Cannabis

Tuesday Nov 30, 2021 - 9:30 am

Marijuana Company of America Inc. (MCOA) Reports Highest Quarterly Revenue Yet in Q3 2021 on the Back of New Acquisition, Expects Another Record-Breaking Quarter in Q4 2021

MCOA’s Q3 2021 revenue increased 731% year on year from $53,195 in Q3 2020 to $442,178 in Q3 2021The company attributed this growth to its recent acquisition of cDistro, one of the fastest-growing distributors in North AmericacDistro’s acquisition is part of a strategic shift as the company looks to expand into new areas within the cannabis industryMCOA expects another record-breaking quarter in Q4 2021 as…

Monday Nov 29, 2021 - 9:00 am

InMed Pharmaceuticals Inc. (NASDAQ: INM) Releases Q1 2022 Financial Results, Business Update Showing Positive Momentum Across All Its Programs

InMed Pharmaceuticals released Q1 2022 financial results in which it reported a year-on-year increase in research and development expenses primarily due to increased activities related to INM-755 clinical trialsThe company’s cash, cash equivalents, and short-term investments also grew quarter over quarter from $7.4 million to $15.4 millionFollowing the closing of BayMedica’s acquisition, the integrated teams are working together with a focus on launching selected rare…

Wednesday Nov 24, 2021 - 8:00 am

Marijuana Company of America Inc. (MCOA) Set to Launch VapeTV U.S. in a Three-Way Partnership

MCOA just signed an LOI with VapeTV UK and Jasleen Enterprises for the launch of VapeTV U.S.This new company is set to offer in-store advertising within retail vape storesIt will capitalize on the growing CBD industry and the ever-increasing demand for in-store media advertising in the United States Marijuana Company of America (OTC: MCOA) has announced the signing of a non-binding letter of intent (“LOI”)…

Wednesday Nov 24, 2021 - 8:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) DehydraTECH(TM) Drug Delivery Technology Finding Multiple Medical Applications

Lexaria intends to undertake its most ambitious study yet – HYPER-H21-4 – as it pursues regulatory approval for DehydraTECH-CBD for potential use as a treatment for hypertensionHYPER-H21-4 will build on successes witnessed in initial human hypertension studiesThe company, which has a fully funded R&D budget, recently announced new R&D programs covering multiple conditions, including dementia, diabetes, and rheumatoid diseaseLexaria is committed to improving lives and…

Tuesday Nov 23, 2021 - 1:10 pm

NECANN – The Illinois Cannabis Convention Comes to Chicago

Date: December 4-5, 2021 Venue: Chicago Hilton, 720 South Michigan Ave, Chicago, IL Exhibit Hall Hours Saturday, December 4th: 11:00 A.M. to 5:00 P.M.Sunday, December 5th: 10:00 A.M. to 4:00 P.M. Onsite Box Office hours begin at 9:00 a.m. each day. Cannabis cultivators, dealers, businesses, and enthusiasts are invited to attend the NECANN Illinois Cannabis Convention in Chicago, on December 4-5, 2021. Operating since 2014,…

Tuesday Nov 23, 2021 - 8:30 am

Simply Sonoma Inc. Developing High-Quality, All-Natural CBD-Infused Beverages for Entry into Growing Market

CBD-infused beverages market expected to make over $14,600 million by the end of 2026CBD beverages are becoming more popular as cannabis-infused goods become legalized across the United States and around the worldSimply Sonoma has two CBD-infused beverages on the docket: an alcohol-free, CBD wine product and a low-carb, low-sugar CBD sparkling product Cannabidiol, or CBD, is gaining the attention of enthusiastic cannabis consumers around the world.…

Tuesday Nov 23, 2021 - 8:30 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Adding to its Growing Retail Presence with Rapid Developments in Florida

