NewsRoom Articles - Page 470 of 596

ThursdayFeb 14, 2019 11:39 am

Growth Plans for The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Include Harvesting, Selling Premium Cannabis Seeds and Clones

Production of more than 3.2 million high-quality cannabis clones is expected once initial cultivation facility is complete Global cannabis market projected to reach nearly $155 billion by 2025 Expanded sales license from Health Canada received, permitting sale of genetic material The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer of premium cannabis products, plans to expand its product line by selling a selection of its premium, high-quality cannabis in clone and seed form to customers both at home and abroad. Company Co-CEO Tom Flow announced the venture in a news release that highlights Flowr’s emphasis on growing only…

ThursdayFeb 14, 2019 9:00 am

Vertical Integration Offers Profit Potential within Growing Cannabis Industry

CannabisNewsWire Editorial Coverage: As the cannabis industry continues its impressive growth, acquisitions are leading to greater vertical integration. Companies within the cannabis sector are acquiring other organizations to benefit from valuable specialist knowledge and skills. Such deals allow vertically integrated value chains, as have also been applied in industries such as coffee production. This comes amid wider growth in the sector, which is drawing substantial outside investment. Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is following the vertically integrated model, having recently acquired a company specializing in cannabis processing machinery. Tilray Inc. (NASDAQ: TLRY) is expanding its Canadian production facilities…

ThursdayFeb 14, 2019 4:20 am

420 with CNW – Consolidation Starts Taking Shape in the US Cannabis Industry

Like any emerging industry, the cannabis industry has reached that time when consolidation starts taking place. Several reasons have made such a step inevitable. First, way too many businesses rush to get licences in each state that legalizes recreational or medical marijuana. Not all those businesses that open are likely to succeed, so it is only logical that the ones not doing well get gobbled up by those that are having a better run in the market. Secondly, too many companies in a restricted marketplace trigger a rush to the bottom. The different pricing models adopted to get an edge…

WednesdayFeb 13, 2019 4:20 pm

420 with CNW – North Dakota Considers Amendments to Improve Access to Medical Marijuana

As North Dakota inches closer to making medical marijuana available to residents, a number of proposals have been brought before the legislature in order to make it easier for patients to access the drug once it becomes available. One of the most important proposals being considered seeks to include physician assistants among the medical professionals that can certify patients who need medical marijuana cards. The current law only permits advanced practice nurses and physicians to certify patients. Adding physician assistants to this list would give patients a wider scope of professionals that they can contact for a recommendation. Another major…

WednesdayFeb 13, 2019 2:37 pm

6 Things That All Cannabis Entrepreneurs Should Know

If you are an aspiring or current cannabis entrepreneur there are many things that you need to know. Some of those things are very specific to the area of cannabis, while other things are generally applicable to everyone. Below are a handful of things that all cannabis entrepreneurs, from the aspiring to the extremely successful, need to always be mindful of. #1) You are a part of history and under the microscope Cannabis is clearly the most popular and intriguing thing on the planet right now. People have always consumed cannabis, but in recent years cannabis has gone mainstream. The…

WednesdayFeb 13, 2019 11:06 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) to Execute Clinical Studies on Oral Forms of Nicotine Delivery Using DehydraTECH

LXRP’s DehydraTECH research funded by a partner that will provide $1 million, with an option for millions more LXRP subsidiary Lexaria Nicotine LLC recently entered a definitive investment agreement to receive R&D funding in exchange for equity and licensing rights In exchange, partner received minority equity interest in the subsidiary Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) will conduct a comprehensive series of clinical studies on oral forms of nicotine delivery utilizing its DehydraTECH absorption platform. Under an investment agreement by its wholly owned subsidiary, Lexaria Nicotine LLC, a partner will provide $1 million toward research on nicotine consumer products…

WednesdayFeb 13, 2019 10:40 am

Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8) Joins Global Energy Efficiency Marketplace with Smartmax Smart Technology Offering

Smartmax offers customers the best in energy efficiency technology and is designed to lower energy costs and increase savings The company was recently named the seventh-fastest growing startup in Canada by Canadian Business and Maclean’s Kontrol has partnered with licensed producers in the cannabis industry to provide assistance with energy efficiency Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector, has joined the global marketplace with its latest Internet of Things (“IoT”) technology, aptly named Smartmax Energy Gateway. This intuitive technology will allow Kontrol Energy to meet demands for commercial, multi-residential and hospitality…

WednesdayFeb 13, 2019 10:04 am

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Doubles Down on Growing Capacity, Hires North America’s First PhD in Cannabis Plant Science

Kelowna 1 facility on track to complete total of 20 grow rooms by end of Q3 2019 Canada-wide shortage of premium adult-use cannabis products underscores need for immediate expansion Multiyear deal to supply medical cannabis for Shoppers Drug Mart will provide Canadian patients with highest quality medicinal cannabis Worldwide consumer cannabis spending expected to accelerate to nearly $17 billion at a CAGR of 38 percent in 2019, reaching $31.3 billion in 2022 Canadian cannabis product manufacturer The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) is riding a bright green wave as the cannabis industry continues to make history in Canada and…

WednesdayFeb 13, 2019 4:20 am

420 with CNW – Marijuana Linked to Higher Sperm Concentrations

New research has revealed that men who smoke or have ever smoked cannabis have a higher concentration of sperm when compared to those who have never smoked marijuana. This study was conducted at Massachusetts General Hospital. The team of researchers, led by a group based at Harvard Chan School of Public Health, based their work on a hypothesis that smoking marijuana would have an adverse effect (poor quality sperm) on the reproductive health of men. They selected that hypothesis because some previous research seemed to suggest that smoking marijuana was detrimental to male reproductive health. However, those previous studies may…

TuesdayFeb 12, 2019 4:20 pm

420 with CNW – First Marijuana Hearing Scheduled in Congress

In the past, all the bills and measures related to cannabis have been voted out by a Congress that was dominated by Republicans. Now the Democrats have control of the House, and the first hearing on cannabis has been scheduled for tomorrow (February 13). This particular hearing is slated to consider making legal changes to federal laws so that cannabis businesses can access banking services. The hearing is titled “Challenges and Solutions: Access to Banking Services for Cannabis-Related Businesses.” This hearing is intended to address the problems that legitimate marijuana-related businesses face when trying to access banking services. For example,…