NewsRoom Articles - Page 475 of 587

MondayJan 07, 2019 12:32 pm

Icon Exploration Inc. (TSX.V: IEX.H) Set to Capture High Margins with Vertical Integration Strategy in Canadian Cannabis

Canadian cannabis market set for CAGR of 77.9 percent to 2021 Icon’s Vertical integration strategy could capture high margins Company will have operations in cultivation, extraction and retail The legalization of recreational cannabis in Canada has made analysts project rapid growth for the industry. Spending on adult-use marijuana (http://cnw.fm/4wY7O) is “estimated to reach over $3 billion in 2021, driving a CAGR of 77.9 percent from 2018-2021.” Eventually, Canada’s legal cannabis market will likely be comparable in size to the hard liquor or wine market. Growing organically, some sectors will be profitable (others, perhaps, less so), but telling which may not be so…

MondayJan 07, 2019 12:05 pm

Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Building Cannabis-Infused Beverage Solutions with Leadership Depth

Consumer reports show growing tendency to reject smoke-inhaled substances such as cigarettes Sproutly Canada’s solution provides truly water-soluble cannabis product that mimics rapid onset, offset of smoked drug Cannabis-infused beverage market potential forecast between $900 million and $4.4 billion by 2024 As savvy cannabis investors look toward the market potential of the beverage-ization of their natural plant products, suppliers such as Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) are strengthening their operations by adding more experienced executives, building their distribution networks and increasing their output capabilities. Sproutly Canada is focused on cultivating pharmaceutical-grade cannabis for the backbone of…

MondayJan 07, 2019 4:20 am

420 with CNW – Want to Make Money in 2019? Think About These 3 Cannabis Trends

As the year comes to an end, many investors are evaluating their portfolios and are planning how to reallocate funds from losing investments to other avenues where the earning potential is higher. If you plan to make money from the cannabis industry, read on and discover the three trends that you can consider as you make your 2019 investment allocations. Think Small Seasoned investors know that the worst time to acquire interests in an entity is when the price is at its peak, because that means that a market correction will soon happen and latecomers will lose out. Similarly, people…

FridayJan 04, 2019 4:20 pm

420 with CNW – The Shameful Cannabis Irony: Everyone, Except Scientists, Can Easily Access Marijuana

The difference between U.S. federal marijuana laws and the legal framework in many states around the country has created an ironical situation in which everyone can easily access marijuana in state-legal and states where cannabis is still illegal, but scientists who desperately need high-quality cannabis for research purposes cannot get it. This situation is very frustrating for the scientists because they know that the private sector in states where cannabis is legal has made available cannabis of very high quality, but scientists can’t lay a finger on it due to federal restrictions. Instead, the scientists are made to jump through…

FridayJan 04, 2019 12:48 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Finishes 2018 on a Strong Note, New Developments Announced

Redfund Capital’s 2018 portfolio consists of five companies; a total of 11 companies are in the pipeline at various due diligence stages New partnership was announced at the end of November for the purpose of developing water-soluble cannabis technologies During 2019, Redfund intends to maintain its CBD industry focus The year of 2018 featured a number of important developments for Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4), the first medical cannabis incubator and accelerator financing medical cannabis, CBD and hemp companies through a debt facility. At the end of November, the company announced a key partnership with Cannabis…

FridayJan 04, 2019 12:30 pm

ChineseInvestors.com, Inc. (CIIX) Engages Boustead Securities, LLC for Planned IPO of CBD Biotech

Company has retained Boustead Securities for underwriting of the planned IPO for wholly owned foreign enterprise CBD Biotech CIIX is taking necessary steps to support the growth strategy currently in place for CBD Biotech With the finalized spinoff of CBD Biotech, CIIX will look to refocus on its original mission ChineseInvestors.com, Inc. (OTCQB: CIIX), a leading financial news media and content platform serving the global Chinese-speaking community, recently announced (http://cnw.fm/hu1AA) that it has retained Boustead Securities, LLC for the underwriting of the planned initial public offering (IPO) of its wholly owned foreign enterprise, CBD Biotech Co. Ltd. According to Warren Wang, founder,…

FridayJan 04, 2019 11:39 am

Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) Sees Opportunity in Applying Novel Skin Remedies to Health Concerns

Therma Bright’s thermal, dermatological technologies finding value in responding to array of concerns, from pain to pandemics Wider cosmeceutical industry expected to grow at CAGR of 8.21 percent between 2017 and 2023 Therma Bright’s niche focus is in strengthening skin defenses through non-invasive infrared energy and cannabidiol properties Skin health is a critical component of a person’s overall wellness, and the researchers at Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) are making dermatological defenses the first line of resistance against a variety of medical concerns ranging from pain to pandemics. The medical device developer has been an innovator in the…

FridayJan 04, 2019 11:14 am

Icon Exploration Inc. (TSX.V: IEX.H) Building Presence in Booming Cannabis Space

Cannabis researchers predict that global sales of the plant will reach $32 billion by 2022 Canada’s recent nationwide legalization of adult uses of cannabis is fueling a spike in labor force opportunities, including a 266 percent increase in cannabis jobs Icon Exploration’s agreement with City View Green (CVG) is sowing the seeds of growth as the Canadian cannabis license applicant prepares a 40,000-square-foot cultivation facility New job and wage statistics released just shy of Canada’s two-month anniversary for full-use cannabis legalization underscore the strength of the ‘weed’ industry, as well as the market potential of companies such as Icon Exploration…

FridayJan 04, 2019 4:20 am

420 with CNW – Marijuana Law Changes in Mexico and Canada May Finally Change Texas Attitudes

The legalization of marijuana in Canada, and the impending legal change to marijuana laws in Mexico now leaves Texas isolated as the only jurisdiction in that area where cannabis isn’t legal. This “engulfment” is likely to generate sufficient pressure to cause a change in Texas sooner rather than later. Already, public opinion in the state has shifted in favor of lesser punishment for those found in possession of small amounts of cannabis. Moreover, Kim Ogg, the Harris County District Attorney, entered office in 2017 and started a new program in which small-time cannabis offenders would avoid jail time and a…

ThursdayJan 03, 2019 4:20 pm

420 with CNW – Cannabis is More Potent than it was a Decade Ago, Study Finds

Researchers who collected and analyzed data taken from at least 28 European countries have discovered that the potency and price of cannabis has increased significantly over the last decade. The researchers from King’s College London and University of Bath found that the strength of cannabis has doubled from what it was 11 years ago. The data used in this study was taken from the data collected by the European Monitoring Centre for Drugs and Drug Addiction. The researchers looked at cannabis from two perspectives or categories. One was herbal cannabis and the other was resin cannabis. The concentration of THC…

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