Red White & Bloom Brands is building a multi-state operation in the cannabis and hemp industries through state subsidiaries focused on markets in Florida, Michigan, Illinois, Arizona and CaliforniaThe company is now rapidly building up its cultivation and retail operations in Florida, advancing from regulatory approval in the state last month to the startup of growing activity to supply existing and soon-to-open dispensaries in four…

Thursday Nov 18, 2021 - 8:00 am

Hero Technologies Inc. (HENC) Subsidiary Looks to Leverage Position in $2B Massachusetts Marijuana Market

HENC subsidiary evaluating, pursuing property acquisitions; beginning process to obtain cultivation, sales licensesSales have doubled in the past year, according to state’s seed-to-sale tracking systemHENC working with top cannabis law firm to spearhead the process With Massachusetts reporting marijuana sales reaching $2 billion since the state approved the adult-use market (https://ibn.fm/S8IvV), savvy cannabis companies operating in the state are looking to leverage opportunity for growth.…

Thursday Nov 18, 2021 - 8:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces 2022 DehydraTECH(TM) R&D Programs, Including Investigations into Alzheimer’s Disease and Diabetes

Lexaria’s 2022 R&D programs are set to include research on hormone replacement, dementia, rheumatoid disease, and diabetes, among other conditionsThe program builds on findings from 2021 studies which supported significant advances in the oral nicotine, heart disease, and antiviral marketsThe 2022 program will continue to focus on the company’s patented DehydraTECH drug delivery platformLexaria will also be conducting pharmacokinetic and efficacy modeling studies in animals…

Wednesday Nov 17, 2021 - 8:00 am

Marijuana Company of America Inc. (MCOA) Is ‘One to Watch’

The VBF acquisition is expected to be accretive to MCOA’s revenue and EBITDA forecasts for 2022The company launched new subsidiaries in Brazil and Uruguay to distribute its hempsmart premium product line in Latin AmericaThe company recently launched a new social media marketing campaign via Instagram, Twitter, TikTok, etc.The global legal marijuana market was valued at $9.1 billion in 2020 and is forecast to grow at…

Monday Nov 15, 2021 - 8:30 am

The Lift & Co. Expo, Largest Industry and Consumer Cannabis Event in Canada, Set to Attract Consumers, Professionals, and the Media This year

Date: November 18-21, 2021 Metro Toronto Convention Center, North Building 255 Front St W The Lift & Co. Expo will be making a comeback in Toronto following a one-year halt. It promises to be better than ever before, offering value to all stakeholders within the cannabis and psychedelics space, from consumers to professionals and business owners. The event builds on Lift & Co.’s previous successful…

Monday Nov 15, 2021 - 8:30 am

Hero Technologies Inc. (HENC) Committed to Safety as Michigan Legislators Look to Restrict Caregiver Cultivation in Growing Market

Michigan lawmakers approve bills designed to restrict medical marijuana cultivation by caregivers Marijuana sales in the state are increasing.Top priority is concern about the safety of untested medical marijuana grown by caregivers. With Michigan seeing record sales this year, the state is looking to provide regulation over the growing market in efforts to ensure quality and safety. Recently, Michigan lawmakers approved bills designed to restrict medical…

Monday Nov 15, 2021 - 8:30 am

Cannabis Strategic Ventures Inc. (NUGS) Inks MOU Outlining Strategic Acquisition of Indoor Cannabis Cultivation Facility

Cannabis sales are projected to increase as NUGS makes move to increase premium cannabis productionMOU grants rights for NUGS to purchase 10% of the facility at a valuation of $15 million for the entire facilityAgreement strengthens company’s status as an emerging leader in the vertically integrated California cannabis marketplace As sales of high-quality cannabis in California, the largest cannabis market in the country, are projected…

Friday Nov 12, 2021 - 1:22 pm

Lexaria Bioscience Corp. (NASDAQ: LEXX) Embarks on its Most Ambitious Hypertension Clinical Study Yet: HYPER-H21-4

