TuesdayApr 16, 2024 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Grows Global Patent Portfolio to 41; Maintains Focus on GLP-1 Clinical Studies for 2024

Lexaria, a global innovator in drug delivery platforms, has added three new patents to its portfolio, bringing the total to 41 Two patents were awarded in the U.S., while the third was awarded in Japan, expiring in 2042 and 2041, respectively, if not extended Lexaria’s management plans to maintain focus on GLP-1 studies for 2024 Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, in the month of April 2024, added three new patents to its portfolio. This brings the total number of awarded patents globally to 41, a testament to the versatility of its patented DehydraTECH(TM) technology…

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FridayApr 12, 2024 11:15 am

Golden Triangle Ventures Inc. (GTVH) Announces CEO Interview Series, Partners with Consulting Company on Flagship Destino Ranch Project

CEO interview series provides Golden Triangle with a platform to share its story with an expanded audience Collaboration with Cayenne Consulting will provide key strategic planning and expertise in development of Destino Ranch Destino Ranch aims to redefine luxury entertainment and hospitality experiences As Golden Triangle Ventures (OTC: GTVH) and its entertainment division, Lavish Entertainment, focus on the development of Destino Ranch, a one-of-a-kind immersive entertainment venue, the company is working to increase awareness of the project. As part of these efforts, Golden Triangle is partnering with NowMedia Networks to broadcast 12 weekly interviews with GTVH CEO and president Steffan…

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ThursdayApr 11, 2024 1:00 pm

Makers of Hemp-Sourced Intoxicants Jittery about Upcoming Farm Bill’s Effects on Market

Hemp products are set to be big in the coming years, especially as consumer appetite for psychoactive products increases. This is all thanks to the 2018 Farm Bill which legalized hemp and derivatives with low concentrations of no more than 0.3% THC. As hemp intoxicants proliferate markets across the country, however, concerns among hemp business owners that the upcoming farm bill may adversely affect the hemp beverage market are increasing. It doesn’t help either that states such as Montana have already imposed laws that prohibit the sale of any product with more than 0.3% THC at state-licensed dispensaries. Hemp is…

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ThursdayApr 11, 2024 11:15 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Bolsters C-Suite with New CFO Appointment

Lexaria, a global innovator in drug delivery platforms, has announced the appointment of Nelson Cabatuan, CPA, as its new CFO Nelson will lend over 15 years of experience in corporate finance and operations, having worked in key organizations within the industry, and will play an integral role in supporting upcoming GLP-1 human clinical studies and overseeing key financial areas of the company The appointment highlights Lexaria’s confidence in its recently confirmed focus on important GLP-1 studies Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently announced the appointment of Nelson Cabatuan, CPA, as its new Chief Financial…

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WednesdayApr 10, 2024 9:00 am

Golden Triangle Ventures Inc. (GTVH) Making Key Progress in Development of Destino Ranch, an Immersive Entertainment Venue

Developed under Lavish Entertainment, a wholly owned subsidiary of GTVH, Destino Ranch will be a one-of-a-kind destination that revolutionizes the concept of an immersive music and art venue. Phase one development begins after the execution of a land-use-and-development agreement outlining exclusive rights to purchase, use and operate the nearly 70-acre property. Additional upgrades on the initial property secured will “dramatically increase speed into the market.” Marco Moreno has been appointed as president of Lavish Entertainment to spearhead the development of Destino Ranch. Mr. Moreno has notable experience in the large-scale event development industry with high-fidelity collaborations through his company ABI…

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TuesdayApr 09, 2024 2:30 pm

New Scientific Review Highlights Potential of CBD in Treating Cancer, COVID Pain

A recently conducted scientific review has called attention to CBD’s potential in managing and treating symptoms of conditions such as diabetes, pain, epilepsy, schizophrenia, COVID-19 and cancer, among others. The review tries to summarize the impact of marijuana on human health, noting that the plant and its compounds demonstrate anti-inflammatory, neuroprotective, antibacterial, antithrombotic, antiepileptic and analgesic properties. Through funding from the National Product Institute of Science and Technology, the study also examined recent research advancements on CBD, focusing on possible medical applications. The review was carried out by an eight-person team from South Korea, representing the National Product Institute of…

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ThursdayApr 04, 2024 10:00 am

NY Hemp Firms Refile Lawsuit Against Law Banning Intoxicants from Hemp

A coalition of companies in New York has refiled a suit against the Office of Cannabis Management and the state’s Cannabis Control Board. The state-licensed operators claim that New York’s new rules on hemp-derived cannabinoid products have cost them losses adding up to millions of dollars. The companies hope to be awarded an injunction that would allow them to continue selling hemp products. This comes after a judge dismissed a similar case filed prior to this one on technical grounds. In their statement, the plaintiffs note that the raids were part of a larger crackdown on the illegal marijuana trade…

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TuesdayApr 02, 2024 10:00 am

USDA Greenlights Modified Hemp Variant Free from CBD, THC

The U.S. Department of Agriculture (“USDA”) recently gave the green light to genetically engineered hemp that doesn’t produce cannabidiol (“CBD”) or tetrahydrocannabinol (“THC”). This is the second genetically engineered variety of hemp to receive approval from the USDA. A low CBD-and THC strain by Growing Together Research was approved by the agency last year. Hemp, under the 2018 Farm Bill, is defined as the cannabis sativa plant and any part with nothing more than 0.3% delta-9 THC concentration on dry weight basis. Anything above this limit is categorized as marijuana. While there are different varieties of hemp that are low…

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ThursdayMar 28, 2024 2:30 pm

Nebraska Lawmakers Pass Bill Imposing 100% Tax on CBD, Hemp Products

A legislative committee in Nebraska has approved a measure that would impose a 100% tax on CBD and hemp products in the state. The committee approved the bill in a 7 to 0 vote. It is expected that the state’s unicameral legislature will take up the proposed legislation later this week. According to the bill’s sponsor, Senator Lou Ann Linehan, this tax hike is focused on bringing in additional funds to help offset property tax bills. The bill also includes reforms such as the elimination of sales tax exemptions on candy, soda, pet services, lottery tickets and ad revenue. This…

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ThursdayMar 28, 2024 9:00 am

Astrotech Corp. (NASDAQ: ASTC) and AgLAB Inc. Use Mass Spectrometer Technology to Significantly Enhance Hemp and Cannabis Production Yield and Profit

The cannabinoid market value in 2023 was $22.23 billion and is expected to grow at a CAGR of 15.3%, resulting in an estimated market value of $60.36 billion The global mass spectrometry market will reach $6.77 billion in 2024 and is expected to grow at a CAGR of 6.25%, reaching $9.17 billion by 2029. Astrotech and subsidiary AgLAB Inc. are using mass spectrometry to boost the profitable yield of hemp and cannabis production The United States has seen a rising awareness of the health and therapeutic benefits of cannabinoids, prompting an expected market increase of 15.3%, from $22.23 billion in…

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