NewsRoom Articles - CannabisNewsWire

MondayJun 14, 2021 4:20 am

420 with CNW — Cannabis Boom Revives Storefronts, Factories; Brings Jobs to Michigan

Before the state of Michigan legalized marijuana, various areas in the Southwest were filled with empty storefronts and warehouses. However, the plant’s legalization brought with it marijuana-industry investors into the state who were looking for locations to process and grow plants, as well as establish dispensaries. City leaders in southwest Michigan state that the marijuana industry has brought more than 10 years’ worth of redevelopment to the area, adding that even more projects are scheduled to begin in the next year or so. In the last two years alone, the sum investment in equipment and buildings in Buchanan and Niles…

FridayJun 11, 2021 4:20 pm

420 with CNW — UC San Diego Research Explores Cannabis Use Against Migraines

Long before America had a growing state-legal cannabis sector, regular users claimed the controversial drug was a great pain relief option. With more than 30 states now allowing the use of medical marijuana, thousands of patients have been able to get a taste of cannabis' alleged pain-relief abilities. However, due to marijuana's controlled status at the federal level, researchers have been unable to have a more conclusive look at its purported medical abilities — until recently. Now, a group of researchers at UC San Diego is taking advantage of its state's pro-cannabis legislation to launch the first placebo-controlled study into how…

FridayJun 11, 2021 9:15 am

Hero Technologies Inc. (HENC) Establishes Strong Position, Portfolio in Growing Market

Marijuana sales in Michigan hit record $115.4 million in March, more than twofold increase over March 2020 U.S. marijuana markets forecasted to reach an estimated $45.9 billion in annual sales by 2025 HENC focused on developing “largest vertically integrated cannabis company the world has ever known” The numbers being reported in Michigan’s cannabis space are impressive, and companies operating in the state, such as Hero Technologies (OTC: HENC), are watching the growth of the industry closely. The state’s numbers should only increase as the cannabis market in the United States hits record highs. “Recreational and medical marijuana sales in the state…

FridayJun 11, 2021 4:20 am

420 with CNW — Genetic Testing May Help Transform the Marijuana Sector

Recent research conducted by CSO and president of EVIO Labs Inc. (OTC: EVIO) Anthony Smith and M.J. Murdock Metabolomics Lab director Bernd Markus Lange, together with their colleagues, may be useful to marijuana consumers, producers and breeders. The researchers examined various data sets to differentiate marijuana strains. Each strain of marijuana contains different concentrations of cannabinoids, including CBD, which is nonpsychoactive, and THC, which is psychoactive. This allows consumers to choose marijuana based on desired effects, such as particular aromas and relaxation. However, the genetic information that makes up these differences isn’t well understood. This is why the researchers’ discoveries…

ThursdayJun 10, 2021 4:20 pm

420 with CNW — Are CBD Gummies Worth Trying Out?

Ever since Congress legalized industrial hemp and its derivatives via the 2018 Farm Bill, hemp extract cannabidiol (“CBD”) has become exceedingly popular. It is part of a group of compounds called cannabinoids that are produced by plants in the cannabis family, and unlike THC, it does not get users high. Instead, CBD is allegedly packed with numerous health benefits, and as the industry has matured, CBD edibles have become especially popular with consumers. In fact, the CBD edibles space is one of the fastest-growing markets in the nascent CBD industry, growing from what was a niche product just a couple…

ThursdayJun 10, 2021 10:35 am

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Earns BUY Rating, Coverage from Fundamental Research Corp

New report cites new management, very good customer ratings and record revenue in initiating CHAL coverage Chalice Brands acquisition of Homegrown Oregon also noted CHAL’s consistent increase in financial numbers key to BUY rating as well A recent Fundamental Research Corp. report has initiated coverage of Chalice Brands (CSE: CHAL) (OTCQB: CHALF) with a BUY rating and a fair value estimate of C$2.46 (https://cnw.fm/i4AD6). CHAL closed at C$1.37 on June 8, 2021. Chalice is a leader in retail, marketing and craft cultivation supported by fully integrated processing and distribution. “New management has demonstrated their ability by significantly growing the company’s revenue and…

ThursdayJun 10, 2021 9:00 am

RYAH Group Inc. (CSE: RYAH) Reports on the Medical Benefits of the “Munchies”

Reported on the therapeutic benefit of munchies for nausea and vomiting Recorded over 14,500 sessions from patients seeking relief from nausea Munchies are a medical benefit for those going through chemotherapy or diagnosed with cachexia, also known as a wasting disorder RYAH Group (CSE: RYAH), the leading data technology company in plant-based medicine, collects data through its IoT dose-measuring devices and AI analytics. Recently the company reported on The Therapeutic Benefit of the Munchies for Nausea and Vomiting. The full article can be found at https://cnw.fm/YZomi. RYAH is uniquely positioned to collect essential data that can lead to more personalized…

ThursdayJun 10, 2021 4:20 am

420 with CNW — Study Finds Medical Cannabis Containing THC Can Work Better Than Cannabidiol

The past decade has seen medical cannabis become exceedingly popular as more than 30 states have passed legislation allowing qualifying patients to use marijuana for medical purposes. Consequently, there has been increased, although still limited, research into marijuana's medical potential, and one theory has almost become a fact in many people's minds. THC (delta-9 tetrahydrocannabinol), the main psychoactive agent in cannabis, has been unofficially dubbed the fun cannabinoid that has barely any medicinal properties and gets users high while CBD (cannabidiol) is the medical powerhouse responsible for marijuana's purported medical abilities. Most of state-legal medical cannabis programs only allow cannabis…

WednesdayJun 09, 2021 4:20 pm

420 with CNW — Demand for Cannabis Beverages Seems Poised to Explode

A report released by Headset in March stated that advancements in marijuana infusion technology and the introduction of new brands into the market would boost cannabis beverage sales. The marijuana analytics firm noted that since the start of last year, cannabis beverage purchases had grown rapidly in Canada, making up roughly 4% of overall purchases. At the moment, the cannabis beverage market is filled with numerous SME craft companies. Many large-scale manufacturers of alcoholic manufacturers are keen to enter the market, with most of them working to develop new products. For instance, Heineken recently introduced to the market Hi-Fi Hops…

WednesdayJun 09, 2021 9:00 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Inks White Label Agreement as Strategic Planning Pays Off

White label agreement with FLO Brands outlines launch of cannabis vape product line PULL beginning to execute strategy to get white label products into provincial dispensaries, drive up to $3 million of annual revenue Nikolaevsky reports that “white labeling has also begun to build momentum and gain sales traction for us” Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic industry, announced that it has finalized a white label agreement to launch a line of cannabis vape products (https://cnw.fm/crHWm). The agreement was made between Pure…