NewsRoom Articles - Page 509 of 604

FridayNov 09, 2018 4:20 am

420 with CNW – Why US Cannabis Companies Are Listing in Canada

Over the coming months and years, more and more U.S. cannabis companies are likely to move north in order to list on stock exchanges in Canada. Many short term and long-term interests are driving this move. First, Canada recently legalized recreational cannabis years after medical cannabis was permitted in that country. This means that the uniform laws in Canada make that country more attractive (for now) than the U.S. where marijuana companies operating in legal states must constantly look over their shoulders in fear because the federal authorities can take action against them for violating federal laws. Legitimate cannabis companies…

ThursdayNov 08, 2018 4:20 pm

420 with CNW – Colorado Jury Rejects RICO Act Claim Against Marijuana Company

A few days ago, we reported about a landmark case in Colorado that had the potential to set a precedent that could have huge implications for the cannabis industry across the US. In that lawsuit, a couple sued a marijuana grow facility for making the plaintiffs’ property “lose value” due to the smell coming from the indoor cultivation facility. That case was the very first of its nature to reach a jury and the entire cannabis industry watched with bated breath to see what decision will be made once the hearings end and the jury retires to make its verdict.…

ThursdayNov 08, 2018 11:22 am

Sugarmade, Inc. (SGMD) Signs $40 Million Definitive Agreement to Acquire Sky Unlimited

Sugarmade invests in products and brands with considerable revenue potential The company is moving ahead into the industrial hemp space Sugarmade recently announced the signing of a binding Definitive Agreement to acquire Sky Unlimited, LLC Sugarmade, Inc. (OTCQB: SGMD) is a product and brand marketing company based in Monrovia, California. It invests in products and brands with disruptive potential and focuses on growth via brand expansion and acquisition. The company has diverse business operations in varied marketplaces. These include packaging and paper goods for different industries, as well as agricultural supplies. The company’s brands include ZenHydro.com, CarryOutSupplies.com, BudLife, Cannabis Storage…

ThursdayNov 08, 2018 9:45 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Private Placement Raises Gross Proceeds of $1.5M; Funds Allocated for Canadian Lab, R&D

Increased size of non-brokered private placement raises gross proceeds of $1,515,440, to be used to fund construction of new Canadian lab, LXRP's R&D and general corporate purposes LXRP has received two new U.S. patents related to cannabinoid infused beverage compositions using DehydraTECH; the company is a drug delivery innovator The company has expanded its IP portfolio, giving it a total of 10 patents in its first family in the U.S. and Australia; it has 50 patent applications globally and out-licenses its technology Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has raised, in a non-brokered private placement, a total of $1,515,440.…

ThursdayNov 08, 2018 4:20 am

420 with CNW – Mexico Could Soon Legalize Recreational Marijuana

As the U.S. is still grappling with how to deal with the legalization of recreational cannabis in Canada, its challenges are likely to increase if what is happening in its other neighbor’s legal system results in the legalization of recreational pot. Last week, the Supreme Court in Mexico made two rulings to the effect that it was unconstitutional to prevent adults from consuming marijuana if they so wished. The cases that resulted in those rulings had been filed by individuals who were challenging the constitutionality of stopping them from consuming recreational marijuana. The court observed that adults have the right…

WednesdayNov 07, 2018 4:20 pm

420 with CNW – Study Explains Why Cannabis Affects Men and Women Differently

A recent review of animal studies has found that the differences in the way men and women are affected by marijuana aren’t just a social or cultural construct. The review found that those differences are rooted in biology (the differences between the genders). The findings of the review appeared in the journal Frontiers in Behavioral Neuroscience. The review explored the relationship between sex hormones like estrogen (estradiol), progesterone and testosterone on the endocannabinoid system in the body. That endocannabinoid system has similar (cannabinoids) chemicals to those found in cannabis. The researchers found that males are more likely to try marijuana…

WednesdayNov 07, 2018 12:31 pm

Plus Products Inc. (CSE: PLUS) is “One to Watch”

California consumers purchased $180 million worth of cannabis-infused food and drinks in 2017 – 10% of the state’s total marijuana sales – with that percentage rising to 18% in February 2018. Cannabis-infused gummies have a much wider appeal since they are less conspicuous to consume and provide a smoke-free experience Advances in technology allow manufacturers of cannabis-infused edibles to tweak concentrations of THC and CBD The Specialty Food Association has named cannabis edibles as one of the Top 10 food trends of 2018 Plus Products Inc. (CSE: PLUS) is a branded cannabis-infused products manufacturer of edibles created to support a…

WednesdayNov 07, 2018 12:12 pm

Golden Developing Solutions, Inc. (DVLP) Stands Out as an Emerging Leader in the North American Cannabis Market

Company currently has two cannabis-focused divisions: cannabidiol (CBD) products and ancillary software Company recently acquired Where’s Weed and its primary asset, www.WheresWeed.com Consumers have placed more than 76,000 orders with dispensaries through the Where’s Weed app since it was launched in January 2018 Golden Developing Solutions, Inc. (OTC: DVLP), a development-stage company offering business services and products that support the cannabis industry, is an emerging cannabis leader working to take cannabis culture to the next level. Within the booming and rapidly transitioning legal cannabis market, DVLP stands out with two separate divisions: cannabidiol (CBD) products and ancillary software. On the…

WednesdayNov 07, 2018 11:52 am

Sugarmade, Inc. (SGMD) Invests in Hempistry to Reinforce Its CBD Market Position

Sugarmade invests $1 million in Hempistry through common stock to boost ultra-high CBD hemp growing The U.S. industrial hemp market is projected to hit $1 billion in revenue in 2018 Legislative process underway to legalize commercial production of industrial hemp by removing it from the Controlled Substances Act Sugarmade, Inc. (OTCQB: SGMD) is a product and brand marketing company that targets brands with disruptive potential and invests in them. Currently, the company has made a commitment to invest in Hempistry Inc. to the tune of $1 million. This investment will boost Hempistry’s efforts to produce ultra-high CBD-content hemp that is…

WednesdayNov 07, 2018 11:33 am

Medical Cannabis Payment Solutions (REFG) Benefits as Cannabis is Legalized in More US States; Legislators Eye Federal Approval Bills in 2019

A total of 31 states plus D.C. have legalized medical marijuana, and nine states and D.C. have legalized recreational marijuana in the U.S.; recreational marijuana is now legal across Canada Legislators predict in a presentation at George Washington University that bills to legalize marijuana nationally will be introduced in Congress in 2019 REFG would benefit from cannabis legislation as a payment processor within the industry with its Green digital processing system and as owner of a licensed hemp grower/processor Medical Cannabis Payment Solutions (OTC: REFG) stand to gain if the predictions of two legislators that federal cannabis legalization bills will…