420 with CNW Archives - Page 47 of 296

MondayNov 06, 2023 4:20 pm

420 with CNW — Massachusetts Marijuana Firms Challenge Federal Ban on Cannabis

Last week, an alliance of marijuana companies in the state of Massachusetts filed a lawsuit that challenges the federal prohibition of cannabis as it applies to individual states. Currently, marijuana remains classified as a Schedule I substance under the Controlled Substances Act. This is despite the fact that the medical use of marijuana is legal in 38 states, 4 U.S. territories and the federal District of Columbia. Adult-use marijuana is also legal in 23 states, 3 U.S. territories and D.C. The Controlled Substances Act was enacted by the 91st United States Congress and signed into law by President Richard Nixon…

MondayNov 06, 2023 4:20 am

420 with CNW — Brazilian Scientists Find Cannabis Compound Inside Unrelated Plant

Researchers have discovered that a common plant in Brazil contains the cannabis ingredient cannabidiol (CBD). This discovery creates new opportunities for the production of the well-known substance from alternative sources. A group of scientists from the Federal University of Rio de Janeiro uncovered CBD in the flowers and fruits of the Tremamicranthablume (trema) plant, a common shrub found throughout Brazil. According to lead scientist Rodrigo Moura Neto, the plant, which is sometimes categorized as a weed, is a promising source of CBD. CBD, recognized for its potential in managing anxiety, chronic pain and epilepsy, stands as a key active component…

FridayNov 03, 2023 4:20 pm

420 with CNW — Cannabis Legalization Causes Major Drug Test Manufacturer to Replace Tests with Fentanyl

Psychemedics, a leading drug-testing technology manufacturer, has unveiled an innovative screening panel that diverges from detecting cannabis, instead focusing on fentanyl and other controlled drugs, as a response to the shifting landscape due to the legalization of cannabis in numerous states. Psychemedics' updated Advanced 5-Panel Drug Screen marks a transformative step in how companies safeguard their places of work by shifting focus from cannabis to the major threat posed by fentanyl. The revamped screening panel has garnered approval from the Food & Drug Administration (FDA) and is celebrated for its enhanced accuracy in identifying amphetamines, PCP, opioids and cocaine. Psychemedics,…

FridayNov 03, 2023 4:20 am

420 with CNW — Feds Fund Central Research Center to Combat Barriers to Cannabis Research

Recently, the National Institutes of Health posted a funding opportunity notice stating that it sought an eligible body to operate a new center for marijuana and cannabinoid research via a cooperative agreement. The centralized cannabis research center would be designed to help researchers overcome barriers to studying cannabis amid federal prohibition. This is in addition to allowing scientists to generate more scientific evidence across various research domains in clinical and basic research. Addressing barriers in cannabis research has been a priority for many federal health agencies as researchers continue to be subjected to costly and taxing registration processes in order…

ThursdayNov 02, 2023 4:20 pm

420 with CNW — Scientists Discover Little-Known Compounds That Give Marijuana Unique Flavors

Scientists from the American Chemical Society have identified previously undiscovered cannabis compounds that they say are actually responsible for marijuana’s unique flavors. For the longest time, the conventional knowledge has been that chemical compounds called terpenes create the distinctive aromas of different cannabis strains. Marijuana is estimated to contain close to 400 terpenes, but researchers have discovered only around 200 and studied more than a dozen. Outside of the cannabis plant, there are more than 20,000 known terpenes, which create the unique flavors and aromas of flowers, herbs, fruits and vegetables. As such, the assumption was that terpenes were also…

ThursdayNov 02, 2023 4:20 am

420 with CNW — City Data Shows Denver Has Collected $500M in Cannabis Taxes

According to recent city data, Denver has reached a new cannabis milestone: since 2010, tax income from recreational and medical cannabis has exceeded $500 million. While Colorado celebrates exceeding $15 billion in cannabis sales since legalization, Denver's report highlights the substantial tax dollars generated locally, supporting various public programs and services. For more than a decade, Denver has added an impressive $501,538,144 to its coffers through marijuana tax revenue. The city has already collected around $33 million in marijuana taxes this year alone. The revenue stems from various sources, including medical and retail marijuana sales tax, affordable housing tax, retail…

WednesdayNov 01, 2023 4:20 pm

420 with CNW — Study Concludes Set and Setting Impact Mental Health Benefits of Cannabis

A recently published study shows that engaging in yoga after using cannabis can lead to improved mystical experiences and mindfulness. The study suggests that the surrounding environment and activities can significantly influence a person's cannabis experience. The study, which forms part of a psychology dissertation submitted at the University of British Columbia, was intended to investigate how contextual factors during marijuana consumption impact overall well-being. Study author Sarah Elizabeth A. Daniels stated that when using psychoactive substances intended for mental-health treatment, researchers frequently take into account contextual factors outside the direct effects of the drug, such as one's behavior, mindset…

WednesdayNov 01, 2023 4:20 am

420 with CNW — MasterCard, Bank of America, NRA Lobby in Support of Marijuana Banking

The Bank of America, MasterCard and the National Rifle Association are among a group of institutions that have disclosed lobbying activities related to legislation that would grant the cannabis industry access to banking services. Despite generating billions of dollars in sales, America’s state-legal cannabis industry has had no access to financial services for most of its existence. Cannabis businesses cannot access financial aid, and they are forced to operate on a cash-only basis, making them prime targets for criminals looking for liquid assets to steal. After lawmakers failed to advance cannabis banking past the U.S. Senate several times, an amended…

TuesdayOct 31, 2023 4:20 pm

420 with CNW — MSO’s Foray into Marijuana Delivery Business Births Expansion Plans

Two years ago, MariMed, a Massachusetts-based multistate cannabis operator, decided to establish a cannabis delivery service within its home state. Following comprehensive research on existing marijuana carrier services, the company contemplated two primary strategies: initiate a delivery service from scratch or look into acquiring an existing delivery company in Massachusetts. Ultimately, MariMed opted to invest in Little Dog Delivery, and the two entities formed a strategic partnership. The essence of the partnership was MariMed's aspiration for Little Dog to function as an extension of Panacea Wellness, the trio of retail establishments that MariMed owns in eastern Massachusetts. Presently, Little Dog…

TuesdayOct 31, 2023 4:20 am

420 with CNW — Marijuana Successes on Capitol Hill Galvanize Protagonist Groups

The past two decades have seen a dramatic shift in attitudes toward cannabis among both the American public and lawmakers. Millions of Americans now have access to marijuana through dozens of medical and recreational cannabis markets, and the controversial plant has strong support in legislative circles. Several polls also show that a majority of Americans support legalizing or decriminalizing the plant in some capacity. For example, a 2022 study by Pew Research Center found that 88% of American adults say medical and recreational cannabis use should be legal for adults while only 10% said cannabis shouldn’t be legal. With cannabis…