NewsRoom Articles - Page 481 of 602

TuesdayJan 29, 2019 4:20 pm

420 with CNW – Israeli Cabinet Approves Export of Marijuana Products

Toward the end of last year, we reported that the Israeli parliament had passed a bill permitting local companies to export medical marijuana. However, there were fears that the cabinet may wait until after elections before pronouncing itself on this matter. It turns out that those concerns were premature because the cabinet has given its approval and cannabis firms can start processing the necessary paperwork to sell medical cannabis abroad. The cabinet’s decision leaned on the recommendations made by an inter-ministerial committee (finance and health ministries) that was tasked with studying the Act of parliament and then advise the cabinet…

TuesdayJan 29, 2019 12:53 pm

Buyer Beware: Why You Can’t Always Trust CBD Product Labels

American consumers may have gotten used to the old adage “what you see is what you get” when it comes to ingredient labels. While most CBD companies create a reliable product, some studies have shown that certain companies’ CBD product labels either under-represent or over-represent the amount of CBD contained within. While this issue is not an epidemic, it is cause for further education on CBD product labels, so you can be an informed consumer. What’s Going On With CBD Products? From 2015 to 2017 the FDA sent 44 warning letters to CBD companies, some multiple times, whose labels were…

TuesdayJan 29, 2019 11:00 am

As Cannabis Industry Rises to Prominence, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is Securing Lead Position

Regulatory changes and shifting attitudes are contributing to the rapid growth of the legal cannabis sector According to a CIBC World Markets report, the industry has many representatives but only a few possess what it takes to dominate the new global market Management team strength, brand development, capital allocation, price target and distribution channel information can tell investors who the frontrunners in the industry are Based on these factors, The Green Organic Dutchman Holdings is shaping up as a leading entity to watch in 2019 and the years to come As cannabis is rising to prominence, investors are turning their…

TuesdayJan 29, 2019 4:20 am

420 with CNW – Legalization Changes How Canadians Talk to Kids about Cannabis

Recreational cannabis was legalized in Canada late last year and this has made parents to rethink how they talk to their kids about cannabis. This adjustment was prompted by the increasing visibility of marijuana in all walks of life. SheCann founder, Ashleigh Brown, says that the cannabis “talk” should never be regarded as a one-time event. Instead, conversations about the substance should be conducted on an ongoing basis so that kids are empowered to make the right decisions when confronted by opportunities to use the substance. Speaking in Toronto at a “Women and Weed” event last weekend, Brown said that…

MondayJan 28, 2019 4:20 pm

420 with CNW – New Tax Plan Injects Life into New Jersey Marijuana Legalization Debate

A stalemate had developed between the Senate President and the Governor of New Jersey regarding how the marijuana industry will be taxed once an appropriate law is passed. However, a new plan has reignited the legalization debate and a compromise may be reached to move forward on this long-awaited matter. Previously, Stephen Sweeney (the Senate President) had dug his heels in that he would not go along with any marijuana legalization law that set the tax rate at more than 12 percent. Meanwhile, the Governor (Phil Murphy) was adamant that the tax rate should be in the region of 25…

MondayJan 28, 2019 12:19 pm

ChineseInvestors.com Inc. (CIIX) Reports Greater than 50 Percent Year-Over-Year Revenue Increase

Total revenue in the second quarter of fiscal year 2019 up to $648,265 Revenue growth is due to an increase in hemp and CBD product sales, as well as heightened subscriptions totals As the hemp and CBD markets continue to expand, ChineseInvestors.com is expecting even stronger performance through the second half of FY2019 ChineseInvestors.com Inc. (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, recently announced its financial results for the second quarter of fiscal year 2019, pinpointing a number of important accomplishments. A revenue increase of more than 50…

MondayJan 28, 2019 11:57 am

Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) Helps Clients Realize Energy Saving Goals through an Array of Innovative Products and Services

Kontrol Energy Corp. targets HVAC, lighting and water usage to help maximize energy savings for customers Customers see a cost savings ranging from 25-30 percent after implementing Kontrol’s energy efficiency services The company has recently made inroads into the cannabis industry, where companies are seeking ways to maximize profits and minimize energy costs Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8), a leader in the energy efficiency sector, aims to help customers eliminate energy waste, maximizing their profit margins while also increasing sustainability and improving building operations. Kontrol, which was named Canada’s seventh-fastest growing start-up in 2018, offers a suite of…

MondayJan 28, 2019 11:24 am

Cannabis Strategic Ventures Inc. (NUGS) Seeks OTCQB Venture Market Uplisting as Part of Growth Strategy

The company is on target to meet the more stringent reporting standards and compliance requirements for a successful uplisting Niche acquisitions and a vertically-integrated strategy will further enable the company’s sustainable market growth in the years to come Cannabis Strategic Ventures aims to create and control specific cannabis industry niches through focused brand development and acquisitions of hard assets for growth, distribution and manufacturing Los Angeles-based cannabis industry incubator Cannabis Strategic Ventures Inc. (OTC: NUGS) recently submitted its application to uplist to the OTCQB Venture Market, a move that supports the company’s broader, acquisition-based growth strategy. According to a press…

MondayJan 28, 2019 11:03 am

Icon Exploration Inc. (TSX.V: IEX.H) Continues Move into Cannabis Industry Following City View Green Acquisition

Icon Exploration CEO Rob Fia selected City View Green after careful consideration of industry trends and expectations City View Green team offers experience and production potential, as well as a 40,000 square foot production facility and a pending medical license through Health Canada Medicinal cannabis market has been projected to reach $25 billion by 2020 Icon Exploration Inc. (TSX.V: IEX.H), a well-diversified company aiming to augment its shareholders’ investments, is making moves to become a major player in the cannabis industry, which continues to flourish in Canada and the United States due to recent legalization legislation. The company’s goal in…

MondayJan 28, 2019 4:20 am

420 with CNW – Massachusetts Legal Cannabis Sales Hit Nearly $24M during First Two Months

Massachusetts started retail sales of recreational marijuana on November 20 and nearly $24 million worth of cannabis has so far been sold in just two months, according to statistics released by the state. The data released by the Cannabis Control Commission shows that cannabis products worth $23.8 million were sold by licensed dispensaries in the maiden two months since retail sales started. The statistics also show that retail sales have been booming since the first day of legal recreational cannabis sales. For example, the two dispensaries that opened on the first day of legal sales made about $2 million in…