June 2019 - Page 11 of 13 - CannabisNewsWire

FridayJun 07, 2019 4:20 am

420 with CNW – 4 Roadblocks in the Way of Marijuana Franchises

Franchising is one of the giant economic forces in the U.S. given the fact that this business model generated approximately $451 billion in 2018. Are we about to see cannabis enterprises built upon this model? Anyone intending to enter cannabis franchising needs to think about and find remedies to the following major bottlenecks. Conflicts Between State and Federal Laws Despite the legalization of marijuana for recreational or medical use in various states across the U.S., cannabis remains a Schedule 1 substance at the federal level. This creates major legal issues for businesses which wish to operate franchises in the cannabis…

ThursdayJun 06, 2019 4:20 pm

420 with CNW – Congressional Report Raises Issues on Marijuana Impaired Driving

A Congressional research body has released a report whose findings bring into question a common assumption which has always been made by legislators that the legalization of marijuana leads to more accidents on roads due to impairment. The experts, who were instructed by Senate and Congress to study the issue of impaired driving, didn’t find any conclusive evidence that marijuana can cause a driver to be impaired. While law enforcement agencies have tried and true tools to identify people who are driving while impaired by alcohol, developing similar tools for dealing with marijuana driving impairment has proved to be very…

ThursdayJun 06, 2019 11:56 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Delivers 475% More CBD to the Bloodstream

LXRP’s DehydraTECH has been shown to outperform conventional cannabis formulations and deliver 475 percent more CBD to the bloodstream in the first 15 minutes Compared to other industry formulations, DehydraTECH delivered cannabinoids quicker at industry-leading volumes A DehydraTECH formulation achieved a 319 percent higher CBD blood concentration level at 60 minutes than the generic coconut oil formulation Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) patented DehydraTECH delivery technology has demonstrated in animal lab tests that it can deliver cannabinoids to the bloodstream more quickly than conventional cannabinoid formulations (http://cnw.fm/YT1r4). At 15 minutes into the test, the DehydraTECH formulation achieved a…

ThursdayJun 06, 2019 10:57 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) to Acquire Soldaze Cannabis Snacks; Video Highlights California Production Hub’s Value

TransCanna Holdings has signed an LOI to acquire Soldaze cannabis-infused fruit snacks, one of its 15 planned premium cannabis brands TransCanna’s recently acquired 196,000-square-foot self-contained production and distribution facility in Modesto, California, was featured in a new video tour of the site The facility is being developed as a hub for statewide distribution to various company satellite facilities in premium markets The company has plans for developing a still-larger cultivation facility on the 5.5-acre Modesto site as it grows and obtains more funding TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) has signed a non-binding letter of intent, dated May 15,…

ThursdayJun 06, 2019 4:20 am

420 with CNW – Rhode Island Invites Blockchain Tech to Help Track Medical Marijuana

According to a notice published on Monday (June 3), Rhode Island hopes that blockchain technology can be harnessed to help the state to track medical marijuana and identify illegal actors. The state has called on blockchain technology developers to submit concepts from which the state will select a provider to develop a system that is customized for the medical marijuana program in Rhode Island. In a press release, the department of Business Regulation revealed that the call for concepts is a challenge to the blockchain companies to showcase their value to government institutions by testing blockchain technology applications within government…

WednesdayJun 05, 2019 4:20 pm

420 with CNW – Bipartisan Governors Write to Congress Calling for Marijuana Policy Reform

The governors of 12 states across the U.S. penned a letter to leaders in Congress on Monday (June 3) urging Congress to pass bipartisan legislation which will make it possible for states to pass their own marijuana laws and implement them without any fear that the federal government will interfere in their jurisdictions. In their letter, the Democratic and Republican governors noted that the majority of the states in the country have taken steps to legalize marijuana either for recreational or medical use. The governors also stated that state legislators had gone to great lengths to draft and pass regulations…

WednesdayJun 05, 2019 2:04 pm

Time to Unlock New Opportunities in the Cannabis Drinks Market

Time to Unlock New Opportunities in the Cannabis Drinks Market The first-ever Cannabis Drinks Expo will showcase unique national and international distribution opportunities for innovative cannabis drinks products On July 25, San Francisco will host the first-ever Cannabis Drinks Expo, an event created in response to the tremendous buzz and excitement surrounding the legalization of recreational marijuana in North America. From California to Canada, both established beverage companies and innovative startups are looking for the first generation of successful cannabis drinks products. To make that possible, the Cannabis Drinks Expo will bring together professionals involved in the development, production, distribution and…

WednesdayJun 05, 2019 12:38 pm

Why Cannabis Can Make You Anxious and How to Avoid That

There is one primary reason why a person may become anxious after consuming cannabis: tetrahydrocannabinol (THC). THC is the primary psychoactive in the herb. You can thank THC for the euphoric “high” that cannabis produces – as well as a slew of other medical properties. THC has both positive and negative impacts on anxiety. Several factors contribute to how a person might respond to THC, including genetics and how much cannabis you consume. But, what causes cannabis-induced anxiety? And why does it only happen sometimes and in some people? Here are three reasons why you might get anxious when you…

WednesdayJun 05, 2019 11:41 am

Growing Demand in Hemp Sector Breeds Opportunity for Major Hydroponics Cultivation Supplier Sugarmade Inc. (SGMD)

The booming hydroponics crop market is projected to be worth over $27 billion by 2022 Sugarmade is one of the largest publicly traded hydroponics supply companies investing in the legal cultivation sector The global industrial hemp market is expected to reach $10.6 billion by 2025 Sugarmade Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is diversifying its portfolio with supply commitments to the budding industrial hemp sector. A new agreement with Kentucky-based hemp cultivator Hempistry Inc. to deliver resources for its plant micropropagation work reveals a solid strategy as Sugarmade moves into the legal cultivation space, as…

WednesdayJun 05, 2019 11:13 am

SinglePoint Inc. (SING) Launches National Distribution Initiative for Startup and Established CBD Companies

SinglePoint is undertaking a B2B cultivation effort to help companies specializing in cannabidiol (CBD) products reach a larger national market In conjunction with a national distribution partner, SinglePoint is offering to growing CBD product companies the potential of entering mass-market stores such as CVS, Kroger and Dollar Tree The ‘Strategics’ program may be particularly helpful as shelf space in the booming CBD industry tightens Investment bank Cowen & Co. is predicting a CBD market revenue outlook of $16 billion by 2025, growing from $600 million-plus in 2018 Emerging technology cultivator SinglePoint Inc. (OTCQB: SING) is launching a national distribution program that…