NewsRoom Articles - Page 338 of 612

ThursdayJul 30, 2020 4:20 am

420 with CNW – What Potential Marijuana Entrepreneurs Need to Know

The cannabis space is one of the most exciting industries at the moment. At least 30 states have legalized cannabis, with several more considering legalizing it in the near future. Valued at $13.6 billion in 2019, the industry is projected to reach. $73.6 billion by 2027. These crazy numbers have attracted entrepreneurs and investors looking to cash in on cannabis’ popularity in droves. The fact that most states that allow cannabis declared it essential at the start of the pandemic made the industry even more attractive to entrepreneurs. Like every other industry, cannabis has its own set of risks, especially…

WednesdayJul 29, 2020 4:20 pm

420 with CNW – Navy Stops Sailors and Marines from Using Hemp Shampoo

Last year, the U.S. Navy issued a notice banning all sailors and marines from using products containing CBD. This ban covered ingestible products, such as tinctures. Last week, the Navy issued another notice expanding the hemp or CBD product ban to include topicals like shampoos, lotions, conditioners, and soaps. This Department of the Navy (“DON”) update comes shortly after Congress passed an amendment to a spending bill stipulating that serving and reserve members of the U.S. armed forces could use products containing hemp derivatives, such as CBD. However, the Senate version of this spending bill doesn’t have the amendment contained…

WednesdayJul 29, 2020 4:20 am

420 with CNW – White House Official Admits Fewer Teens Are Using Marijuana Since Legalization

The road to cannabis legalization has been long and full of obstacles. While drug reform activists have preached the social and economic benefits of legalizing cannabis, proponents against legalization have argued that making cannabis legal and accessible to the public will lead to teens abusing the drug. However, according to an official from the White House’s anti-drug office, the consumption of cannabis by teens has fallen in Colorado and other states that have legalized marijuana for adult consumption. Speaking to a committee of North Dakota lawmakers on Wednesday, Dale Quigley stated that "for some reason, the use rate among this…

TuesdayJul 28, 2020 4:20 pm

420 with CNW – Congress Could Vote on Marijuana Legalization in September

Last year, Judiciary Committee Chairman Jerrold Nadler teamed up with Senator Kamala Harris to file legislation that would end federal prohibition of cannabis in the country and seek to repair some of the damage done by the decades' long war on drugs. The Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act would remove marijuana and THC from the Controlled Substances Act, provide for the expungement and resentencing of prior marijuana convictions and prevent federal agencies from using cannabis as a reason to deny access to benefits or citizenship status for immigrants. According to multiple sources familiar with the lawmaker's plans, the…

TuesdayJul 28, 2020 4:20 am

420 with CNW – Rhode Island Licenses First Lab to Test Marijuana Potency

Rhode Island legalized medical cannabis back in 2006, and it became one of the first states with a cannabis dispensary system when it introduced the system in 2009. As of 2020, there are 3 cannabis dispensaries in the state; Thomas C. Slater Compassion Center in Providence, Summit Medical Compassion Center in Warwick, and Greanleaf Compassion Center in Portsmouth. But Rhode Island's medical marijuana program differed greatly from programs in other states. For years, the state had not licensed any laboratories to test for marijuana potency. Either the growers in Rhode Island tested their own products, dispensaries tested the marijuana themselves…

MondayJul 27, 2020 4:20 pm

420 with CNW – Opponents File Lawsuit against Arizona Marijuana Ballot Measure

At the start of the year, at least 10 states had plans to legalize either medical or recreational cannabis. But as the coronavirus took hold, lawmakers didn't have enough time to discuss comprehensive marijuana reforms. This, coupled with the shutdown and social distancing measures, meant states like New York and Ohio had to postpone their legalization plans. In Arizona, however, activists were able to collect enough signatures to get marijuana legalization on the November ballot, but they are now facing another potential hurdle. A group opposed to legal cannabis has filed a lawsuit arguing that the initiative used deceptive language…

MondayJul 27, 2020 4:20 am

420 with CNW – Congress Passes Measure Allowing Military Personnel to Use CBD

When the 2018 Farm Bill legalized industrial hemp and its derivatives, no one knew just how big cannabidiol (“CBD”) would get. Flush with medical properties, CBD has quickly become a go-to compound for people seeking a natural alternative to pharmaceuticals. However, despite being federally legalized, several military branches have in the past few months issued statements stating that service members were not permitted to use CBD products. In response, Rep. Tulsi Gabbard, a military veteran, and former 2020 Democratic presidential candidate sponsored an amendment that would allow military service members to use products containing hemp and its derivatives. Approved by…

FridayJul 24, 2020 4:20 pm

420 with CNW – FDA Finally Releases Cannabis Research Guidelines

In December 2018, Congress passed the 2018 Farm Bill, a landmark legislation that legalized the cultivation and sale of industrial hemp and it's derivatives after decades of prohibition. Cannabidiol, a hemp extract with medical capabilities, quickly grew in popularity, resulting in an unregulated market worth millions of dollars in sales. For months, advocates, stakeholders, and some lawmakers have urged the U.S. Food and Drug Administration (“FDA”) to create a comprehensive regulatory structure for the industry. On Tuesday, the agency finally released draft guidance on developing cannabis-based drugs, weeks after the White House announced that it had finished reviewing the draft…

FridayJul 24, 2020 4:20 am

420 with CNW – Activists Put Pressure on Mexican Lawmakers to Legalize Recreational Marijuana

The past few years have been great for cannabis. Advanced research into its effects on the body that has found it has plenty of medical benefits, coupled with changing attitudes towards the plant, have pushed it more into the mainstream. As a result, plenty of territories have passed legislation allowing either recreational or medical marijuana within their borders. Many more jurisdictions have cannabis legalization on the books or they are at least considering it. In Mexico, activists have demanded that the Senate include the legalization of recreational cannabis in the next special session that starts on July 29. This comes…

ThursdayJul 23, 2020 4:20 pm

420 with CNW – Third-Party Presidential Nominees Push for Marijuana Legalization

With everything that’s been going on for the past six months, from a global pandemic that’s crippled the economy to the protests against police brutality raging across the country, it’s easy to forget that the November ballot is fast approaching. The ballot may very well be a turning point for the cannabis industry. For starters, the Democratic Party made it clear that if it clinches Congress and the White House this coming November, it will make decriminalizing marijuana one of its top priorities, despite presumptive Democratic presidential nominee Joe Biden’s views on the matter. The presidential nominees for both the…