NewsRoom Articles - Page 440 of 609

MondayJun 03, 2019 4:20 pm

420 with CNW – Illinois Just a Step Away from Legalizing Marijuana After Assembly Passes Senate Bill

The Illinois Senate passed a bill legalizing recreational marijuana and left the Assembly with just two days to approve the changes made to HB 1438 before the current legislative session ends. The House did just that on Friday (May 31), and what is left is for the governor to sign that bill into law so that the state becomes the 11th across the country to fully legalize marijuana. Gov. Pritzker campaigned on a platform of marijuana legalization, so he is widely expected to sign off on the bill when it gets to his desk. If the bill becomes law, adults…

MondayJun 03, 2019 12:19 pm

IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Expands Market Reach of its High-Value, Premium Cannabis Brands

IONIC’s sophisticated, premium vape pen line has earned a reputation as the top vape brand in Washington state The company’s acquisitions include a 140-acre farm in eastern Washington state that’s capable of producing 100,000 pounds of cannabis, as well as a licensed cannabis volatile extraction and manufacturing facility in California IONIC’s proprietary formulations of refined cannabis oils and distillates are used to create the popular Zoots Premium Cannabis Infused Edibles line IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) is a national cannabis holding company that’s building a multistate portfolio of award-winning premium and luxury brands in the cannabis space. Established…

MondayJun 03, 2019 11:21 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Acquire Blissco Cannabis Corp.

The company recently announced the upcoming acquisition in an all-stock transaction worth approximately C$48 million The alignment of values stemming from this transaction emphasizes Supreme’s dedication to providing premium products, education, support and customer care on a global level The acquisition takes Supreme one step closer to becoming a leading global provider of cannabis for personal wellbeing The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), Canada’s only coast-to-coast premium cannabis producer, recently announced its entry into a definitive arrangement agreement to acquire Blissco Cannabis Corp. in an all-stock transaction worth approximately C$48 million (http://cnw.fm/3Zkgp). Blissco has built…

MondayJun 03, 2019 4:20 am

420 with CNW – Top 4 Documentaries That Will Teach You About Marijuana

One of the best ways to learn about any subject of interest is by seeking out materials, such as documentaries, sitcoms, movies and other shows. This article summarizes some of the most acclaimed documentaries which will help you to delve into the different aspects (on both sides of the divide) of the cannabis industry. Documentary #1: Weed the People (2018) You are likely to watch this documentary with rapt attention for the entire 97 minutes that it runs. The documentary will evoke your emotions and overwhelm you as you follow the story of a group of parents and their kids…

FridayMay 31, 2019 4:20 pm

420 with CNW – Canopy Growth Funds Digital Tools to Combat Underage Cannabis Use

Canopy Growth, one of the largest marijuana companies in Canada, has teamed up with two drugs awareness organizations to develop digital tools which will help to curb drug abuse among young people. The two entities with which Canopy Growth has partnered are Canadian Students for Sensible Drug Policy and the second is Parent Action on Drugs. The collaboration has resulted in the creation of a text messaging service and an educational chatbot which will help parents, educators and youth to speak candidly about marijuana use. Hilary Black, the Chief Advocacy Officer of Canopy Growth, revealed that the partnership was cemented…

FridayMay 31, 2019 11:51 am

CFO of ChineseInvestors.com Inc.’s (CIIX) Foreign Enterprise to Present at LD Micro Invitational

The CFO of CIIX’s CBD Biotechnology Co. Ltd. is scheduled to speak at the microcap conference The company official is expected to share exciting new developments related to its hemp product line with current and prospective investors The company anticipates exciting opportunities for business growth in the coming months ChineseInvestors.com Inc. (OTCQB: CIIX) will be an official presenter at the 9th Annual LD Micro Invitational to be held June 4-5 at the Luxe Sunset Boulevard Hotel in Bel-Air, California. Alex Hamilton, chief financial officer of CIIX’s wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., will present a corporate overview at…

FridayMay 31, 2019 10:50 am

Earth Science Tech Inc.’s (ETST) White-Label Initiative Designed to Gain Market Share

The company is now able to fulfill inquiries about white labeling its full-spectrum cannabinoids line ETST has added markets for CBD products through two distribution agreements The company continues to eye product placement in large chain and health food stores, dispensaries, chiropractor offices, athletic clubs and clinics Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is seeking to gain more market share through its white-label initiative that offers marketers the ability to rebrand its full-spectrum cannabinoids line (http://cnw.fm/s4QmA). “I’m excited to share that our sales have consistently increased over 100% every month,” ETST…

FridayMay 31, 2019 10:22 am

MariMed Inc. (MRMD) Reports 69% Jump in Q1 2019 Revenues, Adopts Growth Strategy

MRMD improved its adjusted EBITDA in Q1 2019 by 76 percent The company’s multipronged strategy for growth includes continued consolidation of cannabis operations and the launch of a subsidiary MariMed CEO identified the company as a “significant early mover” in the burgeoning CBD health and wellness market MariMed Inc. (OTCQB: MRMD) recorded a 69 percent jump in revenues to $3,515,815 for the three months ended March 31, 2019, as compared to $2,082,950 for the comparable period of the prior year. The company’s gross profit for the quarter rose 90 percent, to $2,261,025, from $1,194,081 for the same period in 2018.…

FridayMay 31, 2019 4:20 am

420 with CNW – Arizona Medical Cannabis Dispensaries Celebrate Supreme Court Decision on Concentrates as Sales Soar

In a 7-0 emphatic decision, the Supreme Court of Arizona has quashed a ruling by the Court of Appeal to the effect that marijuana concentrates, such as hashish, were not included in the law which legalized medical marijuana in the state. This case arose after Yavapai County convicted a patient with a valid medical marijuana card issued by the state for possessing hashish. In their ruling delivered on Tuesday (May 28), the justices affirmed that the law legalized all forms of the cannabis plant, including the concentrates made from any segments of the plant that manufacturers deemed fit for processing.…

ThursdayMay 30, 2019 4:20 pm

420 with CNW – Illinois Senate Passes Recreational Cannabis Legislation Bill

As the legislative session enters its final days, the senate in Illinois has voted to pass a recreational cannabis legalization bill after months of debate and modification. The bill now goes to the Assembly before being presented to Gov. Pritzker by the end of this month. The bill has a number of provisions which are intended to promote social equity once the marijuana industry becomes fully legal. For example, the bill provides for the automatic expungement of previous convictions for the possession of less than an ounce (30 grams) of marijuana. Individuals who were convicted for possessing between 30-500 grams…

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