420 with CNW Archives - Page 109 of 321

FridayJan 27, 2023 4:20 pm

420 with CNW — Texas Authorities Start Process to Issue Additional Medical Marijuana Dispensary Licenses

According to a press release issued by the Texas DPS, the department is now accepting applications for the possibility of adding more medical marijuana dispensaries. The application window, which opened on Monday, is expected to close on April 28, 2023. The release stated that the number of licenses that would be approved would be decided in the future. However, it's doubtful that the agency will set a limit before the summer since the legislature might pass legislation that could allow for more permitted dispensaries. Texas legalized medical cannabis in 2015. The diseases and conditions it covered as well as the…

FridayJan 27, 2023 4:20 am

420 with CNW — NJ Senate Committee OKs Bills Allowing Cannabis Companies to Deduct Expenses on Tax Returns

Cannabis businesses in New Jersey may soon be able to enjoy tax benefits that have been available to companies in other industries for decades. Thanks to cannabis’ federal status as a controlled drug, licensed marijuana businesses cannot access tax benefits, including deductions, despite paying billions of dollars in taxes. The New Jersey Senate Budget Appropriations Committee recently approved two bills that would finally make it possible for cannabis businesses to deduct some expenses on their state tax returns. The companion measures came from the Assembly and the Committee's chamber before the committee made them identical and advanced them. The pair…

ThursdayJan 26, 2023 4:20 pm

420 with CNW — Governor Signs Bill Legalizing Recreational Cannabis in US Virgin Islands

The U.S. Virgin Islands is the most recent region in the nation to end cannabis prohibition after Governor Albert Bryan Jr. formally signed two bills legalizing marijuana and facilitating cannabis expungements. Bryan signed the bill just a few days before its 10-day deadline. He also used the occasion to issue a proclamation allowing people to seek pardons for previous cannabis possession convictions. The governor stated that since the Bryan-Roach Administration started working, officials have operated toward the decriminalization of marijuana use for adults. He also noted that following the personal effort of the representatives in the 34th Congress and preceding legislatures as well as the…

ThursdayJan 26, 2023 4:20 am

420 with CNW — Jobs Fair Shows Growth of New Jersey Marijuana Industry

New Jersey is staying true to its farming reputation and history when it comes to cannabis production and sales. The demand for professionals in the business is great because the state is currently the fifth-largest marijuana retailer in the United States. Last week, a career fair featuring cannabis-related companies made this need extremely evident. In three hours, more than one hundred people attended the Passaic County Cannabis Career Fair that was held at the main campus of the Passaic County Community College; Edwin Lopez was one of those attendees. Lopez, who manages a local site for a medical supply company that is shutting…

WednesdayJan 25, 2023 4:20 pm

420 with CNW — Las Vegas Prepares to Launch First Marijuana Hotel in April

Voters in Nevada approved the recreational consumption of cannabis by individuals aged 21 and above on the November 2016 ballot. Like most states with legal cannabis markets, Nevada outlawed public cannabis consumption of any kind, meaning individuals had to use cannabis within their homes. Since cities such as Las Vegas were looking to benefit big from cannabis tourism, out-of-state visitors had no choice but to consume cannabis in private residences with the owners’ permission. However, that will change when the Artisan Hotel Boutique becomes the first hotel to offer facilities for public consumption for residents and tourists. Elevations Hotels and…

WednesdayJan 25, 2023 4:20 am

420 with CNW — GOP-Led Congressional Bill Seeks to Reform Gun Ownership Rules for Medical Marijuana Users

The first draft of the marijuana legalization bill for the 118th House meeting has been filed by Republican House legislators, and it calls for allowing medical marijuana patients to buy and own guns. The legislation, which looks to be similar to a bill that was initially submitted in 2019 but did not move, was introduced by Rep. Alex Mooney (R-WV). The cochair of the Congressional Marijuana Caucus, Rep. Brian Mast (R-FL) along with Thomas Massie (R-KY) are cosponsors of the measure. The bill's entire text is not yet available, although it has the same short name as Mooney's Second Amendment Protection Act from…

TuesdayJan 24, 2023 4:20 pm

420 with CNW — DC Lawsuit May Set New Marijuana Smell Precedent

Nearly every state with a legal marijuana market has passed an outright ban on the public consumption of cannabis. Both medical marijuana patients and recreational users are only allowed to use cannabis within the confines of their homes, and each state has policies that require consumers to use their cannabis product privately and away from the eyes of the public. Unfortunately, marijuana has an extremely thick and potent smell that tends to linger in spots without proper ventilation and can be recognized some distance away from the smoker. A Washington, DC, woman whose downstairs neighbor used legal cannabis finally got…

TuesdayJan 24, 2023 4:20 am

420 with CNW — Flooding, High Winds Ravage Marijuana Operations in California

The devastating storms wreaking havoc on California have had a wide-ranging negative impact on cannabis businesses, disrupting operations and perhaps even supplies. In a last-ditch effort to limit the damage, some cannabis companies temporarily shut down business and fortified their facilities. Several operators have been unable to reach their operations due to road closures and hazardous conditions, while numerous power outages have halted production and exposed plants to contaminants, such as mold. This is the most recent climate disaster to hit the state marijuana industry, following a heat wave in September and wildfire season several years earlier. Workers cannot access…

MondayJan 23, 2023 4:20 pm

420 with CNW — Cannabis Companies Overtake Advocacy Groups as Leading Funders of Reform Efforts

For years, advocacy groups have largely been responsible for pushing and funding cannabis reform efforts across the country. Such groups have traditionally funded reform initiatives to collect signatures and eventually get cannabis initiatives on the ballot, especially when the industry was in its infancy. However, data from November’s election shows that cannabis companies have swiftly overtaken advocacy groups in the funding of marijuana reform efforts in America. Campaign finance records show that the cannabis industry essentially funded all five cannabis legalization initiatives that were on the ballot in last year’s midterm elections. Campaigns to legalize adult-use cannabis in Missouri, Maryland,…

MondayJan 23, 2023 4:20 am

420 with CNW — Federally Funded Research Finds AUD Is Lower in States Where Cannabis is Legal

Research from the University of Colorado, which was recently published in the publication “Psychological Medicine,” found that recreational decriminalization was linked to increased marijuana use and reduced alcohol use disorder (AUD) symptoms but wasn't linked to other maladaptations. The researchers advised, nevertheless, that this information is difficult to assess and deserves exploratory research in future studies. Although their results show that marijuana consumption is not risky, the researchers could not pinpoint major variations in these bad consequences as effects of legalizing marijuana. They found that inasmuch as there was a negligible difference in average alcohol intake, individuals living in areas where cannabis was legal seemed more unlikely to…