NewsRoom Articles - Page 147 of 596

WednesdayOct 26, 2022 4:20 am

420 with CNW — Major League Baseball Inks Sponsorship Deal with CBD Firm

In June, the MLB announced that clubs were permitted to form sponsorships with CBD companies that were certified for sport by the National Science Foundation. This foundation is an institution that approves standards for products used by athletes. Recently, Major League Baseball entered into a sponsorship deal with Charlotte’s Web Holdings Inc. This comes after the league removed CBD from its list of banned substances in 2019, making it the first sports league in the United States to do so. CBD (cannabidiol) is one of the two primary compounds found in marijuana, the other being THC. Unlike THC, however, this…

TuesdayOct 25, 2022 4:20 pm

420 with CNW — Uber Eats Starts Delivering Marijuana to Toronto Residents

In a first of its kind, Uber Eats has partnered with Leafly in order to make marijuana deliveries to residents of Toronto in Ontario, Canada. This food delivery company is owned by U.S.-based technology behemoth Uber Technologies Inc. The partnership signed between Leafly, an online cannabis marketplace, and Uber Eats will see a select number of marijuana retailers, including Minerva Cannabis, Shivaa’s Rose and Hidden Leaf Cannabis, receive online orders for delivery to addresses stipulated by cannabis buyers. Uber Eats will then facilitate the deliveries. Consumers who are at least 19 years old will download the Uber Eats app and…

TuesdayOct 25, 2022 11:15 am

Lift&Co. Expo Vancouver 2023 to Introduce New Elements and Recognize Hidden Talents in the Cannabis Community

Join leading cannabis investors, processors, manufacturers, growers, brands, budtenders, retailers, educators, advocates, regulators and more at the Lift&Co. Vancouver Expo, 2023, being held from January 12-14, 2023, at the Vancouver Convention Centre. As Canada’s number-one cannabis conference and trade show, the event will bring unique and innovative ideas and elements as part of an immersive experience that keeps the audience engaged over the course of three days. Day one begins with the Lift Cannabis Business Conference, a business-oriented strategy-focused conference focused on the growth and development of the Canadian cannabis community. Industry stalwarts and fresh voices from the cannabis arena…

TuesdayOct 25, 2022 9:45 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Potential Hypertension Medication Poised to Reduce Risk of Blood-Pressure-Induced Dementia, Cognitive Decline

Lexaria Bioscience is a global innovator in drug delivery platforms that has developed the patented DehydraTECH(TM) technology for improved delivery of bioactive compounds The company is currently evaluating DehydraTECH-processed CBD as a potential treatment for high blood pressure Long-term studies have shown that high blood pressure can increase the risk of developing dementia in later life Experts, however, believe that hypertension medication could slow the pace of the cognitive decline In addition to helping hypertension patients keep their condition under control, Lexaria’s DehydraTECH-CBD, which has so far been shown to be safe and well tolerated, could potentially help reduce the…

TuesdayOct 25, 2022 4:20 am

420 with CNW — UCLA Scientists Close to Finalizing Marijuana Breathalyzer

New research by scientists at UCLA has developed a cannabinoid fuel cell prototype that can detect THC, the compound responsible for inducing a high when marijuana is consumed, in a person’s breath. ElectraTect, a UCLA startup, is testing the device, which it believes offers a foundation for the development of a cannabis breath analyzer that is similar to the breathalyzers used to test for alcohol in an individual’s breath. The lab device has been designed to detect the presence of THC and measure its concentration in a solution. The researchers reported their findings in the “Organic Letters” journal. They stated…

MondayOct 24, 2022 4:20 pm

420 with CNW — Biden’s Marijuana Pardons Could Give State Legalization Drives a Boost

President Joe Biden announced that he was granting pardons to all individuals convicted on minor federal marijuana possession charges; ex-convicts on such charges would also have their criminal records expunged. President Biden also asked governors to take similar steps regarding state-level cannabis offences. In addition, the president asked the U.S. Department of Justice and the U.S. Department of Health & Human Services to expeditiously review the scheduling of marijuana in the 1970 Controlled Substances Act. These actions of the head of state come at a time when the country is gearing up for midterm elections in a few weeks, and…

MondayOct 24, 2022 12:00 pm

REZYFi, Inc. Helps Cannabis-Related Businesses Succeed in California Through Alternative Finance Success

The global cannabis market is expected to reach $27.7 billion in 2022, growing at a CAGR of 24.3% through 2027, resulting in an anticipated value of $82.3 billion during the forecast period REZYFi is positioned as one of the first cannabis mortgage bankers in the United States, using its experience, independent network of brokers, and proprietary technology, to expand alternative financing options in the industry The company is currently licensed in 36 states with plans to expand in the future California began paving the way for cannabis-related businesses in 1996 when voters passed the Compassionate Use Act, legalizing the medicinal…

MondayOct 24, 2022 9:00 am

Advanced Container Technologies Inc. (ACTX) Leaders Talk Game-Changing Microfarm Growing Option on Episode of Leading Podcast

ACTX CEO Doug Heldoorn, Grow Pod inventor Shannon Illingworth discuss the innovative microfarm option on recent Gamechangers LIVE podcast Discussion focuses on history of company, significant health and safety benefits of Grow Pods Company is dedicated to developing, manufacturing and selling advanced cultivation equipment and packaging systems Advanced Container Technologies (OTC: ACTX) chair and CEO Doug Heldoorn was a featured guest on a recent episode of the Gamechangers LIVE podcast (https://cnw.fm/3xv5t). Heldoorn was joined by Shannon Illingworth, inventor of Grow Pods, the microfarm containers that ACTX distributes throughout the United States. During the podcast, the two men discussed the origins…

MondayOct 24, 2022 4:20 am

420 with CNW — New Data Shows That Less Than 10% of Canadian Marijuana Licensees Exited Growing Industry

New data from the Canadian government shows that less than 10% of federal marijuana license holders have left the market since the plant was legalized in 2018. This data suggests that industry forecasts of a decrease in marijuana producers in the market has not occurred, as new entries into the hypercompetitive market surpass those exiting by a wide margin. The new data was released as part of the Canadian government’s engagement paper for the Cannabis Act review. The public engagement paper also asks questions relevant to the industry to help gather feedback; that feedback will be used by the government…

FridayOct 21, 2022 4:20 pm

420 with CNW — How President Biden’s Marijuana Directives Could Affect the Industry

After about 50 years of legally sanctioned prohibition in the United States, marijuana has reached a pivotal moment that could rewrite the industry as it currently stands. Earlier this month, President Joe Biden directed the relevant federal agencies to conduct an exhaustive review into the scheduling of cannabis in the Controlled Substances Act. That directive has set in motion a process that could end in one of an endless list of possible outcomes, and only the most foolhardy of “analysts” can authoritatively predict what the outcome will be. For example, the review process could recommend a continuation of the status…