October 04, 2024 4:20pm
Former President Donald Trump recently expressed support for Amendment 3, a ballot initiative scheduled for Nov. 5, 2024, that would legalize recreational cannabis in Florida. This unexpected endorsement has added a new twist to the ongoing legalization efforts in the state. Proponents of the measure are hoping that Trump’s backing will help sway the 15% … Continue reading “420 with CNW — Does Florida Cannabis Ballot Measure Stand Chance of Passing?”
October 03, 2024 4:20pm
Kentucky will begin its lottery for medical cannabis business licenses next month, marking a key milestone in launching the state’s medical marijuana program. There has been an overwhelming response to the program, with Kentucky officials receiving close to 5,000 applications for business licenses before the Aug. 31, 2024, deadline. Most of these applications, around 4,096, … Continue reading “420 with CNW — Kentucky Officials Prepare to Hold Medical Cannabis License Lottery”
October 02, 2024 4:20pm
The U.S. Internal Revenue Service (IRS) intends to continue seeking tax payments from cannabis businesses that have taken deductions in anticipation of possible federal changes, according to an attorney with the agency. Even if marijuana is rescheduled federally, the IRS could theoretically seize assets from marijuana companies that fail to meet their tax obligations. Luke … Continue reading “420 with CNW — IRS to Keep Applying 280E Until Marijuana Reclassification Completed”
October 01, 2024 4:20pm
Delaware, Ohio, has put a temporary pause on recreational cannabis businesses operating within its city limits; the city council voted 5 to 2 to enforce a six-month moratorium. This decision halts recreational marijuana businesses from opening in the city, giving officials time to consider how to best regulate them. The move follows the approval of … Continue reading “420 with CNW — Delaware, Ohio Temporarily Ban Adult-Use Marijuana Businesses”
September 30, 2024 4:20pm
A recent federally funded study published in the “Journal of the American Medical Association (JAMA) Network Open” has revealed that cognitive functions such as inhibitory control, reward response and working memory do not change significantly after a year of cannabis use. The study refutes the long-held notion that marijuana use impairs memory and brain function. … Continue reading “420 with CNW — AMA Study Finds Working Memory, Other Brain Processes Unaffected by Cannabis Use”
September 27, 2024 4:20pm
Marijuana leaders need to use sound financial techniques when operating in the cannabis sector. Given the complexities of the space, companies must devise strategies such as establishing relationships with field experts and looking for fresh revenue streams to differentiate themselves and remain competitive. Here are five crucial financial pointers for marijuana company owners: Focus on … Continue reading “420 with CNW — FIVE Ways to Keep Finances Healthy in Marijuana Industry”
September 26, 2024 4:20pm
Cannabis industry leaders in Washington State are contemplating the implications of reclassification for researchers and local customers. President Joe Biden disclosed in May that the U.S. Department of Justice (DoJ) was considering a substantial change to the classification of cannabis. The U.S. Drug Enforcement Administration (DEA) currently classifies marijuana as a schedule I substance, classing … Continue reading “420 with CNW — Washington State Marijuana Industry Readies for Change as Feds Mull Reclassification”
September 25, 2024 4:20pm
A recent study involving hundreds of individuals using medical cannabis has shown significant and rapid improvements in overall health during the first three months of use, according to research from the Philadelphia College of Osteopathic Medicine (PCOM). The findings, published in the “Cannabis Research Journal,” followed almost 400 adults in Pennsylvania who were new to … Continue reading “420 with CNW — Study Shows Users of Medical Cannabis Report Short-Term Benefits in Quality of Life”
September 24, 2024 4:20pm
Last month, Ohio kicked off its recreational cannabis sales, raising questions about how this would impact Michigan’s already thriving industry, which attracts many Ohio customers. Michigan had become a popular destination for Ohio residents seeking cannabis, with many dispensaries conveniently located near the state border in cities such as Morenci and Monroe. Ohio’s dispensaries sold … Continue reading “420 with CNW — Michigan Cannabis Sales Boom as Recreational Sales Begin in Ohio”
September 23, 2024 4:20pm
Efforts to legalize medical cannabis in Nebraska have officially been approved for the November election, despite a lawsuit and a statewide review of the validity of collected signatures. Bob Evnen, the secretary of state, announced on Sept. 14, 2024, that the group Nebraskans for Medical Marijuana had gathered an estimated 90,000 legitimate signatures. The announcement … Continue reading “420 with CNW — Nebraska Certifies Ballot Measures to Legalize Medical Cannabis”
September 20, 2024 4:20pm
A former Nebraska senator and past member of the Nebraska Health Board has filed a lawsuit aimed at stopping two state medical marijuana ballot petitions. John Kuehn, a rancher and veterinarian from Heartwell, is challenging the placement of these measures on the Nov. 5 , 2024, ballot. Kuehn has listed seven key reasons for his … Continue reading “420 with CNW — Nebraska Lawsuit Aims to Void State’s Medical Cannabis Ballot Measures”
September 19, 2024 4:20pm
A new study on cannabis grown in Colombia highlights the impressive variety of phytochemicals in the plants. The study identified four different chemotypes based on their cannabinoid profiles, revealing an abundance of uncommon terpenes. The study’s results, which were published in the “Phytochemical Analysis” journal, indicate that the wide range of compounds found in Colombian … Continue reading “420 with CNW — Study Finds Cannabis Grown in Colombian Jungles Possesses Uncommon Terpenes”
September 17, 2024 4:20pm
Back in 2018 when Congress passed the current farm bill that legalized hemp, Congress seemed to have been under the belief that hemp was for making rope rather than intoxicating products. However, the current debate around hemp is almost solely rotating around intoxicants. It has become abundantly clear that the law passed in 2018, in … Continue reading “420 with CNW — Clarifying Congress’ Intent on THC Could Help in Reforming Marijuana Laws”
September 16, 2024 4:20pm
A recent study revealed that marijuana use has been on the rise in the United States, though surprisingly not among young teens. The study, which analyzed the cannabis consumption habits of more than 500,000 people between 2013 and 2022, was published in the latest edition of Drug and Alcohol Dependence Reports. It highlighted that marijuana … Continue reading “420 with CNW — Study Finds Drop in Marijuana Use by Teens, Rise Among Adults”
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