NewsRoom Articles - Page 409 of 609

ThursdayAug 22, 2019 9:00 am

Hemp Industry Benefiting from U.S.-Chinese Trade War

CannabisNewsWire Editorial Coverage: While the huge increase in U.S. consumer demand from hemp extracts and hemp product is largely credited as the reason for the boom in the number of hemp acres under cultivation, there is a significant additional part of the hemp-growth story to tell. With a pending acquisition in the cultivation supply market, Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) appears to be well poised to become a strong pick-and-shovel provider to the hemp industry. Even the large cultivators and suppliers are now getting in the hemp market. One of the first companies of the larger players to make…

ThursdayAug 22, 2019 4:20 am

420 with CNW – Four Key Lessons After Four Years of Recreational Marijuana in Colorado

Last year Colorado marked four years of legal marijuana sales and the data from the state government shows a number of lessons that other states can learn from Colorado’s experience. The following are some of those key lessons. The Revenue Potential is High It wasn’t just hype when marijuana legalization advocates campaigned on the promise that legalizing marijuana would be good for the economy. Colorado’s data reveals that cannabis sales amounting to more than $6 billion were recorded between 2014 and 2018. These sales resulted in tax revenue exceeding $1 billion, and the state coffers are the better for it.…

WednesdayAug 21, 2019 4:20 pm

420 with CNW – Federal Data Reveals Underage Marijuana Use Isn’t Increasing After Legalization

While marijuana legalization opponents often claim that legalizing the drug will cause underage use of marijuana to skyrocket, the data seems to contradict this view. The latest proof that the fears of those opposed to legalization are unfounded is survey data released by the Substances Abuse and Mental Health Services Administration-SAMHSA on Tuesday. SAMHSA released the results of the 2018 National Survey on Drug Use and Health showing that the proportion of youth who have used marijuana within the last 30 days was less than the percentage of those who had used the drug according to the survey results of…

WednesdayAug 21, 2019 12:22 pm

VPR Brands LP (VPRB) Building Brand Loyalty via Product Innovation in Cannabis, Nicotine Verticals

VPR Brands focuses on high-quality cannabis and nicotine products that build brand loyalty The company boasts a portfolio of innovative brands, including its flagship HoneyStick VPR Brands recently sponsored the ‘Complete Voters' Guide to 2020 US Presidential Candidates on Cannabis Issues’ A technology holding company, VPR Brands LP (OTC: VPRB) is focused on growing its brand presence in the cannabis industry by pioneering innovative products that garner customer loyalty. The company has a vested interest in supporting the cannabis industry and recently took the initiative to sponsor a comprehensive examination of presidential candidates’ stances on cannabis policies. This study is…

WednesdayAug 21, 2019 11:53 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Applies for Nasdaq Listing, Announces Quarterly Highlights

The Green Organic Dutchman has applied for listing of its common shares on the Nasdaq The company announced quarterly and half-yearly financial and operational results for the periods ended June 30, 2019 Progress of its construction efforts at two sites was included on a list of corporate highlights The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) recently announced that it has applied for a listing of its common shares on the Nasdaq. The listing will require numerous regulatory moves on the part of the company, including registration of the common shares and a confirmation by the Nasdaq that TGOD has…

WednesdayAug 21, 2019 4:20 am

420 with CNW – Maryland Court Rules Marijuana Smell Not Enough to Warrant a Body Search

The winds of change regarding marijuana laws around the country have evoked the lyrics of Bob Dylan when he wrote “The Times They Are a-Changin’” nearly 60 years ago. In fact, a court of law in Maryland quoted those very lyrics during its landmark ruling in a marijuana case in which the police was told they didn’t have “probable cause” to search the appellant just because the officers could smell pot. This landmark ruling traces its roots to the arrest of Michael Pacheco back in 2016. The 26-year old had been found in his parked car in Montgomery County. The…

TuesdayAug 20, 2019 4:20 pm

420 with CNW – New Zealand Study Concludes Teens Are Losing Interest in Marijuana

A study whose findings were published in the New Zealand Medical Journal on Friday suggests that marijuana use among high school students is exhibiting a downward trend. This study comes to the same conclusion as another study that was conducted in the U.S. According to the New Zealand study, the proportion of high school students who admitted that they tried using marijuana dropped to 23 percent in 2012 from the 38 percent recorded in 2001. The proportion of students who admitted to using marijuana on a weekly basis also reduced from approximately 6 percent in 2001 to 3.1 percent in…

TuesdayAug 20, 2019 11:41 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Drug-Delivery Platform Could Help Smokers Stub Cigarettes

Lexaria recently announced its entry into a partnership with a tobacco giant to fund the research and development of oral nicotine delivery solutions The company received a cannabis R&D license from Health Canada LXRP also announced its receipt of four new patents and its launch of ChrgD+ Many consumers don’t realize that they don’t need to smoke to partake of nicotine. In fact, new advancements are providing an alternative to the risks associated with smoking, which were first officially revealed by a damning surgeon general report in 1963 linking smoking to lung cancer, emphysema and heart disease. Case in point,…

TuesdayAug 20, 2019 4:20 am

420 with CNW – Canadian Startup Makes Headway in Developing Marijuana Breathalyzer for US Police

Y-Combinator, a startup accelerator based in California, has picked interest in an Ontario-based startup which is developing a breathalyzer that can detect both alcohol and marijuana on the breath of drivers. Y-Combinator is known for having worked with Airbnb, Dropbox and Reddit, so the Canadian startup should be given ample attention if it has caught the eye of this startup accelerator. SannTek Labs Inc. is the company behind the breathalyzer. This company was founded by two engineering graduate students at the University of Waterloo. The duo plan to develop a testing device which is more robust, more accurate and less…

MondayAug 19, 2019 4:20 pm

420 with CNW – Marijuana Legalization Takes a Step Forward in South Dakota

South Dakota is one of the few states in the U.S. that hasn’t legalized marijuana for either recreational or medicinal use. However, this may change if the recent flurry of activity to certify legalization measures eventually bears fruit on voting day in 2020. One particular ballot measure has recently earned an official explanation written by the state’s attorney general. This measure is a rather ambitious one because it seeks to legalize medical marijuana, recreational marijuana and industrial hemp, all in one fell swoop. The recreational use of marijuana would be legalized through an amendment to the state constitution while the…

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