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ThursdaySep 13, 2018 12:15 pm

Earth Science Tech, Inc. (ETST) Executes Perfect Timing for Uplisting as Feds Appear to Abandon Legal High Ground on Cannabis

ETST this week announced uplisting to OTCQB Venture Market FDA approved product containing cannabidiol (CBD) Congressional panel to vote on Cannabis Research Bill on September 13 DEA plans to quintuple amount of marijuana for research The official uplisting of Earth Science Tech, Inc. (OTCQB: ETST) to the OTCQB Venture Market (http://cnw.fm/c5tNj) on September 12, 2018, comes at a time when auspicious news graces the cannabis community. On Thursday, September 13, the U.S. House Judiciary Committee will vote on a bill to increase opportunities for research into the medical benefits of marijuana (http://cnw.fm/H4Mty). This follows a report that the Drug Enforcement Administration (DEA) plans to…

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ThursdaySep 13, 2018 11:53 am

NUGL Inc. (NUGL) Building Deep and Wide to Support Cannabis Consumers’, Companies’ Search Engine Needs

Despite ongoing federal disdain for cannabis market, state-by-state efforts driving $9.2 billion industry with $47.3 billion outlook NUGL’s new search platform exceeded company’s expectations during first month since launch, gaining followers on social media daily and hundreds of company profiles NUGL’s search engine drives beyond location, allows brand and service searches without granting any favored status Despite the U.S. federal government’s reluctance to legalize cannabis over the past several years or even encourage its use in scientific research, the medical marijuana industry has grown state-by-state and in other countries, along with a burgeoning acceptance of recreational marijuana use to such…

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ThursdaySep 13, 2018 11:21 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives More Patent Grants and Notices of Allowance

Lexaria’s DehydraTECH™ drug delivery platform promotes healthier ingestion methods The company continues to leverage its technology in new areas Lexaria was recently granted new Australian patents and new notices of allowance Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is a leader in enhancing the flavor, bouquet and gastro-intestinal delivery of edible cannabinoid consumer products. It has patents granted in the U.S. and Australia for applications of its DehydraTECH™ technology. Moreover, the company has many patents pending in over 40 nations. Lexaria Bioscience’s business strategy involves expanding the applicability of its technology within and beyond the cannabinoid sector. Recently upgraded to…

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ThursdaySep 13, 2018 9:00 am

The CBD Bonanza on the Horizon

CannabisNewsWire Editorial Coverage: Leveraging ever-expanding scientific evidence of the therapeutic efficacy of CBD (cannabidiol), specialty biotechnology companies are creating novel new formulations of the chemical compound to capitalize on the titanic growth expected in the cannabis-derived pharmaceutical and nutraceutical markets. Global medical marijuana market expected to exceed $55 billion by 2025 Global nutraceuticals market projected to surpass $319 billion by 2023 CBD pharmaceutical and nutraceutical companies poised to reap huge rewards Diverse CBD product lines provide competitive advantages Cannabinoids have been used for medicinal purposes for millennia, but it wasn’t until the discovery of the human endocannabinoid system in the…

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WednesdaySep 12, 2018 1:03 pm

Youngevity International, Inc. (NASDAQ: YGYI) Eyes Rapid Expansion as it Scales Up in Coffee and Cannabis

Enters $7.7 billion cannabis market with HempFX™ brand Signs $250 million contract to supply 41 million pounds of green coffee annually International expansion underway; direct marketers derive 50-75 percent of revenues from outside the U.S. With ventures in coffee and cannabis, Youngevity International, Inc. (NASDAQ: YGYI) is set for a scalability that is already impacting its financial performance. Over the past six years, the company has enjoyed a CAGR of over 40 percent, with revenues rising from $22 million in 2011 to $166 million in 2017. Now, that growth trend has been strengthened; with the launch of its HempFX™ brand,…

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WednesdaySep 12, 2018 12:24 pm

Medical Cannabis Payment Solutions’ (REFG) Platform Pays Cannabis Dispensaries Directly from Customers’ Bank Accounts

Legal environment for cannabis businesses remains uncertain Main Street banks and big tech avoid the cannabis space Leaving opportunities for fintech companies Reluctance by Main Street banks to provide traditional banking services to cannabis establishments has provided a cornucopia of commercial fare and opportunity for financial technology companies like Medical Cannabis Payment Solutions (OTC: REFG). The company is now offering ‘Green’, a FinCEN-compliant payment processing system for state-licensed cannabis establishments. Through the Green platform, patients are able to link their bank accounts and debit those accounts to purchase cannabis. Presently, most cannabis dispensaries are unable to obtain payment processing services…

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WednesdaySep 12, 2018 11:23 am

BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Delivers Single-Source Accountability in the Cannabis Market

BLOCKStrain is poised to lead the charge in providing accountability and transparency in the multibillion-dollar global cannabis market BLOCKStrain’s solution will help protect the intellectual property of cannabis cultivators – a service greatly needed in the burgeoning industry Pioneering into new market frontiers brings the need for innovation and regulation, and BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) addresses one of the newest and hottest industries in the marketplace – cannabis. BLOCKStrain, a full-service software company, stands out in the market as the developer of the very first integrated blockchain platform designed to register and track cannabis intellectual property from…

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WednesdaySep 12, 2018 9:00 am

Latest Farm Bill Developments Hold Out Hope for Hemp Farmers

CannabisNewsWire Editorial Coverage: After years of wrangling, the U.S. Congress stands on the verge of legalizing the cultivation of industrial hemp. Hemp is a variety of the cannabis sativa plant that doesn’t generate a psychoactive effect. Traditionally used to produce cloth and rope, hemp can also now be used in wellness products and food. Competing legislations by the House and Senate are being aligned with an anticipated September 30 deadline. The legalization of hemp has cross-party support and appears likely to pass. The expected change in U.S. law will be beneficial for companies such as Marijuana Company of America, Inc.…

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TuesdaySep 11, 2018 9:00 am

CBD Contributes to Continued Growth for Nutraceutical, Pharmaceutical and Cannabis Key Players

CannabisNewsWire Editorial Coverage: Cannabis companies are seeing substantial growth, with the popularity of cannabidiol (CBD) playing a significant part in their positive outlook. CBD is an active ingredient in cannabis. It can provide health benefits without the psychotropic effects of other cannabis chemicals. This has led to a growth in companies selling CBD treatments, sometimes alongside more conventional wellness products. Youngevity International, Inc. (NASDAQ: YGYI) (YGYI Profile) is one of these companies, having recently expanded its range of products to include CBD therapies for muscle pain, sleeplessness and mood improvement. GW Pharmaceuticals Plc (NASDAQ: GWPH) has created a CBD treatment…

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MondaySep 10, 2018 4:20 pm

420 Alert – Cannabis Shopping in the Age of Amazon: How Mail-Order Weed Could Impact Fledgling Canadian Market

The countdown to cannabis is fully underway, at least for our friends to the north. Canada will become the first G7 nation to fully legalize recreational marijuana for adult use in just 36 days and some change, but that doesn’t mean that everyone will be running out to their local dispensaries to load up on the green goodness. On the contrary, in today’s world of convenience, some reports have suggested that as much as a third of all recreational users in Canada will turn to online purchasing after October 17. How online deliveries can be adequately monitored to ensure that…

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