CannabisNewsBreaks

WednesdayOct 12, 2022 3:01 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Partnering to Expedite Exports, Increase Global Market Penetration of Colombian Cannabis Goods

Flora Growth Corp. (NASDAQ: FLGC), a global cannabis brand builder, is increasing the strengths of its supply chain, centered in its 100-hectare (about 247-acre) cultivation facility located in the heart of Colombia’s green climate, by finalizing a three-year distribution agreement with the Misak indigenous tribe’s pharmaceutical arm. “Pharma Indigena Misak Manasr Sas, referred to simply as Manasr, is the tribe’s pharmaceutical enterprise, which in 2020 became the first native community business to receive a license from the national Ministry of Justice for producing legal cannabis for medicinal and scientific use... Flora Growth will assist the tribe with regulatory advice, as…

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WednesdayOct 12, 2022 2:48 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Portfolio Data to Improve Efficiency, Profit Margins, Top-Line Sales

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, is well poised as the California government shows support for the cannabis industry. “As the California legislature ended its session last month, more than a dozen cannabis reform bills were approved and sent to Governor Gavin Newsom for his consideration; ultimately, the governor signed 10 of them… According to the governor’s office, these bills ‘build on the administration’s efforts to strengthen California’s cannabis legalization framework. As part of this year’s state budget, the governor signed legislation to provide tax relief to consumers and the cannabis industry; support equity businesses;…

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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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FridayOct 07, 2022 12:32 pm

CannabisNewsBreaks – REZYFi Inc. Eyes Launch of New Division, Strategic Growth

REZYFi, an emerging mortgage lender company, is building toward a planned launch for its product, which targets hard-to-finance lending markets in addition to traditional real estate consumers. With economic pressures forcing a number of mortgage lenders into bankruptcy, “REZYFi’s 100%-owned subsidiaries – REZYFi Lending and ResMac Inc. – have felt the pressure as well but are emerging as models of how companies can survive and emerge stronger... ResMac’s Chief People Officer Evan Tullos noted the company’s efforts to manage efficient staffing levels and expand its products and services into more commercial markets as part of its growth strategy. A significant…

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ThursdayOct 06, 2022 2:35 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Elevating Performance with Expanded Team

Flora Growth Corp. (NASDAQ: FLGC), throughout 2022, has been implementing its hiring strategy that has seen the appointment of several key individuals whose proven talents and productivity are critical to the company’s goal of delivering the most compelling customer experiences. “Flora Growth ushered in the new year with the appointment of Tim Leslie as chairman of its newly formed advisory board. It would later bring Derek Pedro, an industry-leading cannabis genetics and cultivation expert, on board as an advisor and named Vessel founder James Choe as chief strategy officer. In February 2022, Flora Growth announced the appointment of Jessie Casner…

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ThursdayOct 06, 2022 2:20 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Redefining Drug Delivery Platforms

Lexaria Bioscience Corp. (NASDAQ: LEXX) has remained committed to improving the way active pharmaceutical ingredients (“APIs”) enter the bloodstream. “Moreover, as a global innovator in drug delivery platforms, the company has not shied away from advancing its research to cut across various health conditions, including but not limited to hypertension, epilepsy, diabetes, and dementia, among others. These efforts have yielded 27 granted patents around the world since 2014, with approximately 50 additional patents pending. It also has national filings in over 40 jurisdictions with the highest commercial potential, reflecting the company’s commitment to creating shareholder value and pushing its technology…

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ThursdayOct 06, 2022 2:01 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Lays Foundation for Significantly Expanded Manufacturing, Distribution Infrastructure

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, recently signed a management services agreement (“MSA”), marking a key milestone as the company actively strengthens its position in the California cannabis space. “SGMD signed the MSA through its subsidiary, SugarRush, which entered into the agreement with Canndis Inc., a California cannabis micro license holder. Canndis holds a license that covers delivery, manufacturing, distribution, and cultivation rights, and the agreement will enable Sugarmade to expand its manufacturing and distribution footprint,” a recent article reads. “Sugarmade is anticipating harvesting [its first crop], an accomplishment made possible through the company’s acquisition…

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FridaySep 30, 2022 1:34 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Working to Expand Indications, Efficacy of DehydraTECH(TM)

Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently received its 27th worldwide patent, granted in Mexico under registration #390001. “The patent applies to a range of active ingredients, including but not limited to non-psychoactive cannabinoids and NSAIDs in a wide variety of ready-to-drink consumer retail beverage products. The latest patent provides value to the company through its continued pursuit of gaining regulatory approval for its patented DehydraTECH(TM)-enabled cannabidiol (‘CBD’) for the treatment of hypertension in regulated pharmaceutical applications. This has produced the claims necessary for the Mexico patent to use DehydraTECH-processed non-psychoactive cannabinoids to treat…

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FridaySep 30, 2022 12:58 pm

CannabisNewsBreaks – REZYFi Inc. Positioned as One of the First Cannabis Mortgage Bankers in the US

REZYFi is a cannabis mortgage bank servicing the needs of both traditional and non-traditional consumers and businesses. The company is targeting markets that include licensed and permitted cannabis companies, owners of real estate who lease to cannabis companies, and companies and individual homeowners seeking a variety of real estate-related first and additional mortgage-based and project-specific financings – like solar installations and real estate development. “The company is positioned as one of the first cannabis mortgage bankers in the United States, an arena where most traditional lenders remain reticent to serve state-licensed cannabis companies. To overcome many of the challenges that…

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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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