NewsRoom Articles - Page 475 of 542

MondayJul 16, 2018 11:24 am

Change in Legal Status Likely to Drive Unprecedented Growth in Hemp Industry

Highly anticipated legislation to provide legal status for hemp Hemp and cannabis industries forecast to reach $22.6 billion by 2021 Decisions made with eye toward expansion set to bring companies unprecedented growth Following the passage of the 2018 Farm Bill in Congress, a conference committee has now been charged with finalizing the bill, which must be completed before the current legislation expires on September 30 (http://cnw.fm/v1cRA). Part of the thousand-plus-page bill includes the Hemp Farming Act, a top priority of Senate Majority Leader Mitch McConnell from Kentucky, a state that hopes to see significant economic benefits from growing the plant. In…

FridayJul 13, 2018 12:43 pm

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) to Spinoff Canadian Assets to Unlock Underlying Value

New Canadian assets to be listed on the Toronto Stock Exchange and Nasdaq Sunniva’s U.S. assets to remain listed on the Canadian Securities Exchange (CSE) under the ticker symbol ‘SNN’ Two-year contract signed with industry leading Canopy Growth Corp. for 45 percent of production at Sunniva Canada Campus in British Columbia Sunniva anticipates launching its first line of Sunniva-branded products in the U.S. in Q3 2018 Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis company headquartered in Vancouver, Canada, and operating in the world’s two largest cannabis markets – Canada and California – is reaping positive attention with the…

FridayJul 13, 2018 11:46 am

Cannabis Testing Leader EVIO Inc. (EVIO) Marks Notable Milestones in California, Oregon and Canada

EVIO has completed its acquisition of the award-winning MRX Labs in Oregon The company signed a five-year lease agreement for a facility in the cannabis cultivation hotbed of Palm Desert, California EVIO has announced the filing and receipt of its preliminary non-offering prospectus with the Ontario Securities Commission in Canada It’s been a busy summer for leading North American cannabis testing and scientific research provider EVIO Inc. (OTCQB: EVIO), which specializes in providing state-mandated ancillary services to ensure the quality and safety of America’s cannabis supply. The company recently acquired an award-winning testing lab in Oregon, has expanded its California…

ThursdayJul 12, 2018 1:39 pm

Medical Cannabis Payment Solutions (REFG) Eyes State-Sanctioned CBD Extraction as Important ‘Emerging Market’ for the Company

REFG has focused its cannabis activities on seeking state licenses in Utah and Vermont to grow industrial hemp; earlier, it acquired SpeedyGrow, which is licensed to grow in Colorado Vermont is third state where REFG will seek a state license to grow industrial hemp; it acquired 40 acres in Utah and plans to buy land in Vermont, where it anticipates 2019 harvest REFG offers online signup for Green, its FinCEN-compliant integrated gateway that creates a comprehensive virtual banking environment for licensed cannabis providers Medical Cannabis Payment Solutions (OTC: REFG) has expanded its focus on the cannabis industry and is planning…

ThursdayJul 12, 2018 12:43 pm

Marijuana Company of America Inc. (MCOA) Developing a Vertically Integrated Hemp-Based Enterprise

Three-pronged approach to collaborative agricultural study begins on 125-acre industrial hemp project in New Brunswick, Canada MCOA’s affiliate marketing program implemented to promote and sell its hempSMART CBD-infused consumer products High quality, hemp-derived cannabidiol (CBD)-based consumer products fighting impact of dangerous, synthetic fakes Marijuana Company of America Inc. (OTC: MCOA) and its joint venture partner, Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG), are developing a vertically integrated industrial hemp enterprise by now gaining traction within the farming industry. The partners recently completed planting of industrial hemp on 125 acres at the New Brunswick hemp project located in…

ThursdayJul 12, 2018 11:20 am

ChineseInvestors.com, Inc. (CIIX) Developing Bitcoin ATM Network in California with Plans to Rollout Machines in Chinese Markets across US

California has 356 bitcoin ATMs/tellers, with Los Angeles having the most machines of any city in the U.S. at 257 CIIX anticipates higher margins with its own bitcoin ATM network Company is already mining for cryptocurrency with ASIC machines and AntMiners at a data center near Seattle Company is currently planning its own ICO in second half of 2018 or 2019 ChineseInvestors.com, Inc. (OTCQB: CIIX) is planning to launch its own network of bitcoin ATMs in California and eventually expand it to Chinese-speaking audiences across the U.S. One goal is to achieve higher margins with its own network. It is…

WednesdayJul 11, 2018 12:46 pm

Medical Cannabis Payment Solutions (REFG) to Offer Mobile Hemp CBD Extraction Labs

Company is partnering with Paper Lantern, LLC to deploy the nation’s largest mobile hemp CBD processing service Strategic growth offered in the hemp and cannabis industries through diversified services Green cashless payment solution platform remains at the core of REFG’s services Medical Cannabis Payment Solutions (OTC: REFG), a company specializing in state-of-the-art financial services for the medical cannabis and banking industries, recently announced an agreement with a subsidiary of Paper Lantern, LLC that will result in the nation’s largest mobile hemp CBD processing service. The partnership leverages Paper Lantern’s technologies while expanding access to its business pipeline (http://cnw.fm/zYQ9f). These groundbreaking…

WednesdayJul 11, 2018 10:47 am

Earth Science Tech, Inc. (ETST) Selects Hygee Name for MSN-2 Home Medical Testing Kit, Sets Prelaunch Clinical Study in Quebec

Earth Science Tech anticipates registration of the trademark for the product will be approved within 10 months Company is conducting a pre-launch clinical study of the product in Quebec, Canada, with Clinique Santé Amitié Line of full-spectrum cannabinoid chocolates extended with three new raw dark chocolate products formulated with joint venture partner Karmavore Superfoods Earth Science Tech, Inc. (OTC: ETST) has named its MSN-2 home testing medical kit for women ‘Hygee’, the French name of the Goddess of Health and the word for ‘hygiene’ in Greek mythology. The kit, to be marketed worldwide, is designed for the detection of sexually…

TuesdayJul 10, 2018 9:00 am

Cannabidiol Market Anticipates Growth as Regulatory Change Looms in U.S.

CannabisNewsWire Editorial Coverage: Restrictions in the United States on cannabidiol (CBD), an active ingredient in cannabis, appear likely to loosen over the next few months, creating opportunities for CBD production and distribution companies. CBD is an active ingredient with medical benefits but no “high”, or pyshcoactive effects. The Food and Drug Administration (FDA) has approved a CBD-based medicine for the first time. Companies are cultivating hemp to develop high yielding CBD plants. Marijuana Company of America, Inc. (OTC: MCOA) (MCOA Profile) is cultivating industrial hemp for CBD propagation at sites in the United States and Canada while continuting to develop…

MondayJul 09, 2018 1:33 pm

GreenBox POS, LLC (GRBX) Unleashes the Power of Blockchain Payment and E-Wallet Technology

Global point-of-sale terminals market expected to reach $116 billion by 2025 with a CAGR of 9.9 percent Mobile point-of-sale systems projected to register a higher growth rate, with specialized software helping to reduce operational cost to retailers Mobile payment app QuickCard provides instant, secure, cash-free e-wallet payments, while the QuickCard KIOSK accepts cash, debit/credit card or ACH directly to most banks. QuickCard is built upon blockchain technology, providing security, privacy and reliability Hardware and software technology company GreenBox POS, LLC (OTCQB: GRBX) is embracing the future of a near cashless society with its flagship product, QuickCard, the company’s latest blockchain…

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