420 with CNW Archives - Page 263 of 293

WednesdayMay 08, 2019 4:20 pm

420 with CNW – Michigan Retailers Ordered to Only Stock Cannabis from Licensed Growers

Michigan has been struggling to get a handle on the illegal cannabis market and their latest action has seen them instruct medical marijuana provisioning centers to stop accepting cannabis grown by caregivers and instead only accept supplies from growers licensed by the state. LARA (Licensing and Regulatory Affairs) also says that caregiver growers can start selling cannabis to the licensed growers and processors, but the caregiver growers will have to meet the cost of testing their cannabis before the licensed processors and growers can accept it. Rejecting the cannabis grown by caregivers is just another twist in the regulatory chaos…

WednesdayMay 08, 2019 4:20 am

420 with CNW – Two Cannabis Bills to be Voted on by Congressional Committee this Week

Two bills dealing with access to medical marijuana by veterans are slated to be voted on by a congressional committee today (Wednesday, May 8). This vote comes barely a week after the Veterans’ Affairs Subcommittee of Health conducted a hearing on the bills. One of the bills up for a vote has to do with allowing VA doctors to prescribe medical marijuana. This bill also seeks to codify into law an existing policy which protects the VA benefits of veterans who use medical cannabis in accordance with state law. The second bill that will be voted on seeks to compel…

TuesdayMay 07, 2019 4:20 pm

420 with CNW – Oregon Legislators Discuss Exporting Marijuana Surplus

The production of marijuana in Oregon is so high that the Oregon Liquor Commission estimates that the available inventory can address the supply needs of the state for nearly 7 years if demand remains at the current level. This overproduction has prompted lawmakers to consider exporting the excess cannabis to other jurisdictions where recreational marijuana is legal. Senate Bill 582 is a preemptive step aimed at getting Oregon ready to move fast once the federal government relaxes its marijuana laws. Currently, marijuana is a schedule 1 controlled substance which cannot cross state lines. Cannabis law reform at the federal level…

TuesdayMay 07, 2019 4:20 am

420 with CNW – New Hampshire Senate Okays Medical Marijuana Home Cultivation

House Bill 364, a proposed law that seeks to allow patients taking medical cannabis to grow marijuana at home, has been approved by the senate in New Hampshire. The vote was close, but the bill sailed through 14-10. Under the proposed legislation, patients who have been enrolled on the medical marijuana program of the state can have 12 medical marijuana seedlings, 3 young plants and 3 mature plants for their own use. Currently, New Hampshire has 7,000 registered patients in the medical cannabis program. These patients have been compelled to get all their medical marijuana from just four Alternative Treatment…

MondayMay 06, 2019 4:20 pm

420 with CNW – Illinois Unveils Bill to Legalize Recreational Cannabis

A draft law through which Illinois will legalize recreational marijuana has been unveiled. The bill has some ambitious provisions, while others appear to have been borrowed from other states where marijuana is now legal for adult use. One of the most noticeable provisions of the draft law is one that sets up a low-interest loan program worth $20million. Under this program, people from disadvantaged communities, such as African Americans, would borrow the money and set up cannabis businesses so that social equity can be promoted in the industry. Another eye-catching provision in the law which was unveiled on Saturday (May…

MondayMay 06, 2019 4:20 am

420 with CNW – Las Vegas City Council Votes to Allow Marijuana Lounges

On Wednesday (May 1), the Las Vegas City Council voted 4-1 in favor of a proposed ordinance that would see cannabis consumption lounges licensed to operate within the city. This means that the first consumption lounges could open by the end of this year. Las Vegas becomes the first city in Nevada to pass regulations allowing cannabis consumption venues to open. Carolyn Goodman, the mayor of Las Vegas, abstained from voting due to a possible conflict of interest. She had earlier revealed that one of her family members works in the cannabis industry. According to the ordinance passed, cannabis retailers…

FridayMay 03, 2019 4:20 pm

420 with CNW – 3 Things We Get Wrong When We Look at Cannabis as We Do Alcohol

As more states move to legalize cannabis in the U.S., there is a tendency to think about marijuana in the same light as alcohol, and this sets up people to make a number of mistakes. Below are three things that you are likely to get wrong when you look at cannabis through the same lens as you think about alcohol. Expecting Quick Results from Consuming Marijuana Edibles When you take alcohol, it is fairly easy to know when you are approaching your limit and are now crossing into the realm of intoxication. When some people consume cannabis edibles for the…

FridayMay 03, 2019 4:20 am

420 with CNW – Moosehead Teams up With Sproutly Canada to Produce Cannabis Beverages

Moosehead Breweries Ltd, one of the largest breweries in Canada, has announced that it plans to form a joint venture with Sproutly Canada, Inc. in order to make cannabis-infused drinks. The drinks will be introduced on the Canadian market by the end of this year. Andrew Oland, the CEO of Moosehead Breweries Ltd, said that the company wants to enter the cannabis beverages space as soon as the federal government in Canada releases rules to regulate cannabis edibles in the country. As a leader in the beer industry, Moosehead is convinced that the company is well placed to be a…

ThursdayMay 02, 2019 4:20 pm

420 with CNW – Confident Cannabis Raises $12M for Nationwide Expansion

Confident Cannabis, a cannabis wholesale platform, has raised $12m to bring its total capitalization to more than $18m from their inception. The new funding is intended to enable the company to expand its operations into new territories across the country. The Series A funding round was led by Poseidon Asset Management, a cannabis venture capital fund based in San Francisco. Other entities that invested more funds in Confident Cannabis include Y Combinator, Bullpen Capital, FJLabs as well as Greenfield Global and Base Ventures. Confident Cannabis focuses on empowering all verticals within the cannabis industry so that all players, including cultivators…

ThursdayMay 02, 2019 4:20 am

420 with CNW – Marijuana Investor Donates Millions to Harvard and MIT for Cannabis Research

Charles R. Broderick, a cannabis investor, has donated $9 million to his alma mater (Harvard and Massachusetts Institute of Technology-MIT) so that the two institutions can conduct research into the health effects of cannabis. The two academic institutions described the donation that they had received as the largest ever private funding into marijuana research. Speaking about his donation, Broderick said that the absence of sufficient scientific research on cannabis has allowed some players in the industry to make claims that may be hard to verify. He added that since prohibitionist laws are collapsing around the world, the time has come…