Cannabis stocks news - daily news on stocks on CSE, TSX, TSXV, OTC, NASDAQ and NYSE from InvestorIdeas.com
Thursday, 28 September 2023
Hemp Stock News: Hempacco (NASDAQ: HPCO) and Snoop Dogg Collaborate to Launch 'Dogg lbs' Gummies with AI-Created Artwork
Cannabis Stock News: Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) Announces C$34 Million Bought Deal Financing Intends to Repay Remaining Convertible Debt Balance
Cannabis Stock News: Seattle's Jones Soda (CSE: JSDA, OTCQB: JSDA) Brings Cannabis Brand Mary Jones to Washington State
Wednesday, 27 September 2023
Senate Committee to Markup Cannabis Banking Legislation Tomorrow
Senate Committee Approves Historic Cannabis Banking Legislation
Thursday, 21 September 2023
Hemp Stock News: Hempacco (NASDAQ: HPCO) and Snoop Dogg Announce 'Dogg lbs' THCA Vapes with a Starting Purchase Order of $2.25 Million
Friday, 15 September 2023
New #InvestorIdeas (TSXV: $ONYX.V) (TSXV: $CAM.V) (NYSE: $TTE) (NYSE: $SRFM) (CSE: $MESC.C) (Nasdaq: $ODD)
New #InvestorIdeas (TSXV: $ONYX.V) (TSXV: $CAM.V) (NYSE: $TTE) (NYSE: $SRFM) (CSE: $MESC.C) (Nasdaq: $ODD)
New #Stocks to watch in #Mining, #Green/ #EcoFriendly, #Psychedelics and #Tech
a
September 15, 2023 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Mining, Green/Eco-Friendly, Psychedelics and Tech. Today’s stocks have been added to our lists of free stock directories in each sector.
Read this in full at https://www.investorideas.com/news/2023/main/09151Stocks.asp
The newest mining companies are both operating in Canada and focussed on gold/copper.
The latest green companies are involved in biofuels/natural gas and electrified aircraft, respectively.
The newest psychedelic company is working with peyote cactus, and the latest tech company is focussed on the use of AI in the health/wellness and beauty sectors.
New Stocks Added to the Mining Directories:
Onyx Gold Corp. (TSXV:ONYX) is an exploration company focused on well-established Canadian mining jurisdictions, with assets in Timmins, Ontario and Yukon Territory. The Company's extensive portfolio of quality gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, renowned for its high-grade mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South. Onyx Gold also controls four properties in Selwyn Basin area of Yukon Territory, which is currently gaining significance due to recent discoveries in the area. Onyx Gold's experienced board and senior management team are committed to creating shareholder value through the discovery process, careful allocation of capital, and environmentally/socially responsible mineral exploration.
Cascadia Minerals Ltd. (TSXV:CAM) is a Canadian junior mining company focused on exploring for copper and gold in Yukon and British Columbia. Cascadia's flagship Catch Property is a brand-new grassroots discovery which exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper and 30.00 g/t gold. The maiden diamond drill program at Catch is underway. In addition to Catch, Cascadia is conducting exploration work at its PIL Property in British Columbia and the Sands of Time and Rosy properties in Yukon, as well as evaluating additional regional opportunities.
New stocks added to the Green/Eco-Friendly Directory:
TotalEnergies SE (NYSE:TTE) is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in nearly 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
SURF AIR MOBILITY INC. (NYSE: SRFM) is a Los Angeles-based regional air mobility platform expanding the category of regional air travel to reinvent flying through the power of electrification. In an effort to substantially reduce the cost and environmental impact of flying and as the operator of the largest commuter airline in the US, Surf Air Mobility intends to develop powertrain technology with its commercial partners to electrify existing fleets and bring electrified aircraft to market at scale. The management team has deep experience and expertise across aviation, electrification, and consumer technology.
New Stocks added to the Psychedelics Directory:
Lophos Holdings Inc. (CSE:MESC) pertains to the cultivation and research of Lophophora williamsii (“peyote cactus”). Additionally, in the long-term, the Company is engaged in the research and development of compounds derived from peyote cactus. The company’s wholly-owned subsidiary, Lophos Pharmaceuticals Corp., is a biosciences company that specializes in peyote cactus cultivation, research, and sale. It is also licensed to possess, produce, sell/provide, send, transport and deliver the controlled substances covered by its Controlled Substances Dealers License (CSDL), namely mescaline, psilocin and psilocybin.