Lexaria has embarked on its HYPER-H21-4 study, its fourth hypertension clinical study, and it's most ambitious yetThis study builds on the HYPER-H21-1 and HYPER-H21-2 findings, as well as the HYPER-H21-3 study that is set to begin dosing in mid-November 2021Lexaria’s goal is to pursue regulatory approval for its proprietary DehydraTECH-CBD for potential use as a treatment for high blood pressureStudy protocols are being readied for…

Friday Nov 12, 2021 - 12:34 pm

The Lift & Co. Expo, Canada’s Number One Cannabis Event, Back in Toronto

Metro Toronto Convention Center, North Building 255 Front St W The Lift & Co. Expo, Canada’s number one cannabis event, makes a comeback this year in Toronto. This four-day event promises to be better than ever before, all while educating, connecting, and growing cannabis consumers, professionals, and media. This event will feature over 250 exhibitors and different forward-thinking speakers, movers and shakers within the industry.…

Friday Nov 12, 2021 - 8:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Commences Installation of 30 Growing Pods, Produces First Batch of Chocolates at New Sanderson Production Facility

Red White & Bloom has officially entered Phase 2 of an aggressive three-phase expansion plan in FloridaPhase 2 involves the installation and commissioning of 30 customized, self-contained growing podsRWB recently received OMMU approval for the first five pods that it subsequently installed and commissionedThe company, through its Red White & Bloom Florida LLC subsidiary, produced the first batch of chocolates from the new Sanderson production…

Wednesday Nov 10, 2021 - 11:51 am

InMed Pharmaceuticals Inc. (NASDAQ: INM) Files International Patent Application for Treating Neurodegenerative Diseases Using a New Rare Cannabinoid

InMed Pharmaceuticals has filed an international patent application that specifies a rare cannabinoid that may inhibit or slow the progression of neurodegenerative disease and potentially enhance the neuronal functionWith neurogenerative diseases affecting millions worldwide and the cost of treating patients expected to rise in the future, finding treatments and cures is a matter of increasing urgencyInMed’s patent application is a promising start, expanding the company’s…

Wednesday Nov 10, 2021 - 11:21 am

Sugarmade Inc. (SGMD) Looks to Leverage Expertise as It Eyes Projected Double-Digit CAGR Growth

Global cannabis market estimated to reach $19.89 billion in 2021, projected to grow at a CAGR of 27%North America projected to record the highest market share during the forecast periodSGMD is expanding role as a central player in growing California cannabis delivery marketplace, developing in-house cannabis production capacity As growing numbers of consumers around the world become more aware of the potential benefits of cannabis,…

Monday Nov 08, 2021 - 1:48 pm

Simply Sonoma Inc. Looking to Establish Strong Presence in Growing CBD Skin-Care Market

The CBD skin-care sector has been projected to reach $1.7 billion by 2025Market growth has been driven by rising awareness about the benefits of CBD-infused beauty products.Simply Sonoma anticipates releasing an array of face and skin creams, moisturizers and beauty products. Interest in cannabidiol, or CBD, is exploding as the substance has been shown to have myriad benefits. A chemical derived from cannabis, CBD has…

Friday Nov 05, 2021 - 10:41 am

German Cannabis Market Expected to Liberalize Post Election, RYAH Group Inc. (CSE: RYAH) Enters Germany Via Observational Study

German Social Democrat-led coalition expected to liberalize medical cannabis market Analysts predict over one million medical cannabis patients in Germany by 2024, market estimated to reach $8.9 billion by 2028RYAH entered German market via observational study with Four 20 Pharma GmbHRYAH provides IoT product ecosystem of volume-control devices, medicine-carrying components, mobile applicationsRYAH ecosystem offers reliable way for researchers and clinicians to develop well-controlled research environments Germany’s…

Wednesday Nov 03, 2021 - 1:42 pm

The Cannabis World Congress & Business Exposition (CWCBExpo) Is Set to Headline the New York Cannabis Week; Will Bring Together Hundreds of Businesses from Across the Cannabis Ecosystem

