NewsRoom Articles - Page 276 of 604

ThursdayApr 29, 2021 4:20 am

420 with CNW — Congressional Bill Seeks to Allow Cannabis Users the Right to Own Firearms

A legislation that was recently introduced in Congress will exempt marijuana consumers in legalized states from a federal restriction that prohibits unlawful users of a controlled substance from owning a gun. The bill, which was filed last week by a pair of Republican co-sponsors along with Rep. Don Young, has been christened the Gun Rights and Marijuana Act. This exemption will only be applicable to those who don’t violate local marijuana laws but do live in tribal jurisdictions or states that allow the use of cannabis by adults. However, the federal restriction on firearm ownership for consumers of other drugs…

WednesdayApr 28, 2021 4:20 pm

420 with CNW — Supreme Court in Florida Shoots Down Cannabis Legalization Measure

Efforts to legalize recreational cannabis in Florida have hit what is most likely a dead end after the Florida Supreme Court ruled that the state’s most high-profile cannabis reform proposal was misleading. The constitutional ballot initiative, which was sponsored by Make it Legal Florida with the backing of Florida’s medical marijuana industry, would have tasked voters with deciding whether or not Florida should allow adults aged 21 years and older to possess up to two and a half ounces of cannabis. The Make it Legal Florida campaign had collected more than 556,000 signatures out of the 891,589 signatures the initiative…

WednesdayApr 28, 2021 11:36 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Retail Business to Bloom This Spring With Production of 50,000 Blister Packs

PULL starts production of roughly 50,000 blister pack gummies using Taste-T LLC’s successful proprietary manufacturing system Global CBD gummies market size estimated to grow at CAGR of 31.9% until 2025 PULL estimates $200,000 in revenue from initial batch, plans to produce three additional non-THC SKUs with varying levels of ultra-high potency CBD Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, recently announced it started production on roughly 50,000 Pure Chews edible gummy packs to be sold this Spring (https://cnw.fm/K57sl). The news came shortly…

WednesdayApr 28, 2021 4:20 am

420 with CNW — 3 Bills Seek to Give Cannabis Companies Access to Federal Aid

The state-legal cannabis industry has for years been operating at a disadvantage because of the categorization of cannabis as a controlled substance on the federal level. Although most states with legal cannabis markets deemed the controversial plant essential during the coronavirus pandemic, thus allowing companies in the cannabis space to continue their operations, federal law remains a major thorn in the side of cannabis businesses. Despite providing hundreds of thousands of job opportunities and contributing millions of dollars in much-needed tax revenue to state coffers, these companies remain locked out of federal aid that would have helped them weather the…

TuesdayApr 27, 2021 4:20 pm

420 with CNW — How Various Organizations, Brands Celebrated 4/20

Advocates of marijuana reform as well as enthusiasts celebrated 4/20 in various ways this past Tuesday in different states across the country. Musicians such as the Flaming Lips and Wiz Khalifa also took to their platforms to celebrate this marijuana enthusiasts’ day. For those who may not be familiar with this date, April 20 of each year is an unofficial cannabis holiday. During the 2020 November elections and even earlier this year, even more states legalized cannabis in the country, which brought the total to 16. Many speculate that leaders in Congress may soon introduce laws that end federal prohibition.…

TuesdayApr 27, 2021 12:27 pm

Sonoma County as a Major Cannabis Appellation

Sonoma Biologics is stepping up their efforts to build a global cannabis brand through a variety of disciplines and cost-efficiencies. Sonoma Biologics is a producer of high quality, low cost, organic-equivalent cannabis. As part of their standard operating measures, they use organic products for both fertilization and pest management. Sonoma Biologics produces product for flower, organic extracts for recreational and medicinal cannabis applications, ingestible, creams and lotions. Sonoma Biologics is committed to adhering to all the stringent guidelines of both the Appellation of Origin and the OCal programs, which are designed to set California cannabis apart from that of other…

TuesdayApr 27, 2021 9:29 am

Grapefruit USA Inc. (GPFT) Newest Member of Board of Directors Brings Rich Media, Digital Marketing Experience

Media, marketing veteran joins GPFT board of directors Sharon Boddie has been a pioneer in both traditional and online media, says company CEO Boddie brings more than two decades of broad experience leading Fortune 500 media campaigns Grapefruit USA (OTCQB: GPFT) has announced an addition to its board of directors. Effective immediately, Sharon Boddie will join the board, bringing her extensive background in global media and digital marketing roles to the board table (https://cnw.fm/6RxKN). “As head of media for Amazon Studios and Prime Video, Sharon has been a pioneer in both traditional and online media,” said Grapefruit CEO Bradley Yourist.…

TuesdayApr 27, 2021 4:20 am

420 with CNW — Tips for Getting a Cannabis Business Ready for GMP Certification

With the Democrats currently holding the Senate, House and White House, advocates have their hopes high that the federal government will legalize cannabis. If that were to happen, businesses in the cannabis space would have to deal with a myriad of regulations that legal businesses in other industries have been dealing with all along. For instance, if the federal government legalizes cannabis and allows national and global sales, companies in the space will have to adhere to Global Manufacturing Practices (“GMP”). GMP is a set of cleanliness and safety protocols that manufacturers of consumer packaged goods are required to follow.…

MondayApr 26, 2021 4:20 pm

420 with CNW — Is Regulating Cannabis by Potency a Good Move?

As more and more states legalize cannabis in the United States, a debate on whether to regulate cannabis by its potency also appears to be gaining steam. Generally, many states that have legal cannabis markets base their tax on weight or sales price. However, the state of New York signed a legislation in March, under which recreational cannabis will be taxed based off its THC amount. For those who may not be familiar with THC, this is the primary intoxicating chemical in marijuana. When the state of Illinois began recreational cannabis sales in 2020, it also enacted a potency-related tax.…

MondayApr 26, 2021 2:17 pm

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Is ‘One to Watch’

Red White & Bloom considers itself a super state operator (not a multi-state operator), as it goes in with a sizable footprint and dominates the areas in which it operates before expanding The company currently operates, has cannabis assets in, or is in the process of closing cannabis assets in Michigan, Illinois, Florida, California, Oklahoma and Massachusetts Red White & Bloom is always looking to acquire new brands that will help to expand its brand awareness and advance its mission The company has established a major presence in Michigan through its investee, which has a total of 18 dispensaries and…