420 with CNW Archives - Page 65 of 301

WednesdayAug 02, 2023 4:20 am

420 with CNW — Investors Weigh in On Whether Europe Can Sidestep Challenges America’s Cannabis Industry Has Faced

The most significant development in Europe’s marijuana market took an unexpected turn this year. Despite expectations, Germany decided against legalizing the recreational use of marijuana. Instead, the country diluted its plans for law reform following consultations with regulatory bodies. Now, one might wonder if this decision sets a negative precedent for venture capitalists (VCs) investing in European cannabis startups. Surprisingly, it may not be all bad news; in fact, it could prove beneficial for some. Óskare Capital cofounder Oliver Lamb views Germany's cautious approach positively, especially for the medical and pharmaceutical sectors. Drawing lessons from North America's experience, Lamb highlights…

TuesdayAug 01, 2023 4:20 pm

420 with CNW — Luxembourg Starts Implementing Marijuana Legalization Law

Luxembourg has finally begun implementing legislation that legalized the possession, use and personal cultivation of marijuana. Advanced by the Luxembourg parliament last month, the marijuana legalization bill took effect last week and makes Luxembourg the second nation in the European Uniont to end the era of marijuana prohibition after Malta. The bill advanced via a 38 to 22 vote about two year after lawmakers first proposed the idea of ending cannabis prohibition. The ministers of Homeland Security and Justice tabled the legalization bill in 2021, setting the stage for marijuana legalization in the country. Justice Minister Sam Tanson said at…

TuesdayAug 01, 2023 4:20 am

420 with CNW — DOD, VA Oppose Medical Cannabis but Stay Neutral on Psychedelics

The U.S. Departments of Defense and Veterans Affairs both hold firm opposition to the use of cannabis in treating PTSD. However, when it comes to psychedelics such as LSD and psilocybin, their stance is more neutral, asserting the need for further research. In a recent update to joint clinical practice guidelines, the departments offered recommendations on various therapies to address acute stress disorder and PTSD commonly affecting military veterans. Despite many veterans turning to cannabis for symptom relief, the DOD/VA Management of Post-Traumatic Stress Disorder and Acute Stress Disorder Work Group is wholly against this alternative treatment. While the work…

MondayJul 31, 2023 4:20 pm

420 with CNW — State Cannabis Associations Implore Senate to Pass Cannabis Banking Law

A group of state cannabis associations is asking Senate leaders to advance bipartisan cannabis banking legislation as soon as possible. The American Trade Association for Cannabis and Hemp (ATACH) alongside marijuana trade associations from 16 other states sent a letter to Senate Banking Committee chair Sherrod Brown and committee member Tim Scott emphasizing the need for immediate cannabis banking reform. ATACH was joined by trade associations representing cannabis businesses from Hawaii, Arizona, Alaska, Alabama, Nevada, New York, New Jersey, Maryland, Illinois, California, Washington State, Ohio, Pennsylvania, Montana, Mississippi, District of Columbia and Missouri. These entities joined together to urge the…

MondayJul 31, 2023 4:20 am

420 with CNW — Study Finds Medical Cannabis Beneficial to Military Veterans’ Quality of Life

According to a new study, the vast majority of American military veterans who use medical marijuana claim noticeable increases in their general well-being. The study, conducted by a team from the University of Utah, the University of Massachusetts and various marijuana research institutes, analyzed survey data from more than 500 veterans who openly admitted to using marijuana. The goal was to gain deeper insights into the motives and outcomes of their cannabis usage. Interestingly, approximately 67% of respondents disclosed that they use marijuana on a daily basis. For 30% of these veterans, marijuana serves as a valuable substitute for conventional…

FridayJul 28, 2023 4:20 am

420 with CNW — Study Shows Proximity Vital to Customers Buying Cannabis from Licensed Stores

Marijuana retailers are well aware of the fact that customers prefer to purchase cannabis from nearby sources when possible. This intuition is supported by a recent study on Canada's legalized marijuana market, which shows that consumers are much more likely to purchase products from legal marketplaces if they are close to licensed retailers. The research, which is slated for publication in the “Journal of Studies on Drugs and Alcohol,” explores the relationship between Canadian marijuana users' proximity to authorized retail establishments and their decision to buy cannabis products. Notably, respondents were more likely to choose legal establishments and less likely…

ThursdayJul 27, 2023 4:20 pm

420 with CNW — Ohio to Move Medical Cannabis Regulation Away from Board of Pharmacy

Ohio lawmakers have passed an operating budget with provisions that effectively remove the Board of Pharmacy as the entity in charge of the state’s cannabis industry and replace it with a new Division of Marijuana Control. The new regulatory agency for all cannabis-related matters will function under the auspices of the Ohio Department of Commerce. Ever since former Ohio Governor John Kasich signed House Bill 523 into law and launched the state’s medical marijuana program, both the pharmacy and commerce departments had been tasked with overseeing the fledgling medical cannabis program. While the commerce department handled marijuana cultivators, processors and…

ThursdayJul 27, 2023 4:20 am

420 with CNW — Study Links Cannabis to Reduced Pain, Elevated Runner’s High

A recent study has unveiled a fascinating connection between marijuana usage and an enhanced exercise experience, particularly for runners. The study, conducted by researchers at the University of Colorado Boulder, focused on 49 runners. The individuals were asked to evaluate their running experiences under two conditions: one after consuming cannabis and the other without any marijuana intake. The findings, recently published in the “Cannabis and Cannabinoid Research” journal, revealed that participants had significantly fewer negative emotions and greater feelings of positive affect, dissociation, enjoyment and tranquility during their marijuana-influenced runs compared to their nonmarijuana runs. Furthermore, the intriguing concept of…

WednesdayJul 26, 2023 4:20 pm

420 with CNW — Why Employers Are Ditching Pre-Employment Cannabis Testing

The changing legal framework surrounding marijuana makes it more difficult for companies to screen for marijuana-consuming applicants. According to an article by the Washington Post, the rapidly evolving state legislation concerning marijuana, combined with a shortage of eligible workers, has led to an increasing number of employers no longer requiring applicants to undergo a marijuana drug test as a condition for employment. Amber Clayton, the senior director of knowledge center operations at the Society for Human Resource Management, explained that employers are grappling with the challenge of navigating these laws while ensuring the safety of their workforce. “We need to…

WednesdayJul 26, 2023 4:20 am

420 with CNW — Ohio Adds IBS to Medical Cannabis Qualifying Conditions List

Regulators in Ohio have added irritable bowel syndrome (IBS) to the state’s medical marijuana list of qualifying conditions. During the recent Ohio State Medical Board meeting, lawmakers made irritable bowel syndrome the 26th qualifying condition for a medical marijuana license in the state. IBS is one of the most common chronic conditions in America, affecting an estimated 25 to 45 million people in the country and costing the U.S. a whopping $1.3 billion in medical costs annually. The chronic condition is characterized by symptoms such as abdominal pain, diarrhea, cramping, gas and bloating, and affects roughly 5% to 10% of…