How Cannabis Is Shaping The 2020 Presidential Election

A closer look at where the political winds are blowing. August 5, 2019 4 min read Brought to you by Benzinga America’s shifting perception of cannabis can be traced through presidential cycles.  When then-Arkansas Gov. Bill Clinton was running for president in 1992, he said in an interview: “When I was in England, I experimented with marijuana a time or two, and didn’t like it. I didn’t inhale and I didn’t try it again.” The country’s 44th president was more candid when asked about marijuana 14 years later.  “When I was a kid, I inhaled,” then-Sen. Barack Obama said in 2006. “That was the point.”  In the 2020 cycle, several Democratic candidates have made cannabis part of their campaign platforms.  A look at the Democratic field  Steven Hawkins, the executive director of the Marijuana Policy Project, likens the shift to the state of marriage equality between the 2008 election and the end of […]

Read more

Cannabis Lounges Are Popping Up Across the Country

Some predict they’ll be as popular as bars, but there’s still plenty of controversy. July 30, 2019 3 min read This story originally appeared on Benzinga As cannabis use becomes legal across more and more of the country on the state level, consumption lounges are popping up.  In California, the cannabis cafe Lowell Cafe is slated to open Sept. 1 in West Hollywood. Local religious leaders and others have expressed concerns, indicating the rift between communities and consumption spaces. Other states like Massachusetts could follow the same path, as it passed initial approval for social spaces in May of 2019. Previously in March of 2019, Alaska adopted its own rules for on-site consumption at licensed retail locations. And Nevada has opted to postpone legislation on cannabis lounges until 2021. Related: Cannabis Entrepreneurs: Know the Perils of ‘Accidental Franchising’ ‘Our Children Won’t Even Blink An Eye’ Caleb Chen has advocated for social consumption in Los Angeles and Las Vegas since […]

Read more

What To Make Of Jay-Z’s Caliva Partnership

Hip-hop artist and entrepreneur Shawn ‘Jay-Z’ Carter made headlines earlier this month by entering the cannabis space. July 23, 2019 2 min read This story originally appeared on Benzinga Hip-hop artist and entrepreneur Shawn “Jay-Z” Carter made headlines earlier this month by entering the cannabis space via a multi-year deal with California’s Caliva as its chief brand strategist. Caliva said Jay-Z will focus on creative direction for the brand as well as outreach efforts. Jay-Z will also “focus on and work to increase the economic participation of citizens returning from incarceration — many of who are not seeing the monetary benefits of legalization — through advocacy, job training, and overall employee and workforce development,” according to Caliva. Some believe the merger shows the benefits of diverse company leadership, while others considered the move a sound business decision for Jay-Z. Caliva’s accolades include 3.5 times year-over-year growth with over 250 retailers carrying its […]

Read more

New Findings Raise Doubts Whether Legal Weed Reduces Opioid Deaths

July 12, 2019 3 min read This story originally appeared on Benzinga A study published this month in the Proceedings of the National Academy is pushing back on the line of thinking that medical marijuana could lower the number of opioid overdoses. The findings. States with medical marijuana laws showed slower increases in opioid overdoses from 1999 to 2010, but that’s no longer the case, according to the study. “For end dates between 2008 and 2012, the association was negative … subsequently, the association became statistically indistinguishable from zero before turning positive in 2017.” The association between state medical cannabis laws and opioid overdoses has reversed direction from negative 21 percent to positive 23 percent and remained positive after factoring in recreational cannabis laws, the study’s authors said. “We find it unlikely that medical cannabis — used by about 2.5 percent of the U.S. population — has exerted large conflicting effects on opioid overdose […]

Read more

New York Cannabis Community Mourns Longtime Advocate Doug Greene

Greene was a constant presence at rallies and meetings to support cannabis legalization. June 12, 2019 2 min read This story originally appeared on Benzinga The New York cannabis community lost one of its most vocal proponents when Doug Greene, 52, was fatally struck by an A train subway June 4. It is unclear how he found himself on the tracks. Decades of activism.  Greene’s passing leaves a void in the cannabis community. He specialized in bankruptcy law by day and fought for cannabis rights with most of his other time for more than 30 years, including serving as the legislative director for the Empire State NORML chapter. He was a constant fixture at rallies, protests, hearings and gatherings in the state, often serving as a speaker and always a supporter. The news of his passing sparked a slew of dedications on social media. Many cited his passion for the plant as well as his ability […]

Read more

CBD Toothpaste Sounds Like a Good Idea but Lacks Conclusive Studies Proving It Is

Oral health care is a growing market and CBD is a booming market. Now science needs to study the benefits of combining them. June 3, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. The global oral care market is expected to reach $54.6 billion by 2023, according to Mordor Intelligence. A report issued by TechNavio in March predicts the global oral care market will register a CAGR of 3 percent by 2023. At the same time, the CBD market is expected to boom across much of the globe. That includes the U.S., where New Frontier Data forecast that the hemp market will triple by 2022. Brightfield Group sees huge opportunities in Europe, while individual market sectors are expected to boom. CBD is now being integrated into the oral care market for humans and pets. Many believe it could serve as a viable option for gum and […]

Read more

Why Athletes Are Using Cannabis for Training and Recovery

They want more gain, less pain. May 11, 2019 4 min read Brought to you by Benzinga Specifics on cannabis and fitness are hard to come by. But there’s no question the size of the opportunity is large. In May 2018, the International Health, Racquet & Sportsclub Association valued the global health club industry alone at $87.2 billion. The U.S. led all markets with $30 billion in health club counts and memberships, the organization said. Cannabis is believed to provide consumers with several beneficial uses, ranging from mental to physical relief. Many athletes have turned to THC and CBD products to treat their bodies after rigorous games and training sessions. Its use extends to fitness enthusiasts of all levels. So much so that a CU Boulder study found that eight out of 10 users in states where cannabis is legal consume shortly before or after working out. Related: Cannabis Offers Battered Pro Athletes Both Hope and Healing […]

Read more