NewsRoom Articles - Page 290 of 603

MondayFeb 22, 2021 4:20 am

420 with CNW — Medical Marijuana Shares Off to a Great Start on London Stock Exchange

Marijuana shares in the UK have been rising quickly, with investors now looking toward a new investment class in the market: medical marijuana shares. Last week, MGC Pharma, which is London’s first marijuana stock, debuted on the London Stock Exchange. The firm raised £6.5 million ($9 million) on its premiere, with the stock moving to 4.25p (59 cents) a share from a 1.475p (25 cents) per share opening price. This left the company with a market cap of more than £75 million ($104 million). In a way, the increase in the London stock mirrored the American market, when investors from…

FridayFeb 19, 2021 4:20 pm

420 with CNW — Why Cannabis Concentrate Sales Are Booming

Despite a pandemic ravaging the global economy last year, the cannabis industry survived relatively unscathed. In most states where legal marijuana markets categorized the controversial crop as essential, cannabis sellers were allowed to continue their operations amid lockdown orders. But while cannabis flower enjoyed consistently high sales numbers, cannabis concentrates were also carving out a market for themselves. Comparing sales data collected from January to November 2020 to data collected over the same period the year before, data analytics firm Headset found that there was a 40% surge in marijuana concentrate sales in states such as Colorado, Nevada, California and…

FridayFeb 19, 2021 11:38 am

Ryah Group Inc. Making Digital Transformation in the Lab a Reality

Company has completed steps necessary to achieve, sustain competitive advantage in move towards remote-health solutions and trials RYAH technology optimizes patient feedback so medical trials, studies can move into remote solution zones Recently developed an integrated, customized mobile application to support a major clinical study in the United Kingdom RYAH created cloud of stored data to help with R&D of future medical treatments RYAH Group, a leading digital health-care analytics and technology company, is on a mission to advance the world’s transition to remote-health solutions and data analytics in patient treatments. The company believes that, when patients are given more…

FridayFeb 19, 2021 10:46 am

CannAssist International Corp. (CNSC) Sees Product Popularity Grow as Professional Athletes Switch to CBD for Pain Relief

CBD-based products have become increasingly popular among professional athletes, primarily due to pain-relieving, anti-inflammatory qualities CannAssist International's Xceptor Labs is an active player within the CBD-based product sector through the development of its proprietary CiBiDinol technology CiBiDinol's technology, using a water-soluble carrier, developed an encapsulation process to deliver unchanged CBD molecule through cell's watery matrix Xceptor Labs has seen rapid uptake in products' popularity, with ten products now available for sale online When three-time National Football League tight end Rob Gronkowski first announced his retirement from professional football, he attributed part of the decision to the heavy toll that injuries and…

FridayFeb 19, 2021 10:12 am

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Is ‘One to Watch’

Golden Leaf Holdings Ltd. is licensed in Oregon and Nevada, with partnerships in manufacturing and distribution in California The Chalice Brands offer full lines of cannabis products grown organically and by local growers The company offers production, processing, wholesale distribution and retail operations within the cannabis industry Golden Leaf Holdings reported sales growth during the pandemic, recording revenue of $6.2 million in Q3 2020, an increase of 42% from Q3 2019. At the end of the third quarter, the company had exceeded total fiscal 2019 revenues The cannabis market is forecast to achieve a CAGR of 18.1%, climbing to a…

FridayFeb 19, 2021 4:20 am

420 with CNW — Goldleaf Guided Journals: The Best for At-Home Marijuana Growers

If you have an obsession with buying notebooks, or just like them generally, and you also like and grow your own medical cannabis, then a Goldleaf guided journal may be perfect for you. A Goldleaf guided journal is a minimalist notebook for marijuana home-growers as well asrecreational and medical users of the plant. Each journal comes with industry and medical advice supported by experts, ideal information for individuals who may be looking to deepen their understanding about the medicinal plant. In particular, the grow planner adheres to marijuana farmers’ tradition of taking comprehensive notes to help compare the failures and…

ThursdayFeb 18, 2021 4:20 pm

420 with CNW — Appeals Court Rules That Probationers in Michigan Can Use Medical Cannabis

In June 2019, 39-year-old Michael Thue was involved in a road rage incident, ultimately pleading guilty to assault and battery. Thue, who is a state-registered medical cannabis patient, was given a year of probation as part of his sentence and ordered not to use medical marijuana during the year of probation. He fought the bond condition, lost and took the case to the Court of Appeals, resulting in a historic and precedent-setting ruling by the court. The Court of Appeal judges unanimously ruled in a 3–0 vote that Michigan judges could not prevent state-registered medical marijuana patients from using medical…

ThursdayFeb 18, 2021 10:04 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Enters Large Cannabis Biomass Agreements to Scale Up Extract Production, Announces DTC Eligibility of Common Shares in the U.S.

Pure Extracts entered into two large biomass purchase agreements, plans to ramp up production of high-potency THC and CBD extracts in 2021 Company expects historically low biomass purchase price will produce $590,000 revenue Company recently announced DTC eligibility of common shares for increased settlement and clearance speeds, wider access to brokerage firms Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company that focuses on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelics sector, recently entered into two substantial cannabis biomass purchase agreements (https://cnw.fm/XYzBs) in addition to announcing that its common shares are now eligible for electronic clearing…

ThursdayFeb 18, 2021 4:20 am

420 with CNW — Iowa Legislators Pass Bill Slashing Fees Paid by Medical Cannabis Patients

Thanks to a new bill advancing in the Iowa Senate, Iowans may soon be paying only $10 every year in medical cannabis license fees instead of the $100 a year they currently pay. The bill will also allow the licensing of more medical cannabis dispensaries beyond the five currently allowed by law as well as the creation of mobile dispensaries to cater to the state’s medical marijuana patients. Additionally, Senate Bill 1177 will allow medical cannabis dispensaries to recommend physicians who can prescribe medical cannabis to patients, something current law prohibits. However, a subcommittee of the Senate noted that lawmakers…

WednesdayFeb 17, 2021 4:20 pm

420 with CNW — Utah Introduces New Bills to Improve Medical Marijuana Program

Two bills in Utah’s state legislature may bring change to the state’s medical marijuana program. Since the state’s voters passed a bill approving medical marijuana in 2018, the medical program has slowly started progressing. However, it has faced various challenges, which legislators have tried addressing through legislations. One of the legislations follows 2019 research conducted by FOX 13, which discovered that patients who qualify to use medical cannabis find it hard to find doctors who will prescribe it. This has caused many individuals frustration and also allowed the development of specialized medical marijuana clinics, which charge unreasonably high prices because…