NewsRoom Articles - Page 468 of 596

ThursdayFeb 21, 2019 4:20 am

420 with CNW – New York City Legislators Consider Banning Pre-Employment Cannabis Tests

New York Governor Andrew Cuomo has outlined his plan to legalize recreational marijuana and this has put New York in pole position to become the 11th state where adult-use cannabis is legal. This development has prompted some lawmakers in New York City to draft a bill that seeks to ban employers from conducting marijuana drugs tests before hiring an employee. Councilman Jumaane D. Williams is the NYC lawmaker who has filed a draft law that will stop marijuana tests from being part of the hiring process in the city. Councilman Williams feels that the legislators and the city should be…

WednesdayFeb 20, 2019 4:20 pm

420 with CNW – Fewer Teens Used Pot after Medical Marijuana Legalization, Study Finds

It was always feared that teen pot use would go through the roof as more states legalized marijuana either for medical or recreational use. However, a recent study has found that the contrary is happening as fewer teens reported using marijuana in the states where medical cannabis is legal. The researchers found that the states where medical cannabis is legal had 1.1 percent fewer teens taking pot when compared to the states where no medical cannabis laws exist. While that overall statistic looks small, the figures take on greater importance when one examines the data for various groups of teens.…

WednesdayFeb 20, 2019 11:22 am

Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Testing Innovative Products for Pain Relief Solutions

The 1980s gave birth to the notion that opioids could be widely prescribed as non-addictive and quality-of-life enhancing drugs Therma Bright is testing its trademarked infrared heat therapy with cannabidiol to combat general and chronic pain The company is also making strides in testing a way to combat mosquito-borne viruses Media attention to the so-called “opioid crisis” has sparked a new confluence of research and policy as medical professionals reevaluate existing prescriber practices for pain medications, advocates drive social change in drug use perspectives and politicians ponder best legislative practices for a wide variety of constituents. As non-addictive cannabidiol (“CBD”)…

WednesdayFeb 20, 2019 10:58 am

Cannabis Strategic Ventures Inc. (NUGS) Adding Northern California Cultivation Site to Portfolio

Company’s expanding portfolio includes new cultivation ventures with Southern California partnership and six-acre Northern California NUGS Farm Cannabis industry revenues expected to reach $80 billion in a decade as a result of current elevated interest among adults Cannabis Strategic Ventures has filed application to uplist to the OTCQB Venture Market as part of its 2019 growth strategy Los Angeles-based Cannabis Strategic Ventures Inc. (OTC: NUGS) is preparing to launch a canopy cultivation site in Northern California to sustain its brand and build options for its subsidiaries as it seeks to trade on the OTCQB Venture Market. The company began the…

WednesdayFeb 20, 2019 10:16 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Readies Expansion of Unique ‘Simple Kit’

Acquisition of Goodfellas Group LLC includes innovative, user-friendly cannabis package “Simple Kit” to help first-time users achieve a positive experience Company is creating a distribution network throughout California to serve the state’s $8.6 billion cannabis industry Recently closed an IPO funding share sale to bring in aggregate gross proceeds of C$2.2 million U.S. legal cannabis industry projected to reach $23.4 billion in consumer spending in 2022, growing at a 22 percent CAGR from 2017-2022 TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8), which specializes in supporting clients involved in nearly every aspect of the cannabis-related eco-system, is adding another strategic layer…

WednesdayFeb 20, 2019 9:45 am

Green Hygienics Holdings Inc. (GRYN) Innovating with Technology to Bring Premier Cannabis Products to Market

Green Hygienics’ focus is on supplying medical and recreational consumers with exceptional cannabis products The company is initially targeting the multi-billion dollar California cannabis market Green Hygienics has a number of first-class brands and pioneering grow technology Based in Las Vegas, Nevada, Green Hygienics Holdings Inc. (OTCQB: GRYN) is setting itself up as a leader in the advancement of science-driven cannabis cultivation systems. A full-scope, premium cannabis cultivation business, it is targeting the high-end medical and adult-use recreational cannabis markets. Green Hygienics is working to expand its portfolio of brands, initially across the U.S. and then worldwide. The company’s focus…

WednesdayFeb 20, 2019 9:00 am

More Mergers Expected as Cannabis Sector Heads into New Year of Growth

CannabisNewsWire Editorial Coverage: Several years of impressive growth are expected to continue in the cannabis sector in 2019, and companies are making the most of it through mergers and acquisitions. The cannabis industry has seen growth in acquisitions over the past two years. A large part of this comes from the emergence of the hemp/CBD market. Industry commentators expect these trends to continue. SinglePoint Inc. (OTCQB: SING) (SING Profile) is tapping into this exciting potential through a strategy of well-financed acquisitions and investment in other cannabis companies. PotNetwork Holdings Inc. (OTC: POTN) has built up a series of subsidiaries and…

WednesdayFeb 20, 2019 4:20 am

420 with CNW – Judge Faults Walmart in Arizona Medical Cannabis Case

A federal judge in Arizona has faulted Walmart for dismissing an employee who tested positive for cannabis even after that employee informed her employer that she had a valid medical marijuana card issued by the state. It all started when Carol Whitmire sustained an injury while doing her work in one of Walmart’s stores in May 2016. Whitmire, who had worked with the same company for eight years, was immediately rushed to receive medical care after the accident. Blood and urine samples were also taken for analysis as part of Walmart’s policy. Whitmire informed the HR department about her status…

TuesdayFeb 19, 2019 4:20 pm

420 with CNW – Demand Soars as UK Customers Fear CBD Drinks Ban

The Food Standards Agency (FSA) in the UK has triggered panic buying after it announced that CBD drinks fall under the “novel” products category as stipulated by the EU. This classification means that such “novel” products can only be available for sale after being tested and approved. 2018 saw an explosion of CBD-based products on the UK market. These included CBD chocolates, sweets, cakes and even pet products. All these products hit the market amidst a rise in the popularity of CBD. However, January saw the FSA vowing to exert more control over CBD products on the market. It called…

TuesdayFeb 19, 2019 11:23 am

Leadership Changes to Help Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Become a Leading Cannabis Formulation Company

Early December 2018, Sproutly announced that Bryan Semkuley would be joining the company as new president Previously, former Pernod executive Constantine Constandis joined the advisory board, and seasoned beverage executive Michael Bellas joined the board of directors Sproutly plans to solidify its leading position through commercial cultivation, the establishment of new channel relationships and innovative product development An expansion of its leadership team is one of the steps that Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) has undertaken to solidify its top position as a cannabis beverage formulation company. In December 2018, Sproutly announced that Bryan Semkuley would…