April 2020 - Page 6 of 7 - CannabisNewsWire

MondayApr 06, 2020 4:20 pm

420 with CNW – How Cannabis Retailers Can Protect Themselves and Their Clients Amidst COVID-19

To reduce the spread of the Coronavirus, most governments have implemented lockdowns of varying degrees. People are encouraged to stay indoors unless they absolutely have to, public gatherings have been banned and all but the most essential businesses have been shut down for the time being. Essential businesses include supermarkets and grocery stores, pharmacies, and daycare centers. To the delight of the patients and over 200,000 employees who rely on the industry, the cannabis industry has been deemed essential by a number of states. Cannabis is quite effective against stress, anxiety, and depression, after all. On top of that, a…

MondayApr 06, 2020 12:45 pm

SinglePoint Inc.’s (SING) Solar Energy Subsidiary Continues Revenue Growth, Expands into New Markets as Demand Escalates

Direct Solar posts 2019 unaudited gross revenue numbers of $2 million SING expands solar services into two new markets: Minnesota and Wisconsin Business model enables expansion without significant operational start-up costs due to leverage from existing infrastructure SinglePoint Inc. (OTCQB: SING), alongside subsidiary Direct Solar of America, is expanding its solar energy services into additional markets as the company continues its impressive revenue growth. The expansion comes as SING works to meet increased customer demand for solar solutions for homes and businesses. SinglePoint recently announced 2019 unaudited gross revenue numbers for Direct Solar of $2 million. That total is based…

MondayApr 06, 2020 4:20 am

420 with CNW – Gov. Cuomo Says Marijuana Legalization Unlikely This Year

The road to marijuana legalization in New York has been long, and according to state Governor Andrew Cuomo, it likely won't end this year. As the budget deadline rapidly approached with no concession on how to close a $15 billion budget gap, Cuomo stated that marijuana isn't going to be part of the state's budget this year. This is the second year in a row New York legislators have removed marijuana legalization from the state budget. When asked about the chances of including marijuana legalization in the annual budget during his daily Coronavirus briefing, the governor stated that it is…

FridayApr 03, 2020 4:20 pm

420 with CNW – COVID-19 Could Add Impetus to Campaigns for Marijuana Home Cultivation

Patients and industry players alike have applauded the decision by numerous states to classify marijuana as an essential commodity, allowing medical and recreational marijuana stores to remain open. As the Coronavirus pandemic ravages the U.S., several state governments have implemented statewide lockdowns to curb its spread. People are to practice self-isolation and only head outside for essentials like food and medicine, and all but the most essential businesses have been ordered to close. They are also encouraged to wash their hands with soap and water or hand sanitizer regularly. The open businesses include supermarkets, pharmacies, and daycare centers, and they…

FridayApr 03, 2020 12:18 pm

ChineseInvestors.com Inc. (CIIX) Well Positioned for Burgeoning Industrial Hemp, CBD Oil Market

Industrial hemp market estimated at $4.7 billion in 2019, expected to grow 15.8% by 2027 Company plans to capitalize on convergence of CBD within nutrition, health products market CIIX uniquely positioned to target China’s consumer base of nearly 2 billion people as CBD oil market becomes more mainstream As the leading financial information website for Chinese-speaking investors in the United States and China, ChineseInvestors.com Inc. (OTCQB: CIIX) recognized early on the growing opportunity in the cannabis and industrial hemp industries. In a few short years the cannabis industry has grown rapidly and is expected to reach $2.1 billion in consumer…

FridayApr 03, 2020 4:20 am

420 with CNW – Cannabis Legalization Could Trigger Economic Recovery After Coronavirus Pandemic

The economic impact of the Coronavirus pandemic has been immense. Shortly after various states started implementing lockdowns to prevent the virus from spreading, businesses were feeling the pinch due to reduced sales. By this week, more than 3 million Americans have filed for unemployment, and the number may increase as the country has officially become the epicenter of the disease with over 185,000 confirmed cases. According to New York Governor Andrew Cuomo, the estimated loss of revenue for the state of New York stands between $10 and $15 million. The state is the epicenter of the outbreak in the U.S.…

ThursdayApr 02, 2020 4:20 pm

420 with CNW – Marijuana Prices Soar in Spain Due to COVID-19

Of the over 800,000 confirmed Coronavirus cases in the world, at least 100,000 are from Spain. The country has lost a little over 9,000 patients, and understandably, it has gone into lockdown mode to reduce the spread of the virus. This, coupled with regular hand washing and social distancing is the best way to prevent new infections. However, the economic impact of the lockdown has been immense. With all but the most essential businesses closed and a large number of people currently unable to work, the economy has been in a steady decline. The situation has also resulted in a…

ThursdayApr 02, 2020 12:08 pm

MCTC Holdings Inc. (MCTC) Introduces New EZ Hemp Product Line to Simplify Clean Infusion Techniques

Cannabis infusion technology innovator Cannabis Global dedicates its business production activity to developing clean infusion techniques for cannabinoid extracts, making it easier to manufacturer toxin-free food shelf items with cannabis’ benefits The company’s Hemp You Can Feel (TM) branded products utilize infusion technology that Cannabis Global is also making available to other companies on a white label basis to ensure the quality of their products Cannabis Global recently announced the rollout of its new EZ Hemp Infusions product line, which uses its 100 percent water-soluble technology to simplify the process of cannabinoid infusion with minuscule dosing The EZ Hemp Infusions…

ThursdayApr 02, 2020 4:20 am

420 with CNW – Marijuana Companies Donate PPE and Sanitizers to Healthcare Workers in COVID-19 Fight

Hand sanitizer has become one of the most precious commodities on the market right now. Three months after appearing in Wuhan, China, the Coronavirus pandemic has infected over 700,000 individuals and claimed at least 30,000 lives. Medical experts say regularly washing your hands with soap and water or sanitizer is the best way to avoid contracting the virus, alongside social distancing and self-isolation. However, panic buying coupled with an extremely high demand for hand sanitizers and personal protection equipment (PPE) has led to a shortage. And as the number of COVID-19 patients increases, we can expect more shortages, especially as…

WednesdayApr 01, 2020 4:20 pm

420 with CNW – Senate Housing Bill Proposes Protections for Marijuana Extractors

Marijuana has been illegal at the federal level for quite a while. It is the world's most used drug, and over the years, a lot of people have found themselves facing marijuana-related charges. However, more and more states have legalized marijuana in various capacities, and this throws into question how to treat people with marijuana-related convictions. Some are of the opinion that their records should be expunged and that individuals currently serving time for marijuana-related convictions have their rulings overturned. Most legal marijuana programs use part of the tax revenue from sales to address this, but there's still a long…

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Month: April 2020