NewsRoom Articles - Page 477 of 601

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…

TuesdayFeb 05, 2019 4:20 pm

420 with CNW – Four Things You May Not Know about Cannabis Jobs in the US

Your mind may immediately go to the rate at which different states are legalizing marijuana when the cannabis industry in the U.S. is mentioned. However, there is so much that many people don’t know about the job market in the U.S. cannabis industry. Here are four facts you most likely didn’t know about employment in the cannabis industry in the U.S. Hiring Has Increased By 76 Percent According to a study conducted by Glassdoor, the number of available jobs in the cannabis industry in the U.S. has increased by 76 percent when compared to the number of jobs that were…

TuesdayFeb 05, 2019 1:25 pm

Legislative Changes Provide New CBD Growth Opportunities, Green Hygienics Holdings Inc. (GRYN) Set to Benefit from Market Liberalization

Industry representatives believe that CBD has become “too big to fail” as a result of the legislative changes that occurred at the end of 2018 Since hemp has been taken off the controlled substances list, the CBD market is anticipated to grow rapidly and reach $22 billion by 2022 These changes will lead to intense competition and the need for more effective cultivation methods; because of such trends, companies like Green Hygienics Holdings are expected to benefit from rapid growth opportunities in 2019 and beyond The legal status of hemp finally changed at the end of 2018, and, according to…

TuesdayFeb 05, 2019 12:48 pm

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Intensifies Brand Building Endeavors in Effort to Gain Larger Share of CBD Edibles Market

Shares recently began trading on the OTCQB Venture Market in the U.S. PLUS is the best-selling cannabis-infused brand in California Company’s retail sales and market share have consistently grown over the past five quarters PLUS plans to enter additional markets with its proven products and brands Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is employing a brand-building strategy to grow market share. In its investor presentation, the company notes that, as it competes exclusively in California’s CBD edibles market, it is well-positioned for expansion (http://cnw.fm/6JJpI). In a news release (http://cnw.fm/QK0qL), PLUS CEO Jake Heimark said, “We believe branded edible market share…

TuesdayFeb 05, 2019 12:22 pm

ChineseInvestors.com Inc. (CIIX) to Seek Acquisition Target after CBD Biotech Spin-off

Growth by acquisition will be a priority following IPO spin-off, according to CIIX CEO Warren Wang CIIX reported significant revenue growth, with hemp and CBD sales increasing by eight times year-over-year Industry trend may indicate more hemp or marijuana being sourced from Columbia, or Thailand and other Asian locations, moving forward ChineseInvestors.com Inc. (OTCQB: CIIX) is currently planning an IPO of wholly owned foreign enterprise CBD Biotech, according to CEO Warren Wang. Wang said in a news release that the company hopes for a Nasdaq IPO of CBD Biotech late in FY2019 or early the following year. CIIX would then…