NewsRoom Articles - Page 226 of 613

TuesdayDec 28, 2021 4:20 pm

420 with CNW — Study Finds Smoking CBD-Rich Cannabis Doesn’t Impact Driving Ability

Over the past couple of years, cannabis has experienced a surge in popularity partly due to its purported medical abilities. As territories around the world started legalizing cannabis and hemp, reports of the controversial plant’s medical efficacy spread far and wide. Cannabidiol, one of the chemical compounds produced by plants in the cannabis family, has attracted most of this attention thanks to its potent medical properties. Unlike THC, the main psychoactive agent in marijuana, CBD does not intoxicate users or slow their mental and physical reactions. A pilot study from Switzerland sought to find out whether there was a connection…

TuesdayDec 28, 2021 9:30 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Reports Strong Third Quarter 2021 Financial Results; Sees Revenues Soar by Upwards of 1,000% YoY

BevCanna Enterprises recently published its unaudited financial results for the third quarter of 2021 The company recorded over 1,000% revenue growth year-over-year which separately recording positive gross profit for the quarter In addition to receiving its initial orders from the British Columbia, Alberta and Ontario Cannabis Distribution companies, BevCanna has also signed an agreement with UNFI Canada – thus leading to a significant expansion in its geographical distribution footprint across Canada BevCanna also announced the acquisition of Embark Health Inc, a leader in solventless cannabis extraction, as it actively diversifies from its core beverage manufacturing business BevCanna Enterprises (CSE: BEV)…

TuesdayDec 28, 2021 4:20 am

420 with CNW — Weed 6: CNN Shines the Light on Medical Cannabis for Autistic Kids

Cannabis may still be one of the most controversial plants in America’s history, but awareness of its potential medical abilities is steadily increasing. First legalized for medical use by California in 1996, medical cannabis is now legal in 36 states and used to alleviate medical conditions such as chronic pain, cancer and cancer treatment symptoms, epilepsy, glaucoma and Alzheimer’s disease. Thanks to the plant’s potent medical properties, researchers all over the world are constantly running studies to discover the breadth of marijuana’s medical potential. A pediatric clinical trial at UC-San Diego’s Center for Medical Cannabis Research has found that cannabidiol…

MondayDec 27, 2021 4:20 pm

420 with CNW — Congressional Democrats Gear Up for Cannabis Reform Efforts

In a memo to the Congressional Cannabis Caucus, Reps. Barbara Lee and Earl Blumenauer wrote that the growing bipartisan momentum for marijuana reform show that Congress is ready for progress next year, noting that they were close to making its marijuana laws and policies align with the views of Americans. This comes after several proposals were introduced, including federal initiatives that will expunge criminal records of cannabis offenders and establish banking services for the burgeoning marijuana industry. A poll conducted by Gallup last year found that almost 70% of Americans, including about one-half of Republicans, support the legalization of cannabis.…

MondayDec 27, 2021 1:33 pm

Flora Growth Corp. (NASDAQ: FLGC) Marks 2021 Close with Product Diversification and Market Expansion

Flora Growth recently expanded into Mexico and Spain with its Mind Naturals and Awe CBD skincare brands Additionally, the company ventured into the dry herb market through Vessel brand, its wholly owned subsidiary The recent licensing agreement with Tonino Lamborghini marks Flora Growth’s aggressive product diversification plan that has defined its 2021 calendar year All the decisions and moves made by the company so far have been geared toward growing the company’s market share, expanding its market reach, and increasing value for its shareholders Flora Growth (NASDAQ: FLGC) completed its first traditional cannabis Initial Public Offering (“IPO”) in May 2021.…

MondayDec 27, 2021 1:15 pm

Marijuana Company of America Inc. (MCOA) Completes VBF Brands Acquisition, Highlighting Growth Strategy

Marijuana Company of America, Inc. has been expanding its portfolio in recent months through acquisitions and partnerships designed to enhance the company’s revenue stream MCOA’s trademarked hempsmart brand of CBD products has been joined by verticals including marijuana cultivator and distributor VBF Brands, CBD brands distributor cDistro, in-store advertiser VapeTV US, and other industry solutions The recent completion of VBF Brands’ acquisition grants MCOA efficiency and sustainable cultivation techniques in its product development Efforts to expand the legalization of recreational and medicinal marijuana at the federal level have been gaining steam again, portending significant opportunities for growth in 2022 As…

MondayDec 27, 2021 1:08 pm

Lexaria Bioscience Corp. (NASDAQ: LEXX) Expects Study Results to Show its Patented Tech’s Value in Treating Hypertension Patients

Lexaria Bioscience is preparing to file an Investigational New Drug application with the U.S. Food and Drug Administration for its patented technology’s use in treating hypertension (high blood pressure) The company has completed multiple studies of the benefits of DehydraTECH(TM), in combination with cannabidiol to combat hypertension conditions and consequentially benefit cardiovascular patients Lexaria recently announced that it is nearing completion of a third human study in which the company expects to further explore whether DehydraTECH-CBD successfully treats high pulmonary blood pressure A comprehensive six-week human clinical study is expected to begin soon Lexaria Bioscience (NASDAQ: LEXX) is nearing completion…

MondayDec 27, 2021 12:01 pm

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Announces White-Label Manufacturing Agreement With Averi Health Products

BevCanna Enterprises is a diversified health & wellness beverage company which specializes in providing white-label production and distribution solutions to its various partners The company recently entered into a manufacturing and distribution agreement with Averi Health Products, which will see BevCanna market Averi’s diverse range of non-alcoholic, cannabis-infused cocktails BevCanna has recently announced tie-ups with Keef Brands as well as with The Tinley Beverage Company to produce and distribute its products within the Canadian territory BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health & wellness beverage and natural products company developing and manufacturing a range of alkaline,…

MondayDec 27, 2021 4:20 am

420 with CNW — Federally Funded Survey Finds Significant Decline in Cannabis Use Among Youths

A new survey has found that the use of cannabis by youths reduced considerably this year. The Monitoring the Future survey was funded by the National Institute on Drug Abuse. It has been tracking adolescent attitudes towards drugs and drug behavior since 1975. The self-reporting survey was taken by more than 32,000 students from 319 schools who completed it between February and June of this year. Its latest results show a significant decline in marijuana use among 8th, 10th and 12 graders in 2021. This is despite the fact that more laws to legalize marijuana are being enacted and implemented…

ThursdayDec 23, 2021 4:20 pm

420 with CNW — Experts Include Hemp Among Fabric Options for Sensitive Skin

Hemp is one of the most versatile crops available. Outlawed for centuries because of its close relation to the ever-controversial marijuana, industrial hemp recently became legal when Congress passed the 2018 farm bill. The legislation allowed the cultivation and sale of industrial hemp and its derivatives as long as they contained less than 0.3% THC, the chemical in marijuana that makes users feel “high.” Since then, hemp has grown in popularity due to the alleged medical abilities of a chemical compound called CBD. But while plenty of people know about CBD and its potential health benefits, not many are aware…

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