Breaks Categories: News

ThursdayOct 27, 2022 3:13 pm

CannabisNewsBreaks – Upcoming Tampa Event to Feature Cutting-Edge Offerings in the Alternative Products Space

On the heels of several successful events in North and South America, the Alternative Products Expo is set to arrive in Florida, at the Tampa Convention Center, on Nov. 10-12, 2022. The event will feature expert speakers, over 300 exhibitors, and more than 1,000 cutting-edge products in the exciting alternative products space. Renowned speakers will share their knowledge through keynotes, engaging panel discussions and specialized workshops. Attendees will have the opportunity to experience more than 250 vendors showcasing a significant array of goods and services while enjoying the festive atmosphere. “We're really excited about our first Tampa show, as this…

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ThursdayOct 27, 2022 1:26 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports Successful Results of Human Clinical Hypertension Study

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has announced that its human clinical study, HYPER-H21-4, may be the first-ever study to indicate a sustained drop in blood pressure (“BP”) in normally active hypertensive patients following multiple weeks of oral cannabidiol ("CBD") therapy. The study is evaluating Lexaria's patented DehydraTECH(TM)-CBD capsule formulation. LEXX reported that study results showed exceptional safety and tolerability and statistically significant lowering of 24-hour ambulatory BP as well as BP lowered for the duration of the entire five-week study. The study also indicated lowered BP for patients currently taking other antihypertensive drugs as well…

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WednesdayOct 26, 2022 11:23 am

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Support of EB Awareness Week

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development and manufacturing of rare cannabinoids, today announced that it is supporting initiatives to raise awareness of epidermolysis bullosa, a group of rare genetic connective tissue disorders. Epidermolysis Bullosa Global Awareness Week is Oct. 25-31, 2022. “In severe cases of epidermolysis bullosa, or EB, the very fragile skin tears easily and forms painful blisters and open wounds that do not heal quickly,” said Alexandra Mancini, SVP of Clinical and Regulatory Affairs for InMed. “EB is a very important but rare disease that does not get the attention it deserves. EB Awareness…

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TuesdayOct 25, 2022 10:50 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Webcast to Discuss M&A, International Markets

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has scheduled an analyst call for Oct. 26, 2022, at 2 p.m. EST. According to the announcement, the call will focus on the company’s recent M&A activity as well as growth opportunities in the international space. Leadership from Flora Growth, along with Franchise Global Health Inc., will be on the call to discuss the recent definitive agreement that two companies have signed regarding acquisition; discussion will also center on global opportunities within the cannabis industry. Through its subsidiaries, Franchise Global Health is a multinational…

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MondayOct 24, 2022 10:29 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters into Acquisition Agreement with German-Based Pharmaceutical, Medical Cannabis Distributor

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has inked a definitive agreement with Franchise Global Health Inc. (TSX.V: FGH), a multinational operator in the medical cannabis and pharmaceutical industry. The agreement outlines Flora Growth’s plans to acquire 100% of Franchise Global Health, which has principal operations in Germany, in an all-stock transaction. According to the agreement, the acquisition gives FLGC a foothold in German’s medical cannabis space because FGH’s German businesses service an estimated 1,200 pharmacies in the country; FGH also provides noncannabis medical products to 28 additional countries. In the first…

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WednesdayOct 19, 2022 12:47 pm

CannabisNewsBreaks – AmeriCann (ACAN) Announces Record Revenue, Strong Top-Line Growth

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today provided financial and operational updates for its Massachusetts cannabis cultivation, product manufacturing and distribution campus. According to the update, the company achieved a significant increase in year-over-year revenue, increasing over 44% for the year ending September 2022 relative to the year ended Sept. 30, 2021, an increase of over $900,000. The company attributed the increase in financial performance to greater revenue received from products produced and manufactured at building 1, AmeriCann’s initial building at its Massachusetts Cannabis Center development in Freetown, Massachusetts. “We’re pleased…

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WednesdayOct 19, 2022 12:41 pm

CannabisNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) CEFs Hold Potential to Transform the Way Food is Grown, Distributed

Advanced Container Technologies (OTC: ACTX) has announced that GrowPods – the company’s unique Controlled Environment Farms (“CEFs”), have the potential to transform the agriculture industry. Among the many benefits CEFs provide are year-round growing cycles, which are not dependent on weather, climate or quality of land, and can provide reliable and consistent crop production. “Controlled Environment Farming isn’t perfect, but it has the potential to transform the agriculture sector and improve the way food is grown and distributed in America,” said Doug Heldoorn, CEO of ACTX. “From improving the quality of our food, to reducing our dependence on corporate owned…

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ThursdayOct 13, 2022 1:38 pm

CannabisNewsBreaks – SHF Holdings Inc. (NASDAQ: SHFS) Continues Trading on the Nasdaq After Successful Business Combination

SHF Holdings (NASDAQ: SHFS), formerly known as Northern Lights Acquisition Corp. ("NLIT"), a special purpose acquisition company, recently completed its acquisition of SHF LLC, d/b/a Safe Harbor Financial, a leader in offering compliance services to financial institutions that serve the regulated cannabis industry. With the transaction now complete, the company has changed its name to “SHF Holdings Inc.,” with its Class A Common Stock and warrants continuing to trade on the Nasdaq Capital Market. “With its established leadership position in cannabis-related compliance services and continued growth in its financial institution clients, this is an exciting time for Safe Harbor to…

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MondayOct 10, 2022 12:07 pm

CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) Offers Year-Round Farming Option, Higher-Nutrient Crops

Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of self-contained, automated, indoor “micro-farms” called GrowPods, provides a new income opportunity for farmers. The company’s GrowPods, or unique controlled environment farms, offer the ideal environment for farmers to grow crops all year long; as an added advantage, the crops are high nutrient, clean and sustainable. According to the announcement, recent reports have highlighted the challenges that farmers face, including increasing debt, extreme weather conditions, consolidation, degrading and eroding soils, and increased pesticide and chemical use that impact the nutrient value of harvests. One study noted that farmers are among the…

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ThursdaySep 29, 2022 10:28 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Enters Strategic Partnership with Rob Van Dam, Continues to Capitalize on Cannabis 3.0

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company and cannabis distributor, today announced its entry into an exclusive licensing agreement with WWE Hall of Fame wrestler and cannabis pioneer Rob Van Dam to bring his branded cannabis products to the California retail marketplace. “Our industry has matured over the past several years, and that maturation has fundamentally focused success in the retail marketplace around effective product branding. There is a lot of competition for product shelf space in retail stores. Retailers look to the brands that are likely to generate the most sales, and the well-known cannabis brands are…

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