420 with CNW Archives - Page 48 of 314

WednesdayApr 10, 2024 4:20 pm

420 with CNW — Florida’s Highest Court Greenlights Adult-Use Marijuana Ballot Measure

Florida’s Supreme Court rendered a ruling on April 1, 2024, permitting an initiative aiming to legalize recreational cannabis to be included on the state’s November ballot. Two justices dissented from the measure, while five justices were in support of it. The proposed measure would allow anybody who is 21 years of age or older to own, purchase or use cannabis products and accessories for their own personal use, including smoking, ingesting or using in other ways. It also authorizes medical-marijuana treatment facilities and other licensed businesses to carry out operations such as purchasing, growing, processing, producing, selling and distributing accessories…

TuesdayApr 09, 2024 4:20 pm

420 with CNW — California Officials Dispatch $12M in Grants to Fix Drug-War Harms

California authorities have allocated $12 million in grants to various cities in the state, funded by taxes from cannabis sales. These funds are provided to support equity initiatives for individuals disproportionately affected by previous antidrug campaigns. This latest disbursement is part of the ongoing Marijuana Equity Grants Program for Local Jurisdictions, administered by the Governor’s Office of Business and Economic Development (GO-Biz). The primary objective is to promote economic justice by addressing the historical impacts of marijuana prohibition and the antidrug war. The program seeks to eliminate hurdles for individuals and communities seeking to participate in the regulated marijuana industry.…

MondayApr 08, 2024 4:20 pm

420 with CNW — Pew Poll Finds Only 11% of Americans Want to Retain Ban on Marijuana

A recent survey conducted by the Pew Research Center reveals that an overwhelming majority of Americans, nine out of ten, support the legalization of cannabis for either medical or recreational purposes. Further, most respondents believe that legalizing cannabis enhances local economic growth and promotes fairness within the justice system. Released on March 26, 2024, the report indicates that 88% of Americans endorse some form of legalization, with 57% advocating for both medical and recreational use accessibility. Only a small fraction, 11%, opposes marijuana legalization entirely. The survey identified consistent patterns among various demographics. Democrats showed higher support for complete legalization…

FridayApr 05, 2024 4:20 pm

420 with CNW — US Marijuana Sales Expected to Be in Excess of $31B in 2024

The United States anticipates surpassing $31 billion in regulated cannabis sales this year, according to recent projections from Whitney Economics, a hemp and cannabis consulting company based in Portland, Oregon. The estimate suggests that recreational and medical cannabis legal sales will reach approximately $31.4 billion this year, marking a $2.6 billion rise from the previous year, equating to a 9.14% yearly growth rate. The forecast highlights challenges faced by the industry, including alterations in consumer spending ability, elevated interest rates and postponed enactment of regulations in new state markets post-COVID-19 pandemic. Despite these hurdles, the overall growth of the marijuana…

ThursdayApr 04, 2024 4:20 pm

420 with CNW — Partial Legalization of Cannabis in Germany to Take Effect in April

The German parliament has given the green light to partially legalize marijuana for recreational personal use, ushering in some of Europe’s most lenient cannabis regulations. The substance was made legal for recreational use in Malta and Luxembourg in 2023 and 2021, respectively. The Netherlands, on the other hand, which is renowned for having lax marijuana laws, has started toughening up on sales to visitors and nonresidents. The German approval came following a landmark vote in the Upper House, or Bundesrat, where legislators endorsed the measure. Once the new regulations take effect on April 1, 2024, individuals will be allowed to…

WednesdayApr 03, 2024 4:20 pm

420 with CNW — California Bill Seeks to Curtail Cannabis Employment Protections for Safety-Sensitive Jobs

A recent bill in California that was originally intended to amend the state’s current rules protecting workers from discrimination based on their use of legal cannabis has undergone substantial changes to rescind the protections for several workers, including those in animal control, law enforcement and coroners’ offices. The initial measures passed in 2022 and 2023 limited the use of punitive measures against workers for marijuana use while they were off duty and prohibited companies from asking applicants about their prior cannabis usage. However, SB 1264, under Senator Shannon Grove’s sponsorship, seeks to carve out exceptions for certain job roles. These…

TuesdayApr 02, 2024 4:20 pm

420 with CNW — Schumer Sends Out Petition Urging Public to Express Support for Cannabis Banking Legislation

Chuck Schumer, the Senate Majority Leader, is rallying public support for a bill focused on facilitating banking services for cannabis-related businesses through an online petition. In a recent communication concerning this endeavor, he reaffirmed his stance in favor of a comprehensive federal legalization of marijuana. In the wake of continuing congressional discussions on budgetary appropriations, the SAFER Banking Act has come back into focus. Schumer, in an email communication, highlighted the challenges faced by state-licensed marijuana businesses in accessing banking facilities nationwide. Schumer paints a picture of the predicament faced by these businesses, unable to access basic financial services such…

MondayApr 01, 2024 4:20 pm

420 with CNW — Another Federally Backed Study Finds Recreational Marijuana Legalization Doesn’t Increase Youth Use

A recent study supported by federal funds has found no clear link between the legalization of cannabis for adult use and an increase in its consumption among middle schoolers. To investigate the impact of legal sales on youth usage, researchers conducted a comparative analysis of middle-school usage rates in New Mexico and Nevada, utilizing data from state-conducted surveys in 2017 and 2019. Notably, during this period, Nevada permitted adult-use cannabis sales while New Mexico restricted its use to medical purposes only. Across both states, the study uncovered rises in the percentages of middle schoolers who had experimented with marijuana and…

ThursdayMar 28, 2024 4:20 pm

420 with CNW — New York to Evaluate Struggling Cannabis Industry as Hiccups Allow Illicit Market to Flourish

Kathy Hochul, the governor of New York, has issued an order to reassess the state’s adult-use cannabis licensing program due to various setbacks. Those hurdles, including lawsuits and administrative challenges, have not only stood in the way of the legal marijuana market but have also led to the proliferation of illicit sellers. The assessment aims to identify ways to expedite license processing and facilitate quicker business openings. Additionally, the assessment will conduct a comprehensive review of the state’s Office of Cannabis Management’s (OCM) organizational structure and procedures. Hochul, a member of the Democratic Party, has openly complained about the launch…

WednesdayMar 27, 2024 4:20 pm

420 with CNW — Colorado Bill Seeking to Silence Social Media Posts on Marijuana Raises Concern

A conservative think tank in Colorado has voiced worries about a proposed measure that could have an impact on internet discussions of cannabis and associated products, including hemp. The bill, SB24-158, covers various aspects of internet regulations, including content policies and age verification. A noteworthy clause in it targets social media companies, mandating that they immediately take down any content that sells, promotes or endorses narcotics that are considered illegal. The definition of “illicit substance” in the bill is expansive, encompassing not just illegal drugs but also substances regulated in the state. It broadly refers to controlled substances categorized under…

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