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Showing posts from September, 2022

WSLCB Announces Settlement with Unicorn Brands LLC

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To: Cannabis Licensees and Stakeholders Fr: Board Chair David Postman Re: Settlement with Unicorn Brands LLC  I am writing to follow up on an issue brought to the board’s attention by some of you and that many licensees expressed concerns about at Board meetings since last year.  When there is an open investigation and adjudication Read the full article... http://dlvr.it/SZD8LL

Aelis Farma: Availability of the 2022 Half-year Financial Report

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BORDEAUX, France--(BUSINESS WIRE)--Regulatory News: Aelis Farma (ISIN: FR0014007ZB4 - ticker: AELIS, PEA-PME eligible), a clinical-stage biopharmaceutical company specialized in the development of treatments for brain diseases, today announces that its half-year financial report has been made available to the public and filled with the French Financial Markets Authority (Autorité des marchés financiers). It can be consulted on the Company's website, www.aelisfarma.com, in the section Investors/Documentation/Reports. *** About AELIS FARMA Founded in 2013, Aelis Farma is a biopharmaceutical company that is developing a new class of drugs, the Signaling Specific inhibitors of the CB1 receptor of the endocannabinoid system (CB1-SSi). These new molecular entities hold great potential in the treatment of many brain diseases. CB1-SSi were developed by Aelis Farma on the basis of the discovery of a new natural defense mechanism of the brain made by the team of Dr. Pier Vincenzo Piazza

Turn On. Tune In. Catch the Buzz on Marijuana Channel One.

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Turn On. Tune In. Catch the Buzz on Marijuana Channel One. 

Aelis Farma reports 2022 half-year financial results and confirms its development objectives

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BORDEAUX, France--(BUSINESS WIRE)--Regulatory News: Aelis Farma (Paris: AELIS)(ISIN: FR0014007ZB4 - ticker: AELIS, PEA-PME eligible), a clinical-stage biopharmaceutical company specialized in the development of treatments for brain diseases, today announces its half-year results for the period ended June 30, 2022 and takes stock of its development. Pier Vincenzo Piazza, CEO of Aelis Farma, said: "We are very happy with the progress made during the first months of our listing on Euronext. Raising €25.3 million during our IPO in February allowed us to considerably strengthen our financial structure and be able to deploy our strategy with a high visibility. In accordance with the roadmap presented to the financial community, we have reached an important milestone with the recruitment of the first patient in the phase 2b study with Aelis Farma most advanced compound: AEF0117 for the treatment of cannabis addiction. The second part of the year promises to be just as dynamic, in parti

High Tide Ranks 21st Out of 448 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years

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CALGARY, Alberta--(BUSINESS WIRE)--High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it has ranked 21st out of 430 companies on the 2022 Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies based on their three-year revenue growth. High Tide earned its spot with a three-year growth rate of 1,970%. This follows the Company’s 2021 ranking of 82nd out of 448 companies with a three-year growth rate of 733%. “The Globe and Mail, Canada’s newspaper of record, has, for the second year in a row, recognized High Tide’s exponential growth, ranking us 21st out of 430 on its annual ranking of Canada’s Top Growing Companies due to our three-year revenue growth rate of 1,970%. Receiving this honour two years running is a testament to our ability to continue to execute

Global Cannabis Extract Market Report 2022: Rising Usage of Cannabis for Recreational and Medical Purposes Fuels Growth – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Cannabis Extract Market Size, Share & Trends Analysis Report by Product Type (Oil, Tinctures), by Extract Type (Full Spectrum Extracts, Cannabis Isolates), by Sources (Hemp. Marijuana), by End Use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The global cannabis extract market size is expected to reach USD 15.5 billion by 2030. according to this report, it is expected to expand at a CAGR of 20.6% over the forecast period. The growth is attributed to the rising usage of cannabis for recreational and medical purposes. Various nations have legalized cannabis usage which has reduced the sale in the black market and increased legal product purchases. The industry has also opened revenue-generating opportunities for various countries through government-imposed taxes on cannabis oil and tinctures that are commonly used to treat various ailments, including anxiety, nausea, and cancer.

Global Medicinal Cannabis Market Report 2022: Increasing Technological Advancements in Testing Cannabis Quality Bolster Sector – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Medicinal Cannabis Market, by Point of Sale, by Active Ingredient, and by Therapeutic Application, and by Region – Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030” report has been added to ResearchAndMarkets.com’s offering. Medicinal cannabis, also known as medical marijuana, is used either for the treatment of diseases or to improve their Read the full article... http://dlvr.it/SYnpzW

IGC Announces Issuance of Second Patent for the Treatment of Alzheimer’s Using THC

