Uncategorized Archives - Page 36 of 252

WednesdaySep 28, 2022 9:45 am

Rising Mortgage Lender REZYFi, Inc. Weathering Difficult Economy with Plans for Nationwide Expansion, Cannabis Industry Lending in Coming Months

REZYFi, a Miami-based mortgage lender, servicing traditional and non-traditional loans, is expanding its operations as part of a strategy to weather recent interest rate-affected market challenges REZYFI’s two wholly owned subsidiaries, REZYFi Lending and ResMac Inc., work through a network of independent brokers and proprietary technology to service home owners as well as corporate clients REZYFi expects to grow from more than 30 states where it is licensed to holding a licensing in every state The company is also preparing to launch a high-margin cannabis commercial real estate lending division later this year Emerging mortgage lender company REZYFi (stylized as…

TuesdaySep 27, 2022 4:20 am

420 with CNW — California Governor Enacts 10 Cannabis Bills as Legislative Session Ends

As the current legislative session drew to an end, it seemed unlikely that lawmakers would be able to pass some kind of cannabis legislation before time ran out. But legislators in California persevered and managed to deliver a slew of cannabis bills to Governor Gavin Newsom just in time. The basket of 10 bills will provide employment protections for cannabis users, facilitate interstate cannabis trade and require the sealing of prior cannabis-related convictions, among others. Californian lawmakers advanced the bills to the governor’s desk in mid-August after both Assembly Appropriations Committee and Senate Appropriations Committee met to discuss the fate…

MondaySep 26, 2022 4:20 pm

420 with CNW — Supply Chain Problems, Labor Issues Could Be Resolved by Ending Cannabis Testing

The railroad segment has experienced major upheaval in recent years as job cuts, low pay, and changes to terms and conditions led to disputes with railway worker unions and threats of a strike by railroad workers. This strike would have a significant impact on the country, affecting commuters, refineries, food producers and other industries that rely on the nationwide railroad network. Last week, news of a tentative agreement between railways and unions indicated that the nationwide railroad strike may have been averted. However, according to a congressman known for his support of cannabis reform, the strike points to deeper labor…

MondaySep 26, 2022 12:00 pm

The 420 Expo, NJ’s First BYOC Public Event, Sparks High Attendance, Open Conversations & Awesome Vibe

Approximately 17,000 People Came Through the Doors of the Inaugural Event in Edison, NJ The 420 Expo, New Jersey’s first-ever BYOC Consumer Cannabis Convention, was an unmitigated success for the cannabis community, exceeding all expectations. Approximately 17,000 people aged 21+ attended the historic three-day event, from September 16-18, 2022, at the NJ Convention & Expo Center in Edison, NJ. Hosted by the legendary Tommy Chong and presented by Wakit Grinders, the 420 Expo brought together experienced cannabis users, the “canna curious,” and businesses from the cannabis world and beyond in what amounted to one giant celebration. The event also featured…

FridaySep 23, 2022 4:20 pm

420 with CNW — Heat Wave Compounds Challenges Marijuana Firms Face in California

Over the past couple of years, extreme weather events have rocked several parts of the world, resulting in flash floods, extreme heat, cold and more. Last year, power grids in Texas were shut down by extremely cold weather, forcing people to live without power in blistering cold weather for days. Such extreme weather events have continued to occur across the world, with California recently experiencing a heat wave that has caused power outages and disruptions. California also happens to have one of the largest cannabis industries in the country, and the recent heat wave is presenting significant challenges to cannabis…

WednesdaySep 21, 2022 12:45 pm

Flora Growth Corp. (NASDAQ: FLGC) 7x YOY Revenue Growth for H1 2022 Affirms Hyper Growth

H1 2022 revenue increased to ~$15.0 million, up 604% from H1 2021 and 117% from H2 2021, driven by House of Brands Gross Profit increased to ~$7.0 million, up 547% compared to H1 2021 and 363% compared to H2 2021 Company reaffirms its 2022 revenue guidance to range between $35.0 million - $45.0 million, indicating approximately 300% - 400% projected revenue growth from 2021 In August, Flora (NASDAQ: FLGC) released its financial and operating results for the six months that ended June 30, 2022 (https://cnw.fm/4Oeqb). As an internationally focused cannabis company, the organization’s management acknowledged how challenging the current global…

WednesdaySep 21, 2022 12:00 pm

REZYFi Inc. Addresses Loan Needs of Growing Cannabis Industry Through Subsidiary Companies: REZYFi Lending and ResMac Inc.

The global cannabis market is expected to reach $33 billion by 2025, driven by legality and regulation within the market REZYFi is servicing the needs of both traditional and non-traditional consumers and businesses Company targets 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 financing REZYFi’s management team is leveraging its extensive industry experiences in real estate, finance and cannabis to pursue company objectives The cannabis industry has experienced significant growth in recent years due to the expanding legalization and…

WednesdaySep 21, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Looking to Provide Bioavailable Oral Treatment for Hypertension, Mitigate Effects of High Blood Pressure

Lexaria is a biotechnology company pursuing the enhancement of the bioavailability of a diverse and broad range of active pharmaceutical ingredients (“APIs”) The company has developed the patented DehydraTECH(TM) drug delivery technology, which has been shown to deliver more API at a faster rate than controls Lexaria’s DehydraTECH pipeline includes DehydraTECH-CBD for the treatment of hypertension Through pre-clinical studies, DehydraTECH-CBD has been shown to decrease systolic blood pressure among hypertensive volunteers The company intends to file an Investigational New Drug (“IND”) application and has already received confirmation that the FDA agrees with its proposed abbreviated pathway under section 501(b)(2) Oral…

TuesdaySep 20, 2022 12:45 pm

Flora Growth Corp. (NASDAQ: FLGC) Agreement with Colombian Tribe Strengthens Cannabis Production Supply Chain

Flora Growth is a global cannabis brand-builder focused on the cultivation of product at a central Colombian facility and marketing through a design-led international supply chain Flora recently announced an agreement with Colombia’s Misak tribe for cooperative processing and distribution of cannabis, drawing on the tribe’s licensing advantage to accelerate the pair’s marketing capacity Flora is headquartered in Canada, but its strength lies in its Colombian-based cultivation operations centered in Colombia, one of the largest licensed outdoor operations in the world In recent years, Colombia’s government has been working to create a legalization framework for cannabis cultivation, processing and exportation…

FridaySep 16, 2022 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX), Growing its Market Share, One Patent at a Time

Lexaria’s development of its patented DehydraTECH(TM) technology since 2014 has yielded 27 patents in Australia, the United States, the European Union, Japan, India and Mexico with approximately 50 additional patents pending around the world Its latest patent, granted in Mexico, applies a range of active ingredients, including but not limited to non-psychoactive cannabinoids and NSAIDs in a variety of ready-to-drink consumer retail beverage products Lexaria remains committed to advancing its research and expanding the indications and efficacy of its DehydraTECH technology, as it looks to benefit from the CBD industry, projected to be valued at $111.8 billion by 2030, and…

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