TuesdayNov 23, 2021 8:30 am

Simply Sonoma Inc. Developing High-Quality, All-Natural CBD-Infused Beverages for Entry into Growing Market

CBD-infused beverages market expected to make over $14,600 million by the end of 2026 CBD beverages are becoming more popular as cannabis-infused goods become legalized across the United States and around the world Simply Sonoma has two CBD-infused beverages on the docket: an alcohol-free, CBD wine product and a low-carb, low-sugar CBD sparkling product Cannabidiol, or CBD, is gaining the attention of enthusiastic cannabis consumers around the world. The list of products that contain CBD is growing, with one of the most popular new products being CBD-infused beverages. Simply Sonoma, a company committed to offering CBD products for the environmentally conscious…

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TuesdayNov 23, 2021 4:20 am

420 with CNW — Veterans Continue Having Trouble Accessing Medical Cannabis Despite Its Legality

Many veterans believe that plant-based medicines are a much better option for treatment in comparison with opioids, which are easily addictive. However, most are having trouble accessing medical cannabis, even in states where medical use of the herb is legal. Currently, 36 states in the country have established medical marijuana programs while 18 states have legalized the recreational use of cannabis; in addition Guam, the Northern Mariana Islands and the District of Columbia have legalized the substance. Despite the existence of these programs, physicians at VA Medical Centers aren’t allowed to prescribe this plant-based medicine. This comes at a time…

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MondayNov 22, 2021 4:20 pm

420 with CNW — Lessons California Has Learned from Prop 64

In 2016, voters in California approved Proposition 64, which allowed the sale of recreational cannabis to adults aged 21 and older and set up a framework for taxing cannabis cultivation and sales. Five years later, California is home to one of the largest cannabis markets in the country with cannabis companies selling $4.4 billion worth of marijuana in 2020. California is also one of the few states that allows both medical and recreational use, having legalized medical marijuana back in 1996. Some experts say that if the state is able to mitigate the issues facing legal cannabis, California could have…

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ThursdayNov 18, 2021 8:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces 2022 DehydraTECH(TM) R&D Programs, Including Investigations into Alzheimer’s Disease and Diabetes

Lexaria’s 2022 R&D programs are set to include research on hormone replacement, dementia, rheumatoid disease, and diabetes, among other conditions The program builds on findings from 2021 studies which supported significant advances in the oral nicotine, heart disease, and antiviral markets The 2022 program will continue to focus on the company’s patented DehydraTECH drug delivery platform Lexaria will also be conducting pharmacokinetic and efficacy modeling studies in animals to evaluate DehydraTECH’s overall efficiency In 2021, Lexaria Bioscience (NASDAQ: LEXX) raised approximately $15 million in funding. The money allowed for active work programs throughout the year while supporting significant advances in…

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ThursdayNov 18, 2021 8:00 am

Hero Technologies Inc. (HENC) Subsidiary Looks to Leverage Position in $2B Massachusetts Marijuana Market

HENC subsidiary evaluating, pursuing property acquisitions; beginning process to obtain cultivation, sales licenses Sales have doubled in the past year, according to state’s seed-to-sale tracking system HENC working with top cannabis law firm to spearhead the process With Massachusetts reporting marijuana sales reaching $2 billion since the state approved the adult-use market (https://cnw.fm/9CA5M), savvy cannabis companies operating in the state are looking to leverage opportunity for growth. Earlier this year, Hero Technologies (OTC: HENC), a cannabis company pursuing a vertically integrated model, announced a new subsidiary: MassCannabis LLC. The newly formed company is evaluating and pursuing property acquisitions and beginning the process…

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WednesdayNov 17, 2021 8:00 am

Marijuana Company of America Inc. (MCOA) Is ‘One to Watch’

The VBF acquisition is expected to be accretive to MCOA’s revenue and EBITDA forecasts for 2022 The company launched new subsidiaries in Brazil and Uruguay to distribute its hempsmart premium product line in Latin America The company recently launched a new social media marketing campaign via Instagram, Twitter, TikTok, etc. The global legal marijuana market was valued at $9.1 billion in 2020 and is forecast to grow at a CAGR of 26.7 percent from 2021 to 2028, putting the market value at roughly $30 billion by 2025 Marijuana Company of America (OTC: MCOA) operates and invests in the cannabis sector directly.…

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MondayNov 15, 2021 8:30 am

Hero Technologies Inc. (HENC) Committed to Safety as Michigan Legislators Look to Restrict Caregiver Cultivation in Growing Market

Michigan lawmakers approve bills designed to restrict medical marijuana cultivation by caregivers Marijuana sales in the state are increasing. Top priority is concern about the safety of untested medical marijuana grown by caregivers. With Michigan seeing record sales this year, the state is looking to provide regulation over the growing market in efforts to ensure quality and safety. Recently, Michigan lawmakers approved bills designed to restrict medical marijuana cultivation by caregivers (https://cnw.fm/0HTjW). Growth and legislation are key points that cannabis company Hero Technologies (OTC: HENC) is paying close attention to, as the company works to strengthen its presence in the state’s…

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MondayNov 15, 2021 8:30 am

The Lift & Co. Expo, Largest Industry and Consumer Cannabis Event in Canada, Set to Attract Consumers, Professionals, and the Media This year

The Lift & Co. Expo will be making a comeback in Toronto following a one-year halt. It promises to be better than ever before, offering value to all stakeholders within the cannabis and psychedelics space, from consumers to professionals and business owners. The event builds on Lift & Co.’s previous successful events while taking it a step further. Over 1000 attendees are expected to show up, and over 250 exhibitors have confirmed their participation. This guarantees an opportunity to build brand awareness, explore global expansion opportunities, network, and engage with unique audiences within the cannabis space. At the core of…

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MondayNov 15, 2021 8:30 am

Cannabis Strategic Ventures Inc. (NUGS) Inks MOU Outlining Strategic Acquisition of Indoor Cannabis Cultivation Facility

Cannabis sales are projected to increase as NUGS makes move to increase premium cannabis production MOU grants rights for NUGS to purchase 10% of the facility at a valuation of $15 million for the entire facility Agreement strengthens company’s status as an emerging leader in the vertically integrated California cannabis marketplace As sales of high-quality cannabis in California, the largest cannabis market in the country, are projected to increase, Cannabis Strategic Ventures (OTCQB: NUGS) is taking strategic steps to ensure its position in the growing space. Most recently, the company inked a Memorandum of Understanding with Devine Solution Inc. with…

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FridayNov 12, 2021 2:33 pm

Flora Growth Corp. (NASDAQ: FLGC) Expands Its Plant-Based CPG Market Reach, Celebrates International Medical Cannabis Certification

International cannabis cultivator, manufacturer, and distributor of plant-based lifestyle and wellness brands Flora Growth Corp. is steadily building a worldwide pipeline for downstream cannabis brands using its Colombian cultivation facilities and a growing list of trade partners Flora Growth recently announced multiple distribution and e-commerce marketplace agreements that will see its two leading skincare brands, MIND Naturals and Awe (Ô), distributed via GlossWire and Showfields  The company also expects its Colombian on-site CBD extraction facility to come online as well as complete the first harvests of its high-THC psychoactive cultivars later in the month Flora Growth achieved Good Agricultural and…

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