September 2018 - CannabisNewsWire

FridaySep 28, 2018 4:20 pm

420 with CNW – South African Court Declares Personal Use of Cannabis Legal

The constitutional court of the Republic of South Africa made a pivotal ruling last week making it legal for adults to grow, possess and consume cannabis in private. This case reached the constitutional court after a regional court in Western Province (the province in which the Federal capital of the country is found) ruled that the law banning the use of dagga (the local term for marijuana) by adults in private was unconstitutional. The government appealed that decision before the highest court on the matter, and Deputy Chief Justice Zondo delivered the binding ruling in favor of the decriminalization of…

FridaySep 28, 2018 11:10 am

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Advancing with ‘Functional’ Cannabis-Infused Beverages

Functional beverage market estimated at $14 billion worldwide currently; CBD hemp extract market expected to hit $22 billion by 2022 Phivida Holdings’ recent announcement of new Oki brand heralds introduction of full spectrum hemp extract-infused iced teas, flavored waters Company also has joint venture with WeedMD Inc. to produce cannabis-infused beverages under Cannabis Beverages, Inc. label The concept that beverages may serve a “functional” purpose has developed within the health and wellness industry as cannabis producers examine ever-expanding options for putting the plant’s properties to use. Hemp-cultivated cannabinoid innovator Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is pursuing the beneficial…

FridaySep 28, 2018 4:20 am

420 with CNW – Michigan Legislators Set to Approve Medical Cannabis Home Delivery

The Board of Medical Marihuana Regulation in Michigan is considering allowing provisioning centers (medical marijuana dispensaries) to make home deliveries of medical cannabis to patients who request that service. A public hearing on the matter was conducted on September 17 to gather views that may form part of the permanent marijuana regulations for the state. Michigan has been operating under emergency rules since the start of the year. The permanent rules will replace those emergency rules. In the proposed law, provisioning centers will be allowed to deliver cannabis to the registered home address of a maximum of three medical cannabis…

ThursdaySep 27, 2018 4:20 pm

420 with CNW – Colorado Data Shows Drop in Workplace Fatalities After Medical Marijuana Legalization

Researchers from three universities (Montana State University, American University in Washington D.C. and Colorado State University) have analyzed workplace fatality data spanning from 1992 to 2015 and discovered that there were fewer fatal accidents at work once medical cannabis was legalized. The research will be published in October in the International Journal of Drug Policy. The findings seem to be unexpected given that it has always been known that cannabis use compromises cognition and psychomotor activity, so fatal accidents would increase rather than decrease once medical cannabis use was permitted by law. However, the data speaks for itself. A 19.5%…

ThursdaySep 27, 2018 10:32 am

Could NUGL Inc. (NUGL) Become the Google of Cannabis?

Search engine features focused on cannabis commerce “Business media” platform that makes networking easier One-stop shop for both consumers and commercial operators There’s a good chance that, very soon, someone who wants information on cannabis commerce will “NUG-L” with an application developed by NUGL Inc. (OTC: NUGL), in much the same way that they “Google” a topic. The tech company, located in Chino Hills, California, is aiming to become a leader in fostering communication and business relations in the cannabis space. To do so, it has developed a distinct platform that is part Google, part LinkedIn, which will allows users…

ThursdaySep 27, 2018 10:13 am

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) to Raise C$20 Million through Unit Sale

A syndicate of underwriters is to purchase 3.8 million units at C$5.27 per unit Sale terms are an amendment of previously announced agreement to sell 1.9 million units Sunniva is closer to achieving full vertical integration in California with launch of Sunniva-branded product lines commencing in Q4 2018 Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically-integrated medical cannabis provider, aims to raise C$20 million through the sale of units of the company to a syndicate of underwriters spearheaded by Beacon Securities Limited and Canaccord Genuity Corp., according to a company press release (http://cnw.fm/ZMw2T). Sunniva announced that the syndicate will purchase 3.8…

ThursdaySep 27, 2018 4:20 am

420 with CNW – Nearly 1 in 11 Teens Vapes Marijuana

A recent study which was published in the Journal of American Medical Association (JAMA) Pediatrics Edition has revealed that almost one in 11 American teenagers uses an electronic cigarette to consume cannabis. The findings stem from a survey which was conducted in 2016. Over 2,000 middle and high school teens participated in the study. That proportion of kids who vape marijuana translates to approximately two million teens across the U.S. A similar study conducted by the University of Michigan had similar findings more than a month ago. The CDC survey found that more boys than girls were likely to consume…

WednesdaySep 26, 2018 4:20 pm

420 with CNW – EU Parliament Drafts Medical Marijuana Law

Currently, each EU member country is responsible for formulating and implementing its own cannabis laws as it sees fit. This has created a lot of contradictions and inconsistencies between the laws of the member states. This situation is bound to change in the event that the draft law that is being worked on by the health committee passes through all the stages and is endorsed by the EU council of ministers. A public hearing is planned for October 1 to discuss the feasibility of that proposal. One of the key aims of the draft law is to state how medical…

WednesdaySep 26, 2018 11:29 am

BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Product Responsive to Concerns about Cannabis Lab Testing Quality

BLOCKStrain Technology investing in technological means to provide businesses, consumers with cannabis pipeline transparency amid lab testing concerns Company has obtained agreements with a number of other enterprises to build security in cannabis market Global cannabis market expected to grow to $146.4 billion by 2025, with CAGR of 24.9 percent in United States The nascent industries serving state-by-state cannabis legalization in the United States are feeling growing pains as they deal with the costs of delivering safe and quality-tested products to consumers. In this new age of plant-drug liberalization, BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) is offering hope of…

WednesdaySep 26, 2018 9:00 am

CBD Supplements Primed to Explode Ahead of Biopharma as Farm Bill Legalizes Hemp

CannabisNewsWire Editorial Coverage: With Canada legalizing cannabis nationwide in October and the 2018 U.S. Farm Bill completely removing hemp from the DEA’s controlled substances list, the stage has been set for an explosion of products ranging from functional foods and supplements to CBD-based (cannabidiol) biopharma indications. U.S. farm bill legalizing hemp could make CBD an open-pit gold mine. List of demonstrable CBD health benefits growing daily. CBD growth may outpace entire cannabis market combined. Even before the landmark inclusion of the Hemp Farming Act of 2018 in this year’s Farm Bill, plant-based nutrition experts at leading omni-direct lifestyle company Youngevity…