NewsRoom Articles - Page 37 of 593

MondayAug 05, 2024 10:00 am

Latest NY Crackdown on Illicit Marijuana Outlets Starting to Stem the Vice

When the state of New York legalized adult-use marijuana, thousands of retail outlets started selling the substance without first obtaining licenses. These illegal establishments defied the authorities and remained open for more than a year due to lax enforcement. However, their luck turned when the state enacted new regulations in April. The office of the sheriff in New York City reveals that since the laws were strengthened in April, approximately 700 unlicensed cannabis shops have been closed. This success is largely attributed to the increased enforcement powers that local authorities were given in the new laws, and the opening of…

FridayAug 02, 2024 4:20 pm

420 with CNW — Nearly 43,000 Comments Sent to the DEA; Highlights Shared Here

The public comment period for the U.S. Drug Enforcement Administration’s (DEA) proposed marijuana rescheduling rules recently ended, and now the agency will analyze the responses, marking the first time they are considering public opinions on cannabis. Approximately 43,000 comments were submitted by individuals, researchers and organizations, making it the highest number of responses the DEA has ever received for a proposed regulation change. The drug markets and legal regulation director at the Drug Policy Alliance, Cat Packer, highlighted that the huge response demonstrates the public's great interest in cannabis legalization in the United States. People used this opportunity to share…

FridayAug 02, 2024 10:00 am

NTSB Writes to DEA Expressing Concerns about Marijuana Rescheduling

Earlier this month, the National Transportation Safety Board (NTSB) wrote to the U.S. Drug Enforcement Administration (FDA) highlighting its concerns regarding a rule that would reschedule marijuana under the Controlled Substances Act. The board explained that moving marijuana to Schedule 3 would prevent continued testing for cannabis use by transportation employees as labs certified by the U.S. Department of Health and Human Services (HHS) aren’t permitted to test for substances under this category. It implored the DEA to make sure that rescheduling cannabis didn’t compromise employee testing as this would have implications on the certification of school bus drivers. The…

FridayAug 02, 2024 9:00 am

Software Effective Solutions Corp. (SFWJ) Dedicated to Becoming Leader in Growing Cannabis Sector

A recent report projects that the cannabis market, which totaled an estimated $27.7 billion in 2022, will reach $82.3 billion by 2027 The forecast includes businesses and enterprises involved in the cultivation, processing, distribution and sale of cannabis and cannabis-related products MedCana is building technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts to the world With the worldwide cannabis market projected to see a compound annual growth rate (“CAGR”) of 24.3% in the next three years, Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) is committed to strengthening its foothold in the growing space. The company, which…

ThursdayAug 01, 2024 4:20 pm

420 with CNW — Thai Minister Reveals Government Will Draft Measure to Regulate Adult-Use Marijuana

Thailand’s government seems to be reconsidering its previous commitment to banning recreational cannabis, with a minister proposing a shift toward regulating the rapidly growing industry. Bhumjaithai Party leader and Interior Minister Anutin Charnvirakul stated that Srettha Thavisin, the prime minister, had decided to look into the possibility of drafting a bill to regulate cannabis sales and use instead of outright banning it. Anutin thanked the prime minister for taking up the matter and choosing to pass legislation. His party played a significant role in the decriminalization of marijuana in 2022. He also noted that the administration will allow different political…

WednesdayJul 31, 2024 4:20 pm

420 with CNW — Laboratory Owners Reveal Unknown Compounds Found in Marijuana Samples

The regulated cannabis sector has been facing a significant challenge lately: lab-tested products containing pesticides. More alarmingly, some cannabis samples sent for testing now contain a mixture of unknown compounds not previously identified in cannabis. According to lab executives, these enigmatic substances emerge during the conversion of hemp-derived cannabinoids into delta-8 and delta-9 THC. The issue is made worse by the fact that testing for cannabinoids, heavy metals and mold is required in most jurisdictions, but testing for these byproducts is not. As such, their impact on customers is still unknown. Cannabis naturally includes trace levels of delta-8 THC. However,…

WednesdayJul 31, 2024 10:00 am

States are Finding it Hard to Implement Eco-Regulations for the Cannabis Industry

Businesses in the cannabis industry, similar to other businesses, are required to comply with energy and environmental rules established by their respective states. Such rules may include how to adhere to standards on energy efficiency requiring specific lighting or HVAC equipment, or how to dispose of or treat wastewater. This industry’s huge impact on the environment, particularly the significant use of water and energy, is drawing the attention of regulators. This has prompted some states to enact cannabis-specific environmental regulations in response. States that have taken such action include Illinois, California, New York, Michigan and Massachusetts. A number of towns…

WednesdayJul 31, 2024 9:45 am

Software Effective Solutions Corp. (SFWJ) Takes Critical Steps Toward Achieving Global Production and Processing Vision

MedCana has identified Colombia’s Antioquia Valley as a perfect location to begin its initial rollout of technology and production The company is working with five subsidiaries in the area, each of which has three licenses to produce, process and export cannabis Equally important to MedCana is working closely with the people of the Antioquia Valley and maintaining its commitments to its investors Cannabis legalization is not exclusive to North America. So far, more than 40 countries have legalized cannabis fully or partially for medical and/or adult use (https://cnw.fm/H7Jbq). With its focus on the global horizon, Software Effective Solutions (d/b/a MedCana)…

WednesdayJul 31, 2024 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Produces Notable Findings in Latest Weight Loss Study

Lexaria, a global innovator in drug delivery platforms, has released interim results from its WEIGHT-A24-1 animal study The study sought to explore the impact of its patented DehydraTECH technology on glucagon-like peptide-1 (“GLP-1”) drugs for the potential treatment of diabetes and weight loss, representing a major global market The first 28 days of dosing yielded positive results that Lexaria’s management described as “noteworthy” It also marked a significant milestone for the company and the first time it has used liraglutide in any of its GLP-1 studies Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery enhancement, just released interim…

TuesdayJul 30, 2024 4:20 pm

420 with CNW — Oklahoma Court Says It Isn’t Illegal for Pregnant Women to Use Medical Cannabis

The Court of Criminal Appeals in Oklahoma recently made a ruling that women who hold state medical cards and use cannabis during pregnancy cannot be charged with child neglect. This ruling marks an important victory for Amanda Aguilar, who has been waiting almost four years for this outcome. In 2020, Aguilar was charged with felony child neglect in Kay County following her newborn son’s positive test results for cannabis at birth. This legal dispute has created significant stress for the single parent of five children and limited her employment options. After learning of the court’s ruling, Aguilar said, “I might…