March 2019 - CannabisNewsWire

FridayMar 29, 2019 4:20 pm

420 with CNW – Mexican Government Official Uses Twitter to Measure Public Opinion on Cannabis Legalization

The Mexican Secretary of Security and Citizen Protection took to Twitter on Monday (March 25) to ask citizens to share their opinions regarding whether recreational cannabis should be legalized in the country or not. The cabinet official oversees the federal police, intelligence services and prisons. Less than 24 hours after the poll was initiated, 81 percent of all the respondents said that adult-use marijuana should be legalized while 19 percent said that it shouldn’t be legalized. More than 82,000 people had participated in this survey by that time, so those percentages should not be taken lightly. It wasn’t immediately clear…

FridayMar 29, 2019 1:40 pm

Growing Cannabis: Clones vs Seeds

One of the first things you’ll need to decide when starting to grow cannabis is whether to start from seed or clone. A cannabis clone is a small cutting from a mother plant and has developed its own root system. It's an important decision to make, because it is going to determine what timeline your garden is going to operate on, and largely influence the strategy you incorporate into your garden, especially if you plan on making clones to continue your cycle. Both options present their own benefits and drawbacks. The Benefits to Starting with a Clone Instead of a…

FridayMar 29, 2019 12:00 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands 7ACRES Cannabis Growing Space

7ACRES cultivation facility’s increase in space set to grow production capacity by 50 percent, reaching approximately 26,250 kg BMO Capital Market analysts initiated coverage of The Supreme Cannabis Company at Market Perform The company is set to launch its line of premium cannabis oil products in April 2019 The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading company in the cannabis industry that’s committed to providing premium brands and products, is seeking to grow the world’s best cannabis and become a leader in the global industry. As legalization spreads around the world, the cannabis industry continues…

FridayMar 29, 2019 11:37 am

Green Hygienics Holdings Inc. (GRYN) Opens Escrow on Potential Cannabis Cultivation Ranch

Green Hygienics Holdings is planning to buy a San Diego-area ranch that occupies over 824 acres of flat grassland pasture The company is targeting the medical and recreational-use cannabis markets in California, which combine to make up the largest legal marketplace for cannabis sales GRYN anticipates that it could harvest 1,200 to 1,500 pounds of hemp per acre in two growing seasons each year Premium cannabis cultivation company Green Hygienics Holdings Inc. (OTCQB: GRYN) announced on March 18 that it has opened escrow for the purchase of a ranch property near San Diego that will provide its growing operations with…

FridayMar 29, 2019 10:54 am

As Cannabidiol-Infused Beverage Market Grows, Youngevity International Inc. (NASDAQ: YGYI) Launches Two Relevant Products

The two new cannabidiol-infused coffee brands from Youngevity are expected to become available in May, allowing the company the opportunity to establish a solid presence within the expanding market The first brand, HempFX, will be a direct sales product, while Javalution is set to become available later in May for retail store distribution The company is cultivating a market that appeals to the over 100 million coffee drinkers in the U.S. who are also aware of the benefits of cannabidiol-infused beverages The U.S. market for cannabidiol-infused beverages is expanding rapidly, with forecasts calling for a valuation of $260 million by…

FridayMar 29, 2019 4:20 am

420 with CNW – Why Ohioans Aren’t Rushing to Buy Medical Cannabis

Medical cannabis has been available in Ohio for about three months now, but the latest data shows that the 20,000 people registered on the program haven’t displayed much eagerness to buy all the cannabis available at dispensaries. Here are some reasons that could explain this lack of buyer enthusiasm. High Product Prices One major concern for Ohio medical cannabis patients is the high prices being levied for medical cannabis products. On average, an ounce of cannabis costs $470. This is twice the cost of medical cannabis in Michigan. Why is Michigan significant in this case? Patients from Ohio and other…

ThursdayMar 28, 2019 4:20 pm

420 with CNW – Proposed Bill Aims to Make Illinois Medical Cannabis Program Permanent

A bill sponsored by Rep. Bob Morgan seeks to make the pilot medical program in Illinois permanent. The bill also has provisions to include more qualifying conditions for the program. The pilot program was approved in 2013 and lawmakers expanded as well as extended its duration to mid-2020. Under the existing program, patients who suffer from one or more of the 40 qualifying conditions can buy a maximum of 2.5 ounces of medical cannabis every fortnight as long as a doctor approved their enrollment on the program. It should be noted that law enforcement agencies haven’t raised any red flags…

ThursdayMar 28, 2019 11:56 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Receives ‘Speculative Buy’ Rating, Plans Expansion

PLUS received a positive rating, in part, due to its anticipated move into cannabis baked goods and mints PLUS is eyeing expansion into Oregon, Nevada and additional states in the future According to retail sales data, PLUS was California’s number one cannabis-infused edibles brand in retail sales and units sold in Q3 and Q4 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has received a ‘Speculative Buy’ rating in its initial coverage by Canaccord Genuity (“CG”), as well as a price target of C$8 (http://cnw.fm/W3ioH). Driving that positive report is the company’s planned move to expand its product line of cannabis…

ThursdayMar 28, 2019 10:43 am

Youngevity International Inc. (NASDAQ: YGYI) Subsidiaries Poised for Increased Market Penetration in Lucrative Coffee and Cannabis Industries

Youngevity International named among ‘Top 100 Global Direct Selling Companies’ Khrysos Industries, one of Youngevity’s subsidiaries, recently acquired 45 acres of land geared for research and development, as well as hemp plant genetic research CLR Roasters, another of Youngevity’s subsidiaries, has experienced burgeoning success within the coffee and espresso market Youngevity International Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, expects to see continued growth in 2019 as a result of its powerhouse subsidiaries, which are increasing their industry presence through retail expansion and land acquisition. The company, which has been named among the ‘Top 100 Global Direct Selling Companies’,…

ThursdayMar 28, 2019 9:46 am

Cannabis Conference: Leading Cultivation and Dispensary Education Event Is Fast Approaching

In just 4 weeks, industry leaders will gather in Las Vegas for Cannabis Conference. March 31 is the final day to register for the conference online. WHO: Produced by the award-winning publications Cannabis Business Times and Cannabis Dispensary, Cannabis Conference 2019 is the only North American conference focused exclusively on cultivators and dispensaries. Conference attendees will have the ability to get up close and personal with many of the brightest minds in the cannabis industry. WHAT: Cannabis Conference 2019 will host 3,000+ industry professionals from 26 different countries. 40+ sessions will be led by 90+ cultivation, retail and business experts;…

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Month: March 2019