NewsRoom Articles - Page 493 of 591

MondayNov 19, 2018 4:20 pm

420 with CNW – Highlights of the 2018 Las Vegas Marijuana Business Conference

The 2018 Marijuana Business Conference held in Las Vegas came to an end on Friday last week after drawing record numbers of attendees. Several key issues can be identified from what transpired in Las Vegas during the conference. Approximately 30,000 people were at this marijuana business conference. They ranged from marijuana business owners, vendors of cannabis products and investors gathering information before they make a decision to put money into the industry. Such a huge interest can only confirm that marijuana is arguably the fastest growing industry across the world. This conclusion is valid given the rate at which different…

MondayNov 19, 2018 3:45 pm

Sproutly Canada, Inc. (OTC: SRUTF) (CSE: SPR) (FRA: 38G) is “One to Watch”

Shifting consumer preferences presents potential $4.4 billion Canadian cannabis beverage opportunity Scientific, groundbreaking discovery of naturally water-soluble cannabinoids to disrupt cannabis beverage market Licensed producer with growth potential independent of additional investment in cultivation Superior plant-to-product economics Highly experienced management team Sproutly Canada, Inc. (OTC: SRUTF) (CSE: SPR) (FRA: 38G) is developing and bringing to market cannabis consumer products with a focus on beverages. The company’s core mission is to become the leading supplier of water-soluble cannabis solutions and bio-natural oils for brands in the emerging cannabis beverage and edibles market. To make this happen, Sproutly acquired Infusion Biosciences to…

MondayNov 19, 2018 9:53 am

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4): A CBD Incubator & Accelerator with Global Reach

Global legal marijuana market set for CAGR of 34.6 percent over next seven years Redfund plans internationally diversified portfolio Focused on revenue-producing MMJ, hemp and CBD companies Since a rising tide lifts all boats, the surge in the legal cannabis industry is set to boost the prospects of many an enterprise in the cannabidiol (CBD) space. The global legal marijuana market is projected to enjoy a healthy CAGR of 34.6 percent over the next seven years, reaching $146.4 billion by 2025, according to Grand View Research (http://cnw.fm/cs8Gc). However, just as a boat must do more than simply stay afloat, CBD businesses…

MondayNov 19, 2018 4:20 am

420 with CNW – First Cannabis Restaurant in the UK Set to Open

A restaurant that will offer meals infused with cannabis is due to open in the UK on December 1. The vegetarian and vegan dishes served at this Brighton restaurant will be infused with CBD compounds extracted from the cannabis plant. The Canna Kitchen aims at changing the way people look at marijuana. The range of vegan and vegetarian dishes infused with CBD will show that marijuana isn’t just for recreational use. The restaurant wants to show the different fragrances, flavors, therapeutic and nutritional benefits inherent in the cannabis plant. However, a client will first place an order to have his…

FridayNov 16, 2018 4:20 pm

420 with CNW – Canadian Tech Firms Gear Up For Cannabis Legalization Benefits

The legalization of cannabis in Canada has opened the door for different tech companies to cash in on the new opportunities presented by the cannabis industry. Several companies are testing or offering tech products and the consumers are loving those products. Lobo Genetics is one such Toronto-based tech company that has a bright future if the preliminary interest in its latest product is anything to go by. The company makes a handheld genetic testing device which only requires the user to take a swab from his or her mouth in order to assess whether that individual will metabolize THC (the…

FridayNov 16, 2018 12:02 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Gets ‘Buy’ Rating from Top Investment Bank

Canaccord Genuity initiates coverage of TGOD with C$7.00 price target TGOD expands international footprint to 17 countries with joint venture In Mexico Appoints new CFO, strengthens marketing and compliance with senior appointments Canaccord Genuity has turned bullish on The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), and its reasons are set out in an initiation report. The Canadian producer of organic cannabis is set for international expansion, say analysts from the investment bank’s research division. They have initiated coverage with a “Speculative Buy” rating and a price target of C$7.00 ($5.40), which is almost double the present value…

FridayNov 16, 2018 11:07 am

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Launches Distribution of New Products, Announces Q1 2019 Revenues

Supreme Cannabis Company announces record revenues of $5.14 million for Q1 2019 Company boosts product offerings with coast-to-coast High-End Cannabis line of recreational cannabis Supreme Cannabis continues to build on supply agreements, including first international entry for medical cannabis oil distribution Company boosts profile with acquisition of strategic communications firm Bayfield Strategy, Inc. As the market for cannabis products and recreational marijuana begins to catch fire following Canada’s nationwide full-use legalization of the plant, Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1), operating through wholly owned subsidiary 7ACRES, has positioned itself to provide premium High-End Cannabis coast-to-coast while…

FridayNov 16, 2018 10:46 am

ChineseInvestors.com, Inc. (CIIX) Leverages MJ Biz Con Event for Visibility and Investor Traction

CIIX announces an official media partnership with Marijuana Business Daily for its flagship event, MJ Biz Con ChineseInvestors.com, Inc. leveraging MJ Biz Con visibility to enhance investor community traction CIIX CEO sees a positive growth outlook for 2019 in the industrial hemp cannabidiol product line ChineseInvestors.com, Inc. (OTCQB: CIIX) has grown to be a leading financial information website targeting Chinese investors in the U.S. and elsewhere. Founded in 1999, the company focuses on providing real-time market analysis, commentary and education-related services. In addition, CIIX offers consultative services aimed at small private companies, advertising services and public relations support products. The…

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…