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Cannabis stocks high as a kite after Biden’s Presidential win

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The only constant party that won in the recent US elections was the cannabis legalization supporters. The industry has so much potential to grow right now. The states Like New Jersey and Montana have already passed bills to change the legalization status of marijuana. The majority of the states show immense potentials both in terms of potential employment as well as business opportunities. People are even considering planting marijuana as a crop every year. All this has led to Cannabis stocks at extremely high positions in history.

Companies such as Canopy Growth Corporation, Tilray, and Aurora Cannabis are seeing record growth in pre-market trading as good news for the industry comes from different areas of the states. The magnitude of the stock value increase varies from company to company. however, some of the companies are seeing double-digital gains even before markets officially open.

You can have a pretty good idea of this change from recent earnings reports from Aurora Cannabis, Tilray, and Canopy Growth  Corporation. These companies already saw record growth during the pandemic while some of them had to cut down on human costs. Some manufacturers also reported tons of losses during the lockdown. However, the industry is ready to blossom again and the majority of investors are hopeful.

Canopy Growth is up 10% in pre-market activity, similarly, Tilray is up 25% in pre-market action. If these levels of stocks continue to be this high when the market opens. They would set 2020 levels and match the pop cannabis stocks received after going public in 2018. One problem right now is the federal laws in America. Although the states have voted to legalize many of them have not. For this reason, marijuana over state borders is considered illegal.

The Cannabis Stocks and Investment:

Now, most cannabis companies are situated in Canada and as discussed earlier America’s federal classification of cannabis prohibits Canadian companies from interacting with American consumers. Now the federal laws might also change once more and more stated move for legalization. legalization was questioned by five states in recent elections and was approved in all of them. The new president-elect Joe Biden has talked about cannabis reform so we might get new developments in the area.

Cannabis stocks are high right now because it looks like legal cannabis finally has a green light in the country. All of the investors are hoping that with a democrat in the white house they will not have to deal with rash and erratic decisions. Moving on in the next few months the congress will take on major key issues about cannabis. This also includes allowing cannabis product companies and banks to interacts without the fear of federal actions.

There is another bill that will legalize cannabis without the fear of federal interaction. Lastly, the MORE Act will remove cannabis from The Controlled Substance Act. The upcoming congress sessions will raise all the aforementioned changes. Coming back to the cannabis Stock values then, since the legalization is not stoping the stock will only go higher in the future.

Although this industry is new it has a lot of potentials and investors will continue to support it. As for the people the recreation use laws are on the way. People are looking to grow marijuana domestically as well as commercially in various states in the future. marijuana is an ever-growing industry will more and more countries opting for legalization.

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Cannabis

Mayor To Cut the Ribbon on Cannabis ‘Cookies’ Inauguration

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Mayor To Cut the Ribbon on Cannabis 'Cookies' Inauguration

Michigan is seeing an increase in activities and businesses trading in marijuana. As the marijuana economy grows, Cookies is the newest store that opens its doors to Kalamazoo city. The Cookies cannabis store will be functional from Friday, Feb. 26.

The mayor for the city of Kalamazoo, David Anderson, is the chief guest for the ribbon-cutting ceremony. The store opening will be in the morning, according to the Cookies Cannabis Official press release. Also, the address for the store is 2712 Portage Street.

Medicinal Cannabis At The Curbside

The Cannabis Cookies store will not be offering curbside sales on its first day. For medicinal marijuana sales, curbside medical sales will be active from Saturday, Feb. 27, the press release further adds.

ALSO READ: Texas Med Store Starts Selling Cannabis-Infused Gummies As Medical Marijuana

Cookies is an international cannabis lifestyle brand founded by California rapper and entrepreneur, Berner.

Also, the Cookies brand is diverse and offers an entire family of offerings, including Cookies, Lemonnade, Runtz, Powerzzzup Genetics, Minntz, and Grandiflora product lines.

Expansion Plans

Cookies CEO Berner has high hopes for the Midwest. He thinks that stores like his will boost the marijuana economy and can support the economy even during slumps. Cookies has pinpointed the region as pivotal going forwards. The partnership with Gage Cannabis is also proving great for them as the demand for cannabis and medical marijuana is increasing day by day.

The expansion is driven by key partnerships and a high influx of consumers. Consumers are not only driving up demand in Kalamazoo but in the whole of Michigan. Cookies hopes to serve this rising demand as it strikes new partnerships throughout the region.

ALSO READ: Cannabis Antibiotics Can Be Solution For Treating Drug-Resistant Diseases 

The new store will be the second Cookies store in the state of Michigan. The original location where Cookies started operations last year is at 6030 East 8 Mile Road, in Detroit.
For the state of Michigan, Gage Cannabis is the go-to partner for the Cookies store. Through these key partnerships, the whole economy benefits as this will be Gage’s seventh retail point in Michigan state.
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Texas Med Store Starts Selling Cannabis-Infused Gummies As Medical Marijuana

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Marijuana Baked Products

As more and more states legalize cannabis use, dispensaries are finding new ways to morph cannabis into daily-use things. The popularity of medical marijuana is undoubtedly off the charts.  In another of such events, one of the state’s dispensaries now offers medical marijuana-infused gummies.

The Lone Star state is the second largest of all the states, falling behind Alaska. The fact that Elon Musk has set up his residence in the state has made it even more popular. Surterra Wellness, a well-known  Florida-based marijuana company, is also operating in Texas.  with a dispensary in Austin — launched its line of Surterra Wellness is bringing cannabis-infused lineup of edibles to cater to the needs of patients and cannabis consumers alike. This will provide patients with THC in a less intimidating form. The president of Surterra Wellness is positive about the impact this lineup of edibles can have.

