NewsRoom Articles - Page 192 of 596

MondayMar 21, 2022 4:20 am

420 with CNW — Factors Cannabis Retailers Should Consider When Choosing a Point-of-Sale System

A point-of-sale system enables business owners to keep track of their sales while also accepting payments from their consumers. Buying a system for a cannabis store seems like an easy feat, but it is not. There are a number of factors that cannabis retailers need to take into account when choosing a point-of-sale (POS) system for their store. POS experts, consultants and marijuana retail designers all recommend that cannabis retailers choose systems with features that support their brand and operations, as well as their business model. Given that a POS system helps retailers run their businesses, it is important that…

FridayMar 18, 2022 4:20 pm

420 with CNW — College Cannabis Courses Help Industry Train Employees

There is a growing demand for trained professionals in the cannabis economy as more states set up marijuana markets for medical and adult use. Universities, colleges and educational institutes are coming forward with programs that will facilitate this growing industry. These programs aim to connect their graduates with prospective employers. The U.S. cannabis industry is expected to support more than 500,000 full-time jobs this year. The figure is predicted to rise to 1.5 million jobs in the next three years. Lake Superior State University is one of the institutions that offer training through a degree in the cannabis industry or…

FridayMar 18, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Imports First CBD Products from Colombia Operations to U.S., with National Distribution Boost from Recent JustCBD Acquisition

Flora Growth is a cannabis cultivator and distributor operating a 100-hectare (about 247-acre) harvesting site called Cosechemos in central Colombia’s favorable growing climate Flora Growth has completed its first import of CBD-containing food and beverage products into the United States under its Mambe brand, thanks to Colombian regulatory changes in recent months allowing cannabis product exports Flora has filed licenses for 23 cannabinoid-infused food and beverage products with Colombia’s INVIMA food and drug regulatory body Imported Flora products will take advantage of the company’s U.S. distribution network customer database, which nearly doubled with last month’s acquisition of established CPG brand…

FridayMar 18, 2022 4:20 am

420 with CNW — US DOT Proposes New Cannabis Testing Policies to Increase Accuracy

Through a notice published last month, the U.S. Department of Transportation (“DOT”) is suggesting a new testing policy that could have an impact on cannabis users who use the drug while off duty. The federal transportation agency is looking to adopt saliva sampling in its tests in a bid to reduce false positives. Currently, the DOT relies on urine testing to determine impairment in a user. This method is controversial because it is invasive as workers are forced to urinate in a jar. Nevertheless, it tends to come up with a false positive as THC metabolites used to determine impairment…

ThursdayMar 17, 2022 4:20 pm

420 with CNW — Congressional Democrats Discuss Cannabis Equity Issues During Policy Retreat

A policy retreat that featured a panel discussion on advancing cannabis reform with a focus on the promotion of equity was attended last week by Democratic congressional legislators. The panel was moderated by Rep. Barbara Lee and was focused on the need to ensure that communities that were most affected by prohibition could benefit from the federal legalization of marijuana. Those in attendance discussed the Marijuana Opportunity, Reinvestment and Expungement (“MORE”) Act, which was sponsored by Jerrold Nadler, the House Judiciary chair. The event was held in Philadelphia a day after the House passed a large-scale spending bill that carries…

ThursdayMar 17, 2022 4:20 am

420 with CNW — ABA Poll Shows Americans Want SAFE Banking Act Passed

A recent survey released by the American Bankers Association has found that almost 70% of Americans are in favor of allowing financial institutions to work with cannabis businesses without the threat of being penalized. The poll, which was conducted by Morning Consult, interviewed more than 2,000 adults between February 18–19, 2022. The survey asked respondents a pair of questions on cannabis banking. The first asked respondents whether they support or oppose allowing cannabis businesses to “access traditional banking services, like a checking account or business loan, in states where cannabis is now legal.” The poll found that 65% were in favor…

WednesdayMar 16, 2022 4:20 pm

420 with CNW — Proposed Congressional Bill Encourages Military Veterans to Discuss Medical Cannabis Treatment with Physicians

Rep. Seth Moulton (D-MA) is sponsoring a new bill in Congress that would encourage military veterans to talk about using medical marijuana for treatment without the fear of losing federal benefits. The aim of the legislation is to make it harder for future Veteran Affairs (“VA”) leaders to change existing policies that currently allow VA physicians to talk to their patients about using medical cannabis for treatment. The bill states that veterans cannot be found ineligible for care and services because of their participation in state-funded cannabis programs. The bill clarifies, however, that no individual can use marijuana while on…

WednesdayMar 16, 2022 4:20 am

420 with CNW — New Poll Finds More Than 30% of Parents Can’t Tell CBD, Marijuana Apart

A recent poll has found that an estimated 80% of parents know almost nothing about CBD products. CBD (cannabidiol) is a chemical compound found in the hemp and cannabis plants. CBD usually contains only 0.3% of THC. THC (tetrahydrocannabinol) is the psychoactive component of the cannabis plant that induces a high when consumed. The poll found that of the 7% of parents who had considered giving or had given their child a CBD product, only about 30% had discussed its use with their child’s pediatrician. Close to 2,000 parents in the country participated in the poll, with 35% of them…

TuesdayMar 15, 2022 4:20 pm

420 with CNW — Why You Should Buy Marijuana from Licensed Outlets

Cannabis consumers have a strong relationship with their dealers. This is because their communication methods offer a convenient connection to a supply of marijuana. As a result of this back and forth, a relationship develops over time in which the involved parties mutually benefit from each other. Cannabis dispensaries, on the other hand, also provide benefits. Despite offering cannabis at prices that could be slightly higher than on the black market, dispensaries come with the security and quality control on top of supplying consumers with a variety of options. A licensed cannabis dispensary is a brick-and-mortar space that offers its…

TuesdayMar 15, 2022 9:15 am

Sugarmade Inc. (SGMD) in Strong Position as California Wholesale Cannabis Prices Rebound

A “bear run” in California’s volatile wholesale cannabis market may be over “A wholesale turnaround would be welcome news for thousands of growers across the state SGMD operates Nug Avenue, a cannabis delivery service located in the Los Angeles metropolitan area As wholesale cannabis prices increase in California, cannabis companies operating in the state are already seeing improvement (https://cnw.fm/cukxe). One of those companies, Sugarmade (OTC: SGMD), has set its eyes on expanding its end-market access as a central player in the growing California cannabis delivery marketplace while also developing its in-house cannabis production capacity to verticalize operations in the space.…