Hemp

Cresco Labs Announces Dennis Olis to Retire as Chief Financial Officer

Retrieved on: 
Thursday, September 12, 2024
Natural Resources, Other Retail, Health, Hemp, Cannabis, Retail, Forest Products, Other Health, GAAP, MBA, Economics, Growth, Olís, CFO, Cresco Labs, SOX, Michigan State University, TJX Companies, Financial management, Multimedia, Schuler

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced that Dennis Olis, Chief Financial Officer, will retire from Cresco Labs after a planned transition to Sharon Schuler, an experienced financial and strategy executive.

Key Points: 
  • Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced that Dennis Olis, Chief Financial Officer, will retire from Cresco Labs after a planned transition to Sharon Schuler, an experienced financial and strategy executive.
  • View the full release here: https://www.businesswire.com/news/home/20240912302903/en/
    Financial executive Sharon Schuler joins Cresco Labs and will succeed retiring CFO Dennis Olis (Photo: Business Wire)
    Schuler recently joined Cresco Labs while preparing to take the role of Chief Financial Officer upon Olis’s departure.
  • “Dennis has been CFO for Cresco Labs during a period of tremendous growth, profitability improvement and companywide maturation,” said Charlie Bachtell, CEO of Cresco Labs.
  • “He has been instrumental in laying the foundation of Cresco Labs, helping us build the capabilities and the financial position that will support stability and growth for years to come.”
    “It has been an honor to be entrusted with guiding the financial strategy of Cresco Labs through such transformative years," said Dennis Olis, Chief Financial Officer.

Small Pet Select Launches The Most Environmentally Friendly Cat Litter On The Market

Retrieved on: 
Monday, September 2, 2024
Cat, Asthma, Animal, Pesticide, Soil, Atmosphere, CO2, Multimedia, Respiratory disease, Dust, Nutrient, Human, Hemp, Environment

LOUISVILLE, Ky., Sept. 2, 2024 /PRNewswire/ -- Hemp cat litter is a sustainable alternative to clay litter that is even more absorbent and has superior odor control.

Key Points: 
  • LOUISVILLE, Ky., Sept. 2, 2024 /PRNewswire/ -- Hemp cat litter is a sustainable alternative to clay litter that is even more absorbent and has superior odor control.
  • This cat litter gives animal lovers a way to keep a highly disposable product out of landfills without compromising on functionality.
  • The cat litter you select may appear insignificant, but it has a substantial impact on the environment.
  • - Bill Gordon, Small Pet Select
    Since 2012, Small Pet Select has been applying innovation and sustainability to pet well-being.

Industrial Hemp Market size is set to grow by USD 13.90 billion from 2024-2028, High demand from the textile industry to boost the market growth, Technavio

Retrieved on: 
Tuesday, August 13, 2024
Legislation, Dietary supplement, Paper, Weather, Cosmetics, Health, Protein, Gamma-Linolenic acid, Soil, Biofuel, Growth, Carbohydrate, Carbon, Lipid, Plastic, Pesticide, Textile, Hemp, Building material, Seed, Nutrient, Food, Linoleic acid, Research

1.1 Seeds- The industrial hemp seeds market holds a substantial share in the global industrial hemp market.

Key Points: 
  • 1.1 Seeds- The industrial hemp seeds market holds a substantial share in the global industrial hemp market.
  • The organic hemp seeds segment is further divided into hulled hemp seeds, or hemp hearts, and whole hemp seeds.
  • Hemp hearts are popular due to their nutty taste and high nutritional value, while whole hemp seeds are appreciated for their high fiber content and versatility.
  • In summary, the industrial hemp seeds market is experiencing growth due to the rising demand for organic and plant-based products.

Hemp Seed Meal achieves monumental milestone through AAFCO and FDA-CVM

Retrieved on: 
Friday, August 9, 2024
DHA, Animal, Farmer, Mineral, Cannabinoid, Health, Mass meeting, HFC, Healthy food, Soil, HSM, Lutein, C-3, ALA, GLA, Veterinary medicine, Safety, Annual general meeting, Hemp, AAFCO, Official, Ruminant, FDA

This hemp grain derivative is a highly nutritious ingredient with a wide range of essential vitamins, minerals, healthy oils, and a complete protein profile.

