420 with CNW Archives - Page 209 of 310

WednesdayOct 14, 2020 4:20 pm

420 with CNW – How Tech Could Change How You Use Medical Cannabis

Over the years, attitudes towards cannabis have been changing for the better. Although federal law still considers cannabis a controlled substance, 33 states have legalized the medical use of cannabis within their borders. While there isn’t a lot of research to back cannabis’s medical abilities, preliminary findings have found that cannabis can be effective at reducing chronic pain, stress, and anxiety, regulating and preventing diabetes, and regulating seizures caused by pediatric epilepsy. The cannabis industry has become known for its innovation, both in consumer products as well as in cultivation. Today, cannabis is more potent and it can be consumed…

WednesdayOct 14, 2020 4:20 am

420 with CNW – The US Government Now Supports Globally Rescheduling Marijuana

According to news coming in from last Thursday’s Vienna meeting of the UN Commission on Narcotic Drugs, the U.S. federal government supports a recommendation by the World Health Organization to remove marijuana from category IV, the strictest category, of globally controlled substances. Patt Prugh, an attorney advisor at the United States State Department, spoke on behalf of the U.S. government during that meeting. While supporting marijuana rescheduling, she spoke vehemently against a proposal to remove cannabidiol from international substance control treaties. She argued that making those proposed reforms would create legal loopholes and ambiguities which could potentially compromise the effective…

TuesdayOct 13, 2020 4:20 pm

420 with CNW – Michigan Plans to Ease Access to the Recreational Cannabis Market Next Year

In an effort to curb black-market sales, Michigan is planning to ease access to the recreational cannabis market next year. In March, Michigan will remove a prerequisite that was included with good intentions but has unintentionally complicated the fight against unlicensed, black market cannabis, the state Marijuana Regulatory Agency announced. From March next year, certain licensed recreational marijuana businesses will no longer be required to first hold a medical license. Retailers, processors, transporters, safety labs, class B, and class C growers will be subject to lower license fees should they wish to grow, sell, test, or transport recreational marijuana. Most…

TuesdayOct 13, 2020 4:20 am

420 with CNW – Top Arguments for Legalizing Marijuana Sales and Consumption

For the past couple of years, attitudes towards cannabis have been on the mend. Although the controversial plant is still considered illegal at the federal level, over 30 states have legalized it to varying degrees. Renowned for a long time due to its psychoactive abilities, cannabis is increasingly being considered medicinal, with plenty of people using it to help manage conditions like chronic pain in lieu of pharmaceuticals. We are still a long way from federal decriminalization, though. Cannabis reform activists have been working hard to convince the masses of the benefits of legalizing cannabis. The following are some of…

MondayOct 12, 2020 4:20 pm

420 with CNW – Illinois Marijuana Sales Still Surging, Data Shows

Months into the coronavirus pandemic, the state-legal cannabis industry is still going strong. Although the pandemic forced many industries to shut down, resulting in the loss of millions of jobs, the cannabis industry has fared quite well despite the economic crisis. Most states have seen increased cannabis sales month over month, with some even calling the industry ‘recession-proof’. One such state is Illinois, which has seen record-breaking marijuana sales for the fifth time in a row. In September, consumers purchased more than 1.4 million marijuana products worth nearly $67 million, with almost $18 million of those sales coming from out-of-state…

MondayOct 12, 2020 4:20 am

420 with CNW – Mark Zuckerberg Makes Donation in Support of Oregon Drug Decriminalization Campaign

A foundation run by Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan has made a donation in support of a ballot measure to decriminalize all drugs in Oregon. The Chan Zuckerberg Initiative Advocacy donated $500,000 in support of Measure 110, a ballot measure “designed to establish a more humane and effective approach to drugs.” On top of that, the measure would use a portion of existing legal marijuana tax revenue to pay for expanded substance misuse treatment services, establishing addiction recovery centers throughout the state. According to supporters of Measure 110, it is part of an effort…

FridayOct 09, 2020 4:20 pm

420 with CNW – Highest Court in Florida to Revisit Law Establishing Medical Cannabis Program

Although medical cannabis has been legalized in over 30 states for quite a while now, the industry still has plenty of growing pains. Aside from being denied access to banking services, players in the industry across the country have been at loggerheads with authorities over how licenses are awarded. In Florida, for instance, medical cannabis law requires that licensed companies must be able to handle all aspects of the business, including growing, processing, and distributing products. Referred to as ‘vertical integration,’ the system locks out a large number of cannabis businesses and limits the licenses only to companies that can…

FridayOct 09, 2020 4:20 am

420 with CNW – Tilray, Inc. (NASDAQ: TLRY) Announces Positive Research Results for Cancer Sufferers

Medical cannabis is probably one of the most controversial topics at the moment. Critics of the medical marijuana movement have claimed that there is hardly any evidence of therapeutic benefit and that the hype has far outpaced the science. On the other hand, cannabis reform activists have argued that due to its diverse medicinal properties, medical cannabis can be a great alternative to pharmaceuticals. Quite recently, Tilray (NASDAQ: TLRY) announced that Australian researchers have found that medical cannabis has shown promise as a treatment for nausea and vomiting for cancer patients undergoing chemotherapy in a clinical trial. The trial’s preliminary…

ThursdayOct 08, 2020 4:20 pm

420 with CNW – Congress Again Includes Cannabis Banking Protections in Third Stimulus Bill

Players in the cannabis space are cautiously optimistic after the House of Representatives approved a wide-ranging coronavirus relief bill containing text from the Secure and Fair Enforcement (“SAFE”) Banking Act. For the longest time, players in the cannabis space have been unable to access banking services due to cannabis’ status as a Schedule I drug, forcing them to rely on cash-only transactions. Not only does this put them at risk of theft and burglary, but it also makes social distancing during the pandemic almost impossible. Passed by the House last year but held in limbo in Senate, the SAFE Banking…

ThursdayOct 08, 2020 4:20 am

420 with CNW – FBI Report Indicates That Marijuana Arrests Dropped Nationally

Started by the federal government decades ago, the war on drugs has resulted in the incarceration of millions of Americans. A large number of these arrests have been due to marijuana possession. Over the years, it has become clear that certain communities have been targeted and over-policed due to marijuana prohibition and for many cannabis reform advocates, legalizing cannabis wouldn’t just increase state tax revenue, but it would also help repair the harms done by the war on drugs. Although advocates hoped that marijuana arrests would reduce with the advent of legal cannabis programs, 2016, 2017, and 2018 each saw…