NewsRoom Articles - Page 173 of 596

WednesdayJun 15, 2022 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Initiates Communication with the FDA Concerning Potential Treatment for Hypertension; Out-Licenses Its DehydraTECH Technology to International Markets

Lexaria, a global innovator of drug delivery platforms, recently filed a pre-IND meeting request letter with the FDA, initiating communication regarding the development of its DehydraTECH-CBD as a treatment for hypertension The company has been undertaking preparatory programs in readiness for the meeting, as well as an IND application filing The pre-IND meeting will confirm the details of the company’s IND-enabling program Lexaria also announced it had licensed its DehydraTECH technology to AnodGen, with the announcement following similar out-licensing agreements with Valcon Medical and Premier Science Early last September, global innovator Lexaria Bioscience (NASDAQ: LEXX) was pleased to announce it…

WednesdayJun 15, 2022 4:20 am

420 with CNW — Senator Asks Congress to Allow Cannabis Businesses to Access Business Loans

America’s cannabis industry exists in a sort of limbo. Although dozens of states now allow the cultivation and sale of cannabis to adults aged 21 and older, federal law still outlaws the plant and considers it a Schedule I controlled drug. This means that even though licensed cannabis businesses are seen as legal commercial enterprises by many states, they cannot access many of the services other industries enjoy. One such service is benefits and grants from the federal government. Cannabis businesses felt this most acutely during the coronavirus pandemic when the national government deployed aid funds to businesses through the…

TuesdayJun 14, 2022 4:20 pm

420 with CNW — Study Concludes Cannabis Is Safe, Effective in Treating Cancer Pain

Israeli researchers recently published a scientific paper proving that cannabis has the potential to provide chronic pain relief to patients undergoing cancer treatment. Such patients are typically prescribed pharmaceutical painkillers to manage their pain during treatment. But while these drugs can be effective at reducing pain, they tend to cause adverse side effects such as addiction. Researchers have been on the lookout for a drug that can provide the same pain relief without any of the side effects for quite a while. The paper notes that while medical cannabis can also have side effects, those effects can be categorized as…

TuesdayJun 14, 2022 4:20 am

420 with CNW — How Patients Can Access Free Medical Cannabis in California

By the start of 2022, more than 30 states had legalized medical marijuana. Research has found that cannabis can be quite effective at alleviating medical conditions such as chronic pain, insomnia and post-traumatic stress disorder (PTSD). However, medical marijuana isn’t always cheap; according to Americans for Safe Access executive director Debbie Churgai, the number-one barrier to medical cannabis access is affordability. Furthermore, federal prohibition means that insurance providers do not provide coverage for medical cannabis even if it is prescribed by a doctor. This often leaves those who need medical marijuana the most with no affordable way to access it.…

MondayJun 13, 2022 4:20 pm

420 with CNW — U.S. Mayors Pass Measure Urging Congress to End Cannabis Prohibition

Earlier this week, the U.S. Conference of Mayors approved a resolution that would protect banks which work with state-legal cannabis businesses from federal penalties. This organization representing mayors passed the measure during its 90th annual meeting. In 2021, the body adopted a different resolution that promoted social equity in the growing marijuana industry and called for an end to federal marijuana prohibition. This latest measure expresses support for federal measures to legalize marijuana, including the Cannabis Administration and Opportunity Act, which is being finalized in the Senate, and the Marijuana Opportunity, Reinvestment and Expungement Act (MORE Act), which was approved…

MondayJun 13, 2022 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) and the Budding Alternative Nicotine Market

The nicotine pouch market is projected to reach $21.84 billion in 2027, up from $2.33 billion in 2020, representing a CAGR of 30.7% The smokeless tobacco products sector is expected to post a CAGR of 7.2% over the forecast period (2018-2025) Lexaria, through its patented DehydraTECH technology, is tapping into this important alternative nicotine sector Its management is confident that its research and technology development investment will pay off and provide greater consumer satisfaction. In 2019, it was estimated that at least 1.1 billion people globally smoked cigarettes regularly. 780 million, representing 71% of the global smoking population, noted that…

MondayJun 13, 2022 4:20 am

420 with CNW — Strategies to Consider When Growing Marijuana in Different Markets

Companies that grow marijuana in a number of states need to use various strategies, depending on several variables in order to effectively compete in this burgeoning industry. Those variables include the climate, what consumers are willing to pay for a product and the maturity of the market in the state. Experts believe that for companies and their cultivators to maximize profits while preserving the integrity of the plants they grow, they need to align with the trajectory of the market they are involved in. So what should growers take into consideration when growing cannabis in more than one state? Mature…

FridayJun 10, 2022 4:20 pm

420 with CNW — California Goes Hard Against Illicit Cannabis Sellers

California’s cannabis industry raked in a whopping $5.2 billion in 2021, making it the largest legal cannabis market in the world. Coincidentally, California is also home to an illicit cannabis market worth a staggering $8 billion. Experts estimate that up to 90% of the cannabis sold in the state falls into a legal gray area. California officials are having none of it anymore. State tax collectors have been specifically active against black market sellers, intensifying enforcement against unlicensed cannabis enterprises that owe the state millions of dollars in unpaid taxes. For the past couple of months, the California Department of…

FridayJun 10, 2022 4:20 am

420 with CNW — Cannabis Coalition Unveils New Campaign in Support of Banking Reform

Minorities for Medical Marijuana, Minority Cannabis Business Association, Marijuana Matters and Women Grow have banded together to create a campaign to help promote the economic and social equity advantages of allowing businesses involved in the cannabis industry to access financial services. The objective of the campaign, which has been dubbed SAFE4Equity, is to call for the SAFE Banking Act to be approved in Congress. This banking measure, which is sponsored by Rep. Ed Perlmutter, was enacted as part of the America COMPETES Act, which is currently in negotiations in a bicameral conference committee. Despite some advocates criticizing those who would…

ThursdayJun 09, 2022 4:20 pm

420 with CNW — California Government Report Highlights Racially Slanted Drug-War Effects

America’s criminal justice system has never been kind to minorities. Long before the drug war wrought untold havoc on the Black community, people of color were much more likely to run afoul of the law, even if they were innocent or had committed the same crime as a White individual. The war on drugs stepped up this racial persecution and allowed the criminal justice system to arrest and convict nearly half a million Black Americans. A California government task force recently released an interim report on offering the Black community reparations for the damage caused by marijuana criminalization and the…

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