Technological Advances Help Better Regulate the Growing Cannabis Market
FinancialBuzz.com News Commentary
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NEW YORK, Jan. 12, 2021 /PRNewswire/ -- The cannabis industry has had some major accomplishments in recent years. Currently, sixteen states have now fully legalized the use of cannabis products for both medical and recreational use. The recent election, in November, has further cemented the continuous expansion of cannabis legalization as New Jersey, a major potential market for the industry, voted in favor of legalization as well. Nonetheless, the concern over cannabis abuse is still a major drawback. For instance, the National Institute on Drug Abuse highlighted that the long-term effects of constant cannabis use can alter brain development and cause memory impairment and affect learning functions. Consequently, this can affect a user's ability to perform daily functions. In fact, one of the major concerns over cannabis abuse revolves around operating a vehicle while impaired. The National Institute on Drug Abuse highlighted that marijuana was the most common illicit drug found within the bloodstream of drivers who were involved in vehicle accidents, including fatal ones. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), Aphria Inc. (NASDAQ: APHA) (TSX: APHA), Harvest Health & Recreation Inc. (OTC: HRVSF), HEXO Corp. (NYSE: HEXO), Planet 13 Holdings Inc. (OTC: PLNHF)