NewsRoom Articles - Page 452 of 600

FridayApr 05, 2019 4:20 pm

420 with CNW – Georgia on the Verge of Legalizing Medical Cannabis

The state assembly in Georgia has passed a bill that will allow medical marijuana to be grown and processed within the state. With the Governor ready to sign the bill, there seems to be no hurdle to medical marijuana becoming a reality. HB 324 was drafted in order to address the gaps that were created by a law passed in 2015 legalizing the use of low-THC cannabis oil for the treatment of a given set of medical conditions. However, that law didn’t create any provision for the cultivation, sale or possession of cannabis oil within Georgia. The bill that has…

FridayApr 05, 2019 12:27 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Talks DehydraTECH’s Lifesaving Technology on CEO Clips

LXRP CEO Chris Bunka explained in the interview that proprietary technology can save 60,000 lives annually if consumption habits of even one percent of smokers worldwide change CEO Clips videos are featured on business sites including BNN Bloomberg, Thomson Reuters, Yahoo! Finance and Stockhouse.com Bunka went on to described LXRP’s growing patent portfolio and noted that ingesting rather than inhaling, using DehydraTECH technology, could be a lifesaver Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Chris Bunka sought to raise awareness of LXRP in the financial community as he appeared, March 23-24, on CEO Clips via YouTube. In the video,…

FridayApr 05, 2019 12:04 pm

Cannabis Strategic Ventures Inc. (NUGS) Subsidiaries Carving Out Key Positions within Booming Cannabis Industry

Job growth in cannabis industry rose 44 percent in 2018, outpacing other sectors in job market Subsidiary BudHire uniquely positioned to capitalize on growing need for outsourced personnel solutions Legal cannabis spending worldwide expected to increase from $20.1 billion in 2018 to $43.3 billion in 2022 and $63.5 billion in 2024 Cannabis Strategic Ventures Inc. (OTC: NUGS), a Los Angeles-based cannabis firm, is moving swiftly to secure footholds in various sectors of the booming cannabis industry. Economists note that job creation in the cannabis industry is beginning to roll out massive numbers on both the recreational and medicinal sides, with…

FridayApr 05, 2019 11:09 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Reveals Impressive Revenue Growth in Unaudited Revenue Estimate of FY2018

The company estimated unaudited revenue of $8.4 million for the fiscal period ended December 31, 2018 The figure represents a 684 percent increase over FY2017 revenues Plus Products was ranked as the number one edibles brand in California during the third quarter of 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a leading edibles manufacturer with sales exclusively in California, recently provided its unaudited revenue estimate for the fiscal period ended December 31, 2018. This revenue estimate indicates that the company witnessed impressive growth during the 12-month period (http://cnw.fm/MzD5A). The company estimates that its unaudited revenue for the period totaled…

FridayApr 05, 2019 9:27 am

This Week in Cannabis: FDA Schedules a Public Hearing for Cannabis Policy

The cannabis news and updates never seem to slow down with so much happening. News highlights from this week include a big FDA announcement, Guam making a splash, Oregon voting to export, and more! Below is Green Flower's recap of all the big happenings from this week: FDA schedules a public hearing for cannabis What happened: This week FDA Commissioner Scott Gottlieb issued a statement regarding cannabis policy. In the statement, Gottlieb announced that a hearing is scheduled for May 31 to let people 'provide the FDA with additional input relevant to the agency's regulatory strategy' regarding cannabis and CBD. Why it matters:…

FridayApr 05, 2019 4:20 am

420 with CNW – Ireland Finally Selects a Medical Marijuana Supplier

The Irish government has revealed that it has finally identified and issued an import license to a Danish medical cannabis firm. The license was reportedly issued back in January. Slightly more than two years ago, Simon Harris, the Irish Health Minister, announced that Ireland would create a medical cannabis program for its patients who couldn’t be helped by the existing conventional treatments for their health conditions. However, little seemed to happen from the time that announcement was made. The revelation that a medical marijuana supplier had been found and licensed is therefore welcome news to the medical cannabis advocates in…

ThursdayApr 04, 2019 4:20 pm

420 with CNW – US Marijuana Producers Opt to Certify Products Kosher (Since They Can’t Get Federal Organic Certification)

As the cannabis market matures in different jurisdictions within the U.S., producers are fine-tuning their products in order to make those products more appealing to different segments of the market. One of the ways to target a niche market is by having your product certified as organic. However, such food classifications are controlled at the federal level in the U.S. and since marijuana is still illegal at the federal level, no marijuana product can be federally certified as organic. So, what have marijuana producers decided to do? Several certification bodies have taken root in different states. The most respected certification…

ThursdayApr 04, 2019 12:25 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Builds Monetization with HelloMD Delivery Agreement

Wildflower Brands is advancing its goal of becoming a global health and wellness leader by inking a delivery fulfillment agreement with nationally prominent cannabis educator HelloMD Wildflower has been investing in building its cannabis licenses, products and services in California, as well as in online outlets and throughout the United States The company’s online store sales have grown more than 300 percent since January 2018, with yearly revenues topping $1 million Plant-based health and wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) recently announced a delivery fulfillment agreement with medical cannabis education outlet HelloMD, expanding the monetization of…

ThursdayApr 04, 2019 11:08 am

Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Lands CBD Supply Contract Worth $11 Million

Youngevity International is a multi-faceted lifestyle company that is rapidly increasing its hemp-based cannabidiol oil production for varied industries Youngevity subsidiary Khrysos Global has inked a contract to provide 50 percent of its capacity for 99 percent pure cannabidiol oil, with additional contracts anticipated Cannabidiol-infused beverages are gaining traction in the emerging cannabis industry, with anticipated revenue potential between $900 million and $4.4 billion by 2024 Youngevity’s HempFX and CLR Roasters brands will begin selling cannabidiol-infused coffees next month, and the company is working on another cannabidiol drink under an agreement with Icelandic Glacial bottled water Multi-faceted and flexibly-oriented lifestyle…

ThursdayApr 04, 2019 10:29 am

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Set to Release Q4 2018 Results via Conference Call, Webcast

Conference call and webcast set to begin at 5 p.m. ET on Thursday, April 4 A Q&A session will follow the event, providing a more in-depth analysis of the results A replay of the call will be available for two weeks, while the webcast will be uploaded to the company’s website Canadian licensed producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) is releasing its fourth quarter 2018 results on Thursday, April 4, 2019, as the company announced in a press release (http://cnw.fm/Q1QOx). The results will be released via a conference call and webcast after the close of…