NewsRoom Articles - Page 6 of 251

TuesdaySep 24, 2024 10:00 am

Hemp Advocates Consider Suing California Governor for Banning Hemp Intoxicants

Hemp advocates in the state of California may sue the governor over the recently proposed emergency rules because they may negatively impact vulnerable individuals. During a press conference held earlier this month, Governor Gavin Newsom announced that he would be clamping down on intoxicating hemp products that were often marketed to minors. The governor explained that because drug peddlers are targeting children with unregulated and dangerous hemp products containing THC, it was important to increase enforcement to prevent minors from accessing these products, while also closing loopholes. Newsom proposed these regulations after AB 2223, which targeted hemp, failed to get…

FridaySep 20, 2024 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Hires New CEO Amid Shift in Focus to Pharmaceutical Industry Collaboration and Operations

Lexaria, a global innovator in drug delivery platforms, announced the appointment of Richard Christopher as its new CEO, replacing Chris Bunka who will serve in his new capacity as Executive Strategic Advisor while remaining Chairman of the Board Lexaria also announced entering a Material Transfer Agreement with an undisclosed pharmaceutical industry partner, leading to speculation of which company has taken this formal step to get closer to Lexaria’s technology The company is focusing on this pharmaceutical industry collaboration and on investigations in cardiometabolic and GLP-1 sectors (alternative diabetes and obesity treatments), a huge sector that particularly needs its unmatched technology…

ThursdaySep 19, 2024 10:00 am

NJ Governor Signs New Law Banning Hemp Intoxicants

Last week, Governor Phil Murphy signed a bill that would ban the sale of hemp products in New Jersey without a marijuana license. The governor’s move was in response to numerous complaints about loopholes that don’t prevent underage individuals from purchasing these products. The bill will place hemp products under the watch of the Cannabis Regulatory Commission, which oversees the state’s medicinal and recreational cannabis markets. Gov. Murphy stated that while the measure was flawed, he had concluded that the wiser move was to sign it so it would address the risk to health and safety then work with lawmakers…

TuesdaySep 17, 2024 10:00 am

Missouri Authorities Raid Shops Searching for Hemp Edibles Containing Intoxicants

Last week, health regulators in the state of Missouri visited Prime Fuel gas station in Sedalia, looking to see if the store had any intoxicating THC edibles in stock. In their report, the regulators revealed that the store had taken the products off the shelves, noting that they called the owner, who agreed to destroy the products voluntarily. Craig Katz, Missouri Hemp Trade Association’s spokesman, claims this isn’t how the owner described the incident. The owner explained to the regulators that the products were stored in the back, so he would return them to the wholesaler for a refund. This…

TuesdaySep 17, 2024 9:45 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Demonstrates Continued DehydraTECH(TM)-Liraglutide Performance with Ongoing GLP-1 Diabetes Animal Study

Lexaria, a global innovator in drug delivery platforms, is reporting on its eight-week body weight results from its WEIGHT-A24-1 ongoing animal study The study was made up of three main groups of formulations: DehydraTECH-processed CBD; semaglutide (including “Rybelsus(R)”) and liraglutide The DehydraTECH-CBD and DehydraTECH-liraglutide both outperformed Rybelsus(R), which was a surprise outcome. DehydraTECH-liraglutide posted a weight reduction of 4.74%, the most significant in the study For Lexaria, this continued outperformance of DehydraTECH-liraglutide is of particular interest, particularly since many third-party studies have shown semaglutide to be more than twice as effective as liraglutide in promoting weight loss As the study…

ThursdaySep 12, 2024 10:00 am

California Governor Announces Emergency Regulations Banning THC-Infused Hemp Products

Governor Gavin Newsom of California recently issued emergency regulations to protect children in the state from the adverse health effects of THC-infused hemp products. The state of California was the first in the country to allow the medical use of marijuana when voters approved the Compassionate Use Act. In 2016, voters in the state then passed a measure that legalized the recreational use of marijuana. Gov. Newsom announced that the state was taking action to close loopholes and increase enforcement to prevent children from gaining access to these dangerous hemp products. The state’s marijuana industry is strictly regulated to ensure…

TuesdaySep 10, 2024 10:00 am

VW Announces Project to Replace Leather Car Interior Materials with Hemp Alternatives

Earlier this week, Volkswagen announced that it would be working with Revoltech GmbH to produce a leather alternative for its vehicles. Revoltech manufactures leather from hemp, making its products 100% plant-based, as well as plastic free and sustainable. The German automobile manufacturer made this announcement just months after the cannabis legalization law took effect in Germany. The industrial hemp to be used will be sourced from farms in the region, with Volkswagen noting that the material will be made from hemp residues that cultivators have no use for. In the press release, Kai Grünitz, a board member at VW, revealed…

ThursdaySep 05, 2024 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Yields “Extremely Interesting” Results for DehydraTECH(TM) Liraglutide in Ongoing Diabetes Animal Study

Lexaria, a global innovator in drug delivery platforms, has just announced its 4-week and 8-week blood glucose results from its WEIGHT-A24-1 animal study Two formulations from the study posted outstanding performance, with each utilizing the company’s patented DehydraTECH(TM) technology DehydraTECH-liraglutide (Group H) and two DehydraTECH-CBD formulations (Groups A & B) posted blood sugar level reductions of 2.50%, 1.90%, and 1.53%, respectively These results build on the positive results from Lexaria’s 2023 DIAB-A22-1 animal study, which showed a 16.7% blood sugar concentration increase relative to baseline by day 56 for the obese control group that got no treatment Lexaria Bioscience (NASDAQ:…

ThursdaySep 05, 2024 10:00 am

Missouri Hemp Trade Association Sues to Block Governor’s Ban of THC Drinks, Foods

Last month, Governor Mike Parson of Missouri signed an executive order that would remove all THC drinks and edibles derived from hemp from shelves and impose penalties on any establishment that continued to sell them. In his statement, Parson stated that the primary target of his order were companies that sold intoxicating hemp edibles mimicking candy. He explained that because hemp wasn’t a controlled substance, there were no federal or state laws prohibiting minors from purchasing these products or even preventing stores from selling the products to underaged individuals. Last week, the state’s Hemp Trade Association filed a suit in…

TuesdaySep 03, 2024 10:00 am

Proposed Georgia CBD Law Seeks to Cap Delta-9 THC

A new law introduced in Georgia will help rein in the state’s burgeoning legal hemp industry. The law, which goes into effect on Oct. 1, 2024, may change the way consumers consume CBD drinks and edibles such as gummies. While medical cannabis is heavily regulated in the state, legal variations of marijuana including delta-9 THC products have become very popular. The new law makes the legal age to consume marijuana 21, creates registration and testing requirements, and imposes a limit on the amount of delta-9 THC allowed in products. Under the new rules, the sale of hemp flower would be…

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