NewsRoom Articles - Page 366 of 596

ThursdayDec 19, 2019 4:20 pm

420 with CNW – Tech Companies Launch First Digital Payment Platform for Marijuana

For several years since American states started legalizing marijuana, the most significant challenge has been the issue of dealing with finance since financial institutions such as banks and credit unions were wary of conducting business with marijuana companies. This is because marijuana is classified as a Schedule 1 drug under the Controlled Substances Act, hence making it illegal. The marijuana industry has been forced to operate on a cash basis due to a lack of access to financial institutions, and this has led to a load of challenges such as slower payments and vulnerability to theft. The inability of marijuana…

ThursdayDec 19, 2019 10:13 am

ChineseInvestors.com Inc. (CIIX) CEO Talks Company Milestones, Goals, Plans to Capitalize on CBD Opportunity

Featured on SmallCapVoice.com interview, Warren Wang outlines plans for CIIX subsidiary, CBD Biotech Inc. CBD Biotech one of few players in China’s fast-growing CBD market Company to focus on hemp/CBD-infused cosmetic products ChineseInvestors.com Inc. (OTCQB: CIIX) provides prominent financial information for Chinese-speaking investors in both China as well as the United States. The company is also a leading hemp retailer looking to capitalize on the growing market for hemp/CBD products in China. During a recent SmallCapVoice.com interview, CIIX CEO Warren Wang provided updates about CIIX as well as its subsidiary, CBD Biotech (http://cnw.fm/v1kML). In the interview, Wang explains the enormous market…

ThursdayDec 19, 2019 4:20 am

420 with CNW – Marijuana Production Legalized in Zambia

The Zambian government has approved a proposal seeking to legalize marijuana production in the African country. The marijuana cultivated in Zambia would be strictly used for medicinal purposes and exportation. Annual license fees for companies looking to operate marijuana businesses in Zambia will be $250,000. Only those whose bids are successful will be awarded commercial permits to grow and export cannabis. According to the Health Minister Chitalu Chilufya, the government would issue medical marijuana licenses once companies have presented evidence and assurance of their cultivation process to the point where patients can use the end product without inducing the psychoactive…

WednesdayDec 18, 2019 4:20 pm

420 with CNW – Florida Lawmakers Continue Debating Edibles and Other Marijuana Issues

The lawmakers in Florida approved the use of marijuana edibles more than two years ago, and this week, the health officials set in motion their plans of making the treats available in retail outlets. The most commonly used marijuana-infused treats by patients and recreational users include cookies, gummies, and lollipops in states that have already legalized the marijuana. The Department of Health in Florida announced that they developed regulations for products that will be allowed and those that will not be approved; however, they have not released the details. It will be a while before Floridians can access some edibles…

WednesdayDec 18, 2019 2:10 pm

USA CBD Expo 2020 to Celebrate in Vegas as Hemp Legalization Turns One Year Old

Could there be any place better than Vegas to gather for a CBD celebration? No, according to the organizers of USA CBD Expo 2020, the nation’s largest CBD and hemp event. The trade show, scheduled for February 13-15, 2020, at the Las Vegas Convention Center, will feature some 500 branded products from more than 300 vendors, including some of the top names in the market. That’s not all! A number of leading figures from fields as disparate as advertising, agriculture, branding, law and regulations will share their expertise and analyses with attendees. The event will feature countless business and networking opportunities.…

WednesdayDec 18, 2019 11:11 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Adds Key Operating Asset and Prepares Operations for Cannabis 2.0

Supreme Cannabis to retrofit 107,000 square foot facility; creating centralized manufacturing, processing, packaging center for internal and third-party use Supreme Cannabis releases comprehensive operational update, including plans for producing cannabis 2.0 products from the company’s operating assets SPRWF CEO provides update on company’s plan for focused infrastructure and brands, giving a detailed overview of SPRWF business The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, recently published a comprehensive press release that provided operational updates on its facilities and plans for manufacturing its cannabis 2.0 products (http://cnw.fm/9LMce). Shortly thereafter, SPRWF released a…

WednesdayDec 18, 2019 4:20 am

420 with CNW – MLB Action Prompts Stakeholders to Expect a Marijuana Policy Shift in the NFL

Toward the end of last week, a top National Football League (NFL) team owner, Jerry Jones, and the New England Patriots quarterback player, Tom Brady, said that the league's marijuana rules are bound to change after the MLB announced that it is eliminating marijuana from the list of banned substances for baseball players. In an on-air interview with a Dallas radio station on Friday, Jones said that any issue regarding marijuana is a sensitive topic across the globe. He also noted that the leagues are excited about the possibility of being at par with the social and legal scene on…

TuesdayDec 17, 2019 4:20 pm

420 with CNW – Senators Pressure DEA to Provide Update on Cannabis Grower Applications

Top federal drug and health agencies are under pressure from a group of senators to provide an update about the long overdue increase in the number of authorized marijuana manufacturers for study purposes. Led by Senator Elizabeth Warren (D-MA), the lawmakers wrote a letter emphasizing the importance of expanding the supply of research-grade marijuana as more states move to legalize marijuana either for recreational or medical consumption. The letter was addressed to the Drug Enforcement Administration (DEA), Office of National Drug Control Policy, and the Department of Health and Human Services. Although the DEA announced that it would approve additional…

TuesdayDec 17, 2019 1:52 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Key Operational Hires for Fast-Expanding Business

Newly appointed SPRWF COO John Griese brings decades of CPG industry experience and aims to create the most effective supply chain in cannabis industry SPRWF appoints seasoned operations manager to oversee standout 7ACRES brand SPRWF gains regulated operations expertise with the addition of Sándor Wolkensperg as General Manager of the Company’s new Kitchener facility The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) continues to attract top talent in the competitive cannabis space with the recent announcements of several key operational hires. Joining Supreme Cannabis is John Griese as chief operating officer; Dan Sippel as general manager of…

TuesdayDec 17, 2019 11:47 am

MCTC Holdings Inc. (MCTC) Files Fifth Patent on Heels of Positive Lab Results for Revolutionary CBD Technology

MCTC Holdings Inc. is engaged in developing infusion technologies, including nanoparticles, for making hemp extracts more bioavailable to users through the bloodstream The company has a particular goal of promoting beverage infusion superior to anything existing in the industry as a potential replacement for alcohol and alcohol’s negative health effects MCTC has filed its fifth patent under its Hemp You Can Feel brand after lab results exceeded the company’s expectations for demonstrating cannabis particle infusion on a minuscule, undetectable basis Cannabinoid science innovator MCTC Holdings Inc. (OTC: MCTC), a Delaware-registered, fully reporting company, has applied for what would be its…

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