WednesdayOct 06, 2021 4:20 pm

420 with CNW — What Could the Future Hold for the UK’s CBD Sector?

The past couple of years have seen cannabidiol (“CBD”), a hemp extract that's said to be filled with potent medicinal properties, become immensely popular in several territories across the world. Most countries with legal CBD markets legalized the hemp extract within the past decade, and as a whole, the industry still hasn't been properly regulated. The United Kingdom's CBD market is underregulated and over restricted, mirroring the legislative situation in most CBD markets around the world. However, around 6 million people in the UK have used CBD in some form, and the market is poised for explosive growth as even…

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WednesdayOct 06, 2021 4:25 am

420 with CNW — State Departments of Agriculture Demand Expansion of Federal Hemp Cultivation Grants

More than six years after hemp pilot programs were launched by the 2014 Farm Bill, the nascent sector is still plagued by patchwork state legislations and little if any federal regulation. As more farmers dip their toes into the hemp space and it becomes more lucrative, industry players and  lawmakers alike have consistently urged the U.S. Department of Agriculture (“USDA”) to craft standardized hemp rules. Now, the National Association of State Departments of Agriculture (“NASDA”) is asking the USDA to expand hemp farmers' access to federal grants by allowing for two different classifications based on its intended use. This comes…

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TuesdayOct 05, 2021 4:20 pm

420 with CNW — What Are Cannabidiol Crystals?

Cannabis has become popular in the last few years, as more states across the country legalize it for both recreational and medical use. The plant has more than 100 compounds, with roughly 80 of them being classified as cannabinoids. CBD is one of the two main cannabinoid compounds found in the marijuana plant; the other one is THC, which has psychoactive properties that induce a marijuana high. THC is found in high concentrations in most cannabis strains. CBD, or cannabidiol, has numerous potential health benefits. In its pure form, CBD is known as CBD isolate or CBD crystals. Below, we…

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TuesdayOct 05, 2021 4:25 am

420 with CNW — Study Finds Cannabis Abuse Hasn’t Increased in States with Legalized Recreational Cannabis Use

A study published earlier this week found that cannabis abuse hasn’t risen in states that have enacted laws to legalize recreational cannabis. The study assessed the impact of recreational cannabis laws on the use of cannabis across ethnic and racial groups, tracking trends in usage between 2008 and 2020. For the study, the researchers analyzed data collected from more than 80,000 individuals. Researchers discovered that less than 2% of individuals living in states that have enacted enabling laws for the recreational use of cannabis have been given a cannabis use disorder diagnosis. This is in contrast to the number of…

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MondayOct 04, 2021 4:20 pm

420 with CNW — House Could Vote on Federal Cannabis Legalization Bill Next Week

America's state-legal cannabis industry has been on quite a roll for the past couple of years. More than 30 states now allow medical marijuana, 17 states have legalized recreational cannabis, and the industry has generated billions of dollars in revenue. On top of that, it has created hundreds of thousands of new jobs, providing individuals and the state with revenue during the coronavirus pandemic while other industries struggled to stay afloat. Lawmakers have now set their eyes on federal legalization, especially now that the Senate, House and White House are under the control of the Democrats. Just a day after…

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MondayOct 04, 2021 4:25 am

420 with CNW — Federal Report Finds More Financial Institutions Are Working with Cannabis Businesses

Recently released federal data shows that the number of credit unions and banks working with cannabis businesses has increased in the last quarter. Figures show that by the end of June 2021, 706 financial institutions were actively serving marijuana clients. This is a slight increase from the 687 institutions recorded in the previous quarter. The data, which was released by the Financial Crimes Enforcement Network, comes at a time when legislators are calling for Congress to protect credit unions and banks that work with the marijuana industry from penalties imposed by federal regulators. This is despite the 2014 Financial Crimes…

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FridayOct 01, 2021 4:20 pm

420 with CNW — Canadian Marijuana Sector Demands Changes to Policies Stifling Infused Drinks

The cannabis beverages segment has been receiving plenty of attention since 2020 when the first cannabis-infused drinks hit the market. Thanks to nano-emulsification technology, cannabis companies can now develop smoothly infused products consistently, a feat that gave them trouble in the segment's early days. But, although cannabis technology has reached a level where customers can expect high-quality cannabis beverages, companies now have to deal with legislations that are inadvertently harming the young industry. In Canada, restrictive cannabis regulations are preventing industry players from selling cannabis drinks in a familiar way and attracting new customers who would not have purchased cannabis…

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FridayOct 01, 2021 4:20 am

420 with CNW — Marijuana Sector Employs Thousands from Restaurant, Retail Segments

A report has found that about 320,000 Americans are working in the cannabis industry. This represents a more than 30% increase from 2020 figures, making cannabis one of the country’s fastest-growing sectors. This also means that the United States has more legal marijuana workers than electrical engineers, paramedics or dentists. The marijuana industry has grown significantly since last year when cultivation facilities and dispensaries were classified as essential businesses by various states at the onset of the coronavirus pandemic. Published in partnership with Whitney Economics, the Leafly Jobs Report shows that in 2020, the industry added about 80,000 jobs to…

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ThursdaySep 30, 2021 4:20 pm

420 with CNW — Researchers Investigate Whether CBD May Help Treat Oral Ulcers

Ever since the 2018 Farm Bill legalized the cultivation and sale of industrial hemp and its derivatives, the demand for cannabidiol (“CBD”), a hemp extract claimed to be full of potent medicinal properties, has skyrocketed. Plenty of people around the country have been using CBD to alleviate a wide variety of health issues including pain, anxiety, and skin conditions such as acne and psoriasis, among others. As the nascent CBD industry grows every year, scientists around the world have been avidly studying the cannabinoid to see just how much medical potential it holds. A recent study by researchers from Sichuan…

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ThursdaySep 30, 2021 4:20 am

420 with CNW — Growing Numbers of Menopausal Women Resort to Cannabis for Symptomatic Relief

Between the ages of 45 to 55, most women will experience menopause as their estrogen levels steadily decline. One in 100 women will start going through this inevitable stage of life before they hit age 40. Regardless of when menopause starts, the symptoms associated with it are similar across the board. They include irregular periods, chills, hot flashes, night sweats, sleep problems, mood changes and weight gain among others. Although some medications are proven to help women weather these symptoms, an increasing number of women have been turning to cannabis for this purpose. According to a new study, a “good…

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