NewsRoom Articles - Page 491 of 602

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…

FridayDec 28, 2018 10:33 am

ChineseInvestors.com, Inc. (CIIX) Appoints Alex Hamilton as CFO of Subsidiary as it Offers CBD-Based Products to Mainland China

Alongside its traditional set of offerings for the Chinese-speaking investment community, ChineseInvestors.com is making strategic moves to capitalize on the burgeoning CBD oil industry Alex Hamilton has been appointed as chief financial officer of subsidiary company CBD Biotechnology, LTD ChineseInvestors.com recognizes the unprecedented industry potential of CBD-based nutrition and wellness products and hopes to offer them to mainland China ChineseInvestors.com, Inc. (OTCQB: CIIX), a premier provider of financial information to Chinese-speaking investors in the United States and China, recently announced the appointment of Alex Hamilton as chief financial officer of CBD Biotechnology, LTD, the company’s wholly owned subsidiary. Hamilton will…

FridayDec 28, 2018 9:57 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) to Attend Cantech Investment Conference 2019, January 29-30 in Toronto

Summit will highlight 100+ leading technology firms in the international cannabinoid-derived pharmaceuticals space; more than 3,500 investors are expected to attend LXRP is a drug delivery platform innovator with a growing IP portfolio of 10 patents granted and more than 50 patents filed globally LXRP out-licenses its delivery technology, such as its proprietary DehydraTECH; it holds a patent for oral delivery of all cannabinoids Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX), a drug delivery platform innovator, will exhibit at the Cantech Investment Conference 2019, taking place on January 29-30 in Toronto, and it will participate in a specialized event where…

FridayDec 28, 2018 4:20 am

420 with CNW – Oregon Eases Access to Medical Marijuana

The authority in charge of overseeing cannabis in Oregon (the Oregon Liquor Control Commission) has released new rules that will make it easier for patients to access medical marijuana. The new rules that are set to take effect tomorrow (December 28) will allow marijuana to be delivered to those areas where the local authorities have passed ordinances banning any marijuana-related business activity within their jurisdictions. The new provision of the rules is welcome news to patients and caregivers because they will no longer have to travel long distances in order to replenish their medical cannabis supplies. Additionally, the new rules…

ThursdayDec 27, 2018 4:20 pm

420 with CNW – Cannabis Legalization Has Reduced Smuggling and Improved Border Security, Study Finds

A new study has shown that the legalization of marijuana in different states has reduced drug smuggling and made the Southern U.S. border safer. This research was conducted by the Cato Institute. The Cato Institute analyzed data on how much marijuana has been seized by Border Patrol agents over time. Customs and Border Protection (CBP) regularly releases statistics about the different drugs that have been seized at the different ports of entry into the country. The analysis shows that over a period of five years, the quantity of marijuana smuggled has reduced by a whopping 78 percent. Similarly, the amount…