NewsRoom Articles - Page 357 of 596

TuesdayJan 28, 2020 4:20 pm

420 with CNW – Mexican Lawmakers Get Set to Legalize Pot in April

As the legislature resumes their sessions next month in Mexico, lawmakers are preparing to push for marijuana reform since they have been seen circulating an amended bill amongst themselves. The amended legislation seeks to legalize and regulate cannabis sales within Mexico. The amended legislation was filed by the Justice and Health committees. It would allow possession of a maximum of 28 grams of marijuana per adult and cultivation of a maximum of six plants for personal use. It also has a provision allowing people to apply for a license to carry more than 28 grams of weed but not above…

TuesdayJan 28, 2020 12:13 pm

SinglePoint Inc. (SING) CEO Reviews Record Year, Outlines Strategy for Record-Breaking Growth in 2020

CEO anticipates SING will surpass $10 million in gross revenues this year SinglePoint plans to drive 2020 vision through organic growth in high-value, high-opportunity markets and synergistic acquisitions Company to focus on Direct Solar, 1606 Original Hemp product line SinglePoint Inc. (OTCQB: SING) founder and CEO Greg Lambrecht thanked all 24,000-plus SING shareholders in a letter sent out this month (http://cnw.fm/I9YEe). The letter also outlines the company’s strategic plan for the new year, including a forecast that SinglePoint will reach $10 million in gross revenues this year, based primarily on the company’s focus on solar and the launch of 1606 Original…

TuesdayJan 28, 2020 4:20 am

420 with CNW – Missouri Licenses 192 Medical Cannabis Dispensaries

One hundred and ninety-two dispensaries were issued with permits by the state of Missouri, allowing them to sell medical marijuana to patients. Of the 192 dispensaries, eight are located in Springfield City. Missouri has eight Congressional districts, and each of them was issued with 24 licenses by the state Department of Health and Senior Services. The department indicated that the recipients of the permits met the requirements of the program and that they scored the highest during the evaluation of the license applicants. There were more than 1,200 applications for dispensary licenses within the state. Medical marijuana was legalized in…

MondayJan 27, 2020 4:20 pm

420 with CNW – Virginia Lawmakers OK Marijuana Decriminalization Bill

On Thursday, Virginia Senators passed a bill decriminalizing marijuana within the state. The legislation removes the threat of imprisonment for simple marijuana possession. The measure was approved through a voice vote by the Senate Judiciary Criminal Law Subcommittee. The panel debated other measures that were adopted into the passed marijuana legislation, such as the expungement of criminal records and decriminalization proposal. The subcommittee approved the measure irrespective of the protests from the state chapter of the ACLU. The ACLU argued that the legislation did not protect the people of color from being caught up in the war against drugs and…

MondayJan 27, 2020 2:20 pm

Confluence of Entertainment, Business Makes Las Vegas Ideal Setting for USA CBD Expo

USA CBD Expo will promote cannabis and hemp industry education when it opens, February 13 at the Las Vegas Convention Center The trade show will feature more than 500 brands and provide a variety of experiences, including culinary outings with Chef Matthew Stockard Las Vegas may boast a reputation as the entertainment capital of the world, with ambitions to also become the pro sports capital of the world (http://cnw.fm/dN6G3), but, increasingly, it’s also becoming a hub for large-scale business activity from its oasis in the Southwest’s desert. Casino giants Las Vegas Sands, MGM Resorts and Wynn Resorts serve as poster-perfect paragons…

MondayJan 27, 2020 1:23 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Reaches Significant Milestones, Already Has Top-10 Product Two Months after New Market Entry

PLUS presents at Cannabis Industry Virtual Investor Conference Plus Products cracks top-10 edibles product list within two months of expanding into Nevada market Company continues expansion by launching into the fast-growing national hemp CBD space After bringing successful edible cannabis products to market, Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) has steadily increased revenues in the last few years. The company offers the best-selling cannabis product, PLUS UPLIFT Sour Watermelon Gummies, in California, the country’s most competitive state for cannabis companies. On January 9, the Cannabis Industry Virtual lnvestor Conference was held for an audience of investors, analysts and advisors.…

MondayJan 27, 2020 12:36 pm

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Set for Leading Role in Cannabinoid Market Via Innovative Tech, New Tolling Contracts

HTC’s patented Delta Purification™ technology will reuse, recycle, and purify the extraction ethanol used in the cannabinoid extraction process, being designed to reduce waste Company is in late-stage negotiations to sign IPGrow™ hemp biomass tolling contracts with producers and hemp biomass providers in the U.S. and Canada for the 2020 hemp growing and production year U.S. sales of hemp-based cannabinoid products to reach $22 billion by 2022 HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp biomass cultivation, extraction, formulation and refining entity, is positioned for rapid market growth through 2020 due to its one of a kind “local to…

MondayJan 27, 2020 11:56 am

MCTC Holdings Inc. (MCTC) Signs Major Distribution Contract for Hemp You Can Feel™ Line, Files Sixth Hemp Extract Delivery Patent

Unique hemp extract beverage line created via dual infusion clean label process using exclusively natural ingredients with zero chemical additives Collaboration with Marijuana Company of America to expand soon to other MCTC drink offerings Company files sixth hemp extract delivery patent for single-serving coffee pods containing cannabinoids and a unique dosing system MCTC uses strategic agreements, acquisitions, and intellectual property to achieve multiple growing verticals within global cannabis industry Cannabinoid science innovator MCTC Holdings Inc. (OTC: MCTC) announced the signing of a distribution contract with Marijuana Company of America (OTCQB: MCOA) for the former’s Hemp You Can Feel™ beverage product…

MondayJan 27, 2020 4:20 am

420 with CNW – Governor Cuomo Includes Cannabis Legalization in New York Budget Proposal

On Tuesday, New York Governor Andrew Cuomo added marijuana legalization in his 2020 budget proposal, which sets the state on another push for legalization as the 2020 legislative sessions begin. This comes after a recent survey showed that support for recreational marijuana legalization is at its highest ever in the state. Last year, Cuomo had included a similar proposal in his agenda but later dropped it after realizing that the lawmakers could not arrive at a mutual agreement about specific issues of legalization before the legislative deadline. However, his administration is positive that this year will be different. According to…

FridayJan 24, 2020 4:20 pm

420 with CNW – New Mexico Governor Says Now is the Time to Legalize Pot

On Tuesday, during her State of the State address, New Mexico Governor Michelle Lujan Grisham said that the time has come for the state to legalize marijuana. Last week, the New Mexico governor officially included marijuana legalization in her 2020 agenda and said that marijuana reform represents a lucrative economic opportunity for the state, and more than two-thirds of New Mexico residents are in favor of the marijuana reform. There is a possibility of marijuana legalization being approved, which would make New Mexico the twelfth state in the U.S. to legalize recreational marijuana. Lujan Grisham further said that adult-use marijuana…