May 2018 - Page 4 of 5 - CannabisNewsWire

FridayMay 11, 2018 12:54 pm

EVIO Inc. (EVIO) Taps into Canadian Cannabis Testing Market Ahead of Full Legalization

Global cannabis testing industry expected to reach $1.42 billion by 2021 Leading provider of cannabis testing and scientific research for the regulated cannabis industry operating in North America EVIO on track to double number of testing labs from nine to 18 in 2018, with 11 currently operating facilities Canadian subsidiary EVIO Canada finalizes 50 percent acquisition of Keystone Labs, Inc., a Health Canada-licensed medical cannabis testing facility EVIO Inc. (OTCQB: EVIO) reached a significant milestone in its expansion plans in early May when its new subsidiary, EVIO Canada, announced its acquisition of a 50 percent stake in Keystone Labs, Inc.,…

FridayMay 11, 2018 12:17 pm

ChineseInvestors.com, Inc. (CIIX) Enters Letter of Intent to Acquire XBTeller.com Assets

ChineseInvestors.com provides real-time, online financial information in the Chinese language It is also capitalizing on the increasing demand for cryptocurrency-related products The company has entered into a letter of intent to acquire the assets of XBTeller.com ChineseInvestors.com, Inc. (OTCQB: CIIX) is a fintech company with a first-class financial information website for Chinese-speaking investors. The company provides online financial information in the Chinese language for the Chinese population in the U.S. and globally. Established in 1999, ChineseInvestors.com is headquartered in San Gabriel, California. ChineseInvestors.com’s focus is on providing real-time market commentary, analysis and education-related services in Chinese language character sets, including both traditional…

WednesdayMay 09, 2018 1:24 pm

Creating a Winning Cannabis Business Licensing Application Strategy

Cannabis legalization is happening at lightning speed, and multiple states are currently, or soon will be, accepting applications. Most of these states have merit-based application and lotteries, as the number of licenses are limited with numerous applicants. Many of these applications are well-funded by investors, or have partnered up with existing cannabis businesses, or are existing cannabis businesses expanding into other states. This makes the licensing process very competitive, expensive, and time consuming. Also, many license application fees are non-refundable, meaning that developing a winning strategy from the beginning is critical. It can be a very stressful process, but there…

WednesdayMay 09, 2018 11:34 am

Medical Cannabis Payment Solutions (REFG) Offering Convenience and Safety

Transforming a previously cash-only industry with viable cannabis-focused banking solutions Convenient online signup plus important industry-unique options for online bank accounts Providing merchants of all sizes with a range of free services Medical Cannabis Payment Solutions (OTC: REFG) is serving the state-licensed cannabis industry with its comprehensive card processing operation. Merchants can sign up directly on the www.Take.Green website for viable cannabis-focused banking solutions. Customers and patients can link directly to a checking account at any U.S. bank and have the option to pay with electronic funds or cryptocurrency. In addition, Green provides vendors with virtual banking, fund management, sales…

WednesdayMay 09, 2018 10:34 am

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Selects and Breaks Ground on Okanagan Falls Site for Canadian Cannabis Facility

126-acre property purchased for $7 million for construction of Sunniva’s Canadian facility Grading work has started on the site, and development applications have been submitted Sunniva is one of the largest cannabis producers operating in Canada and California Sunniva California Campus in Cathedral City expected to be operational in late Q3 2018 On May 3, 2018, Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) announced that it had selected a 126-acre site in Okanagan Falls, British Columbia, for the construction of its Sunniva Canada Campus and had broken ground. The industrial zoned property was acquired by the company’s wholly owned subsidiary, Sunniva…

TuesdayMay 08, 2018 1:57 pm

Marijuana Company of America, Inc. (MCOA) Completes Set-up of Greenhouse Facility in Washington State

First construction phase, representing 23 percent of site capacity, completed Completion of entire greenhouse cultivation facility anticipated in Q3 2018 MCOA focused on the development of its hempSMART™ CBD-infused product range On April 18, 2018, Marijuana Company of America, Inc. (OTC: MCOA), an established hemp company, announced that its joint venture project with Bougainville Ventures, Inc., BV-MCOA Management, LLC, completed construction of three greenhouses covering a total area of 7,000 square feet. This first phase of construction represents a 23 percent completion of the total capacity of BV-MCOA’s 30,000 square foot facility in Okanogan County, Washington (http://cnw.fm/PaZw4). MCOA concluded its joint…

TuesdayMay 08, 2018 12:43 pm

Top Traits of Successful Cannabis Entrepreneurs

It’s here, the next boon economy for the United States - cannabis. Whether it’s for medical, nutritional, recreational, agricultural or industrial purposes, cannabis is being legalized rapidly in the United States and across the globe. The first domino has fallen, and now everyone is rushing to participate in, or stop, the next inevitable chain of events: the emergence of an industry that has been prohibited for almost 80 years. I am going to assume the inevitable. The inevitable will be achieved by successful cannabis businesses ran by entrepreneurs that have critical skill-sets and traits to take businesses, and the industry, to the next level.…

MondayMay 07, 2018 2:13 pm

ChineseInvestors.com’s (CIIX) NewCoins168.com Key to Global Leadership on Cryptocurrency Education, Blockchain Technology News

CIIX will offer Bitcoin Trading Academy LLC courses on the website to educate its global Chinese-speaking audience on investing in and buying virtual currency NewCoins168.com Digital Media Technology Ltd. is a Shanghai-based, wholly owned foreign enterprise of CIIX designed to expand company’s education programs into China CIIX initiates VIP Service on the site at pre-sale price of $888 annually ChineseInvestors.com, Inc. (OTCQB: CIIX) is increasingly focused on bolstering its leadership role for its global Chinese-speaking audience as producer and educator about global news regarding bitcoin, cryptocurrency, and blockchain technology through its website, NewCoins168.com. It has also launched a paid VIP…

MondayMay 07, 2018 12:34 pm

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Reports 2017 Financial Results Amid Corporate Medical Cannabis Production Successes

Company selected and broke ground on a 126-acre site in Okanagan Falls, British Columbia, to build its planned 700,000 square foot Sunniva Canada Campus Company commences extraction production, expected to produce 500 pounds per day of bio mass at California facility 489,000-square-foot California facilities to complement its planned 700,000-square-foot facilities in Canada Canadian product outlets include supply agreement with Canopy Growth Corp. and patients at acquired Canadian medical cannabis clinics Rising medical cannabis products and services provider Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) issued a report on April 30 detailing its financial results from fiscal year 2017 (http://cnw.fm/t48SZ). This update…

MondayMay 07, 2018 12:13 pm

TransCanna Set to Get Marijuana Moving Across California ‘Pot Desert’ Landscape

Cannabis industry expected to generate over $20 billion in nationwide revenue by 2020 About 14 percent of California cities permit cannabis stores; secure distribution could extend accessibility TransCanna establishing distribution hub, connecting growers to manufacturers and clients The legalization of recreational marijuana use in California has blown open the market potential of a drug industry that continues to enjoy a love-hate tentativeness nationwide, but being at the forefront of an industry’s acceptance also puts the state in a position of having to solve many of the infrastructure problems that the market needs to overcome if it is going to thrive.…