NewsRoom Articles - Page 315 of 609

WednesdayNov 11, 2020 4:20 pm

420 with CNW — Research Finds Off-Duty Cannabis Use Has No Effect on Productivity

The cannabis industry is without a doubt one of the fastest-growing industries. After decades of prohibition, attitudes toward the controversial plant are changing, with 35 states legalizing medical cannabis and 15 states allowing recreational use. Still, many employers worry that cannabis use, even while off the clock, can reduce employee performance, ultimately impacting the bottom line. According to recent research, however, there is no correlation between off-duty cannabis use and reduced productivity at work. First published in May 2020, the study sought to determine how using cannabis at different times of the day affected people’s ability to meet their job…

WednesdayNov 11, 2020 4:20 am

420 with CNW — The Benefits, Drawbacks and Myths of Marijuana Consumption Methods

If you’re a regular marijuana user or are planning to join the club, then you know that the “how” you ingest the herb is a primary concern for many. It’s well known that the mental and physical benefits you may obtain from the herb largely depend on how the substance gets into your system. To help you with this, let’s discuss the most common ways to ingest cannabis as well as the pros and cons of each method; we’ll also debunk some misconceptions and myths while we’re at it. First, you should know that there are three main ways to…

TuesdayNov 10, 2020 4:31 pm

Gage Cannabis Co.’s Lansing Location Now Offering Recreational Marijuana

Experts expect the recreational marijuana market in Michigan to rival the numbers currently seen in some of country’s top cannabis markets within the next few years Gage Cannabis Co. is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan New Lansing location offers a wide range of products, all available for purchase through curbside delivery or walk-up pick up Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator by offering recreational marijuana at its Lansing, Michigan location (https://cnw.fm/QxA9R). The company is committed to building the fastest-growing cannabis brand in…

TuesdayNov 10, 2020 4:20 pm

420 with CNW — Voters Approve Marijuana Legalization in Five States

Five states adopted measures to legalize marijuana during last week’s elections. These states —South Dakota, New Jersey, Montana, Mississippi and Arizona — had measures for medical or recreational marijuana use, or both, on their ballots. According to New Frontier Data, a marijuana market firm, legalization of marijuana in the additional states will grow the cannabis industry by an estimated $9 billion. Here’s a breakdown of the measures in the different states that were approved on Tuesday’s ballots. South Dakota South Dakota voters approved Measure 26, which requires the state to create a medical cannabis program for possession, use and home…

TuesdayNov 10, 2020 3:41 pm

As Canada’s Legal Cannabis Market Gains Ground, Pac Roots Cannabis Corp. (CSE: PACR) Leverages Genetics to Produce Superior Strains

Statistics Canada data confirms growth in Canada’s legal marijuana market PACR leverages genetics to produce superior-quality strains, tailored for specific purposes PACR’s catalog contains 350 tested quality cultivars, including 50 super-elite strains Canada’s legal marijuana industry recently celebrated its second anniversary with a jump in sales - a sign of victory in its ongoing battle with the black market (https://cnw.fm/yMRlx). As a licensed cultivator and producer, Pac Roots Cannabis (CSE: PACR) is positioned to benefit from this opportunity to market its premium-quality cannabis strains to a larger audience. Cultivated using innovative techniques based on genetic principles, Pac Roots produces custom strains…

TuesdayNov 10, 2020 3:06 pm

Alkaline88 Eyes Professional Sports (NASDAQ: WTER) (CSE: WTER)

PGA, MLB changes CBD policies; other leagues evaluating policy changes regarding marijuana, CBD use Global market for CBD oil projected to grow from $967.2 million in 2020 to $5.3 billion by 2025 WTER offers an exclusive line of A88CBD(TM) products, ranging from tinctures, capsules and gummies to lotion, creams salves Since CBD was removed from professional golf’s banned substance list in 2018, PGA and Champions Tour players are turning more frequently to the plant to treat aches and pains, and golfers aren’t the only athletes to choose the compound. Earlier this year, Major League Baseball removed marijuana from its banned-substance…

TuesdayNov 10, 2020 4:20 am

420 with CNW — CBD Shampoo Alleviates Symptoms of Scalp Inflammation

For the past couple of years, cannabidiol (“CBD”) has held the world’s attention. Extracted from industrial hemp, a nonpsychoactive variety of cannabis, CBD is brimming with potent medicinal properties. Anecdotal evidence and preliminary research have found it effective against a host of medical conditions including anxiety, insomnia, post-traumatic stress disorder (“PTSD”) and pain. According to a team of researchers from Italy and the United States, cannabidiol may also offer relief against scalp inflammation. Also known as scalp dermatitis, inflammation of the scalp usually results in flaky, itchy and painful patches. It is often caused by scalp psoriasis and seborrheic dermatitis.…

MondayNov 09, 2020 4:20 pm

420 with CNW — Will Europe Increase Its THC Limit to 0.3%?

In late October, the European Parliament voted to raise the THC limit for industrial hemp from 0.2% to 0.3%. Back in 1984, the standard for a European THC limit in industrial hemp was set at 0.5%. That limit was reduced to 0.3% in the 1970s and reduced even further to 0.2% in 1999. The original goal of the 0.2% limit was to prevent high-THC marijuana from being grown in low-THC industrial hemp fields. However, in the 20 years since the limit was set, hemp farmers in Europe have been pushing for it to be raised, arguing that the limit reduces…

MondayNov 09, 2020 2:14 pm

Sugarmade Inc. (SGMD) Reports BudCars Q3 Numbers, Company Continues to Post Record Sales

SGMD releases key numbers for BudCars Q3 2020 financial report CEO reports that company “continues to perform, setting records in basically every key metric we track” BudCars has seen consistent growth since Sugarmade acquired 40% stake in the Sacramento-based cannabis delivery service Steadily growing gross margins, more than 60% growth and $2 million in gross receipts are a few of the highlights in an announcement (https://cnw.fm/SLg0m) made by Sugarmade (OTCQB: SGMD) featuring the Q3 2020 numbers for BudCars Cannabis Delivery Service. SGMD owns a 40% stake in BudCars, along with an option to acquire an additional 30%. “BudCars continues to…

MondayNov 09, 2020 4:20 am

420 with CNW — State Reveals Stores Have Sold Marijuana Products Valued at Half a Billion Dollars

For the sixth consecutive month, Illinois has crushed yet another cannabis sales record, having reached a $500-million-worth benchmark of legal marijuana products that have been bought since the program was launched at the start of this year. Illinois has shown that its marijuana market is not only pandemic proof but also recession proof. Last month, adults bought 1,557,880 cannabis products worth $75,278,200 cumulatively. That’s almost $8 million more than sales in September and about twice the sales recorded in January. These figures do not include purchases made through the state’s medical marijuana program. Based on this, to say the strides…