420 with CNW Archives - Page 207 of 304

MondaySep 21, 2020 4:20 pm

420 with CNW – How Switching to Hemp Paper Could Result in a Sustainable Future

Despite the fact that we are living in a digital age, the most digital our world has ever been, our paper consumption has grown in the last 2 decades by 126%. Each year, approximately 208 million tons of paper are used globally. Many of these products of paper are single use and after, they are thrown away. So, is there a more environmentally friendly way of making paper that does not involve cutting down billions of trees every year? Yes, paper made from hemp. In early American history, hemp paper was commonly used. However, the legal restrictions that have been…

MondaySep 21, 2020 4:20 am

420 with CNW – How Barcode Labels Improve Marijuana Security and Traceability

Despite being insanely profitable, the nascent cannabis industry still has plenty of kinks to work out. At the moment, the industry lacks a cohesive, nationwide regulatory structure and this has allowed plenty of lower quality products to slip through. Studies have found that a statistically significant portion of cannabis products on the market are either contaminated with heavy metals or do not contain what is stated on their labels. That’s what makes third party testing coupled with barcode labeling so crucial to the industry’s long term survival. Cultivators, processors, and distributors are already required to track their products at every…

FridaySep 18, 2020 4:20 pm

420 with CNW – Vermont Assembly Approves Expanding Marijuana Expungement, Decriminalization Provisions

Last Friday, the Vermont House gave an early approval to a proposal that would issue automatic expungements of cannabis convictions, thus allowing people to possess and also grow more marijuana without the risk of getting jailed for a longer time than is allowed. In the bill, people who have been convicted for cannabis possession for amounts up to 2 ounces, 4 fully grown marijuana plants and 8 immature plants before January 2021 will have their records cleared automatically, and the individuals who are granted expungements will be notified through the mail. Despite the state legalizing possession of up to an…

FridaySep 18, 2020 4:20 am

420 with CNW – Missouri Injects $2.1M from Medical Marijuana Taxes into Veterans’ Health Programs

For most states that legalized either recreational or medical cannabis, earning tax revenue wasn’t the endgame. Although sales tax wouldn’t hurt, especially now that the coronavirus pandemic has drastically affected the economy, plenty of states pledged to use some of the tax revenue derived from cannabis sales to fund social justice initiatives like health programs for military veterans. Missouri was among them, and although medical cannabis sales are slated to start later this month, the Show-Me State recently completed the first-ever transfer of cannabis revenue to a state’s veteran fund. More than $2.1 million was transferred from the Department of…

ThursdaySep 17, 2020 4:20 pm

420 with CNW – New Jersey Residents to Vote on Marijuana Legalization During November Poll

The coronavirus pandemic and the coming presidential election have eclipsed New Jersey’s ballot for this year, its highest profile one in 2020. Despite this though, New Jersey may be the latest state to legalize recreational cannabis, that is, if the constitutional amendment gets a yes majority from the voters. In the first-ever vote-by-mail election in New Jersey, ballots are set to be sent to registered voters in the state soon. Apart from voting for president as well as the U.S. Senate and House, the people of New Jersey will also be tasked with deciding whether to amend the state constitution…

ThursdaySep 17, 2020 4:20 am

420 with CNW – Colorado Marijuana Farmers Risk Losing Millions as Early Cold Weather Sets In

Although growing cannabis can be quite a rewarding experience, it is fraught with numerous complications. The plant requires a specific set of conditions to thrive, and farmers could find themselves facing losses due to any number of reasons. This time, it was the cold. Colorado has seen uncharacteristically frigid temperatures this month. The second week of September saw especially cold temperatures that dropped below freezing and dumped inches of snow on the ground, potentially destroying millions of dollars’ worth of outdoor cannabis and hemp plants. For most outdoor cannabis and hemp farmers in Colorado, the roughly 70-degree temperature swing came…

WednesdaySep 16, 2020 4:20 pm

420 with CNW – Marijuana Back in the Spotlight; Twitter to Blame for Bad Press

Twitter has partnered up with the Substance Abuse and Mental Health Services Administration to advocate for substance misuse treatment. When a Twitter user searches for “marijuana” or any other substance-related keyword, health warnings will appear. However, it turns out this only applies to marijuana. In partnership with the same federal drug agency, Twitter began to add a notification above tweets on certain drug terms earlier this week. In addition to this, the notification also directs Twitter users to SAMHSA’s website and help line. Advocates for drug policy reform have drawn attention to the fact that the message sustains the stereotype…

WednesdaySep 16, 2020 4:20 am

420 with CNW – 4 Marijuana Harvesting Tips for Outdoor Growers

The harvest season is the most taxing as well as the most thrilling time of the outdoor plant growth cycle. This season can either make or break an entire year’s operation. To ensure your harvest is snag-free and also successful, here are some of the key things you should make sure are ticked off your ‘before-harvest’ checklist. Ensure that your drying area has been prepared and is ready for use It is important to sanitize and clean the drying area to be used. This will help prevent post-harvest contamination as well as ensure that your processing operation runs smoothly. Additionally,…

TuesdaySep 15, 2020 4:20 pm

420 with CNW – IRS Publishes Tax Guidance for Cannabis Industry

The U.S. cannabis industry has been in a precarious position for the past few years. Although more than thirty states have legalized cannabis sales in some form, the plant remains illegal at the federal level. So, although businesses can sell cannabis as long as they obtain a state license, federal law considers the business illegal. Despite this, marijuana businesses are required to pay federal tax and because marijuana remains illegal at the federal level, they are denied access to tax benefits. Early this month, the Internal Revenue Service (“IRS”) released updated guidance on tax policy for the nascent marijuana industry.…

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…