NewsRoom Articles - Page 401 of 603

WednesdayAug 28, 2019 12:52 pm

Organigram Holdings Inc.’s (TSX: OGI) (NASDAQ: OGI) Commitment to Corporate Governance, Fiscal Discipline a ‘Rarity in the Industry’

Organigram’s corporate governance distinguishes the company in the cannabis industry OGI’s consistent financial performance positions it as an “anomaly in the Canadian cannabis market” The company recently upgraded from the TSX Venture Exchange to the Toronto Stock Exchange Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, is focused on producing high-quality, indoor-grown cannabis for patients and adult-recreational consumers. Championing that cause is Organigram’s leadership team, a group of seasoned professionals on the forefront of the global cannabis market who bring decades of experience…

WednesdayAug 28, 2019 11:34 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Adds Cannabis Edibles, Bluetooth Dosing Tech to Growing Recreational Use Operation

West Coast-based IONIC Brands has focused on vape products for recreational cannabis users, but a new agreement with a Washington-based partner grants it a foothold in the edibles and infused products sectors A second agreement between IONIC and an Australian Bluetooth technology producer will grant IONIC’s consumers access to vaporizer tech originally designed to help medical patients control the dosing of their medications The agreements mark an expansion of the cannabis holding company’s ability to provide secure dosing to recreational users IONIC expects to launch its newest vape product using the technology during the third quarter Cannabis holding company IONIC…

WednesdayAug 28, 2019 9:00 am

Passage of California Assembly Bill Expected to Spur More Growth in the Hemp, CBD Markets

CannabisNewsWire Editorial Coverage: With a powerhouse economy worth more than $3 trillion, California’s economy ranks as the fifth largest in the world. Current legislation is expected to pave the way for the state’s hemp market to explode. With a series of smart acquisitions and brand expansions, Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile)appears to be a strong pick-and-shovel presence as California looks at passing hemp-friendly legislation. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) just announced a new hemp-based acquisition, while Greenlane Holdings Inc. (NASDAQ: GNLN) and The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) (TGOD Profile) have both inked deals that strengthen their presence in the hemp industry as…

WednesdayAug 28, 2019 4:20 am

420 with CNW – Thailand Turns Confiscated Marijuana into Medical Products

Thailand legalized medical marijuana last year and it started distributing cannabis oil in state-run hospitals last week. Now the Thai authorities have announced that they will be turning over any seized illegal marijuana to the government agency making cannabis oil for distribution in government-run hospitals. This week, the police confiscated one ton of marijuana from a criminal gang. Rather than destroy this bust, the Thai authorities have made a decision to transfer the marijuana to the Department of Traditional Alternative Medicine as well as the Department of Medical Sciences. These two entities are authorized to process the marijuana into about…

TuesdayAug 27, 2019 4:20 pm

420 with CNW – Minnesota Governor Instructs State Agencies to Get Set for Marijuana Legalization

The Democratic governor of Minnesota is taking steps to prepare the state for the possible legalization of marijuana next year. This came to light when Gov. Tim Walz (D) was hosted during a radio program. Different agencies, such as those charged with matters of revenue, public health and safety, have all been put on notice to get ready to swing into action as soon as lawmakers pass the appropriate law. Ryan Winkler, the Democratic House Majority Leader, also revealed that he would sponsor a marijuana legalization bill during the 2020 legislative session. In an editorial he authored, Winkler underscored the…

TuesdayAug 27, 2019 12:29 pm

Cannabis World Congress and Business Expo Provides Showcase for the Business of Bud

The sixth annual LA Cannabis World Congress and Business Expo will take place in Los Angeles, September 25-28 The CWCBExpo will feature a continuing education workshop, opportunities to network with cannabis industry professionals, exhibit booth access and an informational forum on hemp The expo’s New York event in June sold out the exhibit floor and saw a packed crowd for Steve White’s opening keynote address; a similar keynote is scheduled to open the expo in LA The business of bud is booming, as legalization of the once off-limits plant spreads roots throughout North America and into far-flung international markets. Thousands…

TuesdayAug 27, 2019 11:10 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Adds to Multistate Portfolio with Nevada Acquisition

Combined adult-use and medical cannabis sales in Nevada reached nearly $530 million in 2018, the first full year of legal recreational sales The company’s acquisition of Vegas Valley Growers North in Las Vegas included production facilities, four state licenses and popular Nevada vape brand ‘Vegas M Stick’ National cannabis holding company IONIC Brands Corp. (CSE: IONC) (OTC: IONKF), formerly Zara Resources Inc., recently added to its multistate portfolio of award-winning cannabis brands with the purchase of Vegas Valley Growers North (“VVG”), a Las Vegas, Nevada, state-licensed cultivation and manufacturing firm for medical and recreational cannabis. The vertically-integrated, cash-flow positive opportunity brings…

TuesdayAug 27, 2019 4:20 am

420 with CNW – Scientists Find That Chocolate Complicates THC Testing in Marijuana Edibles

Scientists recently discovered that chocolate inexplicably complicates the process through which the potency of marijuana edibles can be tested. This discovery was revealed during the American Chemical Society conference held on Sunday. David Dawson, the principal investigator, revealed that the THC potency of marijuana edibles can be affected if those products contain chocolate. These findings could make manufacturers, regulators and consumers to rethink everything they know about marijuana edibles. To illustrate the ramifications of his findings, David Dawson referred to the law in California which requires any marijuana edible whose THC content is found to be less than what is…

MondayAug 26, 2019 4:20 pm

420 with CNW – New Industry-Backed Cannabis Legalization Measure Announced in Florida

A multi-state medical marijuana dispensary chain is behind the latest measure which has been filed to legalize recreational marijuana in Florida. This measure was filed on Aug. 6. The 2020 ballot measure was a filed by Make It Legal Florida, a political committee registered at the beginning of this month. The chair of this committee is the government affairs director of MedMen, a medical marijuana dispensary with operations in Florida and several other states. Under this proposal, it would be legal to possess, use and transport up to a maximum of 2.5 ounces of recreational marijuana as long as one…

MondayAug 26, 2019 2:02 pm

CannaPharmaRx Inc. (CPMD) Developing Cultivation Facilities Across Canada, Aiming to Build Profile in Burgeoning Industry

CannaPharmaRx is in the process of acquiring, funding and developing three significant cannabis cultivation sites in Ontario and British Columbia The company’s agreements with the facilities’ owners grant it access to cultivation sites that could return close to 300,000 pounds of product per year The global cannabis cultivation industry is expected to become a nearly $155 billion market by 2026 Real estate investment and early-stage pharmaceutical company CannaPharmaRx Inc. (OTC: CPMD) is advancing its plans to become a cannabis cultivator using proprietary formulation and drug delivery technology currently in development to expand in an industry that is evolving at an…

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