420 with CNW Archives - Page 37 of 320

MondayDec 23, 2024 4:20 pm

420 with CNW — New York Marijuana Firms Call for Tax Reforms as They Struggle to Survive

New York marijuana cultivators and processors are pushing Governor Kathy Hochul to approve a measure that would simplify how they handle tax filings, switching the system to an annual basis. Currently, businesses are required to pay a 9% marijuana excise tax on wholesale prices every quarter. The change would be a minor adjustment to existing regulations but one that could offer significant relief to those struggling in an already challenging market, according to Jaunty co-founder and CEO Nick Guarino. Companies like Jaunty, alongside Ayrloom and Alliance, collaborated with Park Strategies to draft the measure, receiving support from Assemblywoman Donna Lupardo…

FridayDec 20, 2024 4:20 pm

420 with CNW — DEA Requests Judge to Compel FDA Officials to Testify During Cannabis Reclassification Hearings

The DEA is requesting approval from an agency judge to issue subpoenas compelling officials from the FDA to testify at forthcoming hearings regarding the Biden administration’s proposal to reschedule cannabis. Friday was the deadline for parties involved in the hearing to submit additional materials, including evidence and witness information, to DEA Judge John Mulrooney as part of the pre-hearing process. The DEA stated in its filing that it plans to subpoena four FDA officials, even though the HHS previously stated that it wouldn’t voluntarily participate in the proceedings. Additionally, the DEA announced its intention to introduce thousands of comments from…

ThursdayDec 19, 2024 4:20 pm

420 with CNW — Elton John Thinks Marijuana Legalization in Canada, the US is a Grave Mistake

Elton John has been vocal about his stance on the legalization of cannabis, openly criticizing its approval in parts of the United States and Canada. The legendary musician expressed strong concerns about the drug, reflecting on his own experiences and observations during a Time magazine interview. According to him, marijuana is undeniably addictive and often acts as a gateway to more dangerous substances. Recalling his own struggles, he admitted, “When you’re under the influence—and I’ve been there—you don’t think clearly or make rational choices.” He went on to describe the legalization of marijuana as one of the worst decisions ever…

WednesdayDec 18, 2024 4:20 pm

420 with CNW — New Lawsuit Aims to Invalidate Nebraska’s Medical Marijuana Ballot Measures

A top medical marijuana opponent in Nebraska has initiated a new legal challenge aiming to nullify two recent ballot initiatives to legalize and regulate marijuana in the state. John Kuehn, a former state senator from Heartwell and a past State Board of Health member, filed a second lawsuit this year targeting the Nebraskans for Medical Cannabis campaign and Bob Evnen, the Secretary of State. The recent case comes after Kuehn lost a related lawsuit in late November, a decision he is currently appealing. The new lawsuit also involves Governor Jim Pillen and argues that state cannabis legislation is unconstitutional and…

MondayDec 16, 2024 4:20 pm

420 with CNW — Pennsylvania House Democrats Give Marijuana Legalization Another Go

Democrats in Pennsylvania are making another attempt to legalize cannabis through new legislation spearheaded by state Representatives Dan Frankel from Allegheny County and Rick Krajewski from Philadelphia. They are currently seeking co-sponsors for their proposal, marking the latest effort in a series of attempts over recent years to address cannabis legalization in the state. The proposed legislation aims to expunge criminal records for individuals with past cannabis-related offenses, reinvest funds into communities disproportionately impacted by drug policies, and implement safeguards to prevent predatory marketing and accidental exposure to children. The bill also seeks to set reasonable limits on marijuana potency…

FridayDec 13, 2024 4:20 pm

420 with CNW — Federal Appeals Court Doubtful of Prospects for Suit Challenging Marijuana Ban

A United States appeals court seemed inclined to reject claims made by several marijuana businesses in Massachusetts, which argued that federal laws prohibiting cannabis are no longer constitutional. The businesses, represented by prominent attorney David Boies, contend that significant changes since the Supreme Court upheld federal marijuana laws in 2005 make the prohibition outdated. Currently, 38 states have legalized medical or recreational cannabis. Boies argued that Congress’s original intent to eliminate cannabis nationwide has shifted, citing legislation and policy changes that reflect a more lenient approach. Despite his arguments, the judges appeared skeptical. Judge Julie Rikelman, appointed by President Joe…

ThursdayDec 12, 2024 4:20 pm

420 with CNW — UN Human Rights Commissioner Condemns War on Drugs as a Total Failure

The United Nations High Commissioner for Human Rights (UNHCHR) has urged the global community to reconsider punitive and criminal approaches to drug policy, declaring that the “war on drugs” has been a profound failure. Speaking at a Warsaw conference that brought together experts and leaders from across Europe, Commissioner Volker Türk noted that current strategies have neither curbed drug use nor deterred drug-related crimes. He called for a shift toward evidence-based policies that center on human rights and prioritize compassion over punishment. Türk argued that treating drug use as a criminal issue rather than a health matter has marginalized and…

WednesdayDec 11, 2024 4:20 pm

420 with CNW — Study Suggests Marijuana Use Could Trigger Epigenetic Changes

A recent study published in the journal Molecular Psychiatry has explored how marijuana use might influence the epigenome in the human body. The epigenome, often described as a system of switches, regulates how genes are activated or deactivated, shaping bodily functions. According to Lifang Hou, a Northwestern University epidemiologist, the study identified a connection between multiple epigenetic markers and long-term cannabis use. The researchers examined more than 1000 participants who had been involved in an earlier long-term study, which included surveys about their marijuana use spanning two decades. Participants who were between 18 and 30 years old at the study’s…

TuesdayDec 10, 2024 4:20 pm

420 with CNW — How Cannabis Firms Can Leverage the Ongoing MJBizCon

Marijuana industry leaders have countless opportunities to form connections and secure business deals at this year’s MJBizCon. MJBizCon 2024 kicked off on Tuesday at the Las Vegas Convention Center, starting with preshow sessions and running through Friday. To make the most of the world’s largest marijuana business event, it’s essential to arrive with a strategy but also stay adaptable for unforeseen opportunities, according to seasoned attendees who’ve successfully navigated the event. According to Azuca CEO Kim Sanchez Rael, flexible scheduling is vital since some of the best opportunities come from unexpected encounters. For instance, an impromptu conversation during a preshow…

MondayDec 09, 2024 4:20 pm

420 with CNW — Marijuana Prices Gradually Reduce as Ohio’s Legal Market Grows

Data released by the Ohio Division of Cannabis Control shows that the price of marijuana has slowly been reducing since adult-use sales were launched this past summer. Dispensaries have reported slow-starts to the recreational program, indicating that vendor costs, confusion among consumers, and the state’s regulations may have contributed to this. Under state law, licensed dispensaries aren’t allowed to sell marijuana cultivated or purchased outside the state. This has led to a decrease in vendor prices. State records also show that when adult-use sales were launched in August, the manufactured sales average for marijuana product was $31.06 while the average…