420 with CNW Archives - Page 53 of 296

TuesdaySep 26, 2023 4:20 am

420 with CNW — Federal Data Reveals Uptick in Financial Institutions Serving Cannabis Firms

New data from the Financial Crimes Enforcement Network (FinCEN) has revealed that a growing number of financial and credit institutions are working with businesses in the cannabis sector. America’s state-legal cannabis industry has had limited access to banking and financial services for most of its existence because marijuana is still classified as a Schedule I product at the federal level. Unable to access bank accounts or use cashless payment services, cannabis businesses across the country had no choice but to operate on a cash-only basis, which significantly increased their risk of violent robberies. However, after industry players and lawmakers spent…

MondaySep 25, 2023 4:25 pm

420 with CNW — US DOJ Starts Issuing Cannabis Pardon Certificates Following Mass Pardons by Biden

The issuance of formal certificates by the Justice Department to individuals who were pardoned by President Joseph Biden in October 2022 seems to have commenced. While neither the Office of the Pardon Attorney nor the Department of Justice have formally announced the issuance of these certificates, some applicants have received digital copies. Last week, Kevin B. Gilnack shared an image of his pardon certificate on social media. These pardon certificates will allow those whose marijuana possession convictions were overturned by the executive order to show that they received clemency. This will help prevent hurdles they may face in obtaining housing,…

MondaySep 25, 2023 4:20 am

420 with CNW — Nebraska Campaigners Start 2024 Medical Cannabis Legalization Drive

Activists in Nebraska have initiated a fundraising campaign to garner support for the inclusion of two medical cannabis legalization proposals on the state's 2024 ballot. The group, Nebraskans for Medical Cannabis (NMM), has already begun the circulation of petitions and claims to have satisfied signature requirements in two counties by the end of last month. The recent launch event held in Lincoln aimed to address a significant hurdle faced last year: the loss of vital funding after a major donor's tragic death in a plane crash. This is the third attempt by NMM to present the reform proposal to voters,…

FridaySep 22, 2023 4:20 pm

420 with CNW — Government Analysis Foresees Cannabis Scheduling Change by DEA

A recent government analysis predicts that the Drug Enforcement Administration (DEA) will most likely reschedule marijuana following the recommendation of federal health authorities. The DEA affirmed to Congress in 2020 that it is required by law to give the Department of Health and Human Services (HSS) precedence on matters of science and health in a report released on Sept. 13 by the Congressional Research Service (CRS), a think tank for public policy run by the federal government. Based on the analysis, it is unlikely that the federal drug policy will be advanced in a way that may be revolutionary. This…

FridaySep 22, 2023 4:20 am

420 with CNW — Brazilian Study Suggests Cannabis Helps Against Autism

With emerging research showing that cannabis holds promise for various health conditions, it comes as no surprise that some scientists have started conducting research on the drug’s usefulness in managing autism. Global researchers estimate that about 1% of the total population worldwide suffer from autism. However, few patients receive diagnoses, with many going about their daily lives undiagnosed. Now new research by a team of scientists in Brazil has made a new discovery concerning the use of cannabis extracts in managing autism. This isn’t the first study to evaluate this link, as a number of separate studies have also noted…

ThursdaySep 21, 2023 4:20 pm

420 with CNW — Minnesota Supreme Court Says Cannabis Smell Insufficient Justification for Searching Vehicles

The Minnesota Supreme Court has established that the mere presence of a cannabis scent does not, by itself, provide sufficient grounds for law enforcement officers to conduct a vehicle search. The ruling stemmed from an incident that occurred during a traffic stop in Meeker County in 2021 when Adam Torgerson found himself being pulled over by Litchfield police for excessive auxiliary lights on his car’s grill. During the stop, one of the officers claimed that they could detect the scent of marijuana emanating from the open car window. Torgerson, accompanied by his wife and a child, vehemently denied the presence…

WednesdaySep 20, 2023 4:20 pm

420 with CNW — Twist of Fate? DEA Now Tasked with Steering Marijuana Rescheduling

The United States is on the brink of a groundbreaking shift in its approach to marijuana policy. However, a significant obstacle stands in the way of this reform: the Drug Enforcement Administration (DEA). Recognizing marijuana’s medical value, the U.S. Department of Health and Human Services ( HHS) recommended reclassifying marijuana as a Schedule III controlled substance in response to President Joe Biden's call for a comprehensive review of marijuana scheduling last year. This pivotal moment in federal government policy places the key marijuana decision in the hands of the DEA, an agency historically associated with the country's war on drugs.…

WednesdaySep 20, 2023 4:20 am

420 with CNW — Marijuana ETFs See Green as Hopes for Federal Marijuana-Policy Reform Rise

Cannabis Exchange-Traded Funds (ETFs) surged in value in September as positive federal action renewed investor interest in the cannabis industry. Shortly after the U.S. Department of Health and Human Services recommended that the Drug Enforcement Administration (DEA) reclassify cannabis to Schedule III from Schedule I and ease federal marijuana restrictions, marijuana-related ETFs began to soar as investors started investing in the cannabis industry. America’s state-legal cannabis sector is the fastest-growing sector in the nation, generating billions of dollars in yearly revenue. However, the industry has been consistently handicapped by federal regulation. Federal law still classifies cannabis as a Schedule I…

TuesdaySep 19, 2023 4:20 pm

420 with CNW — Caribbean, Latam Nations Agree War on Drugs Has Failed, New Solutions Needed

A coalition of 19 Caribbean and Latin American nations has jointly released a statement, underscoring the imperative need for a reevaluation of global drug policies. In a conference held over the weekend, these countries expressed their dissatisfaction with the current punitive strategy for combating the global drug issue, noting that it has failed to yield the desired results and has often exacerbated underlying problems while exploiting the vulnerabilities of their societies and territories. The statement received support from representatives of numerous nations, including Brazil, Uruguay, Nicaragua, Colombia, Guatemala, El Salvador, Panama, Venezuela, Chile, Bolivia, Cuba, Honduras, Ecuador, Costa Rica, Peru,…

TuesdaySep 19, 2023 4:20 am

420 with CNW — Cannabis Rescheduling Recommendation Far Below Biden’s Campaign Promises, Advocates Say

Nearly two years after President Joe Biden took office, policy experts and drug-reform advocates aren’t happy with the Biden administration’s efforts to fulfill the campaign’s cannabis promises. Last month, the Biden administration recommended that the U.S. Drug Enforcement Administration (DEA) reclassify marijuana and asked federal drug officials to consider removing the decades-long restrictions on marijuana. The Department of Health and Human Services (HHS) issued the cannabis rescheduling recommendation to the DEA after President Biden sent a request to the HHS calling for a review of the rescheduling of marijuana as a Schedule I drug with no medical application. Schedule III…

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