CannabisNewsBreaks

FridayJul 16, 2021 12:01 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Brings Powerful Capabilities to Modern Clinical Trials

RYAH Group (CSE: RYAH), a health care analytics and technology company, has created IoT dose-measuring devices backed by powerful data analytics. These provide next-generation capabilities that allow for more control of variables within a clinical setting, which is especially significant in modern cannabis clinical trials. While historical emphasis has largely been centered on potential harmful effects, today’s research teams are exploring the use of cannabis to address a wide range of chronic conditions, while it holds significant potential for pain relief. The future of cannabis study with the addition of dose-measuring devises looks promising, and RYAH is front-and-center on the…

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FridayJul 16, 2021 10:24 am

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Releases Statement Regarding Passing of Oregon Cannabis Omnibus Bill

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, announced that it “celebrates” the Oregon Senate’s passing of the SB408 Cannabis Omnibus Bill. According to the company, the bill represents a major step toward modernizing Oregon’s cannabis regulations to create a better business environment for the industry and further aligns Oregon’s cannabis regulations with the reality of today’s industry. Oregon Gov. Kate Brown signed the bill into law on June 29, 2021. Chalice Brands noted that it is also a supporter of the Cannabis Administration and Opportunity Act discussion draft…

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TuesdayJul 13, 2021 1:18 pm

CannabisNewsBreaks – XPhyto Therapeutics Corp.’s (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Covid-ID Lab Filling Existing Market Gap

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, recently announced that its distribution, storage and logistics partner, Max Pharma GmbH, began selling and delivering its 25-minute COVID-19 RT-PCR test system (“Covid-ID Lab”) in Germany on May 25. The company is likely to benefit from the country’s regulatory requirements and the government’s initiative that qualifies every resident to at least one free COVID-19 test per week. “Covid-ID Lab combines the accuracy of a PCR test, the gold standard for diagnosis, with the speed of an antigen test, thereby filling the existing market gap between centralized, automated PCR…

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TuesdayJul 13, 2021 12:56 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Methodically Positioning as Premier Brand

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been steadily building a formidable asset base, including constructing a new production facility, forging a key joint venture, as well as penning an agreement to acquire prime agricultural land as it emerges as a premium provider of cannabis and hemp products with its genetics-focused approach. “Pac Roots isn’t looking to get into a pricing war with low-quality suppliers but is methodically positioning itself as a premier brand since it went public last year,” reads a recent article. “The company has partnered with Phenome One, one of the largest live genetic libraries…

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TuesdayJul 13, 2021 11:42 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands Considerable IP Portfolio with Patent Protection in Japan

Lexaria Bioscience Corp. (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced an additional expansion of its intellectual property (“IP”) portfolio with its first-ever patent granted in Japan. According to the update, “Stable ready-to-drink beverage compositions comprising lipophilic active agents” is the title of the patent that adds to the company's considerable portfolio. “With our 20th patent granted worldwide, Lexaria continues to demonstrate the versatility of our DehydraTECH(TM) drug delivery platform, encouraging innovation in the consumable liquid category around the world,” said Chris Bunka, CEO of Lexaria. “This new patent adds to our existing suite of granted…

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MondayJul 12, 2021 10:02 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Plans to Release Financial Reports

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, will be releasing two financial reports by the end of the month. The company announced plans to report its numbers for FY 2020, the fiscal year ended Dec. 31, 2020, after market close on July 22, 2021; the company will also release its third-quarter financial report for the period ended March 31, 2021, after market close on July 26, 2021. In addition, the company announced plans for a management conference call, scheduled for July 27, 2021, at 4:30 p.m. ET. More details…

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FridayJul 09, 2021 4:04 pm

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Featured in Stockhouse Media Podcast

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, was featured in an exclusive Q&A video podcast produced by Stockhouse Media. Chalice Brands CEO and President Jeff Yapp and Executive Chairman John Varghese join Stockhouse Media’s Dave Jackson in an engaging discussion to bring the podcast’s audience up-to-date on this intriguing brand and exciting investment opportunity. The Q&A covered various topics, including the team’s experience in the cannabis space, new company developments, Chalice Brands’ innovative brands and products, strong growth potential and disciplined approach to…

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FridayJul 09, 2021 1:39 pm

CannabisNewsBreaks – BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) TRACE Brand Packs Host of Recognized Benefits

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, recently announced several agreements. These are part of a strategic business plan as the company moves into the United States and strengthens its position as a leading resource of high-quality health and wellness beverages and natural products. The agreements are intended to help the company penetrate the U.S. and international markets with its TRACE plant-based mineral and hemp-derived CBD-infused beverages. “BevCanna’s TRACE brand features the company’s plant-based mineral beverages and nutraceuticals; the line includes RTD beverages, shots, and mineral concentrate, along with…

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TuesdayJul 06, 2021 10:42 am

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Executes Another Record Quarter with Focus on Profitable Operations, Accreditive Acquisition

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today pre-announced its unaudited financial results for the second quarter 2021. Among the highlights, the company reported highest-ever record quarterly revenues from continuing operations of $6.8 million, a 23% year-over-year increase compared to $5.5 million for the same period in 2020. “We are immensely proud to execute another record quarter by focusing on profitable operations and the accretive acquisition a Homegrown Oregon,” said Jeff Yapp, CEO and president of Chalice Brands. “The integration of Homegrown and…

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TuesdayJul 06, 2021 10:09 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces FY 2021 Financial Record, Closing of Private Placement

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM) and A88CBD(TM), saw record revenue in fiscal year 2021. In its FY2021 financial report, which includes numbers for the full fiscal year ending March 31, 2021, the company reported revenue of $46 million, which represents a 20% growth over fiscal year 2020. In addition to record revenue, the company reported CAGR of 52% since fiscal 2015; cost of goods sold reaching approximately $29.6 million; and gross profit showing a 25% increase over FY2020,…

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