NewsRoom Articles - Page 425 of 542

ThursdayJan 17, 2019 11:28 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives $1 Million from New Partnership with Altria to Fund DehydraTECH R&D

LXRP’s subsidiary, Lexaria Nicotine LLC, enters definitive investment agreement with Altria Ventures Inc.; Altria to fund R&D, receive license rights and equity Altria will fund research on LXRP’s DehydraTECH oral nicotine products, pay sales royalties and may fund up to $12 million more through a series of private financings LXRP has not sold or optioned its own equity and still retains majority equity ownership of Lexaria Nicotine, LLC; Altria would receive minority equity interest in the subsidiary Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) wholly owned subsidiary, Lexaria Nicotine LLC, has entered a definitive investment agreement with Altria Group Inc.’s…

ThursdayJan 17, 2019 4:20 am

420 with CNW – Records Show 61 Tons of Medical Marijuana were Consumed in Arizona in 2018

State records that were published on January 14 show that Arizonans set a record in the state by consuming a total of 61 tons of different forms of medical marijuana. The report shows that Arizona medical cannabis dispensaries sold 2.5 tons of marijuana edibles last year. One interesting thing about this statistic is that in 2012, the entire state consumed that exact quantity of cannabis products. That year was the first full year since the medical marijuana was legalized. Another comparison with that first year has to do with the number of patients who acquired medical cannabis cards. In 2012,…

WednesdayJan 16, 2019 4:20 pm

420 with CNW – California Firm Plans Mega Cannabis Facility in Buffalo

Flora California Prime, a cannabis company based in San Diego, intends to build a $200 million cannabis campus in Buffalo once New York legalizes recreational cannabis. Flora California Prime is undertaking the project as a joint venture with Zephyrs Investors (a real estate development firm owned by Brad Termini). The facility would create up to 1,000 jobs during and after its construction in the vicinity of Tifft Nature Preserve in Buffalo. These people would be employed to do research work, work in the labs, be involved in manufacturing and other related activities. Brian Termini, the co-founder of Flora California Prime…

WednesdayJan 16, 2019 3:53 pm

What’s the Difference: Legal Cannabis vs Black Market Cannabis

Imagine the freedom and convenience of being able to walk into a well-lit store and purchase cannabis. For some consumers, that may seem like a distant dream, and for a growing number of consumers, it’s a wonderful reality. A growing number of states in the U.S. now allow adult-use cannabis sales. The unregulated market still exists in those states, and it is decreasing in size with every day that goes by because it’s becoming increasingly harder to compete with dispensaries. Here is why most consumers tend to prefer legal cannabis over black market mystery cannabis. Lab tested One of the biggest advantages…

WednesdayJan 16, 2019 11:16 am

Golden Developing Solutions, Inc. (DVLP) Sees Powerful Growth Potential in Company’s Expanding Selection of CBD Products, Mobile Apps

Global acceptance of cannabis and related CBD products continues to increase Worldwide legal cannabis market projected to reach $146 billion by end of 2025 Consumer demand for CBD products expected to explode with U.S. legalization of hemp New software division, Greener Grows, joins Where’s Weed and upcoming Where’s CBD As an emerging leader in ancillary software and the cannabidiol (CBD) products marketplace, Golden Developing Solutions, Inc. (OTC: DVLP) provides business services and/or products supporting the cannabis industry, including an online retail business for CBD, hemp oil and health/wellness-related products. The company recently launched its new software division, called ‘Greener Grows’,…

WednesdayJan 16, 2019 9:00 am

New Laws Set Up US Cannabis Industry for Explosive Growth

CannabisNewsWire Editorial Coverage: The 2018 U.S. Farm Bill changes the way that CBD-based products are legally classified. If the federal government permits the sale of cannabis-sourced products online, established companies in the space could reap huge rewards. The legalization of cannabis in Canada and some U.S. States has demonstrated the latent demand for cannabis-based products. CBD is used to make numerous products and its potential uses are growing. Research suggests that the market for CBD products could grow to an estimated $22 billion over the next four years. SinglePoint Inc. (OTCQB: SING) (SING Profile) is in a good position to…

WednesdayJan 16, 2019 4:20 am

420 with CNW – Missouri Plans to Host Medical Marijuana Trade Show in March

Voters in Missouri voted to legalize medical marijuana during the midterms last year and now the state is planning to have a medical marijuana business conference and expo in March this year. The trade show has been dubbed MoCannBizCon+Expo and it is slated to take place on March 11-12 in St. Louis at the Union Station. The trade show is being organized by the Medical Cannabis Trade Association. Between 1,000 and 1,500 people are expected to attend this first of a kind event in the state. The organizers plan to use this event as a platform to educate people about…

TuesdayJan 15, 2019 4:20 pm

420 with CNW – Four Issues New York Needs to Agree Upon Before Legalizing Recreational Cannabis

While Gov. Andrew Cuomo says that a law legalizing recreational marijuana is likely to be passed this year, legislators still have a lot to do before the details of what form legalization will take shape up. The following issues are some of the sticking points that are likely to generate a lot of debate as a law is finalized. What Role Will Local Governments Play? You cannot think about legalizing adult-use marijuana without considering how to factor in local governments. It isn’t yet clear whether the law that will be passed will give local authorities any power to accept or…

TuesdayJan 15, 2019 3:27 pm

10 Exciting Cannabis Developments to Watch for in 2019

2019 is poised to be the biggest year in cannabis to date. So many things are likely to occur – trying to anticipate and keep track of it all can be a daunting task. Below are some of the big things in cannabis progress you'll want to keep an eye on in 2019: #1) Movement on Federal Reform For many years cannabis opponents in Congress have prevented federal cannabis reform measures from seeing the light of day. Congressman Pete Sessions and Chuck Grassley, two of the biggest cannabis prohibition supporters of all time, used their powerful committee positions to block votes on…

TuesdayJan 15, 2019 1:43 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Creates North American Alliance to Capitalize on Liberalization Trend

Developments in North American cannabis market present opportunities Recreational cannabis now legal in 10 states, medical in 33 Alliance formed between Canadian Mary’s Wellness and U.S.-based Winterlife, both Redfund clients As Aesop’s Fables teach, “In union, there is strength.” This time-tested proverb is being put to action through the strategic alliance created between two portfolio clients of Canadian merchant bank Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4). In mid-December, Redfund clients Mary’s Wellness Ltd. and Winterlife Inc. detailed plans to join forces for a global cannabis products launch (http://cnw.fm/kK8PK). Redfund targets companies in the mid to late stages of…