NewsRoom Articles - Page 424 of 600

WednesdayJun 19, 2019 9:00 am

Solid Profits Show Strength of Growing Cannabis Space

CannabisNewsWire Editorial Coverage: The cannabis markets have already produced some amazing financial results, but all indications are the industry is only at the beginning of an impressive ascent. Quarter-over-quarter sales growth is one of the indicators used to indicate upside potential. With that in mind, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) revenues have increased 11 consecutive quarters, quarter on quarter, ever since the company started selling its hemp-based CBD products. Similar quarterly sales spikes and strategic acquisitions foreshadowed dramatic price increases in some of the largest names in the cannabis universe. Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF)…

WednesdayJun 19, 2019 4:20 am

420 with CNW – Poll Shows Americans want CBD as an OTC Drug

A survey conducted by Gallup has found that the majority of Americans who are familiar with CBD (cannabidiol) want it available as an over-the-counter drug. The results of the survey were released on Friday last week (June 14). The CBD craze traces its roots to the cannabis reform movement, and it gained momentum when the Farm Bill 2018 became law last year. This bill legalized industrial hemp and all its derivatives, including CBD. The survey involving 1,017 participants was conducted over the phone in a bid to get insights into the widespread appeal of CBD. The interviews were conducted from…

TuesdayJun 18, 2019 4:20 pm

420 with CNW – Congress to Consider Several Cannabis Amendments this Week

The House Rules Committee of Congress is set to hear almost a dozen amendments related to marijuana this week. This crucial committee will decide which of those amendments are cleared for a vote by the whole House. The amendments are being considered this week because those that pass will form part of the appropriations bill for funding sections of the federal government in the next fiscal year. Rep. Tom McClintock (R-CA) and Earl Blumenauer (D-OR) have reintroduced an amendment intended to prevent the Department of Justice from using its budget to get in the way of states which have enacted…

TuesdayJun 18, 2019 12:24 pm

MustGrow Biologics Corp. Building Suite of Natural Biologic Agriculture Products to Protect Global Cannabis, Fruit & Vegetable Crops

MustGrow’s patented technology derived from mustard seed utilizes the plant’s natural defense mechanisms The company’s first-generation granular technology may be fast-tracked for use in cannabis cultivation Its second-generation liquid formulation may be fast-tracked for use in cannabis and fruit & vegetable cultivation The economic impact of global crop losses due to parasitic nematodes is estimated at $100 billion per year MustGrow Biologics Corp. is a private agricultural biotech company developing and commercializing specialized technology in the form of a natural biopesticide and bio-fertilizer that offers a much more palatable option for cannabis and fruit and vegetable growers that are unable…

TuesdayJun 18, 2019 11:05 am

Sugarmade Inc. (SGMD) Entering Hemp CBD Extraction Equipment Market with Chinese Technological Backup

The rising global popularity of cannabidiol as a wellness product is leading market forecasts of revenues up to $22 billion by 2022 and $50 billion or more by the end of the next decade The market optimism is fueling hopes for ancillary market players as well, such as hydroponics equipment supplier Sugarmade Inc. Sugarmade announced this month that it will enter the hemp CBD extraction equipment market, drawing on access to advanced Chinese extraction technologies The health and wellness market sector for cannabidiol (CBD) products continues to grow at such a pace that analysts at the Brightfield Group predict that…

TuesdayJun 18, 2019 10:59 am

Your Quick Guide to Popular Cannabis Terpenes

There’s a reason you may find yourself sticking your nose into a container of recently purchased cannabis and breathing deep. Those tasty aromas wafting off a freshly cured cannabis flower may smell like sweet blueberries, fresh pine trees, funky cheese, or many other delightful combinations. The experience is second only to smoking or vaping it. The distinct smell of each strain is caused by a combination of the cannabis flower’s terpenes, which also have a direct effect on the mental and physical experience you’ll have after consuming the plant. Given how different each strain can be, it’s beneficial for every…

TuesdayJun 18, 2019 10:53 am

Time to Unlock New Opportunities in the Cannabis Drinks Market

The first-ever Cannabis Drinks Expo will showcase unique national and international distribution opportunities for innovative cannabis drinks products On July 25, San Francisco will host the first-ever Cannabis Drinks Expo, an event created in response to the tremendous buzz and excitement surrounding the legalization of recreational marijuana in North America. From California to Canada, both established beverage companies and innovative startups are looking for the first generation of successful cannabis drinks products. To make that possible, the Cannabis Drinks Expo will bring together professionals involved in the development, production, distribution and retailing of cannabis-related drinks in one central location. If…

TuesdayJun 18, 2019 10:37 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Cannabis Supply Agreement

The Green Organic Dutchman is a premium, international organic cannabis company TGOD recently secured a cannabis supply agreement with Alberta Gaming, Liquor and Cannabis The company has a partnership with the world’s second-largest power-management company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) grows high-quality, organic cannabis with sustainable, all-natural principles. A premium global organic cannabis company headquartered in Mississauga, Ontario, TGOD focuses on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD’s products are laboratory tested to ensure that patients have access to a standardized, safe, consistent…

TuesdayJun 18, 2019 9:00 am

Acquisitions Reveal the Steadily Changing Shape of the Cannabis Sector

CannabisNewsWire Editorial Coverage: The cannabis sector continues its steady shift toward big business, big money and a focus on the value add of immaterial assets. TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) (TCAN Profile) has made several key acquisitions, creating a large operation with various licenses and recognized brands. HEXO Corp. (TSX: HEXO) (NYSE American: HEXO) has taken a similar path with the acquisition of Newstrike. Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is building a positive public profile through releasing educational tools. Aphria Inc. (TSX: APHA) (NYSE: APHA) has expanded the hunt for cultivation licenses to Germany. Meanwhile, companies…

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…