NewsRoom Articles - Page 478 of 596

WednesdayJan 23, 2019 11:19 am

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Focuses on Growing High-Quality Cannabis at its 7ACRES Facility

Supreme Cannabis continues to identify new opportunities to build innovative cannabis businesses The company’s 7ACRES subsidiary operates a 440,000 sq. ft. cultivation facility Supreme Cannabis’ goal is to become the leading producer of premier commercial cannabis The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) concentrates on building innovative cannabis businesses around the world. A global movement headquartered in Toronto, Ontario, Canada, the company established 7ACRES as the first licensed producer focused on growing high-quality cannabis in large quantities. The 7ACRES licensed producer subsidiary operates a 440,000 sq. ft. facility in Kincardine, Ontario. On March 11, 2016, 7ACRES…

WednesdayJan 23, 2019 10:17 am

Marijuana Company of America Inc. (MCOA) to Expand Popular hempSMART Brand Internationally

Files Form S-1 Registration Statement to receive up to $10 million to fund expansion 2019 to see expansion of hempSMART brand into Europe and Asia MCOA to continue projects expanding role in hemp industry as a grower in the U.S. and Canada Aggressive pursuit of business plan includes recent upgrade to OTCQB Venture Marketplace U.S. hemp market projected to represent 32 percent of a $5.7 billion global hemp market in 2020 Now that U.S. federal prohibition on hemp farming has been lifted through the passage and signing of the 2018 Farm Bill, analysts are predicting that the nation’s hemp industry…

WednesdayJan 23, 2019 4:20 am

420 with CNW – About 60 Closed Cannabis Dispensaries May Reopen in Michigan

The Michigan Medical Marijuana Licensing Board has voted to allow more than 60 medical cannabis dispensaries to reopen at least until March 31 as their license applications are processed. The decision was announced after there was an outcry that patients would find it hard to get medical cannabis if that large number of dispensaries is closed pending the processing of their license applications. The reprieve given to the closed businesses is subject to a number of conditions. First, the local government of the area should have granted the business approval to operate in their jurisdiction. The business should have also…

TuesdayJan 22, 2019 4:20 pm

420 with CNW – Wisconsin Governor Reveals Plans to Legalize Marijuana

The new Governor of Wisconsin, Tony Evers, has announced that he intends to take the first step towards legalizing marijuana in the state during the first two years of his term of office. Evers revealed that he will include medical marijuana legalization during his budget proposals for this year. The Governor made those statements during his address to the board members of the Wisconsin Technological Council last week. The Democratic Governor also revealed that he doesn’t want to rush anything, so he will start by pushing for the legalization of medical marijuana before taking the next step to legalizing recreational…

TuesdayJan 22, 2019 2:13 pm

13 Questions with Cannabis Investor Mitch Baruchowitz

Mitch Baruchowitz is the managing partner at Merida Capital Partners, a private equity investment firm founded in 2016. Based in Maryland, Merida Capital specializes in cannabis-related investments such as cultivation infrastructure, data & technology services, pharmaceutical development and life sciences, and medical cultivation. Since 2016 they have invested over $23 Million into the cannabis space. Green Flower recently sat down with Baruchowitz to ask him about some of the biggest questions in cannabis investing today. 1. Why did you get into cannabis investing? I got into it originally to help my friend, who’d begun using cannabis to treat pain after…

TuesdayJan 22, 2019 12:20 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Launches New Patient and Consumer Website

The Green Organic Dutchman recently announced the launch of a new website aimed at addressing the needs of various types of customers, as well as investors The website will enable potential clients to sign up for early access to the company’s premium organic cannabis in January 2019 TGOD’s website launch is another step toward ensuring accessibility and convenient service following a partnership with HelloMD to facilitate online sales and personalized customer service Mid-December 2018, cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) announced the launch of a new informative website aimed at addressing…

TuesdayJan 22, 2019 11:56 am

Plus Products Inc. (CSE: PLUS) Expanding Production Capabilities to Better Leverage Opportunities in the Cannabis Edibles Market

Plus Products is a top cannabis-infused edibles producer focused on edibles that are both compliant and dosable while offering unsurpassed taste and texture The company produces its edibles through the organized efforts of experts in a variety of fields Plus Products continues to introduce a range of popular limited edition products Headquartered in San Mateo, California, Plus Products Inc. (CSE: PLUS) is a leading branded products manufacturer. The company’s focus is on making cannabis-infused edibles that are better than the competition, in addition to being compliant, dosable and delicious. All of its products are produced in its dedicated food-safe cannabis…

TuesdayJan 22, 2019 11:13 am

TransCanna Holdings Inc. (CSE: TCAN) Completes IPO, Receives Temporary Distribution License and Gains Approval to Trade on Frankfurt Exchange

TransCanna Holdings, through affiliate TCM Distribution Inc. (“TCMD”), has secured local licenses in Adelanto, California, and recently received a California temporary distribution license The company closed an IPO funding share sale on January 8 to bring in aggregate gross proceeds of C$2.2 million TransCanna’s affiliate, TCMD, is leasing a small permitted facility and negotiating with its landlord to lease a new 20,000 sq. ft. facility when construction is completed TransCanna received approval to commence trading on the Frankfurt Exchange using ticker symbol ‘TH8’ TransCanna Holdings Inc. (CSE: TCAN) recently completed its initial public offering (“IPO”) of 4.4 million units at…

TuesdayJan 22, 2019 9:00 am

Direct Selling Companies Prove Attractive for CBD Market, Drawing Large Non-Endemic Cannabis Industry Partners

CannabisNewsWire Editorial Coverage: With experts such as the Brightfield Group predicting the hemp-derived CBD (cannabidiol) market will reach $22 billion by 2022, major industry players such as Anheuser-Busch are seeing value and viability in the direct selling approach to selling CBD products. With a predicted 130 percent compound annual growth rate (CAGR) over the next three years, the hemp-derived CBD industry looks primed to explode. The direct selling approach to selling CBD products pioneered by brands such as Youngevity International is attracting the interest of large-scale companies. Given new medical studies proving the efficacy of daily CBD intake, the market…

TuesdayJan 22, 2019 4:20 am

420 with CNW – Denmark Approves Bulk Medical Cannabis Exports

The Danish Ministry of Health has revealed that an executive order allowing local companies to export medical cannabis in bulk took effect on the first day of this year. This puts Denmark in pole position around the continent since many other countries are still staggering in their efforts to get medical cannabis programs running. For example, the military is the only entity authorized to grow cannabis in Italy while Germany is yet to get its domestic cultivation program going. Several foreign medical cannabis companies, including The Green Organic Dutchman and Canopy Growth have set foot in Denmark. Several reasons make…