420 with CNW Archives - Page 141 of 318

ThursdayMay 05, 2022 4:20 pm

420 with CNW — How Cannabis Use Has Evolved During the Pandemic

While marijuana has been in existence for centuries, it is still a controversial plant. The U.S. federal government classifies it under Schedule 1 of the Controlled Substances Act alongside hard drugs such as meth and cocaine despite the DEA admitting in 2020 that no cannabis overdose has ever been recorded. An estimated 55 million people in the U.S. use marijuana, and many more states continue to enact marijuana laws either through legislative means or through ballot measures. So how has the use of this substance evolved in the course of the COVID-19 pandemic? Sales jumped in many states When the…

ThursdayMay 05, 2022 4:20 am

420 with CNW — Five Tips Seniors Need to Keep in Mind Before Using Medical Marijuana

As more states legalize cannabis for medical and/or recreational purposes, a bigger proportion of the population can now readily access marijuana products from licensed outlets. According to research out of UC San Diego, a significant fraction of all new marijuana users are seniors. We offer the following tips to seniors who want to use medical or recreational marijuana for the first time. Do some research on administration methods The legalization of cannabis in different states has given entrepreneurs an opportunity to come up with different cannabis products and ways to use those products. For example, there are cannabis edibles, suppositories,…

WednesdayMay 04, 2022 4:20 pm

420 with CNW — Bankers’ Groups from All 50 States Urge Senate to Enact Cannabis Banking Reform

Last week, a group of banking associations from all 50 United States wrote a letter to the U.S. Senate urging the legislative body to include cannabis banking language in the final text of a manufacturing bill for which a bicameral conference is being organized. The American Bankers’ Association (ABA) as well as associations from every state in the United States says that the SAFE Banking Act is needed urgently and has wide support from both sides of the legislative aisle. The group added that this law is needed to handle the financial transactions that so many entities, such as real…

WednesdayMay 04, 2022 4:20 am

420 with CNW — Researchers Draw Attention to Widening State-Federal Cannabis Policy Differences

In a new report released shortly after the U.S. House of Representatives passed a bill legalizing cannabis at the federal level, congressional researchers revealed that the gap between the marijuana policies at state level and those at the federal level was wide — and it was getting wider with each passing year. The analysis by the Congressional Research Service ("CSR") was 101 pages long and covered several aspects connected to the marijuana industry in the country. For example, the document points out how the policy schism has affected cannabis banking. The researchers say that because of the federal classification of…

TuesdayMay 03, 2022 4:20 pm

420 with CNW — Cannabis Growers Could Be Left Out of California Drought Plan

As another record-setting dry summer approaches, marijuana cultivators are on the brink of being left out of a California program aimed at assisting growers while preserving water resources. The plan, suggested by state governor Gavin Newsom, aims at injecting approximately $268 million into paying various farmers so that they leave their fields to fallow during summer. However, marijuana cultivators haven’t been included in the proposal being discussed to pay growers not to plant anything during summer. The state government is working with the largest providers of water in a bid to ease the rate at which water resources will be…

TuesdayMay 03, 2022 4:20 am

420 with CNW — Top Four American Cities for Marijuana Lovers in 2022

The rise of telecommuting has created opportunities to live anywhere people fancy, and many have taken on the nomadic lifestyle thanks to virtual work. Whether you would like to move to start a new job or just want to go to another place and start over after the pandemic, here are some cities that you can consider moving to if you would like a place to call home that welcomes marijuana lovers. Ann Arbor, Michigan If you are tired of the hustle and bustle of major metropolitan cities such as New York City and you would like a vibrant smaller…

MondayMay 02, 2022 4:20 pm

420 with CNW — New App Can Reveal Potential Interactions Between Medications, Cannabinoids

A newly developed application can enable pharmacists as well as other medical professionals to enhance patient safety. This can be achieved by using the app to predict how cannabinoids, such as those found in medical cannabis, may interact with any other medications that a patient is taking. Researchers at Penn State University developed the app, called CANNabinoid Drug Interaction Review (CANN-DIR). The app works by evaluating how various cannabinoids, including THC and CBD, found in different over-the-counter or prescription medical cannabis products interact with the other medicines that a patient is taking. The app has a database containing the common…

MondayMay 02, 2022 4:20 am

420 with CNW — New Jersey AG’s Memo Sparks Controversy Regarding Off-Duty Use of Marijuana by Police

The state of New Jersey recently launched its adult-use recreational marijuana market. While adult residents and visitors were thrilled to finally be able to buy cannabis legally, a memo written by the attorney general of the state regarding off-duty police officers’ use of marijuana sparked controversy. In the memo, Mathew Platkin clarified that according to the existing marijuana laws in New Jersey, police officers shouldn’t be penalized in any way if they use cannabis during their off-duty hours. There was immediate pushback from different quarters once this memo went public. For example, the Democratic speaker of the state assembly, Craig…

FridayApr 29, 2022 4:20 pm

420 with CNW — New Report Projects Annual Tax Earnings of $375M If Ohio Legalizes Marijuana

According to research coming out of Ohio State University, Ohio stands to earn about $375 million tax revenue each year if the state legalizes recreational marijuana. This study, whose findings were published in time for the unofficial 4/20 marijuana holiday, relied on estimates of possible taxes to be levied if the legalization proposal is adopted as-is. The team of researchers looked at the estimated population growth rate and annual tax revenue from half a dozen states with adult-use cannabis markets. The states looked at included Nevada, Michigan, Illinois, Colorado, Washington and Oregon. The team also analyzed the proposed taxes included…

FridayApr 29, 2022 4:20 am

420 with CNW — Bipartisan State AGs Send Letter to Senate Leaders Demanding Cannabis Banking Law

A bipartisan pair of attorneys general from Ohio and Colorado recently penned a letter to the leaders of the U.S. Senate urging the chamber to quickly pass a bill protecting financial institutions that accept marijuana businesses as clients in states that have regulated marijuana markets. This letter from Ohio AG Dave Yost and Colorado AG Philip Weiser is the latest in a series of communications imploring legislators to expeditiously pass the SAFE Banking Act, which seems to be caught in a vicious cycle of being passed by the House of Representatives and then stalling in the Senate. The two attorneys…