420 with CNW Archives - Page 72 of 318

ThursdayOct 12, 2023 4:20 am

420 with CNW — Marijuana Testing Scrutinized as Product Recalls, Differing Rules Draw Attention

State cannabis authorities, producers and various stakeholders are currently contending with the challenge of ensuring consumer safety in an environment where lab-testing regulations and enforcement practices vary widely across the nation, resulting in frequent large-scale product recalls. At present, each state adopts its own approach to conducting lab tests for both medical and recreational cannabis, assessing inspections, potency, contaminants and production standards. This fragmented approach has led to inconsistent regulations for testing and raised concerns about whether safeguarding consumers truly ranks as a top priority for industry players. Americans for Safe Access (ASA) founder Steph Sherer attributes this patchwork approach…

WednesdayOct 11, 2023 4:20 pm

420 with CNW — Study Finds Entourage Effect of Marijuana Triggers More Intense High Than THC Alone

When many people contemplate the euphoria induced by marijuana consumption, their thoughts inevitably gravitate toward THC, the plant's principal psychoactive constituent. However, a recent study lends support to the notion of the “entourage effect,” demonstrating that marijuana products containing a wider variety of natural cannabinoids result in an even more potent psychoactive high than those made from pure THC. This research used innovative electroencephalogram (EEG) technology, augmented by AI capabilities, to gauge the euphoria that individuals experienced while vaporizing two distinct products. The first was a full-spectrum live rosin with an average concentration of 85% THC, complemented by other natural…

WednesdayOct 11, 2023 4:20 am

420 with CNW — Florida Supreme Court Sets Date to Decide Cannabis Ballot Measure’s Fate

The Florida Supreme Court has set dates for oral arguments in a case that will determine if a state cannabis legalization measure appears on the 2024 ballot. Both the Smart & Safe Florida campaign, which sponsored the cannabis legalization proposal, and the state attorney general have spent the past few months sending briefs to Florida’s Supreme Court. Florida Attorney General Ashley Moody filed a challenge against the proposal and called for its invalidation on the grounds that it is misleading. She argued in her challenge that the measure was ‘”effectively misleading” because it doesn’t explicitly state that marijuana will still…

TuesdayOct 10, 2023 4:20 pm

420 with CNW — Could Marijuana Rescheduling Result in Nationwide Legalization?

The discussion surrounding the legalization of cannabis has remained a prominent topic in recent times, with several states choosing to take matters into their own hands by legalizing it within their borders rather than waiting for federal intervention. However, there is now a glimmer of hope on the federal front as health officials have recommended marijuana reclassification, potentially signaling a significant stride toward nationwide legalization. Unfortunately, this isn't as straightforward as it may appear. Currently, marijuana is categorized as a Schedule I drug, a classification that implies the DEA deems it as lacking a recognized medical purpose and having a…

TuesdayOct 10, 2023 4:20 am

420 with CNW — Cannabis Dispensaries Happy That SAFER Banking Act Has Progressed to Senate Floor

Cannabis businesses across the United States have applauded a recent vote by a committee of the U.S. Senate to advance cannabis banking legislation and move it to the senate floor. The committee approved a revised version of a bipartisan marijuana banking bill for the first time last week, raising hopes that America’s state-legal cannabis industry could finally gain access to financial and banking services. Members of the Senate Banking Committee voted in favor of the Secure and Fair Enforcement Regulation (SAFER) Banking Act in a 14 to 9 vote just a week after bill sponsors Senators Steve Daines and Jeff…

MondayOct 09, 2023 4:20 pm

420 with CNW — Marijuana Companies in Canada Tap Government Funding Programs

An increasing number of Canadian marijuana companies are tapping into funding sources from the government to expand their research projects amid reduced investor interest in the cannabis industry. According to a recent MJBizDaily report, cannabis companies in Canada have accessed more than $2.2 million (C$3 million) in federal funding over the past 12 months. Cannabis companies in Canada and the United States have struggled to secure capital investment indecent years. The Canadian marijuana sector has registered especially poor performance, law firm Miller Thomson notes, costing investors some $131 billion and significantly damaging investor confidence in the industry. With no other…

MondayOct 09, 2023 4:20 am

420 with CNW — California Legislators Send Marijuana Bills to Governor’s Desk

California legislators have approved a series of marijuana-related bills in their just-concluded session. The bills cover various aspects of the industry and have garnered significant attention, particularly from industry professionals. During the session, several cannabis-related laws were introduced, including one that was designed to safeguard workers who use marijuana in traditional office settings. Governor Gavin Newsom has until Oct. 14, 2023, to either reject or sign the measures. Three bills have taken center stage in discussions among California's cannabis industry insiders, those addressing issues related to social equity, labeling and consumption lounges restrictions. SB 51, which seeks to rectify historical…

FridayOct 06, 2023 4:20 pm

420 with CNW — US Nurses Association Recognizes Marijuana as Specialty Practice Area

The American Nurses Association (ANA) has released a formal statement recognizing marijuana as a specialty practice area for nursing. The statement, which was released last week, highlighted that cannabis nurses would play a crucial role in providing patients with guidance and education on how to incorporate cannabis into treatment. Currently, the ANA represents more than 5 million nurses across the United States. The organization’s president, Jennifer Mensik Kennedy, stated that this move underscored the crucial role and special contribution of marijuana nurses to the healthcare system and promoted integration of marijuana treatments for health care consumers in different healthcare settings.…

FridayOct 06, 2023 4:20 am

420 with CNW — Germany’s Marijuana Legalization Bill Advances Despite Opposition from State Representatives

Contenders of a proposed measure aiming to legalize cannabis in Germany faced a setback as they failed to garner sufficient support to thwart its progression through the legislative process. Germany's legislative framework comprises two main chambers: the Bundesrat (also known as the Federal Council), comprising individual states’ representatives, and the Bundestag, which comprises democratically elected legislators. The legalization measure was presented in the Bundesrat, where lawmakers advocated for amendments but were unable to halt its advancement. Germany’s federal cabinet, from whom the measure originally came, will now respond to the Bundesrat's input before sending the law to the Bundestag for…

ThursdayOct 05, 2023 4:20 pm

420 with CNW — Wholesale Marijuana Prices Rebound in Several States

Wholesale marijuana prices have recently found stability or even experienced slight rebounds in select markets during the summer. However, industry experts are advising cultivators to prepare for a potential renewed downward trend as the fall harvest bolsters inventories through the year's end. Ben Burstein, a strategist at LeafLink, points out that a significant inventory buildup is observed across the industry during this time of the year, particularly around the harvest season, triggering substantial price drops. LeafLink's data gathered from 13 states shows that after several months of consistently hitting record-breaking lows, wholesale cannabis flower prices have stabilized in certain well-established…