Chris@CNW, Author at CannabisNewsWire

ThursdayMar 19, 2020 4:20 am

420 with CNW – Cannabis Sales Surge as Customers Fear Coronavirus Restrictions

The novel Coronavirus virus first appeared in Wuhan, China and in the months since it has infected over 170,000 people and left at least 7,000 dead. Naturally, countries are taking precautions, locking down cities, and restricting travel and public meetings to curb the spread of the virus. In the U.S., states and cities are slowly shutting down, with President Trump urging people to limit themselves to groups of no more than 10 people. As people prepare for a long period of isolation, marijuana stores have experienced a dramatic surge in sales, especially over the past weekend. Seeing as most retail…

WednesdayMar 18, 2020 4:20 pm

420 with CNW – Congressional Committee Passes Bills Expanding Veterans Access to Medical Cannabis

For the past few years, attitudes towards cannabis have been shifting. Although it is still illegal at the federal level, the narrative isn't as dire as it used to be. We now know that the cannabis plant produces a group of chemicals called cannabinoids that have potent and diverse medical properties. We also know that taken consistently and at a reasonable dosage, cannabis can alleviate a ton of conditions, ranging from insomnia and anxiety to chronic pain. However, the road hasn't been easy. A number of states have legalized medical and recreational marijuana use, but the fact that it's illegal…

WednesdayMar 18, 2020 12:16 pm

Champignon Brands Inc. (CSE: SHRM) Leveraging New Research, Focusing on Overall Health for the Everyday Consumer

John Hopkins center for psychedelic research dedicated to discovering potential of mushrooms in support of overall health Global functional-food market forecast to reach $34.3 billion by 2024; both reishi, cordyceps consumption expected to be in high demand Distribution strategy involves e-commerce, social-media influencer marketing, product formulation and R&D agreement with Drip Coffee Social Champignon Brands Inc. (CSE: SHRM) is a Canadian-based, research-driven company specializing in the formulation of mushroom-infused CPGs that promote holistic health and wellness. On March 2, 2020, the company saw its first day of trading on the Canadian Securities Exchange (CSE). Committed to sustainability, all SHRM products…

WednesdayMar 18, 2020 4:20 am

420 with CNW – Study Finds Marijuana Legalization Boosts Housing Prices

For many, the legalization of recreational marijuana might as well have been trumpets loudly declaring the end of times. Arguments against it ranged aplenty, with some claiming it is a gateway drug while others claimed it would result in increased crime rates. But what many hadn't considered was the effect it would have on real estate. Economists from the University of Oklahoma ran a study to find out the effect marijuana legalization had on housing prices, and their results were quite interesting. They examined listings on Zillow, and after tracking them against legalization in Colorado and Washington State, found that…

TuesdayMar 17, 2020 4:20 pm

420 with CNW – The Marijuana Industry Has Already Created More Than 250,000 Jobs

Marijuana is quite a divisive topic. For the most part, most opinions are split down the middle, with people being either for or against legal marijuana. There's a lot you can say in defense of marijuana, such as its diverse range of medical applications to the fact that it doesn't have the side effects pharmaceuticals are known for. However, marijuana's ability to create employment is almost unparalleled. According to Leafly's annual Cannabis Jobs Report, there were 240,000 full-time equivalent (FTE) jobs supported by the legal cannabis industry as of January 2020, a 15% increase from 2019. This translates to 33,700…

TuesdayMar 17, 2020 2:25 pm

Round Meadow Holdings Corp. is “One to Watch”

Delivering business solutions designed exclusively for the lucrative cannabis industry Expanding portfolio of synergistic portfolio of cannabis service companies Creator of Budtender Awards, the first cannabis-related expo and education event on the Las Vegas strip Round Meadow Holdings Corp. (“RMH”) is a professional organization that represents accountability, delivering business solutions created exclusively for the expanding cannabis industry. A synergistic portfolio of cannabis service companies, RMH is dedicated to supporting the competitive cannabis landscape and its participants as the industry evolves and faces historic growth spurts and challenges. Historically, when industries such as cannabis experienced growth spurts, many people rushed to…

TuesdayMar 17, 2020 4:20 am

420 with CNW – Alabama Senate Passes Medical Marijuana Bill

Ten years ago, the thought of states legalizing marijuana seemed ludicrous enough. The plant has always been quite divisive, with most people being either for or against marijuana. However, what's certain is that marijuana does have plenty of medicinal properties that make it a good natural alternative to a variety of medications including opioids. The past few years have seen cannabis become more mainstream, with a number of states legalizing it for both recreational and medical use. Alabama quite recently joined the club after the state Senate voted to pass a bill to legalize marijuana in the state. The bill…

MondayMar 16, 2020 4:20 pm

420 with CNW – Maine Issues 31 Conditional Licenses in First Wave of Licensing

Cannabis is becoming more and more popular these days, and it's not only due to its psychoactive properties. A while back, it was discovered that the controversial plant was filled with cannabinoids, a group of unique chemicals that have potent medicinal properties. What's more is quite a number of states have recognized this potential, and have taken steps to legalize both recreational and medical marijuana use within their borders. In Maine, preparations for this year's season are in full swing, with the Maine Office of Marijuana Policy issuing its first round of conditional adult-use marijuana business licenses. It gave provisional…

MondayMar 16, 2020 4:20 am

420 with CNW – Tennessee Legislators Table Medical Marijuana Bill

A bill which is seeking to legalize medical marijuana has been introduced in Tennessee’s House of Representatives by legislators. The bill, called House Bill 637, would permit patients with one or more conditions on the list of qualifying conditions to use medical marijuana. It would also establish a regulatory framework for the production and distribution of medical marijuana products. A Republican Rep. Ron Travis and a Democrat Rep. Jason Hodges introduced this year’s measure. Earlier this year, Republican Sen. Janice Bowling, reintroduced a similar bill in the Tennessee Senate. Last year, Senator Bowling also introduced a similar bill during the…

FridayMar 13, 2020 4:20 pm

420 with CNW – Why Have a Medical Cannabis Card if Recreational Pot is Legal?

With more and more states legalizing medical marijuana, and the laws differing from state to state, medical marijuana cardholders and applicants should review state and local regulations to avoid breaking them. As recreational marijuana laws within the states are passed, the state medical marijuana programs tend to suffer. Data from medical marijuana programs in Colorado and Oregon show that the number of patients in the MMJ database started declining months and years after its legalization of recreational marijuana. Although the medical market still serves its purpose, the purchasing of marijuana shifts towards the recreational market. Depending on state laws, medical…