NewsRoom Articles - Page 276 of 614

ThursdayJun 10, 2021 4:20 pm

420 with CNW — Are CBD Gummies Worth Trying Out?

Ever since Congress legalized industrial hemp and its derivatives via the 2018 Farm Bill, hemp extract cannabidiol (“CBD”) has become exceedingly popular. It is part of a group of compounds called cannabinoids that are produced by plants in the cannabis family, and unlike THC, it does not get users high. Instead, CBD is allegedly packed with numerous health benefits, and as the industry has matured, CBD edibles have become especially popular with consumers. In fact, the CBD edibles space is one of the fastest-growing markets in the nascent CBD industry, growing from what was a niche product just a couple…

ThursdayJun 10, 2021 10:35 am

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Earns BUY Rating, Coverage from Fundamental Research Corp

New report cites new management, very good customer ratings and record revenue in initiating CHAL coverage Chalice Brands acquisition of Homegrown Oregon also noted CHAL’s consistent increase in financial numbers key to BUY rating as well A recent Fundamental Research Corp. report has initiated coverage of Chalice Brands (CSE: CHAL) (OTCQB: CHALF) with a BUY rating and a fair value estimate of C$2.46 (https://cnw.fm/i4AD6). CHAL closed at C$1.37 on June 8, 2021. Chalice is a leader in retail, marketing and craft cultivation supported by fully integrated processing and distribution. “New management has demonstrated their ability by significantly growing the company’s revenue and…

ThursdayJun 10, 2021 9:00 am

RYAH Group Inc. (CSE: RYAH) Reports on the Medical Benefits of the “Munchies”

Reported on the therapeutic benefit of munchies for nausea and vomiting Recorded over 14,500 sessions from patients seeking relief from nausea Munchies are a medical benefit for those going through chemotherapy or diagnosed with cachexia, also known as a wasting disorder RYAH Group (CSE: RYAH), the leading data technology company in plant-based medicine, collects data through its IoT dose-measuring devices and AI analytics. Recently the company reported on The Therapeutic Benefit of the Munchies for Nausea and Vomiting. The full article can be found at https://cnw.fm/YZomi. RYAH is uniquely positioned to collect essential data that can lead to more personalized…

ThursdayJun 10, 2021 4:20 am

420 with CNW — Study Finds Medical Cannabis Containing THC Can Work Better Than Cannabidiol

The past decade has seen medical cannabis become exceedingly popular as more than 30 states have passed legislation allowing qualifying patients to use marijuana for medical purposes. Consequently, there has been increased, although still limited, research into marijuana's medical potential, and one theory has almost become a fact in many people's minds. THC (delta-9 tetrahydrocannabinol), the main psychoactive agent in cannabis, has been unofficially dubbed the fun cannabinoid that has barely any medicinal properties and gets users high while CBD (cannabidiol) is the medical powerhouse responsible for marijuana's purported medical abilities. Most of state-legal medical cannabis programs only allow cannabis…

WednesdayJun 09, 2021 4:20 pm

420 with CNW — Demand for Cannabis Beverages Seems Poised to Explode

A report released by Headset in March stated that advancements in marijuana infusion technology and the introduction of new brands into the market would boost cannabis beverage sales. The marijuana analytics firm noted that since the start of last year, cannabis beverage purchases had grown rapidly in Canada, making up roughly 4% of overall purchases. At the moment, the cannabis beverage market is filled with numerous SME craft companies. Many large-scale manufacturers of alcoholic manufacturers are keen to enter the market, with most of them working to develop new products. For instance, Heineken recently introduced to the market Hi-Fi Hops…

WednesdayJun 09, 2021 9:00 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Inks White Label Agreement as Strategic Planning Pays Off

White label agreement with FLO Brands outlines launch of cannabis vape product line PULL beginning to execute strategy to get white label products into provincial dispensaries, drive up to $3 million of annual revenue Nikolaevsky reports that “white labeling has also begun to build momentum and gain sales traction for us” Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic industry, announced that it has finalized a white label agreement to launch a line of cannabis vape products (https://cnw.fm/crHWm). The agreement was made between Pure…

WednesdayJun 09, 2021 4:20 am

420 with CNW — Nevada Legislature Sends Cannabis Consumption Lounge Bill to Governor

Cannabis reform advocates in Nevada may soon be treated with good news after the state legislature sent a bill that would legalize cannabis consumption lounges to the governor's desk. Sponsored by Speaker Pro Tempore Steve Yeager, the legislation would create two new cannabis licensing categories, one for retail cannabis consumption lounges and the other for independent cannabis consumption lounges. The bill advanced through a state assembly committee in early April and was passed by the Nevada Assembly in late May before heading to the Senate for final approval. Last week, the Senate overwhelmingly passed the bill in a 17–3 vote…

TuesdayJun 08, 2021 4:20 pm

420 with CNW — Projections Show Oregon’s Cannabis Market May Grow Stronger

Despite the effect of the coronavirus pandemic on various industries, the cannabis industry in Oregon has persisted, with forecasts showing that cannabis sales will continue to increase. An economic forecast report released by analysts with the Office of Economic Analysis in the state’s Department of Administrative Service stated that while cannabis sales in the winter aligned with forecasts, sales in the recent months had grown. The report notes that it isn’t clear whether the cannabis sales data shows increased spending power from stimulus checks that were sent out in March or a growth in demand for marijuana products. It does…

TuesdayJun 08, 2021 3:18 pm

Inaugural World Psychedelics Day – June 20th (6·20)

World Psychedelics Day (WPD), launches Sunday, June 20th, 2021, celebrating a new era of rational and informed perspectives on modern day psychedelics and traditional psychoactive plant medicines. This annual event honours the breakthroughs in scientific and therapeutic psychedelic research and traditional Indigenous practices that have culminated in the current “Psychedelic Renaissance”. Despite wide-reaching clinical applications, stigma and legal barriers still surround the use of psychedelics and psychoactive plant medicines. This year’s virtual event, produced by the Psychedelics Awareness Foundation*, a Canadian non-profit organization of artists, journalists, university students, parents and business people, seeks to redress this by teaming up with…

TuesdayJun 08, 2021 9:00 am

RYAH Group Inc. (CSE: RYAH) Rising Above Canada’s Medical Cannabis Growing Pains

The number of federally registered Canadians is down, but the number of users is not A large percentage of Canadians are managing their treatment without the help or oversite of a healthcare professional Retailers and product suppliers also benefit from RYAH’s suite of dose-control products, generating recurring revenue streams and strengthening their product offerings RYAH Group (CSE: RYAH), a health care analytics and technology company, has developed and uses dose-measuring IoT devices to collect HIPPA-compliant data to improve future medical treatments. The Company is working with doctors, government, and university research centers to reduce the variations in their treatment plans…