NewsRoom Articles - Page 2 of 601

WednesdayNov 05, 2025 4:20 pm

420 with CNW — Marijuana Investors Hopeful That Trump Could Ease Regulatory Bottlenecks

Marijuana shares may be gearing up for a resurgence after years of sluggish performance, as investors grow hopeful about possible federal reforms. Publicly listed cannabis companies have experienced mixed fortunes in recent quarters. Verano Holdings, for instance, posted $203 million in revenue—slightly higher than the previous quarter but 6% below last year’s levels. The company also posted a $44 million net loss, citing a $5 million write-down on a Pennsylvania facility and $10 million in legal expenses tied to a settlement. Two major players, Trulieve and Curaleaf, are expected to announce their earnings this week. Three key developments are fueling…

TuesdayNov 04, 2025 4:20 pm

420 with CNW — Campaigners for Cannabis Legalization in Florida Sue DeSantis in State Supreme Court

The group leading Florida’s effort to legalize recreational cannabis has taken Governor Ron DeSantis’ administration to court, accusing state officials of obstructing the campaign’s path to the 2026 ballot. The lawsuit, filed with the Florida Supreme Court, marks the latest chapter in a prolonged fight between reform advocates and the Republican governor. Smart & Safe Florida, the organization behind the legalization initiative, claims the state’s Division of Elections has refused to certify the number of voter signatures submitted to qualify the measure for review. The group says it has collected more than triple the required number of verified signatures, but…

MondayNov 03, 2025 4:20 pm

420 with CNW — Teens Who Use Marijuana Before 15 Likely to Exhibit Problems Later

Teenagers who begin using marijuana before the age of 15 face a significantly greater likelihood of using the drug more frequently later in life and of developing physical and mental health issues as young adults, according to new research published in JAMA Network Open. The study, conducted by researchers in Montreal, draws on data from the Québec Longitudinal Study of Child Development, a decades-long project tracking more than 1,500 participants from birth into early adulthood. The goal was to understand how early cannabis habits might influence long-term health outcomes. Researchers found that 60 percent of teens in the study never…

FridayOct 31, 2025 4:20 pm

420 with CNW — 39 State AGs Ask Congress to Ban Hemp-Sourced THC Products

A coalition of 39 attorneys general from 37 U.S. states and two territories is urging Congress to take immediate action against the growing sale of hemp-derived THC products. In a letter sent on October 24 to leaders of key Senate and House committees, the group called for a revision of federal law to close what they describe as a loophole in the Farm Bill 2018 that has allowed synthetic, psychoactive products to proliferate nationwide. The bipartisan letter, coordinated by Arkansas AG Tim Griffin along with Indiana’s Todd Rokita, Minnesota’s Keith Ellison, and Connecticut’s William Tong, warns that hemp-derived THC compounds,…

ThursdayOct 30, 2025 4:20 pm

420 with CNW — Will Health Insurance Ever Cover Medical Marijuana in the US?

Health insurance coverage for medical marijuana remains largely out of reach across the U.S., but a new initiative could soon offer some financial relief to patients who rely on marijuana-based treatments. The American Council of Cannabis Medicine (ACCM) has introduced a reimbursement program known as Elevated States, which aims to cover part of the expenses tied to medical cannabis use. Under the program, qualifying patients could get up to $175 each month to offset costs related to cannabis purchases and doctor consultations. Several major insurers, including Envita Health, Cigna, and Detego Health, are reportedly participating in certain plans across the…

WednesdayOct 29, 2025 4:20 pm

420 with CNW — Marijuana Firms Ask Supreme Court to Hear Case Challenging Federal Cannabis Ban

A group of cannabis businesses has asked the U.S. Supreme Court to review the constitutionality of the federal government’s ongoing prohibition on marijuana. The petition, filed Friday by Boies Schiller Flexner LLP on behalf of several Massachusetts-based companies, including Verano Holdings, Canna Provisions, Wiseacre Farm, and Gyasi Sellers, contends that the federal government oversteps its authority by criminalizing cannabis operations that occur solely within state borders. At the heart of their argument is the Commerce Clause of the U.S. Constitution. The companies say it prevents Washington from applying criminal laws to marijuana businesses that operate only inside a single state’s…

TuesdayOct 28, 2025 4:20 pm

420 with CNW — Medical Cannabis Slashes Opioid Use Among Surgical Patients with Cancer

A new study suggests that states allowing medical cannabis sales through licensed dispensaries may see fewer prescriptions for strong opioids among cancer patients recovering from surgery. However, the same policy appears to coincide with a higher rate of hospital visits for reasons unrelated to cancer treatment. The research, published in Cancer, compared opioid use among cancer patients in states with and without medical cannabis laws. Researchers found that legalization accompanied by dispensaries was linked to a 4.6% drop in prescriptions for strong opioids compared with states that had not legalized medical cannabis. At the same time, the data showed a…

MondayOct 27, 2025 4:20 pm

420 with CNW — New Rule in Florida Puts Access to Medical Cannabis at Risk

Over 160 Floridians with state-issued medical cannabis cards have lost or could soon lose access to their prescriptions following a new regulation from the state health department. The rule, enacted this summer, targets patients charged with or convicted of drug-related offenses. Bobbie Smith, who leads the state’s Office of Medical Marijuana Use (OMMU), told lawmakers on October 15 that 20 people already meet the conditions for revocation under Senate Bill 2514. Another 140 remain under court review and could face similar action once convictions are finalized. The new rule stems from a Senate Appropriations Committee measure initially tied to a…

FridayOct 24, 2025 4:20 pm

420 with CNW — Court Starts Hearing Case Against Florida Marijuana Licensing Process

A months-long legal showdown began on October 20 over who gets to enter Florida’s tightly controlled medical cannabis market, a fight that could reshape one of the state’s fastest-growing industries. The administrative hearing, expected to continue into mid-February, follows nearly a year of disputes since health officials announced they intended to grant 22 new licenses out of more than 70 applications. Thirteen rejected companies are now challenging those decisions before an administrative judge. The state’s health department and most of the selected applicants are also part of the complex proceedings, which include hundreds of documents and days of expert testimony.…

ThursdayOct 23, 2025 4:20 pm

420 with CNW — Supreme Court to Hear Case on Gun Rights of Marijuana Users

The US Supreme Court has stated that it will hear a case on whether individuals who frequently use cannabis can legally possess firearms. The case will mark the latest in a series of major gun rights disputes since the Court’s 2022 decision that broadened constitutional protections for gun ownership. The Department of Justice (DOJ) is asking the Court to revive a prosecution against a Texas man, Ali Danial Hemani, who faced a felony charge for owning a firearm while admitting to being a regular marijuana user. A federal appeals court had earlier struck down that law, ruling that it was…