NewsRoom Articles - Page 287 of 596

WednesdayFeb 03, 2021 3:00 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Updates Investors Following Completion of Special Warrants Private Placement

Pure Extracts recently updated investors on successful completion of second tranche of its special warrants private placement In aggregate, Company will raise gross proceeds of $8.5 million through both tranches of private placement Pure Extracts will employ net proceeds from private placement towards capacity expansion for Company’s extraction business, and for general working capital purposes Company previously revealed that it was conducting study looking into formulation, manufacturing of psilocybin-based active treatments Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on the cannabis, hemp, and functional mushroom sectors, has recently updated investors following the successful…

WednesdayFeb 03, 2021 2:24 pm

PacRoots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Set to Thrive as Peers Face Pain of Excess Supply

PacRoots Cannabis recently updated investors following its first successful hemp harvest, which resulted in 105,000 lbs. of biomass of higher-than-expected quality Canadian cannabis market is currently awash in oversupply, with some estimates placing inventory stockpile at close to 3 years’ worth of demand Industry participants have pointed at low-quality grades as prime cause for the oversupply PacRoots has taken strides to improve quality of its plants, most notably through collaboration with Phenome One Corp PacRoots processes, sells entirety of recent harvest to the Speakeasy Cannabis Club PacRoots Cannabis (CSE: PACR) (OTCQB: PACRF), an up-and-coming cannabis company based out of Canada,…

WednesdayFeb 03, 2021 1:55 pm

RYAH Group Inc. Partners with THC Lab to Launch Dose-Measuring Inhaler and Data Analytics Platform in Italy, Netherlands

Agreement between RYAH, THC Lab outlines parameters for launch of RYAH’s IoT dose-measuring Smart-Inhaler Aim of agreement is to reach hundreds of pharmacies, establish RYAH as the market standard for vaporizing The two companies also planning to work together on controlled research, bioavailability testing projects RYAH Group, a leading digital health care analytics and technology company, has entered into a research-and-distribution arrangement THC Lab, which specializes in providing products and services to compounding pharmacies in Italy and other European countries in the specific field of medical cannabis (https://cnw.fm/9S8To). The agreement outlines the parameters for the launch of RYAH’s IoT dose-measuring…

WednesdayFeb 03, 2021 4:20 am

420 with CNW — Locations with Cannabis Dispensaries Recorded Fewer Opioid Fatalities, New Research Says

A new study has shown that a significant decline in deaths related to opioids is linked to improved access to cannabis dispensaries. The study, which was reported in the “British Medical Association” journal, concluded that higher counts of recreational and medical dispensary stores were connected with decreased opioid-related mortality rates, particularly deaths linked to synthetic opioids such as fentanyl. The study adds that the discovery holds for both recreational and medical dispensaries. The researchers examined the prevalence of marijuana dispensaries and opioid death rates in 23 states between the years of 2014 and 2018. The researchers discovered that, in general,…

TuesdayFeb 02, 2021 4:20 pm

420 with CNW — Could Canna-Tourism Trigger Economic Recovery?

Just as the global economy was finally recovering from the 2007–2008 financial crisis, the coronavirus pandemic struck, effectively plunging the world into the worst recession since World War 2. International travel came to a near-total standstill as countries tried to prevent the virus from entering their borders, disrupting global supply chains. The resultant lockdown and self-distancing orders were devastating for most industries; one of the hardest hit was the hospitality sector, which shouldered millions of lost jobs. The cannabis industry fared relatively well, on the other hand, with cannabis companies reporting month-over-month sales records even as the pandemic ravaged the…

TuesdayFeb 02, 2021 3:36 pm

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Is ‘One to Watch’

XPhyto Therapeutics Corp. is a bioscience accelerator focused on next-generation drug delivery, diagnostic and new active pharmaceutical ingredient investment opportunities The company has research and development operations in North America and Europe and an operational focus in Germany XPhyto’s operations are concentrated into three core divisions: infectious disease diagnostics, clinical development of transdermal and sublingual drug formulations, and psychedelic medicine The company’s lead diagnostic product is an accurate, rapid and highly portable PCR diagnostic test system being evaluated in Europe for the detection of COVID-19 XPhyto’s German subsidiary, Vektor Pharma TF GmbH, is advancing four therapeutic programs targeting neurological indications;…

TuesdayFeb 02, 2021 2:58 pm

CannAssist International Corp. (CNSC) Proprietary Tech Is Core of CBD Products with Better Absorption

Absorption vital component of product effectiveness CNSC's proprietary CiBiDinol technology is cannabidiol made water compatible Xceptol products offer CBD in format more in line with body's natural bioactivity CannAssist International (OTCQB: CNSC) is a biotechnological pharmaceutical and wellness company marketing its exclusive Xceptol consumer brand. The company is the owner of Xceptor Labs, which uses proprietary technology to create Xceptol CBD products. The company complex has better absorption than currently marketed oil-based products — a key advantage when assessing products' effectiveness. Drug absorption, or the way a drug is absorbed into the bloodstream, is a vital component in the effectiveness…

TuesdayFeb 02, 2021 4:20 am

420 with CNW — Study Shows Medical Marijuana Beneficial to Parkinson’s Patients

The health and medical field is seeing an increased interest in the use of medical marijuana to reduce symptoms of various ailments such as Parkinson’s disease, now that the herb has been legalized in many regions across the globe. Results from a survey of Parkinson’s disease patients from Germany show that more than 8% of patients with the disease admitted to using marijuana products and more than half of those users, who made up roughly 54%, revealed that the products had been clinically beneficial. Marijuana products that contain THC, which is the primary psychoactive compound in marijuana, are allowed to…

MondayFeb 01, 2021 4:20 pm

420 with CNW — Utah Begins Medical Marijuana Home Deliveries

When the coronavirus pandemic struck, the cannabis industry was left in a precarious position. Although most states that have legal cannabis markets declared the young industry essential, medical cannabis patients were at great risk every time they headed out to get their medicine. Plenty of them are either elderly, immunocompromised, or both, putting them at an even greater risk of infection and suffering severe symptoms. To help keep both patients and staff safe, some states began allowing cannabis home deliveries. In Utah, medical marijuana couriers have started making deliveries of medical cannabis orders to patients’ homes. The state first allowed…

MondayFeb 01, 2021 3:32 pm

Gage Cannabis Co. Continues Growth Trajectory, Opens Grand Rapids Location to Eager Community

Gage opens its Grand Rapids, Michigan store — the company’s sixth provisioning center in the state Store offers more than 40 exclusive strains of flower in addition to variety of pre-rolls, edibles, concentrates, topicals, tinctures, CBD products and more Gage has single focus: to curate highest-quality cannabis experience possible for its consumers Gage Cannabis kicked off 2021 with a bang — opening its sixth provisioning center (dispensary) in Michigan and the first in West Michigan (https://cnw.fm/Q1Xb5). Gage Cannabis is a leading high-quality craft cannabis brand in Michigan. “As a lifelong resident of Grand Rapids, I’m thrilled to introduce my hometown to Gage,”…