420 with CNW Archives - Page 213 of 305

MondayAug 10, 2020 4:20 am

420 with CNW – 2021 Looks Promising for Pot Stocks

Had the coronavirus pandemic not struck, 2020 would have been a good year for cannabis. Several states were planning on legalizing cannabis either through a ballot or inclusion in the budget, but a lot of these plans have been put on the backburner. However, despite the ongoing health and economic crisis, cannabis stocks have fared relatively well. There was an initial dip in the industry’s value when the coronavirus struck but after a month or two, states were reporting record breaking cannabis sales. As we begin the last half of the year, investors are gearing up for 2021, which they…

FridayAug 07, 2020 4:20 pm

420 with CNW – Illinois Cannabis Sales Break Records in July

The months after the coronavirus broke out were characterized by a severe decline in commerce. Industries like airlines, food service and tourism were especially hit, with a large chunk of the more than 30 million Americans who lost their jobs coming from these sectors. Cannabis, on the other hand has weathered the storm fairly well. There was a spike in marijuana sales in the weeks leading up to the shutdown and self-isolation orders and in the months since, several states have reported record breaking sales. On Monday, Illinois’ Department of Financial and Professional Regulation announced that the state had recorded…

ThursdayAug 06, 2020 4:20 pm

420 with CNW – Amazon Prime Unveils Search for Marijuana Business Talent

Michael Straumietis, commonly known as 'BigMike', is one of the most successful cannabis entrepreneurs in the world. He founded cannabis fertilizer brand Advanced Nutrients, a firm that has earned him millions over the last two decades. Said to be the world's leading cannabis fertilizer, the brand's products are sold in 109 countries and counting with an annual revenue of over $84 million. For 37 years, he has been a revolutionary for the industry and now, he has set out to "discover the new industry Titan." From August 15, BigMike will star in The Next Marijuana Millionaire, a reality show that…

ThursdayAug 06, 2020 4:20 am

420 with CNW – How COVID-19 is Dampening CBD Sales

As 2019 drew to a close, no one expected the virus that had been discovered in Wuhan, China in November to bring the world to a complete standstill. Three months into the year, however, the resultant pandemic had caused massive damage to the economy, with industries like food service and airlines shouldering millions of job losses. Although cannabis products enjoyed a spike in sales in the week or two leading up to lockdown orders, the COVID-19 pandemic has since dampened CBD sales. The nascent industry had previously seen extremely encouraging projections, with last year's BDSA and Arcview Market Research industry…

WednesdayAug 05, 2020 4:20 pm

420 with CNW – The COVID-19 Outbreak is Hitting Illegal Cannabis Sales Hard

For many proponents of legalizing marijuana, snuffing out the black market and bringing all that revenue into the state coffers was a big motivation. However, the truth is the black market has thrived alongside state legal weed, and in many cases has actively undermined and drawn profits from the legal market. With the coronavirus pandemic in full swing, though, illegal cannabis sales have been hit. Hard. In the early days of the pandemic, it was established that COVID-19 was a respiratory disease and folks with poor lung health were more at risk of developing severe symptoms. As beneficial as marijuana…

WednesdayAug 05, 2020 4:20 am

420 with CNW – Congress Passes Amendment Shielding State Cannabis Programs from Federal Interference

As July drew to a close, the House of Representatives voted in favor of an amendment that would protect all state, territory and tribal marijuana programs from federal interference. Sponsored by Reps. Earl Blumenauer, Tom McClintock, Eleanor Holmes Norton and Barbara Lee, the measure would prevent the Department of Justice from using its funds to impede the implementation of cannabis legalization laws. It was passed in a 254-163 vote on the floor and it builds on an existing, more limited provision to shield only state medical cannabis laws from federal interference. As more and more states have legalized either medical…

TuesdayAug 04, 2020 4:20 pm

420 with CNW – Study Finds Marijuana Makes Women Have Better Sex

For as long as marijuana has been used recreationally, there have been anecdotal reports among the women who enjoy cannabis that it spices things up in the bedroom. Heck, there are even THC infused lubricants on the market that promise increased arousal and better orgasms, but do they really work? Or is it a placebo effect, where it seems to work because you want it to work, or is there any truth behind these claims? A growing body of research indicates that there is indeed a correlation between cannabis and sex, even though the science behind it is still a…

TuesdayAug 04, 2020 4:20 am

420 with CNW – 4 Tips for Choosing the Best Marijuana Genetics

No one can blame you for wanting to jump right into the cannabis industry. Still pretty young, the industry is projected to be worth $73 billion by 2027, and hundreds of businesses want a piece of the cake. If you’re a complete beginner looking to make a name for yourself as a grower, your first priority is to find the best marijuana genetics. However, that’s no easy task, especially in an industry that’s only a few years old and barely has any standardized regulations. For starters, make sure you do plenty of research. Marijuana is probably one of the most…

MondayAug 03, 2020 4:20 pm

420 with CNW – Almost 70% New Jersey Voters Support Pot Legalization

Last December, the New Jersey Senate approved a resolution that would put a referendum on legalizing marijuana on this year's November ballot. Although certain lawmakers had pegged their hopes on legalizing cannabis legislatively, numerous disagreements over the specifics of the bill made it impossible, forcing them to put the question of broad cannabis reform onto the voters. A recent survey conducted by DKC Analytics and released on Tuesday has found that a supermajority of New Jersey voters is in support of the measure. The poll involved phone interviews with 500 New Jersey likely voters from July 7 to 12, and…

MondayAug 03, 2020 4:20 am

420 with CNW – Nebraska Medical Cannabis Advocates Just a Step Away from Seeing Their Initiative on the Ballot

Several states had plans to legalize cannabis at the start of this year, but 2020 threw a curveball that absolutely no one expected. With self-isolation and social distancing orders in place, signature collection efforts became quite difficult, and states like New York and Florida have had to postpone legalization to next year and beyond. In Nebraska, cannabis legalization activists had to collect at least 122,000 signatures to get medical marijuana on the November ballot and they more than delivered. The group, Nebraskans for Medical Marijuana, initially suspended its signature collection efforts when the coronavirus broke out, but the campaign relaunched…