June 2019 - Page 4 of 13 - CannabisNewsWire

MondayJun 24, 2019 4:20 am

420 with CNW – New York Marijuana Decriminalization Expands as Full Legalization Fails

As plans to legalize marijuana fully appear to have hit a dead end in the New York State legislature, the lawmakers have agreed to expand the decriminalization of the drug in addition to providing for the automatic expungement of low-level cannabis possession convictions across the state. On Thursday, Senators agreed to treat the possession of up to two ounces of cannabis as an infraction punishable by a $50 fine instead of regarding it as a crime. This measure marks a huge change in a state where thousands of residents have been caught on the wrong side of the law and…

FridayJun 21, 2019 4:20 pm

420 with CNW – Congress Votes to Stop Feds from Interfering in State Marijuana Programs

The House of Representatives has voted to block the Department of Justice (DOJ) from using its funds to enforce federal cannabis laws within states which have passed their own laws regulating recreational or medical marijuana cultivation, consumption and sales. This measure was one of the several amendments put before the floor for inclusion in the appropriations bill for Fiscal Year 2020. The measure, which expands an existing rider that protected medical marijuana programs, was approved on Thursday by a 267-165 vote. Marijuana industry advocates are convinced that the vote tally reflects the broad support for marijuana law reform, and this…

FridayJun 21, 2019 10:53 am

15 Essential Health Benefits of THC

Do we really need THC – the most widely recognized component of cannabis? This is the same compound that produces the “high” in cannabis. It has generated more than its fair share of critics, and many believe that the compound has no medicinal value at all. Yet, science has demonstrated this is far from the case. In conjunction with other cannabinoids, the molecule has been found to help people deal with mental and physical ailments. Not to mention many people find THC-rich products – when taken at just the right dosage – to be an effective supplement towards their everyday…

FridayJun 21, 2019 10:30 am

Green Hygienics Holdings Inc. (GRYN) Secures Hemp Sale Purchase Order with U.S. Tobacco de Mexico

Green Hygienics signed a purchase order for the sale of hemp flower to the Tijuana-based firm over the course of five years Hemp flower from Green Hygienics will be used in the U.S. Tobacco de Mexico production lines; U.S. Tobacco de Mexico has over 20 brands of CBD hemp cigarettes The partnership is in line with the Green Hygienics growth strategy; the company generates revenue through innovative product development, as well as through strategic partnerships and acquisitions Green Hygienics Holdings Inc. (OTCQB: GRYN) recently announced its entry into a multiyear purchase order for the sale of hemp to U.S. Tobacco…

FridayJun 21, 2019 10:02 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Starts Selling Cannabis Flower Commercially, Considers Wholesale Distribution

Sproutly Canada’s executive team recently announced the company’s first commercial sale of cannabis flower to another licensed producer in Canada The sale marks a major milestone for Sproutly as the beginning of a new revenue stream that is in line with the company’s strategic expansion plans Sproutly also announced that it is awaiting the receipt of a sales license, allowing the company to sell more wholesale craft flower under its new brand, Caliber Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) recently announced its first commercial sale of cannabis flower in Canada. Selling cannabis flower commercially to a recognized…

FridayJun 21, 2019 9:37 am

The Cannabinoid of the Future? Hemptown USA at the Forefront of CBG’s Rise to Prominence

Widely known as the “mother of all cannabinoids,” cannabigerol is believed to have multiple benefits and medical applications in areas such as autoimmune conditions, cancer, pain management, inflammation and more CBG oil’s market price in the U.S. is currently two to four times higher than the price of CBD oil As genetic advances lead to higher yields, CBG looks set to become a prominent part of the cannabinoid market Hemptown USA is working to ensure sustainable production of CBG and is positioned to produce about 40 percent of the North American supply of CBG in the near future Cannabigerol (CBG)…

FridayJun 21, 2019 4:20 am

420 with CNW – How Marijuana Legalization Law in Illinois Differs from All Others

If, as is widely expected, Gov. Pritzker signs a bill that was passed to legalize recreational cannabis in Illinois, the state’s legalization law will be different from all others in several aspects. First, Illinois will have defied the odds to legalize adult-use marijuana legislatively. All the other ten states have done so through voter initiatives. Lawmakers in New Jersey and New York at one time seemed poised to pass bills legalizing recreational marijuana but intraparty disagreements have torpedoed those plans. Another way in which Illinois’ law is unique is that it contains provisions which are aimed at promoting social equity…

ThursdayJun 20, 2019 4:20 pm

420 with CNW – Medical Marijuana Dispensary Introduces its Own Credit Cards to Reduce Cash Transactions

Columbia Care, a medical marijuana company, has rolled out its own credit card as the cannabis industry struggles to find alternatives to having to deal in cash only. Just like banks, credit card providers have been reluctant to embrace the marijuana industry because of fears that they would be sanctioned by the federal government since marijuana remains an illegal substance federally. This has compelled most dispensaries to accept only cash, with ATMs being a frequent sight on the premises of dispensaries. Some dispensaries have designed systems which accept ATM or debit cards for making payments for purchases made. Columbia Care…

ThursdayJun 20, 2019 12:22 pm

Cannabis Drinks Expo to Feature More than 80 Global Exhibitors

Cannabis Drinks Expo will offer an opportunity to learn, network and source within the cannabis market Industry experts are expected to collectively examine the benefits of the burgeoning cannabis drinks category Special pricing on conference tickets ends July 10, 2019 Cannabis Drinks Expo by Beverage Trade Network is on the horizon, providing a gateway to the new legalized cannabis category. Taking place Thursday, July 25, 2019, from 9:00 a.m. to 5:00 p.m. at the South San Francisco Conference Center, the expo is expected to be the first event to give the global drinks industry the chance to convene and look…

ThursdayJun 20, 2019 11:47 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Celebrates Manufacturing, Distribution Permits as Latest California Cannabis Advances

TransCanna Holdings is working to establish 15 premium cannabis brands during the next two years in California, the world’s largest cannabis market TransCanna’s wholly owned TCM Distribution subsidiary is celebrating the recent acquisition of temporary manufacturing and distribution permits while continuing to seek state permits and permanent licenses The permits advance production efforts at TransCanna’s 10,000-square-foot satellite operation in Adelanto, California The City of Adelanto recently reduced taxes on cannabis transportation, lab services, cultivation enterprises and dispensaries TransCanna has signed an LOI to acquire Soldaze cannabis-infused fruit snacks, which has just added to its product line with a Spicy Mango…

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Month: June 2019