420 with CNW Archives - Page 122 of 301

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…

WednesdayMay 18, 2022 4:20 am

420 with CNW — NIH to Fund Studies Exploring Marijuana’s Role in Cancer Treatment

The National Institutes of Health (NIH) has published a notice calling on interested researchers to apply for funding to facilitate studies related to the role cannabis can play in various aspects of cancer treatment. In that notice, the federal agency revealed that one out of every four patients with cancer report using marijuana products in order to manage the symptoms they experience. These symptoms include pain, nausea and anorexia. However, NIH points out that despite these reasons for using marijuana, there is scant research about its efficacy and any potential risks that the cancer patients may be exposing themselves to.…

TuesdayMay 17, 2022 4:20 pm

420 with CNW — IRS Official Discusses Cannabis Sector’s Current Financial Challenges

The U.S. IRS Taxpayer Advocate, an agency under the Internal Revenue Service (IRS), has published a blog post in which the agency discusses the tax obligations that marijuana companies have and the efforts which are being taken at the Congressional level to resolve some of those challenges. The blog post pointed out that, although companies in the cannabis industry are expected to meet their federal tax obligations, the firms aren’t at liberty to deduct many of the expenses that firms in other industries normally deduct when determining their tax obligations. This disparity stems from the fact that under federal law,…

TuesdayMay 17, 2022 4:20 am

420 with CNW — Thai Government to Distribute Marijuana Plants for Home Cultivation

The government in Thailand has announced that it plans to distribute one million free marijuana plants in June as it marks the commencement of a new law permitting the cultivation of marijuana at home. This announcement was made by the nation’s health minister. Anutin Charnvirakul, Thailand’s health minister, took to Facebook to make his announcement on May 8, 2022. He said that the government wants marijuana to be grown like any other household crop. The rule he referred to is expected to take effect on June 9, 2022. This new legislation paves the ground for individuals to notify the authorities…

MondayMay 16, 2022 4:20 pm

420 with CNW — Capitol Hill Warms to Marijuana Banking Amid Crime Wave

Jordan Brown, age 29, was shot and killed on March 19, 2022, during an armed robbery while he worked his shift as a budtender in Tacoma, Washington. He was an employee at a company called World of Weed. Joshua Chase, the proprietor of Oakland-based Oakanna, took a shot in his foot on April 24. Brian Garcia was also fatally shot by armed robbers in Los Angelese nearly a fortnight ago. These and other such incidents have captured the attention of the media and drawn the eyes of the country to the pressing need to allow marijuana companies to gain access…

MondayMay 16, 2022 4:20 am

420 with CWN — Report Shows High Taxes, Marijuana Deserts Stoking California Black Market

According to a recent report by Reason Foundation, the high taxes levied on state-approved marijuana products as well as the “marijuana deserts,” or localities and municipalities that have banned cannabis sales, have helped the black market to thrive within the state. Geoffrey Lawrence, the managing director of Reason Foundation, says approximately 80% of the localities in California have enforced bans or some form of restriction on marijuana cultivation and sale. He also says that retail outlets are few and far between for the more rural regions of the state. This makes it hard for residents in these areas to access…

FridayMay 13, 2022 4:20 pm

420 with CNW — Edmonton Startup Finds Success Recycling Marijuana Containers

When the marijuana legalization wave started sweeping through several U.S. states and neighboring countries, there was concern about what would be done about all the waste from the packaging products in which cannabis is sold. [Re] Waste, an Alberta-based startup in Canada, has come up with an answer that is minting money for the company. Started in Corey Saban’s garage, [Re] Waste now operates out of a spacious warehouse located close to Edmonton’s international airport. The company is grateful for all marijuana consumers who have shown that they are enthusiastic about recycling. These cannabis users take the empty marijuana containers…