The Cannabis World Congress & Business Exposition (CWCBExpo) will be held in New York between November 4-6, 2021The conference will feature over 50 expert speakers, in addition to hundreds of exhibitors showcasing the sector’s latest product innovationsRecent forecasts have estimated overall US marijuana retail sales to rise from $20 billion in 2020 to $38.4-45.9 billion by 2025 The Cannabis World Congress & Business Exposition (“CWCBExpo”)…

Wednesday Nov 03, 2021 - 12:29 pm

Lexaria Bioscience Corp. (NASDAQ: LEXX) Commences New Animal Study Evaluating Patented DehydraTECH(TM) Technology’s Efficacy in Reducing/Inhibiting Seizure Activity; Strengthens IP Portfolio

Lexaria recently announced the commencement of EPIL-A21-1, an animal study to evaluate whether DehydraTECH-CBD has similar or superior efficacy in reducing or inhibiting seizure activity compared to FDA-approved seizure drug, EpidiolexThe study will also compare DehydraTECH-CBD to generic CBDEPIL-A21-1 has entered early-stage preparatory work, with results expected in Q3 2022Lexaria received new patent awards in Mexico and Japan, strengthening its IP portfolio to 23 granted…

Tuesday Nov 02, 2021 - 12:51 pm

Cannabis Strategic Ventures Inc. (NUGS) Is ‘One to Watch’

Cannabis Strategic Ventures’ 2020 revenue jumped 517% year-over-year to $14.6 million2020 revenues from cannabis sales were $14.1 million, up 975% compared to fiscal 2019The company’s gross profit spiked 483% year-over-year, reaching $2.78 million in 2020, while gross margins held steady at about 20 percentCannabis Strategic Ventures will launch its first Los Angeles dispensary in Q4 2021The company will open an indoor cultivation facility with capacity…

Monday Nov 01, 2021 - 1:18 pm

Successful Ginkgo Bioworks SPAC IPO Highlights Available Industry Opportunities for InMed Pharmaceuticals Inc. (NASDAQ: INM) and Synthetic Cannabinoid Production

Special purpose acquisition company Soaring Eagle Acquisition Corp. combined with Ginkgo Bioworks to form publicly listed Ginkgo Bioworks Holdings Inc., in what is the largest-ever biotechnology go-public transactionGinkgo Bioworks is known for its work in the commercial-scale production of a rare cannabinoid, CBG, for use in a multitude of industrial needsInMed uses multiple manufacturing approaches to synthetically produce rare cannabinoids, including CBC which is currently…

Monday Nov 01, 2021 - 11:46 am

The Cannabis World Congress & Business Exposition (‘CWCBExpo’) Establishes Itself as a Key Forum for Establishing a Foothold Within New York’s Burgeoning Cannabis Sector

New York’s recreational marijuana market is poised to begin with a bang — and the Cannabis World Congress & Business Exposition (“CWCBExpo”), which is being held at New York City’s Javits Convention Center, Hall 3A between 4-6 November 2021, is the ideal forum for education, business building and networking on this multifaceted industry. As of Sept. 21, 2021, adult New Yorkers are now able to…

Friday Oct 29, 2021 - 11:58 am

Flora Growth (FLGC) Receives Global Medical Cannabis Certification, Launches New CBD Brand

Flora Growth Corp. is an international cannabis consumer packaged goods distributor and cultivator based in Colombia that has built an ecosystem that will support market-leading innovation within categories that matter most to consumers exploring plant-based consumer goods.The company recently obtained the Good Agricultural and Collection Practices (“GACP”) certification from international certification agency and global leader in medical cannabis certification Control Union Medical Cannabis Standard (“CUMCS”)Flora…

Friday Oct 29, 2021 - 11:26 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Makes Strategic Additions to its Leadership; Completes Platinum Vape Management Transition

