NewsRoom Articles - Page 179 of 603

TuesdayJun 21, 2022 4:20 am

420 with CNW — Climate Change Could Influence How, Where Marijuana Is Grown

Marijuana is rarely on the table whenever discussions of climate change are underway. However, as the world grapples with the effects of decades of greenhouse emissions and runaway climate change, cannabis growers will find that they have to adapt. It is essentially the same issue that has disrupted agricultural-based industries such as wine: shifting weather patterns coupled with climate change are making regions that have previously the perfect conditions for cultivating inhospitable. In the next couple of years, marijuana growers in the country may have to change where and how they grow cannabis if they wish to remain competitive. This…

MondayJun 20, 2022 9:35 am

2022 Cannabis Drinks Expo: Skyrocketing Category Includes Hemp-Based Sports Drinks to Cannabis-Infused Cocktails

Explore booming cannabis drinks brands at the 3rd Annual Cannabis Drinks Expo on July 28 in San Francisco and on August 2 in Chicago Cannabis Drinks Expo, a super hit b2b trade show, returns in July, providing the cannabis and drinks industry a unique platform to expand business, explore the category and source amazing brands. The theme for the 2022 show is “Growing the Category.” The 2022 Cannabis Drinks Expo will help attendees learn about this burgeoning category and develop new products while offering existing brands networking opportunities with state manufacturers for national expansion. Retailers and distributors will find assistance…

FridayJun 17, 2022 4:20 pm

420 with CNW — Report Says Marijuana Banking, Criminal Expungement Could Be Federally Approved This Year

A new report has revealed that legislators may pass federal cannabis banking reform this year as long as it is combined with existing cannabis expungement legislation. Due to federal prohibition, businesses in the cannabis sector have been unable to access banking and loan services, forcing them to operate on a cash-only basis and limiting their growth opportunity. The lack of cashless payments has been a particularly touchy issue as it makes it difficult for marijuana businesses to track their finances and keep up with their taxes; it also makes them prime targets for burglaries and robberies. Politico reported that Senate…

FridayJun 17, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Achieves Key Milestone in Global Expansion Plan with JustCBD Launch on Amazon UK

Flora Growth completed the acquisition of Just Brands LLC and High Roller Private Label LLC, owners of the JustCBD brand, on February 28, 2022 The company then expanded its operational footprint in Europe and the UK in May 2022 to further its international growth strategy JustCBD products, including gummies and tinctures, will be available on www.Amazon.co.uk starting this month in a pilot-only program Flora Growth is optimistic that this launch will allow the company to reach a larger consumer base as it works towards further expanding its operations across Europe On February 28, 2022, Flora Growth (NASDAQ: FLGC) completed the…

FridayJun 17, 2022 4:20 am

420 with CNW — New Details Emerge on Possible Congressional Omnibus Bill on Marijuana Policy Reform

Two members of Congress have revealed that high-level legislators are discussing putting together a package of cannabis proposals that could be enacted in a marijuana omnibus law this year. Furthermore, sources have revealed that these discussions cover a wide range of issues, not just the expungement and cannabis banking reforms that have been the crux of cannabis discussion in recent times. The two Congressmen revealed that the discussions involve incremental reform and comprehensive cannabis legalization. Those in the know say that these discussions have the potential to result in actionable, bipartisan cannabis policy, a feat that has eluded Congress for…

ThursdayJun 16, 2022 4:20 pm

420 with CNW — Congressional Researchers Find Legalization of Marijuana Is Affecting Mexican Cartel Profits

Procannabis policies across America are achieving one key objective of legalization: drawing consumers away from the illicit market and reducing illegal sales. According to a report from Congressional researchers, cannabis legalization in America and Canada has dampened the demand for illegal cannabis from Mexico. The report from the Congressional Research Service (CRS) is an updated version of one released in 2020 and contains fairly consistent language with the 2020 version. Like the 2020 report, it shows how cannabis reform and legalization have affected the international drug trade. Analysis from the CRS showed that U.S. seizures of smuggled cannabis started to…

ThursdayJun 16, 2022 4:20 am

420 with CNW — White House FAQ Reveals That Prospective Interns Will Be Asked About Past Cannabis Use

Earlier this week, the Biden Administration announced that individuals who would like to intern at the White House would be required to disclose any previous drug use. This is despite repeated requests to stop penalizing employees who admit to past use of cannabis. A new White House Internship program FAQ states that applicants going through the hiring process will be required to fill out a security clearance form. The data collected by this form may affect the eligibility of the candidates, especially if it includes information on past consumption of marijuana, even if it was legal under state law. In…

WednesdayJun 15, 2022 4:20 pm

420 with CNW — The Do’s and Don’ts as Thailand Eases Marijuana Restrictions

Thailand has become the first country in Asia to decriminalize the cultivation and sale of marijuana. However, Thai residents won’t be living in a recreational cannabis paradise anytime soon. The Asian country plans on enacting strict cannabis policies and tough penalties for anyone caught indulging in recreational weed. According to Thai Health Minister Anutin Charnvirakul, the move is meant to boost Thailand’s economy by tapping into the billion-dollar medical cannabis industry. Anutin cautions against using cannabis recreationally as the country still has laws that control the consumption of marijuana products in a “nonproductive” way. Rather than launch a recreational market,…

WednesdayJun 15, 2022 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Initiates Communication with the FDA Concerning Potential Treatment for Hypertension; Out-Licenses Its DehydraTECH Technology to International Markets

Lexaria, a global innovator of drug delivery platforms, recently filed a pre-IND meeting request letter with the FDA, initiating communication regarding the development of its DehydraTECH-CBD as a treatment for hypertension The company has been undertaking preparatory programs in readiness for the meeting, as well as an IND application filing The pre-IND meeting will confirm the details of the company’s IND-enabling program Lexaria also announced it had licensed its DehydraTECH technology to AnodGen, with the announcement following similar out-licensing agreements with Valcon Medical and Premier Science Early last September, global innovator Lexaria Bioscience (NASDAQ: LEXX) was pleased to announce it…

WednesdayJun 15, 2022 4:20 am

420 with CNW — Senator Asks Congress to Allow Cannabis Businesses to Access Business Loans

America’s cannabis industry exists in a sort of limbo. Although dozens of states now allow the cultivation and sale of cannabis to adults aged 21 and older, federal law still outlaws the plant and considers it a Schedule I controlled drug. This means that even though licensed cannabis businesses are seen as legal commercial enterprises by many states, they cannot access many of the services other industries enjoy. One such service is benefits and grants from the federal government. Cannabis businesses felt this most acutely during the coronavirus pandemic when the national government deployed aid funds to businesses through the…

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