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420 with CNW — Marijuana Rescheduling Likely to Reduce Barriers to Research May 16, 2024 04:25PM

The Biden administration’s move to reclassify cannabis as a less hazardous substance is anticipated to ease some of the limitations on research. However, experts caution that while the change will alleviate certain restrictions, it won’t eliminate all of them. Additionally, it may not necessarily reduce the potential risks associated with cannabis or enhance users’ understanding of those risks.

Currently, cannabis is categorized as a Schedule I substance,... (continue reading...)


TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Looking to Tap into Various Growing Markets May 16, 2024 03:58PM

Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, has proven in numerous studies the ability of its patented DehydraTECH(TM) technology to increase bio-absorption compared to standard industry formulations, as well as reduce time of onset and deliver drugs more effectively across the blood-brain barrier. “DehydraTECH has a number of potential pharmaceutical applications, a testament to its versatility and overall effectiveness.... (continue reading...)


MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Poised Amid Pressing Need for New Gold and Copper Discoveries May 16, 2024 03:51PM

Torr Metals Inc. (TSX.V: TMET) is positioned amidst a growing urgency to discover and develop new gold and copper mines. The company is searching for the next big deposit across its 1,100 km of 100% owned highway-accessible projects located in some of Canada’s most prolific mining jurisdictions. “Recent findings at the Kolos Copper-Gold Project defined a previously unknown trend to Cu-Au ± Mo mineralization with multiple potential undrilled porphyry centers... (continue reading...)


TechMediaBreaks – Zacks Raises EPS Estimates after DeFi Technologies Inc. (CBOE CA: DEFI) (OTCQB: DEFTF) Reports Strongest Quarter Ever, Sets $3.00 Per Share Valuation May 16, 2024 03:29PM

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a FinTech company establishing itself as the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and DeFi, recently announced its financial performance for the three months ended March 31, 2024.

Quarter-over-quarter highlights included its cash balance rising from C$6.7 million to C$9.4 million and assets under management growing by 78.7% to C$908 million.... (continue reading...)


MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Reports on Assay Results from Completed Feasibility Drilling Program May 16, 2024 03:11PM

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, owns 47.7% of McEwen Copper Inc., a well-funded, private company that owns 100% of the large, advanced-stage Los Azules copper project in Argentina. McEwen Copper today provided the assay results from the currently completed drill season at the Los Azules project. According to the company, initial interpretation of the assay results suggests that its... (continue reading...)


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