NewsRoom Articles - Page 388 of 592

ThursdaySep 05, 2019 4:20 am

420 with CNW – Mexican Senator Files Cannabis Legalization Bill as Supreme Court Deadline Looms

Barely a month before the deadline given by the Mexican Supreme Court compelling the government to pass legalization legalizing marijuana elapses, a senator has filed a bill to end prohibition. Sen. Julio Menchaca Salazar, the chair of the Senate Judicial Committee and a member of the ruling party in the country, filed the bill that seeks to legalize the possession, cultivation and use of marijuana by adults. The bill intends to amend two existing laws while also providing for the use of medical marijuana. The bill will also legalize the use of industrial hemp in the manufacture of textiles. During…

WednesdaySep 04, 2019 4:20 pm

420 with CNW – USDA Publishes Report on the Status of the Canadian Hemp Industry

The U.S. Department of Agriculture (USDA) has released a report that provides details about the status of the hemp industry in neighboring Canada. The six-page document which was authored by the Agriculture Attaché Evan Mangino indicates that while hemp was legalized in Canada close to 20 years ago and the U.S. only did so last year, the two countries are facing identical regulatory challenges. Last year, Canada exported approximately 5,400 metric tons of hemp seeds. About 70 percent of those exports were to the U.S., but this figure is expected to drop a great deal once U.S. hemp farmers start…

WednesdaySep 04, 2019 1:24 pm

Tinley Beverage Company (CSE: TNY) (OTCQX: TNYBF) Manufacturing Cannabis-Infused Beverages and DSD Services for California Distributors

Pure-play cannabis-infused beverage manufacturer Tinley Beverage Company (CSE: TNY) (OTCQX: TNYBF) recently announced that it has completed the buildout of its permanent bottling facility in Long Beach, California. The company is currently producing its five alcohol-inspired cannabis beverages via a temporary manufacturer, making it one of the only publicly traded companies and the only pure play that now has cannabis beverages in the market. Tinley’s 20,000-square-foot, state-of-the-art-facility is purpose-built for cannabis beverage production, and the company reported that its line is capable of producing at least one million bottles per month, with a space plan for two additional lines that…

WednesdaySep 04, 2019 12:57 pm

VPR Brands LP (VPRB) Positioned to Experience Windfall as Thai Hospitals Start Administering Cannabis Oils

VPR Brands is set to benefit from the approval of medical marijuana in South Asian markets The Thai marijuana industry is expected to reach $661 million by 2024 VPRB announced growth of $1.58 million for Q2 2019, marking a 31 percent increase over last year VPR Brands LP (OTCQB: VPRB), a technology holding company whose assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers and electronic cigarette products and components, is positioned to benefit as the Southeast Asian medical market could soon start using medical marijuana for the treatment of its patients. This…

WednesdaySep 04, 2019 10:27 am

Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Builds Multistate Assets Portfolio as US Cannabis Market Heads for $50 Billion

The U.S. cannabis market is racing along at a 25 percent CAGR Nabis Holdings recently issued a letter to shareholders The company has appointed an independent director Based in Vancouver, Canada, Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) is targeting positive cash flow and strategic assets in the cannabis space, both in the United States and abroad. Nabis already has investments in Arizona, California, Michigan and Washington and is looking to expand its portfolio to include four to five more states in the next three to four months. Nabis is headed by two industry veterans who exited another firm after receiving one of…

WednesdaySep 04, 2019 4:20 am

420 with CNW – Federal Money to Facilitate Research into Removing Pesticides from Cannabis

A quarter of a million dollars is being handed by a U.S. federal agency to a biotech company so that research into how dangerous pesticides can be removed from several crops, including marijuana, can be done. Brooklyn Bioscience is the lucky startup that won the two-year grant worth $250,000 from the National Science Foundation. The money will help to further the company’s efforts to engineer an enzyme with the capability of breaking down organophosphates (OPs). OPs are pesticides that have been found to be extremely hazardous to the environment and humans. Marijuana farmers will be especially interested in this enzyme…

TuesdaySep 03, 2019 4:20 pm

420 with CNW – Israel to Triple Medical Marijuana Production

According to Israeli media, the government has issued an additional seven medical marijuana cultivation licenses. This decision will result in the tripling of the amount of medical marijuana grown in the country. The seven companies granted cultivation licenses are Elpis Flora, Briev Agricultural Crops, Medical Cannabis Growing, Rami Sela, Shavit Agro, Natali Buskila and S. Sydan. It is expected that these seven entities will be in position to avail medical marijuana products to Israeli pharmacies by the end of this year. This week also marks the overhaul of the medical marijuana program in Israel as new regulations come into force.…

TuesdaySep 03, 2019 1:14 pm

Experience the Growing Power of Cannabis in Spectacular Niagara Falls During the 2019 Grow Up Conference and Expo

Explore the growing power of cannabis in an iconic setting – the world-famous Niagara Falls – as the Grow Up Conference and Expo returns to this magnificent location to shower thousands of participants with an opportunity to soak up the hottest topics and latest trends lighting up the cannabis community. Scheduled for September 12-14, 2019, at the Scotiabank Convention Centre in Niagara Falls, Ontario, Grow Up Conference and Expo is the premier event for longtime cannabis enthusiasts, entrepreneurs, established businesses and the curious. More than 5,000 attendees are expected to arrive in Niagara Falls to learn, network and take a…

TuesdaySep 03, 2019 4:20 am

420 with CNW – Study Finds the Presence of Marijuana Reduces Local Crime Rates

Many opponents of marijuana legalization have often argued that legalization would open the door to higher crime rates within the neighborhoods where cannabis dispensaries are located. However, a study done in Denver has shown that in the neighborhoods where cannabis dispensaries are opened, crime rates tend to reduce in comparison to the neighborhoods without marijuana dispensaries. The researchers write that when a marijuana dispensary is opened in an area, a crime reduction rate of 19 percent is noted relative to the overall crime rates within the period under study. This monthly reduction in crime was computed on the basis of…

FridayAug 30, 2019 12:42 pm

Grow Up Conference & Expo to Offer A Wide Range of Events for Diverse Audience

Grow Up Conference & Expo sets the right tone for cannabis connections The third annual Grow Up Conference & Expo returns to Niagara Falls, September 12-14, 2019, promising a diverse and exciting list of experts and leaders in the cannabis industry. Focusing on the growth of the cannabis industry through individual and large-scale producers, Grow Up Conference & Expo is designed to advance education and collaboration within the cannabis industry. More than 160 speakers and 5,000 attendees are expected to come together for a three-day event that includes speeches, lively panel discussions and networking opportunities. Featured speakers are set to…