420 with CNW — Studies Question Usefulness of THC Testing to Establish Impairment

For decades, law enforcement has used standardized equipment called breathalyzers to determine the blood-alcohol content of drivers and police-impaired driving. These tests take mere seconds to administer and can give police a decent estimation of how impaired a driver is. As cannabis reform has swept across the country and more states have legalized recreational cannabis, law enforcement and cannabis legalization opponents have argued that legalizing cannabis will inevitably lead to higher levels of impaired driving and road incidents.

We still don’t have a standard test to quickly measure delta-9 THC blood levels. Furthermore, there is relatively little evidence that the level of THC in the breath or blood from recent marijuana use is even associated with impaired driving. With at least a dozen states now allowing recreational cannabis use among adults aged 21 and older, the need to understand the correlation between recent cannabis use and impaired driving as well as develop ways to effectively measure impairment has become even more urgent.

recent study published in “Scientific Reports” did just that, peering into the cannabis plant to study how cannabinoids impact impairment. Two researchers from California ran a one-year clinical study with 74 users who reported using cannabis daily for approximately nine years. The participants had an average age of 25 years, and most of them reported that smoking or vaping were their most preferred methods of consuming cannabis.

One group of study participants had a baseline THC blood level that surpassed THC limits in five U.S. states, even when they were completely sober. This means that in these five states, the study participants were not legally allowed to get behind a wheel even if they had not used any cannabis. Previous studies from Michael DeGregorio, one of the researchers behind the recent study, and other researchers had found that marijuana use could result in short-term functional impairment.

The extent of this impairment depends on factors such as frequency of use and age. Building on previous research, this study found that 16 cannabis users had more than 5ng/ml of delta-9 THC in their blood even though they had abstained from cannabis and were not impaired. Breath and blood samples indicated high THC levels despite no recent cannabis use and no impairment.

Participants who had used cannabis for longer periods had higher baseline THC concentration levels, which in many cases exceeded state limits. However, their duration of impairment was decreased, meaning they were impaired for shorter periods of time even though their baseline THC levels remained elevated. The researchers concluded that THC levels in exhaled breath and blood were not reliable indicators of THC impairment.

As more science-backed data becomes available, policymakers are likely to evolve and enact measures that allow companies such as Advanced Container Technologies Inc. (OTC: ACTX) to serve indoor cannabis growers without any fear that reprisals will follow such commercial activity.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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Advanced Container Technologies Inc. (ACTX) GrowPods May be Part of Solution to Global Food Security

  • In 2021, a staggering 45 million people were at emergency levels of acute hunger
  • Providing access to food, sustainable food systems are key to WFP’s vision of eradicating food insecurity and malnutrition
  • GrowPods create an optimum controlled environment for growing a wide range of crops in a variety of environments and climates

With hunger on the rise again, companies and communities are working together to find realistic solutions. The world’s largest humanitarian organization, the World Food Programme (“WFP”), has identified access to food and sustainable food systems as two of eight key targets in its vision to eradicate food insecurity and malnutrition (https://cnw.fm/ZcoK6). Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of GrowPods, environmentally controlled micro-farms that allow cultivation of ultra-clean crops all year long, believes its products may be part of that solution.

“The world today is more complex and volatile than it was five years ago,” declares WFP in its 2022–2025 strategic plan. “Hunger has been on the rise since 2014. The situation deteriorated drastically in 2020, with up to 811 million people classified as chronically hungry. Across the countries where WFP operates, an estimated 283 million people needed urgent food assistance in 2021. A staggering 45 million were at emergency levels of acute hunger and more than half a million faced famine-like conditions.”

The organization’s “vision for 2030” calls for the world to eradicate food insecurity and malnutrition and for national and global actors to partner together to achieve several goals including providing access to food and sustainable food systems (https://cnw.fm/fgZWf). According to WFP, turning the tide against hunger includes, in part, “sustainable consumption and production to reduce food loss and waste.

ACTX’s GrowPods appear ideally aligned to these essential initiatives. Modular, stackable and mobile vertical growing environments, these game-changing micro-farms are designed to maximize yield and automation. Made from fully insulated, food-grade shipping containers, GrowPods have been modified to create an optimum controlled environment for growing a wide range of horticultural and agricultural products in a variety of environments and climates.

