NewsRoom Articles - CannabisNewsWire

TuesdayApr 23, 2019 4:20 pm

420 with CNW – Cannabis Legalization Not Linked to Increased Traffic Fatalities, Study Finds

According to a new study whose findings were released this month, there is no link between the legalization of marijuana and an increase in traffic deaths. This conclusion was arrived at by Andrew Young, a graduate student at Kansas State University after he analyzed traffic deaths data covering 23 years. Young used two different statistical models to assess how the change in cannabis policy and laws in different states has impacted road safety. The researcher concluded that the legalization of marijuana isn’t a significant predictor of fatalities on roads. This means that statistically, there is no proof that cannabis legalization…

TuesdayApr 23, 2019 12:04 pm

How CBD and Cannabis Companies Advertise without Google or Facebook

Every day we’re seeing new cannabis and CBD brands popping up with creative new products to appeal to today’s consumers. Although black market cannabis sales still exist, the recent legality of hemp and increased state-level acceptance of cannabis has lead to new businesses flooding the market. For the companies trying to take advantage of this increasing legal marketplace, getting their brand out there has been difficult. One of the main reasons is that Google, Facebook, and Instagram simply don’t allow paid advertising from industry brands. If you were to start a conventional online business selling clothing or jewelry, you could take…

TuesdayApr 23, 2019 10:47 am

ChineseInvestors.com Inc.’s (CIIX) CBD Biotech Introduces Hemp-Plant Extraction and Cosmetics at Expo in Hanoi

CIIX’s CBD Biotechnology Co. Ltd. explored new partnership opportunities at Vietnam Expo CBD Biotech exhibited self-branded, hemp-infused skin care line CIIX aims to build new markets for industrial hemp products throughout Asia ChineseInvestors.com Inc.’s (OTCQB: CIIX) wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., introduced its new efforts in hemp plant extraction and associated cosmetics at the 29th Vietnam Expo in Hanoi, which was held on April 10-13. The company exhibited its self-branded, hemp-infused skin care line, establishing CBD Biotech as one of the first companies in China to offer skin care products infused with hemp oil and hemp leaf…

TuesdayApr 23, 2019 9:00 am

The Cannabis Bonanza Has Just Begun

CannabisNewsWire Editorial Coverage: The cannabis industry presents a rare opportunity to profit from spectacular growth in a virtually untapped market. Legal marijuana market projected to reach $146.4 billion. United States and Canada current epicenter of cannabis growth. Brand recognition and retail reach imperative for market share. Capturing market share and creating long-term success in this explosive market will require brand recognition and retail reach. Shortly after posting its tenth consecutive quarter of increased revenues, Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) announced intentions to further expand its footprint with the acquisition of premier licensed cannabis retailer, City Cannabis Corp.…

TuesdayApr 23, 2019 4:20 am

420 with CNW – Nevada Dragged to Court Over the Issuance of Marijuana Licenses

The growing discontent among companies that weren’t selected to receive one of the marijuana business licenses issued by the State of Nevada has grown to an extent of lawsuits being filed against the tax department. A dozen companies have gone to court and want the state to be stopped from issuing more licenses until court decides whether the selection process was “capricious and violated the state constitution.” A total of six lawsuits have been filed, all alleging that no one knows what criteria was used by the state when selecting the cannabis companies to grant a license and which applications…

MondayApr 22, 2019 4:20 pm

420 with CNW – StatsCan Reveals that Cannabis Legalization Resulted in Canadian Weed Becoming More Expensive

Data released by Statistics Canada last week shows that after recreational cannabis was legalized in Canada on October 17, 2018, the price of legal marijuana increased by approximately 17 percent. However, the Canadians who are buying pot from the licensed suppliers are paying about 57 percent more for the product when compared to those who are getting their weed from the black market. Statistics Canada (StatsCan) arrived at these figures after collecting data from residents who were asked to volunteer information without any fear that they would be victimized for revealing their cannabis buying habits. This creative approach helped StatsCan…

MondayApr 22, 2019 12:40 pm

Cannabis Replacing Alcohol? Health Benefits and Advantages

The growing number of cannabis users and newcomers to the cannabis culture often wonder whether cannabis is a healthier substitute for alcohol. People are starting to ask themselves if it’s better to relax after a tough day at work with a drink in hand or a cannabis product. Studies observing the effects of cannabis versus alcohol have found that there is a good reason to choose cannabis over alcohol. Cannabis offers fewer health risks and can even lead to distinct health advantages thanks to its medical value. The Effects of Cannabis VS Alcohol Both alcohol and cannabis include psychoactive properties that…

MondayApr 22, 2019 12:14 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Advancing Adult-Use Profile in Canada, Medical-Use Options Internationally

The Supreme Cannabis Company is building on its motto to “simply grow better” by increasing flowering space, rolling out a new product line and entering international trade The company expects to begin limited distribution of a new proprietary cannabis oil line this month, with expanded reach by June, including a yet-to-be announced brand Supreme Cannabis’ subsidiary, 7ACRES, is a ‘Brand of the Year’ award recipient that will provide the input trim for the high-terpene, adult-use oil product line Premium cannabis producer The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is making final preparations for this month’s roll…

MondayApr 22, 2019 11:26 am

Worldwide Nutraceuticals Market Continues Rapid Growth, Global Consortium Inc. (GCGX) Positioned to Benefit from Positive Dynamics

Nutraceuticals market growth is anticipated to create new opportunities for companies that are already well-established in the industry Recently, Global Consortium announced the addition of a medical-grade nutraceutical division to its subsidiary, Infused Edibles The new nutraceutical formulas will be developed and tested at a California facility prior to hitting the market, with the first product expected to become available in June 2019 The global nutraceuticals market is anticipated to grow from $184.0 billion in 2015 to $302.3 billion in 2022, recording a CAGR of 7.04 percent for the period, according to an Allied Market Research report (http://cnw.fm/5CAn1). According to…

MondayApr 22, 2019 4:20 am

420 with CNW – Canadian Marijuana Consumers Unaware They Can Object to ID Scanning

Canadian law requires cannabis buyers to present a valid ID for verification before one buys recreational or medical cannabis. However, some retail stores are going a step further and scanning the IDs of their customers. Such scanning isn’t provided for in the law, and the stores doing so are using that information for their own purposes. For example, some may use the collected data to track buyer behavior. The danger in scanning cannabis buyers’ IDs is that there is still a lot of stigma attached to cannabis users. It would therefore be very damaging if the data collected by the…

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