NewsRoom Articles - Page 441 of 587

WednesdayApr 03, 2019 9:00 am

CBD Industry Set to Explode as New Products, Consumers Enter Market

CannabisNewsWire Editorial Coverage: The U.S. Farm Bill that recently passed into law is a game-changer for the CBD space. While it is unknown when nationwide cannabis legalization may occur, incredible opportunities exist right now for CBD-focused companies that can deliver products to the marketplace. Demand is growing for organic CBD products in markets where such products are legal. Youngevity has made a series of strategic acquisitions to help establish the company’s position Companies ready to deliver CBD products to market at scale are in ideal position to capitalize on growing demand. Passage of the latest U.S. Farm Bill marked a…

WednesdayApr 03, 2019 9:00 am

Hemp Market Drives Hydroponics Growth

CannabisNewsWire Editorial Coverage: A surge in hemp production means big business for hydroponic suppliers. Hemp production set to massively increase in the United States this year. Increased production driving high demand for hydroponic supplies. Hydroponics companies are responding with expansion and acquisitions. Sugarmade Inc. (OTC: SGMD) (SGMD Profile) has strategically acquired several companies to meet demand and expand its foothold. Canadian-based Tilray Inc. (NASDAQ: TLRY) has expanded production in both Canada and Europe while Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) is developing projects in the United States, and Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has received massive outside…

WednesdayApr 03, 2019 4:20 am

420 with CNW – Ontario Marijuana Stores Open as Fines Loom

When recreational marijuana was legalized across Canada on October 17, 2018, Ontario decided to start by only availing cannabis through a website run by the provincial government. Brick-and-mortar stores were slated to open in April this year, and yesterday (April 1) was the first day of storefront sales. The provincial government decided to use an unconventional way to select which applicants would be granted the first 25 recreational cannabis retail licenses early this year. It used a lottery to select the lucky 25 businesses to be first to open retail stores. Originally, the plan was to license as many retailers…

TuesdayApr 02, 2019 4:20 pm

420 with CNW – 50 Marijuana Dispensaries in Michigan Get Temporary Reprieve in Court

On Thursday last week (March 28), Judge Stephen Borrello of the Michigan Court of Claims issued a temporary order stopping the state from implementing its decision to close down any medical marijuana dispensary that hadn’t received its license by March 31. The restraining order gives the businesses in question another 14 days within which to get their operations legalized in accordance with the licensing requirements of the state. For long, players in the Michigan medical marijuana industry have been complaining that the state takes an inexplicably long time to process and issue a license to an applicant. This slow bureaucratic…

TuesdayApr 02, 2019 11:58 am

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) Receives Second Organic Certification; Gains Initial Approval on Hamilton Facility

TGOD recently received its second organic certification at its Hamilton facility Jefferies and Seaport Global have initiated coverage on the company’s stock TGOD’s Canada-listed shares climbed by more than 19 percent between February 28 and March 28, 2019 Company has received initial approval to operate a cannabis greenhouse in Ancaster, Ontario The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is now most definitely on the radar of the investment community. In February, NYC-based investment bank Jefferies initiated coverage of the stock with a ‘Buy’ recommendation (http://cnw.fm/7ZOHz). The company’s stock price has been climbing in the wake of this…

TuesdayApr 02, 2019 11:38 am

ChineseInvestors.com Inc. (CIIX) Subsidiary Launches High-End, Full-Spectrum Luxury Brand CBD Oil

The new CBD oil product was introduced at the Financial Carnival Event in San Francisco The full-spectrum oil joins CIIX’s other CBD products, including OptHemp and the OPT2Mist CBD-infused sprays CEO sees possibility of reaching $6-$10 million in annual sales volume, facilitating uplisting to the New York Stock Exchange or the Nasdaq Capital Market ChineseInvestors.com Inc. (OTCQB: CIIX) has added a high-end, full-spectrum brand of CBD oil to its CBD offerings through subsidiary ChineseHempOil.com Inc. The new product line is available at www.365CWC.com. CIIX said in a news release that the new, branded oil should have a positive impact on…

TuesdayApr 02, 2019 11:11 am

Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Set to Thrive within Blossoming Cosmeceutical Industry

Therma Bright Inc.’s proprietary technology has received Class II medical device status from the U.S. Food and Drug Administration The global market for cosmeceuticals was valued at nearly $47 billion in 2017 and is estimated to see continued growth The company is waiting on regulatory approvals for its thermal therapy technology, which incorporates the use of cannabis or cannabidiol Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF), a medical device technology provider focused on addressing dermatological needs in the multi-billion-dollar cosmeceutical (the convergence of cosmetic and pharmaceutical products) industry, offers relief for insect and marine life bites and stings, which is…

TuesdayApr 02, 2019 10:35 am

Marijuana Company of America Inc. (MCOA) Officially Launches hempSMART in UK, Acquires Interest in California Company

Most of MCOA’s projects involve the cultivation and distribution of hemp-derived products The company has officially launched its industrial hemp-based, CBD-formulated hempSMART products in the United Kingdom MCOA recently entered into an LOI with Natural Plant Extracts of California An umbrella company, Marijuana Company of America Inc. (OTCQB: MCOA) supports an array of portfolio businesses that participate in the cannabis industry. Primarily an industrial hemp business, MCOA’s hempSMART company is focused on producing premier-quality botanical supplements derived from organically grown industrial hemp and synergistic botanicals (http://cnw.fm/E6aGU). MCOA is headquartered in Escondido, California. Fundamentally, hempSMART offers a line of industrial hemp-derived cannabidiol…

TuesdayApr 02, 2019 10:11 am

Synthetic Cannabinoids: The Good, the Bad, and the Ugly

Today there are many cannabis-based products available, from whole-plant formulations, available at medical dispensaries, to completely man-made synthetic drugs that are FDA approved. Some of these synthetic cannabinoids mimic classic cannabinoids like THC, while others simply activate and modulate the endocannabinoid system in their own unique way, producing somewhat similar benefits to the cannabis plant. However, there exists a darker side to these synthetic cannabinoids that carry risks far greater than the cannabis plant could ever pose, and it is important to understand the differences. The Good, the Bad & the Ugly – Exploring the Light & Dark Side of Synthetic Cannabis:…

TuesdayApr 02, 2019 4:20 am

420 with CNW – Colorado House Bill Could Make Marijuana Consumption Lounges Legal

Recreational marijuana has been legal in Colorado since 2012, but the people who buy legal pot have been having a hard time finding where they can consume their purchase. This is now set to change if a bill that has been approved by a House Committee eventually gets the nod from the entire State Assembly and Senate. Under current law, recreational cannabis can only be consumed in private residences and private establishments. The ban on public and open consumption of cannabis remains in place even if the law legalizing recreational cannabis intended to regard recreational cannabis in the same way…