November 2018 - PsychedelicNewsWire (PNW)

WednesdayNov 28, 2018 12:06 pm

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Mobile Hemp Oil Supplement Powder Packet, ChrgD+, Utilizes DehydraTECH Technology

LXRP partners with Cultivating Wellness Inc. (“CW”) to formulate the ChrgD+ premium brand and will now focus on selling it to CW’s national distribution network of retailers The two-gram powder packets are water soluble and can be added to any hot/cold beverage; they are a ready-mix hemp oil supplement that can be added to drinks, such as coffee DehydraTECH has already received multiple patents, and LXRP is a drug delivery platform innovator; the introduction is seen as a first step in the relationship between the companies Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) introduction of ChrgD+ powder packets, which can…

WednesdayNov 28, 2018 9:00 am

Booming Cannabis Consumables Space Continues to see Product Innovations

PsychedelicNewsWire Editorial Coverage: The North American Marijuana Index of leading cannabis stocks continues to hold onto the 250 range that it meteorically climbed into at the start of the year. Growing acceptance of cannabis is setting the stage for a consumable cannabis boom. Major companies have begun to throw their hats into the ring. North America is steadily headed towards broad legalization. Canada is legalizing cannabis across the board, Mexico is fast-tracking legalization, and industrial hemp appears to be headed for legalization in the United States thanks to landslide approval in the Senate (86 to 11) of its version of…

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…

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…

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…

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.…

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…

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…

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…

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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Month: November 2018