NewsRoom Articles - Page 480 of 592

FridayJan 04, 2019 11:14 am

Icon Exploration Inc. (TSX.V: IEX.H) Building Presence in Booming Cannabis Space

Cannabis researchers predict that global sales of the plant will reach $32 billion by 2022 Canada’s recent nationwide legalization of adult uses of cannabis is fueling a spike in labor force opportunities, including a 266 percent increase in cannabis jobs Icon Exploration’s agreement with City View Green (CVG) is sowing the seeds of growth as the Canadian cannabis license applicant prepares a 40,000-square-foot cultivation facility New job and wage statistics released just shy of Canada’s two-month anniversary for full-use cannabis legalization underscore the strength of the ‘weed’ industry, as well as the market potential of companies such as Icon Exploration…

FridayJan 04, 2019 4:20 am

420 with CNW – Marijuana Law Changes in Mexico and Canada May Finally Change Texas Attitudes

The legalization of marijuana in Canada, and the impending legal change to marijuana laws in Mexico now leaves Texas isolated as the only jurisdiction in that area where cannabis isn’t legal. This “engulfment” is likely to generate sufficient pressure to cause a change in Texas sooner rather than later. Already, public opinion in the state has shifted in favor of lesser punishment for those found in possession of small amounts of cannabis. Moreover, Kim Ogg, the Harris County District Attorney, entered office in 2017 and started a new program in which small-time cannabis offenders would avoid jail time and a…

ThursdayJan 03, 2019 4:20 pm

420 with CNW – Cannabis is More Potent than it was a Decade Ago, Study Finds

Researchers who collected and analyzed data taken from at least 28 European countries have discovered that the potency and price of cannabis has increased significantly over the last decade. The researchers from King’s College London and University of Bath found that the strength of cannabis has doubled from what it was 11 years ago. The data used in this study was taken from the data collected by the European Monitoring Centre for Drugs and Drug Addiction. The researchers looked at cannabis from two perspectives or categories. One was herbal cannabis and the other was resin cannabis. The concentration of THC…

ThursdayJan 03, 2019 12:27 pm

Benzinga Cannabis Capital Conference Will Bring Cannabis Visionaries and Investors Together

Presented by Benzinga, the upcoming cannabis conference will be held at the Eden Roc in Miami Beach, Florida; it is the go-to source event for investors who want the latest news and opportunities from the burgeoning sector The conference will kick off on January 15 with an invite-only C-Suite retreat for cannabis operators; the audience will be just 100 C-Suite executives; a pre-retreat reception will be held the night prior The conference will feature company presentations, networking receptions and an all-star lineup of knowledgeable keynote speakers talking about the global opportunities for cannabis Benzinga Cannabis Capital Conference (CCC) will offer…

ThursdayJan 03, 2019 12:05 pm

Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Introduces Truly Water-Soluble Cannabinoid Technology

Sproutly’s chief science officer, Dr. Arup Sen, recently discussed the company’s unique water-soluble technology and its ability to create designer cannabis beverages Sproutly entered LOI with the largest Caribbean medical cannabis producer to establish a joint venture to sell cannabis-infused beverages and oil products As worldwide prohibition of cannabis eases, restrictions on scientific research into cannabinoids are loosening as well, allowing innovative companies like Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) to emerge. Sproutly, based in Vancouver, Canada, has discovered water-soluble forms of cannabinoids, which it is now able to extract with a proprietary Aqueous Phytorecovery Process (APP) technological…

ThursdayJan 03, 2019 11:44 am

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4): Project Pipeline Set to Swell

Israel on brink of removing ban on export of medical marijuana Redfund makes first investment in cannabis beverage company Biolog Inc. Biolog to collaborate in initiative to develop water-soluble cannabinoids Recent developments in regulation and research and development in the cannabis space are set to swell the project pipeline of Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4). In November, a government committee in Israel approved the first draft of a law on the export of medical cannabis, a move welcomed by the industry, with one commentator (http://cnw.fm/UmSY8) opining, “Although a small step in the dry process of legislation, it’s a huge leap…

ThursdayJan 03, 2019 11:21 am

SinglePoint, Inc. (SING) Releases Upbeat Video Outlook for 2019 Following US Legalization of Hemp

Hemp-based CBD products are sold through SinglePoint’s e-commerce subsidiary, SingleSeed.com 2018 Farm Bill signed into U.S. law, removing hemp from list of controlled substances $1 billion hemp-derived CBD industry projected to reach $22 billion by 2022 SinglePoint expects to top $1 million in 2018 sales and build to $3 million in 2019 SinglePoint, Inc. (OTCQB: SING), a fully reporting technology company providing mobile payments, blockchain solutions and ancillary cannabis services, sees the recent passage and signing of the 2018 Farm Bill as a game changer for its SingleSeed.com subsidiary and its future growth plans. In a video discussion ranging from…

ThursdayJan 03, 2019 10:39 am

Earth Science Tech, Inc. (ETST) Pushes toward Opportunity with Passing of New Farm Bill and Launch of Hygee Kits

Sees opportunity in the passing of the new Farm Bill Signs new chief sales officer to distribute CBD products nationwide Orders first commercial production run of Hygee Kits The passing of the new Farm Bill is big news for companies like Earth Science Tech, Inc. (OTCQB: ETST) that work within the cannabis industry. ETST is a Florida-based biotechnology company focused on cannabis and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices. The newly passed 2018 Farm Bill removed hemp (including hemp-derived cannabinoids containing less than 0.3 percent THC) from the Controlled Substances act. According to New Frontier cannabis market…

ThursdayJan 03, 2019 4:20 am

420 with CNW – Cannabis Drinks Likely to Be a Big Hit in 2019

As calls for marijuana legalization sweep across the U.S., many companies are gearing up to provide yet another way to get your high, by sipping marijuana. Cannabis-infused drinks are poised to be a big thing in 2019 and beyond if the undertones surrounding the cannabis industry are to be believed. First, industrial hemp is now legal to grow after the 2018 Farm Bill was signed into law. This means that companies will have a huge source of CBD (the non-psychoactive cannabinoid in hemp and marijuana) to use when making cannabis beverages. Such drinks may be the first to become popular…

WednesdayJan 02, 2019 4:20 pm

420 with CNW – Malawi Drafts Bill to Legalize Marijuana Farming

The parliament in Malawi has drafted a bill that will make it legal to grow marijuana and hemp both medicinally and industrially. The bill comes at a time when the country’s export earnings have taken a huge hit as tobacco sales decline year by year. Tobacco sales have been bringing in at least 60 percent of the country’s foreign exchange earnings, but the sustained anti-smoking efforts spearheaded by the World Health Organization (WHO) and other groups have triggered a downward trend in the number of people who smoke. Malawi is feeling the effects of those efforts. Moreover, the estimated value…