Cannabinoids

HempFusion Reports Q1, 2021 Financial Results

Retrieved on: 
Monday, May 17, 2021

b'HempFusion Wellness Inc. (TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (\xe2\x80\x9cHempFusion\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), an industry leader in full spectrum cannabidiol (CBD) hemp extract wellness products and probiotics, today reported financial results for the first quarter ended March 31, 2021.

Key Points: 
  • b'HempFusion Wellness Inc. (TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (\xe2\x80\x9cHempFusion\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), an industry leader in full spectrum cannabidiol (CBD) hemp extract wellness products and probiotics, today reported financial results for the first quarter ended March 31, 2021.
  • Consolidated net revenue for the three months ended March 31, 2021 increased 7.6% quarter-over-quarter to $983,496 versus $913,646 in Q4-2020.
  • E-commerce accounted for 24.8% of net revenue in the first quarter of 2021 versus 16.8% for Q4, 2020.
  • HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research, and HF Labs, to approximately 4,000 retail locations across all 50 states of the United States and select international locations.

FTC Announces Latest Enforcement Action Halting Deceptive CBD Product Marketing

Retrieved on: 
Monday, May 17, 2021

The Federal Trade Commission today announced its latest law enforcement action to halt deceptive health and efficacy claims in the growing market for cannabidiol (CBD) products.

Key Points: 
  • The Federal Trade Commission today announced its latest law enforcement action to halt deceptive health and efficacy claims in the growing market for cannabidiol (CBD) products.
  • In addition, the complaint alleges the respondents falsely told consumers that scientific studies or research prove that CBD product effectively treat, mitigate, or cure the diseases, including hypertension, Parkinsons disease, and Alzheimers disease.
  • The proposed administrative order settling the FTCs chargescovers any dietary supplement, drug, or food product the respondents sell or market, including CBD products.
  • Finally, the order requires the respondents to pay the FTC $30,583.14the amount consumers paid Kushly for products sold using deceptive marketing.

FTC Announces Latest Enforcement Action Halting Deceptive CBD Product Marketing

Retrieved on: 
Monday, May 17, 2021

The Federal Trade Commission today announced its latest law enforcement action to halt deceptive health and efficacy claims in the growing market for cannabidiol (CBD) products.

Key Points: 
  • The Federal Trade Commission today announced its latest law enforcement action to halt deceptive health and efficacy claims in the growing market for cannabidiol (CBD) products.
  • In addition, the complaint alleges the respondents falsely told consumers that scientific studies or research prove that CBD product effectively treat, mitigate, or cure the diseases, including hypertension, Parkinsons disease, and Alzheimers disease.
  • The proposed administrative order settling the FTCs chargescovers any dietary supplement, drug, or food product the respondents sell or market, including CBD products.
  • Finally, the order requires the respondents to pay the FTC $30,583.14the amount consumers paid Kushly for products sold using deceptive marketing.

Sweet Earth Completes Development of Proprietary CBD Cigarette

Retrieved on: 
Monday, May 17, 2021

Its products combine CBD with herbal and organic ingredients, all of which are selected for their beneficial properties to soothe, rejuvenate, and reduce inflammation.

Key Points: 
  • Its products combine CBD with herbal and organic ingredients, all of which are selected for their beneficial properties to soothe, rejuvenate, and reduce inflammation.
  • In addition to high-end finished products, Sweet Earth prides itself on sustainability by minimizing the use of plastics in both production and packaging.
  • Sweet Earth\'s in-house genetics team has been working on its own proprietary hemp strain.\nSweet Earth maintains a portfolio of skin and body care products that includes facial products, men\'s, spa, hemp, and muscle products that are sold on its website, https://sweetearthskincare.com .\nSweet Earth operates a proprietary online shopping portal for discerning pet owners offering pet treats comprised of high-quality ingredients, which are further enriched with CBD and Vitamin E. The treats are sold on its website: https://www.sweetearthpets.com .\nSweet Earth has created a line of CBD that cigarettes are made from 100% naturally grown US hemp flower that is rich in non-intoxicating cannabinoids like CBD and cannabigerol ("CBG").
  • The cigarettes are completely free of tobacco, nicotine, or additives.

RYTE CBD Earns Top Honor at CBD Expo Mountain Tour

Retrieved on: 
Thursday, May 13, 2021

b'BOULDER, Colo., May 13, 2021 /PRNewswire/ --RYTE CBD has earned the 2021 CBD Expo Mountain Tour\'s prestigious "Best CBD Tincture" award.

Key Points: 
  • b'BOULDER, Colo., May 13, 2021 /PRNewswire/ --RYTE CBD has earned the 2021 CBD Expo Mountain Tour\'s prestigious "Best CBD Tincture" award.
  • Launched in fall of 2020, RYTE CBD has become one of the fastest growing brands in the CBD products industry through online and in store sales.\n"RYTE CBD continues to demonstrate the overwhelming market need for high-quality, low-cost CBD products," said RYTE Brand CEO Eric White.
  • "\nThe Original CBD Expo Tour is one of the largest and best-known trade shows in the industry, connecting thousands of physicians, scientists, industry experts, and researchers.
  • The CBD Expo convenes thought leaders from across the globe to explore the industry\'s most critical issues and opportunities and honors industry leaders for their award-winning CBD products.\nColorado-based RYTE CBD manufactures 100% all-natural CBD oil made from plants grown on their own farm.

More Potent Than CBD, Naturally:

Retrieved on: 
Wednesday, May 12, 2021

CTFO announces a surprising and unexpected discovery: the ability to stabilize cannabinoid acid molecules such as CBDa, making the seemingly impossible, possible.

