Tag: Cannabis News Wire

420 with CNW — Another Push Is Underway in Florida to Legalize Recreational Cannabis

Floridians could be able to purchase and use recreational cannabis legally in the next few years if a proposed constitutional amendment that was filed last week is successful. Backed by country-music duo the Bellamy Brothers and Trulieve, currently the largest medical-cannabis operator in Florida, the measure would legalize the use of recreational marijuana by people aged 21 and older. The…

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH Capable of Delivering APIs More Efficiently by Overcoming Food Effect

Lexaria Bioscience Corp. (NASDAQ: LEXX) recently announced the allowance of a new patent in Japan, the fourth to be granted in that country and the 26th worldwide. “Entitled Lipophilic Active Agent Infused Compositions with Reduced Food Effect, this is the first patent issued from Lexaria’s seventh patent family and refers to tetrahydrocannabinol (‘THC’). The new patent acknowledges DehydraTECH(TM)’s ability to…

CannabisNewsBreaks – Cilicon, Vape-Jet Collaborate to Deliver Intelligent, Integrated Vaporizer Solution

Cilicon, a global provider of cannabis vape hardware, together with Vape-Jet, a U.S.-based infrastructure platform for cannabis oil-filling, today announced the forming of an official partnership to provide an intelligent, one-stop product solution for global cannabis brands. With a mutual understanding of the value of technology for business growth in today’s digital economy, Cilicon and Vape-Jet have launched services for…

420 with CNW — Study Finds Marijuana Legalization Reduces Incidents of Synthetic Cannabinoid Poisoning

Although synthetic cannabinoids such as Spice and K2 are much more potent than natural cannabinoids, they are often mixed with dangerous chemicals, including stimulants, blood thinners and opioids that can make them deadly. An outbreak of synthetic cannabinoids contaminated with anticoagulants in 2018 caused excessive bleeding that affected more than 300 people and took at least eight lives. A study…

CannabisNewsBreaks – AmeriCann Inc. (ACAN) Reports Record Net Income, Revenue

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, has released its financial and operational results for its fiscal quarter ending June 30, 2022. According to the company, July revenue set an all-time monthly record. Numbers showed a significant increase in year-over-year quarterly net income and revenue, with both being records for the Company for…

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases Financial Results for H1 2022

Flora Growth (NASDAQ: FLGC), a manufacturer and distributor of global cannabis products and brands, is reporting its financial and corporate results for the six months ending June 30, 2022. Highlights of the report include revenue for the company increasing 604% from the same period last year, reaching ~$15 million while gross profit for the company increased to ~$7 million, an…

Lexaria Bioscience Corp. (NASDAQ: LEXX) Enters Four Partnerships, Boosts ‘Revenue Picture’

Lexaria Bioscience, a global innovator in drug delivery platforms, recently announced partnerships with Premier Wellness Science Co., BevNology, AnodGen Bioceuticals, and Valcon Medical A/S According to coverage by Zacks Small-Cap Research, who value Lexaria at $15 per share, the most impactful of these partnerships is with Premier because the company is expected to start paying license fees in early September…

420 with CNW – Report Says Senate Intelligence Committee Chair Toned Down Cannabis Amendment to Ease Bill Passage

Cannabis reform is still quite controversial. Reform activists have had a hard time getting reform past lawmakers who oppose cannabis for a variety of reasons. In many cases, they have been forced to give up certain provisions in their cannabis initiatives to make them more palatable to Republican and Democratic lawmakers who were withholding their support. A recent report from…

420 with CNW — NIH Seeks Input on Cannabis Research Barriers

In a request for information published last week, the National Institutes on Health (NIH) indicated that marijuana has been used for thousands of years for therapeutic purposes despite the lack of sufficient data supporting such medicinal use. The agency is now looking to identify the barriers that have been making it hard for the scientific community to study this plant…

Cannabis Conference Announces Day 2 Keynote Presenter: Mitch Baruchowitz of Merida Capital Holdings

Cannabis Conference 2022, produced by the award-winning Cannabis Business Times (CBT) media brand, will take place August 23-25 at Paris Las Vegas. Cannabis Conference, the industry’s leading educational and expo event for plant-touching cannabis businesses, taking place Aug. 23-25 at Paris Las Vegas, is pleased to announce the Day 2 Keynote: “From Pioneering Founder to Foundational Investor: Mitch Baruchowitz Shares Crucial…