420 with CNW Archives - Page 17 of 298

FridayNov 15, 2024 4:20 pm

420 with CNW — The GOP to Be Tested on its Readiness for Marijuana Policy Reform

With recent shifts in political power, many are questioning if a Republican-led government might better support cannabis reform than one led by Democrats. As former President Donald Trump returns to the White House and Republicans take control of the Senate, the $32 billion U.S. cannabis industry stands at a crucial point, uncertain about the future of legalization. The recent elections delivered three defeats for state-level adult-use cannabis legalization. This shift may signal a transition from state-driven legalization efforts toward a more federal approach in Washington, D.C. Advocates and lobbyists now face the challenge of uniting and presenting a cohesive message…

WednesdayNov 13, 2024 4:20 pm

420 with CNW — Florida Measure to Legalize Recreational Marijuana Fails to Garner Supermajority

A ballot initiative to legalize marijuana for recreational use in Florida failed Tuesday, receiving 55.9% of the vote but falling short of the 60% threshold needed to amend the constitution. The initiative, known as Amendment 3, sought to allow adults over 21 to purchase cannabis for adult use from already-existing medicinal dispensaries, with the potential to extend to other retailers if the Legislature approved. The primary financial backing for Amendment 3 came from Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), Florida’s leading medical cannabis company, which contributed approximately $145 million to the campaign. This made up the great majority of…

MondayNov 11, 2024 4:20 pm

420 with CNW — New Study Says Approximately 6% of Pregnant Women Use Cannabis

Six percent of women reported using cannabis while pregnant, according to a recent study, despite studies indicating that using cannabis during pregnancy can be harmful to both the fetus and the expectant mother. Researchers from the University of Georgia found this concerning as it suggests more than one in every 20 pregnancies may be affected by marijuana use. Most women surveyed seemed to perceive cannabis as a harmless remedy and have turned to it to manage symptoms like morning sickness. According to the study’s lead author, Mohammad Haider, using cannabis for nausea during pregnancy is risky. He emphasized that this…

FridayNov 08, 2024 4:20 pm

420 with CNW — Recreational Marijuana Measure Attracts Heavy Funding on Both Sides in South Dakota

The financial race surrounding the recreational marijuana legalization initiative in South Dakota was highly competitive, with both opponents and supporters gathering nearly equal resources. This set the scene for an intense debate while voters prepared for the November 5 ballot. Both sides have collectively raised around $915,000, showcasing the deeply split opinions across the state on the matter. Advocates for Initiated Measure 29, which aims to legalize the use and sale of cannabis for those aged 21 and over, have secured about $458,000 in funding. The main group pushing for the measure, known as the Yes on 29 Ballot Committee,…

ThursdayNov 07, 2024 4:20 pm

420 with CNW — Gallup Survey Finds US Bipartisan Majority Support for Cannabis Legalization Stable

Support for legalizing cannabis is showing consistent strength across the United States, according to a recent survey by Gallup. The findings highlight that a significant majority of Americans, regardless of political affiliation, continue to endorse marijuana reform. The survey revealed a slight dip in support compared to last year’s figures, but the change falls within the margin of error and is not considered statistically significant, according to a Gallup representative. As voters head into elections where cannabis reform will appear on various state ballots, the poll indicates that 68% are in favor of legalization, while 31% remain opposed. Breaking down…

WednesdayNov 06, 2024 4:20 pm

420 with CNW — Fighters in Nevada Are No Longer Prohibited from Using Marijuana

The Nevada State Athletic Commission (NSAC) recently removed marijuana from its list of prohibited substances. This change means that fighters in the state who possess, use, or consume marijuana products will no longer face penalties for violating anti-doping rules. For years, cannabis was classified as a banned substance, and fighters were often penalized if it was detected in their system. UFC fighters such as Trevin Jones, for example, have seen their victories overturned, changing their records to no-contests due to positive tests for marijuana. Additionally, in 2015 popular fighter Nick Diaz received a severe penalty for marijuana use: a five-year…

TuesdayNov 05, 2024 4:20 pm

420 with CNW — Kentucky’s First Lottery Selects 26 Businesses to Receive Medical Marijuana Licenses

Kentucky is making significant progress toward introducing medical cannabis as an option for healthcare in the state. Recently, 26 businesses were chosen to cultivate and process medical cannabis, which will soon be available for sale across Kentucky. The businesses earned their licenses through a random lottery held at the Kentucky Lottery office in Louisville. Governor Andy Beshear expressed enthusiasm about the milestone, highlighting that all medical marijuana activities—from cultivation and processing to testing and dispensing—will occur within Kentucky. Further, he stated that the lottery was a step closer to providing safe and affordable access to medical marijuana for Kentuckians dealing…

MondayNov 04, 2024 4:20 pm

420 with CNW — New Jersey Marijuana Advocates Discuss the Possibility of Increasing the Fee for Social Equity

Advocates in New Jersey are currently debating whether the state’s Marijuana Regulatory Commission should raise the fee directing revenue from recreational cannabis sales to fund social equity initiatives and support communities affected by past drug policies. The commission is set to meet soon to determine the fee rate that will apply starting January 1. Presently, the fee is set at $1.24 per ounce. Four years since New Jersey legalized recreational cannabis, some advocates argue that it is time to increase the fee to $30 per ounce. New Jersey has some of the lowest marijuana taxation in the nation, according to…

FridayNov 01, 2024 4:20 pm

420 with CNW — Why Cannabis Firms Need to Give Branding Adequate Attention

A troubling tendency has surfaced in states where marijuana markets are regulated: businesses frequently offer their goods using identical or very similar trademarks. This overlap occurs because the United States Patent and Trademark Office (USPTO) prohibits federal trademark safeguarding for cannabis products, as they are illegal at the federal level. In the absence of federal trademark safeguards, marijuana businesses are left with little choice if they want to prevent others from using identical brand names or logos in different states. This situation has created a unique issue in the sector where customers question if a product is from Company A…

ThursdayOct 31, 2024 4:20 pm

420 with CNW — Scientific Review Finds Marijuana Lowers Chronic Nerve Pain

A recent review highlights the promising effects of cannabinoids, a compound in cannabis, in managing persistent nerve pain. According to the research, cannabinoids may offer substantial pain relief with few or no side effects, suggesting a valuable alternative to conventional pain medications for patients dealing with persistent nerve pain. Published in the Cureus journal, the review underscores the positive impact of cannabinoids on pain control, noting their benefits as a more natural option compared to synthetic drugs. This could make cannabinoids an attractive option for people seeking alternatives to traditional medications. The research team, which sifted through numerous studies, narrowed…