NewsRoom Articles - Page 260 of 591

ThursdayMay 13, 2021 4:20 am

420 with CNW — Minnesota House Likely to Vote on Marijuana Legalization Bill This Week

Minnesota, home to one of the strictest medical cannabis programs in the country, is one step closer to an adult-use market. For the first time ever, a bill that would legalize recreational cannabis and expunge minor cannabis convictions has advanced far into the legislature and is expected to receive a full floor vote in the Minnesota House during its final hearing this week. The bill, which was authored by Democratic House Leader Ryan Winkler of Golden Valley, has been through a dozen hearings so far and is especially focused on criminal justice. To help develop the landmark legislation and drum…

WednesdayMay 12, 2021 4:20 pm

420 with CNW — US Conservative States Warm Up to Medical Marijuana

A wave of cannabis reform is sweeping across America, and the country's most conservative states are taking notice. At the moment, more than 30 states allow medical cannabis use for patients with qualifying conditions, and there are several more medical cannabis bills in state legislatures. Studies have found the controversial plant to be capable of treating conditions such as anxiety, chronic pain and epilepsy, and a majority of Americans are behind medical cannabis use. Conservative states have been slow to adopt cannabis reform, with most of them outlawing recreational cannabis and launching some of the strictest medical cannabis programs in…

WednesdayMay 12, 2021 10:32 am

Sonoma Biologics Corp., Where Science Meets Lifestyle in a Unique Organic Product Line

Founded by two career biotech veterans who had perfected grape cultivation and were ready to further diversify their organic farm The climate in Sonoma County is ideal for grapes and also for cannabis Produces premium quality cannabis at a fraction of the cost of its competitors Sonoma Biologics, an ultra-premium cannabis grower located in California wine country, was founded by Paul Caracciolo and his wife, Margaret, both out of the biotech industry. They founded Mill Station Vineyards in Sonoma, planning to perfect their winemaking craft, and establish an organic farm, according to an article in USA Today (https://cnw.fm/0tJAA). With 8.5 acres…

WednesdayMay 12, 2021 4:20 am

420 with CNW — Colorado Governor Enacts Bill Allowing Students Access to Medical Cannabis

Last week, Colorado Governor Jared Polis signed a bill to expand access to medical cannabis for students in schools. The state’s current law allows principals the discretion to establish policies that prevent or allow schools to administer and store marijuana-based medicines. Under the new legislation, this discretion is eliminated, which means that school boards will establish policies on how to store marijuana medicines while also allowing their personnel to volunteer to administer it to students who need it as well as possess it. The governor’s office stated that Polis is also planning to sign another legislation that was recently advanced…

TuesdayMay 11, 2021 4:20 pm

420 with CNW — Limited Medical Cannabis Compromise Bill Sent to Tennessee Governor’s Desk

The state of Tennessee is one step closer to legalizing medical cannabis after the legislature sent a limited medical cannabis bill to the governor's desk. The legislation would expand Tennessee's limited medical cannabis industry and create a commission tasked with analyzing broader medical cannabis reform. Although the bill is a compromise between cannabis reform advocates and those against cannabis reform, the advocates aren't happy that a more comprehensive medical marijuana bill failed to pass. The limited compromise bill would expand the list of qualifying conditions from only intractable epilepsy to include cancer, ALS, Alzheimer's disease, sickle cell disease, inflammatory bowel…

TuesdayMay 11, 2021 1:14 pm

Business Booming in April: Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Lands Tolling Agreement to Extract CBD from 500 Kg Hemp Biomass

CBD-infused products market is expected to grow 48.1% annually to reach $165.7 billion by 2027 Pure Extracts Technologies’ subsidiary recently began production of goods expected to generate approximately $950,000 in revenue New tolling agreement is for extraction of 80-85% pure CBD distillate from an initial 500 kilograms (~1,102 pounds) of hemp biomass Any industry forecast for double-digit growth is one worth keeping an eye on. When experts are calling for mid-double-digit annual market growth, like that of CBD-infused products, it’s worth a head turn and a stare. Meticulous Research this month forecast this market to experience compound annual growth of…

TuesdayMay 11, 2021 4:20 am

420 with CNW — Three Exciting Innovations in Marijuana Extraction

The cannabis industry has made many strides since California made history by legalizing medical marijuana back in 1996. State-legal cannabis is now an industry that is worth billions of dollars, with marijuana businesses selling everything from cannabis flower and edibles to potent extracts. Advances in technology have been especially beneficial for the sector, boosting cannabis extract sales and making them the most popular product among cannabis consumers. The cannabis extraction sector also happens to be one of the most innovative spaces, with manufacturers constantly coming up with new and evolved equipment and techniques to process raw cannabis. The following are…

MondayMay 10, 2021 4:20 pm

420 with CNW — Maryland Court Declares Cannabis Smell Insufficient as Justification for Police Stops, Searches

An appeals court in Maryland has ruled that law enforcement officers aren’t allowed to stop individuals based on the smell of cannabis alone. The decision, which was announced last week, stated that the smell of cannabis didn't give officers egal justification to stop and examine someone. It noted that officers needed “reasonable suspicion” that there was a crime being carried out before they could detain an individual. The court ruled that cannabis smell would no longer be used as a basis to stop or detain someone because cannabis in small amounts has been decriminalized in the state. University of Baltimore…

MondayMay 10, 2021 2:48 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Set to Enter California Market Through Acquisition of Lords of Grasstown Holdings

Pac Roots Cannabis completed acquisition of Lords of Grasstown Holdings on February 19, 2021 Acquisition will provide Pac Roots with foothold in lucrative Californian cannabis market, broaden its product portfolio Californian cannabis market generated total sales of $4.4 billion in 2020, more than double C$2.6bn value of the entire Canadian market last year On February 19, 2021, Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) announced the closing of a share purchase agreement with the shareholders of Lords of Grasstown Holdings Ltd., a well-established cannabis motorcycle lifestyle brand with a tremendous following within the motorcycle and legal cannabis communities (https://cnw.fm/e2y22).…

MondayMay 10, 2021 9:06 am

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Completes Majority Acquisition of Plant-Based CBD Skincare Brand

GLDFF closes on majority ownership of Fifth & Root Inc. The acquisition of these distribution channels “greatly increases the company’s visibility and reach,” says CEO Fifth & Root brand are ideal match for Golden Leaf and its commitment to produce variety of products for new users as well as seasoned customers In another move designed to advance its Crawl, Walk, Run strategy, Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) has announced the closing of its previously announced majority ownership purchase of Fifth & Root Inc., a nationally recognized CBD skincare brand based in California (https://cnw.fm/Z7RWG). Golden Leaf is a premier,…

News and publishing service for cannabis related companies

Contact us: 512.354.7000