NewsRoom Articles - Page 429 of 591

FridayMay 10, 2019 4:20 pm

420 with CNW – Ontario Cracks the Whip on Retailers Who Failed to Open on Time

The government in Ontario has enforced the penalties which were written into the conditions for the businesses that were selected to open the first offline cannabis retail stores. The businesses were mandated to open for business by April 1 this year. Hundreds of companies applied for brick-and-mortar recreational cannabis retail store licenses. However, the province decided to use a lottery to select just 25 businesses because of the persistent supply shortages in the country. The regulators felt that it would be pointless to license many businesses yet those businesses could not be certain that they would have access to inventory…

FridayMay 10, 2019 12:10 pm

Cannabis Strategic Ventures Inc. (NUGS) Praises Momentum, Expansion of Portfolio Company Asher House Wellness

Asher House co-founders recently appeared on The Ellen Show to highlight the company’s mission of moving dogs from shelters to homes Sales of hemp-based Asher House Thrive Oil fund dog-adoption efforts Through its controlling interest in Asher House Wellness, NUGS has enabled the adoption of more than 200 dogs in North America Cannabis Strategic Ventures Inc. (OTC: NUGS) portfolio company Asher House Wellness’ co-founders, Lee Asher and Luke Barton, recently appeared on The Ellen Show to discuss their cross-country journey to rescue sheltered animals and move them into loving homes (http://cnw.fm/E6uxT). The two men represented the Asher House team on the…

FridayMay 10, 2019 11:37 am

Hemptown USA Producing Premier Broad-Spectrum CBD, CBG Oils and Pure Isolates

Hemptown USA grows broad-spectrum hemp biomass using premium seed genetics The company aims to grow one million CBG seeds and two million CBD seeds in 2019 It expects to expand distribution and growing operations globally Hemptown USA is a proven grower of broad-spectrum hemp biomass. The company works meticulously with processors to produce the finest broad-spectrum CBD (cannabidiol) and CBG (cannabigerol) oils and pure isolates. Considered a novel cannabinoid, CBG is non-intoxicating and present in low levels in most cannabis strains. In fact, it is the chemical parent of both THC (tetrahydrocannabinol) and CBD, meaning that both compounds begin as…

FridayMay 10, 2019 10:36 am

This Week in Cannabis: Legalization Battle Lines Drawn in Illinois

Legalization is on the move in Illinois and New Zealand, where details for reform measures have been released. This last week also saw other developments surface in the cannabis world. Below is a recap. Legalization is unveiled in Illinois with opposition mounting What happened: Governor J. B. Pritzker announced a proposal to legalize cannabis for adult use in Illinois. The plan would allow people 21 years old or older to possess up to 30 grams of cannabis flower. Cannabis opponents such as law enforcement representatives have come out against the measure. Why it matters: Illinois is one of many states that…

FridayMay 10, 2019 4:20 am

420 with CNW – Data Confirms that Cannabis Sales Were Boosted on 420

Data collected shows that cannabis sales were higher on 4/20 in line with the predictions that had been made regarding the effect of the marijuana “holiday” on sales. Headset, a cannabis industry analysis company, had initially predicted a 100 percent increase in sales on that day. The data that they collected shows that marijuana sales on 4/20 actually exceeded what had been predicted since sales increased 128 percent when compared to the volume of sales registered on the previous four Saturdays. The report released by Headset also shows that the “eve” of 4/20 was also good for cannabis retailers since…

ThursdayMay 09, 2019 4:20 pm

420 with CNW – Georgia Governor Signs Cannabis Oil Bill

Gov. Brian Kemp has signed a bill that will make it possible for licensed entities to produce and distribute oils and other products which have limited amounts of plant-derived THC. House Bill 324 also lays the ground for the establishment of a commission to regulate and oversee the production, manufacture and dispensing of products having the specified amounts of THC to patients who have been registered to receive those products. Under the bill which has now been signed into law, the state will cooperate with Georgia University to manufacture THC-infused extracts and oils. A maximum of six cultivators will be…

ThursdayMay 09, 2019 11:59 am

Marijuana Company of America Inc. (MCOA) Announces Appointment of Independent Director

Edward Manolos brings significant industry experience to the company Manolos opened the first medical marijuana dispensary in Los Angeles County in 2004 Industry revenue is expected to reach $24.5 billion by 2021 Marijuana Company of America Inc. (OTCQB: MCOA), an industrial hemp company involved in the cultivation and distribution of hemp-derived products, recently announced the appointment of Edward Manolos as an independent director. Joining the MCOA team of seasoned industry leaders, Manolos brings a wealth of knowledge and experience. In 2004, he opened the first-ever medical marijuana dispensary in Los Angeles County, and he is viewed (http://cnw.fm/XnPm9) as one of the “most…

ThursdayMay 09, 2019 11:57 am

Should You Invest in Cannabis?

According to Viridian Capital Advisors, cannabis companies raised nearly 14 billion dollars in 2018, which is significantly up from the 3.5 billion that companies raised in 2017. With cannabis reform spreading like wildfire all across the globe, the opportunity for the cannabis industry to expand is absolutely enormous. Chances are, you are likely considering investing in the cannabis industry. But what is the best way to do it without your hard-earned dollars disappearing into thin air? Beware of misconceptions and misleading information If something seems too good to be true, chances are there's a reason for that. Just because the cannabis industry has…

ThursdayMay 09, 2019 11:35 am

Earth Science Tech Inc. (ETST) Provides High-Quality, Affordable CBD Products Worldwide

ETST is dedicated to meeting the need for high-quality products and devices at affordable prices The company offers high-purity, top-quality full-spectrum CBD by utilizing seven cannabinoids that work together synergistically ETST is empowering women with discreet STI testing through its new, low-cost Hygee medical device kit Florida-based biotech company Earth Science Tech Inc. (OTCQB: ETST) operates in the fields of hemp cannabinoids, nutraceuticals, pharmaceuticals, medical devices, and research and development. The company is passionate about the products that it offers and is dedicated to providing the highest-quality products and devices at affordable prices to meet a burgeoning global need. Not…

ThursdayMay 09, 2019 10:50 am

SinglePoint Inc. (SING) Increases Scope of Hemp and CBD Products as Part of New Sales and Marketing Strategy

SinglePoint, a technology and investment company with an extensive portfolio, has announced that it will enable the distribution of raw materials like full spectrum oils and hemp byproducts The expansion of the company’s hemp and CBD product line is a result of legislative changes in the U.S., especially the passing of the federal Farm Bill The company also announced that it will be working toward strategic partnerships and alliances that will facilitate and secure the distribution of its extended line of products Private label products and custom offerings formulated for the needs of clients both belong to the SinglePoint Inc.…