NewsRoom Articles - Page 438 of 596

ThursdayMay 02, 2019 10:08 am

This Week in Cannabis: Good News for Social Use Reform & Cannabis Research

This was a big week for cannabis, especially for social use reform. Below is a recap of the biggest news in cannabis from the last week. Social use reform is approved in Las Vegas and is one signature away in Colorado What happened: The Las Vegas City Council approved a measure this week that would legalize cannabis lounges in the city. It's the first municipality in the state to do so. The Colorado Legislature approved a bill that would legalize 'tasting rooms' within the state. The bill now goes to the Governor for final approval. Why it matters: Social use…

ThursdayMay 02, 2019 4:20 am

420 with CNW – Marijuana Investor Donates Millions to Harvard and MIT for Cannabis Research

Charles R. Broderick, a cannabis investor, has donated $9 million to his alma mater (Harvard and Massachusetts Institute of Technology-MIT) so that the two institutions can conduct research into the health effects of cannabis. The two academic institutions described the donation that they had received as the largest ever private funding into marijuana research. Speaking about his donation, Broderick said that the absence of sufficient scientific research on cannabis has allowed some players in the industry to make claims that may be hard to verify. He added that since prohibitionist laws are collapsing around the world, the time has come…

WednesdayMay 01, 2019 4:20 pm

420 with CNW – Trump Administration Opposed to Medical Cannabis for Military Veterans

The Department of Veterans Affairs has voiced its opposition to three bills that are intended to protect the VA benefits of veterans who use medical cannabis in states where it is legal, allow VA doctors to prescribe medical cannabis in states where it is legal and also expand research into the medical potential of cannabis. The VA officials were speaking during a congressional hearing on Tuesday (April 30). For example, Keita Franklin (suicide prevention national director in the VA department) was of the view that the bill compelling the VA department to conduct research on the medical benefits and risks…

WednesdayMay 01, 2019 12:26 pm

Hemptown USA Plans Exponential Expansion of Growing Capacity in 2019

In 2019, Hemptown USA expects to work on expanding its growing capacity to ensure the production of over one million pounds of biomass This is a part of the company’s expansion strategy, which aims to boost Hemptown’s hemp farming capacity to 2,500 acres by 2020 Hemptown is also working on the development of its premium CBD and CBG oil products, as well as isolates Hemptown USA, a proven grower of full-spectrum hemp biomass, anticipates a significant growing capacity expansion in 2019, as detailed by company founder and chairman Rod Wolterman in a CFN interview (http://cnw.fm/1dMr8). According to Wolterman, Hemptown farmed 110…

WednesdayMay 01, 2019 11:47 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Names New Executives, Launches Mango CBD Relief Gummies

Plus Products recently announced new executives and outlined their experience Mango CBD Relief gummies are already at some California retailers PLUS product line ranked number one for cannabis-infused edibles in retail sales and units sold Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has named Jon Paul as its new CFO, reporting to co-founder and company CEO Jake Heimark. Previously, Paul was CEO and founder of Value-Added Finance Resources, an advisory firm. He replaces Craig Heimark, who has been named PLUS’ chief strategy officer. Heimark remains as chairman, secretary and director of the company (http://cnw.fm/JiuG7). Paul has more than 30 years…

WednesdayMay 01, 2019 10:40 am

The Fastest Growing Demographic for Cannabis is Seniors – Here’s Why That’s a Good Thing

Did you know cannabis can help ease many common ailments that come with age? Many senior citizens would benefit greatly from using cannabis, and historically they have been the most likely group of voters to OPPOSE cannabis. If you look at polling related to cannabis, the senior citizen demographic almost always shows the lowest level of support among adults. That is not a coincidence. Sure plenty of seniors benefit from cannabis today. However, this is also the same demographic that was taught for many decades that cannabis use was bad, with no exceptions. It wasn't until recently that the truth about cannabis spread…

WednesdayMay 01, 2019 10:39 am

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Expands Cannabis Footprint in Europe with Key Acquisition Agreement

Wildflower Brands is poised to take its cannabis brand into Europe, beginning with Poland, thanks to its recently announced arrangement with major pharmaceutical distributor Two Towers Analysts anticipate a coming cannabidiol (CBD) boom in Europe, where related products are only just beginning to gain attention This and other acquisitions are seen as the first steps in Wildflower’s carefully planned strategy for international growth An agreement between wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and wholesale medicinal product distributor Two Towers indicates that doors are opening to a potential array of important new markets for Wildflower as the…

WednesdayMay 01, 2019 9:00 am

Next Stage Cannabis Stocks in the Spotlight

CannabisNewsWire Editorial Coverage: Projections for the cannabis markets are staggering, yet there’s evidence that the lofty estimates may be understated. Cannabis projections often fall far short of actual sales growth. Cannabis-infused beverages looks to be next area of explosive upside. Beverage and cannabis companies striking deals to gain market access. New technologies could snag significant market share. Once viewed as wild conjecture for the future of cannabis markets, forecasts in 2015 fell severely short of actuality. At that time, consensus was that Canada could reach CA$2.8 billion in legal sales by 2020. Sage prognosticators now say that the market may…

WednesdayMay 01, 2019 4:20 am

420 with CNW – Canadian Addiction Experts Advocate for Improved Access to Cannabis

While many of the reported benefits of cannabis are backed by scientific evidence, others haven’t yet been subjected to scientific scrutiny. However, cannabis’ role in helping to combat addiction problems has received overwhelming support from addition specialists in Canada. These addiction experts are asking the authorities to take steps and improve access to legal cannabis so that those who are most at risk of addiction to stronger substances can use medical marijuana to reduce their dependence or avoid getting hooked in the first place. Of particular concern is Vancouver in British Columbia. Back in 2015, the authorities in Vancouver created…

TuesdayApr 30, 2019 4:20 pm

420 with CNW – Massachusetts Regulators Vote on Cannabis Home Delivery

Marijuana regulators have reached an agreement about plans to allow the home delivery of marijuana products within the state. A vote of 4-1 was passed by the Cannabis Control Commission. If the plan gets final approval from the commission by the end of May, the delivery of cannabis products within the state would mainly be done by people from the communities that suffered the most during the War on Drugs. The rules pave the way for people from those disadvantaged communities to have an expedited entry into the legal cannabis industry. Under the regulatory policies, home delivery licenses would exclusively…