NewsRoom Articles - Page 459 of 541

WednesdayOct 03, 2018 4:20 pm

420 with CNW – Seattle Court Agrees to Vacate Marijuana Misdemeanor Convictions

All the seven judges of the Seattle Municipal Court have agreed to vacate all the convictions for marijuana possession dating back to 1996 when cannabis had not yet been decriminalized. The judges also made a decision to dismiss all cannabis possession charges against anyone who was being prosecuted within the jurisdiction. This decision is the culmination of a process that started in February when Peter Holmes, the City Attorney, filed a motion calling on the court to take this historic action. He said that step was needed to right the wrongs committed against people of color, especially African Americans, who…

WednesdayOct 03, 2018 12:36 pm

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Partners with Asterion Cannabis to Develop Organic Cannabinoid Products

PreveCeutical Medical Inc. enters into a joint venture agreement with Asterion Cannabis Inc. to develop several nature-based cannabinoid products; the products will help the company respond to the demands for personalized and effective cannabis therapies The development agreement will see Asterion inject funds at cost, while PreveCeutical will contribute by way of opening its research resources, including personnel for use in the project The percentage ownership of intellectual and product rights from the agreement will be shared between Asterion and PreveCeutical in the ratio of 80 percent to 20 percent Since the agreement involves related parties including current and former…

WednesdayOct 03, 2018 12:07 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Names Seymour to Advisory Board; Updates Spin-Off Transaction

TGOD cited by The Motley Fool for its alternative products, particularly its focus on cannabis-infused beverages and its possible role as a partner for a brand name producer The company also named high profile American investor and TV personality Tim Seymour to its advisory board; it says Seymour will offer advice on global finance strategies TGOD updated its transaction regarding the spinoff of its wholly owned subsidiary, TGOD Acquisition Corporation (“SpinCo”), and announced a private placement of up to $10 million The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has attained a higher profile by adding well known…

WednesdayOct 03, 2018 10:50 am

Golden Developing Solutions, Inc. (DVLP) is “One to Watch”

Global legal cannabis market on tap to reach USD$146.4 billion by end of 2025 Growing adoption of CBD-related products and medical marijuana expected to propel revenue growth Health and wellness market projected to top USD$171 billion in 2018 Launch of direct-to-consumer website for wholly-owned subsidiary Pura Vida Vitamins offers wide array of CBD products WheresWeed mobile app connects medical and recreational cannabis users with trusted local marijuana businesses in their communities Golden Developing Solutions, Inc. (OTC: DVLP), an emerging leader in ancillary software and the cannabidiol (CBD) products marketplace, provides business services and/or products supporting the cannabis industry including an…

WednesdayOct 03, 2018 9:00 am

Growing Cannabis Sector Sees Surge in Acquisitions

CannabisNewsWire Editorial Coverage: The ongoing growth of the cannabis sector is now driving a surge in acquisitions, as companies compete to control a burgeoning market. The cannabis sector has seen incredible growth, reaching $10 billion this year in the United States alone. This has led to a wave of mergers and acquisitions, as companies strengthen their positions. This pattern is accompanied by expansion into new markets and investment in smaller companies by their larger cousins. Hydroponic supplier Sugarmade, Inc. (OTCQB: SGMD) (SGMD Profile) is in the process of acquiring two hydroponic companies, improving its already strong position as a provider…

WednesdayOct 03, 2018 4:20 am

420 with CNW – Why Legalizing Recreational Cannabis in New Jersey May Be a Game Changer

Medical cannabis has been legal in New Jersey since 2010. However, there are moves to expand the medical marijuana program and also decriminalize recreational pot in the state possibly by the end of this year or early next year. Industry watchers are suggesting that the legalization of recreational cannabis in New Jersey would be a game changer for the entire industry for a number of reasons. First, the long history of cannabis prohibition in the state makes New Jersey one of the places with the largest number of people incarcerated for cannabis-related issues. New Jersey therefore has a big social…

TuesdayOct 02, 2018 4:20 pm

420 with CNW – Calgary Police Officers Barred from Consuming Cannabis Ahead of Legalization

Calgary police officers have been told they aren’t allowed to consume recreational cannabis just weeks before recreational marijuana hits the shelves of retail outlets. The news was communicated in an internal memo circulated to all police officers. The ban excludes members of the police service who cannot be deployed or called to a scene of crime. These include desk officers or those whose work is entirely administrative. The police top brass say this policy decision was taken as a precautionary measure to prevent any workplace safety issues that may arise. It isn’t known for how long someone can remain impaired…

TuesdayOct 02, 2018 10:19 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Launch of Certified Organic Cannabis Brand

The Green Organic Dutchman launched its premier organic cannabis brand on September 12 Studies show that Canadian consumers prefer organic cannabis TGOD’s goal is to become the largest organic cannabis brand in the world Partnership with Aurora Cannabis has resulted in a nearly fivefold return on Aurora’s initial investment thus far Coinciding with Canadian Organic Week, Canada’s biggest annual celebration of organic food, farming and products, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) announced the launch of its premium, certified organic cannabis brand on September 12. This marks a significant step toward TGOD’s goal of becoming the…

TuesdayOct 02, 2018 4:20 am

420 with CNW – Malaysia Considers Legalizing Medical Marijuana

A young man aged 29 was arrested, charged and sentenced to death for being found with a few liters of cannabis oil in Malaysia. Cannabis on all its forms is illegal in this Asian country. However, the uproar about that conviction and sentence has forced the cabinet of that country to have a discussion about decriminalizing marijuana for medical purposes. Muhammad Lukman, the young man in question, had argued in court that the cannabis oil and other products were for helping patients suffering from cancer and other terminal diseases. Change.org drafted a petition calling for Lukman to be freed and…

MondayOct 01, 2018 4:20 pm

420 with CNW – Why Millenials Are Quitting Alcohol in Favor of Marijuana

There is a growing trend of millennials dumping alcohol and opting for marijuana as the wave of decriminalization sweeps across the U.S. and the world. This shift is seen more strongly in the states, such as California, which were among the first to legalize cannabis for either recreational or medical use. Several reasons have been cited to explain the growing popularity of cannabis among millennials. First is the issue of safety. Millennials have grown up being bombarded with messages about the numerous safety risks associated with heavy drinking. For example, the reduction in reaction time as one responds to situations…