CannabisNewsBreaks

MondayJul 19, 2021 10:24 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Statement on Senators Proposed Act to Legalize Cannabis

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, has noted its position on the potential enactment of the Cannabis Administration and Opportunity Act. Senators Chuck Schumer (D-NY), Ron Wyden (D-OR) and Cory Booker (D-NJ) released a discussion draft of the act on July 14, 2021. As presented, the act would remove cannabis from the federal list of controlled substances, making cannabis use legal at the federal level. According to the company’s announcement, the act also enables states to implement their own adult-use recreational cannabis laws. Almost 20 states have already done that, including California, where Grapefruit is…

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FridayJul 16, 2021 12:28 pm

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Further Diversifies, Executes Growth Strategy Through MassCannabis

Hero Technologies (OTC: HENC) recently moved to capitalize on the potential of the Massachusetts market by forming a subsidiary, MassCannabis, to seek property or land acquisition opportunities in the state and potentially initiate dispensary projects. “Last year, the nonmedical cannabis market in Massachusetts hit a significant milestone: $1 billion in sales since the state voted to legalize the substance — this even though the state was one of only a handful that closed cannabis shops for a period of time because of COVID-19,” reads a recent article. According to Hero Technologies CEO Gina Serkasevich, “In forming our new MassCannabis subsidiary,…

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FridayJul 16, 2021 12:02 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Brings Powerful Capabilities to Modern Clinical Trials

RYAH Group (CSE: RYAH), a health care analytics and technology company, has created IoT dose-measuring devices backed by powerful data analytics. These provide next-generation capabilities that allow for more control of variables within a clinical setting, which is especially significant in modern cannabis clinical trials. While historical emphasis has largely been centered on potential harmful effects, today’s research teams are exploring the use of cannabis to address a wide range of chronic conditions, while it holds significant potential for pain relief. The future of cannabis study with the addition of dose-measuring devises looks promising, and RYAH is front-and-center on the…

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FridayJul 16, 2021 11:36 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Featured in ‘New to the Street’ Segment, Releases HyFrontier Technologies Shareholder Letter

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, will be featured in this week’s FMW Media “New to the Street” Newsmax TV programming. The July 18, 2021, episode of the nationally syndicated, one-hour show will include an interview with GTVH CEO Steffan Dalsgaard; the show will begin at 10 a.m. ET. During the show, Delsgaard will discuss the company’s business model and operational fundamentals. He will also talk about GTVH’s successful divisions in health-care products and services as well as nutritional and homeopathic products, California wines, agricultural technologies and entertainment.…

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FridayJul 16, 2021 10:24 am

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Releases Statement Regarding Passing of Oregon Cannabis Omnibus Bill

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, announced that it “celebrates” the Oregon Senate’s passing of the SB408 Cannabis Omnibus Bill. According to the company, the bill represents a major step toward modernizing Oregon’s cannabis regulations to create a better business environment for the industry and further aligns Oregon’s cannabis regulations with the reality of today’s industry. Oregon Gov. Kate Brown signed the bill into law on June 29, 2021. Chalice Brands noted that it is also a supporter of the Cannabis Administration and Opportunity Act discussion draft…

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TuesdayJul 13, 2021 1:18 pm

CannabisNewsBreaks – XPhyto Therapeutics Corp.’s (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Covid-ID Lab Filling Existing Market Gap

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, recently announced that its distribution, storage and logistics partner, Max Pharma GmbH, began selling and delivering its 25-minute COVID-19 RT-PCR test system (“Covid-ID Lab”) in Germany on May 25. The company is likely to benefit from the country’s regulatory requirements and the government’s initiative that qualifies every resident to at least one free COVID-19 test per week. “Covid-ID Lab combines the accuracy of a PCR test, the gold standard for diagnosis, with the speed of an antigen test, thereby filling the existing market gap between centralized, automated PCR…

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TuesdayJul 13, 2021 12:57 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Methodically Positioning as Premier Brand

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been steadily building a formidable asset base, including constructing a new production facility, forging a key joint venture, as well as penning an agreement to acquire prime agricultural land as it emerges as a premium provider of cannabis and hemp products with its genetics-focused approach. “Pac Roots isn’t looking to get into a pricing war with low-quality suppliers but is methodically positioning itself as a premier brand since it went public last year,” reads a recent article. “The company has partnered with Phenome One, one of the largest live genetic libraries…

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TuesdayJul 13, 2021 11:05 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands Considerable IP Portfolio with Patent Protection in Japan

Lexaria Bioscience Corp. (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced an additional expansion of its intellectual property (“IP”) portfolio with its first-ever patent granted in Japan. According to the update, “Stable ready-to-drink beverage compositions comprising lipophilic active agents” is the title of the patent that adds to the company's considerable portfolio. “With our 20th patent granted worldwide, Lexaria continues to demonstrate the versatility of our DehydraTECH(TM) drug delivery platform, encouraging innovation in the consumable liquid category around the world,” said Chris Bunka, CEO of Lexaria. “This new patent adds to our existing suite of granted…

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MondayJul 12, 2021 10:02 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Plans to Release Financial Reports

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, will be releasing two financial reports by the end of the month. The company announced plans to report its numbers for FY 2020, the fiscal year ended Dec. 31, 2020, after market close on July 22, 2021; the company will also release its third-quarter financial report for the period ended March 31, 2021, after market close on July 26, 2021. In addition, the company announced plans for a management conference call, scheduled for July 27, 2021, at 4:30 p.m. ET. More details…

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FridayJul 09, 2021 4:05 pm

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Featured in Stockhouse Media Podcast

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, was featured in an exclusive Q&A video podcast produced by Stockhouse Media. Chalice Brands CEO and President Jeff Yapp and Executive Chairman John Varghese join Stockhouse Media’s Dave Jackson in an engaging discussion to bring the podcast’s audience up-to-date on this intriguing brand and exciting investment opportunity. The Q&A covered various topics, including the team’s experience in the cannabis space, new company developments, Chalice Brands’ innovative brands and products, strong growth potential and disciplined approach to…

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