NewsRoom Articles - Page 213 of 603

MondayJan 10, 2022 4:20 am

420 with CNW — Canadian Cannabis Executives Share Their Industry Policy Reform Wishlists for 2022

Last year was a mixed bag of a year for Canadian marijuana investors. Speculation about the future of the sector fluctuated wildly as talks about federal legalization heated up in the United States and recreational cannabis prices reached historic lows. Additionally, players in the Canadian cannabis space are waiting with bated breath for the three-year review of the country’s cannabis legislation by federal lawmakers. The review began in December 2021, and the health minister will present the department’s findings and recommendations in 2023. In the interim, industry leaders have a few policy changes in mind that they would like to…

FridayJan 07, 2022 4:20 pm

420 with CNW — Study Explores Why Individuals Use Marijuana During Pregnancy or While Lactating

A new study has found that people who use marijuana during lactation or pregnancy use it to manage pre-existing conditions such as insomnia and mental health conditions, as well as pregnancy-related symptoms, including nausea and vomiting. Dr. Meredith Vanstone, one of the authors of the study, stated that their findings didn’t resonate as much with evidence on motives for marijuana use that have been identified in nonpregnant populations, which proposed that reasons for the herb’s use during lactation and pregnancy were unique. Vanstone explained that the reasons for the herb’s use that had been provided by the study’s participants closely…

FridayJan 07, 2022 9:30 am

Flora Growth Corp. (NASDAQ: FLGC), a 2021 Year Review

2021 marked the year when Flora Growth held its IPO - the company’s common shares commenced trading on the Nasdaq Capital Market in May under the ticker symbol “FLGC" It also marked the year when the company ventured into the European market, as well as other key regions such as Mexico Significant acquisitions for the 2021 calendar year included Koch & Gsell, Vessel Brand Inc., and GMP-Certified Laboratory Flora Growth also made notable appointments to its executive leadership as well as its board of directors Flora Growth (NASDAQ: FLGC) had an impressive year in 2021, highlighted by the company’s Initial…

FridayJan 07, 2022 9:00 am

Sugarmade Inc. (SGMD) Subsidiary Obtains Permit, Takes Key Step Toward Commercialization

SGMD’s Lemon Glow receives conditional use permit number from county Sugarmade’s seed-to-door vision separates the company from other players in the California cannabis marketplace Estimated for Lemon Glow property could reach as much as 64 tons of dry trimmed cannabis flower annually Sugarmade (OTC: SGMD) is making significant progress toward its end goal of becoming a central play in the growing California cannabis space. The company announced that its wholly owned subsidiary, Lemon Glow Company, has received a conditional use permit (“UP”) number from the Community Development Department of the County of Lake, California (https://cnw.fm/Weujn). The permit, noted Sugarmade, is an…

FridayJan 07, 2022 4:20 am

420 with CNW — Federal Agency Announces Funding for Research into Drug-Harm-Reduction Approaches

The National Institutes of Health is promoting research into the effectiveness of various harm-reduction strategies, which include safe consumption facilities and drug decriminalization, as part of its effort to fight the opioid epidemic. The federal health agency released requests for applications last week for an effort that will generate funding for studies on how safe consumption sites and other harm-reduction strategies can be used to address the overdose crises. The agency seeks to launch a Harm Reduction Network that will grow the understanding of the implementation, impact and effectiveness of new and existing harm-reduction strategies in order to address substance…

ThursdayJan 06, 2022 4:20 pm

420 with CNW — A Recap of Top Cannabis Stories of 2021

Another year has drawn to a close. For many, 2021 was a mixed bag of a year — we were still grappling with the effects of the coronavirus pandemic, but the global supply chain and economy was starting to show signs of recovery. The year brought a variety of wins to America’s cannabis industry, even though some events may not have seemed like wins at the time. For instance, the controversial suspension of American sprinter Sha'Carri Richardson due to a positive THC test sparked an intense review of cannabis policy. Here is an overview of what happened to cannabis in…

ThursdayJan 06, 2022 9:30 am

Cannabis Strategic Ventures Inc. (NUGS) Strengthens Foothold as Mounting Numbers Support Cannabis Legalization

An estimated 91% of U.S. adults (91%) say either that marijuana should be legal for medical and recreational use or that it should be legal for medical use only While cannabis remains an illegal substance federally, a growing number of states have legalized the substance An emerging leader in the U.S. cannabis marketplace, NUGS’ vision is to acquire, scale assets in the legal cannabis market A vast majority of adults in the United States say that marijuana should be legal for either medical and recreational use or at least for medical use, according to a recent Pew Research Center report (https://cnw.fm/vsuui). Companies such…

ThursdayJan 06, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Increases Investor Visibility with SRAX Inc. (NASDAQ: SRAX)

The strategic move to incorporate SRAX is designed to bring investor visibility for all of the upcoming events that Lexaria has planned for 2022 Lexaria’s patented DehydraTECH(TM) technology is poised to leverage multiple industries – notably the CBD industry, with a projected value of $108.8 billion by 2027 The advertising and media contract will allow SRAX to engage and manage social media companies for the creation and distribution of advertising materials promoting Lexaria Bioscience Lexaria Bioscience (NASDAQ: LEXX), an innovator of drug delivery platforms, announced that it will kick off 2022 with an advertising and media agreement with SRAX (NASDAQ:…

ThursdayJan 06, 2022 4:20 am

420 with CNW — Germany’s Marijuana Industry Soars as Country Prepares to Legalize Recreational Use

Last month, Germany’s new coalition government revealed that it planned to legalize marijuana for recreational use. This announcement has catapulted the country’s budding marijuana industry to new highs, with companies involved in the market now focusing on growing. CEO Synbiotic is one of the companies that would like to establish a chain of dispensaries which would offer a full array of cannabis-related products — everything from edible gummies and flower to tinctures. The company is a major player in the country’s nascent cannabinoid sector, investing in everything from researchers to cultivators and distributors. Many believe that legalization would be a…

WednesdayJan 05, 2022 4:20 pm

420 with CNW — Cannabis Group Publishes Guide for Marijuana Dispensaries at Risk of Robberies

Businesses in the cannabis space have always faced the risk of burglaries and robberies. For starters, they sell a product that is in extremely high demand both on the legal and black markets. Secondly, marijuana’s classification as a Schedule I controlled drug has made it difficult for cannabis businesses to access banking services because most banks refuse to serve cannabis businesses. This forces them to transact on a cash-only basis, meaning cannabis businesses tend to have large amounts of cash on-site. Consequently, marijuana businesses present an attractive target to criminals looking to make a quick buck. Over the last couple…

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