Tobacco

Almost 2,000 Canadians Tell Health Canada: Stop Unnecessary Vaping Regulations

Friday, February 26, 2021 - 12:35pm

In the past, Health Canada has chosen to consolidate the views of vapers.

Key Points: 
  • In the past, Health Canada has chosen to consolidate the views of vapers.
  • For example, in the Youth Vaping consultation, 24,000 individual and personalized postcards were combined as one submission.
  • "We call on Health Canada to include the voice of the Canadian vaper in this and any future regulatory process.
  • About Rights4Vapers.comRights4Vapers.com is an organization of vaping advocates dedicated to the advancement of Canadian based research on vaping.

HempFusion Wellness Announces Broadening of Share Liquidity With DTC Full-Service Eligibility

Friday, February 26, 2021 - 12:05pm

"By offering electronic settlement, DTC eligibility provides us with a larger platform to attract investors," commented Jason Mitchell, N.D., HempFusion's Co-Founder and Chief Executive Officer.

Key Points: 
  • "By offering electronic settlement, DTC eligibility provides us with a larger platform to attract investors," commented Jason Mitchell, N.D., HempFusion's Co-Founder and Chief Executive Officer.
  • "From online trading platforms to banks to brokerage firms, the full spectrum of investors can now access our Company resulting in more liquidity," continued Dr. Mitchell.
  • HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition.
  • With a strong focus on research and development, HempFusion has an additional 30 products under development.

MedMen Announces Investment from AWH into MedMen’s New York Operations

Friday, February 26, 2021 - 12:58am

MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the signing of a definitive investment agreement (the Investment Agreement) with Ascend Wellness Holdings, LLC (AWH), whereby, subject to approval from the New York State Department of Health and other applicable regulatory bodies, AWH will complete an investment (the Investment) totaling up to approximately $73 million in MedMen NY Inc. (MMNY), MedMens subsidiary in the state of New York.

Key Points: 
  • MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the signing of a definitive investment agreement (the Investment Agreement) with Ascend Wellness Holdings, LLC (AWH), whereby, subject to approval from the New York State Department of Health and other applicable regulatory bodies, AWH will complete an investment (the Investment) totaling up to approximately $73 million in MedMen NY Inc. (MMNY), MedMens subsidiary in the state of New York.
  • In connection with the Investment, and subject to regulatory approval, MMNY will engage the services of AWH pursuant to a management agreement (the Management Agreement) under which AWH will advise on MMNYs operations pending regulatory approval of the Investment transaction.
  • Following its investment, AWH will hold a controlling interest in MMNY equal to approximately 86.7% of the equity in MMNY, and be provided with an option to acquire MedMens remaining interest in MMNY in the future.
  • MedMen is a U.S. cannabis retailer with flagship locations in Los Angeles, Las Vegas, Chicago, and New York.

Public Health Focuses on Dangers of Menthol Cigarettes Reaching Those Most Impacted by Menthol Use - Black Communities, LGBTQ and Young Adults

Thursday, February 25, 2021 - 6:43pm

LOS ANGELES, Feb. 25, 2021 /PRNewswire/ -- The Los Angeles County Department of Public Health (Public Health) launches its first quit menthol cigarette campaign to address the risks and harms of menthol tobacco use within communities most exposed to menthol Black communities, LGBTQ, and young adults.

Key Points: 
  • LOS ANGELES, Feb. 25, 2021 /PRNewswire/ -- The Los Angeles County Department of Public Health (Public Health) launches its first quit menthol cigarette campaign to address the risks and harms of menthol tobacco use within communities most exposed to menthol Black communities, LGBTQ, and young adults.
  • "The tobacco industry has disproportionately marketed menthol cigarettes in Black communities as well as towards LGBTQ and youth.
  • Through a variety of programs, community partnerships and services, Public Health oversees environmental health, disease control, and community and family health.
  • Los Angeles County Department of Public Health works to protect health, prevent disease, and promote health and well-being.

United States E-cigarette & Vape Market Report 2021-2028: Technological Advances in e-Cigarettes & Growing Awareness for Safer Tobacco Alternatives

Thursday, February 25, 2021 - 6:30pm

The U.S. e-cigarette & vape market size is expected to reach USD 40.25 billion by 2028.

