NewsRoom Articles - Page 42 of 587

WednesdayMay 29, 2024 11:15 am

Golden Triangle Ventures Inc. (GTVH) Subsidiary Shares New Business Model Based on Key Pillars to Ensure Success

Strategic four-pillar business model provides essential piece of Lavish Entertainment’s mission to create an industry-leading entertainment business New model “represents a bold step forward in our journey to develop Lavish Entertainment into a staple in the entertainment industry,” states CEO The company plans to develop, acquire operations in each of plan’s four areas At the core of Golden Triangle Ventures’ (OTC: GTVH) purpose of pursuing ventures in the health, entertainment and technology sectors lies its focus on vertical integration to cut costs and maximize margins. One of the company’s newest ventures — Lavish Entertainment, its entertainment division — embodies this…

WednesdayMay 29, 2024 10:00 am

Study Shows Prebedtime Marijuana Use Doesn’t Trigger Impairment

New research shows that using cannabis prior to sleeping has a negligible effect on different performance measures the next day, including psychomotor and cognitive function tasks, simulated driving and even mood. The study, which obtained data from a bigger study exploring the effects of cannabidiol (CBD) and tetrahydrocannabinol (THC) on insomnia, examined outcomes from 20 adults with insomnia who rarely used cannabis. The study was carried out by 11 investigators from Macquarie University in Sydney, Johns Hopkins University, Griffith University, Royal Prince Alfred hospital and the University of Sydney. For the study, the investigators administered either 2 ml of marijuana…

TuesdayMay 28, 2024 4:20 pm

420 with CNW — Biden Welcomes Marijuana Reclassification, Slams ‘Failed Approach’

The U.S. Department of Justice (DOJ) has moved to reschedule marijuana as a less-hazardous narcotic, marking the most substantial drug-policy reform in the nation in more than half a century. President Joseph Biden celebrated the move as a crucial step toward correcting historical injustices. This marks a notable shift for President Biden, who, 30 years ago, was instrumental in crafting stringent crime legislation that is now a source of political contention. This change could bolster Biden’s appeal among younger voters, a demographic crucial for his re-election campaign. The new proposal, announced on May 16, 2024, stops short of fully legalizing…

TuesdayMay 28, 2024 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Concludes First Dosing for its Second GLP-1 Human Pilot Study; Maintains Study Pace and Rollout for 2024

Lexaria, a global innovator in drug delivery platforms, just concluded its first dosing for its glucagon-peptide-1 (“GLP-1”) human pilot study #2, GLP-1-H24-2 GLP-1, a class of drugs, has demonstrated the ability to address diabetes and weight loss, albeit with poor oral bioavailability, usually as little as 0.8% Lexaria, through its study, looks to demonstrate the effectiveness of its DehydraTECH(TM) technology in improving GLP-1’s bioavailability, opening up a vast worldwide market Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just concluded its first dosing for its glucagon-peptide-1 (“GLP-1”) human pilot study #2, GLP-1-H24-2 (https://cnw.fm/g0mZl). This follows the recent…

FridayMay 24, 2024 4:20 pm

420 with CNW — New Jersey Lawmaker Introduces Bill Seeking to Cap Medical Cannabis Prices

State officials in New Jersey acknowledge the concerns raised by medical-cannabis patients regarding the steep prices of marijuana products. However, the officials stress their limited authority under existing laws, which grant them no jurisdiction over the pricing policies of dispensaries. Democratic legislator Senator Troy Singleton is looking to neighboring Pennsylvania for inspiration. Pennsylvania’s medical-cannabis law includes a provision allowing state authorities to impose price limits if marijuana prices become exorbitant. Singleton aims to replicate this provision in New Jersey, proposing a bill that would empower the state’s cannabis regulator to impose price limitations on medical-marijuana providers if their pricing practices…

FridayMay 24, 2024 10:00 am

New York Regulators Face Lawsuit Over Social-Equity Rules

Cannabis regulators in the state of New York have been hit with a new lawsuit filed earlier this month in the Albany County-based Supreme Court against the state’s Cannabis Control Board and Office of Cannabis Management. The issue is the state’s Conditional Adult-Use Retail Dispensary (CAURD) program, which gives priority to people who were impacted by the war on drugs. The suit was filed by four plaintiffs: Windward Management, Organic Blooms, Blackmark and Niagara Nugget. The plaintiffs stated that the applicants under the program could file initial requests for a license without informing the local municipality or having to secure…

ThursdayMay 23, 2024 4:20 pm

420 with CNW — Adult-Use Cannabis Sales Could Begin in Ohio by June

The sale of recreational cannabis is on track to commence around mid-June in Ohio following the recent approval of new licensing regulations for dispensaries. Since December 2023, when a voter-approved statute came into effect, the state has been in a state of uncertainty regarding recreational sales. While individuals 21 years and older were permitted to cultivate and use marijuana at home, the absence of legal avenues for purchase raised concerns about the emergence of a black market, prompting attention from Governor Mike DeWine and certain GOP legislators. The Joint Committee on Agency Rule Review granted passage to the regulations necessary…

WednesdayMay 22, 2024 4:20 pm

420 with CNW — Impact of Federal Marijuana Reclassification on State-Level Programs Remains Unclear

A proposal put forth by Merrick Garland, U.S. Attorney General, calls for a relaxation of federal laws prohibiting marijuana. However, this move does not imply the federal government’s endorsement of medical or recreational marijuana use in the numerous states where it has been legalized. Shifting cannabis from its current classification as one of the most hazardous and least beneficial substances to a less severe category indicates a desire within the federal government, particularly under Biden's administration, to alleviate restrictions on a substance that has gained legality in an increasing number of states over the past decade. Over the years, federal…

WednesdayMay 22, 2024 10:00 am

THC Drinks Legality Questioned As Legislators Call for Stricter Regulations

Drinks infused with THC have become popular in the recent times, and if you were wondering: yes, they’re legal. The drinks are derived from hemp, which usually contains no more than 0.3% THC. THC is one of the two primary compounds found in cannabis plants, the other being CBD. However, unlike THC, CBD doesn’t induce a high when ingested. After the 2018 Farm Bill was passed, industrial hemp was made legal, eliminating it from the DEA’s list of controlled substances. This legalization loophole is what allowed for hemp drinks to be sold legally by cannabis stores, alcohol retailers and breweries.…

TuesdayMay 21, 2024 4:20 pm

420 with CNW — Poll Suggests Florida Cannabis Legalization Measure Will Narrowly Miss Voter Approval

A recent survey by a group opposing the legalization of marijuana in Florida reveals that while a majority of voters support the initiative, support falls short of the required 60% threshold for approval. Conducted by Cherry Communications for the Florida Chamber of Commerce, the poll indicates that 58% of Florida’s probable voters favor legalization while 37% oppose it, with 5% undecided. On the other hand, an alternative ballot item related to abortion rights has 61% of the vote, which means it will probably pass. This marks the third survey indicating insufficient support for the marijuana initiative since Florida’s Supreme Court…