Key Points: 
  • This hemp grain derivative is a highly nutritious ingredient with a wide range of essential vitamins, minerals, healthy oils, and a complete protein profile.
  • Research confirms the nutrition profile and functionality of hemp feed resembles that of soy and canola, while alleviating concerns about its suitability as an ingredient.
  • Feed mills and formulators have eagerly awaited this approval, having recognized the potential of hemp feed products long ago.
  • Hemp Feed Coalition, is a 501(c)(3) organization that consists of hemp and feed industry leaders dedicated to facilitating the health of our animals as well as the expansion of the hemp industry.

MedBright AI Issues Clarifying News Release on Continuous Disclosure Record

Retrieved on: 
Friday, August 9, 2024
HAG, Exercise, Record, Rejuvenation, Intelligence, OTB, Person, Acquisition, Marketing, Certification, Delivery, NIST, CDN, Investment, Prospectus, News, Intellectual property, Government, Policy, Risk assessment, Patient, Artificial intelligence, Dermatology, Hemp, Focus, First person, File, Software, Health, Projection, Investment policy, AIML, Book, AI, HIPAA, Medicare, Physician, National instrument, Bank statement, FDA, Spouse, Electronic health record, DCF, Risk, Disclosure, Growth, Patent, CWE, Social media, Security (finance)

The Company and HAG anticipate that users may include US healthcare providers, US health insurance companies, government agencies, employers, and health systems.

Key Points: 
  • The Company and HAG anticipate that users may include US healthcare providers, US health insurance companies, government agencies, employers, and health systems.
  • As a private company operating in the healthcare technology and AI sector, the Company’s investment in Limmi involves several notable risks.
  • The Company is unable to provide the disclosure required pursuant to NI 52-112 in support of this measure.
  • Accordingly, the Company retracts its disclosure of this assumption and cautions readers not to rely on this projection.

Horticulture Co and Karate Combat Announce Strategic Beverage Partnership

Retrieved on: 
Friday, July 19, 2024
Hemp, Cannabis, CCO, Partnership, Sport, KC, Health, Functional, Horticulture, Karate Combat, Athlete

DUBAI, United Arab Emirates, July 19, 2024 (GLOBE NEWSWIRE) -- Horticulture Co, a leading innovator in the Hemp-derived Cannabis and functional products industry, and Karate Combat, the premier professional karate league, are pleased to announce a significant partnership aimed at enhancing the performance and well-being of athletes and fans alike.

Key Points: 
  • DUBAI, United Arab Emirates, July 19, 2024 (GLOBE NEWSWIRE) -- Horticulture Co, a leading innovator in the Hemp-derived Cannabis and functional products industry, and Karate Combat, the premier professional karate league, are pleased to announce a significant partnership aimed at enhancing the performance and well-being of athletes and fans alike.
  • Under this partnership, Horticulture’s diverse portfolio of brands will serve as KC’s exclusive official Hemp and Functional beverage category partner.
  • This collaboration marks a pivotal moment for both entities, leveraging Horticulture’s expertise in botanical solutions and KC’s dedication to the advancement of combat sports.
  • "At KC, we are dedicated to providing our athletes with the best possible support and resources," said Peter Vesey, CCO of Karate Combat.

Industrial Hemp Market size is set to grow by USD 13.90 billion from 2024-2028, High demand from the textile industry boost the market, Technavio

Retrieved on: 
Wednesday, July 17, 2024
Anxiety, Hemp, Building material, Seed, CBD, Dietary supplement, Linoleic acid, Cosmetics, Sleep, Pesticide, Health, Biofuel, Food, Lipid, Renewable energy, Pain, Plastics industry, Fossil, Traction, Drink, Protein, Carbohydrate, Pigment, Soil, Growth, Paper, Textile, Carbon, Farmer, Face, Weather, Agriculture

Hemp seeds, rich in protein and essential fatty acids, fuel the food and beverage industry with products like hemp milk, oil, and protein powder.

