Cannabis Stocks Archives - Page 15 of 16

FridayMar 22, 2024 10:00 am

Companies Sue Federal Government, Saying Cannabis Prohibition Isn’t Premised on Rationality

A recently filed lawsuit argues that the ongoing prohibition of marijuana has no rational basis. The lawyers representing a group of cannabis companies have based their argument on the federal government’s current approach on the matter. They argue that legislators and the executive branch have deserted their mission to eliminate illegal interstate commerce of marijuana, which was enforced with the establishment of the Controlled Substances Act. The lawyers note that with more states legalizing and regulating recreational and/or medical marijuana and offering consumers safe and local access to the drug, they are actively decreasing illegal interstate commerce as more individuals…

ThursdayMar 21, 2024 4:20 pm

420 with CNW — Bipartisan Lawmakers Express Concern About Persisting Barriers to Marijuana Research

Two bipartisan Congress lawmakers have expressed serious concerns about the slow progress in implementing a measure that President Joseph Biden signed into law aimed at simplifying cannabis research procedures. Representatives Andy Harris from Maryland and Earl Blumenauer from Oregon sent a letter to the heads of the U.S. Health and Human Services (HHS) and the U.S. Drug Enforcement Administration (DEA) seeking clarification on how marijuana research should be facilitated under the Medical Marijuana and Cannabidiol Research Expansion Act signed into law by the president in 2022. Harris and Blumenauer, despite their differing views on more general marijuana policy matters, collaborated…

WednesdayMar 20, 2024 10:00 am

Congressional Committee to Hold Hearing on Psychedelics, Medical Cannabis Bills for Veterans

This week a congressional committee will be considering two measures on psychedelics and medical cannabis for military veterans. The House Veterans’ Affairs Health subcommittee will be discussing a measure that would require the veterans’ affairs department to carry out and support studies on the safety and effectiveness of forms of marijuana for post-traumatic stress disorder and chronic pain, among other eligible conditions. The measure, called the Veterans CARE Act, was sponsored by Representative Mariannette Miller-Meeks. The legislation also stipulates that the research conducted must include extracts and plants, at least three varieties of marijuana with varying concentrations of CBD and…

FridayMar 15, 2024 10:00 am

Reports Suggest DEA Resisting Pressure from White House to Reclassify Marijuana

According to a recently published article, some Drug Enforcement Administration officials may be resisting calls to move cannabis to a lower schedule. This has created tension with the White House, especially as the president continues to laud his role in spearheading the marijuana review. Certain officials appear to be contesting scientific findings from the U.S. Health and Human Services, which were the basis of the department’s recommendation that cannabis be resclassified under the Controlled Substances Act. The article highlights that the officials are concerned about issues linked to THC potency and are still not convinced by the conclusion made by…

WednesdayMar 13, 2024 11:00 am

How Illinois’ Adult-Use Cannabis Prices Compare Regionally

In 2023, the state of Illinois raked in billions in recreational cannabis sales. This is despite the fact that prices in the state are among the highest in the country. In total, Illinois raked in more than $1.5 billion in sales, with more than 42 million products being sold at dispensaries throughout the state. This brought in about $400 million in recreational cannabis tax revenue. Tax revenue from sales is allocated to a number of departments in the state, among them substance abuse, criminal justice prevention programs and public health. Illinois also reported that marijuana sales to residents hit a…

MondayMar 11, 2024 11:15 am

New Research Challenges Stereotype That Cannabis Users Are Couch Potatoes

New research has challenged the stereotype that cannabis users are lazy and inactive. The research was conducted by investigators at The Ohio University and the University of Texas at Dallas and involved more than 2,500 adults who took part in the National Longitudinal Study of Adolescent to Adult Health in the period between 2016 to 2018. This research is the first to examine the link between the use of e-cigarettes, cannabis and physical activity. The investigators found that the use of e-cigarettes and cannabis among participants forecasted their penchant for exercises such as walking, with cannabis users walking more times…

FridayMar 08, 2024 9:30 am

Could Marijuana Hold Key to Addressing Pain Related to Aging?

Marijuana contains more than 100 compounds, the major ones being tetrahydrocannabinol (THC) and cannabidiol (CBD). Of the two primary compounds, THC induces a high when consumed while CBD does not. Research has found that some of marijuana’s compounds safeguard the brain’s neurons. Some of marijuana’s antioxidant properties can also fight oxidative stress, which influences aging. Oxidative stress refers to a disruption in the balance between antioxidant defenses and the production of free radicals in the body. With regard to aging, age-related decreases in physiologic functions are caused by an accumulation of oxidative damage to macromolecules. This, researchers believe, increases with…

WednesdayMar 06, 2024 11:15 am

Four States Want Female Orgasmic Disorder Added to Medical Cannabis Qualifying Conditions List

A number of states in the United States are on course to adding female orgasmic disorder to a list of conditions that qualify for medical cannabis. Supporters have cited various studies that have demonstrated how marijuana can significantly improve orgasmic ease, satisfaction and frequency in individuals with female orgasmic disorder. Female orgasmic disorder is characterized by a delay in or lack of sexual climax despite sexual arousal and sufficient sexual stimulation. Among the states working on this initiative is Ohio, whose medical board announced that female orgasmic disorder and autism spectrum disorder would be forwarded for review and public commentary…

MondayMar 04, 2024 10:30 am

Study Shows CBD-Dominant Marijuana Products Can Ease Anxiety While Negating Risks of THC

A new study has found that marijuana products dominant in CBD can ease anxiety more effectively in comparison to products that contain THC. THC and CBD are the two primary compounds found in marijuana. However, unlike CBD, THC induces a high when ingested. The study was carried out by researchers at CU Boulder. It is the first randomized trial to investigate how commercially available marijuana influences symptoms of anxiety. Currently, one in five adults in America have an anxiety disorder, which makes it a common mental health condition in the United States. The researchers’ primary objective was to better understand…

WednesdayFeb 28, 2024 10:45 am

Germany Approves a Quasi-Legalization Marijuana Law

Germany recently passed a recreational marijuana legislation that decriminalizes marijuana, provides a foundation for cultivation social clubs and permits home growing. Under the legislation, cultivation social clubs are defined as not-for-profit organizations that allow members to obtain cannabis for recreational use. The law, which hasn’t yet been read in the Bundesrat, will be enacted on April 1, 2024. The Bundesrat isn’t required to provide “consent” and will focus more on looking into the measure itself. However, if it does summon the Mediation Committee, then the measure may not go into effect in April as is expected. Bloomwell Group’s CEO and…