420 with CNW Archives - Page 226 of 305

WednesdayMay 06, 2020 4:20 am

420 with CNW – How to Read Marijuana Product Labels

Despite its immense popularity, the cannabis industry is still new and relatively unregulated. While federal law classifies cannabis as a controlled substance, over 30 states have legalized cannabis in various capacities. This patchwork legislation makes it difficult for agencies like the U.S. Food and Drug Administration (FDA) to fully regulate the industry. There are always bad players in such situations. In marijuana's case, it is companies making unsubstantiated medical claims on their products or delivering contaminated products. That's why it is crucial you check product labels before making any purchases. Companies are legally required to send their product to a…

TuesdayMay 05, 2020 4:20 pm

420 with CNW – Coronavirus Outbreak Causes Illinois to Delay Issuing 75 Cannabis Dispensary Licenses

The state of Illinois has announced that it will delay awarding 75 licenses for new marijuana dispensaries due to the coronavirus crisis. It joins the number of states who have had marijuana initiatives, from legalization to licensing, disrupted by the outbreak. On Wednesday last week, the Illinois Department of Financial and Professional Regulation, which regulates dispensaries, announced that it will not award the 75 licenses until Governor J.B. Pritzker's disaster proclamations end or the state decides on another date. The governor is expected to sign a new order extending the state's disaster proclamation through May 30. Although recreational marijuana sales…

TuesdayMay 05, 2020 4:20 am

420 with CNW – Medical Cannabis Telehealth Approved During Coronavirus Pandemic

With the coronavirus outbreak ravaging most continents, we've been forced to find ways to keep crucial services running. The internet has played an integral role, especially in regard to meetings, learning, and shopping. One other crucial contribution has been telehealth. Most doctors prefer face to face visits but that has been made impossible by the current services. Telehealth is a good alternative, providing patients with the healthcare they need with zero risk. And since insurers and the federal government started covering virtual visits, states have begun allowing medical marijuana to be prescribed virtually. The medical cannabis industry provides employment to…

MondayMay 04, 2020 4:20 pm

420 with CNW – Released Memo Sheds Light on DEA’s Reluctance to License Additional Marijuana Producers

For more than four decades, the only entity allowed by the Drug Enforcement Administration (DEA) to produce marijuana for research has been the National Center for Natural Products Research at the University of Mississippi under a contract with the National Institute on Drug Abuse. Proponents for research into marijuana's medical abilities have long decried this monopoly, stating that it held back research. It seems that the Justice Department's Office of Legal Counsel (OLC) concurs after a newly released 2018 memo stated that this arrangement has always been illegal. According to the memo, an international treaty requires tighter controls on the…

MondayMay 04, 2020 4:20 am

420 with CNW – US Virgin Islands Governor Tweaks Cannabis Legalization Bill to Boost Tax Income

The coronavirus crisis has dealt the world such a massive economic blow that it will take years for it to recover. Millions of people are already out of a job, and experts say that half of the global workforce, 1.6 billion people, are in danger of losing their livelihoods. Understandably, governments are scrambling to find ways to boost their economies. For some, this has led to talks of legalizing marijuana. One of the biggest arguments for legalizing marijuana has been to earn tax revenue, with states like Colorado that have thriving legal cannabis programs earning big bucks. Governor Albert Bryan…

FridayMay 01, 2020 4:20 pm

420 with CNW – Former Federal Prosecutor Says Legalizing Cannabis Will Hurt Cartels

Cannabis is arguably the most abused drug in the world. Half of all drug seizures in the world is marijuana, and the black market makes vast amounts of money from marijuana trafficking. According to a former federal prosecutor who's now running for Congress, legalizing marijuana may hurt the cartels that feed these black markets. Adam Schleifer saw the dark side of humanity while working as a federal prosecutor investigating the illicit drug trade. He realized that America made a large part of the illicit drug market, and he came away with one conclusion. Federal legalization. He is now a congressional…

FridayMay 01, 2020 4:20 am

420 with CNW – How to Disinfect Cannabis Packaging Safely

The coronavirus outbreak has put everyone on high alert. With over 3 million confirmed cases and at least 220,000 deaths globally, we should definitely be on guard. The virus spreads primarily through droplets released by an infected person when they sneeze or cough, and governments all over the world have rolled out social distancing measures to help prevent this. Individuals are to stay indoors unless they absolutely have to, and the businesses that have been allowed to continue operating are required to practice social distancing measures. For the most part, this has involved curbside pickups and home deliveries. Cannabis was…

ThursdayApr 30, 2020 4:20 pm

420 with CNW – Investing in Cannabis Amid COVID-19 Outbreak May be Wise

The economic fallout from the coronavirus crisis will be massive. With the U.S. already sliding into a recession, experts say it may take years for Americans to recover financially. With the economy in such a state, would it be wise to invest? Wouldn't it be better to hold onto those funds and see how things play out? Well, it depends on what you're investing in. Some stocks, like airline and restaurant stocks, aren't doing so well right now. A whole lot of industries have been affected by the outbreak, with most of the new unemployment cases concentrated in a certain…

ThursdayApr 30, 2020 4:20 am

420 with CNW – New Mexico Governor Regrets Missed Opportunity to Legalize Cannabis Before COVID-19 Pandemic

One of the best arguments for legalizing cannabis has been the tax revenue states stand to earn. Aside from providing employment opportunities, a legal cannabis market can generate millions in tax revenue. And at a time like this when most businesses are shut down while the cannabis industry still soldiers on, that revenue would have been a lifesaver. The governor of New Mexico recently said that she regretted the fact that the state hadn't yet legalized recreational marijuana. In a press conference last week, Governor Michelle Lynn Lujan was asked how she planned to address the financial uncertainty caused by…

WednesdayApr 29, 2020 4:20 pm

420 with CNW – Racial and Civil Rights Groups Urge Congress to Give Cannabis Companies Access to COVID Funds

The economic impact of the coronavirus pandemic will be felt for years to come. Early this year as parts of China shut down due to the outbreak, several industries ran into supply chain disruptions. However, as the virus spread and governments started taking more drastic measures to curb its spread, the impact was even more pronounced. Cannabis Industry Denied Access Most businesses are shut down and almost all commerce has ground to a halt. To help cushion small businesses and help them survive, the federal government deployed federal coronavirus relief funds through the Small Business Administration (SBA). One industry that…