December 2021 - CannabisNewsWire

ThursdayDec 30, 2021 4:20 pm

420 with CNW — Study Looks to Reddit for Answers on Factors Fueling Cannabis Legalization

Researchers from Brown University recently conducted a study that examined posts on Reddit that could help explain what may have influenced the shift observed in the support for cannabis legalization by the public. Babak Hemmatian, the researcher who led the study, used machine learning to conduct an analysis of more than 3 million comments made on Reddit in the period 2009–19, to understand the online conversations that drove individuals to support reform. The chosen period of study represents an important timeframe in the legalization movement at the state level. The analysis revealed some unexpected trends, including the fact that individuals…

ThursdayDec 30, 2021 9:30 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) TRACE Named Exclusive Water Partner for Canada’s Country Music Week 2021; BevCanna Named One of 101 Top Food and Beverage Startups and Companies in Canada

BevCanna Enterprises announced that its in-house brand, TRACE was designated as the exclusive water partner for the Country Music Week 2021 The TRACE brand features a range of products sourced from springs located deep within the Rocky Mountains; the product range includes Natural Alkaline Spring Water, Plant-Based Mineralized Spring Water and Natural Flavor Sparkling Spring Water among others BevCanna Enterprises separately announced that it has been named as one of the 101 Top Food and Beverage Startups and Companies in Canada by Best Startup Canada BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health & wellness beverage and…

ThursdayDec 30, 2021 4:20 am

420 with CNW — Why Cannabis Firms Need to Focus on ESG Principles

Cannabis is one of the fastest-growing sectors in America. After only a couple of years of legal sales, cannabis firms across the country have generated billions of dollars in sales and created hundreds of thousands of new employment opportunities. The global cannabis industry is projected to grow at a compound annual growth rate (“CAGR”) of 32.04% from 2021–28, reaching a valuation of $197.74 billion in 2028. As the market fills with competition, cannabis companies that want to stand out from the pack and attract investors will need to focus on Environmental, Social, and Corporate Governance (“ESG”) principles. ESG principles are…

WednesdayDec 29, 2021 4:20 pm

420 with CNW — AOC Urges Biden to Exercise Executive Authority on Cannabis Policy

Rep. Alexandria Ocasio-Cortez (“AOC”) is calling on President Joseph Biden to begin taking unilateral action on different progressive measures, including marijuana. Earlier last week, the congresswoman tweeted that the president needed to use his executive authority, which he’d been underutilizing thus far. She explains that there was a lot the president, who has been in office for about a year now, could do regarding healthcare, immigration, student debt, climate and marijuana, among others. Ocasio-Cortez recently filed a bipartisan measure to incentivize state-level marijuana expungements. The congresswoman was also one of the first legislators to suggest that the president use executive…

WednesdayDec 29, 2021 4:20 am

420 with CNW — Common Myths About Marijuana Edibles That Have Been Debunked

As more states legalize cannabis for recreational and/or medical use, the popularity of cannabis edibles grows. People in legal states can now make their own homemade edible versions or purchase edibles from state-legal dispensaries. Unfortunately, some people are somewhat skeptical when it comes to consuming edibles, given the common myths spread about them. While some myths perpetuate harmless but incorrect narratives about cannabis, others are harmful. Today, we’ll look at and debunk the most common myths about edibles. Mangoes increase marijuana’s potency If you are wondering how in the world someone could start a myth that consuming a mango alongside…

TuesdayDec 28, 2021 4:20 pm

420 with CNW — Study Finds Smoking CBD-Rich Cannabis Doesn’t Impact Driving Ability

Over the past couple of years, cannabis has experienced a surge in popularity partly due to its purported medical abilities. As territories around the world started legalizing cannabis and hemp, reports of the controversial plant’s medical efficacy spread far and wide. Cannabidiol, one of the chemical compounds produced by plants in the cannabis family, has attracted most of this attention thanks to its potent medical properties. Unlike THC, the main psychoactive agent in marijuana, CBD does not intoxicate users or slow their mental and physical reactions. A pilot study from Switzerland sought to find out whether there was a connection…

TuesdayDec 28, 2021 9:30 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Reports Strong Third Quarter 2021 Financial Results; Sees Revenues Soar by Upwards of 1,000% YoY

BevCanna Enterprises recently published its unaudited financial results for the third quarter of 2021 The company recorded over 1,000% revenue growth year-over-year which separately recording positive gross profit for the quarter In addition to receiving its initial orders from the British Columbia, Alberta and Ontario Cannabis Distribution companies, BevCanna has also signed an agreement with UNFI Canada – thus leading to a significant expansion in its geographical distribution footprint across Canada BevCanna also announced the acquisition of Embark Health Inc, a leader in solventless cannabis extraction, as it actively diversifies from its core beverage manufacturing business BevCanna Enterprises (CSE: BEV)…

TuesdayDec 28, 2021 4:20 am

420 with CNW — Weed 6: CNN Shines the Light on Medical Cannabis for Autistic Kids

Cannabis may still be one of the most controversial plants in America’s history, but awareness of its potential medical abilities is steadily increasing. First legalized for medical use by California in 1996, medical cannabis is now legal in 36 states and used to alleviate medical conditions such as chronic pain, cancer and cancer treatment symptoms, epilepsy, glaucoma and Alzheimer’s disease. Thanks to the plant’s potent medical properties, researchers all over the world are constantly running studies to discover the breadth of marijuana’s medical potential. A pediatric clinical trial at UC-San Diego’s Center for Medical Cannabis Research has found that cannabidiol…

MondayDec 27, 2021 4:20 pm

420 with CNW — Congressional Democrats Gear Up for Cannabis Reform Efforts

In a memo to the Congressional Cannabis Caucus, Reps. Barbara Lee and Earl Blumenauer wrote that the growing bipartisan momentum for marijuana reform show that Congress is ready for progress next year, noting that they were close to making its marijuana laws and policies align with the views of Americans. This comes after several proposals were introduced, including federal initiatives that will expunge criminal records of cannabis offenders and establish banking services for the burgeoning marijuana industry. A poll conducted by Gallup last year found that almost 70% of Americans, including about one-half of Republicans, support the legalization of cannabis.…

MondayDec 27, 2021 1:33 pm

Flora Growth Corp. (NASDAQ: FLGC) Marks 2021 Close with Product Diversification and Market Expansion

Flora Growth recently expanded into Mexico and Spain with its Mind Naturals and Awe CBD skincare brands Additionally, the company ventured into the dry herb market through Vessel brand, its wholly owned subsidiary The recent licensing agreement with Tonino Lamborghini marks Flora Growth’s aggressive product diversification plan that has defined its 2021 calendar year All the decisions and moves made by the company so far have been geared toward growing the company’s market share, expanding its market reach, and increasing value for its shareholders Flora Growth (NASDAQ: FLGC) completed its first traditional cannabis Initial Public Offering (“IPO”) in May 2021.…

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Month: December 2021