RWB appointed Chris Ecken as the new CFO effective October 2021Ecken will lend over 25 years of experience from the alcohol beverage industry, helping RWB to shape sustainable long-term growthRWB also announced Colby De Zen’s appointment to its board of directorsHe will be integral to RWB’s move to close critical assets in Michigan and expedite expansions in Florida, California, Arizona, Illinois, Massachusetts and OklahomaRWB also…

Tuesday Oct 26, 2021 - 1:39 pm

Leading B2B Cannabis and Hemp Industry Trade Show and Conference, CWCBExpo, Presenting Educational Sessions, Product Displays, and Networking Opportunities

Date: November 4-6th 2021 Venue: Javits Convention Center, Hall 3A, New York City, NY Industry professionals in the legalized cannabis and hemp industry are invited to attend The Cannabis World Congress & Business Exposition (CWCBExpo), a business-to-business trade show and conference at the Javits Convention Center, Hall 3A, November 4-6, 2021. The event will be held in person and the convention center requires masks and…

Tuesday Oct 26, 2021 - 6:16 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Addresses the Needs of Medical THC Users

Lexaria’s THC absorption animal study yielded promising results on the patented DehydraTECH(TM) technologyIt showed that the technology required a shorter time to deliver the same THC levels than concentration-matched controlsLexaria believes that through DehydraTECH, it is meeting the needs of medical THC users with its rapid delivery, increased overall THC delivery and high brain tissue delivery Lexaria Bioscience's (NASDAQ: LEXX) just-concluded oral tetrahydrocannabinol (“THC”) absorption…

Monday Oct 25, 2021 - 11:00 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Subsidiary Completes Development of Licensed Apopka Facility, Commences Cultivation Targeting Q4 Harvest

Red White & Bloom completed the build-out of its Apopka facility – phase one of a development strategy – and immediately commenced cultivation following the receipt of a cultivation licenseThe initial licensed area is projected to generate annual revenue in excess of $10 millionThe Apopka facility will support phase two of the strategy, which entails the activation of thirty customized, self-contained growing podsPhase three will…

Friday Oct 22, 2021 - 9:00 am

New Study Underscores Rapidity of Oral Drug Bio-delivery Using Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Technology as an Alternative to Smoking and Vaping

Oral drug delivery innovator Lexaria Bioscience is focused on providing alternatives to smoked or inhaled tobacco and cannabis products to help consumers reduce the threat to their lungsLexaria’s patented technology — DehydraTECH(TM) — is a solution that processes active pharmaceutical ingredients into a powder or liquid form that can then be ingested with less harm than inhalation, while providing rapidity similar to inhalation substancesDehydraTECH has…

Thursday Oct 21, 2021 - 12:47 pm

Flora Growth Corp.’s (NASDAQ: FLGC) Leadership and Advisory Team Steering Company to Greater Heights

The growing cannabis industry is experiencing a rise in demand for experienced business executives to guide companies toward the topFlora Growth, which has achieved numerous milestones, is a testament to the importance of experienced leadershipEstablished in 2019, Flora was the first all-outdoor cannabis cultivation company to list on NASDAQ and has the largest licensed cultivation footprint in ColombiaThe company also boasts the lowest production cost…

Wednesday Oct 20, 2021 - 9:28 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Inches Closer to Revolutionizing the Nicotine Industry with its Alternative Nicotine Delivery

Lexaria’s recent animal study on its patented DehydraTECH(TM) technology on nicotine absorption yielded ground-breaking resultsThis study builds on an earlier 2018 study that demonstrated effective delivery of nicotine to the central nervous system in a rodent studyThe study’s success will serve as the foundation for a human trial that will compare the DehydraTECH-nicotine pouch performance to leading brands Zacks Small Cap Research recently did a…

