December 2021 - Page 3 of 8 - CannabisNewsWire

TuesdayDec 21, 2021 12:07 pm

As Cannabis Market Continues to Expand, Marijuana Company of America Inc. (MCOA) Anticipates Sustained Growth Following Record-Breaking Quarter

Education and job opportunities are being created for the sector, as more states and more countries around the word are pushing for cannabis legalization MCOA offers diverse operations that include both wholly-owned subsidiaries and investment interests, including Cannabis Global Inc., Eco Innovation Group Inc., and Natural Plant Extract During Q3 2021, the company saw its highest revenue earning quarter since it became public Despite challenges posed by the global pandemic, the legalized cannabis market is expected to grow significantly in the next five years. The market was valued at approximately $19.96 billion in 2018, and it is expected to grow…

TuesdayDec 21, 2021 10:39 am

BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) TRACE Natural Alkaline Spring Water Named as the Official Water Supplier for Vancouver’s 2022 Canadian E-Prix Event

BevCanna Enterprises’ TRACE line of natural alkaline and mineral-infused spring waters have been named as the official water supplier for Vancouver’s 2022 Canadian E-Prix event TRACE Natural Alkaline Spring Water, which originates from BevCanna’s wholly owned natural spring water aquifer in British Columbia, are renowned for their optimal mineral content and eco-friendly packaging BevCanna will launch a unique, commemorative package for its signature water brand in the run-up to the Vancouver E-Prix The event will serve to further propagate the TRACE brand name, with the company already named as the official water supplier to British Columbia’s firefighters BevCanna Enterprises (CSE:…

TuesdayDec 21, 2021 4:20 am

420 with CNW — Does CBD Support Post-Cancer Recovery?

You have probably heard about CBD, either from the media or in person, especially in regard to its medical potential. Cannabidiol (“CBD”) came into the limelight when the 2018 farm bill federally legalized the cultivation and sale of industrial hemp and its derivatives, including CBD. Although hemp is in the cannabis family, CBD extracted from legal industrial hemp will not intoxicate you. However, CBD still shares plenty of medical properties with THC, the main psychoactive agent in marijuana, and several studies have found that cannabidiol can aid in post-cancer recovery. So how exactly does taking CBD aid in post-cancer recovery?…

MondayDec 20, 2021 4:20 pm

420 with CNW — Marijuana Industry Expects to See Spike in Sales This Holiday Season

The holiday season is here, and while most industries will see a slight decline in profits, marijuana sales are expected to go up. Reports from Leaflink show that cannabis sales rose by more than 30% in the week leading up to Christmas last year, in comparison to the previous four weeks of 2020. Additionally, sales on Christmas Eve last year rose by 61%, in comparison to the previous four Thursdays. Leaflink, a unified marijuana platform, also reports that on the days leading up to Green Wednesday November, they saw an increase of more than 10% in sales. If sales from…

MondayDec 20, 2021 12:19 pm

RYAH Group Inc. (CSE: RYAH) Releases Medical Cannabis Report on Cancer and Adverse Cancer Treatment Effects

RYAH recently released report highlighting medical cannabis treatment for cancer and adverse effects of cancer treatment Data from 80,000 sessions logged between January 1, 2018 and November 15, 2021 tracked conditions including anxiety, cachexia, fatigue, pain, nausea, and stress 62% of patients reported a moderate experience using cannabis to treat cancer-related conditions RYAH supports cancer research and treatment with IoT product ecosystem comprised of volume-control devices, medicine-carrying components, mobile applications RYAH Group (CSE: RYAH), the leader in volume-control technology for plant-based medicine, recently released a medical cannabis report on cancer and the adverse effects of cancer treatment (https://cnw.fm/DNIbC). Data from…

MondayDec 20, 2021 4:20 am

420 with CNW — Florida Bipartisan Bill Seeks to Reform Medical Cannabis Program

State cannabis laws have always been tricky; in most cases, they arise from voter-approved initiatives, and their structures are usually determined by lawmakers who largely aren’t fans of cannabis. The result is a lot of push and pull between Republicans and Democrats while consumers sometimes have to contend with a wide variety of subpar, contaminated and even unsafe cannabis products. In Florida, both sides of the political spectrum are setting aside their differences to work on a major cannabis reform bill that would potentially fix an oversight left by the 2018 farm bill. The farm bill legalized the cultivation and…

FridayDec 17, 2021 4:20 pm

420 with CNW — ONDCP Director Open to Harm-Reduction Intervention to Manage Overdose Crisis

Top health officials in the Biden administration have been promoting harm reduction for a while now. Recently, the director of the Office of National Drug Control Policy, Rahul Gupta, stated that exploring every option to decrease deaths caused as a results of overdoses was crucial, noting that the options included allowing sites for the safe consumption of illicit substances if evidence supported their effectiveness. When asked about the launch of a pair of safe consumption sites in the state of New York late last month and whether he supported it, Gupta stated that he was interested in examining the data…

FridayDec 17, 2021 9:00 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM)-CBD Reduces Arterial Stiffness in Study HYPER-H21-2 Broadening Applications Beyond Hypertension

Cardiovascular diseases are the leading cause of death worldwide and arterial stiffness serves as a significant marker of related conditions, including hypertension (high blood pressure) The company’s studies earlier this year indicated the potential of DehydraTECH to improve CBD’s ability to reduce high blood pressure in a rapid and sustainable manner that exceeds the ability of a generic CBD formulation Arterial stiffness is a noted indicator of diseases such as heart, kidney and pancreas organ ailments that increase mortality with age, therefore the ability to reduce arterial stiffness may have implications for improving human wellness and longevity HYPER-H21-2 results evidence…

FridayDec 17, 2021 4:20 am

420 with CNW — Major Kombucha Company Ventures into Marijuana Space

The most popular Kombucha brand globally, GT’s Living Foods is venturing into a new market: the marijuana industry. The firm is launching a marijuana–infused brew known as Cannabliss in the state of California. GT’s Living Foods has operated as part of the health and wellness sector for more than 20 years. It currently holds roughly 47% of the category market share through continued innovation. The brand has been brewing healthy beverages for more than two decades, which makes its move to create its first marijuana-infused line a well-calculated one. The CEO and founder of the company, GT Dave, stated that…

ThursdayDec 16, 2021 4:20 pm

420 with CNW — How the Marijuana Industry Is Leveraging the CPG Technique

The state-legal cannabis industry has come quite a long way, all things considered. After decades of racially motivated prohibition and the proliferation of anti-cannabis propaganda, Americans in dozens of states can now legally access the controversial plant. Dozens of states now allow medical marijuana while nearly 20 states have passed recreational cannabis legislation, building a massively lucrative state-legal cannabis market and attracting plenty of new businesses. Coincidentally, a lot of the talent drawn to America’s nascent cannabis industry is from the consumer packaged goods (“CPG”) space, and these experienced professionals are applying techniques they learned to the young but lucrative…