TuesdayMay 03, 2022 9:30 am

Prime Harvest Inc. Is ‘One to Watch’

Prime Harvest is leveraging a long-term strategy of investing in the growth and scale of licensed assets in California, anchored by the power of data-driven technology Its flagship brand, Jaxx Cannabis, aims to use technology to facilitate a true customer-centric culture while enhancing the overall craft cannabis experience The company is committed to the goal of creating a more sustainable environment, now and in the future Prime Harvest is a proud member of the Community Alliance Program, a foundation that seeks to make a difference in local communities The company’s leadership team boasts over 100 years of combined hands-on experience…

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TuesdayMay 03, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Provides Update on its Patented DehydraTECH(TM) Technology, Including the Approval of New Patent

Lexaria received its 25th patent – and the first patent for the use of DehydraTECH technology in the enhanced delivery of antiviral drugs The company is seeking IND approval from the FDA and has commenced its human HYPER-H21-4 study for hypertension with DehydraTECH-CBD, with results expected in Q3 2022 Lexaria is also commencing its human oral nicotine study, NIC-H22-1 to compare Lexaria's DehydraTECH-nicotine pouch performance to that of existing leading brands currently sold in the US such as ON! and Zyn Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, has announced some positive news that further promotes…

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TuesdayMay 03, 2022 4:20 am

420 with CNW — Top Four American Cities for Marijuana Lovers in 2022

The rise of telecommuting has created opportunities to live anywhere people fancy, and many have taken on the nomadic lifestyle thanks to virtual work. Whether you would like to move to start a new job or just want to go to another place and start over after the pandemic, here are some cities that you can consider moving to if you would like a place to call home that welcomes marijuana lovers. Ann Arbor, Michigan If you are tired of the hustle and bustle of major metropolitan cities such as New York City and you would like a vibrant smaller…

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MondayMay 02, 2022 4:20 pm

420 with CNW — New App Can Reveal Potential Interactions Between Medications, Cannabinoids

A newly developed application can enable pharmacists as well as other medical professionals to enhance patient safety. This can be achieved by using the app to predict how cannabinoids, such as those found in medical cannabis, may interact with any other medications that a patient is taking. Researchers at Penn State University developed the app, called CANNabinoid Drug Interaction Review (CANN-DIR). The app works by evaluating how various cannabinoids, including THC and CBD, found in different over-the-counter or prescription medical cannabis products interact with the other medicines that a patient is taking. The app has a database containing the common…

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MondayMay 02, 2022 9:30 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Strengthens Financial Profile with Debt Reduction, Adjustments to Revenue Strategy

Red White & Bloom Brands is a multi-state cannabis operator based in Canada and focused on developing revenue opportunities in strong U.S. cannabis markets such as Michigan, Florida and California The company recently announced it has eliminated $115 million in debt liabilities as part of its efforts to streamline its financial operations during a period when many companies are struggling with the effects of the COVID pandemic Red White & Bloom’s debt reduction includes cutting over $22 million in annual expenses The company has solidified its foothold in Michigan with acquisitions that have allowed it to become vertically integrated and…

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MondayMay 02, 2022 4:20 am

420 with CNW — New Jersey AG’s Memo Sparks Controversy Regarding Off-Duty Use of Marijuana by Police

The state of New Jersey recently launched its adult-use recreational marijuana market. While adult residents and visitors were thrilled to finally be able to buy cannabis legally, a memo written by the attorney general of the state regarding off-duty police officers’ use of marijuana sparked controversy. In the memo, Mathew Platkin clarified that according to the existing marijuana laws in New Jersey, police officers shouldn’t be penalized in any way if they use cannabis during their off-duty hours. There was immediate pushback from different quarters once this memo went public. For example, the Democratic speaker of the state assembly, Craig…

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FridayApr 29, 2022 4:20 pm

420 with CNW — New Report Projects Annual Tax Earnings of $375M If Ohio Legalizes Marijuana

According to research coming out of Ohio State University, Ohio stands to earn about $375 million tax revenue each year if the state legalizes recreational marijuana. This study, whose findings were published in time for the unofficial 4/20 marijuana holiday, relied on estimates of possible taxes to be levied if the legalization proposal is adopted as-is. The team of researchers looked at the estimated population growth rate and annual tax revenue from half a dozen states with adult-use cannabis markets. The states looked at included Nevada, Michigan, Illinois, Colorado, Washington and Oregon. The team also analyzed the proposed taxes included…

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FridayApr 29, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands its Patent Portfolio With New Patent for Antiviral Drug Delivery with DehydraTECH

Lexaria just received another patent for DehydraTECH(TM): this time for the enhanced delivery of antiviral drugs This becomes the company’s 25th patent granted worldwide and the 10th granted in the U.S. It adds to the company’s growing patent portfolio, which also consists of ~50 pending patents worldwide Over the 2022 calendar year, the company seeks to also pursue regulatory and commercial advancement In 2016, Lexaria Bioscience (NASDAQ: LEXX) received its first United States patent grant and over the years, the company has been aggressive at broadening its patent suite, a move which it has attributed to refining the patent claims…

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FridayApr 29, 2022 9:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Extends Michigan Expansion with Debut of Platinum Vape Live Resin; Announces Plans to Release Full-Year 2021 Results on May 2

Red White & Bloom and its wholly owned subsidiary RWB Michigan LLC recently announced the rollout of Platinum Vape(TM) Live Resin in Michigan The debut marks the company’s entry into the live resin in Michigan, which yield higher margins than the company’s existing distillate vape products RWB expects to release its full-year 2021 results on May 2, with the management hosting a conference call on May 3 Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator on a mission to become the most recognizable cannabis company in the United States, is celebrating the fulfillment of its…

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FridayApr 29, 2022 4:20 am

420 with CNW — Bipartisan State AGs Send Letter to Senate Leaders Demanding Cannabis Banking Law

A bipartisan pair of attorneys general from Ohio and Colorado recently penned a letter to the leaders of the U.S. Senate urging the chamber to quickly pass a bill protecting financial institutions that accept marijuana businesses as clients in states that have regulated marijuana markets. This letter from Ohio AG Dave Yost and Colorado AG Philip Weiser is the latest in a series of communications imploring legislators to expeditiously pass the SAFE Banking Act, which seems to be caught in a vicious cycle of being passed by the House of Representatives and then stalling in the Senate. The two attorneys…

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