NewsRoom Articles - Page 460 of 600

WednesdayMar 20, 2019 4:20 am

420 with CNW – Illinois Legislators Move to Ease Banking for Cannabis Businesses

As Illinois gears up to legalize recreational weed, a couple of bills have been tabled to protect state-chartered banks that decide to accept cannabis businesses as clients. Under federal law, any money from cannabis businesses is regarded as drug money and banks that accept such money may be prosecuted by the federal authorities. Consequently, most banks have been reluctant to do business with marijuana companies even if the allure of the huge sums of money that can be made from the cannabis industry is strong. The past years have seen medical cannabis companies struggling to find a bank that is…

TuesdayMar 19, 2019 4:20 pm

420 with CNW – Bipartisan Bill Seeks to Protect Federal Workers Who Use Marijuana

A bipartisan bill introduced in Congress last week (March 12) seeks to shield federal employees from being fired once they test positive for marijuana. The bill, introduced by Reps. Don Young (R-AK) and Charlie Crist (D-FL), is intended to clarify that federal workers who consume cannabis in states where it is legal cannot be held liable under federal law for testing positive for the substance. Currently, federal employees can be summarily fired or denied a job if they test positive for THC. This blanket action happens regardless of state law. Crist explains that the existing policy and law disproportionately impacts…

TuesdayMar 19, 2019 12:17 pm

SinglePoint Inc. (SING), Direct Solar Discuss Asset Acquisition in New Interview

SinglePoint is building a cannabis-friendly portfolio through ancillary asset acquisitions fueled by an LOI to inject $12 million in capital The company’s acquisition agreement with brokerage Direct Solar and customer lead generator AI Live Transfers leads the way for solar power boost to portfolio A new interview with SinglePoint and Direct Solar highlights the companies’ enthusiasm for the potential of completing the agreement by April 15 Technology-building firm SinglePoint Inc. (OTCQB: SING) is advancing its commitment to the environment and its investment in the cannabis industry through the acquisition of two companies that have successfully applied the Lending Tree model…

TuesdayMar 19, 2019 9:28 am

Cannabis Dispensaries: 6 Critical Compliance Mistakes to Avoid

Cannabis dispensaries have to abide by many layers of rules and regulations. They operate under a huge microscope and even one misstep can be really, really bad. Dispensaries that commit a compliance violation can be blasted in mainstream media, be pointed to for years by cannabis opponents, be fined, and/or shutdown. Compliance should always be on the minds of dispensary owners and dispensary staff. Below are some common examples of compliance issues that should be avoided at all costs. 1) Not checking ID The most common compliance violation that dispensaries make is not checking identification to ensure that a customer is…

TuesdayMar 19, 2019 9:00 am

Hemp Boom Leads to Cultivation Supply Shortages

CannabisNewsWire Editorial Coverage: The growth of the hemp sector is having a beneficial effect for both hemp companies and hydroponic suppliers. The growth of hemp more than doubled in the United States last year More companies are moving to produce hemp, causing a surge in demand for cultivation and hydroponic supplies Shortages are particularly acute relative to the hemp micropropagation and hemp cloning supplies as the spring planting season looms Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) via its pending acquisitions is poised to accelerate its growth rate as a result of this hemp cultivation boom, along with other leading companies.…

TuesdayMar 19, 2019 9:00 am

CBD Industry Soars in Wake of Farm Bill; Massive Growth Projected to Continue

CannabisNewsWire Editorial Coverage: Following the passing of the 2018 Farm Bill, CBD sales have continued their massive growth in the United States and beyond. Cannabidiol (CBD), a chemical found in cannabis, has seen a huge growth in sales over the past few years. CBD can be derived from hemp, and the passing of a new farm bill in the States makes this form of cultivation legal at a federal level. This forms part of wider growth in the cannabis market, as companies expand their operations in North America and even beyond. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile)…

TuesdayMar 19, 2019 4:20 am

420 with CNW – Complaints about the Minnesota Medical Cannabis Task Force Increase

When Minnesota legalized medical cannabis in 2014, a task force was established to evaluate the medical cannabis program and report back to the state. However, numerous complaints about the operation and effectiveness of this task force have arisen. Representatives of patients, law enforcement agencies, the medical community, lawmakers and other stakeholders make up this task force. The task force is mandated to scrutinize patient access to the medical marijuana program, the affordability of the products and any other issue connected to medical cannabis. However, the task force appears to have been doomed right from its very inception. For example, the…

MondayMar 18, 2019 4:20 pm

420 with CNW – Two New Jersey Committees Voted on Marijuana Legalization Today

Two committees in the New Jersey Senate and Assembly voted on a bill to legalize recreational marijuana today (March 18). If the bill passed in both committees, then the entire House could vote on the matter as soon as March 25. Stephen Sweeney, the Senate President, revealed that the members had received copies of the bill on Thursday last week and that the Democrats in the House have started talking to Republicans in order to get some of them to vote for the bill. The support of some Republicans was crucial, because a number of prominent Democrats in the House…

MondayMar 18, 2019 1:02 pm

What Are the Best Cannabis Strains for Depression?

Cannabis as a natural remedy for depression is a topic of some controversy. While many consumers report that relief from depression is one of their primary reasons for partaking in the herb, the limited science on the subject has yet to catch up to the consumer experience. What research has found, however, is that both dosage and the unique chemical composition of certain cannabis cultivars may play the most profound role when trying to figure out whether the herb has a positive or negative impact on depression. Research has unveiled that the primary psychoactive in the plant, tetrahydrocannabinol (THC), has…

MondayMar 18, 2019 12:37 pm

Cannabis Conference 2019 Expected to Attract More than 1,000 Growers and Marketers

If the attendance record of last year’s event is any guide, more than 1,000 cannabis cultivators, consultants, capital market pros, retailers and R&D professionals will assemble for the next-gen Cannabis Conference 2019 hosted by Cannabis Business Times and Cannabis Dispensary. The three-day event will be held on April 1-3, 2019, at the Westgate Las Vegas Resort and Casino in Nevada. Inaugurated in 2017, the annual Cannabis Conference is the leading cultivation and dispensary education symposium. As is usual, this year’s event will feature the latest industry technologies and solutions, with exhibits covering over 70,000 square feet of expo space (about the…