Key Points: 
  • CTFO announces a surprising and unexpected discovery: the ability to stabilize cannabinoid acid molecules such as CBDa, making the seemingly impossible, possible.
  • FortuneBusinessinsights.com , a research company, reports global CBD market size projected at $39.99 billion by 2027, a 46.4% compound annual growth rate.
  • CTFO acquires, discovers, formulates and distributes product solutions direct to consumers through its independent associates network sales & marketing teams.
  • CTFO\'s vision provide tools to empower people in business, health and serving others; demonstrating the good news with quality, integrity and generosity.

cbdMD Receives Prestigious U.S. Hemp Authority™ Certification

Retrieved on: 
Monday, May 10, 2021

b'cbdMD, Inc. (NYSE American: YCBD, YCBDpA), one of the nation\xe2\x80\x99s leading and most highly trusted and recognized cannabidiol (CBD) brands, announced today that it has received the prestigious U.S. Hemp Authority\xe2\x84\xa2 Certification (USHA).\nThe certification signifies the Company\'s efforts to provide a high-quality, trustworthy product and grants the right to use the Certified Seal of the U.S. Hemp Authority on all hemp product packaging and marketing materials.

Key Points: 
  • b'cbdMD, Inc. (NYSE American: YCBD, YCBDpA), one of the nation\xe2\x80\x99s leading and most highly trusted and recognized cannabidiol (CBD) brands, announced today that it has received the prestigious U.S. Hemp Authority\xe2\x84\xa2 Certification (USHA).\nThe certification signifies the Company\'s efforts to provide a high-quality, trustworthy product and grants the right to use the Certified Seal of the U.S. Hemp Authority on all hemp product packaging and marketing materials.
  • Our cbdMD brand currently includes over 130 SKUs of high-grade, premium CBD products including CBD tinctures, CBD gummies, CBD topicals, CBD capsules, CBD bath bombs, CBD bath salts, CBD sleep aids and CBD drink mixes.
  • cbdMD, Inc. does not undertake any duty to update any forward-looking statements except as may be required by law.
  • The information which appears on our websites and our social media platforms, including, but not limited to, Instagram and Facebook, is not part of this press release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210510005191/en/\n'

Link Reservations Inc/LinkResPet (LRSV) to Translate Website into Spanish

Retrieved on: 
Monday, May 10, 2021

b'London, United Kingdom--(Newsfile Corp. - May 10, 2021) - Link Reservations Inc. (OTC Pink: LRSV) (the "Company"), a provider of wellness and cannabidiol (CBD) products for both humans and pets, announces that its pet-dedicated website, LinkResPet , will be translated into Spanish.

Key Points: 
  • b'London, United Kingdom--(Newsfile Corp. - May 10, 2021) - Link Reservations Inc. (OTC Pink: LRSV) (the "Company"), a provider of wellness and cannabidiol (CBD) products for both humans and pets, announces that its pet-dedicated website, LinkResPet , will be translated into Spanish.
  • While there is a growing group of English speakers in Spain, providing a website and information in Spanish will allow us to target with the majority of the population.
  • CBD has become a very popular health booster in the US and, increasingly so, across the world.
  • In line with this, people are also using CBD as a complementary treatment for their pets\' general ailments.

iBrands Corporation Launches Nano Sport Nutraceutical

Retrieved on: 
Monday, May 10, 2021

b'LAS VEGAS, May 10, 2021 (GLOBE NEWSWIRE) -- (OTC PINK:\xc2\xa0IBRC) ("the Company"), a diversified holding and branding company, announces that through its subsidiary iBrands Farms, has launched Nano Sport, a Nano Stilbene and Nano Cannabidiol based nutraceutical product.\nNano Cannabidiol is a proprietary formulation of nano particle cannabidiol isolate in the range of 75-90 nanometers at a concentration of 200mg per milliliter.

Key Points: 
  • b'LAS VEGAS, May 10, 2021 (GLOBE NEWSWIRE) -- (OTC PINK:\xc2\xa0IBRC) ("the Company"), a diversified holding and branding company, announces that through its subsidiary iBrands Farms, has launched Nano Sport, a Nano Stilbene and Nano Cannabidiol based nutraceutical product.\nNano Cannabidiol is a proprietary formulation of nano particle cannabidiol isolate in the range of 75-90 nanometers at a concentration of 200mg per milliliter.
  • "In our opinion, the small size, combined with the stability of the formulation, positions our NanoStilbene and Nano Cannabidiol product as second-to-none in terms of effectively delivering the compound for a variety of uses.
  • Immune modulation refers to the ability to upregulate (make more active) or downregulate (make less active) one\'s immune system.
  • Statements contained in this release that are not historical facts may be deemed to be forward-looking statements.

Nextleaf Solutions Provides Update on CBD Business

Retrieved on: 
Thursday, May 6, 2021

The bulk distilled CBD oils will be supplied to both the wholesale market and directly to provincially-authorized distributors and retailers across Canada by Labs.

Key Points: 
  • The bulk distilled CBD oils will be supplied to both the wholesale market and directly to provincially-authorized distributors and retailers across Canada by Labs.
  • "The receipt of our sales licence has unlocked new revenue segments and this agreement will offer Nextleaf the opportunity to prove the disruptive nature of our technology.
  • Through its wholly-owned subsidiary Nextleaf Labs Ltd, a licensed processor, the Company is a low-cost producer of cannabis distillate and private label THC & CBD oils.
  • Nextleaf is developing delivery technology through its Health Canada Research Licence with sensory evaluation of cannabis via human testing.