NewsRoom Articles - Page 512 of 587

ThursdaySep 13, 2018 9:00 am

The CBD Bonanza on the Horizon

CannabisNewsWire Editorial Coverage: Leveraging ever-expanding scientific evidence of the therapeutic efficacy of CBD (cannabidiol), specialty biotechnology companies are creating novel new formulations of the chemical compound to capitalize on the titanic growth expected in the cannabis-derived pharmaceutical and nutraceutical markets. Global medical marijuana market expected to exceed $55 billion by 2025 Global nutraceuticals market projected to surpass $319 billion by 2023 CBD pharmaceutical and nutraceutical companies poised to reap huge rewards Diverse CBD product lines provide competitive advantages Cannabinoids have been used for medicinal purposes for millennia, but it wasn’t until the discovery of the human endocannabinoid system in the…

WednesdaySep 12, 2018 1:03 pm

Youngevity International, Inc. (NASDAQ: YGYI) Eyes Rapid Expansion as it Scales Up in Coffee and Cannabis

Enters $7.7 billion cannabis market with HempFX™ brand Signs $250 million contract to supply 41 million pounds of green coffee annually International expansion underway; direct marketers derive 50-75 percent of revenues from outside the U.S. With ventures in coffee and cannabis, Youngevity International, Inc. (NASDAQ: YGYI) is set for a scalability that is already impacting its financial performance. Over the past six years, the company has enjoyed a CAGR of over 40 percent, with revenues rising from $22 million in 2011 to $166 million in 2017. Now, that growth trend has been strengthened; with the launch of its HempFX™ brand,…

WednesdaySep 12, 2018 12:24 pm

Medical Cannabis Payment Solutions’ (REFG) Platform Pays Cannabis Dispensaries Directly from Customers’ Bank Accounts

Legal environment for cannabis businesses remains uncertain Main Street banks and big tech avoid the cannabis space Leaving opportunities for fintech companies Reluctance by Main Street banks to provide traditional banking services to cannabis establishments has provided a cornucopia of commercial fare and opportunity for financial technology companies like Medical Cannabis Payment Solutions (OTC: REFG). The company is now offering ‘Green’, a FinCEN-compliant payment processing system for state-licensed cannabis establishments. Through the Green platform, patients are able to link their bank accounts and debit those accounts to purchase cannabis. Presently, most cannabis dispensaries are unable to obtain payment processing services…

WednesdaySep 12, 2018 11:23 am

BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Delivers Single-Source Accountability in the Cannabis Market

BLOCKStrain is poised to lead the charge in providing accountability and transparency in the multibillion-dollar global cannabis market BLOCKStrain’s solution will help protect the intellectual property of cannabis cultivators – a service greatly needed in the burgeoning industry Pioneering into new market frontiers brings the need for innovation and regulation, and BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) addresses one of the newest and hottest industries in the marketplace – cannabis. BLOCKStrain, a full-service software company, stands out in the market as the developer of the very first integrated blockchain platform designed to register and track cannabis intellectual property from…

WednesdaySep 12, 2018 9:00 am

Latest Farm Bill Developments Hold Out Hope for Hemp Farmers

CannabisNewsWire Editorial Coverage: After years of wrangling, the U.S. Congress stands on the verge of legalizing the cultivation of industrial hemp. Hemp is a variety of the cannabis sativa plant that doesn’t generate a psychoactive effect. Traditionally used to produce cloth and rope, hemp can also now be used in wellness products and food. Competing legislations by the House and Senate are being aligned with an anticipated September 30 deadline. The legalization of hemp has cross-party support and appears likely to pass. The expected change in U.S. law will be beneficial for companies such as Marijuana Company of America, Inc.…

TuesdaySep 11, 2018 9:00 am

CBD Contributes to Continued Growth for Nutraceutical, Pharmaceutical and Cannabis Key Players

CannabisNewsWire Editorial Coverage: Cannabis companies are seeing substantial growth, with the popularity of cannabidiol (CBD) playing a significant part in their positive outlook. CBD is an active ingredient in cannabis. It can provide health benefits without the psychotropic effects of other cannabis chemicals. This has led to a growth in companies selling CBD treatments, sometimes alongside more conventional wellness products. Youngevity International, Inc. (NASDAQ: YGYI) (YGYI Profile) is one of these companies, having recently expanded its range of products to include CBD therapies for muscle pain, sleeplessness and mood improvement. GW Pharmaceuticals Plc (NASDAQ: GWPH) has created a CBD treatment…

MondaySep 10, 2018 4:20 pm

420 Alert – Cannabis Shopping in the Age of Amazon: How Mail-Order Weed Could Impact Fledgling Canadian Market

The countdown to cannabis is fully underway, at least for our friends to the north. Canada will become the first G7 nation to fully legalize recreational marijuana for adult use in just 36 days and some change, but that doesn’t mean that everyone will be running out to their local dispensaries to load up on the green goodness. On the contrary, in today’s world of convenience, some reports have suggested that as much as a third of all recreational users in Canada will turn to online purchasing after October 17. How online deliveries can be adequately monitored to ensure that…

MondaySep 10, 2018 2:11 pm

Earth Science Tech, Inc. (ETST) Anticipates Uplisting to OTCQB Venture Market after Achieving Fully Reporting Status with SEC

With its Form 10 registration statement filing now effective, ETST will begin reporting annual, quarterly and periodic financial statements to the SEC, as well as other obligations Biotech company is focused on the cannabidiol (CBD), pharmaceutical and nutraceutical sectors, as well as the development, through subsidiaries, of medical devices and research ETST develops innovative products with the goal of becoming a world leader in the CBD space; three new CBD formulas are being developed under a provisory patent Earth Science Tech, Inc. (OTC: ETST) anticipates uplisting to the OTCQB Venture Market after receiving a Form 10 registration statement filing date.…

MondaySep 10, 2018 1:41 pm

Sugarmade, Inc. (SGMD) Turns Sights toward Supplying Burgeoning Cannabis Industries

Global hydroponics industry expected to enjoy 6.5 percent CAGR through 2025 amid competitive growth Sugarmade building hydroponics holdings with proposed acquisitions, foray into U.S. hemp market Company’s reach extending to European markets with recent targeting of global leader in hydroponic consumption The growing popularity of cannabis both as a medicinal plant extract and a relaxing recreational drug during recent years has created a bellwether effect for a number of industries that see potential in catering to the companies that in turn cater to cannabidiol (CBD) and marijuana clients. Among them, hydroponics suppliers are seeing tremendous year-over-year growth lately, and Sugarmade,…

MondaySep 10, 2018 1:05 pm

Medical Cannabis Payment Solutions (REFG) Intensifies Focus on Legalized Marijuana Industry with ‘Green’ Payment Processing, Hemp Licenses

Green digital system is being offered to the entire legalized cannabis industry, providing an alternative to traditional banking; its online signup feature has triggered application growth REFG is adding more licenses to grow industrial hemp; it is already licensed in Colorado, with eyes on Utah and Vermont Company is adding prominent political figures to its advisory board from states where medical marijuana is legal, including New Mexico, Utah, Florida and Oregon Medical Cannabis Payment Solutions (OTC: REFG) has expanded its presence in the legalized cannabis space from its core Green FinCEN-compliant processing system, which creates a digital and cashless way…

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