NewsRoom Articles - Page 276 of 606

WednesdayMay 05, 2021 4:20 pm

420 with CNW — Could Cannabis Legalization in New Mexico Hurt Nearby Colorado?

As more states legalize cannabis, the pioneers who launched the first state-legal cannabis sectors in the country may soon see their profits drop due to increasing competition. Colorado, for instance, has had a fantastic run so far. Its recreational cannabis industry has raked in nearly $10 billion dollars and filled the state's coffers with billions of dollars in cannabis taxes. However, now that next door neighbor New Mexico has legalized recreational marijuana, some cannabis operators in Colorado fear their profit margins will start thinning once New Mexico launches its cannabis industry in 2022. Colorado launched recreational cannabis sales in 2014,…

WednesdayMay 05, 2021 12:52 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Agreement with Renowned Cannabis Farming Company Supports Focus on Genetics

Strategic licensing agreement with Phenome One key to Pac Roots success Pac Roots has unlimited access to one of Canada’s largest live genetic libraries for growing, breeding, cloning use Company’s passion is preserving excellence of elite strains while introducing highest quality of new strains From the beginning, Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been committed to quality. In fact, the company’s motto — the Future of Genetics: Quality over Quantity — captures the company’s unique expertise and focus on elite genetic development (https://cnw.fm/DQhiA). One of the key components of Pac Roots Cannabis’s business model is its…

WednesdayMay 05, 2021 11:26 am

Current Deficiencies in The Rational Development of CBD-based Wellness Products

Even major players in the CBD market do not offer detailed and verifiable study results to effectively differentiate their products on the basis of meaningful clinical findings, essentially exploiting the “natural” label without any R&D efforts This industry deficiency represents immense opportunities for R&D-driven companies such as Green Hygienics Green Hygienics intends to use its intellectual and capital resources to establish and apply state-of-the-art research and development to a new generation of cannabinoid-based products having specifically assessed health-wellness efficacies CBD Reality Check Interest in the therapeutic use of hemp-derived nonintoxicating cannabinoids, such as cannabidiol (“CBD”) and cannabigerol (“CBG”), has reached…

WednesdayMay 05, 2021 8:09 am

Marigold PR Announces Agenda and Expert-Driven Lineup for Second Annual Womxn, Wellness, and Cannabis Conference

Award-winning cannabis marketing and PR firm, Marigold PR, today announced the agenda for its second annual Womxn, Wellness and Cannabis Conference (WWC Conference) on May 26-27, 2021. Hosted in celebration of the feminine cannabis and psychedelic experience, the largest free event of its kind provides a unique opportunity to network with industry trailblazers, in an inclusive, fun and educational online environment. In association with Platinum Partner Lift & Co. Expo, North America’s largest cannabis industry conference and tradeshow, WWC Conference will feature two full days of engaging panel discussions, keynotes and live Q&As, with day one committed to cannabis and…

WednesdayMay 05, 2021 4:20 am

420 with CNW — How the Cannabis Industry Can Be More Sustainable

A casual look at the cannabis industry will reveal that the sector uses a lot of energy in grow rooms — so is the industry doomed to continue operating in ways that aren’t sustainable? Not at all — several ways are available to “green up” this sector as discussed below. Switch to sustainable agricultural practices One sustainable practice is installing a recirculation system for the water used in grow rooms. Such a system would not only capture but also treat any water that would have otherwise been lost as plants are irrigated. Lightshade, a Colorado-based integrated cannabis company, is already…

TuesdayMay 04, 2021 4:20 pm

420 with CNW — Cannabis Legalization Bill Advanced to Montana Governor’s Desk

Montana’s state legislature has approved a legislation that establishes the recreational cannabis program voters had approved during the November 2020 elections and advanced it to the governor’s desk. Last week, the House approved HB 701, which had thrice been modified by the state Senate. The retail sale of recreational cannabis in the state is scheduled to begin early in 2022. The legislation, which was introduced nearly five weeks ago, has been amended a number of times in both the House and Senate chambers, with some officials voting to prevent it from advancing. Earlier last week, a group of GOP legislators…

TuesdayMay 04, 2021 3:07 pm

Sonoma Biologics, Sought-After Place-Based Designation for High-Quality Cannabis in Sonoma County

The name Sonoma is analogous with not only wine country but diversified agriculture, and now ultra-premium cannabis High-end consumers are seeking out place-based designations that they trust and they willing to pay a premium Investors are turning to companies like Sonoma Biologics, who have already established themselves within the competitive California market and have shown themselves capable of scaling up quickly without compromising on product Sonoma Biologics, an ultra-premium cannabis grower focused on the medicinal and recreational cannabis markets, is on a mission to become one of the largest organic-equivalent, environmentally friendly cannabis suppliers in northern California. The Company utilizes…

TuesdayMay 04, 2021 2:19 pm

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Inks Distribution Agreement for Rapid COVID-19 Test Kits; Expands Commercial Leadership Team in Anticipation of Strong, Sustainable Sales

XPhyto Therapeutics Corp. recently announced it has entered into a distribution, storage and logistics agreement with a German distributor with an established network throughout Germany Germany holds promise due to regulations requiring mandatory weekly testing for its citizens; this has the possibility of ramping up sales Anticipating the increase in sales and distribution, XPhyto expanded its commercial leadership team by bringing on board Mr. Wolfgang Probst and Mr. Manfred Buchberger Mr. Probst will be the company’s Chief Operations Officer (“COO”), while Mr. Buchberger will be the Head of Corporate Development at wholly owned subsidiary XP Diagnostics GmbH The approvals XPhyto…

TuesdayMay 04, 2021 1:16 pm

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Inks LOI to Acquire Oregon Retail Chain Store

Retail chain store projected to generate estimated $10M annually Company CEO calls acquisition “transformative” Retail is valued resource for GLH development of product lines, execution on brand messaging Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a proven, consumer-driven cannabis company in both the medicinal and recreational marijuana market segments, has signed a letter of intent (“LOI”) to acquire a retail chain in Northwest Oregon, which is forecast to generate an estimated $10 million in annual run rate revenue (https://cnw.fm/Af1Vt). “The acquisition of this retail chain will be transformative for GLH, as it would further cement us as a leader in…

TuesdayMay 04, 2021 10:56 am

RYAH Group About to Start Trading on Canadian Securities Exchange

RYAH Group to start trading on Canadian Securities Exchange following a transaction involving a triangular merger RYAH Group is digital health care analytics and technology company developing innovative solutions for the plant-based medical industry RYAH is poised for growth as the world transitions to remote health at an accelerated pace due to the pandemic RYAH Group (formerly known as Prime Blockchain Inc.) will start trading on the Canadian Securities Exchange under the ticker symbol "RYAH" today (https://cnw.fm/91d65). The New York-based digital health care analytics and technology company is focused on the development and commercialization of innovative technology, including software and…