Author: CannabisNewsWire (CNW)

About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Lemon Glow Subsidiary Takes Step Toward Commercial Cannabis Cultivation

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, through its wholly owned subsidiary Lemon Glow, has been granted a conditional use permit (“UP”) number from the Lake County, California, Community Development Department. The company notes that this permit takes the company one step closer to obtaining a UP for commercial cannabis cultivation. SGMD acquired Lemon Glow and its 640-acre property , along with other assets, interests and rights, earlier this year. According to the company, once necessary approvals and permits are obtained, a portion of the property will be approved for outdoor cannabis cultivation; company officials estimate that the potential for annual cultivation yield may be as high as 4,000 pounds of dry trimmed cannabis flower per acre annually, or an estimated 128,000 pounds in total. The company is now focused on obtaining the requisite approval from other local and state regulatory authorities in California. “We are excited to see the process moving forward for our Lemon Glow property, which represents an important strategic asset as we further verticalize our overall model,” said Sugarmade CEO Jimmy Chan in the press release. “Our vision is ‘seed to door,’ which would separate us from other players in the California cannabis marketplace, given that we have already established a leading and growing presence in the cannabis delivery market and have set in motion a process to control our own supply chain. Ramping up our cultivation resources is a significant step in fully leveraging a vertical model to drive shareholder value through margin gains.” 

To view the full press release, visit https://cnw.fm/4fySt

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s portfolio includes CarryOutsupplies.com, SugarRush(TM), NUG Avenue, Lemon Glow and Budcars. For more information about the company, please visit www.Sugarmade.com.

NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SUGAR

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW — Hemp Set to Disrupt the Construction Industry

The most popular building materials today are wood, steel and concrete. While engineers and architects utilize these materials almost by default, a new material on the market may soon shift their interest.

Hemp has been growing in popularity for its many uses, including as a building material. The plant is a nonpsychoactive form of the marijuana plant that has been used for a long time to manufacture bioplastics, insulation and rope, as well as other industrial products due to its rapid growth and strength.

Hemp is becoming a viable option for building, given its differences from and similarities to wood. Its favorable carbon footprint has also helped increase its use in construction.

The plant was legalized under the amended 2018 Farm Bill, which heightened interest in the plant from product manufacturers and entrepreneurs.

Hemp can be grown in about 90 to 120 days, which is 100 times faster than an oak tree. This is in addition to isolating four times more carbon than a forest that is similarly sized. The plant absorbs roughly 20 metric tons of carbon per hectate, which is doubled by its ability to be harvested twice a year.

Many building products made from this plant use its fibers in different ways, including strengthening cementitious materials and weaving textiles. Companies such as Fibonacci, a supplier of hemp products, also manufacture furniture, frames, cabinets, flooring and lumber using hemp. The company’s objective to recreate density, hardness and stability of oak in a hardwood-like material. The hemp product manufacturer notes that its material, dubbed HempWood, is almost twice as strong as oak.

Plantd, a hemp startup based in North Carolina, also recognizes the plant’s considerable carbon performance and strength, with its cofounders Huade Tan and Josh Dorfman noting that this makes the plant an optimal material for use in residential building applications. The company is planning to manufacture hemp-based oriented strand boards, which the Tan and Dorfman claim will be less expensive.

Oriented strand board (“OSB”) is a material possessing favorable mechanical properties that make it ideal for load-bearing applications in construction.

In the short term, hemp may struggle to compete with wood, steel and concrete, as its building products are still confined to interior applications and shorter spans. However, in the long term, it will begin to compete with these popular building materials, especially in the residential construction space. At the moment, its popularity continues to grow, driven by the recent lumber scarcity that has led to a hike in lumber prices.

Hemp isn’t just proving its value in the CBD and construction segments; entities such as Flora Growth Corp. (NASDAQ: FLGC) are showing just how superior hemp textiles can be, and the market is taking note of this new fabric grabbing headlines.

NOTE TO INVESTORS: The latest news and updates relating to Flora Growth Corp. (NASDAQ: FLGC) are available in the company’s newsroom athttps://cnw.fm/FLGC

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Cannabis Industry Emerges Stronger Out of the Pandemic

The coronavirus pandemic has been a once-in-a-lifetime disaster that claimed millions of lives and left the world economy crippled and struggling to recover. Considered by most experts to be the worst economic crisis since the Great Depression, COVID and the subsequent lockdowns dealt a great blow to commerce, forcing millions of factories and businesses across the world to close their doors as countries locked down their borders and passed lockdown protocols.

