NewsRoom Articles - Page 486 of 603

FridayJan 18, 2019 11:33 am

This Week in Cannabis: Hands-Off Approach in Cannabis Legal States Says AG Candidate Barr

The U.S. government is in a strange place these days – being shut down and all – however we did see some potentially great cannabis news via the Trump administration’s nominee for attorney general, plus results from the latest CBD study, and a bunch of other positive cannabis news from all across the U.S. Here are the highlights: Trump's nominee for new attorney general answers the cannabis question What happened: Former United States Attorney General William Barr was nominated to replace Jeff Sessions and faced Congress this week. Cannabis policy came up during his confirmation hearings, and Mr. Barr stated that he…

FridayJan 18, 2019 11:12 am

Plus Products Inc. (CSE: PLUS) Attains Top Spot in California’s Cannabis-Infused Edibles Market

The company secured the number one market position in the California edibles market, becoming the state’s most successful seller of cannabis-infused edibles Plus Products acquired cannabis-infused baked goods brand GOOD CO-OP, merging like-minded attitudes about product quality and ingredient authenticity The company oversees over 16,000 square feet of manufacturing space in order to meet the demand for its products Plus Products Inc. (CSE: PLUS), the leading cannabis edibles brand in California, increased its edibles market position from number four in Q2 of 2018 to number one in Q3, according to data released from BDS Analytics. This marks (http://cnw.fm/bR7C0) the company as the…

FridayJan 18, 2019 10:37 am

ChineseInvestors.com Inc. (CIIX) Set to Ring in Chinese New Year with Launch of Branded Hemp Wine Product

China has a centuries-old tradition of promoting herbs and other earthy, natural health remedies The village of Bama in China’s southern region has gained renown for the percentage of centenarians amid its population, and as the source of hemp rice wine ChineseInvestors.com recently announced the launch of a branded Hemp Wine product by its cannabis industry subsidiary, CBD Biotech The Hemp Wine launch in collaboration with tourism-friendly Bama’s Institute of Longevity of the Elderly is taking place amid preparations for Chinese New Year festivals Chinese-language investment news outlet ChineseInvestors.com Inc. (OTCQB: CIIX) is launching its first self-branded rice wine alcohol…

FridayJan 18, 2019 4:20 am

420 with CNW – South Carolina Legislators Introduce Bill to Legalize Medical Marijuana

It seems South Carolina is next in line to act upon the growing popularity of marijuana across the U.S. Two legislators have tabled a bill that, if passed, would allow patients to start using medical marijuana. The Compassionate Care Act is sponsored by Rep. Peter McCoy and Sen. Tom Davis. When unveiling the bill, Sen. Davis said that their interest in introducing that bill was to make it possible for patients and their doctors to decide whether medical marijuana can be helpful in promoting the health of the patient. Such a decision should not be left to politicians or law…

ThursdayJan 17, 2019 4:20 pm

420 with CNW – Oklahoma City School Board Passes Marijuana Policy

Voters in Oklahoma approved a ballot measure last year in June making medical marijuana legal in the state. Recently, the school district in Oklahoma City passed its own medical marijuana policy to clarify what employees and students could or could not do now that medical marijuana is legal in the state. On Monday this week (January 14), the Oklahoma City Public Schools Board released its marijuana policy in which the district asserted that it would not take any action against any employee who holds a medical marijuana license. However, the same policy also had a clause that barred employees from…

ThursdayJan 17, 2019 11:28 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives $1 Million from New Partnership with Altria to Fund DehydraTECH R&D

LXRP’s subsidiary, Lexaria Nicotine LLC, enters definitive investment agreement with Altria Ventures Inc.; Altria to fund R&D, receive license rights and equity Altria will fund research on LXRP’s DehydraTECH oral nicotine products, pay sales royalties and may fund up to $12 million more through a series of private financings LXRP has not sold or optioned its own equity and still retains majority equity ownership of Lexaria Nicotine, LLC; Altria would receive minority equity interest in the subsidiary Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) wholly owned subsidiary, Lexaria Nicotine LLC, has entered a definitive investment agreement with Altria Group Inc.’s…

ThursdayJan 17, 2019 4:20 am

420 with CNW – Records Show 61 Tons of Medical Marijuana were Consumed in Arizona in 2018

State records that were published on January 14 show that Arizonans set a record in the state by consuming a total of 61 tons of different forms of medical marijuana. The report shows that Arizona medical cannabis dispensaries sold 2.5 tons of marijuana edibles last year. One interesting thing about this statistic is that in 2012, the entire state consumed that exact quantity of cannabis products. That year was the first full year since the medical marijuana was legalized. Another comparison with that first year has to do with the number of patients who acquired medical cannabis cards. In 2012,…

WednesdayJan 16, 2019 4:20 pm

420 with CNW – California Firm Plans Mega Cannabis Facility in Buffalo

Flora California Prime, a cannabis company based in San Diego, intends to build a $200 million cannabis campus in Buffalo once New York legalizes recreational cannabis. Flora California Prime is undertaking the project as a joint venture with Zephyrs Investors (a real estate development firm owned by Brad Termini). The facility would create up to 1,000 jobs during and after its construction in the vicinity of Tifft Nature Preserve in Buffalo. These people would be employed to do research work, work in the labs, be involved in manufacturing and other related activities. Brian Termini, the co-founder of Flora California Prime…

WednesdayJan 16, 2019 3:53 pm

What’s the Difference: Legal Cannabis vs Black Market Cannabis

Imagine the freedom and convenience of being able to walk into a well-lit store and purchase cannabis. For some consumers, that may seem like a distant dream, and for a growing number of consumers, it’s a wonderful reality. A growing number of states in the U.S. now allow adult-use cannabis sales. The unregulated market still exists in those states, and it is decreasing in size with every day that goes by because it’s becoming increasingly harder to compete with dispensaries. Here is why most consumers tend to prefer legal cannabis over black market mystery cannabis. Lab tested One of the biggest advantages…

WednesdayJan 16, 2019 11:16 am

Golden Developing Solutions, Inc. (DVLP) Sees Powerful Growth Potential in Company’s Expanding Selection of CBD Products, Mobile Apps

Global acceptance of cannabis and related CBD products continues to increase Worldwide legal cannabis market projected to reach $146 billion by end of 2025 Consumer demand for CBD products expected to explode with U.S. legalization of hemp New software division, Greener Grows, joins Where’s Weed and upcoming Where’s CBD As an emerging leader in ancillary software and the cannabidiol (CBD) products marketplace, Golden Developing Solutions, Inc. (OTC: DVLP) provides business services and/or products supporting the cannabis industry, including an online retail business for CBD, hemp oil and health/wellness-related products. The company recently launched its new software division, called ‘Greener Grows’,…