NewsRoom Articles - CannabisNewsWire

MondayJun 24, 2019 12:30 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Well Positioned to Address Changes in Cannabis Product Regulations

In line with Health Canada’s amended cannabis regulations, Supreme Cannabis has reaffirmed its expanded product strategy Supreme Cannabis plans to debut a range of cannabis extract offerings, including vaping liquids, concentrates, oils and tinctures Health Canada’s amended regulations permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is prepared to meet Health Canada’s amended cannabis regulations, which include three additional types of cannabis products: cannabis edibles, extracts and topicals (http://cnw.fm/C4st8). The company’s strategy is to target premium brands, leverage its…

MondayJun 24, 2019 12:27 pm

3 Ways Cannabis Dispensaries Are Making Neighborhoods Better

Cannabis dispensaries have the ability to transform neighborhoods. If you live near a dispensary, chances are you know exactly what I mean. A nice, clean dispensary can not only do wonders for the aesthetics of a neighborhood but they also help patients and consumers in the surrounding area. Dispensaries are now considered to be legitimate entities not only in the eyes of state law but also in the eyes of a lot of the American public. However, sadly, there is still some debate occurring as to if dispensaries should be allowed in states that are grappling with creating regulatory systems…

MondayJun 24, 2019 11:19 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds C$10 Million in Funding to California Cannabis Asset-Building Effort

TransCanna Holdings closed a recent round of private placement funding with aggregate gross proceeds of more than C$10 million TransCanna will use the funding to help grow its statewide vertically integrated cannabis production and distribution efforts in California’s robust marketplace Following an extensive search, the company has named a general manager for its 196,000-square-foot hub facility that will serve up to five satellites Pending acquisition projects are expected to expand TransCanna’s asset and brand options in the state TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8), a company aiming to create and buy 15 premium brands in California, garnered aggregate gross…

MondayJun 24, 2019 4:20 am

420 with CNW – New York Marijuana Decriminalization Expands as Full Legalization Fails

As plans to legalize marijuana fully appear to have hit a dead end in the New York State legislature, the lawmakers have agreed to expand the decriminalization of the drug in addition to providing for the automatic expungement of low-level cannabis possession convictions across the state. On Thursday, Senators agreed to treat the possession of up to two ounces of cannabis as an infraction punishable by a $50 fine instead of regarding it as a crime. This measure marks a huge change in a state where thousands of residents have been caught on the wrong side of the law and…

FridayJun 21, 2019 4:20 pm

420 with CNW – Congress Votes to Stop Feds from Interfering in State Marijuana Programs

The House of Representatives has voted to block the Department of Justice (DOJ) from using its funds to enforce federal cannabis laws within states which have passed their own laws regulating recreational or medical marijuana cultivation, consumption and sales. This measure was one of the several amendments put before the floor for inclusion in the appropriations bill for Fiscal Year 2020. The measure, which expands an existing rider that protected medical marijuana programs, was approved on Thursday by a 267-165 vote. Marijuana industry advocates are convinced that the vote tally reflects the broad support for marijuana law reform, and this…

FridayJun 21, 2019 10:53 am

15 Essential Health Benefits of THC

Do we really need THC – the most widely recognized component of cannabis? This is the same compound that produces the “high” in cannabis. It has generated more than its fair share of critics, and many believe that the compound has no medicinal value at all. Yet, science has demonstrated this is far from the case. In conjunction with other cannabinoids, the molecule has been found to help people deal with mental and physical ailments. Not to mention many people find THC-rich products – when taken at just the right dosage – to be an effective supplement towards their everyday…

FridayJun 21, 2019 10:30 am

Green Hygienics Holdings Inc. (GRYN) Secures Hemp Sale Purchase Order with U.S. Tobacco de Mexico

Green Hygienics signed a purchase order for the sale of hemp flower to the Tijuana-based firm over the course of five years Hemp flower from Green Hygienics will be used in the U.S. Tobacco de Mexico production lines; U.S. Tobacco de Mexico has over 20 brands of CBD hemp cigarettes The partnership is in line with the Green Hygienics growth strategy; the company generates revenue through innovative product development, as well as through strategic partnerships and acquisitions Green Hygienics Holdings Inc. (OTCQB: GRYN) recently announced its entry into a multiyear purchase order for the sale of hemp to U.S. Tobacco…

FridayJun 21, 2019 10:02 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Starts Selling Cannabis Flower Commercially, Considers Wholesale Distribution

Sproutly Canada’s executive team recently announced the company’s first commercial sale of cannabis flower to another licensed producer in Canada The sale marks a major milestone for Sproutly as the beginning of a new revenue stream that is in line with the company’s strategic expansion plans Sproutly also announced that it is awaiting the receipt of a sales license, allowing the company to sell more wholesale craft flower under its new brand, Caliber Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) recently announced its first commercial sale of cannabis flower in Canada. Selling cannabis flower commercially to a recognized…

FridayJun 21, 2019 9:37 am

The Cannabinoid of the Future? Hemptown USA at the Forefront of CBG’s Rise to Prominence

Widely known as the “mother of all cannabinoids,” cannabigerol is believed to have multiple benefits and medical applications in areas such as autoimmune conditions, cancer, pain management, inflammation and more CBG oil’s market price in the U.S. is currently two to four times higher than the price of CBD oil As genetic advances lead to higher yields, CBG looks set to become a prominent part of the cannabinoid market Hemptown USA is working to ensure sustainable production of CBG and is positioned to produce about 40 percent of the North American supply of CBG in the near future Cannabigerol (CBG)…

FridayJun 21, 2019 4:20 am

420 with CNW – How Marijuana Legalization Law in Illinois Differs from All Others

If, as is widely expected, Gov. Pritzker signs a bill that was passed to legalize recreational cannabis in Illinois, the state’s legalization law will be different from all others in several aspects. First, Illinois will have defied the odds to legalize adult-use marijuana legislatively. All the other ten states have done so through voter initiatives. Lawmakers in New Jersey and New York at one time seemed poised to pass bills legalizing recreational marijuana but intraparty disagreements have torpedoed those plans. Another way in which Illinois’ law is unique is that it contains provisions which are aimed at promoting social equity…

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