NewsRoom Articles - Page 286 of 603

ThursdayMar 11, 2021 4:20 am

420 with CNW — Federal Data Indicates Decline in Banks Working with Marijuana Firms Is Ending

Cannabis businesses have had a complicated relationship with banking institutions for quite a while. Although most states allow cannabis in some form, federal law still classifies the plant as a controlled substance, and this difference in legislation has made financial dealings difficult for the cannabis businesses. Most of them have trouble finding financial institutions that are willing to transact with them, let alone offer them loan and financing services. However, federal data shows that this trend may be coming to an end. For a couple of reasons, the number of banks and credit unions working with cannabis institutions consistently declined…

WednesdayMar 10, 2021 4:20 pm

420 with CNW — Want to Boost Weight Loss Results? Try CBD and Intermittent Fasting Combo

If you’re trying to find a way to lose weight, then you’ve probably heard about dieting and intermittent fasting. Today, we look at intermittent fasting and how CBD can help you achieve more positive results. Intermittent fasting is a popular way to stay in shape. The program is straightforward and accessible, which makes it even easier to implement. Individuals on an intermittent fast are typically required to spend nearly 16 hours or more without eating. The program, which has a detailed eating and fasting schedule, should be followed strictly. The healthier the food an individual consumes during the period designated…

WednesdayMar 10, 2021 4:20 am

420 with CNW — Pharmacies in Portugal to Begin Selling Medical Marijuana in April

Medical marijuana in Portugal may soon be accessible through pharmacies from April. The country legalized the use of medical cannabis in 2018 and established a regulated medical marijuana industry. Portugal had earlier decriminalized the possession and use of illegal drugs such as marijuana in 2001, through Law 30/2000. The purpose of this was to limit drug problems. Costa Rica and Colombia also have similar policies. The policy has established a certain number of grams that an individual would roughly consume in a period of 10 days. If an individual is caught in possession of an illegal drug whose quantity is…

TuesdayMar 09, 2021 4:20 pm

420 with CNW — Michigan Dispatches $10M Off Marijuana Taxes to Disadvantaged Communities

Although most opponents of cannabis legalization posited that allowing access to cannabis would boost drug abuse and crime rates among the youth, proponents focused on all the good a lucrative cannabis market could do. Aside from expunging the records of those with prior nonviolent, cannabis-related convictions, a cannabis market would provide plenty of tax revenue for states to carry out social justice initiatives, which is what Michigan is doing. Thanks to the Michigan Regulation and Taxation of Marijuana Act, more than 100 communities in the state will receive close to $10 million from the Michigan Department of Treasury. A news…

TuesdayMar 09, 2021 4:20 am

420 with CNW — Legislators in Mexico to Vote on Cannabis Legalization Bill This Week

A vote to legalize cannabis in Mexico is scheduled for this week in the Chamber of Deputies; the vote comes months after the Senate approved the measure. Despite this move, however, legislators state that there’s still no formal revised legislation. The Political Coordination Board, which was set up by party leaders to agree on various legislative matters, scheduled the proposed bill for floor action on March 9. Martha Tagle Martinez, a member of the chamber’s health committee, stated that there was still no draft opinion, adding that any legislation would have to pass through the Health and Justice Committee where…

MondayMar 08, 2021 4:20 pm

420 with CNW — Five Must-Know Things About CBD Shatter and Wax

Congress passed the Farm Bill in 2018, effectively legalizing the cultivation and sale of industrial hemp and its extracts after decades of prohibition. With farmers across the country taking part in pilot programs, a market for CBD quickly developed. The hemp extract is said to have a wide variety of health benefits, and preliminary reports coupled with anecdotal evidence have been encouraging. Shatter and wax are without a doubt the most potent and quickest-acting means of consuming CBD. Shatter is an amber, translucent solid that is brittle to the touch while CBD wax looks just like wax and has a…

MondayMar 08, 2021 11:12 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) and Canada House Wellness Group (CSE: CHV) Partner, Bringing New Cannabis 2.0 to More Canadians

Canada House subsidiary Abba Medix to distribute Pure Extract line of full spectrum oil vape and edible products throughout its nationwide network Partnership widens Pure Extracts’ footprint in Canada’s growing Cannabis 2.0 market Global extraction product market expected to reach $28.5 billion in next six years New agreement strengthens Pure Extracts’ sales channels as it looks towards international expansion There’s plenty of media coverage about increasing legalization of cannabis for medical and adult recreational use driving a broad market expected to reach $73.6 billion by 2027 (https://cnw.fm/zWr9X), but not as much about the cannabis extraction market that is growing at nearly the…

MondayMar 08, 2021 4:20 am

420 with CNW — Biden’s AG Nominee Reaffirms His Willingness to Respect States’ Cannabis Laws

The U.S. attorney general nominated by President Joe Biden stated in a written statement that the Department of Justice wouldn’t be using its resources to prosecute individuals who were in compliance with state cannabis laws. Judge Merrick Garland explained that the government should focus on extensive criminal enterprises that do not comply with the state’s marijuana legalization laws rather than pursuing individuals who were complying with the local marijuana policies. When asked about by Ranking Member Chuck Grassley how he would handle the federal-state cannabis policy conflict, Garlande remarked that it would not be best to utilize the department’s limited…

FridayMar 05, 2021 4:20 pm

420 with CNW — Rhode Island Senate Passes Legislation Creating Safe Sites for Illicit Drug Users

Opioids initially gained popularity in the 1990s as doctors started prescribing prescription opioids to patients. Over the years, there has been a sharp increase in overdose-related deaths across the globe, from both prescribed and illicit drugs. To combat the growing opioid crisis, Australia, Canada, and some European countries established safe consumption sites (“SCS”) to help prevent overdose deaths and to provide substance-use disorder treatment to individuals. The United States, however, doesn’t have a single safe consumption site, despite losing over 750,000 people from 1999–2018 to drug overdoses. However, the country may see its first-ever SCS if either of two bills…

FridayMar 05, 2021 4:20 am

420 with CNW — Washington State Supreme Court Repeals Law Criminalizing Drug Possession

The Washington State Supreme Court recently nullified the state’s criminal penalties against drug possession, terming them unconstitutional. This was followed by some prosecutors and police departments in the state announcing that they’d no longer pursue cases of possession or arrest individuals over the possession of small amounts of drugs. The Seattle Police Department issued a public statement that stated that simple drug possession was no longer deemed to be an arrestable offense, adding that effective immediately, officers in the department would not be arresting persons for merely being in possession of drugs. The Supreme Court ruling only applies to the…

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