420 with CNW Archives - Page 126 of 268

FridayAug 13, 2021 4:20 am

420 with CNW — SAMHSA Funding Restrictions Eased in Relation to Medical Marijuana

Although more than 30 states have legalized medical marijuana and lawmakers are now working on legislation to federally deschedule cannabis, the industry has constantly been weighed down by prohibition. Thanks to marijuana’s status as a Schedule I controlled substance at the federal level, federal agencies tend to take a hard line against the substance. The Substance Abuse and Mental Services Administration (“SAMHSA”) has in the past taken such a stance, unequivocally stating that its grant funds cannot be used to buy, prescribe and provide cannabis or treatment via medical marijuana. However, cannabis reform activists will be happy to know that…

ThursdayAug 12, 2021 4:20 pm

420 with CNW — Data Forecasts Global Marijuana Drinks Market to Hit $6B by 2030

A recently released report by Fact.MR forecasts that this year the global marijuana-infused drinks market will experience significant growth. Projections also show that a decade from now, the market’s revenues will have grown by more than 20 times, with a compound annual growth rate of about 38% to reach roughly $6 billion. Marijuana is legal in more than 35 states for medical use and in 16 states for recreational use. The herb’s legalization has prompted an increase in the demand for marijuana and marijuana goods. This has led to more marijuana-infused beverage businesses entering the market in an attempt to…

ThursdayAug 12, 2021 4:20 am

420 with CNW — Federal Agency Publishes Maiden THC, CBD Testing Variability Report

Despite being one of the youngest sectors in America, cannabis is one of the country's fastest-growing spaces. Cannabis and hemp products have become extremely popular, with the sector being one of the few spaces emerging from the coronavirus pandemic relatively unscathed and actually seeing increasing sales. However, one issue that has plagued America's state-legal cannabis industry has been cannabinoid testing. The 2018 Farm Bill, which legalized the cultivation and sale of industrial hemp and its cannabinoids, placed a 0.3% THC limit for legal hemp. But most laboratories that test for THC, CBD and other cannabinoids often come back with different…

WednesdayAug 11, 2021 4:20 pm

420 with CNW — Senate Appropriations Committee Urges Federal Agencies to Reconsider THC Cap for Hemp Products

Last week, the U.S. Senate Appropriations committee voted to approve a bill urging federal authorities to create a regulatory mechanism for cannabidiol products and rethink THC restrictions on hemp. These provisions were among others passed by the Senate committee while working on a bill to fund the U.S. Department of Agriculture as well as other federal departments and agencies for next year’s fiscal year. The bill would also maintain a rider, which protects state-level hemp programs from interference by federal authorities. Below are some of the marijuana-linked provisions supported by the committee, many of which are akin to the resolutions…

WednesdayAug 11, 2021 4:20 am

420 with CNW— Is it Worthwhile to Use CBD Beauty Products?

Cannabidiol, or CBD for short, is one of the chemical compounds found in the cannabis plant. This cannabinoid is all the rage these days and can be found in a huge variety of products including water, sweets, snacks and even your morning cup of coffee. It is also now being included in body care products such as face masks, moisturizers, body lotions and even lip care products. But should you spend your hard-earned money on these products? While scientific evidence of their benefit is still scant, a number of studies suggest CBD beauty products may offer some benefits. For example,…

TuesdayAug 10, 2021 4:20 pm

420 with CNW — How Congress Can Make Hemp Easier to Cultivate

Hemp's close relation to marijuana nearly doomed the versatile plant to obscurity. For those who don't know, industrial hemp is a member of the cannabis family, and it produces minimal amounts of THC, the cannabinoid that makes marijuana intoxicating. The nonpsychoactive plant has a plethora of applications ranging from textiles and construction to health and wellness, and it played a significant role in America's economy while the colonies were under British rule and after gaining independence. However, as the 1900s ended and the prohibitionist movement gained steam, hemp was lumped together with cannabis and eventually outlawed in the 1930s. It…

TuesdayAug 10, 2021 4:20 am

420 with CNW — Senate Leaders Release Infrastructure Deal Seeking to Allow Studies Using Cannabis from Dispensaries

Earlier this week, Senate leaders released a bipartisan infrastructure legislation that includes provisions that permit researchers to conduct studies on the cannabis that consumers are purchasing from dispensaries in legal states. Prior to this, researchers were only allowed to conduct research on government-grown marijuana. In addition, the legislation encourages states that have enacted marijuana legalization laws to educate individuals on impaired driving. The legislation also stipulates that the Health and Human Services Secretary and the Attorney General compile a report two years after the legislation's enactment that would include recommendations on permitting researchers to access retail-level cannabis, which would allow…

MondayAug 09, 2021 4:20 pm

420 with CNW — What the Future Holds for Hemp-Sourced Cannabinoids

In the early 1970s, the federal government outlawed all cannabis cultivation, and failing to distinguish between hemp and its psychoactive cousin cannabis, declared it illegal to cultivate both cannabis and hemp. These policies held for decades, and while the illicit market continued supplying cannabis, hemp nearly faded into obscurity. In 2014, Congress passed a farm bill that allowed state agriculture departments and universities to grow hemp in pilot programs as long as their home states permitted it. Four years later, the 2018 farm gill removed hemp from the list of controlled substances, allowing the cultivation, processing and sale of hemp…

MondayAug 09, 2021 4:20 am

420 with CNW — Patients with High-Grade Gliomas Register Improved Quality of Life after Using Medical Marijuana

The past few decades have seen cannabis progress from an intensely policed drug with no perceived medical applications to a “miracle drug” with a plethora of health benefits. Anecdotal reports and preliminary studies have found it to be effective against, among other things, chronic pain, anxiety insomnia, nausea and vomiting, which are incidentally the symptoms often endured by individuals suffering from cancer who are undergoing chemotherapy. Thanks to restrictive cannabis policies, few researchers have been able to conclusively study how cannabis affects the quality of life of cancer patients. However, a recent study published in “Frontiers in Oncology” sought to…

FridayAug 06, 2021 4:20 pm

420 with CNW — Why Investors Interested in Cannabis Should Expect a Big Stock Surge

At the moment, more than 100 million residents in the United States live in a state that has legalized recreational cannabis, with a whopping 95% living in a state with a legal medical cannabis system in place. Cannabis multistate operators are readying themselves for the next huge stock increase, which is expected to happen even without a change in federal legislations. Marijuana is fast closing the revenue gap, especially with the emergence of profitability, after the huge infrastructure spending that began in 2018 and 2019. Trading indexes show favorable valuations throughout this season, despite the imminent federal legislative gridlock. Marijuana…