NewsRoom Articles - Page 283 of 603

WednesdayMar 24, 2021 4:20 pm

420 with CNW — Key Congressman Reveals Cannabis Banking Will Be Handled Before Legalization Is Considered

America’s state-legal cannabis industry has had quite a run, creating thousands of job opportunities, providing states with millions of dollars in tax revenue, and changing the lives of thousands of individuals with prior cannabis-related offenses. Despite achieving so much in a relatively short time, the sector has a lot stacked against it due to its status as a controlled substance at the federal level. One major challenge the industry has faced so far is lack of access to financial services, as banks and lending institutions shy away from working with cannabis businesses. According to a Congressman who has been an…

WednesdayMar 24, 2021 3:29 pm

USA CBD Expo Optimistic About Resuming In-person Trade Show Gatherings at Atlanta Event

Scheduled as an in-person event June 11-13 Responsive to the COVID-19 pandemic with physical spacing and health strategy Set in the heart of Atlanta’s Southern metropolis, in a state where medical marijuana has been legalized while neighboring states lag behind More than 30 CBD and hemp industry-aware speakers on board, with more than 50 speakers anticipated A floor plan suited to 300-plus SMB vendors Exclusive opportunities for industry buyers and sellers to connect Media exposure through event partners and attendees Tickets specific to attendees’ needs — whether general admission or in varied industry professional roles The United States’ largest cannabidiol…

WednesdayMar 24, 2021 2:28 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Raises $1.34 Million, Keeps Foot on Expansion Accelerator as a Premium Brand

Pac Roots has differentiated its hemp product, resulting in sale of all 105,000 pounds of industrial hemp from its first harvest in December Pac Roots has made series of business development moves lately, expanding its footprint in Canada, into U.S. Positive developments supported private placement in February that raised gross proceeds of $1.34 million, capital that will be used to keep growing the company After what could be described at best as a lull from 2019 through mid-2020, the legal cannabis industry has found its legs again on optimism that the current U.S. administration will shepherd in increasingly liberal standards…

WednesdayMar 24, 2021 12:31 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Plans Expanded Product Launch, Announces Order of 30,000 Vape Cartridges

Company recently submitted NNCP application for more than 20 retail cannabis products Vape products will launch as part of Pure Pulls Vapes branded product line Demand is growing for these types of offerings, particularly in Albert, British Columbia, Ontario and Saskatchewan With an e-cigarette market projected to reach more than $1.1 billion in 2021 with steady annual growth estimated at 4.83% through 2025 (https://cnw.fm/JZtOd), the recent order of more than 30,000 high-quality vape cartridges and pens by Pure Extracts Manufacturing Corp. (“Pure Manufacturing”) seems particularly well timed. Pure Manufacturing is a wholly owned subsidiary of Pure Extracts Technologies (CSE: PULL) (OTC:…

WednesdayMar 24, 2021 4:20 am

420 with CNW — Study Finds That Marijuana May Reduce Blood Pressure in Older Individuals

After decades of prohibition, several states in the country have been decriminalizing cannabis and setting up legal markets. Encouraged by research and anecdotal evidence about marijuana’s numerous potential medical benefits, thousands of people have been turning to the controversial plant to cure what ails them, often with encouraging results. Cannabis has been found to be effective against chronic pain, inflammation, neurological and mental disorders as well as sleep disorders. A new study from Negrev, Israel, has come to a conclusion that could have major implications for millions of Americans. Noticing an increase in the number of older people who were…

TuesdayMar 23, 2021 4:20 pm

420 with CNW — The Different Forms of THC and the Benefits They Possess

If you’ve heard of CBD, then you’ve probably heard of THC too. THC, known as tetrahydrocannabinol, holds the psychoactive properties of cannabis and is the dominant compound found in the plant. This, together with its many potential medical benefits, make it the most popular marijuana compound. Did you know, however, that there are tour types of THC that occur naturally in marijuana? The major types are Delta 9 THC, Delta 8THC, THCV and THCA. There also exists a manmade form of THC, known as Delta 10 THC. All these THC types have varying therapeutic potentials and are chemically unique. We…

TuesdayMar 23, 2021 11:37 am

MAZAKALI and Satori Investment Partners to place $20,000,000 into Cannabis Industry

MAZAKALI is pleased to announce a strategic alliance with Satori Investment Partners, formed with the intention of placing up to $20,000,000 into cannabis related businesses. MAZAKALI and Satori will actively seek out opportunities in need of growth capital in an effort to determine an optimal mix of investments for the Satori portfolio. Investment sizes will range from $1-5 million, and opportunities may be featured on the MAZAKALI Digital Capital Platform for additional funding. “Our alliance with MAZAKALI allows us to leverage each other’s strengths in the identification of opportunities, allocation of capital, and overall portfolio construction within the cannabis space.…

TuesdayMar 23, 2021 4:20 am

420 with CNW — SD Supreme Court Starts Hearing Voided Marijuana Ballot Measure Case

Cannabis reform advocates in South Dakota are fighting a battle that could ultimately determine the state’s ballot initiative process. On Nov. 3, 2021, South Dakotans voted to pass Amendment A and Measure 26, legislation that would have legalized the recreational and medical use of cannabis respectively, making South Dakota the first state to pass both medical and recreational cannabis measures at the same time. Long before cannabis sales could start, however, a state circuit judge declared the amendment legalizing recreational cannabis unconstitutional in January and voided it. With the state Supreme Court now considering whether or not the voter-passed initiative…

MondayMar 22, 2021 4:20 pm

420 with CNW — NY Medical Cannabis Firms Propose That Legislature Allow Them to Kick-Start Recreational Market

As the state of New York contemplates legalizing cannabis for recreational use, medical marijuana companies are working on persuading the state’s legislature to afford them a stake in the new market. Rather than wait for new marijuana growers to begin from the ground up, the medical marijuana companies stated that they could utilize their already existing infrastructure to provide the new market with a boost. The New York Medical Cannabis Industry commissioned a pair of reports that assert that allowing medical marijuana firms into the recreational marijuana market in the state as soon as possible would jumpstart new employment opportunities…

MondayMar 22, 2021 1:36 pm

HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 800) Enters China with Probulin Probiotics

HempFusion Wellness Inc. has announced the launch of certain Probulin Probiotics products in China to be sold on Alibaba Group Holding’s Tmall Global Tmall offers a number of features and advantages, which will be pivotal in helping HempFusion earn significant revenue Probulin Probiotics is recognized as one of the fastest-growing probiotics brands in the United State Natural Products Industry, according to SPINS syndicated data, and by entering the Chinese market, HempFusion hopes to replicate this growth in the vast Chinese marketplace The Chinese probiotics market is booming and is expected to reach $12.75 billion in 2022, up from $6.47 billion…

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