NewsRoom Articles - Page 271 of 618

ThursdayJul 15, 2021 4:20 am

420 with CNW — Federal Economic Committee Recommends Marijuana Reclassification as Industry Continues to Grow

Last week, the White House Office of Management and Budget published a proposal in the federal register in which it provided policy recommendations for next year’s North American Industry Classification System (“NAICS”), which is utilized in the compilation of data on markets across Canada, Mexico and the United States, as well as in the classification of businesses. In a series of recommendations, the federal economic committee stated that the cannabis industry would keep growing, noting that steps needed to be taken to make certain that the growth was tracked under a system that would allow analysts to publish statistical data…

WednesdayJul 14, 2021 4:20 pm

420 with CNW — White House Asks for Comments on How Underserved Communities Face Barriers Due to Drug Policies

Despite starting with relatively noble intentions, the drug war is considered an unmitigated failure by many. Not only did it fail to sufficiently curb drug use or suppress the criminal enterprises behind the drug trade, but it also ensured that certain communities were intensely policed and harshly sentenced for decades. Now that America's state-legal cannabis sector is steadily growing, some policies from the drug war era that have endured may be creating “systemic barriers” for these communities. As such, the White House, via its drug policy arm, has opened a 30-day comment period in a bid to see whether existing…

WednesdayJul 14, 2021 9:07 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Positioned to Profit From Shifting Consumer Preferences For Legal Market, High-Quality Strains, Brand Recognition

Market for legal cannabis continues to mature, British Columbia government to allow cannabis home delivery starting July 15, 2021 PACR produces premium top-quality strains cultivated using genetics-first approach, catalog features 350 tested cultivars and 50 super-elite strains prized for unique cannabinoid profiles PACR leverages branding power through recent acquisition of legendary Lords of Grasstown brand inspired by Pacific Northwest motorcycle culture As the market for cannabis continues to shift towards legal avenues for product procurement, Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canada-based cannabis company, continues to position itself for an increased market share through a…

WednesdayJul 14, 2021 4:20 am

420 with CNW — Four Cannabis Products Whose Popularity Grows Daily

As more states across the country legalize and decriminalize marijuana for medical and recreational use, the burgeoning industry continues to grow. This, as well as the different ways CBD and THC, which are compounds of marijuana, can be consumed, has made it possible for the manufacture of marijuana products that cater to different consumer needs. Below are a few of the marijuana products that are gaining popularity as the fight to end the plant’s federal prohibition continues. Gummies For consumers who are fans of sweet stuff, CBD gummies may be the perfect option. While it may be challenging to accurately…

TuesdayJul 13, 2021 4:20 pm

420 with CNW — An Overview of CBD Patches Used for Pain

Cannabidiol, a nonpsychoactive cannabinoid produced by hemp and cannabis, has been receiving plenty of mainstream attention lately because of its supposed medicinal properties. Anecdotal claims as well as preliminary studies say that it can treat everything from anxiety and insomnia to chronic pain and epilepsy, but its ability to alleviate pain has taken center stage. Several studies, most of them on animals, have found that CBD can treat pain caused by numerous medical conditions. Cannabidiol itself can be consumed in a wide variety of ways, but when it comes to treating pain, CBD patches take the cake. These transdermal patches…

TuesdayJul 13, 2021 10:19 am

BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) TRACE Line of Products Addresses Declining Minerals in Food Supply

Soil depletion causing mineral loss in food supply BevCanna’s TRACE line of products address issue through proprietary plant-based formula rich in iron, magnesium, calcium, potassium Company recently signed distribution agreement to reach target markets in New York, Chicago, California BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, helps consumers address nutrient deficiencies with its TRACE line of beverages and supplements. Sourced from deep within British Columbia’s Rocky Mountains, TRACE products are high in fulvic and humic minerals, providing an easily absorbed source of minerals such as iron, magnesium, calcium, potassium…

TuesdayJul 13, 2021 4:20 am

420 with CNW — House Committee Backs Using Drones for Identifying Illicit Marijuana Grows

More than a decade after launching a state-legal cannabis industry, America's illicit cannabis market is still going strong. One of the objectives of legalizing marijuana was to draw clientele away from the black market and deprive the criminal organizations behind it of revenue from cannabis sales, but most states have failed to do major damage to illicit cannabis sales. To add insult to injury, a large percentage of illegal marijuana is grown on public land, and since cannabis is a water-intensive plant, these illegal grows tend to steal a lot of water as well. In a bid to curb the…

MondayJul 12, 2021 4:20 pm

420 with CNW — House Committee Witness Urges Legislators to Make Bipartisan Visits to Cannabis Businesses

The legalization of cannabis has become popular in America, with 18 states having legalized the recreational use of the herb and another 13 decriminalizing its use. However, while Congress is still in disagreement about the herb, a recent visit from an investigative reporter may help move things along. Amanda Ripley, the witness who graced a House Committee hearing, suggested visits to cannabis businesses by ideologically opposed legislators. Similar visits have happened in Canada, when MP Garnett Genius and Nathaniel Erskine-Smith visited a major producer of cannabis in 2017. This came right before the country legalized the herb for recreational use…

MondayJul 12, 2021 11:31 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Delists from CSE to Focus Efforts on Most Effective Drug Platform Outcomes

Lexaria Bioscience is a drug bioavailability platform developer intent on providing an effective oral administration alternative to smoking that duplicates the rapid assimilation benefits of inhalation without the lung-harmful effects The company’s DehydraTECH IP is being evaluated for concentration levels, tolerability and ability to transform partner drugs to oral solutions without incidentally creating new molecular entities Lexaria announced voluntary delisting from the Canadian Securities Exchange this month in order to focus its resources more effectively on its Nasdaq listing The company’s leadership recently interacted with investors in the Life Sciences Investor Forum virtual conference series and the company’s annual meeting…

MondayJul 12, 2021 4:20 am

420 with CNW — Cannabis Legalization Creates Boom for Veterans as Security Guards

America's state-legal cannabis industry has achieved quite a lot in a little over a decade. Generating billions of dollars in revenue, it has created hundreds of thousands of new job opportunities and provided states with millions in tax revenue. The industry is projected to grow even larger as it matures and more states join; one group of people who are poised to benefit from the cannabis legalization boom are military veterans. Cannabis' federal classification as a Schedule I regulated substance has prevented banks and credit card processors from working with businesses in the cannabis space. This has forced these companies…

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