Chris@CNW, Author at CannabisNewsWire

WednesdayOct 13, 2021 4:20 am

420 with CNW — Safeguards Marijuana Extractors Should Consider for Facilities

Processors usually use different methods to extract marijuana. While there is a lot that goes into this, safety should be a top priority at all times. Natvana’s CEO Casey Flippo states that extraction laboratories should implement the applicable safety standards for the method of extraction they use. The most common methods of extraction include: Rosin, which is regarded as the safest method of extraction. However, individuals should be careful as burns are possible Ethanol is another extraction method that can create a flash point if too much vapor leaks into the air. The method is also highly flammable Carbon dioxide…

TuesdayOct 12, 2021 4:20 pm

420 with CNW — Mainstream Companies Want In on Growing CBD Sector

When the 2018 farm bill legalized the cultivation and sale of industrial hemp and its derivatives, it opened the floodgates on an extremely lucrative market. With less than five years of legal sales under its belt, the hemp-derived cannabidiol (“CBD”) sector has seen hundreds of millions of dollars’ worth of product sales. Extracted from hemp, CBD is said to be chock full of potent and versatile medicinal properties and consumers have been purchasing CBD products in droves to reportedly help alleviate issues such as anxiety, chronic pain, and insomnia, among others. According to a Grand View Research report, the CBD…

TuesdayOct 12, 2021 11:39 am

RYAH Group Inc. (CSE: RYAH) Positioned to Impact Palliative Care with AI-Powered Plant-Based Solutions

Palliative care focuses on providing end-of-life care for chronically ill patients Preliminary research suggests cannabis relieves pain, appetite loss, anxiety RYAH is the leader in volume-control technology for plant-based medicine RYAH’s ecosystem includes volume-control devices, medicine-carrying components, and AI-powered applications that capture and track data With a mission to advance remote-health solutions and analytics-based patient treatments across the world, RYAH Group (CSE: RYAH), the leader in volume-control technology for plant-based medicine, is positioned to address the urgent need for cannabis-based solutions in palliative care. Palliative care is an emerging healthcare field that focuses on providing solutions that alleviate the suffering…

TuesdayOct 12, 2021 4:20 am

420 with CNW — Key Mexican Senator Outlines Cannabis Legalization Steps

Three years ago, the Supreme Court in Mexico ruled that the country's ban on cannabis consumption was unconstitutional, ending decades of cannabis prohibition and requiring that lawmakers reform cannabis laws. Mexico's Congress was granted a deadline to repeal prohibitionist cannabis policies, now considered unconstitutional, but policymakers failed to do so within the allotted time. Both chambers of Congress spent months discussing and working on a legalization bill, repeatedly asking the court to extend the deadline. Last year, the Senate passed a bill and sent it to the Chamber of Deputies, which made revisions and sent it back. However, after a…

MondayOct 11, 2021 4:20 pm

420 with CNW — Congresswoman Previews Hemp Legislation That Will Ease Industry Restrictions

Hemp was federally legalized under the 2018 Farm Bill, which allowed farmers to begin growing this multifaceted crop. However, Congressional legislators are still working on changes to laws which govern the crop. Recently, Rep. Chellie Pingree previewed a bill that would ease restrictions on this flourishing industry. The bill, called the Hemp Advancement Act, includes a provision that will remove a ban that prevents individuals with felony drug convictions that date back to the last decade from acquiring a business license for the crop or participating in the market. Pingree stated that the provision disproportionately excluded people of color from…

MondayOct 11, 2021 2:19 pm

USA CBD Expo’s Chicago Conference Set to Take Place on October 28-30, 2021

USA CBD Expo will host their upcoming October conference at Chicago’s McCormick Place between October 28-30, 2021. Forming part of the nation’s largest CBD event series, the USA CBD Expo will cater to CBD industry newcomers and seasoned industry professionals alike The conference will play feature a series of keynote presentations and discussions delivered by some of the industry’s leading thinkers and innovators In addition, the Expo will also be host to over 500 of the industry’s largest and most pioneering brands who will showcase their diverse product ranges under a single roof USA CBD Expo is set to host…

MondayOct 11, 2021 1:43 pm

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Completes Refinancing Amid Multi-state Drive to Roll Out Cannabis Brands

Multi-State Operator Red White & Bloom Brands is a cannabis retail opportunity builder expanding via acquisitions to create a synergistic portfolio throughout North America The company recently completed strategic refinancing that reorganizes its debt under an agreement that matures in January 2023 The company continues aiming to improve its EBITDA margins under a harmonious High Times brand throughout its retail stores in Michigan, Florida, and Illinois, and it continues to build additional opportunities in California, Arizona, Oklahoma, and Massachusetts North America is set to become the dominant producer market for cannabis, and Red White & Bloom’s multi-state operator efforts are…

MondayOct 11, 2021 1:17 pm

Flora Growth Corp.’s (NASDAQ: FLGC) Expanding into Global Markets

Flora Growth recently announced it had signed an LOI to provide a Panama-based international importer and distributor with cannabinoid-containing food and beverages The announcement followed on the heels of regulatory changes passed by Panama’s National Legislative Assembly, which legalized the use of medical cannabis and its therapeutic properties In July, Flora Growth signed an LOI with an international distributor to supply its dried flower and derivatives, an immediate result of the legalization of the export of dried cannabis flower by Colombia’s government As a wave of cannabis-focused regulatory changes sweeps across Latin America and the world at large, Flora Growth…

MondayOct 11, 2021 4:20 am

420 with CNW — New Report Forecasts Significant Growth for Global Marijuana Sales

A new report that focuses on the rapid growth of both recreational and medical marijuana sales has been released by New Frontier Data. The report looks at what to expect in the international marijuana industry over the next couple of years, while analyzing the future and current trends in the international markets of Africa, Asia, Oceania, the Caribbean, Latin America, Europe and North America. In a letter included in the report, Giadha A. DeCarcer, executive chair, publisher and founder of New Frontier Data, stated that the industry would continue to expand and grow. DeCarcer explained that when the first global…

FridayOct 08, 2021 4:20 pm

420 with CNW — Humboldt County OKs $1M Grant Targeting Marijuana Growers

Despite its relatively young age, America's state-legal cannabis industry has been insanely lucrative. In just a few short years, the sector has generated billions of dollars in revenue, created hundreds of thousands of new employment opportunities, and filling state coffers with millions in tax revenue. However, while some cannabis farmers and companies have been laughing all the way to the bank, others are struggling to keep their heads above water and barely holding on. It has gotten so bad that California's Humboldt County has okayed a $1 million grant to help cannabis cultivators survive amid a significant drop in cannabis…