NewsRoom Articles - Page 349 of 591

TuesdayFeb 11, 2020 11:28 am

Amid CBD’s Ambivalent Regulatory Outlook, HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Set to Gain from Extraction Services Industry

For some 15 years, HTC Extraction Systems has built an IP that distills and recycles ethanol and ethanol-based solvents, and is now turning its experience to the cannabinoid extract industries’ potential While regulatory federal officials in the United States continue to regard cannabinoid extracts such as cannabidiol (CBD) as potentially unsafe for ingestion, the producers of topicals and oils served by extractors such as HTC Extraction Systems continue to enjoy high-margin possibilities The company is installing new equipment at the California-based and Saskatchewan facilities that will give it the capacity to process up to 12,000 pounds of hemp biomass per…

TuesdayFeb 11, 2020 4:20 am

420 with CNW – Study Finds Business Innovation and Profits Go Up After Marijuana Legalization

New research shows that in the U.S., many states have been experimenting with different forms of marijuana legalization. The study found that businesses are thriving in states where marijuana is legal. Researchers at the University of Iowa embarked on a study of the impact of legalization on the economy, and they analyzed 9,810 corporations between 1991 and 2017. The researchers found that after the legalization of medical marijuana, the states experienced a multitude of positive impacts. The authors of the research said that firms whose headquarters are in a state where marijuana is legal were found to receive higher market…

MondayFeb 10, 2020 4:20 pm

420 with CNW – Netflix Bows to Singapore Government Pressure to Block Marijuana Shows

The majority of us got to see the humanization of marijuana users through film and television, but Singapore is working to make sure that its citizens would not be able to access films with marijuana content. According to a new report issued by Netflix, the company has removed all movies that have marijuana contents as a move to comply with several demands made by the government of Singapore. This included three-pieces of marijuana-themed shows known as Cooking on High, The Legend of 420, and Disjointed. They also removed Martin Scorsese’s films that had overt drug use and partying themes such…

MondayFeb 10, 2020 12:28 pm

ChineseInvestors.com Inc. (CIIX) Poised to Leverage Tremendous Opportunities in Chinese CBD Market at Height of Coronavirus Outbreak

CIIX leverages its robust financial expertise to become leader in nascent Chinese CBD market CEO discusses potential health benefits of CBD-based products as China – and world – faces spread of coronavirus Wang emphasizes tremendous opportunities offered by CBD Biotech's products in enormous yet untapped CBD Chinese market California-based ChineseInvestors.com Inc. (OTCQB: CIIX) is a financial-news media and content platform founded in 1999 that has become a leading financial information platform for Chinese-speaking investors in the United States and China. Recognizing exceptional opportunities in the emerging cannabis industry, CIIX is leveraging its tremendous financial expertise to establish itself as a leader…

MondayFeb 10, 2020 11:53 am

O’Cannabiz Conference & Expo to Showcase Star-Studded Cast at International Centre

On its return to Toronto, O’Cannabiz Conference & Expo will be featuring a celebrated cast of cannabis champions, crusaders and campaigners. As with last year, Canada’s premier cannabis event will once again be offering invaluable content and impressive speakers as the conference gets going April 23-25, 2020, at the International Centre in Mississauga, Ontario. The speaker lineup includes famed Dame Olivia Newton-John, Michelle Romanow, Rachel Rapinoe and Shaun O’Neale, all of whom are well-known cannabis evangelists. The three-day trade fair includes a business conference, an industry awards gala and more than 400 expositions. Over 7,500 cannabis aficionados, advocates and acolytes…

MondayFeb 10, 2020 4:20 am

420 with CNW – Colorado Unveils Plan to Ease Banking Access for Marijuana Industry

On Monday, Colorado Governor Jared Polis unveiled a plan through which he seeks to increase the number of financial institutions conducting business with the legal marijuana industry. Rep. Ed Perlmutter joined Polis at the press conference for announcing the new legislation “Roadmap to Marijuana Banking and Financial Services.” The Assembly-led legislation was sponsored by Perlmutter, and the legislation’s aim is to protect financial institutions from being punished for transacting with the legal marijuana businesses within Colorado. Polis said that federal prohibitions on marijuana have forced banks to rejects opening accounts for marijuana businesses, blocking them from accessing financial services. The…

FridayFeb 07, 2020 4:20 pm

420 with CNW – Feds Worried International Cannabis Rescheduling Could Force Their Hand

An upcoming vote seeking to loosen international restrictions on cannabis has the U.S. federal government worried as it could reinforce marijuana legalization efforts. Media outlets obtained a government document that was released last year by the United Nations’ (UN) World Health Organization (WHO). The report was discussing a series of marijuana policy recommendations in the U.S. The policies discussed include the removal of marijuana from Schedule 1 of controlled substances under an international treaty as well as rescheduling some cannabinoids. Last year, the UN’s Commission on Narcotic Drugs was expected to vote on WHO’s reclassification recommendations and decide if they…

FridayFeb 07, 2020 1:29 pm

USA CBD Expo 2020 to Offer Opportunity to Sample Products, Features 300+ Vendors

When the nation’s most popular CBD/hemp trade show – USA CBD Expo 2020 – opens its doors in Las Vegas, it may well turn out to be a veritable Garden of Eden for the CBD community. Slated for February 13-15, 2020, USA CBD Expo will take place at the Las Vegas Convention Center and feature products from more than 300 exhibitors on display. The leading exposition will shine a spotlight on some familiar brands, as well as a number of lesser-known labels. A large throng of growers, retailers, buyers and members of the public are expected to attend, just as they…

FridayFeb 07, 2020 4:20 am

420 with CNW – Illinois Pot Companies Sell Marijuana Worth Almost $40M in January

The adult-use marijuana industry in the state of Illinois started on a high note. On Monday, the Department of Financial and Professional Regulation announced that in the month of January, marijuana sales came to a total of $39.2 million. Recreational marijuana sales became legal on the Jan. 1, 2020, and within January, marijuana customers bought approximately one million cannabis products. The majority of the marijuana products were purchased by residents of Illinois and this amounted to $30.6 million, while $8.6 million was purchased by out-of-state consumers. The sales figures above do not account for medical marijuana sales; it is only…

ThursdayFeb 06, 2020 4:20 pm

420 with CNW – In-Store Marijuana Dispensary Trends to Watch This Year

It is the nature of any new industry to have rapid trend changes, and the marijuana market is not an exception. Changes are therefore most likely be visible on the shelves at your local dispensary. Lately, you may have noticed that shorter lines and fewer people are seen queuing at the dispensaries; this is because digital kiosks are serving the customers faster. Marijuana customers will also be able to purchase more CBD-infused products as it is the product that is legal in many states in the U.S. this year. Discussed below are some of the in-store dispensary trends to watch…

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