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Showing posts from November, 2022

Moonstone Bank Issues Statement Regarding Alameda Research Ventures, LLC

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FARMINGTON, Wash.--(BUSINESS WIRE)--Farmington State Bank d.b.a Moonstone Bank today issued a statement addressing questions and correcting inaccurate and unsupported allegations around an investment in FBH Corporation, the bank’s holding company, made by Alameda Research Ventures, LLC in January 2022. Moonstone Bank (Farmington State Bank) is a 135-year-old bank that, since its 2020 acquisition by FBH Corporation, embraced an innovative startup business model, with the goal to serve new customers in underserved industries, such as digital assets and hemp/cannabis businesses. The new model leverages management and technology, built and selected for purpose, to safely and soundly support these innovative businesses and consumers. Throughout our history and throughout the recent process of transforming our business model, we have remained in close communication with our regulators and have built robust processes, programs, and controls to ensure all our activities comply with all applica

High Tide Launches Exclusive Paid Membership Program: “Cabana Elite”

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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 the launch of Cabana Elite (“ELITE”), an optional paid membership upgrade for Cabana Club members. Starting today, customers can sign up for ELITE in-store and online at www.cannacabana.com. The Company expects that ELITE will extend the Cabana Club membership program, attract new customers and instill even greater customer loyalty. The Company anticipates that further discounts, benefits and promotions will be regularly added to ELITE. The table below outlines the various perks and benefits available to ELITE members:   Cabana Club ELITE2 UNBEATABLE prices on cannabis3 √ √ Up to 80% off accessories, everyday √ √ 25% off accessory coupon   √ Triple entries into the 420 Car Giveaway, featuring a TESLA Model Y valued at over C$100,000   √ Exclus

Global Cannabidiol Market Report 2022: Growing Acceptance and Use of Products Due to Government Approvals Drives Sector – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Global Cannabidiol Market (2022-2027) by Type, Distribution Channel, End-User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Cannabidiol Market is estimated to be USD 3.76 Bn in 2022 and is expected to reach USD 8.15 Bn by 2027, growing at a CAGR of 16.72% Market Dynamics Drivers Growing Acceptance and Use of Products Due to Government Approvals Rising Demand from Medical and Pharmaceutical Industry Increasing Awareness of Healing Properties of Cannabidiol Restraints Risk of Side-Effects Such as Dry Mouth, Diarrhea, Reduced Appetite Legal Constraint on Sales of CBD in Some Countries Opportunities Increasing Customer Inclination Towards Natural or Herbal Remedies/Products Boosting Product Sales Though Alliances With Health and Wellness Retailers Challenges Lack of Awareness and Standardization in Many Developing Markets     Market Segm

Rosen Introduces Legislation to Ensure Cannabis Small Businesses Can Access SBA Loans and Programs Available to Other Small Business

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WASHINGTON, DC — Yesterday, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, introduced the Fair Access for Cannabis Small Business Act to ensure that legally operating cannabis small businesses have access to loans and programs provided by the Small Business Administration (SBA). Currently, the SBA excludes all small businesses with Read the full article... http://dlvr.it/Sd8Lxb

Commission Reminds Licensees of Agency’s Authority

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OLCC takes action on THC lab shopping OREGON: Members of the Oregon Liquor and Cannabis Commission (OLCC) have a message for OLCC licensees – if you flaunt the rules and test our authority we’re going to come down on you, even if we think your complaint has merit. At its regularly scheduled monthly meeting on Read the full article... http://dlvr.it/Sd7zXC

Global Cannabidiol (CBD) Strategic Business Report 2022: Market to Reach $13.4 Billion by 2027 – U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19.8% CAGR – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Cannabidiol: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Cannabidiol Market to Reach $13.4 Billion by 2027 In the changed post COVID-19 business landscape, the global market for Cannabidiol estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$13.4 Billion by 2027, growing at a CAGR of 15.1% over the analysis period 2020-2027. Hemp, one of the segments analyzed in the report, is projected to record 16.4% CAGR and reach US$8.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Marijuana segment is readjusted to a revised 12.8% CAGR for the next 7-year period. The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19.8% CAGR The Cannabidiol market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world's second largest economy, is forecast to r

The Alkaline Water Company Appoints David Rauch to its Board of Directors

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country’s largest independent alkaline water company and the Clean Beverage® company, is pleased to announce the appointment of attorney David Rauch to its board of directors, effective November 16, 2022. Mr. Rauch will serve on the Company’s audit and compensation committees providing expertise drawn from his decades of practicing law as a business and franchise attorney and serving in executive roles. “We extend a very warm welcome to David Rauch as he joins The Alkaline Water Company’s Board of Directors,” said Aaron Keay, the Company’s Chairman of the Board. “David has a long career in business operations and law that will serve the Company well. We expect to benefit greatly from his fresh and discerning perspectives during this pivotal time of growth and strategic execution for The Alkaline Water Company and the Alkaline88® brand.” Mr. Rauch is the President and General

Invitation: Join a Second Conversation on Cannabis Plant Canopy Rules Modernization, November 29, 1-2:30 p.m.

