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…

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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…

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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…

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WednesdayApr 29, 2020 4:20 am

420 with CNW – New Jersey Voters Likely to Vote in Favor of Cannabis Legalization

Last December, New Jersey lawmakers approved a resolution that would put a referendum on legalizing marijuana on the state's 2020 ballot. A select group of lawmakers, advocates as well as Gov. Phil Murphy has been hoping to pass the marijuana legalization measure last year, but disagreements over the specifics of the bill made it impossible. With the decision to legalize marijuana to be put on a referendum, they were hoping voters would vote in favor of legalization. "We're optimistic that next November New Jersey voters will replace an eight-decade long policy disaster with a far more sensible approach to marijuana,"…

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TuesdayApr 28, 2020 4:20 pm

420 with CNW – Marijuana Edibles Could Become More Popular After Coronavirus Outbreak

The coronavirus pandemic is like nothing we've ever experienced. The virus has quite literally ground the globe to a halt, with most businesses shut down and people stuck indoors. The chances of kicking it in the foreseeable future are quite slim, and experts say life may not go back to normal when we eventually do. Cannabis was lucky enough to be declared essential by most state governments that allow marijuana within their borders. Not only has this proved just how important the industry is to the millions of patients and the over 200,000 employees that rely on it, but it…

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TuesdayApr 28, 2020 4:20 am

420 with CNW – How CBD May Treat Your Pains During the Lockdown

With the coronavirus sweeping through the world, most of us have been indoors for quite a while. And as experts have said, we might be stuck with the virus for the foreseeable future, so our time inside might drag on even longer. Bad as it sounds, it is the best way to completely eradicate the virus. However, humans aren't meant to be sedentary creatures. Chances are you're spending a large portion of the day seated in front of a computer screen. And I bet you're not paying attention to your posture. Doing that for extended periods of time will definitely…

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MondayApr 27, 2020 4:20 pm

420 with CNW – Colorado Cannabis Company Donates Products Worth $1M in Memory of Charlotte Figi

Charlotte Figi, the girl who inspired a CBD movement and had a marijuana strain named after her recently passed away from coronavirus related complications. She suffered from Dravet syndrome, a rare and hard to treat form of childhood epilepsy. The condition left her overcome with horrific seizures, and she was finally able to find some relief from the Charlotte's Web marijuana strain. Her passing was announced on her mother, Paige Figi's, Facebook group by a family friend. Several members of her family had previously tested positive for the virus, and after a short stint in the hospital, the 13 year…

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MondayApr 27, 2020 4:20 am

420 with CNW – Poll Finds That Most Americans Regard Cannabis Legalization Policies as Successful

Perception has arguably been one of marijuana's biggest foes. Ever since it was prohibited decades ago, there has been a negative perception to it. Federally, cannabis is still classified as a controlled substance, and that has also shaped its image in the eyes of the public. However, in the recent years, the plant has become more accepted, culminating in a number of states launching medical and recreational cannabis programs to great success. A recent poll by YouGov found that a large majority of the American public believes that recreational cannabis legalization has been a success. YouGov surveyed more than 27,000…

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FridayApr 24, 2020 4:20 pm

420 with CNW – Lebanon Legalizes Medical Cannabis Amid Coronavirus Economic Hardships

One of the most compelling reasons for the legalization of marijuana has been to earn tax revenue from sales. Arguably the most used drug, it is subject to constant demand, and governments can tap into this wealth of resources. States such as Colorado with thriving marijuana programs have pulled in close to $1 billion from legal marijuana sales. And with the coronavirus sweeping through the world and wreaking havoc on the global economy, some experts have said legalizing marijuana could be a good way to kickstart the economy. Lebanon, it seems, has taken this advice to heart. This week, the…

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FridayApr 24, 2020 4:20 am

420 with CNW – Zoom Inadequate for the Complexities of Marijuana Legalization, Says Gov. Cuomo

Legalizing marijuana this year had been one of New York Governor Andrew Cuomo's top priorities. For the second year in a row, he had included marijuana legalization in his budget proposal to state lawmakers. However, the coronavirus pandemic came along, and as New York quickly became the epicenter of America's outbreak, legislative priorities shifted. In the wake of the crisis, Governor Cuomo stated that it was unlikely state lawmakers would be able to effectively tackle the legalization issue in time. New York isn't the only state to experience this. Most drug legalization campaigns have been put on hold as people…

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