NewsRoom Articles - Page 492 of 588

WednesdayNov 14, 2018 4:20 am

420 with CNW – Mexican Government Drafts Law to Legalize Marijuana

The incoming government of Andres Manuel Lopez Obrador in Mexico has drafted a bill which is likely to see medical and recreational cannabis legalized once Congress passes it. The bill is intended to change the approach that Mexico has been taking to fight crime. The past 12 years have seen escalations in violence and poverty as the country fought to bring down the organized crime networks built around the illicit cultivation and sale of cannabis within and beyond the borders of Mexico, especially to the U.S. Olga Sanchez, the Interior Minister-nominee, said that it was now time to bring peace…

TuesdayNov 13, 2018 4:20 pm

420 with CNW – Attorney for Oregon Selected to Head Marijuana Group

The head of the federal prosecutors in Oregon has been selected to lead the U.S. Attorney General’s Marijuana Working Group. This group is made up of all the federal prosecutors in the states where cannabis is legal in some form (recreational and, or medical). Billy Williams of Oregon will lead this 16-member panel. The panel examines how the different states are handling matters of law enforcement, policy and practices with regards to marijuana. The committee isn’t a new creation. It existed long before Donald Trump took office. The panel is part of the sub-committee which advises the U.S. Attorney General…

TuesdayNov 13, 2018 11:14 am

Cannabis Strategic Ventures, Inc. (NUGS) High on Emerging Market’s Potential

Advance of cannabis legalization efforts in Canada and the United States bode well for cannabis industry Cannabis Strategic Ventures focused on incubating enterprising new talent and, now, cultivating cannabis product Cannabis industry expected to see $32 billion in annual trade within next five years Canada’s completion of its efforts to legalize cannabis for a full range of uses last month, coinciding with a few U.S. state votes on potential uses of cannabis this month, highlights the advancing popularity of adopting the plant for widespread commercialization, and Cannabis Strategic Ventures, Inc. (OTC: NUGS) is helping to foster serious businesses that want…

TuesdayNov 13, 2018 10:55 am

Earth Science Tech, Inc. (ETST) “Positioned to Compete” in CBD Market that’s Projected to Reach $2.1B by 2020, Per SeeThruEquity

SeeThruEquity, LLC, in coverage update, projects that ETST will reach $7.1 million in sales in FY2020 as it grows its product line and expands into full spectrum cannabinoid beverages ETST’s ‘As Seen On TV’ campaign, with television celebrity Kevin Harrington as spokesperson, is expected to help drive company sales in the CBD market to $2.2 million by FY2019 Leading factors in forecast growth include company’s targeting of a fast-growing sub-segment of the market in hemp-derived CBD, as well as the expanded retail distribution of its product line, according SeeThruEquity research Earth Science Tech, Inc. (OTCQB: ETST) is seen by research…

TuesdayNov 13, 2018 10:19 am

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is “One to Watch”

The first medical cannabis incubator and accelerator financing medical cannabis, CBD and hemp companies through a debt facility Well-positioned to gain market share in the emerging cannabis market Global legal marijuana market projected to be $146.4 billion by 2025 Pursuing opportunities in emerging markets and the unique market conditions in the cannabis industry enable unique growth for the company Robust loan portfolio consisting of diverse, successful players in the cannabis industry Actively looking beyond borders and creating global companies with strong fundamentals that are ready for expansion Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is a merchant bank…

TuesdayNov 13, 2018 9:00 am

Growing Cannabis Industry Creates Space for New Strategies

CannabisNewsWire Editorial Coverage: As the cannabis industry continues to grow, companies are using a variety of strategies to secure their places within the sector. The cannabis sector, currently worth over $9 billion in North America, is expected to hit $57 billion globally by 2027. This growth is being fueled by changes in the legal climate and a range of business strategies. These strategies range from R&D focus to M&A, vertically integrating supply channels in the process. Youngevity International, Inc. (NASDAQ: YGYI) (YGYI Profile), a relative newcomer to the sector, is bringing its vertically integrated strategy from the coffee market to…

TuesdayNov 13, 2018 4:20 am

420 with CNW – Stanford Research Shows Marijuana Improves the Sex Life of Women

Researchers at Stanford University were intrigued by the numerous reports on the internet claiming that cannabis was beneficial to the sex lives of women. The researchers therefore decided to put that anecdotal evidence to the test. The results, published in the Journal of Sexual Medicine, confirmed that women had better sexual experiences if they consumed cannabis before indulging in sex. Don’t imagine that bespectacled old scientists stood by with their microscopes and other instruments in order to measure what was happening as the study’s subjects had sex. No, nothing of the sort happened. Instead, an Obstetrics/Gynecology (ObGyn) clinical practice was…

MondayNov 12, 2018 4:20 pm

420 with CNW – The Largest Cannabis Store in the World Opens in Las Vegas

What happens in Vegas, stays in Vegas? Not so, if the recently opened recreational cannabis megastore is anything to go buy. Las Vegas has always been known for setting the bar when it comes to giving people a good time, but the level to which “Planet 13” has taken cannabis will send waves around the world due to its massive size and opulence. Nevada State Senator Tick Segerblom summarized it well in his opening remarks when he said, “Welcome to Amsterdam on steroids!” Amsterdam, the Dutch capital, has previously held the record for being the best destination for those who…

MondayNov 12, 2018 10:00 am

Cannabis Strategic Ventures, Inc. (NUGS) Gearing Up to Grow More than 200,000 Square Feet of Product

Supply shortfalls bedevil California cannabis NUGS on the lookout for grow facilities with existing infrastructure Cultivation capability expected to complement retail and distribution divisions The decision by enterprising California outfit Cannabis Strategic Ventures, Inc. (OTC: NUGS) to enter the cannabis cultivation space could not have come at a better time (http://cnw.fm/gX53e). Supply in California is struggling to satisfy demand, resulting in a shortage of compliant product statewide. Even though the supply bottleneck is not entirely unexpected given the size of California’s market, which is projected to cross the $5 billion mark by 2019, it has been aggravated by new, tighter regulations…

MondayNov 12, 2018 4:20 am

420 with CNW – South African Cannabis Workshop Tickets Sell Out in Record Time

The first weekend of November witnessed the first ever cannabis grow workshop in Cape Town, South Africa. Event tickets were sold out in two days flat after the organizer, Grant Taylor, went to social media to announce the event. He said that the idea of organizing a workshop on how to grow marijuana was motivated by two things. First, the Constitutional Court ruled recently that adults were free to grow and consume cannabis in South Africa as long as it wasn’t sold or consumed in public. Secondly, Grant had previously tried to grow something and he had failed miserably. He…