April 2024 - Page 2 of 2

WednesdayApr 10, 2024 9:00 am

Golden Triangle Ventures Inc. (GTVH) Making Key Progress in Development of Destino Ranch, an Immersive Entertainment Venue

Developed under Lavish Entertainment, a wholly owned subsidiary of GTVH, Destino Ranch will be a one-of-a-kind destination that revolutionizes the concept of an immersive music and art venue. Phase one development begins after the execution of a land-use-and-development agreement outlining exclusive rights to purchase, use and operate the nearly 70-acre property. Additional upgrades on the initial property secured will “dramatically increase speed into the market.” Marco Moreno has been appointed as president of Lavish Entertainment to spearhead the development of Destino Ranch. Mr. Moreno has notable experience in the large-scale event development industry with high-fidelity collaborations through his company ABI…

TuesdayApr 09, 2024 2:30 pm

New Scientific Review Highlights Potential of CBD in Treating Cancer, COVID Pain

A recently conducted scientific review has called attention to CBD’s potential in managing and treating symptoms of conditions such as diabetes, pain, epilepsy, schizophrenia, COVID-19 and cancer, among others. The review tries to summarize the impact of marijuana on human health, noting that the plant and its compounds demonstrate anti-inflammatory, neuroprotective, antibacterial, antithrombotic, antiepileptic and analgesic properties. Through funding from the National Product Institute of Science and Technology, the study also examined recent research advancements on CBD, focusing on possible medical applications. The review was carried out by an eight-person team from South Korea, representing the National Product Institute of…

ThursdayApr 04, 2024 10:00 am

NY Hemp Firms Refile Lawsuit Against Law Banning Intoxicants from Hemp

A coalition of companies in New York has refiled a suit against the Office of Cannabis Management and the state’s Cannabis Control Board. The state-licensed operators claim that New York’s new rules on hemp-derived cannabinoid products have cost them losses adding up to millions of dollars. The companies hope to be awarded an injunction that would allow them to continue selling hemp products. This comes after a judge dismissed a similar case filed prior to this one on technical grounds. In their statement, the plaintiffs note that the raids were part of a larger crackdown on the illegal marijuana trade…

TuesdayApr 02, 2024 10:00 am

USDA Greenlights Modified Hemp Variant Free from CBD, THC

The U.S. Department of Agriculture (“USDA”) recently gave the green light to genetically engineered hemp that doesn’t produce cannabidiol (“CBD”) or tetrahydrocannabinol (“THC”). This is the second genetically engineered variety of hemp to receive approval from the USDA. A low CBD-and THC strain by Growing Together Research was approved by the agency last year. Hemp, under the 2018 Farm Bill, is defined as the cannabis sativa plant and any part with nothing more than 0.3% delta-9 THC concentration on dry weight basis. Anything above this limit is categorized as marijuana. While there are different varieties of hemp that are low…