NewsRoom Articles - Page 136 of 592

MondayNov 28, 2022 12:00 pm

Lift Events & Experiences to Bring Unique Cannabis Conference, Trade Show and Associated Opportunities to the U.S. Cannabis Market

Become a part of the 2023 U.S. debut of Lift Events & Experiences, at the Moscone Center in San Francisco, from Wednesday, August 2 – Friday, August 4, 2023. The leader in Canada, Lift’s first conference over the border offers exclusive content, robust networking, and unparalleled new product discovery opportunities. The event is dedicated to the evolution of the cannabis industry, and brings to the U.S. Lift’s long-established and respected reputation for powerful cannabis events. After proving its mettle in Vancouver and Toronto, the former Lift&Co. Expo will now simply be called ‘Lift’, reflecting its expanding footprint. Lift invites attendees…

MondayNov 28, 2022 10:30 am

REZYFi, Inc. Leverages Growth of California’s Cannabis Market as It Expands to Include Social Equity Provisions, More Opportunities for Business Owners

California retail stores sold almost $5.3 billion worth of cannabis products in 2021 and reported a total tax revenue of approximately $1.3 billion California’s three licensing authorities issued 12,227 commercial cannabis licenses to businesses throughout the state during 2021 San Diego has approved a social-equity program, joining the ranks of other California cities and counties that have implemented them since 2018, utilizing tax revenues from the cannabis industry REZYFi is the first cannabis mortgage company in the United States – a market where most traditional lenders are still reticent to enter On November 8, 2016, California voters approved cannabis for…

MondayNov 28, 2022 4:20 am

420 with CNW — Governor Beshear Signs Order Partially Legalizing Medical Cannabis in Kentucky

Lawmakers in Kentucky, a state with one of the most restrictive cannabis laws in the country, have taken the first steps to loosen its marijuana policies. Kentucky Governor Andy Beshear recently signed an executive order that legalized the possession and consumption of medical marijuana by qualifying Kentuckians on the condition that the cannabis was legally purchased outside the state. Qualifying individuals will also be restricted to less than eight ounces of medical marijuana. Although dozens of states now allow medical and recreational cannabis, 13 states including Kentucky have still banned both medical and adult-use marijuana. In spite of this prohibition,…

WednesdayNov 23, 2022 4:20 pm

420 with CNW — Florida Commissioner to Appeal Dismissal of Case on Gun Rights of Marijuana Users

Nikki Fried, the outgoing agriculture commissioner in Florida, has said that she is going to appeal against the dismissal of a case she filed earlier this year regarding the gun rights of patients registered with the state’s medical marijuana program. In that suit, she and the plaintiffs argued that it was wrong for medical cannabis patients to be denied the right to buy and own firearms. This was a violation of second amendment rights, the lawsuit argued. However, the presiding judge, Allen Winsor, dismissed the case arguing that federal law took precedence over state law and that the voter measure…

WednesdayNov 23, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Launches Animal Study to Evaluate Potential Therapeutic Effect of DehydraTECH-CBD on Dementia

Lexaria Bioscience has launched DEM-A22-1, its first-ever study to investigate whether its patented DehydraTECH(TM)-processed CBD may have therapeutic use against dementia The animal study will involve a total of 32 Long Evans rats and will involve a memory assessment test that will be utilized to investigate whether CBD enables cognitive performance enhancements Previous independent studies have shown that CBD prevents the development of a social recognition deficit, a symptom frequently reported in Alzheimer’s disease patients, and is linked to memory impairment The laboratory work is expected to complete January 2023, with data and reporting to follow likely in April 2023…

WednesdayNov 23, 2022 4:20 am

420 with CNW — 2020 Marijuana Possession Arrest Statistics Raise More Questions Than Answers

FBI records show that 317,793 individuals were arrested inside the United States for possessing marijuana in 2020. Given that 19 states allow recreational marijuana to be sold and consumed by adults, these FBI figures bring plenty of questions to mind. First, the data seems to suggest that the number of people who were arrested for possessing marijuana declined, yet again, from the number of arrests made in previous years. For example, at least 500,000 people were arrested for possession of marijuana in 2019. If the number for 2020 is just over 300,000, what is the problem? The problem is that…

TuesdayNov 22, 2022 4:20 pm

420 with CNW — Incoming Governor Says Cannabis Legalization Could Happen in Minnesota

During a recent radio appearance, incoming Minnesota governor Tim Walz suggested that state lawmakers could pass a recreational cannabis measure in the next legislative session. The Democrat said during the Friday morning show on WCCO that cannabis in Minnesota could finally happen in 2023. Senate Democrats have not stated outright that they will advance cannabis legalization, but they have majority numbers and will be able to go around any pushback offered by GOP senators. On the other hand, House Democrats seem to be ready to approve marijuana legalization in the state if the matter lands on the floor. House Speaker…

TuesdayNov 22, 2022 12:45 pm

REZYFi, Inc. Continues to See Opportunity in Serving Cannabis-Related Companies Amid Marijuana Rescheduling Efforts in the US

REZYFi is a Miami, Florida-headquartered growth mortgage origination and specialized financing company that primarily targets licensed and permitted cannabis companies and owners of real estate who lease to cannabis companies Traditional banks are governed by federal law, which criminalizes marijuana; as a result, they are hesitant to offer financial services to cannabis businesses The President recently set a process in motion that could culminate in the rescheduling of marijuana, although given that this review will not actually decriminalize the substance, the status quo, which disadvantages cannabis companies, will remain REZYFi believes cannabis-related companies will continue to experience difficulties accessing financing…

TuesdayNov 22, 2022 4:25 am

420 with CNW — Marijuana Research Bill Heads to Biden’s Desk After Senate Approval

Only a few weeks have passed since President Joseph Biden directed that a medical review be conducted on the categorization of marijuana in the Controlled Substances Act and also issued mass pardons for simple cannabis possession convicts. Now the upper chamber of Congress has approved a bill easing marijuana research, and that bill is headed to the president for enactment. The passage of this bill is notable because it is the first time that a bill focused on marijuana policy reform has succeeded and been forwarded to the president. Before the vote was cast on the Senate floor, Majority Leader…

MondayNov 21, 2022 4:20 pm

420 with CNW — Marijuana Legalization’s Chances Improve in Pennsylvania as More Democrats Join House

Cannabis legalization activists in Pennsylvania have taken one step closer to potentially legalizing the drug after Democrats claimed a majority in the House. Democrats have been major supporters of cannabis legalization, as they are with most progressive issues, and the members of the left have been responsible for crafting several legalization measures. One of the many issues legalization proponents have had to deal with is Republicans who staunchly opposed allowing cannabis for medical or recreational use. Now that Pennsylvania Democrats recently announced that they had secured enough seats in the midterms to effectively take control of the House, the chances…

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