NewsRoom Articles - Page 192 of 600

TuesdayApr 05, 2022 4:20 pm

420 with CNW — Firm Selected by DEA to Cultivate Research-Grade Marijuana Seeks NASDAQ Listing

A Fort Lauderdale, Florida-based company that has been tapped by the U.S. Drug Enforcement Administration (DEA) to cultivate cannabis for scientific research could soon make history by becoming the first American cannabis company to trade its shares on Nasdaq. Bright Green Corp. recently filed paperwork with the U.S. Securities and Exchange Commission to trade its shares under the moniker BGXX on the Nasdaq market. The Florida company noted in its SEC filing that the DEA had granted it “conditional approval” to produce cannabis for research purposes. Once the cannabis company receives regulatory approval, investment advisor EF Hutton will calculate its…

TuesdayApr 05, 2022 4:20 am

420 with CNW — Gamers Could See Cognitive Performance Boost from CBD

Competitive gamers usually undergo random drug screening for performance-enhancing drugs in various leagues, including the Electronic Sports League. CBD and THC are both compounds found in cannabis. While both compounds possess a number of beneficial properties, THC induces a high when consumed. THC (tetrahydrocannabinol) is one of the compounds that the league screens for. This compound may worsen mechanics that are necessary for gaming, including basic motor coordination for tasks such as organizing, making decisions and solving problems. Many believe that it is CBD (cannabidiol), instead, which should be screened for given the compound’s potential to enhance cognitive performance. Preliminary…

MondayApr 04, 2022 4:20 pm

420 with CNW — Biotech Firm Identifies Possible Pathways Explaining How Cannabis Could Help Kids With Autism

Decades after the United States outlawed cannabis and carried out a drug war that had devastating effects on Black and Brown communities, the controversial plant is gaining popularity as an alternative medicine. Although prohibition has significantly hindered cannabis research, studies show that cannabis can be effective against some medical conditions including chronic pain and post-traumatic stress disorder (PTSD). An early-stage biotech startup called Cannaformatics has recently published research in the “Cannabis and Cannabinoid Research” journal, showing how cannabis can interact with pathways in the brain to reduce autism in kids. Titled “The Potential of Salivary Lipid-Based Cannabis-Responsive Biomarkers to Evaluate…

MondayApr 04, 2022 9:30 am

American Cannabis Partners Helps Michigan Achieve Record Cannabis Sales

Michigan continues to break sales records in the cannabis sector ACP currently operates in Michigan and California and is exploring strategies for expanding operations to two more states The company is focused on three business segments: real estate, acquisition and development of proprietary assets, and ongoing cultivation operations Cannabis sales numbers for December 2021 are in, and Michigan has broken another record (https://cnw.fm/rKoPX). This is the kind of news that cannabis operators in the state, including American Cannabis Partners (“ACP”), love to hear. “Michigan closed out 2021 with another record-breaking month of adult-use marijuana sales in December, state officials say,”…

MondayApr 04, 2022 9:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), Building a House of Brands, Is Creating World-Class Standards for Environmental Impact, Social Justice, and Corporate Governance, to Navigate Increasing Commoditization in its Market Segment

Red White & Bloom, a multi-state operator in cannabis and hemp-derived product lines, has built a platform to strengthen its brands, enabling it to wade through the difficulties of increasing product commoditization The company expects to showcase the results of the buildout process in the coming months RWB is also committed to fostering public and local input, equitable leadership opportunities, and removing systemic structures that marginalize segments of society A Boston Consulting Group (“BCG”) article entitled “Escaping the Doghouse: Winning in Commoditized Markets” notes that a company needs a clear roadmap that shows how it can reorganize itself for the…

MondayApr 04, 2022 4:20 am

420 with CNW — IRS Increases Audits of Cannabis Businesses After Lull Caused by Pandemic

The IRS has increased its audits of cannabis businesses after a long hiatus brought on by the coronavirus pandemic. Tax experts in the marijuana industry expect a new wave of audits to be conducted that target cannabis companies and their 2019 returns to be conducted, which may result in additional tax bills for these companies. Rachel Gillette, a tax attorney in Denver, states that the pandemic caused the IRS to slow down but now with things picking back up, the federal tax agency is running more audits in different parts of the country, particularly in places where marijuana is legal.…

FridayApr 01, 2022 4:20 pm

420 with CNW — Is It Worthwhile to Vacuum Seal Cannabis?

Anyone who uses or has used cannabis in the past has probably heard that storing cannabis flower in an airtight container keeps it fresh and preserves its quality. While some users may not understand the logic behind this advice, there’s a solid scientific reason why vacuum sealing cannabis is essential. Once a cannabis plant matures, continued exposure to the elements causes it to degrade. That’s why marijuana cultivators have to harvest their crop at just the right time; any later and the plants will start to lose their potency. Once the plants have been harvested and processed, the same level…

FridayApr 01, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Technology Continues to Showcase Ability to Improve Effectiveness of Existing Drug Brands

Health and wellness drug product innovator Lexaria Bioscience has developed a patented technology — DehydraTECH (TM) — which enhances the bioavailability of fat-soluble drugs and molecules Lexaria continues to research DehydraTECH’s ability to improve the speed and bioavailability of cannabidiol (“CBD”) in treating high blood pressure and epileptic conditions The company continues its research demonstrating the ability of its technology -to enhance the performance of antiviral drugs and other active pharmaceutical ingredients Sublicensing DehydraTECH continues to create revenues for the company Lexaria has additionally pursued the use of its drug-enhancing technology, in partnership with sublicensees, for making adult-use recreational cannabis…

FridayApr 01, 2022 4:20 am

420 with CNW — U.S. Senators Unanimously Approve Cannabis Research Legislation

Last week, the Senate approved a cannabis measure that would promote research into cannabis. The unanimously approved legislation, titled the Cannabidiol and Marijuana Research Expansion Act, was sponsored by Senators Chuck Grassley, Brian Schatz and Dianne Feinstein. The bill’s approval will allow the process of application for scientists who want to study the plant to be streamlined. Under the measure, the U.S. attorney general would be afforded a 60-day deadline to either approve an application or request more information from the applicant. This is in addition to creating an expedited pathway for researchers who would like to request access to…

ThursdayMar 31, 2022 4:20 pm

420 with CNW — How Marijuana Growers Can Reduce Their Eco Impact by Using Living Soil

Contrary to what many may think, growing cannabis isn’t as easy as throwing seeds into a hole and watering them every few days. It’s an intensive process that requires plenty of dedication to detail throughout every stage to ensure the plants come up healthy and in plenty. In addition, marijuana cultivation isn’t always easy on the environment. A single cannabis plant can drink up to a gallon of water per day and requires 16 essential nutrients to grow healthy and strong. Studies have found that without proper regulations and growing practices in place, marijuana grows can contribute to ecological issues,…