April 2019 - CannabisNewsWire

TuesdayApr 30, 2019 4:20 pm

420 with CNW – Massachusetts Regulators Vote on Cannabis Home Delivery

Marijuana regulators have reached an agreement about plans to allow the home delivery of marijuana products within the state. A vote of 4-1 was passed by the Cannabis Control Commission. If the plan gets final approval from the commission by the end of May, the delivery of cannabis products within the state would mainly be done by people from the communities that suffered the most during the War on Drugs. The rules pave the way for people from those disadvantaged communities to have an expedited entry into the legal cannabis industry. Under the regulatory policies, home delivery licenses would exclusively…

TuesdayApr 30, 2019 1:10 pm

ChineseInvestors.com Inc. (CIIX) Reports Impressive 81% Revenue Gain Driven by Significant Rise in Hemp, CBD Sales

CIIX reported $1,444,822 in revenues for the third quarter of fiscal 2019, marking an 81 percent increase from the same quarter of the previous year The company’s hemp and CBD consumer product sales grew to $1,061,318 in the third quarter of fiscal 2019 CIIX CEO projects a “fruitful” performance in the coming year ChineseInvestors.com Inc. (OTCQB: CIIX) reported sharp sales gains for the three months ended February 28, 2019. The quarterly gains reached 81 percent, totaling $1,444,822, as compared to $796,304 for the previous year. CIIX CEO Warren Wang attributed a large part of the impressive growth to a major…

TuesdayApr 30, 2019 12:34 pm

Cannabis Topicals: Uses, Benefits, and Surprising Facts

Did you know that you can put cannabis products directly on the skin? Believe it or not, cannabis-infused creams and balms make for potent first-aid treatments and can even be used in cosmetics. Why does this matter? Here’s what you need to know about cannabis topicals and how to use them: What are cannabis topicals? Cannabis topicals are balms, creams, lotions, salves, oils, and sprays. These products can be used for a variety of purposes, including first aid, skincare, and cosmetics. While many people are familiar with the concept of medical cannabis, fewer realize the vast potential of topical applications.…

TuesdayApr 30, 2019 12:18 pm

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) is “One to Watch”

Recent passage of U.S. farm bill presents extraordinary opportunity to capitalize on an estimated US$22 billion CBD wellness market Consumer sentiment is changing with 92% of U.S. states legalizing some form of cannabis Positive regulatory momentum in the U.S. is spreading with legalization and acceptance of cannabis spreading internationally Global legal marijuana market expected to reach US$146.4 billion by end of 2025 Significant near-term portfolio target opportunities under evaluation in several U.S. states, Israel and the European Union Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow…

TuesdayApr 30, 2019 10:48 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Sales License, Offers Access to Organic Cannabis Oils

TGOD recently received an oil sales license from Health Canada for its Ancaster, Ontario, facility The company’s state-of-the-art supercritical CO2 extraction system is capable of processing ultra-pure, certified-organic cannabis oils TGOD’s Unite Organic Cannabis Oil, derived from a high potency, THC-dominant strain, is expected to be ready to ship in late April 2019 The company is targeting a potential market in Ontario and Quebec with 21.5 million residents and an estimated value of more than $2.6 billion Cannabis company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has reached another milestone that supports the company’s ambition of becoming the…

TuesdayApr 30, 2019 4:20 am

420 with CNW – Canada Preparing to Approve Second Cannabis Roadside Test Kit

The Canadian government is close to approving a second cannabis test set for use by law enforcement officers who suspect that a driver may be impaired by marijuana. The kit uses a sample of saliva to test for the presence of THC in the body of an individual flagged down for possible marijuana impairment. The Department of Justice had earlier issued an order on April 20 to add the three pieces of equipment made by Abbot to the equipment that the police can use to get preliminary results when they suspect that someone is driving while impaired after consuming marijuana.…

MondayApr 29, 2019 4:20 pm

420 with CNW – Mexico Set to Legalize Recreational Marijuana by October

When Mexico legalized medical marijuana in June 2017, few ever imagined that the country would legalize marijuana for adult-use a couple of years later. Drug cartels have so much influence in the country that one would be led to believe that those cartels would never allow any policy that threatens their illicit business to be passed. However, the tide has turned and according to reports coming from across the border, a legal framework for the legalization of recreational cannabis will be in place by October this year. If that plan comes to pass, Mexico will be the third country in…

MondayApr 29, 2019 2:04 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moves to Expand Cannabis Retail Presence with Vancouver’s City Cannabis Corp.

Wildflower Brands’ announcement of plans to acquire City Cannabis Corp. represents the latest step in Wildflower’s international expansion City Cannabis is only the company with multiple licenses in British Columbia, and the only BC-based retailer to go public The proposed acquisition represents a major opportunity to gain exposure to the Canadian consumer market, as City Cannabis anticipates operating stores across Canada The recently announced LOI (http://cnw.fm/2Cjz8) for the acquisition of Vancouver-based licensed cannabis retailer City Cannabis Corp. by wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a major step for Wildflower. The move points to the potential of a…

MondayApr 29, 2019 1:09 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Funding Alliance Boosts Global Hemp/CBD Auction Platform

Redfund Capital is focusing the power of its equity financing and debt financing business incubation model toward flourishing cannabis industry startups The company is labeling its recent investment in the international Cannabis Mercantile Exchange (“Cannamerx”) auction platform as “one of our most strategic growth alliances” Cannamerx is gaining a growing clientele in the hemp and CBD industries, noting recently that it had clients listing 1.5 metric tons of hemp biomass for auction The global hemp market is forecast to reach $5.7 billion in revenues by 2020 Enterprising Canadian finance firm Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is…

MondayApr 29, 2019 12:52 pm

Cannabis Tolerance: What You Need to Know

Cannabis tolerance is an ongoing factor for patients and consumers. The development of cannabis tolerance is a well-documented phenomenon. Simply stated, tolerance refers to the body’s ability to grow accustomed to the chemical effects of cannabis consumption. If you continue to consume cannabis over time the body becomes used to the constant input and adjusts itself accordingly. When you first begin to consume cannabis, you may find that the effects of the herb are quite strong. With regular consumption, however, these strong effects mellow out and some of the negative side effects of the herb dissipate. This is very similar…