NewsRoom Articles - CannabisNewsWire

TuesdayDec 05, 2023 4:20 am

420 with CNW — German Lawmakers to Vote on Revised Cannabis Legalization Measure Next Week

Legislators in Germany have decided to revise a bill to legalize cannabis in the country, a week before they cast their final vote on it in parliament. The bill to legalize marijuana is being championed by Health Minister Karl Lauterbach, who first discussed details concerning the revised legalization measure in April 2022. In May of the same year, he presented the legislative text to cabinet officials. When responding to early criticism of the measure from law enforcement and medical groups, Lauterbach emphasized that marijuana reform would be implemented together with a campaign to educate the public on the risks of…

MondayDec 04, 2023 4:20 pm

420 with CNW — Missouri Companies Sell Cannabis Products Worth $1B in 2023

Missouri's cannabis industry has surpassed $1 billion in sales of medical and recreational marijuana products for the year 2023, as disclosed by the state’s Department of Health and Senior Services (DHHS). In October alone, retailers transacted approximately $95.5 million in recreational cannabis products and an additional $17.6 million in medical cannabis. Although these figures reflect a slight decrease compared to the previous month, they contribute to the overall 2023 sales, pushing the state’s total marijuana revenue beyond $1.1 billion. The trajectory of adult-use cannabis sales has exhibited a gradual increase since the commencement of sales in February. Conversely, the sales…

MondayDec 04, 2023 4:20 am

420 with CNW — AMA Study Contradicts Claims That Drug Overdose Prevention Centers Fuel Crime

New research has found that overdose prevention centers in New York City have not led to an increase in crime. This is despite concerns that the establishment of harm-reduction centers would cause crime to skyrocket. The new findings add to previous research that demonstrated the centers’ potential in decreasing overdose deaths. Overdose-prevention centers allow individuals to use illegal substances in a supervised environment, helping reduce the risk of harms associated with drug use, such as a fatal overdose. The study was carried out by researchers at Brown University, the University of Pennsylvania and the University of Connecticut. For their research,…

FridayDec 01, 2023 4:20 pm

420 with CNW — Study Finds Cannabis Gives Anxiety Sufferers Better Sleep Compared to Alcohol

A recent study supported by federal funding has uncovered insights into the sleep patterns of individuals dealing with anxiety, revealing that the use of marijuana appears to be linked to improved sleep quality. The research, published in the “Drug and Alcohol Review” journal and conducted collaboratively by teams from the University of Haifa, Colorado State University and the University of Colorado, sought to explore the subjective sleep experiences of 347 individuals utilizing cannabis to manage anxiety. Over a span of 30 days, participants were engaged in daily surveys where they documented their substance use and recounted their previous night’s sleep…

FridayDec 01, 2023 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Building a Global Presence with Superior Delivery Technology for Wide Range of Drugs and Active Pharmaceutical Ingredients

Lexaria, a global innovator in drug delivery platforms, has, through its patented DehydraTECH(TM) technology, proven to enhance the performance of several categories of fat-soluble active molecules and drugs Since 2018, human clinical studies on the technology have yielded positive results, ultimately earning Lexaria 37 granted patents globally, with many more pending around the world With the strides made so far, Lexaria looks to grow its revenue and commercial opportunities through licensing Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, remains committed to its mission to provide healthier delivery methods of drugs and other Active Pharmaceutical Ingredients (“APIs”).…

FridayDec 01, 2023 4:20 am

420 with CNW — Amid Congressional Inaction, NY Governor Enacts Measure Easing Cannabis Banking

Last week, Governor Kathy Hochul of New York signed into law a measure that eases the process through which financial institutions can work with legal marijuana businesses. The bill was sponsored by Assembly member Crystal Peoples-Stokes and Senator Jeremy Cooney. It permits the Office of Cannabis Management to offer information about legal cannabis business applicants or licensees to financial institutions. The objective is to make it easier for businesses to comply with antimoney-laundering laws and filing of activity reports required for every marijuana-related transaction at the federal level. It should be noted that before information can be shared, applicants and…

ThursdayNov 30, 2023 4:20 pm

420 with CNW — Marijuana-Infused Dinners on the Rise in Maryland

The marijuana industry in the state of Maryland is on course to becoming a billion-dollar business after the recreational use of the drug was legalized a few months ago. Many are taking advantage of this new market, with some offering private dinner parties that feature foods infused with marijuana. One entrepreneur, Chef Jazmine Moore, has been offering such course meals at her restaurant. Moore believes more individuals are looking for alternative ways to relax and enjoy themselves, and her food affords them an approachable way to use marijuana. Her approach is backed by numbers from a recent poll, which show…

ThursdayNov 30, 2023 4:20 am

420 with CNW — Genomic Study Gives Insights into Why Individuals Suffer from CUD

An examination of the genetic makeup of more than a million individuals, spearheaded by researchers at Yale, has provided valuable insights into the biological foundations of marijuana use disorder and how it relates to mental health issues, substance misuse (including tobacco) and potentially even a higher risk of lung cancer. The study examined the genomes of participants from a range of ancestry groups, utilizing information from many genomic databases in addition to the extensive genetic data bank of the United States Veterans Affairs’ Million Veteran Program (MVP).The analysis revealed many genetic variations connected to marijuana use disorder, providing insight into…

WednesdayNov 29, 2023 4:20 pm

420 with CNW — Study Finds Marijuana Users Possess Greater Understanding, Empathy

A recent study, featured in the “Journal of Neuroscience Research,” has shed light on the enhanced emotional understanding observed in regular cannabis users. The study, conducted by a team of neurobiologists at the National Autonomous University of Mexico, underscores the potential positive impact of cannabis on interpersonal relationships and its plausible therapeutic applications. The research involved a comparison of empathy measurements between two distinct groups: 85 regular marijuana users and 51 individuals who abstained from cannabis use. The researchers utilized a 33-item written test and MRI images to gauge the participants’ empathic responses. The written test, designed to evaluate both…

WednesdayNov 29, 2023 4:20 am

420 with CNW — Governor Hochul Signs Legislation Granting New York Cannabis Businesses Code 280E Tax Relief

Governor Kathy Hochul has signed into law a measure that provides tax relief to cannabis businesses in the state of New York. The measure, which was approved by the Senate and Assembly a few months ago, fills a policy gap left by a separate measure the governor signed in 2022, which included provisions that permitted tax deductions for marijuana businesses in the state. In summary, the resolution would permit deductions for business expenses incurred by those authorized by the law to sell, distribute or produce medical marijuana or adult-use marijuana products, for purposes of the business corporation tax, the general…

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