NewsRoom Articles - Page 476 of 591

TuesdayJan 15, 2019 9:00 am

Companies Explore Market Potential for Ready-to-Drink CBD Beverages

CannabisNewsWire Editorial Coverage: The market for cannabidiol (CBD) beverages alone could achieve a value of $260 million in the United States by 2022. CBD beverages form part of an even wider market for marijuana-infused drinks that is predicted to reach a value of $600 million in three years’ time. U.S. market for CBD and THC beverages could reach $600 million by 2022. Cannabis-infused drinks could outperform other cannabis products. Non-cannabis and cannabis companies alike are joining this new market. Savvy companies are looking to position themselves in this burgeoning market, often by partnering with companies that provide invaluable experience in…

TuesdayJan 15, 2019 4:20 am

420 with CNW – Liquor Sales Unaffected by Marijuana Legalization, Study Finds

There were fears that the legalization of adult-use marijuana in different U.S. states would trigger a decline in alcohol sales as consumers switch to marijuana instead of taking alcohol. Numerous reasons, such as the hangovers associated with alcohol consumption, were cited as factors that would impact alcohol sales once cannabis was legalized. However, a recent study conducted by the Distilled Spirits Council has found that no such slump in sales has occurred in the three states where recreational cannabis has been legal for the longest time in the U.S. The alcohol trade association reported that the trends in alcohol sales…

MondayJan 14, 2019 4:20 pm

420 with CNW – Three Things Likely to Affect Marijuana Stock Prices

While 2018 can be described as a huge year for marijuana in many ways, 2019 promises to yield even bigger strides for the industry. Investors who are planning to get in on the action this year should pay attention to three important factors that are likely to have an impact on the price of marijuana stocks. This article discusses those factors. Changes to U.S. Marijuana Laws There have been concerted efforts to get the U.S. federal government to modify its marijuana laws. So far, nothing has happened yet. However, the new House of Representatives that started its work at the…

MondayJan 14, 2019 2:43 pm

Here’s How Many People Die from Legal Drugs

The verdict is out: Americans are popping more legal pills than ever before. In the past two decades, the number of drug prescriptions has increased by 85 percent. Yet, in 2013, an estimated 128,000+ prescription drug takers died from adverse drug reactions. This means that prescription drugs almost rival stroke in terms of overall casualties. The irony? We’re taking more "medicine" than ever, but we just keep getting sicker. While humankind has certainly made major strides in treating infectious disease and helping us live longer, rates of debilitating, chronic disease have only increased along with the rise of medications. Legal…

MondayJan 14, 2019 1:01 pm

Golden Developing Solutions, Inc. (DVLP) Furthers Hemp-Related Products Strategy via WheresCBD.com

DVLP offers business services and/or products supporting the cannabis sector The company’s strategy also includes acquisitions of compliant cannabis companies DVLP recently launched WheresCBD.com A development-stage company, Golden Developing Solutions, Inc. (OTC: DVLP) is an emerging leader in ancillary software and the cannabidiol (CBD) products marketplace. The company provides business services and/or products supporting the cannabis industry. These include an online retail business for cannabidiol, hemp oil and health/wellness-related products. DVLP has its corporate office in Austin, Texas. In addition, the company’s strategy includes acquisitions of compliant cannabis companies according to state and federal laws (http://cnw.fm/PuI67), as well as joint ventures.…

MondayJan 14, 2019 12:36 pm

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Set to Turn Shoppers Drug Mart Alliance, High Production Yields into Cannabis Market Magic

Shoppers Drug Mart, Canada’s largest pharmacy chain, will serve as the exclusive direct-to-patient online outlet for Flowr’s premium medical cannabis Flowr previously set a standard with Hawthorne Gardening and Holigen Ltd. partnerships Flowr’s high-yield growth expertise and premium product focus are expected to serve it well during anticipated cannabis supply glut and associated price drop Premium cannabis cultivator The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) and Shoppers Drug Mart, Canada’s largest retail pharmacy chain, recently announced a multi-year deal for Flowr to supply medical cannabis for Shoppers’ new online cannabis store. Shoppers’ e-commerce website will also be the exclusive direct-to-patient online…

SaturdayJan 12, 2019 4:20 am

420 with CNW – The Most Expensive Cannabis Product is Sold in Las Vegas

In true Las Vegas fashion, the record for the most expensive cannabis product ever sold (so far) has gone to a cannabis dispensary where a restaurant owner bought a “cannagar” (a cigar that contains marijuana instead of tobacco) at $11,000. This record-breaking purchase was made by Brandon Hawkins after he flew to Las Vegas from Los Angeles with the sole purpose of buying this specialty product. The scene of this purchase was Nuwu Cannabis Marketplace found on tribal land. The cannagar was wrapped in a 24-carat gold leaf, part of the reason why it was so expensive. Brandon Hawkins said…

FridayJan 11, 2019 4:20 pm

420 with CNW – Feds Plan to Spend $1.5 Million on Cannabis Research in 2019

The U.S. federal government has plans to give researchers $1.5 million to study the minor components of cannabis and the terpenes in the plant during the 2019 funding cycle. The money will go to researchers who want to study how cannabis components, excluding THC, affect pain management. NCCIH (National Center for Complementary and Integrative Health) published a notice asking researchers to show interest in studying terpenes and minor cannabinoids. The funding will go towards understanding how those minor cannabinoids and terpenes work to relieve pain either in isolation or in combination with each other. The notice published by NCCIH stressed…

FridayJan 11, 2019 3:37 pm

The Cannabis Industry Is Exploding Before Our Very Eyes

The cannabis industry is exploding before our very eyes. Sure this plant has always been popular in the underground market – however, right now is the first moment in history where people can participate in the cannabis industry in a completely legal, above-board, legitimate way. And that is exciting beyond belief! However, there’s a really serious problem in the industry right now. Companies (all around the world) are either hiring like crazy or getting ready to start their hiring spree – but they can’t find people who know anything about cannabis. And the learning curve is steep. Most people don’t…

FridayJan 11, 2019 12:07 pm

ChineseInvestors.com, Inc. (CIIX) Readies Spin Off of CBD Biotech Co. Ltd. Subsidiary and Retains Underwriter for IPO

CIIX recently hired Boustead Securities LLC as underwriter for the planned IPO of its wholly owned subsidiary, CBD Biotech Warren Wang, CEO of CIIX, said that the move is part of its strategic plan, as CIIX looks to return to its root activities in education and consulting with companies seeking to raise profile within the investment community Boustead Securities would serve as IPO sponsor and underwriter, CIIX said ChineseInvestors.com, Inc.’s (OTCQB: CIIX) retention of Boustead Securities LLC for its anticipated IPO of wholly owned foreign enterprise CBD Biotech will enable the company to focus on its revenue base in video…