Aurora Cannabis

AUDACIOUS Launches at MJBizCon 2021

Monday, October 18, 2021 - 12:00pm

LAS VEGAS, Oct. 18, 2021 /PRNewswire/ - Australis Capital Inc., operating as AUDACIOUS (CSE: AUSA) (OTC: AUSAF) ("AUSA", "AUDACIOUS", or the "Company"), will make its official debut at the Marijuana Business Daily Conference 2021 (MJBizCon) October 19 to October 22 in Las Vegas, Nevada.

Key Points: 
  • LAS VEGAS, Oct. 18, 2021 /PRNewswire/ - Australis Capital Inc., operating as AUDACIOUS (CSE: AUSA) (OTC: AUSAF) ("AUSA", "AUDACIOUS", or the "Company"), will make its official debut at the Marijuana Business Daily Conference 2021 (MJBizCon) October 19 to October 22 in Las Vegas, Nevada.
  • AUDACIOUS is at its roots a community and culture-based cannabis company that was spun out of Aurora Cannabis, co-founded by Terry Booth, who joined AUDACIOUS as CEO in March 2021.
  • In just seven months, AUDACIOUS has closed multiple accretive transactions, improved legacy contracts, and established a world class executive team.
  • "MJBizCon this year will be one of the most meaningful events in the cannabis industry in years," said Terry Booth, CEO.

Rising Consumer Spending on CBD-infused Products Fueling Big Profits in Billion Dollar Industry

Thursday, October 14, 2021 - 1:50pm

Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.

Key Points: 
  • Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.
  • The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products.
  • As a result, CBD-infused product sales are soaring, ultimately driving the growth of the CBD-infused products market.
  • "According to Bloomberg , Thrasio, having raised more than $2 billion, could see its IPO valued at more than $10 billion.

Rising Consumer Spending on CBD-infused Products Fueling Big Profits in Billion Dollar Industry

Thursday, October 14, 2021 - 1:50pm

PALM BEACH, Fla., Oct. 14, 2021 /PRNewswire/ -- The last two decades have seen a great deal of progress in global legalization and regulation of cannabis, both for medical and recreational use. Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products. The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products. Moreover, the usage of cannabis in pet food and the increasing demand for cannabis-infused drinks provide significant opportunities in this market. However, the high cost associated with CBD and stringent government regulations against cannabis in certain countries obstructs the growth of this market to some extent. A report from Meticulous Research projected that the CBD-infused products market is expected to grow at a CAGR of 45.6% from 2021 to 2028 to reach $216.8 billion by 2028. The report said, "The COVID-19 pandemic has severely impacted many economies around the globe. As a measure to control the spread of this disease and avoid its associated consequences, governments across the globe announced partial or complete lockdowns, majorly impacting many industries, but the cannabis industry is having a breakthrough moment. Since it is beneficial for COVID-19 respiratory effects, thus state and local governments are gradually accepting the value and benefits of medicinal cannabis. Thus, this factor is expected to boost the demand for CBD-infused products." Active Companies in the cannabis industry include Grove, Inc. (NASDAQ: GRVI), Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE: TRUL), Curaleaf Holdings, Inc. (OTCQX: CURLF) (CSE: CURA), Cronos Group, Inc. (NASDAQ: CRON) (TSX: CRON), Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB).

Key Points: 
  • Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.
  • The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products.
  • As a result, CBD-infused product sales are soaring, ultimately driving the growth of the CBD-infused products market.
  • "According to Bloomberg , Thrasio, having raised more than $2 billion, could see its IPO valued at more than $10 billion.

Aurora Cannabis Launches its First Medical CBD Product in Uruguay

Wednesday, September 29, 2021 - 9:11pm

A leader in the international cannabis market, Aurora has shifted its strategy in Uruguay to focus exclusively on medical cannabis, with the aim of making the country its continental centre of production and distribution.

Key Points: 
  • A leader in the international cannabis market, Aurora has shifted its strategy in Uruguay to focus exclusively on medical cannabis, with the aim of making the country its continental centre of production and distribution.
  • Aurora is continuing to develop its CBD oil product line in Uruguay, with plans to expand its portfolio in the coming months.
  • Aurora is a global leader in the cannabis industry,serving both the medical and consumer markets.
  • The Company's brandportfolio includes Aurora, Aurora Drift , San Rafael '71 , Daily Special ,MedReleaf,CanniMed, Whistler , Reliva and KG7 CBD .

PAOG CBD Nutraceutical Launch Timed To Capture Market Momentum

Wednesday, September 29, 2021 - 3:32pm

Today the company highlights CBD industry momentum that could benefit PAOGs impending CBD nutraceuticals product launch.

