NewsRoom Articles - Page 392 of 604

FridayOct 04, 2019 4:20 am

420 with CNW – FBI Data Shows Cannabis Arrests Increased Last Year

Despite the passing of marijuana legalization laws in different states across the U.S., the number of marijuana-related arrests keeps rising. On Monday, the FBI released new data which showed that in 2018, the number of marijuana arrests was 663,367. This means that every 48 seconds, one marijuana-related arrest was made. The data showed an increase from 659,700 arrests that were made in 2017, while there were 653,249 arrests in 2016. The number of arrests continues to rise even though more than 11 states in the United States have legalized the use of recreational marijuana for people who are 21 years…

ThursdayOct 03, 2019 4:20 pm

420 with CNW – Five Benefits of Marijuana to Seniors

Our bodies demand more care as we age. By the year 2030, one estimate suggests that the number of seniors with some ailment will be double the current number. This equates to 15 million senior citizens. The forecast prompted the search of ways in which cannabis can help improve the lives of the elderly. The good thing is that cannabis is still considered as a newcomer in the medical field, so it has a lot of untapped potential. It is not a wonder to see more research on the effects of marijuana and its impact on the elderly in the…

ThursdayOct 03, 2019 11:24 am

GP Solutions (GWPD) Partners with Snoop Dogg to Co-Brand Innovative Cannabis Growing Solution in Agricultural Heartland

GP Solutions is dedicating a series of its innovative and disruptive GrowPod agricultural solutions to the cannabis market through an agreement with rapper and cannabis advocate Snoop Dogg The company introduced its ‘Snoop's Premium Nutrients Pods’ to popular acclaim at the recent CannaCon South convention in Oklahoma City Oklahoma is a significant target market, because it has one of the most business-friendly medical marijuana licensing initiatives in the country; GP Solutions expects to open a GrowPod showroom and sales office in Tulsa this month The Tulsa facility will also include a training and educational center to teach students about new…

ThursdayOct 03, 2019 10:49 am

Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) Obtains Official Licensing, Significantly Increases Production Capacity

OGI recently received government approval and licensing for 17 additional cultivation rooms The company’s licensed production capacity now totals 76,000 kilograms per year Organigram’s strategic plan for continued expansion is reportedly on schedule Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, has obtained Health Canada approval for licensing of 17 additional cultivation rooms. The move brings the company’s total target licensed production capacity to 76,000 kilograms per year (http://cnw.fm/9z5aA). This is the next step in the company’s strategic plan to increase capacity and further improve its efficiencies of scale. The…

ThursdayOct 03, 2019 8:58 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Posts Record Quarter-End, Year-End Numbers

SPRWF released impressive numbers in its latest financial report The company highlighted its stable position in a roller-coaster industry The 7ACRES brand plays a key role in the company’s current and future growth initiatives The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is ending its FY2019 as one of the few Canadian cannabis businesses building sustainable operations and valuable brands, according to the company’s FY2019 year-end report (http://cnw.fm/vQrj1). The report announced impressive numbers that indicate the company’s stable position in a sector that has been rocked by up-and-down performance throughout the year. The company released its Q4 2019…

ThursdayOct 03, 2019 4:20 am

420 with CNW – Marijuana Legalization Bill Introduced in Pennsylvania

Just a few days after Gov. Tom Wolf (D) announced that he was now in support of legalizing recreational marijuana, a bill has been filed in the state Assembly seeking to create a state-run system through which recreational marijuana can be brought to the state. Under the legislation introduced by Rep. David Delloso (D), adults 21 or older can possess, consume, purchase and even cultivate marijuana through a stores system run by the state through the Liquor Control Commission. The text of this proposed law states that the legalization of marijuana is being sought in order to enhance the best…

WednesdayOct 02, 2019 4:20 pm

420 with CNW – Five Reasons Pennsylvania is Experiencing a Medical Marijuana Drought

A 21-year-old Dalton Hunsberger, who has Perkasie man’s epilepsy, uses medical marijuana to treat his seizures, nausea, and anxiety. However, according to his mother, it has been a challenge accessing the medicine for the past two months, because it sells out the minute it gets to the dispensaries. According to several dispensary owners, Pennsylvania is on the brink of medical marijuana drought, which has prompted dispensaries to ration marijuana sales. A dispensary in Fishtown, Restore Integrative Health Care, has issued a limit of 7g limit per patient every day, 14g limit per day at Keystone in South Philadelphia and 28g…

WednesdayOct 02, 2019 9:50 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Secures DTC Eligibility, Gets Greenlight to Trade Shares on Domestic Market

IONIC Brands’ move to secure DTC eligibility is expected to promote convenience and liquidity for investors while also boosting the company’s ability to attract new investors The announcement follows the presentation of the company’s stellar financial results for Q2; over the reporting period IONIC Brands registered a 377 percent year-over-year increase in revenue The company has plans to expand into several U.S. states throughout the balance of 2019 and beyond On September 18, 2019, IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) announced that it has secured eligibility from the Depository Trust Company (DTC) for its shares on the…

WednesdayOct 02, 2019 4:20 am

420 with CNW – A New Study Aims to Find if Marijuana Can be Used to Treat Symptoms of Autism

Montefiore Medical Center in New York is conducting a clinical trial which will examine the effects of cannabidivarin (CBDV) on the level of irritation and repetitive behaviors in autistic children. Cannabidivarin is a compound of marijuana that is nonpsychoactive and does not induce highness upon consumption. GW Pharmaceuticals grows the cannabis to be used during the research. The company occupies 47-plus acres in the English countryside and is the first drug company to develop cannabis-related medicine which was approved by the U.S. Food and Drug Administration. Two rare types of epilepsy are treated using the drug. Dr Sanjay Gupta, who…

TuesdayOct 01, 2019 4:20 pm

420 with CNW – Five Reasons Medical Marijuana is Overshadowing Recreational Marijuana in the Market

The cannabis industry has created a buzz on Wall Street over the years. This is attributed due to the increased potential of legal marijuana. Arcview Market Research and BDS Analytics released a report on the state of legal marijuana market, which shows that between the year 2014 and 2018, global sales of legal weed in licensed stores tripled. After investing in the weed industry Wall Street is predicting that on the lower side, annual sales will be $50 billion or $200 billion on the higher side in the next ten years. If their estimate is correct, the marijuana sector will…