420 with CNW Archives - Page 91 of 298

WednesdayDec 21, 2022 4:20 pm

420 with CNW — Federal Survey Shows Teen Marijuana Use Remained Unchanged in 2022

As other states join in legalizing marijuana post-pandemic, teenagers’ use of cannabis has remained stable through 2022. The director of the National Institute on Drug Abuse (NIDA), Nora Volkow had earlier deduced that the drop in teenage substance abuse was because of the COVID social restrictions. There was an expectation of an upsurge in substance use post-pandemic, but that was not the case. The previous month/daily marijuana intake among the senior high school kids was unchanged. “Use of cannabis, among the senior high schoolers, has remained a plateau,” an officer from NIDA said. It is also reported that cannabis vaping…

WednesdayDec 21, 2022 4:20 am

420 with CNW — Oregon Lawsuit May Allow Interstate Cannabis Commerce as Congress Remains Inactive

Decades after California legalized medical cannabis and launched an industry that would soon be worth billions of dollars in revenue, interstate cannabis is still virtually nonexistent. But even though America’s state-legal cannabis industry now employs hundreds of thousands of people and generates billions of dollars in taxes, there is little to no interstate commerce between states with legal markets. This is partly because most of these states included stipulations in their regulator frameworks that prevented them from trading with other states. As a result, cannabis producers cannot ship their products across state lines or source cannabis-related raw materials from other…

TuesdayDec 20, 2022 4:20 pm

420 with CNW — A Recap of Cannabis Reform Wins in 2022

The 2022 cannabis reform has notched sizeable wins, adding three new states into adult-use cannabis legalization. NORML emphasizes how active lawmakers have been under the prohibition status quo and are looking for new policies that would build on the cannabis reform movement. By last count, 21 states have legalized cannabis for adult use with a even more accessing medical marijuana. Voters were instrumental in repealing prohibitions placed on marijuana, thus offering relief to millions suffering from the effects of prohibition, said NORML deputy director Paul Armentano. While the focus is on legalization and reform setbacks, lawmakers have achieved some victories.…

TuesdayDec 20, 2022 4:20 am

420 with CNW — Canadian Medical Marijuana Companies Target Patients with Health Cover

As the marijuana market diminishes, Canadian entities are focusing on selling medical marijuana to patients whose employers provide MMJ health benefits. Alberta’s Aurora Cannabis and other market players have taken up a benefits-focused clinical strategy even as prices fall in the country’s broken-down, aggressive adult-use marijuana market. But the uptake of medical cannabis benefit coverage is low. Prior to adult-use legalization, analysts expected the coverage would be a great area for self-insured benefits plans. That didn’t manifest as expected because few have adopted the coverage. This coverage has two types — the self-insured and the fully insured — says Mike…

MondayDec 19, 2022 4:20 pm

420 with CNW — Germany Could Trigger Domino Effect of Marijuana Legalization in Europe

While the United States and other areas spent the past two decades legalizing cannabis within their borders and launching multibillion dollar cannabis industries, Europe focused more on cannabis decriminalization. Unlike legalization, which made it possible to grow, process and sell cannabis without legal repercussions, cannabis decriminalization is simply intended to remove criminal charges from cannabis possession and use, but does not facilitate the marijuana trade. With states such as Colorado and California bringing in billions of dollars worth of cannabis sales taxes, countries across the Atlantic have begun taking notice. In a recent move that could trigger a domino effect…

MondayDec 19, 2022 4:20 am

420 with CNW — Report Documents Safety Risks Linked to Cash-Intensive Marijuana Businesses

The congressional marijuana banking reforms are in limbo. A report highlights one key issue that supporters argue makes legislation paramount: the fact that cash intensive marijuana dispensaries are seriously exposed to crime. While some think those entities are prone to burglary because thieves come for the product, other report that cash is the primary lure. Marijuana markets are the target of burglaries, including some that turned violent and even fatal in 2021. In less than five months, almost 100 shops in Washington state were robbed, leading to increased calls from lawmakers to pass the Secure and Fair Enforcement (SAFE) banking…

FridayDec 16, 2022 4:20 pm

420 with CNW — Veterans’ Organizations Urge Congress to Approve Medical Cannabis Research Bill

Last week, a syndicate of more than 20 veterans’ service organizations forwarded a letter to congressional leaders, urging them to approve the VA Medicinal Cannabis Research Act before the end of the current session. The organizations included Disabled American Veterans, AMVETS and Iraq and Afghanistan Veterans of America. These veterans’ service organizations want legislators to pass the cannabis and veterans research legislation, which would make it necessary for the Department of Veterans Affairs to carry out clinical trials studying the therapeutic potential of marijuana for military veterans. The letter states that many veterans have, for decades, requested that medicinal marijuana…

FridayDec 16, 2022 4:20 am

420 with CNW — FDA Seeks More Data in Fight Against Delta-8 THC Products

The FDA is seeking more data and evidence about the safety of cannabis derivatives while touting its progress to aid agencies at state level in exposing a company that sells Delta-8 THC chewables that have “damaging” after effects. The FDA has also been criticized recently due to lack of rules allowing hemp-derived products to be marketed as diet supplements. The agency insists on the need for more data and seeks support from the legislative arm of Congress. In a data collection bid, the FDA published a fact-finding notice seeking information on the availability and capabilities of able small-business sources to…

ThursdayDec 15, 2022 4:20 pm

420 with CNW — Choking Under Illicit Cannabis, Oregon Mulls Tougher Industry Laws

Almost a decade ago, voters in the state of Oregon approved a resolution that would legalize the recreational use of cannabis. This move made it the first state in the country to do so. Many believed that the drug’s legalization would reduce problems brought about by marijuana’s illegal manufacture in the state. This has not been the case, however, with the illicit production of the drug increasingly significantly since then. Legislators are now focused on making laws against the illicit growers even stricter, having heard numerous complaints from legal growers as well as law enforcement. Various regions in the state…

ThursdayDec 15, 2022 4:20 am

420 with CNW — Cannabis Sales Slow as Pandemic Eases

Marijuana sales declined across the U.S. markets after the sale spike at the onset of the pandemic. This slowdown came after the industry faced economic and regulatory tests, causing people to channel their spending money elsewhere. Small enterprises find it hard to penetrate the populated market because there isn’t sufficient investment money. The cannabis industry is also on hold, awaiting regulation by the federal government to boost its sales nationwide. Oregon and Washington states, where the cannabis market is already established, are recording low sales at the retail outlets, a cannabis data firm Headset reports. In addition, sales were 11%…