FridayNov 10, 2023 4:20 am

420 with CNW — Study Finds Higher Increase in Home Valuations in Legal States vs. Cannabis Prohibitionist States

Home values in states with legal cannabis markets have grown at significantly faster rates over the past decade compared to prohibitionist states. According to a Leafly and Real Estate Witch study, homes in cannabis states are 41% higher in value than homes in states without legal cannabis markets. The paper looked at the potential impact of recreational or medical cannabis markets on average American home prices from 2014–2023. Although states such as California began legalizing medical cannabis more than a decade ago, the past decade has seen a multitude of states legalize the controversial plant. With dozens of states now…

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ThursdayNov 09, 2023 4:20 pm

420 with CNW — Study Predicts $260M Addition to Ohio’s Economy After Cannabis Legalization

Despite differing opinions among ardent supporters, cannabis legalization in Ohio could entail certain drawbacks. Nonetheless, an economic analysis published last week suggests that the advantages would surpass these drawbacks by a yearly sum of $250 million. Issue 2, a proposal to legalize recreational cannabis in Ohio, is set for the upcoming election on Tuesday. A study conducted by Scioto Analysis sought to assess the potential benefits and drawbacks of such a step in a state where medical cannabis is already legal. To conduct the analysis, the research group drew on findings from states such as Colorado and Washington, where recreational…

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ThursdayNov 09, 2023 4:20 am

420 with CNW — Connecticut Doubles Recreational Cannabis Purchase Limit

Beginning in December, adults in the state of Connecticut will be allowed to buy up to one-half an ounce of cannabis in one retail transaction. This comes after the state doubled its purchase limit from quarter of an ounce of marijuana. The state’s Department of Consumer Protection announced the scheduled increase last week, explaining that it was the result of a continuing analysis of demand and supply and was designed to make certain businesses maintain sufficient supply for both medical cannabis patients and adult-use consumers. It should be noted, however, that the limits imposed on medical cannabis remain unchanged. The…

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WednesdayNov 08, 2023 4:20 pm

420 with CNW — University of Buffalo Professor Receives $3.2M Grant to Study Cannabis Among Cancer Patients

The National Institutes of Health's (NIH) National Cancer Institute has allocated $3.2 million to fund a study exploring the impact of marijuana use on cancer patients undergoing immunotherapy treatment. The grant, announced by the University of Buffalo (UB), aims to conduct a comprehensive yearlong examination of how cannabis use by cancer patients affects their response to conventional cancer treatments. Specifically, the study focuses on patients undergoing immunotherapy, a treatment known for its reduced side effects compared to chemotherapy. Speaking at a National Academies of Sciences, Engineering, and Medicine (NASEM) meeting last month, an NCI representative expressed the organization's desire to…

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WednesdayNov 08, 2023 4:20 am

420 with CNW — Study Finds Increase in Traffic Fatalities in Prohibitionist States, Drop Where Cannabis Is Legal

A new study from Quartz Advisor has found states that legalized cannabis since 2016 registered a “meaningful decline” in traffic fatalities. Interestingly, the paper found that states that have continued to criminalize cannabis possession and use have seen a slight increase in traffic fatalities. The study goes against the notion that legalizing cannabis would lead to higher rates of driving under the influence and result in more traffic fatalities. While prohibitionists argued that legalizing cannabis would prove to be a danger to the public, this study suggests that ending cannabis prohibition may have a connection with fewer traffic accidents and…

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TuesdayNov 07, 2023 4:20 pm

420 with CNW — Minnesota University-Led Study Uncovers Medical Marijuana Usage Patterns

Research led by the University of Minnesota in partnership with Vireo Health looked into patterns of medical marijuana consumption and use. Currently, the medical use of marijuana is legal in 38 states in the United States, the federal District of Columbia and 4 inhabited territories. Despite the rising use of medical marijuana, state-cannabis programs don’t have consistent guidelines governing products being consumed by patients, particularly for THC and CBD. CBD (cannabidiol) and THC (tetrahydrocannabinol) are the two primary compounds found in marijuana. While THC does induce a high when consumed, CBD does not. Both compounds interact with the body differently,…

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TuesdayNov 07, 2023 4:20 am

420 with CNW — Georgia Pharmacies Start Selling Medical Marijuana Oil

Oct. 27, 2023, marked the first day of medical cannabis sales at independent pharmacies in Georgia, with Robin’s Pharmacy, Allen Pharmacy Group and Omega Pharmacy becoming the first to secure state licenses for the sale of low-THC (less than 5% concentration) medical cannabis products. Dr. Ankit Patel of Robins Pharmacy expressed his excitement, calling it a historic moment. He had been closely monitoring the development of the state’s cannabis laws for about four years, eagerly awaiting the opportunity for independent pharmacies to stock these products. To gain state approval, pharmacies need to undergo inspections by the Georgia Drugs & Narcotics…

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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…

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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…

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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,…

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