NewsRoom Articles - Page 416 of 591

TuesdayJun 18, 2019 4:20 am

420 with CNW – Maine Relaxes Residency Requirements for Recreational Marijuana Companies

The Veterans and Legal Affairs Committee of Maine’s Assembly has voted 7-2 approving the draft rules for the legalization of recreational marijuana in the state. The approved rules relax the residency requirements included with the purpose of keeping out-of-state companies from moving in and controlling the recreational market at the expense of local companies. The committee removed language that limited out-of-state players from having majority stake in recreational marijuana companies which operate within Maine. In its place, the committee left a provision to the effect that Mainers who have resided in the state for at least four years will have…

MondayJun 17, 2019 4:20 pm

420 with CNW – New York Legislators Could Vote on Cannabis Legalization This Week

As the countdown to the end of this legislative session in New York State enters the final stages, plans to legalize recreational marijuana have been revived with the possibility of a vote on the matter this week. While momentum to get recreational weed legal appeared to fade once lawmakers in New Jersey announced that they were giving up on trying to use legislative means to end prohibition, advocates in the Empire State are brimming with optimism that lawmakers may have reached a deal and the bill will pass. Democrats in both the Assembly and Senate held conferences last week in…

MondayJun 17, 2019 11:14 am

Willow Biosciences Inc. (CSE: WLLW) Enters Agreement with Noramco Inc. for Biosynthesis Platform

Willow has entered a joint development agreement with Noramco Inc. that includes a plan to develop a yeast-based biosynthesis platform to produce low-cost CBD for the pharmaceutical, food, beverage and personal care markets The agreement has the potential to open the door to new and larger markets for CBD and related compounds Terms of the agreement call for the parties to cover their own costs, retain their own intellectual property (IP) and share equally in gross profits Willow Biosciences Inc. (CSE: WLLW) has entered a joint development agreement (“JDA”) with Noramco Inc. to develop a biosynthesis platform for the production…

MondayJun 17, 2019 10:55 am

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

Plus Products has the right – but no obligation – to buy Emerald Bay Wellness and the business assets of Emerald Bay Extracts 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…

MondayJun 17, 2019 9:00 am

Searching for the Next Super Nova

CannabisNewsWire Editorial Coverage: Skepticism has been squashed and all apprehension eliminated. There’s no longer any question about either the viability or the profitability of the newly respected cannabis sector. Huge money has already been made in the nascent industry, and the only real question left is: where’s the next super nova? Quarter-over-quarter sales growth is one of the indicators used to target explosive upside potential. Similar growth patterns were exhibited by many of the cannabis behemoths prior to parabolic price increases. In what may be an equally telling indicator, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) revenues have now…

MondayJun 17, 2019 4:20 am

420 with CNW – Mississippi Medical Cannabis Ballot Measure Close to Attaining Signature Target

Activists in Mississippi have revealed that they are about to reach the required number of voter signatures in order to see an initiative about medical marijuana included on the ballot in 2020. Once the organizers submit that list of signatures, the Secretary of State will go through it and certify that each of the signatures belongs to a valid voter in the state. The organizers have emphasized that they will not stop once they reach the minimum number of signatures required. Instead, they will keep gathering more until the submission deadline in September is reached. The extra signatures will serve…

FridayJun 14, 2019 4:20 pm

420 with CNW – Group Claims Federal Government Broke the Law in Cannabis Scheduling Evaluation

The Competitive Enterprises Institute, a libertarian think tank, has claimed in a formal filing that the federal government erred in the way it handled the scientific evaluation of cannabis’ therapeutic value, and the government must therefore take steps to fix the errors it made. Their request for correction was sent to the Department of Health and Human Services (U.S. HHS). HHS had written to the DEA in 2015 and the DEA relied on that letter from HHS in determining that marijuana be classified as a Schedule 1 drug in the U.S. According to CEI (Competitive Enterprises Institute), the letter sent…

FridayJun 14, 2019 10:57 am

15 Stunning Benefits of Hemp Protein You Probably Didn’t Know

Did you know hemp is one of nature’s best sources for a plant-based protein? Made from grinding the seeds of a hemp plant, hemp protein powder is full of essential fats and vitamins. In fact, hemp protein contains all 20 amino acids, including all 9 essential amino acids. Unlike most plant proteins, hemp is a quality source for amino acids. This is why hemp is considered to be a complete plant-based protein. Plus, hemp seeds also supply the body with fiber and minerals. Curious to learn more? Consider these 15 incredible benefits of hemp protein. #1) Boosts Immune System Consuming…

FridayJun 14, 2019 10:32 am

VPR Brands LP (VPRB) Fostering Steady Year-over-Year Growth

The company has a seasoned management team with more than 50 years of experience VPR Brands is focused on sustainable, manageable growth and continued product excellence The company is a relatively unknown, award-winning cannabis firm VPR Brands LP (OTC: VPRB) is a technology holding company located in Fort Lauderdale, Florida, specializing in vaporizers and accessories for essential oils, cannabis concentrates and extracts and electronic cigarettes. The company holds U.S. and Chinese patents for atomization-related products. VPR Brands’ broad portfolio of tested vaporizer products is driving sales and supporting strong year-over-year financial growth. The strength of the company lies in its…

FridayJun 14, 2019 10:10 am

SinglePoint Inc. (SING) Focused on Acquiring Companies that Benefit from Technology Integration, Growth Capital Injection

SinglePoint is a holding company focused on diversification into horizontal markets The company’s recent acquisition, Direct Solar, has secured $1,457,891 in solar contracts since completion of the acquisition SinglePoint signed a master distribution and co-selling agreement with a national CBD supply chain manufacturer; the company recently entered a letter of intent to acquire ProActive Nutra SinglePoint Inc. (OTCQB: SING) is a technology and investment vehicle that specializes in acquisitions of small- to mid-sized companies. The company’s emphasis is on acquiring companies that will immediately benefit from the injection of technology integration and growth capital. Headquartered in Phoenix, Arizona, SinglePoint looks…