“In a world of plenty, where enough food is produced to feed everyone on the planet, hunger should be a thing of the past,” WFP declares. “However, conflict, climate change, disasters, inequality and — most recently — the COVID-19 pandemic mean one in nine people globally is still going to bed hungry and famine looms for millions.”

ACTX is pleased to join the efforts to make food sustainability both a priority and a reality by offering a way to produce multiple high-yield harvests every year with no pesticides and using fewer resources (https://cnw.fm/OnS39).

For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to ACTX are available in the company’s newsroom at https://cnw.fm/ACTX

About HempWire

HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge.

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CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) Poised in the ‘Future of Agriculture’

Advanced Container Technologies (OTC: ACTX) today announced that it is operating in a sector that Barclays Bank says is gaining traction as a sector for investment. According to Jed Lynch, head of Americas, sustainable and impact investment banking at Barclays, “Agriculture has historically been viewed as a mature industry, but we are now seeing significant technology-led innovation across the sector. As a result, we’re seeing a noticeable increase in high-growth startups, venture funding, M&A activity and public-market interest in this space.”

“We are in the right sector at the right time,” Douglas Heldoorn, CEO of Advanced Container Technologies, said in the news release. “Controlled environment farming (‘CEF’) with systems like GrowPods represent nothing less than the future of agriculture.”

To view the full press release, visit https://cnw.fm/AzLlZ

About Advanced Container Technologies Inc.

Advanced Container Technologies is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow Pods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to ACTX are available in the company’s newsroom at https://cnw.fm/ACTX

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW — New Bipartisan Bill in Congress Would Expunge Cannabis Criminal Records

For most cannabis reform activists and lawmakers, cannabis legalization has been a matter of criminal justice reform. Most, if not all, state cannabis reform bills contain some sort of social justice provisions and have invested monies toward undoing the harms of the failed drug war. One such social justice effort has been expunging the records of people who were convicted of low-level marijuana offenses.

To that end, bipartisan lawmakers have filed a bill that would design a procedure for the expungement of federal misdemeanor cannabis convictions and give courts the authority to recommend eligible cases for presidential pardons. Introduced by Democratic and Republican representatives Troy Carter and Rodney Davis, the Marijuana Misdemeanor Expungement Act would require the chief justice of the United States to enact rules to expedite the “review, expungement, sealing, sequester and redaction” of low-level federal marijuana offenses from people’s records.

According to the legislation, several criminal codes can be considered “expungable events,” meaning people who were convicted under these codes are eligible to have their records expunged. This includes criminal codes that criminalize the possession and distribution of small amounts of cannabis without financial compensation. It also covers any nonviolent federal infractions, civil penalties, petty offenses and misdemeanors that involve cannabis and cannabis-related equipment.

In a press release, Davis said given that dozens of states have legalized cannabis use for either medical or recreational purposes, the country’s criminal justice system has to keep pace to ensure that people aren’t being penalized for low-level misdemeanor offenses that are no longer criminalized. Davis said that misdemeanors can prevent people from becoming employed and essentially prevent them from participating in society.

The new legislation would deliver much-needed justice to thousands of citizens who have had their lives disrupted by a misdemeanor cannabis offense and suffered inordinate collateral consequences, said Carter. He noted that these misdemeanors, even if they don’t result in a conviction, can have severe lifelong consequences such as limiting people’s access to housing assistance, educational aid and occupational licensing.

As per the legislation, the chief justice will have 12 months from the bill’s passage to put forth procedural expungement rules. Every federal district will be given two years to run a thorough analysis and issue expungement, sealing and sequestering orders pursuant to the chief justice’s rules. Once an individual’s record has been expunged of low-level cannabis misdemeanors, the legislation states that any legal proceedings related to cannabis will be treated as if they never happened.

These are badly needed changes to the criminal justice system. Enacting them would go a long way toward showing how legalizing marijuana at the state level and letting companies such as Advanced Container Technologies Inc. (OTC: ACTX) serve companies and individuals in the indoor cultivation segment could be a boon for the economy and society at large.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Senate Approves VA Nominee Who Supported Medical Marijuana in NJ

The U.S. Departments of Veterans Affairs recently confirmed that a key position in the department had been filled after the Senate voted to confirm President Joseph Biden’s nominee: Shereef Elnahal. In the past, Elnahal has served as the state health commissioner in New Jersey. He helped expand the medical cannabis program in the state while also advocating for the federal legalization of cannabis.

