NewsRoom Articles - Page 387 of 592

TuesdaySep 10, 2019 4:20 am

420 with CNW – Study Finds Overregulation Encourages Illicit Marijuana Market in Legal States

The excessive regulations in the U.S. states where marijuana is legal could be the reason why the marijuana black market continues to thrive, according to a new study. This conclusion came at the end of an exploratory study that crunched the numbers on data from the first two states to legalize recreational marijuana. This quantitative analysis focused on the news reports about the crime rates in the two states. The findings of the analysis were mixed. On the one hand, the marijuana crime rates in Colorado remained unchanged while those in Washington State increased significantly once stricter regulations were implemented.…

MondaySep 09, 2019 4:20 pm

420 with CNW – Tech Nonprofit Targets Aiding the Expungement of Quarter a Million Marijuana Convictions

Code for America, a nonprofit technology organization, has developed technology which could help to clear the marijuana conviction records of up to 250,000 people across the U.S. The software is currently being used in California and it will be rolled out to other states where expungement laws have been enacted. Code for America created an application called Clear My Record. This app makes it easy for the authorities to identify the cases that qualify for California’s 2016 law that defines which convictions can be expunged. When the app was first developed, it was tested in five counties in California. At…

MondaySep 09, 2019 1:14 pm

NECANN Cultivating Collaboration in the Garden State

When NECANN’s New Jersey Cannabis Convention (“NECANN NJ”) kicks off later this month, the Garden State will be hosting the largest gathering in its flourishing cannabis industry. Set for September 14-15, 2019, at the A.C. Convention Center in Atlantic City, New Jersey, the conference aims to promote collaboration in the existing New Jersey medical cannabis industry, as well as linking up those looking forward to the opening of an adult recreational market in the state. NECANN takes a collaborative approach to all of its conventions, which has resulted in consistently high ROI for exhibitors, sponsors and attendees alike. Events will…

MondaySep 09, 2019 11:38 am

SinglePoint Inc. (SING) More than Doubles Revenues in Q2 2019

SinglePoint focuses on acquiring firms that are primed to benefit from injections of growth capital The company recently reported a doubling of Q2 revenues over the same period of the prior year SinglePoint’s growth strategy involves astute acquisitions in varied market sectors SinglePoint Inc. (OTCQB: SING), a company specializing in acquisitions of small to mid-sized companies, recently announced that its second quarter 2019 saw incredible revenue earnings of more than double those of the same quarter of last year. Embracing new technologies, the company’s emphasis is on the cannabis industry, as well as bitcoin and blockchain technologies. The company researches…

MondaySep 09, 2019 11:02 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Strong Q2 2019 Financial, Operational Results

The company’s cash reserves reached $34.1 million by June 30, 2019, increasing from $22.4 million on December 31, 2018 PLUS (TM) is recognized as a leading cannabis brand in California, which is the most competitive market globally The company is investing in several growth areas, including talent, market share, infrastructure and financial capacity Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) recently released its unaudited financial and operational results for the quarter and half-year ended June 30, 2019. The company was able to achieve strong results despite the competitive landscape of the California cannabis market. “Our high product standards, growing brand…

MondaySep 09, 2019 4:20 am

420 with CNW – LA Launches Crackdown on Marijuana Black Market

Recently, the city of Los Angeles launched a major crackdown on illegal marijuana activities that include cultivation, extraction, manufacturing and delivery. The city has a penalty of six months’ incarceration and a fine of $1,000 for those convicted of engaging in any unlicensed commercial cannabis activity. LA City Attorney Mike Feuer is quoted as saying that that his office was taking the enforcement action because it wasn’t good for some entities to go through the entire process of getting licensed while others come and distort the industry without playing by the same rules. Currently, the city has about 165 licensed…

FridaySep 06, 2019 4:20 pm

420 with CNW – Mississippians Likely to Vote on Medical Cannabis After Ballot Measure Signatures Are Submitted

Voters in Mississippi are likely to be given a chance to cast their vote to decide whether medical marijuana should be legalized in the state after a group of activists submitted a list containing more than the minimum number of voter signatures required to put the matter on the 2020 ballot. Though the signatures that were submitted on Wednesday this week still have to be verified by the Mississippi Secretary of State, Mississippians for Compassionate Care (MCC), the group behind the campaign to put the matter before voters, are confident that all is set after they submitted lists containing in…

FridaySep 06, 2019 1:27 pm

New West Summit 2019 to Focus on Investment, Media and Technology Trends Shaping the Future of Cannabis

For those wanting to get their bearings in the fast-developing cannabis industry, attending New West Summit 2019, October 10-11 in San Francisco, is the perfect event option. Set to be held at the Bespoke Event Center in Westfield Mall, the event – now in its fifth year – will gather decision makers from the technology, media and investment sectors to discuss the forces shaping the future of the cannabis industry. New West Summit 2019 attendees will be treated to an array of presentations, displays by more than 50 exhibitors, a smorgasbord of food and drink and plenty of networking opportunities.…

FridaySep 06, 2019 4:20 am

420 with CNW – Colombia Makes Progress as an International Medical Marijuana Industry Player

While Colombia has been infamous as a major player in the illegal drugs trade due to its production of illicit marijuana and cocaine, the country is slowly but steadily making its mark as a major player on the international market for medical marijuana, according to the British Broadcasting Corporation (BBC). Currently, Colombia has a number of farms that are dedicated to cultivating medical marijuana for the export market. Some of the most significant destinations for this medical marijuana are Canada, the UK and many other countries around the world. The BBC World News report points out that many nations around…

ThursdaySep 05, 2019 4:20 pm

420 with CNW – Advocates Intensify Fight for Workers’ Right to Use Marijuana

Should someone using marijuana in a state where it is legal fear that they will lose their job or have their job application rejected? Pro-marijuana advocates are starting to show that the answer is an emphatic “no” and they are demanding for action in this regard. It is ironical that California, which paved the way for recreational marijuana across the country, doesn’t have protections for workers who use legal marijuana within its state borders. Courts have ruled that the laws legalizing marijuana don’t shield workers from being fired for using marijuana and the attempt of lawmakers to correct this situation…