NewsRoom Articles - Page 418 of 612

TuesdayJul 30, 2019 4:20 pm

420 with CNW – Cuomo Signs Marijuana Expungement and Decriminalization Bill

On Monday, New York Gov. Andrew Cuomo (D) signed into law a bill that expanded marijuana decriminalization and also paved the way for people with certain marijuana convictions to have their criminal records wiped clean. The new law, which will take effect 30 days from the date of signing, will make the possession of less than two ounces of cannabis a non-criminal offense punishable by a fine that varies between $50 and $200 depending on how much marijuana one is convicted for possessing. In a press release, Cuomo stated that the signing of this law is a critical step towards…

TuesdayJul 30, 2019 10:46 am

City View Green Holdings Inc. (CSE: CVGR) Strengthening Finance Strategy, Constructing Cannabis Production Facility Near Toronto

City View Green Holdings is completing the construction of a 40,000-square-foot cannabis cultivation facility in the Toronto-area following an all-clear notice from Health Canada under its new licensing regulations City View began trading on the Canadian Stock Exchange in March and has recently cleared more than half a million dollars in debt as part of efforts to strengthen its financial profile The company expects its 19.9 percent stake in Canadian retailer Budd Hutt to provide it with an avenue for gaining shelf space in Alberta and for other retail opportunities across the country CVGR’s fledgling operation has the benefit of…

TuesdayJul 30, 2019 9:00 am

Political Backing, Investor Interest Fuel Kentucky Hemp Boom

CannabisNewsWire Editorial Coverage: The surging hemp industry means exciting benefits for Kentucky. Hemp is big business in Kentucky. Among the companies working in the state is Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile), a supplier of hydroponic equipment that is now moving into hemp through an investment in Hempistry. In New York, a leading politician has been in contact with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) to ensure the survival of a hemp project threatened by executive upheaval. Tilray Inc. (NASDAQ: TLRY) is looking even further than North America for growth. Cronos Group Inc. (TSX: CRON) (NASDAQ: CRON) is focusing…

TuesdayJul 30, 2019 4:20 am

420 with CNW – Congressional Bill Seeks to Protect Some Students from Losing Financial Aid Due to Marijuana Convictions

On Friday, a group of Democratic lawmakers introduced a bill in Congress that would protect some college students from losing their federal financial aid if they are convicted for possessing marijuana. The bill also states that to benefit from this protection, those affected students must complete a rehabilitation program in order to remain eligible for financial aid. The existing law allows the government to strip students of their federal financial aid for a period that can range from a year to indefinitely based on their prior drugs convictions and the gravity of the drugs offense they have been convicted for.…

MondayJul 29, 2019 4:20 pm

420 with CNW – Cannabis Flavonoids Could Trigger Another Medical Marijuana Revolution

Just as skeptics were beginning to grudgingly acknowledge that marijuana’s cannabinoids do have medical benefits, a new wave or revolution is about to start if new research into the painkilling effects of the flavonoids unique to cannabis is anything to go by. A team of Canadian researchers has found that two flavonoids found in cannabis could be 30 times more powerful than aspirin, without the adverse effects associated with the conventional painkiller. The work of these scientists seems poised to open another front in the medicinal potential of the cannabis plant which is enjoying growing popularity as the decades of…

MondayJul 29, 2019 12:59 pm

City View Green Holdings Inc. (CSE: CVGR) to Build Retail Footprint, Adds Depth to Green Team

City View Green Holdings and Budd Hutt recently announced an agreement to acquire eight retail cannabis store locations in Alberta The potential economic impact of legalized adult-use cannabis in all its forms, along with transportation, licensing fees and security, is estimated at more than $22 billion in Canada City View’s focus is on growing high quality flower and creating premium edible offerings, distillates and water-soluble products City View Green Holdings Inc. (CSE: CVGR), a vertically integrated cannabis company focused on seed to retail, is creating a diversified company that investors can appreciate. City View has successfully attracted top talent in…

MondayJul 29, 2019 12:27 pm

SinglePoint Inc. (SING) Sees Growth Across Multiple Revenue Streams

Direct Solar achieved more than $3 million in solar contracts in just 60 days SING has expanded into the commercial solar market, opening up additional revenue streams CEO shared news from multiple revenue streams on MoneyTV with Donald Baillargeon SinglePoint Inc. (OTCQB: SING) is a well-diversified holding company. What started as a full-service, mobile-technology provider has grown into a recognized brand with multiple revenue streams. A recent acquisition in alternative energy has exceeded the company’s expectations, and growth is abundant across all of the company’s revenue streams. Direct Solar, a subsidiary of SING, is a leading solar energy brokerage providing…

MondayJul 29, 2019 11:37 am

Should You Try CBD Sunscreen This Summer?

CBD sunscreen may have more benefits than you might realize. Cannabis and summertime go together like hot dogs and hamburgers. There’s nothing like enjoying a little cannabis during a barbecue with pals or basking in the sunshine while sipping a refreshing cannabis-infused beverage. Whether you’re lounging on the beach or just kicking it in the backyard, you may want to consider adding cannabinoids into your sun protection routine. Topical CBD products have a ton of great benefits. Cannabis-based lotions, salves, oils, and even lip balms can keep your skin healthy no matter how high the outdoor temperatures get. CBD sunscreen…

MondayJul 29, 2019 11:12 am

Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Plans to Acquire Truverra Inc.

Supreme’s Truverra acquisition is valued at approximately C$20 million Supreme Cannabis intends to repurpose Truverra’s Health Canada-licensed facility to produce cannabis extracts for use in concentrates and vaping liquids The company will gain entry into Europe through Truverra’s subsidiary The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) intends to acquire privately held, Toronto-based Truverra Inc. in a three-cornered amalgamation between Truverra, Supreme Cannabis and a wholly owned subsidiary of Supreme Cannabis. The transaction for 14.7 million common shares of Supreme Cannabis has a value of approximately C$20 million (http://cnw.fm/kZ74p). Truverra’s Health Canada-licensed facility in Toronto, Ontario, will produce…

MondayJul 29, 2019 10:59 am

Cannabis Drinks Expo Offered Participants a Comprehensive Look at the Fast-Growing Cannabis Drinks Category

On July 25, the first-ever Cannabis Drinks Expo in San Francisco kicked off to much fanfare and acclaim. For the hundreds of participants looking to make a splash in the newly legalized cannabis drinks category, the South San Francisco Conference Center offered plenty of opportunities to meet the major movers and shakers in the fast-growing space. Two separate tracks of speakers throughout the day covered nearly every possible issue for anyone thinking of creating or launching a new cannabis-related product, while an active trade show floor showcased some of the most innovative products already in the marketplace today. One key…