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ThursdaySep 02, 2021 4:20 pm

420 with CNW — Top Federal Official Concedes Marijuana Advocates Were Right about Teen Cannabis Use

The road to cannabis reform has been long, tedious and fraught with hurdles. After decades of prohibition, anti-marijuana propaganda and harsh policing, reforming cannabis laws and changing the public’s perception towards cannabis was bound to be a challenge. While reform advocates argued that legalizing cannabis would offer a much-needed reprieve to the minority communities that had suffered the most from the failed war on drugs in addition to creating new jobs and filling state coffers with tax revenue, opponents said that it would inevitably lead to increased drug use, especially among the youth, and promote criminal activity. However, studies have…

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ThursdaySep 02, 2021 9:30 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Ideally Situated in Burgeoning Cannabis Beverage Sector

EMR report projects that North America is likely to be fastest, largest marketplace for cannabis beverages Cannabis beverage industry projected to grow at CAGR of 48% in the next five years, reaching an anticipated $12.7 billion by 2026 BevCanna manufactures its own beverage product lines, offers white-label services to companies looking for the highest-quality products available North America will be a leader in the global cannabis beverage market, according to a recent Expert Market Research (“EMR”) report (https://cnw.fm/KFpSc). This projection bodes well for BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health & wellness beverage and natural products…

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ThursdaySep 02, 2021 4:20 am

420 with CNW — Snoop Dogg Urges Sports Leagues to Permit Cannabis Use by Athletes in Lieu of Opioids

Cannabis use among athletes is a controversial topic. Some sporting leagues have adhered to federal law, which classifies cannabis as a Schedule 1 controlled substance, and banned their athletes from consuming marijuana. In the past, professional sporting leagues such as the NBA and the NL tested for cannabis and often imposed punitive measures on athletes who failed these tests. However, the conversation regarding professional sports and cannabis peaked when American sprinter Sha’Carri Richardson was suspended from participating in the Olympics after testing positive for THC, the main psychoactive agent in cannabis. Richardson had consumed cannabis in Oregon where both recreational…

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WednesdaySep 01, 2021 4:20 pm

420 with CNW — California Sets Fiscal Year Record for Marijuana Tax Revenue

The nonpartisan Legislative Analyst’s Office in the state of California estimates that during the 2020–21 fiscal year, the state collected roughly $817 million in recreational cannabis tax revenue. This amount is 50% more than the marijuana earnings for the state coffers that were generated in the previous fiscal year. The officials state that combined cultivation and excise tax revenue for the fourth quarter, which ended in June, equates to $211 million. It should be noted that these figures do not include local revenues to municipalities where the transactions occur, nor do they take into account additional regular sales taxes generated…

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WednesdaySep 01, 2021 11:23 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Targets Burgeoning Hypertension, Antiviral Therapeutics Markets with Drug Delivery Technology

Lexaria has progressed significantly in evidencing that its patented DehydraTECH(TM) drug delivery technology can sufficiently improve the usable fraction of known antiviral drugs that reach the bloodstream According to a Newsfile Corp. article, this technology can be applied to rendering treatments for HIV/AIDS and other infectious diseases more effective The company also released partial results from a human clinical study evaluating DehydraTECH-processed CBD for potential application against hypertension, which evidenced a rapid and sustained drop in blood pressure Growing hypertension and antiviral therapeutics market represent a potential win for Lexaria In July, Lexaria Bioscience (NASDAQ: LEXX), a drug delivery technology…

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WednesdaySep 01, 2021 4:20 am

420 with CNW — Is Hemp Clothing as Sustainable as Claimed?

As more countries adopt the use of renewable energies, people are encouraged to live more sustainably. Clothes made from hemp have become a popular alternative to the traditional poly-cotton blend, as the material is not only ecofriendly but also natural. So, what is hemp? Unlike marijuana, hemp doesn’t contain THC, which is the psychoactive ingredient that causes a high. Hemp is a biofiber that has been used for millennia as rope, medicine, food and almost any other item that can be made from its fibrous and durable stalks. Hemp fiber is completely biodegradable and natural, in addition to being antimicrobial,…

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