NewsRoom Articles - Page 368 of 596

WednesdayDec 11, 2019 4:20 pm

420 with CNW – Why You Should Be Cautious About Telling Police You Use Weed

The law enforcement agencies are still arresting people for using or possessing marijuana despite its legal stature in many jurisdictions around the country, and some of these arrests are brought about by personal admission of use or possession to the police. People are under the impression that it is okay to admit that they are using marijuana since it is legal in many states in the U.S. Others assume that since marijuana is legalized, the rules associated with the plant are not applicable, so they end up throwing caution to the wind as you find them leaving their homes with…

WednesdayDec 11, 2019 12:30 pm

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Positioned for Soaring Profit on North American CBD Market

HTC has completed a 19,000-square-foot tolling facility near Regina, Saskatchewan that will house extraction and are awaiting GMP Euro compliance Company closed a $10 million private placement of 25 million units to fund expansion operations U.S. sales of hemp-based CBD products to peak at t $22 billion in two years, projected CAGR of 147 percent HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp biomass cultivation, extraction, formulation and refining entity, is positioned for a truly soaring bottom line driven by major investments and acquisitions in the fast-growing cannabidiol (CBD) and cannabinoid market. The company recently closed a private placement…

WednesdayDec 11, 2019 4:20 am

420 with CNW – Bipartisan Lawmakers Urge DEA to Allow Researchers to Study Cannabis from Dispensaries

On Friday, a bipartisan coalition of legislators from the House and Senate sent a letter to the Department of Justice requesting policy amendments, which would allow researchers to use marijuana bought from state-legal dispensaries for their studies on its benefits and risks. The legislators were led by Rep. Harley Rouda (D-CA) and Sen. Brian Schatz (D-HI). In the letter, they cited federal health agencies' feedback where they said that research on marijuana is inhibited by the existing restrictions on cannabis. The primary challenge is that there exists only one federally-authorized facility producing research-grade marijuana. Although the DEA said that they…

TuesdayDec 10, 2019 4:20 pm

420 with CNW – Trimming Technology to Boost the Cannabis Industry

Companies operating in the cannabis industry are in existence because of the marijuana plant, which is cultivated and harvested to manufacture marijuana products and services. The marijuana plant is harvested through trimming, a process through which the farmer separates the stem and leaves from the flower. When trimming is done correctly, the marijuana plant dries properly and the buds are highly potent and appealing to customers when taken to the market. When there are many plants to be harvested, trimming can be quite tiresome and time-consuming. Innovators in the cannabis industry are working on developing a faster process of trimming…

TuesdayDec 10, 2019 12:26 pm

SinglePoint Inc. (SING) Reports Record Revenue Numbers for 3Q, Anticipates Continued Upward Trajectory

SinglePoint posts largest 3Q revenue numbers in company’s history Strategic plan in place to make SING one of largest publicly traded companies in the smokable hemp space Hemp, solar industries major focus for company in 2020 SinglePoint Inc. (OTCQB: SING) recently posted third-quarter numbers – the largest third quarter in company history (http://cnw.fm/nUi2A). Revenue for the company reached more than $1 million as the SING continues to see impressive growth in both hemp and solar. In addition to reporting record-breaking revenue, the company outlined plans for continued growth moving into 2020. “We have an exceptional strategic plan in making SinglePoint…

TuesdayDec 10, 2019 4:20 am

420 with CNW – Huge Demand Forces Michigan Recreational Weed Retailers to Impose Purchase Limits

In Michigan, recreational marijuana business is booming. On Wednesday, a recorded message from Arbors Wellness in Ann Arbor said that currently, the shop has a high number of customers, which is keeping them extra busy and they are therefore unable to answer calls. The overwhelming demand has even led to purchase limits being imposed by the retailers. The sale of recreational marijuana in Michigan was launched on December 1 and since then, demand has been so high that businesses were forced to turn away customers at some point. On the first day of recreational sales, four shops generated an average…

MondayDec 09, 2019 4:20 pm

420 with CNW – Michael Bloomberg Now Supports Marijuana Decriminalization

Former New York Mayor Michael Bloomberg is a Democratic presidential candidate who has been outspoken against marijuana law reforms but is now in favor of decriminalizing marijuana possession. On November 24, Bloomberg launched a late bid for the Democratic presidential nomination; however, he faced criticism for making dismissive remarks earlier in the year about cannabis legalization when he said that the policy change is the stupidest thing anybody has ever done. On Wednesday, the Wall Street Journal reported that Bloomberg is in support of criminal justice reform for the decriminalization of simple marijuana possession and states’ right to end prohibition…

MondayDec 09, 2019 11:25 am

HTC Extraction Systems (TSX.V: HTC) Reports Continued Revenue Growth in Third Quarter Results

HTC Extraction Systems is turning its distillation technology prowess toward hemp biomass refining for the cannabidiol (CBD) product market The company recently reported third quarter financial results showing a year-over-year revenue increase of more than 2.5 times largely due to agri-infrastructure operations, but expects to see new and greater growth as its CBD production takes shape The company has completed construction on a 19,000-square-foot facility near Regina, Saskatchewan that will house its quality-assurance testing and product-development laboratories as well as its extraction and formulation-processing operations HTC has also recently acquired California-based Kase Farma Inc., an extraction and formulation company in…

MondayDec 09, 2019 4:20 am

420 with CNW – New Zealand Government Presents 2020 Marijuana Legalization Bill

On Tuesday, the residents of New Zealand got a peek at the contents of a draft proposal on marijuana legalization that will be subject to a voter’s decision during the 2020 ballot. According to a summary statement, the government of New Zealand is publishing the draft bill to ensure that the residents are well informed on the direction of legalization and the decisions being made. The draft legislation gives a framework of the essential elements of establishing a regulated recreational marijuana market. Before the 2020 elections, the government will have updated the bill while taking into account public feedback. If…

FridayDec 06, 2019 4:20 pm

420 with CNW – US Virgin Islands Governor Asks Legislators to Hold Special Marijuana Legalization Session

The U.S Virgin Islands Governor Albert Bryan Jr. is calling on the lawmakers to consider recreational marijuana legalization in a special session, which would be held later this month. If the proposed measure is approved, the U.S. Virgin Islands (USVI) will be the third territory in the U.S. to legalize adult-use marijuana, following in the footsteps of Guam and the Commonwealth of the Northern Mariana Islands. In a press conference, Bryan said that the new measure would create a regulated system and enable tourists to visit the U.S.Virgin Islands. It would also increase the tax fees collected by the Virgin…