New Stocks added to the Tech Directory:
Oddity Tech Ltd (Nasdaq:ODD) is a consumer tech company that builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. The company owns IL MAKIAGE and SpoiledChild brands. ODDITY, which operates with business headquarters in New York City, R&D center in Tel Aviv, and biotechnology lab in Boston, has built one of the industry's most advanced AI-driven online platforms, leveraging data science, machine learning and computer vision capabilities to deliver a better online experience for consumers. The company deploys cutting-edge data science to identify consumer needs and develops solutions in the form of beauty, wellness, and tech products. ODDITY operates ODDITY LABS, an industry leading biotechnology center and pioneer in artificial intelligence-based molecule discovery. ODDITY LABS develops a wide range of proprietary ingredients, including novel molecules, probiotics, and peptides, for the advancement of high performing, science-backed, and beauty and wellness products that address a broad spectrum of consumer needs.
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
About Investorideas.com - Big Investing Ideas
Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.
Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.
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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Thursday, 14 September 2023
Cannabis Stock News: urban-gro (NASDAQ: UGRO) Signs Multiple Contracts with Clients in the Cannabis Sector for an Aggregate Value of More Than $3 Million
Monday, 11 September 2023
Cannabis Stock News: Canopy Growth (TSX: WEED) (NASDAQ: CGC) Reminds Shareholders to Cast Their Vote for Upcoming Annual General and Special Meeting of Shareholders to be held on September 25, 2023 at 1:00 p.m. (Eastern time)
Friday, 8 September 2023
Hemp Stock News: Hempacco's (NASDAQ: HPCO) Brands to Sell in GPO Plus's Distribution Network, Including Yesway and Allsup's Stores
CBD Stock News: CBD of Denver Inc. (OTC Pink: CBDD) Announces Acquisition of HolistiCH GmbH
Thursday, 7 September 2023
Cannabis Stock News: Aurora (NASDAQ: ACB) (TSX: ACB) Expands Strains for Heroes Offerings Designed for Veterans, by Veterans
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (OTCQX: $CURLF), (NASDAQ: $ACB) and (OTC: $HEMP)
Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (OTCQX: $CURLF),
(NASDAQ: $ACB) and (OTC: $HEMP)
September 7th, 2023 (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/2023/090723-Cannabis.mp3
Read this in full at https://www.investorideas.com/news/2023/cannabis-potcasts/09071CURLF-ACB-HEMP.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 go over a few public
company announcements, the potential policy changes around recreational
cannabis use for the RCMP, a new study which suggests cannabis legalisation has
led to an increase in cannabis-involved traffic injury emergency department
visits and the continued rise of cannabis stocks on the speculation of cannabis
rescheduling in the U.S.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) announced the launch of Zero Proof, a new
brand of THC drinkables in fast-acting, sessionable and easy-to-use formats.
The brand's inaugural product offering, Squeeze, is now available at all
Curaleaf locations in Illinois and will be followed by additional SKUs in the
coming months.
Zero Proof Squeeze follows Select's popular
THC-infused beverage enhancer, Select Squeeze, originally launched in March
2021. While similar in functionality and effect, Zero Proof Squeeze has been
reformulated with natural sweetener to provide a significantly lighter taste
and balanced flavour profile for enhanced mixability. The beverage complement
offers a uniquely controllable and customizable experience with an easy-to-pour
dispenser and compact design delivering 2.5mg THC per dose for discreet
enjoyment on the go.
Utilising nanotechnology, Zero Proof Squeeze
provides a truer-to-flower experience with effects felt in as little as 15-30
minutes, significantly faster than traditional edibles. By turning cannabis oil
into tiny water-soluble molecules, the THC compounds dissolve evenly into any
beverage and are more rapidly and efficiently absorbed into the bloodstream. At
launch, four delicious, low calorie and gluten-free flavours will be available
including Dash of Cherry, Dash of Orange, Dash of Lime and Dash of Sweet.
