NewsRoom Articles - Page 444 of 600

FridayApr 26, 2019 4:20 am

420 with CNW – Group Plans 2020 Ballot Measure to Legalize Recreational Cannabis in Montana

Coalition406, a new group in Montana, is planning to formulate a ballot measure so that residents can decide whether recreational marijuana should be legalized in the state during the 2020 elections. In recent years, efforts to legalize adult-use marijuana have attracted growing support in the population. This support is buoyed by the increasing number of states that are either in the process or have already legalized recreational marijuana. A poll conducted in February this year by researchers from the University of Montana found that 51 percent of all voters in the state support recreational cannabis legalization. Coalition406 strongly believes that…

ThursdayApr 25, 2019 4:20 pm

420 with CNW – Epileptic Dogs Get Fewer Seizures When Given CBD Oil, Study Finds

A new study whose results were published in the journal Pet Behavior Science indicates that dogs with epilepsy have less frequent seizures if treated using CBD oil. The study was small because it only followed three dogs over a period of two months while those dogs were treated with CBD oil. The research suggests that dogs respond to cannabis treatment in the same way that humans do. The age and breed of the dogs studied varied. For example, one dog was a Labrador Retriever aged 3. This dog used to suffer an average of one epileptic seizure every month. A…

ThursdayApr 25, 2019 1:46 pm

Hemptown USA is “One to Watch”

Proprietary genetics program with strains high in CBG, CBD, CBN and other high-potential cannabinoids Exclusive rights to 1 million rare CBG seeds for the 2019 growing season and beyond Biomass producing higher yields with up to 20% full-spectrum CBD and other cannabinoids Multistate farming presence in Oregon, California, Colorado and Kentucky projected to cultivate 3,000 acres by 2020 Sales and distribution channels include contract wholesale, bulk wholesale, in-house brands and white labeled products Disruptive product formulation ensures water solubility, high bioavailability and efficacy S. hemp-derived CBD sales forecast calls for $22 billion by 2022 Hemptown USA, headquartered in Central Point,…

ThursdayApr 25, 2019 1:07 pm

Sugarmade Inc. (SGMD) Among Hemp-Related Businesses Likely to Benefit if Congress Approves Cannabis Banking Legislation

Sugarmade is focusing its hydroponic agricultural supplies operation on the emerging hemp industry Passage of the 2018 Farm Bill opened the gates to a new wave of hemp farming that portends a possible boom market The hemp industry has suffered from the same banking antipathy afflicting state-legal marijuana businesses because of federal regulation of cannabis’ drug uses Congress has begun considering legislation that would potentially bar federal agencies from penalizing financial institutions that serve cannabis-related businesses Congressional legislation that aims to open banking institutions’ doors to the cannabis industry would not only benefit state-legal marijuana businesses, but also agricultural businesses…

ThursdayApr 25, 2019 11:35 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Focusing on Burgeoning Cannabis Beverage and Consumables Market

Sproutly Canada is committed to redefining the cannabis industry SRUTF’s ACMPR-licensed facility was built for the cultivation of pharmaceutical-grade cannabis The company is developing the Aqueous Phytorecovery Process Based in Vancouver, British Columbia, Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) engages in developing and bringing to market consumer cannabis products, with an emphasis on beverages. The company’s primary mission is to become the foremost supplier of water-soluble cannabis solutions and bio-natural oils to the developing beverage and consumables market. Sproutly Canada’s ACMPR-licensed facility in Toronto, Ontario, was built to cultivate pharmaceutical-grade cannabis. Fundamentally, Sproutly is combining advanced cannabis…

ThursdayApr 25, 2019 10:12 am

Geyser Brands Inc. (TSX.V: GYSR) is “One to Watch”

Medical and recreational cannabis is legal for adult-use in Canada with consumables expected to be available in October 2019 Passage of 2018 Farm Bill in the U.S. opens hemp production nationwide Legal cannabis sales worldwide reached $12 billion in 2018 with analysts projecting up to $32 billion in sales by 2022 CBD-infused consumables are expected to gain popularity with edibles growing to be a $4 billion market in the U.S. and Canada by 2022 Nanofusion technology overcomes insolubility problems associated with CBD oils, improving bioavailability and providing for controlled onset and offset times Geyser Brands Inc. (TSX.V: GYSR) is a…

ThursdayApr 25, 2019 9:25 am

This Week In Cannabis: Cannabis Moves Further into the Mainstream

Last weekend was April 20th, which is largely recognized as the international holiday for cannabis. In years past, the day marked a day of protest. But as the reform movement has obtained victories and the cannabis industry continues to emerge, cannabis continues to go mainstream. This last week was proof of that. Below is a recap of what happened this week in the cannabis world. Carl's Jr CBD-infused burger gets massive publicity What happened: The Carl's Jr fast food chain debuted a CBD-infused burger over 4/20 weekend in Denver. The burger was apparently a big hit because it sold out…

ThursdayApr 25, 2019 9:00 am

Untapped Cannabis Market Offers Spectacular Growth Opportunities

CannabisNewsWire Editorial Coverage: The explosive growth recently seen in the cannabis industry presents a rare chance for savvy companies to profit in a virtually untapped market. Legal marijuana market projected to reach $146.4 billion. United States and Canada current epicenter of cannabis growth. Brand recognition and retail reach imperative for market share. The cannabis bonanza has created a rare window of opportunity for companies that are able to capture market share and create long-term success. Brand recognition and retail reach look to be key to obtaining these lucrative rewards. Shortly after posting its tenth consecutive quarter of increased revenues, Wildflower…

ThursdayApr 25, 2019 4:20 am

420 with CNW – Texas Lawmakers to Vote on Cannabis Decriminalization This Week

About a month ago, the Texas House Jurisprudence Committee passed a bill that would make low-level cannabis possession a crime punishable by a fine rather than jail time. That bill is now before the House and it will be voted on this week (Thursday). If the bill becomes law, anyone found in possession of an ounce or less of marijuana would pay a fine of $250. Such a crime would then become a Class C misdemeanor if one is caught more than twice. Under the current law, anyone who is found with two ounces or less of marijuana can be…

WednesdayApr 24, 2019 4:20 pm

420 with CNW – West Virginia Looks for Financial Institution to Handle Medical Cannabis Money

The Treasurer’s Office in West Virginia plans to issue a request for proposals (RFP) by the end of next month (May 2019) inviting interested financial institutions to submit their proposals for handling the money generated by the state from the medical cannabis industry. These funds will include license fees, fines, taxes and other revenues accruing from medical marijuana. Earlier this year, the legislature passed a law to expand the scope of the types of financial institutions that could express interest in handling this money from medical marijuana. Credit unions and other non-traditional banking companies are now eligible to apply. It…