May 2023 - Page 6 of 7 - CannabisNewsWire

FridayMay 05, 2023 4:20 am

420 with CNW — Schumer Applauds Refiling of Cannabis Banking Bill

Chuck Schumer, the Senate Majority Leader, has reaffirmed his commitment to pursuing marijuana banking legislation that includes criminal justice provisions and described the broader endeavor to undo the damage caused by the drug war as a moral duty for Congress. Schumer reiterated his intent to pass the SAFE Banking Act, which had been refiled the day before by bipartisan members of the house and senate, during his speech on the House floor this week. He also promised to keep working on a more comprehensive package that supports industry equity and justice for those impacted by the drug war. The measure,…

ThursdayMay 04, 2023 4:20 pm

420 with CNW — Minnesota Senate Passes Measure to Legalize Cannabis

The senate in the state of Minnesota recently passed a measure to legalize cannabis. The measure, introduced by Senator Lindsey Port, was approved in a close vote of 34 to 33. This comes a few days after a companion reform resolution was approved in the House. On the floor, Port stated that the prohibition of marijuana was a failed system that hadn't achieved its desired objectives, noting that it had greatly cost communities of color. Port continued that the measure’s approval would help establish a system of regulation that worked for businesses and consumers in the state, while also ensuring…

ThursdayMay 04, 2023 9:00 am

NECANN Connecticut Cannabis & Hemp Convention to Deep Dive Into the Rapidly Changing Cannabis Industry

The 2023 Connecticut Cannabis & Hemp Convention is being held at one of the most prestigious locations in Connecticut, the XL Center, 1 Civic Center Plaza in Hartford, CT on May 20-21, 2023. NECANN takes note of reputable brands, as well as creative entrepreneurs on the scene, to create a vibrant blend of exhibitors, speakers, and panelists, that keep attendees engaged and inspire repeat visits to events. The convention attracts industry-leading professionals who will present the latest insights into the cannabis industry. With expert speakers and exhibitors, the convention will have it all: science, cultivation, new opportunities, legal, branding, business…

ThursdayMay 04, 2023 4:20 am

420 with CNW — Legislators in Hawaii Pass Measure Urging Governor to Establish Clemency Program

Legislators in the state of Hawaii have passed a measure urging the governor to establish a clemency program for individuals with previous cannabis convictions on their records. The measure, which was approved by the House earlier last month, was championed by Representative Jeanné Kapela. The legislation states that the prosecution of marijuana offenses has deprived many of access to housing, higher education, individual liberty, the right to vote, and employment, with the overall drug war destroying indigenous, immigrant and low-income communities. It also calls attention to the mass pardon issued by President Joseph Biden in October 2022 for persons with…

WednesdayMay 03, 2023 4:20 pm

420 with CNW — Maine Legislator Files Anticipatory Bill to Facilitate Cannabis Interstate Commerce

A proposal that would enable Maine to sign interstate marijuana commerce contracts with other U.S. states that have legalized cannabis has been presented by a state legislator. Democratic Representative Joseph Perry's bill would permit, with certain restrictions, the transportation, manufacturing, testing, acquisition, distribution and sale of marijuana or cannabis-related items entering and exiting Maine. According to the legislation, such agreements are only permitted if the federal statute is changed, financing for interstate implementation is restricted and the Justice Department issues a statement stating that allowing trade between states would not put the state at greater risk of enforcement actions. Businesses…

WednesdayMay 03, 2023 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX), Featured in Recent Research Report by Zacks SCR

Zacks recently released a research report covering Lexaria Bioscience, a global innovator in drug delivery platforms The report discusses the company’s ongoing research and development (“R&D”) programs, forecasting penetration into global markets for hypertension, oral nicotine delivery, and antiviral product categories Lexaria is targeting conditions with significant market potential, including hypertension, diabetes, dementia, and seizures These programs position the company for entry into collaborative opportunities to support further growth and provide growth capital Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, featured in a recently released research report from Zacks Small-Cap Research (“SCR”) (https://cnw.fm/R891E). The report considers…

WednesdayMay 03, 2023 4:20 am

420 with CNW — Study Finds No Elevated Risk of Psychosis Resulting from Marijuana Use

Even though some experts claim the association between cannabis use and psychosis is exaggerated, a recent study found a connection between high-potency cannabis addiction and a higher risk of psychosis. However, another study that was just released in the “Psychiatry and Clinical Neurosciences” journal offers a different viewpoint, concluding that cannabis usage does not raise the chance of psychosis, even in people who are predisposed to the condition. The study was carried out by an international team of researchers from Europe, Australia and the United Kingdom. The authors discuss the background of previous research on this particular topic, pointing out…

TuesdayMay 02, 2023 4:20 pm

420 with CNW — Australia’s Medical Marijuana Market May Soon Surpass Canada’s

The medical marijuana industry in Australia is expected to grow significantly this year, with some experts noting that the market may even outdo the medical cannabis sector in Canada. Australia legalized medical cannabis in 2016. Patients using medical marijuana in the country usually access the drug from an approved prescriber or through the Special Access Scheme Category B (SAS-B) system. Data from the Therapeutic Goods Administration shows that the number of patient approvals under the SAS-B system increased in the period between 2018 and 2021, before declining last year. The primary cause of the decline in approvals was the implementation…

TuesdayMay 02, 2023 4:20 am

420 with CNW — Coalition Urges Biden Administration to End Federal Prohibition, Deschedule Marijuana

A coalition made up of more than 80 groups recently penned a letter to President Joseph Biden asking that he put an end to the federal prohibition of cannabis. In the letter, the coalition stated that too many lives had been affected by the country’s failed approach to marijuana and urged that the administration support comprehensive cannabis reform bills in Congress. This includes measures such as the Cannabis Administration and Opportunity Act., which deschedules cannabis, establishes a regulatory framework for marijuana markets and repairs the past harms of prohibition. Marijuana criminalization has led to the unfair targeting of Black, Indigenous…

MondayMay 01, 2023 4:20 pm

420 with CNW — Pennsylvania Bill Seeks to Let Nurses Administer Medical Cannabis to Students

Representative Malcolm Kenyatta of Pennsylvania's state legislature says he intends to introduce a measure that allows school nurses to give medical cannabis to students. According to the state’s health department, the administration of medical cannabis to students with severe medical conditions under a Patient Authorization Letter is supported by both the departments of health and education, as long as a safe environment is maintained for all students while on school premises. The current guidelines state that: Parents, caregivers or legal guardians may deliver medical marijuana to their children or students on school grounds if they provide a copy of the…