March 2020 - Page 4 of 7 - CannabisNewsWire

MondayMar 16, 2020 4:20 pm

420 with CNW – Maine Issues 31 Conditional Licenses in First Wave of Licensing

Cannabis is becoming more and more popular these days, and it's not only due to its psychoactive properties. A while back, it was discovered that the controversial plant was filled with cannabinoids, a group of unique chemicals that have potent medicinal properties. What's more is quite a number of states have recognized this potential, and have taken steps to legalize both recreational and medical marijuana use within their borders. In Maine, preparations for this year's season are in full swing, with the Maine Office of Marijuana Policy issuing its first round of conditional adult-use marijuana business licenses. It gave provisional…

MondayMar 16, 2020 4:20 am

420 with CNW – Tennessee Legislators Table Medical Marijuana Bill

A bill which is seeking to legalize medical marijuana has been introduced in Tennessee’s House of Representatives by legislators. The bill, called House Bill 637, would permit patients with one or more conditions on the list of qualifying conditions to use medical marijuana. It would also establish a regulatory framework for the production and distribution of medical marijuana products. A Republican Rep. Ron Travis and a Democrat Rep. Jason Hodges introduced this year’s measure. Earlier this year, Republican Sen. Janice Bowling, reintroduced a similar bill in the Tennessee Senate. Last year, Senator Bowling also introduced a similar bill during the…

FridayMar 13, 2020 4:20 pm

420 with CNW – Why Have a Medical Cannabis Card if Recreational Pot is Legal?

With more and more states legalizing medical marijuana, and the laws differing from state to state, medical marijuana cardholders and applicants should review state and local regulations to avoid breaking them. As recreational marijuana laws within the states are passed, the state medical marijuana programs tend to suffer. Data from medical marijuana programs in Colorado and Oregon show that the number of patients in the MMJ database started declining months and years after its legalization of recreational marijuana. Although the medical market still serves its purpose, the purchasing of marijuana shifts towards the recreational market. Depending on state laws, medical…

FridayMar 13, 2020 12:03 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches New Brand, Extends Portfolio

PLUS was largest, best-selling infused gummies brand in California in 2019 Launch of new Plus Products CBDRelief brand extends portfolio into wellness and relief market Company plans another successful launch in strategic pursuit to become the world’s strongest cannabis brand Kleenex, Xerox, Coca-Cola: Through hyper-focused brand cultivation, these companies’ products have become symbols of their respective categories. As it strives to become the preferred edibles brand in the world, Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) is channeling this strategy, choosing a core product on which to build a strong brand name before branching out. As a result, Plus has…

FridayMar 13, 2020 4:20 am

420 with CNW – Canada Defends Cannabis Legalization Amidst International Skepticism

Canada has defended marijuana legalization amidst global scorn and said that since legal marijuana sales started in 2018, the black market has lost about 30% of its market share to the legal market, and the frequency of marijuana consumption has not changed among the youths as well as the young adults. Last week on Monday, the director-general for Health Canada Michelle Boudreau delivered the remarks above to the UN Commission on Narcotic Drugs. Boudreau's comments show that Canada’s decision to legalize marijuana was of benefit for public health, irrespective of the ongoing criticism from some countries. Canada approved the legislation…

ThursdayMar 12, 2020 4:20 pm

420 with CNW – Pennsylvania to Launch Cannabis Research at 8 Universities

Eight Pennsylvania universities are launching marijuana studies in collaboration with marijuana producers. Kent Vrana, who is a researcher at Penn State, said that since the research is being partially funded by the medical marijuana industry, the program is unique. Vrana further said that the Commonwealth of Pennsylvania is using tax dollars to fund the research. Vrana serves as the chairman of the department of pharmacology at Penn State College of Medicine, which is based in Hershey. Although marijuana is legal in both medical and recreational forms in many states, Pennsylvania’s medical marijuana law also includes the research program. Vrana is…

ThursdayMar 12, 2020 4:20 am

420 with CNW – 5 Successful People You Didn’t Know Consumed Marijuana

People have often assumed that marijuana consumers are lazy people with no future goals, and whose brain cells are slowly deteriorating. However, the reality is entirely the opposite, because while marijuana helps you relax when you are tired, you will find that some of the most famous and successful people in the world consume marijuana and this doesn’t detract from their productivity. DBS Analytics is a market research company, and recently they conducted a study which revealed that 20% of marijuana consumers in California and Colorado graduated with a master’s degree and that their annual income is higher than those…

WednesdayMar 11, 2020 4:20 pm

420 with CNW – 50 State Banking Associations Ask Senate to Pass Marijuana Banking Bill

On Friday, banking associations from 49 states, including Puerto Rico, sent a letter to the chairman and the highest ranking member of the Senate Banking Committee requesting them to approve the legislation seeking to protect credit unions and banks providing services to state-legal marijuana businesses. The letter, which was addressed to Senators Mike Crapo (R-ID) and Sherrod Brown (D-OH), stressed that they are not supporting marijuana legalization, but that they are in support of legislation passed by the House. The bill would prevent federal regulators from punishing banks that are working with legal marijuana companies. Last year, the House approved…

WednesdayMar 11, 2020 2:22 pm

O’Cannabiz Conference & Expo to Feature Over 100,000 Square Feet of Exhibit Space

With more than 100,000 square feet devoted to displays, demos and exhibits, it’s no surprise that O’Cannabiz Conference & Expo is being regarded as Canada’s premier cannabis event. The popular trade show will feature hundreds of exhibitor booths showcasing the diverse range of products and services offered by the cannabis community. The extensive display will encompass the O’Cannabiz Retail Zone, which will offer a plethora of products for purchase. O’Cannabiz Conference & Expo is slated for April 23-25, 2020, at the International Centre in Mississauga, Ontario. In addition to the extensive product displays, O’Cannabiz 2020 will feature a business conference…

WednesdayMar 11, 2020 2:12 pm

NECANN Boston 2020 to Feature Workshop on Host Community Agreements

For those contemplating entry into the commercial cannabis space in Massachusetts, a visit to NECANN Boston 2020 seems imperative. Slated for March 20-22, 2020, at the Hynes Convention Center, NECANN Boston 2020 will feature a workshop devoted to ‘Successfully Navigating the Mass Local Host Community Approval Process’. Massachusetts state law requires cannabis enterprises to execute a host community agreement (HCA) with the municipality in which they will be located. The focused workshop will provide valuable insight for those looking into the venture, and that’s only the beginning of what NECANN Boston 2020 has to offer. Additional conference workshops will focus…