NewsRoom Articles - Page 493 of 601

WednesdayDec 19, 2018 4:20 am

420 with CNW – South Korea Okays Medical Marijuana

In recent times, South Korea has been in the news for cracking down on cannabis use both locally and abroad. Their embassy in Canada even warned South Korean nationals that they will be prosecuted back home if they used medical or recreational cannabis in Canada or anywhere else. However, the East Asian country passed legislation in late November to allow the use of cannabis for medical purposes. This makes it the first East Asian country to do so. The Food and Drug Safety ministry announced that epilepsy sufferers and those struggling with other rare diseases will be able to access…

TuesdayDec 18, 2018 4:20 pm

420 with CNW – New York Governor Speaks on Impending Cannabis Legalization

Traditionally, state Governors outline their plans during the State of the State address in January. However, New York State Governor Andrew Cuomo has opted to deliver his address early (on Monday, December 17). He talked about his priorities for the first 100 days in office. The issues discussed included his views on the legalization of recreational cannabis in the state. Gov. Cuomo said that adult-use cannabis should be permitted “once and for all”, and he pledged to see this done within a few months from the start of the new Democrat-dominated legislature in January. In his speech, it was clearly…

TuesdayDec 18, 2018 10:00 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Achieved a Number of Strategic Milestones in 2018

Recently released Q3 2018 results provide evidence of production capacity enhancement and strengthening of the company’s international position To support its growth, The Green Organic Dutchman has also hired a number of reputable senior executives to fill key positions in the management team Milestones achieved throughout 2018 have granted the company a positive review from one of the world’s leading global investment banking entities Recent passage of the U.S. government’s farm bill legalizes hemp production Recent company announcements reveal the numerous important milestones that The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company,…

TuesdayDec 18, 2018 9:45 am

Youngevity International, Inc. (NASDAQ: YGYI) Operating in High Growth Industries with Innovative Products and Services

Youngevity International offers unique products and a compelling business opportunity The company offers an array of products under one corporate entity Youngevity has its innovative HempFX product line A foremost omni-direct lifestyle company, Youngevity International, Inc. (NASDAQ: YGYI) offers products from the top eight selling retail categories. In addition, it offers a fusion of the direct selling business model. The company has a growing line of products coupled with its innovative business opportunity. Youngevity International is based in Chula Vista, California. The company was added to the Russell Microcap Index in June 2018. Fundamentally, Youngevity International is a virtual global…

TuesdayDec 18, 2018 9:30 am

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Teams with Premium US Brand Khalifa Kush to Build Canadian Product

The Supreme Cannabis Company’s five-year partnership with KKE Canada will include brand management and cultivation consulting Deal marks the international expansion of popular Khalifa Kush premium brand Agreement builds on Supreme Cannabis’ development of 342,000-square-foot facility Supreme Cannabis’ 7ACRES subsidiary recently received ‘Brand of the Year’ honors from 2018 Canadian Cannabis Awards Premium cannabis brand The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) is building on the successes of an expansion and marketing effort that brought in a 229 percent year-over-year sales growth during the past year, thanks largely to its high-quality 7ACRES brand. The company announced…

TuesdayDec 18, 2018 9:00 am

California Cannabis Market Offers Growth for Cultivation Suppliers as Authorities Tackle Licensing Backlog

CannabisNewsWire Editorial Coverage: Growth in the Californian cannabis industry, currently restricted by licensing delays, is expected to accelerate over the coming months, bringing profits for suppliers of cultivation equipment. California is one of the largest recreational cannabis markets in the world. Recent delays in issuing cannabis licenses in California seem to be approaching an end. Outside California, the growing global reach of the cannabis industry is drawing interest from significant international investors. Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) is one of the companies set to profit from this acceleration, thanks to its sales of hydroponic equipment to cannabis cultivators. Tilray,…

TuesdayDec 18, 2018 9:00 am

Medical Cannabis Payment Solutions’ (REFG) ‘Go’ Creates a Digital Payment Processing Environment for Legalized Cannabis Businesses

REFG’s Go delivers a compliant cashless and digital world for legalized cannabis transactions by dispensaries and merchants; retailers and consumers can sign up for Go online REFG is a hemp grower that owns SpeedyGrow, licensed in Colorado; it has established itself as a leader in payment processing by handling some 60 million transactions monthly The company’s goal is transactional safety and accuracy; it operates within Financial Crimes Enforcement Network (FinCEN) guidelines and offers a transparent and approved environment Medical Cannabis Payment Solutions’ (OTC: REFG) ‘Go’ is a processing system which offers cannabis dispensaries, merchants and customers a digital payment program…

TuesdayDec 18, 2018 4:20 am

420 with CNW – Utah Seeks Cannabis Program Manager After Prop 2 Passes

The Mormon Church, lawmakers and other stakeholders formulated a compromise bill to legalize medical marijuana long before Prop 2 was voted on in the midterm elections. This compromise deal enabled the different factions to cede some ground on their hard stance about medical marijuana and Prop 2 became a pawn to shape how the final legislation would appear depending on which side won the polls. Now the polls are over and a law is in place to operationalize the medical cannabis program. In light of this development, Utah published an online advert calling for interested individuals to apply for the…

MondayDec 17, 2018 4:20 pm

420 with CNW – Study Finds Proximity to Cannabis Dispensaries Increases New Home Prices

A recent study whose findings were published in the Contemporary Policy journal shows that prices of new homes jump by up to 7.7 percent in case a cannabis dispensary opens close to those homes. The researchers compared the data for new homes in Denver, Colorado that were within quarter a mile, half a mile and three-quarters of a mile from a newly opened dispensary. The researchers discovered that the biggest increase (7.7 percent) in price occurred in the price of homes that were within quarter a mile from the cannabis dispensary. The homes that were within half a mile (but…

MondayDec 17, 2018 9:45 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Hires Key Personnel, Plans to Expand Lab Staff for R&D in 2019 and Issues Stock Options

LXRP is putting its growth plan into effect, adding a new corporate controller, a head of its legal division and more office staff; in 2019, it will also be increasing its lab personnel As a result of the latest positions created, the company is issuing 240,000 new stock options with an exercise price of $1.06 that will vest as to 80,000 per year until April 15, 2021 LXRP has a growing IP portfolio of 10 patents granted in the U.S. and Australia; it has filed for more than 50 patents worldwide across 10 patent families Lexaria Bioscience Corp. (CSE: LXX)…