NewsRoom Articles - Page 37 of 605

ThursdayNov 07, 2024 4:20 pm

420 with CNW — Gallup Survey Finds US Bipartisan Majority Support for Cannabis Legalization Stable

Support for legalizing cannabis is showing consistent strength across the United States, according to a recent survey by Gallup. The findings highlight that a significant majority of Americans, regardless of political affiliation, continue to endorse marijuana reform. The survey revealed a slight dip in support compared to last year’s figures, but the change falls within the margin of error and is not considered statistically significant, according to a Gallup representative. As voters head into elections where cannabis reform will appear on various state ballots, the poll indicates that 68% are in favor of legalization, while 31% remain opposed. Breaking down…

ThursdayNov 07, 2024 10:00 am

US Jurisdictions that Voted on Marijuana Legalization Could Generate $3 Billion Upon Launch

Different jurisdictions across America voted on initiatives to legalize marijuana on Election Day. Voters in the states of Florida, North Dakota and Nebraska voted on measures to legalize adult-use and medical marijuana this month. A recently conducted analysis projects that the new markets could jointly generate $3 billion in their first year of sales. The analysis shows that the majority of the projected revenue would come from Florida if voters approve recreational sales by passing Amendment 3. Consumers are expected to spend about $2.9 billion on recreational cannabis once the new market is launched in Florida. By the fourth year,…

WednesdayNov 06, 2024 4:20 pm

420 with CNW — Fighters in Nevada Are No Longer Prohibited from Using Marijuana

The Nevada State Athletic Commission (NSAC) recently removed marijuana from its list of prohibited substances. This change means that fighters in the state who possess, use, or consume marijuana products will no longer face penalties for violating anti-doping rules. For years, cannabis was classified as a banned substance, and fighters were often penalized if it was detected in their system. UFC fighters such as Trevin Jones, for example, have seen their victories overturned, changing their records to no-contests due to positive tests for marijuana. Additionally, in 2015 popular fighter Nick Diaz received a severe penalty for marijuana use: a five-year…

TuesdayNov 05, 2024 4:20 pm

420 with CNW — Kentucky’s First Lottery Selects 26 Businesses to Receive Medical Marijuana Licenses

Kentucky is making significant progress toward introducing medical cannabis as an option for healthcare in the state. Recently, 26 businesses were chosen to cultivate and process medical cannabis, which will soon be available for sale across Kentucky. The businesses earned their licenses through a random lottery held at the Kentucky Lottery office in Louisville. Governor Andy Beshear expressed enthusiasm about the milestone, highlighting that all medical marijuana activities—from cultivation and processing to testing and dispensing—will occur within Kentucky. Further, he stated that the lottery was a step closer to providing safe and affordable access to medical marijuana for Kentuckians dealing…

TuesdayNov 05, 2024 10:00 am

DEA Judge Postpones Cannabis Rescheduling Hearing to Next Year

The DEA recently revealed that a hearing on cannabis rescheduling is being delayed until next year. This news comes after the agency’s administrator Anne Millgram gave the stamp of approval for more than 24 witnesses to take part in the hearing this coming week. Soon after this, Chief Administrative Law Judge John Mulrooney gave a preliminary order indicating that the data provided on those supposed to testify was inadequate and requested additional details. He also hinted at a formal hearing being scheduled for January or February of next year. When the department of justice proposed that marijuana be moved to…

MondayNov 04, 2024 4:20 pm

420 with CNW — New Jersey Marijuana Advocates Discuss the Possibility of Increasing the Fee for Social Equity

Advocates in New Jersey are currently debating whether the state’s Marijuana Regulatory Commission should raise the fee directing revenue from recreational cannabis sales to fund social equity initiatives and support communities affected by past drug policies. The commission is set to meet soon to determine the fee rate that will apply starting January 1. Presently, the fee is set at $1.24 per ounce. Four years since New Jersey legalized recreational cannabis, some advocates argue that it is time to increase the fee to $30 per ounce. New Jersey has some of the lowest marijuana taxation in the nation, according to…

FridayNov 01, 2024 4:20 pm

420 with CNW — Why Cannabis Firms Need to Give Branding Adequate Attention

A troubling tendency has surfaced in states where marijuana markets are regulated: businesses frequently offer their goods using identical or very similar trademarks. This overlap occurs because the United States Patent and Trademark Office (USPTO) prohibits federal trademark safeguarding for cannabis products, as they are illegal at the federal level. In the absence of federal trademark safeguards, marijuana businesses are left with little choice if they want to prevent others from using identical brand names or logos in different states. This situation has created a unique issue in the sector where customers question if a product is from Company A…

FridayNov 01, 2024 10:00 am

Multistate Operators and Their Contribution to the Marijuana Industry

The rise of marijuana multistate operators has increased concerns that independent cannabis business owners may be driven out of business by organizations that have more money, power, and influence. Despite the negative way multistate operators are perceived, most take significant risks and work with local as well as state legislators to develop infrastructure and expand cannabis access in the U.S. By understanding the roles of multistate operators, independent businesses can use their work to their advantage. For instance, they have helped launch legal markets in jurisdictions that may not have been possible. A good example of this is the successful…

ThursdayOct 31, 2024 4:20 pm

420 with CNW — Scientific Review Finds Marijuana Lowers Chronic Nerve Pain

A recent review highlights the promising effects of cannabinoids, a compound in cannabis, in managing persistent nerve pain. According to the research, cannabinoids may offer substantial pain relief with few or no side effects, suggesting a valuable alternative to conventional pain medications for patients dealing with persistent nerve pain. Published in the Cureus journal, the review underscores the positive impact of cannabinoids on pain control, noting their benefits as a more natural option compared to synthetic drugs. This could make cannabinoids an attractive option for people seeking alternatives to traditional medications. The research team, which sifted through numerous studies, narrowed…

ThursdayOct 31, 2024 10:00 am

Study Says Marijuana Use During Pregnancy Impacts Impulse Control, Aggression in Kids

A new study has discovered that prenatal exposure to marijuana is linked to poorer thinking skills and behaviors like planning, paying attention, and impulse control in early childhood. These skills, the researchers explained, play a crucial role in how children interacted with others and performed at school. The study was carried out by researchers at Nationwide Children’s Hospital, with their objective being to investigate the link between prenatal marijuana exposure and aggressive behavior and executive function at age 5. The researchers used a cohort of 250 children for their study, 50 of whom were White while 155 were African American/Black.…