October 2023 - Page 3 of 5 - CannabisNewsWire

ThursdayOct 19, 2023 4:20 am

420 with CNW — Cannabis Growers in Canada to Benefit from $2.6B Federal Funding Program

Eligible Canadian marijuana cultivators and processors can seek financial support through the new Sustainable Canadian Agricultural Partnership program (Suitable CAP), valued at C$3.5 billion ($2.6 billion). The program could bring relief to the smaller players in Canada's marijuana industry that have been grappling with continuous deflationary pressures and intense competition, coupled with limited access to funds from private-sector lenders. The support provided by the Sustainable CAP will be an addition to various other federal funding sources that Canadian marijuana companies have been leveraging. These include the National Research Council Canada (NRC), the Industrial Research Assistance Program (IRAP), and the Scientific…

WednesdayOct 18, 2023 4:20 pm

420 with CNW — Ohio Voters to Decide on Recreational Cannabis Legalization

Ohioans are currently voting to decide the fate of a proposed initiative aimed at legalizing recreational marijuana. Early voting commenced on Oct. 11, 2023, with the statewide election scheduled for Nov. 7. The initiative, which bears the designation Issue 2 on the ballots, has been championed by the Coalition to Regulate Marijuana Like Alcohol. The campaigners spent more than a year pushing for the initiative to be included on the ballot since the Republican-controlled legislature would not expand on the present medicinal marijuana policy. Should the initiative gain approval, Ohio would become the 24th state to legalize recreational cannabis. This…

WednesdayOct 18, 2023 4:20 am

420 with CNW — Company Hopes Breathalyzer Will Curb Workplace Marijuana Use

California-based biotechnology company Hounds Lab has developed a first-of-its-kind breathalyzer with the ability to accurately detect cannabis use. The first model works by preserving breath samples and sending them to the lab for chemical analysis. However, the company is developing a second model that can deliver test results on scene. According to Hound Lab’s chairman of the board Mike Lynn, the company learned via extensive testing that smoked cannabis will trigger a 100% positive result within an hour of smoking, but the positivity rate declines to around 85% at two hours. Cannabis testing has been a contentious issue across the…

TuesdayOct 17, 2023 4:20 pm

420 with CNW — Census Bureau Report Shows Cannabis Firms Remitted $5.7B in Taxes

The Federal Census Bureau has unveiled its inaugural report on state-level cannabis tax revenue data. The report reveals that states raked in more than $5.7 billion from regulated marijuana sales over the span of 18 months, starting in July 2021 and ending in December 2022. This report's launch signifies a significant shift within some segments of the federal government, which are beginning to acknowledge the marijuana industry as a legitimate economic sector. The bureau initially disclosed its intention to gather marijuana tax data in January 2021 to incorporate into its quarterly summaries of local and state government tax earnings. Additionally,…

TuesdayOct 17, 2023 4:20 am

420 with CNW — International Report Says Drug War Compromises Efforts to Attain Environmental Justice, Fight Climate Change

An international coalition of advocacy groups has released a report outlining how the global war against drugs has compromised efforts to deal with the climate crisis and accelerated the environmental destruction of crucial ecosystems across the world. While the initial days of the drug war are long gone, especially in nations such as the United States, Canada and Australia, which are now embracing drug reform, its harmful effects are still felt in many facets of society. One of the most dire results of the drug war was almost unparalleled growth in the illicit drug market that has significantly contributed to…

MondayOct 16, 2023 4:20 pm

420 with CNW — Study Reveals No Major Change in Youth Cannabis Use Following Legalization in Canada

A recent study, featured in the JAMA Open Network, has shed light on the impact of marijuana legalization in Canada, specifically concerning its effects on young individuals and potential adverse consequences. The research, conducted in Ontario, focused on a cohort of young adults aged between 19.5 to 23 years, aiming to understand changes in marijuana consumption patterns and related outcomes. Over the span of three years, from February 2017 to February 2020, the researchers conducted surveys every four months, collecting data that encompassed both the pre- and post-legalization periods. The study involved 619 participants, with an average age of 21…

MondayOct 16, 2023 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands Ongoing Diabetes Study Program to Examine its Patented DehydraTECH(TM) Technology with Launch of Human and Animal Studies for Oral GLP-1 Drugs

Lexaria recently announced its intention to launch new human and animal studies exploring its patented DehydraTECH(TM) technology on GLP-1 drugs for the potential treatment of diabetes The studies will build on what Lexaria has achieved so far since it started its diabetes-related studies in 2022 Its DehydraTECH-CBD demonstrated an almost three-fold improvement in drug delivery into the blood in its DIAB-A22-1 diabetes study compared to the DehydraTECH-CBD formulation used in its HYPER-H21-4 hypertension study These studies follow Lexaria’s announcement of its intention to study weight loss and diabetes control in a human population using DehydraTECH Lexaria Bioscience (NASDAQ: LEXX), a…

MondayOct 16, 2023 4:20 am

420 with CNW — Georgia State Residents Could Soon Access Medical Cannabis in Pharmacies

Officials in Georgia recently announced that the state would begin to provide medical cannabis products in pharmacies statewide. Last week, the state’s pharmacy board started accepting applications for independent pharmacies that wanted to take part in the exercise. Once applications have been submitted, all pharmacies will have to undergo inspection before they can receive approval from the board. Thus far, almost 120 drugstores have agreed to provide drugs from Botanical Sciences, one of the licensed production companies in the state. It is expected that it will take a couple of weeks before medical cannabis is available in pharmacies. At the…

FridayOct 13, 2023 4:20 pm

420 with CNW — DOJ Defends Ban on Gun Rights of Medical Cannabis Users in Federal Appeals Court

A federal court of appeals recently held oral arguments in a case addressing the constitutionality of the federal ban that prevents medical cannabis patients from buying or owning firearms. The proceedings unfolded before a three-judge panel of the U.S. 11th Circuit Court of Appeals, where lawyers representing the Justice Department and Florida's medical marijuana patients presented their respective arguments. The case has been extensively discussed through numerous briefings spanning over a year. The plaintiffs’ attorney, Will Hall, outlined two key reasons supporting the federal ban’s unconstitutionality. Firstly, Hall argued that regardless of whether marijuana usage is lawful, committing a crime…

FridayOct 13, 2023 4:20 am

420 with CNW — Advocates, Lawmakers Push Biden for More Action as His Mass Pardons Order Reaches Year Mark

One year after President Joe Biden ordered a mass cannabis pardon and called for a review of marijuana’s status at the federal level, advocates and lawmakers are pushing for more marijuana action. President Biden based part of his campaign on cannabis reform and pledged to do things such as pardon Americans with cannabis-related convictions, something his administration set out to do a year ago. However, cannabis advocates and lawmakers have long argued that the administration could do more to further cannabis reform in the country, calling on the Biden administration to fulfill its cannabis promises in full and on time.…

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Month: October 2023