NewsRoom Articles - Page 217 of 596

TuesdayNov 23, 2021 8:30 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Adding to its Growing Retail Presence with Rapid Developments in Florida

Red White & Bloom Brands is building a multi-state operation in the cannabis and hemp industries through state subsidiaries focused on markets in Florida, Michigan, Illinois, Arizona and California The company is now rapidly building up its cultivation and retail operations in Florida, advancing from regulatory approval in the state last month to the startup of growing activity to supply existing and soon-to-open dispensaries in four cities from Miami to Daytona Beach and across to Spring Hill Florida is on the verge of a “massive medical marijuana boom” as the pain-conscious retirement community grows and residents’ attitudes overwhelmingly favor openness…

TuesdayNov 23, 2021 8:30 am

Simply Sonoma Inc. Developing High-Quality, All-Natural CBD-Infused Beverages for Entry into Growing Market

CBD-infused beverages market expected to make over $14,600 million by the end of 2026 CBD beverages are becoming more popular as cannabis-infused goods become legalized across the United States and around the world Simply Sonoma has two CBD-infused beverages on the docket: an alcohol-free, CBD wine product and a low-carb, low-sugar CBD sparkling product Cannabidiol, or CBD, is gaining the attention of enthusiastic cannabis consumers around the world. The list of products that contain CBD is growing, with one of the most popular new products being CBD-infused beverages. Simply Sonoma, a company committed to offering CBD products for the environmentally conscious…

TuesdayNov 23, 2021 4:20 am

420 with CNW — Veterans Continue Having Trouble Accessing Medical Cannabis Despite Its Legality

Many veterans believe that plant-based medicines are a much better option for treatment in comparison with opioids, which are easily addictive. However, most are having trouble accessing medical cannabis, even in states where medical use of the herb is legal. Currently, 36 states in the country have established medical marijuana programs while 18 states have legalized the recreational use of cannabis; in addition Guam, the Northern Mariana Islands and the District of Columbia have legalized the substance. Despite the existence of these programs, physicians at VA Medical Centers aren’t allowed to prescribe this plant-based medicine. This comes at a time…

MondayNov 22, 2021 4:20 pm

420 with CNW — Lessons California Has Learned from Prop 64

In 2016, voters in California approved Proposition 64, which allowed the sale of recreational cannabis to adults aged 21 and older and set up a framework for taxing cannabis cultivation and sales. Five years later, California is home to one of the largest cannabis markets in the country with cannabis companies selling $4.4 billion worth of marijuana in 2020. California is also one of the few states that allows both medical and recreational use, having legalized medical marijuana back in 1996. Some experts say that if the state is able to mitigate the issues facing legal cannabis, California could have…

MondayNov 22, 2021 4:20 am

420 with CNW — Infused Drinks Helping the Cannabis Industry Gain Traction

The cannabis industry has seen an exponential increase in demand as more states have launched legal markets, allowing the sale of medical or recreational cannabis. For the past couple of years, the edible and concentrate segments have reigned supreme as consumers have been looking for consumption methods other than smoking flower. These methods are healthier than smoking and allow for more product variety; in addition, their effects kick in differently. Cannabis-infused beverages are another segment poised to take over the market in the next few years. Relatively new to the market, these are alcoholic and nonalcoholic beverages infused with cannabinoids.…

FridayNov 19, 2021 4:20 pm

420 with CNW — Cannabis to Feature at 2022 Edition of California State Fair

The California State Fair is set to resume next year after a hiatus brought on by the coronavirus pandemic. The fair has various new categories, including one for marijuana, which many believe will be pretty competitive. The state legalized the recreational use of cannabis in 2016, with its cultivators playing a crucial part in the state’s economy by generating more than $3 billion annually in licensed marijuana sales. Competitions to determine the flavor and potency of cannabis strains will not be done through smoking but will instead be done using a high-tech and purely scientific approach. Flowers submitted for competition…

FridayNov 19, 2021 4:20 am

420 with CNW — Study Finds That Legalizing Cannabis Doesn’t Cause Increase in Traffic Injuries

A new study has discovered that the move to legalize cannabis in Canada did not translate into a rise in traffic injuries. The study’s findings were reported in the “Drug and Alcohol Dependence” journal. The objective of the researchers was to investigate claims from prohibitionists who argue that enacting laws to legalize marijuana would make roads less safe. Canada approved laws to legalize marijuana, which took effect in October 2018. For their study, the researchers conducted an analysis on emergency-department data gathered from the Alberta and Ontario provinces between April 2015 to December 2019. The researchers found no evidence supporting…

ThursdayNov 18, 2021 4:20 pm

420 with CNW — Biden’s Pick for Top FDA Job Has Prescribed Cannabis-Based Medicine

President Joseph Biden isn’t a big fan of broad, comprehensive cannabis reform. Even though plenty of Democrats and even some Republicans have thrown their weight behind broad legalization, Biden favors decriminalizing cannabis, legalizing medical cannabis, and giving states the freedom to craft their own marijuana policies. This has been a bone of contention for many lawmakers, especially those from the left, and Senate Majority Leader Chuck Schumer stated that he would advance broad federal legalization with or without the president. A recent move by Biden may be a sign of his preference for medical cannabis. On Friday, Biden announced that…

ThursdayNov 18, 2021 8:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces 2022 DehydraTECH(TM) R&D Programs, Including Investigations into Alzheimer’s Disease and Diabetes

Lexaria’s 2022 R&D programs are set to include research on hormone replacement, dementia, rheumatoid disease, and diabetes, among other conditions The program builds on findings from 2021 studies which supported significant advances in the oral nicotine, heart disease, and antiviral markets The 2022 program will continue to focus on the company’s patented DehydraTECH drug delivery platform Lexaria will also be conducting pharmacokinetic and efficacy modeling studies in animals to evaluate DehydraTECH’s overall efficiency In 2021, Lexaria Bioscience (NASDAQ: LEXX) raised approximately $15 million in funding. The money allowed for active work programs throughout the year while supporting significant advances in…

ThursdayNov 18, 2021 8:00 am

Hero Technologies Inc. (HENC) Subsidiary Looks to Leverage Position in $2B Massachusetts Marijuana Market

HENC subsidiary evaluating, pursuing property acquisitions; beginning process to obtain cultivation, sales licenses Sales have doubled in the past year, according to state’s seed-to-sale tracking system HENC working with top cannabis law firm to spearhead the process With Massachusetts reporting marijuana sales reaching $2 billion since the state approved the adult-use market (https://cnw.fm/9CA5M), savvy cannabis companies operating in the state are looking to leverage opportunity for growth. Earlier this year, Hero Technologies (OTC: HENC), a cannabis company pursuing a vertically integrated model, announced a new subsidiary: MassCannabis LLC. The newly formed company is evaluating and pursuing property acquisitions and beginning the process…