April 2024 - Page 4 of 5 - CannabisNewsWire

WednesdayApr 10, 2024 10:00 am

Germans Turn Up Heat in Demanding Adult-Use Cannabis Sales Regulations

Legislators in Germany are focused on creating a pilot program for the commercial sale of marijuana. This comes after the country legalized the possession and cultivation of marijuana for personal use last week. Under the new law, social clubs where individuals could join and acquire cannabis are set for launch in July. In its statement, the Federal Ministry of Health stated that preparation work on the next pillar of the marijuana laws was underway with relevant departments. He also noted, however, that no specifics cold be shared at the time. Karl Lauterbach, the health minister who has championed for marijuana…

WednesdayApr 10, 2024 9:00 am

Golden Triangle Ventures Inc. (GTVH) Making Key Progress in Development of Destino Ranch, an Immersive Entertainment Venue

Developed under Lavish Entertainment, a wholly owned subsidiary of GTVH, Destino Ranch will be a one-of-a-kind destination that revolutionizes the concept of an immersive music and art venue. Phase one development begins after the execution of a land-use-and-development agreement outlining exclusive rights to purchase, use and operate the nearly 70-acre property. Additional upgrades on the initial property secured will “dramatically increase speed into the market.” Marco Moreno has been appointed as president of Lavish Entertainment to spearhead the development of Destino Ranch. Mr. Moreno has notable experience in the large-scale event development industry with high-fidelity collaborations through his company ABI…

TuesdayApr 09, 2024 4:20 pm

420 with CNW — California Officials Dispatch $12M in Grants to Fix Drug-War Harms

California authorities have allocated $12 million in grants to various cities in the state, funded by taxes from cannabis sales. These funds are provided to support equity initiatives for individuals disproportionately affected by previous antidrug campaigns. This latest disbursement is part of the ongoing Marijuana Equity Grants Program for Local Jurisdictions, administered by the Governor’s Office of Business and Economic Development (GO-Biz). The primary objective is to promote economic justice by addressing the historical impacts of marijuana prohibition and the antidrug war. The program seeks to eliminate hurdles for individuals and communities seeking to participate in the regulated marijuana industry.…

MondayApr 08, 2024 4:20 pm

420 with CNW — Pew Poll Finds Only 11% of Americans Want to Retain Ban on Marijuana

A recent survey conducted by the Pew Research Center reveals that an overwhelming majority of Americans, nine out of ten, support the legalization of cannabis for either medical or recreational purposes. Further, most respondents believe that legalizing cannabis enhances local economic growth and promotes fairness within the justice system. Released on March 26, 2024, the report indicates that 88% of Americans endorse some form of legalization, with 57% advocating for both medical and recreational use accessibility. Only a small fraction, 11%, opposes marijuana legalization entirely. The survey identified consistent patterns among various demographics. Democrats showed higher support for complete legalization…

MondayApr 08, 2024 10:00 am

Poll Finds 60% of Americans Want Cannabis Homegrow Allowed

A new poll has found that almost every three in five individuals in the United States are in favor of home growing marijuana. The poll, which was commissioned by Royal Queen Seeds, found that more than 60% of cannabis consumers aged 21 years and older preferred to grow their own plants instead of purchasing marijuana. While this isn’t the first or second poll that observed strong support for cannabis legalization overall, it is one of the few that looked into preferences on home growing. In its findings, the survey determined that 59% of grownups believed individuals should have the right…

FridayApr 05, 2024 4:20 pm

420 with CNW — US Marijuana Sales Expected to Be in Excess of $31B in 2024

The United States anticipates surpassing $31 billion in regulated cannabis sales this year, according to recent projections from Whitney Economics, a hemp and cannabis consulting company based in Portland, Oregon. The estimate suggests that recreational and medical cannabis legal sales will reach approximately $31.4 billion this year, marking a $2.6 billion rise from the previous year, equating to a 9.14% yearly growth rate. The forecast highlights challenges faced by the industry, including alterations in consumer spending ability, elevated interest rates and postponed enactment of regulations in new state markets post-COVID-19 pandemic. Despite these hurdles, the overall growth of the marijuana…

FridayApr 05, 2024 10:00 am

Germany Becomes Largest EU Country to Legalize Adult-Use Cannabis

Earlier this week, cannabis campaigners in Germany celebrated as the country legalized the recreational use of the drug and its possession in small amounts. The decision, which comes amid objections from law enforcement officers and doctors, makes Germany the third nation in the European Union to legalize marijuana for personal use after Luxembourg and Malta. The law was approved by the current coalition of the probusiness Free Democrats, the Greens, and Chancellor Olaf Scholz’ Social Democrats. This is despite opposition from the Christian Democrats and some federal states in the country. Friedrich Merz, leader of the center-right Christian Democrats, vowed…

ThursdayApr 04, 2024 4:20 pm

420 with CNW — Partial Legalization of Cannabis in Germany to Take Effect in April

The German parliament has given the green light to partially legalize marijuana for recreational personal use, ushering in some of Europe’s most lenient cannabis regulations. The substance was made legal for recreational use in Malta and Luxembourg in 2023 and 2021, respectively. The Netherlands, on the other hand, which is renowned for having lax marijuana laws, has started toughening up on sales to visitors and nonresidents. The German approval came following a landmark vote in the Upper House, or Bundesrat, where legislators endorsed the measure. Once the new regulations take effect on April 1, 2024, individuals will be allowed to…

WednesdayApr 03, 2024 4:20 pm

420 with CNW — California Bill Seeks to Curtail Cannabis Employment Protections for Safety-Sensitive Jobs

A recent bill in California that was originally intended to amend the state’s current rules protecting workers from discrimination based on their use of legal cannabis has undergone substantial changes to rescind the protections for several workers, including those in animal control, law enforcement and coroners’ offices. The initial measures passed in 2022 and 2023 limited the use of punitive measures against workers for marijuana use while they were off duty and prohibited companies from asking applicants about their prior cannabis usage. However, SB 1264, under Senator Shannon Grove’s sponsorship, seeks to carve out exceptions for certain job roles. These…

WednesdayApr 03, 2024 10:00 am

Congressional Lawmakers Urge AG to End Current Legal Limbo, Issue ‘Overdue’ Cannabis Guidance

Congressional legislators recently forwarded a letter to the attorney general (AG), urging him to issue guidance on federal cannabis enforcement in an effort to stave off interference in state marijuana programs. The letter, penned by Congressional Cannabis Caucus cochairs Representatives Barbara Lee and Earl Blumenauer, stated that the department of justice needed to correct this oversight and issue a memo clarifying that its resources wouldn’t be used to prosecute parties acting in accordance with tribal or state law. It has been more than five years since former AG Jeff Sessions revoked the previous memos that directed prosecutors to not interfere…