NewsRoom Articles - Page 412 of 591

WednesdayJun 26, 2019 10:46 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Looking to Dominate Cannabis Edibles Market in California

Plus Products’ brands have seized five spots in a top-10 lineup of California cannabis offerings, including the leading position The company plans to expand its product line after recently completing a C$20 million capital raise Plus Products has secured an option to purchase Emerald Bay Wellness LLC, a California-based cannabis oil manufacturer What does it mean when a company has five of the top 10 edible SKUs in the largest cannabis market in the world? It could mean that, like Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), it’s on its way to market control. Plus Products, based in San Mateo,…

WednesdayJun 26, 2019 10:11 am

Willow Biosciences Inc. (CSE: WLLW) is “One to Watch”

Exclusive joint development agreement with Noramco, the world’s largest producer of chemically synthesized cannabinoids and pharmaceutical APIs, to commercialize biosynthesized CBD Willow is fully funded with $37 million and expects to have more than $15 million on the balance sheet once the biosynthesized CBD isolate is ready to sell as a product Experienced research team with historical expertise in developing a biosynthesized API derived from the opium poppy, from the bench level to commercial scale-up Established laboratories in Calgary and Vancouver, Canada, and in San Francisco, all undergoing expansion U.S. CBD market potential in excess of $66 billion by 2025…

WednesdayJun 26, 2019 9:00 am

New Technology Enters the Market as Demand Rises for Hemp Processing Power

CannabisNewsWire Editorial Coverage: Rising hemp production is putting pressure on processing. Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile), a provider of cultivation equipment, is adding processors to its catalog of products, focusing on next-generation machinery. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) will be among the companies with a rising demand for processing, as it increases both its cultivation capacity and its product lines. Demand is rising in part thanks to CBD’s public profile, with deals such as the partnership between Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) and UFC shining a spotlight on the plant and its potential. New uses…

WednesdayJun 26, 2019 4:20 am

420 with CNW – California Launches Public Campaign Against the Illicit Marijuana Market

The legal marijuana industry in California has been grappling with a number of challenges, chief of which is how to stamp out the illicit operators in the state. On Friday, the state launched a public campaign aimed at educating the public about the dangers associated with cannabis from the black market. The “Get #Weedwise” campaign is intended to encourage people to only buy marijuana from the regulated market. The campaign will also send out warnings to the illegal operators to either get licensed or close shop. In a press release, the Bureau of Cannabis Control (BCC) chief, Lori Ajax, said…

TuesdayJun 25, 2019 4:20 pm

420 with CNW – CBD Shows Promise in Study on Superbugs

As bugs get more resistant to the existing antibiotics, researchers are looking for new ways to combat infections and cannabidiol, a marijuana compound, is showing promise as a remedy for superbugs. A new study conducted by researchers in Brisbane, Australia has shown that CBD has promising antimicrobial activity against some strains of Gram-positive bacteria, such as varieties of strep and staph bacteria. In the study, a synthetic form of CBD was placed in lab dishes containing the bugs being investigated. The cannabis compound showed the same level of antimicrobial activity as two existing prescription antibiotics (daptomycin and vancomycin). The synthetic…

TuesdayJun 25, 2019 12:14 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and City Cannabis Corp. Merging Powerful Brands with Industry Expertise

Wildflower Brands has signed an agreement with City Cannabis Corp. to acquire its issued and outstanding shares City Cannabis has been called the “fastest-growing multiple location cannabis retailer” in British Columbia Acquisition of shares is anticipated by leadership at both companies Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF), a Vancouver-based company developing and designing brands focusing on plant-based health and wellness products, has signed a share agreement with City Cannabis Corp. in order to acquire all of the issued and outstanding shares of City Cannabis (http://cnw.fm/1amKO). City Cannabis is continuing to grow, expanding its reach into the Vancouver cannabis market. The…

TuesdayJun 25, 2019 11:43 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Continues to Transform Cannabis Landscape with Novel Products, Technology

A partnership with PAX will allow Organigram to manufacture and fill pods for the premium, technology-based PAX Era vaporizer The PAX partnership is expected to enable the two entities to seize new opportunities on the market and work together to develop premium products featuring disruptive, industry-leading technology that is set to redefine the experience of vaping An agreement signed with Feather Company Ltd. makes Organigram the exclusive Canadian supplier of unique and proprietary vaporizer pen technology Organigram is selling to all 10 Canadian provinces The company is on track to increase production capacity and is well positioned for Canada’s new…

TuesdayJun 25, 2019 11:10 am

ChineseInvestors.com Inc. (CIIX) Sees Huge Market Opportunity

CIIX is the first CBD company to focus on Chinese-speaking North Americans The company is targeting a huge market opportunity in China and throughout Asia CIIX sales are projected to double over the next 12 months ChineseInvestors.com Inc. (OTCQB: CIIX) provides Chinese-speaking investors in the U.S., Canada and Asia with real-time market commentary, analysis and education-related services in the Chinese language. The company has a highly diversified revenue stream and is seeing a huge market opportunity for its cannabinoid products, as well as expanding into cryptocurrency and blockchain educational services. In 2019, CIIX experienced an 81 percent revenue increase, which…

TuesdayJun 25, 2019 10:28 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Offers Secured Loan for Option to Buy Cannabis Oil Manufacturer

PLUS has the right (but no obligation) to buy Emerald Bay Wellness and Emerald Bay Extracts’ business assets Emerald Bay Extracts has been one of Plus Products’ largest suppliers for the past year If the option is exercised, PLUS will reap the benefits of vertical integration and directly interact with the cannabis plant Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), manufacturer and marketer of cannabis food products, has purchased an option to buy California-based cannabis oil manufacturer Emerald Bay Wellness LLC and the business assets of Emerald Bay Extracts. The option specifies cash and stock consideration to acquire one of…

TuesdayJun 25, 2019 4:20 am

420 with CNW – Company Invents CBD Extraction Method Aimed at Bringing Prices Down

While the popularity of cannabidiol (CBD) has been growing, the current price of high-quality CBD oil is so high that it is out of reach for many of the people who need it the most. Draconis Extraction Technology (DET) has come up with a system which will extract crude CBD on an industrial scale and lower the cost of the final product. The large-scale ethanol extraction process is patented and is set to start being used to avail winterized, full-spectrum de-waxed CBD oil. Paul Baskis, the person who invented the extraction system says he was driven by a desire to…