Search Results for: marijuana

Similar to the cannabis industry, the CBD industry is growing at a rapid rate, with forecasts showing that in less than a decade, the market will have a value in the billions. CBD, or cannabidiol in full, is produced by extracting oils from hemp. It has different uses and is becoming popular as an alternative … Continue reading “420 with CNW — Researcher Finds Alternative Use for CBD By-Product”

In late 2019, the United States was rocked by an outbreak of severe lung illness that took 68 lives and left an estimated3,000 individuals with ill health. Authorities soon found out that the cause of this lung disease breakout was illegal black market cannabis vaping products containing vitamin E acetate, a synthetic form of vitamin … Continue reading “420 with CNW — Study Shows Lung Injuries Linked to Tainted Vapes Were Low in Legalized Cannabis Markets”

When the 2018 farm bill legalized the cultivation and sale of industrial hemp and its derivatives, it opened the floodgates on an extremely lucrative market. With less than five years of legal sales under its belt, the hemp-derived cannabidiol (“CBD”) sector has seen hundreds of millions of dollars’ worth of product sales. Extracted from hemp, … Continue reading “420 with CNW — Mainstream Companies Want In on Growing CBD Sector”

Three years ago, the Supreme Court in Mexico ruled that the country’s ban on cannabis consumption was unconstitutional, ending decades of cannabis prohibition and requiring that lawmakers reform cannabis laws. Mexico’s Congress was granted a deadline to repeal prohibitionist cannabis policies, now considered unconstitutional, but policymakers failed to do so within the allotted time. Both … Continue reading “420 with CNW — Key Mexican Senator Outlines Cannabis Legalization Steps”

Hemp was federally legalized under the 2018 Farm Bill, which allowed farmers to begin growing this multifaceted crop. However, Congressional legislators are still working on changes to laws which govern the crop. Recently, Rep. Chellie Pingree previewed a bill that would ease restrictions on this flourishing industry. The bill, called the Hemp Advancement Act, includes … Continue reading “420 with CNW — Congresswoman Previews Hemp Legislation That Will Ease Industry Restrictions”

Millennials have been at the forefront of change for quite a while now. They were the first generation to grow up with the internet, and they played a significant role in the development of e-commerce. They are also holding off on homeownership, are waiting longer to marry, and have fewer kids. They are not concerned … Continue reading “420 with CNW — As Millennials Shun Alcohol, Alcohol Firms Start Eyeing Cannabis Drinks Segment”

In a recent interview, Senate Majority Leader Chuck Schumer revealed that he and his colleagues who are working to advance a bill to legalize cannabis at the federal level have a consensus to not get involved in the marijuana banking legislation until more broad reforms are advanced. Schumer noted that he was open to exploring … Continue reading “420 with CNW — Schumer Reveals Key Senators Agree Cannabis Banking Will Be Addressed After Legalization”

Last week, Gov. Gavin Newsom signed a legislation that would require hospitals to allow some patients to use medical cannabis. The governor of California signed the bill, having revealed that his concerns about an initial version of the bill that he had vetoed had been resolved. The sponsor of the legislation, Sen. Ben Hueso, has … Continue reading “420 with CNW — California Governor Enacts Bill Regulating Medical Cannabis Use in Hospitals”