NewsRoom Articles - Page 313 of 600

TuesdayOct 06, 2020 4:20 pm

420 with CNW – Washington State Keeps Tabs on Ongoing Marijuana Research as Officials Consider Reforms

Months into the coronavirus and amidst the biggest economic crisis the state has seen in a century, Washington State’s marijuana industry is going strong. Dispensaries saw a “pretty big spike” in sales in March that is still continuing into September, says David Morgan, co-owner of Lucky Leaf in downtown Spokane. With the legislature adjourned at the moment, a legislative committee that oversees the industry is considering a variety of industry reforms including increasing the amount of information on product labels, as well as keeping track of the growing number of studies supported by marijuana sales tax. During a recent work…

TuesdayOct 06, 2020 4:20 am

420 with CNW – How Marijuana Businesses are Attracting, Retaining Older Customers Amidst the Pandemic

Marijuana retailers are implementing extra measures to attract and keep senior customers during this pandemic. Dispensaries that are senior-friendly revealed that they attracted more consumers by: Building lasting relationships with elderly people and their communities Training their employees to be more patient and helpful with older shoppers Offering special benefits to seniors such as discounts and seniors’ hours Adjusting their approach, taking into consideration the coronavirus pandemic According to a report that was published in the Annals of Internal Medicine journal, marijuana use by Americans between ages 65-69 grew between 2016 and 2018, with women’s use increasing to 3.8% from…

MondayOct 05, 2020 4:20 pm

420 with CNW – New Jersey Legislators Allow Medical Marijuana to Be Prescribed Through Telehealth

Legislators in New Jersey have passed a law that allows care providers to prescribe medical marijuana using telehealth. The legislation, S619, which was approved last week by the Assembly allows healthcare providers to prescribe medical cannabis through linked health channels to specific patients who have a hard time acquiring in-person care. This includes persons who are house bound, in hospice care, the terminally ill, children who are residents of long-term care facilities or patients that are developmentally disabled. Other patients will require an in-person consultation before advancing to a telemedicine channel. State Assembly members who sponsored the bill, Joann Downey…

MondayOct 05, 2020 11:38 am

Sugarmade (SGMD) 8K Filing Notes Status, Potential of Upcoming LA-Based Cannabis-Delivery Locations

SGMD has filed updated Form 8K Current Report with SEC Filing includes information about issues related to company’s status, including planned expansion of BudCars cannabis-delivery service Sugarmade sees “major business opportunities out of both sites once operations begin” Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has released the publication of a Form 8K Current Report filing with the United States Securities and Exchange Commission (“SEC”) (https://cnw.fm/DbFD5). The filing includes specific information about several issues related to the company’s performance and outlook, including planned expansion of the BudCars cannabis delivery service. According to…

MondayOct 05, 2020 4:20 am

420 with CNW – Environmental Protection Groups Endorse Montana Cannabis Legalization Initiative

At the November ballot, Montanans will be voting on two separate marijuana measures; a statutory change that would create a system of legal cannabis access for adult-use as well as a separate constitutional amendment that would limit the market to those aged 21 and over. If they vote in favor of the statutory measure, possession of up to an ounce of cannabis would be legal. Additionally, residents would also be allowed to cultivate four plants and four seedlings at home. Submitted by New Approach Montana, both of the initiatives have been met with plenty of support, including from a coalition…

FridayOct 02, 2020 4:20 pm

420 with CNW – Recreational Marijuana Legalization in New Jersey Could Trigger Regional Domino Effect

A projection of sales shows the recreational cannabis industry in New Jersey reaching between $850 and $950 million annually by 2024. The state, which has a population of almost 9 million people, will be holding a vote for residents to legalize a recreational marijuana market come November. For many, this is a risk they are willing to invest in, with billions of dollars’ worth of business opportunities riding on the outcome of the vote. If New Jersey residents approve the marijuana market, many leaders expect a similar chain of events to occur inland and along the Eastern Seaboard, which will…

FridayOct 02, 2020 12:15 pm

Pure Extract Technologies Inc. Ideally Positioned to Become Leader in Rapidly Growing Mushroom Space

Research shows psilocybin produces immediate, substantial and sustained improvements in anxiety and depression Global medicinal mushroom market projected to increase by almost $14 billion annually for the next several years Pure Extracts is a plant-based extraction company with new vertical in the mushroom space Recent groundbreaking research indicates that psilocybin-assisted psychotherapy may be effective in treating depression, a debilitating disorder that plagues an estimated 300 million people in the United State. Psilocybin is the main psychoactive ingredient in “magic” mushrooms. With growing interest in the mushroom sector — both psychedelic and functional — companies such as Pure Extract Technologies could see exciting…

FridayOct 02, 2020 4:20 am

420 with CNW – Utah Officials Surprised by Enthusiasm for Medical Marijuana

Utah saw its first-ever sales of medical marijuana in March and six months later, the state’s budding medical marijuana industry is going stronger than anyone expected. Utah voters originally approved a ballot initiative legalizing medical marijuana back in November 2018. State lawmakers later replaced the measure with a law that more tightly controls the production, distribution, and use of the drug, Dubbed the Utah Medical Cannabis Act, the law went through multiple changes before the medical marijuana program was finally launched in March. “It’s been going well, as all new programs and people starting and really pushing to get up…

ThursdayOct 01, 2020 4:20 pm

420 with CNW – 500,000 Australians Could Soon Access Medical Marijuana

The past couple of years have seen cannabidiol (“CBD”) become firmly established within the mainstream consciousness. Filled with potent medicinal properties, the hemp extract has captured the attention of millions all over the world, and many have turned to CBD to help cure what ails them. However, the fact that it isn’t officially recognized as a medicine makes most doctors squeamish about prescribing CBD, forcing patients to find outside sources. Thanks to Melbourne-based medical cannabis company Montu, half a million chronically ill Australians could now be able to access medical marijuana without having to use backdoor channels. The firm has…

ThursdayOct 01, 2020 1:57 pm

Pac Roots Cannabis Corp. (CSE: PACR) Adds 250 Acres of Premium Fraser Valley Land to Portfolio

PACR bought nine parcels comprising 250 acres of land in Fraser Valley, British Columbia Share purchase agreement worth $1.5 million cash plus 3 million common shares PACR leverages genetic technology to produce high-yield cannabinoid-specific cultivars that thrive in B.C. climate Pac Roots Cannabis (CSE: PACR), an innovative genetics-based cannabis company based in Canada, has just added 250 acres of premium Fraser Valley land to its portfolio. One of the most intensively farmed areas in Canada, the Fraser Valley generates the most significant farm income of any region in British Columbia. Boasting high-quality soils, a favorable climate, accessible water, and close…

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