NewsRoom Articles - Page 46 of 592

MondayJun 03, 2024 10:00 am

DOJ to Receive Public Comments on Cannabis Reclassification Throuh July 22

The U.S. Department of Justice (DOJ) is set to begin accepting comments on a rule that would move marijuana to a lower drug classification. This historic move comes after the U.S. Department of Health and Human Services recommended that the drug be rescheduled following a directive issued by President Biden in 2022 to review the drug’s current classification. At the moment, marijuana is classified as a Schedule I drug under the Controlled Substances Act. Drugs under this classification are said to have no accepted use in the medical world and a high potential for abuse. The drugs include heroin, LSD,…

MondayJun 03, 2024 9:00 am

Software Effective Solutions Corp. (SFWJ) Joins Others in Applauding Decision to Reschedule Cannabis

Company calls rescheduling a “monumental decision” that signifies a significant shift in U.S. drug policy MedCana CEO notes rescheduling “opens the door to further research, innovation and accessibility, signaling a new era of acceptance and understanding” SFWJ remains committed to advancing the dialogue around cannabis policy and supporting initiatives that promote responsible access and use Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) has noted a “historic milestone” as the U.S. Drug Enforcement Administration (“DEA”) moves to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act (https://cnw.fm/yNude). The company released an announcement from CEO Jose Gabriel Diaz…

FridayMay 31, 2024 4:20 pm

420 with CNW — Reports Indicate DEA Didn’t Support Marijuana Reclassification

In a secluded section of the U.S. Drug Enforcement Administration (DEA) headquarters known as the 12th-floor “bubble,” director Anne Milgram called a special “marijuana meeting” in March 2024 where she made an unusual request: no one was allowed to take notes. During the meeting, she informed her top deputies that the Biden administration was about to reschedule cannabis as a less-harmful substance, a significant move toward federal legalization that the agency has historically opposed. Moreover, Milgram disclosed that this reclassification would be handled by the U. S. Department of Justice, not the DEA, and the final decision would be signed…

FridayMay 31, 2024 12:00 pm

The Vermont Cannabis & Hemp Convention by NECANN to Generate Collaborative Deals for the Local Community

Entrepreneurs, traders, enthusiasts, patients, consumers, and service providers of the cannabis industry are invited to attend the Vermont Cannabis & Hemp Convention, a pioneering B2B cannabis industry event on the East Coast. Engaged in organizing conventions since 2014, NECANN believes in bringing together the local cannabis community for better growth and business prospects. The event features the expo, workshops, and programming tracks, in addition to speaker sessions and panel discussions by industry experts. The age limit to attend the conference is 21+. The NECANN team comprises a group of passionate and talented professionals who design an extensive agenda that involves two days of…

FridayMay 31, 2024 10:00 am

New York’s OCM Head Resigns in Wake of Gov. Hochul’s Criticism

Last week, the executive director of the Office of Cannabis Management in the state of New York resigned. In an email, Chris Alexander stated that despite the deep commitment and connection to the work and his team, he had no confidence in his ability to do the job and effectively lead the team under present circumstances. This move comes after Governor Kathy Hochul expressed her disappointment in January at how the agency had been managed. At the time, the governor referred to the legal market’s launch as a disaster and ordered that a review be conducted into the office by…

FridayMay 31, 2024 9:00 am

Golden Triangle Ventures Inc. (GTVH), Subsidiary Focused on Becoming Leaders in Sector Projected to See Billion-Dollar Growth

Recent report notes that the U.S. conferences, concert and event market is on a trajectory of remarkable growth A driving force behind the rapid growth is an increasing demand for unique, immersive experiences Lavish Entertainment is building a reputation for producing high-quality, professional events that offer memorable experiences With a recent analyst report projecting significant growth in the U.S. conferences, concert and event market, Golden Triangle Ventures (OTC: GTVH) and its entertainment division, Lavish Entertainment, are strengthening their strategic position in the space at an ideal time. “The United States conferences, concert and event market is on a trajectory of…

ThursdayMay 30, 2024 4:20 pm

420 with CNW — Marijuana Research Hurdles Could Remain Despite Federal Rescheduling

The Biden administration’s decision to reclassify cannabis as a less-harmful drug might ease some research challenges, though scientists caution that obstacles will persist. Ziva Cooper, director of the UCLA Center for Marijuana and Cannabinoids, described this moment as historically significant but expressed cautious optimism about the actual implementation of these changes. Although many Americans now live in states where marijuana is legal, federal restrictions have historically constrained research into its effects and applications. Researchers who have long studied marijuana believe this reclassification could boost funding and interest in research. However, they acknowledge that regulatory and logistical issues may still dampen…

ThursdayMay 30, 2024 12:00 pm

10th Annual CWCBExpo To Offer News on Latest Trends & Ideas In The Cannabis Industry

As New York and the Tri-State area are being touted as one of the largest cannabis hubs in recent times, the CWCBExpo is perfectly timed to bring together the cannabis industry in New York. A premier B2B expo on the East Coast, the CWCBExpo, June 5-6 at the Javits Center in New York, brings in two days of networking events and learning sessions by prominent influencers in the industry. The event will witness industry leaders, investors, influencers, business executives, dispensary owners, educators, medical practitioners, and some of the brightest minds in the cannabis and hemp spectrum. The CWCBExpo has been…

WednesdayMay 29, 2024 4:20 pm

420 with CNW — Marijuana Companies Ask Court to Stream Online Proceedings of Case Against Federal Prohibition

Leading cannabis companies are urging a federal court to permit the public to attend a hearing virtually in a lawsuit where the companies are requesting protection for in-state marijuana activities from federal interference. The U.S. Department of Justice has stated it holds “no stance” on this request. The hearing will take place before the United States District Court for the Western Division of the District of Massachusetts. The plaintiffs’ attorneys highlighted in a motion that the disagreement raises issues of public interest. They reported receiving a lot of requests from the media to watch the hearing online, as most can’t…

WednesdayMay 29, 2024 12:00 pm

Software Effective Solutions Corp. (SFWJ) Subsidiary Expands Global Footprint, Becomes Leading Infrastructure Supplier for Colombia’s Top Flower Producers

MedCana subsidiary is expanding reach both domestically and internationally Company is strengthening support, sales operations through international partnerships Eko2o is at the forefront of providing innovative agricultural technology and infrastructure solutions Eko2o S.A.S., a subsidiary of Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ), is experiencing significant growth and success, as evidenced by recent news that it has become a key infrastructure supplier for some of Colombia’s largest flower producers (https://cnw.fm/PI8yO). In addition, Eko2o is strengthening its support and sales operations through international partnerships and collaborations, including with Danziger International. “Our solutions stand out in the market, and we are delighted…