"Zero Proof exemplifies our commitment
to providing high-quality, consistent consumer products in familiar and
approachable formats that model traditional consumer packaged goods," said
Matt Darin, CEO of Curaleaf. "Curaleaf has been on the forefront of
creating sophisticated cannabis experiences which we believe will ultimately
redefine the way people socialise. We're proud to bring Zero Proof Squeeze to
our patients and customers in Illinois first before expanding to additional
markets."
According to a new Gallup poll, the rate of alcohol consumption
in the U.S. continues to decline with 62% of adults under age 35 reporting they
drink alcohol, down 10% from two decades ago. Zero Proof is the latest addition
to Curaleaf's brand portfolio that seeks to redefine how people socialise by
delivering a fast-acting, sessionable alternative to alcohol.
Aurora
Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), announced an expansion of its hemp-derived CBD
portfolio into Brazil. In partnership with Herbarium, the leading Brazilian
full-spectrum, single-source 3% CBD oil, under the Herbarium brand. Now
available under the direction of medical doctors, patients across Brazil have
access to high quality CBD as part of their healthcare.
"We are proud to continue our
international expansion and bring quality CBD products to Brazilians alongside
our partner, Herbarium, a trusted brand in the market," says Andre Jerome,
EVP of Global Business Development at Aurora Cannabis. "Brazil has strong
growth potential, and we look forward to leveraging our leadership in the
market to further unlock key opportunities in South America."
The CBD oil is produced at Aurora's
production facility in Uruguay, one of the only GMP-certified cannabis
processing facilities in the country. Known for quality and reliability, Aurora
is a leading global supplier of a complete portfolio of cannabis products,
including CBD offerings, to 13 countries internationally.company in herbal
medicine, Aurora will launch the company's
Hemp,
Inc. (OTC:HEMP) has been cited as one of the key players as
the future scope of industrial hemp is set to reach $18.6 billion by 2027.
According to the latest report (published September 1, 2023)
Industrial Hemp Market Industry Increasing Demand, Emerging Trends, Growth, and
Future Scope by 2027 provides a quantitative analysis of market segments and
current trends, and Hemp, Inc. is profiled as one of the key players driving
the market.
The industrial hemp industry is a rapid,
eco-conscious marvel and according to one common denominator of recent reports, hemp-based products will
continue to have significant growth over the next few years which will
undoubtedly bring more opportunities to companies well-positioned in the
industry.
Hemp, Inc.’s e-portal (www.hempinc.com) to its CBD products is primed
and poised to capture a large share of the marketplace, not just domestically
but globally if the hemp industry continues to evolve at this rate. Report after report, as another one mentioned in a previous
press release, is seeing a surge in the “younger population toward organic and
natural products' ' which is anticipated to drive the demand for hemp-based
products globally. There’s no doubt Hemp, Inc. has a superb lineup of
CBD/CBG/CBN products so the Company is well-positioned to grab a sizable
portion of that market share. Hemp, Inc.’s products include a CBD-CBG Topical
Pain Relief Roll-on (THC-free with 1,460mg of CBD and 630mg of CBG totaling
2,090mg of cannabinoids in 5ml), CBD/CBG Natural Coffee Enhancers, CBD/CBG
Tinctures, and, CBDa/CBGa/CBD/CBG/CBN Capsules.
The Company also discovered its grounded
kenaf hemp blend makes the perfect substrate to grow healthy and/or medicinal
mushrooms and has the capability to make and/or provide the raw materials to
produce hemp-based products such as hempcrete, horse bedding, hemp bioplastics,
and more. Needless to say, Hemp, Inc. continues to have a strong foothold in
the market with an invaluable roster of manufacturers and vendors across the
country and abroad to see meteoric growth curves on a domestic and
international scale.
“Industrial hemp or hemp is a variety of
Cannabis sativa plant species that is grown especially for commercial purposes.
Industrial hemp is a fast-growing, environmentally friendly plant with a low
cost to produce. It is also one of the multipurpose and sustainable crops in
the world. Moreover, industrial hemp can be refined into a variety of
commercial items such as rope, paper, clothing, textiles, insulation, paint,
biodegradable plastics, food, biofuel, and animal feed.” (Source)
In recent news, the RCMP has suggested easing a
policy that requires front-line officers and many other employees to refrain
from recreational cannabis use for four weeks before duty.
