420 with CNW Archives - Page 243 of 313

MondayMar 02, 2020 4:20 pm

420 with CNW – Vermont House Passes Marijuana Legalization Bill

On Thursday, the House of Representatives in Vermont approved a bill legalizing retail sales of marijuana. However, the Governor, Phil Scott (R), said that he is not happy with one of the key components of the legislation. On Wednesday, the measure garnered a strong initial vote in the House, but for the bill to formally clear the chamber, an additional vote was required, and the Members of the chamber gave a third reading approval to the legislation through a voice vote. The approval of the measure in the Chamber was preceded by the action of the following committees; the House…

MondayMar 02, 2020 4:20 am

420 with CNW – Trial Shows Medical Marijuana Can Treat Insomnia

Zelira Therapeutics has developed a medical marijuana insomnia product known as Thunderbird. Zelira Therapeutics was previously called Zelda Therapeutics (ASX: ZLD), and it changed its name after merging with the USA’s Ilera Therapeutics LLC late last year. For the past few years, Zelda, currently known as Zelira Therapeutics, has been working on a marijuana product used for treating insomnia, ZLT-101. In 2017, Zelda Therapeutics obtained approval to conduct clinical trials with patients who have chronic insomnia in Australia. At the time of the merger, Zelda Therapeutics was also studying the use of marijuana in treating conditions such as autism, cancer,…

FridayFeb 28, 2020 4:20 pm

420 with CNW – New Mexico Moves to End Access to Medical Marijuana by Non-Residents

New Mexico has ruled out the enrollment of non-resident in their medical marijuana program. This week, New Mexico governor Michelle Lujan Grisham signed into law a bill that denies issuance of medical marijuana cards to non-residents. Last year the state approved a change in statute, which was signed by the governor, allowing out of state patients to enroll in the state's medical marijuana program. And since September, more than 600 patients from Texas, Arizona, and other states have enrolled in the New Mexico medical marijuana program. Under the new law, the patients will not be able to renew their medical…

FridayFeb 28, 2020 4:20 am

420 with CNW – Colorado Pot Sales Hit New Record

This week, the Colorado Department of Revenue released new data that showed that the dispensaries within the state set a new sales record in 2019. The state of Colorado raked in $1.74 billion in medical and adult-use marijuana sales, out of which $302 million was collected in the form of sales taxes. The tax proceeds within the state are used in the construction of new schools and health education programs. Compared to 2018, marijuana sales in the state of Colorado increased by 13% in 2019. Colorado was among the first states to legalized marijuana in the U.S, and since 2014,…

ThursdayFeb 27, 2020 4:20 pm

420 with CNW – Risks of Buying Marijuana from Unregulated Sources

It would be pointless to make mistakes or make yourself sick while cultivating marijuana as if there were no rigorous controls at an approved professional cultivation facility. On rare occasions, marijuana products might be contaminated, and their health benefits might turn to be health hazards. For this reason, you should buy marijuana products from licensed dispensaries and also avoid growing your own marijuana if you do not know what you are doing. This will minimize the risks of consuming contaminated cannabis. Discussed below are some of the contaminants that can be found in untested marijuana products. Mold Marijuana, which is…

ThursdayFeb 27, 2020 4:20 am

420 with CNW – First Month of Illinois Recreational Pot Sales Earn the State $10M in Taxes

The first month of legal recreational marijuana sales in Illinois raked in more than $10 million in sales tax. The Department of Revenue in Illinois said that the legal sales were so strong such that they expect to surpass their original and conservative estimate for the first half year of sales. They are optimistic that they are going to collect more than $28 million from taxes on marijuana sales within the first six months of adult-use marijuana sales. Despite the shortages that plagued the state during the first month of legal sales, the state said that the retailers sold $40…

WednesdayFeb 26, 2020 4:20 pm

420 with CNW – Survey Shows More Older Adults Are Embracing Marijuana

Data from a new study shows that more older adults are using one or more marijuana product, but their doctors are not ready to discuss marijuana use with this demographic. The new study findings published in JAMA Internal Medicine showed an increase in the percentage of adults above the age of 65 who said that they had consumed some form of marijuana within the past year. The increase was 75% higher in 2018 than it was in 2015; 4.2 % of the adults said that they had used marijuana in the past year. Marijuana consumption among the older generation has…

WednesdayFeb 26, 2020 4:20 am

420 with CNW – Michigan Sees 29% Sales Growth for Recreational Marijuana in January

A statistical report on marijuana is published every month, and Michigan has released its report for the month of January. The report shows that in the month of January, adult-use marijuana sales in the state continued to grow at a steady pace. In January, adult-use sales rose to $9.8 million while previously in the month of December, the sales were $7 million. Michigan launched recreational sales of marijuana on December 1. For the month of January, the state will collect approximately $1.63 million in adult-use marijuana tax proceeds. Excise tax, which is 10%, accounts for $980,000 and $646,800 in sales…

TuesdayFeb 25, 2020 4:20 pm

420 with CNW – Consumers Seem to Be Gravitating Toward Cheap Marijuana, for Now

Marijuana consumers are considering their wallets when purchasing weed, and all they want is cheap marijuana with high THC content. In the past few years, several marijuana companies have developed high-quality, premium products, and these products are displayed on dispensary shelves. The companies believed that marijuana consumers would prefer luxurious marijuana products, just like the way beer consumers gravitate toward craft beer and aged whiskey in the spirits industry. The older generation and newbies are most likely to buy top-of-the-line marijuana to ease their concerns about the new world of cannabis, the companies thought. Some of the marijuana companies thought…

TuesdayFeb 25, 2020 4:20 am

420 with CNW – Kentucky House Passes Medical Cannabis Legalization Bill

On Thursday, the Kentucky House of Representatives passed legislation legalizing medical marijuana within the state. This comes after the Judiciary Committee voted in the bill last week in a vote of 65-30. The Legislation now proceeds to the state Senate. If the legislation is enacted into law, patients will be in a position to access medical marijuana from licensed dispensaries, but only after the patients have been certified as suffering from a condition found on the list of qualifying conditions. The legislation would also establish a body to develop rules to govern the program and determine the various medical conditions…