NewsRoom Articles - Page 392 of 608

FridayOct 18, 2019 1:11 pm

Cannabis Consumer & Business Expo’s Exhibitor Opportunities Unmatched in the World of Cannabis Events

Savvy business owners know it; the only way to grow an organization is to spread the news about the services it offers. In the cannabis world, one of the best ways to do exactly that is at Cannabis Consumer & Business Expo (CC&BE), slated for November 22-24 at the Queen Elizabeth Building in Toronto, Ontario. CC&BE brings together like-minded industry professionals working in all aspects of the cannabis industry. Exhibitors recognize that the opportunity to share what they do with licensed producers, growers, investors, suppliers, health care providers, finance reps and more is one of the most valuable ways they…

FridayOct 18, 2019 12:36 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Projects Up to $180M in Net Revenues for FY2020

In a YouTube interview, Supreme Cannabis CEO Navdeep Dhaliwal stated that investors should focus on the company’s strong balance sheet Supreme Cannabis reported $41.8 million in sales for FY2019, as compared to $8.9 million in FY2018, marking a 370 percent year-over-year jump; the company also reported its first positive adjusted EBITDA Dhaliwal further noted that the performance of subsidiary 7ACRES is key to the company’s growth The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, projects that its fiscal 2020 net revenues will increase to an estimated $150 million to $180…

FridayOct 18, 2019 11:56 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Developing Edibles and Infused Beverages Amid Growth in Recreational Use Industry

IONIC Brands is a manufacturer of premium cannabis products with a diverse portfolio The company recently acquired Zoots Premium Cannabis and its variety of drops, gummies, energy shots, and hard candies, sold in Illinois, Washington, Colorado, and Massachusetts IONIC is also preparing to build on its patents for brewing cannabis-infused coffee, tea, and cocoa The edibles market was valued at approximately $2.4 billion in 2018 with expected revenues of about $11.6 billion by 2025 Recreational adult-use cannabis continues to make headlines amid growing legalization throughout North America, providing opportunities for national cannabis holdings company IONIC Brands Corp. (CSE: IONC) (OTC:…

FridayOct 18, 2019 4:20 am

420 with CNW – California Marijuana Industry Workers Move to Unionize

California has made it easy for weed workers to join labor unions after Governor Gavin Newsom on Friday signed into law a bill that requires all cannabis stores that have 20 employees or more to enter into labor peace agreements. California is the second state (after New York) to issue a requirement for licensed weed shops to enter into a peace deal with the labor union whereby they promise not to stop their employees from joining a union. This agreement will discourage workers from organizing labor strikes against the company. In recent years, there has been an increased number of…

ThursdayOct 17, 2019 4:20 pm

420 with CNW – Researchers Call for Global Marijuana Dosage Standard Units

There are no widely accepted health guidelines for marijuana despite the increased moves by different states to legalize recreational cannabis and the widespread consumption of weed. Addiction and Mental Health Group researchers from the University of Bath, in collaboration with UCL, Kings College London, and the Australian Catholic University in Melbourne, suggests that users should be educated on the dosages of THC, which is the component of the drug that is psychoactive (gets you high). The team had conducted another research in 2018, which highlighted that over the past decade, the THC concentration in Europe doubled. When combined with this…

ThursdayOct 17, 2019 2:38 pm

Cannabis World Congress & Business Exposition in Boston Positioned as Premier Event

Those in the cannabis industry looking to elevate and strengthen their positions in the space should consider attending an event that “brings diversity to the fore” and that attendees call a “game changer.” Cannabis World Congress & Business Exposition (CWCBExpo) is changing the game once again for attendees as it presents this month’s event, scheduled for October 24-26 at the Hynes Convention Center in Boston. The Boston CWCBExpo event is the leading forum for dispensary owners, growers, suppliers, investors, medical professionals, government regulators, legal counsel and entrepreneurs looking to achieve business success and identify new areas of growth in this…

ThursdayOct 17, 2019 4:20 am

420 with CNW – Former FDA Boss Calls for Federal Regulation of Marijuana Markets

On Monday, Scott Gottlieb, the former Food and Drug Administration Commissioner, said that the federal government should be given the authority to regulate states’ marijuana programs. In a CNBC appearance, Scott Gottlieb said that the increase in vaping related lung illnesses calls for the need of a federal regulatory system that would give the agencies power to enforce industry standards on all facets of the legal cannabis market such as the potency of THC and the proper methods of consumption. Although the official was previously not clear on the extent of federal government involvement citing that the vaping problems are…

WednesdayOct 16, 2019 4:20 pm

420 with CNW – Ruling Party in Scotland Supports Decriminalizing Drugs

On Sunday, Scottish National Party delegates, in a unanimous vote, approved a resolution calling for the decriminalization of drug possession and consumption. The lawmakers representing the Scottish National Party, which is the third-largest party in the UK Parliament, in a conference in Aberdeen, argued that the parliament should remove criminal charges from drug offenses, and addiction should be addressed as a public health problem so as to control the overdose crisis in Scotland. The resolution is an amendment to the 1971 Misuse of Drugs Act which states that we are in the 21st century and the current law is not…

WednesdayOct 16, 2019 12:41 pm

Boston Cannabis World Congress & Business Exposition Stands as Hallmark Event for Diverse Range of Cannabis Participants

Aiming high and delivering strong has become a hallmark of Cannabis World Congress & Business Exposition (CWCBExpo). The events, held three times a year in New York, Los Angeles and Boston, operate with a defined mission of being the leading forum for dispensary owners, growers, suppliers, investors, medical professionals, government regulators, legal counsel and entrepreneurs looking to achieve business success and identify new areas of growth in the dynamic and fast-growing cannabis industry. For six years, the organization has consistently delivered on that mission. This month’s upcoming Boston CWCBExpo will be the next in the stellar line of premier cannabis…

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…