CBN

Can B Corp. Secures Ownership and Control of Two Cannabis Patents Valued at $122 Million and Potentially in Excess of $750 Million

Retrieved on: 
Monday, March 11, 2024

HICKSVILLE, NY, March 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Can B Corp., a Florida corporation (OTCQB: CANB) (“Can B”), a health and wellness company specializing in developing, producing and selling hemp-derived cannabinoid products, is pleased to announce that it has secured ownership and control of two cannabis patents that were valued at $122 million, applying a 90% discount and assuming a revenue stream through August 2034, and further based on only CBD claims and only in the U.S. It is believed that if the global THC and CBD markets were added to the valuation, then the value of the patents is potentially up to $750 million.

Key Points: 
  • It is believed that if the global THC and CBD markets were added to the valuation, then the value of the patents is potentially up to $750 million.
  • These patents were previously awarded to United Cannabis Corporation and recently assigned to Can B by a court procedure.
  • The patents were valued at $122 million in December 2020 by an independent third-party valuation team, which used a 90% discount rate due to the emerging nature of the industry.
  • We believe there is a strong opportunity to monetize these patents as they represent important innovations in this industry.

MariMed’s Betty’s Eddies™ Introduces Ache Away Eddies PM For Those Who Chews A Pain-Free Night’s Sleep

Retrieved on: 
Monday, March 4, 2024

NORWOOD, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- Betty’s Eddies ™, the all-natural cannabis fruit chews handcrafted to fit a variety of needs, has launched a new flavor for consumers who want a pain-free, deep sleep: Ache Away Eddies PM.

Key Points: 
  • NORWOOD, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- Betty’s Eddies ™, the all-natural cannabis fruit chews handcrafted to fit a variety of needs, has launched a new flavor for consumers who want a pain-free, deep sleep: Ache Away Eddies PM.
  • Ache Away Eddies PM may help ease inflammation and provide a restful night’s sleep by combining full spectrum cannabis with the most effective supporting cannabinoids and herbal supplements found in two of Betty’s Eddies best-selling fruit chews, Bedtime Betty's and Ache Away Eddies.
  • The blend of organic fruits and vegetables, CBN, CBC, Chamomile, Turmeric, and Piperine means sleeping is no longer a pain for those who chews the fast-acting and orange creme-flavored Ache Away Eddies PM.
  • Consumers can visit the Store Locator at www.bettyseddies.com to see where they can purchase Ache Away Eddies PM and the entire Betty’s Eddies line-up.

Cronos Group Reports 2023 Fourth Quarter and Full-Year Results¹

Retrieved on: 
Thursday, February 29, 2024

In Israel, Cronos launched three new flower offerings under the Peace Naturals® brand in the fourth quarter, Rockstar, Dancehall, and Sonic Fuel.

Key Points: 
  • In Israel, Cronos launched three new flower offerings under the Peace Naturals® brand in the fourth quarter, Rockstar, Dancehall, and Sonic Fuel.
  • Cronos GrowCo reported to the Company preliminary unaudited net revenue to licensed producers excluding sales to the Company in the fourth quarter and full-year 2023 of approximately $6.6 million and $19.6 million, respectively.
  • In addition to principal repayment, Cronos also received approximately $10.3 million in interest payments from GrowCo in 2023, resulting in a total of approximately $15.9 million in cash payments to Cronos in 2023.
  • ET to discuss 2023 Fourth Quarter and Full-Year business results.

MariMed Introduces New and Improved Vibations™ Cannabis and Electrolyte Drink Mix

Retrieved on: 
Thursday, February 29, 2024

NORWOOD, Mass., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vibations, the cannabis and electrolyte drink mix that delivers advanced hydration, has released several new flavors and has been re-formulated to deliver a faster acting 15-minute onset.

Key Points: 
  • NORWOOD, Mass., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vibations, the cannabis and electrolyte drink mix that delivers advanced hydration, has released several new flavors and has been re-formulated to deliver a faster acting 15-minute onset.
  • Perfect for any on-the-go activity, Vibations provides a replenishing boost of focus and energy from its core formula of full-spectrum cannabis and hydrating electrolytes.
  • Vibations is developed and distributed by multi-state cannabis operator MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD).
  • The new Vibations line-up will be available in March at MariMed’s owned and operated dispensaries and other cannabis retailers throughout Massachusetts, Maryland, Illinois, and Delaware.

Hemp, Inc. Reports: Hemp-Based Foods Market Set to Reach $8.36 Billion by 2028

Retrieved on: 
Thursday, February 22, 2024

The hemp-based foods market is set to reach $8.36 billion by 2028 according to The Business Research Company’s (TBRC) latest report , “Hemp Based Foods Global Market Report 2024”.

Key Points: 
  • The hemp-based foods market is set to reach $8.36 billion by 2028 according to The Business Research Company’s (TBRC) latest report , “Hemp Based Foods Global Market Report 2024”.
  • Projected to achieve a robust compound annual growth rate (CAGR) of 8.9%, the market is anticipated to burgeon from its current standing to an impressive $8.36 billion by 2028.
  • The report highlights hemp milk, hemp oil, hemp cheese substitutes, and hemp-based protein powders as key products fueling the market's growth.
  • Distributed primarily through supermarkets and convenience stores, hemp-based foods are becoming increasingly accessible to consumers worldwide, further propelling market growth.

Solei Brand Launches New Cannabis Infused Cold Brew Teas

Retrieved on: 
Thursday, February 22, 2024

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company, today debuts two new ready-to-drink cold brew tea beverages by its premium cannabis wellness brand, Solei .

