NewsRoom Articles - Page 198 of 612

WednesdayMay 04, 2022 4:20 pm

420 with CNW — Bankers’ Groups from All 50 States Urge Senate to Enact Cannabis Banking Reform

Last week, a group of banking associations from all 50 United States wrote a letter to the U.S. Senate urging the legislative body to include cannabis banking language in the final text of a manufacturing bill for which a bicameral conference is being organized. The American Bankers’ Association (ABA) as well as associations from every state in the United States says that the SAFE Banking Act is needed urgently and has wide support from both sides of the legislative aisle. The group added that this law is needed to handle the financial transactions that so many entities, such as real…

WednesdayMay 04, 2022 9:30 am

O’Cannabiz Conference Expo & Awards To Buzz With Cannabis Business And Discussions

Witness the immersive experience of Cannabis trade shows, retail summits, awards functions along with high-intensity networking among the veterans and global dignitaries of the cannabis business in Canada at the International Centre, Toronto, Canada. Cannabis enthusiasts, traders, researchers, and activists are invited to attend the 2-day O’Cannabiz Conference Expo & Awards from June 1-3rd 2022. Budding entrepreneurs can leverage this phenomenal stage where influential industry stalwarts will grace the occasion with their presence. Get valuable tips and learn the intricate strategies of the trade from Steve De Angelo, the father of the legal cannabis industry in his keynote address to…

WednesdayMay 04, 2022 4:20 am

420 with CNW — Researchers Draw Attention to Widening State-Federal Cannabis Policy Differences

In a new report released shortly after the U.S. House of Representatives passed a bill legalizing cannabis at the federal level, congressional researchers revealed that the gap between the marijuana policies at state level and those at the federal level was wide — and it was getting wider with each passing year. The analysis by the Congressional Research Service ("CSR") was 101 pages long and covered several aspects connected to the marijuana industry in the country. For example, the document points out how the policy schism has affected cannabis banking. The researchers say that because of the federal classification of…

TuesdayMay 03, 2022 4:20 pm

420 with CNW — Cannabis Growers Could Be Left Out of California Drought Plan

As another record-setting dry summer approaches, marijuana cultivators are on the brink of being left out of a California program aimed at assisting growers while preserving water resources. The plan, suggested by state governor Gavin Newsom, aims at injecting approximately $268 million into paying various farmers so that they leave their fields to fallow during summer. However, marijuana cultivators haven’t been included in the proposal being discussed to pay growers not to plant anything during summer. The state government is working with the largest providers of water in a bid to ease the rate at which water resources will be…

TuesdayMay 03, 2022 9:30 am

Prime Harvest Inc. Is ‘One to Watch’

Prime Harvest is leveraging a long-term strategy of investing in the growth and scale of licensed assets in California, anchored by the power of data-driven technology Its flagship brand, Jaxx Cannabis, aims to use technology to facilitate a true customer-centric culture while enhancing the overall craft cannabis experience The company is committed to the goal of creating a more sustainable environment, now and in the future Prime Harvest is a proud member of the Community Alliance Program, a foundation that seeks to make a difference in local communities The company’s leadership team boasts over 100 years of combined hands-on experience…

TuesdayMay 03, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Provides Update on its Patented DehydraTECH(TM) Technology, Including the Approval of New Patent

Lexaria received its 25th patent – and the first patent for the use of DehydraTECH technology in the enhanced delivery of antiviral drugs The company is seeking IND approval from the FDA and has commenced its human HYPER-H21-4 study for hypertension with DehydraTECH-CBD, with results expected in Q3 2022 Lexaria is also commencing its human oral nicotine study, NIC-H22-1 to compare Lexaria's DehydraTECH-nicotine pouch performance to that of existing leading brands currently sold in the US such as ON! and Zyn Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, has announced some positive news that further promotes…

TuesdayMay 03, 2022 4:20 am

420 with CNW — Top Four American Cities for Marijuana Lovers in 2022

The rise of telecommuting has created opportunities to live anywhere people fancy, and many have taken on the nomadic lifestyle thanks to virtual work. Whether you would like to move to start a new job or just want to go to another place and start over after the pandemic, here are some cities that you can consider moving to if you would like a place to call home that welcomes marijuana lovers. Ann Arbor, Michigan If you are tired of the hustle and bustle of major metropolitan cities such as New York City and you would like a vibrant smaller…

MondayMay 02, 2022 4:20 pm

420 with CNW — New App Can Reveal Potential Interactions Between Medications, Cannabinoids

A newly developed application can enable pharmacists as well as other medical professionals to enhance patient safety. This can be achieved by using the app to predict how cannabinoids, such as those found in medical cannabis, may interact with any other medications that a patient is taking. Researchers at Penn State University developed the app, called CANNabinoid Drug Interaction Review (CANN-DIR). The app works by evaluating how various cannabinoids, including THC and CBD, found in different over-the-counter or prescription medical cannabis products interact with the other medicines that a patient is taking. The app has a database containing the common…

MondayMay 02, 2022 9:30 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Strengthens Financial Profile with Debt Reduction, Adjustments to Revenue Strategy

Red White & Bloom Brands is a multi-state cannabis operator based in Canada and focused on developing revenue opportunities in strong U.S. cannabis markets such as Michigan, Florida and California The company recently announced it has eliminated $115 million in debt liabilities as part of its efforts to streamline its financial operations during a period when many companies are struggling with the effects of the COVID pandemic Red White & Bloom’s debt reduction includes cutting over $22 million in annual expenses The company has solidified its foothold in Michigan with acquisitions that have allowed it to become vertically integrated and…

MondayMay 02, 2022 4:20 am

420 with CNW — New Jersey AG’s Memo Sparks Controversy Regarding Off-Duty Use of Marijuana by Police

The state of New Jersey recently launched its adult-use recreational marijuana market. While adult residents and visitors were thrilled to finally be able to buy cannabis legally, a memo written by the attorney general of the state regarding off-duty police officers’ use of marijuana sparked controversy. In the memo, Mathew Platkin clarified that according to the existing marijuana laws in New Jersey, police officers shouldn’t be penalized in any way if they use cannabis during their off-duty hours. There was immediate pushback from different quarters once this memo went public. For example, the Democratic speaker of the state assembly, Craig…