Airlines and companies in the hospitality sector were the most affected, shouldering most of the job losses caused by the pandemic. The economic damage caused by nearly a year of slowed commerce and disrupted supply chains to such industries will be felt for quite a while, a report from the United Nations Conference on Trade and Development says.

However, one sector that seems to have emerged from the pandemic relatively unscathed is cannabis. While several sectors were forced to reduce or halt their operations, most states with legal cannabis markets deemed the industry essential, allowing cannabis businesses to continue their operations despite lockdown orders. Some states even allowed online ordering, curbside pickups and deliveries to reduce the risk of infection for both staff and customers. As a result, the nascent industry saw booming sales over the course of 2020, with states such as Colorado that have already-established cannabis markets reporting record sales.

Data shared at last week’s MJBizCon from Marijuana Business Daily shows that customers purchased $20 billion worth of cannabis last year, with cannabis sales projected to hit $26 billion this year and a whopping $45.9 billion in 2025. Chris Walsh, CEO and president of MJBizDaily, says that the nearly $46 billion projection would make America’s state-legal cannabis sector larger than the country’s craft beer sector.

More than two-thirds of the states in the country have legalized medical marijuana, and 18 states allow recreational use so it’s no surprise that the controversial drug is selling like crazy. Coronavirus lockdowns left customers stuck at home bored, anxious and, more often than not, flush with stimulus money. Turning to cannabis was a no-brainer for many of them, especially to deal with the fear, anxiety and stress caused by the pandemic.

According to Walsh, what is happening to the cannabis space is more than just a “COVID boost.” Cannabis sales have continued to accelerate, notably in states with established markets such as Colorado, Oregon and Washington, and he notes that this is a sign of the industry maturing. Even so, cannabis still has to overcome issues such as zero federal guidance, a massive black market, and limited access to financial services.

The resilience shown by the marijuana industry amid the pandemic is testament to how much companies such as American Cannabis Partners can grow once the regulatory landscape in which they operate at the federal level undergoes an overhaul away from the prohibitive stance which has lasted for decades.

NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom athttps://cnw.fm/ACP

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CBDNewsBreaks – Endexx Corporation’s (EDXC) Popular Blesswell(TM) to Hit Shelves of Major Retail Chain

Endexx (OTC: EDXC), a provider of innovative hemp-derived cannabidiol (“CBD”) wellness and health products, today announced its receipt of a vendor number and cleared compliance with a major well-known drug chain for the placement of its BlessWell(TM) product line. Endexx has already begun the process of preparing products for shipment and placement by year-end into the national chain, and the initial arrangement will target approximately 1,000 stores in North America. The men’s skin care line, Blesswell, launched in May 2021 with famed record producer and music mogul, DJ Khaled. Blesswell has received high praise and mass exposure recently as many celebrity influencers have mentioned the product on social media. In addition, Chicago saw the successful launch of a large-scale, Blesswell pop-up store. Endexx’s goal for Blesswell is continued nationwide expansion, both in retail as well as barbershops.

To view the full press release, visit https://cnw.fm/bKy0A

About Endexx Corporation

Endexx, through its operating division CBD Unlimited Inc., develops and distributes all-natural CBD products derived from the cannabis sativa plant (hemp), containing less than 0.01% THC. Under its four major brands: CBD Unlimited, Phytobites, Maggie’s, and BlessWell, its products range from oils, capsules, topicals and pet products, all with the shared purpose of therapeutic and pain relief for humans and pets. PhytoBites are CBD soft chews for animal use that are formulated to promote health and support the reduction of separation anxiety, pain and inflammation. The science behind these products involves over half a decade of clinical research in the field and lab work to provide accuracy in dosage and delivery of optimal absorption per serving. For more information about the company, visit www.Endexx.com.

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Entry into Phase 2 of Florida Expansion

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has officially entered phase 2 of its Florida expansion plan. According to the update, the plan is ahead of schedule with this week’s delivery of 30 modular grow pods to Red White & Bloom Florida LLC (“RWBFL”), a Red White & Bloom Brands subsidiary, at its Apopka, Florida, cultivation location. Phase 2 started with the commissioning and OMMU approval of five pods that have been loaded and are growing plants. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than Dec. 1, 2021. “Our Red White & Bloom Florida team has been on time, on target and under budget with the execution of every step of our aggressive three-phase development strategy for our two cultivation centers in Florida,” said Brad Rogers, CEO of Red White & Bloom. “With the delivery of the grow pods and anticipated launch date of Dec. 1st, we are ahead of schedule and on our way to adding $30 million in revenue annually from the pods. Coupled with our cultivation and processing in Sanderson, the additional product will ensure Red White & Bloom has the needed inventory to fulfill inventory requirements at our HT Medical Cannabis dispensary in Springhill and for the next three dispensaries opening in the first quarter of 2022. The locations of the three dispensaries are St. Petersburg, Daytona and Miami Beach.”

