Breaks Categories: Stock Spotlights

TuesdayDec 14, 2021 1:36 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Continues Building ‘Full Farm-to-Sale Vertical Model’

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, recently announced the grand opening of its first Los Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary. A recent article quotes NUGS CEO Simon Yu on the move, who stated, “We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision. It’s exciting to watch the pieces come together, and we look forward to supplying and growing the MDRN Tree brand and continuing to develop a model that will give our cultivation business wider distribution at potentially higher margins. Each…

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MondayDec 13, 2021 1:18 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Looking to Further Increase Share in Global Cannabis, Wellness Markets

Flora Growth Corp. (NASDAQ: FLGC), a company guided by the mission to build a connected, design-led collective of plant-based wellness and lifestyle brands that provide customers with a one-of-a-kind experience, recently announced it had closed the acquisition of Vessel Brand Inc., an industry leader in cannabis consumer technology. “This marks the addition of an exceptional brand builder with a proven track record of not only launching successful cannabis-related brands but also capturing market share in the rapidly-expanding United States cannabis landscape,” reads a recent article. “When making the announcement, Luis Merchan, the president and CEO of Flora Growth, noted, ‘With…

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MondayDec 13, 2021 1:03 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Unearthing Breakthrough Discoveries That Will Reshape Understanding of Plant-Based Medicines

RYAH Group (CSE: RYAH) is a leading data technology company in plant-based medicine committed to providing valuable insight and transforming patient care through big data and artificial intelligence. According to a recent article, which contains excerpts from a RYAH blog post, “The company is working to unearth breakthrough discoveries that will reshape the understanding of plant-based medicines.” In the blog post, for instance, RYAH provided an overview of the United Kingdom’s legal cannabis market, observing that “market analysts continue to place high hopes on the potential of the U.K. market. Yet, in its current form, there remains significant room for…

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ThursdayDec 09, 2021 2:31 pm

CannabisNewsBreaks – InMed Pharmaceuticals Inc.’s (NASDAQ: INM) Study Marks First Phase 2 Trial to Evaluate Cannabinol as Therapeutic Option for Disease Treatment

InMed Pharmaceuticals (NASDAQ: INM) recently released its Q1 2022 financial results along with a business update showing positive momentum across all of its programs. Following the acquisition of BayMedica Inc. in October that created an industry leader in the manufacture and commercialization of rare cannabinoids, management expects to introduce multiple new, rare cannabinoids in the near future, focusing on high demand, attractive margin products. In late September, InMed commenced the 755-201-EB study, its phase 2 clinical trial of INM-755 (cannabinol) cream for the treatment of a group of rare skin disorders scientifically known as Epidermolysis Bullosa (“EB”). A recent article…

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TuesdayDec 07, 2021 2:54 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Focusing on Continued Growth of Top-Line Revenue, Bottom-Line Results

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has officially entered the second phase of a three-phase development strategy that captures its expansion plan in Florida after installing, commissioning and loading five of 30 planned modular grow pods, which are already growing plants. RWB, through its subsidiary Red White & Bloom Florida LLC (“RWBFL”), is fast-tracking the remaining 25 pods. Collectively, the 30 pods will provide about 19,000 square feet of operating space with an expected yield of 10,000 pounds of high-quality flower annually. RWB anticipates this annual yield will generate $30 million in additional revenue. RWBFL also successfully…

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MondayDec 06, 2021 1:33 pm

CannabisNewsBreaks – Why Marijuana Company of America Inc. (MCOA) Is ‘One to Watch’

Marijuana Company of America (OTC: MCOA), which operates and invests in the cannabis sector directly, continues to grow its business. MCOA focuses on remaining fiscally conscious while further establishing itself in the legalized THC, hemp and CBD industries by offering unique exposure to the global cannabidiol sector. “The company intends to continue to leverage its premium brand hemp-based products with investments in and collaboration with existing and new strategic partners,” reads a recent article. “MCOA strives to develop a comprehensive selection of synergistic companies that provides consistent value to its shareholders. Furthermore, its vertically integrated business model provides companies and…

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MondayDec 06, 2021 1:06 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Aligning Long-Term Strategy to Position in Vertically Integrated Marketplace

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is taking strategic steps to ensure its position in the growing cannabis market in California. Within the sector, sales of legal adult-use cannabis are expected to reach roughly $7.2 billion by 2024, up from 2.5 billion in 2018, according to Statista (https://cnw.fm/J2aOe). “Cannabis Strategic Ventures is aligning its long-term strategy with that growth in mind, as the company remains focused on shaping the future of the cannabis industry by striving for constant evolution in products, places and people,” reads a recent article. NUGS recently signed a memorandum of…

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FridayDec 03, 2021 12:24 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Expanding End-Market Access in Growing California Cannabis Delivery Sector

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is focused on expanding its end-market access as a central player in the growing space. This comes as more consumers around the world become aware of the potential benefits of cannabis. As a result, the market is projected to see significant growth, with a new Quince Market Insights report estimating that the global cannabis market will grow at a CAGR of 27.0% from 2021 to 2030 (https://cnw.fm/pZlDm). “The growth factors identified in the market are the proven medicinal effects and legalization of cannabis, developments in intellectual property rights of…

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ThursdayDec 02, 2021 12:44 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Embarking on Potentially Pivotal Study to Evaluate DehydraTECH-CBD

Lexaria Bioscience Corp. (NASDAQ: LEXX) has embarked on its most ambitious study yet, the HYPER-H21-4. The study is among several geared towards evaluating DehydraTECH(TM)-processed CBD for the potential treatment of hypertension and heart disease. The learnings from two studies, HYPER-H21-1 and HYPER-H21-2, whose results are already out, have led to the HYPER-H21-4 clinical study. Further, blood pressure findings from HYPER-H21-3 will be reportable by the end of January 2022 and will contribute to the HYPER-H21-4. The study protocols for HYPER-H21-4 are being readied for submission to the Independent Review Board (“IRB”), and approval is expected by January 2022. HYPER-H21-4, which…

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ThursdayDec 02, 2021 11:45 am

CannabisNewsBreaks – Simply Sonoma Enters Growing CBD-Infused Beverages Space

Simply Sonoma, a company committed to offering CBD products for the environmentally conscious consumer, is branching out into the beverage space with an alcohol-free, CBD wine product as well as a Pinot Noir/CBD sparkling product. A Facts and Factors report expects that the global CBD-infused beverages market will grow at a CAGR of approximately 27.5% between 2021 and 2026, driven by the rising authorization and certification for recreational cannabis in countries such as the United States and Canada (https://cnw.fm/r7NM8). Furthermore, there is a growing movement away from smoking cannabis and adopting healthier edible options because of the increasing incidence of numerous…

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