NewsRoom Articles - Page 329 of 596

TuesdayJun 16, 2020 11:29 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Q1 2020 Financials Reveal Company’s Overall Health, Showing Net Revenue, Gross Profit Increases

PLUS sees million-dollar increases in net revenues, gross profits; significant improvements in operating costs and cash balance. Q1 financial results paint picture of healthy company. Launch of PLUS CBDRelief brand marks company’s entrance into wellness, relief space of cannabis adult-use market. Plus Products (CSE: PLUS) (OTCQX: PLPRF), a U.S. cannabis-branded products company, announced its first-quarter financial results (http://cnw.fm/s19nX). The unaudited financial and operational results, reported for the three months ending March 31, 2020, noted an increase in net revenues and gross profits, with an improvement in operating costs and a multimillion-dollar cash balance. “The start of this year came with…

TuesdayJun 16, 2020 8:36 am

Womxn, Wellness and Cannabis Conference a Success

All session recordings are free to access and available now Marigold PR’s inaugural Womxn Wellness and Cannabis Conference (WWC Conference) is being hailed as a stand-out success after attracting almost 1,000 participants from across the globe. The one-day, free WWC Conference is the first global summit focused on inspiring, connecting, and celebrating the work and experiences of womxn in the cannabis industry. The virtual conference attracted 960 registrants and featured over 50 speakers from eight countries who lead high-quality panel discussions relevant to the female cannabis professional and consumer. Katie Pringle, the co-founder of WWC Conference and Marigold PR, says…

TuesdayJun 16, 2020 4:20 am

420 with CNW – Why the Marijuana Black Market Still Persists in California

California is one of the best examples of just how much a state-legal marijuana program can achieve if it's done right. The state has been at the forefront of the efforts to legalize cannabis in the U.S., with the country's first ballot initiative to legalize marijuana taking place in California in 1972. Although the measure was unsuccessful, California was still the first state to allow medical cannabis in 1996, and recreational marijuana has been legal in the state since 2016. The recreational program has been especially successful, generating over $1 billion in tax revenue after just two years of operation.…

MondayJun 15, 2020 4:20 pm

420 with CNW – Nevada Governor Introduces Bill to Pardon Marijuana Convicts

For the past few decades, marijuana has been federally prohibited, and the infamous 'War on Drugs' has been responsible for tons of marijuana arrests and convictions. Even with multiple states legalizing cannabis in various capacities over the years, a large percentage of drug arrests are still marijuana-related. In 2018, four in ten arrests were marijuana-related, and around nine in ten of the arrests were for possession, not selling. One of the biggest arguments for legalizing marijuana has been to right these wrongs and ensure people with low-level marijuana convictions are not held back by their records again. On Thursday, in…

MondayJun 15, 2020 4:20 am

420 with CNW – South Dakota to Vote on Legalizing Marijuana in November Ballot

The past few years have been game-changing for the cannabis industry. As attitudes towards it change and research into cannabis' effects is carried out, more states have been legalizing it. At least 30 states have passed legislation allowing medical and recreational use within their borders, and activists in other states have been hard at work with their own marijuana legalization campaigns. This November, voters in South Dakota will vote on whether or not to legalize both medical and recreational cannabis in the state. If they choose to legalize, South Dakota will become the first state to approve both medical and…

FridayJun 12, 2020 4:20 pm

420 with CNW – Dutch Government Starts Recruiting Farmers to Take Part in Marijuana Experiment

On Tuesday, the Dutch Justice Ministry announced that growers who wished to take part in the Dutch government’s regulated marijuana experiment can sign up to apply from July 1. The project, which will see a maximum of 10 growers licensed to produce a variety of marijuana products, has been designed to remove the gray area surrounding coffee shops. Although they have permits to sell marijuana, most of them rely on an illegal circuit of suppliers as production and distribution of marijuana is prohibited. "The government wishes to initiate an experiment involving the cultivation of cannabis for recreational use. The purpose…

FridayJun 12, 2020 12:48 pm

SinglePoint Inc. (SING) Thriving While Many Struggle to Survive, Reporting Record Revenues, Impressive Profits

SinglePoint Inc. reported Q12020 financial results with revenue increase of 309% to $1,075,222 Solar subsidiary Direct Solar America was key driver for sales with company amassing record pipeline of solar bookings SinglePoint’s Hemp cigarette brand, 1606 Original Hemp, witnessed skyrocketing sales, with revenues rising 133% QoQ in Q1 2020 Along with strong operational results, the company is taking steps to strengthen balance sheet In this largely turbulent time for global markets, strategic thinking is necessary for survival. SinglePoint (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, recently published its quarterly financials for the period…

FridayJun 12, 2020 4:20 am

420 with CNW – Pros and Cons of Different CBD Drinks

If you have been paying attention to the cannabis space for the past few years, you must have heard of cannabidiol or CBD, a chemical extracted from cannabis that is taking the world by storm. One of its biggest attractions is that it doesn't create a psychoactive high, meaning users can use it for its health benefits and stay clear-headed. And it has a ton of medical benefits, with studies finding it effective against a myriad of conditions such as anxiety, chronic pain, and high blood pressure. There are plenty of ways you can consume cannabis, such as smoking cannabis…

ThursdayJun 11, 2020 4:20 pm

420 with CNW – Bermuda Government Seeks Public Feedback on Marijuana Legalization Bill

Last year, Bermudan lawmakers released a draft bill aimed at creating a legal cannabis program and asked the public to offer pertinent feedback. The draft legislation was met with criticism from the public as people felt it imposed excessive regulations, and they argued that the territory should legalize marijuana altogether for adult use. On Wednesday, the government of Bermuda released a draft bill to establish a legal marijuana market, and it is again seeking feedback from the public. Under the proposed bill, adults 21 and older would be able to possess and purchase up to seven grams of marijuana from…

ThursdayJun 11, 2020 4:20 am

420 with CNW – Research Shows Marijuana Users Not at Higher Risk of Workplace Accidents

For the past few years, cannabis has become more mainstream as attitudes and perceptions towards it change. Plenty of states have legalized either medical and recreational use or both, making it widely accessible. However, not everyone is on the cannabis train, and plenty of employers aren't willing to hire staff who indulge in marijuana, either medically or to unwind. They have been encouraged in part by several studies that have found a correlation between marijuana use and workplace accidents. The results of such studies have come into question after new research showed that marijuana users aren't at a higher risk…