August 2024 - Page 5 of 5 - CannabisNewsWire

MondayAug 05, 2024 10:00 am

Latest NY Crackdown on Illicit Marijuana Outlets Starting to Stem the Vice

When the state of New York legalized adult-use marijuana, thousands of retail outlets started selling the substance without first obtaining licenses. These illegal establishments defied the authorities and remained open for more than a year due to lax enforcement. However, their luck turned when the state enacted new regulations in April. The office of the sheriff in New York City reveals that since the laws were strengthened in April, approximately 700 unlicensed cannabis shops have been closed. This success is largely attributed to the increased enforcement powers that local authorities were given in the new laws, and the opening of…

FridayAug 02, 2024 4:20 pm

420 with CNW — Nearly 43,000 Comments Sent to the DEA; Highlights Shared Here

The public comment period for the U.S. Drug Enforcement Administration’s (DEA) proposed marijuana rescheduling rules recently ended, and now the agency will analyze the responses, marking the first time they are considering public opinions on cannabis. Approximately 43,000 comments were submitted by individuals, researchers and organizations, making it the highest number of responses the DEA has ever received for a proposed regulation change. The drug markets and legal regulation director at the Drug Policy Alliance, Cat Packer, highlighted that the huge response demonstrates the public's great interest in cannabis legalization in the United States. People used this opportunity to share…

FridayAug 02, 2024 10:00 am

NTSB Writes to DEA Expressing Concerns about Marijuana Rescheduling

Earlier this month, the National Transportation Safety Board (NTSB) wrote to the U.S. Drug Enforcement Administration (FDA) highlighting its concerns regarding a rule that would reschedule marijuana under the Controlled Substances Act. The board explained that moving marijuana to Schedule 3 would prevent continued testing for cannabis use by transportation employees as labs certified by the U.S. Department of Health and Human Services (HHS) aren’t permitted to test for substances under this category. It implored the DEA to make sure that rescheduling cannabis didn’t compromise employee testing as this would have implications on the certification of school bus drivers. The…

FridayAug 02, 2024 9:00 am

Software Effective Solutions Corp. (SFWJ) Dedicated to Becoming Leader in Growing Cannabis Sector

A recent report projects that the cannabis market, which totaled an estimated $27.7 billion in 2022, will reach $82.3 billion by 2027 The forecast includes businesses and enterprises involved in the cultivation, processing, distribution and sale of cannabis and cannabis-related products MedCana is building technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts to the world With the worldwide cannabis market projected to see a compound annual growth rate (“CAGR”) of 24.3% in the next three years, Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) is committed to strengthening its foothold in the growing space. The company, which…

ThursdayAug 01, 2024 4:20 pm

420 with CNW — Thai Minister Reveals Government Will Draft Measure to Regulate Adult-Use Marijuana

Thailand’s government seems to be reconsidering its previous commitment to banning recreational cannabis, with a minister proposing a shift toward regulating the rapidly growing industry. Bhumjaithai Party leader and Interior Minister Anutin Charnvirakul stated that Srettha Thavisin, the prime minister, had decided to look into the possibility of drafting a bill to regulate cannabis sales and use instead of outright banning it. Anutin thanked the prime minister for taking up the matter and choosing to pass legislation. His party played a significant role in the decriminalization of marijuana in 2022. He also noted that the administration will allow different political…