NewsRoom Articles - Page 345 of 591

TuesdayMar 03, 2020 4:20 am

420 with CNW – What Pot Companies Can Learn from Federal Hemp Legalization

The National legalization of hemp under the 2018 Farm Bill provides marijuana business with essential lessons to use when preparing for a highly analyzed, commodity-driven industry. The lessons would especially be valuable to small companies that are well managed. The co-founder and president of the American Trade Association for Marijuana and Hemp, Michael Bronstein, said that although hemp and marijuana are different industries, marijuana can learn some few things from the national rollout of hemp. Experts advise companies to anticipate changes in the marijuana industry, even if it takes a few more years before marijuana can be legalized at the…

MondayMar 02, 2020 4:20 pm

420 with CNW – Vermont House Passes Marijuana Legalization Bill

On Thursday, the House of Representatives in Vermont approved a bill legalizing retail sales of marijuana. However, the Governor, Phil Scott (R), said that he is not happy with one of the key components of the legislation. On Wednesday, the measure garnered a strong initial vote in the House, but for the bill to formally clear the chamber, an additional vote was required, and the Members of the chamber gave a third reading approval to the legislation through a voice vote. The approval of the measure in the Chamber was preceded by the action of the following committees; the House…

MondayMar 02, 2020 4:20 am

420 with CNW – Trial Shows Medical Marijuana Can Treat Insomnia

Zelira Therapeutics has developed a medical marijuana insomnia product known as Thunderbird. Zelira Therapeutics was previously called Zelda Therapeutics (ASX: ZLD), and it changed its name after merging with the USA’s Ilera Therapeutics LLC late last year. For the past few years, Zelda, currently known as Zelira Therapeutics, has been working on a marijuana product used for treating insomnia, ZLT-101. In 2017, Zelda Therapeutics obtained approval to conduct clinical trials with patients who have chronic insomnia in Australia. At the time of the merger, Zelda Therapeutics was also studying the use of marijuana in treating conditions such as autism, cancer,…

FridayFeb 28, 2020 4:20 pm

420 with CNW – New Mexico Moves to End Access to Medical Marijuana by Non-Residents

New Mexico has ruled out the enrollment of non-resident in their medical marijuana program. This week, New Mexico governor Michelle Lujan Grisham signed into law a bill that denies issuance of medical marijuana cards to non-residents. Last year the state approved a change in statute, which was signed by the governor, allowing out of state patients to enroll in the state's medical marijuana program. And since September, more than 600 patients from Texas, Arizona, and other states have enrolled in the New Mexico medical marijuana program. Under the new law, the patients will not be able to renew their medical…

FridayFeb 28, 2020 4:20 am

420 with CNW – Colorado Pot Sales Hit New Record

This week, the Colorado Department of Revenue released new data that showed that the dispensaries within the state set a new sales record in 2019. The state of Colorado raked in $1.74 billion in medical and adult-use marijuana sales, out of which $302 million was collected in the form of sales taxes. The tax proceeds within the state are used in the construction of new schools and health education programs. Compared to 2018, marijuana sales in the state of Colorado increased by 13% in 2019. Colorado was among the first states to legalized marijuana in the U.S, and since 2014,…

ThursdayFeb 27, 2020 4:20 pm

420 with CNW – Risks of Buying Marijuana from Unregulated Sources

It would be pointless to make mistakes or make yourself sick while cultivating marijuana as if there were no rigorous controls at an approved professional cultivation facility. On rare occasions, marijuana products might be contaminated, and their health benefits might turn to be health hazards. For this reason, you should buy marijuana products from licensed dispensaries and also avoid growing your own marijuana if you do not know what you are doing. This will minimize the risks of consuming contaminated cannabis. Discussed below are some of the contaminants that can be found in untested marijuana products. Mold Marijuana, which is…

ThursdayFeb 27, 2020 12:30 pm

CannabisNewsWire Recaps USA CBD Expo in Las Vegas, Today’s Leading Cannabidiol Industry Event

The USA CBD Expo held earlier this month was a perfect way to learn about the latest CBD products -- from coffee, oils, cosmetics, lotions, CBD pet products, CBD capsules, and tinctures to toothpicks and bath bombs. In addition, with the greatest selection of hemp and CBD products, the country’s biggest CBD event helped business owners in the niche learn how to target new audiences and grow their market share. USA CBD Expo was attended by the industry's biggest buyers, investors, and wholesalers in 2019, and 2020 was no exception. More than 500 leading industry brands attended the event held…

ThursdayFeb 27, 2020 4:20 am

420 with CNW – First Month of Illinois Recreational Pot Sales Earn the State $10M in Taxes

The first month of legal recreational marijuana sales in Illinois raked in more than $10 million in sales tax. The Department of Revenue in Illinois said that the legal sales were so strong such that they expect to surpass their original and conservative estimate for the first half year of sales. They are optimistic that they are going to collect more than $28 million from taxes on marijuana sales within the first six months of adult-use marijuana sales. Despite the shortages that plagued the state during the first month of legal sales, the state said that the retailers sold $40…

WednesdayFeb 26, 2020 4:20 pm

420 with CNW – Survey Shows More Older Adults Are Embracing Marijuana

Data from a new study shows that more older adults are using one or more marijuana product, but their doctors are not ready to discuss marijuana use with this demographic. The new study findings published in JAMA Internal Medicine showed an increase in the percentage of adults above the age of 65 who said that they had consumed some form of marijuana within the past year. The increase was 75% higher in 2018 than it was in 2015; 4.2 % of the adults said that they had used marijuana in the past year. Marijuana consumption among the older generation has…

WednesdayFeb 26, 2020 12:55 pm

NECANN Boston 2020 to Put the Future of Cannabis on Display Next Month

When NECANN Boston 2020 kicks off this spring, the Bay State will play host to the largest gathering in its flourishing cannabis industry. Set for March 20-22, 2020, at the Hynes Convention Center in Boston, the event is designed to cultivate collaboration in the East Coast’s medical and recreational cannabis sectors. NECANN takes a collaborative approach to its conventions, and this has resulted in consistently high ROI for exhibitors and sponsors. This year, more than 10,000 industry professionals are expected to attend, leading organizers to hail NECANN Boston 2020 as ‘The East Coast’s largest cannabis industry event’. NECANN Boston 2020…