A change to the five-year-old policy could
bolster recruitment of new officers by bringing the Mounties in line with
police forces that have much less restrictive policies on pot use
An internal RCMP briefing note, obtained by
The Canadian Press through the Access to Information Act, recommends a 24-hour
restriction on cannabis use before reporting to work, with some exceptions.
RCMP spokeswoman Robin Percival says the
current policy is under review but no final decision has been made.
The policy took effect in 2018 when Canada
legalised recreational cannabis.
It requires RCMP employees in
safety-sensitive positions to refrain from non-medicinal
cannabis use 28 days before reporting to
work.
The policy covers a wide array of employees,
from officers and reservists to telecommunication operators and firearm
technicians.
The RCMP says it reviewed all aspects of
its operations in developing the 2018 policy on substance use. It reasoned that
members work across Canada in a unique environment, including as first
responders, in rural and remote communities and can be called back for duty at
any time.
“All RCMP employees must be fit for duty
when reporting for work, which includes not being impaired by alcohol or
drugs,” says a notice on the RCMP website explaining the policy.
“Science shows that cannabis can intoxicate
beyond initial consumption and that there are no established safe limits or
data on how it affects performance. Without established scientific information
about cannabis impairment, the RCMP policy is taking a careful approach at this
time, to ensure workplace and public safety is maintained at all times.”
In other news, according to a new study, which I highly
recommend you read in full detail to determine the veracity of the study,
suggests that over a span of 11 years, annual rates of Ontario emergency
department visits for cannabis-related traffic
injuries surged dramatically.
The study, published Wednesday in JAMA Network Open,
looked at cannabis involvement in emergency room visits for traffic injuries
between 2010 and 2021 in Ontario. It also examined shifts in cannabis
consumption and driving habits following federal legalisation in 2018.
“Our data is raising concern about a
growing problem of cannabis impairment and severe road injuries,” said lead
author, Dr. Daniel Myran, who is also a fellow at the Bruyère Research
Institute and with the University of Ottawa’s Department of Family Medicine.
“Since 2010 there has been a very, very
large increase in cannabis involvement and traffic injury visits in Ontario.”
When the study is looked at under closer examination
we do see that there is no data on which percentage of the 7564 alcohol related
traffic injury ED visits and the 426 cannabis related traffic injury ED visits
had any crossover. One of the issues when looking at cannabis as an impairment
for driving, or in any testing situation, is the fact that cannabis remains in
the blood for up to 90 days. This is an issue I have discussed often on the
podcast and one which is well known in the cannabis testing world.
Another issue which has come up often when
such statistics surrounding cannabis are brought up in the media or in studies
is we often intentionally omit the fact that many of these cannabis related
traffic injuries, also have alcohol in their system, and that it is actually
the alcohol which leads to further coordination and reflex impairment.
A hypothetical scenario, which has occurred
many times in such data sets, is someone who gets in a drunk driving accident
also still has high levels of THC in their system from consumption that is
sometimes days previous to the accident. The report is then filed twice, once
as a cannabis incident and once again as an alcohol related incident. There has
also been occasion where it is only cited as a cannabis related incident.
Again to any interested in the data
provided by this study, I suggest a thorough read.
Finally, we continue to see Cannabis stocks, including Canopy Growth (CGC),
Curaleaf Holdings (CURLF), and Leafly Holdings (LFLY)
to name but a few, got a boost in trading after media reports, as well as a Marijuana Moment
report stated that President Biden has been “very clear” about the “the
legalisation of marijuana for medical purposes.”
This is all based on the news surrounding
the HHS recommending a “rescheduling” of cannabis from a Schedule I drug to a
Schedule III status which we covered in our previous podcast.
While this speculation is currently a boon
for the investment side of the industry, investors and supporters of cannabis should
be cautious of becoming overly optimistic given the many times in the past
there has been speculation surrounding the SAFE banking act and cannabis
decriminalisation which did not materialise. The fact that the Biden
administration has come under heavy criticism for not acting enough when it
comes to cannabis regulations and is heading into an election year should also
be taken into consideration.
