NewsRoom Articles - Page 436 of 596

TuesdayMay 07, 2019 4:20 pm

420 with CNW – Oregon Legislators Discuss Exporting Marijuana Surplus

The production of marijuana in Oregon is so high that the Oregon Liquor Commission estimates that the available inventory can address the supply needs of the state for nearly 7 years if demand remains at the current level. This overproduction has prompted lawmakers to consider exporting the excess cannabis to other jurisdictions where recreational marijuana is legal. Senate Bill 582 is a preemptive step aimed at getting Oregon ready to move fast once the federal government relaxes its marijuana laws. Currently, marijuana is a schedule 1 controlled substance which cannot cross state lines. Cannabis law reform at the federal level…

TuesdayMay 07, 2019 1:24 pm

SinglePoint Inc. (SING) Shareholder Update Highlights Recent Successes, Predicts Bright 2019

The company’s first 10-K filing with the SEC was recently completed, reporting a 344 percent year-over-year revenue increase SING recorded a triple-digit increase in sales and a nearly 10-fold increase in profits in 2018 Increased interest in funding SING is coming from institutional investors and large family corporations Technology and investment company SinglePoint Inc. (OTCQB: SING) is at a significant reflection point in the company’s history as its portfolio investments generate increasing revenues, SinglePoint CEO Greg Lambrecht told shareholders in a sweeping review of the company’s recent successes and plans for the future (http://cnw.fm/6AohY). “Since we got our 10-K done, we…

TuesdayMay 07, 2019 12:04 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Bullish on City Cannabis Acquisition, Expansion with Third Location

Wildflower Brands’ dominance is growing with its proposed acquisition of City Cannabis Co., Vancouver’s first legal cannabis boutique A building permit has been issued for a third City Cannabis store, to be located in one of Vancouver’s busiest pedestrian and retail districts British Columbia’s legal cannabis market is projected to reach $722 million by 2024 Wildflower Brands serves cannabis consumers in the U.S. and Canada, with distribution in over 300 stores Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) continues to reach numerous significant milestones in its drive to create brands that work in synergy with the company’s slogan of ‘Plants Heal’.…

TuesdayMay 07, 2019 9:57 am

Here’s How Cannabis Helps Migraines

Anyone who has experienced a migraine knows that the condition can cause severe disruptions in daily living. An estimated 12 percent of the population struggles with migraines and thus far, the cause remains unknown. With no known cause, effective treatments can be difficult to find. Yet, there may be some hope. Interest is brewing in an ancient and often overlooked remedy: cannabis. Cannabis has been a headache treatment for centuries. Historical records dating back to the six and seventh centuries made reference to cannabis as a headache treatment. Doctors during the nineteenth century also prescribed the herb for severe headaches. But does cannabis really help…

TuesdayMay 07, 2019 4:20 am

420 with CNW – New Hampshire Senate Okays Medical Marijuana Home Cultivation

House Bill 364, a proposed law that seeks to allow patients taking medical cannabis to grow marijuana at home, has been approved by the senate in New Hampshire. The vote was close, but the bill sailed through 14-10. Under the proposed legislation, patients who have been enrolled on the medical marijuana program of the state can have 12 medical marijuana seedlings, 3 young plants and 3 mature plants for their own use. Currently, New Hampshire has 7,000 registered patients in the medical cannabis program. These patients have been compelled to get all their medical marijuana from just four Alternative Treatment…

MondayMay 06, 2019 4:20 pm

420 with CNW – Illinois Unveils Bill to Legalize Recreational Cannabis

A draft law through which Illinois will legalize recreational marijuana has been unveiled. The bill has some ambitious provisions, while others appear to have been borrowed from other states where marijuana is now legal for adult use. One of the most noticeable provisions of the draft law is one that sets up a low-interest loan program worth $20million. Under this program, people from disadvantaged communities, such as African Americans, would borrow the money and set up cannabis businesses so that social equity can be promoted in the industry. Another eye-catching provision in the law which was unveiled on Saturday (May…

MondayMay 06, 2019 1:05 pm

21 Substances More Dangerous Than Cannabis That Are Totally Legal

We’ve got 21 problems and cannabis is not one. Federal cannabis prohibition began in the 1930s, despite the fact that the herb was routinely used in medical and cultural practice. The decision to prohibit involved zero science-based evidence, which is downright tragic when you think about it. And what about all the potentially harmful consumer products that are totally legal? Are synthetic skincare additives and food preservatives more dangerous than cannabis? Based on emerging research thus far, it would seem so. To highlight the major doozies, this list calls out 21 substances more dangerous than cannabis that are totally legal.…

MondayMay 06, 2019 12:20 pm

Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Uplists to OTCQB, Expects Increased Global Exposure

The company’s common shares will trade on the OTCQB Venture Market under ticker symbol ‘PNNRF’ Uplisting is expected to raise Redfund Capital’s visibility with the U.S. investment community and increase overall global exposure Common stock liquidity is also likely to increase as a result of OTCQB trading Global merchant bank Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) recently announced that it has uplisted to the OTCQB Venture Market as of April 30, 2019. According to a company press release, Redfund Capital’s common shares have been approved for OTCQB uplisting and will continue to trade under ticker symbol ‘PNNRF’ (http://cnw.fm/Cpz5P).…

MondayMay 06, 2019 10:59 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters New Licensing Agreement, Strengthens Business Model

Lexaria continues to create a strong, revenue-generating business model to support its growing patent portfolio The company out-licenses disruptive delivery technology, giving licensees access to existing patents Lexaria entered into a new beverage license agreement with a California-based cannabis firm The company recently announced four new appointments to its scientific advisory board Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is a drug-delivery platform innovator with existing cannabinoid licensing agreements in Canada and the United States, as well as internationally. By out-licensing disruptive delivery technology DehydraTECH, the company has created a strong, revenue-generating business model and a growing patent portfolio. At…

MondayMay 06, 2019 4:20 am

420 with CNW – Las Vegas City Council Votes to Allow Marijuana Lounges

On Wednesday (May 1), the Las Vegas City Council voted 4-1 in favor of a proposed ordinance that would see cannabis consumption lounges licensed to operate within the city. This means that the first consumption lounges could open by the end of this year. Las Vegas becomes the first city in Nevada to pass regulations allowing cannabis consumption venues to open. Carolyn Goodman, the mayor of Las Vegas, abstained from voting due to a possible conflict of interest. She had earlier revealed that one of her family members works in the cannabis industry. According to the ordinance passed, cannabis retailers…