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3 Ways to Incorporate CBD Into Your Spring Wellness Plan

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Canada’s cannabis market has grown significantly since it first became legal in 2018 — when the federal government legalized the plant for recreational use. Since that time, the market has developed into a variety of avenues. From edibles to beverages and beyond, the number of legal products available continues to grow.

As spring weather takes over from the cold winter months, there is an opportunity for novice and experienced CBD users to incorporate this newly legal plant into their diets and wellness routines. Let’s take a look at three popular ways to incorporate CBD into your spring diet.

1.   Food & Drink

The food and beverages we consume have a significant impact on our overall health and wellness. The incorporation of edibles is one of the fastest-growing avenues of legal CBD production in Canada. Consumers are gravitating towards the discretionary and efficiency functions of edibles.

As more licenced businesses begin to set up shop across the country, the variety of products available shows genuine promise — whether it’s with gummies or a sweet chamomile herbal tea, this is where Canada’s entrepreneurs are shining.

The CBD properties in edibles are becoming a go-to for many consumers looking to regulate their appetites, improve muscle function, and treat mood irregularities. Incorporating CBD into your spring diet may be a gradual process, particularly if you’re new to the experience. The easiest way to experiment is with the smallest dosage recommended and gauge your body’s reaction — as time goes on, you may be able to incorporate a higher dosage into your food or drink.

2.   Improving Sleep

Developing a healthy sleep pattern is a crucial part of your mental and physical health. The conversation around CBD and improved sleep is ongoing, though it shows promise. Since CBD is a non-psychoactive compound of the cannabis plant, it could offer therapeutic benefits without the attached high that comes with the same plant’s THC compounds.

Oils are one of the most popular ways to incorporate CBD into a sleeping ritual — consumers can choose to add the oil directly to their skin or add a few droplets to their diffusers while they sleep. The way the CBD compound reacts to the body’s serotonin receptors and the brain’s receptors is continuously studied. Consumers can use the available research and reports to decide whether adding CBD to their nighttime routine is the right choice for their lifestyle.

3.   Fitness Routine

Incorporating CBD has been a growing fundamental practice for anyone looking to improve their physical fitness. We know CBD is one of the many chemical compounds found in cannabinoids. Still, Cannabinoids actually exist in our bodies via our endocannabinoid system — which is known to regulate various functions in our body from appetite and mood to sleep and memory.

For those looking to add a therapeutic remedy to their active lifestyle, topical CBD products could be the answer. Massage oil or body cream has the potential to improve circulation, reduce muscle tension, and aid in the recovery of soft tissue injuries.

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Colonial Pipeline hackers stole data on Thursday

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The hackers who caused Colonial Pipeline to shut down on Friday began their cyberattack against the top U.S. fuel pipeline operator a day earlier and stole a large amount of data, Bloomberg News reported citing people familiar with the matter.

The attackers are part of a cybercrime group called DarkSide and took nearly 100 gigabytes of data out of Colonial’s network in just two hours on Thursday, Bloomberg reported late Saturday, citing two people involved in the company’s investigation.

Colonial did not immediately reply to an email from Reuters seeking comment outside usual U.S. business hours.

Colonial Pipeline shut its entire network, the source of nearly half of the U.S. East Coast’s fuel supply, after a cyber attack that involved ransomware.

 

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Himani Sarkar)

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TC Energy posts C$1 billion quarterly loss on Keystone XL suspension

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By Nia Williams and Shariq Khan

CALGARY, Alberta (Reuters) -TC Energy Corp swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charges related to the suspension of its Keystone XL project, the Canadian pipeline operator said on Friday.

The KXL pipeline was planned to carry 830,000 barrels per day of heavy crude across the border from Alberta to Nebraska, but U.S. President Joe Biden revoked a key permit for the project on his first day in office.

TC Energy said the impairment charge was related to halting work on KXL and a reassessment of related projects like the Heartland Pipeline.

“We were very disappointed with the decision in January to revoke the presidential permit,” Chief Executive Francois Poirier said on an earnings call, adding the company was “opportunity-rich” in other parts of its business.

Calgary-based TC Energy owns the largest network of natural gas pipelines in North America as well as the existing Keystone oil pipeline and power and storage assets.

The company posted a C$2.51 billion loss from its oil pipelines, of which Keystone is the biggest contributor, compared with a C$411 million profit in the same period last year.

It reported net loss attributable to shareholders of C$1.1 billion, or C$1.11 per share, in the three months ended March 31 compared with a profit of C$1.1 billion a year earlier.

Excluding items, the company earned C$1.16 per share, slightly better than analysts’ average estimate of C$1.10, according to Refinitiv IBES data.

TC Energy shares closed up 0.2% on the Toronto Stock Exchange at C$61.94.

($1 = 1.2176 Canadian dollars)

(Reporting by Shariq Khan in Bengaluru and Nia Williams in Calgary; Editing by Arun Koyyur and Marguerita Choy)

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Lion Electric says it will build new plant in Illinois, create 750 jobs

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By Tina Bellon

(Reuters) – Canadian electric vehicle company Lion Electric on Friday said it had selected Illinois as the location for its new U.S. manufacturing plant, promising to invest at least $70 million and create about 750 jobs over the next three years.

Lion, known for its electric yellow school buses, said it will build the 900,000 square foot facility in Joliet near Chicago to produce 20,000 electric buses and medium and heavy-duty trucks per year.

The company said it expected the facility to come online in the second half of 2022. Lion Chief Executive Marc Bedard said in an interview that while the Illinois factory would focus on vehicle manufacturing initially, the company might later add battery production. Lion is building a battery production facility in Canada.

Bedard said Lion is expanding in the United States when there is growing demand among school districts and companies to switch to electric transportation. Nearly 400 of the company’s electric school buses are on the road and Amazon.com Inc has said it will buy up to 2,500 trucks from Lion by 2025.

Lion’s expansion also coincides with a favorable regulatory environment under U.S. President Joe Biden, who has pushed for providing generous subsidies to the EV industry.

“We’re looking for regulatory tailwinds that will be favorable to electric,” Bedard said of his decision to build the factory in Illinois. State-funded tax credits for the plant were being negotiated, Lion said.

Lion on Friday also is expected to start trading publicly on the New York and Toronto stock exchanges following a merger with special purpose acquisition company Northern Genesis Acquisition Corp in November.

The deal was valued at $1.9 billion and Lion received nearly $500 million in net cash proceeds, the majority of which it said it plans to invest in battery technology and the new U.S. plant.

 

(This story corrects to show that investment and job creation is over a three year, not two year period in first paragraph)

 

(Reporting by Tina Bellon in Austin, Texas; editing by Grant McCool)

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