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WednesdayJun 05, 2019 10:24 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Expands Opportunities for 1906 Edibles

LXRP has expanded its cannabis product relationship with Nuka Enterprises’ 1906 brand DehydraTECH enables 1906 chocolates to deliver on both function and flavor The company is expecting a tenfold increase in sales with expansion to legal markets Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), the developer and out-licenser for the disruptive and cost-effective DehydraTECH, recently announced that it has expanded its cannabis product relationship with Nuka Enterprises LLC, maker of 1906 cannabis edibles for high-functioning adults (http://cnw.fm/JN0vh). Since its beginnings in 2016, 1906 chocolates have benefited from DehydraTECH technology. In three short years, Nuka has become Colorado’s fastest-growing edibles company, and…

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WednesdayJun 05, 2019 9:00 am

Products for Pets Gain Prominence in Hemp Market

CannabisNewsWire Editorial Coverage: As the hemp and CBD markets grow, a wide variety of CBD- and hemp-based products are becoming available, including products for pets. Geyser Brands Inc. (TSX.V: GYSR) (GYSR Profile) has recently announced an acquisition that provides the company with two brands of hemp and CBD products. Indiva Ltd. (TSX.V: NDVA) (OTCQX: NDVAF), which provides infused products for humans, is working on a new extraction facility to increase its production. Viridium Pacific Group (TSX.V: VIR) (OTCQB: VIRFF) is supporting the growth of the hemp and cannabis industries through investment, both in acquisitions and in partnership with smaller companies.…

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WednesdayJun 05, 2019 4:20 am

420 with CNW – French Medical Marijuana Experiment Starting Soon After Enabling Law is Passed

On May 28 this year, the French Senate passed a bill paving the way for marijuana to start being used therapeutically in the country. The health ministry is yet to give its approval to this law, but once it does, an experiment lasting two years will be launched to analyze the effects of marijuana on pain relief. Patient groups put the estimate of people who would be eligible to access marijuana for pain at about 300,000-1,000,000 people. A committee is evaluating the measures which have been designed to implement the medical cannabis experiment. This committee will release their findings on…

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TuesdayJun 04, 2019 4:20 pm

420 with CNW – Medical Marijuana Patient Numbers Outpacing Canadian Doctor and Cannabis Supply

The skyrocketing number of patients on the Canadian medical cannabis program is outstripping the capacity of the health system and the product supply to handle that surge in patient numbers, according to doctors who participate in the program. One year ago, 250,000 patients were enrolled on the medical cannabis program. By the end of December 2018, the number had ballooned to 350,000. Current estimates put the number of patients in the program at more than 400,000. This surge is partially attributed to the legalization of recreational marijuana because this removed the stigma associated with cannabis. However, this change in cannabis…

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TuesdayJun 04, 2019 12:01 pm

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) is “One to Watch”

H1 2019 results reflect excellent operational execution: lowest cost of cultivation per gram among publicly reporting Canadian LPs, industry-leading adjusted gross margin and adjusted EBITDA (positive adjusted EBITDA for 3rd consecutive quarter in Q2 2019) On track to increase target production capacity to 113,000 kg/year by the end of 2019 Well-positioned for Canada’s new edibles and derivative legalization expected in October 2019 with expanding production capacity, R&D and various strategic partnerships Invested in biosynthesis to produce cannabinoids without growing the plant at a fraction of cultivation costs Focused on developing further international partnerships, prioritizing the CBD market Organigram Holdings Inc.…

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TuesdayJun 04, 2019 10:22 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Advances Add-on Strategy in Effort to Build Statewide Distribution and Branding Network

TransCanna recently executed an LOI to acquire premier indoor cultivator Lyfted Farms Lyfted Farms also offers an SAAS (software-as-a-service) platform for cannabis TransCanna released a video tour of its 196,000 sq. ft facility in Modesto, California With its proposed acquisition of Lyfted Farms Inc. of Modesto, California, TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) is showing that its search for synergies continues. The company, based in Vancouver, Canada, announced the execution of a non-binding letter of intent dated May 17, 2019, to acquire the business and assets of Lyfted (http://cnw.fm/Igd3S). The acquisition, when competed, will follow a raft of others as…

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TuesdayJun 04, 2019 10:06 am

9 Essential Tips for First-Time Cannabis Consumers

An estimated 7,000 people try cannabis for the first time in the United States every day, according to one study. Consuming cannabis for the first time is a very big decision and one that people should not take lightly. It is true that cannabis is safer than other common substances including alcohol and many pharmaceutical drugs, however this doesn't mean that someone should jump into consuming the herb without some important considerations. Cannabis requires a bit of practice, and with a few tips, newcomers are more likely to have a positive experience. Having an undesirable experience with cannabis may not cause any…

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TuesdayJun 04, 2019 9:52 am

VPR Brands LP (VPRB) Focuses on Premium Brands for Cannabis, CBD Oil Sectors

VPR Brands partners with top names in the cannabis and CBD oil industries The company’s assets include issued U.S. and Chinese patents for atomization-related products VPR Brands recently reported increased revenues for Q1 2019 A technology holding company, VPR Brands LP (OTC: VPRB) operates in the electronic cigarette (e-cigarette) and personal vaporizer industry in the United States. The company’s assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers and e-cigarette products and components. Furthermore, VPR Brands engages in product development for the vapor or vaping market, including e-liquids. Headquartered in Fort Lauderdale, Florida,…

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TuesdayJun 04, 2019 4:20 am

420 with CNW – Alabama Legislature Passes Medical Cannabis Commission Bill

On Friday (May 31), the legislature in Alabama passed a bill which opens the way for legalizing medical marijuana in the state. The Assembly voted 80-19 for the bill while the Senate approved the amendments made by the House by a 27-2 vote. All that is left is for Gov. Ivey to sign the bill into law. While this bill can be lauded as a step in the right direction, it also comes as a setback for marijuana advocates because the original bill sponsored by Sen. Melson (R-Florence) sought to legalize medical cannabis by 2021 but the version passed by…

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MondayJun 03, 2019 4:20 pm

420 with CNW – Illinois Just a Step Away from Legalizing Marijuana After Assembly Passes Senate Bill

The Illinois Senate passed a bill legalizing recreational marijuana and left the Assembly with just two days to approve the changes made to HB 1438 before the current legislative session ends. The House did just that on Friday (May 31), and what is left is for the governor to sign that bill into law so that the state becomes the 11th across the country to fully legalize marijuana. Gov. Pritzker campaigned on a platform of marijuana legalization, so he is widely expected to sign off on the bill when it gets to his desk. If the bill becomes law, adults…

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