April 2018 - CannabisNewsWire

MondayApr 30, 2018 11:03 am

Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Set to Gain from Hemp Legalization Drive in U.S.

2018 Farm Bill promotes federal legalization of non-psychoactive industrial hemp in United States Majority of states already have legal pilot programs to analyze industrial hemp’s potential for boosting agriculture Global Hemp Group already testing revitalized cultivation of hemp in Canada, with interest in U.S. market While states continue to grapple with how they will approach medical and recreational marijuana controversies, as well as the federal government’s drug classification policy in the United States, a more cooperative camaraderie appears to be developing nationwide in regard to the growth of industrial hemp, the cannabis plant’s non-psychoactive breed. The U.S. Senate is debating…

FridayApr 27, 2018 1:46 pm

ChineseInvestors.com, Inc. (CIIX) Eyes Chinese Expansion with Establishment of Shanghai-Based Subsidiary

Announces expansion of cryptocurrency and blockchain education business into China Set to provide 24/7 coverage of the latest developments in global cryptocurrency and blockchain industry Launching Bitcoin Trading Academy to grow subscribers ChineseInvestors.com, Inc. (OTCQB: CIIX) recently announced its expansion into China through the establishment of NewCoins168.com Digital Media Technology Ltd., located in Shanghai (http://cnw.fm/B6Grt). This wholly owned foreign enterprise is registered in the China Free Trade Zone with capital of 10 million RMB ($1.58 million). This expansion strengthens the company’s vision of becoming the premier financial information website for Chinese-speaking investors. CIIX prides itself on being an innovative company providing…

FridayApr 27, 2018 1:08 pm

Earth Science Tech, Inc. (ETST) Plans to Battle Opioid Addiction with Human Clinical Trials in 2019

Centers for Disease Control and Prevention, in March 2018, estimated ‘economic burden’ of opioid misuse at $78.5 billion annually ETST plans to complete white paper, begin human clinical trials by 2019; company intends to investigate drugs that combine mineral element and cannabinoid industrial hemp oil Goal for biotech company is to fight opioid addiction with over-the-counter (OTC) treatment drug and a cannabinoid companion generic drug Earth Science Tech, Inc. (OTC: ETST) is planning to fight opioid addiction in the near future by completing its white paper and beginning human clinical trials in 2019. The epidemic is projected to claim nearly…

FridayApr 27, 2018 12:37 pm

EVIO, Inc. (EVIO) Revenues Projected to Reach $10 Million in FY2019 Following Debut of EVIO Canada Subsidiary

Research firm Singular Research projects growth for EVIO, analyzing company’s aggressive expansion and noting performance of legal cannabis industry as tailwind Newly launched Canadian subsidiary EVIO Canada signs binding agreement to acquire 50 percent of Edmonton, Alberta-based Keystone Labs, Inc. EVIO Labs provides testing and scientific research for the regulated cannabis industry EVIO, Inc. (OTCQB: EVIO) has launched a new wholly owned Canadian subsidiary, EVIO Canada, which concurrently signed a binding agreement to acquire 50 percent of Keystone Labs, Inc., a licensed testing facility for medical cannabis based in Edmonton, Alberta (http://cnw.fm/8ansW). Both the EVIO Labs division and Keystone Labs offer…

ThursdayApr 26, 2018 1:43 pm

Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Building Portfolio on Promise of Revitalized Hemp Industry

Canada on-track to legalize cannabis plant derivatives for all potential uses this year U.S. Senate set to debate update to 2014 Farm Bill using research showing hemp’s agricultural promise Global Hemp Group pioneering new commercial-scale cultivation of hemp in New Brunswick As pending legislation authorizing the cultivation of hemp without drug enforcement oversight opens the potential for U.S. federal government friendliness toward cannabis production, Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) is busy pledging its visionary portfolio to the market for consumer goods arising from the cannabis species’ non-psychoactive varieties. Global Hemp Group joined other players in…

ThursdayApr 26, 2018 10:59 am

Medical Cannabis Payment Solutions (REFG) Now Offers Online Bank Accounts, Taking Merchant Enrollments Online

Online bank accounts offered for state licensed medical marijuana establishments Green offers banking and financial processing system solutions to the cannabis industry The online signup of merchant clients has far exceeded expectations Medical Cannabis Payment Solutions (OTC: REFG) is set to offer bank accounts for state licensed medical marijuana establishments. By providing online banking, REFG enables cannabis providers to address the problem of limited to no bank support due to federal regulations. “Because of our end-to end payment system, our successful government relations program, our focus on regulatory compliance, we believe we offer the nation’s only truly compliant payment and…

WednesdayApr 25, 2018 9:00 am

Cannabis Industry Keeps Making Steps Forward

CannabisNewsWire Editorial Coverage: As legalization spreads, the cannabis industry is achieving a new level of maturity, with a wide range of products and support services. Global Payout, Inc. (OTC: GOHE) (GOHE Profile) is providing payment and consulting services for cannabis companies facing the unique challenges of their sector. Terra Tech Corp. (OTC: TRTC) has developed sustainable farming methods that lead to better yields and lower costs. Surna, Inc. (OTCQB: SRNA) specializes in providing components for growing facilities and advice on how to set them up. Meanwhile, Medical Marijuana, Inc. (OTC: MJNA) and GB Sciences, Inc. (OTCQB: GBLX) are both deploying…

TuesdayApr 24, 2018 12:21 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Begins Human Clinical Study of Its High Absorption TurboCBD Capsules

Study will measure the cardiovascular and cognitive health effects of patented DehydraTECH, its disruptive delivery technology Data generated will help company’s development of next-generation cannabinoid product formulations Chris Bunka, CEO, and John Docherty, president, to present at the ‘Next Generation Nicotine Delivery USA 2018’ conference in Atlanta on April 24 and 25 Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has started a human clinical study in Europe on the health effects of its high absorption TurboCBD™ capsules. LXRP, a drug delivery platform innovator, will be conducting the study to evaluate the cardiovascular and cognitive health effects of its patented DehydraTECH™…

TuesdayApr 24, 2018 9:00 am

Cannabis Industry Leads the Way in Payments Revolution

CannabisNewsWire Editorial Coverage: Financial services are undergoing a period of change as high-risk businesses, often excluded from conventional banking systems, search for alternative ways to process payments. Companies such as Global Payout, Inc. (OTC: GOHE) (GOHE Profile) are providing payment systems for high-risk ventures such as the cannabis industry, saving vendors from the need to operate exclusively on cash. SinglePoint, Inc. (OTCQB: SING) is also working in this sector, while bringing bitcoin payments into the mainstream. MassRoots, Inc. (OTCQB: MSRT) is moving from the cannabis sector into payment processing, adapting its expertise in cannabis tech solutions to provide financial services.…

MondayApr 23, 2018 11:52 am

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Scores Slam Dunk with Grow Facilities in Two Largest Cannabis Markets

North American medical marijuana market estimated at $9-10 billion Over one million square feet of cannabis greenhouse space planned Signed take or pay supply agreement with world’s largest pure play cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) seems destined for a future as bright as its name. According to a recent article, titled ‘Who will Dominate California -- the World’s Largest Cannabis Market?’ (http://cnw.fm/Lc8w7), "Sunniva’s once-in-a-lifetime opportunity to become one of California’s dominant cannabis companies cannot be over-emphasized." The vertically integrated medical cannabis producer is constructing purpose built, large-scale current good manufacturing practices (cGMP) compliant greenhouse facilities in North…

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Month: April 2018