July 2021 - Page 7 of 8 - CannabisNewsWire

ThursdayJul 08, 2021 4:20 am

420 with CNW — Five Science-Based Benefits of Cannabidiol

Cannabis and cannabis extracts are becoming more popular as more states across the country legalize the plant for recreational and/or medical use. CBD, or cannabidiol, is a chemical compound that is extracted from the cannabis sativa plant. The compound can be consumed through edible consumption or smoke inhalation, in addition to being applied topically. It interacts with neuro-receptors in an individual’s endocannabinoid system, which send signals between the body’s cells to help regulate the immune system, homeostasis, mood and movement. Cannabidiol is usually extracted in oil form and has recently become popular because of its calming effects. Below are a…

WednesdayJul 07, 2021 4:20 pm

420 with CNW — Supreme Court Justice Slams Federal Cannabis Policy as Unstable, Contradictory

Until a decade or so ago, America's policy on cannabis had been outright prohibition. Marijuana was illegal to grow, produce or sell in nearly every state, and individuals who participated in any of these activities were subject to intense policing and harsh sentencing. Now more than 30 states allow some form of cannabis, and the industry has employed hundreds of thousands and provided states with millions of dollars in tax revenue. However, federal law still classifies marijuana as a Schedule I controlled substance, similar to hard drugs such as cocaine and heroin. Additionally, most states have different cannabis regulations, and…

WednesdayJul 07, 2021 12:03 pm

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Positioning Itself to Compete in US Functional Beverage Market

“Forbes” article notes that $20 million Naturo Group acquisition creates ideal situation for BevCanna expansion BevCanna boasts one of most unique, diverse portfolios of beverage and natural health products within both cannabis, plant-based industries Combination of two Canadian beverage industry leaders unlocks significant potential for growth As Canadian cannabis company BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) expands its infused functional beverage business into the United States, its deliberate, transformative strategy has garnered a mention in a recent “Forbes” article. Titled “BevCanna Expands in the U.S. Infused Functional Beverage Market Upon Acquiring Naturo Group,” the article noted that the…

WednesdayJul 07, 2021 4:20 am

420 with CNW — Fibromyalgia Patients Ditching Opioids for CBD to Manage Pain

Fibromyalgia is a disorder that presents as musculoskeletal pain accompanied by mood, memory, sleep and fatigue issues. This disorder has no cure, and while there are drugs that can help manage its symptoms, most don’t do the job perfectly. However, a new study conducted by researchers from the School of Medicine at the University of Michigan has found that patients with fibromyalgia may benefit from the use of products that contain CBD to manage pain. CBD, or cannabidiol, is a cannabinoid that is extracted from the marijuana plant that doesn’t induce the intoxicating effects of THC. This cannabinoid has been…

TuesdayJul 06, 2021 4:20 pm

420 with CNW — Congressional Committee Authors Report Urging Feds to Rethink Firing Employees Who Use Marijuana

Although federal law still classifies cannabis as a Schedule I controlled substance, more than 30 states have legalized it for either medical or recreational use. This classification has been a constant thorn in the industry's side, preventing businesses in the cannabis space from accessing crucial banking and financial services. Cannabis consumers have also been caught in the middle, with many of them being penalized by the federal government for actions that are considered legal in their home states. As such, a powerful Congressional committee has released a report urging federal agencies to reconsider firing employees for using state-legal marijuana. Alongside…

TuesdayJul 06, 2021 9:30 am

Hero Technologies Inc. (HENC) Is Leading Cannabis Player as Trend Moves Toward Greenhouse Cultivation

Greenhouse production continues to be the no. 1 tool for reducing initial operational costs. The report analyzed five years of data to identify key trends in the cannabis cultivation market. The average cost to grow a pound of dried flower was $396 for warehouse cultivation sites, only $233 for greenhouse sites. According to a recent five-year study of the cannabis industry, greenhouse production is a leading choice for cannabis cultivation companies (https://cnw.fm/1JlbG). The report, published by “Cannabis Business Times,” reaffirms the business strategy of Hero Technologies (OTC: HENC), a cannabis company that is focused on growing into a multistate, vertically integrated entity…

TuesdayJul 06, 2021 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) (CSE: LXX) Announces Milestone in Antiviral Delivery Platform Testing

Drug delivery platform developer Lexaria Bioscience has been testing its patented technology in conjunction with antivirals Remdesivir and Ebastine during the past year to determine the potential for enhancing their effectiveness against the COVID-19 virus Early-stage testing has determined Lexaria’s technology — DehydraTECH — did not inhibit Remdesivir and Ebastine in their use against the virus DehydraTECH is a technology that helps drugs gain better bioavailability through effective introduction into patients’ bloodstreams The DehydraTECH platform has also shown great potential in enhancing hypertension medication and additional trials are ongoing Pharmaceutical use and bioavailability innovator Lexaria Bioscience (NASDAQ: LEXX) (CSE: LXX)…

TuesdayJul 06, 2021 4:20 am

420 with CNW — Stuff You Should Know About Legal Cannabis in Michigan

In 2018, the state of Michigan became the first state in the Midwest to legalize recreational cannabis. The legislation, which went into effect in December of the same year, is known as the Michigan Regulation and Taxation of Marijuana Act. This move came a decade after voters in the state approved the Michigan Medical Marijuana Program. The program, which operates as a division in the state’s cannabis regulatory agency, is governed by different legislation and is detached from the agency’s medical and adult-use cannabis licensing division. While this isn’t a prescription, the law requires that only a physician of osteopathic…

FridayJul 02, 2021 4:20 pm

420 with CNW — UN Calls for Worldwide Ban on Cannabis Advertising

Every year, the United Nations’ (“UN”) drug division releases a drug report, offering policy recommendations regarding drug and drug use for its member nations. The 2021 World Drug Report, released by the UN Office on Drugs and Crime (“UNODC”), has urged a global ban on cannabis advertising, promoting and sponsoring. According to the report, as more territories have legalized marijuana and THC potency has continually increased, the perception of the drug's risks has reduced, especially among the youth. A comprehensive ban on all forms of marijuana advertising is in the best interest of public health, the report states, and a…

FridayJul 02, 2021 12:36 pm

Chalice Farms to Celebrate Cannabis Industry Holiday, National Oil Day, With Discounts on Concentrates, Dab Bus Pop-Up Experience and Collaboration with Local Artist

Tweet it: Enjoy discounts @ChaliceFarms this #710 on ALL dabs and toke up on the Dab Bus! #NationalDabDay #NationalOilDay #Oregon #Cannabis PORTLAND –Chalice Farms will celebrate cannabis industry holiday, National Oil Day, with specials on cannabis concentrates, a collaboration with local artist, Damien Gilley, and a pop-up dab bus experience on Saturday, July 10. In honor of National Oil Day on Saturday, 7/10, which spells “OIL” upside-down, Chalice Farms will offer 30% off all dab products, 20% off all cartridges and discounts on products from Elysium Fields, Bobsled and White Label extracts from Friday, July 9 through Sunday, July 11.…