July 2021 - Page 3 of 8 - CannabisNewsWire

FridayJul 23, 2021 10:00 am

American Cannabis Partners Replicates Jamaican Ganja Growing IP in Recreational Use-legal States

American Cannabis Partners (“ACP”) is a Northern California-based organic cannabis cultivation company that has assimilated the strengths of Jamaica’s marijuana growing reputation to create a stable and distinctive brand The company primarily employs rigorously vetted Jamaicans experienced and knowledgeable in growing strains of product that recreate the Caribbean Island’s product for licensing and sales under ACP’s ZÜK brand The overall cannabis industry is growing rapidly in the United States, with an anticipated market valuation of $30 billion by 2025 Ironically, it’s more difficult than ever to get Jamaica’s famed marijuana in the Caribbean because of pandemic-related factors plus a devastating…

FridayJul 23, 2021 9:30 am

The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Record Revenue Streak Continues

The company’s FY 2021 numbers show record revenue of $46 million, a 20% year-over-year increase WTER issues guidance for the full FY 2022 of $62 million, which would represent year-over-year growth of 35% In addition to significant financial highlights, the FY 2021 report noted key operational milestones As The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER) continues its focus on consistent growth and expansion, its financial reports are tangible proof of the success of those efforts. The company’s FY 2021 numbers show record revenue of $46 million, a 20% year-over-year increase for the country’s largest independent alkaline water company (https://cnw.fm/1Ymfg).…

FridayJul 23, 2021 9:00 am

Popularity of Delta-8 THC and Novel Premium Strains Reveal Emerging Consumer Markets for Genetics-Focused Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM)

Delta-8 THC among many new strains gaining popularity with consumers in rapidly growing cannabis market Studies suggest optimized cannabinoid profiles play role in efficacy, strains can be optimized for recreational and medical uses Pac Roots leverages genetics-first approach to produce superior strains with optimized cannabinoid profiles, resistance to fungus, maximum yields With promises of pain relief, minimal paranoia and a milder euphoric effect, Delta-8 THC is emerging as a gentler alternative to traditional marijuana that is high in Delta-9 THC - the psychoactive component found in conventional cannabis (https://cnw.fm/t6wkl). Through its genetics-first cultivation approach, Pac Roots Cannabis (CSE: PACR) (OTCQB:…

FridayJul 23, 2021 9:00 am

Test Results Boost Lexaria Bioscience Corp. (NASDAQ: LEXX) Potential in Enhancing Antiviral Drugs

Lexaria Bioscience has completed a study conducted by Canada’s National Research Council for the use of its DehydraTECH IP with five drugs known to target the main protease associated with SARS-CoV-2 infection, including remdesivir The SARS-CoV-2 infection is the underlying force behind the COVID-19 pandemic that has killed millions of people during the past year and currently has begun trending toward a rising infection rate again DehydraTECH technology helps drugs gain better bioavailability through quick and effective introduction into patients’ bloodstreams using oral administration as opposed to injections The recent study results demonstrate that DehydraTECH-processed remdesivir, ebastine, bepridil, rupintrivir, and…

FridayJul 23, 2021 4:20 am

420 with CNW — Marijuana Could Have Origins in China, Study Says

After being outlawed in most regions across the world for decades, cannabis is coming out from under the yoke of prohibition. It has been a slow process and although the sector has shown that it has plenty of potential, cannabis still has a long way to go. However, researchers are finally getting the chance to run more in-depth studies on cannabis, and they are uncovering plenty of interesting information. For starters, a recent study has found evidence pointing to China, specifically the northwest region of China, as home to the first domesticated cannabis and hemp. The common assumption is that…

ThursdayJul 22, 2021 4:20 pm

420 with CNW — Senator Files Bill to Protect Licensed Marijuana Extractors from Eviction

Although the past decade has seen America's state legal cannabis industry experience major growth, federal law has consistently held the sector back. Cannabis is classified as a Schedule I controlled substance, and this classification has been a constant barrier for both businesses in the cannabis space and the clients they serve. Fortunately, an increasing number of lawmakers have noticed the plight of the cannabis sector, which has provided states with millions of dollars in tax revenue, and they have been working to give the space more protections. After an affordable housing bill failed to advance in Congress last month, Senator…

ThursdayJul 22, 2021 10:00 am

Hero Technologies Inc. (HENC) in Position to Contribute to $92B Economic Boost Projected to Come from Cannabis Sector

A recent analysis reports that the cannabis sector is projected to add approximately $92 billion to the general U.S. economy this year From jobs to tax revenue to commercial real estate, the marijuana industry has a growing impact on broader U.S. economy Hero Technologies is planning expansion in cultivation and dispensary operations Companies operating in the cannabis space in the United States sometimes have to deal with negative stereotypes and news, but this week, cannabis headlines focused on the positive. A recent MJBizFactbook analysis reports that the cannabis sector is projected to add approximately $92 billion to the general U.S.…

ThursdayJul 22, 2021 4:20 am

420 with CNW — Study Finds Cannabis Terpenes Relieve Pain, Play Role in “Entourage Effect”

Cannabinoids are a range of compounds produced by plants in the cannabis family with THC, the main psychoactive component in marijuana, being the most abundant as well as the most well-known. Most of these compounds, including THC, have been found to have a variety of health benefits, with most of them producing minimal to zero psychoactive effects. For quite a while, there has been a theory about how cannabis, when consumed as a whole, is much more effective compared to when the cannabinoids are taken separately. Dubbed the “entourage effect,” this theory states that the sum of the cannabis plant,…

WednesdayJul 21, 2021 4:20 pm

420 with CNW — Emergency Hospital Visits Related to Opioids See Temporary Decline After Cannabis Is Legalized

Since 1999, nearly 841,000 people have died from a drug overdose, with synthetic opioids being responsible for 72.9% of these deaths. The opioid crisis has taken hundreds of thousands of lives over the past two decades, and with people becoming increasingly aware of the long-term consequences of using opioids, there has been increased interest in alternative pain relievers. Cannabis is one such alternative, and as more than 30 states have legalized it for either medical or recreational use, more people have been abandoning opioids and turning to the controversial plant for pain relief. There were, and still are, many objections…

WednesdayJul 21, 2021 9:00 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Looks to Leverage Position in Growing Infused-Cannabis Space

New numbers project that cannabis beverage market will reach $2.8 billion by 2025 Increasing demand for the health and wellness drinks is contributing to market growth BevCanna’s scalable, flexible manufacturing process provides white label solutions for third-party companies A new report that forecasts the cannabis beverage market will grow at 17.85% CAGR by 2025 has companies such as BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) anticipating increased numbers as well (https://cnw.fm/O7FOa). A leader in the space, BevCanna is looking to leverage its position in the growing market as a white label manufacturer of infused-cannabis beverage brands. According to a…

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Month: July 2021