Chris@CNW, Author at CannabisNewsWire

ThursdayMay 30, 2024 12:00 pm

10th Annual CWCBExpo To Offer News on Latest Trends & Ideas In The Cannabis Industry

As New York and the Tri-State area are being touted as one of the largest cannabis hubs in recent times, the CWCBExpo is perfectly timed to bring together the cannabis industry in New York. A premier B2B expo on the East Coast, the CWCBExpo, June 5-6 at the Javits Center in New York, brings in two days of networking events and learning sessions by prominent influencers in the industry. The event will witness industry leaders, investors, influencers, business executives, dispensary owners, educators, medical practitioners, and some of the brightest minds in the cannabis and hemp spectrum. The CWCBExpo has been…

WednesdayMay 29, 2024 4:20 pm

420 with CNW — Marijuana Companies Ask Court to Stream Online Proceedings of Case Against Federal Prohibition

Leading cannabis companies are urging a federal court to permit the public to attend a hearing virtually in a lawsuit where the companies are requesting protection for in-state marijuana activities from federal interference. The U.S. Department of Justice has stated it holds “no stance” on this request. The hearing will take place before the United States District Court for the Western Division of the District of Massachusetts. The plaintiffs’ attorneys highlighted in a motion that the disagreement raises issues of public interest. They reported receiving a lot of requests from the media to watch the hearing online, as most can’t…

WednesdayMay 29, 2024 12:00 pm

Software Effective Solutions Corp. (SFWJ) Subsidiary Expands Global Footprint, Becomes Leading Infrastructure Supplier for Colombia’s Top Flower Producers

MedCana subsidiary is expanding reach both domestically and internationally Company is strengthening support, sales operations through international partnerships Eko2o is at the forefront of providing innovative agricultural technology and infrastructure solutions Eko2o S.A.S., a subsidiary of Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ), is experiencing significant growth and success, as evidenced by recent news that it has become a key infrastructure supplier for some of Colombia’s largest flower producers (https://cnw.fm/PI8yO). In addition, Eko2o is strengthening its support and sales operations through international partnerships and collaborations, including with Danziger International. “Our solutions stand out in the market, and we are delighted…

WednesdayMay 29, 2024 11:15 am

Golden Triangle Ventures Inc. (GTVH) Subsidiary Shares New Business Model Based on Key Pillars to Ensure Success

Strategic four-pillar business model provides essential piece of Lavish Entertainment’s mission to create an industry-leading entertainment business New model “represents a bold step forward in our journey to develop Lavish Entertainment into a staple in the entertainment industry,” states CEO The company plans to develop, acquire operations in each of plan’s four areas At the core of Golden Triangle Ventures’ (OTC: GTVH) purpose of pursuing ventures in the health, entertainment and technology sectors lies its focus on vertical integration to cut costs and maximize margins. One of the company’s newest ventures — Lavish Entertainment, its entertainment division — embodies this…

WednesdayMay 29, 2024 10:00 am

Study Shows Prebedtime Marijuana Use Doesn’t Trigger Impairment

New research shows that using cannabis prior to sleeping has a negligible effect on different performance measures the next day, including psychomotor and cognitive function tasks, simulated driving and even mood. The study, which obtained data from a bigger study exploring the effects of cannabidiol (CBD) and tetrahydrocannabinol (THC) on insomnia, examined outcomes from 20 adults with insomnia who rarely used cannabis. The study was carried out by 11 investigators from Macquarie University in Sydney, Johns Hopkins University, Griffith University, Royal Prince Alfred hospital and the University of Sydney. For the study, the investigators administered either 2 ml of marijuana…

TuesdayMay 28, 2024 4:20 pm

420 with CNW — Biden Welcomes Marijuana Reclassification, Slams ‘Failed Approach’

The U.S. Department of Justice (DOJ) has moved to reschedule marijuana as a less-hazardous narcotic, marking the most substantial drug-policy reform in the nation in more than half a century. President Joseph Biden celebrated the move as a crucial step toward correcting historical injustices. This marks a notable shift for President Biden, who, 30 years ago, was instrumental in crafting stringent crime legislation that is now a source of political contention. This change could bolster Biden’s appeal among younger voters, a demographic crucial for his re-election campaign. The new proposal, announced on May 16, 2024, stops short of fully legalizing…

TuesdayMay 28, 2024 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Concludes First Dosing for its Second GLP-1 Human Pilot Study; Maintains Study Pace and Rollout for 2024

Lexaria, a global innovator in drug delivery platforms, just concluded its first dosing for its glucagon-peptide-1 (“GLP-1”) human pilot study #2, GLP-1-H24-2 GLP-1, a class of drugs, has demonstrated the ability to address diabetes and weight loss, albeit with poor oral bioavailability, usually as little as 0.8% Lexaria, through its study, looks to demonstrate the effectiveness of its DehydraTECH(TM) technology in improving GLP-1’s bioavailability, opening up a vast worldwide market Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just concluded its first dosing for its glucagon-peptide-1 (“GLP-1”) human pilot study #2, GLP-1-H24-2 (https://cnw.fm/g0mZl). This follows the recent…

FridayMay 24, 2024 4:20 pm

420 with CNW — New Jersey Lawmaker Introduces Bill Seeking to Cap Medical Cannabis Prices

State officials in New Jersey acknowledge the concerns raised by medical-cannabis patients regarding the steep prices of marijuana products. However, the officials stress their limited authority under existing laws, which grant them no jurisdiction over the pricing policies of dispensaries. Democratic legislator Senator Troy Singleton is looking to neighboring Pennsylvania for inspiration. Pennsylvania’s medical-cannabis law includes a provision allowing state authorities to impose price limits if marijuana prices become exorbitant. Singleton aims to replicate this provision in New Jersey, proposing a bill that would empower the state’s cannabis regulator to impose price limitations on medical-marijuana providers if their pricing practices…

FridayMay 24, 2024 10:00 am

New York Regulators Face Lawsuit Over Social-Equity Rules

Cannabis regulators in the state of New York have been hit with a new lawsuit filed earlier this month in the Albany County-based Supreme Court against the state’s Cannabis Control Board and Office of Cannabis Management. The issue is the state’s Conditional Adult-Use Retail Dispensary (CAURD) program, which gives priority to people who were impacted by the war on drugs. The suit was filed by four plaintiffs: Windward Management, Organic Blooms, Blackmark and Niagara Nugget. The plaintiffs stated that the applicants under the program could file initial requests for a license without informing the local municipality or having to secure…

ThursdayMay 23, 2024 4:20 pm

420 with CNW — Adult-Use Cannabis Sales Could Begin in Ohio by June

The sale of recreational cannabis is on track to commence around mid-June in Ohio following the recent approval of new licensing regulations for dispensaries. Since December 2023, when a voter-approved statute came into effect, the state has been in a state of uncertainty regarding recreational sales. While individuals 21 years and older were permitted to cultivate and use marijuana at home, the absence of legal avenues for purchase raised concerns about the emergence of a black market, prompting attention from Governor Mike DeWine and certain GOP legislators. The Joint Committee on Agency Rule Review granted passage to the regulations necessary…