NewsRoom Articles - Page 206 of 592

MondayDec 20, 2021 4:20 pm

420 with CNW — Marijuana Industry Expects to See Spike in Sales This Holiday Season

The holiday season is here, and while most industries will see a slight decline in profits, marijuana sales are expected to go up. Reports from Leaflink show that cannabis sales rose by more than 30% in the week leading up to Christmas last year, in comparison to the previous four weeks of 2020. Additionally, sales on Christmas Eve last year rose by 61%, in comparison to the previous four Thursdays. Leaflink, a unified marijuana platform, also reports that on the days leading up to Green Wednesday November, they saw an increase of more than 10% in sales. If sales from…

MondayDec 20, 2021 12:19 pm

RYAH Group Inc. (CSE: RYAH) Releases Medical Cannabis Report on Cancer and Adverse Cancer Treatment Effects

RYAH recently released report highlighting medical cannabis treatment for cancer and adverse effects of cancer treatment Data from 80,000 sessions logged between January 1, 2018 and November 15, 2021 tracked conditions including anxiety, cachexia, fatigue, pain, nausea, and stress 62% of patients reported a moderate experience using cannabis to treat cancer-related conditions RYAH supports cancer research and treatment with IoT product ecosystem comprised of volume-control devices, medicine-carrying components, mobile applications RYAH Group (CSE: RYAH), the leader in volume-control technology for plant-based medicine, recently released a medical cannabis report on cancer and the adverse effects of cancer treatment (https://cnw.fm/DNIbC). Data from…

MondayDec 20, 2021 4:20 am

420 with CNW — Florida Bipartisan Bill Seeks to Reform Medical Cannabis Program

State cannabis laws have always been tricky; in most cases, they arise from voter-approved initiatives, and their structures are usually determined by lawmakers who largely aren’t fans of cannabis. The result is a lot of push and pull between Republicans and Democrats while consumers sometimes have to contend with a wide variety of subpar, contaminated and even unsafe cannabis products. In Florida, both sides of the political spectrum are setting aside their differences to work on a major cannabis reform bill that would potentially fix an oversight left by the 2018 farm bill. The farm bill legalized the cultivation and…

FridayDec 17, 2021 4:20 pm

420 with CNW — ONDCP Director Open to Harm-Reduction Intervention to Manage Overdose Crisis

Top health officials in the Biden administration have been promoting harm reduction for a while now. Recently, the director of the Office of National Drug Control Policy, Rahul Gupta, stated that exploring every option to decrease deaths caused as a results of overdoses was crucial, noting that the options included allowing sites for the safe consumption of illicit substances if evidence supported their effectiveness. When asked about the launch of a pair of safe consumption sites in the state of New York late last month and whether he supported it, Gupta stated that he was interested in examining the data…

FridayDec 17, 2021 9:00 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM)-CBD Reduces Arterial Stiffness in Study HYPER-H21-2 Broadening Applications Beyond Hypertension

Cardiovascular diseases are the leading cause of death worldwide and arterial stiffness serves as a significant marker of related conditions, including hypertension (high blood pressure) The company’s studies earlier this year indicated the potential of DehydraTECH to improve CBD’s ability to reduce high blood pressure in a rapid and sustainable manner that exceeds the ability of a generic CBD formulation Arterial stiffness is a noted indicator of diseases such as heart, kidney and pancreas organ ailments that increase mortality with age, therefore the ability to reduce arterial stiffness may have implications for improving human wellness and longevity HYPER-H21-2 results evidence…

FridayDec 17, 2021 4:20 am

420 with CNW — Major Kombucha Company Ventures into Marijuana Space

The most popular Kombucha brand globally, GT’s Living Foods is venturing into a new market: the marijuana industry. The firm is launching a marijuana–infused brew known as Cannabliss in the state of California. GT’s Living Foods has operated as part of the health and wellness sector for more than 20 years. It currently holds roughly 47% of the category market share through continued innovation. The brand has been brewing healthy beverages for more than two decades, which makes its move to create its first marijuana-infused line a well-calculated one. The CEO and founder of the company, GT Dave, stated that…

ThursdayDec 16, 2021 4:20 pm

420 with CNW — How the Marijuana Industry Is Leveraging the CPG Technique

The state-legal cannabis industry has come quite a long way, all things considered. After decades of racially motivated prohibition and the proliferation of anti-cannabis propaganda, Americans in dozens of states can now legally access the controversial plant. Dozens of states now allow medical marijuana while nearly 20 states have passed recreational cannabis legislation, building a massively lucrative state-legal cannabis market and attracting plenty of new businesses. Coincidentally, a lot of the talent drawn to America’s nascent cannabis industry is from the consumer packaged goods (“CPG”) space, and these experienced professionals are applying techniques they learned to the young but lucrative…

ThursdayDec 16, 2021 11:46 am

Marijuana Company of America Inc. (MCOA) Achieving Growth Through Acquisitions and Strategic Partnerships

MCOA just posted its highest quarterly revenue yet in Q3 2021, attributed to the cDistro acquisition, which was completed towards the end of Q2 2021 MCOA looks forward to having another record-breaking quarter in Q4, 2021, primarily attributed to additional benefits of the cDistro acquisition, along with strategic partnerships with key players within the legal cannabis and industrial hemp sectors The company continues to forge these partnerships to diversify its product and services line and provide consistent value to its shareholders Marijuana Company of America (OTC: MCOA) released financial results for the three months ended September 30, 2021 (“Q3 2021”),…

ThursdayDec 16, 2021 10:51 am

Flora Growth Corp. (NASDAQ: FLGC) Subsidiary Introduces New Dry Herb Consumer Products; Issues 2022 Revenue Guidance of $35-45 Million

Flora Growth’s subsidiary, Vessel Brand, recently introduced new products for dry herb consumption and anticipates releasing additional products in 2022 FLGC acquired Vessel in a transaction that closed in November Founded in 2018, Vessel is an industry leader in the cannabis consumer technology and accessories space Flora Growth also announced a 2022 revenue guidance of $35-45 million CEO Luis Merchan held a webinar on December 14 in which he highlighted the company’s 2021 operational performance, commented on the revenue guidance, and fielded questions Flora Growth (NASDAQ: FLGC), an internationally focused company committed to delivering the most compelling customer experiences in…

ThursdayDec 16, 2021 4:20 am

420 with CNW — Patients, Doctors Now Discussing Medical Marijuana

Cannabis has always been a controversial topic. Even as dozens of states passed medical cannabis regulations and more studies found that the plant had plenty of medical potential, the stigma around cannabis remained. Not only did this prevent important conversations surrounding topics such as the disproportionate effects of cannabis prohibition from happening early enough, but it also kept patients from talking about cannabis with their doctors, even if they stood to benefit a great deal from marijuana-based treatment. However, results from a new survey indicate that this may be changing. Healthcare company Cannaceutica conducted a survey of 445 healthcare providers…