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420 with CNW — Bipartisan Lawmakers Express Concern About Persisting Barriers to Marijuana Research

Two bipartisan Congress lawmakers have expressed serious concerns about the slow progress in implementing a measure that President Joseph Biden signed into law aimed at simplifying cannabis research procedures. Representatives Andy Harris from Maryland and Earl Blumenauer from Oregon sent a letter to the heads of the U.S. Health and Human Services (HHS) and the … Continue reading “420 with CNW — Bipartisan Lawmakers Express Concern About Persisting Barriers to Marijuana Research”

Reports Suggest DEA Resisting Pressure from White House to Reclassify Marijuana

According to a recently published article, some Drug Enforcement Administration officials may be resisting calls to move cannabis to a lower schedule. This has created tension with the White House, especially as the president continues to laud his role in spearheading the marijuana review. Certain officials appear to be contesting scientific findings from the U.S. … Continue reading “Reports Suggest DEA Resisting Pressure from White House to Reclassify Marijuana”

420 with CNW — Analysis of Differences Between Taxes on Marijuana, Sports Betting

In 2021, Arizona witnessed the legalization of two long-operating but previously illicit industries: sports betting and recreational cannabis. This change brought a surge of tax revenue to the state, with one industry outpacing the other significantly. While sports betting enjoys greater popularity per capita in the state, it contributes only a small percentage of the … Continue reading “420 with CNW — Analysis of Differences Between Taxes on Marijuana, Sports Betting”

420 with CNW — 2023 Marijuana Business Licenses Declined in US, Data Firm Says

The number of active cannabis company licenses in the United States saw a substantial dip in 2023, the first decline following years of steady increase, according to a recent CRB Monitor report. According to the data, there was a 4% drop in the number of active marijuana licenses in the U.S. between 2022 and 2023. … Continue reading “420 with CNW — 2023 Marijuana Business Licenses Declined in US, Data Firm Says”

Could Marijuana Hold Key to Addressing Pain Related to Aging?

Marijuana contains more than 100 compounds, the major ones being tetrahydrocannabinol (THC) and cannabidiol (CBD). Of the two primary compounds, THC induces a high when consumed while CBD does not. Research has found that some of marijuana’s compounds safeguard the brain’s neurons. Some of marijuana’s antioxidant properties can also fight oxidative stress, which influences aging. … Continue reading “Could Marijuana Hold Key to Addressing Pain Related to Aging?”

420 with CNW — Company Makes First Export of DEA-Approved Marijuana from Jamaica to US

A Jamaican-Canadian company based in Toronto and formed by Canopy Growth Corp. and Steep Hill Labs’ former employees, has completed what it asserts to be the inaugural DEA-approved export of marijuana products from Jamaica to the United States. The company, Pure Jamaican, alongside Seven-10 Pharmaceuticals, its manufacturing and cultivation division located in Montego Bay, Jamaica, … Continue reading “420 with CNW — Company Makes First Export of DEA-Approved Marijuana from Jamaica to US”

420 with CNW — Official Records Show Recreational Marijuana Sales in Canada Exceeded C$5B in 2023

In 2023, Canada’s recreational marijuana market boasted a value of approximately C%5.07 billion ($3.8 billion), a recent government report on retail sales stated. This reflects a 12.2% increase from the previous year, showcasing a trend of growth, albeit at a slower pace compared to earlier years, marking more than five years since the legalization of … Continue reading “420 with CNW — Official Records Show Recreational Marijuana Sales in Canada Exceeded C$5B in 2023”

Study Shows CBD-Dominant Marijuana Products Can Ease Anxiety While Negating Risks of THC

A new study has found that marijuana products dominant in CBD can ease anxiety more effectively in comparison to products that contain THC. THC and CBD are the two primary compounds found in marijuana. However, unlike CBD, THC induces a high when ingested. The study was carried out by researchers at CU Boulder. It is … Continue reading “Study Shows CBD-Dominant Marijuana Products Can Ease Anxiety While Negating Risks of THC”

420 with CNW — Modified Ballot Measure to Broaden Medical Marijuana Approved in Arkansas

Efforts to enhance accessibility to medical marijuana are gaining traction in Arkansas as advocates and industry stakeholders push for a constitutional amendment slated for the November ballot. Tim Griffin, the state’s attorney general, recently gave the green light to the proposed amendment’s ballot language after making some revisions. Now, supporters have until July 5, 2024, … Continue reading “420 with CNW — Modified Ballot Measure to Broaden Medical Marijuana Approved in Arkansas”

Germany Approves a Quasi-Legalization Marijuana Law

Germany recently passed a recreational marijuana legislation that decriminalizes marijuana, provides a foundation for cultivation social clubs and permits home growing. Under the legislation, cultivation social clubs are defined as not-for-profit organizations that allow members to obtain cannabis for recreational use. The law, which hasn’t yet been read in the Bundesrat, will be enacted on … Continue reading “Germany Approves a Quasi-Legalization Marijuana Law”