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…

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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.…

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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).…

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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…

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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…

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FridayMay 03, 2019 4:20 pm

420 with CNW – 3 Things We Get Wrong When We Look at Cannabis as We Do Alcohol

As more states move to legalize cannabis in the U.S., there is a tendency to think about marijuana in the same light as alcohol, and this sets up people to make a number of mistakes. Below are three things that you are likely to get wrong when you look at cannabis through the same lens as you think about alcohol. Expecting Quick Results from Consuming Marijuana Edibles When you take alcohol, it is fairly easy to know when you are approaching your limit and are now crossing into the realm of intoxication. When some people consume cannabis edibles for the…

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FridayMay 03, 2019 12:12 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Launches Cambium Plant Sciences

SPRWF has remained at the center of the cannabis space since 2014 The company has a licensed producer subsidiary in Ontario Supreme Cannabis recently launched new subsidiary Cambium Plant Sciences Bank of America recently initiated coverage with an initial ‘Buy’ rating The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is Canada’s only large-scale premium cannabis producer. The company formed its wholly owned 7ACRES subsidiary as the first licensed producer (“LP”) centered on growing high-quality cannabis in high quantities. 7ACRES provides enthusiasts with handcrafted cannabis flower that delivers a premier experience. Headquartered in Toronto, Supreme Cannabis has supply…

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FridayMay 03, 2019 11:47 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Rises to Top Position in World’s Most Competitive Cannabis Market

Branded cannabis products grew 637 percent more than non-branded products between 2014 and 2018 Edibles continue to assure investors of stable market prices as compared to concentrates and flower products Plus Products anticipates enormous growth in production capacity as it constructs a large-scale manufacturing plant Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is making moves to dominate the branded cannabis industry through its continued focus on premium products executed with precision and made available to consumers everywhere. The team at Plus Products realizes that the cannabis industry is moving toward branded products and sees brand strategy…

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FridayMay 03, 2019 9:32 am

7 Ways Hemp Plastic Could Change the World

Did you know that it takes between 500-1,000 years for plastic to degrade? Plastic pollution is destroying our planet by the minute. In fact, so much plastic is thrown away each year it could circle the earth four times. And these numbers are on the rise. In the United States alone, Americans throw away 35 billion plastic water bottles every year. This plastic ends up in the land and the sea, devastating natural ecosystems. Worse yet, this same plastic pollution ends up in our bodies. It’s estimated that 93 percent of Americans over the age of six test positive for…

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FridayMay 03, 2019 4:20 am

420 with CNW – Moosehead Teams up With Sproutly Canada to Produce Cannabis Beverages

Moosehead Breweries Ltd, one of the largest breweries in Canada, has announced that it plans to form a joint venture with Sproutly Canada, Inc. in order to make cannabis-infused drinks. The drinks will be introduced on the Canadian market by the end of this year. Andrew Oland, the CEO of Moosehead Breweries Ltd, said that the company wants to enter the cannabis beverages space as soon as the federal government in Canada releases rules to regulate cannabis edibles in the country. As a leader in the beer industry, Moosehead is convinced that the company is well placed to be a…

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