NewsRoom Articles - Page 284 of 596

ThursdayFeb 18, 2021 10:04 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Enters Large Cannabis Biomass Agreements to Scale Up Extract Production, Announces DTC Eligibility of Common Shares in the U.S.

Pure Extracts entered into two large biomass purchase agreements, plans to ramp up production of high-potency THC and CBD extracts in 2021 Company expects historically low biomass purchase price will produce $590,000 revenue Company recently announced DTC eligibility of common shares for increased settlement and clearance speeds, wider access to brokerage firms Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company that focuses on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelics sector, recently entered into two substantial cannabis biomass purchase agreements (https://cnw.fm/XYzBs) in addition to announcing that its common shares are now eligible for electronic clearing…

ThursdayFeb 18, 2021 4:20 am

420 with CNW — Iowa Legislators Pass Bill Slashing Fees Paid by Medical Cannabis Patients

Thanks to a new bill advancing in the Iowa Senate, Iowans may soon be paying only $10 every year in medical cannabis license fees instead of the $100 a year they currently pay. The bill will also allow the licensing of more medical cannabis dispensaries beyond the five currently allowed by law as well as the creation of mobile dispensaries to cater to the state’s medical marijuana patients. Additionally, Senate Bill 1177 will allow medical cannabis dispensaries to recommend physicians who can prescribe medical cannabis to patients, something current law prohibits. However, a subcommittee of the Senate noted that lawmakers…

WednesdayFeb 17, 2021 4:20 pm

420 with CNW — Utah Introduces New Bills to Improve Medical Marijuana Program

Two bills in Utah’s state legislature may bring change to the state’s medical marijuana program. Since the state’s voters passed a bill approving medical marijuana in 2018, the medical program has slowly started progressing. However, it has faced various challenges, which legislators have tried addressing through legislations. One of the legislations follows 2019 research conducted by FOX 13, which discovered that patients who qualify to use medical cannabis find it hard to find doctors who will prescribe it. This has caused many individuals frustration and also allowed the development of specialized medical marijuana clinics, which charge unreasonably high prices because…

WednesdayFeb 17, 2021 2:10 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Leverages Genetics to Produce Potent CBD Strains Amid New Research Suggesting CBD Aids COVID-19 Patients

Austrian researchers report CBD reduces inflammation and speeds recovery in ICU COVID-19 patients Research suggests CBD’s anti-inflammatory properties stave off long-term neurological damage associated with COVID-19 PACR leverages genetic technology to produce potent CBD strains with higher yields per growing season Company catalog includes 350 cultivars and 50 super-elite strains prized in industry CBD may soon become the newest support in the world’s fight against COVID-19: Researchers at the Klagenfurt Clinic in Austria recently reported positive results from cannabidiol (“CBD”) trials on COVID-19 patients that demonstrated reduced inflammation and quicker recovery times (https://cnw.fm/gUeyW). Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a Canada-based…

WednesdayFeb 17, 2021 1:50 pm

CannAssist International Corp. (CNSC) Focused on Leveraging Position in Growing Cannabis Industry through Strategic Marketing Plan

Vast opportunities exist in growing cannabis space CannAssist is committed to establishing aggressive marketing presence in promising market CannAssist brings impressive advancements, achievements to the table, including its propriety CiBiDinol technology Carefully developing and executing a strategic go-to-market plan has never been more important for companies operating in the cannabis industry, according to a recent “Rolling Stone” article (https://cnw.fm/uMoi5). The article urges cannabis companies to consider the industry from both a competitive perspective as well as an opportunity angle, which is exactly what CannAssist International (OTCQB: CNSC) has done as it looks toward 2021 and a projected $5.8 million share of the…

WednesdayFeb 17, 2021 4:20 am

420 with CNW — Senate Leaders Have First Meeting to Discuss Cannabis Legalization Plan

The past few years have seen several states legalize recreational or medical cannabis. By 2020, more than 30 states allowed cannabis in various forms, and there was hope that eventually the wave of cannabis reform would reach the federal level. Toward the end of the year, the U.S. House of Representatives passed a cannabis decriminalization bill that would definitely have stalled in the then Republican-controlled Senate. However, the Democrats clinched both the House and Senate majority, renewing the hope that one day, cannabis would be legal at the federal level. In late January, Senate Majority leader Chuck Schumer hosted a…

TuesdayFeb 16, 2021 4:20 pm

420 with CNW — Legislators in South Dakota Remain Hopeful about Cannabis Legalization

A circuit judge’s decision to hinder a voter-approved initiative that legalized adult-use cannabis from progressing in South Dakota isn’t discouraging legislators from advancing with a series of marijuana related measures. While many doubt that cannabis prohibition will end soon in South Dakota after Judge Christina Klinger overturned Constitutional Amendment A, some lawmakers are working on legalizing cannabis through the statutes of the state. Before heading into a strategy meeting with other legislators and lobbyists, Senator Brock Greenfield told reporters that legalizing was still a real possibility and that planning ahead for any situation was the best option. Defendants legally challenging…

TuesdayFeb 16, 2021 3:10 pm

Closing Soon: Fast Flower Farms SPV Investment Opportunity

Fast Flower Farms & The Artisanal Cannabis Connoisseur While cannabis companies have recently raised hundreds of millions in an attempt to bring ‘craft cannabis’ to scale, many consumers prefer cannabis that is cultivated by craft growers rather than large corporations. Enter artisanal cannabis products. Artisanal Products Artisanal products create value via limited production, emphasis on quality, and creation by industry connoisseurs. Artisan flower is grown in small batches and is manicured by hand, unlike commercial flower which is done with machines. Artisanal production combined with superior genetics that have limited market availability increases consumer demand and builds brand loyalty. Video…

TuesdayFeb 16, 2021 4:20 am

420 with CNW — South Dakota Circuit Judge Nullifies Cannabis Legalization Measure

A South Dakota circuit judge has rejected an amendment that was approved by voters in the state during the November polls, ruling it as unconstitutional. The judge, who had been appointed by South Dakota Gov. Kristi L. Noem, stated that the change, which would end cannabis prohibition in the state, should not proceed. Judge Christina Klinger supported her ruling by stating that Constitutional Amendment A violated the state’s constitution as it conflicted with the constitution’s language, in addition to defying single subject rule. Pennington County Sheriff Kein Thom and the South Dakota Highway Patrol Superintendent Rick Miller, as well as…

FridayFeb 12, 2021 4:20 pm

420 with CNW — How Is Marijuana Legalization Impacting Real Estate Prices?

The cannabis industry has come a long way from the days when states that didn’t criminalize the controversial drug were the exception rather than the norm. Now, 36 states have legalized medical use, 15 allow recreational use, and several more are considering cannabis legalization for the future. The road to legalization wasn’t easy, however, with most opponents arguing legalization would increase crime rates as well as cannabis and subsequent drug use among children. Years later, we can see that most of those fears were unfounded. However, although marijuana legalization policies haven’t increased criminal activity or youth drug use, they have…