Investorideas.com newswire, breaking news for marijuana, cannabis and hemp stocks

Friday, 29 April 2022

Local Cannabis Dispensary, The Sanctuary, Wages War On PTSD With Military Appreciation Month Discounts For U.S. Veterans

Local Cannabis Dispensary, The Sanctuary, Wages War On PTSD With Military Appreciation Month Discounts For U.S. Veterans

Cannabis Stock News: Indigenous Bloom Hemp Corporation (CSE: IBH) Announces Strategic Joint Venture to Accelerate Their Cannabis Product Operations

Cannabis Stock News: Indigenous Bloom Hemp Corporation (CSE: IBH) Announces Strategic Joint Venture to Accelerate Their Cannabis Product Operations

CBD Stock News: Nass Valley Gardens Inc. (CSE: NVG) Announces It Will Diversify Its Product Offering Which Will Include a Cosmetic Line and Hemp-Based Foods

CBD Stock News: Nass Valley Gardens Inc. (CSE: NVG) Announces It Will Diversify Its Product Offering Which Will Include a Cosmetic Line and Hemp-Based Foods

CBD Stock News: Nass Valley Gardens Inc. (CSE: NVG) Announces It Will Diversify Its Product Offering Which Will Include a Cosmetic Line and Hemp-Based Foods

CBD Stock News: Nass Valley Gardens Inc. (CSE: NVG) Announces It Will Diversify Its Product Offering Which Will Include a Cosmetic Line and Hemp-Based Foods

CBD Stock News: Innocan Pharma's (CSE: INNO) Compassionate Care Treatment for Dogs

CBD Stock News: Innocan Pharma's (CSE: INNO) Compassionate Care Treatment for Dogs

Friday, 22 April 2022

Investor Ideas #Potcasts 631, #Cannabis News and #Stocks on the Move- #420 Roundup

 



Investor Ideas #Potcasts 631, #Cannabis News and #Stocks on the Move- #420 Roundup

 

Delta, Kelowna, BC, April 21st, 2022 (Investorideas.com Newswire), investorideas.com,  a global news source covering leading sectors including marijuana and hemp stocks and its potcast site  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Watch today’s potcast on YouTube

https://www.youtube.com/watch?v=ucALpcZWc7E

 


Read this in full at https://www.investorideas.com/news/2022/cannabis-potcasts/04221420-Roundup.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

Happy Belated 4/20! In today’s podcast we will be looking at a few different reports and news articles focussing on where the cannabis industry is today, where it’s going and how this year’s 4/20 highlighted some of these findings.

 

Looking at a new report from New Frontier Data titled “Cannabis Consumers in America: Dynamics Shaping Normalization in 2022” we see that “Across both legal and illicit markets, consumption patterns are normalizing to where demographic variables such as age and gender are more influential than market legality in predicting behaviors that are increasingly routine. The report’s findings concluded that cannabis consumers are becoming more intentional with the plant’s use, and the primary reasons for consumption now span relaxation, pain management, improving sleep outcomes, treating medical conditions and improving overall wellness.

 

Since 2018, New Frontier Data has surveyed more than 20,000 consumers to benchmark and analyze cannabis consumer behavior for endemic and non-endemic organizations.

 

 “Cannabis is no longer a one-size-fits-all industry,” noted Gary Allen, CEO, New Frontier Data. “It’s now a commercial imperative for brands, retailers and operators to do the homework required to understand their ideal customer, why they consume and what products they prefer.”

In the report it was stated that “With combined U.S. legal and illicit  sales estimated at $97 billion in 2021, can- nabis consumer demand in America now  exceeds what the nation annually spends  on spirits, and roughly matches what it  spends on beer. Continued strong growth in  legal demand, which is expected to serve most  U.S. demand by 2030, is driving surging interest  in cannabis among CPG companies, investors,  and entrepreneurs alike.”

 

“Furthermore, as science continues to affirm the comparative health  effects of alcohol and tobacco relative to cannabis, and social acceptance of cannabis increases,  more consumers will expectedly substitute cannabis for alcohol in the coming years, and in the  process, increase the acceptability and use of  cannabis in American social society.”

