September 2022 - Page 5 of 6 - CannabisNewsWire

TuesdaySep 13, 2022 12:00 pm

REZYFi, Inc. Leverages Corporate Strengths to Impact Real Estate and Lending Industries Through Wholly Owned Subsidiaries REZYFi Lending and ResMac Inc.

While traditional lenders remain reluctant to serve state-licensed cannabis industry prospects, REZYFi focuses on servicing the sector ResMac subsidiary expects to accumulate $285 million in retail origination and $250 million in wholesale origination in 2023 The National Association of Realtors(R) reported one-third of surveyed agents experienced an increase in demand for warehouses, 28% in land demand, and 23% in demand for storefront property REZYFi, a cannabis mortgage bank servicing the needs of both traditional and non-traditional consumers and businesses, is one of the first mortgage bankers of its kind in the United States, leveraging its position in a market where…

TuesdaySep 13, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC), Cannabis Brand Builder, is Ramping Up its HR Productivity and Effectiveness One Appointment at a Time

A 2017 study by McKinsey & Company showed that high performers tend to be 400% more productive than average ones. This outlook has shaped Flora Growth’s hiring strategy for 2022, with the appointment of several key individuals whose proven talents and productivity are seen as critical to the company’s goal of delivering the most compelling customer experiences, most recently with the appointment of Elshad Garayev as Flora’s Chief Financial Officer (“CFO”) Mr. Garayev’s appointment marks the latest addition to a growing list of leaders ready to elevate the company to another level of international performance In a study conducted in…

TuesdaySep 13, 2022 4:20 am

420 with CNW — Four Novel Ways in Which Hemp Can Be Used Today

Hemp, or industrial hemp as it is commonly known, has numerous uses in today’s world. The plant, which is a member of the cannabaceae family, contains cannabidiol (CBD). CBD is one of the two primary compounds found in the cannabis plant, the other being THC. Unlike THC, however, the compound doesn’t induce any highs when ingested. Instead, CBD possesses properties that can be harnessed to treat inflammation, insomnia and anxiety. This compound usually works by activating some receptors in the human brain responsible for the regulation of the central nervous system. Research has also found that CBD may be useful…

MondaySep 12, 2022 4:20 pm

420 with CNW — Pennsylvania Announces Program to Pardon Minor Cannabis Offenses

Decades of cannabis policing have significantly impacted society, especially among Black and Brown communities that were much more likely to be arrested and incarcerated for cannabis offenses despite similar use rates to White people. More than two decades after states first started legalizing cannabis, tens of thousands of people are still affected by cannabis convictions, either languishing in jail or failing to integrate into society due to their criminal records. For most cannabis reform activists, efforts to legalize the drug have had a major focus on social and criminal justice to help alleviate the damage done by the decades-long war…

MondaySep 12, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Acquires 27th Worldwide Patent Applying to a Range of APIs in Ready-to-Drink Consumer Retail Beverage Products

Lexaria’s Mexican patent “Stable Ready-to-Drink Beverage Compositions Comprising Lipophilic Active Ingredients” joins the ranks of previously issued patents in Australia, India, Japan and the EU The patent allows the company to provide value in gaining regulatory approval for its DehydraTECH(TM)-enabled CBD for multiple indications in the health and wellness field Additional claims to Mexican patent #390001 include Alzheimer’s disease, Parkinson’s disease, schizophrenia, Human Immunodeficiency Virus (“HIV”) dementia, obesity, hepatic diseases, diabetes, appetite disorders, cancer chemotherapy, benign prostatic hypertrophy, irritable bowel syndrome, biliary diseases, ovarian disorders, marijuana abuse, and alcohol, opioid, nicotine, or cocaine addictions The global market of CBD for…

MondaySep 12, 2022 4:20 am

420 with CNW — New Study Debunks ‘Lazy Stoner’ Stereotype of Marijuana Users

After decades of cannabis criminalization and anti-cannabis propaganda, certain stereotypes about cannabis users have become entrenched in the public mind. The stereotypical image of a cannabis user as an apathetic “lazy stoner” who spends his days getting high, polishing off Doritos and generally contributing nothing to society is one example. Tons of people, especially older generations that grew up in the era of the drug war, tend to believe this stereotype. However, a new study has revealed that the stereotype of cannabis users as unmotivated and lazy is far from factual. Researchers found that there was no difference in reward-based…

FridaySep 09, 2022 4:20 pm

420 with CNW — Director of Federal Health Agency Blasts Cannabis Research Barriers Impeding Opioid Research

Decades of cannabis prohibition in America have made scientific research into cannabis virtually impossible. Even as dozens of states have now legalized cannabis for medical use, federal law has proven to be a major challenge to cannabis researchers. Several studies have shown that the drug does in fact have effective medical applications, but federal prohibition still remains a hindrance to cannabis research. According to a top federal health official, the nascent marijuana research space is “fraught with hurdles” that have to be addressed in order to facilitate studies into how cannabinoids can be used as safer tools to manage pain…

FridaySep 09, 2022 4:20 am

420 with CNW — Marijuana Drinks Proliferate as Businesses Hope to Tap Growing Segment

Cannabis is an extremely versatile product. Cannabinoids, the chemical compounds in cannabis that are responsible for its effects, can be extracted from the plant and infused into a range of products. Aside from the usual cannabis flower, people can consume cannabis in a wide variety of ways, including edibles and concentrates, with each method of application altering the experience in different ways. In recent years, cannabis-infused beverages have emerged as a major competitor to top-selling cannabis products such as flowers and concentrates. With studies showing that younger people are drinking less than older generations, many companies are marketing cannabis drinks…

ThursdaySep 08, 2022 4:20 pm

420 with CNW — California Legislators Approve Measure Protecting Workers’ Off-Duty Cannabis Use

Earlier last week, legislators in the state of California approved a measure that would prevent firms from penalizing workers who failed drug tests to detect whether an individual had used cannabis in the recent days. These tests, which usually use hair or urine samples, look for substances the body makes as it breaks down THC. THC is the primary psychoactive compound found in cannabis, which induces a high when consumed. The substances in question are known as metabolites and can remain in an individual’s body for weeks after they have been used. This means that individuals can fail a drug…

ThursdaySep 08, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Names New CFO, Process for Ensuring Smooth Transition Amid Company’s Global Growth

Global cannabis brand-builder Flora Growth recently named a former Amazon financial executive as its new CFO Elshad Garayev will work with outgoing CFO Lee Leiderman to ensure a smooth transition of responsibility amid finalization of Flora’s mid-year financial filing with the SEC Flora Growth is headquartered in Canada with cultivation operations centered in Colombia, where recent government administrations have opened regulatory processes for exporting cannabis derivatives for the health and wellness markets The company continues to expand its operations internationally for sales in the UK and Europe generally, Australia, and throughout the Americas Global cannabis brand-builder Flora Growth (NASDAQ: FLGC)…