Elnahal, who has been appointed as the Undersecretary of Health at the VA, will be in charge of leading a central division of the VA that has, up until now, prevented doctors from issuing medical marijuana recommendations to military veterans. In a statement, Elnahal talked about how he had run the medical cannabis program in New Jersey, making it easier for veterans to enroll in the program. He has in the past made it clear how he feels about the status of cannabis as a Schedule I drug under the Controlled Substances Act.

In 2018, he tweeted that marijuana needed to be descheduled at the federal level; he also listed complications of the state-federal policy conflict, which include limited access at health care facilities, inadequate research funding and high costs for patients.

During Elnahal’s confirmation hearing, Senator Dan Sullivan spoke about his marijuana regulatory background and also expressed frustration over the VA’s opposition to legislation, which would promote research into the therapeutic potential of cannabis for conditions which commonly affected the veteran population. Sullivan also asked Elnahal whether he’d observed any benefits from his cannabis regulatory work.

Sen. Jon Tester, who cosponsored the VA marijuana research bill with Sullivan, stated that he was aware of the many health conditions that individuals used cannabis to treat. He noted that he’d be fully on board if there was evidence that supported the use of marijuana as an alternative to dangerous medications, but he added that science needed to support the plant’s medical uses.

Despite the VA testifying against modest marijuana initiatives time and again, this hasn’t stopped legislators from filing and advancing measures and amendments to revise the department’s directives and force policy changes. For instance, the House recently approved an amendment that tackled the issue of permitting VA doctors to issue medical marijuana recommendations to veterans. However, it remains unclear which direction the Senate will take on the matter.

Meanwhile, other bipartisan legislators have directed attention toward veteran and cannabis-related issues, with the House taking up an Appropriations and Defense Bill for the 2023 Fiscal Year.

If the federal government continues on this trajectory of appointing progressive people to key policymaking positions, it may not be long before marijuana prohibition is ended and the sales of ancillary entities such as Advanced Container Technologies Inc. (OTC: ACTX) explode as a wider market is opened for their products.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Another Leading Democratic Senator Signs onto Schumer’s Cannabis Bill

After several delays and much anticipation, Senate Majority Leader Chuck Schumer formally filed his long-awaited cannabis legalization bill alongside Senate Finance Committee chair,  Senator Ron Wyden, and Senator Cory Booker. This bill will legalize cannabis at the federal level and contains social equity provisions that would attempt to address the harms caused by the war on drugs.

Just a day after Schumer filed the Cannabis Administration and Opportunity Act (CAOA), the bill gained two cosponsors, one of them a leading Democratic Senator who praised the legislation but said there was still an urgent need to work on cannabis banking. With the inclusion of Assistant Democratic Leader Patty Murray and Senator Gary Peters as cosponsors, the number of senators signed onto the bill is now five.

In a press release, Murray said that the federal government needs to catch up to Washington state regarding cannabis laws. Washington legalized medical cannabis in 1998 and was the first state to legalize the sale and use of recreational cannabis. She stated that Schumer’s cannabis bill was based on justice, would strengthen the economy and would finally allow the federal government to adapt to the 21st century.

Murray said that the drug war was especially hard on people of color and noted that CAOA was important because it would address the “deeply unfair and unjust” laws that have harmed and marginalized such communities. Furthermore, she stated that the bill would modernize the country’s federal laws and strengthen the economy. Cannabis has proven to be extremely lucrative, with states that have legal recreational markets collecting more than $3.7 billion in taxes in 2021 alone.

The assistant Democratic leader also emphasized the need to address cannabis banking, specifically mentioning the bipartisan Secure and Fair Enforcement (SAFE) Banking Act, a bill that would protect financial institutions that work with cannabis businesses and finally grant those businesses access to much-needed banking services. Although SAFE has passed in the House of Representatives six times, the Senate has rejected the bill each time.

Murray acknowledged that while the reforms included in Schumer’s comprehensive legalization bill are critical, she was still committed to passing the cannabis banking legislation in some form. She said that it makes no legal sense for cannabis businesses to operate on a cash-only basis and that the SAFE banking bill, which she cosponsored, would finally bring the state-legal cannabis industry into the banking system.