 

Some of the other key takeaways from the report were:

 

      Nearly half (46%) of all survey respondents report using cannabis daily as product selection expands with more convenient, discreet and precise consumption methods.

      Flower accounts for half of all legal sales nationally, but the majority of consumers are now using non-flower products, as the quality and selection of products expands.

      The collective curiosity of consumers to try new forms of cannabis is fueling product innovation and highlighting the importance of targeted brand and loyalty strategies.

      Positive outcomes from medical cannabis use are driving increased acceptance as half of medical cannabis patients report their conditions improved significantly and 93% report at least some improvement.

 

 

The report also included that “Cannabis consumers were more than  twice as likely to self-identify as LGBTQ compared to the general population. The  overindexing of cannabis use within the LGBTQ community presents an opportunity for further  research into why cannabis use is so much higher among that group, and for brands to understand  the importance of the LGBTQ community in  their consumer bases. While Pride Month has  become a major celebration on the U.S. retail  calendar, given the large representation of the  LGBTQ community in the cannabis consum- er base, cannabis brands and retailers would be  advised to consider opportunities to serve the  community not just during Pride Month, but  throughout the year.”

 

The report also conlcluded that “With  more than half of the country now living in states  where cannabis is legal in some form, and with an  additional 18 states poised to legalize either medical or adult-use programs over the next decade,  nearly all Americans (96%) could be living in legal  cannabis markets by 2030.”

 

Another sign pointing to renewed interest in the cannabis industry was with Roundhill Investments who announced its debut of its cannabis-themed exchange-traded fund yesterday.

The Roundhill Cannabis ETF (WEED) will invest in exchange-listed equities and total return swaps that have exposure to the cannabis and hemp markets, according to a filing with the U.S. Securities and Exchange Commission. It will be listed on the Cboe BZX Exchange.

“While publicly-listed cannabis companies have recently underperformed, we believe that the cannabis market may be entering an inflection point in terms of both profitability and regulatory momentum,” Will Hershey, Roundhill’s chief executive officer, said in a statement. “WEED allows for U.S. retail and institutional investors to gain exposure to U.S. operators, potentially in advance of positive legislation.”

Pot ETFs have grown in popularity on Wall Street over the last two years, with the market for cannabis and psychedelic funds pulling in about $2.3 billion in 2021, up from $686 million the year before, according to data compiled by Bloomberg.

The uptick came as more U.S. states adopted the legalization of marijuana for medical or recreational purposes. So far, 37 states have legalized marijuana for medical use, while 18 states and Washington D.C. have legalized it for recreational use, according to the National Organization for the Reform of Marijuana Laws.

In recent news in Germany yesterday, at least 500 pro-legalization protesters gathered in front of Berlin's Brandenburg Gate to try to urge the government to move forward with its plans to decriminalize the drug.

It was Chancellor Olaf Scholz's new government who last December announced that "We will introduce the controlled distribution of cannabis to adults for recreational purposes in licensed stores," the government promised, before detailing its reasons. "This will ensure quality, prevent the proliferation of impure substances and guarantee youth protection. We will evaluate the law's social consequences after four years."

 

After more than five months and there has still been no word or timetable about when legal stores might be opened, pro-cannabis activists are getting impatient at what they consider unnecessary foot-dragging. After all, the Green Party, now a part of the government coalition, has already presented a draft law to the Bundestag in the last few years and seen it defeated.

 

"All they have to do is sign it," said Martin Montana, dressed in a suit decorated from head to foot with florescent green marijuana leaves. "What's important is protecting young people, making sure it's not dealt in schoolyards — all that's logical, just like with alcohol."

 

Montana is a former soldier who said he used cannabis to cope with the symptoms of post-traumatic stress disorder. "I need it to control my flashbacks, and for the last 20 years I've managed to do that," he said. "I just want to do that peacefully and legally."

 

If you’re in New Jersey, 4/20 starts today as starting today adult-use marijuana sales are now legal in the Garden State, opening the doors to what analysts believe could be a $2 billion market by 2025. It’s been a long wait for New Jersey’s proponents of recreational cannabis: Voters in the state first approved a ballot measure legalizing recreational marijuana sales in Nov. 2020, and Gov. Phil Murphy signed the bill into law in Feb. 2021.

