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Morgan Properties Invites Community to Second Company-Wide Event in Partnership with Alex’s Lemonade Stand Foundation

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Morgan Properties to host lemonade stands at 167 apartment
communities on May 14 to raise money for childhood cancer research

KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–Morgan
Properties
, the nation’s 19th largest apartment owner and operator,
announced today it will host lemonade stands to support Alex’s
Lemonade Stand Foundation
(ALSF) on May 14 from 11 a.m. to 4 p.m. at
each of its 167 apartment communities nationwide. This will be Morgan
Properties’ second consecutive year partnering with the foundation to
raise money for childhood cancer research through its Caring.
Sharing. Giving
charitable initiative. In addition to all funds
raised at the individual stands, Morgan Properties will contribute a
corporate donation to further support ALSF’s efforts. Last year, Morgan
Properties raised $18,314 across its apartment communities for ALSF and
hopes to exceed that number this year.

Three of Morgan Properties’ apartment communities including its
corporate headquarters will be joined by local radio stations
broadcasting live on-site and offering exciting giveaways such as
concert tickets to attendees. Jared of WIOQ 102.1 (Q102
Philly
) will be at Kingswood
Apartments & Townhomes
in King of Prussia, PA; Chris and the
Crew of WPST 94.5 FM (94.5FM)
will be at Roberts
Mill Apartments & Townhomes
in Maple Shade, NJ; and DJ
Quicksilva of WERQ 92.3 (92Q
Jams FM
) will be at Chesapeake
Glen Apartment Homes
in Glen Burnie, MD. Additional special guest
appearances include Poe
of the Baltimore Ravens
at Chesapeake Glen and Monty
the Fox of the King of Prussia District
at Kingswood, who will also
bring the cooper car. Comcast will also be on-site at Kingswood offering
prize giveaways.

“At Morgan Properties, giving back is a trait that is deeply rooted
within our company culture,” said Jason Morgan, Principal at Morgan
Properties. “As a family-run business, we are committed to touching the
lives of the many residents and employees we call family and supporting
organizations in the communities where we operate. We’re thrilled to
partner yet again with an inspiring organization like Alex’s Lemonade
Stand Foundation to raise money for childhood cancer research and look
forward to seeing residents and community members in attendance at each
of the events.”

Local ALSF Heroes will be in attendance at Kingswood, Roberts Mill, and
Chesapeake Glen to share their cancer survivor stories.

“At Alex’s Lemonade Stand Foundation (ALSF), we are incredibly grateful
for the spirit and hard work of dedicated partners like Morgan
Properties who volunteer to host lemonade stands that help us get closer
to a cure for childhood cancer,” said Liz Scott, Alex’s mom and
Co-Executive Director of ALSF. “We truly appreciate companies like
Morgan Properties that care about children with cancer, they make the
difference in the fight for so many families.”

Morgan Properties’ participating apartment communities are located in 11
states: Pennsylvania, Maryland, New Jersey, Tennessee, New York,
Delaware, Virginia, North Carolina, South Carolina, Ohio, and Nebraska.
To find a lemonade stand near you, visit www.morgan-properties.com/our-communities.
A rain date is scheduled for May 15.

About Morgan Properties

Established in 1985 by Mitchell Morgan, Morgan Properties is a national
real estate investment and management company headquartered in King of
Prussia, Pennsylvania. Morgan Properties and its affiliate, Morgan
Properties JV own and manage a multifamily portfolio comprised of 167
apartment communities and over 50,000 units located in 11 states,
primarily in the Mid-Atlantic and Northeast Region. Morgan Properties is
currently the 19th largest apartment owner in the country. The Company
prides itself on its quick decision-making ability, strong capital
relationships and operational expertise. Learn more at www.morganproperties.com.

About Alex’s Lemonade Stand Foundation

Alex’s Lemonade Stand Foundation (ALSF) emerged from the front yard
lemonade stand of 4-year-old Alexandra “Alex” Scott, who was fighting
cancer and wanted to raise money to find cures for all children with
cancer. Her spirit and determination inspired others to support her
cause, and when she passed away at the age of 8, she had raised $1
million. Since then, the Foundation bearing her name has evolved into a
national fundraising movement. Today, ALSF is one of the leading funders
of pediatric cancer research in the U.S. and Canada raising more than
$150 million so far, funding nearly 1,000 research projects and
providing programs to families affected by childhood cancer. For more
information, visit AlexsLemonade.org.

