NewsRoom Articles - Page 358 of 592

WednesdayJan 08, 2020 4:20 pm

420 with CNW – Why Law Enforcement May Not Be Ideal for Stamping Out the Marijuana Black Market

The illicit marijuana market is still thriving in California. A recent audit conducted by the United Cannabis Business Association in California showed that the number of illicit marijuana businesses is approximately 3,000. In June, Griffen Thorne wrote a post on the several ways the state can fight the thriving black market, which is a problem for the state economy as well as a threat to people's health. However, the state did not initially acknowledge the suggested methods of fighting the illegal market since, recently, the state announced a tax increase on marijuana products, which in turn raised the cost of…

WednesdayJan 08, 2020 1:43 pm

ChineseInvestors.com Inc. (CIIX) Offers Powerful Two-Pronged Strategy for Investors, Shows Promise in China’s Emerging CBD Sector

ChineseInvestors.com has become top financial-information website The company is also advancing its cannabidiol program CIIX offers investors multiple revenue streams, healthy return potential Based in San Gabriel, California, ChineseInvestors.com Inc. (OTCQB: CIIX) offers a proprietary financial-news media and content platform. The company has become a foremost financial-information website for Chinese-speaking investors in the United States and China. Via its main website – www.ChineseInvestors.com – CIIX offers an array of investor-education products and services. CIIX is also laying the foundation to capitalize on increasing demand for CBD (cannabidiol)-based nutrition and health products. CIIX’s investor-education products and services include real-time market commentary,…

WednesdayJan 08, 2020 12:23 pm

SinglePoint Inc. (SING) Finalizes Distribution Agreement, Debuts Premium Tobacco Product at World’s Largest Gathering of Cannabis Professionals

SING announces distribution agreement with JTI USA designed to grow market for PrimeTime Little Cigars SinglePoint debuts, takes orders for Little Cigars at preeminent marijuana business conference Global cigar market is currently $10 billion and forecasted to grow at a CAGR of 4.23% from 2019 to 2024 SinglePoint Inc. (OTCQB: SING), a company that specializes in acquisitions of small to mid-sized companies with an emphasis in new technologies, announced that it has inked a new distribution agreement with JTI USA that could significantly grow the footprint of PrimeTime™ Little Cigars throughout North America (http://cnw.fm/8J9zc). “I’m excited and honored to be working…

WednesdayJan 08, 2020 11:32 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Patented DehydraTECH™ Platform Increases CBD Tissue Absorption by 1,937%

DehydraTECH™ drug delivery platform achieved a 319% higher CBD blood concentration level at 60 minutes than the generic coconut oil formulation The technology can be used on the nicotine market, the pharmaceutical market, and the cannabinoid market No other company in the world has a patent for improved delivery of all non-psychoactive cannabinoids Partnership with one of the world’s largest tobacco companies with up to $12 million in Lexaria funding for clinical investigations and product development Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has launched a revolutionary technology that accelerates intestinal absorption of bioactive substances administered without the need for…

WednesdayJan 08, 2020 4:20 am

420 with CNW – 5 Mistakes Commercial Cannabis Producers Should Avoid

Marijuana is a profitable crop that is highly regulated, and growers must avoid the mistakes discussed below when establishing their commercial operations. This will enable them to produce high-quality yields and still adhere to the evolving regulations. Installing a growing system using equipment from various suppliers. Setting up your commercial marijuana facility will be difficult if you are ordering the equipment, such as benching, irrigation systems, and lighting from different suppliers. As a grower, you should make sure that your benches are well coordinated with your irrigation system. Similarly, the cooling system should be designed in a way that takes…

TuesdayJan 07, 2020 4:20 pm

420 with CNW – Virginia Governor Wants Marijuana Decriminalized in the State in 2020

On Friday, Virginia’s Gov. Ralph Northam announced that on top of his agenda for the 2020 General Assembly session is criminal justice reform and marijuana decriminalization. While listing his legislative priorities, the governor featured a decriminalization measure. Northam intends to make low-level marijuana possession punishable by a fine of $50 without additional jail time; however, his proposal does not specify the exact amount of marijuana that falls in this classification. His proposal also includes a provision seeking for expungement for people previously convicted of marijuana possession. In a press release, Northam said that residents of Virginia deserve to have access…

TuesdayJan 07, 2020 2:19 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Focuses on Growing the Leading Cannabis Gummy Brand in California, Announces New Distribution Partner

Plus Products boasts best-selling cannabis product in California in 2019 Company recently announced transition to HERBL Distribution Solutions as main California distribution partner PLUS is growing brand, focusing on both current and new market opportunities Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), a hemp and cannabis food company using nature to bring balance to consumers’ lives, is on a mission to make cannabis safe and approachable. PLUS(TM) is working to build the world’ strongest cannabis brand. Headquartered in San Mateo, California, the company focuses on producing edibles using extracts to ensure compliant, dosable and appetizing products that provide a consistent…

TuesdayJan 07, 2020 12:48 pm

MCTC Holdings Inc. (MCTC) CEO Discusses Development of Hemp-Related Products and Delivery Technologies in Exclusive Interview

The company aims to promote cannabinoid-infused beverages without adverse side effects, superior to most analogical products, to potentially replace alcohol Expanding on development of infusion technologies to include exotic cannabinoids, such as CBN and THC-V, which may improve sleep and control appetite Global industrial hemp market is expected to grow to $26.6 billion by 2025 at CAGR of 34.0% Cannabinoid science innovator MCTC Holdings Inc. (OTC: MCTC), doing business as Cannabis Global, Inc., is undergoing a rebranding process with the goal of developing unique products that will allow it to take advantage of cannabis industry opportunities while avoiding overcrowded and…

TuesdayJan 07, 2020 12:44 pm

Will the NBA and NFL Follow MLB in Updating Cannabis Policies?

Major League Baseball (MLB) recently got on the right side of history when the league announced that it will be removing cannabis from its list of banned substances and will treat cannabis like alcohol. The new policy will become effective starting in 2020 during the league’s spring training. MLB’s cannabis policy change marks a significant shift in professional sports, and given the prominent role that professional sports plays in society, it is a really big deal. Currently, professional baseball players are bound by a very harsh cannabis policy that results in severe penalties for failed drug tests (a 50 ng/mL…

TuesdayJan 07, 2020 4:20 am

420 with CNW – Kansas Governor Expresses Her Support for Marijuana Legalization

On Thursday, the Governor of Kansas, Laura Kelly, said that if the state lawmakers sent a bill seeking to legalize marijuana to her desk, there is a possibility that she would sign it into law. Speaking about the legislative priorities for 2020 in several interviews, Gov. Kelly said that the lawmakers should legalize medical marijuana as it would help Kansas families whose children are suffering from serious ailments. Medical marijuana would also help in fighting the opioid crisis by reducing the use of prescription pain medication. Although Gov. Kelly said that she is not in favor of legalizing adult-use marijuana,…