As the first month of 2023 drew to a close amid price compression, chronic oversupply and a possible recession, several marijuana industry professionals offered their predictions on how the industry will perform for the rest of the year. The trends of oversupply and price compression will most likely continue through the year, experts believe, with … Continue reading “420 with CNW — Predictions, Trends for Cannabis Industry This Year”

Authorities in Massachusetts have reported that adult-use cannabis sales in the state have officially exceeded $4 billion since legalization in 2018. Cannabis Control Commission data shows that the state’s gross marijuana sales stood at $4,000,732,607 as of Jan. 12, 2023. This comes a few months after the state reached the $3 billion milestone, indicating continued … Continue reading “420 with CNW — State Data Shows Massachusetts Adult-Use Cannabis Sales Have Reached $4B”

A recent poll from Harvard CAPS-Harris has found that Americans favor looser regulations for marijuana and tighter rules for social media, cryptocurrencies, coal and electric vehicles. The survey polled voters on a broad range of national issues and asked them if they thought the government should regulate the issues more or less, or keep current … Continue reading “420 with CNW — New Poll Finds Americans Favor Looser Cannabis Regulation, Tighter Regulation of EVs and Cryptos”

The past two decades have seen a plethora of states across the country vote on measures to legalize either the medical or recreational use of marijuana. By the end of 2022, dozens of states allowed medical marijuana within their borders while nearly 20 states had legal recreational cannabis markets. These state-level cannabis markets have been … Continue reading “420 with CNW — Oklahoma Voters to Decide on Cannabis Legalization in March”

Currently, cannabis is legal in 21 states for recreational usage and 39 states for medical use, with total revenues anticipated to exceed $38.8 billion through 2023. The next logical stage in the development of the cannabis market is federal financial regulation for complying enterprises. Theoretically, most other sectors’ opportunities for credit cards, deposits and loans … Continue reading “420 with CNW — Why Cannabis Firms Should Look Elsewhere for Financing”

Earlier this week, the FDA published its final guidance on cannabis drug development in the federal register. This comes after it released a draft version in 2020. The guidance outlines the basic clinical study standards, considerations for researchers and the drug development process. The legalization of hemp in the 2018 Farm Bill is one major … Continue reading “420 with CNW — FDA Publishes Final Guidance for Cannabis Drug Development”

In a recent study, participants reported that cannabis increased their desire, intensified their orgasms, and sharpened their sensory perception, providing evidence that cannabis can improve sex. Moser Amanda, a sexologist residing in Denver who has specialized in integrating cannabis and sex, took part as the paper’s lead author. More than 70% of respondents to Moser’s … Continue reading “420 with CNW — Study Shows Cannabis Boosts Sex Quality for All Genders”

With more than 30 U.S. states now allowing some form of cannabis use within their borders, hundreds of businesses have sprung up to supply the almost unending demand for cannabis products. As the market attracts more players and becomes increasingly competitive, companies have adopted unique approaches to stand out from the ever-growing crowd and increase … Continue reading “420 with CNW — Marijuana Firms Are Boosting Brand Loyalty Through Sale of Cannabis Seeds”