Delays in establishing a regulatory framework for the industry have left consumers waiting more than a year for the moment when anyone over the age of 21 can walk into one of the state’s dispensaries and walk out with legally purchased cannabis.

 

So now after a long wait, New Jersey’s dispensary owners are expecting today’s launch to have something of “a celebratory aspect to it, for sure,” Joe Bayern, CEO of cannabis company Curaleaf, tells CNBC Make It. “People just want to be part of the experience and learn and come from an educational standpoint, to see what it’s all about.”

 

In another recent news article, 60 year old Michael Barrows was one of dozens of people who lined up before dawn to join the celebratory scene.

 

“It’s pretty amazing, exciting and if I get pulled over on the way home and I’m ever asked if I have any drugs in the car now I’m allowed to say only this,” Barrows said, holding up the canister of marijuana flower he had just purchased. Possession of cannabis is legal now in New Jersey, though driving under the influence is still prohibited.

 

Barrows, joined a steady stream of other novelty seekers, longtime marijuana users and medical patients at RISE in Bloomfield, near the state's biggest city, Newark, and not far from New York City.

 

Hagan Seeley, 23, said “It feels right. It feels safe. It feels like everything you’d want it to be rather than anything you could get anywhere else.”

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  Learn about investing in stocks and get  investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.     

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Wednesday, 20 April 2022

Cannabis Stock News: Nextleaf (CSE: OILS) Completes First Shipment to Ontario and Provides Update on British Columbia Market

Cannabis Stock News: Nextleaf (CSE: OILS) Completes First Shipment to Ontario and Provides Update on British Columbia Market

Cannabis Stock News: Indiva (TSXV: NDVA) (OTCQX: NDVAF) Signs Exclusive Licensing And Manufacturing Agreement With Dime Industries

Cannabis Stock News: Indiva (TSXV: NDVA) (OTCQX: NDVAF) Signs Exclusive Licensing And Manufacturing Agreement With Dime Industries

On 420, the ACLU-NJ Urges Lawmakers to Prioritize Equity and Racial Justice in Cannabis Community Reinvestment

On 420, the ACLU-NJ Urges Lawmakers to Prioritize Equity and Racial Justice in Cannabis Community Reinvestment

Cannabis Deal Tracker: Investment and M&A Activity in the Cannabis Industry April 11th, 2022 - April 15th, 2022

Cannabis Deal Tracker: Investment and M&A Activity in the Cannabis Industry April 11th, 2022 - April 15th, 2022

One in Five Americans Are Heavy Cannabis Consumers-But Don't Call Them "Stoners"

One in Five Americans Are Heavy Cannabis Consumers-But Don't Call Them "Stoners"

Thursday, 7 April 2022

Cannabis Stock News: Bioharvest Sciences Inc. (CSE: BHSC) Reports Strong Q1 2022 Results on All of the Company's Activities

Cannabis Stock News: Bioharvest Sciences Inc. (CSE: BHSC) Reports Strong Q1 2022 Results on All of the Company's Activities

Cannabis Stock News: Bhang (CSE: BHNG) (OTCQB: BHNGF) Receives OU Kosher Certification in Florida

Cannabis Stock News: Bhang (CSE: BHNG) (OTCQB: BHNGF) Receives OU Kosher Certification in Florida

Cannabis Stock News: BioHarvest Sciences Inc. (CSE: BHSC) (OTC: CNVCF) Announces a Private Placement of up to USD $5 Million of Convertible Notes to Finance Production Facilities and Scaling of Core Business

Cannabis Stock News: BioHarvest Sciences Inc. (CSE: BHSC) (OTC: CNVCF) Announces a Private Placement of up to USD $5 Million of Convertible Notes to Finance Production Facilities and Scaling of Core Business

Investor ideas Newswire offers limited time discount to publicly traded companies

  

 



 

Investor ideas Newswire offers limited time discount to publicly traded companies

 

As inflation rises; media and social media service discounted

 

Vancouver, Kelowna, Delta, BC, April 7, 2022 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces it is offering a limited time special on its 2 day news and social media newswire service at https://www.investorideas.com/News-Upload/.

