Comunicati Stampa
Varie

The Growth of the Cannabis Market Propels Demand for New Technology to Restrain Misuse

As sales of such products are becoming more popular, so are some of the unwelcome consequences, such driving while under the influence of cannabis. As such, the need for a marijuana breathalyzer was understood. "The first commercial units of the Hound Marijuana Breathalyzer will be in the hands of customers this spring," Dr. Mike Lynn, an emergency room physician who is CEO and co-founder of Hound Labs, told High Times. "Production will ramp up throughout the rest of 2021." As sales of such...
NEW YORK, (informazione.it - comunicati stampa - varie)

As sales of such products are becoming more popular, so are some of the unwelcome consequences, such driving while under the influence of cannabis. As such, the need for a marijuana breathalyzer was understood. "The first commercial units of the Hound Marijuana Breathalyzer will be in the hands of customers this spring," Dr. Mike Lynn , an emergency room physician who is CEO and co-founder of Hound Labs, told High Times. "Production will ramp up throughout the rest of 2021."

 (OTC: BLOZF) (CSE: BLO) announced yesterday breaking news that it, "will be participating in a mid-October study date to test a supplemental version of its FAIMS technology for detection of ∆9-tetrahydrocannabinol ("THC") and related analytes in human breath in a comprehensive multi-analysis study of subjects under the influence of marijuana in the southern United States . Cannabix has participated in two testing day events held in two different US cities in June and July. The October event will be held in a new location. In the Southern US study, Cannabix is working alongside toxicologists and law enforcement officers who are testing subjects under the influence of marijuana. The Company's technology (proprietary breath capture and marijuana detection equipment, described below) is being used side by side with several conventional drug screening methods including blood and oral fluid collection. Furthermore, a closed course driving test is planned for the mid-October study date to gauge impairment. Details of the study will be available in due course when disclosure approvals are granted to the Company.

Data from previous studies demonstrate very consistent correlation of levels of THC in direct comparison between breath samples collected and analyzed with Cannabix hardware and the current standard of whole blood. The Company's handheld Breath Collection Unit ("BCU", Fig. 1) and newly developed laboratory "MS Breath Sampler" (Fig. 2) are being used together to provide a new ground-breaking method for drug detection that complements gold-standard mass spectrometry (MS) and significantly simplifies laboratory analysis methods, reduces sample turnaround times (thus minimizing operating costs), while maintaining sensitive, precise results.

The Company has developed a unique breath capture system, capable of collecting low volatility analytes, such as THC, from a sample size of only approximately 5 breaths. In addition, the Cannabix device captures analytes efficiently such that the sample preparation steps needed in traditional methods are completely eliminated.  The system has detected and confirmed THC in breath out to 4 hours after smoking with breath samples being stored and analyzed up to two days after sample collection.

THC in Breath & Blood Data - Cannabix has been actively participating in breath-blood studies over the course of the year - completing experiments in Ontario (see press release from May 9th, 2022 ) and alongside law enforcement in the southern US in June and July (see press releases from July 12th and August 25th, 2022 ). The study results show that breath levels of THC over time are consistent between subjects, and data demonstrate consistent correlation of levels of THC between breath and whole blood in early time points after smoking.

Study Importance - With its participation in these blood-breath correlation studies, the Company is building an important body of real-world breath data of various cannabis users, taken using cutting-edge hardware developed by Cannabix.  These data significantly increase accuracy of recency of use by metabolism measurements.  Blood is currently the standard of measurement for drug determination by law enforcement and toxicologists, and is used as objective evidence of possible impairment in courts of law…"

 (OTCQX: VRNOF) announced on September 7th , the closing of its transaction to acquire all of the equity interests of WSCC, Inc., d/b/a Sierra Well (" Sierra Well "), adding two operational dispensaries and an active cultivation and production facility in Nevada , along with two real estate properties in Carson City and Reno . The acquisition, which was previously announced on July 26, 2021 , increases Verano's vertically-integrated Nevada operations to five active dispensaries and two cultivation and production facilities that are geographically spread across the state's key population and tourist regions. "Today signifies a huge step forward for our business in Nevada , a state that we have long considered a core growth market and key piece of our operational footprint," said George Archos , Verano Founder and Chief Executive Officer. "Gaining a presence in Reno and Carson City provides Verano with comprehensive retail and distribution opportunities in Northern Nevada that compliment our current operations in the Las Vegas area. With a growing population, booming tourism and an abundance of natural beauty, we look forward to a bright future in the great state of Nevada ."

 (NASDAQ: SNDL) and IM Cannabis Corp. announced September 15 , that SNDL has completed its initial international export of approximately 167 kilograms of premium dried flower from Canada to Israel as part of its total commitment with IMC. SNDL and IMC have agreed to the aggregate export of 1,000 kilograms of high-quality dried flower products for processing and distribution in the Israeli medical cannabis market. The expansion marks a significant milestone for SNDL as it enters the global market. "We are pleased with our partnership with IMC, one of Europe's most established and trusted medical cannabis companies," said Andrew Stordeur , President and Chief Operating Officer of SNDL. "SNDL plans to opportunistically expand the Company's premium inhalables footprint to international cannabis markets, and this initial endeavour strengthens our pursuits in both established medical markets and emerging global recreational markets."

 (OTCQX: GTBIF) announced on February 7 , it will open two new retail locations in Virginia : Rise Lynchburg on February 8 ; and Rise Christiansburg on February 10 . Profits from the first day of sales will be donated to local organizations for each store opening: Rise Lynchburg will donate to Shawn Moss Wellness and Growth Foundation (SWAG Foundation) and Rise Christiansburg will donate to Montgomery County Emergency Assistance Program (MCEAP). "We are thrilled to expand our footprint to 75 stores across the nation, while increasing our retail presence in Virginia ," said Green Thumb Founder and Chief Executive Officer Ben Kovler . "Since entering the state last summer, we have had the opportunity to meet many patients and community members, and we are ready to introduce the Rise experience to more of our neighbors in these two cities. We are also proud to support the Shawn Moss Wellness and Growth Foundation, an organization that is making a huge impact in communities affected by gun violence, and the MCEAP, which supports many residents and their path to restored self-sufficiency by providing access to food and clothing."

 (NYSE: SMG) announced on January 4 , it has acquired Luxx Lighting in a transaction that significantly strengthens The Hawthorne Gardening Company's industry-leading lighting portfolio. The Company also said it has acquired True Liberty Bags, the industry's leading provider of liners and storage solutions to dry and cure plant products. "These strategic acquisitions reinforce our commitment to provide commercial cannabis cultivators in state-authorized markets with a complete set of solutions driven by insight and innovation," said Chris Hagedorn , division president of Hawthorne . "While the cannabis market continues to see near-term challenges from an over-production in recent months, we see the current reality as an opportunity to further distance ourselves from the competition and strengthen our business for long-term success.

Subscribe Now! Watch us report LIVE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. FinancialBuzz.com has not been compensated directly by any of the companies mentioned here in this editorial unless mentioned otherwise. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For cannabix technologies inc. video production, filming editing, news reporting, financial and corporate news dissemination, FinancialBuzz.com has been compensated five thousand dollars by the company. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.

info@financialbuzz.com
+1-877-601-1879
www.FinancialBuzz.com

SOURCE FinancialBuzz.com

View original content:https://www.prnewswire.co.uk/news-releases/the-growth-of-the-cannabis-market-propels-demand-for-new-technology-to-restrain-misuse-301647536.html

Ufficio Stampa
 PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
Allegati
Non disponibili