NewsRoom Articles - Page 443 of 587

FridayMar 29, 2019 4:20 am

420 with CNW – Why Ohioans Aren’t Rushing to Buy Medical Cannabis

Medical cannabis has been available in Ohio for about three months now, but the latest data shows that the 20,000 people registered on the program haven’t displayed much eagerness to buy all the cannabis available at dispensaries. Here are some reasons that could explain this lack of buyer enthusiasm. High Product Prices One major concern for Ohio medical cannabis patients is the high prices being levied for medical cannabis products. On average, an ounce of cannabis costs $470. This is twice the cost of medical cannabis in Michigan. Why is Michigan significant in this case? Patients from Ohio and other…

ThursdayMar 28, 2019 4:20 pm

420 with CNW – Proposed Bill Aims to Make Illinois Medical Cannabis Program Permanent

A bill sponsored by Rep. Bob Morgan seeks to make the pilot medical program in Illinois permanent. The bill also has provisions to include more qualifying conditions for the program. The pilot program was approved in 2013 and lawmakers expanded as well as extended its duration to mid-2020. Under the existing program, patients who suffer from one or more of the 40 qualifying conditions can buy a maximum of 2.5 ounces of medical cannabis every fortnight as long as a doctor approved their enrollment on the program. It should be noted that law enforcement agencies haven’t raised any red flags…

ThursdayMar 28, 2019 11:56 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Receives ‘Speculative Buy’ Rating, Plans Expansion

PLUS received a positive rating, in part, due to its anticipated move into cannabis baked goods and mints PLUS is eyeing expansion into Oregon, Nevada and additional states in the future According to retail sales data, PLUS was California’s number one cannabis-infused edibles brand in retail sales and units sold in Q3 and Q4 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has received a ‘Speculative Buy’ rating in its initial coverage by Canaccord Genuity (“CG”), as well as a price target of C$8 (http://cnw.fm/W3ioH). Driving that positive report is the company’s planned move to expand its product line of cannabis…

ThursdayMar 28, 2019 10:43 am

Youngevity International Inc. (NASDAQ: YGYI) Subsidiaries Poised for Increased Market Penetration in Lucrative Coffee and Cannabis Industries

Youngevity International named among ‘Top 100 Global Direct Selling Companies’ Khrysos Industries, one of Youngevity’s subsidiaries, recently acquired 45 acres of land geared for research and development, as well as hemp plant genetic research CLR Roasters, another of Youngevity’s subsidiaries, has experienced burgeoning success within the coffee and espresso market Youngevity International Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, expects to see continued growth in 2019 as a result of its powerhouse subsidiaries, which are increasing their industry presence through retail expansion and land acquisition. The company, which has been named among the ‘Top 100 Global Direct Selling Companies’,…

ThursdayMar 28, 2019 9:46 am

Cannabis Conference: Leading Cultivation and Dispensary Education Event Is Fast Approaching

In just 4 weeks, industry leaders will gather in Las Vegas for Cannabis Conference. March 31 is the final day to register for the conference online. WHO: Produced by the award-winning publications Cannabis Business Times and Cannabis Dispensary, Cannabis Conference 2019 is the only North American conference focused exclusively on cultivators and dispensaries. Conference attendees will have the ability to get up close and personal with many of the brightest minds in the cannabis industry. WHAT: Cannabis Conference 2019 will host 3,000+ industry professionals from 26 different countries. 40+ sessions will be led by 90+ cultivation, retail and business experts;…

ThursdayMar 28, 2019 9:41 am

Inhaled vs. Oral Cannabis: Which Is Right for You?

One of the biggest misconceptions I encounter among my patients is the idea that if you don’t want to inhale cannabis, you should just take an edible. I can see where they are coming from with this, but from a medical point of view, it’s the wrong way of thinking about cannabis as a treatment. These two methods aren’t interchangeable, because inhaled and ingested cannabis behave differently in the body. Both have different characteristics that need to be considered depending on a patient’s issue. Benefits of Inhaled Cannabis The biggest benefit to this method is that it’s quick-acting. Patients should…

ThursdayMar 28, 2019 9:00 am

CBD Surges into Mainstream with New Products, Celebrity Endorsements and Emerging Consensus about Benefits

CannabisNewsWire Editorial Coverage: Analysts at Brightfield Group see CBD (cannabidiol) gobbling up a sizeable chunk of a projected $100 billion nutraceuticals 2022 U.S. market. Growing CBD market could eclipse broader cannabis market Consensus about health benefits backed by clinical work, personal endorsements lead to heightened interest CBD found in vast array of new products As CBD moves into the mainstream, opportunities are likely to grow exponentially for a variety of companies, including plant-based health and wellness product developer Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile). Canadian company Tilray Inc. (NASDAQ: TLRY) is riding the wave by acquiring Manitoba Harvest,…

ThursdayMar 28, 2019 4:20 am

420 with CNW – Utah Moves to Hire Software Provider for Medical Marijuana Program

After passing a medical marijuana law in December 2018, Utah has now engaged high gear in moving towards implementing the program. The state is currently looking for a software provider who will design a two-part system that will, in effect, run the entire medical cannabis program. One part of the system will track each medical cannabis plant from the time it reaches eight inches tall to the point when it is bought by a patient registered to use medical marijuana in the state. Tracking the plants is important because the state will be sure that legally grown weed isn’t being…

WednesdayMar 27, 2019 4:20 pm

420 with CNW – New York Cannabis Legalization Process Hits Major Snag

The process of legalizing recreational marijuana in New York has hit a major snag with the announcement that it isn’t included in the state budget for 2020. This means that it may now be harder to pass the legalization bill as a standalone bill. Gov. Andrew Cuomo (D) has been pushing to have the bill included in the state budget for 2020, but it seems things haven’t gone his way. The major issue in the way of legalization appears to be disagreements regarding how the program will be implemented. For example, the legislators are sharply divided about the way in…

WednesdayMar 27, 2019 11:30 am

Earth Science Tech Inc. (ETST) Taking Strategic Steps in Anticipation of Rapidly Growing Market

Company’s product distribution is expected to reach a wider customer base in the United States ETST is working to expand its distribution footprint in Latin America Company reports successes for all four wholly owned subsidiaries Biotech company Earth Science Tech Inc. (OTCQB: ETST), focused on the nutraceutical and pharmaceutical fields, is taking strategic steps in anticipation of a projected $16 billion market in the United States by the year 2025 (http://cnw.fm/94F1j). The company is increasing the size of its sales team and expanding its full-spectrum cannabidiol (CBD) product distribution. ETST continues to offer the highest purity and quality high-grade, full-spectrum CBD…