NewsRoom Articles - Page 477 of 596

ThursdayJan 24, 2019 2:03 pm

This Week in Cannabis: Rules Approved, a Blockbuster Deal, and an out of Touch Presidential Hopeful

This last week resulted in a number of cannabis news stories making headlines, from California to Florida and beyond. Florida patients received support from their Governor, while supporters of a likely presidential candidate found out just how out of touch he is with voters. Below is a recap. California officials give final approval to cannabis regulations What happened: California's three cannabis licensing authorities finally approved state regulations for the state's cannabis industry. California is home to the oldest legal medical cannabis industry in the nation and passed an adult-use legalization initiative in 2016. Why it matters: California is the most…

ThursdayJan 24, 2019 12:59 pm

SinglePoint Inc. (SING) On Point with CBD Therapeutics for Pets

SinglePoint recently launched Phyto-Bites product to help pets – particularly dogs – deal with stress, pain and separation anxiety The company anticipates building on its vertical acquisition strategy in 2019 to capitalize on federal hemp legalization Market forecasts anticipate U.S. pet industry expenditures, which would include therapeutic products, to more than double within the next few years Pet owners looking for natural therapies to help their four-legged loved ones through bouts of pain and anxiety are gaining an increasing array of options as the cannabis revolution opens the doors to new product research, including therapeutics for animals. Now, SinglePoint Inc.…

ThursdayJan 24, 2019 11:37 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Acquires a $12 Million Investor

Lexaria Nicotine LLC partners with one of the world’s largest tobacco companies Opportunity to change nicotine delivery and improve the lives of millions Retains ownership of DehydraTECH while licensing the technology out to multiple industries Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) recently announced that its wholly owned subsidiary, Lexaria Nicotine LLC, has partnered with one of the world’s largest tobacco companies to fund the research and development of Lexaria’s patented DehydraTECH (http://cnw.fm/w86Vf). The partnership may potentially commercialize this cutting-edge technology for oral nicotine delivery. Chris Bunka, CEO of Lexaria Bioscience, is excited about the opportunity to work with a world-class…

ThursdayJan 24, 2019 11:19 am

Earth Science Tech Inc. (ETST) Expands International Distribution of CBD Products to Mexico and South America with Forzagen Partnership

ETST gives Forzagen exclusive distribution rights for its high-grade, full-spectrum cannabinoids in all Latin American countries ETST chairman says that partnership will give company additional exposure and revenue as products are sold in new territories SeeThruEquity projects that ETST will achieve $7.1 million in revenues by 2020 as it grows distribution of CBD product line Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, as well as medical devices and hemp cannabinoid (CBD) products, has partnered with premium dietary supplement provider Forzagen to distribute ETST’s line of cannabinoids throughout Mexico and South America (http://cnw.fm/a1U83).…

ThursdayJan 24, 2019 11:02 am

Icon Exploration Inc. (TSX.V: IEX.H) Places Exacta in Largest Legal Marijuana Marketplace

Icon plans to operate in both medical and recreational cannabis markets Preparation of 40,000-square-foot resource in Brantford, Ontario, underway Recreational marijuana market forecast to record CAGR of 77.9 percent from 2018 to reach $3 billion in 2021 What may be a tough call in horseracing is much easier in Canada’s cannabis market. The odds of choosing both the winner and the second-place finisher in any race – an exacta – are never good, but, for Icon Exploration Inc. (TSX.V: IEX.H), the probability of picking winners in Canada’s cannabis market is decidedly better. In what is a win-win situation for Icon,…

ThursdayJan 24, 2019 10:45 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Sees Opening with Canada’s Upcoming Legalization of Cannabis Edibles, Extracts

TGOD among mere handful of Canadian cannabis cultivators dedicated to organic growing principles Health Canada seeks public input on regulations governing upcoming legalization of edible cannabis, extracts and topicals Deloitte survey notes that 60 percent of Canadians plan to purchase cannabis edibles Company has funded capacity of 170,000 kg and is currently building three cultivation facilities in two countries Cannabis-infused food and beverage market in the U.S. and Canada was expected to top $1.5 billion in 2018 The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), a premium, organic cannabis-focused research and development company, is seeking to hasten the…

ThursdayJan 24, 2019 4:20 am

420 with CNW – US Virgin Islands Passes Medical Marijuana Law

On Tuesday last week, Gov. Albert Bryan Jr. signed a bill that legalized medical cannabis in the U.S. Virgin Islands. This brings to an end a long process that started with a referendum in favor of medical cannabis in 2014. 56.5 percent of the voters agreed that medical cannabis should be legalized and regulated. Senator Positive Nelson then drafted a bill to actualize medical cannabis in the jurisdiction but the bill didn’t sail through the legislature. He persisted in bringing new bills during each legislative session until the most recent one passed in December last year and was assented to…

WednesdayJan 23, 2019 4:20 pm

420 with CNW – Washington Legislators Make Another Attempt at Legalizing Cannabis Homegrows

Washington State still remains as the only state where recreational cannabis is legal but residents aren’t allowed to grow the plant for their own use. However, this may change if the two bills introduced in the state legislature are passed, thereby allowing adults to grow a maximum of six plants for their own use. Previous attempts to pass similar bills have met with failure, so it isn’t a foregone conclusion that the attempts this year will bear fruit. The key difference this time round is that the two bills have bipartisan support, at least when the list of sponsors is…

WednesdayJan 23, 2019 12:49 pm

Is Investing in the Cannabis Industry Something You Should Do?

According to Viridian Capital Advisors, cannabis companies raised nearly 14 billion dollars in 2018, which is significantly up from the 3.5 billion that companies raised in 2017. With cannabis reform spreading like wildfire all across the globe, the opportunity for the cannabis industry to expand is absolutely enormous. Chances are, you are likely considering investing in the cannabis industry. But what is the best way to do it without your hard-earned dollars disappearing into thin air? Beware of misconceptions and misleading information If something seems too good to be true, chances are there's a reason for that. Just because the cannabis industry has…

WednesdayJan 23, 2019 11:40 am

Golden Developing Solutions Inc. (DVLP) Announces Record-Breaking “Where’s Weed” Transactions of $18 Million in 2018

The company plans a nationwide expansion of its Where’s Weed segment and related assets Total sales force expected to triple so as to cover the entire U.S. market, while network of distributors and dispensaries integrated into the Where’s Weed mobile platform will also grow Where’s Weed’s rapid growth is coinciding with legislative changes in the U.S. that are anticipated to stimulate the significant expansion of the legal cannabis industry over the coming years Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace, has announced a broad nationwide expansion of its Where’s Weed…