April 2020 - Page 4 of 7 - CannabisNewsWire

FridayApr 17, 2020 4:20 am

420 with CNW – COVID-19 Reshapes the Marijuana Industry’s Long Term Outlook

Three months after the Coronavirus first appeared in Wuhan, China, it has infected over 2 million individuals and claimed at least 130,000 lives worldwide. Experts say more than 70% of the world's population may end up infected with the virus, and that we may have to practice social distancing in sporadic periods until 2022 to make sure it is completely eradicated. It's safe to say the pandemic isn't going away any time soon. To help curb the spread, most governments have ordered lockdowns, requiring people to self-isolate and all but the most essential businesses to shut down. This has been…

ThursdayApr 16, 2020 4:20 pm

420 with CNW – Coronavirus Outbreak Casts Doubt on Cannabis Legalization Plans in Mexico

The Coronavirus pandemic has without a doubt thrown the world into a panic and confusion not seen since the Spanish flu. With over 2 million people infected worldwide and more than 100,000 lives lost, the situation is clearly dire, and governments across the globe have been scrambling to prevent a global catastrophe. This has mainly consisted of passing measures to encourage social distancing and self-isolation. In the U.S., cannabis has been deemed essential by most states with legal marijuana programs, thus allowing the industry to keep operating during the lockdown. However, the pandemic has led to the cancellation of global…

ThursdayApr 16, 2020 12:14 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Sends First Shipment of Premium Medical Cannabis to Israel

Shipment of medical cannabis to Israel represents a new international revenue opportunity for Supreme Cannabis Truverra-branded product will be sold through Israel’s largest and leading producer of medical cannabis and cannabis product The cannabis was grown at Supreme Cannabis’ premium, indoor, hybrid cultivation operation located in Ontario The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a company dedicated to growing the world’s best cannabis and becoming a leader in the global cannabis industry, completed a landmark shipment of medical cannabis from Canada to Israel. The shipment contained Supreme Cannabis’ premium medical cannabis product, which will be sold…

ThursdayApr 16, 2020 4:20 am

420 with CNW – 5 Welcome Trends for Cannabis Amid Coronavirus Pandemic

The past few weeks haven't been easy for most industries, starting as soon as parts of China started locking down to curb the spread of the Coronavirus. It quickly became apparent that a lot of industries rely on China for cheap raw materials, and as factories slowed down manufacturing in the country, most industries were faced with supply chain disruptions. At the moment, the virus has infected over 1.9 million people and claimed at least 120,000 lives. Governments have been scrambling to flatten the curve, but most of the Coronavirus measures have wreaked havoc on the economy. However, one industry…

WednesdayApr 15, 2020 4:20 pm

420 with CNW – Virginia Governor Signs Marijuana Decriminalization Bill

Marijuana's journey from prohibition to partial acceptance by some states has been long and difficult. Currently, dozens of states have medical marijuana programs, and even fewer allow adult recreational use within their borders. Still, the number is slowly growing, as evidenced by the numerous drug reform campaigns prior to the Coronavirus pandemic. Virginia joins the list after the Governor announced on Sunday that he had approved a bill to decriminalize marijuana possession. It was passed by legislators and transmitted to his desk in March, and it would make possessing up to one ounce of cannabis punishable by a $25 fine…

WednesdayApr 15, 2020 4:20 pm

420 with CNW – COVID-19 Throws Oregon Marijuana 4/20 Plans in Disarray

When the Coronavirus first appeared in Wuhan, China last year, no one could have even imagined the impact it would have. The virus has infected over 1.9 million people and left at least 120,000 dead. With roughly 3 billion people under lockdown and all but the most essential businesses shut down, the global economy has been on a downturn. The cannabis industry was lucky enough to be deemed essential by most states which have legalized marijuana. On top of that, these states have passed measures to help cannabis businesses transact with their customers as safely and responsibly as possible, such…

TuesdayApr 14, 2020 4:20 pm

420 with CNW – Washington State Halts Marijuana Research in Order to Respond to Coronavirus Outbreak

The past month or two hasn't been easy for a lot of countries. The Coronavirus pandemic has infected over 1.9 million people worldwide and claimed at least 118,000 lives, and experts say the virus may infect up to 70% of the world's population. Even before the virus had left South Asia, most of the world was experiencing supply chain disruptions and the economic fallout has only gotten worse as the virus spreads. Now, with healthcare systems almost collapsing and all but the most essential businesses closed down, the economy is taking quite a hit. The U.S. has become the epicenter…

TuesdayApr 14, 2020 11:35 am

Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Expands Reach into Preclinical Trials, Alternative Medicine

Dedicated to the health-conscious consumer Expanded preclinical trial pipeline by entering into definitive agreement to acquire Tassili Life Sciences Corp Expanding brand into alternative medicine by entering into a definitive agreement to acquire Novoformulations Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496), a Canada-based company dedicated to the distribution of artisanal medicinal mushroom-infused products, is expanding its portfolio with the health-conscious consumer in mind. SHRM recently entered into a definitive agreement to acquire two separate companies: Tassili Life Sciences Corp. and Novoformulations, a specialty biotechnology company. SHRM recently announced it has expanded its preclinical trial pipeline by entering into…

TuesdayApr 14, 2020 4:20 am

420 with CNW – The FBI is Reviewing its Internal Policy on CBD

In December 2018, Congress passed the Farm Bill, a bill that legalized industrial hemp, a non-psychoactive variety of cannabis, after decades of prohibition. While the plant is insanely versatile, its main draw is cannabidiol, or CBD. Produced by industrial hemp in high quantities, CBD is a potent natural medicine with a plethora of uses. However, most of the evidence of its medical abilities is anecdotal. So although consumers swear by its abilities, the science doesn't fully back them up yet. Given CBD's ambiguous legal position and due to its connection to marijuana, several organizations have taken a tough stance against…

MondayApr 13, 2020 4:20 pm

420 with CNW – Study Finds Vaping Related Lung Injuries Were Few in States with Legal Marijuana

From August to November 2019, the nation was rocked with a crisis. Over 2,200 individuals were affected by e-cigarette or vaping, product use associated lung injury (EVALI), with over 47 individuals dying in 25 states. And with the growing popularity of vaping as a safe alternative to smoking, the crisis left the cannabis industry in quite a precarious position. "The popularity of vaping is a central pillar of our forecasts of the future growth of cannabis sales, so it's crucial for cannabis industry professionals to understand the impact the vaping crisis will have on the market and how best to…