420 with CNW — WADA Announces Intention to Review Stance

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
225
420 with CNW — WADA Announces Intention to Review Stance on Marijuana Ban

The World Anti-Doping Agency (“WADA”) will reassess its stance on whether marijuana should remain on the prohibited list. This comes after the incident where American runner Sha’Carri Richardson was forced to pull out of the Tokyo Olympic Games. During the U.S. Olympic Trials, Richardson’s 100 meters win was cut short after it was revealed that she had tested positive for cannabis. This led to her disqualification; she was also banned from competing for 30 days.

Whether cannabis has a positive effect on an athlete is being challenged by the German Institute for Biochemistry. According to the institute, cannabis does not improve an athlete’s performance; however, its use could lead to further risky behavior within certain sports.

WADA said that the executive committee supported the resolutions from the List Expert Advisory Group to conduct a scientific review on cannabis this year. This was after a number of stakeholders issued requests to review the status of cannabis on the list. However, the body clarified that cannabis is still prohibited in competitions held this year.

Dr Peter Brukner, a researcher as well as a sports physician, has spent the last year studying medical cannabis. He said that there is no evidence that marijuana enhances the performance of an athlete; in fact, he says, it is “performance limiting.” Brukner believes the reason why the substance is banned is because of the legality issues surrounding it. This year, the doctor will be conducting clinical trials at La Trobe University to see whether medical cannabis is effective for pain relief and can be incorporated into the treatment for athletes.

At this year’s Winter Olympics, Kamila Valieva, a figure skater representing Russia, tested positive for the heart drug trimetazidine and was still allowed to compete in the Beijing games. The 15-year-old won gold in the team competition, and Sha’Carri Richardson questioned the double standard as to Valieva was still allowed to compete despite having a doping charge.

During the ruling, the Court of Arbitration for Sport said that Valieva was not cleared, which means that there is a possibility that her awards could be stripped and that her submission to different rules is because she was judged as a minor and not an adult athlete.

Other leagues have recently been revising their policies on marijuana use. On Feb. 1, 2022, the NFL issued a $1 million research grant to look into marijuana’s effectiveness in pain management. Last year, the NBA stopped subjecting its players to THC tests and stated that it would only intervene in cases where there was a present history of abuse. In 2019, the MLB removed marijuana from its list of banned substances but will continue to prohibit its players from getting into contracts with cannabis businesses such as Cannabis Strategic Ventures Inc. (OTC: NUGS) regardless of their legality in the jurisdictions where they operate.

NOTE TO INVESTORS: The latest news and updates relating to Cannabis Strategic Ventures Inc. (OTC: NUGS) are available in the company’s newsroom at http://cnw.fm/NUGS

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



Cannabis Strategic Ventures, Inc (NUGS) Stock Research Links

NUGS Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Eluvio's Game-Changer: AI Integrated Direct to Stream

Updated Category News Views 2

A groundbreaking change is thrust upon the video streaming landscape, disrupting traditional workflows. Eluvio, with its Universal & Dynamic Video Intelligence Architecture, is not just tweaking the formula; it's setting a brand-new standard. Their innovations were on full display at the IBC Show 2026 in Amsterdam, and believe me, they're redefining how we think about...

Continue Reading
Geron Faces Legal Woes: Investors Watch for Fallout

Updated Category News Views 2

Legal Storm Brewing Around Geron Corporation Ah, the familiar smell of trouble in corporate paradise, and this time it's drifting from Geron Corporation (NASDAQ: GERN). If you've got your chips on the table with these guys, you'd better pony up and listen up. Kuehn Law, PLLC is lighting a fire under Geron's board, snooping on whether their head honchos scuttled their...

Continue Reading
Spencer Spirit Completes Hot Topic Acquisition

Updated Category News Views 1

Merging Forces in Retail In the latest retail reshuffle, Spencer Spirit Holdings has wrapped up its acquisition of Hot Topic, Inc., alongside its eclectic sub-brands: BoxLunch and Her Universe. This move doubles down on Spencer Spirit's ambitions to tighten its grip on the mall-based specialty retail game. If you're an investor looking for a shake-up that could redefine...

Continue Reading
Intrigue Over Guadalupe River Property Bid

Updated Category News Views 2

Straight up, a chance like this doesn't float by every day. The Guadalupe River portfolio, with its mix of entertainment, hospitality, and commercial assets up for grabs in New Braunfels, Texas, is the talk of the investor town. If you've got deep pockets and a keen eye for opportunities, you're gonna want a piece of this pie before the September 22 bid deadline hits. The...

