Chris@CNW, Author at CannabisNewsWire

WednesdayJun 30, 2021 4:20 am

420 with CNW — Marijuana Cuts Migraine Pain, Headache by Almost Half, New Study Finds

A lot of people who have used cannabis regularly report that it has pain-relieving effects. But since cannabis has been illegal and intensely policed for such a long time, researchers have barely been able to conduct any research into its alleged health benefits. However, with more than 30 states legalizing cannabis in some form, the controversial drug is finally coming out from under the yoke of prohibition, and this has allowed scientists to take at a closer look at its medical capabilities. A recent study, which was published in the “Journal of Pain” has confirmed what many cannabis users have…

TuesdayJun 29, 2021 4:20 pm

420 with CNW — Researchers Develop Peptide That Allows Medical Cannabis to Alleviate Pain Without Inducing Side Effects

Researchers have created a peptide that can allow THC to combat pain without inducing the side effects it causes, as observed in mice. This could potentially bring relief to many individuals living with chronic pain and who have no access to medical marijuana. Data from the CDC shows that nearly 20% of grownups in the United States suffered from chronic pain in the year 2019. Opioids are the primary medication prescribed for severe pain management and are effective. However, they are easily addictive which has prompted many physicians to stop prescribing them, leaving patients who suffer from chronic pain with…

TuesdayJun 29, 2021 1:10 pm

Sugarmade, Inc. (SGMD) Is ‘One to Watch’

Sugarmade Inc. aims to expand its end-market access as a central player in the growing California cannabis delivery marketplace while developing its in-house cannabis production capacity to verticalize operations in the space The company has made key cannabis industry investments in NUG Avenue and BudCars On May 17, 2021, Sugarmade announced its entry into a definitive agreement for its acquisition of Lemon Glow Company Inc The Lemon Glow acquisition includes 640 acres of property, 32 of which have already been designated for outdoor cannabis cultivation California’s legal market hit $4.4 billion in sales in 2020, up from $2.8 billion in…

TuesdayJun 29, 2021 12:26 pm

Golden Triangle Ventures Inc. (GTVH) Finalizes Acquisition of Syndicate Bass Records, Announces Launch Event for Label

Acquisition enables GTVH, Lavish Entertainment to debut experimental bass music record label Hard Rock Live event spotlights artists that are releasing music on the Syndicate Bass Records label Company has built reputation for providing intricate, complex sounds; spotlighting artists from around the world Golden Triangle Ventures (OTC: GTVH) and its subsidiary Lavish Entertainment have completed an acquisition that enables the company to debut its own experimental bass music record label (https://cnw.fm/MwcaB). GTVH and its entertainment division signed off on the acquisition of Syndicate Bass Records LLC, a label collection curated by individuals who strongly believe in the impact of the…

TuesdayJun 29, 2021 9:33 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) (CSE: LXX) Is ‘One to Watch’

Lexaria Bioscience Corp. has disruptive proprietary technology protected by a broad international patent portfolio The company has been issued 19 patents in the U.S., European Union and other countries, with more than 50 patents pending around the world Lexaria’s DehydraTECH technology has a vast worldwide, multi-billion-dollar total addressable market, including multiple rapid-growth segments like cannabinoid and noncombustible nicotine delivery The company has licensed its fat-soluble active molecule delivery technology to multiple established companies for use in their products Lexaria completed an uplisting to Nasdaq Capital Markets and an $11 million financing in January 2021 Lexaria Bioscience (NASDAQ: LEXX) (CSE: LXX)…

TuesdayJun 29, 2021 4:20 am

420 with CNW — Researchers Find Marijuana May Be Used to Alleviate Pain Caused by Sickle Cell

A clinical trial that was conducted by researchers from the University of California-Irvine in collaboration with UC San Francisco has found that marijuana has the potential to be used as a treatment for chronic pain in patients suffering from sickle cell disease. The trials discoveries were reported in JAMA Network Open. Prof. Kalpna Gupta, who is a member of the Irvine institution’s Center for the Study of Cannabis as well as being an Irvine researcher, states that the trial led them to the discovery that vaporized marijuana is generally safe, suggesting that patients suffering from sickle cell anemia may alleviate…

MondayJun 28, 2021 4:20 pm

420 with CNW — California Earmarks $100M to Support Licensed Cannabis Firms During Pandemic

For many states with legal cannabis markets, one of the objectives of legalizing the controversial drug was to cripple the illicit cannabis market by taking away its clientele. While that sounds like a great idea in theory, most of these states have been unable to do any real damage to the illegal market so far. Not only do black market sellers tend to price their cannabis cheaply, but they don't have to jump through a wide variety of hoops to start selling, and this ensures the black market has an unending supply of affordable cannabis. California, for instance, legalized marijuana…

MondayJun 28, 2021 1:55 pm

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Expands Position in Oregon Cannabis Market Showing 150% Sales Growth

Oregon recreational marijuana companies are experiencing the best market conditions in years Chalice’s acquisition of Homegrown dispensaries expands company’s retail stores in Oregon from 7 to 12 CEO says company has ability to significantly increase vertical margin revenue Business is booming for cannabis companies in Oregon, with a recent Oregon Liquor Control Commission (“OLCC”) study reporting that cannabis production has increased 78% since 2019, while the amount of cannabis sold has skyrocketed by 150% (https://cnw.fm/diFeI). That is welcome news to Chalice Brands (CSE: CHAL) (OTCQB: CHALF), as the company recently announced an acquisition that brought a chain of five Oregon-based…

MondayJun 28, 2021 12:54 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Ready as Ottawa Review of Federal Cannabis Act Approaches

Canadian lawmakers are scheduled to assemble during Q4 to assess past, current, future state of legal cannabis market Pac Roots Cannabis has quietly positioned itself as an integrated producer of premium cannabis and hemp Pac Roots is generating revenue through a hemp JV, has access to exclusive cultivars, is completing a production facility, has an agreement for more land and recently bought an established cannabis lifestyle brand The Canadian government has taken a measured approach to legalization of marijuana, but now nearly three years in, advocates will be looking at meaningful progress with regards to regulations to support the industry…

MondayJun 28, 2021 4:20 am

420 with CNW — Marijuana Could Fuel Novel Food Culture

For decades, plants within the Cannabis Sativa family have been associated with marijuana and its infamous “high.” Even as the state-legal cannabis industry becomes larger and more lucrative, THC (delta-9 tetrahydrocannabinol), the compound responsible for marijuana's intoxication, has taken center stage. However, cannabis and hemp are extremely versatile and have a wide variety of applications ranging from textiles and construction to health and wellness. Cannabis is undoubtedly one of the fastest-growing industries in the country, with Ben Larson, CEO of Oakland, California-based firm Vertosa calling it the most exciting growth opportunity since the advent of the internet. Vertosa is a…