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POTOMAC, Md.--(BUSINESS WIRE)--India Globalization Capital, Inc. (“IGC” or the “Company”) (NYSE American: IGC) announced today that the United States Patent and Trademark Office (“USPTO”) issued a second patent (#11,446,276) for the treatment of Alzheimer’s disease entitled “Extreme low dose THC as a therapeutic and prophylactic agent for Alzheimer’s disease.” The original patent application was initiated by the University of South Florida (“USF”) and filed on July 30, 2015. On May 25, 2017, IGC entered into an exclusive license agreement with USF with respect to the patent application and the associated research conducted on Alzheimer’s disease. On January 9, 2020, the patent application was modified by the Company. Separately, on July 22, 2021, IGC announced the grant of the first patent (11,065,225) for some of that research and work. This new patent is for a continuation of that work. The Company’s subsidiary, IGC Pharma, used some of the research to develop an oral formulation,

Yuluka Health’s 2022 International Polo Open Sponsorships Are Connecting Its Holistic Wellness Products with Top Equestrians

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MIAMI–(BUSINESS WIRE)–Yuluka Health Inc. is a global company with a strong social conscience that prioritizes the health and well-being of humans and animals alike. With over 30 years of experience, its team are veterans in the botanical, pharmaceutical, biotech and consumer packaged goods industries. Yuluka Health has a strong desire to adapt to the ever-shifting Read the full article... http://dlvr.it/SYfvcq

California Governor Signs Bills to Expand the Legal Cannabis Market, Address Impacts from Past Prohibition of Cannabis

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Governor calls on legislators and other policymakers to redouble efforts to tackle barriers to access CALIFORNIA: Governor Gavin Newsom today announced that he has signed several measures to strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition. Though the state has made significant progress since the legalization of Read the full article... http://dlvr.it/SYcYv1

CORRECTING and REPLACING High Tide Reports Third Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Tenth Straight Quarter of Positive Adjusted EBITDA

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CALGARY, Alberta–(BUSINESS WIRE)–In the financial table Selected financial information for the three and nine months ended July 31, 2022, Loss per share (Basic), Three months ended July 31, 2022 should read: (0.04) instead of (0.05); Loss per share (Basic), Three months ended July 31 Change should read: 33% instead of 67%. The updated release reads: Read the full article... http://dlvr.it/SYSwsC

OLCC Minor Decoy Activity Returns

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After Pandemic Prolonged Hiatus Eugene area alcohol retailers perform poorly during checks OREGON: Inspectors from the Oregon Liquor and Cannabis Commission (OLCC) are again fanning out across the state checking to see if OLCC licensees are allowing minors to purchase alcohol, and so far the results are disappointing. In two recent Minor Decoy Operations (MDOs) Read the full article... http://dlvr.it/SYSXKf

Burns & Levinson Hosts Sixth Annual State of the Cannabis Industry Conference in Boston on October 17, 2022

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MASSACHUSETTS:  Burns & Levinson will host its sixth annual “State of the Cannabis Industry” conference, which will focus on critical issues in the multibillion dollar cannabis industry, on October 17, 2022, from 8:30 a.m. to 6:00 p.m. ET. The conference will be held in person at the Westin Waltham Boston. A live stream option will Read the full article... http://dlvr.it/SYP6qy

Honoring Hispanic Heritage Month with Women in Cannabis, a Sit Down with Ixchel Mooney, Co-Owner of Mujeres Valley Campground

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By Veronica Castillo This column honors BIPOC in Cannabis every day in every way, but this month, we celebrate the contributions of the Hispanic community in America, by celebrating National Hispanic Heritage Month (September 15- October 15).   Celebration means different things to different people. Corporate America highlights the spending power of the hispanic community, I Read the full article... http://dlvr.it/SYC85z

WSLCB Investigation Finds Illegal Cannabis Sales at Two Washington Sites (Tacoma and Roy, Pierce Co.)

LCB Investigation Finds Illegal Cannabis Activity at “Vincere’s Compassion Club” and Roy’s “Red Barn Trading Post” in Tacoma and Roy (Pierce Co.) WASHINGTON: Following an investigation into unlicensed cannabis sales, Washington’s Liquor and Cannabis Board (LCB) Enforcement and Education Officers entered the two businesses that were the subject of the investigation and seized 1,300 pounds Read the full article... http://dlvr.it/SY3kFl

Tilray Initiates Roundtable With German Regulators to Kick-Off Draft Legislation to Legalize Adult-Use Cannabis in Germany

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GERMANY: Tilray Brands, Inc., a leading global cannabis and consumer packaged goods company, today announced that the Company has initiated a policy roundtable with German regulators on adult-use cannabis legalization in Germany. In this meeting, the German Drug Commissioner, Burkhard Blienert, presented the plan for adult-use cannabis legalization and repeated the German government’s announcement that Read the full article... http://dlvr.it/SXt5KT

OLCC Marijuana Violation Reclassification (SB 408) Rules Advisory Committee Meeting

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Marijuana Violation Reclassification (SB 408) Rules Advisory Committee Meeting September 6, 2022 – 9:00 AM – 12:00 PM AGENDA Prior to the passage of 2021 SB 408, the OLCC engaged with industry partners to scope the violation reclassification project. Many of the violations listed in Oregon Administrative Rule chapter 845 division 25 were written in Read the full article... http://dlvr.it/SXcYhs