NewsRoom Articles - Page 175 of 596

FridayJun 03, 2022 4:20 pm

420 with CNW — Ukraine War, Supply Chain Issues Increase Marijuana Production Costs

Ever since the supply chain problems triggered by the pandemic were worsened by Russia’s invasion of Ukraine, cannabis producers are facing rising costs that could shake the industry in ways that have never been seen. Russia and Ukraine together account for 28% of NPK fertilizers (nitrogen, phosphorous as well as potassium) sold on the world market. The war and the sanctions placed on Russia have shaken this supply source, and the cannabis industry as well as other segments of the agricultural industry is feeling the heat. “Modern Farmer,” a magazine published every quarter, paints a graphic picture of how fertilizer…

FridayJun 03, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Mines Potential of Helping Medicines Do What they Do, But Better

Lexaria Bioscience is a global innovator in drug delivery platforms, developing a technology designed to improve the performance of other medicinal products by making them more rapidly and effectively usable by patients’ bodies Lexaria’s patented DehydraTECH technology has been studied in combination with a number of other products, including but not limited to, cannabidiol (“CBD”), oral nicotine, antivirals, NSAIDs, and erectile dysfunction therapies The company is pursuing FDA approval under the Investigational New Drug (“IND”) process to clinically test its DehydraTECH-CBD for the treatment of high blood pressure A driving focus of the company’s R&D has been to improve the…

FridayJun 03, 2022 4:20 am

420 with CNW — DOJ Report Says Federal Cannabis Arrests Continue to Decline Annually

According to new data released by the U.S. Department of Justice, federal arrests connected to marijuana have continued to plummet each year as states continue reforming their cannabis laws and creating markets for this substance. The report says that the number of people arrested by the U.S. Drug Enforcement Administration has registered an annual 11% decline from 2010. In that year, a total of 8,215 arrests connected to marijuana charges were made by the federal agency. However, the figure has dropped over time to the 2,576 arrests on record in 2020. It isn’t immediately clear which specific factors are behind…

ThursdayJun 02, 2022 4:20 pm

420 with CNW — Georgia Voters Endorse Ballot Question on Cannabis Legalization

Earlier last week, voters in the state of Georgia approved the language of a ballot measure expressing support for the legalization of adult-use marijuana. Democratic Party leadership in the state placed a number of nonbinding advisory questions on the primary election ballot to help inform lawmakers on where residents in the state stood on various issues, including cannabis legalization. The question on legalization asked residents whether cannabis needed to be legalized, regulated and taxed in the same manner as alcohol for individuals aged 21 and above, with proceeds from its sale being directed toward health care, infrastructure and education programs.…

ThursdayJun 02, 2022 4:20 am

420 with CNW — Study Says Cannabis Legalization Has Drastically Changed Marijuana Advertising

A recent study has concluded that the cannabis legalization wave sweeping across states and countries has triggered “drastic changes” in the way marijuana is advertised on Instagram. The research found that women are now more noticeable as “marijuana influencers,” and they drive cannabis marketing by posting about the way marijuana can be incorporated in one’s lifestyle. This study is in stark contrast to pre-legalization years in which men where the more expected face of advertising illicit marijuana. The profiles of marijuana influencers now are also authentic, while those of the previous lot of marketers were anonymous or almost identifiable as…

WednesdayJun 01, 2022 4:20 pm

420 with CNW — NIDA Seeks Additional Suppliers of Research-Grade Cannabis

The National Institute on Drug Abuse is seeking new partners that can supply cannabis for study purposes. Last week, the federal drug agency posted a notice on its website for organizations authorized by the DEA to grow marijuana that could acquire or produce marijuana and related materials for research. Before the DEA recently ended the University of Mississippi’s monopoly on cannabis supply and agreed to approve new licenses, the National Institute on Drug Abuse had only a single supplier of marijuana for research. While the agency hasn’t stated how many suppliers it needs, it has listed the criteria for a…

WednesdayJun 01, 2022 12:00 pm

CWCB Expo Arrives in New York To Offer Greater Networking and Business Opportunities In The Cannabis Sector

CWCB Expo is a leading B2B marketplace for networking within the cannabis community. Become a part of the interactive educational sessions, hold unique product displays, participate in panel discussions, and seek the phenomenal opportunities offered by the CWCB platform. The conference is being held on June 2-4, 2022 as an in-person event for the hemp and cannabis business community in New York. From discovering the more creative products being showcased to making launch announcements, the CWCBExpo is the center place of all cannabis business. Industry thought leaders and eminent personas of the cannabis arena from New York and around the…

WednesdayJun 01, 2022 11:15 am

With a Focus on Accountability, Prime Harvest Inc. Continues to Grow as a Leader in California’s Cannabis Industry

Prime Harvest is a California-based tech-driven full-service cannabis corporation focused on direct-to-consumer operations, licensing acquisition, compliance management, and state-wide delivery Prime Harvest fuses integrity into operations, dedicated to redefining the customer experience, being a force for good within the communities they serve, while building a valuable enterprise Member of Community Alliance Program (“CAP”), supports education, arts initiatives, and military veteran organizations in local Southern California Company launched Jaxx Cannabis in 2019, sales increased by 34% in early 2020, hit record 63% gross margin in Q1-2020 From its humble beginnings in 2017 as a cannabis producer in San Diego, Prime Harvest,…

WednesdayJun 01, 2022 9:00 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Technology Consistently Enhancing the Oral Administration of Active Pharmaceutical Ingredients

A global innovator in drug delivery platforms, Lexaria has developed a patented technology, DehydraTECH(TM) Through research, Lexaria has evidenced that DehydraTECH enhances the efficiency and speed of orally- administered fat-soluble active pharmaceutical ingredients (“APIs”) Lexaria is consistently enhancing the delivery of APIs that affect current oral formulations: speed of onset, limited absorption, and low membrane permeability Lexaria has conducted numerous ground-breaking studies, some of which open up the possibility of fast-acting oral products that avoid the lung diseases and cancers caused by inhalation of combusted molecules common in smoking Oral formulations account for approximately 90% of the global share of…

WednesdayJun 01, 2022 4:20 am

420 with CNW — VA Declines Certifying a Veteran’s Hemp Because of Marijuana’s Federal Status

Last week, the Department of Veterans Affairs rejected an application made by a veteran requesting that his hemp product firm be recognized. In its denial letter, the department stated that the department could not endorse the business because it was involved in products derived from the same genus of the marijuana plant, which would give the impression that a federal agency was endorsing the plant. This rejection highlights the confusion around hemp’s legal status, which is defined as cannabis sativa L., and its derivatives, which contain less than 0.3% THC under U.S. law. Marijuana products with higher THC concentrations are…

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