March 2021 - Page 2 of 7 - CannabisNewsWire

FridayMar 26, 2021 4:20 pm

420 with CNW — How Data Analytics Is Proving Invaluable in the Marijuana Industry

After decades of prohibition, marijuana is finally legal in some form in more than 30 states. The industry has made impressive progress, creating thousands of job opportunities and providing states with millions of dollars in much-needed tax revenue. With Democrats now controlling the Senate, House and White House, the country may see lawmakers pass federal cannabis legislation in the next few years, removing most of the roadblocks that have kept the industry from advancing and ensuring its growth. Aside from access to financial service, one factor that will redefine the industry as it grows and matures is data analytics (“DA”).…

FridayMar 26, 2021 4:20 am

420 with CNW — First On-Site Cannabis Consumption Lounge to Open Soon in Illinois

The state of Illinois’ marijuana market is booming with data showing that last year the state sold more than $1 billion worth of legal marijuana both from recreational and medical marijuana purchases. Projections indicate that those sales figures will only keep growing as the market grows and consumption of marijuana products increases. Currently, officials in the state are rolling back on the rules and restrictions that were imposed at the height of the COVID-19 pandemic to help control the virus spread. With vaccines being rolled out, more and more bar and restaurant operators are launching new projects. One of these…

ThursdayMar 25, 2021 4:20 pm

420 with CNW — Delaware Legislators Introduce Bill to Legalize Marijuana

States that have legalized cannabis have seen lots of benefits, including the creation of thousands of jobs and millions of dollars in tax revenue. On top of that, most states have also focused on social equity, expunging the records of people with prior nonviolent cannabis-related convictions and giving individuals affected by the failed war on drugs a leg up in their respective cannabis industries. That is what a bill recently introduced by Delaware lawmakers seeks to achieve, despite the fact that the state governor isn’t a fan of recreational marijuana. The legislation would create a regulated cannabis market in the…

ThursdayMar 25, 2021 12:04 pm

Green Hygienics Holdings Inc. (GRYN) Offers Ideal Source for Long-term Clinical Research Studies

Company owns largest single USDA-certified, organic hemp for CBD farm in North America with 824 acres, 400,000 square feet of greenhouse space GRYN registered with U.S. Food and Drug Administration in August last year Company has capacity to deliver large volume supply chain of premium quality product while remaining compliant for research or regulatory approvals With a goal of being the leader in both compliance and capabilities in the hemp and cannabinoid supply market, California-based, innovative, technology-driven company Green Hygienics (OTCQB: GRYN) is committed to offering the highest-quality and safest products available. GRYN owns and operates the largest single USDA-certified,…

ThursdayMar 25, 2021 9:00 am

Womxn, Wellness and Cannabis Conference Returns for Second Year

Award-winning cannabis marketing and PR firm, Marigold PR, announces the second annual Womxn, Wellness and Cannabis Conference (WWC Conference) will take place May 26 - 27, 2021. As the largest free global event connecting women in cannabis and psychedelics, the WWC Conference provides a unique opportunity to network with, and learn from, industry trailblazers in an inclusive, fun and educational online environment. This year’s conference will feature a series of expert panel discussions, keynotes and live Q&As, led by female thought leaders from across the emerging markets. Hosted in celebration of the feminine cannabis and psychedelic experience, the virtual conference…

ThursdayMar 25, 2021 4:20 am

420 with CNW — Florida Legislators Consider Limiting Potency of Medical Cannabis

A legislation whose objective is to limit the amount of THC found in medical marijuana may soon advance to the house floor, despite opposition from medical professionals. Republican Rep. Spencer Roach, who sponsored the legislation, stated that the goal of House Bill 1455 was to regulate the medical marijuana industry in the state of Florida. The bill would not only impose advertising restrictions on physicians who administer medical marijuana but also limit the amount of marijuana a treatment center could dispense over a particular period of time. One provision in the measure that seems to be drawing the most resistance…

WednesdayMar 24, 2021 4:20 pm

420 with CNW — Key Congressman Reveals Cannabis Banking Will Be Handled Before Legalization Is Considered

America’s state-legal cannabis industry has had quite a run, creating thousands of job opportunities, providing states with millions of dollars in tax revenue, and changing the lives of thousands of individuals with prior cannabis-related offenses. Despite achieving so much in a relatively short time, the sector has a lot stacked against it due to its status as a controlled substance at the federal level. One major challenge the industry has faced so far is lack of access to financial services, as banks and lending institutions shy away from working with cannabis businesses. According to a Congressman who has been an…

WednesdayMar 24, 2021 3:29 pm

USA CBD Expo Optimistic About Resuming In-person Trade Show Gatherings at Atlanta Event

Scheduled as an in-person event June 11-13 Responsive to the COVID-19 pandemic with physical spacing and health strategy Set in the heart of Atlanta’s Southern metropolis, in a state where medical marijuana has been legalized while neighboring states lag behind More than 30 CBD and hemp industry-aware speakers on board, with more than 50 speakers anticipated A floor plan suited to 300-plus SMB vendors Exclusive opportunities for industry buyers and sellers to connect Media exposure through event partners and attendees Tickets specific to attendees’ needs — whether general admission or in varied industry professional roles The United States’ largest cannabidiol…

WednesdayMar 24, 2021 2:28 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Raises $1.34 Million, Keeps Foot on Expansion Accelerator as a Premium Brand

Pac Roots has differentiated its hemp product, resulting in sale of all 105,000 pounds of industrial hemp from its first harvest in December Pac Roots has made series of business development moves lately, expanding its footprint in Canada, into U.S. Positive developments supported private placement in February that raised gross proceeds of $1.34 million, capital that will be used to keep growing the company After what could be described at best as a lull from 2019 through mid-2020, the legal cannabis industry has found its legs again on optimism that the current U.S. administration will shepherd in increasingly liberal standards…

WednesdayMar 24, 2021 12:31 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Plans Expanded Product Launch, Announces Order of 30,000 Vape Cartridges

Company recently submitted NNCP application for more than 20 retail cannabis products Vape products will launch as part of Pure Pulls Vapes branded product line Demand is growing for these types of offerings, particularly in Albert, British Columbia, Ontario and Saskatchewan With an e-cigarette market projected to reach more than $1.1 billion in 2021 with steady annual growth estimated at 4.83% through 2025 (https://cnw.fm/JZtOd), the recent order of more than 30,000 high-quality vape cartridges and pens by Pure Extracts Manufacturing Corp. (“Pure Manufacturing”) seems particularly well timed. Pure Manufacturing is a wholly owned subsidiary of Pure Extracts Technologies (CSE: PULL) (OTC:…

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Month: March 2021