Chris@CNW, Author at CannabisNewsWire

MondayJul 15, 2019 12:40 pm

Golden Developing Solutions Inc. (DVLP) Completes First Phase of Vertical Integration

Golden Developing Solutions has strategically integrated its CBD-related services and ventures DVLP recently launched an online portal and websites to strengthen its online presence The worldwide legal cannabis market is expected to reach $146 billion by the end of 2025 Golden Developing Solutions Inc. (OTC: DVLP) has strategically integrated all functioning entities under one management roof (http://cnw.fm/vBr5G). This move is expected to add more structure to the company, as all divisions will be under the supervision of a central organization, leading to better growth and higher returns on investment. DVLP CEO Stavros Triant stated that all brands under DVLP will function…

MondayJul 15, 2019 12:06 pm

Earth Science Tech Inc. (ETST) Reports 66.4% Increase in Sales, 52.9% Jump in Gross Profits

ETST product sales rose to $770,635 for fiscal 2019, up from $463,108 in the previous year The company cited expanded distribution, increased customer awareness and rising demand for branded, high-grade, full-spectrum cannabinoid products as reasons for the improvement ETST’s cost of revenue rose as sales grew, but the company maintained a gross margin of 38.2 percent for the fiscal year Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, reported a 66.4 percent rise in revenues to $770,635 for the 12 months ended March 31, as compared to $463,108 for the same period…

MondayJul 15, 2019 11:25 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Named ‘Premier Edibles Brand to Watch’ by Technical420

Technical420 is bullish on aggressive growth as Plus Products expands into Nevada through a definitive agreement with TapRoot Holdings Entry into Nevada is forecast to be a growth driver for the company and a key step toward building an internationally recognized brand PLUS is also purchasing an option to buy cannabis oil producer Emerald Bay Wellness and the business assets of Emerald Bay Extracts Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), manufacturer and marketer of cannabis food products, was identified as a ‘premier edibles brand to watch’ in a bullish analysis by Technical420 that cites the company’s growth into Nevada…

MondayJul 15, 2019 4:20 am

420 with CNW – Group Announces Intention to Initiate Ballot Measure to Legalize Recreational Marijuana in Arkansas

A marijuana education and advocacy group in Arkansas has announced that it plans to file two petitions with the state government so that recreational marijuana can be legalized through a ballot measure. The second petition covers the expungement of marijuana-related convictions. Drug Policy Education Group (DPEG), the nonprofit planning the petitions, says that they had initially wanted to have both issues (legalization and expungement) in the same initiative. However, their legal advisors recommended that they submit separate petitions since it would be hard for the Attorney General to approve a petition which has a constitutional amendment within another proposed amendment.…

FridayJul 12, 2019 4:20 pm

420 with CNW – The Global Cannabis Market is Expected to Be Worth $66.3B by 2025

The global legal cannabis market size is predicted to reach $66.3 billion by the end of 2025. This market is expected to grow at a compounded annual growth rate (CAGR) of 23.9 percent within the years covered in the forecast. The increasing legalization of marijuana and the demand for medicinal marijuana is expected to be the key driver of this market growth. In the coming years, the growing demand for cannabis products in the treatment of various health conditions, such as Alzheimer’s, cancer, Parkinson’s, arthritis, and several neurological conditions is expected to boost the demand for marijuana as a pharmaceutical…

FridayJul 12, 2019 1:03 pm

MustGrow Biologics Corp. (CSE: MGRO) Shares Commence Trading on the Canadian Securities Exchange

The company has 25 million common shares issued and outstanding Canadian Securities Exchange trading began on July 10, 2019 The listing is anticipated to lead to new opportunities for MustGrow and its signature biopesticide and biofertilizer technologies The cannabis market is seen as a major opportunity for MustGrow technologies Agricultural biotech company MustGrow Biologics Corp. (CSE: MGRO) recently received Canadian Securities Exchange (CSE) approval for the listing of its common shares. The shares began trading on the CSE under ticker symbol ‘MGRO’ on July 10, 2019 (http://cnw.fm/Yrro9). The company has 25 million common shares issued and outstanding and 36.9 million on…

FridayJul 12, 2019 12:05 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Debuts Global Strategic Hemp Division, Organic Certification

TGOD is expanding into the global organic-hemp CBD market with its Global Strategic Hemp Division; the global CBD market is forecast to reach $22 billion in three years The company’s flagship Quebec facility received organic certification from Pro-Cert; the site is slated to reach more than 1.3 million square feet TGOD plans to enter the U.S. hemp-CBD beverage market through existing partnerships The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is entering the global hemp-CBD market by debuting its Global Strategic Hemp Division. The move will leverage the company’s expertise in the European hemp-CBD market across its established…

FridayJul 12, 2019 11:02 am

You’ve heard about CBD… What about CBDa?

Humans have a long history with the cannabis plant. Some experts suggest that it is one of the oldest cultivated agricultural crops. Both hemp seeds and flowers were reportedly once eaten by ancestral communities. Cannabis flowers were also included with other crude herbal preparations, such as beer and saffron, as early forms of medicine. While there is substantial evidence that cannabis was used in ancient cultures for its medicinal and psychoactive properties, the plant also provided a valuable source of nutrition. In fact, theorists suggest that foods and medicines may have been considered the same thing by many ancient cultures.…

FridayJul 12, 2019 10:12 am

Plus Products Inc.’s (CSE: PLUS) (OTCQX: PLPRF) Debentures, Warrants Begin Trading on Canadian Securities Exchange

On July 2, PLUS warrants and debentures began trading on the Canadian Securities Exchange under ticker symbols ‘PLUS.DB’ and ‘PLUS.WT’ The warrants and debentures were part of a brokered private placement that closed in February 2019, raising gross proceeds of C$25 million Plus Products is a San Mateo, California-based manufacturer and marketer of cannabis food products; it has grown from its California base into Nevada Plus Products Inc.’s (CSE: PLUS) (OTCQX: PLPRF) debentures and warrants from its brokered private placement that closed February 28, 2019, were listed, beginning July 2, on the Canadian Securities Exchange under ticker symbols ‘PLUS.DB’ and…

FridayJul 12, 2019 4:20 am

420 with CNW – Marijuana Justice Coalition Releases Statement on Principles for Ending Marijuana Prohibition

The Marijuana Justice Coalition, an entity that brings together different groups that want to see justice in all matters connected to marijuana, have released a statement in which they outline the principles that the federal government and Congress should bear in mind as they consider bringing an end to the prohibition of marijuana nationwide. The entities which signed this statement include Human Rights Watch, Center for Law and Social Policy, Immigration Legal Resource Center, Students for Sensible Drug Policy, Center for American Progress, Drug Policy Alliance, and NORML, among others. The group starts by remarking that marijuana prohibition has devastated…

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Author: Chris@CNW