NewsRoom Articles - Page 491 of 591

WednesdayNov 28, 2018 9:00 am

Political Change and E-commerce Drive Ongoing Growth for Cannabis Industry

CannabisNewsWire Editorial Coverage: Years of steady growth in the cannabis industry are expected to continue. Cannabis industry forecasts anticipate revenues of $146 billion by 2025. Individual U.S. states are already seeing cannabis sales exceed $1 billion in a year. The departure of Jeff Sessions and expected passage of the Farm Bill will bolster these profits. E-commerce is helping cannabidiol (CBD) products reach a growing market. SinglePoint, Inc. (OTCQB: SING) (SING Profile) is showing how much technology can boost the industry, with support software and an online store. Terra Tech Corp. (OTCQX: TRTC) is also profiting from supporting producers, through the…

WednesdayNov 28, 2018 4:20 am

420 with CNW – Cannabis PTSD Study Finally Secures Target Number of Participants

A team of researchers interested in finding out whether cannabis could treat PTSD (post-traumatic stress disorder) among veterans finally registered its 76th study participant on Veterans Day. The Scottsdale Research Institute located in Phoenix, AZ got permission from the FDA to conduct the research in 2010. The researchers then started recruiting study participants in 2016 but hit several speed bumps in their efforts to get the required minimum number of participants (76 veterans). First, the researchers were denied access to the veterans’ hospital just 20-miles away from the facility where the research is being conducted. The Veterans Affairs department refused…

TuesdayNov 27, 2018 4:20 pm

420 with CNW – Could Franchising Be the Future of the Cannabis Industry?

As the Marijuana Business Conference came to an end in Las Vegas last week, a new business structure was mooted for the cannabis industry. Franchising. Some industry players are considering starting cannabis dispensary chains that would be the McDonalds and Starbucks of the cannabis industry. The idea of franchise businesses in the cannabis industry is appealing at several levels. First, consumers in America have been trained to consume products from trusted brands. That is why McDonalds and Starbucks get more clients than independent burger or coffee shops. Franchises in the cannabis industry would tap into the brand loyalty already instilled…

TuesdayNov 27, 2018 11:35 am

Medical Cannabis Payment Solutions (REFG) Offers First-Rate, End-to-End Payment Processing System to the Legal Cannabis Industry

Medical Cannabis Payment Solutions serves the legal cannabis industry with a first-class, end-to end payment processing system Its payment architecture is called “Go” The company’s is committed to helping businesses process payments securely Medical Cannabis Payment Solutions (OTC: REFG) provides payment and management solutions to the legal cannabis industry. The company serves this industry with a premier end-to end payment processing system. This proprietary payment system is called “Go.” A FinCEN (Financial Crimes Enforcement Network) compliant enterprise, Medical Cannabis Payment Solutions has its corporate office in Cheyenne, Wyoming. Marijuana Business Daily noted in a June 2018 article that the industry…

TuesdayNov 27, 2018 9:00 am

Cannabis Boom Fuels Mergers and Acquisitions in Hydroponics and Beyond

CannabisNewsWire Editorial Coverage: The rapid growth of the cannabis sector is pushing companies to innovate expansion strategies. Among the companies affected are hydroponics suppliers, which sell vital equipment to cultivators. Hydroponics companies, like others in cannabis, are using mergers and acquisitions to benefit from a bullish market. A recent trade show in Las Vegas saw companies on the hunt for future acquisitions. Other companies are seeking outside investment or partnerships to increase their presence. Hydroponics supplier Sugarmade, Inc. (OTCQB: SGMD) (SGMD Profile) has leaned into the current trend for mergers, with a big acquisition and open plans for future growth.…

TuesdayNov 27, 2018 9:00 am

Departure of US AG and Democratic House Control Improve Prospects for Hemp Industry

CannabisNewsWire Editorial Coverage: Recent changes in Washington, D.C., are good news for the U.S. hemp industry. The recent departure of Jeff Sessions from the Attorney General’s Office may make it easier for states to enforce their own laws in relation to cannabis and hemp legalization. The Democratic majority in the House may ease the passage of the delayed Farm Bill. These changes could improve the prospects for hemp and cannabis producers. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile) is a pioneer in the hemp industry, with trial cultivation operations under way in Washington and a range of hemp-derived…

TuesdayNov 27, 2018 9:00 am

Why Companies Are Buying Up Assets in the American Cannabis Market

CannabisNewsWire Editorial Coverage: Canada became the first country in the G8 to legalize recreational cannabis. With all the buzz surrounding Canada’s cannabis boom, savvy investors have begun to assess the U.S. market, focusing on companies such as Chemistree Technology, Inc. (CSE: CHM) (OTCQB: CHMJF) (CHMJF Profile), which in July 2018 purchased a suite of physical assets, currently under lease to Sugarleaf Farm LLC, a I-502 Tier 3 licensee located in Sedro Woolley, Washington. This moved was fueled by movement north in Canada, including large Canadian cannabis companies such as Origin House (CSE: OH) (OTCQX: ORHOF) and Namaste Technologies (TSX.V: N)…

TuesdayNov 27, 2018 4:20 am

420 with CNW – Marijuana Has No Effect on Kidney Transplant Outcomes, Research Finds

In the U.S., people who admit using or test positive for cannabis are routinely denied kidney transplants or turned away when they offer to donate their kidneys. This practice has gone unchallenged until a recent study proved that marijuana doesn’t affect the outcomes of kidney transplant surgery. The research to find out how marijuana affects recipients of kidneys during and after the transplant surgery was partly inspired by the story of a man in Maine who was denied a kidney and even removed from the waitlist because he was a user of medical cannabis. A group of researchers reviewed the…

MondayNov 26, 2018 4:20 pm

420 with CNW – Association of Local Authorities Calls for US Federal Cannabis Decriminalization

The U.S. National League of Cities (NLC) sat early this month and passed a number of resolutions appealing to the federal government to review its policy and laws on marijuana. The NLC represents more than 19,000 cities, towns as well as villages across the U.S. The organization was founded back in 1924 and it aims at empowering local governments around the country. Their conference early this month passed two important resolutions on the issue of cannabis policy reform. First, the conference passed a resolution calling on the federal government to end the ambiguity between federal and state laws on the…

MondayNov 26, 2018 12:11 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Improves Access to Canadian Provincial Cannabis and Liquor Boards

Recently announced a supply partnership with Velvet Management Inc. naming TGOD as its exclusive certified organic producer Operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian recreational market Committed to becoming the global leader in organic cannabis brands Current international investments in Jamaica, Poland and Mexico, with further expansion planned in Europe The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), a global producer of farm grown, high quality organic cannabis, has secured a strong entry point with provincial cannabis and liquor boards across Canada through a recently announced…