NewsRoom Articles - CannabisNewsWire

FridayFeb 15, 2019 10:38 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Accepts Option to Buy Major California Site for Cannabis Operations

TransCanna Holdings has acquired an option to buy a Northern California site with a 196,000-square-foot facility and room for a potential 400,000-square-foot addition The existing facility has undergone $8 million in cannabis production-potential upgrades The company is contemplating the possibility of using the site for cannabis transportation, extraction, manufacturing, bottling, cultivation and nursery operations Emerging cannabis branding, transportation and distribution company TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) continues to actively develop its market profile for 2019 after recently accepting a Northern California real estate option agreement from the company’s CEO. The 6.5-acre site has a 196,000-square-foot facility, as well…

FridayFeb 15, 2019 4:20 am

420 with CNW – EU Parliament Votes to Support Medical Cannabis

On Wednesday (February 13), the European Union Parliament passed a resolution that will help to advance research into medical cannabis within the EU. This resolution comes hot on the heels of a recommendation by the World Health Organization (WHO) to reschedule cannabis internationally. While the resolution passed in the EU Parliament isn’t binding, it provides encouragement to EU member states to increase their citizens’ access to medical marijuana. The resolution also calls on member countries to prioritize research and clinical studies on marijuana. This resolution passed by the EU Parliament provides yet another voice in support of medical marijuana. The…

ThursdayFeb 14, 2019 4:20 pm

420 with CNW – Green Growth Brands Set to Open CBD Shops across the US

Green Growth Brands, a cannabis company headquartered in Ohio, has partnered with Simon Property Group to open at least 100 CBD shops in malls across the U.S. Simon Property Group is the biggest owner of malls in the U.S. John Rulli, the President of Simon Malls, revealed in a press statement that the shopping experience provided by Green Growth Brands was exactly what they are constantly on the lookout for, and that was why they were adding GGB shops in the malls owned by Simon Property Group. The two entities intend to work together to open a minimum of 108…

ThursdayFeb 14, 2019 2:23 pm

Green Hygienics Holdings Inc. (GRYN) Maintains Position in Cannabis Markets through High Grade Product and Hydroponic Innovation

Green Hygienics Holdings is well-positioned to meet the growing global demand for both medical and recreational cannabis The company’s multi-pronged approach involves making strategic acquisitions, cultivating the highest quality product and creating trusted global brands By utilizing aeroponic technology, the company’s crop yields are maximized using 90-95 percent less energy than competitors Green Hygienics Holdings Inc. (OTCQB: GRYN), a full-scope, premium cannabis cultivation company, is becoming an industry leader through its strategic development approach, which focuses on harvesting the highest quality product by using the latest advancements in agricultural science. Green Hygienics Holdings, which targets the high-end medical and adult…

ThursdayFeb 14, 2019 1:53 pm

Marijuana Company of America Inc. (MCOA) Promotes Brand During Super Bowl and Hollywood Events

February events have and will continue to provide the company with opportunities to increase its recognition amid Super Bowl and pre-Academy Awards gatherings Marijuana Company of America Inc. upgraded its market tier to the OTCQB Venture Exchange in December The company is aggressively pursuing a strategy of building a following for its hemp products by marketing to celebrities and pro athletes Amid the rise of the cannabis industry and the high degree of attention that consumers and investors alike are paying to the varied applications of the plant and its derivatives, Marijuana Company of America Inc. (OTCQB: MCOA) is raising…

ThursdayFeb 14, 2019 1:03 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTC: SPRWF) (FRA: 53S1) Continued Fiery Run Rate in Latest Fiscal Quarter

Company announced 359 percent revenue increase for Q2 2019 Supreme has expanded domestic distribution to eight Canadian provinces Company simplified trading in the U.S. with DTC eligibility Now that The Supreme Cannabis Company Inc. (TSX: FIRE) (OTC: SPRWF) (FRA: 53S1) has released the results of its operations for the three months ended December 31, 2018 (Q2 2019), it’s apparent that there’s more than meets the eye with ticker symbol ‘FIRE’. With revenues for the quarter climbing to a fiery run rate of $20.6 million, the company is now one of the top-eight publicly traded Canadian licensed producers. Its Q2 2019 revenue…

ThursdayFeb 14, 2019 12:27 pm

Earth Science Tech Inc. (ETST) Expands Distribution of Cannabidiol Line in Pharmaceutical and Healthcare Practitioner Spaces

ETST signs agreements for CannaBiz Deals and Desert Sun Distribution to sell its CBD line ETST expands sales team as it looks into product placement in health food stores, large chains and other establishments Company is launching a white-label initiative to enable other marketers to rebrand its full-spectrum cannabinoids line Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, as well as medical devices and hemp CBD products, is working to expand its product distribution through agreements with CannaBiz Deals and Desert Sun Distribution. The agreements outline distribution rights for ETST to sell…

ThursdayFeb 14, 2019 11:39 am

Growth Plans for The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Include Harvesting, Selling Premium Cannabis Seeds and Clones

Production of more than 3.2 million high-quality cannabis clones is expected once initial cultivation facility is complete Global cannabis market projected to reach nearly $155 billion by 2025 Expanded sales license from Health Canada received, permitting sale of genetic material The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer of premium cannabis products, plans to expand its product line by selling a selection of its premium, high-quality cannabis in clone and seed form to customers both at home and abroad. Company Co-CEO Tom Flow announced the venture in a news release that highlights Flowr’s emphasis on growing only…

ThursdayFeb 14, 2019 9:00 am

Vertical Integration Offers Profit Potential within Growing Cannabis Industry

CannabisNewsWire Editorial Coverage: As the cannabis industry continues its impressive growth, acquisitions are leading to greater vertical integration. Companies within the cannabis sector are acquiring other organizations to benefit from valuable specialist knowledge and skills. Such deals allow vertically integrated value chains, as have also been applied in industries such as coffee production. This comes amid wider growth in the sector, which is drawing substantial outside investment. Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is following the vertically integrated model, having recently acquired a company specializing in cannabis processing machinery. Tilray Inc. (NASDAQ: TLRY) is expanding its Canadian production facilities…

ThursdayFeb 14, 2019 4:20 am

420 with CNW – Consolidation Starts Taking Shape in the US Cannabis Industry

Like any emerging industry, the cannabis industry has reached that time when consolidation starts taking place. Several reasons have made such a step inevitable. First, way too many businesses rush to get licences in each state that legalizes recreational or medical marijuana. Not all those businesses that open are likely to succeed, so it is only logical that the ones not doing well get gobbled up by those that are having a better run in the market. Secondly, too many companies in a restricted marketplace trigger a rush to the bottom. The different pricing models adopted to get an edge…

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