Continue Reading
Max Stock Expands with Strategic Logistics Center

Updated Category News Views 0

Expansion in Full Swing In a move that might get tongues wagging in the boardrooms across Israel, Max Stock Limited (TASE: MAXO) just signed a hefty lease for a logistics center in Ofakim. This isn't just a modest expansion—it's a jaw-dropper at about 45,000 square meters. We're talking about a major upgrade that'll beef up their logistical backbone as they continue...

Continue Reading
Wahl's Bold Move: The Baldscaper™ Revolution

Updated Category News Views 4

A Legacy of Grooming Innovation When Wahl, a brand that's been in the grooming game for over a century, decides to go all in on a new product, you better believe it's worth a look. Wahl's new Baldscaper™ isn't just another gadget in the grooming aisle—it's a statement. Going bald can be a bold choice, and with their latest unveil, Wahl seems to be rewarding every...

Continue Reading
Ares Management Heads to Barclays Conference Spotlight

Updated Category News Views 2

All Eyes on Ares – From the Trading Floor to Barclays Nothing like the crisp snap of traders' attention when big players like Ares Management Corporation (NYSE:ARES) are set to spill some beans at a fancy conference. Come September 16, 2026, Ares' head honcho, Michael Arougheti, will be hitting the stage at the Barclays Global Financial Services Conference. It’s the...

Continue Reading
Insilico Joins HKEX Tech 100: AI and Pharma Synergies

Updated Category News Views 1

Insilico Medicine just locked down a spot in the HKEX Tech 100 Index, and that's a pretty big deal, if you ask me. This Cambridge-based outfit is making waves with its generative AI wizardry in drug discovery. It's not just about earning a tech badge of honor here; it's about opening doors to new investors and bolstering liquidity. When changes hit on September 14, 2026,...

Continue Reading
York Space Systems Faces Class Action After IPO Issues

Updated Category News Views 2

What's Up with York Space Systems? Alright, let's dive straight into this unfolding drama. York Space Systems—fresh off their IPO in January 2026—is now neck-deep in a class action lawsuit courtesy of Robbins LLP. It's a heavy hitter for folks who put money into their stock under the assumption that it was as solid as a rock. Instead, there seems to be a soft...

Continue Reading
Tahoe Truckee Life TV Series Elevates Local Flavor

Updated Category News Views 2

Meet “Tahoe Truckee Life” Kane Schaller, the face of the Tahoe Truckee Life series, is giving folks a front-row seat to the lives and landscapes that make the Reno-Tahoe region buzz. Now, I've seen shows trying to pull this off, but this one might just spark something genuine if done right. The Real Deal on Reno-Tahoe The show airs on the REAL Shows Network—a...

Continue Reading

Top 5 Most Recently Viewed Articles

Capri Holdings Faces Securities Fraud Lawsuit Amid Merger Troubles

Updated Category News Views 516

Capri Holdings Ltd. Under Legal Scrutiny In recent news, Capri Holdings Ltd. is facing serious allegations as a securities fraud lawsuit has been filed against the company and its executives. This has raised alarms among investors, particularly those with stakes in the company amidst recent merger developments. The Merger Announcement and Background The troubles began...

Continue Reading
Currency Exchange International Prepares for Q3 Earnings Call

Updated Category News Views 130

Currency Exchange International to Release Q3 Financial Results Currency Exchange International, Corp. (TSX: CXI; OTCQX: CURN) is set to announce its financial results for the third quarter of 2025 on a notable date. The company, known for its extensive range of foreign exchange services, will disclose its performance figures after market close on September 10, 2025. This...

Continue Reading
Understanding the Gaps in Manager-Employee Engagement

Updated Category News Views 164

Research Highlights on Manager and Employee Engagement The American Management Association (AMA) has unveiled its latest findings regarding the significant disconnect between managers and employees in workplaces today. This research, based on insights gathered from over 1,300 professionals globally, presents crucial revelations about how effectively managers are perceived...

Continue Reading
Blaire McClanahan Earns Recognition as Emerging Legal Leader

Updated Category News Views 77

Blaire McClanahan Receives Prestigious 40 Under 40 Award The Law Offices of Cheryl David is thrilled to announce that attorney Blaire McClanahan has been honored in the Triad Business Journal's 2026 "40 Under 40" list. This esteemed recognition celebrates young professionals who are significantly impacting their communities through diverse industries. About the 40 Under...

Continue Reading
Unlocking ITSM Modernization: The Rise of AI and Automation

Updated Category News Views 285

Unlocking ITSM Modernization: The Rise of AI and Automation IT leaders are experiencing a significant shift in the IT landscape, rapidly adopting automation and artificial intelligence (AI) to drive IT Service Management (ITSM) modernization initiatives. With the increasing demand for IT resources, these leaders face the dual challenge of improving operational efficiency...

Continue Reading