NewsRoom Articles - Page 118 of 540

WednesdayJun 08, 2022 4:20 am

420 with CNW — States Grapple with Setting Regulations for Hemp-Derived Intoxicating Products

America’s hemp industry has been plagued by one major issue since the 2018 Farm Bill legalized industrial hemp: federal inaction. While the legislation allowed the cultivation and sale of industrial hemp under state programs, lawmakers did not create a comprehensive regulatory structure for hemp or hemp-derived products. The result is a sector that has been referred to as a “wild west” where businesses barely have any rules governing how they operate and which products they can put out into the market. One of the core provisions for legalizing industrial hemp was that it had to contain less than 0.3% delta-9…

TuesdayJun 07, 2022 4:20 pm

420 with CNW — Maryland Official Wants DOJ to Investigate Possible Flaws in FBI Cannabis Arrest Data

An official in Maryland is asking that the Department of Justice formally investigate the system of reporting used by the FBI for local and state cannabis arrests. The key issue is the confusion among agencies of law enforcement on the issuance of citations for the possession of marijuana under decriminalization laws in the state and whether they should be reported as arrests to the FBI. This confusion has caused inconsistency in the data that is released annually, calling into question the data’s use as a tool to inform policymaking on cannabis. The reporting system, which is known as the Uniform…

TuesdayJun 07, 2022 4:20 am

420 with CNW — Regulators in New York Urge Tiktok to Desist from Banning Educative Cannabis Content

Cannabis regulators in New York are asking that TikTok put an end to the ban placed on advertising anything involving the word cannabis, as they promote public education on New York’s move to legalize the herb. The state’s Office of Cannabis Management sent a letter to the social media app’s executives urging them to amend the platform’s policy on advertisement for government entities so they could talk about cannabis in a public health and safety context freely. Chris Alexander, the office’s executive director, also revealed that the office had launched a campaign to inform residents in the state about how…

MondayJun 06, 2022 4:20 pm

420 with CNW — Study Says California Cannabis Retailers Fully Compliant in Checking IDs

A new study coming out of California has revealed that marijuana retailers in the state are doing a bang-up job at keeping underage people away from their merchandise. One of the major arguments against legalizing cannabis has been that it would increase youth access to the controversial drug and lead to an explosion of drug abuse and criminal activity. To see whether or not California’s cannabis industry was compliant with state ID requirements, researchers sent 50 fresh-faced people to random cannabis dispensaries across the state. Each of the marijuana shops asked for an ID before admitting the decoys. The study's…

MondayJun 06, 2022 9:45 am

Flora Growth Corp. (NASDAQ: FLGC) Bolsters its Global Expansion Strategy with Cannabis Regulatory Veteran Holly Bell’s Appointment; Hosts Regulatory Webinar

Flora Growth has appointed regulatory veteran Holly Bell as the new Vice President of Regulatory Affairs Bell will help further the company’s domestic and global expansion strategy and lead government relations in key international markets She will also oversee the regulatory strategy supporting the advancement of the company’s cultivation, distribution, and pharmaceutical programs Bell also participated in the first event in her new position- the Florida Industrial Hemp Conference and Exhibition held on May 20-22, 2022 In recent months, Flora Growth (NASDAQ: FLGC) has been on an aggressive international expansion plan that has seen exports to Mexico and Spain, with…

MondayJun 06, 2022 4:20 am

420 with CNW — Cannabis MSOs Hire Prominent Law Firm to Sue Federal Government

Some cannabis firms and stakeholders have joined forces to take the U.S. federal government to court because of policies that they consider to be violate the constitution. They hope to triumph over these prohibition policies, which they argue have impeded their operations. Boies Schiller Flexner LLP will represent the multistate operators’ coalition in court. David Boies, chairman of the selected law firm, has been involved in a number of high-profile federal cases. The firm’s clientele list has included former U.S. vice president Al Gore and the Justice Department as well as the plaintiffs during the case that led to reversing…

FridayJun 03, 2022 4:20 pm

420 with CNW — Ukraine War, Supply Chain Issues Increase Marijuana Production Costs

Ever since the supply chain problems triggered by the pandemic were worsened by Russia’s invasion of Ukraine, cannabis producers are facing rising costs that could shake the industry in ways that have never been seen. Russia and Ukraine together account for 28% of NPK fertilizers (nitrogen, phosphorous as well as potassium) sold on the world market. The war and the sanctions placed on Russia have shaken this supply source, and the cannabis industry as well as other segments of the agricultural industry is feeling the heat. “Modern Farmer,” a magazine published every quarter, paints a graphic picture of how fertilizer…

FridayJun 03, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Mines Potential of Helping Medicines Do What they Do, But Better

Lexaria Bioscience is a global innovator in drug delivery platforms, developing a technology designed to improve the performance of other medicinal products by making them more rapidly and effectively usable by patients’ bodies Lexaria’s patented DehydraTECH technology has been studied in combination with a number of other products, including but not limited to, cannabidiol (“CBD”), oral nicotine, antivirals, NSAIDs, and erectile dysfunction therapies The company is pursuing FDA approval under the Investigational New Drug (“IND”) process to clinically test its DehydraTECH-CBD for the treatment of high blood pressure A driving focus of the company’s R&D has been to improve the…

FridayJun 03, 2022 4:20 am

420 with CNW — DOJ Report Says Federal Cannabis Arrests Continue to Decline Annually

According to new data released by the U.S. Department of Justice, federal arrests connected to marijuana have continued to plummet each year as states continue reforming their cannabis laws and creating markets for this substance. The report says that the number of people arrested by the U.S. Drug Enforcement Administration has registered an annual 11% decline from 2010. In that year, a total of 8,215 arrests connected to marijuana charges were made by the federal agency. However, the figure has dropped over time to the 2,576 arrests on record in 2020. It isn’t immediately clear which specific factors are behind…

ThursdayJun 02, 2022 4:20 pm

420 with CNW — Georgia Voters Endorse Ballot Question on Cannabis Legalization

Earlier last week, voters in the state of Georgia approved the language of a ballot measure expressing support for the legalization of adult-use marijuana. Democratic Party leadership in the state placed a number of nonbinding advisory questions on the primary election ballot to help inform lawmakers on where residents in the state stood on various issues, including cannabis legalization. The question on legalization asked residents whether cannabis needed to be legalized, regulated and taxed in the same manner as alcohol for individuals aged 21 and above, with proceeds from its sale being directed toward health care, infrastructure and education programs.…

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