved triglyceride and cholesterol levels The study was undertaken by a third-party testing laboratory in Canada involving 24 obese and eight lean rats for a total of 32 male Zucker rats The success of this DIAB-A22-1 study marks a significant milestone for Lexaria, even as it continues to explore its patented DehydraTECH(TM) technology application in various other areas, including nicotine replacement, epilepsy, hypertension, dementia and more With its unique product offering, a growing list of patents, and…

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TuesdayMar 14, 2023 4:20 am

420 with CNW — Pittcon Research Could Help Regulate Levels of Synthetic and Natural Cannabinoids

Psychedelics and cannabis are probably two of the most common psychoactive drugs, or substances that change physiological and psychological functions. These drugs can affect daily life in both negative and positive ways when used. For instance, when administered correctly, cannabis may be used as a therapeutic option for a range of neurological conditions such as Alzheimer's, Parkinson's and brain cancer. Contrarily, recreational cannabis has been linked to issues with mood, cognition and other symptoms. Cannabinoids, which are naturally occurring substances in the marijuana plant, are what cause the drug's psychological and physical side effects. The most popular cannabinoids are tetrahydrocannabinol…

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MondayMar 13, 2023 4:20 pm

420 with CNW — Missouri Expunges at Least 7,500 Cannabis Convictions

Missouri has expunged the records of more than 7,500 people who had prior cannabis-related convictions. The state legalized recreational cannabis last year after voters approved an amendment to allow adults aged 21 and older to purchase, possess and consume cannabis. On top of legalizing recreational cannabis, the constitutional amendment also allowed individuals convicted of nonviolent cannabis offenses to petition for release from prison, parole and expungements of their records. Riverfront Times reports that the measure kicked off a process of expunging cannabis offenses from criminal records. Misdemeanors have made up the majority of the cases that have been expunged so…

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MondayMar 13, 2023 4:20 am

420 with CNW — How Oklahoma’s Marijuana Landscape Could Evolve Once Adult-Use Cannabis is Legalized

There were a lot of concerns when Oklahoma voters approved medical marijuana in 2018. It was unclear how the marijuana industry would develop. The number of marijuana businesses also skyrocketed with very little regulation, making the state the largest holder of licensed marijuana businesses in 2020. Several years after the voting, those queries are still being raised. State Question 820 was up for vote on March 7, 2023, when voters went to the polls. The measure would legalize marijuana use for adults over the age of 21, allow for the growth of up to six marijuana plants, and open the…

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FridayMar 10, 2023 4:20 pm

420 with CNW — Data Shows Increased Enforcement Against Illicit Marijuana Operations in California

Despite dozens of states legalizing cannabis use for either medical or recreational purposes, America’s illicit cannabis market is still going strong. Legal operators have struggled to compete with illicit sellers amid strict regulations and relatively high cannabis taxes that have made legal marijuana much more expensive than its illicit counterpart. By the end of 2021, illicit sales of cannabis had reached close to $8 billion annually, doubling the volume of sales from legal operators and forcing many of them to close shop. However, in California regulators are actively taking steps to reduce the illicit market’s stranglehold on the state’s cannabis…

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FridayMar 10, 2023 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Releases Additional Findings From Human Clinical Study, Demonstrating DehydraTECH(TM)-CBD Effects on Hypertension

The global antihypertensive drugs market was valued at around $20.5 billion in 2021 and is expected to reach $39.5 billion by 2030, growing at a CAGR of 2.95% Lexaria’s patented DehydraTECH(TM) technology is designed to formulate and deliver lipophilic drugs and active pharmaceutical ingredients (“APIs”), increasing effectiveness and improving how drugs are delivered into the bloodstream DehydraTECH is suitable for use with a wide range of product formats, including pharmaceuticals, nutraceuticals, and over-the-counter capsules, pills, tablets, or oral suspensions Lexaria is continuing to evaluate the results of its HYPER-H21-4 human clinical study and will report additional findings as they become…

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FridayMar 10, 2023 4:20 am

420 with CNW — DOJ Launches Application for Federal Cannabis Pardon Certificates

Last week the Justice Department (DOJ) released an application form for those who were eligible for President Joseph Biden's mass cannabis pardon to complete to prove that they received clemency. Biden issued an executive order in October pardoning those convicted of marijuana possession offenses in violation of federal law. Although the pardon was automatic, activists have pushed government representatives to create a form that can be used to request certificates proving coverage. This might be helpful for individuals whose previous convictions are, for instance, keeping them from finding employment or housing. Elizabeth Oyer, the pardon attorney, had stated in December…

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ThursdayMar 09, 2023 4:20 pm

420 with CNW — Two Cannabis Legalization Measures in Wyoming Fail to Make 2024 Ballot

Cannabis reform activists in Wyoming ran into a wall after two measures meant to legalize medical marijuana and decriminalize cannabis possession failed to make it to the 2024 ballot. Wyoming NORML, one of the primary sponsors of the cannabis legalization measures, said last week that activists collected enough signatures to qualify for the ballot. However, the organizers did not gather enough petitions in two-thirds of Wyoming counties to meet the state’s required minimum percentage. The activists said that despite failing to get the measures on next year’s ballot, they will continue working with lawmakers in the upcoming legislative session to…

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ThursdayMar 09, 2023 4:20 am

420 with CNW — North Carolina Senate Approves Bill Legalizing Medical Cannabis

The North Carolina Senate has approved a bill to legalize medical marijuana in the state and sent it to the House. The legislation was first filed by Senate Rules and Operations Committee Chairman Bill Rabon last year and was cleared by the Senate before being blocked by House Republicans. Rabon refiled the bill in late January amid statements from a key chamber leader that the bill was “well-constructed” and addresses a lot of key concerns. The medical marijuana bill was approved by three separate committees and received initial approval on the Senate floor a day before advancing in a 36–10…

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