Tuesday Oct 19, 2021 - 12:19 pm

Flora Growth Corp. (NASDAQ: FLGC) Making Leap From Medical-Grade Cannabis and CBD Food & Bev to Opening of Pharma Division & Running Global Clinical Trials

Cannabis flower and derivatives producer Flora Growth Corp. is an established brand builder with a seed-to-supply pipeline of cannabis CPG products from Colombia to North America to Europe and many other destinations around the worldFlora Growth’s commitment to its premium and mindful consumer packaged goods brand and product portfolio is now being enhanced with the company’s announcement it has opened a pharmaceutical divisionFlora Pharma will…

Tuesday Oct 19, 2021 - 12:03 pm

Green Hygienics Holdings Inc. (GRYN) Among Hemp Cultivators Set to Benefit from California’s Assembly Bill 45

The 2018 U.S. Farm Bill removed “hemp” from the definition of cannabis but did not allow for inclusion of cannabidiol (“CBD”) in food or supplementsRegulations will remain in terms of labeling and serving size, and they will be determined by CDPH (California Department of Public Health)Green Hygienics exclusively works with industrial hemp and stands to benefit from the signing of AB45 in California The Farm…

Monday Oct 18, 2021 - 1:33 pm

Hero Technologies Inc. (HENC), Blackbox Subsidiary Obtain Key Approvals, Move Forward with Michigan Expansion Plans

License prequalification should give HENC shareholders great confidence in strategic Michigan business planHero Technologies, Blackbox now beginning the last step in process of obtaining licensing approvalOnce full funding has been reached, BlackBox anticipates being shovel ready within two months In its ongoing commitment to position itself as a multistate operator in the cannabis sector, Hero Technologies (OTC: HENC) is focused on becoming fully licensed in…

Wednesday Oct 13, 2021 - 2:57 pm

The USA CBD Expo Will Be Back in Chicago In October, With More Than 50 Speakers and Hundreds of Brands Under One Roof

On October 28-30, 2021, Chicago's McCormick Place will host the next USA CDB Expo. The nation's largest CBD event series will continue with a three-day event in the Midwest that will provide industry enthusiasts with the opportunity to hear from more than 50 expert speakers, visit with hundreds of vendors, and network with thousands of their peers, following a successful return to an in-person format…

Monday Oct 11, 2021 - 2:16 pm

USA CBD Expo’s Chicago Conference Set to Take Place on October 28-30, 2021

USA CBD Expo will host their upcoming October conference at Chicago’s McCormick Place between October 28-30, 2021. Forming part of the nation’s largest CBD event series, the USA CBD Expo will cater to CBD industry newcomers and seasoned industry professionals alikeThe conference will play feature a series of keynote presentations and discussions delivered by some of the industry’s leading thinkers and innovatorsIn addition, the Expo will…

Monday Oct 11, 2021 - 1:39 pm

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Completes Refinancing Amid Multi-state Drive to Roll Out Cannabis Brands

Multi-State Operator Red White & Bloom Brands is a cannabis retail opportunity builder expanding via acquisitions to create a synergistic portfolio throughout North AmericaThe company recently completed strategic refinancing that reorganizes its debt under an agreement that matures in January 2023The company continues aiming to improve its EBITDA margins under a harmonious High Times brand throughout its retail stores in Michigan, Florida, and Illinois, and…

Monday Oct 11, 2021 - 1:09 pm

Flora Growth Corp.’s (NASDAQ: FLGC) Expanding into Global Markets

Flora Growth recently announced it had signed an LOI to provide a Panama-based international importer and distributor with cannabinoid-containing food and beveragesThe announcement followed on the heels of regulatory changes passed by Panama’s National Legislative Assembly, which legalized the use of medical cannabis and its therapeutic propertiesIn July, Flora Growth signed an LOI with an international distributor to supply its dried flower and derivatives, an…

Articles

Articles Category: Cannabis

Get Started with InvestorWire

Press Distribution

Explore Press Distribution Solutions

Discover Add-on Solutions