Uncategorized Archives - Page 45 of 249

MondayApr 11, 2022 4:25 am

420 with CNW — Colorado Announces Another Round of Cannabis-Themed Auto Registration Plates

In the two decades since California first legalized recreational cannabis, the controversial plant has generated billions of dollars in taxes for states. Recognizing the impact the war on drugs had on Black and Brown communities, several states dedicated a chunk of these funds toward reinvesting in these communities. Additionally, cannabis taxes have also been used to fund programs that offer various kinds of aid. Despite the controversy that surrounds cannabis, funds raised from marijuana sales have consistently been used to do good. In that vein, officials from Colorado recently announced that there would be a second round of auctions to…

WednesdayApr 06, 2022 9:00 am

InMed Pharmaceuticals Inc. (NASDAQ: INM) Increasing Rare Cannabidiol Product Portfolio, Revenues

InMed Pharmaceuticals is a Canadian clinical-stage drug development company focused on the development of rare cannabinoids and their synthetic counterpoints for B2B sales and pharmaceutical potential InMed expects to have rare cannabinoids CBDV and THCV available for B2B sale to the health and wellness market in the coming months, following on the heels of its CBC and CBT products The company recently reported its first revenues from CBC sales in the wake of its acquisition of rare cannabinoids manufacturer BayMedica late last year The company is also working to develop synthetic CBN cannabinoids as potential medical treatments for select conditions,…

WednesdayApr 06, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Exploring Multiple Strong Market Paths

Lexaria is a global innovator that has developed the patented DehydraTECH(TM) technology that improves bioavailability, speed of onset, and brain absorption of active pharmaceutical ingredients (“APIs”) The company strategically partners with third-party organizations seeking to explore formulation opportunities with their specific APIs Lexaria is evaluating the effectiveness of various DehydraTECH-processed APIs, including CBD, nicotine, sildenafil, and more According to company CEO Chris Bunka, the management team is positioning the company to ensure that it has multiple paths to success In pursuit of multiple paths to success, Lexaria Bioscience (NASDAQ: LEXX), developer of the patented DehydraTECH(TM) drug delivery platform, strategically partners…

MondayApr 04, 2022 9:30 am

American Cannabis Partners Helps Michigan Achieve Record Cannabis Sales

Michigan continues to break sales records in the cannabis sector ACP currently operates in Michigan and California and is exploring strategies for expanding operations to two more states The company is focused on three business segments: real estate, acquisition and development of proprietary assets, and ongoing cultivation operations Cannabis sales numbers for December 2021 are in, and Michigan has broken another record (https://cnw.fm/rKoPX). This is the kind of news that cannabis operators in the state, including American Cannabis Partners (“ACP”), love to hear. “Michigan closed out 2021 with another record-breaking month of adult-use marijuana sales in December, state officials say,”…

MondayApr 04, 2022 9:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), Building a House of Brands, Is Creating World-Class Standards for Environmental Impact, Social Justice, and Corporate Governance, to Navigate Increasing Commoditization in its Market Segment

Red White & Bloom, a multi-state operator in cannabis and hemp-derived product lines, has built a platform to strengthen its brands, enabling it to wade through the difficulties of increasing product commoditization The company expects to showcase the results of the buildout process in the coming months RWB is also committed to fostering public and local input, equitable leadership opportunities, and removing systemic structures that marginalize segments of society A Boston Consulting Group (“BCG”) article entitled “Escaping the Doghouse: Winning in Commoditized Markets” notes that a company needs a clear roadmap that shows how it can reorganize itself for the…

FridayApr 01, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Technology Continues to Showcase Ability to Improve Effectiveness of Existing Drug Brands

Health and wellness drug product innovator Lexaria Bioscience has developed a patented technology — DehydraTECH (TM) — which enhances the bioavailability of fat-soluble drugs and molecules Lexaria continues to research DehydraTECH’s ability to improve the speed and bioavailability of cannabidiol (“CBD”) in treating high blood pressure and epileptic conditions The company continues its research demonstrating the ability of its technology -to enhance the performance of antiviral drugs and other active pharmaceutical ingredients Sublicensing DehydraTECH continues to create revenues for the company Lexaria has additionally pursued the use of its drug-enhancing technology, in partnership with sublicensees, for making adult-use recreational cannabis…

ThursdayMar 31, 2022 9:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Continues to Focus on the Continued Growth of its Top-Line Revenue and Bottom-Line Results in a Move to achieve its 3-Year Success Plan

RWB’s mission has always been to become the superior and most recognizable cannabis company in the United States It seeks to achieve this by focusing on the continued growth of top-line revenue and bottom-line results through brand expansion, mergers, and acquisitions So far, in 2022, the company has announced the acquisition of PharmaCo, which sees the transfer of 21 medical and adult-use cannabis licenses RWB has also closed a lease assignment on a critical manufacturing/processing and distribution facility in Michigan Its management is confident that the foundations laid down so far will aid in the company’s growth going forward In…

ThursdayMar 31, 2022 9:00 am

Hero Technologies Inc. (HENC) Subsidiary Establishes Presence in Booming Colorado Cannabis Market

Cannabis sales in Colorado broke another record last year, topping $2.22 billion in products sold Cannabis is “massive” driver of tax revenue for Colorado, raking in over $423 million last year alone HENC continues to pursue diversification and integration strategy through subsidiary Another record-breaking year for Colorado’s cannabis industry bodes well for Hero Technologies (OTC: HENC). The company anticipates expanding into the booming market via cultivation and dispensary operations through its wholly owned subsidiary, Mile High Green LLC. Cannabis sales in the state broke another record last year, topping $2.22 billion in products sold, according to the Colorado Department of Revenue (https://cnw.fm/7lUaU). This…

WednesdayMar 30, 2022 9:15 am

American Cannabis Partners Watching Progress of Cannabis SRA Bill in Congress

Easing federal regulations on cannabis will benefit cannabis companies Republican congresswoman says she has received assurances that her proposed cannabis bill will receive a hearing ACP operates in two states where cannabis is legal and is exploring expansion opportunities in additional states Despite the House and Senate being controlled by the Democrats, Nancy Mace, a Republican representative from South Carolina, has said her proposed cannabis bill will get a hearing (https://cnw.fm/sxzud). Easing federal regulations on the substance, which Mace’s bill is designed to do, will benefit cannabis companies, including American Cannabis Partners (“ACP”), that are currently operating in states with…

TuesdayMar 29, 2022 9:15 am

American Cannabis Partners Strong Contender as Opportunities to Market Products Increase

“Between government regulations and rigid policies from Big Tech, marketing cannabis will keep you on your toes,” HID article observes Article forecasts more brands will move to platforms that have cannabis-friendly community guidelines ACP positioning itself in four sectors of cannabis space: real estate, cultivation, medical research and nonprofit groups As the cannabis landscape continues to shift, with growing numbers of states allowing some form of the substance and federal legislation examining changes in legal status, cannabis companies such as American Cannabis Partners (“ACP”) will see increasing opportunities to market their products. “Between government regulations and rigid policies from Big…