However, the SAFE act has little chance of advancing past the Senate. Schumer has stated that he would rather pass comprehensive reform first before passing cannabis banking legislation. Last September, he revealed that he and a group of key senators had agreed not to advance banking reform before federal legalization.

The hopes of the entire marijuana industry and ancillary companies such as Advanced Container Technologies Inc. (OTC: ACTX) is that cannabis policy is finally overhauled at the federal level so that the regulations at the top are in tandem with the rules governing states with legal marijuana markets.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — NY Governor Announces $5m in Grants to Help Community Colleges Train Marijuana Workers

Recently, Gov. Kathy Hochul of New York announced that the state had allocated $5 million to community colleges for the improvement and development of programs and courses meant to help individuals secure jobs in the cannabis industry. Hochul stated that this initiative would help meet the demand for a skilled workforce in the burgeoning industry as well assist the administration in meeting its goal to ensure that there was equity in market opportunities.

The funding initiative will allocate $1 million each to a trio of community colleges in the State University of New York system and the remaining $2 million to one city University of New York community college. Each of these campuses is expected to partner with other community colleges in the state and will act as the marijuana education program lead.

The funds will be used for degree and nondegree eligible programs and courses, as well as stackable micro-credentials and credentials that will be developed to help the local cannabis businesses in the state to find qualified candidates.

In a press release, the governor stated that the state’s new marijuana industry was creating exciting opportunities, noting that the administration would ensure that individuals in the state who wanted careers in the flourishing industry could access the quality training they required to be successful. She added that inclusion and diversity are what made the state of New York a powerful and competitive asset, noting that they would also take steps to ensure that every person had the opportunity to participate in the marijuana industry.

The press release also stated that the selected colleges would serve social equity candidates as defined under the Office of Cannabis Management’s regulations. In addition to this, these institutions will also need to work with local cannabis businesses in their communities to help inform their marijuana curriculum. The Office of Cannabis Management and the Department of Labor in the state will also be required to connect businesses and individuals seeking jobs to these training programs. Once individuals have completed said programs, the Department of Labor will be tasked with assisting them with completing their resumes, preparing for job interviews and promoting career opportunities.

This initiative comes as regulators in the state work to develop and implement rules for the cannabis market, which is set to launch its adult-use marijuana retailers later this year.

The state of New York is one of many in the country that are working to advance cannabis legalization and decriminalization reforms so that licensed entities similar to Advanced Container Technologies Inc. (OTC: ACTX) can set up shop and serve clients in this space.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) Notes Reports Indicating Agriculture May Be ‘Recession-Proof’ Space

Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of self-contained, automated, indoor “micro-farms” called GrowPods, is pointing to a new study indicating that agriculture may be “one of the most recession proof sectors” because despite economic conditions, people still need food. The Money Made report studied the performance of 12 different asset classes against the S&P 500 during three recent market crashes, concluding that agriculture came out on top overall, averaging returns that are at least 24% better than those of the S&P 500. The company also noted that Small Business Trends News reported that the agriculture industry is one of the most recession-proof sectors, stating that food is “not a luxury that can be put aside during difficult times, so businesses in this sector can continue to do well even during a recession.” In addition, the company quoted Farm Folio, observing that farming is a “wise route for diversification” because during recessions when the value of stocks, bonds and other investments fall, farming assets historically increase in value. According to the company’s release, its GrowPods, or modular hydroponic farms, can be placed virtually anywhere and can grow the equivalent of three acres of traditional farmland — all in an automated, controlled, pesticide-free environment.

To view the full press release, visit https://cnw.fm/CEjvX

About Advanced Container Technologies Inc.

Advanced Container Technologies is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called GrowPods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to ACTX are available in the company’s newsroom at https://cnw.fm/ACTX

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “Cannabis” to 844-397-5787 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

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420 with CNW — NIDA Boss Says Decriminalization Can Help Address Drug Addiction Problem

For the past couple of decades, America’s solution to the drug crisis has been criminalization. Most pundits agree that this approach has failed spectacularly, ruining millions of lives and indirectly channeling billions of dollars to the criminal enterprises behind the drug trade. Millions of Americans who would have benefited from medical treatment were branded as criminals and forced to spend years of their lives in prison.

