NewsRoom Articles - Page 2 of 308

TuesdayJan 19, 2021 4:20 pm

420 with CNW — Four Books Every Marijuana History Enthusiast Should Read

Almost every state in the United States has legalized cannabis in some form, which further supports numerous scientific studies showing that cannabis possesses various medicinal benefits. However, the buzz around this medicinal and recreational plant may leave some with unanswered questions regarding the plant’s background and historical significance. Understanding more about the history of marijuana allows one to have a deeper understanding of some of the current topics in the marijuana world, such as why the healing potential of this plant has been suppressed intentionally or why marijuana is still illegal federally. Those who are keen on expanding their knowledge…

TuesdayJan 19, 2021 1:25 pm

MAZAKALI Celebrates Optimism Trend in Cannabis Markets, Anticipates Decade-defining Asset Class

Cannabis fintech marketplace innovator MAZAKALI is helping investors and issuers navigate the hurdles of an industry experiencing renewed vitality A supportive presidential administration along with continued state-level legalization is serving as a boon to cannabis market interests Professional sports leagues have become increasingly friendly to player use, reducing or eliminating cannabis-related drug testing protocols and punishments Market analysts forecast global revenues of $358.8 billion by 2027, an annual growth rate of 14.3% percent over 2020’s valuation. In the United States, the industry is growing at nearly twice that rate – boasting a projected annual growth of 27% over the next…

FridayJan 15, 2021 10:47 am

Gage Cannabis Co. Rapidly Expands Retail Footprint as Michigan Celebrates Legalized Recreational Marijuana’s One Year Anniversary

December 1, 2020 marked one-year anniversary since recreational marijuana use was approved for sale in Michigan Retailers have sold approximately $450 million worth of recreational marijuana products over the last year, with sales averaging $13 million per week in recent months Gage Cannabis has leveraged upon rising growth rate through rapid store expansion, which will see its store footprint grow by over 10 locations in 2021 Michigan’s governor recently signed legislation which will allow veterinarians to speak to pet owners about giving cannabis to their animals for therapeutic use On December 1, 2020, Michigan marked the one-year anniversary following the…

FridayJan 15, 2021 4:20 am

420 with CNW — Cannabis Companies Urge California Authorities to Prioritize Their Employees During COVID Vaccination

Close to a year after the coronavirus appeared in Wuhan, China, eventually wreaking untold havoc on the world at large, scientists have developed vaccines that can provide immunity against the virus. However, it won’t be until spring at the very least before the majority of the U.S. population is vaccinated to achieve herd immunity. People who are at greatest risk of exposure to the virus have been given first priority as the first round of vaccinations begins, and a coalition of cannabis companies is asking for their employees to be included in that round. When the pandemic broke out and…

ThursdayJan 14, 2021 4:20 pm

420 with CNW — Rhode Island Medical Cannabis License Applicants Await Lottery to See Who Will Run New Dispensaries

The state of Rhode Island plans to open up six new medical cannabis dispensaries, adding to the three dispensaries that already exist in Portsmouth, Warwick and Providence, which were launched in 2013 and 2014. In an effort to promote price competition and improve accessibility for patients, the new cannabis dispensaries will operate in six different locations around the state. The state’s administration has suggested that the six dispensary licenses be awarded through a lottery, in an attempt to keep political influence and favoritism out of the selection process. Twenty-eight businesses have filed applications for a chance to manage one of…

ThursdayJan 14, 2021 12:57 pm

PacRoots Cannabis Corp (CSE: PACR) (OTCBQ: PACRF) Announces Results of Initial Hemp CBD Harvest

PacRoots Cannabis updated investors following first successful hemp harvest derived from joint venture with Rock Creek Farms Initial harvest yielded 105,000 lbs of biomass of exceptional quality; yield was sold in its entirety to Speakeasy Cannabis Club Harvest was particularly remarkable given that it was produced despite region’s poor prevailing weather conditions Global CBD oil, consumer health market poised to grow to value of $123.2 billion by 2027 PacRoots Cannabis (CSE: PACR) (OTCQB: PACRF), a Canada-based cannabis company dedicated towards producing premium-quality strains and products by leveraging a genetics-focused approach, has recently updated its investors and stakeholders following the company’s…

ThursdayJan 14, 2021 4:20 am

420 with CNW — What You Need to Know About Cannabis Home Cultivation in Arizona

Voters in Arizona overwhelmingly approved a ballot initiative to legalize recreational cannabis in the state during the November ballot. Known as the Smart and Safe Arizona Act, the legislation allows adults aged 21 and older to buy and possess cannabis. The act also legalized home cultivation, allowing adults to grow up to six cannabis plants or no more than twelve plants in residences with more than one adult. For gardening enthusiasts who would like to grow their own marijuana, this presents a fantastic opportunity. Growing cannabis from seed all the way to flower can be quite a rewarding experience, but…

WednesdayJan 13, 2021 4:20 pm

420 with CNW — Wyoming Taking Cannabis Legalization Notes from Neighbors

Wyoming is among the last few states in the United States that has not yet accepted legal marijuana in some form. The state is surrounded by states such as Montana and South Dakota that have legalized cannabis, and while it is unclear when Wyoming will legalize cannabis, it is known that the state is exploring legal options with regard to legalization. The reason for the state turning to its legal counterparts for information on cannabis legalization may be data that shows that the state’s residents are looking for more access to marijuana. Additionally, data from a study conducted in December…

WednesdayJan 13, 2021 4:20 am

420 with CNW — Recreational Cannabis Now Legal in Montana — With Caveats

On Nov. 3, 2020, Montanans voted in favor of two legislations that would make the possession of cannabis in the state legal. The first, Initiative 190, legalized the possession and sale of small amounts of cannabis and levied a 20% tax on recreational cannabis sales. The second, Constitutional Initiative 118, would amend the constitution to allow either voters or state legislators to set the age at which adults are allowed to possess and consume cannabis. The constitutional amendment became effective as of Jan. 1, 2021, and some of its now-effective sections allow adults 21 years and older to possess and…

TuesdayJan 12, 2021 4:20 pm

420 with CNW — Connecticut Governor Reaffirms Pledge to Push for Cannabis Legalization

During the annual State of the State speech held on Wednesday, Connecticut Gov. Ned Lamont reaffirmed his support for cannabis legalization and vowed to work with legislators to advance the issue this year. He stated that he looked forward to collaborating with the state’s tribal partners and was working with neighboring states on the way forward to update gaming in Connecticut and get the legislators on board to attain cannabis legalization. In addition, Lamont noted that legalized cannabis, internet gaming and sports betting were already happening all around, adding that it would be a shame to let these opportunities go…