MondayJul 01, 2019 12:06 pm

Golden Developing Solutions Inc. (DVLP) Announces Sequential Monthly Sales Growth, Partners with DNA Brands to Enter CBD Marketplace

Golden Developing Solutions recently released its updated financial results, reporting 160 percent growth across multiple segments DNA Brands signed a preliminary agreement to enter the CBD marketplace with Golden Developing Solutions The company’s CBD Infusionz and Where’s Weed segments have been showing strong sales growth Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in both the ancillary software and cannabidiol (CBD) products marketplace, recently released updated financial data highlighting tremendous growth for the company as a result of several strategic implementations. Because of its expanded production capacity and the acquisition of Infusionz LLC, Golden Developing Solutions totaled more than…

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MondayJul 01, 2019 12:06 pm

11 Surprising Benefits of CBD Edibles

Cannabidiol (CBD) is becoming one of the most popular supplements around. CBD is a cannabinoid produced by the cannabis plant. While it does not provide a psychotropic “high” like THC, there’s no doubt that CBD can have a positive effect on general health and wellbeing. Yet, apart from puffing on a vapor pen or taking a capsule, how exactly do you consume CBD? If you’re hoping to avoid inhaling, CBD edibles are an excellent option. To give you the rundown on why these tasty treats are so great, here are 11 amazing benefits of CBD edibles: 1. CBD edibles provide long-lasting…

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MondayJul 01, 2019 11:30 am

SinglePoint Inc. (SING) Signs Contract to Supply $100 Million of Premium Hemp Flower

SinglePoint emphasizes new technologies as it specializes in acquiring small to mid-sized businesses The company just announced a major premium hemp-flower contract SinglePoint is optimistic regarding the cannabis industry, bitcoin and blockchain technologies SinglePoint Inc. (OTCQB: SING) is a technology and investment company based in Phoenix, Arizona. The company’s focus is on acquiring small to mid-sized firms that will benefit from the injection of growth capital and technology integration. SinglePoint has a varied portfolio of undervalued subsidiaries with numerous revenue streams. The company’s visionary leadership team has wide-ranging experience in technology, engineering, marketing and raising capital. SinglePoint diversifies into horizontal…

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MondayJul 01, 2019 4:20 am

420 with CNW – 5 Trends Making a Mark on the Cannabis Industry in 2019

As the first half of this year comes to an end, you may be wondering what trends have firmly established themselves as shapers of the cannabis industry. Here is an overview of some trends you may have noticed or need to watch going forward. Trend #1: Growth of Marijuana Social Consumption It was always ironical that while marijuana was legal in various jurisdictions, it remained nearly impossible to legally use pot outside one’s home. A new wave of amendments and laws is addressing this gap and we have started seeing states and cities creating regulatory mechanisms for marijuana social consumption…

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FridayJun 28, 2019 4:20 pm

420 with CNW – USDA Reveals Deadline for the Release of Hemp Regulations

A notice from the U.S. Department of Agriculture published in the Federal Register at the beginning of this week provides insights regarding the department’s plans to release rules that will govern the newly legalized hemp industry. Of particular importance is the August self-imposed deadline when the final draft rules will be released by USDA. Previously, the department had been noncommittal about when it would finalize these rules. They would simply say that the rules will come out in time for the planting season of 2020. A USDA spokesperson revealed that the August deadline reflects the best-case scenario, but the process…

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FridayJun 28, 2019 11:32 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Pursuing Development of a Global Cannabis Marketplace

TransCanna recently acquired a 196,000 sq. ft cannabis-concentrated hub in Stanislaus County, California, in keeping with its expansion plans to develop a global cannabis marketplace It also received gross aggregate proceeds of more than C$10 million in private placement funding, which is being used for equipment purchase, acquisitions and other business activities The company has hired a new general manager, Alan R. Applonie, who has decades of infrastructure experience working with Amazon, Starbucks, Walmart, 7-Eleven and Kroger TransCanna is aiming to buy and develop 15 premium cannabis brands in California TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) is a Canadian…

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FridayJun 28, 2019 11:06 am

Diabetes Can Make You Go Blind. Could Cannabis Help?

Every diabetic, whether autoimmune or type 2 diabetes, can tell you that having high levels of blood sugar is dangerous. When blood sugar isn’t properly managed by the body, rogue glucose courses through the bloodstream and begins to bind to places that it really doesn’t belong. One of the primary casualties? Blood vessels in the retina, which is the part of the eye that is receptive to light and communicates visual signals to the brain. When high levels of blood glucose begin to cause damage, a condition known as diabetic retinopathy develops. Understandably, damage to this part of the eye…

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FridayJun 28, 2019 10:53 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Launches Investment Platform Focused on Cannabis Industry

Supreme Heights will focus on opportunities in the UK and European CBD health and wellness space The investment platform will benefit from Supreme Cannabis’ vast industry experience and connected leadership team Supreme Cannabis’ CEO expects the move to enhance revenue value for investors The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading Canadian cannabis producer, recently announced its launch of Supreme Heights, a new investment platform. Supreme Heights, established in London, will take advantage of opportunities within the United Kingdom and Europe’s CBD health and wellness sector. While Supreme Heights has been initiated as a separate…

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FridayJun 28, 2019 9:54 am

Grapefruit Boulevard Investments Inc. (IGNG) Completes Reverse Acquisition, Launches Sugar Stoned

Grapefruit is a premier manufacturer and distributor in California’s legal cannabis marketplace The company completed a reverse acquisition of Imaging3 Grapefruit recently launched a new product line, Sugar Stoned Grapefruit Boulevard Investments Inc. (OTCQB: IGNG) is a premier cannabis manufacturer and distributor in the California legal cannabis marketplace with its own branded product lines. It offers professional assistance to other cannabis companies in branding, compliant packaging, extraction services, edible manufacturing services and distribution logistics. The company created a fully compliant strategy to bring unlicensed brands into the legal marketplace. Grapefruit is a seed-to-sale, vertically integrated company sourcing active ingredients and…

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FridayJun 28, 2019 4:20 am

420 with CNW – 2019 Federal Data Shows More Banks are Accepting Marijuana Businesses

Newly released federal data shows that in 2019, more credit unions and banks have been taking on marijuana businesses as clients compared to previous quarters and years. The federal data shows that there were 113 credit unions and 438 banks which actively serviced cannabis businesses in the final quarter of 2018. The statistics for the first quarter of 2019 indicate that the banks increased to 493 while credit unions numbered 140. The data comes from the Financial Crimes Enforcement Network (FinCEN) of the Treasury Department. FinCEN tracks the finances of the marijuana industry in accordance with the banking guidelines issued…

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