NewsRoom Articles - Page 419 of 591

MondayJun 10, 2019 4:20 pm

420 with CNW – First Cannabis Charity Launches in Canada

Hope for Health, a Toronto-based charity, has been launched as the first cannabis charity registered by the Canadian government. The charity is registered in the category of organizations whose intention is the “advancement of education.” Hope for Health says it aims to enable patients to manage their health effectively while also giving them the autonomy to choose which cannabis products and cannabis producers to deal with. The charity kick-started its operations amidst fears that medical marijuana patients are getting reduced attention as more attention is directed towards the recreational market. This is seen in the rising medical marijuana product prices.…

MondayJun 10, 2019 12:09 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Q1 Results, Begins Trading on OTCQX Best Market

The company maintains the top two best-selling edible cannabis products in California Plus is working to make cannabis safe and approachable for all The company recently reported a 4.9 percent increase in sales over Q4 2018, bringing Q1 2019 retail sales to $10.84 million Plus recently commenced trading on the OTCQX Best Market Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) recently released its unaudited first quarter 2019 results (http://cnw.fm/CxBl2). As the edibles’ share of the cannabis market continues to grow, PLUS is well positioned to lead the way in the branded products space. The company is one of the fastest-growing brands…

MondayJun 10, 2019 11:47 am

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Purchases Key Assets, Continues Aggressive Expansion

Innovative Properties officially changed its name to Nabis Holdings Inc. Nabis Holdings continues to pursue investment in high-performing operators in the cannabis industry The company purchased assets from PDT Technologies to expand its production and licensing capabilities Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a Canadian investment company pursuing interests in high-quality cash-flow assets in real estate, securities, cryptocurrency and all branches of the cannabis sector, has undergone a name change. Nabis Holdings will continue its focus on strategic revenue generation by investing in successful vertically integrated operators. Effective May 6, 2019, the company formerly known as Innovative Properties…

MondayJun 10, 2019 11:22 am

Hemptown USA Leveraging Leading Genetics to Increase Yields and Expand into Novel Cannabinoids

Hemp seed genetics are critical to hemp farming success Cannabigerol (CBG) is emerging as a valuable cannabinoid with multiple potential health benefits Hemptown USA is growing one million rare cannabigerol-dominant plants designed to yield up to one million pounds of CBG biomass High quality seeds are a key prerequisite for growing healthy, strong cannabis plants. The right seeds can deliver the right cannabinoid profile, increase resilience and help for achieving sufficiently sustainable yields. Companies like Hemptown USA are pioneers in the farming of novel cannabinoid strains in addition to cannabidiol (CBD). In 2019, the company acquired $5.5 million worth of…

MondayJun 10, 2019 10:57 am

ChineseInvestors.com Inc. (CIIX) Projects Continued Revenue Growth for FY2020

CIIX CEO Warren Wang’s FY2020 projections are driven by forecasts of increased sales of CBD and planned merger/acquisition activities in Asian markets CIIX is also exploring retail space and expanding targeted advertising CIIX’s core revenue source is educational services for the Chinese-speaking investment community, including websites, radio and TV ChineseInvestors.com Inc. (OTCQB: CIIX) CEO Warren Wang projects that the company’s sales will reach $11-12 million in FY2020, the 12 months ending in May 2020. Wang made the projection in a wide-ranging interview on the Redchip Money Report with host Dave Gentry, broadcast on YouTube (http://cnw.fm/fM0Gk). While CBD plays an important role…

MondayJun 10, 2019 10:22 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Designs Premium Recreational Cannabis Brand ‘Caliber’

A high-quality manufacturing process, award-winning genetics and distinct premium packaging combine for a superior cannabis experience with the Caliber brand Sproutly’s wholly owned subsidiary, Toronto Herbal Remedies Inc., holds Access to Cannabis for Medical Purposes Regulations licenses to cultivate and process cannabis Sproutly’s innovations in cannabis include groundbreaking water-soluble cannabis solutions and bio-natural oils for use in the beverage and consumables market Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) holds several aces in hand when it comes to the competitive Canadian cannabis marketplace. Sproutly recently provided an update on the company’s premium cannabis brand for the recreational market…

MondayJun 10, 2019 10:17 am

8 Inspiring Benefits of Hemp Legalization

Hemp has been prohibited in the United States for many decades with very limited exceptions. This, despite the numerous benefits of allowing hemp cultivation. That all changed this week when the most recent version of the federal Farm Bill was signed by President Trump. The legalization of hemp has been a long road, with countless activists and advocates working to make it happen. There's still a lot of work to do, especially in states that do not currently have hemp programs. However, the benefits of hemp legalization are on the way. Below is a handful of them. #1) United States…

MondayJun 10, 2019 4:20 am

420 with CNW – NBA Commissioner Says the League’s Cannabis Rules Could Be Updated

After the NFL announced that it was studying the possibility of using marijuana as a pain treatment for players, the NBA Commissioner Adam Silver has revealed that they too are considering the matter. While the Commissioner was non-committal about when the rule changes would be made, he did admit that the matter was up for discussion with NBAPA (NBA Players Association). Any changes to the marijuana rules of the NBA can only come as an inclusion in the collective bargaining agreement signed with the players association. However, the commissioner says that the players haven’t reached a consensus on the matter,…

FridayJun 07, 2019 4:20 pm

420 with CNW – Cancer Patient Launches Legal Challenge to Michigan Cannabis Testing Rules

Sherry Hoover, a retired nurse suffering from stage 4 cancer, has taken Michigan to court to challenge its newly imposed medical marijuana testing rules. The lawsuit filed in a federal court seeks to obtain a temporary restraining order so that the plaintiff can continue accessing her marijuana-derived medicine which has since become hard to obtain due to the new testing rules imposed by the state regulator. The 57-year old plaintiff was diagnosed with mastocytosis leukemia in 2011. She used several prescription drugs, such as fentanyl patches and Norco, with limited effect until she discovered that medical marijuana could improve her…

FridayJun 07, 2019 11:25 am

IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Growing into Multi-Product, Multi-State Cannabis Powerhouse

The core IONIC product line is building on the growing social appeal of cannabis, with plans to add infused beverages, edibles and low-dose entries to vaping standards IONIC’s strategic acquisitions promote an organic growth platform that is expected to expand from the West Coast across the United States this year The launch of its Lucid Green technology exhibits IONIC’s commitment to product quality and industry transparency through a QR code rewards program The recent growth of the cannabis industry as a global, socially appealing phenomenon has given rise to an inspiring mood-focused mission for holding company IONIC Brands Corp. (CSE:…