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Wednesday, 6 April 2022

Psychedelic Stock News: Red Light Holland (CSE: TRIP) CTIO, Sarah Hashkes, Publishes Microdosing Article and will be Participating in an Online Webinar by Harvard's Project on Psychedelics Law and Regulation (POPLAR) at the Petrie-Flom Center at Harvard Law School

Psychedelic Stock News: Red Light Holland (CSE: TRIP) CTIO, Sarah Hashkes, Publishes Microdosing Article and will be Participating in an Online Webinar by Harvard's Project on Psychedelics Law and Regulation (POPLAR) at the Petrie-Flom Center at Harvard Law School

Legalization States Generated More Than $3.7 Billion from Legal, Adult-Use Cannabis Sales In 2021

Legalization States Generated More Than $3.7 Billion from Legal, Adult-Use Cannabis Sales In 2021

Breaking Tilray Brands (Nasdaq: $TLRY) (TSX: $TLRY.TO) News - Profitable Quarter Includes Net Income of $52.5 Million and Adjusted EBITDA of $10.1 Million; 12th Consecutive Quarter of Positive Adjusted EBITDA

Breaking Tilray Brands (Nasdaq: $TLRY) (TSX: $TLRY.TO) News - Profitable Quarter Includes Net Income of $52.5 Million and Adjusted EBITDA of $10.1 Million; 12th Consecutive Quarter of Positive Adjusted EBITDA

Cannabis Deal Tracker: Investment and M&A Activity in the Cannabis Industry March 28th, 2022 - April 1st, 2022

Cannabis Deal Tracker: Investment and M&A Activity in the Cannabis Industry March 28th, 2022 - April 1st, 2022

Tuesday, 5 April 2022

Investor Ideas #Potcasts 630, #Cannabis News and #Stocks on the Move-(CSE: $LITE.C) (CSE: $TRUL.C) (OTCQX: $TCNNF) (TSX: $LABS.TO) (TSXV: $KHRN.V)

 



 

Investor Ideas #Potcasts 630, #Cannabis News and #Stocks on the Move-(CSE: $LITE.C) (CSE: $TRUL.C) (OTCQX: $TCNNF) (TSX: $LABS.TO) (TSXV: $KHRN.V)

 

Delta, Kelowna, BC, April 5, 2022 (Investorideas.com Newswire), investorideas.com,  a global news source covering leading sectors including marijuana and hemp stocks and its potcast site  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/040522-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2022/cannabis-potcasts/04051LITE-TRUL-TCNNF-LABS-KHRN.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

In today’s podcast we look at a few private and public company announcements.

 

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, announced the launch of "4.20 for All" Non-Fungible Tokens (NFTs) Collection. The initial offerings will be available beginning on April 2, at 1pm EST which is exactly 420 hours prior to April 20 (4/20), the nationally recognized cannabis holiday. Proceeds from all Trulieve's NFT sales will benefit a charity.

 

The first cannabis MSO to enter the metaverse, Trulieve's "4.20 for All" NFT Collection will be sold on the OpenSea marketplace and can be viewed at opensea.io/collection/trulieve-420-for-all. Each NFT features a different hand holding a cannabis product. The campaign celebrates cannabis' diverse community and culture, which includes all types of users and products.

 

This is the first in a series of 4/20 activations to be announced by Trulieve. All proceeds from the "4.20 for All" NFT Collection will be donated to the Last Prisoner Project, a non-profit organization committed to cannabis criminal justice reform and helping free the over 40,000 individuals still in prison for non-violent cannabis convictions.

 

"Trulieve strives to provide enhanced experiences for our customers and patients, and that now includes the metaverse, as we introduce our '4.20 for All' NFT Collection," said Kim Rivers, CEO of Trulieve. "This is a fun and unique way to amplify Trulieve's steadfast belief in accessibility and to support the Last Prisoner Project."

 

Highlighting some of Trulieve's most popular products on dispensary shelves, the "4.20 for All" NFT Collection features 10 different original pieces of digital art. There will be 42 copies of each, which results in 420 total offerings in the collection. Each NFT will be initially offered at .042 Ethereum and every winner will receive a premium, personalized physical gift item.

