NewsRoom Articles - Page 176 of 601

WednesdayJun 22, 2022 10:30 am

Sugarmade Inc. (SGMD) Shareholder Letter Outlines Short-Term, Long-Term Plans for Growth, Strong Margins

CEO notes that company will be well-positioned moving forward, “especially as our large Lemon Glow property comes online.” Short term, Sugarmade is embarking on a bold, new strategy to enter into contract arrangements with local Lake County, California, cultivators. SGMD is already in negotiations with local permitted and licensed operators that are agreeable to partnership arrangements for cannabis cultivation. The evolving California cannabis market is creating promising long-term and short-term opportunities for Sugarmade (OTC: SGMD) — and its shareholders. That is the message in a shareholder letter from CEO Jimmy Chan that was sent to all SGMD shareholders (https://cnw.fm/GEbF7). “While…

WednesdayJun 22, 2022 9:35 am

America’s Leading Cannabis Women to Address Cannabis Drinks Expo

Illinois Women in Cannabis (IWC) will again partner with Cannabis Drinks Expo to host a critical session on developing female-led cannabis beverage brands. IWC has assembled an all-woman panel of cannabis-industry executives to discuss women consumers of cannabis-infused beverages and drinks, and the implication of portability, palatability and sociability on product development, branding and marketing. The panel will be moderated by Amor Montes De Oca, executive director of Illinois Women in Cannabis, and features: Meagen Anderson, director of wholesale, Highway Horticulture, a Midwest vertically integrated cannabis production facility and wholesaler. Lisa Hurwitz, president of Happi, Michigan's first THC-infused beverage. Wendy…

WednesdayJun 22, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Closes the First Half of 2022 with UK Product Launch, Successful Brand Acquisition, and a Collaboration with Ricky Williams’ Cannabis Brand, Highsman

Flora’s collaboration with Highsman seeks to elevate both Highsman and Vessel, Flora’s accessories brand, thereby inspiring greatness and creating an experience worth sharing The company’s acquisition of Masaya allows it to deliver on its promise to invest in safe, thorough, and cutting-edge cannabis research Flora’s product launch on Amazon.co.uk marks a big step in operations expansion in Europe The first half of 2022 has been successful for Flora Growth (NASDAQ: FLGC). At the beginning of the year, the company’s management noted how the cannabis sector was ripe for the picking. They noted how great brands and cost advantages are optimal…

WednesdayJun 22, 2022 4:20 am

420 with CNW — Can Marijuana Shield Brain Against Alzheimer’s Disease

With more and more states choosing to legalize cannabis, there has been a significant surge in marijuana research. Several studies have found that cannabis can be effective at alleviating conditions such as inflammation, anxiety disorders and drug addiction. Specifically, marijuana’s possible mental health benefits have drawn in plenty of eager scientists. Most of this research has involved delta-9 tetrahydrocannabinol (THC), the main psychoactive component in cannabis, and cannabidiol (CBD), a cannabinoid that’s thought to have plenty of medical potential. However, some researchers have been curious whether lesser-known cannabinoids such as cannabinol can have similar health benefits. Early studies have shown…

TuesdayJun 21, 2022 4:20 pm

420 with CNW — Germany Officially Launches Effort to Legalize Cannabis

Several territories around the world are starting to revise their prohibitionist cannabis policies and are considering legalizing it for either medical and/or recreational use. It’s no surprise as marijuana has been found to have a plethora of medical applications and has generated billions of dollars in taxes so far in a number of countries. In Europe, German legislators have officially launched efforts to legalize cannabis countrywide and will be holding a series of hearings to help create legislation that can finally end cannabis prohibition in the country. News of cannabis legalization legislation in the country first came late last year…

TuesdayJun 21, 2022 9:45 am

Expanding Array of API Enhancements Through Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Patented Drug Technology Bodes Well for New Patient Solutions

Drug bioavailability enhancement technology developer Lexaria Bioscience is working to increase the number of potential new solutions to unmet medical needs and improving existing treatments for other chronic conditions Lexaria’s patented DehydraTECH solution transforms a wide variety of orally and topically administered products into enhanced solutions that make the active pharmaceutical ingredients (“APIs”) more rapidly available and effective at lower doses DehydraTECH-enhanced products have also demonstrated the ability to cross the blood-brain barrier through fatty acid transport proteins The company’s ongoing series of tests of different DehydraTECH-enhanced products has led to a pre-IND filing with the FDA for a prospective…

TuesdayJun 21, 2022 4:20 am

420 with CNW — Climate Change Could Influence How, Where Marijuana Is Grown

Marijuana is rarely on the table whenever discussions of climate change are underway. However, as the world grapples with the effects of decades of greenhouse emissions and runaway climate change, cannabis growers will find that they have to adapt. It is essentially the same issue that has disrupted agricultural-based industries such as wine: shifting weather patterns coupled with climate change are making regions that have previously the perfect conditions for cultivating inhospitable. In the next couple of years, marijuana growers in the country may have to change where and how they grow cannabis if they wish to remain competitive. This…

MondayJun 20, 2022 9:35 am

2022 Cannabis Drinks Expo: Skyrocketing Category Includes Hemp-Based Sports Drinks to Cannabis-Infused Cocktails

Explore booming cannabis drinks brands at the 3rd Annual Cannabis Drinks Expo on July 28 in San Francisco and on August 2 in Chicago Cannabis Drinks Expo, a super hit b2b trade show, returns in July, providing the cannabis and drinks industry a unique platform to expand business, explore the category and source amazing brands. The theme for the 2022 show is “Growing the Category.” The 2022 Cannabis Drinks Expo will help attendees learn about this burgeoning category and develop new products while offering existing brands networking opportunities with state manufacturers for national expansion. Retailers and distributors will find assistance…

FridayJun 17, 2022 4:20 pm

420 with CNW — Report Says Marijuana Banking, Criminal Expungement Could Be Federally Approved This Year

A new report has revealed that legislators may pass federal cannabis banking reform this year as long as it is combined with existing cannabis expungement legislation. Due to federal prohibition, businesses in the cannabis sector have been unable to access banking and loan services, forcing them to operate on a cash-only basis and limiting their growth opportunity. The lack of cashless payments has been a particularly touchy issue as it makes it difficult for marijuana businesses to track their finances and keep up with their taxes; it also makes them prime targets for burglaries and robberies. Politico reported that Senate…

FridayJun 17, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Achieves Key Milestone in Global Expansion Plan with JustCBD Launch on Amazon UK

Flora Growth completed the acquisition of Just Brands LLC and High Roller Private Label LLC, owners of the JustCBD brand, on February 28, 2022 The company then expanded its operational footprint in Europe and the UK in May 2022 to further its international growth strategy JustCBD products, including gummies and tinctures, will be available on www.Amazon.co.uk starting this month in a pilot-only program Flora Growth is optimistic that this launch will allow the company to reach a larger consumer base as it works towards further expanding its operations across Europe On February 28, 2022, Flora Growth (NASDAQ: FLGC) completed the…