November 2020 - CBDWire

MondayNov 30, 2020 2:08 pm

Amid Pandemic’s Battering on Hemp / CBD Markets, HempFusion Wellness Inc. Sees Brighter Future

Denver-based HempFusion Wellness, Inc. has developed 46 products and 8 OTC FDA listed topicals that draw on the versatile compounds in hemp for promoting effective sleep, stress reduction, pain relief, skin care and “smooth energy” pick-me-ups Despite a downturn in the hemp and CBD product industries brought on by the worldwide COVID-19 pandemic, HempFusion is anticipating a market rebound amid positive developments in legal, political and medical research arenas Market analysts at Brightfield Group anticipate improvement in the CBD sector to $12.4 billion by 2023 and $16.8 billion by 2025 HempFusion has filed a preliminary prospectus for a planned initial…

WednesdayNov 25, 2020 11:30 am

Pure Extracts Technologies Corp. (CSE: PULL) Strengthens Oil Extraction Business, Ventures into Functional Mushroom Space

Pure Extracts carried out its initial oil extraction, distillation trials in early November, plans to commence extraction tolling services in December Once Sales License is obtained from Health Canada, the Company plans to begin marketing its own ‘Pure Pulls’ branded cannabis derived product range Pure Extracts will simultaneously seek to market Company’s white-labelling prowess, offering oil extraction capabilities to Licensed Producers currently operating in cannabis space Company also announced its interest in joining functional mushroom sector, with its first products set to be launched in 1Q2021 Separately, Pure Extracts named Dwight Duncan to its Board of Directors Pure Extracts Technologies…

MondayNov 23, 2020 3:57 pm

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) Meets Growing Demand for Single-Serve Beverages with Flagship Alkaline88 Offering

Recent study reports that consumers are opting for single-serve beverages; bottled water outperforms carbonated beverages WTER’s flagship product — Alkaline88 — now available in easy-to-carry, two-liter single-serve bottles Company’s A88 flavor-infused water offering gaining significant market share, available in growing number of spaces A growing number of consumers who drink and snack throughout the day are turning to single-serve, ready-to-drink beverages, often found most easily at c-stores, according to a recent Shop Association report (https://cnw.fm/82iZ2). Recognizing the market opportunity, The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) recently launched a new 2-liter single-serve option to meet that increased customer demand (https://cnw.fm/y6hUs). “Overall, the beverage…

ThursdayNov 19, 2020 12:07 pm

The Alkaline Water Company’s (NASDAQ: WTER) (CSE: WTER) A88CBD Product Line Perfectly Positioned for Growth in C-Store Space

Sales of CBD products through convenience, gas stores grew by 2,276% in 2019. CBD drinks, valued at $52 million in c-store sales in 2019, are highly popular among new consumers. WTER offers A88CBD(TM) product line including beverages and lab-tested, hemp extract gummies, capsules, salves, balms, lotions and more. As the use of cannabidiol (“CBD”) becomes more mainstream, convenience stores are in an ideal position to benefit from the product’s rapid growth, according to a recent CBD Retail Trends article (https://cnw.fm/j0fIO). That’s good news for The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a company with a robust CBD-infused beverage line and a…

WednesdayNov 18, 2020 12:03 pm

Pure Extracts Technologies Corp. (CSE: PULL) Now Trading on the Canadian Securities Exchange Under “PULL” Symbol

Pure Extracts trading on CSE under “PULL” symbol Pure Extracts cannabis and hemp industry verticals include toll processing, white labeling and developing its own private label of cannabis products Pure Extracts is entering the functional mushroom market Company’s CO2 extraction facility complies with European Union GMP standards - intends to seek EU GMP certification for exports to Europe Pure Extracts Technologies (CSE: PULL), a plant-based extraction company focused on the cannabis, hemp, and functional mushroom sectors, recently announced that the Company’s stock is now trading on the Canadian Securities Exchange (“CSE”) under the symbol “PULL”. “Our trading debut on the…

ThursdayNov 12, 2020 2:36 pm

Gage Cannabis Prepares to Capitalize on Stunning Growth Within Michigan’s Cannabis Industry

Gage Cannabis, vertically integrated cannabis operator, has stated goals to become fastest-growing cannabis brand in state of Michigan Michigan’s cannabis industry has benefitted from strong growth momentum ever since state passed motion to legalize cannabis for adult recreational use in 2018; sector now valued at estimated $3 billion per annum at maturity Gage Cannabis currently has five retail locations across Michigan along with three wholly-owned cultivation centers all fully operational Company posted $13.1 million in 3Q2020 sales (unaudited), a 129% increase from its 1Q2020 figure of $5.8 million On December 4, 2018, Michigan officially became the 10th state in the…

ThursdayNov 12, 2020 11:27 am

Why CBD Is Better Than Alcohol for Social Anxiety

Dealing with anxiety is never fun, but it is an expected part of life. When it comes on once in a while, it's manageable. But anxiety can also be crippling. From panic attacks to PTSD to social anxiety, there are many kinds and just as many types of things that help reduce the intense feelings that anxiety can create. But when you struggle with social anxiety, it can be so debilitating that you may turn to unhealthy coping strategies. What Is Social Anxiety? Social anxiety is one of the five main categories of anxiety and is sometimes called social phobia.…

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Month: November 2020