420 with CNW Archives - Page 174 of 301

MondayMay 03, 2021 4:20 pm

420 with CNW — Statistics Show Marijuana Industry Registering Increases in Employee Compensation

Despite its relative youth, the state legal cannabis industry has proven to be quite profitable. The sector has provided states with millions of dollars in tax revenue at a time when their coffers were running dry and employs hundreds of thousands of Americans across the country. According to a new report, marijuana's soaring success over the last few years has resulted in year-over-year increases in compensation packages for most lower-, mid-, and top-level employees. Additionally, the marijuana industry is much more disciplined with pay compared to how some companies acted three to four years ago, says Dan Walter, a compensation…

MondayMay 03, 2021 4:20 am

420 with CNW — Ways Marijuana Extraction Companies Can Minimize Energy Costs

Power costs are among the highest costs for any facility that manufactures marijuana. The cannabis industry’s energy consumption has a negative effect on climate change as well as the environment. For environmentally conscious marijuana extraction companies that would prefer to operate in a more sustainable manner, decreasing energy use should be a top priority. To decrease their power consumption and costs, marijuana extraction companies can: Make use of manufacturing environmental standards that increase efficiency and decrease waste. Use equipment that keeps power consumption under control. Operate their machines during off-peak hours when electricity costs are lower. The above tips sound…

FridayApr 30, 2021 4:20 pm

420 with CNW — Montana Senate Passes Cannabis Legalization Bill

Montana is one step closer to allowing recreational marijuana after the State Senate approved a bill that would legalize adult-use cannabis. The legislation first began its journey as MT Initiative 1-190, and it was approved by voters in the 2020 ballot alongside MT Initiative 118, which set the legal age for marijuana consumption at 21. Initiative 190 would create a legal framework for the production and sale of marijuana products to adults in the state. Now that the bill passed its third reading in the State Senate, it will go through one more Senate reading before heading back to the…

FridayApr 30, 2021 4:20 am

420 with CNW — California Nonprofits Secure Funding from Cannabis Sales

Nonprofits in the state of California are receiving a funding boost from a surprising source — the sale of marijuana. For the past couple of years, California has allocated some of the taxes and fees collected from cannabis businesses to a grant program targeting community-based organizations serving populations that have taken the brunt of the failed war on drugs. At the moment, almost $100 million has so far been awarded as grants to nonprofits, and this funding is expected to reach $175 million by May. A typical example of the beneficiaries of this funding is Fathers & Families of San…

ThursdayApr 29, 2021 4:20 pm

420 with CNW — Governor of Connecticut Asks for Cannabis Legalization Advice from New Mexico Governor

Connecticut Gov. Ned Lamont recently asked the governor of New Mexico, Michelle Lujan Grisham, how she managed to get a legal marijuana measure approved in the state’s legislature earlier this month. Lamont is currently working on growing support among legislators for his proposal to legalize cannabis in the state of Connecticut. In a podcast interview, Grisham stated that she told her Connecticut counterpart that separating legalization from associate social justice measures would make it easier to approve both. She explained that it was problematic to put the weight of legalization and social justice proposals on a single new industry approach.…

ThursdayApr 29, 2021 4:20 am

420 with CNW — Congressional Bill Seeks to Allow Cannabis Users the Right to Own Firearms

A legislation that was recently introduced in Congress will exempt marijuana consumers in legalized states from a federal restriction that prohibits unlawful users of a controlled substance from owning a gun. The bill, which was filed last week by a pair of Republican co-sponsors along with Rep. Don Young, has been christened the Gun Rights and Marijuana Act. This exemption will only be applicable to those who don’t violate local marijuana laws but do live in tribal jurisdictions or states that allow the use of cannabis by adults. However, the federal restriction on firearm ownership for consumers of other drugs…

WednesdayApr 28, 2021 4:20 pm

420 with CNW — Supreme Court in Florida Shoots Down Cannabis Legalization Measure

Efforts to legalize recreational cannabis in Florida have hit what is most likely a dead end after the Florida Supreme Court ruled that the state’s most high-profile cannabis reform proposal was misleading. The constitutional ballot initiative, which was sponsored by Make it Legal Florida with the backing of Florida’s medical marijuana industry, would have tasked voters with deciding whether or not Florida should allow adults aged 21 years and older to possess up to two and a half ounces of cannabis. The Make it Legal Florida campaign had collected more than 556,000 signatures out of the 891,589 signatures the initiative…

WednesdayApr 28, 2021 4:20 am

420 with CNW — 3 Bills Seek to Give Cannabis Companies Access to Federal Aid

The state-legal cannabis industry has for years been operating at a disadvantage because of the categorization of cannabis as a controlled substance on the federal level. Although most states with legal cannabis markets deemed the controversial plant essential during the coronavirus pandemic, thus allowing companies in the cannabis space to continue their operations, federal law remains a major thorn in the side of cannabis businesses. Despite providing hundreds of thousands of job opportunities and contributing millions of dollars in much-needed tax revenue to state coffers, these companies remain locked out of federal aid that would have helped them weather the…

TuesdayApr 27, 2021 4:20 pm

420 with CNW — How Various Organizations, Brands Celebrated 4/20

Advocates of marijuana reform as well as enthusiasts celebrated 4/20 in various ways this past Tuesday in different states across the country. Musicians such as the Flaming Lips and Wiz Khalifa also took to their platforms to celebrate this marijuana enthusiasts’ day. For those who may not be familiar with this date, April 20 of each year is an unofficial cannabis holiday. During the 2020 November elections and even earlier this year, even more states legalized cannabis in the country, which brought the total to 16. Many speculate that leaders in Congress may soon introduce laws that end federal prohibition.…

TuesdayApr 27, 2021 4:20 am

420 with CNW — Tips for Getting a Cannabis Business Ready for GMP Certification

With the Democrats currently holding the Senate, House and White House, advocates have their hopes high that the federal government will legalize cannabis. If that were to happen, businesses in the cannabis space would have to deal with a myriad of regulations that legal businesses in other industries have been dealing with all along. For instance, if the federal government legalizes cannabis and allows national and global sales, companies in the space will have to adhere to Global Manufacturing Practices (“GMP”). GMP is a set of cleanliness and safety protocols that manufacturers of consumer packaged goods are required to follow.…