Cannabis Stocks Archives - CannabisNewsWire

TuesdayMar 25, 2025 10:00 am

40% of Veterans With Chronic Pain Say They Use Cannabis to Ease Symptoms

A recent study has revealed that four in every ten U.S. military veterans suffering from chronic pain use cannabis to manage their symptoms. Published in the journal Global Advances in Integrative Medicine and Health, the study found that 40% of veterans turn to marijuana to alleviate issues related to pain, sleep disturbances, and mobility challenges. Additionally, a significant number of veterans reported using cannabis to cope with stress, anxiety, and post-traumatic stress disorder (PTSD). The study also highlighted the overwhelming support for open discussions about natural remedies in healthcare, with 98% of surveyed veterans stating that medical providers should educate…

FridayMar 21, 2025 10:00 am

AMA Study Finds Halting Cannabis Testing of Pregnant Mothers Boosts Racial Parity, Doesn’t Harm Kids

A study by the American Medical Association (AMA) has found that discontinuing marijuana testing in pregnant women has improved racial parity without causing harm to newborns. As more than two dozen states now allow recreational marijuana use for eligible adults, tens of millions of people have easy access to the drug. Cannabis testing has become an increasingly divisive issue in the U.S. over the past several years, particularly concerning pregnancy. Given the history of disproportionate cannabis-related policing in minority communities, many advocates have expressed concerns that targeted marijuana testing of pregnant women could have negative consequences. The recent AMA study…

ThursdayMar 20, 2025 10:00 am

Marijuana Advocates Unhappy with Bills Seeking to Modify Ohio Law

Cannabis advocates in Ohio are expressing frustration with state lawmakers for pushing legislation to modify the state's marijuana laws. Since voters approved a measure to legalize recreational cannabis in November 2023, GOP leaders have been working to impose more restrictive policies. In late February, Ohio Senate Republicans passed a measure that would significantly alter the state's cannabis policy. Some of the most notable changes include limiting the number of plants that eligible adults can grow at home and reducing the amount of THC allowed in cannabis products. The bill would also change how Ohio allocates tax revenue from cannabis sales…

TuesdayMar 18, 2025 10:00 am

Delays in Launching Delaware Adult-Use Marijuana Sales are Frustrating Entrepreneurs, Advocates

Entrepreneurs in Delaware are growing increasingly frustrated with the state's slow rollout of recreational cannabis sales. Although Delaware legalized recreational marijuana in 2023 and was expected to launch sales this spring, several obstacles have put the launch on hold. Zoning issues and fingerprint check delays are just a few of the issues that have held back the launch of adult-use cannabis sales and left many Delaware entrepreneurs risking massive losses and even bankruptcy. Delaware Cannabis Industry Association president James Brobyn says cannabis retailers are ‘sitting on their hands’ and waiting for recreational cannabis sales to begin. According to activists, Delaware…

FridayMar 14, 2025 10:00 am

Mariners Remain Stuck in a Cannabis Testing Gray Area

Testing for cannabis is making it increasingly harder for maritime companies to hire employees. Pre-employment drug tests have been a staple in the U.S. for several decades now but maritime employers say they are limiting the pool of eligible employees they can tap into. Dozens of states may have legalized medical and recreational marijuana, but the drug remains controlled at the federal level. As a result, some employers are required by law to test job applicants and current employees to check for cannabis and other controlled substances during drug tests. But as the third most popular drug in the U.S.…

ThursdayMar 13, 2025 10:00 am

Activist Says White House Called for Federal Cannabis Legalization Proposal

A drug reform advocate has revealed that the Trump administration is inviting proposals for federal marijuana legalization. The activist said that they attended a recent event where they discussed the matter of federal cannabis reform with a White House staffer and were invited to write a proposal explaining why President Trump should support legalizing cannabis at the federal level. While President Trump isn’t a big proponent of legalizing recreational marijuana, he doesn’t oppose the idea of cannabis reform either. He has expressed support for medical marijuana in the past and said that legalizing the controversial drug should be a state…

TuesdayMar 11, 2025 10:00 am

Canadians Think Justin Trudeau’s Highlight Was Marijuana Legalization, Poll Finds

A recent poll has found that Canadians believe outgoing Prime Minister Justin Trudeau's greatest accomplishment in office was cannabis reform. With Prime Minister Trudeau getting ready to leave office, Canadians are looking back on his tenure and reviewing his performance. For many, the role Trudeau played in legalizing marijuana in Canada was the highlight of his administration. Angus Reid Institute surveyed Canadian adults and found that marijuana reform was the outgoing Prime Minister's most popular policy achievement with 52% of Canadians backing the prime minister’s cannabis-related policy efforts. The non-profit held interviews with 1,850 adults from March 4th to 6th.…

FridayMar 07, 2025 10:00 am

10 Years After Georgia Legalized Medical Marijuana, Lawmakers Consider Expanding Access

Lawmakers in Georgia are considering expanding access to medical marijuana a decade after the state legalized the possession and consumption of marijuana for medical use. State legislators had been strongly against legalizing medical cannabis for quite a while but eventually settled on allowing the use of low-THC products to treat various qualifying medical conditions. Both Senate and House legislators are now expected to expand medical cannabis access in Georgia a little more. This comes after several years of failed attempts to expand Georgia’s medical marijuana policy and allow more patients to access and use cannabis for therapeutic purposes. However, with…

TuesdayMar 04, 2025 10:00 am

2025 California State Fair to Again Permit Onsite Cannabis Sales, Consumption

The upcoming 2025 California State Fair will allow onsite cannabis sales and consumption as well as a wider category of awards to demonstrate the diversity of California's marijuana market. This will be the fourth year that event organizers invite cannabis entrepreneurs and consumers to the 17-day event to take part in the festivities, and the second year in a row where cannabis sales and consumption are allowed on-site. Embarc founder Lauren Carpenter says the State Fair made history in 2024 by integrating marijuana sales and use during the event, and she is happy to come back to the over two-week-long…

FridayFeb 28, 2025 10:00 am

One Marijuana MSO is Reaping from Little-Known IRS Tax-Credit Scheme

A barely-known IRS credit scheme has allowed a multi-state marijuana operator (MSO) to earn millions of dollars in tax credits. Although cannabis firms remit hundreds of millions of dollars in taxes annually, federal law prevents them from claiming tax credits and deductions for operational expenses. However, Jushi Holdings took advantage of an obscure tax credit scheme to earn a little over $5 million. The Boca Raton-based vertically integrated MSO was owed around $6 million worth of Employee Retention Credit (ERC) by the IRS but would have had to wait for several months to claim the credit. Rather than buckle down…