 

"The campaign connects to the inclusive, diverse, and celebratory narrative that '4.20 for All' inspires," said Valda Coryat, Trulieve's Chief Marketing Officer. "Each illustrated hand is a hand raised supporting accessibility and social justice. From a chef to a hiker … from a yogi to a musician … from an astronaut to an alien and, yes, even sasquatch. We expect fans and collectors will be excited to own these NFTs."

 

Customers and patients interested in purchasing can do so without owning cryptocurrency, however they will be required to create an account with OpenSea and transfer the necessary funds to their digital wallet.

 

To learn more about Trulieve's "4.20 for All" NFT Collection and how to purchase, please visit opensea.io/collection/trulieve-420-for-all.

 

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF), a pharmaceutical company specialized in precision-based cannabinoids, announced the expansion of its adult use wellness product line with the launch of CBG and water-soluble products. As of today, these new products will be available in Ontario in both retail stores and on the OCS.ca e-commerce website. MediPharm also has purchase commitments to distribute the products to the Company's other seven provincial distributors in the coming months.

 

Bryan Howcroft CEO of MediPharm commented, "Over the past 16 months, MediPharm has formulated several innovative product platforms, launched them and gained traction in the premium wellness segment of the Canadian market. The announcement today expands the Company's portfolio to include the first naturally derived CBG products available to Canadian adult consumers and the only inhalable CBG option in Canada. With recent investments in sales and marketing functions demonstrating tangible results, our team will continue to bring differentiated wellness-focused products to market, and work to grow shelf presence as the year progresses. We also see a meaningful opportunity to introduce products such as those launched today into international markets, leveraging our unique GMP Drug Establishment and Natural Health Product manufacturing licenses, and existing global distribution partnerships."

 

MediPharm Labs CBG:CBD 1:2 Advanced Formula oral solution is a high-CBG formulation, manufactured to stringent pharma-quality standards that brings customers and patients the highest quality and purity available in the market today. This full-spectrum formulated oil has a subtle cannabis flavour.

 

Northbound CBG:CBD The White and Appalachia vape cartridge is formulated with a terpene blend dominated by citrus zest and berry aromatic with mild herbal notes to provide balance. Vaping enables users to experience CBG with a faster onset that is easier to titrate.

MediPharm is proud to lead the industry in CBG-dominant options for patients and consumers. CBG is one of the rarer cannabinoids, and has demonstrated some potential as an antibiotic. An interdisciplinary team of McMaster researchers, which included MediPharm's Director of Research and Development, Dr. Tait Gale, found that CBG was not only antibacterial, but also effective in mice against a resilient family of bacteria known as methicillin-resistant Staphylococcus aureus ("MRSA"). Discovering that CBG has antibacterial properties was significant given that the MRSA bacterial strain is a leading cause of infections worldwide and has become increasingly resistant to antibiotics currently on the market.[1]

 

MediPharm is also launching a water soluble CBN:THC liquid solution, Northbound Night Cap. Northbound Night Cap utilizes proprietary water-soluble emulsification technology developed in-house by the MediPharm's Research and Development team. This formulation allows patients and consumers to add CBN to their favourite food or beverage without overpowering taste and liquid separation. Using an in-house emulsification method mitigated the Company's need to purchase or license formulations like many other cannabis industry beverage brands.

 

Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF), the global medical cannabis leader expanding throughout Latin America and Europe, has published in the international peer-reviewed journal Frontiers in Pain Research the results of its first clinical study on the use of medical cannabis prescribed to Colombian patients in treating chronic pain.  This is the largest study of its kind in Latin America, and the first published clinical evidence on the effectiveness and safety of Khiron's THC and CBD oil-based cannabis formulations, the two most prescribed products at Khiron's Zerenia Clinics in Colombia. This is reassuring data for prescribing physicians and health insurance providers on the efficacy, safety, and cost-effectiveness of the Khiron's products to treat chronic pain. Frontiers journals rank among the most influential in their academic fields based on total citations and ranks as the 3rd most-cited publisher among the 20 largest publishers.

