420 with CNW Archives - Page 69 of 69

FridaySep 21, 2018 4:20 am

420 with CNW – Drama Characterizes Passing of Cannabis Bill by Congressional Committee

The Medical Cannabis Research Act was finally passed by the House Judiciary Committee of Congress. This was the first time in 50 years that a Republican-dominated congressional committee has passed any legal cannabis reform legislation. Republic Mathew Gaetz and 40 other cosponsors set the momentum rolling for the Thursday vote, which paved the way for additional facilities to get licenses to grow research-grade cannabis. Congressman Matt Gaetz said that the U.S. had for too long been trapped in a catch-22 situation in which cannabis laws couldn’t be revised due to the absence of sufficient scientific research, yet that needed research could…

ThursdaySep 20, 2018 4:20 pm

420 with CNW – Ottawa Police Department Rejects Cannabis Roadside Test Kits

The police department in Ottawa, Canada, has rejected the roadside test kits which the federal government approved for catching drivers who are impaired by the consumption of marijuana. DrugTest 5000, already in use in several states across the U.S., was introduced in Canada ahead of the October 17 date when recreational cannabis will be available across the country. The Ottawa P.D. cites a number of reasons for its stance. First, the police say that the DrugTest 5000 kits are very expensive. Each unit reportedly costs $6,000. The regulations in place require the police to conduct a cannabis test as soon…

ThursdaySep 20, 2018 4:20 am

420 with CNW – Washington D.C. Sees Spike of Synthetic Marijuana Overdoses

It seems the synthetic marijuana overdoses that had the authorities in Washington, D.C worried in July have resurfaced after a lull. In one 24-hour period alone, first responders were called to assist dozens of people who exhibited severe signs of distress from K2 or Spice, a known synthetic form of cannabis. Even more distressing is the fact that students witnessed some of the victims being helped on the street as the students were strolling about during their break. This was near Mundo Verde Bilingual Public School. The authorities responded by imposing restrictions on how far students could go during their…

WednesdaySep 19, 2018 4:20 pm

420 with CNW – Cannabis and Crypto

Cannabis firms have fought regulations and misconceptions for quite a long time as they have made attempts to inform the public on the medical benefits of the plant. In the recent couple of years, cannabis companies have started recording a surge in interest, as evidenced by their monthly record sales. Investors in Wall Street project that the industry will attain a valuation of $75 billion by the end of 2030. Almost coincidentally, cryptos have also been enjoying a surge in popularity, with values of top cryptocurrencies such as bitcoin and Ethereum hitting record levels. Toward the end of 2017, the…

WednesdaySep 19, 2018 4:20 am

420 with CNW – Massachusetts Credit Union to Offer Banking Services to Cannabis Industry

The GFA Federal Credit Union has become the first financial institution to announce that it is opening its doors to recreational and medical cannabis businesses in Massachusetts. The announcement, due to take effect on October 1, brings a huge sigh of relief to numerous legitimate cannabis businesses that have struggled to attain the same level of recognition as other kinds of legal businesses within the state. GFA Credit Union revealed that it studied the legal and business sense of making its move for about a year and finally decided to open its doors to this young industry. GFA’s CEO, Tina…

TuesdaySep 18, 2018 4:20 pm

420 with CNW – UCLA Team to Investigate the Painkilling Effects of Cannabis

The U.S. Centers for Disease Control and Prevention (CDC) reported that 42,000 Americans died from an overdose of opioids in 2016 alone. Meanwhile, the consumption of cannabis by members of the American public has been growing rapidly over the years. How are these two issues related to the planned research on cannabis? Plenty of anecdotal evidence exists to support the claim that cannabis has painkilling abilities. Several scientific studies also point to the possibility of cannabis having painkilling effects. However, little reliable scientific information is available to support or disprove those claims. That may no longer be the case if…

TuesdaySep 18, 2018 4:20 am

420 with CNW – Canadian Cannabis Investors at Risk of US Entry Bans

In a disturbing development, Canadians who have invested in the cannabis industry now face the risk of being banned permanently from entering the United States. This reality came to light when a prominent Canadian venture capitalist, Sam Znaimer, was told he was permanently barred from entering the U.S. due to his equity holdings in American cannabis companies whose shares are publicly traded on Canadian stock exchanges, such as the Toronto Stock Exchange. He was shocked by the decision, since no single question had been posed regarding whether or not he consumed cannabis. His shock is understandable given the fact that…

MondaySep 17, 2018 4:20 pm

420 with CNW – Study Finds Marijuana Use Among Older Americans Has Doubled

A study published recently in the journal Drug and Alcohol Dependence has revealed that the use of cannabis among older Americans has increased remarkably from the level where it was a decade earlier. The rise was 100 percent among baby boomers (those aged 50 to 64-years), since cannabis use prevalence rose from 4.5 percent a decade ago to 9 percent, according to data collected from 2015 to 2016. Older adults (those aged 65 and above) increased their use of cannabis exponentially from 0.4 percent in 2005/2006 to nearly 3 percent 10 years later. It is also noteworthy that more than…

ThursdaySep 13, 2018 4:20 pm

420 with CNW – The Marijuana Bill Undergoes Congressional Vote

Today, the Judiciary Committee of congress is voting on the Medical Cannabis Research Act. The proposed legislation is sponsored by a Republican, Mathew Gaetz, and 40 more cosponsors from both sides of the house. The Medical Cannabis Research Act is primarily intended to remove the legal barriers to the licensing of other producers of marijuana for research purposes. Other related issues are also included in this landmark legislation. Players in cannabis medical research have previously complained that the single grower (University of Mississippi) of the plant is often unable to supply cannabis of an acceptable quality and volume for the…