NewsRoom Articles - Page 215 of 596

ThursdayDec 02, 2021 9:00 am

Marijuana Company of America Inc. (MCOA) Leverages Strategic Partnerships to Facilitate Growth Within the Industry

The global cannabis market was valued at $22.10 billion and is expected to grow at a CAGR of 13.9% by 2026. The growing trend was reflected by Green Wednesday sales MCOA has expanded its interests into Latin America and has strategic partnerships in place, as well as wholly-owned subsidiaries in its portfolio Leadership team has set high standards for the company and plans to leverage the strategic partnerships it has accumulated as a means of facilitating growth for the company within the industry The cannabis industry just celebrated its second-largest holiday of the year – Green Wednesday, the industry’s very…

ThursdayDec 02, 2021 4:20 am

420 with CNW — Germany May Soon Legalize Cannabis After Agreement Between Major Parties

Germany may soon legalize cannabis across the country after party leaders recently reached an agreement to do so. The legalization bill, which will be introduced in the next legislative session, will restrict alcohol, tobacco and marijuana from being advertised as well as offer broader drug harm reduction services. Currently, the country has in place a medical marijuana program. This is in addition to having already decriminalized the personal possession of cannabis. The legalization bill to be introduced would establish a regulated market for adult-use cannabis. The governing coalition in the country comprises of the Greens, the Free Democratic Party and…

WednesdayDec 01, 2021 4:20 pm

420 with CNW — Study Shows Workouts Trigger Release of Marijuana-Like Substances in the Body

Inflammation is the root of some of the most life-threatening diseases humans face. Although it is a natural process that is usually initiated by the body as part of its defense system, inflammation works best in small doses. Constant or chronic inflammation will wreak havoc on the body, resulting in conditions such as rheumatoid arthritis, periodontitis, ulcerative colitis and Crohn's disease. Researchers are constantly trying to find ways to combat chronic inflammation, and the results from a new study have piqued their interest. The study found that exercising causes microbes in the gastrointestinal tract to produce marijuana-like substances that can…

WednesdayDec 01, 2021 9:30 am

Experience the Industry’s Most Influential Event at NCIA’s Cannabis Business Summit & Expo

Date: December 15–17, 2021 Venue: Moscone Center, San Francisco, California NCIA’s 7th Annual Cannabis Business Summit & Expo will be held in the Moscone Center in San Francisco, California, on December 15–17, 2021. Presented by the National Cannabis Industry Association (“NCIA”), the only national trade association advancing the interests of the responsible cannabis industry, #CannaBizSummit is the industry's most influential national B2B trade exhibition and the only event that brings together a lineup of unique education, exhibitors, and experiences all under one roof. Joining a prestigious lineup of more than 125 industry presenters in over 80 educational sessions, the event’s…

WednesdayDec 01, 2021 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Expands its Line of Lifestyle Brands Following Vessel’s Merger into a Wholly-Owned Subsidiary

Flora Growth has followed through with its definitive agreement to acquire 100% of Vessel’s equity interests This acquisition opens Flora up to the North American market, in addition to expanding its brand portfolio, with a proven operator that has achieved trailing 12-months revenue of $6.6 million and year-over-year growth of 90% It also serves to strengthen Flora’s management with the addition of Vessel’s leadership onto the team This latest acquisition lines up with Flora’s mission to build a connected, design-led collective of plant-based wellness and lifestyle brands that offer customers an unrivaled experience Flora Growth (NASDAQ: FLGC) has, since its…

WednesdayDec 01, 2021 9:00 am

Cannabis Strategic Ventures Inc. (NUGS) Launches LA-Based Cannabis Dispensary in Number-One Market

MDRN (Modern) Tree is key piece of company’s vision to build a full farm-to-sale vertical model NUGS plans to grow MDRN Tree brand, develop model that gives cultivation business wider distribution at potentially higher margins The MDRN Tree location is opening in top cannabis market in the world Cannabis Strategic Ventures (OTC: NUGS) has announced the grand opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary (https://cnw.fm/qOyRW). The company started recording sales from the dispensary this month. Last month, NUGS took full operational control of the downtown Los Angeles MDRN Tree cannabis product dispensary, the company’s first in-house, end-market,…

WednesdayDec 01, 2021 4:20 am

420 with CNW — GOP Congresswoman Reveals She Used Cannabis to Manage Depression After Being Raped

Last week, Rep. Nancy Mace, who introduced a measure to federally legalize cannabis, revealed that she had used the herb in her youth as a substitute for her depression medication after she was raped. The Republican Congresswoman revealed in an interview on Fox Business that she was raped when she was 16, explaining that the prescribed medications to deal with depression which she’d been given only made her feel worse, which is why she turned to marijuana for help. Mace asserted that she understood the need to offer access to vulnerable communities, such as military veterans who suffer from various…

TuesdayNov 30, 2021 4:20 pm

420 with CNW — Bipartisan AGs Urge Congress to Emphasize State-Federal Cooperation When Legalizing Marijuana

A coalition of attorneys general from different states has written a letter to the leaders of Congress regarding cannabis legislation. The letter calls on elected officials to keep in mind the need to let individual states determine whether or not to legalize marijuana while at the same time creating a regulatory framework through which public health and other concerns will be addressed. The attorneys general were from both sides of the political divide. From the camp of the Democrats, Connecticut’s AG William Tong and Vermont’s AG T.J. Donovan signed the letter. The Republican side of the aisle had Arizona AG…

TuesdayNov 30, 2021 9:30 am

Marijuana Company of America Inc. (MCOA) Reports Highest Quarterly Revenue Yet in Q3 2021 on the Back of New Acquisition, Expects Another Record-Breaking Quarter in Q4 2021

MCOA’s Q3 2021 revenue increased 731% year on year from $53,195 in Q3 2020 to $442,178 in Q3 2021 The company attributed this growth to its recent acquisition of cDistro, one of the fastest-growing distributors in North America cDistro’s acquisition is part of a strategic shift as the company looks to expand into new areas within the cannabis industry MCOA expects another record-breaking quarter in Q4 2021 as it anticipates reporting a full quarter of revenue from VBF Brands Inc., its newly acquired cultivation facility in Salinas, California Marijuana Company of America (OTC: MCOA), a diversified holding company looking to…

TuesdayNov 30, 2021 4:20 am

420 with CNW — Should Alcohol Sellers Worry about Competition from Cannabis-Infused Drinks?

Marijuana products are legally available in Guam, Washington, DC, and 19 other states. In states where recreational marijuana is legal, THC-infused drinks such as Hi5, Kalo, Keef, Cann and Wunder are marketed alongside other drinks, including wine and beer. Today, we look at whether producers of alcoholic beverages should worry about competition from cannabis-infused drinks. Colleen McClellan of Datassential says that we are likely to see an increase in the use and interest in cannabis-infused drinks as more states relax their regulations on the herb. McClellan, who is the regional director of the leading food and beverage insights platform, noted…

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