NewsRoom Articles - Page 287 of 591

FridayJan 08, 2021 4:20 pm

420 with CNW — Illinois Data Shows State Made $1 Billion Last Year in Legal Cannabis Sales

New data reveals that the state of Illinois has attained a cannabis milestone after raking in more than $1 billion in legal marijuana sales last year. This comes a year after regulated recreational marijuana sales began in the state on Jan. 1, 2020. Despite the coronavirus pandemic, the state recorded a significant growth in cannabis purchases last year. State officials report that over the course of 2020, total sales from both recreational and medical cannabis purchases reached roughly $1,000,308,800. These figures do not include data from medical marijuana sales made in December. Data shows that adult-use cannabis purchases in December…

FridayJan 08, 2021 4:20 am

420 with CNW — Illinois Announces 500,000 Marijuana Pardons, Expungements

Almost a year after Illinois launched its legal cannabis market, Gov. JB Pritzker announced that the state had pardoned and expunged the records of more than 500,000 people with cannabis-related offenses. This comes shortly after he pardoned more than 11,000 people with marijuana-related crimes. Making the announcement on the last day of the year, Pritzker said that clearing these records is part of an ongoing effort to correct the damage done by the decades-long war on drugs. The war on drugs, which has been termed a failed policy, was particularly hard on communities of color. According to Illinois Lt. Gov.…

ThursdayJan 07, 2021 4:20 pm

420 with CNW — Michigan Governor Approves Bill That Allows Veterinarians to Discuss Marijuana, CBD Treatments for Pets

Michigan Gov. Gretchen Whitmer approved a bill that would permit veterinarians to consult with individuals who owned pets about the therapeutic use of cannabis and products derived from hemp, such as cannabidiol or THC. The legislation, which was introduced in 2020 by Rep. Gregory Markkanen, was signed by Michigan’s governor on Tuesday last week. The legislation had passed both chambers of the state’s legislature by December 2020. While products that contain THC or CBD oil that target pet owners and can be used to reduce a pet’s pain can be accessed by consumers, veterinarians in Michigan operated within a gray…

ThursdayJan 07, 2021 1:10 pm

CannAssist International Corp. (CNSC) Flagship Brand Approved, Included by Powerful Online Platform

Acceptance of Xceptol products on RangeMe website new revenue source, increasing SKUs and access to retailers RangeMe enables retail buyers to discover innovative, emerging products; empowers suppliers to manage, grow their brands CannAssist developed Xceptol brand to offer effective health and wellness solutions without side effects CannAssist International (OTCQB: CNSC) has announced that its flagship brand — Xceptol — has been approved and included by the distribution website RangeMe (https://www.cnw.fm/vRWf4). Xceptol's inclusion on the website means increasing SKUs, access to more than 10,000 retailers, and a significant new revenue source for CNSC. "This is exciting news for us on many fronts,"…

ThursdayJan 07, 2021 4:20 am

420 with CNW — New Mexico Judge Rules That Hospitalized Inmates Can Use Medical Marijuana

Medical cannabis patients will be glad to know that they are, by law, allowed access to medicinal marijuana even if incarcerated. In what could be a precedent-setting case, a district judge in Albuquerque, New Mexico, ruled that the Metropolitan Detention Center in Bernalillo County must allow inmates with qualifying conditions access to medicinal marijuana. The ruling has been lauded by advocates for the trickle-down effects it could have for jails and prisons. Back in 2019, Joe Montano, an Albuquerque resident, was convicted on a charge of drunken driving and sentenced to 90 days’ house arrest. Having successfully undergone a mental…

WednesdayJan 06, 2021 4:20 pm

420 with CNW — Children with Severe Illnesses May No Longer Access Prescription Medical Cannabis After Brexit

The Brexit transition period ended on Jan. 1, 2021, and with it, British children accessing prescriptions for medical marijuana also ended. In December 2020, the UK Department of Health and Social Care sent a letter to patient groups, clinics and stakeholders stating that once the transition period was over, prescriptions issued in the United Kingdom would not be honored by member states of the European Union. This means that children who are severely epileptic and rely on medical marijuana will not be able to access the treatment they require, seeing as the medical cannabis supply chain is based in the…

WednesdayJan 06, 2021 2:03 pm

Pure Extracts Technologies (CSE: PULL) Draws Out Expansion Plans in Anticipation of Regulatory Changes Within Mushroom Sector

Pure Extracts Technologies Corp. has announced plans to expand, build fourth unit in dedicated towards research, development of psilocybin Announcement on its expansion plans come shortly after the Company revealed it plans to apply to Health Canada for a Dealer’s License Award of Dealer’s License would allow Pure Extracts to cultivate, harvest and procure controlled substances and carry out research into psychedelic compounds such as psilocybin and psilocin – paving way towards future commercialization of its product The Dealer’s License application has taken on increased relevance following Health Canada’s decision to revise existing regulations to permit certain authorized uses of…

WednesdayJan 06, 2021 12:58 pm

CannAssist International Corp.’s (CNSC) Proprietary CiBiDinol Technology Promises to Outperform Conventional CBD Oil for Superior Pain-Relief

Market for CBD-based pain relief products is growing rapidly, projected to reach $20 billion by 2024 CNSC is a biotech company that produces fast-acting CBD products under the Xceptol brand Xceptol products are formulated with exclusive technology that increases absorbability, bioavailability, shelf life Third-party testing on Xceptol suggests 400% increase in skin penetration, 300% increase in gut absorption when compared to regular oil-based CBD CannAssist International (OTCQB: CNSC), owner of Xceptor Labs, is a biotechnological pharmaceutical and wellness company marketing the Xceptol consumer brand - a line of cannabidiol (“CBD”) products that promises increased absorption, bioavailability and longer shelf life.…

WednesdayJan 06, 2021 4:20 am

420 with CNW — 2021 Predictions for the Marijuana Industry

While the world crumbled under the weight of a worldwide pandemic and the worst economic crisis seen in more than a century, the cannabis industry escaped relatively unscathed. The sector broke sales records month over month, and by the end of the year, five additional states had approved cannabis legalization legislation while the House of Representatives had passed a bill to federally decriminalize cannabis. The year 2020 proved that cannabis could be quite resilient, especially in the face of a historic recession, and that a majority of Americans support cannabis legalization. In 2021, we can expect additional federal medical cannabis…

TuesdayJan 05, 2021 4:20 pm

420 with CNW — Researchers Create Cannabis-Based, Anti-Aging Spray

Researchers have developed an anti-aging skin spray created from super-strength marijuana; the spray is said to be revolutionary. Researchers at Dolce Cann Global, an Australian marijuana company, have created various cannabis strains comprised of a mix of cannabinoids with significantly stronger anti-inflammatory properties as compared to normal CBD. Wellfully, a wellness company, has partnered with Dolce Cann Global to obtain the rights that would allow the companies to use these strains to produce products to fight arthritis, acne, aging and skin blemishes through established drug-delivery systems. By combining exclusive cannabis strains, beauty, technology and science, the objective of the partnership…