Chris@CNW, Author at CannabisNewsWire

WednesdayOct 24, 2018 10:37 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives Two US Patents, Bringing Total to 10 in First Patent Family across US and Australia

The two new patents are related to certain cannabinoid-infused beverage compositions using LXRP’s DehydraTECH technology Globally, LXRP has filed some 50 patent applications as the company expands its IP portfolio; LXRP hopes to receive two more granted patents from Australia by year end, giving it 12 in total LXRP out-licenses its technology, which promotes healthier and faster ingestion; the company seeks accelerated patent application examinations in Australia based on the U.S. patents Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has been granted two new U.S. patents based on cannabinoid-infused beverage compositions using its DehydraTECH ingestion technology platform. The company is…

WednesdayOct 24, 2018 9:00 am

Changing Attitudes in Washington Offer Promise for Hemp and Cannabis Market

CannabisNewsWire Editorial Coverage: Legal changes could soon make transacting business easier for the cannabis industry. Reports indicate that the president plans to reform cannabis laws, making commerce easier for businesses working in states with legal markets. Reforming the law could improve the position of companies working with cannabidiol (CBD) as a food additive and industrial hemp. Hemp and CBD are now large segments of the cannabis sector. These anticipated legal changes are part of a wider international shift. One of the companies that may benefit from changes in the United States is Marijuana Company of America, Inc. (OTC: MCOA) (MCOA…

WednesdayOct 24, 2018 4:20 am

420 with CNW – Ohio Still Unsure How Medical Cannabis Cash Will Be Safeguarded

A lot of cash is expected to flow when Ohio legalizes medical marijuana towards the end of 2018 or early next year. However, all that expected cash is causing serious concerns since financial institutions like banks and credit unions are reluctant to offer banking services to cannabis businesses. The reluctance of the banking sector stems from the fact that the federal government still regards marijuana as an illegal substance. Consequently, money laundering and other federal charges could be imposed on any financial institution that does business with a cannabis enterprise (dispensary) that is legal at state level. Ohio expects the…

TuesdayOct 23, 2018 4:20 pm

420 with CNW – New Research Proves that there is More to Marijuana than THC and CBD

There is an assumption among marijuana consumers (for medical or recreational purposes) that the variations in the effects they get from the different cannabis strains are a result of variations in the THC (tetrahydrocannabinol) and CBD (cannabidiol) concentration in those strains. However, a new study has revealed that such a perception may not be a full reflection of what is going on. The University of British Columbia-based researchers studied 33 strains of both Sativa and Indica strains of cannabis and found that there was little variation in their CBD or THC content. However, the different strains varied widely in terms…

TuesdayOct 23, 2018 11:45 am

GreenBox POS, LLC’s (GRBX) TrustGateway Blocks Fraud with Blockchain

Bankcard fraud to cross $6 billion in 2018 TrustGateway blockchain technology uses biometrics to block fraud System under consideration by two major U.S. commercial banks The maturation of ecommerce has been a boon to consumers everywhere, turning the world into one global marketplace. Now, though you live in America, you can order goods from China; you can shop on Amazon even though you live in the Himalayas (http://cnw.fm/7eiMW). Naturally, such trade involves customer-not-present (CNP) transacting, which is providing great opportunity for fraud. CNP fraud accounts for 70 percent of card fraud (http://cnw.fm/d45Hg). For 2018, it is projected to reach $6.4 billion in…

TuesdayOct 23, 2018 10:59 am

American Premium Water Corp.’s (HIPH) Initial Price Target Revised Upward

SeeThruEquity revised its initial price target for American Premium Water on the basis of new company developments and strategic market positioning The launch of LALPINA Hydro CBD and the subsequent distribution of the product will enable the company to enter the rapidly-growing CBD market New research report suggests that CBD market could grow to an astounding $22 billion by 2022 American Premium Water Corp. (OTC: HIPH) announced on October 10, 2018, that independent equity research firm SeeThruEquity has revised its initial price target upward. The revision corrected the original $0.15 target to $0.30, the company said in a press release (http://cnw.fm/cmQ4j).…

TuesdayOct 23, 2018 9:56 am

Golden Developing Solutions, Inc. (DVLP) Keeps Cannabis Consumers and Vendors Connected Via Intuitive Pre-Purchase App

Robust user activity of more than 76,000 orders noted using pre-purchase app available on newly acquired subsidiary, Where’s Weed Monetary value of orders placed via app online with Where’s Weed and its mobile cannabis service hub surges past $12.6 million Consumer demand for cannabidiol (CBD) products could generate market worth $22 billion by 2022 Wholly owned subsidiary Pura Vida Vitamins offers hemp and CBD-related products in addition to other health and wellness products Golden Developing Solutions, Inc. (OTC: DVLP), an emerging leader in the rapidly expanding cannabis and cannabidiol (CBD) marketplace, offers consumers an important, intuitive option when it comes…

TuesdayOct 23, 2018 9:00 am

Cannabis Stocks Defy Gravity During Market Plunge

CannabisNewsWire Editorial Coverage: In the recent broad stock market sell-off, one sector resisted the market plunge. Cannabis stocks shined during the market rout. Global cannabis market is expected to exceed $146 billion by 2025. Cannabis market analysts predict CAGR of 34.6 percent during next seven years. Cannabis markets spawn dynamic ancillary businesses. Multiple marijuana stocks shined in the sea of red during mid-October’s rout, racking up gravity-defying gains. The sizzling sector is sending signals of being uncorrelated with markets that are driven by the imperatives of institutional traders. Being untethered from the vagaries of institutional intentions is most likely advantageous…

TuesdayOct 23, 2018 9:00 am

Direct Selling Returns as Functional Cannabis Foods Fare Well Amid Landmark Legalization

CannabisNewsWire Editorial Coverage: All eyes are on Canada and the burgeoning North American cannabis market as the flood gates open and nationwide recreational legalization north of the U.S. border throws the recent $47.3 billion by 2027 forecast from Arcview Market Research into clear relief. Historic end of cannabis prohibition creates unprecedented market forces CBD could outpace broader market Direct selling in the digital age more relevant than ever Overlapping cultural vectors among core wellness and cannabis consumers Biopharma potential immense, nutritional potential immediately accessible commercially Already running hot at $9.2 billion last year, the North American cannabis market appears to…

TuesdayOct 23, 2018 4:20 am

420 with CNW – Analysts Predict the Medical Cannabis Industry Will Out-Earn the Recreational Market

While the world is still marveling at the bold step that Canada took to legalize recreational marijuana and the resources that the recreational market is likely to command with that legalization, analysts are suggesting that the real money is most likely to be made in the medical cannabis arena. The medical cannabis market is predicted to be worth approximately $50 billion by 2025. This is a huge jump from what the value of the medical cannabis market was in 2017 (just over $8 billion). The huge potential for the medical marijuana takes on a bigger positive outlook when one considers…