NewsRoom Articles - Page 253 of 600

ThursdayJul 15, 2021 12:06 pm

Sugarmade Inc.’s (SGMD) Acquisition Strategy Moves Company Closer to Realizing Full Farm-to-Door Model

Most recently SGMD signed MOU to obtain three non-storefront California cannabis licenses. Sugarmade plans to open three new Nug Avenue cannabis delivery hubs in the Los Angeles metro area. In May, the company completed the acquisition of Lemon Glow Company Inc., along with all of its assets, interests, property and rights. In a series of strategic acquisitions, Sugarmade Inc. (OTC: SGMD) has strengthened its position as a growing presence in the California cannabis sector. The company, which is currently a central player in the state’s expanding cannabis delivery space, is focused on developing a full farm-to-door vertically integrated cannabis business. …

ThursdayJul 15, 2021 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Targeting Commercial Success with its Drug Delivery Technology

Lexaria is making progress with research on its DehydraTECH drug delivery technology Advanced 2nd-generation DehydraTECH 2.0 formulations utilized in ongoing hypertension studies The company intends to monetize its technology for commercial use Its quest for commercial success also follows its move to delist from the Canada Securities Exchange (“CSE”) to focus on the Nasdaq listing Lexaria Bioscience (NASDAQ: LEXX) continues to innovate with its DehydraTECH(TM) drug-delivery technology. It is constantly collaborating with research institutions and businesses to identify other new ways to improve its technology. So far, advanced DehydraTECH 2.0 formulations are already being used by the company in ongoing…

ThursdayJul 15, 2021 4:20 am

420 with CNW — Federal Economic Committee Recommends Marijuana Reclassification as Industry Continues to Grow

Last week, the White House Office of Management and Budget published a proposal in the federal register in which it provided policy recommendations for next year’s North American Industry Classification System (“NAICS”), which is utilized in the compilation of data on markets across Canada, Mexico and the United States, as well as in the classification of businesses. In a series of recommendations, the federal economic committee stated that the cannabis industry would keep growing, noting that steps needed to be taken to make certain that the growth was tracked under a system that would allow analysts to publish statistical data…

WednesdayJul 14, 2021 4:20 pm

420 with CNW — White House Asks for Comments on How Underserved Communities Face Barriers Due to Drug Policies

Despite starting with relatively noble intentions, the drug war is considered an unmitigated failure by many. Not only did it fail to sufficiently curb drug use or suppress the criminal enterprises behind the drug trade, but it also ensured that certain communities were intensely policed and harshly sentenced for decades. Now that America's state-legal cannabis sector is steadily growing, some policies from the drug war era that have endured may be creating “systemic barriers” for these communities. As such, the White House, via its drug policy arm, has opened a 30-day comment period in a bid to see whether existing…

WednesdayJul 14, 2021 9:07 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Positioned to Profit From Shifting Consumer Preferences For Legal Market, High-Quality Strains, Brand Recognition

Market for legal cannabis continues to mature, British Columbia government to allow cannabis home delivery starting July 15, 2021 PACR produces premium top-quality strains cultivated using genetics-first approach, catalog features 350 tested cultivars and 50 super-elite strains prized for unique cannabinoid profiles PACR leverages branding power through recent acquisition of legendary Lords of Grasstown brand inspired by Pacific Northwest motorcycle culture As the market for cannabis continues to shift towards legal avenues for product procurement, Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canada-based cannabis company, continues to position itself for an increased market share through a…

WednesdayJul 14, 2021 4:20 am

420 with CNW — Four Cannabis Products Whose Popularity Grows Daily

As more states across the country legalize and decriminalize marijuana for medical and recreational use, the burgeoning industry continues to grow. This, as well as the different ways CBD and THC, which are compounds of marijuana, can be consumed, has made it possible for the manufacture of marijuana products that cater to different consumer needs. Below are a few of the marijuana products that are gaining popularity as the fight to end the plant’s federal prohibition continues. Gummies For consumers who are fans of sweet stuff, CBD gummies may be the perfect option. While it may be challenging to accurately…

TuesdayJul 13, 2021 4:20 pm

420 with CNW — An Overview of CBD Patches Used for Pain

Cannabidiol, a nonpsychoactive cannabinoid produced by hemp and cannabis, has been receiving plenty of mainstream attention lately because of its supposed medicinal properties. Anecdotal claims as well as preliminary studies say that it can treat everything from anxiety and insomnia to chronic pain and epilepsy, but its ability to alleviate pain has taken center stage. Several studies, most of them on animals, have found that CBD can treat pain caused by numerous medical conditions. Cannabidiol itself can be consumed in a wide variety of ways, but when it comes to treating pain, CBD patches take the cake. These transdermal patches…

TuesdayJul 13, 2021 10:19 am

BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) TRACE Line of Products Addresses Declining Minerals in Food Supply

Soil depletion causing mineral loss in food supply BevCanna’s TRACE line of products address issue through proprietary plant-based formula rich in iron, magnesium, calcium, potassium Company recently signed distribution agreement to reach target markets in New York, Chicago, California BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, helps consumers address nutrient deficiencies with its TRACE line of beverages and supplements. Sourced from deep within British Columbia’s Rocky Mountains, TRACE products are high in fulvic and humic minerals, providing an easily absorbed source of minerals such as iron, magnesium, calcium, potassium…

TuesdayJul 13, 2021 4:20 am

420 with CNW — House Committee Backs Using Drones for Identifying Illicit Marijuana Grows

More than a decade after launching a state-legal cannabis industry, America's illicit cannabis market is still going strong. One of the objectives of legalizing marijuana was to draw clientele away from the black market and deprive the criminal organizations behind it of revenue from cannabis sales, but most states have failed to do major damage to illicit cannabis sales. To add insult to injury, a large percentage of illegal marijuana is grown on public land, and since cannabis is a water-intensive plant, these illegal grows tend to steal a lot of water as well. In a bid to curb the…

MondayJul 12, 2021 4:20 pm

420 with CNW — House Committee Witness Urges Legislators to Make Bipartisan Visits to Cannabis Businesses

The legalization of cannabis has become popular in America, with 18 states having legalized the recreational use of the herb and another 13 decriminalizing its use. However, while Congress is still in disagreement about the herb, a recent visit from an investigative reporter may help move things along. Amanda Ripley, the witness who graced a House Committee hearing, suggested visits to cannabis businesses by ideologically opposed legislators. Similar visits have happened in Canada, when MP Garnett Genius and Nathaniel Erskine-Smith visited a major producer of cannabis in 2017. This came right before the country legalized the herb for recreational use…

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