To view the full press release, visit https://cnw.fm/MIT00

About Red White & Bloom Brands Inc.

The company is positioning itself to be one of the top three multistate cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on the major U.S. markets, including Michigan, Illinois, Massachusetts, Arizona and California with respect to cannabis, and the U.S. and internationally for hemp-based CBD products. For more information about the company, visit www.RedWhiteBloom.com.

NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW — Florida Judge Rules That Ordering Medical Cannabis Online Is Legal

Last week, an administrative law judge issued a ruling stating that medical cannabis operators and patients who use medical cannabis in the state of Florida could resume selling and buying cannabis products online.

Up until February of this year, most medical cannabis operators in the state relied on a popular e-commerce marijuana company I Heart Jane and Leafly to offer online shopping services to patients who use medical cannabis in Florida. However, state health officials prohibited these operators from using third-party sites such as Leafly to process medical cannabis patient orders, arguing that they were in violation of state laws which prohibited operators from contracting for services directly associated with the growing, processing and dispensing of marijuana. The Department of Health issued a memo that same month that stipulated that the department would impose a $5,000 fine on any continuing to use these services.

The memo stated that these services were banned under a 2017 legislation that established a structure for the Florida marijuana industry. The law stipulates that medical cannabis operators should control all aspects of the business including the growing, processing and dispensation of its products, instead of allowing other companies to handle individual components of the business.

The then-chief of staff at the Department of Health, Courtney Coppola, noted that contracting with third-party websites for services directly associated with cannabis dispensation was a violation of this provision. However, Leafly Holdings refuted this claim, noting that it wasn’t engaging in activities associated with the dispensation of marijuana products because it didn’t distribute these products to patients or accept payment for the product.

The Seattle-based company filed a petition requesting the administrative law judge to decide whether the Department of Health in the state of Florida used an invalid law to conclude that the company’s online services violated the law. Judge Suzanne Van Wyk, who presided over the case, gave the ruling on Monday and ordered that the state agency discontinue reliance on its policy with immediate effect.

Leafly and other sites enable patients to see product availability, compare prices and shop online from dispensaries. Patients who order their products online are notified when their orders are ready. However, patients have to pick up the products and pay for them in person at their preferred dispensary location. Licensed medical marijuana treatment centers pay these e-commerce companies for ordering, advertising and marketing services on a subscription basis.

Such lawsuits and rulings help to clarify the boundaries of what is legal and what isn’t for all sector players, including Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), and consumers are the ultimate winners when everyone is playing by the same rules.

NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Sustainability Drives Cannabis Beverage Makers to Adopt Eco-Friendly Packaging

After more than a century of industrialization, we are finally starting to own up to the repercussions of polluting the environment. The world is heating up to a dangerous degree, disrupting planetary cycles and causing extreme weather conditions around the globe. While the drive for sustainability and renewability didn’t pick up much steam before the 2010s, more and more companies are striving to reduce their carbon footprints as people become more conscious of the environmental effects of their favorite products. America’s state-legal cannabis industry hasn’t been left behind, with players that make cannabis beverages ditching traditional packaging options for ecofriendly alternatives.

Consumers, especially from the younger generations, are more cognizant of climate change, and this is frequently reflected in their buying habits. Katie Simmons, marketing director for Pactiv Evergreen, says consumers are increasingly turning their attention to healthy, sustainable products, and this extends to beverage packaging.

Recyclability and renewability are top priorities when it comes to beverage packaging considering how wasteful and harmful traditional beverage packaging such as glass and plastic can be. As a whole, the beverage industry is changing to stay ahead of both consumer demand and legislation, according to Peter Gonclaves, vice president of marketing at Tetra Pak.

Cannabis beverages are a relatively new segment of the marijuana industry, partly because the technology needed to make high-quality cannabis-infused drinks has taken time to perfect. Even so, the global cannabis beverages market is projected to be worth $2 billion by 2026, and companies that hope to succeed will have to make sustainability a major part of their plans. Not only will this allow them to attract environment-conscious customers in droves, but it will also help them reduce their carbon footprints and meet increasingly strict emission standards. Using sustainable packaging is an effective way to do this because it reduces the amount of overall waste at the source and lessens the strain recycling facilities are under. Tetra Pak, for instance, has launched a program that develops cartons using carbon-neutral, fully renewable, and fully recyclable plant-based materials.

