420 with CNW Archives - Page 192 of 310

TuesdayFeb 23, 2021 4:20 pm

420 with CNW — An Overview of Cannabis Legislation Approved Last Week Across the US

The past week has been quite a busy time for cannabis reform. Lawmakers recently tabled a bill seeking to legalize cannabis at the federal level, while legislators from four states approved new marijuana legalization bills in various committees. In the wake of last year’s slew of cannabis reform victories at the state level, legislators have been keen on cannabis legalization, whether by leveraging the momentum of the state-level legislation or by getting ahead of campaigners to craft their own cannabis legislation rather than wait for policy change through the ballot. In Hawaii, the Senate Committee responsible for Intergovernmental, Public Safety…

TuesdayFeb 23, 2021 4:20 am

420 with CNW — CBD Added to EU Database of Accepted Cosmetic Ingredients

Although cannabidiol (“CBD”) has enjoyed immense popularity in the past couple of years, the hemp extract is still barely regulated in most territories. In the United States, different states have different CBD regulations, and the situation isn’t any different in Europe. However, the European Union has moved a step closer towards standard legislation after CBD was added as a cosmetic ingredient in the EU’s database. The EU’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs added CBD to its CosIng guidelines as a cosmetic ingredient. This revision to the guidelines comes after the Court of Justice of the European Union…

MondayFeb 22, 2021 4:20 pm

420 with CNW — The Reddit Effect Takes Marijuana Stocks to a New High

Marijuana stocks are the latest stocks to experience the brief high driven by exposure on Reddit. This year, social media has demonstrated that it can be a powerful driver of retail, which has left analysts and investors wondering which company may be the next GameStop (NYSE: GME) According to data provided by Quiver Quantitative, three of the five most-discussed companies on the r/WallStreetBets group on Reddit last week were marijuana stocks, which would explain why the focus moved to marijuana stocks. According to Vanda Research, money followed shortly after, with retail investors pouring in ore than $440 million into marijuana…

MondayFeb 22, 2021 4:20 am

420 with CNW — Medical Marijuana Shares Off to a Great Start on London Stock Exchange

Marijuana shares in the UK have been rising quickly, with investors now looking toward a new investment class in the market: medical marijuana shares. Last week, MGC Pharma, which is London’s first marijuana stock, debuted on the London Stock Exchange. The firm raised £6.5 million ($9 million) on its premiere, with the stock moving to 4.25p (59 cents) a share from a 1.475p (25 cents) per share opening price. This left the company with a market cap of more than £75 million ($104 million). In a way, the increase in the London stock mirrored the American market, when investors from…

FridayFeb 19, 2021 4:20 pm

420 with CNW — Why Cannabis Concentrate Sales Are Booming

Despite a pandemic ravaging the global economy last year, the cannabis industry survived relatively unscathed. In most states where legal marijuana markets categorized the controversial crop as essential, cannabis sellers were allowed to continue their operations amid lockdown orders. But while cannabis flower enjoyed consistently high sales numbers, cannabis concentrates were also carving out a market for themselves. Comparing sales data collected from January to November 2020 to data collected over the same period the year before, data analytics firm Headset found that there was a 40% surge in marijuana concentrate sales in states such as Colorado, Nevada, California and…

FridayFeb 19, 2021 4:20 am

420 with CNW — Goldleaf Guided Journals: The Best for At-Home Marijuana Growers

If you have an obsession with buying notebooks, or just like them generally, and you also like and grow your own medical cannabis, then a Goldleaf guided journal may be perfect for you. A Goldleaf guided journal is a minimalist notebook for marijuana home-growers as well asrecreational and medical users of the plant. Each journal comes with industry and medical advice supported by experts, ideal information for individuals who may be looking to deepen their understanding about the medicinal plant. In particular, the grow planner adheres to marijuana farmers’ tradition of taking comprehensive notes to help compare the failures and…

ThursdayFeb 18, 2021 4:20 pm

420 with CNW — Appeals Court Rules That Probationers in Michigan Can Use Medical Cannabis

In June 2019, 39-year-old Michael Thue was involved in a road rage incident, ultimately pleading guilty to assault and battery. Thue, who is a state-registered medical cannabis patient, was given a year of probation as part of his sentence and ordered not to use medical marijuana during the year of probation. He fought the bond condition, lost and took the case to the Court of Appeals, resulting in a historic and precedent-setting ruling by the court. The Court of Appeal judges unanimously ruled in a 3–0 vote that Michigan judges could not prevent state-registered medical marijuana patients from using medical…

ThursdayFeb 18, 2021 4:20 am

420 with CNW — Iowa Legislators Pass Bill Slashing Fees Paid by Medical Cannabis Patients

Thanks to a new bill advancing in the Iowa Senate, Iowans may soon be paying only $10 every year in medical cannabis license fees instead of the $100 a year they currently pay. The bill will also allow the licensing of more medical cannabis dispensaries beyond the five currently allowed by law as well as the creation of mobile dispensaries to cater to the state’s medical marijuana patients. Additionally, Senate Bill 1177 will allow medical cannabis dispensaries to recommend physicians who can prescribe medical cannabis to patients, something current law prohibits. However, a subcommittee of the Senate noted that lawmakers…

WednesdayFeb 17, 2021 4:20 pm

420 with CNW — Utah Introduces New Bills to Improve Medical Marijuana Program

Two bills in Utah’s state legislature may bring change to the state’s medical marijuana program. Since the state’s voters passed a bill approving medical marijuana in 2018, the medical program has slowly started progressing. However, it has faced various challenges, which legislators have tried addressing through legislations. One of the legislations follows 2019 research conducted by FOX 13, which discovered that patients who qualify to use medical cannabis find it hard to find doctors who will prescribe it. This has caused many individuals frustration and also allowed the development of specialized medical marijuana clinics, which charge unreasonably high prices because…

WednesdayFeb 17, 2021 4:20 am

420 with CNW — Senate Leaders Have First Meeting to Discuss Cannabis Legalization Plan

The past few years have seen several states legalize recreational or medical cannabis. By 2020, more than 30 states allowed cannabis in various forms, and there was hope that eventually the wave of cannabis reform would reach the federal level. Toward the end of the year, the U.S. House of Representatives passed a cannabis decriminalization bill that would definitely have stalled in the then Republican-controlled Senate. However, the Democrats clinched both the House and Senate majority, renewing the hope that one day, cannabis would be legal at the federal level. In late January, Senate Majority leader Chuck Schumer hosted a…