NewsRoom Articles - Page 381 of 596

WednesdayOct 16, 2019 12:25 pm

LiveWire Ergogenics Inc. (LVVV) is “One to Watch”

Revenue from the U.S. marijuana industry expected to reach over $21 billion by 2021, according to ArcView Research Group. Acquired $6 million 265-acre Estrella Ranch property in Paso Robles, California. Experienced legal, environmental and public company management team. Received cultivation/nursery and distribution licenses for its nurseries in Coachella and Paso Robles, Calif. In negotiation with San Louis Obispo City Council for Hemp production license at Estrella Ranch. Received California state distribution license from the California Bureau of Cannabis Control. Established statewide distribution division for distribution of cannabis products throughout California. Installed the first of several planned state-of-the-art self-contained production PODs…

WednesdayOct 16, 2019 11:47 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches Top-Selling Edibles into Thriving Nevada Adult-Use Cannabis Market

PLUS is making strategic moves, having recently introduced the top two best-selling cannabis products in California across all categories into Nevada Plus Products is hyper-focused on building the world’s largest cannabis brand With 45 million visitors annually and sales numbers surpassing expectations, Nevada is an ideal next step for PLUS Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis-branded product company with the top two best-selling cannabis products in California according to BDS Analytics, is moving into the growing Nevada market (http://cnw.fm/Hp6zE). The company made the move by releasing its infused-gummies product line, which includes the two best-selling cannabis products…

WednesdayOct 16, 2019 11:15 am

Dama Financial Provides Access to Transparent Banking Services for Cannabis Industry

Cannabis companies are facing financing problems, because the big banks will not take them on as customers Dama Financial is focused on making transparent banking services readily available to the cannabis industry Dama Financial offers turnkey services to clients looking for safe, sustainable and modern financial/payment options Although more than 30 states have legalized cannabis use in some form, the majority of businesses in the field are having a hard time gaining access to banking services, leading to the emergence of specialized ancillary services to fill this gap. Dama Financial, a San Francisco-based private company, is one of these service…

WednesdayOct 16, 2019 4:20 am

420 with CNW – Group Campaigns for Congressional Action on Pesticide-Free Marijuana

Last Tuesday, Beyond Pesticides, a nonprofit organization said that a lack of federal regulations on pesticides used on marijuana plants is putting marijuana consumers at risk. Beyond Pesticides are advising their supporters to send letters to lawmakers urging them to hold hearings and investigations on the illicit use of unapproved pesticides in the legal markets to prevent toxic pesticide contamination. They are urging the state to advise the farmers to adopt an organic system of planting the cannabis crop. The Environmental Protection Agency (EPA) has to approve and register each crop before farmers can apply the pesticide. And since cannabis…

TuesdayOct 15, 2019 4:20 pm

420 with CNW – Roadside Marijuana Breathalyzers Could Soon Be Available

Drivers who have smoked marijuana in the past three hours will be easily identified using roadside breath tests, which may be available in 2019. It has been reported that the two companies manufacturing roadside marijuana breathalyzers such as Oakland-based Hound Labs and Sann Tex are hoping that by the second quarter of 2020, their breathalyzers will be ready for use. Mike Lynn, who is the co-founder of Hound Labs, said that his company’s Breathalyzer would be able to identify someone who has used marijuana in the past three hours since that is when the drug is in full effect, and…

TuesdayOct 15, 2019 4:20 am

420 with CNW – California Governor Signs Law Allowing Medical Marijuana on K-12 Campuses

In some California school districts, parents can now bring medical marijuana to their children in K-12 campuses; this is according to a new bill signed into law by Governor Gavin Newson. Last year, Governor Jerry Brown had barred the same bill. The bill which was signed late Wednesday states that, if the school board permits access, parents can administer medical marijuana that is not in the form of vaping or smoking products to the students on the campus premises. Governor Newson who was among the first proposers of the 2016 recreational cannabis legalization, overruled the opposition by law enforcement groups…

MondayOct 14, 2019 4:20 pm

420 with CNW – Texas Inexplicably Halts Medical Cannabis Dispensary Licensing Process

The Texas Department of Public Safety suspended the permit application process for medical marijuana dispensaries without warning. According to the Department of Compassionate Use Program website, the department is currently not accepting any applications. Initially, the state had said that the application process would remain open from October 1 to November 1. This announcement was quite a shock to advocacy groups that were looking to see the implementation of the expanded medical cannabis program since the list of qualifying conditions was expanded by the legislature to include ALS (amyotrophic lateral sclerosis), terminal cancer, autism, and seizures disorders. Initially, medical marijuana…

MondayOct 14, 2019 4:20 am

420 with CNW – ACLU Sues County in Pennsylvania over Medical Marijuana

The American Civil Liberties Union is suing Lebanon County’s Court System and probation department over their decision that prevents the use of medical marijuana by people who are on parole. According to ACLU, Lebanon is not the only county implementing this policy; other counties include Elk, Forest, Indiana. Lycoming, Potter, and Northampton. ACLU is hoping that the suit will have implications in all the counties. The suit was formed in September when Lebanon County announced that people who are on probation would no longer be able to access medical marijuana treatment even if they have medical marijuana cards. The state…

FridayOct 11, 2019 4:20 pm

420 with CNW – Federal Report Shows More Banks Are Accepting Marijuana Businesses

According to a federal report, there is an increase in the number of banks and credit unions accepting to service marijuana businesses in the third quarter of 2019. In the first quarter of 2019, there were 493 banks and 140 credit unions accepting marijuana businesses. In the second quarter, the number of banks and credit unions increased to 553 and 162, respectively. They submitted documents showing that they will be conducting business with legal marijuana businesses. Accepting to conduct business with marijuana companies is viewed as a risky move in the financial sector because marijuana remains a federally controlled substance.…

FridayOct 11, 2019 11:09 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Eyes European Growth

Located in the Netherlands, Truverra Europe is already established in select European markets, providing an early foothold for Supreme Cannabis Supreme Cannabis’ investment vehicle, Supreme Heights, provides European upstarts with access to capital, proven expertise and tools The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a company dedicated to growing the world’s best cannabis and becoming a leader in the global industry, is creating inroads into Europe’s cannabis industry through its various subsidiaries. The company is taking an aggressive approach to secure its position in Europe’s rapidly increasing cannabis market, a market worth an estimated $318 million…