NewsRoom Articles - Page 277 of 591

ThursdayFeb 25, 2021 4:20 am

420 with CNW — Elon University Survey Finds North Carolina Residents Support Cannabis Legalization

Elon University conducted an online survey earlier this year, between Jan. 29 and Jan. 31, 2021. The university recently released the results of the statewide poll, which asked residents of North Carolina to share opinions on legalizing cannabis for various purposes. More than 1,450 individuals provided feedback through the survey, which asked individuals to share their opinions on legalizing cannabis for recreational and medical use. The survey also asked individuals to share their views on how they perceived cannabis and how its legalization would impact society. A similar poll on the views of North Carolina’s residents and the issues surrounding…

WednesdayFeb 24, 2021 4:20 pm

420 with CNW — Fewer Workers’ Comp Claims Filed by Older Adults in Jurisdictions with Legal Marijuana Markets

Over the past decade, the United States has seen a significant surge in cannabis drug reform. By the end of 2020, more than 40 states had legalized cannabis for either medical use or recreational use. Although the upsurge in cannabis legalization bills has resulted in a significant increase in tax revenue for these states and helped to reinvest in communities that were most affected by the war on drugs, not everyone is happy about legal cannabis. Employers, for instance, worry that cannabis use by their employees may hinder productivity, ultimately impacting companies’ bottom lines. However, new research unveiled by the…

WednesdayFeb 24, 2021 3:00 pm

Benzinga Cannabis Capital Conference: The Premier Cannabis Capital Conference Kicks Off Tomorrow

Premier gathering of cannabis entrepreneurs and investors in North America returns for an all-day virtual event on February 25-26, 2021 Learn, network, and participate in an interactive forum of live and on-demand presentations from top CEOs, investors, and leaders in the cannabis space Attendees include key executives, investors, traders, and shareholders from around the world that are interested or active in the cannabis sector Few industry sectors offer the explosive opportunity that cannabis does. The burgeoning industry is still in the early stages of growth and those that want to learn, capitalize, or participate can find no better venue than…

WednesdayFeb 24, 2021 4:20 am

420 with CNW — NFL Studies How Players Can Use CBD, Marijuana as Alternatives to Opioids

The NFL Players Association and the National Football League are learning more about the potential cannabis and its components, such as CBD, possess as alternative treatments for pain. This is in addition to finding out how the use of marijuana affects athletic performance. Last week, a notice was made public by the joint organizations’ committee. It states that the league’s objective is to find investigators who possess the ability to conduct studies whose goal will be to add to the Pain Management Committee’s knowledge about athletic performance and pain management in players of the NFL. Apart from focusing on the…

TuesdayFeb 23, 2021 4:20 pm

420 with CNW — An Overview of Cannabis Legislation Approved Last Week Across the US

The past week has been quite a busy time for cannabis reform. Lawmakers recently tabled a bill seeking to legalize cannabis at the federal level, while legislators from four states approved new marijuana legalization bills in various committees. In the wake of last year’s slew of cannabis reform victories at the state level, legislators have been keen on cannabis legalization, whether by leveraging the momentum of the state-level legislation or by getting ahead of campaigners to craft their own cannabis legislation rather than wait for policy change through the ballot. In Hawaii, the Senate Committee responsible for Intergovernmental, Public Safety…

TuesdayFeb 23, 2021 2:12 pm

Gage Cannabis Sets Sights on Becoming Michigan’s Top Cannabis Brand, Concludes Successful Equity Financing Offering

Gage Cannabis recently closed on Regulation A equity financing offering, raising gross proceeds of $50 million Issuance was oversubscribed, resulted in addition of over 1,000 new investors to Gage Cannabis’ shareholder base Gage Cannabis plans to use the proceeds to further expand Gage’s retail reach, pursue M&A opportunities and help solidify the company’s position as one of the leading operators in the state of Michigan Company also announced appointment of Richard Mavrinac to Board of Directors Gage Growth Corp. (d.b.a. Gage Cannabis) (“Gage Cannabis”), a leading vertically integrated cannabis operator currently focused exclusively on the Michigan market, recently announced that…

TuesdayFeb 23, 2021 4:20 am

420 with CNW — CBD Added to EU Database of Accepted Cosmetic Ingredients

Although cannabidiol (“CBD”) has enjoyed immense popularity in the past couple of years, the hemp extract is still barely regulated in most territories. In the United States, different states have different CBD regulations, and the situation isn’t any different in Europe. However, the European Union has moved a step closer towards standard legislation after CBD was added as a cosmetic ingredient in the EU’s database. The EU’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs added CBD to its CosIng guidelines as a cosmetic ingredient. This revision to the guidelines comes after the Court of Justice of the European Union…

MondayFeb 22, 2021 4:20 pm

420 with CNW — The Reddit Effect Takes Marijuana Stocks to a New High

Marijuana stocks are the latest stocks to experience the brief high driven by exposure on Reddit. This year, social media has demonstrated that it can be a powerful driver of retail, which has left analysts and investors wondering which company may be the next GameStop (NYSE: GME) According to data provided by Quiver Quantitative, three of the five most-discussed companies on the r/WallStreetBets group on Reddit last week were marijuana stocks, which would explain why the focus moved to marijuana stocks. According to Vanda Research, money followed shortly after, with retail investors pouring in ore than $440 million into marijuana…

MondayFeb 22, 2021 3:16 pm

Cannabis Entrepreneurs and Investors to Participate in the Benzinga Cannabis Capital Conference February 2021

Entrepreneurs and investors gather for Benzinga’s Cannabis Capital Conference on February 25-26, 2021 75+ speakers, featuring cannabis industry pioneers, innovators, and heavy weights Global attendees include leading executives, investors, traders, and shareholders interested in the cannabis sector Despite the surging COVID-19 pandemic, the cannabis industry has emerged as an extremely resilient market. Continued legalization of both medical and recreational marijuana in the U.S. and abroad is expected to propel the industry to new heights. Global markets are still developing, and the next five years should offer substantial expansion around the world. While there may well be further market gyrations, there’s…

MondayFeb 22, 2021 12:48 pm

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Advances Rapid COVID Test System, Expands Psychedelic Medicine Programs

Life sciences industry accelerator XPhyto Therapeutics Corp. has developed a timeline for the approval and rollout of a rapid, portable COVID-19 test it expects to become available by April in Europe XPhyto’s Covid-ID Lab system is designed to help industries economically devastated by the pandemic to form strategies based on quick and accurate testing, particularly the travel industry The company intends to use its test tech partnership with Germany’s 3a-diagnostics GmbH to build additional bacteriological and viral testing products A separate subsidiary based in Alberta is developing psychedelic medicine programs The subsidiary recently announced it has added mescaline production to…

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