TuesdayJun 15, 2021 4:20 pm

420 with CNW — AI Could Help Despite Shortage of Cannabis Data

Even though cannabis has been legal for either medical or recreational use in several states for years now, its status as a classified drug at the federal level has been a constant thorn in the state-legal cannabis industry's side. Not only has this made navigating the business and financial world extremely challenging for cannabis businesses, but it has made any sort of research into cannabis nearly impossible. With the young cannabis sector growing bigger every year, the lack of scientific data on marijuana poses a major problem, especially in regards to medical cannabis. Cannabis produces more than 100 compounds called…

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TuesdayJun 15, 2021 4:20 am

420 with CNW — Marijuana Extracts: The New Focus of the Marijuana Industry

As the global marijuana industry continues growing, major businesses are partnering with companies in the industry, conducting research and exploring marijuana in an attempt to develop new product lines for the medical and recreational segments of the industry. In addition, regulatory changes are being made through supportive federal legislative action in the marijuana space allowing marijuana extraction companies to grab innovative economic investment opportunities as well as develop a new generation of edibles. Estimates show that by 2026, the global marijuana industry will reach $97 billion, with a compounded annual growth rate of roughly 32% in that period. However, while…

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MondayJun 14, 2021 4:20 pm

420 with CNW — Federally Funded Research Concludes Testing THC Level to Detect Driver Impairment Is Unreliable

In a bid to reduce the rates of impaired driving as cannabis becomes more accessible, several states have set THC thresholds that bar individuals who have more than a certain amount of THC in their system from driving. The thinking is that, as with alcohol, higher levels of THC in the blood are directly responsible for higher levels of impairment, and establishing a threshold gives law enforcement officials a standard for which they can test to see how impaired an individual is. While it is a noble policy that's geared towards ensuring safety on the roads, cannabis proponents have long…

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MondayJun 14, 2021 4:20 am

420 with CNW — Cannabis Boom Revives Storefronts, Factories; Brings Jobs to Michigan

Before the state of Michigan legalized marijuana, various areas in the Southwest were filled with empty storefronts and warehouses. However, the plant’s legalization brought with it marijuana-industry investors into the state who were looking for locations to process and grow plants, as well as establish dispensaries. City leaders in southwest Michigan state that the marijuana industry has brought more than 10 years’ worth of redevelopment to the area, adding that even more projects are scheduled to begin in the next year or so. In the last two years alone, the sum investment in equipment and buildings in Buchanan and Niles…

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FridayJun 11, 2021 4:20 pm

420 with CNW — UC San Diego Research Explores Cannabis Use Against Migraines

Long before America had a growing state-legal cannabis sector, regular users claimed the controversial drug was a great pain relief option. With more than 30 states now allowing the use of medical marijuana, thousands of patients have been able to get a taste of cannabis' alleged pain-relief abilities. However, due to marijuana's controlled status at the federal level, researchers have been unable to have a more conclusive look at its purported medical abilities — until recently. Now, a group of researchers at UC San Diego is taking advantage of its state's pro-cannabis legislation to launch the first placebo-controlled study into how…

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FridayJun 11, 2021 4:20 am

420 with CNW — Genetic Testing May Help Transform the Marijuana Sector

Recent research conducted by CSO and president of EVIO Labs Inc. (OTC: EVIO) Anthony Smith and M.J. Murdock Metabolomics Lab director Bernd Markus Lange, together with their colleagues, may be useful to marijuana consumers, producers and breeders. The researchers examined various data sets to differentiate marijuana strains. Each strain of marijuana contains different concentrations of cannabinoids, including CBD, which is nonpsychoactive, and THC, which is psychoactive. This allows consumers to choose marijuana based on desired effects, such as particular aromas and relaxation. However, the genetic information that makes up these differences isn’t well understood. This is why the researchers’ discoveries…

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ThursdayJun 10, 2021 4:20 am

420 with CNW — Study Finds Medical Cannabis Containing THC Can Work Better Than Cannabidiol

The past decade has seen medical cannabis become exceedingly popular as more than 30 states have passed legislation allowing qualifying patients to use marijuana for medical purposes. Consequently, there has been increased, although still limited, research into marijuana's medical potential, and one theory has almost become a fact in many people's minds. THC (delta-9 tetrahydrocannabinol), the main psychoactive agent in cannabis, has been unofficially dubbed the fun cannabinoid that has barely any medicinal properties and gets users high while CBD (cannabidiol) is the medical powerhouse responsible for marijuana's purported medical abilities. Most of state-legal medical cannabis programs only allow cannabis…

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WednesdayJun 09, 2021 4:20 pm

420 with CNW — Demand for Cannabis Beverages Seems Poised to Explode

A report released by Headset in March stated that advancements in marijuana infusion technology and the introduction of new brands into the market would boost cannabis beverage sales. The marijuana analytics firm noted that since the start of last year, cannabis beverage purchases had grown rapidly in Canada, making up roughly 4% of overall purchases. At the moment, the cannabis beverage market is filled with numerous SME craft companies. Many large-scale manufacturers of alcoholic manufacturers are keen to enter the market, with most of them working to develop new products. For instance, Heineken recently introduced to the market Hi-Fi Hops…

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WednesdayJun 09, 2021 4:20 am

420 with CNW — Nevada Legislature Sends Cannabis Consumption Lounge Bill to Governor

Cannabis reform advocates in Nevada may soon be treated with good news after the state legislature sent a bill that would legalize cannabis consumption lounges to the governor's desk. Sponsored by Speaker Pro Tempore Steve Yeager, the legislation would create two new cannabis licensing categories, one for retail cannabis consumption lounges and the other for independent cannabis consumption lounges. The bill advanced through a state assembly committee in early April and was passed by the Nevada Assembly in late May before heading to the Senate for final approval. Last week, the Senate overwhelmingly passed the bill in a 17–3 vote…

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TuesdayJun 08, 2021 4:20 pm

420 with CNW — Projections Show Oregon’s Cannabis Market May Grow Stronger

Despite the effect of the coronavirus pandemic on various industries, the cannabis industry in Oregon has persisted, with forecasts showing that cannabis sales will continue to increase. An economic forecast report released by analysts with the Office of Economic Analysis in the state’s Department of Administrative Service stated that while cannabis sales in the winter aligned with forecasts, sales in the recent months had grown. The report notes that it isn’t clear whether the cannabis sales data shows increased spending power from stimulus checks that were sent out in March or a growth in demand for marijuana products. It does…

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