NewsRoom Articles - Page 335 of 612

TuesdayAug 18, 2020 9:00 am

Cresco Labs (CSE: CL) (OTCQX: CRLBF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Cresco Labs (CSE: CL) (OTCQX: CRLBF) is a vertically integrated cannabis company, with a wide range of operations spanning the cannabis value chain – including cultivation, manufacturing, extraction and packaging. Employing world-class agronomists, manufacturing experts and state-of-the-art agricultural equipment, Cresco Labs is present across 9 states, operating a chain of 15 production facilities and 22 wholly-owned cannabis dispensaries. In addition to its retail sale operations, Cresco Labs has created a wide-ranging distribution network, with the company’s products currently being retailed in more than 700 dispensaries spread across the United States. Cresco Labs has recently launched its first national retail brand,…

TuesdayAug 18, 2020 4:20 am

420 with CNW – Coronavirus and Social Distancing Propels Cannabis Market

In March 2020, every other headline seemed to be about the run on toilet paper. But another product was silently being stockpiled in many American homes. Cannabis. Orders for legal cannabis products surged in March in the 33 states where some form of cannabis is legal. The two-week spike was attributed to panic buying by consumers. After a bit of fluctuation, sales began to stabilize at the end of April. However, when those sales numbers stabilized, they were nearly 40% higher than at the same point in 2019. The downturn hasn’t made a dent in demand, according to a recent…

MondayAug 17, 2020 4:20 pm

420 with CNW – The Evolution and Importance of Cannabis Genetics

Today’s cannabis market is experiencing significant growth in and demand for product diversity. At the same time, producers want reliable and stable plant varieties to ensure their products provide consistent quality. Advancements in breeding programs, artificial selection, genetics optimization and data analytics are helping cannabis producers meet both needs. Innovative new techniques are making it possible to achieve diversity and consistency. Producers are now able to engineer and cultivate a base product that is perfectly aligned with the specific goals and objectives of cannabis organizations throughout the industry. Breeding programs begin with the development of a product profile. Several desired characteristics…

MondayAug 17, 2020 4:20 am

420 with CNW – Innovation and Technology Continue to Revolutionize the Cannabis Industry

As more and more states legalize the consumption of cannabis for medicinal and recreational use, innovation and technology are also adding to the growth of the industry. In today’s world of big data, every cannabis business must efficiently harness the power within its data about consumers, individual products and sales. Both dispensaries and growers are leveraging data analytics to track products and ensure compliance with various state mandated regulations. As cannabis businesses learn more about its best products and customer habits, they are driving marketing and sales efforts and maximizing profits. By discovering patterns and trends within the massive amounts…

FridayAug 14, 2020 10:07 am

Pac Roots Cannabis Corp. (CSE: PACR) Prepares to Close Massive Land Deal with Extensive Development Possibilities

Pac Roots expecting to close deal in September for acquisition of several parcels of land with no zoning restrictions, located in prestigious Fraser Valley Company’s new indoor facility and 100-acre Hemp JV project in Rock Creek, B.C., with preliminary results suggesting successful fall harvest, make this ideal time to acquire land in Fraser Valley Future development of elite CBD and THC strains and company’s overall hemp and cannabis infrastructure have tremendous potential thanks to company’s strategic genetic licensing partner, Phenome One The Fraser Valley Regional District is one of the most productive and intensively farmed areas of Canada, with high-quality…

FridayAug 14, 2020 4:20 am

420 with CNW – How Marijuana Dispensaries Differ from Liquor Stores

Are you considering visiting a local marijuana dispensary for the first time? You may think that they don’t differ much from liquor stores, they are both retail establishments that sell a drug after all. Heck, cannabis advocates looking to legalize recreational marijuana said that once legalized, it would be taxed and regulated "in a manner similar to alcohol." Adults 21 and over would ideally be able to stroll into a cannabis dispensary, grab whatever they need, and leave shortly, as they would in a liquor store. However, cannabis is a unique industry that's unlike any other, and it differs from…

ThursdayAug 13, 2020 4:20 pm

420 with CNW – Planned Study Could Provide Desperately Needed Cannabis Data

As the coronavirus pandemic rages on amid a severe economic crisis, the cannabis industry remains relatively strong. The controversial plant has grown immensely popular over the past few years, especially after researchers started looking into its purported medical abilities. Users say cannabis can be effective against a variety of ailments ranging from chronic pain and anxiety to fighting cancer and regulating and preventing diabetes, but only a few of these claims are backed by hard data. At the moment, it is nearly impossible for American researchers to study cannabis as it is still classified as a Schedule 1 substance. Canada,…

ThursdayAug 13, 2020 4:20 am

420 with CNW – Thailand Hopes Medical Marijuana Will Boost Its Economy

Thailand's economy wasn't doing great even before the coronavirus pandemic struck. Similar to plenty of countries, the pandemic has resulted in a severe economic crisis, especially since Thailand's economy heavily relies on agriculture, tourism, and exports. The Finance Ministry forecasts a likely contraction of 8.5% this year, the biggest decline projected in Asia. In a bid to create revenue and new employment opportunities, the Cabinet is looking into passing rules that would ease the private cultivation and sale of medical cannabis. On August 10, 2020, the Cabinet amended the Narcotics Act, pending Parliament's approval, to allow private medical operators to…

WednesdayAug 12, 2020 4:20 pm

420 with CNW – States Ask USDA and Congress to Extend Hemp Pilot Program

Although the 2014 hemp pilot program is set to expire on October 31, various state agriculture and hemp industry advocates have expressed concern that some states aren’t quite ready to run their own hemp programs. On Wednesday, the U.S. Department of Agriculture (“USDA”), received letters from the National Association of State Departments of Agriculture (“NASDA”) and National Industrial Hemp Council (“NIHC”) asking it to extend the pilot hemp program. The groups say that while the USDA’s efforts at developing interim guidelines for the crop under the 2018 Farm Bill have been monumental, several states have been unable to create their…

WednesdayAug 12, 2020 4:20 am

420 with CNW – Arizona Court Rules in Favor of Marijuana Ballot Initiative

Cannabis legalization activists in Arizona can finally breathe easy after a judge dismissed a lawsuit claiming that their recreational cannabis legalization measure was unfit for the November ballot. Last month, Arizonans for Health and Public Safety filed a lawsuit arguing that the measure wasn't accurately described in the 100-word summary included in the petitions that voters signed. The group said that plenty of information was left out of the summary, denying voters all the information they needed to make an informed decision. On Friday, Maricopa County Superior Court Judge rejected the claims that the 100 word summary on the initiative…