NewsRoom Articles - Page 355 of 596

ThursdayFeb 06, 2020 4:20 am

420 with CNW – LA Black Entrepreneurs Frustrated by Unresponsive Marijuana Equity Program

The establishment of a program meant to provide marijuana permits to people who have been affected by the war against drugs in Los Angeles has been marred by delays, scandal, and bureaucratic blunders. This has resulted in the loss of thousands of dollars for some of the intended beneficiaries. Speaking to the Guardian, black entrepreneurs and marijuana activists said that the beleaguered social equity program had left potential business owners on a list whose approval timeline is uncertain, and this has resulted in irreparable damages to the finances of the businesses in question. It has also prevented them from opening…

WednesdayFeb 05, 2020 4:20 pm

420 with CNW – Authorities Say Illinois Marijuana Shortages Were Planned

Since the legalization of adult-use marijuana in Illinois, the market has been plagued by long queues, closure of dispensaries, and shortages; and this has left marijuana customers very frustrated. However, it has emerged that the cultivators intended to start the sale of recreational marijuana on a slow note, the state officials said. The cultivators and state officials said that their ultimate goal is to have a marijuana market where supply and demand are balanced. Governor J. B. Pritzker’s senior advisor on marijuana Toi Hutchinson said that the regulators aimed to intentionally slow down the market to ensure that there was…

WednesdayFeb 05, 2020 12:10 pm

No Borders Inc. (NBDR) Accesses Lucrative Niche as Big Players Ease Up on CBD Research and Development

The FDA has reiterated its position of not currently allowing the marketing of CBD by adding it to a food or labeling it as a dietary supplement Tight FDA requirements provide an opening for startups like No Borders, Inc., which leverages blockchain supply chain technology to ensure and confirm the quality of CBD products Sales of all legalized cannabis in the U.S. are projected to reach $41 billion in 2025, including $6 billion from hemp-derived CBD products. CBD product sales to consumers to reach an estimated $20 billion by 2024 There is no denying that cannabidiol (CBD) is a booming market…

WednesdayFeb 05, 2020 4:20 am

420 with CNW – Jamaica is Helping Small Unlicensed Marijuana Growers to Go Legit

The Jamaican government is offering small-scale farmers who are cultivating marijuana illegally a way out by transitioning them into licensed growers in an effort to eliminate the black market. Instead of punishing unlicensed growers, the government is helping them transition into the regulated marijuana market to raise awareness, eradicate poverty, and promote sustainable development in the country. In a press release, the Jamaican Minister of Industry, Commerce, Agriculture, and Fisheries, Floyd Green said that the program (Alternative Development Plan) is focusing on community groups. Green further noted that they are starting with a group of weed farmers, where they provide…

TuesdayFeb 04, 2020 4:20 pm

420 with CNW – What US Marijuana Entrepreneurs Can Learn from Canadian Mistakes

The legalization of recreational marijuana in Canada took place in October 2018, and since then, the country has been facing a lot of issues, many of which offer valuable insights to entrepreneurs and government officials. Forewarned is forearmed; countries such as the United States and others looking for national legalization of adult-use marijuana should learn from Canada. Discussed below are the lessons other countries should learn from the legalization of marijuana in Canada. Marijuana Stocks were not Trading on Fundamentals Investors looking to invest their money in marijuana stocks should be careful. According to the BBC, marijuana stocks in Canada…

TuesdayFeb 04, 2020 12:37 pm

NECANN Boston 2020 – Where Sativa Spring Begins

This year, spring officially gets underway with the commencement of the sixth annual New England Cannabis Convention (NECANN) in Boston. Set to open on the vernal equinox, NECANN – the East Coast’s largest cannabis industry event – takes place March 20-22, 2020, at the Hynes Convention Center in Boston. Since its inaugural event in 2014, the NECANN conference series has become a destination of pilgrimage for the New England cannabis community, consistently attracting the largest number of hemp, MMJ and cannabis industry professionals. This year promises to be no different. NECANN Boston 2020 will, once again, be the largest, most…

TuesdayFeb 04, 2020 11:43 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Expects to Launch Cannabis Products in Q1, Aims to Become World’s Strongest Cannabis Brand

PLUS plans to build on legacy of success as it expects to announce two new product offerings in Q1 2020 Company has best-selling cannabis products in California New products to launch wellness/relief and “get high/have fun” product categories With the best-selling cannabis product in California among its powerful product lineup, Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) is looking to build on its legacy of success as it plans to grow its product portfolio this year. Bolstered by the success garnered in 2019, PLUS plans on releasing two new cannabis product offerings in Q1 2020. “PLUS is expanding its brand…

TuesdayFeb 04, 2020 8:21 am

Cannaphyll Hemp-Infused Topical Cream Formulated to Powerfully and Rapidly Respond to Symptoms of Pain and Inflammation in Skin, Muscles, Nerves And Joints

New Phylloceutical Offers Beneficial Extracts from Hemp, Elderberry, and Organic Plant Concentrates Coupled with Highest Percentage of Hemp Extract on the US Market Cannaphyll is the new hemp-infused topicals line unveiling at USA CBD Expo, Las Vegas, February 13-15, 2020, Booth #439. While consumers are faced with an onslaught of CBD and hemp-related products, new Cannaphyll is truly best-in-class. Cannaphyll has created a suite of hemp-infused topical skin care products. With 94% organic ingredients, all U.S. made, the topical infusions are formulated with a proprietary blend of exotic plant extracts to maximum uptake and delivery. “Today’s active-lifestyle boomers, fitness-enthusiast Gen-Xers,…

TuesdayFeb 04, 2020 4:20 am

420 with CNW – Hotels Still Unsure About How to React to Marijuana Legalization

One major part of the travel industry is the hotel, and with the legalization of marijuana taking place in more and more states in the U.S., hotels are facing several challenges concerning marijuana consumption. They are faced with the issue of figuring out how to allow their guests to partake in marijuana consumption within their properties, training and drug testing their staff, and how to deal with the changing marijuana laws. The principal of Woodmont Lodging said that the emerging trend, marijuana, is not going away, and it can be likened to casinos when they were trying their push countrywide.…

MondayFeb 03, 2020 4:20 pm

420 with CNW – Missouri Advocates Launch 2020 Marijuana Legalization Signature Drive

On Thursday, Marijuana advocates in Missouri officially launched a campaign to put adult-use marijuana legalization on the November ballot. The measure requires 160,199 valid signatures to be entered in the 2020 ballot, and Missourians for a New Approach announced that they have started collecting the signatures to qualify the measure. Their announcement comes a month after the secretary of state certified the ballot titles and gave the go-ahead for signature collection. The legislation provides that individuals aged 21 and above would be permitted to carry and purchase marijuana from licensed retailers. They could also grow a maximum of three plants…