NewsRoom Articles - Page 116 of 609

TuesdayJun 27, 2023 4:20 am

420 with CNW — Five Compliance Mistakes Cannabis Companies Should Be Wary Of

Operating within one of the most fragmented regulatory landscapes in the world, businesses involved in the cannabis industry face unique challenges. With the expansion of the U.S. markets, the complexity of cannabis compliance requirements is on the rise. The significance of adhering to marijuana regulatory compliance cannot be emphasized enough. Implementing a robust compliance program is crucial for safeguarding businesses, reputations, licenses and pipelines. Compliance also plays a key role in fostering a culture of accountability, where employees are encouraged to adhere to frequently changing rules. Here are the top five mistakes to avoid when it comes to cannabis compliance:…

MondayJun 26, 2023 4:20 pm

420 with CNW — Nevada Governor Enacts Measure Reforming Cannabis Law

Nevada Governor Joe Lombardo recently signed a measure into law that makes a number of changes to the state's marijuana legislation. The Republican governor signed the bill — State Bill 277 — on June 14, 2023. The recently enacted legislation makes significant changes to Nevada's cannabis laws. Notably, there will be a more than twofold increase in recreational cannabis purchase and possession limitations. One ounce of cannabis will now be replaced by 2.5 ounces as the maximum amount that one person may own or purchase. A quarter ounce will be the new maximum for cannabis concentrates, which will increase from…

MondayJun 26, 2023 12:00 pm

2023 Maine Cannabis Convention Joins MMCM’s HomeGrown TradeShow for Nation-leading Event

The Maine Cannabis Convention, billed as the largest B2B event in the state, will move from Portland to Augusta this year for its seventh annual gathering in a state where sales of recreational cannabis nearly doubled last year. Since the Maine adult-use market’s first full month of operation in October 2020, the state’s industry saw new records set every month through August 2022, and by year-end the sales figures were still close to that peak (https://cnw.fm/vIKfh). The 2023 Maine Cannabis Convention take place August 12-13th and will continue the series’ tradition of bringing together the region's best speakers on multiple…

MondayJun 26, 2023 4:20 am

420 with CNW — Feds Intend to Complete Marijuana Scheduling Review This Year

During a press briefing in Sacramento last week, U.S. Secretary of Health and Human Services (HHS) Xavier Becerra revealed his intention to provide President Joe Biden with a federal marijuana scheduling decision within this calendar year. Becerra acknowledged the agencies' concerted efforts to swiftly complete the administrative review. While previous statements emphasized the urgency of the marijuana review initiated by the president last year, the specific timeline remained unclear. Now Becerra has unveiled his target for fulfilling the president's directive. The FDA is evaluating marijuana scientifically through eight different processes under the authority of HHS. The goal is to establish…

FridayJun 23, 2023 4:20 pm

420 with CNW — Governor Enacts Cannabis Expungements Resolution into Law

Last week, the governor of Louisiana enacted into law a measure that made it easier for individuals with first-time convictions on cannabis possession to apply for record expungement. This comes after the governor signed a resolution in 2021 that decriminalized the possession of no more than 14 grams of marijuana. The initiative in question, which was introduced by Rep. Delisha Boyd, was advanced through the legislature about two weeks ago. This measure makes it so that individuals convicted of possessing no more than 14 grams of marijuana as a first offense can get their record expunged 90 days after they…

FridayJun 23, 2023 4:20 am

420 with CNW — Data Shows Reduced Incidents Between Cops, Youth in Canada After Cannabis Legalization

The legalization of cannabis in Canada has had a notable effect on the interaction between young citizens and law enforcement, as per recent data released earlier this spring. The findings, published in the “Drug and Alcohol Dependence” journal in April, revealed that the country's marijuana legislation, which has been in place for five years, resulted in a significant decrease in reported cannabis-related offenses among individuals aged 12 to 17, regardless of gender. By examining police records from Jan. 1, 2015, to Dec. 31, 2021, researchers affiliated with the Center for Addiction and Mental Health in Toronto discovered a substantial decline…

ThursdayJun 22, 2023 4:20 pm

420 with CNW — How to Leverage Consumer Data While Marketing Cannabis

The cannabis industry exists in a precarious position. While dozens of states have legal and robust cannabis markets, the federal government still classifies cannabis as a controlled drug. This federal classification places significant restrictions on America’s state-legal cannabis industry, with cannabis marketing being the hardest hit. Cannabis businesses in most states have to contend with strict marketing limitations and can’t use most conventional advertising avenues such as social media to market their products. Despite these barriers, businesses in the cannabis space can still optimize their marketing efforts by leveraging consumer data. Studying how different kinds of consumers approach cannabis use…

ThursdayJun 22, 2023 11:15 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Additional Findings in Diabetes Animal Study and Two Other R&D Programs

Diabetes – Blood glucose levels reduced by 19.9% with patented DehydraTECH(TM) processed CBD Epilepsy – Lower dosages of DehydraTECH-CBD were needed to achieve the same results of Epidiolex(R) in the company’s animal epilepsy study Dementia – Lexaria determined that a longer testing duration is needed for DehydraTECH-CBD in cognition studies Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, including the company’s patented DehydraTECH(TM) technology, recently reported additional findings from its diabetes animal study DIAB-A22-1, as well as updates on two other applied R&D programs for dementia (DEM-A22-1) and epilepsy (EPIL-A21-1). In March, Lexaria announced that it had…

ThursdayJun 22, 2023 4:20 am

420 with CNW — Mother, Son Create Edible to Reverse Marijuana High

The legalization of adult-use cannabis in Massachusetts has led to an increase in individuals exploring the world of cannabis. However, amid this experimentation, there can be an undesirable and unexpected aspect to the experience: the unending high. A dynamic duo consisting of a mother and her son, both from Boston, may have stumbled upon a potential solution, aptly named Soft Landing. Eli, the son and a recent graduate from Cornell University, describes Soft Landing as a unique twist on the traditional edible. While typical edibles bring about an intoxicating effect through THC, Soft Landing aims to counteract this by providing…

WednesdayJun 21, 2023 4:20 pm

420 with CNW — New York Authorities Clamp Down on Illicit Cannabis Shops

Cannabis has been the most used illegal drug in America for decades. Even now that dozens of states have legalized either medical or recreational cannabis, the cannabis black market is still responsible for a majority of the country’s marijuana sales. In California, which is home to the largest legal cannabis market in the world, licensed players in the market are struggling to get by, thanks to the state’s behemoth illicit cannabis industry. With more states looking to launch recreational cannabis markets in the near future, regulators are keen on reducing the influence of illicit sellers to give licensed retailers a…