Chris@CNW, Author at CannabisNewsWire

ThursdayJul 11, 2019 4:20 pm

420 with CNW – Possession Limits Increased for New Jersey Medical Marijuana Patients

Last week, Gov. Phil Murphy signed a bill that will expand the medical marijuana program of the state. One of the notable changes in the bill is that patients who could only possess a medical cannabis supply that can last 90 days can now legally possess a year’s worth of medical marijuana supplies. This change has been applauded by pro-marijuana advocates because it will reduce the inconveniences and costs associated with making frequent trips to a dispensary, especially for patients and caregivers will don’t stay near a provisioning center and those who have mobility challenges. The number of medical cannabis…

ThursdayJul 11, 2019 12:43 pm

City View Green Holdings Inc.’s (CSE: CVGR) Partner Announces Substantial Retail Expansion in Alberta Cannabis Marketplace

City View Green Holdings Inc. and Budd Hutt Inc. recently announced an agreement to acquire eight retail cannabis store locations in Alberta Investor Quinsam Capital provided an initial investment of $1.1 million as part of a loan arrangement with Budd Hutt Budd Hutt plans to establish a flagship location in Alberta to serve as a showpiece for the future of its proposed national retail chain City View Green Holdings Inc. (CSE: CVGR), a vertically integrated cannabis company, recently announced an exciting development occurring with retail partner Budd Hutt. The latter has entered into an agreement to significantly expand its footprint…

ThursdayJul 11, 2019 12:14 pm

Geyser Brands Inc. (TSX.V: GYSR) Strengthens Leadership with Key Appointments

Seasoned life sciences executive Dr. Bin Huang has been appointed to the Geyser board of directors Chartered Professional Account Gordon Clissold has been named chief executive officer Geyser Brands is entering into a definitive agreement for the acquisition of Solace Management Group, which will broaden the company’s range of CBD- and hemp-based products Geyser Brands Inc. (TSX.V: GYSR), a leading consumer health care company based in Vancouver, British Columbia, builds health-based hemp CBD consumer products in the worldwide nutraceutical, cosmetics, food & beverage and pet sectors. Recent pivotal appointments to Geyser Brand’s leadership team are expected to strengthen the company’s…

ThursdayJul 11, 2019 11:37 am

Willow Biosciences Inc. (CSE: WLLW) Developing Biosynthesis Platform for Production of Low-Cost, Pharmaceutical-Grade CBD

A joint development agreement signed with Noramco Inc., the world’s largest producer of chemically synthesized cannabinoids and pharmaceutical APIs, is expected to scale the development of Willow’s CBD biosynthesis program The collective market for CBD sales in the U.S. is expected to exceed $20 billion by 2024, while the cannabinoid-based pharmaceuticals market may reach $50 billion by 2029 Synthetic biology is expected to disrupt the cannabinoid industry supply chain, providing access to new and larger markets for CBD and related compounds Willow Biosciences Inc. (CSE: WLLW), a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (APIs)…

ThursdayJul 11, 2019 10:35 am

Growth of Organic Farming Providing Opportunities for Natural Biopesticide Companies Like MustGrow Biologics Corp. (CSE: MGRO)

Organic farming is forecast to grow at a CAGR of 8.4 percent through 2026, fueled by high demand and concerns about the use of traditional agricultural practices The organic pesticide market is also expected to expand, at a CAGR of approximately 14.9 percent through 2023 These market dynamics show that companies like MustGrow Biologics that specialize in biopesticides and biofertilizers could benefit from significant growth opportunities As the global organic farming market continues growing at a sustainable and consistent rate, new expansion opportunities emerge for organizations such as MustGrow Biologics Corp. (CSE: MGRO), an agricultural biotech company that develops and…

ThursdayJul 11, 2019 4:20 am

420 with CNW – Parachute Pill Invented in Michigan to Help Those Too High on Marijuana

An inventor in Michigan has invented a pill that is aptly called “Parachute” aimed at helping anyone who realizes that they are too high on marijuana to come down from that high. Steve Goldner, the founder of Pure Green, says that it can be dreadful when one consumes cannabis edibles and realizes when it is too late that what they have consumed has made them higher than they had intended to be. This is particularly possible since people who ingest marijuana orally take longer to notice the effects unlike those who use other modes of administration, such as smoking or…

WednesdayJul 10, 2019 4:20 pm

420 with CNW – Ontario Scientists Uncover Why Cannabis Seems to Affect Different Consumers Differently

Marijuana triggers a rewarding high in some people while the substance brings serious psychiatric effects when other people consume it. This contradiction in the way cannabis affects its consumers has baffled the scientific community and researchers from the University of Western Ontario in Canada appear to have uncovered the reason for this difference. The scientists suggest that how one is affected by marijuana may depend on which part of the brain is acted upon by the substance. For some people, the highly rewarding “high” they experience after consuming marijuana can increase their likelihood of becoming addicted to cannabis. For others,…

WednesdayJul 10, 2019 1:27 pm

After Growth in CBD Sector, ChineseInvestors.com Inc. (CIIX) Resumes Financial Consultancy Services for Chinese Community in the US

CIIX CEO forecast that the company’s sales will reach $11-12 million by 2020 during an interview with Redchip Money Report CIIX recently opened a hemp-based CBD product retail store in the Chinese-concentrated area of San Gabriel, California The company is geared up to concentrate on financial consultancy and related services targeted at the Chinese community in the United States Warren Wang, CEO of ChineseInvestors.com Inc. (OTCQB: CIIX), predicted during a recent interview with Redchip Money Report that the company’s sales will reach $11‑12 million by 2020 (http://cnw.fm/7GVoN). Wang further emphasized that though CBD had played an important role in the growth…

WednesdayJul 10, 2019 11:16 am

Sugarmade Inc. (SGMD) Focuses on Next-Generation Extraction Tech to Prepare Hemp Sector for Expected Crop Boom

SGMD aims to market next-generation hemp machinery and proprietary extraction technologies Hemp extraction and cultivation is a growing business, as the passage of the 2018 Farm Bill continues to result in rising demand SGMD plans to provide both legacy and new technology, including water-based sonification extraction, microwaves and other low-cost techniques and equipment Sugarmade Inc. (OTCQB: SGMD) plans to offer next-generation equipment and techniques to its customers that process and extract from industrial hemp to help meet what is anticipated to be a peak crop in 2019. To this end, SGMD was recently featured in a CannabisNewsWire analysis article discussing…

WednesdayJul 10, 2019 11:12 am

What Happens When You Combine Cannabis and Alcohol?

When consumed in moderation, there is nothing quite as relaxing as sipping on your favorite wine, brew or cocktail while enjoying the delicate flavors and aromas of cannabis. Perhaps a sign of true decadence, mixing cannabis and alcohol is an experience beloved by partying college students and open-minded adults alike. Yet, while the combination is known for inspiring moments of delightful conversation and euphoric bliss, there’s more to this match than meets the eye. Wondering what happens when you combine cannabis and alcohol? The two substances may act synergistically to produce unique effects in the human body. 1. Alcohol may…

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Author: Chris@CNW