Brent Haynam, commercial engineering manager for Scholle IPN, notes that sustainable packaging doesn’t just further recycling goals. “Bag-in-box” and pouch packaging for beverages can reduce source material weight by as much as 90%, he says. For instance, a player in the wine industry can ship more than 100,000 empty bag-in-box packages compared to only 34,000 glass bottles in a truck, resulting in significant savings as well as helping to preserve the environment.

Companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) that walk the talk of environmental consciousness are set to reap big as less ecologically responsible companies are gradually shunned by consumers.

NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Plans to Launch VapeTV US

Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced its entry into a non-binding letter of intent (“LOI”) for the formation of a new in-store advertising business to be called VapeTV US Inc. According to the update, MCOA’s wholly owned distribution company, cDistro Inc., will own 25% of the VapeTV US business, partnering with VapeTV Ltd. of the United Kingdom and Jasleen Enterprises LLC, the owner of Vapor Maven. “We are excited to initiate the U.S. market version of the highly successful and lucrative VapeTV business,” said Mike Shaw, the founder of VapeTV UK. “By launching with Vapor Maven’s nearly 200 retail locations and by leveraging cDistro’s active customer database of more than 65,000 retail vape stores in the U.S., we anticipate an accelerated delivery of VapeTV advertising content to U.S. consumers. We believe that the high level of competition among the thousands of individual smoke, vape and CBD brands vying to sell in the U.S. will result in a high demand for the in-store media advertising space and content VapeTV US plans to provide.”

To view the full press release, visit https://cnw.fm/TYGFG

About Marijuana Company of America Inc.

Marijuana Company of America operates and invests in the cannabis sector directly. The company’s operations include C-Distro, one of the fastest growing distribution companies in the THC, Hemp and CBD cannabis industries, hempsmart(TM), a premium CBD company, and a Salinas, California-based cannabis nursery cultivation facility that is a cultivator and distributor utilizing its own growing systems to produce desirable cannabis clones. The company’s core mission is to leverage its experience and access to capital to identify and invest in acquisitions with unique growth potential. For more information, visit www.MarijuanaCompanyofAmerica.com.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Announces Strategic Engagement of MZ Group

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) today announced its engagement of international investor relations specialists MZ Group to lead a comprehensive strategic investor relations and financial communications program across all key markets. The partnership with MZ represents an investment in BevCanna’s go-forward growth strategy as the company rapidly accelerates its evolution into a diversified health and wellness company. “Cannabis is an emerging leader within the overall $4.5 trillion wellness market, with the product market projected to reach $90.4 billion by 2026, according to MarketsandMarkets,” said Ted Haberfield, chairman and president of MZ Group North America. “BevCanna leverages proprietary and patented technology to produce premium tasting, water-soluble cannabinoid infusions using THC and CBD from both cannabis and hemp. The company’s expertise, world-class infrastructure and proven technology enables the development and launch of premium, innovative, cannabis-infused beverages that cater to the next generation of cannabis consumer.”

To view the full press release, visit https://cnw.fm/js3V3

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a world–class 40,000–square–foot, HACCP-certified manufacturing facility, with a bottling capacity of up to 210 million bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with top U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.

NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) to Expand Hypertension Clinical Program Through Most Ambitious Study to Date

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced a significant new study to expand its hypertension clinical program. In addition, the company provided updates on three ongoing human clinical studies evaluating its proprietary DehydraTECH-CBD for potentially treating hypertension and heart disease. “HYPER-H21-4 is the most ambitious study Lexaria has ever undertaken and is enabled from the successful outcomes from our other 2021 human hypertension studies,” said Lexaria CEO Chris Bunka in the news release. “Outcomes from this study could support Lexaria’s goals related to pursuit of regulatory approvals for DehydraTECH-CBD for potential use as a treatment for high blood pressure.”

To view the full press release, visit https://cnw.fm/GVGwq

About Lexaria Bioscience Corp.

Lexaria’s patented drug delivery technology, DehydraTECH(TM), improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery. Since 2016, DehydraTECH has repeatedly demonstrated the ability to increase bio-absorption with cannabinoids and nicotine by up to 5-10x, reduce time of onset from 1-2 hours to minutes and mask unwanted tastes; it is also being evaluated for orally administered anti-viral drugs, non-steroidal anti-inflammatory drugs (“NSAIDs”) and more. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 23 patents granted and over 50 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://cnw.fm/LEXX

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.