NUGS News and Press, Cannabis Strategic Ventures From 03/23/22

Last month, the French government issued a decree that allowed the growing of medical marijuana and development of the industry. The enactment took effect on March 1, 2022; however, it awaits implementation by regulators. The act features conditions and procedures for the growth and pr...

According to a new study , including cannabis in your diet and lifestyle can go a long way in reducing weight and fighting inflammation. Doctors recommend maintaining a healthy weight in order to prevent the disorders associated with obesity. This includes diabetes, cancer, stroke and... ...

A policy retreat that featured a panel discussion on advancing cannabis reform with a focus on the promotion of equity was attended last week by Democratic congressional legislators. The panel was moderated by Rep. Barbara Lee and was focused on the need to ensure that communities that w...

A recent poll has found that an estimated 80% of parents know almost nothing about CBD products. CBD (cannabidiol) is a chemical compound found in the hemp and cannabis plants. CBD usually contains only 0.3% of THC. THC (tetrahydrocannabinol) is the psychoactive component of the cannabis p...

The U.S. cannabis industry is experiencing a boom right now with Americans spending almost $25 billion on adult use cannabis products in 2021. Despite the growth, the industry has been affected by outdated policies that classify the drug as a Schedule 1 substance. This has greatly affect...

As more states in the U.S. legalize marijuana for medical or recreational use and the industry grows, political not-for-profit organizations, trade associations and cannabis businesses continue to lobby for cannabis reform and legalization. Lobbyists are being paid a lot to weigh in on t...

Local governments in the state of California are granting tax relief to marijuana businesses after state legislators failed to lower cannabis taxes . The tax rollbacks by counties and cities primarily reflect lobbying from local businesses and residents as well as industry organizations. ...

Last week the U.S. Department of Agriculture (“USDA”) put out a notice seeking approval from the White House to carry out a survey. The agency plans to partner with the University of Kentucky to conduct this follow-up to the first hemp survey released earlier this year on F...

A new study from the Pew Charitable Fund reveals that police have continued arresting people for illegal substances despite states adopting policies designed to reduce the number of incarcerations. The report expounds on drug policy and enforcement trends that have been developed between 2...

During a recent conference call, Wells Fargo Securities head of equity strategy Chris Harvey stated that federal cannabis criminalization plus the resulting mandates for drug testing have caused the worker shortages and increasing costs being observed in the transportation sector. He add...