NewsRoom Articles - Page 452 of 606

TuesdayApr 23, 2019 4:20 am

420 with CNW – Nevada Dragged to Court Over the Issuance of Marijuana Licenses

The growing discontent among companies that weren’t selected to receive one of the marijuana business licenses issued by the State of Nevada has grown to an extent of lawsuits being filed against the tax department. A dozen companies have gone to court and want the state to be stopped from issuing more licenses until court decides whether the selection process was “capricious and violated the state constitution.” A total of six lawsuits have been filed, all alleging that no one knows what criteria was used by the state when selecting the cannabis companies to grant a license and which applications…

MondayApr 22, 2019 4:20 pm

420 with CNW – StatsCan Reveals that Cannabis Legalization Resulted in Canadian Weed Becoming More Expensive

Data released by Statistics Canada last week shows that after recreational cannabis was legalized in Canada on October 17, 2018, the price of legal marijuana increased by approximately 17 percent. However, the Canadians who are buying pot from the licensed suppliers are paying about 57 percent more for the product when compared to those who are getting their weed from the black market. Statistics Canada (StatsCan) arrived at these figures after collecting data from residents who were asked to volunteer information without any fear that they would be victimized for revealing their cannabis buying habits. This creative approach helped StatsCan…

MondayApr 22, 2019 12:40 pm

Cannabis Replacing Alcohol? Health Benefits and Advantages

The growing number of cannabis users and newcomers to the cannabis culture often wonder whether cannabis is a healthier substitute for alcohol. People are starting to ask themselves if it’s better to relax after a tough day at work with a drink in hand or a cannabis product. Studies observing the effects of cannabis versus alcohol have found that there is a good reason to choose cannabis over alcohol. Cannabis offers fewer health risks and can even lead to distinct health advantages thanks to its medical value. The Effects of Cannabis VS Alcohol Both alcohol and cannabis include psychoactive properties that…

MondayApr 22, 2019 12:14 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Advancing Adult-Use Profile in Canada, Medical-Use Options Internationally

The Supreme Cannabis Company is building on its motto to “simply grow better” by increasing flowering space, rolling out a new product line and entering international trade The company expects to begin limited distribution of a new proprietary cannabis oil line this month, with expanded reach by June, including a yet-to-be announced brand Supreme Cannabis’ subsidiary, 7ACRES, is a ‘Brand of the Year’ award recipient that will provide the input trim for the high-terpene, adult-use oil product line Premium cannabis producer The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is making final preparations for this month’s roll…

MondayApr 22, 2019 11:26 am

Worldwide Nutraceuticals Market Continues Rapid Growth, Global Consortium Inc. (GCGX) Positioned to Benefit from Positive Dynamics

Nutraceuticals market growth is anticipated to create new opportunities for companies that are already well-established in the industry Recently, Global Consortium announced the addition of a medical-grade nutraceutical division to its subsidiary, Infused Edibles The new nutraceutical formulas will be developed and tested at a California facility prior to hitting the market, with the first product expected to become available in June 2019 The global nutraceuticals market is anticipated to grow from $184.0 billion in 2015 to $302.3 billion in 2022, recording a CAGR of 7.04 percent for the period, according to an Allied Market Research report (http://cnw.fm/5CAn1). According to…

MondayApr 22, 2019 4:20 am

420 with CNW – Canadian Marijuana Consumers Unaware They Can Object to ID Scanning

Canadian law requires cannabis buyers to present a valid ID for verification before one buys recreational or medical cannabis. However, some retail stores are going a step further and scanning the IDs of their customers. Such scanning isn’t provided for in the law, and the stores doing so are using that information for their own purposes. For example, some may use the collected data to track buyer behavior. The danger in scanning cannabis buyers’ IDs is that there is still a lot of stigma attached to cannabis users. It would therefore be very damaging if the data collected by the…

ThursdayApr 18, 2019 4:20 pm

420 with CNW – American Cannabis Sales Expected to Double on 4/20

For the uninitiated, 4/20 in the marijuana industry can be equated to Fourth of July. The exact origin of that “holiday” isn’t known, but there is speculation that the day is named after the time of the day (4:20 p.m.) when a group of students would meet outside their high school in the 1970s to hunt for some legendary cannabis plants that had been abandoned. According to that myth, those students never found that marijuana crop, so they doggedly kept up their search. On 4/20, sales of marijuana are expected to, at the very least, double at all retail facilities…

ThursdayApr 18, 2019 12:44 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands Production Facility as Demand for Cannabis Reaches All-Time High

Company recently added square footage to its 7ACRES facility, signifying a 50 percent increase from prior production estimates 7ACRES was recognized as ‘Brand of the Year’ at the 2018 Canadian Cannabis Awards President and CEO John Fowler was named to High Times’ list of the ‘100 Most Influential People in Cannabis’ The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading licensed cannabis producer with a diversified portfolio of products and brands, recently secured Health Canada’s approval for six additional flowering rooms. This addition brings the company’s total production capacity up to 180,000 square feet when measured…

ThursdayApr 18, 2019 12:20 pm

Green Hygienics Holdings Inc. (GRYN) Demonstrates Strategic Acumen with Acquisition of Leading CBD Processor Coastal Labs LLC

Green Hygienics is on a path toward establishing a leadership role in the cannabis industry through ‘elevated integration’ Its acquisition of Coastal Labs adds one of North America’s premier CBD processing labs to the company’s portfolio Progress continues toward securing its supply chain through the cultivation and processing of hemp and cannabis Green Hygienics Holdings Inc. (OTCQB: GRYN), a full-scope, premium cannabis company targeting the high-end medical and recreational adult-use market, is moving quickly to establish itself as a leader in the advancement of science-driven cannabis cultivation techniques. Underscoring the company’s strategy of generating revenues from multiple sources, including valuable acquisitions,…

ThursdayApr 18, 2019 9:29 am

5 Cannabis-Infused Breakfast Recipes to Start Your Day Right

For some of us, the best part of each morning is a little roast and toast as the sun comes up. Take your wake and bake to the next level by infusing your breakfast with cannabis. Cooking with cannabis oil or cannabutter will make sure that the most important meal of your day is satisfying in more ways than one. Start your morning on the right foot. Grab a cup of coffee (or cocoa) and head to the kitchen with us to cook up a delicious cannabis-infused breakfast. New to cannabis cooking? Want to better control the dose? Check out…