Key Points: 
  • TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company, today debuts two new ready-to-drink cold brew tea beverages by its premium cannabis wellness brand, Solei .
  • Introducing Peach Cranberry and Wildberry Hibiscus, Solei’s new cold brew tea offerings are non-carbonated and embrace a moderate elevation that’s mildly sweet and comes in 355ml per can.
  • Solei’s newly launched cold brew teas are produced with a black tea base and blended with real fruit juice to create a refreshing fizz-free experience.
  • Find out more about Solei’s Cold Brew Teas by visiting www.solei.ca and following our journey @soleicanada across socials.

There Is a New Patented Technology Coming Soon That Could Very Likely Change the Entire Global Cannabis Marketplace: The Vapor Cartridge Technology (VCT)

Retrieved on: 
Monday, March 4, 2024

Consumers predominantly inhale vaporized cannabis extracts, typically by heating dried flower to produce a rich vapor or using vape pens to vaporize oil-filled cartridges.

Key Points: 
  • Consumers predominantly inhale vaporized cannabis extracts, typically by heating dried flower to produce a rich vapor or using vape pens to vaporize oil-filled cartridges.
  • Recreational Use Advantages: "VCT vapor cartridges will enjoy a distinct advantage in the adult recreational market.
  • VCT vapor cartridges will offer a more cost-effective and trusted way for consumers to achieve the physiological effect that they desire."
  • As such, demand will be high for legal wholesale botanical cannabis to be processed into VCT vapor cartridges.

Tassel Media Ascends to Leading Role with Acquisition of American Campus Media, Unveiling a Powerful Advertising Synergy across College Campuses in the U.S.

Retrieved on: 
Wednesday, February 21, 2024

OAKLAND, Calif., Feb. 21, 2024 /PRNewswire-PRWeb/ -- Tassel Media announced today a groundbreaking milestone with its acquisition of American Campus Media (formerly the College Billboard Network, CBN). This transformative union propels Tassel Media into a media proprietor role, firmly establishing its dominance in connecting brands with the influential 18-24 audience. With the acquisition of American Campus Media's extensive Out-of-Home (OOH) campus advertising network, Tassel Media assumes the rights to over 700 faces across the nation—a testament to the company's unwavering commitment to providing clients with unparalleled scale and impact. This bold move solidifies Tassel Media's ascendancy to the forefront of the out-of-home media landscape, empowering brands to forge meaningful connections with the dynamic next-gen audience.

Key Points: 
  • Embarking on a groundbreaking venture, Tassel Media takes center stage with its recent acquisition of American Campus Media, solidifying its position as a key player in out-of-home campus advertising.
  • OAKLAND, Calif., Feb. 21, 2024 /PRNewswire-PRWeb/ -- Tassel Media announced today a groundbreaking milestone with its acquisition of American Campus Media (formerly the College Billboard Network, CBN).
  • This transformative union propels Tassel Media into a media proprietor role, firmly establishing its dominance in connecting brands with the influential 18-24 audience.
  • "We are thrilled to announce our acquisition of American Campus Media, a watershed moment in our journey of redefining out-of-home campus advertising," declares Dennis Peñate, Founder & CEO at Tassel Media.

Celebrate Self-Care with Rare Cannabinoid Company's Exclusive Offers On CBG, THC, CBC & CBD Gummies & Oils

Retrieved on: 
Wednesday, February 21, 2024

HONOLULU, Feb. 21, 2024 /PRNewswire-PRWeb/ -- Rare Cannabinoid Company invites you to indulge in the ultimate self-care experience with their exclusive offers on a wide range of cannabinoid products this month. Whether you're seeking relief from soreness, stress, or simply aiming to elevate your well-being, Rare Cannabinoid Company has something special for everyone.

Key Points: 
  • From CBG gummies to oils, including variants with or without CBD and THC, Rare Cannabinoid Company ensures a comprehensive selection to cater to diverse preferences and wellness goals.
  • HONOLULU, Feb. 21, 2024 /PRNewswire-PRWeb/ -- Rare Cannabinoid Company invites you to indulge in the ultimate self-care experience with their exclusive offers on a wide range of cannabinoid products this month.
  • THC + CBG Gummies - These hemp gummies contain the same ingredients as the brand's CBG gummies plus 2.5mg Delta-9-THC per gummy.
  • From a diverse array of rare cannabinoid isolate oils to full-spectrum hemp Delta-9-THC gummies, Rare Cannabinoid Company provides an extensive apothecary tailored to meet your unique needs.

Sunderstorm Introduces the Next Generation of Functional Gummies, KANHA FX, Formulated by Doctors for Targeted Effects

Retrieved on: 
Thursday, February 15, 2024

LOS ANGELES, Feb. 15, 2024 /PRNewswire/ -- Sunderstorm's award-winning edibles brand is proud to welcome KANHA FX, a new line of functional gummies that heralds groundbreaking advancements in precision, innovation and targeted effects. Formulated by doctors to help set your mood, KANHA FX launches with three fast-acting gummies: ENERGY, SLEEP and LOVE.

Key Points: 
  • LOS ANGELES, Feb. 15, 2024 /PRNewswire/ -- Sunderstorm's award-winning edibles brand is proud to welcome KANHA FX, a new line of functional gummies that heralds groundbreaking advancements in precision, innovation and targeted effects.
  • Formulated by doctors to help set your mood, KANHA FX launches with three fast-acting gummies: ENERGY, SLEEP and LOVE.
  • "The scientific community knows more about cannabinoids, terpenes and entourage effects today than it has at any time in history," explains Cameron Clarke, CEO and Co-Founder of Sunderstorm.
  • "As the science advances, our products will follow suit, and that commitment helps make KANHA FX the driving force behind the next generation of functional gummies.