 

The study, a joint effort by medical researchers from Khiron Life Sciences and doctors from Zerenia Clinics in Colombia and Europe, captures patient-reported outcome measures ("PROMS") and adverse effects in a large cohort of 2112 adult patients diagnosed with chronic pain of diverse etiology. Between May and September 2021, patients received adjuvant treatment with Khiron's oral oil-based cannabis formulations at the Latin American Institute of Neurology and Nervous System (ILANS-Zerenia) in Bogotá, Colombia.

 

"This study, based on Khiron's medical products, is critical to reassure physicians and health insurance providers of the efficacy of medicinal cannabis to treat chronic pain. The global impact and economic burden of chronic pain in our society, mounting medical evidence will increase access to cannabinoid-based medicines worldwide." says Alvaro Torres, Khiron CEO and Director. "The recent vote in the US House of Representatives promoting medical research on cannabis clearly shows the pressing need to develop effective and safe cannabis-based medication for suffering patients worldwide. With this and upcoming studies, Khiron will continue to stand above in the field of medical research and to expand the access for patients in those jurisdictions in which we are present".

 

Guillermo Moreno-Sanz, the first author of the study and Global Scientific Director of Khiron Life Sciences adds, "We believe these findings to be generalizable across patient populations, considering that our results are extremely well-aligned with those reported by researchers working with similar clinical populations in nations with long-standing medicinal cannabis access programs, such as Israel and Canada."

 

This study is groundbreaking for Khiron as most observational and experimental studies investigating the efficacy of medical cannabis for pain management are of relatively short duration and use a disparity of cannabinoid-based products, routes of administration, and dosing regimens. This study is differentiated as it describes the short-, mid- and long-term efficacy and safety of two monovarietal formulations containing THC and CBD in different ratios (1:1 and 1:25, respectively), and investigates the contribution of patient's sex, and age. Most participants were female (76.1%) with an average age of 58.7 years old. One third of the participants were elderly (>65 years old).

 

As Khiron continues to expand its research and business globally through Latin America and Europe, additional studies are expected to continue to demonstrate the Company's business model, creating a 360-solution for health care providers, insurance companies, and patients to benefit from the prescription and positive health outcomes from medical cannabis.

 

SPOTLITE360 IOT SOLUTIONS, INC. (CSE: LITE) (OTC: SPLTF) announced that it has executed a master terms agreement dated March 30, 2022, to create a strategic relationship with American Cannabis Consulting (OTCQB:AMMJ) (ACC) an arm’s length party to the Company. Denver, Colorado based ACC is a nationally recognized business-to-business cannabis consulting solutions provider and licensed owner operator with a number of significant brands and company relationships. As recently as February 25, 2022, ACC announced a partnership with the Bubba Kush cannabis brand.

 

Under the terms of the Master Agreement, both companies will work together in joint consulting engagements to leverage their combined strengths. SpotLite360’s recent announcement of acquiring a majority interest in E3 Service Group, combined with SpotLite360’s SaaS based technology and ACC's deep history of indoor cannabis cultivation knowledge can offer best in-class design, build, total cost of ownership, production and financial returns. SpotLite360’s technology will provide supply chain transparency including the necessary proof of sustainability claims.

 

James Greenwell, President and CEO of SpotLite360, commented, “Our companies’ have a shared vision to assist our clients’ making data driven decisions - across a sustainable agricultural supply chain. SpotLite360 looks forward to working together with ACC to deliver process efficiency, support regulatory and compliance mandates, improves product quality and provide the consumer with the proof of ESG claims that they are now demanding. Our engineering designs and supply chain platform will drive best in class models for optimal agricultural cultivation.”

 

Both companies are currently working together on significant customer opportunities in seven (7) different states. Most projects are new construction opportunities with several in advanced discussions. Joint announcements are anticipated throughout the remainder of 2022.

 

Ellis Smith, founder and CEO of ACC, said, “Investors and operators agree, the future of cultivation is not based on old school mechanical systems, but technology, IOT, automation and data driven analytics. We believe consistent and repeatable high-quality product is a direct result of good design, good engineering, best practices, good systems, good data and good decisions. Together our companies’ will partner with our customers for more than a consulting agreement, or a design or an install but for decades of joint successes.”

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

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