Tag : cannabis

CCT Impact

Leading Cannabis Software Platform Green Bits Announces It Will Begin Issuing Quarterly Reports on Consumer Buying Behavior

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Green Bits, a leading cannabis retail platform, announced today its first of regular quarterly reports designed to help dispensaries and retailers better compete and serve their customers and patients, and assist industry observers in understanding the market based on aggregate consumer behavior data. Called the “Cannabis Retail Benchmark Report,” the March......
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Cellect Biotechnology and Canndoc Ltd. to Enter Into Strategic Pharma Grade Cannabis Commercial Deal for Reduction in Opioid Usage

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Cellect Biotechnology Ltd. (NASDAQ: APOP), a developer of innovative technology that enables the functional selection of stem cells, today announced that its Board of Directors has approved, and the company has entered, subject to definitive agreements, into a commercial binding Letter Of Intent (LOI) with Canndoc Ltd, a leading pharma grade......
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Marketing Visionary Jeff Ragovin Joins Cannabis MarTech Company Fyllo as Its First Chief Commercial Officer

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Fyllo, a pioneering marketing technology platform for the cannabis industry, today announced that Jeff Ragovin, co-founder of Buddy Media, the largest social marketing platform of its time that was acquired by Salesforce for $745 million, has joined the company as its first-ever Chief Commercial Officer. Ragovin will be tasked with driving the......
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KALY Evaluates Patented Cannabis Extract for Potential Coronavirus Treatment

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Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today again confirmed efforts to evaluate its proprietary CBD extract formulation as a treatment for coronavirus symptoms. KALY’s proprietary CBD formulation has been developed for the treatment of symptoms associated with Chronic Obstructive Pulmonary Disease (COPD) and other similar respiratory conditions. The formulation for the treatment......
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Cannabics Pharmaceuticals Reveals Different Extraction Methods Result in Differential Necrotic Effects of Cannabis on Gastrointestinal Cancer Cells

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Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a leader in personalized cannabinoid medicine focused on cancer and its side effects, released an update today regarding its pre-clinical studies held at the company’s High Throughput Screening (HTS) facility in Israel. The preliminary results indicate that different extraction methods result in varied antitumor properties of cannabis......
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Medicinal Genomics Announces New PathoSEEK® Aspergillus Multiplex Assay to Streamline Cannabis Testing

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Medicinal Genomics Corp. (MGC), a pioneer in harnessing cannabis genomics to improve the agricultural productivity, safety, and transparency of cannabis, today announced its new PathoSEEK® 5-Color Aspergillus Multiplex Assay that independently identifies four species of pathogenic Aspergillus— A. flavus, A. fumigatus, A. niger, and A. terreus — on cannabis samples using just one qPCR......
Market Watch

Cannabis and CBD Retail Market to Reach $33 Billion in 2024, according to Packaged Facts

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U.S. retail sales of cannabis and CBD products reached $14 billion in 2019, and are on pace to increase 18% per year to $33 billion in 2024, according to data published in Cannabis and CBD: U.S. Retail Market Trends and Opportunities, the latest report by leading market research firm Packaged Facts. Cannabis products can be......
Market Watch

Cannabis Use Among Older Adults Has Increased 75 Percent Since 2015

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Cannabis use continues to increase in popularity among adults 65 years of age and older in the United States, according to a new study from NYU Grossman School of Medicine. Published today in JAMA Internal Medicine, researchers estimate that cannabis use in adults age 65 and older increased from 2.4 percent to......
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Phyto Partners Launches Phyto III Cannabis Focused Venture Capital Fund

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Phyto Partners, a top cannabis investment fund, is launching a third cannabis-focused private equity fund modeled after its first two funds, Phyto Partners I, LP and Phyto II, LP. Phyto Partners plans to leverage its early mover advantage and industry expertise to source early and later stage privately held companies that......
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Legalization vs. Decriminalization: What Cannabis Growing Suppliers Need to Know

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The legal environment of the US cannabis growing market – which the Freedonia Group forecasts will expand 12% annually through 2023 – can be difficult to gauge, as almost daily new promises are made and old ones are retracted. A key area of confusion is the difference between marijuana legalization and decriminalization, which......