April 2021 - Page 5 of 7 - CannabisNewsWire

MondayApr 12, 2021 2:13 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Signs Letter of Intent to Co-Develop Psychedelic Mushroom-Based Psilocybin Formulations

PULL signs Letter of Intent with Psyence Group to co-develop extraction techniques for production of psilocybin drug formulations Psyence is one of world’s first psychedelic mushroom companies operating a federally legal commercial cultivation and extraction facility PULL operates best-in-class processing infrastructure under Standard Processing License by Health Canada Near term milestones include Canada-based human clinical trials Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, recently signed a Letter of Intent with the Psyence Group to develop premium extraction techniques for the production of…

MondayApr 12, 2021 1:05 pm

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Files First Order for Rapid COVID Test Kits Amid European Regulatory Approval

Bioscience technology accelerator XPhyto Therapeutics Corp. recently announced it had placed its first order for its Covid-ID Lab rapid, portable virus test from its German development partner XPhyto received approval for the test kit last month from European regulators with oversight of in vitro diagnostic device (CE-IVD) use certification and the internationally agreed-on ISO 13485 medical product quality standards The Covid-ID Lab is designed to help beleaguered industries and government regulators quickly screen for the COVID-19 virus at point-of-care sites, and the company expects to begin sales and distribution in April XPhyto has just completed a rebranding effort that includes…

MondayApr 12, 2021 12:24 pm

Grapefruit USA Inc. (GPFT) Now Owns Trademark Rights for Hourglass Name, Logo

Company announces flagship product name, logo now protected intellectual property rights “Securing our trade name is another step forward in the dawning of the Hourglass era,” says CEO Grapefruit intends to apply for similar trademark protection when the federal government legalizes cannabis Grapefruit USA (OTCQB: GPFT), a fully licensed, California-based cannabis company, has secured California Trademark protection for its patented disruptive Hourglass(TM) THC/Cannabinoid time-release delivery cream. The trademark protection means that the Hourglass name and logo are now protected intellectual property rights of Grapefruit and no other cannabis companies can use them. “Obtaining our California Trademark protection for Hourglass is…

MondayApr 12, 2021 4:20 am

420 with CNW — Recreational Cannabis Bill Passes First Test in Connecticut

With more than 16 states already allowing the sale and consumption of recreational cannabis within their borders, Connecticut has now taken the first tentative steps towards establishing a legal recreational cannabis market. Last week, the state’s Judiciary Committee approved a bill that would legalize recreational cannabis with a 22 to 16 vote. Backed by Governor Ned Lamont, the legislation would legalize the sale and consumption of adult-use marijuana to individuals aged 21 and over. In his opening remarks, Judiciary Committee Chairman Steven Stafstrom mentioned that Connecticut has already legalized and regulated drugs such as alcohol and tobacco. He stated that…

FridayApr 09, 2021 4:20 pm

420 with CNW — Colorado to Raise Money for Disability Fund Through Auction of Cannabis-Themed License Plates

The state of Colorado seems to be embracing its reputation as a cannabis state, with officials of the state working on an auction that will sell marijuana-themed license plates in an attempt to raise money for a disability fund. Between April 1—20, residents in the state will have the chance to place their bids on vanity plates that have terms such as ISIT420, HEMP, GOTWAX, GANJA and BONG engraved on them. Bids on some of these plates will begin at $420, which most will agree is particularly fitting. The auctions’ proceeds will go to the Colorado Disability Funding Committee, which…

FridayApr 09, 2021 2:29 pm

RYAH Group Inc. Offers IoT Suite of Products Disrupting Future of Medicine

Every product features three parts: dosing device, formulation accessory and mobile app HIPPA-compliant cloud collects data along each step that is essential in tailoring personalized treatment plan RYAH offers multi-product ecosystem that provides remote-health solutions in patient treatment RYAH Group a digital health-care analytics and technology company, has developed an ecosystem of IoT products in its mission to advance the world's transition to remote-health solutions and data analytics in patient treatments (https://cnw.fm/EkHjl). Every product features three parts: the device, the formulation accessory (QR labeled product) and the mobile application. These parts work together to control the dosing while also capturing important…

FridayApr 09, 2021 4:20 am

420 with CNW — How New Cannabis Law in New York Could Impact Medical Marijuana

As March drew to a close, New York Governor Andrew Cuomo signed a bill to legalize recreational marijuana in New York, making it the 15th state alongside the District of Columbia to allow adult-use cannabis. The legislation will allow adults over age 21 to possess up to 24 grams of cannabis concentrate and 3 ounces of cannabis flower; adults will also be allowed to grow up to six cannabis plants at home. Additionally, the bill will automatically expunge prior cannabis offenses that are now considered legal. Medical cannabis patients in New York will be happy to know that the adult-use…

ThursdayApr 08, 2021 4:20 pm

420 with CNW — New Poll Finds That 75% of Americans Support Legalization of Marijuana

A survey conducted recently by The Hill and HarrisX found that three in four voters in America support either letting individual states decide on policies governing cannabis or legalizing cannabis nationally. The survey interviewed 1,882 voters between March 24 and 26, and shows just how much public opinion has shifted; the majority of Americans now support the end of federal prohibition. The survey asked the respondents their views on marijuana policy and provided three options to choose from: Marijuana should be illegal everywhere. States should decide on marijuana legalization. The federal government should legalize marijuana. An estimated 38% of the…

ThursdayApr 08, 2021 2:27 pm

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Commercialization Team Set to Launch Rapid POC COVID Test Solution

Bioscience technology accelerator XPhyto Therapeutics Corp. is working with development partner 3a-diagnostics GmbH to roll out its pandemic-related virus diagnostic tool for the European market planned in April The test solution, dubbed “Covid-ID Lab,” received European regulatory approval last month XPhyto’s product is designed to be portable and rapid in its response time to help decrease testing operation costs and increase convenience of use News reports about the COVID-19 pandemic reflect a growing optimism that vaccine, mask and distancing protocols may be helping to drive down infection rates, although the reports note the virus continues to have a deadly effect…

ThursdayApr 08, 2021 1:00 pm

Grapefruit USA Inc. (GPFT) Staking Claim in Cannabis History with Game-Changing Topical Cream

In an industry projected to reach $41 billion by 2025, Grapefruit is ideally positioned with disruptive topical cream Hourglass cream solves the problem of THC, other cannabinoids not being easily absorbable through the skin Proprietary system features patented microsized particles that deliver THC, wide range of cannabinoids through skin directly into bloodstream The cannabis industry is gaining steam, with recent projections that annual legal medical and adult-use product sales could reach $41 billion by 2025 (https://cnw.fm/na3ls). With that stunning growth as a backdrop, companies such as Grapefruit USA (OTCQB: GPFT) that are pioneering revolutionary products in the space appear to be particularly…