NewsRoom Articles - Page 195 of 606

WednesdayApr 20, 2022 4:20 am

420 with CNW — Denver Hotel First in US to Obtain Cannabis Consumption Site License

Denver, Colorado, has always been a major attraction as a travel destination, and tourist numbers have put pressure on the hotel industry to ramp up. When state law was passed allowing nonresidents to purchase marijuana, tourist numbers shot through the roof. The only black spot to this situation was the ban on the public consumption of marijuana, hence tourists and residents had to sneak around to find where they can indulge. That is now changing. The Patterson Inn has made history across the country by receiving the first license to operate an indoor cannabis consumption lounge hosted within a hotel.…

TuesdayApr 19, 2022 4:20 pm

420 with CNW — Congress Appoints Negotiators to Finalize Manufacturing Bill with Possible Cannabis Banking Protections

Cannabis banking has been a contentious issue since states started legalizing medical and recreational cannabis. Since federal law prohibits the cultivation, production and sale of cannabis, most financial institutions refuse to work with businesses in the cannabis space. This forces marijuana businesses to operate on a cash-only basis, which significantly increases the risk of robberies and prevents these companies from accessing much-needed capital. After years of advocating for access to financial services, the cannabis sector is a step closer to its goal after Congress appointed negotiators to finalize a manufacturing and innovation bill that would protect banks that choose to…

TuesdayApr 19, 2022 9:30 am

Lift&Co. Expo Toronto 2022 to Gather Experts from Canadian and Global Cannabis Ecosystem

Thousands of exhibitors, speakers and attendees from across the cannabis industry will soon gather for the much-awaited Lift&Co. Expo Toronto 2022, to be held from 12-15 May, 2022, in Toronto. Lift&Co. Expo is Canada's leading cannabis conference and trade show, attended by top innovators, retailers, licensed producers, investors and regulators to share and discuss important topics and breakthroughs in the world of cannabis. Lift&Co. Expo Toronto 2022 includes: Lift Cannabis Business Conference | May 12 CannaVest North Investment Forum | May 13-14 Lift&Co. Expo Industry Days | May 13 – 14 Budtender Day | May 14 Lift&Co. Expo Consumer Day | May 15 The experienced team…

TuesdayApr 19, 2022 4:20 am

420 with CNW — Why Women Use CBD Supplements Daily

More and more women are turning to a cannabis extract called cannabidiol (CBD) as an alternative treatment. Unlike THC, which is the main psychoactive element in cannabis, CBD does not intoxicate users. Studies have found that the cannabinoid has plenty of medical potential and can be used to alleviate conditions such as chronic pain and mood disorders, including PTSD, in place of conventional pharmaceutical treatments. The medical and health and wellness industries have taken a particular liking to CBD due to its alleged medicinal properties. And, according to data from Ease Survey, female baby boomers account for a large percentage…

MondayApr 18, 2022 4:20 pm

420 with CNW — University of Mississippi Research Shows Marijuana Legalization Reduces Admissions in Foster Care

According to a recent study undertaken by University of Mississippi researchers, the legalization of cannabis, especially for recreational use by adults, is linked to a minimum of 10% reduction in the rates at which kids are admitted into foster care homes. These reductions occur for placements associated with neglect, physical abuse, abuse of drugs (excluding marijuana) or alcohol as well as for parental incarcerations. The study further indicates that if marijuana were to be legalized federally, there would be massive savings with regard to the money injected into foster care each year. To arrive at these conclusions, the team of…

MondayApr 18, 2022 9:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Advances its Human Nicotine Study and Announces New Nicotine Formulation Creation and Evaluation Program with Altria

Lexaria’s patented DehydraTECH(TM) technology has proven, in the NIC-A21-1 animal study, to be 10-20 times faster in reaching peak delivery of nicotine to the bloodstream than controls The company hopes to affirm this in the NIC-H22-1 human nicotine study as their DehydraTECH-nicotine pouch performance will be compared to existing leading brands currently sold in the United States such as ON! and Zyn Lexaria has separately announced new agreements with Altria that will see the company receive a fee to provide certain DehydraTECH powder-based nicotine formulations that Altria will evaluate The company hopes that this, coupled with the human clinical study,…

MondayApr 18, 2022 4:20 am

420 with CNW — Federal Regulator Cheers State-Level Cannabis Banking Reforms Amid Congressional Inaction

Banking is one of the most crucial resources the state-legal cannabis industry is missing out on due to federal prohibitions. Fearing retaliation from the federal government, most financial institutions refuse to work with cannabis businesses, depriving them of financial services such as bank accounts and loans. Additionally, it forces marijuana businesses to operate on a cash-only basis, which significantly increases the risk of burglaries and robberies. However, some states have made efforts to increase access to banking services in the nascent cannabis sector in a bid to address these problems. Former chair of the National Credit Union Administration (NCUA) Rodney…

ThursdayApr 14, 2022 4:20 pm

420 with CNW — Ukraine War Upends Marijuana Industry Supply Chains

Before the global supply chains can recover from the upheaval triggered by COVID-19, the world is again reeling from the disruptions caused by Russia’s decision to invade Ukraine. The resultant supply chain challenges are starting to bite within the cannabis industry, as is the case with other sectors of the economy. Experts say the supply chain challenges facing the marijuana industry could possibly last for the rest of this year, maybe even longer. This is particularly likely for companies categorized as ancillary to the marijuana industry, such as those providing packaging and specialized consumables to marijuana companies. The solvents used…

ThursdayApr 14, 2022 9:30 am

The Southeastern Hemp & Medical Cannabis Convention by Organa Kannalytics LLC, Driving Forward The Medical Cannabis and Hemp Industry

The Southeastern Hemp & Medical Cannabis Convention (“SHMC”) is being held as a live event on May 12-14, 2022, at the Cobb Galleria Centre, Two Galleria Parkway, Atlanta, Georgia. Cannabis and hemp businesses, researchers, cultivators, medical practitioners, legislators, and enthusiasts are invited to attend the industry’s leading convention that explores all the aspects of the cannabis and hemp industry. Attendees can leverage the huge networking opportunities and connect with potential clients, experts, and investors at the SHMC event. The event will include industry leaders and enthusiasts who will impart their in-depth knowledge and expertise about cannabis trading, research, medicinal uses, and…

ThursdayApr 14, 2022 9:00 am

Advanced Container Technologies Inc.’s (ACTX) Grow Pods Offer Attractive Investment Option for Entry into Indoor Farming

Modular indoor farming is expected to grow to $9.7 billion worldwide by 2026 The “Times” reports that controlled-environment agriculture, including indoor farms, is attracting venture capitalists ACT’s Grow Pods are essentially micro-farms that can be placed anywhere and allow cultivation 365 days a year Modular indoor farms are expanding as the demand for year-round produce steadily increases, reports the “New York Times” last week (https://cnw.fm/0zpqd). That upward swing is not news to Advanced Container Technologies (OTC: ACTX), a savvy company that has been pioneering the idea through the distribution of self-contained, automated, indoor micro-farms called Grow Pods. “Vertical farming is expected…

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