420 with CNW Archives - Page 179 of 301

FridayMar 26, 2021 4:20 pm

420 with CNW — How Data Analytics Is Proving Invaluable in the Marijuana Industry

After decades of prohibition, marijuana is finally legal in some form in more than 30 states. The industry has made impressive progress, creating thousands of job opportunities and providing states with millions of dollars in much-needed tax revenue. With Democrats now controlling the Senate, House and White House, the country may see lawmakers pass federal cannabis legislation in the next few years, removing most of the roadblocks that have kept the industry from advancing and ensuring its growth. Aside from access to financial service, one factor that will redefine the industry as it grows and matures is data analytics (“DA”).…

FridayMar 26, 2021 4:20 am

420 with CNW — First On-Site Cannabis Consumption Lounge to Open Soon in Illinois

The state of Illinois’ marijuana market is booming with data showing that last year the state sold more than $1 billion worth of legal marijuana both from recreational and medical marijuana purchases. Projections indicate that those sales figures will only keep growing as the market grows and consumption of marijuana products increases. Currently, officials in the state are rolling back on the rules and restrictions that were imposed at the height of the COVID-19 pandemic to help control the virus spread. With vaccines being rolled out, more and more bar and restaurant operators are launching new projects. One of these…

ThursdayMar 25, 2021 4:20 pm

420 with CNW — Delaware Legislators Introduce Bill to Legalize Marijuana

States that have legalized cannabis have seen lots of benefits, including the creation of thousands of jobs and millions of dollars in tax revenue. On top of that, most states have also focused on social equity, expunging the records of people with prior nonviolent cannabis-related convictions and giving individuals affected by the failed war on drugs a leg up in their respective cannabis industries. That is what a bill recently introduced by Delaware lawmakers seeks to achieve, despite the fact that the state governor isn’t a fan of recreational marijuana. The legislation would create a regulated cannabis market in the…

ThursdayMar 25, 2021 4:20 am

420 with CNW — Florida Legislators Consider Limiting Potency of Medical Cannabis

A legislation whose objective is to limit the amount of THC found in medical marijuana may soon advance to the house floor, despite opposition from medical professionals. Republican Rep. Spencer Roach, who sponsored the legislation, stated that the goal of House Bill 1455 was to regulate the medical marijuana industry in the state of Florida. The bill would not only impose advertising restrictions on physicians who administer medical marijuana but also limit the amount of marijuana a treatment center could dispense over a particular period of time. One provision in the measure that seems to be drawing the most resistance…

WednesdayMar 24, 2021 4:20 pm

420 with CNW — Key Congressman Reveals Cannabis Banking Will Be Handled Before Legalization Is Considered

America’s state-legal cannabis industry has had quite a run, creating thousands of job opportunities, providing states with millions of dollars in tax revenue, and changing the lives of thousands of individuals with prior cannabis-related offenses. Despite achieving so much in a relatively short time, the sector has a lot stacked against it due to its status as a controlled substance at the federal level. One major challenge the industry has faced so far is lack of access to financial services, as banks and lending institutions shy away from working with cannabis businesses. According to a Congressman who has been an…

WednesdayMar 24, 2021 4:20 am

420 with CNW — Study Finds That Marijuana May Reduce Blood Pressure in Older Individuals

After decades of prohibition, several states in the country have been decriminalizing cannabis and setting up legal markets. Encouraged by research and anecdotal evidence about marijuana’s numerous potential medical benefits, thousands of people have been turning to the controversial plant to cure what ails them, often with encouraging results. Cannabis has been found to be effective against chronic pain, inflammation, neurological and mental disorders as well as sleep disorders. A new study from Negrev, Israel, has come to a conclusion that could have major implications for millions of Americans. Noticing an increase in the number of older people who were…

TuesdayMar 23, 2021 4:20 pm

420 with CNW — The Different Forms of THC and the Benefits They Possess

If you’ve heard of CBD, then you’ve probably heard of THC too. THC, known as tetrahydrocannabinol, holds the psychoactive properties of cannabis and is the dominant compound found in the plant. This, together with its many potential medical benefits, make it the most popular marijuana compound. Did you know, however, that there are tour types of THC that occur naturally in marijuana? The major types are Delta 9 THC, Delta 8THC, THCV and THCA. There also exists a manmade form of THC, known as Delta 10 THC. All these THC types have varying therapeutic potentials and are chemically unique. We…

TuesdayMar 23, 2021 4:20 am

420 with CNW — SD Supreme Court Starts Hearing Voided Marijuana Ballot Measure Case

Cannabis reform advocates in South Dakota are fighting a battle that could ultimately determine the state’s ballot initiative process. On Nov. 3, 2021, South Dakotans voted to pass Amendment A and Measure 26, legislation that would have legalized the recreational and medical use of cannabis respectively, making South Dakota the first state to pass both medical and recreational cannabis measures at the same time. Long before cannabis sales could start, however, a state circuit judge declared the amendment legalizing recreational cannabis unconstitutional in January and voided it. With the state Supreme Court now considering whether or not the voter-passed initiative…

MondayMar 22, 2021 4:20 pm

420 with CNW — NY Medical Cannabis Firms Propose That Legislature Allow Them to Kick-Start Recreational Market

As the state of New York contemplates legalizing cannabis for recreational use, medical marijuana companies are working on persuading the state’s legislature to afford them a stake in the new market. Rather than wait for new marijuana growers to begin from the ground up, the medical marijuana companies stated that they could utilize their already existing infrastructure to provide the new market with a boost. The New York Medical Cannabis Industry commissioned a pair of reports that assert that allowing medical marijuana firms into the recreational marijuana market in the state as soon as possible would jumpstart new employment opportunities…

MondayMar 22, 2021 4:20 am

420 with CNW — Wyoming House Committee Passes Republican-Sponsored Cannabis Legalization Bill

Last week, a Wyoming House committee passed a legislation to legalize cannabis and discussed another proposal that would require that state agencies research and issue recommendations on allowing medical marijuana.The adult-use legalization bill’s lead sponsor is the chair of the Judiciary Committee. The legislation would allow individuals aged 21 and above to buy and possess up to 3 cannabis ounces and grow up to 12 mature cannabis plants for personal use. The proposal, which was co-sponsored by other top Republican legislators and the House speaker, got a 6-3 vote after receiving testimonies from the public and state agencies, which included…

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