WednesdayNov 28, 2018 9:00 am

Political Change and E-commerce Drive Ongoing Growth for Cannabis Industry

PsychedelicNewsWire Editorial Coverage: Years of steady growth in the cannabis industry are expected to continue. Cannabis industry forecasts anticipate revenues of $146 billion by 2025. Individual U.S. states are already seeing cannabis sales exceed $1 billion in a year. The departure of Jeff Sessions and expected passage of the Farm Bill will bolster these profits. E-commerce is helping cannabidiol (CBD) products reach a growing market. SinglePoint, Inc. (OTCQB: SING) (SING Profile) is showing how much technology can boost the industry, with support software and an online store. Terra Tech Corp. (OTCQX: TRTC) is also profiting from supporting producers, through the…

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WednesdayNov 14, 2018 12:11 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Grows Stronger with Patents and Third-Party Partners

Improving the quality, taste and effectiveness of cannabis products with DehydraTECH Recently granted two new U.S. patents, with over 50 additional patent applications filed worldwide Applications span a wide range of products as the company out-licenses IP to third-party partners through a royalty model Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is using its DehydraTECH to increase the quality, taste and effectiveness of cannabis products. Lexaria’s revolutionary drug delivery platform is disrupting the way cannabidiol enters the bloodstream. Rather than relying on the traditional methods of inhalation, which has harmful lasting impact on a person’s health, DehydraTECH allows for a…

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WednesdayNov 14, 2018 9:00 am

Hydroponics Increasingly Key as Booming Cannabis Sector Goes to Next Level

PsychedelicNewsWire Editorial Coverage: With Canada’s decision to decriminalize cannabis nationwide and the 2018 U.S. Farm Bill’s provision to potentially make industrial hemp and hemp-derived cannabidiol (CBD) legal nationwide, the cannabis CBD product sector is gaining a strong foundation. Analysts expect runaway growth in the cannabis and CBD markets. Industry is scaling up amid regulatory reform. Underlying growth metrics are bullish for hydroponics suppliers and cultivators alike. Branding and marketing are increasingly important and tied to quality control. Numerous interests stand to benefit as the cannabis sector begins to hit its stride, ranging from cannabinoid biopharma developers to cultivators with rapidly…

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ThursdayNov 08, 2018 9:45 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Private Placement Raises Gross Proceeds of $1.5M; Funds Allocated for Canadian Lab, R&D

Increased size of non-brokered private placement raises gross proceeds of $1,515,440, to be used to fund construction of new Canadian lab, LXRP's R&D and general corporate purposes LXRP has received two new U.S. patents related to cannabinoid infused beverage compositions using DehydraTECH; the company is a drug delivery innovator The company has expanded its IP portfolio, giving it a total of 10 patents in its first family in the U.S. and Australia; it has 50 patent applications globally and out-licenses its technology Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has raised, in a non-brokered private placement, a total of $1,515,440.…

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TuesdayNov 06, 2018 9:00 am

Industrial Hemp Floodgates Open as CBD Demand Grows

PsychedelicNewsWire Editorial Coverage: The growing popularity of cannabidiol (CBD), a powerful but nonpsychoactive cannabinoid found in plants of the cannabis family such as industrial hemp, has a lot to do with consumer experience roundly validating the increasingly body of scientific evidence for CBD’s therapeutic value. CBD demand is increasing rapidly as consumers run ahead of the studies. Branding is key to capturing market share while formulation quality drives consumer loyalty. The global potential for the CBD market is immense and largely untapped. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile) has taken several key steps to set itself up…

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MondayNov 05, 2018 9:00 am

Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry

PsychedelicNewsWire Editorial Coverage: The legal cannabis industry, which anticipates massive growth over the next few years, is seeing constant innovation as companies move to provide essential services needed for that growth. The global cannabis industry, which was worth $7.7 billion in 2016, is expected to reach $65 billion by 2023. The industry’s upward trajectory is happening despite legal restrictions that have forced cannabis businesses to seek alternative payment solutions. These solutions are among many innovations in the sector, which has a strong strand of research and design. Net Element (NASDAQ: NETE) (NETE Profile) recently launched a compliant, secure payment processing…

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FridayNov 02, 2018 11:31 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Focusing on its New Subsidiaries and Intellectual Property

Lexaria has its patented DehydraTECH drug delivery platform The company’s technology is a complementary layer that works with the other research being done on cannabinoids Lexaria has a robust IP portfolio and four new subsidiary companies A drug delivery platform pioneer, Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has developed and out-licenses its DehydraTECH technology. The company’s technology changes the way in which edible cannabinoids absorb into the body. The DehydraTECH drug delivery platform is patented for cannabidiol and all other non-psychoactive cannabinoids and enables the transportation of bioactive substances via oral ingestion. A research-driven enterprise, Lexaria Bioscience is based…

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ThursdayNov 01, 2018 10:00 am

Bumper Hemp Crops Promise Profit for Farmers and Cannabis Companies

PsychedelicNewsWire Editorial Coverage: This year will see the largest U.S. hemp crop since changes to federal law created an avenue for production to start again, turning over decades of fallowed industry. Thousands of acres of hemp will be harvested across 19 states. Kentucky is seeing particularly good crops, due to near-perfect growing conditions over the summer. The main product taken from these crops will be cannabidiol (CBD) oil, used in a growing range of health and wellness products. Crop production is set to continue increasing in light of high demand and legal changes. Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) is…

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MondayOct 29, 2018 12:21 pm

Earth Science Tech, Inc. (ETST) Taps into Highly Promising CBD Beverage Market

Earth Science Tech plans to enter the CBD beverages market through the development of its own full-spectrum CBD drink The product is developed on the basis of a University of Central Oklahoma Provisional Patent Industry experts predict rapid growth of the CBD beverages market, which is still in the early stages of development and offers excellent opportunities Earth Science Tech, Inc. (OTCQB: ETST) announced that it has started work on the formulation of a full-spectrum CBD beverage. The biotech company that focuses on CBD, pharmaceutical and nutraceutical products will be utilizing its University of Central Oklahoma Provisional Patent to develop…

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WednesdayOct 24, 2018 10:37 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives Two US Patents, Bringing Total to 10 in First Patent Family across US and Australia

The two new patents are related to certain cannabinoid-infused beverage compositions using LXRP’s DehydraTECH technology Globally, LXRP has filed some 50 patent applications as the company expands its IP portfolio; LXRP hopes to receive two more granted patents from Australia by year end, giving it 12 in total LXRP out-licenses its technology, which promotes healthier and faster ingestion; the company seeks accelerated patent application examinations in Australia based on the U.S. patents Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has been granted two new U.S. patents based on cannabinoid-infused beverage compositions using its DehydraTECH ingestion technology platform. The company is…

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