WednesdayJul 20, 2022 4:20 pm

420 with CNW — Clinton Calls CBD Trial’s Results Encouraging for Pain Treatment

A recent press release by Orcosa highlights a statement made by former U.S. President Bill Clinton to the effect that the results of a clinical trial by NYU Langone, which tested the effectiveness of CBD in managing pain, were very encouraging. Clinton, who has in the past revealed that he used cannabis in his youth, has been keenly following the progression of these CBD trials. Orcosa is a life sciences company that is focused on modernizing the way drugs are taken through the use of its next-generation drug-delivery technology. The company supplied the CBD products used in the trial, which…

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WednesdayJul 20, 2022 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Pending Start of Human Nicotine Study, NIC-H22-1, Leveraging Fast-Growing Global Nicotine Pouches Market

Lexaria Bioscience Corp. expects the upcoming human nicotine study to produce evidence that its patented DehydraTECH(TM) technology can enhance oral-tissue absorption with reduced negative experiences Data collected from animal study NIC-A21-1 showed that DehydraTECH enhanced oral nicotine pouches delivered peak nicotine levels in the bloodstream of animals 10x to 20x faster than the control The global nicotine pouches market was valued at $2.33 billion in 2020 and is expected to reach $21.84 billion by 2027, being one of the fastest growing segments in the nicotine industry Lexaria's pipeline addresses serious unmet patient or consumer needs with greater market potential, addressing…

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WednesdayJul 20, 2022 4:20 am

420 with CNW — The Marijuana Drinks Segment Looks Poised for Long-Term Growth

We have seen several major players enter the marijuana drink market in the recent past as more products are launched, despite the segment being in its infancy. While the focus in the past had been THC-infused drinks, we have seen interest in the wellness benefits linked to CBD growing as well. Cannabis drinks are popular with consumers for various reasons, including fewer health concerns, discreetness, ease of consumption and less stigma when compared to other marijuana consumption methods such as smoking. These drinks also have faster onset of effects as the cannabinoids are quickly absorbed into an individual’s bloodstream under…

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TuesdayJul 19, 2022 4:20 pm

420 with CNW — California Cannabis Businesses Unhappy with Recent Tax Reforms

Although California is home to the largest cannabis market in the country, it is vastly overshadowed by the illicit market. Compared to the $8.7 billion that illicit cannabis sellers earned in 2019, the legal market only brought in $3.1 billion. In a bid to increase legal sales and reduce the dominance of black market sellers, regulators in the state recently passed tax reforms that would reduce the tax burden on licensed cannabis businesses and make their products more affordable. However, cannabis businesses in California still aren’t satisfied with the tax cuts, claiming that they are too modest to have any…

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TuesdayJul 19, 2022 4:20 am

420 with CNW — Tips for Cannabis Consumption during the Summer

Summer is all about relaxing and enjoying yourself, whether this is in the form of margaritas by the beach or smoking a joint to improve your mood. However, with multiple heat waves expected this summer, there are a few things you should keep in mind, especially if you plan to consume marijuana. Cannabis has a “cooling” ability Some studies suggest that cannabis can lower an individual’s body temperature, with researchers explaining that this may be caused based on how THC interacts with the TRPA-1 receptor. This side effect will come in handy for those living in regions with very high…

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MondayJul 18, 2022 4:20 pm

420 with CNW — Data Shows Cannabis Flower Still Dominates Markets in Canada, US

Despite the increased prevalence of cannabis-derived products, consumers in America and Canada still overwhelmingly prefer cannabis flower. According to a new study published in the “International Journal of Drug Policy,” cannabis consumers in these two markets mostly consume cannabis flower compared to other cannabis product formulations. Researchers studied trends in marijuana consumption patterns in the United States and Canada from 2018 to 2020 in what they called “one of the most comprehensive assessments” of marijuana consumption in the either country to date. They acknowledged that both countries had rapidly diversified cannabis markets and noted that user preference was a major…

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MondayJul 18, 2022 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Offers Best-In Class Solution To Major Issue Affecting A Range Of Critical Drug Applications

Researchers have run into the issue of solubility of molecules intended for absorption, ultimately affecting drug effectiveness and inhibiting patient recovery This has forced the exploration of new drug delivery technologies, with Lexaria’s patented DehydraTECH(TM) technology proving to be the most innovative, useful, and effective DehydraTECH(TM) technology has seen application in oral nicotine for reduced risk, antiviral drugs for COVID-19 and other infectious diseases, PDE5 inhibitors, and CBD for hypertension The recent expansion of the Cannadips Brand into Europe, Japan, and South Africa highlights the proliferation of DehydraTECH and a significant growth in its market share, particularly in the CBD…

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MondayJul 18, 2022 4:20 am

420 with CNW — VA Clarifies That Veterans Working in Cannabis Industry Can Apply for Home Loans

Although dozens of states have now legalized medical cannabis and studies have found that cannabis can be quite effective at treating issues such as and post-traumatic stress disorder, veterans often struggle to access cannabis. Furthermore, military veterans who work in state-legal cannabis industries often lack the benefits and protections from the U.S. Department of Veteran Affairs that veterans outside the industry enjoy because cannabis is still illegal at the federal level. In a move that is sure to be met with praise from veterans, cannabis reform activists and industry stakeholders, the VA has clarified that veterans who work in the…

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FridayJul 15, 2022 4:20 pm

420 with CNW — California Wants Standardized THC Testing to Prevent Lab Shopping

America’s cannabis industry may be insanely lucrative, but it desperately lacks standardized regulations. Each state with a legal cannabis market has its own marijuana policies, leading to a patchwork of regulations across the country. And even within individual states, there tends to be little standardized regulation. In California, which is home to the largest cannabis market in the country, this manifests as THC “laboratory shopping.” This term refers to cannabis companies that shop around for laboratories which are more likely to show that their products have higher THC concentrations to make them more popular. State cannabis regulators in California are…

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FridayJul 15, 2022 4:20 am

420 with CNW — Health Canada Remains Quiet on Timeline for Reviewing Marijuana Law

More than eight months after the Canadian government was supposed to begin a review of Canada’s 2018 adult-use legalization law, authorities have yet to begin the process. Additionally, Health Canada, the department in charge of the country’s national health policy, still hasn’t provided a timeline for reviewing the recreational cannabis law. This delay has hindered the development of much-needed legislative reforms for the recreational cannabis industry, one industry executive believes. According to Aurora Cannabis senior vice president of global government relations Rick Savone, the legislative review needs to cover a lot before the industry can get the regulations it desperately…

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