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WASHINGTON: The Washington State Liquor and Cannabis Board (LCB) is hosting a second conversation on Tuesday, November 29 from 1-2:30 p.m. to explore ideas for modernizing the rules for cannabis plant canopy (WAC 314-55-075). This conversation is the second in a series of World Café style discussions. Our first session, held on October 4, 2022 Read the full article... http://dlvr.it/Sctbxj

LibDib@RNDC Now Available in Georgia

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GRAND PRAIRIE, Texas & SAN JOSE, Calif.--(BUSINESS WIRE)--RNDC and LibDib today announced LibDib@RNDC GA, a new RNDC sales division within the state of Georgia. LibDib@RNDC GA brings LibDib’s platform-based distribution model to the state, allowing any and all compliant wine and spirits suppliers to secure wholesale distribution in this major U.S. market. “LibDib@RNDC GA opens our market to any and all wine and spirits brands,” said Randy Hecklinski, State EVP, Georgia for RNDC. “LibDib is an incredible partner for RNDC and together we are bringing new market growth opportunities to all suppliers.” To start, LibDib@RNDC GA is opening to a select group of both LibDib and RNDC wine and spirits suppliers. The sales division will then open the market to all suppliers in the coming months. Current LibDib Makers and new suppliers interested in distribution in Georgia can express interest here and will be alerted when the market is live for distribution. The LibDib@RNDC GA sales division

Global Hemp CBD Market Report 2022: Rise in the Demand for Hemp CBD from Various Industries Such As Food & Beverage, Personal Care and Cosmetics Drives Growth – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Global Hemp CBD Market (2022-2027) by Distribution Channel, End-Users, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Hemp CBD Market is estimated to be USD 3.3 Bn in 2022 and is expected to reach USD 7.6 Bn by 2027, growing at a CAGR of 18.15% Market Dynamics Drivers Rise in the Demand for Hemp CBD from Various Industries Such As Food & Beverage, Personal Care and Cosmetics Increasing Use of CBD-Derived Products in Pharmaceutical and Wellness Products Changing Consumer Opinion and Increasing Awareness about the Health Benefits of Cannabidiol Restraints Lack of Proper Planting & Harvesting Equipment Increasing Legalization on CBD Products Due to Various Health Side Effects Opportunities Lack of Proper Planting & Harvesting Equipment Increasing Legalization on CBD Products Due to Various Health Side Effects Challenges String

Wellbeing Subsidiary KGK Science Announces Successful Delivery of CBD and THC Through the Skin of Healthy Volunteers

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VANCOUVER, British Columbia--(BUSINESS WIRE)--Wellbeing Digital Sciences Inc. (“Wellbeing” or the “Company”) (NEO: MEDI) (OTC: KONEF) (FRA: SQ2), an evidence-based mental healthcare company focused on the development and implementation of innovative clinical solutions, including psychedelic medicine and digital therapeutics as supported by clinical research, announced today that its wholly owned subsidiary KGK Science Inc. (“KGK”), completed an open label study, where Gefion Canada (“Gefion”) GT4 technology was used to successfully deliver cannabidiol (CBD) and tetrahydrocannabinol (THC) to healthy volunteers in the form of a topical cream applied to the skin. Gefion GT4 technology uses novel penetrating agents to transport CBD and THC through the skin and directly into the blood. Transdermal delivery of topically-applied cannabinoids can be difficult and prior to this study, published research demonstrating successful topical delivery did not exist. The Gefion Canada study, published

Global Biocomposites Market Report to 2027 – Rising Demand for Durable and Environmentally Friendly Manufacturing Materials is Driving Growth – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Global Biocomposites Market Size, Trends and Growth Opportunity, By Type, Process, Fiber Type, Product, End user, By Region and Forecast to 2027." report has been added to ResearchAndMarkets.com's offering. The Global Biocomposites Market was valued at US$24.3 billion in 2021 and it is expected to reach at US$80.2 billion in 2027 at a CAGR of 15.59% during forecast period 2022-2027. Companies Mentioned UPM (Finland) Trex Company Inc. (U.S.) Fiberon (U.S.) Flexform SpA (U.S.) UFP Industries Inc. (U.S.) Meshlin Composites ZRT (Hungary) Tecnaro GmbH (Germany) Anhui Guofeng Wood-Plastic Composite Co. Ltd. (China) B.COMPOSITES PVT.LTD. (India) Green Dot Corporation (U.S.) Natural fibres including hemp, wood and paper waste, jute, and flax are combined with a polymer matrix to create biocomposites. From construction to packing to autos, these composites have a wide range of uses. Environmentally friendly biocomposites have become well-liked buildin

