CannabisNewsBreaks

FridayMar 10, 2023 1:21 pm

CannabisNewsBreaks – India Globalization Capital Inc. (NYSE American: IGC) Bringing Hope for Alzheimer’s Treatment

India Globalization Capital (NYSE American: IGC) is developing a cannabis-based investigational drug that is being tested for the first time ever on humans in an FDA-approved study. This is groundbreaking work that established its commitment as a pioneer in the treatment of Alzheimer’s disease, given there are no currently FDA-approved drugs to treat Alzheimer’s patients. “The company is developing its proprietary treatment, IGC-AD1, hoping to provide relief to the 55 million people worldwide struggling with agitation in dementia that results from Alzheimer’s. IGC is focused on revolutionizing the treatment of Alzheimer’s with its game-changing drug candidate. In phase 1 studies,…

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FridayMar 10, 2023 11:05 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update on DLC Acquisition, Long-Term Strategic Plans

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, today provided an update to its recent announcement regarding the proposed acquisition of Diagnostic Lab Corporation Inc. of Englewood Cliffs, New Jersey (“DLC”), a diversified food and agriculture safety company, as well as the proposed recapitalization of the company. “We are providing this update to inform our many loyal shareholders that the company is making significant progress with respect to the DLC acquisition and securing additional capital, despite the challenging current macro-economic environment and its influence on the capital markets. Grapefruit’s management, staff and outside professionals continue to work together very…

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ThursdayMar 09, 2023 11:46 am

CannabisNewsBreaks – ECGI Holdings Inc. (ECGI) Enters LOI to Acquire EC, Including 8bit BUDS Brand

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today announced its entry into a letter of intent (“LOI”) toward the acquisition of the key personnel, intellectual properties, business operations, and the future business operations of Endless Consciousness Inc. (“EC”), a California corporation involved in the legal cannabis product marketplace. With the acquisition, the company will acquire all current and future planned brands developed by EC, including recently launched 8bit BUDS. “The real gem in this deal is the experienced and accomplished EC team. This team has sales…

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WednesdayMar 08, 2023 3:18 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Improves Product Performance Across Multiple Categories

Lexaria (NASDAQ: LEXX) is a global innovator in drug delivery platforms. “The company’s patented DehydraTECH(TM) technology enhances the performance of multiple categories of fat-soluble active molecules and drugs available in various formats, including oral ingestible, oral buccal/sublingual and topical products. According to Lexaria, its technology ‘is best thought of as an additional layer that improves the effectiveness of existing or planned new products for companies that offer consumer supplements, prescription and non-prescription-based drugs and nicotine products,’” a recent article reads. “When analyzed in terms of numbers, the improvements are impressive. Having conducted both in vitro and in vivo studies, Lexaria…

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TuesdayMar 07, 2023 1:03 pm

CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) to Showcase the Future of Farming at New Oklahoma-Based Facility

Advanced Container Technologies (OTC: ACTX) today announced its relocation to a new 4.5-acre campus in Skiatook, Oklahoma. The new site features a large indoor farming facility, dedicated manufacturing and distribution operations, and classrooms for teaching businesses and individuals how to maximize profits using controlled environment farming. “We are thrilled to be operating in this fabulous new facility,” said Doug Heldoorn, CEO of ACTX. “With this strategic move, we are well positioned to serve the entire Midwest, and can offer businesses, growers and individuals the means and the knowledge on how to grow pristine crops, year round, in a plug-and-play type…

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ThursdayMar 02, 2023 2:24 pm

CannabisNewsBreaks – REZYFi Inc. Using Diversified Approach to Capitalize on Growth in Multiple Verticals

REZYFi, which is positioned as one of the first cannabis mortgage bankers in the United States, is servicing the needs of both traditional and non-traditional consumers and businesses. “The company targets markets that include licensed and permitted cannabis companies, owners of real estate who lease to cannabis companies, and companies and individuals seeking a variety of real estate-related first and additional mortgage-based financing and project-specific financings. Headquartered in Miami, Florida, REZYFi operates through two wholly owned subsidiaries – REZYFi Lending and ResMac Inc.,” a recent article reads. “Through REZYFi Lending, the company leverages a wide network to offer options such…

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ThursdayMar 02, 2023 2:04 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Encouraging Results from DehydraTECH-CBD Diabetes Study

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that its diabetes animal model study DIAB-A22-1 has completed and produced at least three positive outcomes including weight loss in obese diabetic-conditioned animals, together with improved triglyceride and cholesterol levels. According to the update, the study evidenced, at times, dramatic changes in body weight, general activity and triglyceride and cholesterol levels associated with administration of DehydraTECH-CBD. The findings align well with other study work in animals that points to the known anti-inflammatory and antioxidant properties of CBD functioning to lessen some of the essential pathophysiological factors…

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ThursdayMar 02, 2023 12:35 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Names New Board, Audit Committee Member

Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has appointed Darren Kenney as a new independent director and audit committee member. In the announcement, Sugarmade noted that it is focusing on an aggressive growth strategy and is looking to Kenney and his expertise to ensure the accuracy and integrity of company financial affair. An experienced CPA and licensed real estate broker in California, Kenney has built and sold three accounting practices over the past three decade; he has also served as a consultant with GTE (now Verizon), Saks Fifth Avenue and CalTrans. “This…

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TuesdayFeb 28, 2023 1:42 pm

CannabisNewsBreaks – Marigold Marketing & PR Partners with IBN for Upcoming Events

Marigold Marketing & PR, an award-winning Canadian cannabis marketing and public relations company for licensed producers and national brands, has selected IBN (InvestorBrandNetwork), a multifaceted communications organization, as its official media partner for three events. Those events include CannExpo, Canada’s largest cannabis consumer show; MarigoldLIVE: International Women's Day Networking Event, a conference dedicated to promoting and engaging with women in the emerging psychedelic and cannabis industries; and B-Week, a collection of events dedicated to budtenders working products in the hands of customers. CannabisNewsWire (“CNW”), one of IBN’s 50-plus brands, is a specialized communications platform for the cannabis sector and will serve as the official…

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MondayFeb 27, 2023 1:16 pm

CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) Unveils New Smaller GrowPod Controlled Environment Systems

Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of self-contained, automated, indoor “micro-farms” called GrowPods, has announced a new line of automated modular GrowPod systems designed to be a transportable controlled environment farm. According to the announcement, the new smaller system is perfect for resorts, restaurants, grocer and individuals wishing to grow ultraclean, chemical-free produce, fruits and vegetables. The new systems are designed in response to a growing number of five-star resorts and leading hotels that are using similar systems to provide guests with gourmet cuisine experiences; the food produced in these systems are free from chemicals, herbicides and…

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