NewsRoom Articles - CannabisNewsWire

WednesdayOct 20, 2021 4:20 am

420 with CNW — Many Patients with Breast Cancer Use Marijuana Alongside Meds

Over the past couple of years, cannabis has grown increasingly popular as more states pass legislation to allow either medical marijuana or recreational cannabis. With advocates across the country advocating for state measures and lawmakers discussing federal decriminalization, cannabis has come a long way from the days of prohibition. As it has slowly shed its unfounded reputation as a destructive drug, cannabis has interestingly moved into the health and wellness space thanks to a diverse range of purported health benefits. By May 2018, more than 3.5 million registered medical marijuana patients existed across the country, with countless more using recreational…

TuesdayOct 19, 2021 4:20 pm

420 with CNW — Research Firm Plans to Study Use of Cannabis as Analgesic

CBD Science Group PLC plans to conduct large-scale trials to evaluate the use of cannabis in managing pain in cancer patients where conventional pain relief isn’t adequate. This will provide an alternative to opioids, which sometimes induce unwanted side effects or interfere with ongoing cancer treatments. Scientists at CBD plan to investigate the use of marijuana-based analgesics, with chief commercial officer Graeme McFarlane stating that the trials will measure the effectiveness and safety of these analgesics in addition to other variables. McFarlane explained that the company would use various tools including clinician reporting and self-reporting in patients in its evaluations.…

TuesdayOct 19, 2021 12:57 pm

Green Thumb Industries, Inc. (CSE: GTII) (OTCQX: GTBIF) Finds Expanding Base for Cannabis Retail with Community-centered Vision

Green Thumb Industries is a cannabis cultivator, processor, and dispensary operator, with a growing base of operations nationwide that is founded on a vision of forming deep connections to the communities the company’s dispensaries serve Green Thumb is headquartered in Chicago and recently announced its 65th store, which will be its third retail outlet in New Jersey The company now operates in 14 states with 14 cannabis cultivation and manufacturing facilities Green Thumb’s Q2 filing reported an 85.4 percent YOY increase in revenues and its sixth consecutive quarter of positive cash flow from operations Cannabis cultivator and retailer Green Thumb…

TuesdayOct 19, 2021 12:27 pm

Flora Growth Corp. (NASDAQ: FLGC) Making Leap From Medical-Grade Cannabis and CBD Food & Bev to Opening of Pharma Division & Running Global Clinical Trials

Cannabis flower and derivatives producer Flora Growth Corp. is an established brand builder with a seed-to-supply pipeline of cannabis CPG products from Colombia to North America to Europe and many other destinations around the world Flora Growth’s commitment to its premium and mindful consumer packaged goods brand and product portfolio is now being enhanced with the company’s announcement it has opened a pharmaceutical division Flora Pharma will concentrate on identifying opportunities for novel treatments in specific medical conditions, using a cost-effective process for establishing drug product safety and efficacy, honoring FDA and NHS regulatory standards Internationally focused cannabis cultivator and…

TuesdayOct 19, 2021 12:05 pm

Green Hygienics Holdings Inc. (GRYN) Among Hemp Cultivators Set to Benefit from California’s Assembly Bill 45

The 2018 U.S. Farm Bill removed “hemp” from the definition of cannabis but did not allow for inclusion of cannabidiol (“CBD”) in food or supplements Regulations will remain in terms of labeling and serving size, and they will be determined by CDPH (California Department of Public Health) Green Hygienics exclusively works with industrial hemp and stands to benefit from the signing of AB45 in California The Farm Bill of 2018 was a game-changer in the hemp industry. Signed into law in December 2018, the Farm Bill removed “hemp” (Cannabis sativa L) and its derivatives comprised of a low concentration (less…

TuesdayOct 19, 2021 4:20 am

420 with CNW — Senators Pressure US Attorney General on Cannabis Decriminalization

Senators Cory Booker and Elizabeth Warren are calling on the attorney general (“AG”) to put an end to federal marijuana prohibition. Last week, the two sent a letter to Attorney General Merrick Garland’s office; the letter argued that the Justice Department should begin a process to de-schedule marijuana, which would help advance valuable medical research, allow the government to start remedying the harm caused by years of racial disparities in the enforcement of marijuana laws and allow states to regulate the plant as they saw fit. The senators also explained that decriminalizing marijuana would address the racial inequities faced by…

MondayOct 18, 2021 4:20 pm

420 with CNW — California Governor Signs Off on CBD Drinks, Smokable Hemp Bill

America’s hemp industry is famously unregulated. Nearly three years after the 2018 Farm Bill legalized the growing, processing, and sale of industrial hemp as well as its derivatives, the sector has become lucrative, attracting numerous sellers and achieving billions of dollars in sales. However, federal authorities still haven’t created a comprehensive regulatory structure for hemp, forcing states to pass their own hemp policies and leading to a patchwork of non-standard hemp policies across the country. California, a pioneer in the hemp and cannabis sectors, is the latest state to pass hemp legislation after Governor Gavin Newsom signed a bill to…

MondayOct 18, 2021 1:46 pm

The Chicago Conference of The USA CBD Expo, October 28-30, 2021

The USA CBD Expo Chicago aims to be the greatest and largest CBD/hemp event in the country, bringing the most creative and best goods and brands to businesses and consumers on a constant basis, and compressing a rapidly growing industry into one all-encompassing, top event. This event is geared toward both newbies to the CBD sector and seasoned veterans. The conference will feature some of the industry's top experts, who will deliver a variety of instructional seminars, keynote talks, and workshops to attendees. The seminars will focus on the commercial side of the CBD and hemp industries, as well as…

MondayOct 18, 2021 1:37 pm

Hero Technologies Inc. (HENC), Blackbox Subsidiary Obtain Key Approvals, Move Forward with Michigan Expansion Plans

License prequalification should give HENC shareholders great confidence in strategic Michigan business plan Hero Technologies, Blackbox now beginning the last step in process of obtaining licensing approval Once full funding has been reached, BlackBox anticipates being shovel ready within two months In its ongoing commitment to position itself as a multistate operator in the cannabis sector, Hero Technologies (OTC: HENC) is focused on becoming fully licensed in Michigan. As part of that process, the company recently announced that Blackbox Systems and Technologies LLC, a HENC subsidiary, has fulfilled the requirements for step 1 prequalification approval for a Class C Medicinal…

MondayOct 18, 2021 4:20 am

420 with CNW — Former Attorney General Says US on the Path to Federally Decriminalizing Cannabis

Recently, Eric Holder spoke on a drug policy panel stating that the United States was on the path to decriminalizing cannabis federally as more states advance reform measures. Holder, the former U.S. attorney general who served under the President Barak Obama administration, stated that he was encouraged that the country was moving toward more tolerant laws on drugs that saw addiction as a public health issue. Holder explained that the drug war had cost lots of taxpayer dollars and shattered livelihoods, noting that the society had begun to move in a different direction. Holder added that he was conflicted by…