NewsRoom Articles - Page 194 of 606

FridayApr 22, 2022 9:00 am

Hero Technologies Inc. (HENC) Looks to Expand as States Report $3.7B in Cannabis Recreational Tax Revenue in 2021

MPP report notes that states with legalized marijuana for adult use generated $3.7 billion in tax revenue from recreational cannabis sales HENC is looking to leverage its cannabis expertise in more of these states Company is aggressively pursuing expansion into Colorado, Massachusetts A new report reveals that states with legalized recreational marijuana collected an estimated $3.7 billion in tax revenues last year (https://cnw.fm/xP9p5). That news bodes well for savvy players in the legal cannabis space, including Hero Technologies (OTC: HENC), as states are often eager to support revenue sources. “States that have legalized marijuana for adult use collectively generated more than…

FridayApr 22, 2022 4:20 am

420 with CNW — International Poll Indicates Most Europeans Favor Cannabis Legalization

Even though most territories across the world have outlawed cannabis for decades, the controversial plant has consistently been one of the most-used drugs on the planet. Now that support for drug reform is sweeping the globe, it is becoming clear that a growing number of people around the world are in favor of legalizing marijuana. A new poll has found that just as in North America, a significant percentage of Europeans support cannabis legalization. The study comes as more and more European countries are considering lifting prohibition policies and allowing medical and even recreational marijuana. Partly sponsored by Curaleaf International,…

ThursdayApr 21, 2022 4:20 pm

420 with CNW — Marijuana to Add Approximately $100B to American Economy This Year

Despite being prohibited by federal law, cannabis has quickly become one of the most lucrative industries in the country. After only a few short years of legalization, the state-legal marijuana industry has generated billions of dollars in sales and filled state coffers with billions of dollars in cannabis sales taxes. Furthermore, the industry has created more than 300,000 new job opportunities across the country. Cannabis was one of the few industries considered essential at the start of the coronavirus pandemic, and it managed to consistently break sales records while other sectors struggled to keep their doors open. With lawmakers considering…

ThursdayApr 21, 2022 9:30 am

The Southeastern Hemp & Medical Cannabis Convention, Helping to Shape The Future Of The Industry

Cannabis growers, traders, businesses, researchers, processors, testing laboratory personnel, facility management, and investors, are all invited to attend the SHMC (Southeastern Hemp & Medical Cannabis) Convention being held from the 12th to the 14th of May, 2022, at the Cobb Galleria Centre, Two Galleria Parkway, Atlanta, Georgia. The event, also to be streamed online for worldwide access, is organized by Organa Kannalytics LLC. The SHMC offers a robust platform for startups and industries to identify novel avenues of growth in this dynamic and budding industry. This convention attracts a vast profile of attendees from varied industry verticals seeking investment and business…

ThursdayApr 21, 2022 9:30 am

Boost Your Cannabis Business in Medellin as BizCann Expo Brings The Best Cannabis Services Together, Under One Roof!

Cannabis entrepreneurs, brand owners, and enthusiasts are all invited to the next edition of BizCann Expo in Medellín, Colombia this May 21-22nd 2022. Having hosted some phenomenal trade shows in numerous cities of the US, BizCann Expo is happy to announce their upcoming event in Medellin, helping local businesses expand and discover global avenues. BizCann Expo is the perfect launchpad for unique business ideas, sharing innovations with industry peers and leaders, as well as discussing the various aspects and strategies for successful cannabis trading. Attendees can showcase their products and services with exhibitors, and those with in depth knowledge of…

ThursdayApr 21, 2022 4:20 am

420 with CNW — American Marijuana Consumers See Investment Opportunities in European Cannabis Sector

According to a survey conducted by Bloomwell Group, a medical cannabis holding company, consumers of marijuana in the United States believe that the widely anticipated legalization of recreational cannabis in Germany will create great opportunities for investment, travel and trade. The survey found that 80% of American cannabis consumers were convinced that great investment opportunities exist in marijuana companies. Six in ten individuals surveyed also revealed that they would invest in European-based marijuana stocks. The new coalition government in Germany made up of the SDP party, the Greens and the FDP party announced last year that adult-use marijuana would be…

WednesdayApr 20, 2022 4:20 pm

420 with CNW — DEA Admits Less Mexican Marijuana is Getting into US Because of State Legalization

In a new report presented to Congress, the U.S. Drug Enforcement Administration reveals that as more cannabis is produced domestically, smuggling from Mexico is being undermined. These comments are part of the federal agency’s Fiscal Year Performance estimates for 2023. In that report, the DEA talks about what it is doing to boost marijuana research, including ending the monopoly of Mississippi University in producing cannabis for federally sanctioned research projects. While the DEA wasn’t forthright in admitting that most U.S. residents are now opting for legally produced marijuana within the country, it did indicate that domestically produced cannabis had outmuscled…

WednesdayApr 20, 2022 9:30 am

O’Cannabiz International Conference and Expo to Feature a Retail Summit and Awards Gala

The wait is finally over. Following last year’s rescheduling due to the pandemic, Canada's premier cannabis event is set for June 1-3rd. On its return to Toronto, the O’Cannabiz International Conference and Expo will feature a VIP Conference, the 3rd annual Awards Gala, and a Retail Summit. To register, visit the following link: https://ocannabiz.com/toronto/register. O’Cannabiz will take place at the International Center in Mississauga, Ontario, Canada. The event is expected to host more than 3,500 attendees and over 180 speakers. The O’Cannabiz VIP Conference is set for June 1st and has a pool of influential speakers such as Derrick Berney,…

WednesdayApr 20, 2022 9:30 am

Hero Technologies Inc. (HENC) Eyes Passage of Marijuana Act as Plans Include Expansion into Colorado, Massachusetts

U.S. House passes key cannabis bill to remove cannabis from federally banned substances A 2021 Pew Research Center poll indicates 91% of Americans agree that either medical or recreational cannabis use should be allowed HENC plans to expand into two states — Colorado and Massachusetts — that have legalized cannabis For the second time, the U.S. House of Representatives has passed a bill designed to end the federal ban on marijuana, which a Reuters article says has “created legal headaches for users and businesses in the states that have legalized” the substance (https://cnw.fm/guV9E). The bill now heads to the Senate,…

WednesdayApr 20, 2022 9:15 am

Flora Growth Corp. (NASDAQ: FLGC) Celebrates Finalization of Colombian Cannabis Export Protocols

Global cannabis brand Flora Growth Corp. is enjoying new opportunities for supplying its Colombian-grown high-THC and high-CBD flower to international markets, thanks to the finalization of regulatory framework allowing legal cannabis exports from the South American country Flora Growth is authorized to export non-psychoactive cannabidiol (“CBD”) products as well as up to 43,600 kg of products with high-tetrahydrocannabinol (“THC”) psychoactive cannabis content Flora Growth’s Cosechemos cultivation facility in central Colombia is currently capable of producing 600 kg of dried cannabis daily, as well as over 10,000 kg of cannabis derivatives annually under EU-GMP guidelines During the past 10 years, the…

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