NewsRoom Articles - Page 477 of 617

TuesdayMar 19, 2019 9:00 am

Hemp Boom Leads to Cultivation Supply Shortages

CannabisNewsWire Editorial Coverage: The growth of the hemp sector is having a beneficial effect for both hemp companies and hydroponic suppliers. The growth of hemp more than doubled in the United States last year More companies are moving to produce hemp, causing a surge in demand for cultivation and hydroponic supplies Shortages are particularly acute relative to the hemp micropropagation and hemp cloning supplies as the spring planting season looms Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) via its pending acquisitions is poised to accelerate its growth rate as a result of this hemp cultivation boom, along with other leading companies.…

TuesdayMar 19, 2019 9:00 am

CBD Industry Soars in Wake of Farm Bill; Massive Growth Projected to Continue

CannabisNewsWire Editorial Coverage: Following the passing of the 2018 Farm Bill, CBD sales have continued their massive growth in the United States and beyond. Cannabidiol (CBD), a chemical found in cannabis, has seen a huge growth in sales over the past few years. CBD can be derived from hemp, and the passing of a new farm bill in the States makes this form of cultivation legal at a federal level. This forms part of wider growth in the cannabis market, as companies expand their operations in North America and even beyond. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile)…

TuesdayMar 19, 2019 4:20 am

420 with CNW – Complaints about the Minnesota Medical Cannabis Task Force Increase

When Minnesota legalized medical cannabis in 2014, a task force was established to evaluate the medical cannabis program and report back to the state. However, numerous complaints about the operation and effectiveness of this task force have arisen. Representatives of patients, law enforcement agencies, the medical community, lawmakers and other stakeholders make up this task force. The task force is mandated to scrutinize patient access to the medical marijuana program, the affordability of the products and any other issue connected to medical cannabis. However, the task force appears to have been doomed right from its very inception. For example, the…

MondayMar 18, 2019 4:20 pm

420 with CNW – Two New Jersey Committees Voted on Marijuana Legalization Today

Two committees in the New Jersey Senate and Assembly voted on a bill to legalize recreational marijuana today (March 18). If the bill passed in both committees, then the entire House could vote on the matter as soon as March 25. Stephen Sweeney, the Senate President, revealed that the members had received copies of the bill on Thursday last week and that the Democrats in the House have started talking to Republicans in order to get some of them to vote for the bill. The support of some Republicans was crucial, because a number of prominent Democrats in the House…

MondayMar 18, 2019 1:02 pm

What Are the Best Cannabis Strains for Depression?

Cannabis as a natural remedy for depression is a topic of some controversy. While many consumers report that relief from depression is one of their primary reasons for partaking in the herb, the limited science on the subject has yet to catch up to the consumer experience. What research has found, however, is that both dosage and the unique chemical composition of certain cannabis cultivars may play the most profound role when trying to figure out whether the herb has a positive or negative impact on depression. Research has unveiled that the primary psychoactive in the plant, tetrahydrocannabinol (THC), has…

MondayMar 18, 2019 12:37 pm

Cannabis Conference 2019 Expected to Attract More than 1,000 Growers and Marketers

If the attendance record of last year’s event is any guide, more than 1,000 cannabis cultivators, consultants, capital market pros, retailers and R&D professionals will assemble for the next-gen Cannabis Conference 2019 hosted by Cannabis Business Times and Cannabis Dispensary. The three-day event will be held on April 1-3, 2019, at the Westgate Las Vegas Resort and Casino in Nevada. Inaugurated in 2017, the annual Cannabis Conference is the leading cultivation and dispensary education symposium. As is usual, this year’s event will feature the latest industry technologies and solutions, with exhibits covering over 70,000 square feet of expo space (about the…

MondayMar 18, 2019 12:09 pm

SinglePoint Inc. (SING) Adds Solar to Diversified Portfolio, Sees Potential to Reduce Power Costs for Indoor Cannabis Growers

Plan to acquire solar energy business Direct Solar and solar marketer AI Live Transfers marks SinglePoint’s entry into power conservation industry Solar and wind power use rising in U.S. with government incentives, conservation efforts seen as huge draw for projected $57 billion sector CBD-based product line continues to generate interest with launch of Phyto-Bytes pet care product SinglePoint Inc. (OTCQB: SING), a fully reporting company with assets across multiple sectors including mobile technology, ancillary cannabis services and sustainable technologies, continues to add branches to its family tree with new acquisitions and joint-venture announcements. SinglePoint first began as a full-service mobile…

MondayMar 18, 2019 9:00 am

Drink Companies Prepare for the Coming of CBD Beverages

CannabisNewsWire Editorial Coverage: CBD-infused beverages look set to hit the market in a big way in 2019. Cannabidiol (CBD) is widely used in health and wellness products after spectacular growth in recent years. Several companies are lining up to launch CBD drinks following legal changes in the United States and Canada. Integrating these new offerings into wider product lines is accelerating CBD’s race for mainstream attention. Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is one of the first to launch, with a CBD coffee coming in May and a CBD water in the works. The Alkaline Water Company Inc. (NASDAQ:…

MondayMar 18, 2019 4:20 am

420 with CNW – First Specialist Medical Marijuana Clinic Opens in the UK

Last Saturday (March 9) saw history being made in the UK as the first specialist medical cannabis clinic opened in Manchester. The clinic is called The Beeches Consulting Center. The opening of this clinic has been widely welcomed by patients and clinicians in the UK. This cannabis clinic is owned by European Cannabis Holdings (ECH), a group of companies that plans to open many more such clinics across the UK. The clinic will be headed by two respected professionals in the medical field. These are an independent pain specialist, Dr. David McDowell, and the second is a consultant neurologist, Professor…

FridayMar 15, 2019 4:20 pm

420 with CNW – British Lawyers Head to Brussels Over CBD Ban

Last month, we reported that there was a run on CBD drinks and other CBD products in the UK after the EU declared that CBD and other cannabis or hemp extracts were novel foods that could only be allowed on the market after receiving regulatory approval. Cannabis industry players in the UK aren’t taking that ban lying down. Their association has instructed a team of lawyers to head to Brussels in order to try and overturn that ruling. While the EU law, (EU) 2015/2283, isn’t binding on the member states, many countries use the guidance provided by the EU to…