ThursdayMay 23, 2019 9:52 am

This Week in Cannabis: New Scientific Findings on CBD

Cannabis is one of the most studied plants on earth (despite what cannabis opponents may say). As of this article post, a search for 'marijuana' on PubMed.gov returns over 30,000 results. In addition to that large body of research, a lot of things about the cannabis plant are still unknown and waiting to be discovered. Cannabis research was all over the news this week, which we recap below along with other developments. Study finds that CBD may be effective in treating heroin addiction What happened: A team of researchers looked at the potential of cannabidiol (CBD) to reduce cue-induced craving and anxiety in drug-abstinent individuals…

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ThursdayMay 23, 2019 9:00 am

Growing Media Coverage, Celebrity Endorsements Lead to Soaring CBD Popularity

CannabisNewsWire Editorial Coverage: Growing media attention and celebrity acceptance is fueling rising popularity of CBD. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) is one of the companies benefiting most from this attention, with its products featured in Kim Kardashian’s baby shower and the new Saks CBD salon. Aurora Cannabis Inc. (NYSE: ACB) is working with the UFC (Ultimate Fighting Championship) and its athletes in clinical studies involving pain management, inflammation, injury, exercise recovery and mental well-being. Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) recently acquired Beboe, a luxury cannabis brand founded in California. With this growing CBD popularity, HEXO…

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ThursdayMay 23, 2019 4:20 am

420 with CNW – Nebraska Legislators Start Debating Medical Marijuana

Lawmakers in Nebraska started debating a proposal to legalize medical marijuana in the state as cannabis advocates pushed to put the matter before voters next year. Cannabis advocates are unhappy about the legalization bill because, in their view, it is too narrow and restrictive. For example, the bill bans the smoking of medical cannabis yet advocates see smoking as one of the cheapest ways for patients to get their dose of medical cannabis. Other forms require processed cannabis, which is more expensive, so medical marijuana will be out of the reach of many patients if smoking it isn’t allowed. The…

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WednesdayMay 22, 2019 4:20 pm

420 with CNW – The Emerald Cup Expands to Europe

For those who may not know, the Emerald Cup can be described as the world championship for the outdoor cultivation of marijuana. This competition is held every year in California. This year, the Emerald Cup is debuting in Europe after the organizers teamed up with the organizers of Product Earth Expo-Fest held in the U.K each year. The two entities announced their partnership at the start of this week and they plan to use the UK event in August to showcase what growers from the Emerald Triangle have to offer the rest of the world. James Walton, the founder of…

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WednesdayMay 22, 2019 10:42 am

How to Determine if a CBD Product is Safe and Worthwhile

Cannabidiol (CBD) oils and medicines have boomed in popularity over the past five years. It’s now possible to order CBD online in several countries, and even the World Health Organization has stated that there are no known health risks associated with CBD. Yet, while CBD itself may be benign, not all CBD products are safe to consume. In fact, with the increase in demand for the cannabinoid, many new products are entering the market without adequate quality control. Some, including CBD ejuices, may even contain carcinogenic ingredients. To help you find the best and safest CBD products around, you want…

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WednesdayMay 22, 2019 4:20 am

420 with CNW – New York Legislators Introduce New Marijuana Legalization Bill

The sponsors of the first recreational cannabis bill in New York have now introduced a new bill which will replace the one that wasn’t included in the budget framework read early this year. The sponsors of this new bill are convinced that this version stands a higher chance of success because it incorporates the ideas suggested during negotiations prior to reading the budget. Sen. Liz Krueger (D-Manhattan) says that the new bill creates a single government entity which will be responsible for regulating all the cannabis and cannabis-related products, such as hemp and CBD products. Hemp and CBD products are…

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TuesdayMay 21, 2019 4:20 pm

420 with CNW – Poll Shows 60 Percent of Illinoisans Want Recreational Cannabis Treated Like Alcohol

As the legislative session draws to an end in Illinois, an opinion poll conducted shows that the majority of Illinoisans (60 percent) want recreational marijuana to be treated just like alcohol. This poll comes barely two weeks after another poll, sponsored by those opposed to cannabis legalization, showed that support for recreational marijuana legalization was waning. This latest poll was sponsored by Gov. J. B. Pritzker and it was conducted by the Global Strategy Group. The pollsters asked 802 registered voters in the state whether they were in support of, or opposed to legalizing, regulating and taxing recreational marijuana in…

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TuesdayMay 21, 2019 12:14 pm

Hemptown USA Sets Sights on Novel Cannabinoid CBG as Legalized Hemp Farming Revs Up

The U.S. hemp-derived cannabinoid industry is projected to hit $22 billion by 2022 The company recently announced a $17.2 million capital raise to fund its expansion plans across the country from its Oregon base Hemptown has acquired and is in the process of planting one million cannabigerol (CBG) seeds, which will represent a significant portion of the total U.S. CBG crop for 2019 On May 14, Hemptown USA announced that it had raised $17.2 million (C$23.3 million) to fund its expansion plans (http://cnw.fm/LQ4y1). A privately held company headquartered in Southern Oregon’s Emerald Triangle, the company is leveraging its experience as a…

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TuesdayMay 21, 2019 9:00 am

Celebrity Attention Fuels Rising Press Profile of CBD

CannabisNewsWire Editorial Coverage: Companies with a presence in the CBD market are seeing their profiles rise, thanks to growing media and celebrity attention. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) is one of the companies benefiting most from this attention, with its products featured in Kim Kardashian’s baby shower and the new Saks CBD store. Tilray Inc. (NASDAQ: TLRY) has seen strong market coverage as its shares rose following action to tackle product shortages in Canada. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has fostered its public profile through efforts by the company’s media-savvy co-CEO. Cronos Group Inc.…

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TuesdayMay 21, 2019 4:20 am

420 with CNW – Should California Reverse its Promise to Give Local Authorities Control Over Marijuana Businesses?

When Proposition 64 was passed, one of its “key” promises was that local authorities would have the right to decide whether to license recreational cannabis businesses within their jurisdictions or not. About 70 percent of all cities and counties have opted to ban recreational cannabis sales within their jurisdictions, and this has hampered the growth of the cannabis industry. Now some lawmakers are proposing that this tenet of Prop 64 be changed to rein in the power of local authorities on the matter. Several arguments have been presented in favor of and against this suggestion. First, those in favor of…

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