420 with CNW Archives - Page 47 of 323

TuesdaySep 10, 2024 4:20 pm

420 with CNW — Cannabis Stocks Retreat as Rescheduling Hearing Slated for December

The U.S. marijuana industry, valued at $32.1 billion, entered Labor Day weekend for the second consecutive year with significant developments regarding the Biden administration’s attempts to change marijuana’s classification. Despite this milestone, the reaction has been one of disappointment rather than celebration, following the recent announcement that a crucial hearing about cannabis rescheduling won’t take place until December. This delay led to frustration and a slight dip in cannabis stock values. Last year, the industry had a more optimistic outlook during this period as federal health regulators had recommended recognizing cannabis as medicine, a major step forward in marijuana reform.…

MondaySep 09, 2024 4:20 pm

420 with CNW — Trump Notes Support for Cannabis Ballot Measure in Florida, Wants Public Smoking Banned

Donald Trump recently stated that he was confident Florida voters would pass the cannabis legalization initiative during the November ballot. He emphasized that since marijuana is already legal in many other states, it is unfair for someone to be prosecuted as a criminal in Florida. In addition, Trump attacked the status quo regulations, saying they endanger public health, destroy lives and expose individuals to fentanyl-contaminated marijuana. If voters approve the measure, he encouraged lawmakers to take action by passing legislation outlawing marijuana use in public places. Former Florida GOP chair, Senator Joe Gruters, praised Trump’s support for legalization. He said,…

FridaySep 06, 2024 4:20 pm

420 with CNW — Home Depot Internal Memo Indicates Company Will Stop Employee Marijuana Tests

One of the largest employers in the United States, Home Depot, is rewriting its rules regarding employee drug testing. A recent document states that the corporation is discontinuing pre-employment substance testing for the majority of its personnel and will no longer include marijuana in its substance-screening panels. The revised policies will go into effect on Sept. 1, 2024, as stated in a message from human resources distributed this week. According to the memo, cannabis will no longer be tested on drug panels in the U.S., which includes tests carried out following workplace mishaps or in circumstances where there is a…

ThursdaySep 05, 2024 4:20 pm

420 with CNW — Mothers in Brazil Take Lead in Advocating for Medical Cannabis for Sick Children

Brazil’s most populated state, Sao Paulo, home to more than 44 million residents, made history by being the first to pass legislation granting free access to CBD. The legislative victory was largely driven by Brazilian mothers who spent a decade campaigning tirelessly to access CBD for their ill children. Combining CBD with other medications has shown promise for lowering seizures in individuals with severe epilepsy. One of the mothers who led the campaign was Maria Aparecida Carvalho. At the age of 10, her daughter, Clárian, was diagnosed with severe epilepsy, which can lead to life-threatening complications, including the sudden cessation…

WednesdaySep 04, 2024 4:20 pm

420 with CNW — Could Marijuana Reclassification Be Answer to Maintaining Medicare?

The U.S. Justice Department took significant steps toward changing the legal status of cannabis in May by beginning the process to move the substance from schedule 1 to schedule 3, a less-restrictive category under federal drug laws. This shift is noteworthy because it reflects the recommendations of medical experts at the U.S. Department of Health and Human Services (HHS), who have recognized that cannabis now has an accepted medical use. Equally crucial is that reclassifying marijuana could boost much-needed research into its medical potential. However, simply changing the plant’s classification won’t be enough to make a substantial impact. True progress…

TuesdaySep 03, 2024 4:20 pm

420 with CNW — NIH Study Finds Concurrent Use of Tobacco, Marijuana Is Rising

The proportion of Americans who use both tobacco and marijuana has been gradually increasing, particularly among older persons, according to a recent study. After analyzing national data spanning 20 years, Duke University School of Medicine researchers caution that combining both drugs can increase the risk to one’s health when compared to using either drug alone. A reported 6.38% of American adults in 2021 reported using tobacco and marijuana together within the previous month. While this proportion might not seem like much, it is a considerable rise over prior years. The researchers credit this increase to the growing legalization of marijuana…

FridayAug 30, 2024 4:20 pm

420 with CNW — NFL-Backed Study Reports Increasing Acceptance of Cannabis Use in Sports

A new study backed by the National Football League (NFL) sheds light on the increasing acceptance of therapeutic marijuana in sports while also highlighting the significant challenges posed by federal restrictions. These limitations continue to hinder research efforts, leaving a gap in understanding both the risks and benefits associated with cannabinoid use among athletes. The closing of this knowledge gap is an urgent matter, according to the report. The study notes that, largely due to prohibition, healthcare providers lack sufficient understanding of a substance that is becoming more widely available for both recreational and therapeutic use. The NFL committed $1…

ThursdayAug 29, 2024 4:20 pm

420 with CNW — Dallas Voters to Decide on Marijuana Decriminalization in November

Dallas voters will have the opportunity to decide in November whether or not the city should decriminalize cannabis. The city’s council decided on Aug. 14, 2024, to add the Dallas Freedom Act to the ballot for the upcoming Nov. 5 election. Local proponents of cannabis reform are leading this effort to loosen the rules governing adult possession of marijuana. The push for reform is led by Ground Game Texas, a nonprofit organization focused on social justice. The group gathered nearly 50,000 signatures from residents, far exceeding the 20,000-signature threshold needed to get the measure on the ballot. The measure would…

WednesdayAug 28, 2024 4:20 pm

420 with CNW — Americans’ Opinions of Marijuana’s Effects Decline Further, Poll Shows

Americans’ perceptions of cannabis’ effects have become less optimistic over the last two years; a slight majority now worry that most users (51%) and society as a whole are harmed by it. This is a significant change from 2022, when opinions were more evenly divided and more people (53%) thought marijuana had a good impact on users, while only 45% thought it had a negative one. These new insights are based on a Gallup Consumption Habits survey conducted from July 1 to July 21, 2024, which shows that a sizable portion of different demographics still have favorable opinions of marijuana.…

TuesdayAug 27, 2024 4:20 pm

420 with CNW — Ohio’s Adult-Use Cannabis Sales Exceed $11M in First Week

Ohio’s recreational marijuana market has experienced impressive growth, generating more than $11.5 million in sales in its first week. According to the state’s Commerce Department, Cannabis Control Division, the total revenue from adult-use cannabis sales reached $11,530,708 as of Aug. 10, 2024. Sales officially began on Aug. 6, eight months after Ohio voters approved recreational cannabis legalization, with 57% of voters supporting the ballot measure. The average cost of an ounce of flower was $266. The data shows that 1,285 pounds of cannabis plant material and 173,043 units of processed products were sold. Ohio’s medical marijuana market is also thriving,…

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