NewsRoom Articles - Page 472 of 596

FridayFeb 08, 2019 4:20 am

420 with CNW – Florida Judge Rules that Cap on Dispensaries is Unconstitutional

A Circuit Court Judge, Karen Gievers, has ruled that the state and the health department in Florida violated the constitution when they imposed a cap on the number of dispensaries that a licensed business could open within the state. Trulieve sued the state and asked court to strike down the cap on dispensaries that had been imposed limiting each business to a maximum of 30 outlets. Initially, the cap was at 25 but it was raised to 30. The plaintiff successfully argued that patients could get better access to medical marijuana treatment centers at an affordable cost if more dispensaries…

ThursdayFeb 07, 2019 4:20 pm

420 with CNW – Baby Boomers are a Growing Cannabis Market

Statistics have it that baby boomers are a rapidly growing market segment in the cannabis industry, and any firm looking to get a foothold in this industry needs to pay attention to this demographic. Why This Group Matters First, baby boomers are no longer taking care of kids, and many are approaching retirement. This means that this group has accumulated some resources and they have disposable income that they can spend on cannabis. Who wouldn’t want a potential client that has money to spend? Secondly, cannabis isn’t an altogether new substance to these people. Many of them sampled the product…

ThursdayFeb 07, 2019 11:39 am

This Week in Cannabis: International Cannabis Rescheduling on the Horizon?

The week in cannabis has been an eventful one – on a global level. Below is a recap of news that the Green Flower team is following. World Health Organization recommends rescheduling cannabis What happened: The World Health Organization recommended this week that cannabis be rescheduled at the international level. Cannabis is currently scheduled as a Schedule IV substance at the international level – the most restrictive level (not to be confused with Schedule I in the United States). Why it matters: The recommendation by the World Health Organization is a really, really big deal. If the recommendation is followed, it would pave…

ThursdayFeb 07, 2019 11:29 am

Earth Science Tech Inc. (ETST) Displays Medical Device at Premier Medical Trade Fair in Dubai

President of ETST’s partner for the manufacturing of Hygee attended fair with Quebec delegation Launch of Hygee, which tests women for sexually transmitted infections, is expected in first half of this year ETST recently launched an international marketing campaign for the device Earth Science Tech Inc. (OTCQB: ETST), a biotech company that markets and develops hemp cannabinoid products, plans to introduce its Hygee medical testing kit in the first half of this year. As part of that strategy, the company showed Hygee at Arab Health 2019, the largest annual medical trade fair in the Middle East and North Africa (“MENA”)…

ThursdayFeb 07, 2019 4:20 am

420 with CNW – Why the US is Unlikely to Legalize Cannabis in 2019

The year of 2018 registered some major wins for marijuana (Canada legalized recreational cannabis, the FDA made history by approving a cannabis-derived drug, more states legalized marijuana, public opinion is at an all-time high in favor of legalization, etc.), and that has led many cannabis advocates to expect 2019 to bring even better news along the lines of the U.S. federal government legalizing marijuana. However, this is unlikely to happen this year for a number of reasons. The Senate isn’t Warm to Marijuana While Congress is now dominated by Democrats (and Democrats have a history of being friendly to cannabis…

WednesdayFeb 06, 2019 4:20 pm

420 with CNW – Canadian Marijuana Producer Uses Fish in a Unique Way

As the cannabis industry matures, a number of innovations have been introduced in order to optimize marijuana grow operations. A Canadian producer is using fish to reduce how much water the marijuana grow uses while getting a better yield compared to conventional growing methods. Green Relief Inc., based in Ontario, is using underground aquaponics to grow cannabis and raise freshwater fish as well. This one-of-a-kind method has enabled the cannabis producer to reduce their water consumption by up to 90 percent while increasing marijuana harvests by 20 percent. In this cutting-edge system, the cannabis plants clean the water in which…

WednesdayFeb 06, 2019 12:02 pm

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) to Sell Unsecured Convertible Note Units for up to C$20 Million on Private Placement Basis

The company has entered into an agreement with a syndicate of agents that will be engaged in the private placement sale; the syndicate is led by Canaccord Genuity Corp. A single unit is comprised of one C$1,000 unsecured note that accrues annual interest and 77 common share purchase warrants of Plus Products The proceeds will be used for working capital and other corporate purposes Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a leading branded products manufacturer, recently announced that it has entered into an agreement with a syndicate of agents concerning the private placement of unsecured convertible note units, according…

WednesdayFeb 06, 2019 10:59 am

Cannabis Strategic Ventures Inc. (NUGS) Enters Trillion-Dollar Market and Prepares Cultivation Sites from San Francisco to Los Angeles

NUGS to benefit from approximately 40 commercial cannabis licenses throughout California Company signed letter of intent to partner with a Santa Barbara County grow operation with cultivation sites that are expected to be a critical component of each brand's supply chain Drive 400 miles from San Francisco to Los Angeles anytime soon, and you may be passing through Cannabis Strategic Ventures Inc. (OTC: NUGS) land. The Golden State incubator and brand builder is set to benefit from a large batch of licenses awarded in cannabis-friendly communities along the stretch. Recently, NUGS announced that it had signed a letter of intent…

WednesdayFeb 06, 2019 10:52 am

Why Cannabis Is Life-Changing For Inflammation

If recent research is any indication, chronic inflammation may just be the single most important risk factor for determining whether or not you’ll live a lifetime plagued by disease. Over the last two decades, “inflammation” has become a serious buzzword among health and wellness professionals. Why? Not only is chronic inflammation associated with a host of very serious and deadly diseases, but new studies have found that unnecessary inflammation plays a part in many common day-to-day ailments that lower quality of life and contribute to pain, illness, and suffering. In fact, inflammation is thought to be a culprit in everything…

WednesdayFeb 06, 2019 4:20 am

420 with CNW – Cannabis should be Reclassified Internationally, Says World Health Organization Committee

According to a leaked letter written by the World Health Organization’s Director General (Tedros Adhanom Ghebreyesus) to the UN Secretary-General, marijuana should be rescheduled from the most restrictive categories to less strict categories in all international treaties. The recommendations in this letter were scheduled to be released publicly last year in December but this didn’t happen for unknown reasons. According to the recommendations of the expert committee that studied the matter, whole-plant marijuana and marijuana resin should be removed from schedule IV (the most restrictive category) and left in schedule I. The World health Organization also wants to be categorical…