NewsRoom Articles - Page 93 of 596

FridayAug 25, 2023 4:20 am

420 with CNW — German Cabinet OKs Recreational Marijuana Legalization Plan

The German government approved a preliminary statute, marking a significant step toward legalizing recreational cannabis. Under the upcoming legislation, adults would be permitted to own a maximum of 25 grams (approximately 0.9 ounces) of marijuana and cultivate up to three plants for personal use. Moreover, they could participate in not-for-profit "marijuana clubs," comprising up to 500 members, where the legal growth and purchase of the substance would be permissible. The bill's journey to becoming law is not yet complete. The legislation must be approved by German parliamentarians who are slated to reconvene on Sept. 4, 2023, after their summer recess.…

ThursdayAug 24, 2023 4:20 pm

420 with CNW — Analysis Shows Ohio Stands to Collect $404M in Annual Cannabis Taxes

Ohio has the potential to witness a substantial boost in its yearly tax revenue, reaching an impressive $403.5 million from the sales of recreational marijuana, according to a fresh analysis by researchers at Ohio State University. The researchers base their tax revenue estimations on the initial years of sales, drawing insights from comparable markets in other states. The study primarily hones in on the patterns of cannabis sales in Michigan, a neighboring state with a similar population size. Additionally, Michigan's tax structure bears a striking resemblance to the one that Ohio would likely adopt if the legalization measure gets the…

ThursdayAug 24, 2023 9:45 am

Alternative Products Expo: Pioneering the Counterculture Industry

Counterculture retail professionals, business executives, researchers, and industry leaders, are invited to attend Alternative Products Expo to be held in Las Vegas from September 14-16, 2023. Dedicated to promoting creativity, the much-awaited event will be focused on eco-friendly solutions and alternative products. The Expo is set to engage audiences with a wide range of unique and sustainable products that signify the latest trends and technological advancements. The Expo aims to empower participants to make informed buying decisions while contributing to a progressive, more sustainable future. By showcasing a wide range of ethically sourced and environmentally friendly alternatives, the Expo is…

ThursdayAug 24, 2023 4:20 am

420 with CNW — Health Insurance Premiums Lower in US Jurisdictions with Medical Marijuana

A recent International Journal of Drug Policy study has found that U.S. states with medical marijuana programs have seen major reductions in health insurance premiums. Compared to states without legal medical marijuana, the study observed that people in states with medical marijuana are paying lower insurance premiums. Analysis of 10 years’ worth of National Association of Insurance Commissioners private health insurance data revealed that once a state legalized medical marijuana sales, health insurance premiums “dropped dramatically.” Although the premium reductions were modest after the implementation of medical marijuana laws, yearly health insurance premiums in states with medical marijuana markets fell…

WednesdayAug 23, 2023 4:20 pm

420 with CNW — Germans Hold Rally Calling for Cannabis Legalization

Demonstrations rocked the German capital city of Berlin last weekend as hundreds of Germans joined the country’s yearly marijuana legalization protests. Held just days before the German country met to discuss the fate of a draft measure that would get rid of Germany’s ban on cannabis, several hundred protestors joined the annual Hanfparade (Hemp Parade) and called on the government to legalize cannabis. The rally began at the Berlin Rotes Rathaus (Red town hall) before the protestors walked a route that took them through the Unter den Linden boulevard and to the government district. Held every year since 1997, the…

WednesdayAug 23, 2023 4:20 am

420 with CNW — DOJ Claims Appeals Court Wrongfully Ruled Ban on Cannabis Users’ Gun Rights as Unconstitutional

The Department of Justice (DOJ) is requesting a favorable result in related litigation and has alerted a federal court that it thinks a different court's decision in a case involving cannabis and gun rights was made erroneously. The federal government wrote a one-page letter to the judges presiding over the Eleventh Circuit contesting a recent ruling by the Fifth Circuit Court, where it was concluded that the law forbidding individuals who consume cannabis from purchasing or owning firearms violates the Constitution. The DOJ is vigorously appealing this judgment because it is relevant to litigation pending before the Eleventh Circuit. Although…

TuesdayAug 22, 2023 4:20 pm

420 with CNW — Marijuana Smell Sparks Smoking-in-Public Debate

As more states have legalized recreational cannabis use for adults aged 21 year and older, a debate on public consumption and marijuana’s distinct smell has grown increasingly fierce. Most, if not all states with recreational and medical cannabis programs have outlawed public consumption and require that eligible adults consume and cultivate cannabis in private residences away from the public eye. However, marijuana smoke is a strong, pungent scent that can travel, especially when cannabis users are living in close quarters with other people, such as in apartments. This means that individuals abiding by state law and consuming cannabis in private…

TuesdayAug 22, 2023 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Affirms Product Superiority in Its 2023 Human Oral Nicotine Study, NIC-H22-1

Lexaria’s NIC-H22-1 study proved that its patented DehydraTECH(TM)-nicotine tobacco-free pouch was statistically significantly faster-acting than alternatives The study, which involved 36 participants, embraced a randomized, double-blind, cross-over study design It also affirmed Lexaria's product superiority while also showing DehydraTECH’s potential Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, just released results from its 2023 human oral nicotine study NIC-H22-1. Of note was its patented DehydraTECH(TM)–nicotine tobacco-free pouch product superiority, particularly when pitted against world-leading brands ZYN(R) and on!(R). The study proved that Lexaria’s product was statistically significantly faster than the two alternatives in the median time…

TuesdayAug 22, 2023 4:20 am

420 with CNW — Study Suggests Marijuana Users Are Less Predisposed to Type 2 Diabetes

A recently released analysis has found a link between a history of cannabis usage and a decreased incidence of type 2 diabetes in adulthood. The analysis was done on seven studies, which include four cohorts and 11 surveys, by researchers at Iran's Tabriz University of Medical Sciences. Compiling the findings, NORML stated that the four cohorts combined totaled more than 478,000 participants. The comprehensive analysis revealed that the chances of developing type 2 diabetes in those who had been exposed to marijuana were diminished by a factor of 0.48 compared to those without any marijuana exposure. The researchers highlighted that…

MondayAug 21, 2023 4:20 pm

420 with CNW — NAACP Reaffirms Support for Cannabis Legalization, Urges Protection of Industry Employees

The National Association for the Advancement of Colored People (NAACP) has reaffirmed its support for cannabis reform at the federal level and is calling on cannabis industry regulators to protect employee rights in the sector. During its 114th National Convention in late July, the civil rights organization adopted a resolution renewing its support for federal cannabis legalization. Although America is home to an incredibly lucrative state-legal cannabis industry that is spread across dozens of states, federal law still classifies marijuana as a Schedule I drug alongside narcotics like heroin and cocaine. While the industry has managed to grow into a…