Key Points: 
  • Hemp seeds, rich in protein and essential fatty acids, fuel the food and beverage industry with products like hemp milk, oil, and protein powder.
  • Consumer preference for organic and natural foods propels the demand for organic hemp seeds, free from harmful chemicals and pesticides.
  • The organic hemp seeds segment's growth is driven by the rising demand for organic and plant-based products, contributing to the seeds segment's expansion in the industrial hemp market.
  • Overall, the industrial hemp market offers a clean, sustainable, and cost-effective solution for various industries in the face of the climate crisis.

Cannatrol Brings Breakthrough Postharvest Cannabis Tech to Europe in Partnership With Paralab Green

Retrieved on: 
Thursday, July 11, 2024
Environment, Technology, Agritech, Hemp, Cannabis, Green Technology, Other Natural Resources, Agriculture, Natural Resources, Good manufacturing practice, GMP, European, Partnership, Quality control, Vapor pressure, Drug

“This partnership truly represents the best of cannabis processing,” said Jane Sandelman, CEO and Co-Founder of Cannatrol.

Key Points: 
  • “This partnership truly represents the best of cannabis processing,” said Jane Sandelman, CEO and Co-Founder of Cannatrol.
  • “Paralab Green has established relationships within the European cannabis industry and has a unique understanding of the rapidly growing market.
  • “The European market continues to lead the way in Good Manufacturing Practices (GMP) compliance, and this partnership with Cannatrol is a pivotal addition that enhances our portfolio at Paralab Green,” said Rui Soares, CEO of Paralab Green.
  • In addition to Europe, Paralab Green operates in Israel, North Africa and Latin America—opening the door for operators in those regions to access Cannatrol technology.

Iowa's Hemp Industry at Risk: Sunmed™ | Your CBD Store® Responds

Retrieved on: 
Monday, July 8, 2024
Supremacy Clause, Des Moines, Iowa, Edible, Small business, Uncertainty, Court, Social media, State, Hemp, Sale, Commerce Clause, Health, House, Safety, CBD, Legislation, Family, Friends

DES MOINES, Iowa, July 8, 2024 /PRNewswire/ -- Sunmed | Your CBD Store, an industry-leading provider of high-quality, non-pharmaceutical wellness products, seeks urgent support from consumers, small business advocates, and the community in general to challenge the recent Iowa "Hemp Amendments"—House File 2605 and House File 2641—which criminalize the manufacture and sale of otherwise legal full spectrum hemp and narrow the definition of legal, consumable wellness products, thus depriving Iowans of safe and effective relief options.

Key Points: 
  • The lawsuit highlights several constitutional violations by the Hemp Amendments, including breaches of the Supremacy Clause, Commerce Clause, Due Process Clause, and Takings Clause.
  • "Iowa's Hemp Amendments are unconstitutional and harmful to both small businesses and consumers seeking natural alternatives for health concerns."
  • Sunmed | Your CBD Store has always welcomed appropriate regulation and enforcement to ensure consumer safety and product integrity.
  • However, the Hemp Amendments essentially eliminate the hemp industry in its totality.

Pamos Cannabis Cocktails & Spirits Continues National Expansion through Mainstream Alcohol Distributor and Retail Channels in the Southeastern United States Market

Retrieved on: 
Thursday, June 27, 2024
Hemp, Wine, Legislation, Regulation, Partnership, United States farm bill, Delta, Development, Restaurant, Entrepreneurship, Eberlin, THC, Beer, CBA, Sale, Drink, LOS

LOS ANGELES, June 27, 2024 /PRNewswire/ -- Pamos Cannabis Cocktails & Spirits recently launched its hemp-derived Delta-9 THC beverage brand with major retailers across Florida, Georgia, and South Carolina. This expansion into the southeastern states is very timely given the rapidly growing demand for nonalcoholic beverages in the United States and the strong consumer sentiment around access to regulated cannabis products.

Key Points: 
  • This expansion into the southeastern states is very timely given the rapidly growing demand for nonalcoholic beverages in the United States and the strong consumer sentiment around access to regulated cannabis products.
  • In South Carolina, Pamos is now sold in more than 100+ traditional retail doors including the two largest retail liquor chains in the state.
  • Florida is quickly becoming the second largest market for Pamos with products on-shelf in the state's largest retail chain.
  • Additionally, several of the state's largest beer, wine and spirit distributors are adding Pamos to their expanding alternative beverage portfolios.