NewsRoom Articles - Page 284 of 607

ThursdayApr 08, 2021 4:20 pm

420 with CNW — New Poll Finds That 75% of Americans Support Legalization of Marijuana

A survey conducted recently by The Hill and HarrisX found that three in four voters in America support either letting individual states decide on policies governing cannabis or legalizing cannabis nationally. The survey interviewed 1,882 voters between March 24 and 26, and shows just how much public opinion has shifted; the majority of Americans now support the end of federal prohibition. The survey asked the respondents their views on marijuana policy and provided three options to choose from: Marijuana should be illegal everywhere. States should decide on marijuana legalization. The federal government should legalize marijuana. An estimated 38% of the…

ThursdayApr 08, 2021 2:27 pm

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Commercialization Team Set to Launch Rapid POC COVID Test Solution

Bioscience technology accelerator XPhyto Therapeutics Corp. is working with development partner 3a-diagnostics GmbH to roll out its pandemic-related virus diagnostic tool for the European market planned in April The test solution, dubbed “Covid-ID Lab,” received European regulatory approval last month XPhyto’s product is designed to be portable and rapid in its response time to help decrease testing operation costs and increase convenience of use News reports about the COVID-19 pandemic reflect a growing optimism that vaccine, mask and distancing protocols may be helping to drive down infection rates, although the reports note the virus continues to have a deadly effect…

ThursdayApr 08, 2021 1:00 pm

Grapefruit USA Inc. (GPFT) Staking Claim in Cannabis History with Game-Changing Topical Cream

In an industry projected to reach $41 billion by 2025, Grapefruit is ideally positioned with disruptive topical cream Hourglass cream solves the problem of THC, other cannabinoids not being easily absorbable through the skin Proprietary system features patented microsized particles that deliver THC, wide range of cannabinoids through skin directly into bloodstream The cannabis industry is gaining steam, with recent projections that annual legal medical and adult-use product sales could reach $41 billion by 2025 (https://cnw.fm/na3ls). With that stunning growth as a backdrop, companies such as Grapefruit USA (OTCQB: GPFT) that are pioneering revolutionary products in the space appear to be particularly…

ThursdayApr 08, 2021 11:16 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) at Front of Line for Cutting-Edge Vitalis Extraction Technology

Annual growth of 17% is forecast for cannabis extraction market to reach $28.5 billion by 2027 Pure Extracts Technologies is already operating leading extraction systems from Vitalis and will soon become one of the first companies to have Vitalis’ new Cosolvent Injection System (“CIS”) The CIS delivers dramatically faster throughput capacities, even higher-quality cannabis extracts, optimal ethanol cosolvent flow rates and low ethanol usage Analysts are aligned on the future of the cannabis extraction market, with expectations for years of double-digit compound annual growth rates. The market experts at Grand View Research see 16.6% CAGR for the market to reach…

ThursdayApr 08, 2021 4:20 am

420 with CNW — Mexico Cannabis Legalization Bill Passed by Key Senate Committee, Floor Vote Expected This Month

The Justice Committee of the Senate in Mexico has voted to approve the amended cannabis legalization bill as referred to the upper House by the Chamber of Deputies. This approval means that the bill now has to be cleared by two more Senate committees before it is sent to the floor for a final vote. That final floor vote is expected to happen this month. On Monday, the Justice Committee passed the bill with a 6 to 5 vote; the panel didn’t make any changes to the bill that was sent back to Senate after the lower legislative chamber made…

WednesdayApr 07, 2021 4:20 pm

420 with CNW — Schumer Says Senate Will Loosen Marijuana Policies Regardless of Biden’s Attitude

Although more than 30 states have legalized cannabis in various forms over the past decade, federal law still classifies cannabis as a controlled substance. With the House, Senate and White House in the Democratic Party’s hands, however, federal cannabis legislation has never had a greater chance of becoming law as it does right now. Unfortunately, President Joe Biden is staunchly against allowing adult-use cannabis, although he does support modest cannabis reform, including medical cannabis and expunging records of prior cannabis related offenses. But according to Senate Majority Leader Chuck Schumer, Biden’s views on the matter won’t hold him back, and…

WednesdayApr 07, 2021 1:13 pm

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Plans to Change Corporate Name to Chalice Farms Ltd.

Company will seek approval for name change at Annual General Meeting scheduled for May 10, 2021 Name change symbolizes company’s resurgence as relevant contender in U.S. cannabis industry. Company currently operates seven Chalice Farms dispensaries throughout the Portland area. Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a proven, consumer-driven cannabis company in both the medicinal and recreational marijuana market segments, is planning to make an official corporate name change (https://cnw.fm/I4VDo). The company announced that it will be changing its name to Chalice Brands Ltd. at its annual and special meeting (“AGM”), which is slated for May 10, 2021. “With the…

WednesdayApr 07, 2021 4:20 am

420 with CNW — NYPD Memo Says No Arrests for Adults Smoking Cannabis on Sidewalks

Last week, the New York City police department (“NYPD”) sent out an internal memo clarifying a number of issues after Gov. Andrew Cuomo signed a bill legalizing adult-use marijuana. Among other things, the memo indicated that individuals who are at least 21 years old will no longer be liable for an arrest once they smoke marijuana in any place where people are allowed to smoke tobacco. Those places include sidewalks as well as other public spaces. The police department also informed its officers that under the new marijuana law, adults were at liberty to gift cannabis to other adults as…

TuesdayApr 06, 2021 4:20 pm

420 with CNW — Legislators in Nebraska Approve Medical Cannabis Legalization Bill

Last week, a committee in Nebraska passed legislation to legalize medical cannabis in the state. The bill, sponsored by Senator Anna Wishart, would permit patients living with various conditions that make them eligible for the medical cannabis program to buy and possess up to 2.5 ounces of marijuana from licensed dispensaries in the state. However, it would not permit patients to smoke cannabis. Members of the Judiciary Committee passed the legislation in a 5 to 2 vote, which allowed them to advance the measure to the legislature for consideration. Sen. Adam Morfeld and Sen. Wishart have been champions of marijuana…

TuesdayApr 06, 2021 12:52 pm

Roth Provides Additional Details for Virtual Golden Cannabis Day

On April 7th, Roth is hosting a Virtual Cannabis Day designed to provide access to the top U.S. and global public and private cannabis operators, including the leading MSOs. The team is scheduling 1-on-1/small group meetings for institutional investors to meet with leading health and wellness companies. In addition, the day will be highlighted by a panel on Cannabis Brands with the leading brand innovators. Please contact your Roth sales representative if you would like to attend. Public companies available for 1x1 meetings: 4Front (CSE: FFNT) (OTCQX: FFNTF) | Ayr Wellness (CSE: AYR.A) (OTCQX: AYRWF) | Ceres/Parallel (OTCQX: CERAF) Charlotte's…

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