NewsRoom Articles - Page 495 of 600

WednesdayDec 12, 2018 4:20 am

420 with CNW – New Zealand Passes Medical Cannabis Bill

The government of New Zealand passed the medical cannabis bill earlier today (December 11). The bill provides a legal defense to anyone prosecuted for consuming medical cannabis during the time when a scheme has not yet been established to regulate how medical cannabis can be accessed. The bill stipulates that the regulatory framework for access to medical cannabis should be in place within 12 months after the bill was passed. In the meantime, those who are terminally ill and are undergoing palliative care or are otherwise in the final stages of terminal illnesses can use cannabis and rely on the…

TuesdayDec 11, 2018 4:20 pm

420 with CNW – Hemp Legalization Could Pave the Way for Marijuana Decriminalization

The Farm Bill of 2018 is getting its final touches to reconcile the versions approved by Congress and Senate. The bill will allow the cultivation of hemp, a plant that has for long been a controlled substance alongside cannabis. Marijuana advocates see the legalization of hemp as a precursor of what will inevitably happen with regard to cannabis since both plants belong to the same family. Hemp contains just trace amounts of THC (tetrahydrocannabinol) and is rich in CBD (cannabidiol) while cannabis has a high CBD and THC content. Hemp has often been called “industrial hemp” because of its numerous…

TuesdayDec 11, 2018 11:25 am

Sugarmade, Inc. (SGMD) is Introducing Brands to Disrupt the Cannabis Industry

Investing in products and brands with disruptive potential in the hydroponics and cannabis industries Utilizing advancements in hydroponics and modified atmosphere technology to produce a higher yield and longer shelf life Meeting a growing demand for hydroponic cultivation of cannabis Sugarmade, Inc. (OTCQB: SGMD), a hydroponics supply company involved in various hyper-growth business segments, has established itself by investing in products and brands with disruptive potential. By expanding business operations across diverse marketplaces, the company continues to maximize stakeholder and shareholder value. SGMD focuses on a number of quality products, and customers keep coming back for more. A few of…

TuesdayDec 11, 2018 4:20 am

420 with CNW – Federal Report Shows More Banks Doing Business with Cannabis Companies

A quarter-three report for 2018 released by the Treasury Department’s FinCEN (Financial Crimes Enforcement Network) shows that the number of financial institutions that are doing business with marijuana businesses has increased by 20 percent from what it was at the start of this year. The data gathered by FinCEN shows that 111credit unions and 375 banks had cannabis businesses as clients by the end of September. This latest report has no surprises since previous quarterly reports by the agency showed a steady increase in the number of financial institutions willing to work with cannabis businesses even if national laws regard…

MondayDec 10, 2018 4:20 pm

420 with CNW – Alaska Credit Union Opens Its Doors to Cannabis Businesses

Credit Union 1 in Alaska has announced that it will begin a pilot program of offering financial services to cannabis businesses in the state. This pilot program is scheduled to start in the first six months of 2019. The step taken by Credit Union 1 is a brave one because the majority of the financial institutions in the country are hesitant to have cannabis businesses as clients due to the prohibitions at the federal level. Credit Union 1 is chartered at the state level. The Credit Union revealed that it was driven by security concerns when making the decision to…

MondayDec 10, 2018 12:52 pm

SinglePoint, Inc. (SING) Expects Record Revenue in 2018, Announces New Strategic Developments

Anticipated SinglePoint revenue for 2018 will reach $1 million, a record-breaking amount for the company Plans for 2019 will focus predominantly on acquisitions and portfolio expansion SingleSeed.com hemp CBD distribution line continues growth and adds additional products to portfolio SinglePoint, Inc. (OTCQB: SING) recently announced that it is expecting record revenue exceeding $1 million by the end of 2018 (http://cnw.fm/0E1uu). In its annual recap, the mobile payment solutions and ancillary cannabis services/blockchain solutions enterprise also voiced expectations that the growth is to triple in 2019 through additional acquisitions and the expansion of the SinglePoint portfolio. In its annual recap, SinglePoint announced…

MondayDec 10, 2018 12:35 pm

22nd Century Group, Inc. (NYSE American: XXII) Approaching Commercialization of Very Low Nicotine Cigarettes with Premarket Application to FDA

FDA now regulates the tobacco industry 22nd Century files Premarket Tobacco Application (PMTA) with the FDA Company receives order for 3.6 million SPECTRUM U.S. government research cigarettes Since the Family Smoking Prevention and Tobacco Control Act was signed into law by President Barack Obama on June 22, 2009, the playing field for tobacco companies has changed. The Act definitively gives the Food and Drug Administration (FDA) the power to regulate tobacco products, authority which the Supreme Court said in FDA v. Brown & Williamson Tobacco Corp. (2000) that the agency did not have. As a result, the FDA has taken up the banner “as the…

MondayDec 10, 2018 11:21 am

Earth Science Tech, Inc. (ETST) Eyes Growth and Anticipates Hygee Device Certification in 1Q2019; Sets Launch of Two Nutraceutical Products

The company has partnered with Dermagate of Quebec, Canada, for the manufacture of ETST’s Hygee device, which tests women for sexually transmitted infections (STIs) ETST has started the qualification process for the Medical Device Single Audit Program (MDSAP), a new certification program, and plans to grow its portfolio of medical devices in 2019 SeeThruEquity, LLC update projects that ETST will achieve $7.1 million in revenues by FY2020 as it grows its product line and expands into full spectrum cannabinoid beverages Earth Science Tech, Inc. (OTCQB: ETST), a biotech company that markets and develops hemp cannabinoid (CBD) products, sees FY2019 as…

MondayDec 10, 2018 4:20 am

420 with CNW – Missouri Welfare Recipients Uncertain Whether Medical Cannabis Will Affect Benefits

The midterm elections last month saw a large number of Missouri voters turn out to vote in favor of Amendment 2, the ballot measure which was intended to legalize medical marijuana. The passing of that amendment means that Missourians have an extra option to deal with various health conditions, such as PTSD, cancer and Parkinson’s disease. However, those receiving welfare benefits from the state aren’t sure whether the use of cannabis will make them ineligible for the benefits which they rely on for their sustenance. The Department of Social Services in Missouri revealed that it has not yet reached a…

FridayDec 07, 2018 4:20 pm

420 with CNW – Scientists Discover How Marijuana and Hemp Differ

Scientists have for long wondered why the cannabinoids in hemp differ in quantity from those present in cannabis, yet these plants are genetically similar. Research was conducted to generate a chromosome map of cannabis sativa and the findings shed light on this important question. The study brought to light the fact that the THC and CBD composition of hemp and cannabis was largely a product of mutations resulting from viruses that entered the chromosomes of the cannabis plant millions of years ago. The result of that viral invasion at the genetic level was that cannabis split into two distinct variations,…