NewsRoom Articles - Page 490 of 587

FridayNov 16, 2018 4:20 am

420 with CNW – Why Michigan May Have Decided to Levy Lower Cannabis Taxes

Michigan voters approved recreational marijuana in the recent mid-term elections and the state is now one of those with the lowest tax rates for cannabis. Didn’t Michigan need the revenue marijuana can bring? Was it playing for higher stakes? Several arguments can explain why Michigan chose the path it took. First could have been concerns about the black market. The tax policy implemented by any state that legalizes marijuana influences whether consumers keep buying from the black market or switch to the legal product. Michigan seems to have learnt from the pioneer states that legalized cannabis first. California has some…

ThursdayNov 15, 2018 4:20 pm

420 with CNW – Canadian Employers Meet to Discuss Cannabis Legalization Implications

The cannabis forum of the Retail Council of Canada (RCC) met last month to discuss the workplace implications of cannabis legalization. The forum speakers and participants raised some issues that all employers need to think about as they adjust to the new reality in the country. The first issue related to the medical cover provided to employees. Employers were asked to think about how they would respond if employees filed claims for medical cannabis benefits. Does the law compel the employer to provide such cover, or it is left to employers to decide whether to provide those benefits? The second…

ThursdayNov 15, 2018 11:21 am

The Flowr Corporation (TSX.V: FLWR) Leverages Cultivation Skill and R&D Alliance to Boost Earnings Potential

The Flowr Corporation’s stock is rated as a ‘Speculative Buy’ in expectation of above-average profit margins and significant growth Flowr fulfilled orders from three provinces on-time and in-full in advance of October 17 and is preparing re-stocking shipments Investment in a 50,000 square foot cannabis R&D facility expected to keep the company on the cutting edge of cultivation productivity and quality The Flowr Corporation (TSX.V: FLWR) is a Canada-based licensed producer of premium cannabis products. The company invests heavily in its cultivation and R&D teams and facilities in order to produce premium and ultra-premium cannabis that provides a consistent consumer…

ThursdayNov 15, 2018 10:35 am

Rising Hydroponics Company Sugarmade, Inc. (SGMD) Reaps Benefits of Smart Investments and Strategic Market Maneuvers

Recently completed $40 million acquisition of Sky Unlimited, LLC in an effort to diversify Demand for hydroponically grown plants greater than ever Early and healthy investment in hemp solidifies company’s position as a leader in the industry As hydroponic and cultivation sectors are evolving from home operators to larger commercial cultivators, one company is making strides to stay ahead of the industry curve. Sugarmade, Inc. (OTCQB: SGMD), a leading publicly traded hydroponics and restaurant supply company, recently acquired Sky Unlimited, LLC in a move aimed at staying abreast of market trends, diversifying its brands and broadening its global reach. Sugarmade,…

ThursdayNov 15, 2018 9:58 am

Green Hygienics Holdings Inc.’s (GRYN) Rebranded Cannagram Services a Key Platform for Growth Strategy in the Premium Cannabis Industry

Advanced financial and communications are offered by Cannagram Services to the cannabis industry; the platform is expected to position GRYN for vertical expansion and increased exposure Cannagram Services is one of three brands acquired in the Canna Brands Portfolio; others are Myijuana, a sales generating portal, and CoursePro Academy, an educational destination Long term, GRYN plans to expand its IP portfolio of brands first domestically, then globally, as a suite of products that will establish the company as a leader in the premium grade cannabis market Green Hygienics Holdings Inc. (OTC: GRYN) eyes its rebranded Cannagram Services as a vital…

ThursdayNov 15, 2018 4:20 am

420 with CNW – Greenhouses Could Eliminate the Cannabis Black Market

Canada has seen a number of cannabis cultivators shifting to the use of greenhouses instead of growing the crop in indoor grow rooms. This new development could mark the final days for the cannabis black market in Canada and elsewhere. Greenhouses can drive down the cost of legal marijuana in several ways. As you may know, land accounts for one of the biggest costs that marijuana cultivators have to incur in order to bring the produce to the market. Indoor grows are located on prime industrial land which costs a fortune. The shift to greenhouses means that cannabis producers can…

WednesdayNov 14, 2018 4:20 pm

420 with CNW – What the World Can Learn from the Dutch about Cannabis

Debate about cannabis has taken center-stage across the world after Canada took the bold decision to legalize recreational marijuana on October 17 this year. As people observe events in Canada, the true lessons about marijuana may lie in Europe, the Netherlands in particular. Several lessons are plain to see for those who are willing to observe how the Dutch have handled the issue of cannabis. Neutral Observation is Important While Nixon’s government declared all-out war on marijuana and other psychoactive substances, the Dutch opted for another approach. They decided to neither outlaw nor legalize cannabis. They “tolerated” it and observed…

WednesdayNov 14, 2018 12:33 pm

Medical Cannabis Payment Solutions (REFG) Offers Unique ‘Green’ Cannabis Industry Payment Processing Solution

The company’s proprietary payment system is called ‘Green’ Medical Cannabis Payment Solutions offers payment and management solutions for medical and recreational dispensaries and businesses It offers commercial operators an option that promotes security in going cashless Medical Cannabis Payment Solutions (OTC: REFG) serves the legal cannabis industry with a first-class end-to-end payment processing solution. This solution is FinCEN (Financial Crimes Enforcement Network) compliant. Its proprietary payment system is called ‘Green’, and the company specifically customized this platform’s technology to be geared toward the cannabis industry. Established in 2013, Medical Cannabis Payment Solutions is based in Cheyenne, Wyoming. The company provides…

WednesdayNov 14, 2018 12:11 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Grows Stronger with Patents and Third-Party Partners

Improving the quality, taste and effectiveness of cannabis products with DehydraTECH Recently granted two new U.S. patents, with over 50 additional patent applications filed worldwide Applications span a wide range of products as the company out-licenses IP to third-party partners through a royalty model Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is using its DehydraTECH to increase the quality, taste and effectiveness of cannabis products. Lexaria’s revolutionary drug delivery platform is disrupting the way cannabidiol enters the bloodstream. Rather than relying on the traditional methods of inhalation, which has harmful lasting impact on a person’s health, DehydraTECH allows for a…

WednesdayNov 14, 2018 11:53 am

Green Hygienics Holdings Inc. (GRYN) Leading the Way with Science-Driven Cannabis Cultivation Systems

Legalization of cannabis use changes for three more U.S. states A critical review of cannabis set to hit the international stage this month 25 years of experience behind the production of a consistent high yield in a controlled, environmentally friendly, organic and pest-free environment Following the U.S. 2018 mid-term votes, 33 states now have laws legalizing cannabis products, with 10 states now having legalized recreational marijuana. NPR reported that voters have relaxed marijuana laws in Michigan, Utah and Missouri, passing amendments that will hopefully inspire Congress to align state and federal marijuana laws (http://cnw.fm/6dFhm). Earlier this year, the United Nations announced…