ThursdayJul 18, 2024 10:00 am

WhatsApp Messages Suggest Florida GOP, DeSantis, Hemp Industry Teaming Up to Defeat Cannabis Legalization

The Office of the Governor of Florida has denied allegations about having an exchange agreement with hemp operators in the state. This comes after the state’s hemp industry pledged a $5 million donation to the state’s GOP party after Governor Ron DeSantis vetoed a measure that would have put a stop to the state’s intoxicating products. According to a popular news outlet, WhatsApp messages from Save Florida Hemp were leaked. This group includes hemp manufacturers, major laboratories and small shops. Hemp industry lobbyists in the state of Florida include Bill Helmin, the executive director of the party, and Evan Power,…

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WednesdayJul 17, 2024 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports Issuance of Three New Patents, Growing Portfolio to 46 Granted Patents Worldwide

Considered intangible assets, patents offer a significant competitive advantage and value for companies Lexaria Bioscience views its growing patent portfolio as a solid foundation upon which to build future commercial partnerships The company recently announced the receipt of three new patents in the E.U., Canada, and the U.S. The issuance of the latest three patents grows Lexaria’s patent portfolio to 46 granted patents worldwide Lexaria’s multi-patented DehydraTECH(TM) “drug delivery platform technology” offers proven increased bioavailability, enhancing the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery, helping with speed of onset, and brain absorption of…

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TuesdayJul 16, 2024 10:00 am

New Hemp Reference Material from NIST to Ensure Accuracy in Cannabis Measurement

Earlier this week, the National Institute of Standards and Technology (NIST) announced that it was selling reference material on hemp that would assist labs in correctly measuring components in products made from the cannabis plant. The reference material was made from commercially purchased dried hemp, which the researchers ground, sieved, blended and measured to a high degree of precision and accuracy. Each unit includes three packets with 1.5 grams of ground hemp. This material will also help agencies of law enforcement accurately differentiate between marijuana and hemp, given that both come from the cannabis plant. Prior to the legalization of…

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MondayJul 15, 2024 10:30 am

Golden Triangle Ventures Inc. (GTVH), Lavish Entertainment Report on Progress of One-of-a-Kind Entertainment Destination

New project “set to transform luxury entertainment and hospitality,” according to company officials Critical development has included work on infrastructure and improvements Officials also focused on obtaining required permits, assembling key leadership and identifying ideal vendors A luxury destination featuring world-class entertainment, opulent accommodations and immersive experiences is rising in the Mojave Desert. The unique property, called Destino Ranch, is a bold, visionary project envisioned by Golden Triangle Ventures (OTC: GTVH) and its wholly owned subsidiary, Lavish Entertainment. Golden Triangle and Lavish Entertainment recently provided an update (https://cnw.fm/Rfq7n) on the one-of-a-kind project, which is “set to transform luxury entertainment and hospitality.” According to…

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MondayJul 15, 2024 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Looking to Replicate Results from First GLP-1 Study Following CRO Contract Award for 12-Week Chronic Human Study

Lexaria, a global innovator in drug delivery platforms, recently hired a contract research organization (“CRO”) for its upcoming chronic human study, GLP-1-H24-4 This study will seek to evaluate various glucagon-like peptide-1 (“GLP-1”) formulations, processed with the company’s patented DehydraTECH(TM) technology The study will feature five arms, with each conducted using several investigational sites in Australia Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently announced the hiring of a contract research organization (“CRO”) that will be responsible for overseeing the execution of the company’s upcoming chronic human study, GLP-1-H24-4. This 12-week study will seek to evaluate various…

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ThursdayJul 11, 2024 10:00 am

New Law in Minnesota Permits Breweries to Sell Drinks Infused with THC from Hemp

As of July 1, 2024, taprooms in the northeast region of Minneapolis had began serving hemp-derived, THC-infused beverages. Before the new regulation came into effect, customers were only allowed to buy cans of such types of beverages. Now, breweries can sell the beverages without a bottle if the necessary information that is typically on a label has been displayed. Dan Schnabel, Headflyer Brewing taproom manager, revealed that offering THC beverages on tap afforded the company different options for consumers to try, taste and enjoy while on site. This option, he argued, was more approachable, particularly since not every person wanted…

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TuesdayJul 09, 2024 10:00 am

Wyoming Hemp Shops File Lawsuit Seeking to Reverse Hemp Intoxicants Ban

An agricultural organization and a group of hemp retailers have filed a lawsuit against the state of Wyoming. This comes after the state’s legislators enacted the ban at a budget session earlier this year. In their suit, the entities claim that the state’s ban on hemp intoxicants such as delta-8 THC is unconstitutional. The owners of Mountain High Wellness, Richard and Sarah McDaniel, are among the plaintiffs. In a statement, the McDaniels revealed that they were fighting to keep small businesses open, adding that the hemp community wasn’t going to back down until people in the state had the chance…

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TuesdayJul 02, 2024 10:00 am

UN Study Recommends Global Hemp Trade Tracking to Support Developing Countries

New research has determined that trade data disparities are impeding hemp trade globally and withholding environmental and economic benefits for developing countries. The research, carried out by the United Nations Conference on Trade and Development (UNCTAD), involved all countries around the globe. In the report, Marco Fugazza wrote that a systematic approach to help measure global trade in hemp products would close the gap between national and global classifications for hemp outputs. Fugazza, a UN economist, explained that this inconsistency hindered policymakers’ ability to come up with strategies to harness industrial hemp’s economic potential and also impacted understanding of global…

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