NewsRoom Articles - Page 427 of 591

ThursdayMay 16, 2019 4:20 pm

420 with CNW – State Statistics Reveal Less than 50 Percent of Ohio Patients Have Purchased Medical Marijuana

Medical marijuana was legalized in Ohio in 2016 and sales only started this year. Figures coming in from the state show that only 15,339 of the patients who hold medical marijuana cards have so far visited a dispensary and purchased medicinal marijuana products. Several factors can explain why just 49 percent of the cardholders have bought medical marijuana. First, very few medical marijuana dispensaries have opened their doors to patients. Out of 56 dispensary licenses which were issued, just a paltry 15 establishments have started operating. These few dispensaries aren’t evenly distributed across the state, and this may explain why…

ThursdayMay 16, 2019 1:22 pm

NCIA’s Cannabis Business Summit & Expo Offers Opportunity to Network with the Best and Brightest

Who’s going to deliver the keynote address at NCIA’s 6th Annual Cannabis Business Summit & Expo at the San Jose McEnery Convention Center in San Jose, California? Last year, it was James Cole, a former deputy attorney general who thinks that the federal government should treat cannabis as a medical pharmaceutical substance. The year before it was Vicente Fox; a former president of Mexico who set the tone at the 2017 conference with an insightful talk on the social injustices created by the war on drugs and the positive effects of global cannabis legalization. This year’s event – the nation's…

ThursdayMay 16, 2019 10:45 am

This Week in Cannabis: History is Made in Oregon & Hemp May Lower Pharma Use

It's not every day that cannabis policy history is made in the United States, but it happened this week in Oregon. When you add what happened in Oregon with the other cannabis news from the week, it's easy to see that this last week was a big one. Below are the highlights. Oregon lawmakers become the first in the nation to pass a cannabis export bill What happened: Senators in Oregon passed a bill this week which would give discretion to Oregon's Governor to authorize cannabis exports. The bill will now go to the Oregon House of Representatives where cannabis…

ThursdayMay 16, 2019 4:20 am

420 with CNW – New Jersey May Turn to a Referendum to Legalize Recreational Marijuana

As it becomes increasingly clear that the bill to legalize recreational marijuana is unlikely to get enough support in the New Jersey senate, lawmakers are beginning to consider the possibility of letting voters make the decision through a referendum in 2020. It is now six weeks since a vote on the legalization bill was suddenly called off, but legislative leaders and Gov. Murphy don’t seem to have made any progress is securing the “2-5 votes” needed to guarantee that the legalization bill will pass on the senate floor. The Assembly doesn’t have the same problem and they are just waiting…

WednesdayMay 15, 2019 4:20 pm

420 with CNW – Medical Marijuana Edibles Now Legal in Maryland

Edible medical cannabis products are now legal in Maryland after Gov. Larry Hogan signed two related bills on Monday this week (May 13). Medical marijuana businesses stand to boost their revenue potential with the addition of these products to their offerings. The medical marijuana edibles bill was signed along with a related antitrust law on the same day. There are three major highlights of those two laws as explained below. First, no single individual or business entity will be allowed to get more than four medical marijuana dispensary licenses in the state. This provision is intended to spread the economic…

WednesdayMay 15, 2019 12:08 pm

Here’s Why Cannabis Budtenders Should Never Play Doctor

It is no secret that the cannabis plant is medicine. Some cannabis opponents will try to cling to the debunked claim that it isn't, but such a claim has been proven false countless times. Despite what some people think, cannabis is one of the most studied plants on earth from a medical perspective. It should obviously be studied more, but already there's ample evidence proving cannabis's medical value. But who should discuss that medical value with patients? Unfortunately, too many budtenders make the mistake of trying to insert themselves as a quasi-medical cannabis doctor. Here are some factors that any…

WednesdayMay 15, 2019 11:26 am

ChineseInvestors.com Inc.’s (CIIX) Pop-Up Store Strategy Offers Unique Retail Branding, Shopping Intimacy

CIIX’s Q3 2019 revenue was driven by hemp and CBD product sales, generating $1.1 million of the quarter’s $1.4 million in sales CIIX subsidiary Chinese Wellness Center launched a pop-up store in California’s Glendale Galleria Mall Forbes reports that pop-up stores provide an intimate experience, create awareness and drive a unique shopping experience ChineseInvestors.com Inc.’s (OTCQB: CIIX) wholly owned Chinese Wellness Center (“CWC”) subsidiary entered a new wave of retailing when it debuted a pop-up store in the Glendale Galleria Mall in California earlier this month. The store showcases its own opt line of industrial hemp/CBD products. These products drove…

WednesdayMay 15, 2019 4:20 am

420 with CNW – Medical Cannabis Home Delivery Service Begins in Michigan

Medical marijuana provisioning centers (dispensaries) have started delivering medical cannabis to the front doors of patients who order for products online. Utopia Gardens LLC, based in Detroit, was the first dispensary to take advantage of the legal changes permitting medical cannabis delivery. Donnell Cravens, the manager of Utopia Gardens, explains that home delivery was a better way to serve patients, some of whom were undergoing chemotherapy which made it hard for them to move out of their homes in order to buy medical marijuana products. According to LARA, the state body charged with regulating the medical cannabis industry in Michigan,…

TuesdayMay 14, 2019 4:20 pm

420 with CNW – Patients Still Face Challenges Accessing Medical Marijuana, Toronto Conference Attendees Reveal

One would imagine that once a country or jurisdiction legalizes medical cannabis, then the patients there will find it easy to access prescription medical cannabis products. Sadly, this isn’t the case as panelists and attendees of the Medical Cannabis Conference in Toronto last week revealed. The first major challenge that medical cannabis patients face is the high prices of products. A clear example of this is in Canada which has had medical marijuana since 2001. Gerald Major, who is the president of a medical cannabis advocacy group in Canada called Canadians for Fair Access to Medical Cannabis, revealed during the…

TuesdayMay 14, 2019 3:57 pm

Next-level cannabis investor forum MjMicro debuts in NYC on June 25

MjMicro Conference (www.mjmicro.com), the next-level investor forum for publicly traded cannabis companies, debuts in New York City on June 25 at the Westin Grand Central Hotel. This one-day conference provides an exceptional opportunity for cannabis-related public entities to connect with private capital investors and also features presentations from noted industry experts. The MjMicro Conference is an invitational networking forum exclusively created to enable best-in-class and emerging public companies in the cannabis industry to meet with high-net-worth investors, venture funds and family offices, helping drive private investment capital into public entities, promote trading liquidity, and increase media and analyst coverage. “Our…