SNDL announced Monday that an entity backed by its Sunstream joint venture has completed the acquisition of certain Parallel cannabis assets in Florida, Texas and Massachusetts. The transaction includes 56 retail locations and three cultivation and manufacturing facilities generating approximately $150 million in annualized revenue. Through the deal, SNDL has indirect majority economic exposure equivalent …
Study Finds Blocking Growth Hormone Pathway Makes Cannabis Plants Shorter While Increasing Cannabinoid Concentrations
Suppressing a plant growth hormone pathway caused cannabis plants to grow substantially shorter while increasing cannabinoid concentrations and the proportion of biomass devoted to flowers, according to a study published in Plant and Cell Physiology. Researchers from Southern Cross University and the Yunnan Academy of Agricultural Sciences examined how manipulating the gibberellin pathway affected female …
Glass House Brands Hires Former DEA Official to Advise on Potential Interstate Marijuana Commerce and Exports
Glass House Brands has retained a former Drug Enforcement Administration official to help the California-based marijuana company prepare for potential interstate commerce and international export opportunities. The company announced Monday that Matt Murphy will advise it on developing compliance systems that could meet federal Schedule III requirements and the regulations of markets outside California. Interstate …
Vireo Growth to Acquire Planet 13 Holdings
Vireo Growth has entered into an agreement to acquire Planet 13 Holdings, a transaction expected to significantly expand Vireo’s marijuana operations in Nevada and Florida while adding to its developing presence in Illinois. Under the agreement announced Monday, each outstanding share of Planet 13 common stock will be converted into the right to receive 0.015383618 …
CBD Nanoparticles Improve Memory and Reduce Alzheimer’s-Related Brain Damage
Delivering cannabidiol (CBD) through human serum albumin nanoparticles improved its ability to reduce Alzheimer’s-related damage in both a cell model and animal model, according to a study published in the Journal of Pharmaceutical Investigation. For the study, researchers from Keimyung University and Chung-Ang University developed nanoparticles containing CBD, known as CBD-HSA-NPs, to address several barriers …
Oakland Ballers Baseball Team to Become Oaksterdam Blazers for Marijuana-Themed Game on July 31
The Oakland Ballers will temporarily become the Oaksterdam Blazers during a marijuana-themed baseball game scheduled for July 31 at Raimondi Park. The independent professional baseball team is partnering with Oaksterdam University for the event, which will be held as part of Grateful Dead Night. The Ballers say it will mark the first time a professional …
Florida Medical Marijuana Registry Posts Three Largest Weekly Gains on Record Following Supreme Court Gun Rights Ruling
Florida’s medical marijuana registry recorded its three largest weekly patient increases on record in the weeks following a U.S. Supreme Court ruling involving the gun rights of marijuana consumers. A review of weekly reports from the Florida Department of Health’s Office of Medical Marijuana Use found that the number of qualified patients with active identification …
Full-Spectrum CBD Oil Reduced Pain From Burning Mouth Syndrome in Placebo-Controlled Trial
Full-spectrum CBD oil significantly reduced pain and improved quality of life among patients with burning mouth syndrome, according to a clinical trial published in Oral Surgery, Oral Medicine, Oral Pathology and Oral Radiology. Researchers from the Federal University of Paraná in Brazil evaluated 26 adults with burning mouth syndrome, a chronic condition characterized by persistent …
Review Highlights Potential Anti-Inflammatory, Antioxidant and Pain-Relieving Properties of Cannabis Roots
Cannabis roots contain a wide range of compounds with potential anti-inflammatory, antioxidant, antimicrobial and pain-relieving properties, according to a comprehensive review accepted for publication in the Journal of Cannabis Research. While most cannabis research has focused on cannabinoids found in the plant’s flowers and leaves, researchers said the roots remain comparatively understudied despite their long …
Study Finds THC Edibles Associated With Lower Pain Levels in People With Chronic Lower Back Pain
People with chronic lower back pain reported lower pain levels on days they consumed marijuana edibles containing THC, according to a study published in the journal Biomedicines. The study examined 243 adults with self-reported chronic lower back pain who selected a recreational marijuana edible and used that product as desired over a 14-day period. Participants …
