Cannabis Thursday Morning News: Hemp Disruptive Potential Is Higher Than CBD

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"Cannabis Tursday Morning News: Hemp Disruptive Potential Is Higher Than CBD."
Bruce Linton, chief executive officer of Canopy Growth Corp.

Texas Opens Hemp Program Applications, While Making It Tougher To Sell ‘Smokable’ Products

New rules banning the manufacture of hemp products meant to be smoked or vaporized went into effect Sunday.

The rules are part of the Texas Department of State Health Services’ Consumable Hemp Program, which was created after the state passed legislation legalizing the production, manufacture, distribution and sale of hemp. Hemp contains no more than 0.3% concentration of THC, the chemical compound in cannabis that can get people high.

Cannabis Global Launches New “Hemp You Can Feel™” Alcohol Substitute Mixers

Cannabis Global, Inc.
Cannabis Global, Inc.

LOS ANGELES, Aug. 6, 2020 /PRNewswire/ — Cannabis Global, Inc, (OTCMKTS: CBGL) (“Cannabis Global” or the “Company”), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, is excited to announce the live public launch of its Hemp You Can Feel™ hemp-based alcohol substitute cocktail mixers.

Bruce Linton On His $150M Venture: ‘Hemp’s Disruptive Potential Is Higher Than CBD’

After his departure from cannabis behemoth Canopy Growth, former CEO Bruce Linton kept his senses open for new opportunities.

“I’m not super sold on CBD as a segment, but I’m hugely sold on the hemp plant,” he said in a recent interview.

For Linton, the CBD craze will blow over, but the hemp plant is here to stay. And he doesn’t intend to be left behind.

The Analyst’s Take: Sleep supplements expected to grow 30% in 2020

Sleep Supplement Sales 2017-2020e
Sleep Supplement Sales 2017-2020e | Nutrition Business Journal

Sleep supplements are projected to grow 30.1% this year. They are followed closely by mood and stress supplements with 29.8% growth. Growth in the category’s main ingredient, melatonin, had been slumping in recent years, even declining 1% in 2017, but rebounded in 2019 to 14.4% and is projected to have another boost in 2020 to 17.1%. Hemp CBD has been a main driver of the resurging growth.

Infusion Biosciences Announces First Commercial Launch of Hemp-Derived Infuz2O Beverage in The U.S. With Whole Plant Extractions and Kalo

TORONTO— Infusion Biosciences Inc. (“Infusion Biosciences”), a biotechnology company focused on discovering and commercializing innovative hemp and cannabis products, is pleased to announce the first commercial launch of a beverage utilizing its proprietary water-soluble hemp extract ingredient Infuz2O in the United States with KALO (www.drinkkalo.com) (the “Infuz2O Beverage Launch”). The KALO line of beverages is being serviced via a supply agreement with Whole Plant Extractions LLC, (“WPE”) a joint venture between Infusion Biosciences and HillviewMed Inc. (d/b/a/Hillview) (www.HillviewMed.com). The KALO beverage line consist of flavored seltzers with a full entourage of natural hemp phytochemicals including cannabinoids, terpenes, vitamins, minerals & antioxidants with only 15 calories and five ingredients.

NECANN moves marijuana convention online for what it says will be largest digital cannabis industry event in the world

With the coronavirus pandemic forcing the New England Cannabis Convention, or NECANN, to move its annual event online, the group says its planning what is the largest digital cannabis industry event in the world.

NECANN Online will run from Sept. 14 to 16, with more than 500 exhibitors and more than 50 programming sessions that cover topics like technology and innovation, growing and extraction, business and careers, hemp, CBD, medical marijuana, and social justice and equity.

CBD Skincare Market to Rise at 26% CAGR Between 2020 and 2030

DUBAI, UAE / ACCESSWIRE / August 6, 2020 / Future Market Insights: The CBD skincare market is anticipated to display a staggering 26% CAGR during the forecast period between the years 2020 and 2030. 

WeedMD Announces Partnership with MM Technology Holdings

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) -PRESS RELEASE- WeedMD Inc., a Canadian cannabis producer and distributor, announced today it has entered into an exclusive licensing, manufacturing and distribution agreement with U.S.-based cannabis company MM Technology Holdings, LLC. MM is the owner of Mary’s Brands and the product line Mary’s Medicinals.

Progressives Vow to Push Biden on Cannabis

Even as Democrats are unified in the party’s attempt to oust President Donald Trump, some progressives are vowing to ramp up pressure on former Vice President Joe Biden for what many see as his outdated stance on cannabis.

Everton Resources and Molecule Announce the Closing of Concurrent Private Placements

August 6, 2020 – TheNewswire – Ottawa, Ontario – Everton Resources Inc. (TSXV:EVR) (OTC:EVRRF) (“Everton” or the “Company”) and Molecule Inc. (“Molecule”) are pleased to announce the closing of the previously announced private placement offering (the “Brokered Offering”) of subscription receipts of Molecule (“Subscription Receipts”) led by Gravitas Securities Inc. (the “Agent”), for aggregate gross proceeds of $940,000, and a concurrent non-brokered private placement (the “Non-Brokered Offering”) of Subscription Receipts for aggregate gross proceeds of $85,000, together resulting in aggregate gross proceeds of $1,025,000. The Brokered Offering was conducted in accordance with the terms of an agency agreement dated July 29, 2020, entered into among Everton, Molecule and the Agent (the “Agency Agreement”).

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