NewsRoom Articles - Page 175 of 592

ThursdayMay 12, 2022 4:20 pm

420 with CNW — California Cannabis Firms Sell Assets, Narrow Focus

When the recreational marijuana industry was launched in California, the trend was for every company to be vertically integrated. This meant that everything was handled in-house from cultivation and manufacturing to packing, retail sales and distribution. As the industry has matured, the shortcomings of vertical integration have become all too apparent, and companies are divesting themselves of many divisions and operations in order to focus on their key competencies. NorCal Cannabis is one example of a marijuana company that has taken the route of shedding excess weight from its operations. In the beginning, NorCal went the vertical integration route, operating…

ThursdayMay 12, 2022 11:45 am

O’Cannabiz International Conference, Expo, Retail Summit, and Awards Gala, for Cannabis Industry Professionals

The O’Cannabiz International Conference & Expo is a three-day event that will be held primarily at the International Center on Airport Road in Hall #5. During the O’Cannabiz International Conference & Expo, attendees will have the opportunity to participate in various activities, including a two-day Retail Summit and the privately ticketed Awards Gala to be held at Casa Loma and hosted by Family Feud Canada host Gerry Dee on June 1. O’Cannabiz is currently consisting of over 70 sessions with 200 speakers for 5,000 attendees being facilitated in a 100,000 square foot expo hall – with hundreds of industry networking…

ThursdayMay 12, 2022 4:20 am

420 with CNW — Schumer Has Talked to Six GOP Senators About Bill

While speaking at a marijuana parade and rally in New York City last Saturday, Senate Majority Leader Chuck Schumer revealed that he had so far talked to half a dozen Republican senators about his upcoming federal legalization bill for marijuana. The annual NYC Cannabis Parade and Rally attracted notable attendees such as Jerrold Nadler, the chair of the Judiciary Committee in the U.S. House of Representatives. Nadler’s bill seeking to end cannabis prohibition federally was approved by the full House in April. During his speech at the rally in his home state, Schumer reassured event attendees that he was committed…

WednesdayMay 11, 2022 4:20 pm

420 with CNW — Illinois Cannabis Sales Resume Upward Trajectory

The recreational marijuana market in Illinois seems to be getting over the dip it experienced at the beginning of the year, state records show. According to figures released by the Department of Financial and Professional Regulation (IDFPR), a total of $132 million was registered from the adult-use cannabis sales made during the month of April. After enjoying strong sales toward the end of last year, there was an unexplained slump in the sales reported during January and February this year. However, the records for March and April indicate that the slump may be a thing of the past and the…

WednesdayMay 11, 2022 12:00 pm

Alternative Products Expo At Medellin, Colombia, To Promote The Local Business Community

Alternative Products Expo is coming to Medellín, Colombia, on May 21-22nd 2022. A leading organizer in the alternative industry, they’re committed to serving the community and strive to provide an exciting learning experience in a safe and conducive environment. For one, exhibitors can showcase their products, expand their market reach, and get discovered by investors and industry professionals. Sponsored by JuicyFields.io, this event is expecting 100+ vendors and 1000+ products, including other sponsoring brands such as LightFire & EZ Delta 8 Wholesale. A one-of-a-kind networking event, at Alt Pro Expo, buyers and investors seeking profitable avenues can discover some of…

WednesdayMay 11, 2022 9:00 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Technology Influencing the Pharmaceutical Industry

Lexaria began its human clinical study on oral nicotine alternatives, evaluating the effectiveness of its DehydraTECH-nicotine pouch performance Earlier in the year, the company also announced the commencement of its HYPER-H21-4 human clinical study on the effectiveness of DehydraTECH-processed CBD for hypertension treatment Lexaria has also made some significant progress in the use of its technology for the enhanced delivery of antiviral drugs It hopes that before the end of 2022, it will have built sufficient data to effect meaningful industry progress and sustainable increases in valuation Lexaria Bioscience (NASDAQ: LEXX), since its inception, has been pushing the boundaries of…

WednesdayMay 11, 2022 4:20 am

420 with CNW — Momentum Builds to Pass Marijuana Banking Bill in Senate

The number of Democratic and Republican senators showing their support for including marijuana banking in the COMPETES Act is growing, and this suggests that not all is lost in regards to enacting a marijuana policy reform this year. It should be noted that the marijuana banking bill was left out of the Senate version of the Innovation & Competitiveness Bill approved by the Senate, but it was included in the version passed by the House of Representatives. A bicameral conference has been established to work on the language of the final text, which will be forwarded to the desk of…

TuesdayMay 10, 2022 4:20 pm

420 with CNW — GOP Congressman Wants Committee Hearing on FDA’s Failure to Enact CBD Rules

The top-ranking Republican on a crucial House committee has written a letter to the committee chair requesting that a hearing be scheduled so that the U.S. Food and Drug Administration (FDA) can explain why it hasn’t established regulations for CBD products as well as the Delta-8 THC products that are currently abundant on the market. Representative James Comer from Kentucky wants the Oversight and Reform Committee of the House to analyze why the FDA has failed to exercise its oversight/regulatory function over the different products made from hemp, particularly CBD products. The GOP lawmaker adds that as a result of…

TuesdayMay 10, 2022 12:45 pm

O’Cannabiz Conference Expo & Awards to Feature a Broad Spectrum of Cannabis Products and Services

ND Supplies presents the 3-day O’Cannabiz Conference Expo & Awards, June 1-3, 2022, at the Toronto International Centre this year. Voted the No. 1 Cannabis Event in Canada by High Canada Magazine, the O’Cannabiz International Conference returns as an in-person event, after being canceled last year. The event organizers are thankful to the partners, sponsors, and exhibitors for their patience and co-operation. The event is being touted as the most sort after cannabis conference in North America featuring Cannabis trade shows, retail summits, awards functions along with global-level networking opportunities among the veterans and dignitaries of the cannabis spectrum in Canada.…

TuesdayMay 10, 2022 4:20 am

420 with CNW — UNM Study Suggests Cannabis Can Combat Fatigue

According to a data analysis conducted by a team of researchers at the University of New Mexico, cannabis flower can do a much better job of boosting your energy levels than other common substances such as energy drinks or coffee. Those substances are traditionally used to get a lift when energy levels are down. The team looked at the real-time data availed by medical marijuana users who have the Releaf app, an application through which cannabis users can track the marijuana products that they use and the effects that those products trigger. This study is important because many health conditions…