NewsRoom Articles - Page 263 of 591

MondayMay 03, 2021 11:26 am

SRAX Inc. (NASDAQ: SRAX) Hosts First-Ever Sequire Cannabis Conference Featuring 40 Company Presentations, Exclusive Keynote Interviews

SRAX held first-ever virtual Sequire Cannabis Conference on April 20, 2021 Event featured over 40 cannabis company presentations, keynote appearances by Steve DeAngelo, Dr. Sue Sisley, Emily Paxhia, Steven Hawkins, Dr. Jeffrey Chen Sequire provides data analytics tools that help public companies track investor activity, such as investor tracking, warrant management, shareholder surveys Sequire has grown to over 3 million users across 183 companies since 2019 SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, recently held its first-ever virtual Sequire Cannabis Conference on April 20, 2021 (https://cnw.fm/cbxjK). Nearly one…

MondayMay 03, 2021 4:20 am

420 with CNW — Ways Marijuana Extraction Companies Can Minimize Energy Costs

Power costs are among the highest costs for any facility that manufactures marijuana. The cannabis industry’s energy consumption has a negative effect on climate change as well as the environment. For environmentally conscious marijuana extraction companies that would prefer to operate in a more sustainable manner, decreasing energy use should be a top priority. To decrease their power consumption and costs, marijuana extraction companies can: Make use of manufacturing environmental standards that increase efficiency and decrease waste. Use equipment that keeps power consumption under control. Operate their machines during off-peak hours when electricity costs are lower. The above tips sound…

FridayApr 30, 2021 4:20 pm

420 with CNW — Montana Senate Passes Cannabis Legalization Bill

Montana is one step closer to allowing recreational marijuana after the State Senate approved a bill that would legalize adult-use cannabis. The legislation first began its journey as MT Initiative 1-190, and it was approved by voters in the 2020 ballot alongside MT Initiative 118, which set the legal age for marijuana consumption at 21. Initiative 190 would create a legal framework for the production and sale of marijuana products to adults in the state. Now that the bill passed its third reading in the State Senate, it will go through one more Senate reading before heading back to the…

FridayApr 30, 2021 4:20 am

420 with CNW — California Nonprofits Secure Funding from Cannabis Sales

Nonprofits in the state of California are receiving a funding boost from a surprising source — the sale of marijuana. For the past couple of years, California has allocated some of the taxes and fees collected from cannabis businesses to a grant program targeting community-based organizations serving populations that have taken the brunt of the failed war on drugs. At the moment, almost $100 million has so far been awarded as grants to nonprofits, and this funding is expected to reach $175 million by May. A typical example of the beneficiaries of this funding is Fathers & Families of San…

ThursdayApr 29, 2021 4:20 pm

420 with CNW — Governor of Connecticut Asks for Cannabis Legalization Advice from New Mexico Governor

Connecticut Gov. Ned Lamont recently asked the governor of New Mexico, Michelle Lujan Grisham, how she managed to get a legal marijuana measure approved in the state’s legislature earlier this month. Lamont is currently working on growing support among legislators for his proposal to legalize cannabis in the state of Connecticut. In a podcast interview, Grisham stated that she told her Connecticut counterpart that separating legalization from associate social justice measures would make it easier to approve both. She explained that it was problematic to put the weight of legalization and social justice proposals on a single new industry approach.…

ThursdayApr 29, 2021 12:01 pm

Ryah Group Inc. Uses Big Data, AI to Reshape Plant-Based Medicine

RYAH recognizes the value data combined with analytics can bring to almost every industry. Company focused on becoming a technological leader in the plant-based treatment market. RYAH’s easy-to-operate line of products help foster a seamless dose-control experience that generates insightful data. A recent Forbes article called it the “oil” of the fourth industrial revolution (https://cnw.fm/VKdtU) while a Gartner article noted it was a core function for businesses focused on success in 2021 (https://cnw.fm/O3Zvf). Whatever it is called, data has become a hot commodity in today’s world, and the RYAH Group is dedicated to transforming patient care through big data and…

ThursdayApr 29, 2021 4:20 am

420 with CNW — Congressional Bill Seeks to Allow Cannabis Users the Right to Own Firearms

A legislation that was recently introduced in Congress will exempt marijuana consumers in legalized states from a federal restriction that prohibits unlawful users of a controlled substance from owning a gun. The bill, which was filed last week by a pair of Republican co-sponsors along with Rep. Don Young, has been christened the Gun Rights and Marijuana Act. This exemption will only be applicable to those who don’t violate local marijuana laws but do live in tribal jurisdictions or states that allow the use of cannabis by adults. However, the federal restriction on firearm ownership for consumers of other drugs…

WednesdayApr 28, 2021 4:20 pm

420 with CNW — Supreme Court in Florida Shoots Down Cannabis Legalization Measure

Efforts to legalize recreational cannabis in Florida have hit what is most likely a dead end after the Florida Supreme Court ruled that the state’s most high-profile cannabis reform proposal was misleading. The constitutional ballot initiative, which was sponsored by Make it Legal Florida with the backing of Florida’s medical marijuana industry, would have tasked voters with deciding whether or not Florida should allow adults aged 21 years and older to possess up to two and a half ounces of cannabis. The Make it Legal Florida campaign had collected more than 556,000 signatures out of the 891,589 signatures the initiative…

WednesdayApr 28, 2021 11:36 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Retail Business to Bloom This Spring With Production of 50,000 Blister Packs

PULL starts production of roughly 50,000 blister pack gummies using Taste-T LLC’s successful proprietary manufacturing system Global CBD gummies market size estimated to grow at CAGR of 31.9% until 2025 PULL estimates $200,000 in revenue from initial batch, plans to produce three additional non-THC SKUs with varying levels of ultra-high potency CBD Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, recently announced it started production on roughly 50,000 Pure Chews edible gummy packs to be sold this Spring (https://cnw.fm/K57sl). The news came shortly…

WednesdayApr 28, 2021 4:20 am

420 with CNW — 3 Bills Seek to Give Cannabis Companies Access to Federal Aid

The state-legal cannabis industry has for years been operating at a disadvantage because of the categorization of cannabis as a controlled substance on the federal level. Although most states with legal cannabis markets deemed the controversial plant essential during the coronavirus pandemic, thus allowing companies in the cannabis space to continue their operations, federal law remains a major thorn in the side of cannabis businesses. Despite providing hundreds of thousands of job opportunities and contributing millions of dollars in much-needed tax revenue to state coffers, these companies remain locked out of federal aid that would have helped them weather the…