NewsRoom Articles - Page 434 of 591

TuesdayApr 30, 2019 12:34 pm

Cannabis Topicals: Uses, Benefits, and Surprising Facts

Did you know that you can put cannabis products directly on the skin? Believe it or not, cannabis-infused creams and balms make for potent first-aid treatments and can even be used in cosmetics. Why does this matter? Here’s what you need to know about cannabis topicals and how to use them: What are cannabis topicals? Cannabis topicals are balms, creams, lotions, salves, oils, and sprays. These products can be used for a variety of purposes, including first aid, skincare, and cosmetics. While many people are familiar with the concept of medical cannabis, fewer realize the vast potential of topical applications.…

TuesdayApr 30, 2019 12:18 pm

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) is “One to Watch”

Recent passage of U.S. farm bill presents extraordinary opportunity to capitalize on an estimated US$22 billion CBD wellness market Consumer sentiment is changing with 92% of U.S. states legalizing some form of cannabis Positive regulatory momentum in the U.S. is spreading with legalization and acceptance of cannabis spreading internationally Global legal marijuana market expected to reach US$146.4 billion by end of 2025 Significant near-term portfolio target opportunities under evaluation in several U.S. states, Israel and the European Union Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow…

TuesdayApr 30, 2019 10:48 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Sales License, Offers Access to Organic Cannabis Oils

TGOD recently received an oil sales license from Health Canada for its Ancaster, Ontario, facility The company’s state-of-the-art supercritical CO2 extraction system is capable of processing ultra-pure, certified-organic cannabis oils TGOD’s Unite Organic Cannabis Oil, derived from a high potency, THC-dominant strain, is expected to be ready to ship in late April 2019 The company is targeting a potential market in Ontario and Quebec with 21.5 million residents and an estimated value of more than $2.6 billion Cannabis company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has reached another milestone that supports the company’s ambition of becoming the…

TuesdayApr 30, 2019 4:20 am

420 with CNW – Canada Preparing to Approve Second Cannabis Roadside Test Kit

The Canadian government is close to approving a second cannabis test set for use by law enforcement officers who suspect that a driver may be impaired by marijuana. The kit uses a sample of saliva to test for the presence of THC in the body of an individual flagged down for possible marijuana impairment. The Department of Justice had earlier issued an order on April 20 to add the three pieces of equipment made by Abbot to the equipment that the police can use to get preliminary results when they suspect that someone is driving while impaired after consuming marijuana.…

MondayApr 29, 2019 4:20 pm

420 with CNW – Mexico Set to Legalize Recreational Marijuana by October

When Mexico legalized medical marijuana in June 2017, few ever imagined that the country would legalize marijuana for adult-use a couple of years later. Drug cartels have so much influence in the country that one would be led to believe that those cartels would never allow any policy that threatens their illicit business to be passed. However, the tide has turned and according to reports coming from across the border, a legal framework for the legalization of recreational cannabis will be in place by October this year. If that plan comes to pass, Mexico will be the third country in…

MondayApr 29, 2019 2:04 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moves to Expand Cannabis Retail Presence with Vancouver’s City Cannabis Corp.

Wildflower Brands’ announcement of plans to acquire City Cannabis Corp. represents the latest step in Wildflower’s international expansion City Cannabis is only the company with multiple licenses in British Columbia, and the only BC-based retailer to go public The proposed acquisition represents a major opportunity to gain exposure to the Canadian consumer market, as City Cannabis anticipates operating stores across Canada The recently announced LOI (http://cnw.fm/2Cjz8) for the acquisition of Vancouver-based licensed cannabis retailer City Cannabis Corp. by wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a major step for Wildflower. The move points to the potential of a…

MondayApr 29, 2019 1:09 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Funding Alliance Boosts Global Hemp/CBD Auction Platform

Redfund Capital is focusing the power of its equity financing and debt financing business incubation model toward flourishing cannabis industry startups The company is labeling its recent investment in the international Cannabis Mercantile Exchange (“Cannamerx”) auction platform as “one of our most strategic growth alliances” Cannamerx is gaining a growing clientele in the hemp and CBD industries, noting recently that it had clients listing 1.5 metric tons of hemp biomass for auction The global hemp market is forecast to reach $5.7 billion in revenues by 2020 Enterprising Canadian finance firm Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is…

MondayApr 29, 2019 12:52 pm

Cannabis Tolerance: What You Need to Know

Cannabis tolerance is an ongoing factor for patients and consumers. The development of cannabis tolerance is a well-documented phenomenon. Simply stated, tolerance refers to the body’s ability to grow accustomed to the chemical effects of cannabis consumption. If you continue to consume cannabis over time the body becomes used to the constant input and adjusts itself accordingly. When you first begin to consume cannabis, you may find that the effects of the herb are quite strong. With regular consumption, however, these strong effects mellow out and some of the negative side effects of the herb dissipate. This is very similar…

MondayApr 29, 2019 10:52 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Set to Capitalize in Cannabis Sector with Proprietary Water-Soluble CBD Formula

The cannabis beverage market is estimated to exceed $4 billion by 2022 Sproutly is focused on becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils to the emerging beverage and consumables market Company has exclusive rights to Infusion Biosciences’ APP technology in Canada, Australia, Israel, Jamaica and the European Union Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) foresees a lucrative vertical emerging in the cannabis sector as the cannabinoid-infused beverages and edibles space continues to grow in popularity with consumers. A report from cannabis market research firm ArcView Research and BDS Analytics projects rapid growth in…

MondayApr 29, 2019 4:20 am

420 with CNW – SOL Global Expands into Michigan Cannabis Industry with $150M Acquisition

On April 23, 2019, SOL Global, one of the leading medical cannabis companies in Florida, signed a binding letter of intent with Merida Capital Partners to acquire MCP Wellness, Inc., a subsidiary of Merida Capital. The acquisition is worth $150 million, and it will see SOL Global take over the Michigan firm which is just about to acquire two licenses to cultivate cannabis as well as a license to process the cannabis and three more to dispense medical cannabis. Additionally, MCP Wellness, Inc. has plans to establish nine provisioning (dispensing) centers by August this year if the municipalities approve their…