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TuesdayJul 23, 2019 4:20 pm

420 with CNW – More than 100 Cannabis Businesses Ask Congress to Consider Social Equity During Legalization

A coalition of more than a hundred cannabis companies and industry groups has sent a letter to Congress urging lawmakers to include social equity in any legislation that is proposed as a way of ending marijuana prohibition. The letter, sent on Thursday last week, asserts that the work of Congress will be incomplete if they only stopped at legalizing marijuana without going further to address issues of social equity. More specifically, the groups and associations that signed this letter express concern that the people who were worst affected by the War on Drugs are likely to be left behind as…

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TuesdayJul 23, 2019 12:21 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Stands for Responsible Cannabis Use; Is the Industry Taking Adoption Too Far?

As the legal marijuana industry continues to rapidly expand, regulatory bodies in the U.S. and other parts of the world are facing lobby pressure to ensure widespread adoption Companies like Lexaria Bioscience have opposed such developments to ensure responsible and safe introduction of legal cannabis products for medicinal and recreational use Current Lexaria corporate policies go beyond the legislative framework to deliver sensitive products to people in need while also protecting vulnerable community members The multi-million-dollar cannabis industry is growing rapidly. In the U.S. and other parts of the world, there has been a push for legislative changes and the…

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TuesdayJul 23, 2019 12:15 pm

The Top 12 CBD Myths and Misconceptions

It doesn’t get you high, but it’s causing quite a buzz among medical scientists and patients. The past year has seen a surge of interest in cannabidiol (CBD), a non-intoxicating cannabis compound with significant therapeutic properties. Numerous commercial start-ups and internet retailers have jumped on the CBD bandwagon, touting CBD derived from hemp as the next big thing, a miracle oil that can shrink tumors, quell seizures, and ease chronic pain – without making people feel “stoned.” But along with a growing awareness of cannabidiol as a potential health aid there has been a proliferation of misconceptions about CBD. #1 “CBD IS MEDICAL. THC IS RECREATIONAL.” Project CBD receives many inquiries from around the world and oftentimes…

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TuesdayJul 23, 2019 11:16 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Innovating in Cannabis Space, Closing on Acquisition

Supreme Cannabis is one of the world’s fastest-growing premium plant-driven lifestyle companies Supreme Cannabis has supply agreements in place throughout eight Canadian provinces The company gained advanced extraction infrastructure and expertise through its Blissco acquisition The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) maintains a diversified, international portfolio of distinct cannabis companies, products and brands. Since 2014, it has emerged as one of the world’s fastest-growing, premium, plant-driven, lifestyle companies. The company’s growth strategy includes key industry agreements and its wholly owned 7ACRES subsidiary. Based in Toronto, Ontario, Supreme Cannabis is working to be an innovator in…

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TuesdayJul 23, 2019 10:44 am

ChineseInvestors.com Inc. (CIIX) Introduces Equity Incentive Plan to Recruit, Retain Employees

The company’s 2019 equity incentive plan is designed to help it add and retain talented employees by leveraging equity participation incentives The plan is aimed at motivating individuals who perform services for CIIX CIIX CEO projected $11-$12 million in revenue for fiscal 2020 during an interview with Redchip Money Report ChineseInvestors.com Inc. (OTCQB: CIIX) CEO Warren Wang projected in a Redchip Money Report interview that CIIX’s sales will reach $11-$12 million in FY2020, the 12 months ending in May 2020 (http://cnw.fm/77jvY). The company has long been reaching a Chinese-speaking audience in the United States and Canada with investment information on…

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TuesdayJul 23, 2019 10:12 am

Grapefruit Boulevard Investments Inc. (IGNG) is “One to Watch”

Grapefruit holds a California manufacturing license which allow it to extract oil and manufacture edibles, topical products, capsules and vape cartridges. Grapefruit holds a California distribution license which allows it to broker all forms of cannabis products between growers and manufacturers and distributors, as well as to broker transaction between and among other licensed cannabis product distributors. Grapefruit owns a two-acre parcel of land in Coachillin’ Park which the Company will develop into an all-inclusive facility housing a large indoor grow operation, an extraction laboratory, an FDA-certified kitchen and a distribution hub. Cannabis marketplace in the U.S. projected to reach…

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TuesdayJul 23, 2019 4:20 am

420 with CNW – Second Marijuana Home Delivery Lawsuit Filed in California

East of Eden Cannabis Company, a state-licensed marijuana company in California, has filed a lawsuit against Santa Cruz County accusing the local government for violating the rights granted to the company by the state government. The company asserts that the state law allowing companies to deliver marijuana to any part of the state, including areas that opted out of hosting marijuana businesses, is being trampled upon by the enforcement of the rules passed by the authorities in Santa Cruz banning the delivery of marijuana into their jurisdictions. This lawsuit is the second on the controversy surrounding who should have the…

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MondayJul 22, 2019 4:20 pm

420 with CNW – Utah Picks Eight Applicants for Medical Marijuana Cultivation Licenses

The Department of Agriculture and Food in Utah has announced that it has selected eight applicants who will receive medical marijuana cultivation licenses as the state marches towards the implementation of a decision that voters approved during the elections last year but legislators later modified the ballot measure in what was called a compromise law. The selected medical marijuana cultivation license applicants are Dragonfly Greenhouse, Oakbridge Greenhouses, Harvest of Utah, Standard Wellness Utah, Tryke Companies Utah, True North of Utah, Wholesome Ag, and Zion Cultivars. The government’s statement unveiling the eight companies revealed that four of those eight companies have…

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MondayJul 22, 2019 2:17 pm

Sugarmade Inc. (SGMD) Tapping into Growing Hydroponic Supply Demand

Sugarmade continues to expand its operations into diverse marketplaces The company created an AI-based monitoring system to optimize agricultural yields Sugarmade is leveraging its hydroponic expertise regarding current market trends to further diversify revenue streams Sugarmade Inc. (OTCQB: SGMD), one of the industry’s largest publicly traded hydroponic supply companies, continues to expand operations into diverse marketplaces. What began as a small but innovative quick-service restaurant supply firm has grown into a multiproduct company. Sugarmade has seen success because it continues to invest in products, brands and industries with disruptive potential. This allows the company to expand across market sectors and…

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MondayJul 22, 2019 2:01 pm

Hemptown USA Acquires Leading Nutraceutical Manufacturing Facility

Oregon-based Kirkman Group is FDA-licensed and cGMP-certified The acquisition, part of Hemptown’s vertical integration strategy, will enable the company to make its immediate entry into the consumer packaged goods field The company has already acquired and planted 4.5 million hemp seeds in plots across three states Forecast high yields and the latest acquisition are expected to enable Hemptown USA to position itself as a leader in the rapidly expanding cannabinoid product market Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, is currently focusing on its rapid, vertically integrated growth within the lucrative cannabis industry. As a…

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