NewsRoom Articles - Page 271 of 620

ThursdayJul 22, 2021 4:20 pm

420 with CNW — Senator Files Bill to Protect Licensed Marijuana Extractors from Eviction

Although the past decade has seen America's state legal cannabis industry experience major growth, federal law has consistently held the sector back. Cannabis is classified as a Schedule I controlled substance, and this classification has been a constant barrier for both businesses in the cannabis space and the clients they serve. Fortunately, an increasing number of lawmakers have noticed the plight of the cannabis sector, which has provided states with millions of dollars in tax revenue, and they have been working to give the space more protections. After an affordable housing bill failed to advance in Congress last month, Senator…

ThursdayJul 22, 2021 10:00 am

Hero Technologies Inc. (HENC) in Position to Contribute to $92B Economic Boost Projected to Come from Cannabis Sector

A recent analysis reports that the cannabis sector is projected to add approximately $92 billion to the general U.S. economy this year From jobs to tax revenue to commercial real estate, the marijuana industry has a growing impact on broader U.S. economy Hero Technologies is planning expansion in cultivation and dispensary operations Companies operating in the cannabis space in the United States sometimes have to deal with negative stereotypes and news, but this week, cannabis headlines focused on the positive. A recent MJBizFactbook analysis reports that the cannabis sector is projected to add approximately $92 billion to the general U.S.…

ThursdayJul 22, 2021 4:20 am

420 with CNW — Study Finds Cannabis Terpenes Relieve Pain, Play Role in “Entourage Effect”

Cannabinoids are a range of compounds produced by plants in the cannabis family with THC, the main psychoactive component in marijuana, being the most abundant as well as the most well-known. Most of these compounds, including THC, have been found to have a variety of health benefits, with most of them producing minimal to zero psychoactive effects. For quite a while, there has been a theory about how cannabis, when consumed as a whole, is much more effective compared to when the cannabinoids are taken separately. Dubbed the “entourage effect,” this theory states that the sum of the cannabis plant,…

WednesdayJul 21, 2021 4:20 pm

420 with CNW — Emergency Hospital Visits Related to Opioids See Temporary Decline After Cannabis Is Legalized

Since 1999, nearly 841,000 people have died from a drug overdose, with synthetic opioids being responsible for 72.9% of these deaths. The opioid crisis has taken hundreds of thousands of lives over the past two decades, and with people becoming increasingly aware of the long-term consequences of using opioids, there has been increased interest in alternative pain relievers. Cannabis is one such alternative, and as more than 30 states have legalized it for either medical or recreational use, more people have been abandoning opioids and turning to the controversial plant for pain relief. There were, and still are, many objections…

WednesdayJul 21, 2021 9:00 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Looks to Leverage Position in Growing Infused-Cannabis Space

New numbers project that cannabis beverage market will reach $2.8 billion by 2025 Increasing demand for the health and wellness drinks is contributing to market growth BevCanna’s scalable, flexible manufacturing process provides white label solutions for third-party companies A new report that forecasts the cannabis beverage market will grow at 17.85% CAGR by 2025 has companies such as BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) anticipating increased numbers as well (https://cnw.fm/O7FOa). A leader in the space, BevCanna is looking to leverage its position in the growing market as a white label manufacturer of infused-cannabis beverage brands. According to a…

WednesdayJul 21, 2021 4:20 am

CBD Tincture vs. CBD Oil: How Do They Differ?

Unless you have been living under a rock for the past couple of years, you have most likely heard of CBD (cannabidiol), even in passing. It is one of more than 100 cannabinoids produced by plants in the cannabis family, and preliminary research coupled with anecdotal evidence claims that it has plenty of potential medical benefits without making users feel “high.” As such, a growing number of people have turned to hemp-derived CBD to alleviate a wide variety of health issues, with CBD oils and tinctures being among the most popular forms of consumption. While both products are similar in…

TuesdayJul 20, 2021 4:20 pm

420 with CNW — Congressional Legislators Advance Spending Bills Containing Protections for Universities, Medical Cannabis Programs

The cannabis industry has been in a tense state of anticipation since President Joseph Biden came into office. Although Biden has made it clear he supports medical cannabis and giving states the ability to do what they want, he doesn't support federally legalizing recreational cannabis. Conversely, Senate Majority Leader Chuck Schumer has said he is currently working on cannabis legislation that he says he will advance with or without the president's approval; however, reform advocates and industry stakeholders would like to see that legislation come sooner rather than later. As such, cannabis reform proponents and industry stakeholders will be happy…

TuesdayJul 20, 2021 9:30 am

Golden Triangle Ventures Inc. (GTVH) Exec Releases Update on Entertainment Division

GTVH has new office space to develop, manage, market all company ventures Lavish Entertainment’s goal is to “throw the most epic raves in the world” Founder notes spinoff of two companies slated to happen after GTVH completes audited financials Golden Triangle Ventures (OTC: GTVH) has announced key milestones reached by its entertainment division, which owns Lavish Entertainment Inc. and is doing business as EpicRaves. GTVH president Steffan Dalsgaard provided a summary of the division’s impressive progress in a mid-year letter to shareholders (https://cnw.fm/RVG5u). In the letter, Dalsgaard noted significant progress made by the company’s entertainment division, including moving into new…

TuesdayJul 20, 2021 9:00 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Leverages Genetic Technology to Produce First-In-Class Medical Grade Cannabis

Science continues to substantiate use of cannabis for pain relief, epileptic seizure control Research suggests strains with optimized cannabinoid profiles are more effective PACR produces premium top-quality strains cultivated using genetics-first approach to optimize cannabinoid profiles Genetic cultivation techniques allow selection for specific growing environments, maximum yields With a growing list of use cases spanning pain relief to seizure control, the medicinal use of cannabis goes back thousands of years (https://cnw.fm/GvpWP). Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canadian cannabis company, leverages a genetics-focused approach to producing premium-quality strains with optimum cannabinoid profiles that are prized among…

TuesdayJul 20, 2021 4:20 am

420 with CNW – National Hemp Month: What You Need to Know About This Celebration

After decades of prohibition, the 2018 Farm Bill legalized the cultivation and sale of industrial hemp and its derivatives. Less than five years later, hemp has become a booming industry: hemp lends itself to a wide variety of industries, from health and wellness and nutrition to textiles and construction. The global hemp industry is growing rapidly, with experts expecting it to be worth $36 billion by 2026. But unbeknown to many, despite all the mainstream attention hemp has been getting, July is National Hemp Month, with July 17–23 being Hemp History Week. National Hemp Month was initiated by cannabis firm…

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