NewsRoom Articles - Page 226 of 596

MondayOct 18, 2021 1:37 pm

Hero Technologies Inc. (HENC), Blackbox Subsidiary Obtain Key Approvals, Move Forward with Michigan Expansion Plans

License prequalification should give HENC shareholders great confidence in strategic Michigan business plan Hero Technologies, Blackbox now beginning the last step in process of obtaining licensing approval Once full funding has been reached, BlackBox anticipates being shovel ready within two months In its ongoing commitment to position itself as a multistate operator in the cannabis sector, Hero Technologies (OTC: HENC) is focused on becoming fully licensed in Michigan. As part of that process, the company recently announced that Blackbox Systems and Technologies LLC, a HENC subsidiary, has fulfilled the requirements for step 1 prequalification approval for a Class C Medicinal…

MondayOct 18, 2021 4:20 am

420 with CNW — Former Attorney General Says US on the Path to Federally Decriminalizing Cannabis

Recently, Eric Holder spoke on a drug policy panel stating that the United States was on the path to decriminalizing cannabis federally as more states advance reform measures. Holder, the former U.S. attorney general who served under the President Barak Obama administration, stated that he was encouraged that the country was moving toward more tolerant laws on drugs that saw addiction as a public health issue. Holder explained that the drug war had cost lots of taxpayer dollars and shattered livelihoods, noting that the society had begun to move in a different direction. Holder added that he was conflicted by…

FridayOct 15, 2021 4:25 pm

420 with CNW — Financial Regulator Says Enacting Federal Cannabis Banking Laws Is Urgent

Cannabis is one of the most interesting industries in the country. Seen as one of the nation’s fastest-growing sectors, the cannabis space has been extremely lucrative, generating billions of dollars in sales revenue and creating hundreds of thousands of new job opportunities in just a few short years. However, beneath this veneer of success is a young industry that is buckling under a ton of issues, including the lack of access to financial and credit services. Despite being allowed in more than two dozen states for medical and recreational use, cannabis is still illegal at the federal level, a situation…

FridayOct 15, 2021 4:20 am

420 with CNW — Best Practices When Labeling Marijuana-Infused Products

With marijuana’s popularity growing by the day, plenty of companies have thrown their hats into the cannabis space for a taste of that sweet cannabis profit. But thanks to the industry’s complex regulatory landscape, some of them have adopted unscrupulous marketing, advertising and labeling practices, leading to several warnings from federal authorities. For any cannabis business that would like to build a recognizable brand while staying out of the authorities’ radar, complying with the established rules is crucial. This is especially true when it comes to labeling marijuana-infused products, which still have a murky regulatory landscape and require careful execution.…

ThursdayOct 14, 2021 4:20 pm

420 with CNW — Differences Between Indoor-Grown, Outdoor-Grown Cannabis

Telling the difference between marijuana grown indoors and outdoors can be a bit hard, unless you’re a marijuana connoisseur. There are pros and cons attached to these two growing methods, which means that learning about their differences could be beneficial, whether you simply want to get better at identifying marijuana you purchase or would prefer to grow your own. Below, we look at the differences between indoor-grown and outdoor-grown marijuana: Most cultivators prefer growing their cannabis indoors because it provides more control over factors such as water, temperature and light, among other aspects involved in cannabis cultivation. Growing marijuana outdoors…

ThursdayOct 14, 2021 4:20 am

420 with CNW — Researcher Finds Alternative Use for CBD By-Product

Similar to the cannabis industry, the CBD industry is growing at a rapid rate, with forecasts showing that in less than a decade, the market will have a value in the billions. CBD, or cannabidiol in full, is produced by extracting oils from hemp. It has different uses and is becoming popular as an alternative treatment to various health challenges. Researchers from Virginia Tech may have found a new use for these nonpsychoactive hemp oils: making plywood stronger. College of Natural Resources and Environment undergraduate Emilie Kohler studied the possibility of using a by-product of the CBD extraction process as…

WednesdayOct 13, 2021 4:20 pm

420 with CNW — Study Shows Lung Injuries Linked to Tainted Vapes Were Low in Legalized Cannabis Markets

In late 2019, the United States was rocked by an outbreak of severe lung illness that took 68 lives and left an estimated3,000 individuals with ill health. Authorities soon found out that the cause of this lung disease breakout was illegal black market cannabis vaping products containing vitamin E acetate, a synthetic form of vitamin E that was used as a thickening agent. Dubbed e-cigarette and vaping-associated lung injury (“EVALI”), the outbreak led to the pull-out of several cannabis products with artificial thickening agents such as vitamin E acetate. In addition, regulators are thinking of banning the use of such…

WednesdayOct 13, 2021 3:02 pm

The USA CBD Expo Will Be Back in Chicago In October, With More Than 50 Speakers and Hundreds of Brands Under One Roof

On October 28-30, 2021, Chicago's McCormick Place will host the next USA CDB Expo. The nation's largest CBD event series will continue with a three-day event in the Midwest that will provide industry enthusiasts with the opportunity to hear from more than 50 expert speakers, visit with hundreds of vendors, and network with thousands of their peers, following a successful return to an in-person format during its Atlanta-based conference in June. The October USA CBD Expo, which will be headlined by presenting sponsor 3Chi, the nation's largest CBN and Delta-8 distributor, will be an early celebration of sorts, as the…

WednesdayOct 13, 2021 4:20 am

420 with CNW — Safeguards Marijuana Extractors Should Consider for Facilities

Processors usually use different methods to extract marijuana. While there is a lot that goes into this, safety should be a top priority at all times. Natvana’s CEO Casey Flippo states that extraction laboratories should implement the applicable safety standards for the method of extraction they use. The most common methods of extraction include: Rosin, which is regarded as the safest method of extraction. However, individuals should be careful as burns are possible Ethanol is another extraction method that can create a flash point if too much vapor leaks into the air. The method is also highly flammable Carbon dioxide…

TuesdayOct 12, 2021 4:20 pm

420 with CNW — Mainstream Companies Want In on Growing CBD Sector

When the 2018 farm bill legalized the cultivation and sale of industrial hemp and its derivatives, it opened the floodgates on an extremely lucrative market. With less than five years of legal sales under its belt, the hemp-derived cannabidiol (“CBD”) sector has seen hundreds of millions of dollars’ worth of product sales. Extracted from hemp, CBD is said to be chock full of potent and versatile medicinal properties and consumers have been purchasing CBD products in droves to reportedly help alleviate issues such as anxiety, chronic pain, and insomnia, among others. According to a Grand View Research report, the CBD…