August 2022 - Page 5 of 7 - CannabisNewsWire

ThursdayAug 11, 2022 9:00 am

Advanced Container Technologies Inc. (ACTX) Establishing Foothold in Growing Billion-Dollar Vertical Farming Space

Vertical farming projected to reach more than $25 billion by 2030, with a CAGR of 23.3% MRFR report notes that “vertical farming systems and technologies offer a superior approach to farming methods” ACTX GrowPods are essentially vertical micro-farms that can be placed anywhere, allow cultivation of a wide variety of crops, 365 days a year A recent Market Research Future (“MRFR”) report shows that vertical farming is projected to reach more than $25 billion by 2030, with a CAGR of 23.3% (https://cnw.fm/kKdVm). Those numbers bode well for Advanced Container Technologies (OTC: ACTX), a company in the business of selling GrowPods,…

ThursdayAug 11, 2022 4:20 am

420 with CNW — Largest Employee Union Wants End to Testing Federal Employees for THC

For decades, federal employers have had the right to test their employees for cannabis used because of federal regulations that outlawed the cultivation, distribution and sale of marijuana. But as states have begun to legalize recreational and medical cannabis use, reform activists argued that these drug tests penalize consumers for indulging in behaviors that are considered legal in their home states. The largest federal employee union in the country is now calling on the government to put an end to policies that punish federal workers for using cannabis during their free time. The American Federation of Government Employees (AFGE) also…

WednesdayAug 10, 2022 4:20 pm

420 with CNW — New Research Finds Legalization Hasn’t Increased Number of Teens Trying Cannabis

Concerns around how the legalization of marijuana for adult use may prompt an increase in the number of young users have been floated by both parents and health researchers since talks on legalization began a decade ago. Critics against the policy change have even gone as far as to issue warnings with no evidence to back the claims. However, new research has found that the legalization of marijuana does not cause more young individuals to try using the substance. The study, which was conducted by researchers at Michigan State University, found that legalized marijuana retail sales did not increase the…

WednesdayAug 10, 2022 10:30 am

American Cannabis Partners Has Vested Interest in Cannabis Act Just Passed by U.S. House

MORE Act passed by House, now moves to Senate for consideration Bill would “reverse decades of injustices waged on Americans, and especially those from communities of color,” says House Judiciary chair American Cannabis Partners operates in two states, Michigan and California, where cannabis has been legalized The government is making moves once again to remove cannabis from the list of banned controlled substances, with the U.S. House of Representatives passage of the Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act (https://cnw.fm/9gXLk). The bill now moves to the Senate, and cannabis companies such as American Cannabis Partners (“ACP”) will be watching closely…

WednesdayAug 10, 2022 4:20 am

420 with CNW — Studies Question Usefulness of THC Testing to Establish Impairment

For decades, law enforcement has used standardized equipment called breathalyzers to determine the blood-alcohol content of drivers and police-impaired driving. These tests take mere seconds to administer and can give police a decent estimation of how impaired a driver is. As cannabis reform has swept across the country and more states have legalized recreational cannabis, law enforcement and cannabis legalization opponents have argued that legalizing cannabis will inevitably lead to higher levels of impaired driving and road incidents. We still don’t have a standard test to quickly measure delta-9 THC blood levels. Furthermore, there is relatively little evidence that the…

TuesdayAug 09, 2022 4:20 pm

420 with CNW — Health Canada Panel Gives CBD the Nod for Mainstream Retail

Cannabis extract cannabidiol (CBD) has become extremely popular over the past decade due to claims of its medical efficacy. CBD is said to be effective against a wide variety of medical issues, and it has even been approved as a major ingredient in a drug used to treat seizures in pediatric epilepsy. Additionally, the cannabinoid is so versatile in its applications that it can be infused in a range of foods and beverages and still be effective. However, there have been questions about whether approving CBD for mainstream retail would have adverse medical outcomes, especially considering the fact that it…

TuesdayAug 09, 2022 10:30 am

Advanced Container Technologies Inc. (ACTX) GrowPods May be Part of Solution to Global Food Security

In 2021, a staggering 45 million people were at emergency levels of acute hunger Providing access to food, sustainable food systems are key to WFP’s vision of eradicating food insecurity and malnutrition GrowPods create an optimum controlled environment for growing a wide range of crops in a variety of environments and climates With hunger on the rise again, companies and communities are working together to find realistic solutions. The world’s largest humanitarian organization, the World Food Programme (“WFP”), has identified access to food and sustainable food systems as two of eight key targets in its vision to eradicate food insecurity…

TuesdayAug 09, 2022 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces First Generation of CBD Products Under “Ko” Branding by Japanese Licensee Premier Wellness Science Co., Ltd.

Lexaria’s patented DehydraTECH(TM) has 26 granted patents worldwide, including four in Japan Lexaria stands to gain substantial revenue through the licensing of DehydraTECH technology across minimum quarterly payments for license use by Premier and royalties for products sold By 2028, the CBD market is expected to reach US$47.22 billion, driven by increased demand for CBD use in health and wellness Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms and developer of the patented DehydraTECH(TM) technology for the delivery of fat-soluble molecules and drugs, has announced that Japanese Licensee, Premier Wellness Science Co., Ltd., has officially launched the…

TuesdayAug 09, 2022 4:20 am

420 with CNW — Federal Health Agencies Consider Funding Research into Minor Cannabinoids

If you ask the average American if they know what cannabinoids are, they’ll probably mention delta-9 THC, the main psychoactive component in cannabis, or cannabidiol (CBD). These are the most abundant cannabinoids in the cannabis plant as well as the most popular. As a result, they have received a lot of public and scientific attention in the past couple of years amid sweeping cannabis reform. What many people don’t know is that the cannabis plant produces more than 100 cannabinoids, although most of them occur in small quantities. Cannabis also produces a variety of terpenes and flavonoids that significantly impact…

MondayAug 08, 2022 4:20 pm

420 with CNW — Governors’ Group Recommends Addressing Impaired Driving by Collaborating with Budtenders

As more states have passed cannabis legislation, cannabis reform opponents and even law enforcement have raised the question of how to police cannabis-impaired driving. This is a valid concern, especially when you consider the fact that there is no standardized test for cannabis blood levels. If the government would like to successfully discourage people from driving while under the influence of cannabis, a report from a governor’s group recently posited, it would have to ditch cannabis stereotypes and work with budtenders. The new report, which was issued by a group with the backing of all 50 governors’ offices, emphasizes that…

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Month: August 2022