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:
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About Investorideas.com - Big Investing Ideas
Investorideas.com is a
platform for investing ideas. We publish breaking stock news, stock research,
guest posts and create original top rated investing podcasts, plus sector tag
articles featuring up and coming companies and industry leaders. Investor
Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move
Podcast ,
Cleantech and Climate Change Podcast,
Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and
tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and
wellness, mining, oil and gas, sports and water. Public companies within the
sectors we cover can use our news publishing and content creation services to
help tell their story to interested investors.
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
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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory
Wednesday, 6 September 2023
Cannabis Stock News: Aurora Cannabis (NASDAQ: ACB) (TSX: ACB) Partners with leading Brazilian company Herbarium to expand CBD Portfolio into Brazil
Cannabis Stock News: NEVIS BRANDS INC. (CSE: NEVI) Announces Expansion of Major™ brands to Nevada
Tuesday, 5 September 2023
Cannabis Stock News: TILT Holdings (NEO: TILT) (OTC: TLLTF), Shinnecock Nation and PowerFund Partners Finalize Change in Partnership of Little Beach Harvest Joint Venture
Cannabis Stock News: MediPharm Labs (TSX: LABS) (OTCQB: MEDIF) Completes Sale of Vacant Land for Cash Proceeds of $1.9 million
Cannabis Stock News: Curaleaf (CSE: CURA) (OTCQX: CURLF) Expands Brand Portfolio With Launch of Zero Proof ™ Cannabis-Infused Drinkables
Friday, 1 September 2023
Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (OTC: $PSYC), (OTCQB: $DBCCF), (OTCQB: $INNPF), (OTCQB: $MEDIF) and (NASDAQ: $CGC)
Investor
Ideas #Potcasts, #Cannabis News and #Stocks on the Move: (OTC: $PSYC), (OTCQB: $DBCCF), (OTCQB: $INNPF),
(OTCQB: $MEDIF) and (NASDAQ: $CGC)
September 1, 2023 (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/2023/090123-Cannabis.mp3
Read this in full at https://www.investorideas.com/news/2023/cannabis-potcasts/09011PSYC-DBCCF-INNPF-MEDIF-CGC.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 go over a few
public company announcements, the potential for cannabis rescheduling in the
U.S. as well as a frank discussion on cannabis studies and drug studies in
general.
PSYC
Corporation (OTC:
PSYC), parent company to Spotlight Media Corporation, announced the Company, through its wholly
owned subsidiary, Spotlight Media Corporation, has completed the acquisition of
the Stock Day Media platform from La Jolla Media,
LLC.
The deal, which is effective September 1,
2023, is valued at $500K and will be satisfied by the Company through a
combination of cash and stock distributions over the course of the next 12
months and contingent upon the achievement of specific net revenue targets
mutually established between the Company and Stock Day Media.
The acquisition follows the formation of a
strategic partnership between the Company and Target Media that was announced on August 29,
2023 and which, according to the Company, played a strategic role in providing
the Company with the initial financing required to execute this acquisition.
Founded in 2013, Stock Day Media has become
one of the fastest growing media outlets for Nano-Cap and Micro-Cap companies.
It educates investors while simultaneously working with penny stock and OTC companies,
providing transparency and clarification of under-valued, under-sold Micro-Cap
stocks of the market. Stock Day Media provides companies with customised
solutions to their news distribution in both national and international media
outlets.
The Stock Day Media website contains over
500 hours of resourceful digital content that includes approximately 1,500
podcast episodes published to Audioboom and an estimated 2,000 podcast episodes
published to its website.
The Company believes there may be an opportunity
to leverage the respective service offerings and brand authorities provided by
Stock Day Media along with its existing investor awareness-focused platforms
such as Technical 420, On the Bids, and Mushroom Stocks to increase its market
share within the investor awareness and public relations sectors and to develop
this arm of its business operations into a more prominent revenue driver for
PSYC.
“We are at a stage in the evolution of PSYC
where monetizing our assets and developing a solid and steady revenue model
that is pragmatically capable of contributing to our objective of
reconstructing our balance sheet is of paramount importance,” said PSYC CEO,
David Flores.
