August 2019 - Page 4 of 9 - CannabisNewsWire

WednesdayAug 21, 2019 11:53 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Applies for Nasdaq Listing, Announces Quarterly Highlights

The Green Organic Dutchman has applied for listing of its common shares on the Nasdaq The company announced quarterly and half-yearly financial and operational results for the periods ended June 30, 2019 Progress of its construction efforts at two sites was included on a list of corporate highlights The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) recently announced that it has applied for a listing of its common shares on the Nasdaq. The listing will require numerous regulatory moves on the part of the company, including registration of the common shares and a confirmation by the Nasdaq that TGOD has…

WednesdayAug 21, 2019 4:20 am

420 with CNW – Maryland Court Rules Marijuana Smell Not Enough to Warrant a Body Search

The winds of change regarding marijuana laws around the country have evoked the lyrics of Bob Dylan when he wrote “The Times They Are a-Changin’” nearly 60 years ago. In fact, a court of law in Maryland quoted those very lyrics during its landmark ruling in a marijuana case in which the police was told they didn’t have “probable cause” to search the appellant just because the officers could smell pot. This landmark ruling traces its roots to the arrest of Michael Pacheco back in 2016. The 26-year old had been found in his parked car in Montgomery County. The…

TuesdayAug 20, 2019 4:20 pm

420 with CNW – New Zealand Study Concludes Teens Are Losing Interest in Marijuana

A study whose findings were published in the New Zealand Medical Journal on Friday suggests that marijuana use among high school students is exhibiting a downward trend. This study comes to the same conclusion as another study that was conducted in the U.S. According to the New Zealand study, the proportion of high school students who admitted that they tried using marijuana dropped to 23 percent in 2012 from the 38 percent recorded in 2001. The proportion of students who admitted to using marijuana on a weekly basis also reduced from approximately 6 percent in 2001 to 3.1 percent in…

TuesdayAug 20, 2019 11:41 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Drug-Delivery Platform Could Help Smokers Stub Cigarettes

Lexaria recently announced its entry into a partnership with a tobacco giant to fund the research and development of oral nicotine delivery solutions The company received a cannabis R&D license from Health Canada LXRP also announced its receipt of four new patents and its launch of ChrgD+ Many consumers don’t realize that they don’t need to smoke to partake of nicotine. In fact, new advancements are providing an alternative to the risks associated with smoking, which were first officially revealed by a damning surgeon general report in 1963 linking smoking to lung cancer, emphysema and heart disease. Case in point,…

TuesdayAug 20, 2019 4:20 am

420 with CNW – Canadian Startup Makes Headway in Developing Marijuana Breathalyzer for US Police

Y-Combinator, a startup accelerator based in California, has picked interest in an Ontario-based startup which is developing a breathalyzer that can detect both alcohol and marijuana on the breath of drivers. Y-Combinator is known for having worked with Airbnb, Dropbox and Reddit, so the Canadian startup should be given ample attention if it has caught the eye of this startup accelerator. SannTek Labs Inc. is the company behind the breathalyzer. This company was founded by two engineering graduate students at the University of Waterloo. The duo plan to develop a testing device which is more robust, more accurate and less…

MondayAug 19, 2019 4:20 pm

420 with CNW – Marijuana Legalization Takes a Step Forward in South Dakota

South Dakota is one of the few states in the U.S. that hasn’t legalized marijuana for either recreational or medicinal use. However, this may change if the recent flurry of activity to certify legalization measures eventually bears fruit on voting day in 2020. One particular ballot measure has recently earned an official explanation written by the state’s attorney general. This measure is a rather ambitious one because it seeks to legalize medical marijuana, recreational marijuana and industrial hemp, all in one fell swoop. The recreational use of marijuana would be legalized through an amendment to the state constitution while the…

MondayAug 19, 2019 1:07 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) R&D Finds Lack of Adverse Chemical Byproducts in Manufacture of Drug Delivery Compositions

Lexaria Bioscience is involved in the research and improvement of its trademarked DehydraTECH technology, which enhances the bioavailability of some legal drug substances used by consumers The technology provides a rapid-on, rapid-off effect that may be effectively used in cannabis-infused edibles and beverages as an alternative to mind-altering substances such as alcohol and cannabis New research has boosted Lexaria’s hopes, with findings that show no adverse NME chemical compositions were formed in several rounds of in-depth testing The company recently formed a collaboration with Hill Street Beverage Company to make cannabis-infused alternatives to alcoholic beverages By 2024, cannabis-infused beverage sales…

MondayAug 19, 2019 12:38 pm

Marijuana Company of America Inc. (MCOA) Offers Unique Opportunity for Cannabis Consumers to Become VivaBuds ‘BlazeMasters’

MCOA’s virtual launch party introduced VivaBuds, a premium cannabis delivery service that will initially deliver to the San Fernando Valley in Los Angeles County Attendees were treated to a live tour of the VivaBuds website, VivaBuds swag giveaways and an invitation to become one of VivaBuds’ first customers VivaBuds offers the option for customers to become ‘BlazeMasters’ and build their own personal cannabis businesses by utilizing a ‘call your friend’ approach MCOA’s joint venture subsidiary, Covered Bridge Acres Ltd., produced a first harvest from its hemp farm in Scio, Oregon, that generated revenues of $525,000 Marijuana Company of America Inc.…

MondayAug 19, 2019 11:58 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Media Attention following Release of Strong Results

Organigram’s Q3 results marked its fourth quarter in a row of positive adjusted EBITDA* A Bloomberg article states that the company is an outlier due to its high margins and low production costs Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) stands out from other Canadian cannabis companies due to the fact that it has registered four quarters of positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), as a Bloomberg article about the enterprise reads (http://cnw.fm/sBS4g). Adjusted EBITDA is a non-IFRS measure. For more information, see the company’s latest MD&A. Organigram’s Q3 and fiscal year-to-date results represent some of the…

MondayAug 19, 2019 11:27 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Definitive Acquisition Agreement, Set to Strengthen Global Position

The Supreme Cannabis Company Inc. is Canada’s only coast-to-coast premium cannabis producer Supreme’s wholly owned subsidiary produces sustainably scaled, high-quality cannabis yields The company has entered into a definitive agreement to acquire Truverra Inc. The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) works with an eye to providing the world’s best cannabis products and emerging as a top competitor in the cannabis marketplace. As Canada’s only coast-to-coast premium cannabis producer, Supreme is engaged in widespread distribution and has an expert team of passionate professionals and employees. Furthermore, Supreme Cannabis secured a place among the highest revenue-recording, publicly…

News and publishing service for cannabis related companies

Contact us: 512.354.7000

Month: August 2019