Cannabis Stocks Archives - Page 9 of 16

FridayAug 30, 2024 10:00 am

Marijuana Growers Have Options Despite Inability to Use ‘Organic’ Product Label

The U.S. Department of Agriculture is in charge of certifying products as organic. This certification, created more than two decades ago, is what allows businesses to use the word “organic” on their products. The certification of marijuana products as organic is currently up for debate. Some stakeholders agree that the U.S. Department of Agriculture can’t certify any product that is illegal under federal law. Despite the fact that 38 states have legalized the medical use of marijuana while 24 have legalized the drug’s recreational use, the drug is still classified under schedule I of the Controlled Substances Act. Drugs under…

WednesdayAug 28, 2024 10:00 am

Study Says Cannabis Best Option for Women to Manage Endometriosis Symptoms

Endometriosis is a chronic illness that causes tissue similar to the uterine lining to grow on other organs in the body. This condition can cause severe pain in patients, particularly during periods, sexual intercourse and bowel movements. The inflammatory illness affects about 190 million girls and women of reproductive age around the globe. It has no known cure, with treatment focusing on managing its symptoms. Now, new research has found that cannabis may help women manage symptoms of endometriosis. For the new study, researchers conducted an analysis of survey responses from 912 adult patients suffering from endometriosis in Switzerland, Austria…

TuesdayAug 27, 2024 10:00 am

Stores in Southwest Virginia Openly Sell Marijuana

In Virginia, medical and recreational marijuana is legal, although retail sales and recreational marijuana dispensaries haven’t yet been launched following delays with the approval of a re-enactment clause. However, residents in the southwest region of the state can still access the drug easily, with many stores openly selling the substance. This is despite some of these businesses being raided by law enforcement last year. The sale of marijuana in this part of the country is surprising, especially since the stores are in the most conservative parts of Virginia. There’s at least one marijuana store in Tazewell County and another in…

WednesdayAug 21, 2024 10:00 am

Measure Legalizing Medical Cannabis Takes Effect in Ukraine

As of last week, medical cannabis was legal in Ukraine. This comes about half a year after President Volodymyr Zelensky signed the medical marijuana bill into law, making access to these drugs easier so soldiers could address the mental and physical wounds incurred during the country’s ongoing war with Russia, which invaded Ukraine more than two years ago. In an update on the new policy, the Ministry of Health stated that marijuana, along with its extracts, resin and tinctures, were excluded from the list of possibly dangerous substances. Prior to this, the drug’s circulation was banned, but now it’s permitted…

MondayAug 19, 2024 1:30 pm

California Regulators Withdraw Testing Lab License over Forged Results

Late last month, regulators in California withdrew the license of a cannabis testing laboratory. This development comes after it was determined that the lab tampered with equipment and faked test results so it could provide passing test results to marijuana products that were possibly contaminated with mold and dangerous pesticides. In 2022, the state’s Department of Cannabis Control found that California Cannabis Testing Labs engaged in activities that posed a threat to public health. According to its report, the department rejected the company’s application for an annual license and withdrew its provisional license as well. A notice issued last month…

FridayAug 16, 2024 10:00 am

Research Shows Marijuana Could Lower Opioid Use

Patients with opioid-use disorder often must go above and beyond to access life-saving drugs such as methadone and suboxone as well as naloxone, the drug that reverses overdoses. In the last 10 years, opioid overdose mortality rates have increased significantly, mainly because of fentanyl in the illicit drug trade in America. Now, a new study has determined that marijuana may help reduce the use of opioids or even stop their use completely. The study was led by Sid Ganesh, a PhD student at the School of Medicine, University of Southern California (USC). For their study, the researchers interviewed 30 individuals…

WednesdayAug 14, 2024 10:00 am

As Legalization Spreads, Trump Now Says Marijuana Criminalization Is Wrong

During a recent press conference, former President Donald Trump agreed that individuals should not be criminalized over cannabis, seeing as it was being legalized in different parts of the country. He added that he would soon reveal his position on the marijuana legalization bill on the November ballot in Florida, where he is a resident. A reporter had asked Trump about the current administration’s push to reschedule marijuana as well as statements made by Vice President Kamala Harris on how individuals need not be incarcerated over simple marijuana offenses. Trump responded, noting that it was hard to have individuals in…

MondayAug 12, 2024 10:00 am

Australian Farmers Look to Tap Continental Opportunities as Cannabis Laws Ease

The marijuana business in Australia is booming, with farms in the country expanding to capitalize on growing demand. Estimates show that global legal marijuana spending may hit $153 billion by 2027. This is quite an increase, especially when compared to the $56 billion spent in 2022. While most of the growth has been driven by consumers of recreational marijuana in the United States, companies in Australia are focusing on the medical marijuana side of this market. Numbers of medical marijuana patients in Europe are expected to increase by more than 230% during the next four years. This may significantly bolster…

FridayAug 09, 2024 10:00 am

Analysis Shows Recalls Woefully Slow in Removing Potentially Contaminated Cannabis from Circulation

A recently conducted analysis has determined that most cannabis recalls are circulated too late, even when products contain unhealthy levels of pesticides or mold. This comes at a time when a growing number of people are raising concerns about product safety. The analysis focused on product recalls in the following state-regulated cannabis markets: New York, Michigan, Massachusetts, Colorado and California. CANNRA executive director Gillian Schauer said that states had different authority and capacity to recall products. The analysis determined that in some of these markets, recalls weren’t frequent, despite claims made by state authorities and whistleblowers that testing laboratories were…

WednesdayAug 07, 2024 10:00 am

Missouri Bans Sale of Delta-8 Intoxicants

The state of Missouri has placed a ban on the sale of candy, beverages and other edible products manufactured from intoxicating substances derived from hemp. Missouri is not the only state to regulate and/or impose a ban on delta-8 THC, with the move coming after the state’s governor Mike Parson issued an executive order on the same last week. The ban is set to go into effect from Sept. 1, 2024. In his order, the governor stated that lack of research on delta-8 THC and similar unregulated CBD compounds as well as health concerns were the basis for the ban.…