NewsRoom Articles - Page 174 of 541

TuesdayOct 05, 2021 4:25 am

420 with CNW — Study Finds Cannabis Abuse Hasn’t Increased in States with Legalized Recreational Cannabis Use

A study published earlier this week found that cannabis abuse hasn’t risen in states that have enacted laws to legalize recreational cannabis. The study assessed the impact of recreational cannabis laws on the use of cannabis across ethnic and racial groups, tracking trends in usage between 2008 and 2020. For the study, the researchers analyzed data collected from more than 80,000 individuals. Researchers discovered that less than 2% of individuals living in states that have enacted enabling laws for the recreational use of cannabis have been given a cannabis use disorder diagnosis. This is in contrast to the number of…

MondayOct 04, 2021 4:20 pm

420 with CNW — House Could Vote on Federal Cannabis Legalization Bill Next Week

America's state-legal cannabis industry has been on quite a roll for the past couple of years. More than 30 states now allow medical marijuana, 17 states have legalized recreational cannabis, and the industry has generated billions of dollars in revenue. On top of that, it has created hundreds of thousands of new jobs, providing individuals and the state with revenue during the coronavirus pandemic while other industries struggled to stay afloat. Lawmakers have now set their eyes on federal legalization, especially now that the Senate, House and White House are under the control of the Democrats. Just a day after…

MondayOct 04, 2021 10:09 am

American Cannabis Partners Brings Safety and Happiness to the Cannabis Industry

American Cannabis Partners has focused on the safety of shareholders’ investments from day one CEO brought the culture and story of the Jamaican people to influence the US cannabis industry ACP seeks to improve the lives of individuals through cannabis and business in all that it does When it comes to building steady growth and reducing risk, Stephen Jordan, CEO of American Cannabis Partners (“ACP”) focuses on “assets, assets, assets — and then build the operations out.” This is a rarity within the cannabis industry where most companies create a product first and if something happens where they are unable…

MondayOct 04, 2021 9:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Receives Adult Use Prequalification Status in Michigan; Sanderson Facility to Help Satisfy Edibles Market Demand

The approval by the Marijuana Regulation Agency represents RWB’s authorization to move forward with the operational strategy of its subsidiary RWB Michigan, LLC Michigan provides access to a market with approximately 10 million people and a consumer pool responsible for $171 million in sales – resulting in the generation of more than $23 million in tax revenue for the state’s roads, schools, counties, and municipalities The Sanderson property in Florida has been built to GMP specifications and is a 4,800 square foot standalone facility that is expected to help bridge the gap and satisfy the fast-growing demand in the cannabis…

MondayOct 04, 2021 9:00 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Expands Its Distribution Footprint Across Canada; Announces Series of Retail Partnerships

BevCanna is rapidly increasing its footprint within the Canadian functional beverages market The company has recently entered into a sales service agreement with Velvet Management Inc., Canada’s leading cannabis sales agency BevCanna has also separately announced that its highly sought-after products will now be distributed by the British Columbia Liquor Distribution Branch, Canada’s fourth largest provincial cannabis product retailer The moves bode positively for BevCanna in consolidating its position as a preeminent white label partner operating within the Canadian cannabis market BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health & wellness beverage and natural products company developing…

MondayOct 04, 2021 4:25 am

420 with CNW — Federal Report Finds More Financial Institutions Are Working with Cannabis Businesses

Recently released federal data shows that the number of credit unions and banks working with cannabis businesses has increased in the last quarter. Figures show that by the end of June 2021, 706 financial institutions were actively serving marijuana clients. This is a slight increase from the 687 institutions recorded in the previous quarter. The data, which was released by the Financial Crimes Enforcement Network, comes at a time when legislators are calling for Congress to protect credit unions and banks that work with the marijuana industry from penalties imposed by federal regulators. This is despite the 2014 Financial Crimes…

FridayOct 01, 2021 4:20 pm

420 with CNW — Canadian Marijuana Sector Demands Changes to Policies Stifling Infused Drinks

The cannabis beverages segment has been receiving plenty of attention since 2020 when the first cannabis-infused drinks hit the market. Thanks to nano-emulsification technology, cannabis companies can now develop smoothly infused products consistently, a feat that gave them trouble in the segment's early days. But, although cannabis technology has reached a level where customers can expect high-quality cannabis beverages, companies now have to deal with legislations that are inadvertently harming the young industry. In Canada, restrictive cannabis regulations are preventing industry players from selling cannabis drinks in a familiar way and attracting new customers who would not have purchased cannabis…

FridayOct 01, 2021 9:00 am

USA CBD Expo 2021 Hosts the Nation’s Largest CBD and Hemp Trade Show

What: USA CBD Expo 2021 When: October 28-30, 2021 Where: Chicago, Illinois Details on the Venue: Hosted at the famous McCormick Place convention center in downtown Chicago Key Stats: 50+ field experts, 300 unique vendors, and thousands of high-quality products from all over the globe The skyrocketing global CBD and hemp markets have only continued to dominate the industry after the COVID-19 pandemic. Now, professionals from around the world can finally come together to discuss the knowledge, experience and advice they’ve acquired this past year at the USA CBD Expo 2021 in Chicago, Illinois. The event is hosted from October…

FridayOct 01, 2021 4:20 am

420 with CNW — Marijuana Sector Employs Thousands from Restaurant, Retail Segments

A report has found that about 320,000 Americans are working in the cannabis industry. This represents a more than 30% increase from 2020 figures, making cannabis one of the country’s fastest-growing sectors. This also means that the United States has more legal marijuana workers than electrical engineers, paramedics or dentists. The marijuana industry has grown significantly since last year when cultivation facilities and dispensaries were classified as essential businesses by various states at the onset of the coronavirus pandemic. Published in partnership with Whitney Economics, the Leafly Jobs Report shows that in 2020, the industry added about 80,000 jobs to…

ThursdaySep 30, 2021 4:20 pm

420 with CNW — Researchers Investigate Whether CBD May Help Treat Oral Ulcers

Ever since the 2018 Farm Bill legalized the cultivation and sale of industrial hemp and its derivatives, the demand for cannabidiol (“CBD”), a hemp extract claimed to be full of potent medicinal properties, has skyrocketed. Plenty of people around the country have been using CBD to alleviate a wide variety of health issues including pain, anxiety, and skin conditions such as acne and psoriasis, among others. As the nascent CBD industry grows every year, scientists around the world have been avidly studying the cannabinoid to see just how much medical potential it holds. A recent study by researchers from Sichuan…