January 2020 - Page 7 of 9 - CannabisNewsWire

FridayJan 10, 2020 4:20 am

420 with CNW – South Dakota Marijuana Legalization Measure Cleared for 2020 Ballot

On Monday, the secretary of state’s office in South Dakota announced that a measure seeking to legalize recreational marijuana has qualified for the state’s November ballot. In September, the former federal prosecutor, Brenda Johnson, submitted the legislation which would permit people who are 21 years and above to possess and distribute a maximum of one ounce of cannabis. The measure also allows people to grow a maximum of three marijuana plants. The residents of South Dakota will be deciding on two separate measures during the November elections because last month, the secretary of state said that the campaign seeking to…

ThursdayJan 09, 2020 4:20 pm

420 with CNW – Overwhelming Demand Causes Recreational Weed Shortage in Illinois

During the first week of legal recreational marijuana sales in Illinois, tens of thousands of customers were seen queuing outside all except one of the nine dispensaries. The huge demand for weed has caused a supply shortage to hit the dispensaries and the owners are scrambling to respond. Speaking to Washington Post, the co-owner of a dispensary located on the North Side of Chicago, Bryan Zises, said that instead of having people wait outside in the harsh cold for hours to be served, Dispensary 33 requested the customers to share their cellphone number so that they can call them when…

ThursdayJan 09, 2020 12:41 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Holds Key Position as Edible Cannabis Market Opens Wide

Canada’s first nationally legal cannabis-infused edible products began hitting store shelves December 17, vastly broadening the market for products using the plant’s extracts Lexaria Bioscience has dedicated years of research to the development of its proprietary DehydraTECH technology, designed to enhance the effectiveness of orally consumed drug products such as cannabis as well as nicotine Testing of Lexaria’s 2.0 version of its DehydraTECH technology shows enormous improvement in the speed of payload delivery to the bloodstream, as well as the potential for delivering drugs across the body’s largely impenetrable blood-brain barrier to the central nervous system Canada’s regulatory innovations in…

ThursdayJan 09, 2020 4:20 am

420 with CNW – 3 Marijuana Trends Likely to Manifest in 2020

Marijuana consumers can attest to the fact that the modern marijuana experience is changing at lightning speed since they are experiencing the speedy growth firsthand. This is seen from the increased marijuana products being displayed on the shelves in dispensaries and the spread of marijuana reforms throughout the U.S. states, as well as the establishment of consumption lounges in selected locations. Besides, people should expect more changes in the marijuana sector in the near future. This year, some of the changes that will take place include the presidential elections and the Food and Drug Administration (FDA) colossal duty of regulating…

WednesdayJan 08, 2020 4:20 pm

420 with CNW – Why Law Enforcement May Not Be Ideal for Stamping Out the Marijuana Black Market

The illicit marijuana market is still thriving in California. A recent audit conducted by the United Cannabis Business Association in California showed that the number of illicit marijuana businesses is approximately 3,000. In June, Griffen Thorne wrote a post on the several ways the state can fight the thriving black market, which is a problem for the state economy as well as a threat to people's health. However, the state did not initially acknowledge the suggested methods of fighting the illegal market since, recently, the state announced a tax increase on marijuana products, which in turn raised the cost of…

WednesdayJan 08, 2020 1:43 pm

ChineseInvestors.com Inc. (CIIX) Offers Powerful Two-Pronged Strategy for Investors, Shows Promise in China’s Emerging CBD Sector

ChineseInvestors.com has become top financial-information website The company is also advancing its cannabidiol program CIIX offers investors multiple revenue streams, healthy return potential Based in San Gabriel, California, ChineseInvestors.com Inc. (OTCQB: CIIX) offers a proprietary financial-news media and content platform. The company has become a foremost financial-information website for Chinese-speaking investors in the United States and China. Via its main website – www.ChineseInvestors.com – CIIX offers an array of investor-education products and services. CIIX is also laying the foundation to capitalize on increasing demand for CBD (cannabidiol)-based nutrition and health products. CIIX’s investor-education products and services include real-time market commentary,…

WednesdayJan 08, 2020 12:23 pm

SinglePoint Inc. (SING) Finalizes Distribution Agreement, Debuts Premium Tobacco Product at World’s Largest Gathering of Cannabis Professionals

SING announces distribution agreement with JTI USA designed to grow market for PrimeTime Little Cigars SinglePoint debuts, takes orders for Little Cigars at preeminent marijuana business conference Global cigar market is currently $10 billion and forecasted to grow at a CAGR of 4.23% from 2019 to 2024 SinglePoint Inc. (OTCQB: SING), a company that specializes in acquisitions of small to mid-sized companies with an emphasis in new technologies, announced that it has inked a new distribution agreement with JTI USA that could significantly grow the footprint of PrimeTime™ Little Cigars throughout North America (http://cnw.fm/8J9zc). “I’m excited and honored to be working…

WednesdayJan 08, 2020 11:32 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Patented DehydraTECH™ Platform Increases CBD Tissue Absorption by 1,937%

DehydraTECH™ drug delivery platform achieved a 319% higher CBD blood concentration level at 60 minutes than the generic coconut oil formulation The technology can be used on the nicotine market, the pharmaceutical market, and the cannabinoid market No other company in the world has a patent for improved delivery of all non-psychoactive cannabinoids Partnership with one of the world’s largest tobacco companies with up to $12 million in Lexaria funding for clinical investigations and product development Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has launched a revolutionary technology that accelerates intestinal absorption of bioactive substances administered without the need for…

WednesdayJan 08, 2020 4:20 am

420 with CNW – 5 Mistakes Commercial Cannabis Producers Should Avoid

Marijuana is a profitable crop that is highly regulated, and growers must avoid the mistakes discussed below when establishing their commercial operations. This will enable them to produce high-quality yields and still adhere to the evolving regulations. Installing a growing system using equipment from various suppliers. Setting up your commercial marijuana facility will be difficult if you are ordering the equipment, such as benching, irrigation systems, and lighting from different suppliers. As a grower, you should make sure that your benches are well coordinated with your irrigation system. Similarly, the cooling system should be designed in a way that takes…

TuesdayJan 07, 2020 4:20 pm

420 with CNW – Virginia Governor Wants Marijuana Decriminalized in the State in 2020

On Friday, Virginia’s Gov. Ralph Northam announced that on top of his agenda for the 2020 General Assembly session is criminal justice reform and marijuana decriminalization. While listing his legislative priorities, the governor featured a decriminalization measure. Northam intends to make low-level marijuana possession punishable by a fine of $50 without additional jail time; however, his proposal does not specify the exact amount of marijuana that falls in this classification. His proposal also includes a provision seeking for expungement for people previously convicted of marijuana possession. In a press release, Northam said that residents of Virginia deserve to have access…

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Month: January 2020