The result is a country that largely views drug addiction as a criminal rather than public health issue. According to a top federal health official, the United States will have to overhaul its approach to drugs if it has any chance of reducing the stigma of addiction and putting an end to the substance abuse crisis.

Speaking in a recent blog post, National Institute on Drug Abuse (NIDA) director Nora Volkow said addiction treatment is desperately in need of change, especially in regards to identifying “pre-addiction.” This change would provide people with the resources they need to seek help before they develop addictions.

However, the impact of decades of drug criminalization still rears its ugly head as there is plenty of stigma and fear surrounding misuse disorders and their treatment. Since personal drug use is still criminalized in most states, people who stand to benefit from drug misuse treatment avoid programs that offer such treatments.

Volkow wrote in the blog post that “rebranding mild to moderate substance abuse disorder” as a common pattern of behavior rather than a criminal one could destigmatize substance use while increasing awareness of the negative effects of using drugs. Furthermore, she stressed that interventions for people who meet pre-addiction conditions should be destigmatized to ensure these individuals seek treatment.

She mentioned providing legal protections for people who disclose past or current use of illicit drugs to their doctors. Ideally, such protections would allow patients to talk about drug use without fear of legal reprisals, thus increasing the number of people who seek substance misuse treatment.

Fear of disclosure will remain a significant hindrance to addressing substance misuse as long as drug use is criminalized, Volkow wrote. She has talked about the harms of drug decriminalization on numerous occasions in the past, stating in a 2021 interview that there was no justification for putting people who use illicit drugs in jail.

Volkow also sent a letter with the head of the National Institute of Mental Health to senators arguing that criminalization was making it hard for scientists to research the possible benefits of psychedelics.

If cannabis and psychedelics are decriminalized or even legalized federally, companies such as Advanced Container Technologies Inc. (OTC: ACTX), which makes equipment to facilitate the indoor cultivation of various plants including cannabis, could see significant growth in the years to come.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — The Marijuana Drinks Segment Looks Poised for Long-Term Growth

We have seen several major players enter the marijuana drink market in the recent past as more products are launched, despite the segment being in its infancy. While the focus in the past had been THC-infused drinks, we have seen interest in the wellness benefits linked to CBD growing as well.

Cannabis drinks are popular with consumers for various reasons, including fewer health concerns, discreetness, ease of consumption and less stigma when compared to other marijuana consumption methods such as smoking. These drinks also have faster onset of effects as the cannabinoids are quickly absorbed into an individual’s bloodstream under the tongue and through the mouth and the stomach. Marijuana beverages also come in different doses of CBD and THC, with most having both cannabinoids in them.

Additionally, these drinks are meeting the demands of the growing wellness market as consumers look for alternative edibles that are low in calories, sugar and alcohol.

What market share do these infused beverages occupy?

A Headset report comparing sales in the overall drinks market shows that in the United States, there’s consistent growth for marijuana drinks. In January of this year, cannabis drinks held about 1% share of the beverage market. This growth is more pronounced in the Canadian market because of legalization, with figures showing that marijuana drinks occupied about 2% of the overall beverage market at the start of this year.

The report also offered insight into the performance of different product segments in the marijuana drinks market, showing that in Canada, carbonated beverages occupied about 50% of the market share while marijuana-infused water occupied 20% of the market share.

In America, fruit drinks, lemonade and iced tea make up about 21%; carbonated drinks occupy about 25% of the market share; and syrups, elixirs, mixes and drops make up about 29% of the market share.

Where is the market going?

Some of the notable players in the marijuana beverages industry include Select, PTS, Levia, Cann and Keef, among others. These companies, which target different market segments, all have the ability to secure production and distribution partnerships.

The industry’s range means that there’s a lot of room for growth and for other companies to enter the market. The industry is expected to continue growing at a considerable rate, especially with increased access from legalization and rising demand from wellness trends.

However, before it can comfortably compete with the alcohol industry, the industry will have to overcome a few barriers. Despite this, we can expect to see more variety and innovation in marijuana-based beverages as time goes by, which will cement its share in the overall beverage market.

As the different product segments grow and reach maturity, companies such as Advanced Container Technologies Inc. (OTC: ACTX), which makes products targeting indoor growers, are likely to also see accelerating demand for their products.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.