Global Cannabis Pharmaceuticals Market (2022 to 2027) – Featuring AbbVie, Amyris, Aurora Cannabis and Botanix Pharmaceuticals Among Others – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Global Cannabis Pharmaceuticals Market (2022-2027) by Brand, Product Type, Distribution Channel, Application, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Cannabis Pharmaceuticals Market is estimated to be USD 1.2 Bn in 2022 and is expected to reach USD 2.82 Bn by 2027, growing at a CAGR of 18.6% Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine

Study Shows Most WA Cannabis Consumers Purchase Products at Retail Stores

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International study provides new insights into Washington’s cannabis system WASHINGTON:  A recent independent study shows Washington leads the nation in cannabis consumers buying from regulated retail outlets rather than the illicit market. The report, the International Cannabis Policy Study (ICPS) — Washington State Report, was produced by the University of Waterloo in Ontario, Canada. The Read the full article... http://dlvr.it/ScSgnK

OPINON: Cannabis Industry Must Stand Up to Hate and Ignorance

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By David Rheins It is Election Day and I’m feeling nervous.  The 2022 midterm elections are predicted to swing to Republicans, who may wrest control of both the Senate and the House of Representatives if the MAGA movement continues to build popular momentum. The economy is bad.  Inflation is out of control.  The stock market Read the full article... http://dlvr.it/ScS2RP

Longboard Pharmaceuticals to Present at Guggenheim’s Healthcare Talks 4th Annual Immunology and Neurology Day

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LA JOLLA, Calif.--(BUSINESS WIRE)--Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH), a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases, today announced that members of its senior leadership team will present in a fireside chat format at the Guggenheim Healthcare Talks 4th Annual Immunology and Neurology Day, which is taking place November 14-15, 2022, in New York City. Presentation Details: Title: Guggenheim Healthcare Talks 4th Annual Immunology and Neurology Day (In-person) Details: Participating in a fireside chat on Tuesday, November 15, 2022 at 2:45pm ET Location: Track 1 - Louis XVI A To access a webcast of the presentation, please visit the “Events & Presentations” page within the Investors Relations section of Longboard’s website at https://www.longboardpharma.com/. The fireside chat will be webcast live and archived on the website for at least 30 days following the event. About Longboard Pharmaceuticals

Global Dairy Alternatives Market (2022 to 2031) – Featuring CP Kelco, SunOpta, Organic Valley and Eden Foods Among Others – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Dairy Alternatives Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global dairy alternatives Market. The global dairy alternatives market is expected to grow from $21.03 billion in 2021 to $22.26 billion in 2022 at a compound annual growth rate (CAGR) of 5.9%. The market is expected to grow to $28.02 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. Companies Mentioned Tate & Lyle CP Kelco Inc. SunOpta Inc. The Whitewaves Food Company (US) Organic Valley (US) The Hain Celestial Group (US) Blue Diamond Growers (US) Sunopta (Canada) Archer Daniels Midland Company The Coca-Cola Company PepsiCo Inc. Dohler GmbH Sanitarium Health and Wellbeing Company (Australia) Eden Foods (US) Nutriops S.L. (Spain) Earth's Own Food Company (Canada) Triballat Noyal (France) Valsoia S.

WholesaleCentral.com Launches Full Scale Redesign

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SHELTON, Conn.--(BUSINESS WIRE)--WholesaleCentral.com, America’s oldest and largest B2B directory of wholesale suppliers and products, has redesigned their website to offer state of the art technologies across all vital UX and UI capabilities. Search, filtration, company product and listing presentations, as well as verification processes have all been dynamically upgraded. These exciting improvements will provide a far more potent experience for both merchandise buyers and wholesale suppliers. The unique wholesalecentral.com model of connecting B2B partners without transaction fees remains the lynchpin that has cemented the site in its leading position for over 25 years. With new and improved sourcing tools and functionalities, the site now stands alone in efficiency and user experience in the merchandise B2B space. Wholesale Central is not a financial fiduciary — it simply connects resellers directly with wholesalers, allowing both buyers and suppliers to maximize their profits. With

Global Cannabis Testing Market to Grow at 16.5% Annually Through 2029 – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Cannabis Testing Market Analysis by Services, by Product & Software, by End User, and by Region - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The cannabis testing market size is estimated to be USD 1,192.7 million in 2021 and is expected to witness a CAGR of 16.5% during the forecast period 2022-2029. The increasing use of LIMS in cannabis testing facilities, raising consciousness, legalizing cannabis for medicinal use, and the expanding number of marijuana testing facilities are some of the primary market drivers. However, the inconsistent laws and regulations, and the high price attached to the entry-level are expected to restrain the market growth. By Services Based on services, the market is segregated into heavy metal testing, microbial analysis, potency testing, pesticide screening, residual solvent analysis, terpene profiling, and other services. In 2021, the potency testing segment held the