420 with CNW Archives - Page 156 of 301

ThursdaySep 09, 2021 4:20 pm

420 with CNW — Cannabis Trade Groups Submit Formal Comments on Sen. Schumer’s Federal Legalization Measure

Various national cannabis activist groups and trade organizations have submitted formal comments on the draft of the latest federal initiative on cannabis reform, many of which emphasize the need for interstate commerce and lower taxes. The written comments, which were due to the U.S. Senate last week, include more than 150 pages of feedback on the comprehensive reform measure that’s being spearheaded by Democratic Senators Ron Wyden and Cory Booker along with Senate Majority Leader Chuck Schumer. The bill, dubbed the Cannabis Administration and Opportunity Act, would legalize cannabis on a federal basis by allowing states to continue deciding whether…

ThursdaySep 09, 2021 4:20 am

420 with CNW — The Potential Benefits of CBD Skincare Products

You have probably heard of CBD, or cannabidiol, before. Extracted from cannabis or hemp, this chemical compound is said to have a wide variety of medical applications ranging from relieving pain and anxiety to treating seizures in epileptic patients. Thanks to its supposed medical potential, CBD can now be found in myriad wellness and health products, with the skincare industry especially taking a liking to the versatile hemp extract. But just how beneficial are these CBD-infused sunscreens, lip balms, moisturizers, lotions, masks and other skincare offerings? According to Austin Kaz, a co-founder of New York-based Sheabrand, skincare product manufacturers add…

WednesdaySep 08, 2021 4:20 pm

420 with CNW — CBD Cosmetics Market Expected to Expand to $210 Billion by 2028

A recently published report that focused on the burgeoning CBD market estimates that by 2028, the global legal cannabis market will have reached $70.6 billion. Marijuana is one of the largest growth industries on the stock market. However, not all cannabis business segments are equal, with estimates showing that in the near future, some segments will considerably surpass others. One specific segment to watch is the CBD-infused products market. CBD, or cannabidiol, is the nonpsychoactive compound found in the hemp and cannabis plants. It is one of the two most abundant compounds found in the cannabis plant, with the other…

WednesdaySep 08, 2021 4:20 am

420 with CNW — Trials on Marijuana-Based Treatments for Gynecological Conditions to Begin in 2022

Clinical trials to examine the effectiveness and safety of marijuana-based treatments for various gynecological conditions are expected to begin early next year. The trials will evaluate marijuana-based pharmacology products developed by Gynica, a female technology startup company based in Jerusalem. The startup believes that the plant’s active ingredients can help ease painful gynecological conditions, including endometriosis and painful menstruation, which is also known as dysmenorrhea. Traditional treatments, such as hormone therapy, over-the-counter painkillers and surgical intervention. can be inadequate and pose their own health risks, as in the case of endometriosis. Endometriosis is a disorder which causes tissues that normally…

TuesdaySep 07, 2021 4:20 pm

420 with CNW — Low-Potency Cannabis Drinks Look to Dominate Beverages Market

The past few years have seen the cannabis industry grow from essentially nothing to a juggernaut worth billions of dollars in sales. Cannabis edibles have reigned supreme, with CBD gummies being among the most searched for foods online in 2018 thanks, in part, to their discreetness and ease of use. One of the fastest-growing industries in America, the state-legal cannabis sector is constantly in flux, and players in this controversial space are now looking to cash in on a new product that has been gaining more mainstream attention: cannabis beverages. Forget alcohol or your daily cup of coffee — customers have…

TuesdaySep 07, 2021 4:20 am

420 with CNW — California Earmarks $100 Million to Help Cannabis Companies Get Licensed

According to a 2018 report by Arcview and BDS Analytics, California is the largest cannabis market in not only North America but the entire world. The state, which legalized recreational marijuana in November 2016 and medical cannabis in 1996, realized cannabis sales worth $4.4 billion in 2020, even amid the coronavirus pandemic. Despite the size of its legal cannabis market, a large percentage are using provisional licenses, and sales from the illicit market still make up a significant chunk of cannabis sales in the state. California has now set aside $100 million to help cannabis sellers get licenses and hopefully,…

FridaySep 03, 2021 4:20 pm

420 with CNW — How to Identify High-Quality CBD Oil

The popularity of cannabis and its products seems to be growing as more states across the country legalize the plant for medical and/or recreational use. If you’ve been interested in buying/using CBD oil, there are a few things you should keep in mind. For starters, it is important to do your own research and find out more about the CBD oil various companies produce and the quality of each. Even with online reviews, how can you identify high-quality CBD oils that live up to their claims? Below are a few things that may be of help to you. Find out…

FridaySep 03, 2021 4:20 am

420 with CNW — USDA Kick-Starts Hemp Farmer Survey for Better Policy Making

Last week, the National Agricultural Statistics Service revealed that forms for a survey on hemp farmers to be filled out online or via email were being finalized. This comes after the U.S. Department of Agriculture requested permission in July to carry out a survey of hemp farmers. Hemp has been legal in the United States since it was legalized federally under the 2018 Farm Bill. The large-scale survey will help the USDA to better understand the hemp market, which will allow for better policy making. The survey will include questions about the secondary and primary uses for hemp, the prices…

ThursdaySep 02, 2021 4:20 pm

420 with CNW — Top Federal Official Concedes Marijuana Advocates Were Right about Teen Cannabis Use

The road to cannabis reform has been long, tedious and fraught with hurdles. After decades of prohibition, anti-marijuana propaganda and harsh policing, reforming cannabis laws and changing the public’s perception towards cannabis was bound to be a challenge. While reform advocates argued that legalizing cannabis would offer a much-needed reprieve to the minority communities that had suffered the most from the failed war on drugs in addition to creating new jobs and filling state coffers with tax revenue, opponents said that it would inevitably lead to increased drug use, especially among the youth, and promote criminal activity. However, studies have…

ThursdaySep 02, 2021 4:20 am

420 with CNW — Snoop Dogg Urges Sports Leagues to Permit Cannabis Use by Athletes in Lieu of Opioids

Cannabis use among athletes is a controversial topic. Some sporting leagues have adhered to federal law, which classifies cannabis as a Schedule 1 controlled substance, and banned their athletes from consuming marijuana. In the past, professional sporting leagues such as the NBA and the NL tested for cannabis and often imposed punitive measures on athletes who failed these tests. However, the conversation regarding professional sports and cannabis peaked when American sprinter Sha’Carri Richardson was suspended from participating in the Olympics after testing positive for THC, the main psychoactive agent in cannabis. Richardson had consumed cannabis in Oregon where both recreational…