Cannabis Stocks Archives - Page 6 of 16

FridayNov 08, 2024 10:00 am

CDC Study Suggests Construction Workers, Creatives and Food Prep Personnel Highly Likely to Use Marijuana

A recently conducted analysis has determined that workers in the hospitality and food service industries are some of the most common consumers of marijuana. Workers in extraction and construction, as well as individuals in media, sports, entertainment, arts and design occupations also reported relatively high rates of past-month marijuana use. The analysis was conducted by investigators at the Centers for Disease Control and Prevention and is based on data from the agency’s Behavioral Risk Factor Surveillance System. This survey, which primarily focuses on behaviors and health conditions, started collecting data from respondents about their occupation status and employment in 2013.…

ThursdayNov 07, 2024 10:00 am

US Jurisdictions that Voted on Marijuana Legalization Could Generate $3 Billion Upon Launch

Different jurisdictions across America voted on initiatives to legalize marijuana on Election Day. Voters in the states of Florida, North Dakota and Nebraska voted on measures to legalize adult-use and medical marijuana this month. A recently conducted analysis projects that the new markets could jointly generate $3 billion in their first year of sales. The analysis shows that the majority of the projected revenue would come from Florida if voters approve recreational sales by passing Amendment 3. Consumers are expected to spend about $2.9 billion on recreational cannabis once the new market is launched in Florida. By the fourth year,…

TuesdayNov 05, 2024 10:00 am

DEA Judge Postpones Cannabis Rescheduling Hearing to Next Year

The DEA recently revealed that a hearing on cannabis rescheduling is being delayed until next year. This news comes after the agency’s administrator Anne Millgram gave the stamp of approval for more than 24 witnesses to take part in the hearing this coming week. Soon after this, Chief Administrative Law Judge John Mulrooney gave a preliminary order indicating that the data provided on those supposed to testify was inadequate and requested additional details. He also hinted at a formal hearing being scheduled for January or February of next year. When the department of justice proposed that marijuana be moved to…

FridayNov 01, 2024 10:00 am

Multistate Operators and Their Contribution to the Marijuana Industry

The rise of marijuana multistate operators has increased concerns that independent cannabis business owners may be driven out of business by organizations that have more money, power, and influence. Despite the negative way multistate operators are perceived, most take significant risks and work with local as well as state legislators to develop infrastructure and expand cannabis access in the U.S. By understanding the roles of multistate operators, independent businesses can use their work to their advantage. For instance, they have helped launch legal markets in jurisdictions that may not have been possible. A good example of this is the successful…

ThursdayOct 31, 2024 10:00 am

Study Says Marijuana Use During Pregnancy Impacts Impulse Control, Aggression in Kids

A new study has discovered that prenatal exposure to marijuana is linked to poorer thinking skills and behaviors like planning, paying attention, and impulse control in early childhood. These skills, the researchers explained, play a crucial role in how children interacted with others and performed at school. The study was carried out by researchers at Nationwide Children’s Hospital, with their objective being to investigate the link between prenatal marijuana exposure and aggressive behavior and executive function at age 5. The researchers used a cohort of 250 children for their study, 50 of whom were White while 155 were African American/Black.…

TuesdayOct 29, 2024 10:00 am

Bipartisan Senators in Florida Blame DeSantis for Using Taxpayer Funds to Oppose Cannabis Measure

Bipartisan senators in Florida are criticizing Gov. DeSantis for using taxpayer funds to finance anti-cannabis advertisements opposing a measure to legalize cannabis. This news was first brought to the public by an independent journalist, Jason Garcia, who commented on the possible use of the opioid funds for cannabis-related public service announcements. Soon after, reports from the Tampa Bay Times confirmed that state funds from a settlement fund to help alleviate the opioid crisis were allocated to a 3rd party marketing firm for ads. This is despite the fact that the settlement’s terms specifically state that the funds are meant to…

FridayOct 25, 2024 10:00 am

Could This Third Attempt to Legalize Adult-Use Marijuana in North Dakota Succeed?

Campaigners who managed to put a measure to legalize adult-use marijuana in North Dakota know that success isn’t done and dusted. The voters have rejected similar measures in the recent past; in 2022 and also back in 2018. Those working to enact marijuana policy reforms know that they have to do things differently in order to ensure that their third attempt is the charm. Steve Bakken, who heads the group that is working to see Measure 5 get voter approval next month, says they must be careful to avoid creating the impression among voters that should marijuana prohibition end, a…

ThursdayOct 24, 2024 10:00 am

Seniors in America are Using Cannabis to Manage Pain, Combat Sleep Disturbances, Study Finds

A new poll has discovered that roughly 21% of individuals over the age of 50 have used a form of marijuana with THC at least once in the last 12 months. Another 12% admitted to using marijuana on a monthly basis. The poll, conducted by the University of Michigan, also found that 81% of older adults used marijuana to feel good or relax while 68% did so to improve their sleep. 63% also admitted to using the drug to alleviate pain while 53% did so to manage mental health conditions. The medical director of Caron’s Older Adult Program, Dr. Barbara…

FridayOct 18, 2024 10:00 am

Research Finds That Medical Cannabis Boosts the Mental Health of Older People

New research has found that legally available medical cannabis has helped improve the mental health of individuals aged 65 and above. For their research, the investigators at the National Bureau of Economic Research utilized geographic data to determine the availability effects of medical marijuana dispensaries on self-reported mental health in the state of New York. They found that living half an hour away from dispensaries reduced the probability of having poor mental health day for individuals in this age group by roughly 10%. They partly attributed this positive health impact to pain relief. This aligns with research from the Cato…

WednesdayOct 16, 2024 10:00 am

Marijuana Regulators Withhold Certification from Social-Equity License Winners

The state of Missouri recently awarded social-equity cannabis dispensary licenses to lucky lottery winners. Among them was David Huckins, a disabled veteran who learned in June that he’d be receiving 1 of 57 microbusiness licenses that the state stipulated would be awarded to disadvantaged business owners. Those who fit this description include disabled veterans, individuals with nonviolent cannabis offenses and those with lower incomes. This program is part of the constitutional amendment to legalize the recreational use of cannabis that voters approved in 2022. Under the amendment, the program would award 33 wholesale licenses for cultivation facilities and 24 dispensary…