420 with CNW Archives - Page 292 of 321

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…

WednesdayMay 01, 2019 4:20 pm

420 with CNW – Trump Administration Opposed to Medical Cannabis for Military Veterans

The Department of Veterans Affairs has voiced its opposition to three bills that are intended to protect the VA benefits of veterans who use medical cannabis in states where it is legal, allow VA doctors to prescribe medical cannabis in states where it is legal and also expand research into the medical potential of cannabis. The VA officials were speaking during a congressional hearing on Tuesday (April 30). For example, Keita Franklin (suicide prevention national director in the VA department) was of the view that the bill compelling the VA department to conduct research on the medical benefits and risks…

WednesdayMay 01, 2019 4:20 am

420 with CNW – Canadian Addiction Experts Advocate for Improved Access to Cannabis

While many of the reported benefits of cannabis are backed by scientific evidence, others haven’t yet been subjected to scientific scrutiny. However, cannabis’ role in helping to combat addiction problems has received overwhelming support from addition specialists in Canada. These addiction experts are asking the authorities to take steps and improve access to legal cannabis so that those who are most at risk of addiction to stronger substances can use medical marijuana to reduce their dependence or avoid getting hooked in the first place. Of particular concern is Vancouver in British Columbia. Back in 2015, the authorities in Vancouver created…

TuesdayApr 30, 2019 4:20 pm

420 with CNW – Massachusetts Regulators Vote on Cannabis Home Delivery

Marijuana regulators have reached an agreement about plans to allow the home delivery of marijuana products within the state. A vote of 4-1 was passed by the Cannabis Control Commission. If the plan gets final approval from the commission by the end of May, the delivery of cannabis products within the state would mainly be done by people from the communities that suffered the most during the War on Drugs. The rules pave the way for people from those disadvantaged communities to have an expedited entry into the legal cannabis industry. Under the regulatory policies, home delivery licenses would exclusively…

TuesdayApr 30, 2019 4:20 am

420 with CNW – Canada Preparing to Approve Second Cannabis Roadside Test Kit

The Canadian government is close to approving a second cannabis test set for use by law enforcement officers who suspect that a driver may be impaired by marijuana. The kit uses a sample of saliva to test for the presence of THC in the body of an individual flagged down for possible marijuana impairment. The Department of Justice had earlier issued an order on April 20 to add the three pieces of equipment made by Abbot to the equipment that the police can use to get preliminary results when they suspect that someone is driving while impaired after consuming marijuana.…

MondayApr 29, 2019 4:20 pm

420 with CNW – Mexico Set to Legalize Recreational Marijuana by October

When Mexico legalized medical marijuana in June 2017, few ever imagined that the country would legalize marijuana for adult-use a couple of years later. Drug cartels have so much influence in the country that one would be led to believe that those cartels would never allow any policy that threatens their illicit business to be passed. However, the tide has turned and according to reports coming from across the border, a legal framework for the legalization of recreational cannabis will be in place by October this year. If that plan comes to pass, Mexico will be the third country in…

MondayApr 29, 2019 4:20 am

420 with CNW – SOL Global Expands into Michigan Cannabis Industry with $150M Acquisition

On April 23, 2019, SOL Global, one of the leading medical cannabis companies in Florida, signed a binding letter of intent with Merida Capital Partners to acquire MCP Wellness, Inc., a subsidiary of Merida Capital. The acquisition is worth $150 million, and it will see SOL Global take over the Michigan firm which is just about to acquire two licenses to cultivate cannabis as well as a license to process the cannabis and three more to dispense medical cannabis. Additionally, MCP Wellness, Inc. has plans to establish nine provisioning (dispensing) centers by August this year if the municipalities approve their…

FridayApr 26, 2019 4:20 pm

420 with CNW – Cannabis Users Tend to Weigh Less, Study Finds

New research shows that people who use marijuana tend to weigh less than those who don’t. These findings run contrary to a common perception that cannabis users end up becoming obese. The researchers took data from the National Epidemiologic Survey of Alcohol and Related Conditions and analyzed the BMI (body mass index) of 33,000 participants in the survey. The analysis showed that out of all the cannabis users, 15 percent could be categorized as obese while the fraction of obese people among non-users of cannabis stood at 20 percent. The data studied indicated that during the three-year period under scrutiny,…