April 2017 - CannabisNewsWire

FridayApr 28, 2017 9:21 am

SinglePoint, Inc. (SING) is Poised for the Marijuana Tipping Point, Explains CEO in Recent Podcast

After ballots on November 8, 2016, seven more states, including California and Florida, will now permit the use of marijuana for either medical or recreational use. Currently, 29 states and the District of Columbia have passed initiatives or laws legalizing medical marijuana or regulating its adult use like alcohol or tobacco. Yet cannabis remains illegal under federal law, and banks are reluctant to open accounts for marijuana shops and dispensaries, leading to a variety of unfortunate results. It seems obvious that the current disharmony between state and federal law is not maintainable, and a tipping point when financial institutions open…

ThursdayApr 27, 2017 3:15 pm

SinglePoint, Inc. (SING) Finds Growth Potential Outside of Mobile Payments Market

Being a publicly traded holding company gives SinglePoint, Inc. (OTC: SING) a chance to target candidate companies and help them grow. Such has been the case on the mobile technology and mobile marketing fronts. By connecting client companies to their best target markets, mobile technology can be made available at reasonable rates, but an interest in these organizations means profit potential for SinglePoint. However, the company hasn’t limited its investment opportunities. The cannabis industry is thriving as legalization (medical and/or recreational) has occurred in 29 states and counting. Expansion beyond mobile payments has enabled the company to find more opportunities…

WednesdayApr 26, 2017 3:48 pm

ChineseInvestors.com, Inc. (CIIX) Raises Funds through a Private Placement, Sales of Equities, and Preferred Stock Offerings

ChineseInvestors.com, Inc. (OTCQB: CIIX) is raising funds in a series of offerings, equity sales and a private placement to meet its liquidity needs, even as it reported a 95% gain in its year-over-year operating revenues for the three months ended February 28, 2017. It has begun a private placement of a new series of its preferred stock to its Canadian investors. In 2016, it realized $2.3 million in proceeds from its stock sales of Medicine Man Technologies, Inc. ChineseInvestors.com is a company which, in real-time in the Chinese language, provides analysis and educational services. It also offers consulting and advertising…

MondayApr 24, 2017 2:04 pm

India Globalization Capital, Inc. (NYSE: IGC) is a First Mover in Cannabinoid Combination Therapies

The success of the Walkman back in the 1980s is testament to the power of getting to market first. By some accounts, Sony sold over 200 million units of its innovative portable cassette player (http://nnw.fm/H6spU). Now, India Globalization Capital, Inc. (NYSE MKT: IGC) is taking a leaf from the Sony playbook. This pioneering company is a ‘first mover’ in the cannabinoid combination therapy space. IGC is developing a portfolio of products that use cannabinoids in conjunction with existing drugs to tackle chronic pain and a variety of other debilitating medical conditions. Chronic pain from a range of ailments plagues millions…

FridayApr 21, 2017 1:21 pm

Epilepsy Patients are the New Focus of ChineseInvestors.com, Inc.’s (CIIX) CBD Health Products

In China, there are close to 10 million epilepsy patients, the Chinese Overseas Medical Advisory Service Center estimates. There is no cure in the country, although risky surgery is sometimes performed in the U.S., where there are over three million people living with epilepsy. Many patients rely on Chinese herbs for temporary control. However, ChineseInvestors.com’s (OTCQB: CIIX) current development plan includes making cannabidiol (CBD) products available online for people with epilepsy and Alzheimer’s disease. Its online store (ChineseCBDoil.com) and Yelp-style mobile application are helping to serve Chinese-speaking consumers around the world, and investors as well, with a reach into the…

WednesdayApr 19, 2017 9:00 am

After Ten Thousand Years and Countless Uses, Cannabis Still Has a Bright Future

CannabisNewsWire Editorial Coverage: When George Washington cultivated cannabis at his estate in Mt. Vernon, he was continuing a tradition that dates back 10,000 years. There are indications that cannabis sativa, grown as hemp, was farmed for its fiber content in Neolithic times. Since then, numerous uses have been discovered. As hemp, the plant has furnished a variety of commercial and industrial products. Hemp seeds are also edible, as they are high in protein and are a rich source of vitamins, minerals and dietary fiber. And with 483 distinct chemical compounds, 66 of which are cannabinoids, the uses to which cannabis…

TuesdayApr 18, 2017 11:19 am

SinglePoint, Inc. (SING) Maximizes Upside Potential and Limits Downside Risk

Owning shares of a holding company often times can provide unique opportunities to profit from non-traditional markets with great upside potential. SinglePoint, Inc. (OTC: SING), a publicly traded holding company, offers just such non-traditional upside opportunity with its foray into the burgeoning cannabis market. Traditionally, SinglePoint has focused on mobile technology and mobile marketing by offering client-based solutions for business transactions, donations and targeted communications. The company connects client companies to target markets by providing innovative mobile technology at reasonable rates. However, SinglePoint recognized the strength and profit potential in acquiring interest in undervalued, high-growth entities in disparate markets to…

ThursdayApr 13, 2017 3:26 pm

India Globalization Capital, Inc. (NYSE: IGC) Plans to Develop Cannabinoid Extract Therapies for Cats and Dogs

India Globalization Capital, Inc. (NYSE MKT: IGC) intends to become a “first-mover” in developing cannabis-based combination therapies for large market conditions such as pain, eating disorders, refractory epilepsy, and seizures. In addition, IGC has filed two patents, IGC-502 and IGC-505, for combination therapies for the treatment of seizures in dogs and cats, which in it itself is a surprisingly large market. It is believed that abnormal brain activity is the cause of most seizures in dogs and cats. These seizures can be either violent or subtle. Some seizures may occur just once, but others can be repeated and require treatment…

WednesdayApr 12, 2017 2:47 pm

ChineseInvestors.com, Inc. (CIIX) Eyes Germany’s Growing Medical Hemp Market

ChineseInvestors.com, Inc. (OTCQB: CIIX) attended the ‘Invest 2017’ exhibition in Stuttgart, Germany, on April 7-8, 2017, anticipating that the conference would be an opportunity for CIIX to introduce its hemp companies and products to German investors, but CIIX is not alone in seeing the growth opportunities for medical cannabis in that market. CIIX operates a website for Chinese-speaking investors. It has also opened, in the Shanghai Free Trade Area, a store that distributes CBD health oil products to the global Chinese-speaking population. Germany permits the use of medical marijuana, and it recently further loosened its regulations. Earlier this year, the…

WednesdayApr 12, 2017 8:30 am

Marijuana Industry Growth Fueled by Investments and Public Support for Legalization

The number of states in which the medical and recreational use of marijuana is legal continues to grow. Medical marijuana is now permitted in 28 states and Washington D.C. Last year, the North American legal marijuana industry grew to $6.7 billion, a 34 percent increase in just one year, according to Arcview Market Research. With the black market included, sales topped $56 billion. Public support is increasing as well – 57 percent of Americans supported the legalization of marijuana in 2016, up from 52 percent in 2014 (1). With the market expanding and public support increasing, there are more opportunities…

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Month: April 2017