NewsRoom Articles - Page 222 of 604

FridayDec 03, 2021 4:20 am

420 with CNW — Regulatory Environment Shifts as Demand for CBD Increases

The 2018 farm bill was historic. The legislation legalized the cultivation and sale of industrial hemp and its derivatives, ending decades of prohibition and launching an insanely lucrative industry. Cannabidiol (“CBD”), one of the many chemical compounds produced by the hemp plant, swiftly gained immense mainstream popularity thanks to anecdotal claims of its health benefits. As initial studies found that cannabidiol had potent medical properties, the demand for CBD surged even more, and plenty of sellers jumped into the CBD market to cash in on the demand. However, authorities still haven’t crafted a comprehensive regulatory structure for the nascent CBD…

ThursdayDec 02, 2021 4:20 pm

420 with CNW — More Senators See Defense Bill as Avenue to Enact Cannabis Banking Reform

Senators from the state of Colorado are calling for cannabis banking reforms to be included in soon-to-be-enacted defense legislation. The senators — Michael Bennet and John Hickenlooper — wrote a letter in which they argued that the banking act’s language needed to be adopted in the final bill to be advanced to the president’s desk. This comes after members of the Senate Armed Services Committee also penned a letter asking lawmakers to include the Secure and Fair Enforcement (“SAFE”) Banking Act in the National Defense Authorization Act. The letter from the Colorado senators, which was sent to Senate committee leadership, stated that…

ThursdayDec 02, 2021 9:00 am

Cannabis Strategic Ventures Inc. (NUGS) Moving Forward to Achieve Vision of Being Top-Tier, Farm-to-Door, Premium Cannabis Company

NUGS “wasting no time” in deploying assets to launch one of California’s top vertical cannabis models Company plans to deploy another new license for establishment of indoor cultivation facility Four licenses provide regulatory backing for a series of major next steps critical to NUGS’ strategy An emerging leader in the U.S. cannabis marketplace, Cannabis Strategic Ventures (OTC: NUGS) is taking key steps forward in its strategic plan to implement a farm-to-sale model (https://cnw.fm/KCY3A). The company is beginning to deploy its newly acquired licenses, including the opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary. “After securing key licensing,…

ThursdayDec 02, 2021 9:00 am

Marijuana Company of America Inc. (MCOA) Leverages Strategic Partnerships to Facilitate Growth Within the Industry

The global cannabis market was valued at $22.10 billion and is expected to grow at a CAGR of 13.9% by 2026. The growing trend was reflected by Green Wednesday sales MCOA has expanded its interests into Latin America and has strategic partnerships in place, as well as wholly-owned subsidiaries in its portfolio Leadership team has set high standards for the company and plans to leverage the strategic partnerships it has accumulated as a means of facilitating growth for the company within the industry The cannabis industry just celebrated its second-largest holiday of the year – Green Wednesday, the industry’s very…

ThursdayDec 02, 2021 4:20 am

420 with CNW — Germany May Soon Legalize Cannabis After Agreement Between Major Parties

Germany may soon legalize cannabis across the country after party leaders recently reached an agreement to do so. The legalization bill, which will be introduced in the next legislative session, will restrict alcohol, tobacco and marijuana from being advertised as well as offer broader drug harm reduction services. Currently, the country has in place a medical marijuana program. This is in addition to having already decriminalized the personal possession of cannabis. The legalization bill to be introduced would establish a regulated market for adult-use cannabis. The governing coalition in the country comprises of the Greens, the Free Democratic Party and…

WednesdayDec 01, 2021 4:20 pm

420 with CNW — Study Shows Workouts Trigger Release of Marijuana-Like Substances in the Body

Inflammation is the root of some of the most life-threatening diseases humans face. Although it is a natural process that is usually initiated by the body as part of its defense system, inflammation works best in small doses. Constant or chronic inflammation will wreak havoc on the body, resulting in conditions such as rheumatoid arthritis, periodontitis, ulcerative colitis and Crohn's disease. Researchers are constantly trying to find ways to combat chronic inflammation, and the results from a new study have piqued their interest. The study found that exercising causes microbes in the gastrointestinal tract to produce marijuana-like substances that can…

WednesdayDec 01, 2021 9:30 am

Experience the Industry’s Most Influential Event at NCIA’s Cannabis Business Summit & Expo

Date: December 15–17, 2021 Venue: Moscone Center, San Francisco, California NCIA’s 7th Annual Cannabis Business Summit & Expo will be held in the Moscone Center in San Francisco, California, on December 15–17, 2021. Presented by the National Cannabis Industry Association (“NCIA”), the only national trade association advancing the interests of the responsible cannabis industry, #CannaBizSummit is the industry's most influential national B2B trade exhibition and the only event that brings together a lineup of unique education, exhibitors, and experiences all under one roof. Joining a prestigious lineup of more than 125 industry presenters in over 80 educational sessions, the event’s…

WednesdayDec 01, 2021 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Expands its Line of Lifestyle Brands Following Vessel’s Merger into a Wholly-Owned Subsidiary

Flora Growth has followed through with its definitive agreement to acquire 100% of Vessel’s equity interests This acquisition opens Flora up to the North American market, in addition to expanding its brand portfolio, with a proven operator that has achieved trailing 12-months revenue of $6.6 million and year-over-year growth of 90% It also serves to strengthen Flora’s management with the addition of Vessel’s leadership onto the team This latest acquisition lines up with Flora’s mission to build a connected, design-led collective of plant-based wellness and lifestyle brands that offer customers an unrivaled experience Flora Growth (NASDAQ: FLGC) has, since its…

WednesdayDec 01, 2021 9:00 am

Cannabis Strategic Ventures Inc. (NUGS) Launches LA-Based Cannabis Dispensary in Number-One Market

MDRN (Modern) Tree is key piece of company’s vision to build a full farm-to-sale vertical model NUGS plans to grow MDRN Tree brand, develop model that gives cultivation business wider distribution at potentially higher margins The MDRN Tree location is opening in top cannabis market in the world Cannabis Strategic Ventures (OTC: NUGS) has announced the grand opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary (https://cnw.fm/qOyRW). The company started recording sales from the dispensary this month. Last month, NUGS took full operational control of the downtown Los Angeles MDRN Tree cannabis product dispensary, the company’s first in-house, end-market,…

WednesdayDec 01, 2021 4:20 am

420 with CNW — GOP Congresswoman Reveals She Used Cannabis to Manage Depression After Being Raped

Last week, Rep. Nancy Mace, who introduced a measure to federally legalize cannabis, revealed that she had used the herb in her youth as a substitute for her depression medication after she was raped. The Republican Congresswoman revealed in an interview on Fox Business that she was raped when she was 16, explaining that the prescribed medications to deal with depression which she’d been given only made her feel worse, which is why she turned to marijuana for help. Mace asserted that she understood the need to offer access to vulnerable communities, such as military veterans who suffer from various…

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