420 with CNW Archives - Page 200 of 297

TuesdaySep 15, 2020 4:20 am

420 with CNW – Data Suggests Colorado Marijuana Users are Transitioning from Consumers to Patients

Six years after Colorado legalized adult recreational use of cannabis and amidst the largest health and economic crisis in a century, the state’s cannabis industry is flourishing. June saw recreational marijuana shops sell more than $155 million worth of cannabis products, a 6% increase from the $149,186,615 worth of cannabis products sold in May. July was even more profitable with the state reporting $42 million in medical marijuana revenues and $164.2 million from recreational marijuana for total monthly sales of $206.7 million. Colorado is representative of the entire country’s cannabis industry: it was declared essential at the start of the…

MondaySep 14, 2020 4:20 pm

420 with CNW – Affordable Deals Drive Ohio Residents to Michigan to Purchase Medical Marijuana

Michigan has a new consumer market: Ohio’s medical cannabis patients and no, it’s not because their marijuana is better or of a higher quality. Only because it’s cheaper. Marijuana card holders from Ohio have revealed numerous times that they only travel to the cannabis clinics up north in Michigan to save money. One medical marijuana patient recently stated in an interview that most Ohio clinics charged double the price that dispensaries in Michigan did. Another cannabis card holder, George McClure, admitted to going to Michigan dispensaries as they were far cheaper, even after factoring in the amount he’d spend to…

MondaySep 14, 2020 4:20 am

420 with CNW – Illinois Social Equity Applicants Want Marijuana License Lottery Delayed

It is widely known that the decades’ long war on drugs wreaked havoc on certain communities. In fact, when advocates started pushing for the decriminalization of marijuana way back, one of their biggest objectives was to help communities that had been adversely affected by the war on drugs. For most states that legalized cannabis, that included granting more cannabis dispensary licenses to minorities that qualified for social equity as well as expunging the records of those with marijuana-related charges. Illinois’ legal cannabis program was no different. The state’s recreational cannabis law required that people with low-level marijuana convictions have their…

FridaySep 11, 2020 4:20 pm

420 with CNW – Federal Report Reveals Few Banks Worked with Cannabis Businesses Amidst the Pandemic

The latest data from the federal government shows that in the last fiscal quarter, few financial institutions are servicing firms in the cannabis industry. In fact, the number is said to have declined. Last week, a report released by the Financial Crimes Enforcement Network showed that 695 credit unions and banks were working with legal marijuana businesses at June’s end. However, in the previous quarter, the number was 710, showing a clear decline. What then, is behind the apparent decline? COVID-19 is one of the culprits. The coronavirus pandemic has affected many economies globally, with most businesses either going bankrupt…

FridaySep 11, 2020 4:20 am

420 with CNW – Congressional Bill Seeks to Allow CBD and Other Hemp Ingredients to Be Sold as Supplements

Two congressmen have introduced a bill that would allow CBD and other hemp extracts to be marketed and sold as dietary supplements. Sponsored by Reps. Kurt Schrader and Morgan Griffith, the bipartisan legislation would make it clear that Congress intends on making federally regulated CBD and other hemp products available to American consumers. Although industrial hemp and its extracts were legalized in December 2018, the nascent industry lacks a national regulatory framework. The new bill seeks to clear the legal confusion around CBD and allow licensed retailers to sell CBD products. “Hemp was historically an important crop for Virginia farmers,…

ThursdaySep 10, 2020 4:20 pm

420 with CNW – Research Finds Cannabis Use Has Grown Among Baby Boomers

A recent study that was published in the Annals of Internal Medicine last Monday, shows that the use of cannabis among people aged between 56 and 74, is on the rise in America, with men in the lead. The baby boomer generation which makes up people aged between 56 and 74, refers to people who were born between the year 1946 and 1964. They make up about 20% of the world’s population, mostly in developed nations. The study’s co-author, Bill Jesdale, suggests that the attitudes toward marijuana in the country seem to be changing. Bill Jesdale, who also works at…

ThursdaySep 10, 2020 4:20 am

420 with CNW – Bags of Marijuana Rain on Tel Aviv Streets

Residents of Tel Aviv were treated to a rare sight last Thursday after drones dropped hundreds of small bags of cannabis over the infamous Rabin Square. Dozens of people watched curiously as the small packets of cannabis floated down to the ground, with some even running into the streets to collect as many bags as they could carry. The illegal consignment of marijuana was delivered by a group called Green Drone, which announced to its followers on Telegram that it was the start of an ongoing “rain of cannabis.” “It’s time my dear brothers. Is it a bird? Is it…

WednesdaySep 09, 2020 4:20 pm

420 with CNW – Survey Finds 81% Support for Marijuana Legalization in Mississippi

As the November 3 ballot approaches, drug reform advocates in Mississippi will be happy to know that a majority of the state’s potential voters support the legalization of medical marijuana. After conducting telephone surveys with 600 Mississippians likely to vote in the November 2020 general election, California-based research company FM3 Research found out that 81% of them supported medical marijuana. “In principle, four in five (81%) Mississippi voters support doctors being able to recommend medical marijuana to patients with medical conditions and serious illnesses, and more than two thirds (68%) do so strongly,” writes the firm in a key findings…

WednesdaySep 09, 2020 4:20 am

420 with CNW – Marijuana Advocates Help Congress Draft Bill to Prevent Impaired Driving

A well-known cannabis advocacy group, in association with the National Organization for the Reform of Marijuana Laws helped draft a new congressional bill whose objective is to combat drug-impaired driving. The legislation was filed on Friday by Representative Kathleen Maura Rice (D-NY) and Troy Balderson (R-OH). The legislation would also establish a $5 million annual federal grant to be used to further advocate for public education on drug-impaired driving. Those who oppose cannabis legalization often claim that its legalization would increase occurrences of impaired driving despite the lack of evidence to back their claims. Last year, it was also determined…

TuesdaySep 08, 2020 4:20 pm

420 with CNW – Hemp-Based Meat: The future of Plant-Based Diets

The Sustainable Food Co. from New Zealand, a zero-waste catering company, has developed hemp-based meat, the first of its kind in the world. It plans to introduce it to the market as a sustainable substitute to meat in early 2021. This company is also the producer of other plant-based meats. Some of these plant-based meats have hemp in them for its nutritional value. The company will roll out its hemp-based burgers in collaboration with Greenfern Industries, a medical marijuana producer, through its Craft Meat Co. brand. Kyran Rei, the co-founder of Sustainable Food Co. revealed in an interview earlier this…