Cannabis Industry Surging as Hemp-Based CBD Products Generating Millions in Revenues - Seite 2

"Randy is an accomplished leader with multi-faceted creative talents and a proven track record of achieving impressive branding milestones," said Robert Cheney, President and Chief Executive Officer, C21 Investments. "His fresh perspective will be invaluable as C21 Investments continues to add new brands and products through our aggressive acquisition strategy."  Read this and more news for C21 Investments at http://www.marketnewsupdates.com/news/cxxi.html 

Other recent developments in the cannabis industry include:

Aphria Inc. (TSX:APH) (OTCQB:APHQF) recently completed its largest international shipment of cannabis oil to date to Australian medical life science company, Medlab Clinical Ltd. The shipment is part of the previously announced agreement between Aphria and Medlab in which Aphria produces and supplies high-yield cannabis extracts for Medlab to be used in a human trial to test the management of intractable pain in oncology patients -- the first trial of its kind globally. For the purposes of the clinical trial, Aphria has provided a high-CBD cannabis oil and a high-THC cannabis oil, both of which were designed specifically for Medlab. Once at Medlab, the products are then combined with Medlab's patented medicine delivery system, NanoCelle. Medlab's clinical trial is posited to provide an effective and efficacious pain therapy targeted to advanced cancer pain, that rivals standard opioid use. The product formulation, manufacturing and final product validation have met the TGO93 standard set by the Australian Therapeutic Goods Administration (TGA) and permits have been approved by Health Canada.

Newstrike Resources Ltd.'s (TSX-V:HIP) (OTCPK:NWKRF) wholly owned subsidiary, Up Cannabis Inc., has signed a memorandum of understanding with the British Columbia Liquor Distribution Branch (BCLDB) that will see a variety of Up Cannabis product sold through a BCLDB-approved strategic retail partners and locations. "This agreement is yet another significant achievement for Newstrike and a critical step in our strategy to position Up Cannabis as the preferred Canadian adult-use brand," said Jay Wilgar, chief executive officer of Newstrike and Up Cannabis. "British Columbia is a very important market for Up Cannabis, and we are proud to supply the BCLDB with quality cannabis that will drive our sales and revenue."