NewsRoom Articles - Page 315 of 603

TuesdayOct 13, 2020 4:20 pm

420 with CNW – Michigan Plans to Ease Access to the Recreational Cannabis Market Next Year

In an effort to curb black-market sales, Michigan is planning to ease access to the recreational cannabis market next year. In March, Michigan will remove a prerequisite that was included with good intentions but has unintentionally complicated the fight against unlicensed, black market cannabis, the state Marijuana Regulatory Agency announced. From March next year, certain licensed recreational marijuana businesses will no longer be required to first hold a medical license. Retailers, processors, transporters, safety labs, class B, and class C growers will be subject to lower license fees should they wish to grow, sell, test, or transport recreational marijuana. Most…

TuesdayOct 13, 2020 12:33 pm

Join the CanMar Global Conference & Expo October 23-25 2020

CanMar Recruitment, Canada’s top staffing and business solutions provider for the cannabis industry, is excited to host the 3-day virtual CanMar Global Conference & Expo on October 23-25, 2020. Open to businesses, entrepreneurs, investors, and job seekers, the CanMar Global Conference & Expo will bring together the cannabis community worldwide for professional networking, education, career and development opportunities. Join CanMar Recruitment in collaboration with our partners; Benzinga Capital Conference, Cannabis Newswire, Cannabis Prospect Magazine, Marigold Marketing & PR, Grow Opportunity, The Green Fund, ACMLA, Green Flower, Cannalist EU and more for this powerhouse global event. “Together with our partners we…

TuesdayOct 13, 2020 4:20 am

420 with CNW – Top Arguments for Legalizing Marijuana Sales and Consumption

For the past couple of years, attitudes towards cannabis have been on the mend. Although the controversial plant is still considered illegal at the federal level, over 30 states have legalized it to varying degrees. Renowned for a long time due to its psychoactive abilities, cannabis is increasingly being considered medicinal, with plenty of people using it to help manage conditions like chronic pain in lieu of pharmaceuticals. We are still a long way from federal decriminalization, though. Cannabis reform activists have been working hard to convince the masses of the benefits of legalizing cannabis. The following are some of…

MondayOct 12, 2020 4:20 pm

420 with CNW – Illinois Marijuana Sales Still Surging, Data Shows

Months into the coronavirus pandemic, the state-legal cannabis industry is still going strong. Although the pandemic forced many industries to shut down, resulting in the loss of millions of jobs, the cannabis industry has fared quite well despite the economic crisis. Most states have seen increased cannabis sales month over month, with some even calling the industry ‘recession-proof’. One such state is Illinois, which has seen record-breaking marijuana sales for the fifth time in a row. In September, consumers purchased more than 1.4 million marijuana products worth nearly $67 million, with almost $18 million of those sales coming from out-of-state…

MondayOct 12, 2020 2:13 pm

Pure Extract Technologies Awarded Standard Processing License by Health Canada, Eyes Expansion Plans

Pure Extract Technologies has been awarded Standard Processing License by Health Canada The license will enable the Company to produce, sell cannabis & hemp products to other Licenced Producers in its purpose-built facility located near Whistler, Canada Canada’s ability to export worldwide coupled with Company’s EU-GMP compliant facility makes Pure Extracts a natural partner for companies involved within international distribution Pure Extract Technologies, a privately held British Columbia-domiciled plant extraction company, announced that it had been awarded a Standard Processing Licence by Health Canada under the Cannabis Act, following an extensive and meticulous five-month application and vetting process (https://cnw.fm/0Eu0d). Pure Extracts…

MondayOct 12, 2020 12:39 pm

Pac Roots Cannabis Corp. (CSE: PACR) Employs Specialized Proprietary Cultivation Techniques, Seeks to Deliver on Higher-Quality Product Portfolio

Pac Roots Cannabis Corp. dedicated to supplying higher-quality cannabis product PACR enters into strategic licensing agreement with Phenome One Corp, providing access to 350 meticulously-designed cultivars Company has also employed number of proprietary cultivation techniques to ensure quality of end products, which has contributed to PACR’s stellar industry reputation Since completing its RTO and being listed on the CSE in May of 2020, Pac Roots Cannabis Corp. (CSE: PACR) has established a strong reputation within the field of cannabis and hemp cultivation, leveraging upon the exceptional genetics of its specialized cultivars as well as an innovative proprietary cultivation technique to…

MondayOct 12, 2020 11:41 am

Sugarmade (SGMD) Numbers In Line with Cannabis Industry Increasing Projections

Projections for U.S. retail sales of medical, recreational cannabis on pace to reach $15 billion by end of 2020 SGMD seeing consistent growth in numbers, supporting expert predictions CEO reports “increase in gross margins while demonstrating another breakout month-over-month performance on both the top and bottom line” Even with the global COVID-19 pandemic causing a speed bump, projections for the retail sales of medical and recreational cannabis in the United states are on pace to reach $15 billion by the end of 2020 (https://cnw.fm/tqgrr). Those numbers, which are an increase of approximately 40% over 2019 sales figures, may not surprise…

MondayOct 12, 2020 11:04 am

Pressure BioSciences (PBIO) Achieves Critical Milestone in Commercial Rollout of Revolutionary Nanoemulsification System

Pressure BioSciences has been making a name for itself as a leader in the development and sale of proprietary intense-pressure delivery systems to the worldwide life sciences field PBIO is developing a novel high pressure platform called Ultra-Shear Technology (“UST”) that processes oil-based solutions into water-soluble nanoemulsions that will allow the molecules inside the oil (e.g., CBD, Vitamins) to be more readily absorbed by human biology Development of th proprietary new instrument - the BaroShear K45-has been proceeding well since the Company received orders for all of its planned initial build of 12 units Pressure BioSciences reported achieving a critical…

MondayOct 12, 2020 4:20 am

420 with CNW – Mark Zuckerberg Makes Donation in Support of Oregon Drug Decriminalization Campaign

A foundation run by Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan has made a donation in support of a ballot measure to decriminalize all drugs in Oregon. The Chan Zuckerberg Initiative Advocacy donated $500,000 in support of Measure 110, a ballot measure “designed to establish a more humane and effective approach to drugs.” On top of that, the measure would use a portion of existing legal marijuana tax revenue to pay for expanded substance misuse treatment services, establishing addiction recovery centers throughout the state. According to supporters of Measure 110, it is part of an effort…

FridayOct 09, 2020 4:20 pm

420 with CNW – Highest Court in Florida to Revisit Law Establishing Medical Cannabis Program

Although medical cannabis has been legalized in over 30 states for quite a while now, the industry still has plenty of growing pains. Aside from being denied access to banking services, players in the industry across the country have been at loggerheads with authorities over how licenses are awarded. In Florida, for instance, medical cannabis law requires that licensed companies must be able to handle all aspects of the business, including growing, processing, and distributing products. Referred to as ‘vertical integration,’ the system locks out a large number of cannabis businesses and limits the licenses only to companies that can…