January 2019 - Page 12 of 12 - CannabisNewsWire

ThursdayJan 03, 2019 4:20 am

420 with CNW – Cannabis Drinks Likely to Be a Big Hit in 2019

As calls for marijuana legalization sweep across the U.S., many companies are gearing up to provide yet another way to get your high, by sipping marijuana. Cannabis-infused drinks are poised to be a big thing in 2019 and beyond if the undertones surrounding the cannabis industry are to be believed. First, industrial hemp is now legal to grow after the 2018 Farm Bill was signed into law. This means that companies will have a huge source of CBD (the non-psychoactive cannabinoid in hemp and marijuana) to use when making cannabis beverages. Such drinks may be the first to become popular…

WednesdayJan 02, 2019 4:20 pm

420 with CNW – Malawi Drafts Bill to Legalize Marijuana Farming

The parliament in Malawi has drafted a bill that will make it legal to grow marijuana and hemp both medicinally and industrially. The bill comes at a time when the country’s export earnings have taken a huge hit as tobacco sales decline year by year. Tobacco sales have been bringing in at least 60 percent of the country’s foreign exchange earnings, but the sustained anti-smoking efforts spearheaded by the World Health Organization (WHO) and other groups have triggered a downward trend in the number of people who smoke. Malawi is feeling the effects of those efforts. Moreover, the estimated value…

WednesdayJan 02, 2019 12:02 pm

The Motley Fool Touts The Flowr Corporation (TSX.V: FLWR) as ‘One to Watch’ with Supply Glut Looming over Marijuana Industry Horizon

The Flowr Corporation recently acquired 19.8 percent of Holigen, a large-scale cannabis producer Lance Emanuel has joined the company as its president, bringing valuable background experience Recent article cites low production costs and high yields per square foot as predictors of the company’s continued success The Flowr Corporation (TSX: FLWR), a vertically integrated Canadian company producing premium cannabis product, is expected to weather a coming supply glut over larger companies because of its low operating costs and irradiation-free products. The up-and-coming company was featured in a recent article on The Motley Fool. The article described an upcoming supply glut in…

WednesdayJan 02, 2019 11:39 am

Sugarmade, Inc. (SGMD) Scaling Up in Cannabis Space with Acquisitions and Agreements

Scaling up with acquisitions and agreements in cannabis and hemp sectors SGMD to gain synergy from application of hydroponics to cannabis cultivation Revenue guidance for 2019 raised to $70 million With California’s legal cannabis market expected to grow “more than 18 percent annually to hit $5.6 billion by 2020” (http://cnw.fm/Cxzx0) and the hydroponics market on “a CAGR of 6.5%” (http://cnw.fm/E2Nyv) from 2018 to 2023, California-based Sugarmade, Inc. (OTCQB: SGMD) has positioned itself at the confluence of two great market movements. The state was the first to buck the trend of prohibition when, in 1996, it passed the Compassionate Care Act, which legalized medical cannabis.…

WednesdayJan 02, 2019 4:20 am

420 with CNW – Study Finds That Veterinarians Want Cannabis Legalized for Pets

A recent survey has discovered that the majority of veterinarians want the laws on marijuana relaxed for both pets and humans. Many of those who participated in the survey felt that they were fairly informed about the medicinal use of marijuana, but they lamented that state veterinary associations or boards aren’t providing guidance to keep their members informed about how to handle the subject of cannabis for pets with clients. The study, whose findings were released in Frontiers in Veterinary Studies (a respected industry journal), had more than 2,100 certified veterinarians sharing their views. The researchers observed that just under…