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ThursdayApr 25, 2019 1:07 pm

Sugarmade Inc. (SGMD) Among Hemp-Related Businesses Likely to Benefit if Congress Approves Cannabis Banking Legislation

Sugarmade is focusing its hydroponic agricultural supplies operation on the emerging hemp industry Passage of the 2018 Farm Bill opened the gates to a new wave of hemp farming that portends a possible boom market The hemp industry has suffered from the same banking antipathy afflicting state-legal marijuana businesses because of federal regulation of cannabis’ drug uses Congress has begun considering legislation that would potentially bar federal agencies from penalizing financial institutions that serve cannabis-related businesses Congressional legislation that aims to open banking institutions’ doors to the cannabis industry would not only benefit state-legal marijuana businesses, but also agricultural businesses…

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ThursdayApr 25, 2019 11:35 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Focusing on Burgeoning Cannabis Beverage and Consumables Market

Sproutly Canada is committed to redefining the cannabis industry SRUTF’s ACMPR-licensed facility was built for the cultivation of pharmaceutical-grade cannabis The company is developing the Aqueous Phytorecovery Process Based in Vancouver, British Columbia, Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) engages in developing and bringing to market consumer cannabis products, with an emphasis on beverages. The company’s primary mission is to become the foremost supplier of water-soluble cannabis solutions and bio-natural oils to the developing beverage and consumables market. Sproutly Canada’s ACMPR-licensed facility in Toronto, Ontario, was built to cultivate pharmaceutical-grade cannabis. Fundamentally, Sproutly is combining advanced cannabis…

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ThursdayApr 25, 2019 10:12 am

Geyser Brands Inc. (TSX.V: GYSR) is “One to Watch”

Medical and recreational cannabis is legal for adult-use in Canada with consumables expected to be available in October 2019 Passage of 2018 Farm Bill in the U.S. opens hemp production nationwide Legal cannabis sales worldwide reached $12 billion in 2018 with analysts projecting up to $32 billion in sales by 2022 CBD-infused consumables are expected to gain popularity with edibles growing to be a $4 billion market in the U.S. and Canada by 2022 Nanofusion technology overcomes insolubility problems associated with CBD oils, improving bioavailability and providing for controlled onset and offset times Geyser Brands Inc. (TSX.V: GYSR) is a…

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ThursdayApr 25, 2019 9:25 am

This Week In Cannabis: Cannabis Moves Further into the Mainstream

Last weekend was April 20th, which is largely recognized as the international holiday for cannabis. In years past, the day marked a day of protest. But as the reform movement has obtained victories and the cannabis industry continues to emerge, cannabis continues to go mainstream. This last week was proof of that. Below is a recap of what happened this week in the cannabis world. Carl's Jr CBD-infused burger gets massive publicity What happened: The Carl's Jr fast food chain debuted a CBD-infused burger over 4/20 weekend in Denver. The burger was apparently a big hit because it sold out…

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ThursdayApr 25, 2019 9:00 am

Untapped Cannabis Market Offers Spectacular Growth Opportunities

CannabisNewsWire Editorial Coverage: The explosive growth recently seen in the cannabis industry presents a rare chance for savvy companies to profit in a virtually untapped market. Legal marijuana market projected to reach $146.4 billion. United States and Canada current epicenter of cannabis growth. Brand recognition and retail reach imperative for market share. The cannabis bonanza has created a rare window of opportunity for companies that are able to capture market share and create long-term success. Brand recognition and retail reach look to be key to obtaining these lucrative rewards. Shortly after posting its tenth consecutive quarter of increased revenues, Wildflower…

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ThursdayApr 25, 2019 4:20 am

420 with CNW – Texas Lawmakers to Vote on Cannabis Decriminalization This Week

About a month ago, the Texas House Jurisprudence Committee passed a bill that would make low-level cannabis possession a crime punishable by a fine rather than jail time. That bill is now before the House and it will be voted on this week (Thursday). If the bill becomes law, anyone found in possession of an ounce or less of marijuana would pay a fine of $250. Such a crime would then become a Class C misdemeanor if one is caught more than twice. Under the current law, anyone who is found with two ounces or less of marijuana can be…

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WednesdayApr 24, 2019 4:20 pm

420 with CNW – West Virginia Looks for Financial Institution to Handle Medical Cannabis Money

The Treasurer’s Office in West Virginia plans to issue a request for proposals (RFP) by the end of next month (May 2019) inviting interested financial institutions to submit their proposals for handling the money generated by the state from the medical cannabis industry. These funds will include license fees, fines, taxes and other revenues accruing from medical marijuana. Earlier this year, the legislature passed a law to expand the scope of the types of financial institutions that could express interest in handling this money from medical marijuana. Credit unions and other non-traditional banking companies are now eligible to apply. It…

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WednesdayApr 24, 2019 1:57 pm

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Registers First Sales of Premium Cannabis, Cultivation Facility on Pace for Q3 2019 Completion

Even with its cultivation facility only 20 percent operational, the company reported record revenues from its first cannabis sales in 2018 Flowr announced that 20 fully constructed grow rooms will be available in Q3 2019, increasing its annual production capacity to 10,000 kilograms The company has also announced plans to expand its product line with the sale of seeds and clones once production is ramped up The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) registered a number of important milestones in 2018, despite the fact that its world-class cultivation facility was only 20 percent operational at the time. In an official…

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WednesdayApr 24, 2019 12:37 pm

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 7IP) Establishing Strong Reputation in Cannabis Sector with Anchor Investment Portfolio

The company’s acquisitions include fully-integrated licensed medical marijuana businesses and a cultivation/processing center in Arizona Investments have been announced for strategically located properties in Michigan with 10 approved cultivation licenses and one processing license An overwhelming 92 percent of states in the U.S. have legalized some form of cannabis The global legal marijuana market is expected to exceed $146 billion by the end of 2025 Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 7IP), also known as Innovative Properties Inc., is a Canadian company focused on strategically investing in high quality cash-flow assets within the cannabis sector. These carefully selected investments…

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WednesdayApr 24, 2019 11:30 am

Anticipating Growing Demand, Earth Science Tech Inc. (ETST) Extends Reach into Burgeoning Cannabinoid Market

Earth Science Tech is well positioned to take advantage of the exploding cannabinoid industry One consumer survey found that nearly 6.9 percent of adults currently use CBD as a supplement The CBD product market is estimated to reach $16 billion by 2025, incentivizing all kinds of companies to create inroads into the lucrative space Earth Science Tech Inc. (OTCQB: ETST), a Florida-based biotechnology company focused on cannabis and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices, is well-positioned to take advantage of the growing demand for cannabinoid products by offering the highest purity and quality cannabinoids on the market.…

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