420 with CNW Archives - Page 261 of 292

ThursdayMay 16, 2019 4:20 am

420 with CNW – New Jersey May Turn to a Referendum to Legalize Recreational Marijuana

As it becomes increasingly clear that the bill to legalize recreational marijuana is unlikely to get enough support in the New Jersey senate, lawmakers are beginning to consider the possibility of letting voters make the decision through a referendum in 2020. It is now six weeks since a vote on the legalization bill was suddenly called off, but legislative leaders and Gov. Murphy don’t seem to have made any progress is securing the “2-5 votes” needed to guarantee that the legalization bill will pass on the senate floor. The Assembly doesn’t have the same problem and they are just waiting…

WednesdayMay 15, 2019 4:20 pm

420 with CNW – Medical Marijuana Edibles Now Legal in Maryland

Edible medical cannabis products are now legal in Maryland after Gov. Larry Hogan signed two related bills on Monday this week (May 13). Medical marijuana businesses stand to boost their revenue potential with the addition of these products to their offerings. The medical marijuana edibles bill was signed along with a related antitrust law on the same day. There are three major highlights of those two laws as explained below. First, no single individual or business entity will be allowed to get more than four medical marijuana dispensary licenses in the state. This provision is intended to spread the economic…

WednesdayMay 15, 2019 4:20 am

420 with CNW – Medical Cannabis Home Delivery Service Begins in Michigan

Medical marijuana provisioning centers (dispensaries) have started delivering medical cannabis to the front doors of patients who order for products online. Utopia Gardens LLC, based in Detroit, was the first dispensary to take advantage of the legal changes permitting medical cannabis delivery. Donnell Cravens, the manager of Utopia Gardens, explains that home delivery was a better way to serve patients, some of whom were undergoing chemotherapy which made it hard for them to move out of their homes in order to buy medical marijuana products. According to LARA, the state body charged with regulating the medical cannabis industry in Michigan,…

TuesdayMay 14, 2019 4:20 pm

420 with CNW – Patients Still Face Challenges Accessing Medical Marijuana, Toronto Conference Attendees Reveal

One would imagine that once a country or jurisdiction legalizes medical cannabis, then the patients there will find it easy to access prescription medical cannabis products. Sadly, this isn’t the case as panelists and attendees of the Medical Cannabis Conference in Toronto last week revealed. The first major challenge that medical cannabis patients face is the high prices of products. A clear example of this is in Canada which has had medical marijuana since 2001. Gerald Major, who is the president of a medical cannabis advocacy group in Canada called Canadians for Fair Access to Medical Cannabis, revealed during the…

TuesdayMay 14, 2019 4:20 am

420 with CNW – Health Canada Changes Tactics in a Bid to End Cannabis Shortages

Tired of the endless cannabis shortages which have threatened to hand the legal cannabis industry back to the black market, Health Canada has come up with a new way to increase how soon a newly licensed cultivator can start growing cannabis. The solution that Health Canada wants to start implementing entails giving production licenses to entities which already have a cultivation facility ready. This means that companies which want to grow cannabis will have to first construct the greenhouses they intend to use so that the facilities can be ready for inspection by Health Canada. Facilities which pass the inspection…

MondayMay 13, 2019 4:20 pm

420 with CNW – 38 Attorneys General Urge Congress to Open Banking System to Marijuana

Thirty-eight attorneys general have written a letter to Congress asking the lawmakers to pass legislation which will enable the banking industry to receive money from legitimate marijuana businesses. The attorneys general are from different states and territories where marijuana is legal in some form. While more than 33 states have legalized medical marijuana and 10 states plus the District of Columbia have legalized recreational cannabis, the federal government still regards marijuana as an illegal substance. This federal government position means that banks face a risk of federal enforcement action if money from the cannabis industry finds its way into any…

MondayMay 13, 2019 4:20 am

420 with CNW – China Reaps from Cannabis Industry Boom

Look around your home and nearly half (or even more) of the products you see may have been made in China. Now China has jumped into the fray and it is bringing loads of CBD to the market in cosmetics, ingestible oil and other products. This boom is largely centered in just two of China’s 34 provinces. These provinces are cultivating the plants even if Chinese law is very strict on psychotropic drugs, with death sentences routinely handed out to drug traffickers. Hanma Investment Group is one of the first companies that secured a license to grow cannabis in Southern…

FridayMay 10, 2019 4:20 pm

420 with CNW – Ontario Cracks the Whip on Retailers Who Failed to Open on Time

The government in Ontario has enforced the penalties which were written into the conditions for the businesses that were selected to open the first offline cannabis retail stores. The businesses were mandated to open for business by April 1 this year. Hundreds of companies applied for brick-and-mortar recreational cannabis retail store licenses. However, the province decided to use a lottery to select just 25 businesses because of the persistent supply shortages in the country. The regulators felt that it would be pointless to license many businesses yet those businesses could not be certain that they would have access to inventory…

FridayMay 10, 2019 4:20 am

420 with CNW – Data Confirms that Cannabis Sales Were Boosted on 420

Data collected shows that cannabis sales were higher on 4/20 in line with the predictions that had been made regarding the effect of the marijuana “holiday” on sales. Headset, a cannabis industry analysis company, had initially predicted a 100 percent increase in sales on that day. The data that they collected shows that marijuana sales on 4/20 actually exceeded what had been predicted since sales increased 128 percent when compared to the volume of sales registered on the previous four Saturdays. The report released by Headset also shows that the “eve” of 4/20 was also good for cannabis retailers since…

ThursdayMay 09, 2019 4:20 pm

420 with CNW – Georgia Governor Signs Cannabis Oil Bill

Gov. Brian Kemp has signed a bill that will make it possible for licensed entities to produce and distribute oils and other products which have limited amounts of plant-derived THC. House Bill 324 also lays the ground for the establishment of a commission to regulate and oversee the production, manufacture and dispensing of products having the specified amounts of THC to patients who have been registered to receive those products. Under the bill which has now been signed into law, the state will cooperate with Georgia University to manufacture THC-infused extracts and oils. A maximum of six cultivators will be…