NewsRoom Articles - Page 451 of 591

WednesdayMar 20, 2019 11:35 am

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Sees Continued Increase in Revenues and Brand Recognition

Wildflower reported 10th consecutive quarter of increased revenue Company included CBD products in the Four Seasons Hollywood Swag Bag for the 2019 Oscars Wildflower opened a branded general store in Lower Manhattan in a high-occupancy office tower housing established digital media companies For the 10th consecutive quarter, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF), a cannabis company focused on developing and designing branded products, has seen an increase in revenue (http://cnw.fm/15Bi3). The second quarter of 2019 brought in $1.4 million in sales, a $0.4 million increase over the previous quarter, which is representative of an increase that’s consistent across all sources. Headquartered…

WednesdayMar 20, 2019 9:54 am

Cannabis Activism Post-Prohibition: Concrete Steps Forward

[Note: This article is part of an exclusive series about how cannabis activists can add value to today's cannabis industry – by Amanda Reiman, cannabis activist and VP of Community Relations with Flow Kana. You can find other installments here.] Over the past several weeks I have addressed various ways in which activists can stay engaged after cannabis legalization. As anyone who has witnessed the transition from prohibition to legalization can attest, legalization does not solve problems so much as changes the conversations and strategies around the problems. Shifting cannabis from a criminal justice to a public health paradigm invites opportunities that were not in…

WednesdayMar 20, 2019 9:00 am

CBD Beverages – Possible Next Big Disruptor in the Drinks Industry

CannabisNewsWire Editorial Coverage: Drinks infused with cannabis-derived cannabidiol (CBD) are in a prime position to bring disruption to the beverage sector. The growing consumer interest in hemp-derived CBD as a health supplement along with the recent passing of the Farm Bill has spawned a growing interest in CBD-infused drinks. The ever-increasing global trend to legalizing cannabis is also creating demand for “harder” beverages derived from marijuana Big alcohol companies have taken a particular interest in investing in cannabis producers. The relationship is also working in an inverse direction, with CBD producers recruiting experienced beverage executives to help launch new products.…

WednesdayMar 20, 2019 4:20 am

420 with CNW – Illinois Legislators Move to Ease Banking for Cannabis Businesses

As Illinois gears up to legalize recreational weed, a couple of bills have been tabled to protect state-chartered banks that decide to accept cannabis businesses as clients. Under federal law, any money from cannabis businesses is regarded as drug money and banks that accept such money may be prosecuted by the federal authorities. Consequently, most banks have been reluctant to do business with marijuana companies even if the allure of the huge sums of money that can be made from the cannabis industry is strong. The past years have seen medical cannabis companies struggling to find a bank that is…

TuesdayMar 19, 2019 4:20 pm

420 with CNW – Bipartisan Bill Seeks to Protect Federal Workers Who Use Marijuana

A bipartisan bill introduced in Congress last week (March 12) seeks to shield federal employees from being fired once they test positive for marijuana. The bill, introduced by Reps. Don Young (R-AK) and Charlie Crist (D-FL), is intended to clarify that federal workers who consume cannabis in states where it is legal cannot be held liable under federal law for testing positive for the substance. Currently, federal employees can be summarily fired or denied a job if they test positive for THC. This blanket action happens regardless of state law. Crist explains that the existing policy and law disproportionately impacts…

TuesdayMar 19, 2019 12:17 pm

SinglePoint Inc. (SING), Direct Solar Discuss Asset Acquisition in New Interview

SinglePoint is building a cannabis-friendly portfolio through ancillary asset acquisitions fueled by an LOI to inject $12 million in capital The company’s acquisition agreement with brokerage Direct Solar and customer lead generator AI Live Transfers leads the way for solar power boost to portfolio A new interview with SinglePoint and Direct Solar highlights the companies’ enthusiasm for the potential of completing the agreement by April 15 Technology-building firm SinglePoint Inc. (OTCQB: SING) is advancing its commitment to the environment and its investment in the cannabis industry through the acquisition of two companies that have successfully applied the Lending Tree model…

TuesdayMar 19, 2019 9:28 am

Cannabis Dispensaries: 6 Critical Compliance Mistakes to Avoid

Cannabis dispensaries have to abide by many layers of rules and regulations. They operate under a huge microscope and even one misstep can be really, really bad. Dispensaries that commit a compliance violation can be blasted in mainstream media, be pointed to for years by cannabis opponents, be fined, and/or shutdown. Compliance should always be on the minds of dispensary owners and dispensary staff. Below are some common examples of compliance issues that should be avoided at all costs. 1) Not checking ID The most common compliance violation that dispensaries make is not checking identification to ensure that a customer is…

TuesdayMar 19, 2019 9:00 am

Hemp Boom Leads to Cultivation Supply Shortages

CannabisNewsWire Editorial Coverage: The growth of the hemp sector is having a beneficial effect for both hemp companies and hydroponic suppliers. The growth of hemp more than doubled in the United States last year More companies are moving to produce hemp, causing a surge in demand for cultivation and hydroponic supplies Shortages are particularly acute relative to the hemp micropropagation and hemp cloning supplies as the spring planting season looms Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) via its pending acquisitions is poised to accelerate its growth rate as a result of this hemp cultivation boom, along with other leading companies.…

TuesdayMar 19, 2019 9:00 am

CBD Industry Soars in Wake of Farm Bill; Massive Growth Projected to Continue

CannabisNewsWire Editorial Coverage: Following the passing of the 2018 Farm Bill, CBD sales have continued their massive growth in the United States and beyond. Cannabidiol (CBD), a chemical found in cannabis, has seen a huge growth in sales over the past few years. CBD can be derived from hemp, and the passing of a new farm bill in the States makes this form of cultivation legal at a federal level. This forms part of wider growth in the cannabis market, as companies expand their operations in North America and even beyond. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile)…

TuesdayMar 19, 2019 4:20 am

420 with CNW – Complaints about the Minnesota Medical Cannabis Task Force Increase

When Minnesota legalized medical cannabis in 2014, a task force was established to evaluate the medical cannabis program and report back to the state. However, numerous complaints about the operation and effectiveness of this task force have arisen. Representatives of patients, law enforcement agencies, the medical community, lawmakers and other stakeholders make up this task force. The task force is mandated to scrutinize patient access to the medical marijuana program, the affordability of the products and any other issue connected to medical cannabis. However, the task force appears to have been doomed right from its very inception. For example, the…