Key Points: 
  • Today the company highlights CBD industry momentum that could benefit PAOGs impending CBD nutraceuticals product launch.
  • PAOG is developing CBD pharmaceutical and nutraceuticals from its intellectual property associated with a patented cannabis extraction method - U.S. Patent No.
  • The 2020 CBD Nutraceuticals Market had an estimated value of $5.2 Billion, and it is expected to reach $16.4 Billion by 2027.
  • A recently published article on the growing CBD market highlights some mainstream company CBD initiatives the PAOG management views as beneficial to the PAOG CBD nutraceuticals product launch.

Advanced Cannabis Intoxication Detection Devices Set to Improve Road Safety

Monday, September 27, 2021 - 4:50pm

NEW YORK, Sept. 27, 2021 /PRNewswire/ -- More and more states are beginning to implement legislation to regulate cannabis products. As sales of such products are becoming more prevalent, new and important regulations are expected to be implemented. One of the major concerns over cannabis abuse revolves around operating a vehicle while impaired. Generally, law enforcement officers may conduct field tests such as sobriety tests or even sample tests. However, sobriety tests can be inaccurate, while sample tests may not receive results for days or even weeks. As a result, companies within the cannabis marketspace began to develop the necessary technology for law enforcement agencies to use in crackdowns on drivers operating a vehicle while under the influence of marijuana. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), OrganiGram Holdings Inc. (NASDAQ: OGI), HEXO Corp. (NYSE: HEXO), Cronos Group Inc. (NASDAQ: CRON), Aurora Cannabis Inc. (NASDAQ: ACB)

Key Points: 
  • Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
  • While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
  • The Company also reports that it has shipped two THCBA devices to a biomedical clinic in southern Ontario for beta-testing.
  • Aurora Cannabis Inc.(NASDAQ: ACB) and Ethypharm reported last month that they have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks.

Advanced Cannabis Intoxication Detection Devices Set to Improve Road Safety

Monday, September 27, 2021 - 4:47pm

Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.

Key Points: 
  • Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
  • While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
  • The Company also reports that it has shipped two THCBA devices to a biomedical clinic in southern Ontario for beta-testing.
  • Aurora Cannabis Inc.(NASDAQ: ACB) and Ethypharm reported last month that they have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks.

North America CBD Infused Beverages Estimated To Be One of the Largest Sectors in Cannabis Industry Through 2025

Friday, September 10, 2021 - 1:30pm

The legalization of cannabis for medical and recreational purposes has had a strong impact on the sales of alcoholic drinks.

Key Points: 
  • The legalization of cannabis for medical and recreational purposes has had a strong impact on the sales of alcoholic drinks.
  • Grand View Research continued: "Strong demand for cannabis beverages from millennials is also anticipated to drive the market growth.
  • North America is estimated to be the fastest and largest market over the forecast period.
  • Europe is estimated to witness strong growth over the forecast period, owing to a rise in cannabis consumers in the region."

North America CBD Infused Beverages Estimated To Be One of the Largest Sectors in Cannabis Industry Through 2025

Friday, September 10, 2021 - 1:30pm

The legalization of cannabis for medical and recreational purposes has had a strong impact on the sales of alcoholic drinks.

Key Points: 
  • The legalization of cannabis for medical and recreational purposes has had a strong impact on the sales of alcoholic drinks.
  • Grand View Research continued: "Strong demand for cannabis beverages from millennials is also anticipated to drive the market growth.
  • North America is estimated to be the fastest and largest market over the forecast period.
  • Europe is estimated to witness strong growth over the forecast period, owing to a rise in cannabis consumers in the region."

Hemp Fiber Market Projected To Reach $43.75 Billion By 2027

Monday, August 30, 2021 - 1:45pm

A report from Verified Market Research said that Hemp Fiber Market, which was valued at USD 4.46 Billion in 2019, is projected to reachUSD 43.75 Billion by 2027, growing at aCAGR of 33% from 2020 to 2027.

Key Points: 
  • A report from Verified Market Research said that Hemp Fiber Market, which was valued at USD 4.46 Billion in 2019, is projected to reachUSD 43.75 Billion by 2027, growing at aCAGR of 33% from 2020 to 2027.
  • Another report from Global Market Estimates agreed saying that the Hemp Fiber MarketWill Grow With A High CAGR Value Through 2026.
  • The increasing legalization of the cultivation of hemp is prompting the manufacturers and research institutions to develop new products from industrial hemp.
  • Generation Hemp Chairman and CEO, Gary C. Evans commented, "When you are involved as a business owner in the hemp industry, you also become part of the hemp community.