NewsRoom Articles - Page 152 of 541

ThursdayJan 06, 2022 4:20 am

420 with CNW — Germany’s Marijuana Industry Soars as Country Prepares to Legalize Recreational Use

Last month, Germany’s new coalition government revealed that it planned to legalize marijuana for recreational use. This announcement has catapulted the country’s budding marijuana industry to new highs, with companies involved in the market now focusing on growing. CEO Synbiotic is one of the companies that would like to establish a chain of dispensaries which would offer a full array of cannabis-related products — everything from edible gummies and flower to tinctures. The company is a major player in the country’s nascent cannabinoid sector, investing in everything from researchers to cultivators and distributors. Many believe that legalization would be a…

WednesdayJan 05, 2022 4:20 pm

420 with CNW — Cannabis Group Publishes Guide for Marijuana Dispensaries at Risk of Robberies

Businesses in the cannabis space have always faced the risk of burglaries and robberies. For starters, they sell a product that is in extremely high demand both on the legal and black markets. Secondly, marijuana’s classification as a Schedule I controlled drug has made it difficult for cannabis businesses to access banking services because most banks refuse to serve cannabis businesses. This forces them to transact on a cash-only basis, meaning cannabis businesses tend to have large amounts of cash on-site. Consequently, marijuana businesses present an attractive target to criminals looking to make a quick buck. Over the last couple…

WednesdayJan 05, 2022 1:07 pm

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Named as One of the Top 101 Food and Beverage Startups and Companies in Canada

Best Startup Canada named BevCanna Enterprises one of the 101 Top Food and Beverage Startups and Companies in Canada BevCanna was also recognized as one of the Top 101 Cannabis Startups in the country The company has had strong growth momentum in its core business, with 3Q21 revenues rising over 1,000% year-over-year BevCanna signed an agreement to manufacture and white-label cannabis beverages on behalf of Averi Health Products, which will subsequently be distributed in the Canadian market BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) — a diversified health & wellness beverage and natural products company developing and manufacturing a…

WednesdayJan 05, 2022 12:22 pm

Sugarmade Inc.’s (SGMD) Nug Avenue Growth Fuels Expansion Plans

Nug Avenue success provides healthy backdrop as SGMD looks ahead to opening new locations In addition to adding members, Nug Avenue has added new cannabis delivery technology to its format New delivery tech provides everything from route optimization to real-time delivery updates, saving time and money while producing higher customer satisfaction Cannabis delivery continues to be a promising space in California — and around the country, for that matter— and the success of Sugarmade’s (OTC: SGMD) Nug Avenue firmly establishes the company as a leader in the growing sector (https://cnw.fm/DZscn). SGMD is leveraging the combination of Nug Avenue’s high performance and…

WednesdayJan 05, 2022 4:20 am

420 with CNW — Survey Finds One-Half of US Marijuana Consumers Would Choose Marijuana over Alcohol

The past couple of years have seen more than two dozen states pass some form of cannabis regulation, making marijuana more accessible to the public than ever. Customers are loving it — in just a few short years, consumers have purchased billions of dollars’ worth of legal cannabis. Based on the almost insane demand for cannabis, experts project that the industry will see significant growth in the future, achieving a valuation of $198 billion in 2028. Customers are especially attracted to cannabis due to its allegedly potent and versatile medical abilities. Studies have found that cannabis can have therapeutic effects,…

TuesdayJan 04, 2022 4:20 pm

420 with CNW — Study Shows One in Three Programmers Use Cannabis

A new study has found that a considerable number of software programmers use cannabis while on the job, with most revealing that it boosted their creativity and got them into the zone. The study was conducted by University of Michigan researchers. They based their research on anecdotal evidence, which suggested that programmers were more likely to use marijuana while working. The researchers carried out a survey to find out whether this was true, obtaining feedback from more than 800 developers, who explained how cannabis helped or impacted their work. The researchers were primarily motivated by the fact that policies for…

TuesdayJan 04, 2022 4:20 am

420 with CNW — Five Benefits of Cannabis, According to CNN’s Dr. Sanjay Gupta

Dr. Sanjay Gupta, the chief medical correspondent for CNN, has been exploring the effects of smoking cannabis for a couple of years now. He believes that cannabis provides considerable medical benefits. His most recent report, which focused on the use of cannabis to help relieve pain and symptoms of various health conditions, discusses his thoughts on the matter. During his quest to learn more about marijuana’s benefits, Gupta discovered a study conducted in Israel by a world renowned scientist, Raphael Mechoulam. The study centered on the use of cannabis as a treatment for refractory seizures in children. While additional studies…

MondayJan 03, 2022 4:20 pm

420 with CNW — How to Choose Marijuana Packaging Suppliers

America’s state-legal cannabis industry is one of the youngest and fastest-growing industries in the country. In just a couple of years, players in the cannabis game have been able to generate billions of dollars in sales, and most experts project massive growth for cannabis. However, despite being extremely profitable, the marijuana and hemp sectors are wrought with pitfalls, including supply chain issues, long lead times and uneven regulations across state lines. To ensure that your packaging is compliant with packaging regulations and doesn’t eat into your profit margins, keep the following tips in mind when you contract packaging suppliers. According…

MondayJan 03, 2022 1:55 pm

American Cannabis Partners’ Vertically Integrated Business Model Holds It in Good Stead as Global Supply Disruptions Hit the Cannabis Industry

Global supply chain disruptions are set to spread to the North American cannabis market Supply shortages are already being felt in the manufacture of vaping devices and specialty packaging with rising concerns that these could extend to raw cannabis flower supply American Cannabis Partners has distinguished itself through both a strict focus on a vertically integrated business model as well as through its adherence to unique Jamaican cultivation techniques The company now has plans to expand operations to a third state in 2022 and a fourth state by 2024 A shortage of Nutella and new automobiles, higher gas prices, and…

MondayJan 03, 2022 12:42 pm

Flora Growth Corp. (NASDAQ: FLGC) Entering 2022 with Momentum from Sustainability Efforts and the Building of Global Distribution Channels

Flora Growth Corp. is a Canadian cannabis and wellness brand distributor operating from a cultivation base in central Colombia The company’s focus on sustainability guides its efforts to market products that are beneficial to their local communities as well as the world at large Market analysts predict 2022 will see the global CBD skin care market segment alone grow with a CAGR of 24.8 percent The COVID-19 pandemic is continuing to drive expansion of online retail that affects the cosmetics sector as well as clothing, groceries and other avenues that may include the more-than-190 cannabis-derivative products produced by Flora Growth …