October 2019 - Page 3 of 4 - CanadianCannabisWire

WednesdayOct 09, 2019 10:42 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) DehydraTECH Featured in Human CBD Study Results Published in Clinical Journal

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, announced that final study results of a 2018 clinical study evaluating the use of its proprietary drug-delivery system have been published (http://cnw.fm/uNpb6) (http://cnw.fm/s1Ue7). Published in Advances in Therapy, a peer-reviewed medical journal, the human clinical study evaluated CBD delivery and effectiveness using LXRP-patented, DehydraTECH(TM)-powered TurboCBD(TM) capsules. Key findings highlighted in the publication included the following: CBD in-plasma levels with the TurboCBD 90 mg dose were significantly higher than with the generic 90 mg dose at both 90 and 120 minutes (p < 0.05); Only the TurboCBD 90 mg…

TuesdayOct 08, 2019 11:22 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Riding High on Potential Cannabis, Nicotine Uses of Patented Technology

Lexaria Bioscience is helping to revolutionize efforts to provide common drug substances in an ingestible method that avoids unhealthy practices such as inhaled smoking or vaping Lexaria’s DehydraTECH platform works to deliver the chemical compounds to the blood stream at speeds comparable to inhalation methods, providing the means for discrete use and avoiding frustrating waits for users with dependencies The company recently obtained a patent in Australia that recognizes DehydraTECH not only as a food and beverage platform, but also as a potential means of pharmaceutical use for combatting select illnesses As Canada prepares to introduce legalization of cannabis food…

MondayOct 07, 2019 11:35 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Addresses Concerns about Vape Safety, Calls for Stricter Regulation of Black Market

IONIC Brands recently expressed its position and concerns in the wake of a nationwide health scare involving vape-related illnesses that have sickened hundreds and killed more than a dozen people The U.S. Centers for Disease Control and Prevention has acknowledged that it believes cannabis vapes purchased on the black market are the primary source of the illness cases IONIC Brands emphasized in a news release that it abides by applicable laws in states where it operates and that it doesn’t use additives that have become the focus of health officials’ investigation into vaping products The company temporarily stopped production in…

MondayOct 07, 2019 10:51 am

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Becoming a CBD Wellness Product Leader as Plant-Based Health Market Explodes

Wildflower Brands is working hard to establish a solid retail network in the U.S. and Canada The company has achieved a number of strategic partnerships and acquisitions, making Wildflower Brands wellness products available in 600 locations across America The company also operates four premier cannabis locations in British Columbia under its subsidiary, City Cannabis Corp. The global hemp-derived CBD oil market reached $591 million in 2018 and is anticipated to grow to $22 billion by 2022 (http://cnw.fm/dTe3n). Wellness and health products are expected to drive this growth as awareness about the benefits of CBD oil continues to increase. CBD oil was…

MondayOct 07, 2019 9:11 am

Market Data Hints at Excellent Opportunities for Hemp Biomass Companies Like HTC Extraction Systems (TSX.V: HTC)

Hemp biomass production is anticipated to continue to increase due to legislative changes and the growing demand for CBD products At the same time, the industry is experiencing an extraction bottleneck due to the limited industry capacity for efficient biomass processing With its proprietary hemp biomass extraction technology that reduces operating costs while delivering superior results, HTC Extraction Systems is uniquely positioned to take advantage of upcoming market opportunities Legislative changes and a rapidly increasing demand for CBD products paint a highly optimistic picture for hemp biomass production and extraction companies. Currently, the demand for hemp biomass is exceptionally high,…

FridayOct 04, 2019 12:50 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Has Established Itself as a True Global Supplier of CBD Products

Wildflower Brands is focused on being a global supplier of CBD products for wellness and health The company now distributes in over 600 locations in the United States alone, and it recently signed an agreement with a firm in Poland to enter the European Union marketplace The company’s online sales have increased by more than 300 percent since 2018 and are growing by 40 percent from month to month Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a cannabis company that develops cannabis-based brands and products for health and wellness. This company’s goal is concerned with the manufacturing, distribution, marketing…

ThursdayOct 03, 2019 12:19 pm

Solvent-based CO2 Distillation Operation Generates Three-Fold Revenue Hike for HTC Extraction Systems (TSX.V: HTC) Ahead of CBD Strategy

HTC Extraction Systems has developed a proprietary ethanol-based distillation system called the Delta Purification System®, which works with the company’s DeltaSolv™ technologies The company published unaudited interim condensed consolidated financial results in August that show three-fold revenue gains over the previous year’s reporting period based on its ethanol, solvent and glycol reclamation operations HTC Extraction Systems is completing facilities in Saskatchewan for an identity preserved production, hemp biomass tolling and cannabidiol full-spectrum oil distillation operation The proprietary ethanol, solvent and glycol reclamation operations of HTC Extraction Systems (TSX.V: HTC) granted the Saskatchewan, Canada-based company a three-fold increase in revenue during…

ThursdayOct 03, 2019 10:48 am

Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) Obtains Official Licensing, Significantly Increases Production Capacity

OGI recently received government approval and licensing for 17 additional cultivation rooms The company’s licensed production capacity now totals 76,000 kilograms per year Organigram’s strategic plan for continued expansion is reportedly on schedule Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, has obtained Health Canada approval for licensing of 17 additional cultivation rooms. The move brings the company’s total target licensed production capacity to 76,000 kilograms per year (http://cnw.fm/9z5aA). This is the next step in the company’s strategic plan to increase capacity and further improve its efficiencies of scale. The…

ThursdayOct 03, 2019 8:56 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Posts Record Quarter-End, Year-End Numbers

SPRWF released impressive numbers in its latest financial report The company highlighted its stable position in a roller-coaster industry The 7ACRES brand plays a key role in the company’s current and future growth initiatives The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is ending its FY2019 as one of the few Canadian cannabis businesses building sustainable operations and valuable brands, according to the company’s FY2019 year-end report (http://cnw.fm/vQrj1). The report announced impressive numbers that indicate the company’s stable position in a sector that has been rocked by up-and-down performance throughout the year. The company released its Q4 2019…

WednesdayOct 02, 2019 1:28 pm

Geyser Brands Inc. (TSX.V: GYSR) Targeting Growth with Completion of Solace Management Acquisition, GMP Facility and New Product NPN

Geyser Brands is building on its mission to help people look, feel and do their best through value-added cannabis product solutions The company recently closed on its acquisition of established hemp brands manufacturer Solace Management, adding two-dozen wellness products and 57 SKUs to its stable The acquisition adds a 7,500-square-foot, GMP-compliant facility to an existing innovation hub and manufacturing subsidiary in Coquitlam, British Columbia Solace recently received approval for sales of a new pain-relief roll-on product following issuance of a natural product number from Health Canada The global topical pain relief market is forecast to reach $13.28 billion by 2025,…

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Month: October 2019