NewsRoom Articles - Page 478 of 597

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…

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…