March 2022 - Page 6 of 7 - CannabisNewsWire

TuesdayMar 08, 2022 4:20 pm

420 with CNW — Cannabis and Civil Rights Reformers Want Legalization Bill Voted on in March

Last week, cannabis advocacy groups joined with civil rights groups to come together through a coalition and address the U.S.House. Through a letter, the groups called for a floor vote on a bill this month that would legalize cannabis on a federal level as well as promote equity. More than 20 organizations, including the National Urban League, American Civil Liberties Union and Human Rights Watch, came together under the Marijuana Justice Coalition (“MJC”). The coalition has mentioned that reform is needed since vote delay will lead to an increase in incarceration rates for cannabis-related offenses. The bill in discussion is…

TuesdayMar 08, 2022 9:00 am

Advanced Container Technologies Inc. (ACTX) Is ‘One to Watch’

ACTX is the exclusive U.S. distributor of Grow Pods, environmentally controlled micro-farms that allow cultivation of ultra-clean crops year-round ACTX is exploring the acquisition of the assets and the assumption of some or all of the liabilities of GP Solutions Inc., the developer and manufacturer of Grow Pods ATCX is established in the rapidly growing cannabis packaging industry The company is well positioned in multiple recession-resistant markets Advanced Container Technologies (OTC: ACTX) is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow Pods, along with related equipment and supplies. Additionally, the company designs and sells patented…

TuesdayMar 08, 2022 4:20 am

420 with CNW — Cannabis Companies in Germany Attract Investments as Nation Gears Up for Recreational Sales

Cannabis startups in Germany are experiencing an uptake in investment funding as they look to capitalize on the potential of legalization of recreational marijuana. This comes as the sector of medical marijuana, which is legal, is experiencing tremendous growth. Investment funding in the cannabis sector experienced a slow growth in 2020 before regaining its momentum last year. According to Stephen Murphy, the CEO and cofounder of marijuana research firm Prohibition Partners, this year has begun with a positive start as investors position themselves to benefit from the burgeoning market. Additionally, investors are looking forward to the legalization of recreational marijuana…

MondayMar 07, 2022 4:20 pm

420 with CNW — Local Authorities in California Start Granting Tax Relief to Cannabis Businesses

Local governments in the state of California are granting tax relief to marijuana businesses after state legislators failed to lower cannabis taxes. The tax rollbacks by counties and cities primarily reflect lobbying from local businesses and residents as well as industry organizations. The local governments have argued that taxing the industry at all levels of the supply chain is strengthening the illegal cannabis market while also making it hard for marijuana companies to stay afloat and conduct their business. Various localities including the counties of Sonoma and Humboldt and the cities of San Diego and Desert Hot Springs are a…

MondayMar 07, 2022 4:20 am

420 with CNW — Study Finds That Cannabis Use by Adolescents Doesn’t Affect Their Future Success

New research has found that the future success of adolescents who use amphetamines and marijuana will not be adversely affected if they quit the habit before hitting age 30. The study found that people who stopped using these drugs in early adulthood didn’t have lower life quality or relationship or economic success. The authors of the study explained that amphetamine and marijuana use and/or use disorder in adolescence didn’t appear to doom life success for individuals in adulthood, particularly for those who ceased using the drugs before the age of 30. The findings of this study were published I”n Addiction…

FridayMar 04, 2022 4:20 pm

420 with CNW — California Bill Hopes to End Employment Discrimination Against Cannabis Users

A new bill introduced to the California Assembly seeks to bring an end to employment discrimination against cannabis consumption outside work. Assembly Member Bill Quirk (D–CA) introduced the AB 2188 bill on Feb. 15, 2022, to stop discrimination based on testing of cannabis metabolites, which can be found in a consumer’s body fluids weeks after consumption. According to Lauren Mendelsohn, an attorney from California-based Omar Figueroa, the bill would prevent employers from firing or refusing to hire based on a person's off-duty use or detection of cannabis metabolites found in work-mandated tests. However, the bill exempts employers who are obligated…

FridayMar 04, 2022 2:55 pm

ZJ Events Presents Alternative Products Expo to Discuss the Potential of the Alternative Products Ecosystem

Vendors, businesses, industries, CBD & alternative product vendors, researchers, and professionals are invited to attend the Alternative Products Expo at Fort Lauderdale on March 11-13th, 2022. Organized by ZJ Events, the event group is committed to bringing the industry’s best alternative products traders, vendors, and enthusiasts under one platform, while offering a fun and enriching experience. Alternative Products Expo is evolving to include a wide gamut of products featuring novel products and services that are disrupting traditional markets. Alternative Products Expo strives to bring the best industry products to the consumers while creating networking opportunities for traders and vendors attending…

FridayMar 04, 2022 9:15 am

Studies Advance Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Technology for Significantly Improving Pharmaceutical Drugs

Lexaria Bioscience is dedicated to applying its patented technology to pharmaceutical drug offerings to enhance their performance and speed their rate of effective use The company’s flagship DehydraTECH(TM) technology has delivered numerous successes in studies of its potential for treating high blood pressure and heart disease, nicotine addiction, and virus infection Most recently, the company reported successes in increasing the speed and effectiveness in a drug treating erectile dysfunction (“ED”) in laboratory animals Lexaria is preparing an investigational new drug (“IND”) application for its hypertension line of study with the aim of achieving a new drug application (“NDA”) approval from…

FridayMar 04, 2022 4:20 am

420 with CNW — NCAA Committee Makes Recommendation to Increase THC Threshold for Drug Tests

The Committee on Competitive Safeguards and Medical Aspects of Sports under the NCAA recently announced new recommendations which stipulate that student athletes wouldn’t automatically lose their eligibility to play after testing positive for cannabis. The committee increased the threshold for THC, which constituted a positive test to 150 nanograms (“ng”) per ml from 35 ng per ml. This increase aligns the NCAA’s policy with the World Anti-Doping Agency’s policy. Various discussions on the NCAA’s rules on marijuana have been held by members these past few months. This latest decision is consistent with moves made in different professional sports leagues as…

ThursdayMar 03, 2022 4:20 pm

420 with CNW — USDA Asks White House to Authorize Large Hemp Survey

Last week the U.S. Department of Agriculture (“USDA”) put out a notice seeking approval from the White House to carry out a survey. The agency plans to partner with the University of Kentucky to conduct this follow-up to the first hemp survey released earlier this year on Feb. 17, 2022. According to the notice, the survey is designed to collect data that will be used to forecast hemp activity as well as provide more information on production practices and costs. Stakeholders lack consistent knowledge and information to navigate risks within the sector. The main purpose of the survey is meant…

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Month: March 2022