NewsRoom Articles - Page 45 of 541

FridayJul 14, 2023 4:20 pm

420 with CNW — New York Backtracks on Plans to Sell Cannabis at Farmers Markets

The New York governor’s office is reconsidering a proposal to permit the sale of locally cultivated cannabis at farmers’ markets during the summer season. The initiative had the potential to greatly benefit an estimated 200 farmers who had acquired licenses to grow cannabis under the supervision of the state's Office of Cannabis Management (OCM), which oversees New York's emerging legal marijuana industry. Since the legalization of recreational cannabis use for adults more than two years ago, the state has provisionally approved more than 150 retail licenses. However, due to delays and financial constraints, only approximately 20 stores have managed to…

FridayJul 14, 2023 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Patented DehydraTECH(TM) Technology Increases Bioavailability in Lipophilic Drugs for Potential Hypertension, Epilepsy Treatments

The bioavailability enhancement technologies and services market is expected to reach $10 billion by 2035, growing at a CAGR of approximately 11% Drug developers are shifting focus to the development of lipophilic drug compounds, which increases bioavailability DehydraTECH-enabled drugs improve the speed of onset, increase bioavailability, increases brain absorption, and reduces drug administration costs Lexaria’s DehydraTECH has 34 patents granted worldwide and many more pending across several categories of fat-soluble active molecules and drugs The company operates through four separate subsidiaries to explore the potential and options for the use of DehydraTECH in respective industries Bioavailability is the ability of…

FridayJul 14, 2023 4:20 am

420 with CNW — Lawmakers Author Amendments to Change Cannabis Rules for Security Personnel, Military Recruits

Past and current cannabis use still comes with a myriad of disadvantages for people in certain fields. Even though dozens of states now allow medical and recreational cannabis use, federal law still prohibits cannabis use. As a result, applicants and employees who work in certain fields or agencies often face stringent zero-tolerance drug policies that do not allow cannabis use regardless of local state law. Professional athletes in most major sports, truck drivers and army recruits are among the classes of individuals that are subject to workplace drug tests and can face termination for failed drug tests and, in some…

ThursdayJul 13, 2023 4:20 pm

420 with CNW — Key Senators Plan on Cannabis Banking Vote This Month

Cannabis banking has been one of the most contentious issues since states began legalizing medical and recreational cannabis. Although more than 30 states now allow the purchase and use of either recreational or medical cannabis, federal law still classifies cannabis as a Schedule I controlled substance. As a result, players in the cannabis market typically cannot access financial services that are accessible to every other industry This includes access to banking institutions and federal aid, forcing businesses to operate on a cash-only basis and making it difficult for them to access capital. Lawmakers introduced a bill called the Secure and…

ThursdayJul 13, 2023 10:30 am

4th Annual Cannabis Drinks Expo, San Francisco

Cannabis enthusiasts, investors, business executives, researchers, and industry leaders are invited to attend the 4th Annual Cannabis Drinks Expo to be held in San Francisco, CA on July 27, 2023. As the cannabis industry gains progress and modernization, the premier Expo is set to showcase innovative products with a specific focus on cannabis-infused beverages. The Cannabis Drinks Expo is a highly anticipated event for industry leaders and professionals looking to explore vibrant cannabis-infused drinks. It serves as an incredible platform to bring together beverage distributors, manufacturers, professionals, and retailers, from different parts of the world. The professionals from the hospitality…

ThursdayJul 13, 2023 4:20 am

420 with CNW — Missouri Conducts Outreach Events as Cannabis Microbusiness Lottery Looms

The cannabis industry in Missouri is likened to the modern-day "gold rush," according to Tiffany and Anwar Lee, a couple from St. Louis. Intrigued by the potential, they contemplate participating in a lottery system by paying a $1,500 application fee for a chance to obtain a coveted cannabis microbusiness license. The new initiative, designed to foster opportunities for businesses in marginalized communities, stems from the constitutional amendment that legalized recreational marijuana following last year's voter approval. Discussing their prospects at an outreach event in St. Louis, Anwar acknowledges the financial potential the industry holds, providing a means to achieve a…

WednesdayJul 12, 2023 5:29 pm

Cannabis Drinks Expo Continues to Grow

After successful events at San Francisco and Chicago last year, Cannabis Drinks Expo is all set for Cannabis Drinks Expo 2023! Both San Francisco and Chicago saw a huge networking opportunity for anyone curious about the future direction of the cannabis drinks industry in the United States. What took place on July 28, 2022 in San Francisco and on August 2, 2022 in Chicago were two of the biggest global gathering of cannabis drinks professionals around the world, and brought together MSO’s, dispensaries, cannabis growers, packaging companies, co-packers, flavour suppliers, cannabis drinks brands, service providers of the United States together.…

WednesdayJul 12, 2023 4:20 pm

420 with CNW — Maryland Legislators Recognized ‘Marijuana’ as Racist Term While Formulating Cannabis Law

In 1924, the people of Baltimore awoke to a startling illustration in their leading newspaper. It depicted a devil emerging amid the fumes of cannabis being cooked in a pot over coals. The smoke drove those with the habit of secluding themselves into a frenzy. The headline of that August edition of the Baltimore Sun read, “The Mystery of the Peculiar Mexican Herb,” as several news outlets at the time used similar imagery and language. The article continued, attributing all kinds of negative tendencies to indulgence in the dreaded "marihuana weed" from Mexico. This sentiment was part of a wider…

WednesdayJul 12, 2023 4:17 pm

Taste at Lift: Cannabis Food & Beverage Experience Debuts at Lift San Francisco

Ground-breaking new cannabis food and beverage experience features exclusive demos, in-depth presentations and expert panels led by renowned chefs and other top innovators in food, beverage and hospitality San Francisco (July 12, 2023)–Lift Events and Experiences’ inaugural U.S. event, Lift San Francisco, August 3 - August 4, 2023 at the Moscone Convention Center, will feature several new elements including the inaugural Taste at Lift: Cannabis Food & Beverage Experience. This is a unique opportunity to partake in exclusive demos, in-depth presentations and expert panels led by the top innovators in the cannabis food, beverage and hospitality industries. Taste at Lift…

WednesdayJul 12, 2023 4:20 am

420 with CNW — Oklahoma Cannabis Companies Sue Regulators over Proposed Fees

Although most cannabis reform activists and industry stakeholders are delighted with nationwide efforts to legalize cannabis and promote social equity, they aren’t happy with the fees and taxes cannabis businesses are forced to pay. Cannabis operators in most states with legal markets have long complained of excessively high fees and taxes they are required to pay under their respective regulatory policies. Even though cannabis is still illegal at the federal level, taxes across the country are so high that they exceed taxes for alcohol by a wide margin in many states. These fees significantly limit participation in the market, increase…