NewsRoom Articles - Page 213 of 609

MondayFeb 07, 2022 4:20 pm

420 with CNW — Cannabis Degrees Becoming Popular as More Universities Offer Them

Huge numbers of students in the United States are considering studying marijuana-related programs in major universities, especially with the numerous job openings in the cannabis industry. Estimates show that the marijuana industry will support more than 400,000 jobs this year, based on the current rates of growth. Recent reports also show that by 2029, cannabis jobs will have increased by at least 160%. This isn’t a surprise as the marijuana industry is a burgeoning industry, having grown by 47% since 2019. The industry is also the economic driver in some emerging markets globally, with total yearly sales for 2020 hitting…

MondayFeb 07, 2022 1:17 pm

American Cannabis Partners Strengthening Position in Growing Cannabis Space

Legal cannabis market forecast to grow 20–30% per year to $50 billion by 2026 “Cannabis industry in America is flourishing,” reports CNN Business ACP positioning itself in four sectors of the cannabis space: real estate, cultivation, medical research and nonprofit groups The future of cannabis is looking promising, according to several recent reports, and companies such as American Cannabis Partners (“ACP”) are positioning themselves to benefit from the projected growth. “Various states across the country are resurfacing from the cloud of COVID-19, and as some like New York seek new high-growth industries to have a hand in, cannabis has been a…

MondayFeb 07, 2022 12:25 pm

Flora Growth Corp. (NASDAQ: FLGC) Closes January’s Series of Hires, Appointing Joël Reyes as SVP of Global Operations

Joël Reyes’ appointment marks the third appointment in the first month of the 2022 calendar year Mr. Reyes will be responsible for implementing operational excellence across the entire organization, starting with its Columbian activities His appointment comes just in time, following the implementation of the new Colombian law allowing for the export of up to 7,900 kilograms of high-THC cannabis dried flower Flora Growth (NASDAQ: FLGC) embarked on an aggressive hiring campaign to kick off the 2022 calendar year, starting with the appointment of Derek Pedro as an advisor to its Cosechemos cultivation facility (https://cnw.fm/HRIoW). This was then followed by…

MondayFeb 07, 2022 4:20 am

420 with CNW — Top Financial Regulator Says Marijuana Sector Has Bright Future

In an interview with PBC conference, Rodney Hood, a financial regulator and board member National Credit Union Administration (“NCUA”), said that the marijuana sector has a bright future once it is fully legalized and infrastructure is set in place. During the interview, Hood suggested ways to deal with federal regulations that have seen banking institutions backing out on working with marijuana businesses. Despite more states legalizing marijuana for recreational and medical use, the industry has not received backing from the financial services sector. This reluctance is due to the influence of federal prohibition on the sector. Aside from that, rural…

FridayFeb 04, 2022 4:20 pm

420 with CNW — USDA Partners with Cornell University to Conduct Hemp Webinars

The USDA announced last week that it would be teaming up with Cornell University to hold a webinar series that promoted hemp education. According to a press release, the series will feature experts in hemp production, research and academia as well as the private industry. The first episode, which was held last week, focused on outdoor growing of hemp. The next episode will look into the indoor cultivation of hemp. Other topics to be discussed over the next couple of months include the economics of hemp production, the endocannabinoid system, genetics, food sciences, hemp extraction and hemp processing. Zachary Stansell,…

FridayFeb 04, 2022 10:19 am

BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Journey: From Runners’ Knee to Canada’s 101 Top F&B Start-up List

BevCanna Enterprises Inc is a diversified health & wellness beverage and natural products companies which deals in the manufacture and distribution of both, in-house brands, and white-label clients The company currently boasts over 3,000 points of distribution and online through which it retails the company’s market-leading TRACE brand, its Pure Therapy natural health products as well as its various, cannabis infused beverages. BevCanna’s strong execution recently saw it report 3Q2021 revenues of $1.1 million, representing a rise of over 1,000% relative to a year ago BevCanna Enterprises separately announced that it has been named as one of the 101 Top Food…

FridayFeb 04, 2022 4:25 am

420 with CNW — Congressman Wants to Add Cannabis Banking Language to America COMPETES Act

The sponsor of the SAFE Banking Act, Rep. Ed Perlmutter, recently stated that he’s planning to attach an amendment to the proposal for a broader measure that deals with innovation and research in the manufacturing and technology sectors. The congressman is looking for another vehicle to pursue his initiative after it was removed from a separate defense legislation in 2021. The measure’s language had been successfully attached to the National Defense Authorization Act on the House side but was removed later, during bicameral negotiations. At the time, the congressman said that senate leadership was to blame for the decision to…

ThursdayFeb 03, 2022 4:20 pm

420 with CNW — Seven Ways Hemp Seed Oil Can Be Used in Body Care

Hemp seed oil has many uses. Did you know that hemp oils can be used to improve and care for one’s nails, hair and skin? Below we look at a couple of ways to use hemp seed oil in body care. As a moisturizer Hemp oils have a lot of nutrients, including omega fatty acids, vitamins and minerals, which help revitalize and moisturize the skin, particularly dry skin. This means that these oils can be used as a brightening and hydrating face mask. Hemp seed oil masks can also be left overnight for deeper hydration. However, if you already have…

ThursdayFeb 03, 2022 10:00 am

InMed Pharmaceuticals Inc. (NASDAQ: INM) Strengthens Leading Role in Rare Cannabinoid Market Following New Product Launch, Key Acquisition

Cannabicitran is the first of four new rare cannabinoids InMed is planning to launch in the first half of the year to meet growing inbound demand The launch demonstrates InMed’s ability to produce rare cannabinoids at scale, something only very few companies have achieved BayMedica acquisition, other key achievements in 2021, are positioning the company as a leading supplier of rare cannabinoids in the health and wellness sector A leader in the research, development, manufacturing and commercialization of rare cannabinoids, InMed Pharmaceuticals (NASDAQ: INM) has begun the new year from a more prominent position in the market, following key acquisitions…

ThursdayFeb 03, 2022 4:20 am

420 with CNW — Amazon Backs Republican-Led Bill Ending Federal Cannabis Prohibition

Late last year, a GOP Congresswoman sent waves across America’s nascent cannabis industry when she introduced a bill to end federal cannabis prohibition in the country and regulate the controversial plant. With cannabis reform being seen as a primarily progressive effort spearheaded by the left, Rep. Nancy Mace’s States Reform Act was meant to act as a compromise between Democrats and Republicans. Although Senate Majority Leader Chuck Schumer and his colleagues had already unveiled a federal legalization bill, it stands little chance of advancing to the President’s desk without Republican support. In a move that is bound to bolster the…