420 with CNW Archives - Page 117 of 297

WednesdayMay 25, 2022 4:20 pm

420 with CNW — Study Finds That Cannabis Legalization Is Associated with Reduced Opioid, Nicotine, Alcohol Use

New research has found that the legalization of cannabis is associated with reduced use of nonprescription opioids, nicotine and alcohol. The study was conducted by researchers at the University of Washington. Its findings were reported in the “Journal of Adolescent Health.” For their study, the researchers conducted an analysis of data on trends of substance use in the period between 2014 and 2019. The data, which was obtained from more than 12,000 adults, led to the discovery that individuals who were 21 to 25 years of age were less prone to consuming more “dangerous” drugs after they were legalized within…

WednesdayMay 25, 2022 4:20 am

420 with CNW — Congressman Calls on DOT to Modify Truck Driver Cannabis Testing Rules

Earlier this week, Rep. Earl Blumenauer sent a letter to the U.S. Department of Transportation urging the federal agency to reform its cannabis testing policies for truckers and other commercial drivers. The congressman explained that these drug tests unnecessarily cost individuals their jobs and also contribute to issues in the supply chain. In the letter, he cited data from the department showing that thousands of drivers lost their jobs due to strict THC drug-screening policies. Blumenauer explained that while no individual wanted impaired drivers on U.S. roads, there didn’t exist tests that could detect impairment, which meant that these individuals…

TuesdayMay 24, 2022 4:20 pm

420 with CNW — Marijuana Product Sampling Grows Despite Pandemic, Legal Obstacles

CPG professionals have long known that one sure way to get your target market to buy a new product is by first giving those people a free sample. The samples provide members of the public with an easy way to try something new without risking anything. Samples are also bait for retail outlets, so it isn’t surprising that several companies in the marijuana industry are finding creative ways to use this marketing approach. Considering that store sales can be boosted by a jaw-dropping 2,000% and more than 33% of shoppers who receive a sample buy that product within the same…

TuesdayMay 24, 2022 4:20 am

420 with CNW — Congressman Optimistic About Cannabis Banking Reform Inclusion in Manufacturing Bill

During a press briefing earlier this week, Rep. Earl Blumenauer revealed that he was optimistic about the possibility of including cannabis banking reforms in the final version of the large-scale manufacturing bill that will soon be signed into law. The Congressman has championed for marijuana legalization for a while now and is currently involved in negotiations on the America COMPETES Act. During the briefing, the Congressman stated that there was a joint effort among conferees in both chambers to ensure that the SAFE Banking Act, which was approved by the House, was attached to the final conference report that is…

MondayMay 23, 2022 4:20 am

420 with CNW — US Marijuana Sales in 2021 Exceed Those of Starbucks

People in North America have grown to expect to see a Starbucks outlet almost on every street corner. However, available information on cannabis sales suggests that marijuana could overthrow this coffee giant as legal sales of marijuana exceeded those recorded by Starbucks by a wide margin. This is no small feat by the marijuana industry, given the fact that only 39 of all the states in the U.S. have legalized marijuana in some form, either for medicinal or/and for recreational purposes. In contrast, Starbucks has been around since the early ‘70s, and coffee has always been legal, while the legal…

FridayMay 20, 2022 4:20 pm

420 with CNW — Governor Newsom Proposes Cannabis Tax Cuts to Combat California’s Illicit Market

Last week, Gov. Gavin Newsom of California unveiled a modified budget proposal whose approval would revise the state’s marijuana tax revenue allocations and eliminate the state’s cannabis cultivation tax. The governor’s announcement comes just months after officials in the state announced that California had allocated $100 million in funding for the development of local cannabis markets, which would involve getting marijuana businesses fully licensed. Newsom’s plan will maintain the 15% excise tax rate on cannabis sales and shift the point of collection and remittance for excise tax to retail from distribution, effective Jan. 1, 2023. This updated budget will also…

FridayMay 20, 2022 4:20 am

420 with CNW — Poll Finds That Majority of Biden Voters Support Federal Cannabis Legalization

A new poll has discovered that a majority of people in America support letting states set their own marijuana policies, including the legalization of cannabis. The YouGov poll found that 7 in every 10 individuals who voted to elect President Joseph Biden support the nationwide legalization of cannabis, despite Biden’s opposition to the change in policy. This survey emphasizes how unpopular cannabis prohibition is in the United States, with none of the demographics surveyed showing majority support for federal marijuana prohibition. The survey found that 25% of respondents felt that states needed to be able to decide whether or not…

ThursdayMay 19, 2022 4:20 pm

420 with CNW — Congressional Legislators Voice Support for Cannabis Banking

A bicameral conference charged with negotiating the final text of a large-scale bill intended to make the U.S. competitive against China saw many conferees express support for including cannabis banking language in the manufacturing bill. This was during the first sitting of the conference. At least half a dozen conferees took to the floor to mention the marijuana banking issue when debate on the manufacturing bill started. The majority of these members spoke in support of including the banking bill in the final document agreed upon during the conference. For example, Rep. Earl Blumenauer from Oregon stated that several overdue…

ThursdayMay 19, 2022 4:20 am

420 with CNW — Washington State Offers Cannabis Shops Free Security Checks

In the wake of the recent armed robberies targeting marijuana businesses, Washington state has partnered with a private company to give cannabis businesses access to a free security check so that experts can advise the businesses about what specific steps each company needs to strengthen in order to reduce the likelihood of being adversely affected by this crime wave. This security assessment is an offer from the Liquor and Cannabis Board ("LCB") of the state, and the program will be implemented by Setracon, a security firm based in Tacoma. Currently, there are 180 retail marijuana businesses registered in Washington. All…

WednesdayMay 18, 2022 4:20 pm

420 with CNW — New Device Could Provide More Accuracy in Measuring Cannabis Impairment

The use of marijuana, whether for medicinal or recreational purposes, has grown rapidly within the United States during the past few years. This growth is said to be due to the wave of legalizations that has swept through several states as well as the changing public attitudes towards this controversial plant. The growing use of marijuana has presented a huge challenge to both law enforcement agencies and employers as they work to detect and prevent cannabis impairment on the roads and at workplaces. Many have looked to breathalyzers to provide a way to quickly identify someone who is acting under…