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MondayJul 22, 2019 1:01 pm

5 Reasons Why Medical Cannabis Programs Are Still Needed After Legalization

Cannabis legalization is a good thing. Although, unfortunately, the rise of legalization has resulted in medical cannabis programs being rolled back. That has certainly been the case in Washington and Oregon, and is likely to happen in other states that voted to legalize. The reasoning that some elected officials have offered up is that if cannabis is legal for all adults, why is medical cannabis still needed? I often get asked if it's even worth still being a patient in a legal state. I live in Oregon, and despite cannabis being legal here, I am still a registered medical cannabis…

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MondayJul 22, 2019 12:41 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Committed to Maintaining Quality, Meeting Demand

TGOD is dedicated to high standards in the midst of a growing cannabis supply gap The company is increasing production rates and margins through its alliance with Eaton Corp. and its use of high-tech hybrid facilities TGOD is creating a positive economic impact in local towns across Canada The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) produces farm-grown, premium, certified-organic medical cannabis in small batches in Hamilton, Ontario, and Valleyfield, Quebec. Even in the midst of an expanding supply gap, TGOD’s officials know that time spent cultivating product through clean, natural and sustainable methods is worth the wait,…

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MondayJul 22, 2019 11:27 am

Marijuana Company of America Inc. (MCOA) and JV Partner to Begin Planting at Covered Bridge Acres

The team at Covered Bridge Acres employs environmentally friendly practices; it’s in the process of obtaining organic certification The MCOA and GHG teams utilize greenhouses to produce their own seeds instead of purchasing cloned product from third parties This strategic change is forecast to reduce the company’s operating expenses by $200,000 Marijuana Company of America Inc. (OTCQB: MCOA), an industrial hemp company involved in the cultivation and distribution of hemp-derived products, along with joint venture partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), recently announced the commencement of commercial planting at its hemp farm in Scio, Oregon. This…

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MondayJul 22, 2019 4:20 am

420 with CNW – New Data Reveals Cannabis Legalization Increases Rates of Snacking

New data released by Nielsen shows that people who live in states where marijuana is legal snack more than their counterparts in states with prohibitionist laws. The uptick in the sales of snacks was noticed for sweet and well as salty snacks. This study suggests that legalizing recreational marijuana can create a boom for the confectionary and snack segments of the food and beverage industry in the U.S. While snacks sales saw a modest 6 percent increase in states where marijuana is still prohibited for recreational use, states that tolerate adult-use marijuana registered an increase of 7.2 percent in the…

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FridayJul 19, 2019 4:20 pm

420 with CNW – Michigan Names 19 Communities to Benefit from Marijuana Social Equity Program

Michigan has unveiled the details of the communities that will benefit from the marijuana Social Equity Program of the state. The MRA (Marijuana Regulatory Authority) made this announcement while releasing the list of 19 communities and the different ways in which applicants from those communities will benefit. The 19 disadvantaged communities are Detroit, Benton Harbor, East Lansing, Albion, Flint, Ecorse, Hamtramck, Highland Park, Inkster, Kalamazoo, Mt. Pleasant, Mt. Morris, Muskegon Heights, Muskegon, Niles, Pontiac, Saginaw, River Rouge and Ypsilanti. During an exercise that lasted several months, the Marijuana Regulatory Authority put 150 stakeholders in workgroups and solicited input from them…

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FridayJul 19, 2019 12:20 pm

SinglePoint Inc. (SING) Subsidiary to Support Fall Sports Programs for Dozens of Texas Schools

SinglePoint has signed a contract to become the exclusive solar marketing partner and donate funds to 47 schools The company also inked a premium hemp-flower deal SING offers investment opportunity across a wide range of market sectors Direct Solar, a subsidiary of SinglePoint Inc. (OTCQB: SING), recently announced that it has signed a contract to become the exclusive solar marketing partner to support fall sports programs for 47 schools across the Dallas/Fort Worth, Houston, Austin and Waco areas. According to the contract, the company will donate $250 to the schools’ fall sport booster programs for each solar system sold by the…

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FridayJul 19, 2019 11:55 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Shows Impressive Domestic, International Growth

Supreme is building a diverse portfolio of domestic and global premium cannabis brands The company is revolutionizing strain development for the global cannabis market Supreme delivers consistently premium products and investment opportunities through its wholly owned subsidiaries and partnerships Canada’s only coast-to-coast premium cannabis producer, The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is passionate about its products. The company provides high-quality brands and products that elevate its mission of becoming a leader in the global cannabis industry. Rather than focus on simply upping production, Supreme Cannabis pursues the production of the best cannabis possible, aiming for…

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FridayJul 19, 2019 4:20 am

420 with CNW – Study Finds Legalized Recreational Cannabis a Danger to Alcohol, Not Tobacco

The recent wave of adult-use marijuana legalization across the U.S. has the potential of generating $22 billion in annual sales, but not everyone is thrilled about this development. New research that will soon be published in the Marketing Science journal shows that the alcohol industry is likely to take a hit once marijuana is legalized. The research was done by Pengyuan, an assistant professor at the Terry College of Business (University of Georgia). He worked with Guiyang Xiong from Syracuse University. The duo analyzed online search data taken from one of the leading web portals based in the U.S. In…

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ThursdayJul 18, 2019 4:20 pm

420 with CNW – Cannabis Sales Could Soon Surpass Wine Sales, New Data Reveals

If the current trend of cannabis sales during the Fourth of July holiday continue, marijuana could outsell wine as soon as July 4 next year, according to new data collected on different staples during Independence Day celebrations. The week in which this year’s Independence Day fell saw a record $400 million worth of cannabis sold by dispensaries across the country. Statistics show that this figure is 60 percent above the national average of the marijuana sales made during any typical week of the year. The data collected and analyzed by Akerna Corp shows that every single day leading to July…

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ThursdayJul 18, 2019 12:25 pm

Marijuana Company of America Inc. (MCOA) Signs Joint Venture LOI, Plans Expansion in California

MCOA signed a letter of intent with Northern Lights Distribution and Alpha Private Equity & Capital to form Magnolia Extracts The joint venture aims to expand large-scale operations surrounding the delivery, distribution and manufacture of cannabis products MCOA earlier acquired a 20 percent equity interest in and signed a JV with Natural Plant Extract of California Marijuana Company of America Inc. (OTCQB: MCOA), a hemp and cannabis corporation, has signed an LOI with Northern Lights Distribution (“NLD”) and Alpha Private Equity & Capital to form joint venture Magnolia Extracts LLC, with plans to debut delivery, distribution and manufacturing at its…

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