Key Points: 
  • The U.S. e-cigarette & vape market size is expected to reach USD 40.25 billion by 2028.
  • Due to the increasing health concern over the usage of conventional tobacco cigarettes, the market is expected to witness significant growth.
  • This, as a result, users are looking for alternatives to tobacco smoking, thereby driving market growth.
  • 2.1 U.S. E-cigarette and Vape Market - Industry Snapshot & Key Buying Criteria, 2016 - 2028
    3.5 U.S. E-cigarette and Vape Market - Company Ranking, 2020
    4.1 U.S. E-cigarette and Vape Market Share By Product, 2020 & 2028

Kaival Brands Expands Distribution with New Agreements, Store Count 46,000+

Thursday, February 25, 2021 - 4:56pm

Kaival Brands expands distribution of Bidi Vapor products, store count now over 46,000

Key Points: 
  • Kaival Brands expands distribution of Bidi Vapor products, store count now over 46,000
    Kaival Brands is pleased to announce three new distribution partners for Bidi Vapor's vaping products: 1) Smoker Friendly International, an industry-leading tobacco-shop chain; 2) Avail Vapor LLC, a 12-state vape-store network (tobacco behemoth Altria recently became a minority owner); and 3) Hilmes Distributing, a large Midwest wholesaler.
  • These three additional distribution agreements push the potential store count for Bidi Vapor products to over 46,000, up from 10,000 for all of 2020.
  • "These new partners will become a large new revenue stream for Bidi and Kaival," said Niraj Patel, CEO of Kaival Brands.
  • The new supply chain partners become the latest to join the larger Kaival Brands distribution network of the Bidi Vapor family.

Yesway to Carry A88CBD™ Products in Convenience Stores Across Midwest

Thursday, February 25, 2021 - 2:15pm

Today, the Company announces that all Yesway/Allsup convenience stores will carry A88CBD ingestibles in retail locations across the Midwest.

Key Points: 
  • Today, the Company announces that all Yesway/Allsup convenience stores will carry A88CBD ingestibles in retail locations across the Midwest.
  • Yesway merged with Allsup stores in November of 2019 to create a leading c-store operator with almost 402 retail locations and growing.
  • This is a meaningful win for our A88CBD brand and came in coordination with our CBD-focused DSD partner, BettermentRS.
  • Yesway plans to grow its portfolio to over 500 convenience stores in selected regions of the United States over the next several years.

Vuse Alto 4-Pod Packs Now Available Nationwide

Thursday, February 25, 2021 - 2:30pm

The Vuse vapor brand announced today a national expansion of Vuse Alto Golden Tobacco 5.0% and Alto Menthol 5.0% 4-pod packs and the national release of Vuse Alto Golden Tobacco 2.4% and Alto Menthol 2.4% 4-pod packs.

Key Points: 
  • The Vuse vapor brand announced today a national expansion of Vuse Alto Golden Tobacco 5.0% and Alto Menthol 5.0% 4-pod packs and the national release of Vuse Alto Golden Tobacco 2.4% and Alto Menthol 2.4% 4-pod packs.
  • The 4-pod packs provide adult vapor consumers with three Vuse Alto configuration options as they can now choose from single-pod, 2-pod or 4-pod packs.
  • Adult nicotine consumers have the ability to make Vuse Alto devices their own and unique to their preferences and style.
  • The 4-pod pack configuration is the most popular among competitive pod-mod vapor products and 4-pod packs enable Vuse Alto to compete against competitors on a per-pod price point.

Blue Yonder Announces Inaugural “AI 50” List of World’s Most Influential Artificial Intelligence Leaders

Thursday, February 25, 2021 - 2:00pm

Blue Yonder launched its inaugural Artificial Intelligence (AI) 50 List today, highlighting the top thought leaders, innovators, and influencers working to advance the development and adoption of AI globally.

Key Points: 
  • Blue Yonder launched its inaugural Artificial Intelligence (AI) 50 List today, highlighting the top thought leaders, innovators, and influencers working to advance the development and adoption of AI globally.
  • In our mission to work towards a more sustainable and better future, we believe our inaugural AI 50 list has never come at a better time, said Uwe Weiss, Executive Vice President - Machine Learning at Blue Yonder.
  • To compile the list, Blue Yonder examined thought leaders across each category who are using or advancing AI in unique ways.
  • Blue Yonder helps companies globally with their digital supply chain journeys through its Luminate Platform , which leverages industry-leading AI and ML.