“Over the past 3 plus years, I have had the
privilege of working with Everett Jolly and the amazing Stock Day Media team
and have witnessed firsthand the incredible value their platform can deliver to
companies in the public arena. I believe that integrating their platform
beneath the evolving PSYC umbrella of multimedia assets represents a huge
opportunity for the Company’s current and future value proposition. As
highlighted in our press release earlier this week (PSYC Enters Strategic Partnership with Target Media to
Help Accelerate Audience and Revenue Growth Opportunities), the
Company has increased its year-over-year revenue earnings by nearly 94%. This
has primarily been a result of our acquisition of Technical 420 and On the Bids
last September which are platforms geared towards servicing companies in the
public markets. With Stock Day Media being a platform that is currently
producing sales-related revenue, we can reasonably anticipate for it to have an
immediate and positive impact on our bottom line right out of the gate and
hopefully build on this revenue growth in the months ahead. Additionally, the
board and I are also confident that we have structured this acquisition
prudently and in a manner that we believe is friendly and advantageous to our
shareholders and our ongoing operations budget by minimizing, to the extent
possible, dilution, as well as preserving our cash-on-hand by ensuring that
future cash payments are tied directly to the achievement of specific net
revenue-related milestones.We would also like to thank our new partners at
Target Media who played an instrumental role in helping to make this
acquisition possible through a strategic loan financing agreement that they
made available to the Company earlier this month.
This, in my opinion, is a clear example of
the tremendous value the Target Media team is actively delivering to PSYC and
how they are committed to working with us on helping to place the Company on
viable a path to becoming a formidable multimedia powerhouse.”
Stock Day Media Founder and CEO, Everett
Joly, shared his thoughts on joining the PSYC team: “Stock Day Media is excited
about the opportunity to join PSYC Corporation who has been a long-standing
client and recurring guest on our show over the past several years.
In the last few years alone, Mr. Flores and
his team have made wonderful progress with developing PSYC Corp into a leading
media authority for the psychedelics and cannabis sectors. And I believe that
by bringing our Stock Day Media platform into their business model, we are
helping to build off of this progress and are helping to create a more dynamic
and results-driven model that will ultimately contribute to and enhance the
monetization capabilities of every platform under their umbrella. I am also
looking forward to the opportunity that I believe this will present for us to
expand Stock Day Media’s existing business model and to focus on growth-related
strategies designed and intended for us to capture a larger and more
significant market share in the months ahead.”
Decibel
Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), announced that it has expanded its global
footprint by entering into a supply agreement to provide premium dried medical
cannabis flower to 4C LABS, a healthcare, technology, and pharmaceutical
company focused on virtual prescribing, pharmaceutical distribution and
clinical development in cannabis based medicinal products for human health in
the United Kingdom and Channel Islands (the "UK").
Key Highlights
●
Decibel to supply 4C LABS
with Qwest branded, craft-quality Medical Cannabis for distribution to UK
medical cannabis patients
●
Decibel to grant strain
exclusivity of rare and unique cultivars to be distributed by 4C LABS
●
3-year supply agreement
●
Initial shipment expected
before year end
●
Minimum purchase
commitments achieve exclusivity over certain genetics and QWEST brand in the UK
"We are excited to partner with 4C
LABS, a leading organization in the growing medical cannabis industry in the
UK, that echoes Decibel's commitment to quality and patient care. Not only will
this unlock a strong partnership and a new market for Decibel's craft cannabis
products, it also sets the stage for further growth into other European
markets," said Adam Coates, Chief Revenue Officer. "Decibel's success
with Qwest flower products in Canada and in Israel's medical market reinforces
the demand for premium cannabis products and the reputation we have built to
service that demand."
"4C LABS is building a patient focused
best-in-class product line for the UK & Channel Islands, the Qwest craft
flower line strengthens the top end of the 4C LABS product offerings. Decibel's
innovative craft quality Qwest flower products will fill an empty segment in
the UK market and bring a world class BC Cannabis product to UK patients,"
said Greg Dobbin, CEO 4C LABS. "Decibel's success in Canada, the most
competitive cannabis market in the world, is a product of hard work, innovation
and attention to detail, qualities that will resonate with UK patients."
