January 2019 - Page 7 of 12 - CannabisNewsWire

TuesdayJan 15, 2019 4:20 pm

420 with CNW – Four Issues New York Needs to Agree Upon Before Legalizing Recreational Cannabis

While Gov. Andrew Cuomo says that a law legalizing recreational marijuana is likely to be passed this year, legislators still have a lot to do before the details of what form legalization will take shape up. The following issues are some of the sticking points that are likely to generate a lot of debate as a law is finalized. What Role Will Local Governments Play? You cannot think about legalizing adult-use marijuana without considering how to factor in local governments. It isn’t yet clear whether the law that will be passed will give local authorities any power to accept or…

TuesdayJan 15, 2019 3:27 pm

10 Exciting Cannabis Developments to Watch for in 2019

2019 is poised to be the biggest year in cannabis to date. So many things are likely to occur – trying to anticipate and keep track of it all can be a daunting task. Below are some of the big things in cannabis progress you'll want to keep an eye on in 2019: #1) Movement on Federal Reform For many years cannabis opponents in Congress have prevented federal cannabis reform measures from seeing the light of day. Congressman Pete Sessions and Chuck Grassley, two of the biggest cannabis prohibition supporters of all time, used their powerful committee positions to block votes on…

TuesdayJan 15, 2019 1:43 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Creates North American Alliance to Capitalize on Liberalization Trend

Developments in North American cannabis market present opportunities Recreational cannabis now legal in 10 states, medical in 33 Alliance formed between Canadian Mary’s Wellness and U.S.-based Winterlife, both Redfund clients As Aesop’s Fables teach, “In union, there is strength.” This time-tested proverb is being put to action through the strategic alliance created between two portfolio clients of Canadian merchant bank Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4). In mid-December, Redfund clients Mary’s Wellness Ltd. and Winterlife Inc. detailed plans to join forces for a global cannabis products launch (http://cnw.fm/kK8PK). Redfund targets companies in the mid to late stages of…

TuesdayJan 15, 2019 1:15 pm

Earth Science Tech, Inc. (ETST) Looking Forward to 2019

Addressing a global epidemic through the launch of Hygee Partnered with communications agencies to raise brand awareness and increase visibility Positioned for success following a year filled with new achievements According to the Centers for Disease Control (CDC), more than two million cases of chlamydia, gonorrhea and syphilis were reported in the United States in 2016. The majority (1.6 million) were newly-diagnosed cases of chlamydia. Young women make up nearly half of all diagnosed chlamydia cases. The CDC recommends that STD screening and timely treatment become a standard part of medical care (http://cnw.fm/26cIw). Decreasing the stigma of talking about STDs is…

TuesdayJan 15, 2019 11:12 am

SinglePoint, Inc. (SING) CEO Featured on MoneyTV, Describes Recent CBD Legalization as Catalyst for Vigorous 2019 Plans

SinglePoint CEO Greg Lambrecht enthusiastic about revenue potential for CBD products in light of recent U.S. legalization The company plans on diversifying its CBD market opportunities through both Amazon and its online store, www.SingleSeed.com Lambrecht notes that the company will be “going after” the CBD and cannabis market “very hard” in 2019 SinglePoint, Inc. (OTCQB: SING), a diversified holding company specializing in the acquisition of small- to mid-sized companies (with an emphasis on new technologies), urges investors to “not sleep on SinglePoint” in 2019 as it looks ahead at a potentially impressive year filled with expansion and revenue growth. SinglePoint…

TuesdayJan 15, 2019 10:43 am

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) – Brand of the Year – Heading for Canada’s Big Board

Supreme Cannabis receives conditional approval to list on Toronto Stock Exchange Its 7ACRES line voted 2018 Cannabis Brand Of The Year Expects to reach annual output capacity of 50,000 kg by middle of 2019 Company plans to launch jointly-developed products with Khalifa Kush Enterprises Another day… another milestone… The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) makes progress seem so easy. After a string of recent successes that include completion of 19 flowering rooms, clinching a deal with Khalifa Kush Enterprises and copping the 2018 Cannabis Brand of the Year Award, the company has received conditional approval…

TuesdayJan 15, 2019 9:00 am

Companies Explore Market Potential for Ready-to-Drink CBD Beverages

CannabisNewsWire Editorial Coverage: The market for cannabidiol (CBD) beverages alone could achieve a value of $260 million in the United States by 2022. CBD beverages form part of an even wider market for marijuana-infused drinks that is predicted to reach a value of $600 million in three years’ time. U.S. market for CBD and THC beverages could reach $600 million by 2022. Cannabis-infused drinks could outperform other cannabis products. Non-cannabis and cannabis companies alike are joining this new market. Savvy companies are looking to position themselves in this burgeoning market, often by partnering with companies that provide invaluable experience in…

TuesdayJan 15, 2019 4:20 am

420 with CNW – Liquor Sales Unaffected by Marijuana Legalization, Study Finds

There were fears that the legalization of adult-use marijuana in different U.S. states would trigger a decline in alcohol sales as consumers switch to marijuana instead of taking alcohol. Numerous reasons, such as the hangovers associated with alcohol consumption, were cited as factors that would impact alcohol sales once cannabis was legalized. However, a recent study conducted by the Distilled Spirits Council has found that no such slump in sales has occurred in the three states where recreational cannabis has been legal for the longest time in the U.S. The alcohol trade association reported that the trends in alcohol sales…

MondayJan 14, 2019 4:20 pm

420 with CNW – Three Things Likely to Affect Marijuana Stock Prices

While 2018 can be described as a huge year for marijuana in many ways, 2019 promises to yield even bigger strides for the industry. Investors who are planning to get in on the action this year should pay attention to three important factors that are likely to have an impact on the price of marijuana stocks. This article discusses those factors. Changes to U.S. Marijuana Laws There have been concerted efforts to get the U.S. federal government to modify its marijuana laws. So far, nothing has happened yet. However, the new House of Representatives that started its work at the…

MondayJan 14, 2019 2:43 pm

Here’s How Many People Die from Legal Drugs

The verdict is out: Americans are popping more legal pills than ever before. In the past two decades, the number of drug prescriptions has increased by 85 percent. Yet, in 2013, an estimated 128,000+ prescription drug takers died from adverse drug reactions. This means that prescription drugs almost rival stroke in terms of overall casualties. The irony? We’re taking more "medicine" than ever, but we just keep getting sicker. While humankind has certainly made major strides in treating infectious disease and helping us live longer, rates of debilitating, chronic disease have only increased along with the rise of medications. Legal…