NewsRoom Articles - Page 485 of 596

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…

WednesdayJan 02, 2019 12:02 pm

The Motley Fool Touts The Flowr Corporation (TSX.V: FLWR) as ‘One to Watch’ with Supply Glut Looming over Marijuana Industry Horizon

The Flowr Corporation recently acquired 19.8 percent of Holigen, a large-scale cannabis producer Lance Emanuel has joined the company as its president, bringing valuable background experience Recent article cites low production costs and high yields per square foot as predictors of the company’s continued success The Flowr Corporation (TSX: FLWR), a vertically integrated Canadian company producing premium cannabis product, is expected to weather a coming supply glut over larger companies because of its low operating costs and irradiation-free products. The up-and-coming company was featured in a recent article on The Motley Fool. The article described an upcoming supply glut in…

WednesdayJan 02, 2019 11:39 am

Sugarmade, Inc. (SGMD) Scaling Up in Cannabis Space with Acquisitions and Agreements

Scaling up with acquisitions and agreements in cannabis and hemp sectors SGMD to gain synergy from application of hydroponics to cannabis cultivation Revenue guidance for 2019 raised to $70 million With California’s legal cannabis market expected to grow “more than 18 percent annually to hit $5.6 billion by 2020” (http://cnw.fm/Cxzx0) and the hydroponics market on “a CAGR of 6.5%” (http://cnw.fm/E2Nyv) from 2018 to 2023, California-based Sugarmade, Inc. (OTCQB: SGMD) has positioned itself at the confluence of two great market movements. The state was the first to buck the trend of prohibition when, in 1996, it passed the Compassionate Care Act, which legalized medical cannabis.…

WednesdayJan 02, 2019 4:20 am

420 with CNW – Study Finds That Veterinarians Want Cannabis Legalized for Pets

A recent survey has discovered that the majority of veterinarians want the laws on marijuana relaxed for both pets and humans. Many of those who participated in the survey felt that they were fairly informed about the medicinal use of marijuana, but they lamented that state veterinary associations or boards aren’t providing guidance to keep their members informed about how to handle the subject of cannabis for pets with clients. The study, whose findings were released in Frontiers in Veterinary Studies (a respected industry journal), had more than 2,100 certified veterinarians sharing their views. The researchers observed that just under…

FridayDec 28, 2018 4:20 pm

420 with CNW – Israeli Parliament Approves Export of Marijuana

The Israeli parliament voted unanimously in favor of a bill that would pave the way for Israel to start exporting medical cannabis. The approval of this bill by cabinet would allow Israel to be the third country in the world (following the lead of the Netherlands and Canada) to tap into the global medical marijuana market. iCAN, an Israeli company that specializes in medical cannabis, welcomed the decision in parliament and added that the global medical cannabis market is likely to be worth $33 billion within the coming five years as the stigma directed at marijuana melts away. This growing…

FridayDec 28, 2018 11:15 am

Net Element, Inc. (NASDAQ: NETE) Keeping Pace with Rising B2B and Consumer Demands for Online Payment Options

NETE platforms offer one-stop omni-channel processing solution with 100-plus payment options E-commerce expected to become largest retail channel in the world by 2021 Consumers quickly migrating toward omni-channel shopping, with up to 80 percent of shoppers planning to buy online during 2018 holiday season Online retail sales jumped 19.1 percent in 2018 over 2017 with U.S. retail sales totaling more than $850 billion Growth in North American market drove Net Element’s net revenue up nine percent Net Element, Inc. (NASDAQ: NETE), a global financial technology and value-added solutions provider that supports electronic payments in an omni-channel environment, is meeting the…