NewsRoom Articles - Page 426 of 600

ThursdayJun 13, 2019 4:20 pm

420 with CNW – Colorado Hits the $1 Billion Cannabis State Revenue Mark

The state of Colorado has now pocketed more than $1 billion in revenue from the legal cannabis industry. This marks yet another milestone for the state which legalized marijuana in 2014. According to marijuana sales data which has just been released by the state, cannabis sales hit the $6.5 billion mark at the end of May this year. The data also shows that the sales of recreational marijuana are continuing to rise higher as the months roll by. April and May 2019 have also been the best months so far in the entire history of the cannabis industry in Colorado…

ThursdayJun 13, 2019 11:19 am

Green Hygienics Holdings Inc. (GRYN) Pursuing Acquisition of 824-Acre California Ranch Property

Green Hygienics Holdings is in the process of completing the purchase of the Potrero Ranch property near San Diego, California The property offers ideal conditions for hemp cultivation, with the potential to harvest two crops per year at an estimated 1,200 to 1,500 pounds of hemp per acre, representing substantial new revenue opportunities The U.S. hemp-derived CBD market is now projected to triple in size, reaching $1.3 billion by 2022, while the global industrial hemp market is expected to surpass $10 billion by 2025 Green Hygienics Holdings Inc. (OTCQB: GRYN), a full-scope premium cannabis cultivation company targeting the high-end medical…

ThursdayJun 13, 2019 10:30 am

Sproutly Canada Inc.’s (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Proprietary Water-Soluble CBD Formula to be Delivered in Consumable Brands

Sproutly’s groundbreaking discovery of naturally water-soluble cannabinoids is projected to be a disruptor in the emerging cannabis beverage and edibles market Chief Science Officer Dr. Arup Sen leads the company’s research and development team, which has created 44 different formulations to date The company has entered into an exclusive joint venture with Moosehead Breweries Limited to develop and produce nonalcoholic, cannabis-infused beverages Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is advancing its core mission of becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles by meeting several key milestones. The company’s chief…

ThursdayJun 13, 2019 10:05 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Secures Financing, Receives Organic Certification for Recreational Cannabis

The company’s recreational cannabis plants and growing processes received organic certification from Pro-Cert Organic Systems Ltd. The certification is an important part of the company’s expansion strategy, as the market demand for organic cannabis products is on the upswing Organigram recently announced that it has secured a C$140 million credit facility with Bank of Montreal as the lead arranger and agent, which will largely be used to fund the company’s expansion plans and to refinance existing long-term debt The end of May 2019 marked several exciting developments for Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), a leading Canadian licensed producer…

ThursdayJun 13, 2019 4:20 am

420 with CNW – Church of England Starts Investing in Marijuana

If you were wondering how fast marijuana could become a mainstream substance, the Church of England has just provided further proof that this once heavily stigmatized plant is getting the recognition and acceptance that it deserves. The Church of England has instructed its number crunchers to start making investments in medical marijuana companies. In the past, the Church Commissioners for England (the entity which manages the $16 billion investment portfolio of the Church of England) rigidly adhered to their self-imposed policy of not holding stocks in cannabis companies. The new policy allows the Church of England to hold stocks of…

WednesdayJun 12, 2019 4:20 pm

420 with CNW – Oregon Legislature Approves Marijuana Criminal Record Expungement

The legislature in Oregon has voted to approve a law which will see the marijuana convictions of tens of thousands of Oregonians expunged so that those individuals can have a better chance at finding jobs, getting an education and having access to housing. Senate Bill 420 seeks to clear all marijuana convictions which are no longer crimes from the time marijuana was legalized in the state in 2014. This means people who were prosecuted and convicted prior to 2014 can have their slate wiped clean. This bill was initially approved by a 25-4 vote by the Senate in April. However,…

WednesdayJun 12, 2019 11:55 am

NCIA Cannabis Business Summit & Expo 2019 Expected to Attract Advocates of Secure and Fair Enforcement (SAFE) Banking Act

At this year’s Cannabis Business Summit & Expo – the sixth such event hosted by the NCIA – discussion of the Secure and Fair Enforcement (SAFE) Banking Act is likely to be on the agenda, as well as many other critical issues that are currently affecting the cannabis industry. With its return to San Jose, the location of last year’s event, the nation's most influential, award-winning cannabis conference and trade show continues to act as a catalyst for innovation in the space and pave the way for cannabis commerce. The celebratory gathering, scheduled to take place from Monday, July 22,…

WednesdayJun 12, 2019 11:36 am

Geyser Brands Inc. (TSX.V: GYSR) Plans to Utilize NanoFusion Technology in World’s First Hemp-Infused Pet Food Product

Geyser Brands announced an innovative pet care product through its recent acquisition target The burgeoning pet care market has seen prominent growth The company plans to utilize NanoFusion technology in WildTails’ product development Geyser Brands Inc. (TSX.V: GYSR), a leading consumer health care company, recently announced the world’s first hemp-infused, freeze-dried pet food through its acquisition target, Solace Management Group Inc. The company’s announcement aligns with its vision to help people and their pets worldwide with a range of discomfort and health care issues (http://cnw.fm/9AXsi), and to support innovation through R&D and product development. This latest new brand, WildTails, joins the…

WednesdayJun 12, 2019 11:04 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Canada’s Vaporizer Market through Strategic Partnership

The exclusive partnership with PAX Labs will enable Supreme Cannabis and its subsidiary, 7ACRES, to access the highly lucrative vaporizer market 7ACRES will become one of only four companies to supply cannabis oil pods for the PAX Era The partnership provides a significant strategic advantage to Supreme Cannabis due to PAX’s market penetration; currently, the company has over 1.5 million devices sold worldwide A partnership between The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and PAX Labs Inc. will enable Supreme to become the foundational brand partner and supplier for premium vaporizer the PAX Era in Canada.…

WednesdayJun 12, 2019 10:21 am

Earth Science Tech Inc. (ETST) Offers Medical, Industrial Hemp Products as Leader in the CBD Sector

Earth Science Tech is a biotechnology company offering high-grade cannabinoids ETST has diverse subsidiaries that promote the company’s role as a leader in the CBD sector Earth Science Tech has various partnerships and distribution agreements in place Earth Science Tech Inc. (OTCQB: ETST) operates in the hemp cannabinoid, nutraceutical, pharmaceutical and medical device research and development fields. A biotechnology company headquartered in Doral, Florida, ETST markets high purity and quality full-spectrum cannabinoids. The company’s wholly owned subsidiaries – including Earth Science Pharmaceutical Inc., Cannabis Therapeutics Inc. and Canna Inno Laboratories Inc. – concentrate on developing Earth Science Tech’s role as…

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