NewsRoom Articles - Page 279 of 612

ThursdayMay 20, 2021 4:20 am

420 with CNW — Chamber of Commerce Head Thinks 2021 Illinois Cannabis Sales Could Exceed $1B

Todd Maisch, the CEO and president of the Chamber of Commerce in Illinois, says the total sales of marijuana in the state may easily surpass the $1 billion mark this year, and the monthly figures seem to suggest that the milestone is possible. For example, data collected in March shows that recreational marijuana sales totaled $110 million, and the year is just approaching the halfway mark. One factor that Maisch identifies as helping cannabis sales to hit those high numbers is the lack of legal marijuana programs in states neighboring Illinois. He says when Colorado and Washington launched their programs,…

WednesdayMay 19, 2021 4:20 pm

420 with CNW — Congressional Bill Seeks to Protect Cannabis Consumers from Losing Federally-Assisted Housing

Last week, Rep. Eleanor Holmes Norton reintroduced a legislation that would allow individuals who live in public housing to use cannabis without living in terror of being evicted. Currently, individuals who live in federally subsidized housing are banned from using any controlled substances, even if those substances are in compliance with state law. Additionally, landlords are allowed to evict individuals who do so, regardless of state law. This bill introduced by the congresswoman would change this. The bill would offer protection to individuals who live in Section 8 housing or federally assisted housing from being evicted for using marijuana in…

WednesdayMay 19, 2021 11:56 am

Sonoma Biologics Corp. Benefits from Sonoma County Soil & Sunshine to Produce the Highest Quality Cannabis

Sonoma Biologics is committed to having as close to a zero environmental impact as possible and has diversified from premium wine grapes to cannabis California weather makes it ideal for growing cannabis outdoors, minimizing the need for climate control and artificial lighting The energy required of indoor cannabis factories is positioned to outstrip all California’s wind energy production efforts, even though growing outdoors is 100% viable Growers across the United States are succumbing to what Evan Mills, a writer for Future Tense, calls the “cannabis carbon trap.” In To Make Cannabis Green, We Need to Grow it Outdoors, Mills highlights the harm…

WednesdayMay 19, 2021 9:15 am

Pac Roots Cannabis Corp.’S (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Focus on Premium Genetics, Iconic Branding Differentiates Products in Competitive Marketplace

PACR’s partnership with Phenome One gives it access to world’s most exclusive cannabis genetics PACR’s genetics-based approach to cultivation resulted in 350 tested cultivars, 50 super-elite strains Every ounce of 105,000-pound test run purchased by Speakeasy Cannabis Club Company recently acquired established Lords of Grasstown brand that blends cannabis, motorcycle culture Saturated supply chains and a stream of new market entrants have had little effect on Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canadian genetics-focused cannabis company dedicated to producing premium strains and products. PACR uses a “genetics first” approach to cultivation that is critical to…

WednesdayMay 19, 2021 4:20 am

420 with CNW — DEA Announces It May Soon Federally Authorize New Cannabis Manufacturers

The Drug Enforcement Administration (“DEA”) has informed some companies that their applications to become federally authorized manufacturers of cannabis for research purposes may soon be approved. This comes nearly five years after the DEA announced that it was accepting applications for new manufacturers, under former President Barack Obama’s administration. This is a significant development, especially when one considers that no approvals were made under the Trump administration, and this is one of the first marijuana-related moves made by the Biden administration. Groff North America Hemplex LLC, the Scottsdale Research Institute and the Biopharmaceutical Research Company were some of the companies…

TuesdayMay 18, 2021 4:20 pm

420 with CNW — Mississippi Supreme Court Nullifies Voter-Approved Medical Cannabis Ballot Measure

The Supreme Court in Mississippi has overturned an initiative passed by state voters to legalize medical cannabis. This ruling was made on Friday after a mayor challenged the legalization initiative in court. While the complaint against the amendment didn’t raise any objections against the contents of the voter initiative, the plaintiffs took issue with the procedure under which the measure was certified by the state secretary of state. In its ruling, the Supreme Court observed that it noticed that an overwhelming number of voters supported the proposed constitutional amendment. However, the court was left with no choice but to uphold…

TuesdayMay 18, 2021 1:43 pm

RYAH Group, Inc. (CSE: RYAH) Enters New Zealand Market

A partnership with Medical Kiwi LTD makes it possible for RYAH to enter the New Zealand Market Medical Kiwi was the first South Island-based company to be granted a Medicinal Cannabis license from the Ministry of Health to cultivate The potential market for medical cannabis in New Zealand is at NZ$1.5 billion RYAH Group (CSE: RYAH), a health care analytics and technology company, has entered the New Zealand market through a definitive wholesale supply and distribution agreement with Medical Kiwi LTD (https://cnw.fm/gDWk5). This agreement enables RYAH’s suite of IoT devices and cloud-based data analytics to be used in pre-clinical and…

TuesdayMay 18, 2021 1:14 pm

Grapefruit USA Inc. (GPFT) Unveils New ‘One-Stop Shop’ for Hourglass-Powered Products

In 2020, more than 2 billion people purchased goods or services online; e-retail sales surpassed $4.2 trillion worldwide New online portal features GPFT’s exclusive line of THC-free, hemp-derived CBD products New website allows approved affiliates to sign up to market Hourglass products through their own Grapefruit-approved channels and platforms According to a recent report from Statista, the retail industry has undergone a transformation, with e-commerce becoming indispensable to a company’s survival (https://cnw.fm/ETlAt). In that light, the timing appears to be ideal as Grapefruit USA (OTCQB: GPFT) launches its worldwide e-commerce website, www.HourglassOnlineStore.com. The online portal features the company’s exclusive line of…

TuesdayMay 18, 2021 9:15 am

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Targets Potential Expansion of Rapid COVID-19 Test Kit Distribution with Delivery of 2,000 Units to Israel

XPhyto recently delivered 2,000 of its rapid Covid-ID Lab test kits to an established Israeli distributor for clinical evaluation by the Ministry of Health The delivery, which marks entry into the Middle East, follows the approval of the test kits in Europe In an earlier interview, CEO Hugh Rogers had noted that XPhyto was looking to expand distribution to various markets, including the Middle East In an interview on Proactive on March 22, XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) CEO and Director Hugh Rogers explained the implications of the CE-IVD approval (European certification) the company’s 25-minute COVID-19 RT-PCR…

TuesdayMay 18, 2021 4:20 am

420 with CNW — Feds Announce Standardized THC Dose Researchers Must Use

The National Institute on Drug Abuse (“NIDA”), a leading health agency of the U.S. federal government, has announced a standardized THC dosage that research teams have to use from now on when studying cannabis. The standard unit set is 5mg, and the unit strictly applies to all studies that have humans as test subjects. The federal agency noted that the current differences in the way THC is reported by researchers made it difficult for interested parties to compare the findings of different studies on the same substance. The standard dose is designed to make it easier to compare the possible…

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