Innocan
Pharma Corporation (CSE: INNO) (OTCQB: INNPF) announced the results of a clinical study
regarding the pain-relieving effects and safety of the Company's subcutaneous
liposomal CBD (Innocan's LPT platform) for dogs with osteoarthritis. Published
in the Frontiers in Veterinary Science Journal, under the research topic
"Use of Cannabis Derivatives in Veterinary Medicine". The Study
highlights that CBD plasma levels were detected for six weeks following a
single subcutaneous dose of Liposomal-CBD, causing minimal side effects and
effectively decreasing pain, leading to improved well-being in affected dogs.
In the study, six dogs with
naturally-occurring osteoarthritis, unresponsive to conventional medications,
were treated with a single injection of five mg/kg liposomal-CBD (in addition
to their routine medications). The subsequent observations spanned six weeks
and included measuring CBD plasma concentrations, blood work, collar activity
data, and evaluations of well-being and pain. The results were encouraging;
dogs exhibited a substantial drop in pain levels and an uptick in activity.
Key findings include:
●
Prolonged CBD detection in
the plasma with a peak concentration of 45.2 (17.8-72.5) ng/mL.
●
Significant decrease in
pain and increase in well-being for several weeks.
●
Significant increase in
activity (objectively measured) by the fifth and sixth weeks.
●
Minor swelling at the
injection site in five out of six dogs, which resolved within a few days
without any treatment.
The study underscores the effectiveness and
increased bioavailability of LPT-CBD tested as part of a multimodal pain
management in dogs with osteoarthritis. With the drug's plasma concentrations
detectable for six weeks and high exposure in terms of AUC (area under the
concentration-time curve), the research suggests that this liposomal
formulation could become a useful addition to pain management strategies for
improving the quality of life in dogs with osteoarthritis.
Read the full study on Frontiers in
Veterinary Science:
Frontiers | Therapeutic efficacy and pharmacokinetics of
liposomal-cannabidiol injection: a pilot clinical study in dogs with
naturally-occurring osteoarthritis (frontiersin.org)
MediPharm
Labs Corp. (TSX: LABS) (OTCQB: MEDIF) announced that Harvest Medicine's study
entitled, "Self-Reported Effects of Illness Severity, Depression and
Anxiety in Fibromyalgia Patients: A Large Retrospective Case Series" has
been published in the peer-reviewed American Journal of Endocannabinoid Medicine.
Harvest Medicine Inc. ("Harvest Medicine" or "HMED")
includes a medical clinic network, and is a wholly owned subsidiary of
MediPharm Labs.
The retrospective study was led by HMED and
reviewed data from 805 patients who indicated fibromyalgia as a primary reason
for seeking medical cannabis and had a minimum of one follow-up assessment. The
majority of patients (76.1%) reported using CBD oil, which aligns with the
current practice guidelines for authorising medical cannabis as an adjuvant
therapy for managing chronic pain.
The primary findings from the present study
include a significant reduction in all
three scores measuring depression, anxiety, and illness severity between
baseline and first follow-up.
●
75% of patients saw a
decrease in their self-reported illness severity, which may include chronic
pain, insomnia, and fatigue.
●
Anxiety scores were
improved in 22% of those patients reporting mild-moderate severity, and in 48%
of patients reporting severe anxiety.
●
27% of patients reporting
mild-medium depression noted a reduction in symptoms, while 48% of patients
reporting severe depression showed a reduction in PHQ-9 score.
The validated study data shows that medical
cannabis may play an effective role in the management of fibromyalgia and associated
symptoms of depression and anxiety, and that additional, similar studies are
recommended.
"Since 2017, Harvest Medicine's
primary objective is to improve the quality of patients' lives by providing
access to medical cannabis and offering the highest standard of medical care
with a scientifically informed approach" commented Barbara Vermeulen,
Director of Harvest Medicine. "We will continue to advocate for patients
to maintain access to physician guided consultations and education, with the
goal of reducing stigma among health care professionals and advancing patient
outcomes".
Details on the study can be viewed on American Journal of Endocannabinoids Website.
In other recent news reported by Marijuana Moment, earlier
this week the U.S. Department of Health and Human Services (HHS) officially
recommended that cannabis be moved from Schedule I to Schedule III under
federal law—a historic development that means the top health agency no longer
considers cannabis to be a drug with high abuse potential and no medical value.
