NewsRoom Articles - Page 254 of 606

MondayAug 02, 2021 4:20 pm

420 with CNW — Cannabis Boom in Michigan Creates Numerous Opportunities

Despite its youth and immaturity, America's state-legal cannabis industry has been dubbed one of the fastest-growing sectors in the country. The sector has generated billions of dollars in revenue for businesses and provided jobs for hundreds of thousands of people. In addition, projections have the space pulling in $43 billion by 2025. Cannabis is a high-risk industry and potentially a high-reward industry, especially for companies that can weather the risks, and many businesses are looking to throw their hats into the ring. Michigan, for instance, legalized recreational cannabis only one and a half years ago, and its large population coupled…

MondayAug 02, 2021 10:00 am

American Cannabis Partners Poised for Expansion, Seeks Growth Opportunities as Reliable Business Partner

ACP's strategy is based on leveraging opportunities in real estate and licensing in states that have recently passed legalization legislation Focused on complementary business segments — real estate, acquisition and development of proprietary assets, and ongoing cultivation operations, ACP appears poised for expansion Company seeks partnerships with companies with aligned personal, ethical, and business sensibilities to differentiate itself in assets, services, research, and philanthropy American Cannabis Partners (“ACP”) is a licensed, large-scale, and 100% organic cultivation company supplying multiple forms of raw product at consistent wholesale prices for manufacturing, distribution, and retail licenses. The company is considering additional growth via…

MondayAug 02, 2021 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Steadily Achieving Its Operational and Business Plan Objectives

Lexaria just completed dosing for its second human clinical study, HYPER-H21-2 The study sought to understand the human response to Lexaria’s DehydraTECH 2.0-enabled CBD The company also announced that its DehydraTECH-enabled consumer products are available for purchase in over 7,000 stores across the United States Lexaria also expanded its intellectual property portfolio with the allowance of its second patent in Japan It also received US$3,817,643 from warrant exercises, proceeds from which will be used to advance the company’s research and development program and for its general corporate purposes Lexaria Bioscience (NASDAQ: LEXX) has been making incredible strides in 2021 as…

MondayAug 02, 2021 4:20 am

420 with CNW — Senators, Feds Discuss Cannabis Legalization During Drug Overdose Hearing

Five decades after then President Richard Nixon declared drug abuse “public enemy number one,” paving the way for the era of the drug war, drug addiction and overdoses are still taking American lives. Since 1999, more than 800,000 people have died from drug overdoses in the United States, and drug abuse remains one of the country's most pressing issues. Now that most experts agree that the war on drugs has been an unmitigated failure, lawmakers have been pursuing other options to curb addiction and give existing addicts the help they need, rather than jail time. Last week, top federal health…

FridayJul 30, 2021 4:20 pm

420 with CNW – How Cannabis Cultivators Are Using Tech to Boost Productivity, Reduce Costs

Hemp and marijuana growers are using advanced technologies to increase quality and yields, cut down on labor costs, and decrease water as well as optimize energy use. These technologies, which also help make cultivation facilities more productive, include products to control pests that don’t use chemical pesticides, smartphone-controlled technology to raise and lower lighting and LED bulbs, systems that control a grow-room environment remotely, and sensors to fine-tune lighting and control irrigation. Some companies use sensors that enable cultivation operation managers to assess soil moisture using a software that can be viewed on a smartphone or computer. For instance, the…

FridayJul 30, 2021 9:30 am

Golden Triangle Ventures Inc. (GTVH) Announces Armageddon Event, First-Ever Production of Its Kind

Epic stage production features a unique end-of-the-world theme Company is curating a theme to create a ground-breaking production With more than 30,000 national followers, EpicRaves is on its way to achieving goal of becoming nationally recognized concert production company Golden Triangle Ventures (OTC: GTVH) is making company history with the announcement of its debut event series: Armageddon (https://cnw.fm/bblOQ). This epic stage production features a unique end-of-the-world theme and is the company’s first-ever offering of this kind. “We will deploy the largest Hennessy Sound Design system Las Vegas has ever seen in history for this amazing event, and we are going…

FridayJul 30, 2021 9:00 am

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Reports Record Q2 2021 Revenues

Company executed record quarter by focusing on profitable operations, accretive acquisition of Homegrown Oregon Chalice posts record quarterly revenue, gross profit numbers Homegrown chain of five stores joined the Chalice brand earlier this year Chalice Brands (CSE: CHAL) (OTCQB: CHALF) has released its 2021 second-quarter unaudited financial, noting highest-ever quarterly revenues, along with other promising numbers (https://cnw.fm/N4NXU). The company is a premier consumer-driven company specializing in the retail, production, processing, wholesale and distribution of cannabis. “We are immensely proud to execute another record quarter by focusing on profitable operations and the accretive acquisition of Homegrown Oregon,” stated Chalice CEO and…

FridayJul 30, 2021 4:20 am

420 with CNW — Novel Study Highlights Effects of High-Potency Cannabis on Memory

Until a few years ago, cannabis flower and edibles were the most common cannabis products on the market. The young state-legal sector enjoyed high demand and plenty of sales, but the industry blew up once concentrates hit the shelves. Concentrates have since become immensely popular, with businesses selling $797 million worth in 2020. However, while there has been an increasing number of studies on the effects of low-potency cannabis products, federal law has made it extremely hard for researchers to study high-potency cannabis. Fortunately, researchers from Washington State University have found a way to study how high-potency cannabis affects memory…

ThursdayJul 29, 2021 4:20 pm

420 with CNW — Three Tips for Avoiding Regulatory Pitfalls While Cultivating Marijuana

Some of the states that have legalized medicinal and/or recreational use of cannabis also allow the plant to be cultivated. However, there are things a grower should know and do if they plan to grow marijuana in a regulated market and would like to avoid regulatory failure. These include the following: Acquainting themselves with regulatory compliance laws Before you begin cultivating cannabis, ensure that you understand the laws in your state and are compliant with the regulations. Knowing the law for every process involved, including the safety tests required, will save you money and time. Additionally, being knowledgeable about the…

ThursdayJul 29, 2021 9:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Hails Successful Testing for Effective Transformation of Antivirals for Greater Bioavailability

Lexaria Bioscience is a drug delivery technology developer advancing its IP for transforming existing consumer products and medications that may improve their availability and bioavailability The analysis of Lexaria’s DehydraTECH(TM) shows it did not create unwanted new molecular entities during the transformation process, did not inhibit the drugs’ expected antiviral functions and did increase absorption The DehydraTECH testing has been in conjunction with drugs used to treat SARS-CoV-2/COVID-19, HIV/AIDS and hepatitis, although the company envisions its technology becoming responsive to a much wider array of viral illnesses The company envisions building on its recent successes with larger studies of the…

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