420 with CNW Archives - Page 99 of 307

ThursdayDec 29, 2022 4:20 am

420 with CNW — Florida Regulators Start Process to Grant More Medical Cannabis Business Licenses

State health officials have set in motion a process to issue at least 22 medical marijuana licenses in a move to double Florida’s medical cannabis market. The health department has also published a rule making it quite expensive to renew the marijuana trading license every two years, by increasing it from $60,000 to $1 million. This increase came when Governor Ron DeSantis said the marijuana enterprises need to pay more to operate within Florida. The health officials will implement batching cycles for the license applications. The reason behind the batching introduced is to avoid costly litigation costs. This batching will…

WednesdayDec 28, 2022 4:20 pm

420 with CNW — Survey Finds Prohibitionist States Have Higher Cases of Underage Marijuana Use

Cannabis Public Policy Consulting recently conducted a new large-scale survey, which found that states which still criminalize cannabis have more underage users. The cannabis policy consulting company carried out an analysis of an extensive range of cannabis use trends and public health outcomes in 25 states. They included states where adult-use marijuana is legalized, where only medical cannabis is permitted and where marijuana is completely prohibited. The survey’s findings back the notion that regulated marijuana markets encourage positive marijuana-related outcomes to public health and also promote responsible behaviors. The survey focused on various factors, including the age of initiation for…

WednesdayDec 28, 2022 4:20 am

420 with CNW — Bipartisan Legislators Call on Biden to Support Cannabis Legalization

While the Biden administration is working toward conducting a review into the federal scheduling for marijuana, a coalition of bipartisan congressional lawmakers is requesting Biden to stand behind marijuana legalization. “We might not frequently agree on particular measures, but we understand that continued federal marijuana criminalization and prohibition is not the will of the American citizenry. Therefore, the administration should acknowledge the scheduling review directive and also be cognizant of the advantages of full descheduling,” says the letter. Advocates plan to deliver the letter to Biden’s top cabinet officers over the coming days. This letter was obtained by various media…

TuesdayDec 27, 2022 4:20 pm

420 with CNW — Why the Cannabis Blackmarket Is Still Going Strong Despite Widespread Legalization

Cannabis has been one of the most used drugs in the country for quite a while, drawing most of these supplies from the illegal market until states began loosening their own cannabis policies and launching legal markets. But despite nationwide efforts to legalize marijuana for adults aged 21 and over, data shows that the marijuana black market is still going strong. States with massive cannabis industries such as California are finding it hard to compete with the illicit market for cannabis. Data shows that black market sales account for more than 80% of California’s entire marijuana market. In fact, legal…

TuesdayDec 27, 2022 4:20 am

420 with CNW — Report Shows Quarterly New Jersey Recreational Cannabis Sales Surpassed $100 Million for First Time

Last week, the state of New Jersey released ITS latest sales figures, which show that adult-use cannabis sales surpassed $100 million for the first time during the third quarter of this fiscal year. New Jersey’s adult-use market was officially launched in April of this year. During the first 10 weeks of sales, the state raked in almost $5 million in cannabis tax revenue. The state’s Cannabis Regulatory Commission reported that adult-use marijuana sales between July and September totaled $116,572,533. This represents a 46% increase from the $79,698,831 recorded in the second quarter. Medical cannabis sales also grew slightly, moving to…

ThursdayDec 22, 2022 4:20 pm

420 with CNW — Cannabis Banking Drives Wedge Between Senate Republicans

The results of the November midterms created a sense of urgency among supporters of cannabis banking legislation. This is because the chances of this bill passing in the next Congress dimmed when Republicans wrested control of the House of Representatives from Democrats and denied the Democrats a solid majority in the Senate. Renewed efforts were therefore invested to see to it that some form of cannabis banking reform is approved during the lame duck session prior to the commencement of the new Congress. That renewed vigor seems to be failing to bear fruit, however, and the GOP is being divided…

ThursdayDec 22, 2022 4:20 am

420 with CNW — DOJ Official Explains Upcoming Process to Gain Presidential Marijuana Pardon

In early October, President Joseph Biden announced that he would pardon thousands of Americans who were convicted of simple marijuana possession at the federal level. President Biden also called on governors to begin the process of issuing pardons for similar cannabis convictions at the state level, saying in a public statement that no one should be jailed for just possessing or using marijuana. However, the pardon would not apply to noncitizens who did not have legal status when they were arrested and convicted. At the time, the White House stated that the Office of the Pardon Attorney would soon make…

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.…

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