CannabisNewsBreaks

ThursdayJun 02, 2022 11:40 am

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces $5M Registered Direct and Private Placement Offerings

InMed Pharmaceuticals (NASDAQ: INM) is a leader in the research, development, manufacturing and commercialization of rare cannabinoids. The company today announced its entry into securities purchase agreements with a single health care-focused institutional investor for the issuance and sale of 4,079,256 of its common shares, each at a purchase price of $0.858 (or pre-funded warrant in lieu thereof), in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, InMed has also agreed to issue and sell to the investor 1,748,250 common shares (or pre-funded warrant in lieu thereto) at the same purchase price as in…

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WednesdayJun 01, 2022 1:43 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports on 2022 Annual Meeting Voting

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has released a report on its recent 2022 Annual Meeting and the items that were voted on. The meeting was held on May 31, 2022, at 1 p.m. PT. According to the announcement, 2,927,321 shares of the company were represented in person or by proxy during the meeting; that number comprised 49.2% of Lexaria’s issued share capital as of April 4, 2022, which is the record date of the meeting. All matters voted on during the meeting were passed by a majority. Those matters included electing Chris Bunka, John Docherty,…

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TuesdayMay 31, 2022 12:44 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Launch of JustCBD Products on Amazon.co.uk

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced that its wholly-owned subsidiary JustCBD will be launching its line of Novel Foods-registered CBD products on Amazon.co.uk. Since its entry into the now £700 million CBD market in October 2021, Amazon U.K. has expanded the initial pilot-only program to include vendors who have demonstrated compliance with U.K. CBD Novel Food regulations. Producers awarded U.K. Novel Food authorization must prove the product is safe for consumption and labeled correctly. “With health and wellness playing an increasingly important role in customers’ lives, we are…

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FridayMay 27, 2022 2:57 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Leveraging DehydraTECH(TM) as It Looks to Tap into Various Markets

Lexaria Bioscience Corp. (NASDAQ: LEXX) has been pushing the boundaries of drug delivery through its patented DehydraTECH(TM) technology, which has evidenced more efficient delivery of active pharmaceutical ingredients (“APIs”) into the bloodstream while also increasing their bioavailability. “Its technology has seen application in pharmaceuticals, nutraceuticals, consumer packaged goods, and over-the-counter capsules, pills, tablets, and oral suspensions. Lexaria has explored its usage in the delivery of cannabinoids, nicotine, antivirals, PDE5 inhibitors, and more,” a recent article reads. “All of Lexaria’s efforts serve to demonstrate the superior performance of both its research program and its DehydraTECH drug delivery technology. By doing so,…

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FridayMay 27, 2022 1:10 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Differentiating Itself in Competitive Cannabis Space

Sugarmade (OTC: SGMD) has once again showed its expertise in savvy business strategy. “The cannabis space is known for its competition, but Sugarmade, an emerging leader in the sector, has distinguished itself by its smart, creative decisions,” a recent article reads. “Last month, Sugarmade entered into a definitive agreement designed to expand its cannabis delivery footprint. The agreement established SGMD’s majority ownership in a fully licensed new Hollywood cannabis delivery hub located on the world-famous Sunset Strip. Based on the agreement, the company will receive 100% of all profits from the new delivery hub until it has made back its…

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FridayMay 27, 2022 11:52 am

CannabisNewsBreaks – Lift&Co. Expo Toronto Showcased Innovations Powering Future of the Cannabis Sector

Lift&Co. Expo, Canada’s no. 1 cannabis conference and trade show, hosted its latest event on May 12-15, 2022, at the Metro Toronto Convention Centre. The Lift Cannabis Business Conference (May 12) and Lift&Co. Expo in the Centre’s North Hall (May 13-15) featured leading-edge content and exhibitors from across North America to showcase information and innovations powering the future of the cannabis industry. Event sessions included Next Gen Cannabis Innovations, New Big Product Categories and Cannabis Market Trends & Predictions. The expo also shined the spotlight on additional forward-thinking programming across both the cannabis and psychedelics sectors and covered engaging topics…

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ThursdayMay 26, 2022 12:49 pm

CannabisNewsBreaks – CannabisNewsWire to Heighten Visibility of Upcoming CWCBExpo

CannabisNewsWire (“CNW”), a specialized communications platform for the cannabis sector and one of the 50+ brands of IBN (“InvestorBrandNetwork”), today announced that it will be collaborating with the organizers of CWCBExpo (Cannabis World Congress & Business Exposition) in its capacity as the official newswire for the June event. The conference is slated to take place June 2-4, 2022, at New York City’s Javits Convention Center, Hall 3A. Having earned a reputation as a premier B2B cannabis, CBD and hemp event, the upcoming CWCBExpo will feature influential speakers, interactive “talk show” and educational sessions, innovative product displays and exclusive networking opportunities…

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WednesdayMay 25, 2022 2:23 pm

CannabisNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) GrowPods Can Provide Compelling Experience of ‘Buying Right off the Vine’

Advanced Container Technologies (OTC: ACTX) today announced that its GrowPods — innovative modular hydroponic farms — can give grocers the ability to grow and sell ultra-clean and fresh strawberries and leafy lettuce, kale and micro-greens from a self-contained unit that can be located as nearby as the store’s parking lot. The announcement includes examples of grocers “taking farm-to-table to a whole new level,” including, according to Progressive Grocer, Kroger Company (NYSE: KR) providing customers with hydroponic produce right at the point of purchase. “Our modular hydroponic farms not only produce ultra-clean, vine-ripened strawberries and leafy greens, but also provide other…

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TuesdayMay 24, 2022 3:01 pm

CannabisNewsBreaks – CWCBExpo New York’s ‘In Conversation With’ Series to Feature Tremaine Wright

Tremaine Wright will be featured in a special “In Conversation with…” presentation at CWCBExpo New York on Friday, June 3. Wright, the chairwoman of the New York State Cannabis Control Board, is responsible for regulatory and tax policies regarding medical and adult-use cannabis in New York State. In the one-on-one conversation hosted by Gia Moron, president of Women Grow and founder and CEO of GVM Communications, Wright will provide an exclusive update on all aspects of New York’s legal cannabis program. CWCBExpo New York, slated to take place June 2-4, 2022, is the longest running cannabis event at the Javits…

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MondayMay 23, 2022 12:47 pm

CannabisNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) GrowPods Suited to Build More Resilient Food Production Capabilities

Advanced Container Technologies (OTC: ACTX) is ideally situated to help meet the needs of the new U.S. Department of Agriculture’s (“USDA”) Local Food Purchase Assistance Cooperative Agreement Program (“LFPA”), which sets out to build a new and more equitable food system. The LFPA is intended to enable “state, tribal and local entities to purchase food more efficiently from local producers and invest in infrastructure that enables partner organizations to reach underserved communities more effectively,” a recent article reads. “According to Advanced Container Technologies, its GrowPods – modular hydroponic greenhouses – could become a valuable tool in this effort to build…

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