NewsRoom Articles - Page 489 of 596

TuesdayDec 18, 2018 9:00 am

California Cannabis Market Offers Growth for Cultivation Suppliers as Authorities Tackle Licensing Backlog

CannabisNewsWire Editorial Coverage: Growth in the Californian cannabis industry, currently restricted by licensing delays, is expected to accelerate over the coming months, bringing profits for suppliers of cultivation equipment. California is one of the largest recreational cannabis markets in the world. Recent delays in issuing cannabis licenses in California seem to be approaching an end. Outside California, the growing global reach of the cannabis industry is drawing interest from significant international investors. Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) is one of the companies set to profit from this acceleration, thanks to its sales of hydroponic equipment to cannabis cultivators. Tilray,…

TuesdayDec 18, 2018 9:00 am

Medical Cannabis Payment Solutions’ (REFG) ‘Go’ Creates a Digital Payment Processing Environment for Legalized Cannabis Businesses

REFG’s Go delivers a compliant cashless and digital world for legalized cannabis transactions by dispensaries and merchants; retailers and consumers can sign up for Go online REFG is a hemp grower that owns SpeedyGrow, licensed in Colorado; it has established itself as a leader in payment processing by handling some 60 million transactions monthly The company’s goal is transactional safety and accuracy; it operates within Financial Crimes Enforcement Network (FinCEN) guidelines and offers a transparent and approved environment Medical Cannabis Payment Solutions’ (OTC: REFG) ‘Go’ is a processing system which offers cannabis dispensaries, merchants and customers a digital payment program…

TuesdayDec 18, 2018 4:20 am

420 with CNW – Utah Seeks Cannabis Program Manager After Prop 2 Passes

The Mormon Church, lawmakers and other stakeholders formulated a compromise bill to legalize medical marijuana long before Prop 2 was voted on in the midterm elections. This compromise deal enabled the different factions to cede some ground on their hard stance about medical marijuana and Prop 2 became a pawn to shape how the final legislation would appear depending on which side won the polls. Now the polls are over and a law is in place to operationalize the medical cannabis program. In light of this development, Utah published an online advert calling for interested individuals to apply for the…

MondayDec 17, 2018 4:20 pm

420 with CNW – Study Finds Proximity to Cannabis Dispensaries Increases New Home Prices

A recent study whose findings were published in the Contemporary Policy journal shows that prices of new homes jump by up to 7.7 percent in case a cannabis dispensary opens close to those homes. The researchers compared the data for new homes in Denver, Colorado that were within quarter a mile, half a mile and three-quarters of a mile from a newly opened dispensary. The researchers discovered that the biggest increase (7.7 percent) in price occurred in the price of homes that were within quarter a mile from the cannabis dispensary. The homes that were within half a mile (but…

MondayDec 17, 2018 9:45 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Hires Key Personnel, Plans to Expand Lab Staff for R&D in 2019 and Issues Stock Options

LXRP is putting its growth plan into effect, adding a new corporate controller, a head of its legal division and more office staff; in 2019, it will also be increasing its lab personnel As a result of the latest positions created, the company is issuing 240,000 new stock options with an exercise price of $1.06 that will vest as to 80,000 per year until April 15, 2021 LXRP has a growing IP portfolio of 10 patents granted in the U.S. and Australia; it has filed for more than 50 patents worldwide across 10 patent families Lexaria Bioscience Corp. (CSE: LXX)…

MondayDec 17, 2018 9:15 am

Green Hygienics Holdings Inc. (GRYN) Can Grow Cannabis at Lower Cost with Aeroponics

Global legal marijuana market to reach $146.4 billion by 2025 Aeroponic systems produce higher quality at lower cost Green has low-cost aeroponic cannabis cultivation system The global cannabis market is proving to be a precocious new kid on the block. In 2010, respected Harvard economist Jeffery Miron conservatively estimated the U.S. marijuana market to be around $14 billion. Back then, just 11 states – Arizona, California, Hawaii, Michigan, Montana, Nevada, New Jersey, New Mexico, Rhode Island, Vermont and Washington – had legalized medical marijuana, and no state had legalized adult recreational use. However, in April 2018, a report from Grand…

MondayDec 17, 2018 9:00 am

Payment Technology Innovator Net Element, Inc. (NASDAQ: NETE) Honored with ACQ5 Awards for Game-Changing Presence

Net Element recognized as Payment Solutions Provider of the Year and Scale-up Company of the Year (Payment Solutions) by industry leaders Company CEO Oleg Firer received news magazine ACQ5’s ‘Gamechanger of the Year’ award Net Element’s quarterly report shows growing revenues as company provides specialized payment solutions to varied industries Mobile payment technology innovators at Net Element, Inc. (NASDAQ: NETE) were recognized for their visionary approach to the global payment services industry this month when international corporate magazine news site ACQ5 announced its annual Global Awards (http://cnw.fm/jl91Y) honoring companies “whose activities set the standard for their markets.” Net Element, a…

MondayDec 17, 2018 4:20 am

420 with CNW – Medical Marijuana May Soon Be Allowed in Federally Subsidized Housing

The New York and New Jersey regional officer of the Department of Housing and Urban Development (HUD), Lynne Patton, has revealed that there is a need to reconcile state and federal marijuana laws so that individuals who are using medical marijuana in locations where it is legal don’t risk losing federally subsidized housing. She was reacting to media reports about a 78-year old man (John Flickner) who had been evicted from his apartment in Niagara Falls, New York due to his use of medical cannabis. Lynne Patton went on to reveal that she was working to get Flickner back into…

FridayDec 14, 2018 4:20 pm

420 with CNW – UN Committee Delays Release of Cannabis Scheduling Recommendations

The Expert Committee on Drug Dependence (ECDD) of the World Health Organization (WHO) met in November to discuss whether the scheduling of marijuana should be revised from its current status as a Schedule 1 substance to another less restrictive category. In a surprise move, the expected release of their findings has been postponed to January instead of this month as had earlier been indicated. The ECDD called for, and received input from various stakeholders regarding various aspects of cannabis, such as its medicinal value as well as evidence of abuse or overdose incidents. The response to this call was massive,…

FridayDec 14, 2018 1:27 pm

Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) Provides Technology for Clear and Healthy Skin

Uses heat and light energy to provide non-invasive and pain-free skin care InterceptCS™ provides cold sore prevention with controlled topical heat TherOZap™ relieves symptoms caused by insect and marine life bites and stings, holds potential for inhibiting mosquito-borne viruses A third product is in development to treat joint pain through the combination of cannabis and thermal technology Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) is a progressive medical device technology company focused on serving the $21 billion cosmeceutical industry by providing products, devices and treatments that address dermatological needs. The company believes that clear and healthy skin should not be…

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