October 2018 - Page 11 of 11 - CannabisNewsWire

WednesdayOct 03, 2018 9:00 am

Growing Cannabis Sector Sees Surge in Acquisitions

CannabisNewsWire Editorial Coverage: The ongoing growth of the cannabis sector is now driving a surge in acquisitions, as companies compete to control a burgeoning market. The cannabis sector has seen incredible growth, reaching $10 billion this year in the United States alone. This has led to a wave of mergers and acquisitions, as companies strengthen their positions. This pattern is accompanied by expansion into new markets and investment in smaller companies by their larger cousins. Hydroponic supplier Sugarmade, Inc. (OTCQB: SGMD) (SGMD Profile) is in the process of acquiring two hydroponic companies, improving its already strong position as a provider…

WednesdayOct 03, 2018 4:20 am

420 with CNW – Why Legalizing Recreational Cannabis in New Jersey May Be a Game Changer

Medical cannabis has been legal in New Jersey since 2010. However, there are moves to expand the medical marijuana program and also decriminalize recreational pot in the state possibly by the end of this year or early next year. Industry watchers are suggesting that the legalization of recreational cannabis in New Jersey would be a game changer for the entire industry for a number of reasons. First, the long history of cannabis prohibition in the state makes New Jersey one of the places with the largest number of people incarcerated for cannabis-related issues. New Jersey therefore has a big social…

TuesdayOct 02, 2018 4:20 pm

420 with CNW – Calgary Police Officers Barred from Consuming Cannabis Ahead of Legalization

Calgary police officers have been told they aren’t allowed to consume recreational cannabis just weeks before recreational marijuana hits the shelves of retail outlets. The news was communicated in an internal memo circulated to all police officers. The ban excludes members of the police service who cannot be deployed or called to a scene of crime. These include desk officers or those whose work is entirely administrative. The police top brass say this policy decision was taken as a precautionary measure to prevent any workplace safety issues that may arise. It isn’t known for how long someone can remain impaired…

TuesdayOct 02, 2018 10:19 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Launch of Certified Organic Cannabis Brand

The Green Organic Dutchman launched its premier organic cannabis brand on September 12 Studies show that Canadian consumers prefer organic cannabis TGOD’s goal is to become the largest organic cannabis brand in the world Partnership with Aurora Cannabis has resulted in a nearly fivefold return on Aurora’s initial investment thus far Coinciding with Canadian Organic Week, Canada’s biggest annual celebration of organic food, farming and products, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) announced the launch of its premium, certified organic cannabis brand on September 12. This marks a significant step toward TGOD’s goal of becoming the…

TuesdayOct 02, 2018 4:20 am

420 with CNW – Malaysia Considers Legalizing Medical Marijuana

A young man aged 29 was arrested, charged and sentenced to death for being found with a few liters of cannabis oil in Malaysia. Cannabis on all its forms is illegal in this Asian country. However, the uproar about that conviction and sentence has forced the cabinet of that country to have a discussion about decriminalizing marijuana for medical purposes. Muhammad Lukman, the young man in question, had argued in court that the cannabis oil and other products were for helping patients suffering from cancer and other terminal diseases. Change.org drafted a petition calling for Lukman to be freed and…

MondayOct 01, 2018 4:20 pm

420 with CNW – Why Millenials Are Quitting Alcohol in Favor of Marijuana

There is a growing trend of millennials dumping alcohol and opting for marijuana as the wave of decriminalization sweeps across the U.S. and the world. This shift is seen more strongly in the states, such as California, which were among the first to legalize cannabis for either recreational or medical use. Several reasons have been cited to explain the growing popularity of cannabis among millennials. First is the issue of safety. Millennials have grown up being bombarded with messages about the numerous safety risks associated with heavy drinking. For example, the reduction in reaction time as one responds to situations…

MondayOct 01, 2018 1:05 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Changing the Efficiency and Future of Drug Delivery

Focused on discovering new technologies that deliver cannabinoids and other beneficial molecules to the bloodstream Bypassing the negative side effects of lighting up Crossing blood brain barrier Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is focused on discovering new technologies that deliver cannabinoids and other lipophilic (fat soluble) beneficial molecules to the bloodstream through efficient and healthy ingestion. The first step to discovering how to deliver a higher percentage into the human bloodstream was to find a way to protect the molecules on their journey through the gastrointestinal system. It was discovered that fats are an excellent conduit, increasing absorption…

MondayOct 01, 2018 12:29 pm

Earth Science Tech, Inc. (ETST) Enters Strategic Partnership for DRTV Campaign, Receives Updated Coverage from SeeThruEquity

Earth Science Tech, Inc. recently announced a strategic Direct Response TV (DRTV) campaign deal with Kevin Harrington’s ‘As Seen On TV’ production company The 12-month campaign, during which Harrington will be appearing in person to promote ETST’s products, is aimed at raising awareness of ETST’s activities and boosting its high-grade cannabinoid (CBD) oil Recently, SeeThruEquity, a renowned Wall Street firm, recognized ETST’s sales growth, market potential and current activities in the cannabidiol, pharmaceutical and research and development fields Earth Science Tech, Inc. (OTCQB: ETST) is a Florida-based innovative biotech company and a key player in the cannabidiol, nutraceutical and pharmaceutical…

MondayOct 01, 2018 11:56 am

Youngevity International, Inc. (NASDAQ: YGYI) Cruises on Café

Strikes deal to supply coffee to 60-ship cruise line Potential market of 60,000 crew members and staff Enters five-year contract to supply unroasted coffee worth $50 million The cruise industry is big business, so it’s not surprising that the perceptive marketing practitioners at Youngevity International, Inc. (NASDAQ: YGYI) have spotted the commercial opportunities therein. The company recently announced that it had expanded its footprint in the cruise line industry by adding one more prestigious brand to its hospitality business (http://cnw.fm/o1PbV). Its coffee manufacturing division, CLR Roasters, has bagged a contract with another top cruise operator. The two-year deal means roasting and serving…

MondayOct 01, 2018 4:20 am

420 with CNW – FBI Data Shows Increased Marijuana Arrests in 2017

New data that has just been released by the U.S. Federal Bureau of Investigations (FBI) reveals that the marijuana arrests made in 2017 were more than those which were recorded in 2016. These statistics are surprising given the fact that, by the end of 2017, 28 states had legalized medical or recreational consumption of cannabis. In total, 659,700 people were arrested on marijuana-related charges in 2017, while the figure for 2016 stood at 653,349 arrests. The wave of cannabis legalization doesn’t seem to have had any impact upon the law enforcement community, especially at the federal level. This is creating…