NewsRoom Articles - Page 152 of 607

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…

MondayNov 21, 2022 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Kicks Off First-Ever Study on DehydraTECH-CBD for the Potential Treatment of Diabetes

In November 2021, Lexaria laid out its plans for several new and ongoing R&D programs, among them hormone replacement, dementia, rheumatoid disease, and diabetes The company has since begun its DIAB-A22-1 study program on the effectiveness of the patented DehydraTECH(TM)-processed CBD for the potential therapeutic utility against diabetes Lexaria is optimistic that the study will yield some notable results, particularly with DehydraTECH-CBD having met primary safety and efficacy objectives from its HYPER-H21-4 clinical study on the potential treatment of hypertension So far, CBD has shown some ability to reduce the incidence of diabetes in mice, and Lexaria looks to build…

MondayNov 21, 2022 4:20 am

420 with CNW — Missouri DHHS Releases Draft Marijuana Rules Days After Ballot Measure Approval

Americans in five states have had the chance to vote on cannabis legalization during the Midterm elections. In Missouri, voters approved a cannabis legalization initiative dubbed Amendment 3, which would allow adults age 21 and older to purchase and possess up to three ounces of marijuana. Adults would also be able to grow up to six immature plants, six clones and six flowering plants at home once they secure a registration card. The initiative was pushed by Legal Missouri 2022, a campaign that worked for months to convince Missourians to vote in favor of the measure. Missouri lawmakers have acted…

FridayNov 18, 2022 4:20 pm

420 with CNW — How Would the Passage of SAFE Banking Impact Marijuana-Specific Finance Companies?

As marijuana legalization spreads across the United States, many companies have worked to address the industry-specific challenges that operators faced, particularly with regard to access to financial services, insurance, legal, compliance and regulatory issues as well as the security challenges created by the cash-only operations of many marijuana companies. There is speculation and hope that the SAFE Banking Act, or another version of this law, could be passed in this coming lame duck session of Congress. How will such a law impact the companies that stepped in to serve cannabis businesses? Some in the industry, including Tyler Beurlein, who works…

FridayNov 18, 2022 4:20 am

420 with CNW — NJ Governor Teams Up with Cannabis Firms to Discourage Consuming Black Market Marijuana

The past two decades have seen dozens of American states legalize cannabis for medical and recreational purposes. Cannabis has since proven to be one of the fastest-growing industries in the country, generating billions of dollars in sales and creating hundreds of thousands of new employment opportunities. However, even though the United States is now home to thousands of legal cannabis businesses, the illicit marijuana market still thrives. Data shows that in 2019 black market sellers sold around $8.7 billion worth of cannabis in California, the country’s largest marijuana market compared to $3.1 billion worth of legal sales. Illegal cannabis cultivation…

ThursdayNov 17, 2022 4:20 pm

420 with CNW — Voters in California Approve 12 Measures Expanding Marijuana Retail

During the recently concluded midterm elections, marijuana measures were on the ballot in nearly two dozen California localities seeking to permit recreational sales to commence in those jurisdictions. A dozen of those measures got voter approval, and an analysis of each locality reveals interesting factors that seemed to have played a role in determining the ballot outcome. For example, most coastal cities are described by marijuana advocates as “cannabis deserts” because retail sales aren’t permitted there. It should be noted that these locations are populated by the affluent, and this demographic seems uncomfortable having retail stores in their backyard. However,…

ThursdayNov 17, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Approved to Proceed with Human Study Evaluating Effectiveness of Patented DehydraTECH(TM) Technology in Boosting Oral-Tissue Absorption of Nicotine

Lexaria Bioscience recently received Independent Review Board approval for its upcoming human clinical nicotine study, NIC-H22-1, and expects to begin dosing soon The company hopes to evidence that processing purified nicotine with its patented DehydraTECH(TM) drug delivery technology leads to better oral-tissue absorption and reduced negative experiences compared to leading brands currently available on the market, On! and Zyn Last year, Lexaria conducted an animal study evaluating oral nicotine absorption, NIC-A21-1, in which it evidenced that its DehydraTECH technology was ten to twenty times faster in delivering comparable levels of nicotine into the bloodstream than the peak of the concentration-matched…

ThursdayNov 17, 2022 4:20 am

420 with CNW — Congressional Subcommittee to Hold Marijuana Hearing Soon After Midterms

Drug, racial and social-justice activists will be happy to know that House lawmakers will be discussing marijuana reform once the midterm elections draw to a close. Although the Biden administration was quick to act on its green-energy and electrification promises, there were plenty of valid complaints regarding the administration’s lack of action regarding cannabis reform. President Joseph Biden recently made waves across the country when he announced that his administration was taking steps to begin pardoning all Americans who had simple cannabis possession offenses on their records. With the midterm elections drawing to a close as final seat winners are…

WednesdayNov 16, 2022 4:20 pm

420 with CNW — Colorado’s Amendment 64 a Decade Later

It has been 10 years since Amendment 64, which legalized adult-use marijuana in Colorado, was passed and implemented. The proposed constitutional amendment had a number of arguments in support of legalizing marijuana, and we shine the spotlight on some of those arguments to see to what extent they have been vindicated. One major argument was that by legalizing recreational marijuana, adults who wish to use the substance would purchase it from regulated sources that are licensed and have quality standards to adhere to, unlike marijuana sourced from underground sources that aren’t subject to any regulation. Teen use would also be…

WednesdayNov 16, 2022 4:20 am

420 with CNW — Reelected Wisconsin Governor Promises to Include Marijuana Legalization in Budget Proposals

Governor Tony Evers (D), who has just been reelected as the governor of Wisconsin, has promised to include marijuana policy reform in his budget proposals due early in 2023. This pledge comes after Wisconsin voters in a number of counties and cities approved nonbinding questions in the midterm polls supporting the establishment of a legal marijuana market in the state. Speaking during a press conference after his reelection, Evers said his 2023–25 budget plan will contain provisions on marijuana legalization and that it was something that lawmakers needed to discuss and find a way forward. He added that sooner or…

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