NewsRoom Articles - Page 363 of 610

ThursdayMar 05, 2020 4:20 am

420 with CNW – Canadian Companies Offer Lower-Priced Marijuana to Stifle the Black Market

In an effort to outpace the illegal market, marijuana companies in Canada are introducing lower-priced, ‘value brand’ marijuana products. The illicit market in Canada accounts for about 70% of all marijuana sales. Canada legalized recreational marijuana in 2018 under the Cannabis Act. After Uruguay, Canada is the second country on the globe to legalize marijuana for adult-use purposes nationally. Statistics Canada released a report in December last year stating that marijuana sales in Canada in that year were around $908 million, and the number of retail marijuana outlets was more than 400 in the country. However, as of September 2019,…

WednesdayMar 04, 2020 4:20 pm

420 with CNW – Missouri Lawmakers Probe Allegations of Bias in Marijuana Licensing Process

Missouri legislators still have questions about the alleged conflicts of interest in the new medical cannabis industry, irrespective of the testimony obtained from state regulators in the past few weeks. At the beginning of February, the Missouri House’s government oversight committee started holding hearings to examine the rollout of the medical marijuana program after reports on scoring irregularities were spread across the state, and unsuccessful applicants filed hundreds of appeals. The state’s medical marijuana czar, Lyndall Fraker, was questioned on a wide range of topics, such as why a private company was hired to rate the applications as well as…

WednesdayMar 04, 2020 12:29 pm

If Medical Marijuana Can Help Treat The Opioid Addiction, What Will It Mean For The Whole Cannabis Industry?

Marijuana and its components continue to prove medical benefits from day-to-day. For decades, it has been a favorite subject of debate and in-depth research. Along with this, various pharmaceutical formulations for THC are released, which the U.S. Food and Drug Administration (FDA) approved. But, have you ever imagined what it would look like for the cannabis Industry once medical marijuana proves its positive effects on the opioid addiction crisis? Medical Marijuana: A Possible Solution to the Opioid Epidemic The opioid epidemic is popularly known as the opioid crisis. This has been a hot issue in the media. But, the majority…

WednesdayMar 04, 2020 11:03 am

Champignon Brands Inc. (CSE: SHRM) Building Reputation in Burgeoning Mushroom Space with Flagship SuperTea Product Line

Champignon’s Vitality SuperTea offerings revolutionizing conventional organic tea concept Each of Champignon’s tea options carefully formulated to provide unique health, performance benefits Global market for products infused with nutritional, bioactive mushroom ingredients projected to reach $34 billion by 2024 The future of health may reside in mushrooms. As buzzwords like ‘organic’, ‘whole’ and ‘fresh’ abound, it’s clear that society has become increasingly passionate about seeking high-quality, nutrient-rich foods. Recently, the humble mushroom has found itself in the spotlight as a surprisingly rich source of vitamins and minerals and a filling substitute for meat. Industry leaders like Four Sigmatic – which…

WednesdayMar 04, 2020 4:20 am

420 with CNW – Florida Senate Moves to Limit Medical Marijuana THC Potency

On Friday afternoon, the Florida Senate filed a proposal whose aim is to put a limit on the amount of THC available in medical marijuana products. The potency cap would be at 10%. THC is the psychoactive compound found in marijuana. It induces the high effect. THC can be found in all forms of marijuana ranging from whole-flower, tinctures, oils, vaporizers, and edibles. The amendment was filed by Senator Gayle Harrell (R-Stuart) and it was part of a larger health care package. The bill's last stop is the Senate Rules Committee, and it will take up the amendment early this…

TuesdayMar 03, 2020 4:20 pm

420 with CNW – Denver Study Finds Fewer Teens Opting to Consume Marijuana

Results from a new survey conducted in the City and County of Denver show that more teens are choosing not to consume marijuana. Denver believes that the improved results in teen consumption are because of the marijuana youth prevention campaign, which is based on facts. The campaign, which is referred to as the High Costs Marijuana Youth Education and prevention, was formed to educate the youth within their state on the effects of underage consumption on their passions, pursuits, and future. Instead of using scare tactics, the campaign is focusing on providing the youths with facts peer-to-peer so that they…

TuesdayMar 03, 2020 12:51 pm

NECANN Boston 2020 Provides Platform for Cannabis Community to Make a Stand

When the curtain goes up on the sixth annual New England Cannabis Convention, slated for March 20-22 at the Hynes Convention Center in Boston, the loudest cheers may come from local cannabis advocacy groups and nonprofits. Conference organizers have set aside 10% of the exhibit floor for these specific organizations as proof positive that the NECANN conference series is about more than just talking shop. NECANN has built a reputation for being at the forefront of cannabis liberalization and has joined the fray against cannabis Luddites. It’s no surprise, then, that NECANN Boston 2020 is flying the flag once again…

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,…