June 2021 - CanadianCannabisWire

WednesdayJun 30, 2021 2:15 pm

XPhyto Therapeutics Corp.’s (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Mescaline Program for Psychedelic Therapies is on Track

XPhyto Therapeutics Corp (OTCQB: XPHYF) announced its GMP mescaline synthesis program is “on schedule” The program, which started in early 2021, is slated for completion in late Q3 2021 The first initial production batches were completed successfully, marking a significant milestone for the program Mescaline will form a critical component in XPhyto’s psychedelic medicine program and work towards providing a foundation for its drug formulation and clinical validation work XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) recently announced that its Good Manufacturing Practices (“GMP”) mescaline synthesis program in North America is “on schedule” for completion in late Q3 2021…

WednesdayJun 30, 2021 1:54 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Ships Initial Order of 0.5 Gram Vape Cartridges

Pure Extracts announced initial shipment of 0.5 gram vape cartridges to Alberta Gaming, Liquor & Cannabis CBD vape market has experienced strong growth in recent times, with one market research firm forecasting sector to be worth over $28bn by 2027 Pure Extracts has simultaneously sought to broaden its SKU’s within vape sector, commencing manufacture of larger, 1 gram FSO vape cartridge to better cater to changing customer demand patterns Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on the cannabis, hemp, functional mushrooms, and rapidly emerging psychedelic sector, announced that its whole owned subsidiary,…

WednesdayJun 30, 2021 11:24 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Leading Out in Quest for Elusive Cannabis Prize

Cannabis space facing “critical moment” as consumers seek proven consistency Pac Roots partner, business model assists in commitment to deliver “predictable, reliable product” Pac Roots ideally positioned to preserve excellence of its elite strains while also introducing highest quality of new strains The cannabis industry has reached a crossroads of sorts, according to a recent “New York Times” article, as the substance has become increasingly mainstream. While welcome, the popularity of cannabis presents a challenge that companies such as Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) are eager to meet. “The cannabis business, then, has arrived at a critical moment,”…

TuesdayJun 29, 2021 9:31 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) (CSE: LXX) Is ‘One to Watch’

Lexaria Bioscience Corp. has disruptive proprietary technology protected by a broad international patent portfolio The company has been issued 19 patents in the U.S., European Union and other countries, with more than 50 patents pending around the world Lexaria’s DehydraTECH technology has a vast worldwide, multi-billion-dollar total addressable market, including multiple rapid-growth segments like cannabinoid and noncombustible nicotine delivery The company has licensed its fat-soluble active molecule delivery technology to multiple established companies for use in their products Lexaria completed an uplisting to Nasdaq Capital Markets and an $11 million financing in January 2021 Lexaria Bioscience (NASDAQ: LEXX) (CSE: LXX)…

MondayJun 28, 2021 1:55 pm

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Expands Position in Oregon Cannabis Market Showing 150% Sales Growth

Oregon recreational marijuana companies are experiencing the best market conditions in years Chalice’s acquisition of Homegrown dispensaries expands company’s retail stores in Oregon from 7 to 12 CEO says company has ability to significantly increase vertical margin revenue Business is booming for cannabis companies in Oregon, with a recent Oregon Liquor Control Commission (“OLCC”) study reporting that cannabis production has increased 78% since 2019, while the amount of cannabis sold has skyrocketed by 150% (https://cnw.fm/diFeI). That is welcome news to Chalice Brands (CSE: CHAL) (OTCQB: CHALF), as the company recently announced an acquisition that brought a chain of five Oregon-based…

MondayJun 28, 2021 12:50 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Ready as Ottawa Review of Federal Cannabis Act Approaches

Canadian lawmakers are scheduled to assemble during Q4 to assess past, current, future state of legal cannabis market Pac Roots Cannabis has quietly positioned itself as an integrated producer of premium cannabis and hemp Pac Roots is generating revenue through a hemp JV, has access to exclusive cultivars, is completing a production facility, has an agreement for more land and recently bought an established cannabis lifestyle brand The Canadian government has taken a measured approach to legalization of marijuana, but now nearly three years in, advocates will be looking at meaningful progress with regards to regulations to support the industry…

FridayJun 25, 2021 2:19 pm

RYAH Group Inc. (CSE: RYAH) Cannabis Clinical Trials Improve Due to Dose-Measuring Devices

Cannabis is a chemically variable plant making its clinical trials problematic, before the creation of dose-measuring devices RYAH Smart inhalers being used in one of the largest clinical studies of its kind focused on chronic pain Restrictive funding and legislative barriers regarding cannabis are rapidly dissipating Regulating dose size in cannabis clinical trials has proven problematic from one test subject to another because cannabis is a chemically variable plant. RYAH Group (CSE: RYAH), a health care analytics and technology company, has created IoT dose-measuring devices backed by powerful data analytics, allowing for more control for variables within a clinical setting. …

FridayJun 25, 2021 11:03 am

Chalice Brands (CSE: CHAL) (OTCQB: CHALF) Article Shares Insight into Cannabis as a Heat-Relief Option

Magazine article plugs cooling-off benefits of cannabis. Science actually points to different physiological mechanisms that allow cannabis to help lower body temperatures. The cannabis cooling article is only one of several offerings in the summer issue of the Chalice magazine. With record heat engulfing the West for the past couple of weeks and temperatures topping 100 degrees in California, Oregon, Arizona, Nevada and Utah (https://cnw.fm/qX2lf), people are searching for relief. Chalice Brands (CSE: CHAL) (OTCQB: CHALF) has an answer: Beat the heat this summer with temperature-fighting cannabis. According to a Chalice magazine article, titled “Cannabis Is Really Cool,” there is good…

ThursdayJun 24, 2021 2:59 pm

The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Announces Plans to Join Russell Microcap Index

WTER to join Russell Microcap Index effective June 28, 2021 Addition to prestigious microcap Index will only heighten awareness of WTER stock on Wall Street Membership in Russell Microcap Index includes automatic listing in other appropriate growth and value style indexes The country’s largest independent alkaline water company, The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), will join the Russell Microcap(R) Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021 (https://cnw.fm/hZI82). The Russell indices are heavily used and relied on by investment managers as well as institutional investors. “We…

TuesdayJun 22, 2021 1:18 pm

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Broadens North American Footprint, Launches New Multi-Packs

Global functional water market forecast to reach $158.28 billion in 2023 Through its wholly owned subsidiary, Naturo Group, BevCanna offers full line of alkaline and plant-based mineral-infused waters within functional water market North American distribution network expanded significantly in recent weeks via agreements with Koyo Foods throughout Ontario and Quebec and Benefit Brand Management in populous U.S. cities In response to consumer demand for more options, BevCanna is launching new line of multi-packs for sale throughout Canada There is always something on the market that health-conscious individuals crave to put in their body, whether it has anecdotal or clinical rationale…

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Month: June 2021