Gummy Bears Carrying Marijuana

Mr. Ruark, the Surterra Wellness president, believes that the popularity of gummies makes them ideal to administer medicinal marijuana. Gummies are by far the most popular dosing form in medical markets across the United States. In addition to the popularity of gummies, they also contain terpenes. Terpenes provide a plethora of therapeutic properties and is an all natural extract.

ALSO READ: Cannabis Antibiotics Can Be Solution For Treating Drug-Resistant Diseases 

They also give medical marijuana users a new way of ingesting THC. The many flavors that gummy bears are available, make it a great option to use for the deliverance of medical marijuana.

Medicinal marijuana, although legal in Texas, is under extreme regulation and restrictions. Residents must opt into the Texas Compassionate Use Program that allows subscribers to use cannabis products for medicinal purposes. This programme was created in 2015 and is caters to patients of medical conditions such as epilepsy, seizures, terminal cancer, multiple sclerosis, incurable neurological disorders, autism and ALS.

Now, with the advancements in the way marijuana is covering ground, cannabis advocates in Texas are pressuring legislators to expand the program. There are expectations that the expansion will include patients suffering from PTSD.

Ruark believes that people are largely unaware of the medicinal programme in Texas. Also, he believes these gummies will change this. He thinks that his company can raise awareness about the state’s medical marijuana program.

Increasing The Cannabis Family by 2 Million

Increased reach will allow two million patients to use it who qualify for it even now but don’t use it because they don’t know about the program.

ALSO READ: International Market For Marijuana-Infused Drinks On The Rise

The president of the dispensaries wants everyone to benefit from the nature’s gift. He wants everyone to reap the benefits of cannabis. It may be of special benefit for veterans in dealing with PTSD after their return back to a normal life.

These lovely gummy treats come in a bottle that costs $60 and contains 200 milligrams of THC in total.

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Cannabis Antibiotics Can Be Solution For Treating Drug-Resistant Diseases 

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Cannabis Antibiotics

The cannabis plant contains multiple components of varying benefits, of which some constituents are psychoactive while others are non-psychoactive and have other pharmacological impacts. Because of the pharmacological benefits, researchers are working to formulate cannabis antibiotics.  

According to the research of The University of Queensland, CBD is a component present in marijuana, is non-psychoactive, and is capable of killing bacteria. It is useable in antibiotics due to its ability to kill bacteria responsible for gonorrhea, meningitis, and legionnaires. 

Moreover, according to studies, there is a possibility that drug-resistance diseases can cause more than 10 million deaths per year by 2050. The UN warns that there is an urgent need to deal with drug-resistant illnesses. Furthermore, finding solutions to the problems of drug resistance must be of utmost priority. 

ALSO READ: The Life of Marijuana Patients Made Easy By Advanced Technology

Drug resistance is growing, leading to critical problems shortly. According to neurologists, within five years, the NHS will successfully develop effective cannabis-antibiotics. Moreover, the treatment of drug-resistant diseases will be possible with the use of this marijuana containing antibiotics. 

Cannabis In Antibiotics

CBD is the cannabidiol, a major non-psychoactive and second-most prevalent component of the active ingredients of marijuana. Two institutions researched using cannabis in antibiotics. The institutions that collaborate for research are the University of Queensland and Botanix Pharmaceuticals Limited

In their research, researchers examined how the CBD of cannabis penetrates through the protective membranes of multiple bacteria. Moreover, not only does the CBD enter the bacteria, but it also kills them. 

Of the bacteria through which CBD penetrates are bacteria for meningitis, legionella, and Neisseria gonorrhea. The legionella bacteria cause legionnaire’s disease characterized by cough, shortness of breath, high fever, muscle pain, nausea, vomiting, and headache.

The researchers found that CBD was able to break down the biofilm of the bacteria. Biofilm is a slimy build-up of bacteria released by it to survive against antibiotic treatment. Moreover, the biofilm’s slimy layer is similar to a dental plaque on the surface.

What Is In The Future For Cannabis?

Cannabis-infused antibiotics may be available in the market. According to Professor Mike Barnes, pretty-soon general practitioners will start prescribing CBD pills to treat infectious diseases. Research on marijuana is progressing fast. Moreover, there are chances of formulating much better cannabis products for medicinal use. 

According to Mike Barnes, it is high time that individuals understand the medical benefits of marijuana and take advantage of the plant to its full capacity. Moreover, the marijuana plant is useable in various ways to improve the condition of patients. 

The new research led by the University of Queensland and Botanix Pharmaceutical Limited is helpful in the subject. However, further research is vital for developing much better, safer, and effective drugs containing CBD of marijuana.

More Studies Essential For A Better Future

According to Professor Mike Barnes, if CBD is placed next to bacteria in a plate, the cannabidiol will kill the bacteria right away. However, if a tablet containing CBD is on the same plate as the bacteria, the effect of CBD will be slower. 

ALSO READ: International Market For Marijuana-Infused Drinks On The Rise

The professor is confident that with further research on the subject, better medicine formulation can occur for treating drug-resistant diseases. Moreover, UK regulators can formulate something that can fight against antibiotic-resistant gonorrhea. Furthermore, the formation of antibiotics for drug-resistant gonorrhea is the utmost priority of the World Health Organization. 

Once the formulation of the cannabis-containing antibiotics is complete, the drugs will need the approval to conduct preclinical-trials and clinical trials. After completing the clinical trials and research investigations, the authorities will consider the drugs for approval after which they will be available in the market. 

Deep studies and research investigations enable the formulation of a more effective formulation. The quicker the cannabis containing antibiotics gets approval, the sooner they will be in the market for treating drug-resistant bacterial diseases. 

 

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