November 2018 - Page 9 of 11 - CannabisNewsWire

WednesdayNov 07, 2018 11:52 am

Sugarmade, Inc. (SGMD) Invests in Hempistry to Reinforce Its CBD Market Position

Sugarmade invests $1 million in Hempistry through common stock to boost ultra-high CBD hemp growing The U.S. industrial hemp market is projected to hit $1 billion in revenue in 2018 Legislative process underway to legalize commercial production of industrial hemp by removing it from the Controlled Substances Act Sugarmade, Inc. (OTCQB: SGMD) is a product and brand marketing company that targets brands with disruptive potential and invests in them. Currently, the company has made a commitment to invest in Hempistry Inc. to the tune of $1 million. This investment will boost Hempistry’s efforts to produce ultra-high CBD-content hemp that is…

WednesdayNov 07, 2018 11:33 am

Medical Cannabis Payment Solutions (REFG) Benefits as Cannabis is Legalized in More US States; Legislators Eye Federal Approval Bills in 2019

A total of 31 states plus D.C. have legalized medical marijuana, and nine states and D.C. have legalized recreational marijuana in the U.S.; recreational marijuana is now legal across Canada Legislators predict in a presentation at George Washington University that bills to legalize marijuana nationally will be introduced in Congress in 2019 REFG would benefit from cannabis legislation as a payment processor within the industry with its Green digital processing system and as owner of a licensed hemp grower/processor Medical Cannabis Payment Solutions (OTC: REFG) stand to gain if the predictions of two legislators that federal cannabis legalization bills will…

WednesdayNov 07, 2018 9:00 am

Investors Flock to Cannabis Market as Business Booms

CannabisNewsWire Editorial Coverage: As the cannabis industry sees its profits and legitimacy rise, the market potential is drawing increased attention from big investors. The U.S. and global cannabis sector is seeing great growth, lifted by the success of medical and recreational cannabis and legalization in Canada. This is drawing in previously reluctant investors as companies become listed on stock exchanges. Greater integration within the sector is both a symptom of and a support for this cannabis boom. Cannabis Strategic Ventures (OTC: NUGS) (NUGS Profile) shows this integrated approach, bringing together cultivation, product sales and personnel services for the cannabis industry.…

WednesdayNov 07, 2018 4:20 am

420 with CNW – Using Your Credit Card to Buy Pot in Canada Could Affect Your US Admissibility

Canadians who are queuing to buy recreational marijuana may be unwittingly making it harder to be allowed to travel to the U.S. if the federal government in America doesn’t soften its hard stance on the marijuana industry. This concern takes on greater importance given that federal agents at entry points have the leeway to perform any background check necessary before admitting someone into the country. Those background checks can include looking into how someone has been using his or her credit cards. People who have bought cannabis using their credit cards therefore face the risk of being denied entry into…

TuesdayNov 06, 2018 4:20 pm

420 with CNW – International Cannabis Alliance Formed to Enhance Industry Collaboration

The International Cannabis Alliance (ICA or InterCannAlliance) has been formed to foster collaboration between the marijuana industry players in the different regions of the world, such as Latin America, Africa and the Asia-Pacific regions. The formation of this new group was spearheaded by New Frontier Data and CannaTech. New Frontier Data is a global authority on data and analytics for the cannabis industry. CannaTech has carved out a name for itself for advocating for cannabis education and connectivity across the world. The objective of forming ICA was to inform and educate thought leaders and players in the cannabis market about…

TuesdayNov 06, 2018 10:49 am

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) is “One to Watch”

Canada’s only licensed cannabis producer principally focused on premium brands and products with coast-to-coast distribution Current annual production run rate of 13,333 kg, ramping up to estimated 50,000 kg full capacity in 2019 Recently signed 1-year CAD$12 million supply agreement with Tilray Inc. (OTC: TLRY) to support medical cannabis patients Commands premium wholesale prices up to one-third higher than other brands Supply agreements in place with six Canadian provinces Recently uplisted to OTCQX market in the U.S under ticker symbol SPRWF In September 2018 announced record fiscal year and Q4 results Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA:…

TuesdayNov 06, 2018 9:22 am

Green Hygienics Holdings Inc.’s (GRYN) Acquisition of Canna Brands Portfolio Platform Offers Potential for ‘Substantial Revenues’

GRYN plans to use the Canna Brands suite of products as a platform to introduce its existing portfolio into vertical markets, with the Cannagram technology offering highest level solutions With more than 25 years’ experience, GRYN sees itself becoming an industry leader in the advancement of science-driven cannabis cultivation systems; it is growing its own IP assets Three products are acquisition keys: flagship platform Cannagram extends brand awareness, Myijuana is a destination portal and CoursePro Academy is seen as an asset for GRYN Green Hygienics Holdings Inc. (OTC: GRYN) believes that its acquisition of the Canna Brands Portfolio advances its…

TuesdayNov 06, 2018 9:00 am

Industrial Hemp Floodgates Open as CBD Demand Grows

CannabisNewsWire Editorial Coverage: The growing popularity of cannabidiol (CBD), a powerful but nonpsychoactive cannabinoid found in plants of the cannabis family such as industrial hemp, has a lot to do with consumer experience roundly validating the increasingly body of scientific evidence for CBD’s therapeutic value. CBD demand is increasing rapidly as consumers run ahead of the studies. Branding is key to capturing market share while formulation quality drives consumer loyalty. The global potential for the CBD market is immense and largely untapped. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile) has taken several key steps to set itself up…

TuesdayNov 06, 2018 9:00 am

As the Cannabis Industry Grows, So Do Challenges of Supply and Distribution

CannabisNewsWire Editorial Coverage: The cannabis industry is seeing repeated waves of growth, creating challenges for supply and distribution. Currently worth over $7 billion, the cannabis industry is expected to exceed $65 billion in the next five years. This growth is creating challenges for supply and distribution, as companies struggle to meet surging demand. The passing of the 2018 U.S. Farm Bill will allow for further growth, adding to the cannabidiol (CBD) supply. SinglePoint, Inc. (OTCQB: SING) (SING Profile) is one of the companies tackling distribution problems through the establishment of an online store selling CBD products. Tetra Bio-Pharma, Inc. (TSX.V:…

TuesdayNov 06, 2018 4:20 am

420 with CNW – Lack of Regulations and Doctors’ Fears Threaten UK Medical Cannabis Program

Many patients celebrated when the UK government announced that doctors could start prescribing medical marijuana come November 1. However, the reality after that date is turning out to be frustrating for many patients as doctors seem reluctant to prescribe medical marijuana. The first hurdle that patients have to negotiate is to find a specialist doctor who can prescribe medical marijuana for the condition which the patient has. This requirement is different from what happens in other countries where any GP can prescribe medical marijuana after enrolling to participate in the program. As it is, many specialist doctors approached by patients…