December 2020 - Page 4 of 6 - CannabisNewsWire

MondayDec 14, 2020 3:16 pm

HempFusion Wellness, Inc. Raising the Bar for CBD Products as It Heads for Public Listing on Toronto Stock Exchange

HempFusion is one of 12 companies working on a study to address FDA comments about CBD and human interaction, studying the cannabinoid’s effects on the human liver The company could become publicly traded on the Toronto Stock Exchange as early as the week starting December 14, 2020 By 2025, the global CBD market is estimated to reach $23.6 billion HempFusion plans to extend product offering to include beverages, edibles, and pet products, which has become a growing segment in the CBD industry A leader in the health and wellness cannabidiol industry, HempFusion Wellness is raising the bar for CBD products…

MondayDec 14, 2020 4:20 am

420 with CNW — Feds Seek Help in Understanding Whether Kratom, Cannabis Can Treat Pain

As the short- and long-term effects of continued opioid use have become more apparent, people have started experimenting with safer alternatives. Cannabis and kratom, a tropical evergreen tree in the coffee family, have emerged as promising candidates. Cannabis has long been used as a medicine to treat everything from chronic pain to stress and anxiety. Leaves and leaf extracts from kratom, which is legal in the United States, have been used as a stimulant and sedative, and the natural substance has also been reported to be effective at treating chronic pain. A federal health agency is now conducting a review…

SaturdayDec 12, 2020 8:57 am

Experts Weigh in on Industry Opportunities and What’s Ahead at #CanndoraConnect: Women in Psychedelics

Canndora, a global media and event platform, and initiative created by Marigold Marketing & PR to support advancing women in emerging industries, hosted #CanndoraConnect: Women in Psychedelics on December 2nd, 2020. The event featured eight industry professionals and sold out with over 100 registrants from around the world. #CanndoraConnect featured notable panellists and key partners who shared their expertise on critical topics, including opportunities for international business in psychedelics and the science behind psilocybin and its role in women's health. The event was made possible with support from presenting partners, Red Light Holland (CSE: TRIP | OTC: TRUFF | FSE:…

FridayDec 11, 2020 4:20 pm

420 with CNW — Recreational Cannabis Legalization Advocates in Nebraska Aim for 2022

A group that was campaigning for the medical cannabis initiative on the November ballot in Nebraska is now planning to seek a vote on legalizing the use of recreational cannabis in the state. While their earlier initiative was unsuccessful, officials with Nebraskans for Medical Marijuana stated recently that in January 2021 they would be introducing the ballot language for the full adult use of cannabis. This would include both recreational and medical use. Adam Morfeld and Anna Wishart, advocates of the initiative, stated that they made this decision based on the ballot measure that was approved in South Dakota. That…

FridayDec 11, 2020 1:17 pm

CannAssist International (CNSC) Prepares to Take CBD Product Market by Storm

CannAssist International’s Xceptor Labs is active player within CBD-based product sector Global CBD product market is expected to rise in value from $4.6 billion in 2018 to over $23 billion by 2025 Xceptor Labs differentiating product range through use, development of proprietary CiBiDinol technology CiBiDinol technology covers the oil soluble CBD molecule with a water soluble carrier thereby increasing its bioavailability and enabling easier absorption of product Xceptor Labs has recently launched its Xceptol product line, comprised of topical pain creams, CBD-derived capsules, tinctures and pet drops CannAssist International (OTCQB: CNSC) is a biotechnological pharmaceutical and wellness company which has…

FridayDec 11, 2020 4:20 am

420 with CNW — Congress to Vote on Cannabis Research Bill

The House of Representatives will be voting on a federal cannabis reform measure this month. The bill will allow researchers to study marijuana from businesses in the state that are legal, which promotes research into cannabis. This comes after the chamber passed a bill to legalize cannabis federally last week, with members now focusing on the Medical Marijuana Research Act. The bill has been amended a few times and needs a two-third majority to be approved. The legislation’s bipartisan nature and its sponsorship from Rep. Andy Harris and Rep. Earl Blumenauer may help the bill get the go-ahead. The original…

ThursdayDec 10, 2020 4:20 pm

420 with CNW — Activists Resume Push to Legalize Recreational Cannabis in Florida

In January of this year, activists behind the Make It Legal Florida campaign announced that they would postpone their pursuit of cannabis legalization in the state until 2022. The campaign had raised and spent more than $8 million, ultimately collecting 555,000 valid signatures. However, this was more than 200,000 signatures shy of the required 766,000 signatures, and the marijuana legalization initiative did not make it to the September ballot. Make it Legal Florida has now resumed its bid to place a cannabis legalization initiative on the 2022 ballot. The 550,000 signatures it managed to collect are valid for two years…

ThursdayDec 10, 2020 4:20 am

420 with CNW — Gov. Murphy and NJ Lawmakers Agree on Terms of Cannabis Legalization

Drug reform was one of the major winners at the November ballot in many states. Five states voted to legalize cannabis in some form or the other, with voters in Oregon going as far as decriminalizing all drugs. In New Jersey, voters were asked a single question: whether they approved the legalization of cannabis for adults aged 21 years and over, and they agreed en masse. Unlike most cannabis reform initiatives, New Jersey Public Question 1 does not launch a legal cannabis industry. Instead, it tasked the state legislature with creating a regulatory framework for the cannabis industry and the…

WednesdayDec 09, 2020 4:20 pm

420 with CNW — Cannabis May Help Alleviate Your Phobias

It may be conceivable that everyone has a phobia; some are small while others can be crippling. Remember Ron Weasley and his phobia of spiders? While some people are only slightly fazed by their phobias, which are defined as irrational fears, others are significantly impacted by them, going as far as to avoid doing certain things or going to specific places because of them. According to the National Institute of Mental Health, nearly 19 million individuals in the United States have a phobia, making phobias a common mental disorder in the nation. Some evidence indicates that the use of marijuana…

WednesdayDec 09, 2020 4:20 am

420 with CNW — Congress Passes Bill Decriminalizing Marijuana

After decades of prohibition and harsh anti-cannabis policing, the House of Representatives has passed landmark legislation that would decriminalize cannabis federally. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act, which was introduced by House Judiciary Committee Chair Jerrold Nadler last July, seeks to repair some of the damage caused by the decades-long war on drugs. The bill would delete marijuana from the Schedule I Class of controlled substances in addition to expunging the records of those with prior nonviolent, cannabis-linked convictions. In the House, the bill ultimately passed along party lines, with 222 Democrats, 5 Republicans, and one Libertarian voting…