NewsRoom Articles - Page 160 of 622

WednesdayJan 04, 2023 4:20 pm

420 with CNW — SAFE Banking Act Sponsor Retires from Congress

Representative Ed Perlmutter, who sponsored the Secure and Fair Enforcement Banking (SAFE) legislation, has retired from Congress. The congressman recently filed the text of his banking measure as an amendment to a large-scale appropriations bill. Senate Majority Leader Chuck Schumer had worked with the congressman to draft the Safe PLUS package. However, opposition from Senate Minority Leader Mitch McConnell and other Republicans made it hard for the amendments to be included in the National Defense Authorization Act. Senator Cory Booker also assigned blame to McConnell, noting that his opposition to marijuana reform had influenced Republican members who would have otherwise…

WednesdayJan 04, 2023 11:15 am

Dosing Begins in Lexaria Bioscience Corp. (NASDAQ: LEXX) Human Clinical Study, Evaluating DehydraTECH(TM)-Nicotine Against Leading Nicotine Oral Pouch Brands

The 36-person human pharmacokinetic randomized, double-blind, cross-over study NIC-H22-1 will compare its patented DehydraTECH(TM)-nicotine to leading nicotine pouches On! and Zyn The white pouch oral delivery of nicotine is thought to avoid harmful lung outcomes that smokers and vapers experience The global nicotine pouch market was valued at $2.33 billion in 2020 and is expected to reach $21.84 billion by 2027, driven by an increase in the number of consumers seeking alternative forms of nicotine that do not involve lung exposure Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, announced that dosing has commenced for its human…

WednesdayJan 04, 2023 4:20 am

420 with CNW — Minnesota Medical Association Backs Statewide Drug Decriminalization

The Minnesota Medical Board has endorsed decriminalization of illicit drugs, low quantity possession expungements and promotion of harm-reduction projects. Approved this month, the recommendation is to remove criminal sanctions for possessing a negligible amount of illicit drugs or drug paraphernalia for personal use. The board also asked for an administrative panel to be created to provide treatment advice and lawful penalties to petty offenders who are found in possession of drugs. This dual approach ensures the policy reduces harm, similar to the one at play in Portugal. The board said it is urgent to increase investment for harm reduction and…

TuesdayJan 03, 2023 4:20 pm

420 with CNW — Study Finds Marijuana Legalization Has Greater Impact on Arrests Than Decriminalization

Researchers from the University of California San Diego recently conducted a study on the impact of adult-use decriminalization and legalization of marijuana on possession arrests. They discovered that legalization was linked to a significant decrease in marijuana possession arrests among individuals in legal states that decriminalized the drug prior to legalizing it. This is in addition to observing that the reduction in arrests was considerably higher in states that had shifted to legalization from criminalization without decriminalizing marijuana. For their study, the researchers obtained data on marijuana possession arrests from the Uniform Crime Reporting program, with a primary focus on…

TuesdayJan 03, 2023 4:20 am

420 with CNW — Kentucky Prepares to Implement Medical Cannabis Executive Order

Last month, Kentucky Governor Andy Beshear signed an executive order that would partly legalize the use of medical cannabis. The executive order, which goes into effect on Jan. 1, 2023, will permit individuals in the state who have been diagnosed with various conditions to use and possess cannabis they purchase legally in other states. The state of Kentucky is one of the few remaining ones in the country where it is still illegal to purchase either recreational or medical cannabis. States bordering the Bluegrass state with legal medical cannabis programs include Indiana, Ohio, Tennessee, Virginia, West Virginia, Missouri and Illinois.…

ThursdayDec 29, 2022 4:20 pm

420 with CNW — Five US Holiday Getaways for Marijuana Lovers

What could be better than going to your favorite U.S. vacation spot and getting legally high with friends during the holidays? Although cannabis use has increased, transporting and purchasing it in the United States remains difficult, necessitating prior planning. However, with more states legalizing its use, you can certainly enjoy the holiday season with a puff and music, whether on the beach in Massachusetts or on the West Coast, feasting on incredibly delicious food. There is more to a truly fantastic destination for those who live the green dream than just a profusion of excellent dispensaries and attractions. It's the…

ThursdayDec 29, 2022 4:20 am

420 with CNW — Florida Regulators Start Process to Grant More Medical Cannabis Business Licenses

State health officials have set in motion a process to issue at least 22 medical marijuana licenses in a move to double Florida’s medical cannabis market. The health department has also published a rule making it quite expensive to renew the marijuana trading license every two years, by increasing it from $60,000 to $1 million. This increase came when Governor Ron DeSantis said the marijuana enterprises need to pay more to operate within Florida. The health officials will implement batching cycles for the license applications. The reason behind the batching introduced is to avoid costly litigation costs. This batching will…

WednesdayDec 28, 2022 4:20 pm

420 with CNW — Survey Finds Prohibitionist States Have Higher Cases of Underage Marijuana Use

Cannabis Public Policy Consulting recently conducted a new large-scale survey, which found that states which still criminalize cannabis have more underage users. The cannabis policy consulting company carried out an analysis of an extensive range of cannabis use trends and public health outcomes in 25 states. They included states where adult-use marijuana is legalized, where only medical cannabis is permitted and where marijuana is completely prohibited. The survey’s findings back the notion that regulated marijuana markets encourage positive marijuana-related outcomes to public health and also promote responsible behaviors. The survey focused on various factors, including the age of initiation for…

WednesdayDec 28, 2022 12:45 pm

Lift Vancouver 2023 Dedicated to Uplifting the Cannabis Community In Canada

It’s time for cannabis industry leaders and enthusiasts in Canada, and across North America, to gather and refresh their cannabis knowledge and connections at Lift Vancouver 2023 taking place at the Vancouver Convention Centre from January 12-14, 2023. Lift is Canada’s #1 Cannabis Conference and Trade Show, engaged in curating and presenting quality cannabis content to audiences throughout the full cannabis ecosystem while establishing collaborative relationships among them. Lift is a premier networking arena in Canada and beyond for cannabis traders, enthusiasts, industry professionals, consumers, media, and investors, to get direct access to B2B buyers and retailers. The Lift Cannabis…

WednesdayDec 28, 2022 10:30 am

USDA’s Inclusion of Hemp Data in the 2022 Census for Agriculture is seen as Another Boost to the Cannabis Sector, and REZYFi, Inc. is Set to Benefit from It

The USDA is set to include hemp data in its 2022 Census of Agriculture, another indication of the ongoing growth in support of the overall cannabis industry, benefitting related mortgage origination and financing company REZYFi, Inc. The legal marijuana industry is set to hit 53% in 2026, a 60% growth, with international legal marijuana sales expected to hit $130 billion by 2030 REZYFi is confident that this move by the USDA will yield further growth in the cannabis sector, supporting demand for its product offerings as it expands to additional states throughout the U.S. In 2014, the Farm Bill, regarded…