July 2023 - CannabisNewsWire

MondayJul 31, 2023 4:20 pm

420 with CNW — State Cannabis Associations Implore Senate to Pass Cannabis Banking Law

A group of state cannabis associations is asking Senate leaders to advance bipartisan cannabis banking legislation as soon as possible. The American Trade Association for Cannabis and Hemp (ATACH) alongside marijuana trade associations from 16 other states sent a letter to Senate Banking Committee chair Sherrod Brown and committee member Tim Scott emphasizing the need for immediate cannabis banking reform. ATACH was joined by trade associations representing cannabis businesses from Hawaii, Arizona, Alaska, Alabama, Nevada, New York, New Jersey, Maryland, Illinois, California, Washington State, Ohio, Pennsylvania, Montana, Mississippi, District of Columbia and Missouri. These entities joined together to urge the…

MondayJul 31, 2023 4:20 am

420 with CNW — Study Finds Medical Cannabis Beneficial to Military Veterans’ Quality of Life

According to a new study, the vast majority of American military veterans who use medical marijuana claim noticeable increases in their general well-being. The study, conducted by a team from the University of Utah, the University of Massachusetts and various marijuana research institutes, analyzed survey data from more than 500 veterans who openly admitted to using marijuana. The goal was to gain deeper insights into the motives and outcomes of their cannabis usage. Interestingly, approximately 67% of respondents disclosed that they use marijuana on a daily basis. For 30% of these veterans, marijuana serves as a valuable substitute for conventional…

FridayJul 28, 2023 4:20 pm

420 with CNW — How to Make Marijuana Websites Compliant with ADA Requirements

For more than 30 years, the Americans with Disabilities Act (ADA) has protected people with disabilities from discrimination in all public places on the basis of their disabilities. This legislation ensures that all public places, including schools, public transportation and office buildings, are designed to accommodate the needs of people living with disabilities. Now that ecommerce is one of the most dominant forms of trade across the country, businesses in America’s state-legal cannabis sector should also make their websites ADA-compliant. In many ways, websites have replaced the brick-and-mortar stores of old. They allow people to visit different “shops” and make…

FridayJul 28, 2023 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Newly Granted Patent for DehydraTECH(TM)–Nicotine by United States Patent and Trademark Office

Lexaria’s new patent includes claims for many types of nicotine, including nicotine benzoate, nicotine ditartrate, nicotine citrate, nicotine polacrilex, and many others, for use in sublingual delivery formats like oral pouches The global oral nicotine pouch market was valued at $4.69 billion in 2022 and is expected to grow to $11.91 billion by 2029, driven by the growing ban on e-cigarettes worldwide The white pouch category is one of the fastest-growing, tobacco-free alternatives to smoking and vaping – growing at a CAGR of 13.4% Lexaria Bioscience (NASDAQ: LEXX), a global innovator of drug delivery platforms, has announced that the United…

FridayJul 28, 2023 4:20 am

420 with CNW — Study Shows Proximity Vital to Customers Buying Cannabis from Licensed Stores

Marijuana retailers are well aware of the fact that customers prefer to purchase cannabis from nearby sources when possible. This intuition is supported by a recent study on Canada's legalized marijuana market, which shows that consumers are much more likely to purchase products from legal marketplaces if they are close to licensed retailers. The research, which is slated for publication in the “Journal of Studies on Drugs and Alcohol,” explores the relationship between Canadian marijuana users' proximity to authorized retail establishments and their decision to buy cannabis products. Notably, respondents were more likely to choose legal establishments and less likely…

ThursdayJul 27, 2023 4:20 pm

420 with CNW — Ohio to Move Medical Cannabis Regulation Away from Board of Pharmacy

Ohio lawmakers have passed an operating budget with provisions that effectively remove the Board of Pharmacy as the entity in charge of the state’s cannabis industry and replace it with a new Division of Marijuana Control. The new regulatory agency for all cannabis-related matters will function under the auspices of the Ohio Department of Commerce. Ever since former Ohio Governor John Kasich signed House Bill 523 into law and launched the state’s medical marijuana program, both the pharmacy and commerce departments had been tasked with overseeing the fledgling medical cannabis program. While the commerce department handled marijuana cultivators, processors and…

ThursdayJul 27, 2023 4:20 am

420 with CNW — Study Links Cannabis to Reduced Pain, Elevated Runner’s High

A recent study has unveiled a fascinating connection between marijuana usage and an enhanced exercise experience, particularly for runners. The study, conducted by researchers at the University of Colorado Boulder, focused on 49 runners. The individuals were asked to evaluate their running experiences under two conditions: one after consuming cannabis and the other without any marijuana intake. The findings, recently published in the “Cannabis and Cannabinoid Research” journal, revealed that participants had significantly fewer negative emotions and greater feelings of positive affect, dissociation, enjoyment and tranquility during their marijuana-influenced runs compared to their nonmarijuana runs. Furthermore, the intriguing concept of…

WednesdayJul 26, 2023 4:20 pm

420 with CNW — Why Employers Are Ditching Pre-Employment Cannabis Testing

The changing legal framework surrounding marijuana makes it more difficult for companies to screen for marijuana-consuming applicants. According to an article by the Washington Post, the rapidly evolving state legislation concerning marijuana, combined with a shortage of eligible workers, has led to an increasing number of employers no longer requiring applicants to undergo a marijuana drug test as a condition for employment. Amber Clayton, the senior director of knowledge center operations at the Society for Human Resource Management, explained that employers are grappling with the challenge of navigating these laws while ensuring the safety of their workforce. “We need to…

WednesdayJul 26, 2023 9:00 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Patented DehydraTECH(TM) Technology Set to be Used in Multi-Billion Dollar Markets; On Track to have 2023 as Best Year Yet

Lexaria’s patented DehydraTECH(TM) technology enhances the performance of several categories of fat-soluble active molecules and drugs across oral and/or topical product formats This unique approach to drug delivery has earned Lexaria a total of 35 patents, with many patents pending worldwide The company continues active discussions with multi-billion dollar companies for the potential use of DehydraTECH in their commercial pursuits Lexaria is also actively seeking commercial partners during 2023 and 2024 Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, is out on an ambitious move to address conditions with high unmet needs. This focus has allowed them…

WednesdayJul 26, 2023 4:20 am

420 with CNW — Ohio Adds IBS to Medical Cannabis Qualifying Conditions List

Regulators in Ohio have added irritable bowel syndrome (IBS) to the state’s medical marijuana list of qualifying conditions. During the recent Ohio State Medical Board meeting, lawmakers made irritable bowel syndrome the 26th qualifying condition for a medical marijuana license in the state. IBS is one of the most common chronic conditions in America, affecting an estimated 25 to 45 million people in the country and costing the U.S. a whopping $1.3 billion in medical costs annually. The chronic condition is characterized by symptoms such as abdominal pain, diarrhea, cramping, gas and bloating, and affects roughly 5% to 10% of…