NewsRoom Articles - Page 431 of 596

WednesdayMay 22, 2019 4:20 am

420 with CNW – New York Legislators Introduce New Marijuana Legalization Bill

The sponsors of the first recreational cannabis bill in New York have now introduced a new bill which will replace the one that wasn’t included in the budget framework read early this year. The sponsors of this new bill are convinced that this version stands a higher chance of success because it incorporates the ideas suggested during negotiations prior to reading the budget. Sen. Liz Krueger (D-Manhattan) says that the new bill creates a single government entity which will be responsible for regulating all the cannabis and cannabis-related products, such as hemp and CBD products. Hemp and CBD products are…

TuesdayMay 21, 2019 4:20 pm

420 with CNW – Poll Shows 60 Percent of Illinoisans Want Recreational Cannabis Treated Like Alcohol

As the legislative session draws to an end in Illinois, an opinion poll conducted shows that the majority of Illinoisans (60 percent) want recreational marijuana to be treated just like alcohol. This poll comes barely two weeks after another poll, sponsored by those opposed to cannabis legalization, showed that support for recreational marijuana legalization was waning. This latest poll was sponsored by Gov. J. B. Pritzker and it was conducted by the Global Strategy Group. The pollsters asked 802 registered voters in the state whether they were in support of, or opposed to legalizing, regulating and taxing recreational marijuana in…

TuesdayMay 21, 2019 12:14 pm

Hemptown USA Sets Sights on Novel Cannabinoid CBG as Legalized Hemp Farming Revs Up

The U.S. hemp-derived cannabinoid industry is projected to hit $22 billion by 2022 The company recently announced a $17.2 million capital raise to fund its expansion plans across the country from its Oregon base Hemptown has acquired and is in the process of planting one million cannabigerol (CBG) seeds, which will represent a significant portion of the total U.S. CBG crop for 2019 On May 14, Hemptown USA announced that it had raised $17.2 million (C$23.3 million) to fund its expansion plans (http://cnw.fm/LQ4y1). A privately held company headquartered in Southern Oregon’s Emerald Triangle, the company is leveraging its experience as a…

TuesdayMay 21, 2019 9:00 am

Celebrity Attention Fuels Rising Press Profile of CBD

CannabisNewsWire Editorial Coverage: Companies with a presence in the CBD market are seeing their profiles rise, thanks to growing media and celebrity attention. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) is one of the companies benefiting most from this attention, with its products featured in Kim Kardashian’s baby shower and the new Saks CBD store. Tilray Inc. (NASDAQ: TLRY) has seen strong market coverage as its shares rose following action to tackle product shortages in Canada. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has fostered its public profile through efforts by the company’s media-savvy co-CEO. Cronos Group Inc.…

TuesdayMay 21, 2019 4:20 am

420 with CNW – Should California Reverse its Promise to Give Local Authorities Control Over Marijuana Businesses?

When Proposition 64 was passed, one of its “key” promises was that local authorities would have the right to decide whether to license recreational cannabis businesses within their jurisdictions or not. About 70 percent of all cities and counties have opted to ban recreational cannabis sales within their jurisdictions, and this has hampered the growth of the cannabis industry. Now some lawmakers are proposing that this tenet of Prop 64 be changed to rein in the power of local authorities on the matter. Several arguments have been presented in favor of and against this suggestion. First, those in favor of…

MondayMay 20, 2019 4:20 pm

420 with CNW – University of Washington to Study Effects of Cannabis Use During Pregnancy

There’s minimal scientific information about the potential effects of the different drugs which pregnant mothers are discouraged from taking, but cannabis is singled out and given a very negative connotation even if there’s no proof to show whether it is as dangerous, or more dangerous, than pharmaceutical drugs. To set the record straight, researchers from the University of Washington are now recruiting study subjects to research how cannabis use during pregnancy affects babies after they are born. The “Moms + Marijuana” study will document pregnant mothers’ use of marijuana from the first trimester of pregnancy until birth. The babies born…

MondayMay 20, 2019 12:17 pm

10 Surprising Facts About Cannabis and Pregnancy

The topic of cannabis and pregnancy is perhaps one of the most controversial topics about the plant. After all, many still believe that consuming a “mind-altering” substance makes you a terrible parent. But, how bad is it to consume cannabis while pregnant? Why are so many women picking up the cannabis habit? As it turns out, women and cannabis are entangled in a long, complicated, and largely forgotten history. Curious? Here are 10 surprising facts about cannabis and pregnancy that you might not know: 1. Cannabis has been used as a women’s aid for millennia From easing pain on wedding…

MondayMay 20, 2019 4:20 am

420 with CNW – New Jersey Health Department Unveils Changes to Medical Marijuana Rules

As the deadline set by Gov. Murphy to have the bill to legalize recreational cannabis passed approaches, the Department of Health has released the proposed rule changes which will see the medical cannabis program expanded. The program was due to be expanded at the same time as the legalization of recreational weed, but that seems to be failing as lawmakers fail to convince 2-5 other senators to support full legalization. The rule changes are broadly aimed at improving access to medical marijuana. For example, there is a provision that will see the registration fee for patients and caregivers reduced to…

FridayMay 17, 2019 12:19 pm

Global Consortium Inc. (GCGX) Expands Reach, Building First-Ever Cannabis Mall

The company is constructing the first-ever cannabis mall, offering products manufactured in-house and serving outside vendors GCGX is reaching into the Lake Tahoe, California-area to provide products to more than 30 million who have limited or no access to recreational dispensaries The company is adding a medical grade nutraceutical division GCGX aims to commence the registration process for listing on the Nasdaq, with a target date of mid- to late-June Headquartered in Florida, Global Consortium Inc. (OTC: GCGX) is a diversified, cannabis-holding company expanding its reach nationwide. The company’s portfolio includes several subsidiaries, partnerships and licensing agreements. Focused on sustainable…

FridayMay 17, 2019 12:07 pm

Market Leader VPR Brands, LP (VPRB) Reports Increased Revenue, Reverses Operating Loss

Figures from VPR Brands’ 2018 report point to strong financial performance VPR Brands’ growth strategy focuses on high-performance, high-quality products that build expanded brand quality, awareness and loyalty The company’s plethora of brands target multiple corners of the lucrative cannabis industry VPR Brands, LP (OTC: VPRB), an innovative technology holding company whose assets include patented atomization-related products and technology, recently announced its 2018 financial results, boasting increased revenues and a net operating gain. The company has grown its revenues to almost $4.6 million (http://cnw.fm/Mlf05) while “reversing its operating loss of over $888,000 to positive territory above $9,000.” Its full-year operating margins grew by…