NewsRoom Articles - Page 306 of 610

WednesdayJan 06, 2021 4:20 pm

420 with CNW — Children with Severe Illnesses May No Longer Access Prescription Medical Cannabis After Brexit

The Brexit transition period ended on Jan. 1, 2021, and with it, British children accessing prescriptions for medical marijuana also ended. In December 2020, the UK Department of Health and Social Care sent a letter to patient groups, clinics and stakeholders stating that once the transition period was over, prescriptions issued in the United Kingdom would not be honored by member states of the European Union. This means that children who are severely epileptic and rely on medical marijuana will not be able to access the treatment they require, seeing as the medical cannabis supply chain is based in the…

WednesdayJan 06, 2021 2:03 pm

Pure Extracts Technologies (CSE: PULL) Draws Out Expansion Plans in Anticipation of Regulatory Changes Within Mushroom Sector

Pure Extracts Technologies Corp. has announced plans to expand, build fourth unit in dedicated towards research, development of psilocybin Announcement on its expansion plans come shortly after the Company revealed it plans to apply to Health Canada for a Dealer’s License Award of Dealer’s License would allow Pure Extracts to cultivate, harvest and procure controlled substances and carry out research into psychedelic compounds such as psilocybin and psilocin – paving way towards future commercialization of its product The Dealer’s License application has taken on increased relevance following Health Canada’s decision to revise existing regulations to permit certain authorized uses of…

WednesdayJan 06, 2021 12:58 pm

CannAssist International Corp.’s (CNSC) Proprietary CiBiDinol Technology Promises to Outperform Conventional CBD Oil for Superior Pain-Relief

Market for CBD-based pain relief products is growing rapidly, projected to reach $20 billion by 2024 CNSC is a biotech company that produces fast-acting CBD products under the Xceptol brand Xceptol products are formulated with exclusive technology that increases absorbability, bioavailability, shelf life Third-party testing on Xceptol suggests 400% increase in skin penetration, 300% increase in gut absorption when compared to regular oil-based CBD CannAssist International (OTCQB: CNSC), owner of Xceptor Labs, is a biotechnological pharmaceutical and wellness company marketing the Xceptol consumer brand - a line of cannabidiol (“CBD”) products that promises increased absorption, bioavailability and longer shelf life.…

WednesdayJan 06, 2021 4:20 am

420 with CNW — 2021 Predictions for the Marijuana Industry

While the world crumbled under the weight of a worldwide pandemic and the worst economic crisis seen in more than a century, the cannabis industry escaped relatively unscathed. The sector broke sales records month over month, and by the end of the year, five additional states had approved cannabis legalization legislation while the House of Representatives had passed a bill to federally decriminalize cannabis. The year 2020 proved that cannabis could be quite resilient, especially in the face of a historic recession, and that a majority of Americans support cannabis legalization. In 2021, we can expect additional federal medical cannabis…

TuesdayJan 05, 2021 4:20 pm

420 with CNW — Researchers Create Cannabis-Based, Anti-Aging Spray

Researchers have developed an anti-aging skin spray created from super-strength marijuana; the spray is said to be revolutionary. Researchers at Dolce Cann Global, an Australian marijuana company, have created various cannabis strains comprised of a mix of cannabinoids with significantly stronger anti-inflammatory properties as compared to normal CBD. Wellfully, a wellness company, has partnered with Dolce Cann Global to obtain the rights that would allow the companies to use these strains to produce products to fight arthritis, acne, aging and skin blemishes through established drug-delivery systems. By combining exclusive cannabis strains, beauty, technology and science, the objective of the partnership…

TuesdayJan 05, 2021 4:20 am

420 with CNW — German Pharmacies Now Have Access to Medical Cannabis from Australia

Extracts and flowers of cannabis that were produced in Australia by two different companies are now available to the public in the medical marijuana market of Germany for the first time. The flower is cultivated by (ANTG) or the Australian Natural Therapeutics Group, which is based in New South Wales. The flower was imported and batch released by Cannamedical, a company based in Cologne, Germany. It is under the Indica forte brand, owned by Cannamedical, that the company sells cannabis flowers and extracts to medical cannabis pharmacies in Germany exclusively. The products’ batch-release certificate shows that the goods contain almost…

MondayJan 04, 2021 4:20 pm

420 with CNW — Legal Cannabis Cultivators Look Back on a Challenging 2020

The year 2020 will undoubtedly go down as one of the most challenging years legal cannabis cultivators have seen in recent times. A worldwide pandemic that claimed more than 1.5 million lives and brought the global economy to its knees coupled with wildfires and early freezes made 2020 a tough year for plenty of growers. With the nascent cannabis space already dealing with issues such as lack of access to banking services and a constantly changing regulatory environment, the landscape was already challenging for legal growers. Despite these issues, the sector has generally seen increased sales, with cultivators reporting higher…

MondayJan 04, 2021 4:20 am

420 with CNW — Maryland State Legislator Pre-Files Cannabis Legalization Bill

A Maryland legislator who is a lead proponent for cannabis reform in the House of Delegates has pre-filed a legalization bill that could lay the groundwork for the state’s legal cannabis industry. If it is passed, the bill would legalize and regulate marijuana, allow state licensed businesses to sell cannabis products, expunge past cannabis-related convictions and re-invest in communities that were disproportionately affected by the decades’ long war on drugs. According to Del. Jazz Lewis, who pre-filed the cannabis legalization bill titled HB0032, his office is still working on the legislation and some elements “are subject to change.” He introduced…

ThursdayDec 31, 2020 4:20 pm

420 with CNW — Sales Data Shows Americans Spent 67% More on Cannabis This Year

Revenue and tax data acquired from different states shows that sales of adult-use and medical cannabis in the United States has grown by 67% this year, owing to the coronavirus pandemic and the subsequent lockdown that was implemented. The data shows that this year, Americans bought $17.9 billion worth of marijuana product, a significant increase from cannabis product sales last year, which totaled approximately $10.7 billion. Washington DC and 15 other states have legalized marijuana for use by adults while medical cannabis is legal in 37 states in the United States. On the onset of the pandemic, many in the…

ThursdayDec 31, 2020 4:20 am

420 with CNW — Cannabis Delivery Firms Thrive Despite COVID-19 by Implementing Models Used by Black Market

Arguably the biggest health crisis the world has seen in a century, the coronavirus pandemic has crippled industries around the world. However, while the tourism, business travel and hospitality sectors shouldered millions of job losses over the course of the year, the nascent cannabis industry has weathered the pandemic fairly well. In the United States, most states deemed the sector essential, allowing cannabis dispensaries to continue their operations, albeit with COVID-19 health measures in place, such as online ordering, curbside pick up and home deliveries. Despite several states legalizing cannabis in various forms, the cannabis black market is still thriving,…