Contacts

Press Contact:
Britni Coe
[email protected]
610-228-2097

Company Contact:
Tracy E. Fauntleroy
[email protected]
610-945-1531


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Innocan

Innocan Pharma Announces Study Findings that LPT-CBD maintains its prolonged release in Rabbits

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innocan-pharma-announces-study-findings-that-lpt-cbd-maintains-its-prolonged-release-in-rabbits

HERZLIYA, Israel and CALGARY, AB, Feb. 26, 2024 /PRNewswire/ — Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) (“Innocan” or the “Company”), a pioneer in the pharmaceutical and biotechnology industries, is pleased to announce the latest findings from the Company’s pharmacokinetic study of its LPT-CBD platform in rabbits.

The fundamentals of LPT-CBD lay in its ability to slowly release CBD into the blood stream. Studies conducted in various animal models including mice, dogs, goats, and sheep showed long pharmacokinetics of CBD that persisted up to several weeks. In the Company’s latest study conducted on rabbits, the results showed additional supportive data for the long exposure of CBD obtained following a single subcutaneous LPT-CBD injection.   

The Company is encouraged by these study results as they confirm the approach the Company is taking with its LPT platform. The results from studies of several organisms injected with the Company’s liposomal CBD –have consistently demonstrated that a detectable CBD level could be maintained for weeks following one injection. The Company will continue with human trials in the near future.

Pharmacokinetics (PK) is an important tool that helps evaluate the bioavailability and exposure level of a specific drug. Parameters such as maximal blood drug concentration (cMax), time to reach cMax (Tmax) and half-life of the drug are calculated based on data collected from blood analysis of the drug across a determined time. The collected PK parameters along with other tests help to define the required dose of a drug to achieve a maximal therapeutic effect. In the study conducted on rabbits, the animals were collected for blood analysis of the drug for up to 11 days. As expected, the animals presented a persistent CBD concentration in their blood that maintained through the entire testing period. This correlates to PK results obtained from other species, supporting the long CBD exposure and the necessity of only a single LPT-CBD injection to obtain a long and wide therapeutic window for CBD.   

About Innocan Pharma:

Innocan is a pharmaceutical tech company that operates under two main segments: Pharmaceuticals and Consumer Wellness. In the Pharmaceuticals segment, Innocan focuses on developing innovative drug delivery platform technologies comprises with cannabinoids science, to treat various conditions to improve patients’ quality of life. This segment involves two drug delivery technologies: (i) LPT CBD-loaded liposome platform facilitating exact dosing and the prolonged and controlled release of CBD into the blood stream. The LPT delivery platform research is in the preclinical trial phase for two indications: Epilepsy and Pain Management. In the Consumer Wellness segment, Innocan develops and markets a wide portfolio of innovative and high-performance self-care products to promote a healthier lifestyle. Under this segment Innocan has established a Joint Venture by the name of BI Sky Global Ltd. that focuses developing on advanced targeted online sales. https://innocanpharma.com/

Contact Information:

For Innocan Pharma Corporation:
Iris Bincovich, CEO
+1 5162104025
+972-54-3012842
+442037699377
info@innocanpharma.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Caution Regarding Forward-Looking Information

Certain information set forth in this news release, including, without limitation, the Company’s plans for human trials of its LPT-CBD platform, is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Innocan’s control. . The forward-looking information contained in this news release is based on certain key expectations and assumptions made by Innocan, including expectations and assumptions concerning the anticipated benefits of the products, satisfaction of regulatory requirements in various jurisdictions and satisfactory completion of production and distribution arrangements.

Forward-looking information is subject to various risks and uncertainties that could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include but are not limited to: global and local (national) economic, political, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; and potential disruption of relationships with suppliers, manufacturers, customers, business partners and competitors. There are also risks that are inherent in the nature of product distribution, including import/export matters and the failure to obtain any required regulatory and other approvals (or to do so in a timely manner). The anticipated timeline for entry to markets may change for a number of reasons, including the inability to secure necessary regulatory requirements, or the need for additional time to conclude and/or satisfy the manufacturing and distribution arrangements. As a result of the foregoing, readers should not place undue reliance on the forward-looking information contained in this news release. A comprehensive discussion of other risks that impact Innocan can be found in Innocan’s public reports and filings which are available under Innocan’s profile at www.sedarplus.ca.

Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Innocan does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law.

Logo: https://mma.prnewswire.com/media/2046271/3968398/Innocan_Pharma_Corporation_Logo.jpg

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SCHWAZZE

Schwazze Appoints Forrest Hoffmaster as Interim Chief Executive Officer

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schwazze-appoints-forrest-hoffmaster-as-interim-chief-executive-officer

DENVER, Feb. 23, 2024 /PRNewswire/ — Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) (“Schwazze” or the “Company”), today announced that Forrest Hoffmaster, the Company’s Chief Financial Officer, has been appointed to the additional role of interim Chief Executive Officer (“CEO”). This follows Nirup Krishnamurthy’s resignation as CEO and as a member of the Board of Directors (“Board”), effective February 20, 2024, due to personal reasons.

Mr. Hoffmaster, who joined the Company in January 2023, brings over 30 years of executive experience in finance and operations for both public and private companies. Prior to Schwazze, Mr. Hoffmaster served as CEO of New Seasons Market, a specialty gourmet food retailer, where he navigated the company through one of the most disruptive periods in the retail grocery industry. Under his leadership, Mr. Hoffmaster implemented a focused growth and cost optimization program, enabling the company to grow EBITDA by over 30% in two years. Prior to New Seasons Market, Forrest held leadership positions with other leading grocers including Whole Foods Market and H-E-B.

“Forrest is well-positioned to seamlessly step in and lead the Company’s day-to-day operations as we conduct our search for a permanent successor,” said Justin Dye, Chairman of the Board. “With Forrest’s proven track record and deep retail expertise, we plan to continue leveraging our operating playbook to drive strong Adjusted EBITDA margins and consistent cash flow generation. On behalf of the Board, I’d like to wish Nirup the best in his future endeavors.”

About Schwazze

Schwazze (OTCQX: SHWZ) (NEO: SHWZ) is building a premier vertically integrated regional cannabis company with assets in Colorado and New Mexico and will continue to take its operating system to other states where it can develop a differentiated regional leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale.

Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. The Company’s leadership team has deep expertise in retailing, wholesaling, and building consumer brands at Fortune 500 companies as well as in the cannabis sector.

Medicine Man Technologies, Inc. was Schwazze’s former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc. Schwazze derives its name from the pruning technique of a cannabis plant to enhance plant structure and promote healthy growth. To learn more about Schwazze, visit https://schwazze.com/.

Forward-Looking Statements

This press release contains “forward-looking statements.” Such statements may be preceded by the words “may,” “will,” “could,” “would,” “should,” “expect,” “intends,” “plans,” “strategy,” “prospects,” “anticipate,” “believe,” “approximately,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other words of similar meaning in connection with a discussion of future events or future operating or financial performance, although the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are not guarantees of future events or performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified. Consequently, actual events and results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) regulatory limitations on our products and services and the uncertainty in the application of federal, state, and local laws to our business, and any changes in such laws; (ii) our ability to manufacture our products and product candidates on a commercial scale on our own or in collaboration with third parties; (iii) our ability to identify, consummate, and integrate anticipated acquisitions; (iv) general industry and economic conditions; (v) our ability to access adequate capital upon terms and conditions that are acceptable to us; (vi) our ability to pay interest and principal on outstanding debt when due; (vii) volatility in credit and market conditions; (viii) the loss of one or more key executives or other key employees; and (ix) other risks and uncertainties related to the cannabis market and our business strategy. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise except as required by law.

Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Elevate IR
(720) 330-2829
[email protected] 

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Cannabis

Hemp, Inc. Reports: Hemp-Based Foods Market Set to Reach $8.36 Billion by 2028

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GrassNews.net: Your premier portal for the latest developments in the cannabis industry. We provide timely news, insightful analysis, and in-depth features on everything from legislation changes and business trends, to scientific research and lifestyle topics. Stay informed and navigate the rapidly evolving cannabis landscape with GrassNews.net..

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