After completing a scientific review into
cannabis under a directive from President Joe Biden last year,
HHS is now telling the Drug Enforcement Administration (DEA) that it believes
cannabis should be placed in Schedule III of the Controlled Substances Act
(CSA). The recommendation is not binding, and DEA has the final say, but the
scientific analysis combined with growing political support for cannabis reform
may well influence DEA to make the change.
“Following the data and science, HHS has
expeditiously responded to President Biden’s directive to HHS Secretary Becerra
and provided its scheduling recommendation for marijuana to the DEA on August
29, 2023,” an HHS spokesperson said in a statement to Marijuana Moment on
Wednesday. “This administrative process was completed in less than 11 months,
reflecting this department’s collaboration and leadership to ensure that a
comprehensive scientific evaluation be completed and shared expeditiously.”
Moving cannabis to Schedule III would also
unlock marijuana industry tax opportunities that are currently unavailable.
Following this announcement, U.S. Senate
leaders hailed the recommendation Wednesday as a first step toward easing
federal restrictions on cannabis.
Shares in Canopy Growth Corp. (NASDAQ:CGC) rose more than 28 per cent Thursday,
after climbing nine per cent Wednesday. Tilray
Brands, Inc.(NASDAQ:TLRY) shares also saw a rise, almost 11
per cent, after its stock rose more than 10 per cent Wednesday, and shares of Aurora Cannabis Inc. (NASDAQ:ACB) rose almost five per cent.
While this is optimistic news at the moment
for the cannabis sector, there is one issue when it comes to cannabis as well
as drug studies in general in the current medical and corporate world; almost
all of them are biassed and therefore unreliable.
I wouldn’t go as far as to say there is
falsified data in any of either the pro or anti cannabis studies that circulate
the web on a weekly basis, but the issue is, oppositional studies exist
alongside one another at all times.
This week alone I saw several articles
discussing studies showing that cannabis use is leading to an increase in
schizophrenia and cannabis use disorder, while at the same I saw articles come
out claiming the opposite.
Below are links to a few examples to get an
idea of what I’m talking about.
How marijuana impacts pain, sleep, anxiety and more,
according to the latest science | CNN
Young people, pregnant women and drivers should avoid
cannabis – study | Cannabis | The Guardian
Study: Young MJ Consumers With Psychosis Risk Saw Symptom
Improvement | High Times
The issue is, both studies seem reliable at
first glance, but upon further scrutiny, both sides of the argument prove to be
biassed.
The issue stems from corporate owned
“medical journals”.
Certain Pharmaceutical companies own
different medical journals to add legitimacy to their products, and this is a
well known fact in the world of medicine and drug development. As cannabis
continues to expand its reach the same is now true for the cannabis industry.
There are still seemingly reputable sources
such as Johns Hopkins, but even they have produced opposing studies and
findings.
Even anecdotal evidence is hard to take
into account as the internet has become ripe with false accounts, false information
and opposing narratives.
What seems to be close to the truth is that
cannabis is a serious competitor to traditional pharmaceuticals on the market,
whether we are looking at pain management drugs, anxiety or depression drugs or
cancer drugs. What also seems true is that the cannabis industry and research
in general regarding micro-cannabinoids is still in its infancy compared to
other substances currently available through the traditional pharma/medical
model.
The problem with cannabis and opposing
studies is the same problem we see for nearly all medicine on the market today.
I don’t even want to get started on vaccines.
So moving forward, especially as we see the
pharmaceutical industry begin to hedge their bets and invest in synthetic
cannabinoids, which are a nightmare and should be tossed aside, how does
cannabis avoid going down the same path of every other medical product on the
market today?
No one wants to see side effect warnings
for cannabis catch up to pharmaceuticals in 5 years, but based on the current
trajectory of things, that isn’t outside the realm of possibility,
So while I do still believe overall in the
benefits of cannabis, mainly due to my lived experience and interactions with
hundreds of people who have explained their stories of how cannabis use
massively improved their quality of life and overall health, it is hard not to
look at how business is slowly infecting cannabis with all the mistakes of the
past.
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