NewsRoom Articles - Page 556 of 591

WednesdayDec 20, 2017 9:00 am

Pot Stock Bull Market Primed for Even More Growth as Major Markets Legalize

CannabisNewsWire Editorial Coverage: With the looming legalization of marijuana in California slated for next month and Canada preparing for legal recreational use July 2, 2018, it is no surprise the North American Marijuana Index is at record highs, up roughly 67 percent since late October. The recent $22.6 billion forecast for the U.S. market by 2021 from leading analyst Arcview, combined with conservative estimates from Canada’s Parliamentary Budget Office of around $6.2 billion by next year for the Canadian market, is helping to fuel a massive influx of capital into the sector. Particularly attractive are innovators like biopharma developer InMed…

TuesdayDec 19, 2017 3:57 pm

SinglePoint’s (SING) Bitcoin Payment App Highlighted in CNBC Article – Offers Alternative to Cash-only Cannabis Industry

New cryptocurrency app allows cannabis dispensaries to accept electronic bitcoin payments Legal marijuana market predicted to hit $24.5 billion in North America by 2021 Convergence of cryptocurrency and cannabis industry meet in SingleSeed subsidiary Publicly traded holding company SinglePoint, Inc. (OTC: SING) and its innovative SingleSeed app – designed to allow cannabis dispensaries and customers to exchange funds using debit and credit cards via the vehicle of bitcoin – is singled out in a CNBC article highlighting the industry’s ongoing need for an alternative banking solution (http://cnw.fm/3bA32). Three years ago, SinglePoint placed terminals in medical marijuana dispensaries, so consumers could…

TuesdayDec 19, 2017 3:19 pm

Medical Cannabis Payment Solutions (REFG) is at the Forefront of the Multi-Billion Legal Cannabis Market

U.S. medical and recreational marijuana sales are projected to reach $24.5 billion by 2025 REFG has pioneered a first-of-its-kind payment system tailored specifically to the underserved legal cannabis industry with planned expansion to integrate cryptocurrency payments Growth trends continue amid widespread legalization of marijuana for medical and recreational use As trends continue toward increased awareness regarding the potential health benefits of cannabinoids, as well as widespread legalization of marijuana for medical and recreational use, Medical Cannabis Payment Solutions (OTC: REFG) is positioned as a pioneer at the forefront of a multi-billion dollar market. Serving both medical and recreational dispensaries and…

TuesdayDec 19, 2017 1:06 pm

AppSwarm, Inc. (SWRM) Making Major Inroads into the Mobile Gaming Industry

Gaming industry forecast to generate revenues of $128.5 billion by 2020 42 percent of global gaming revenues will be generated by mobile gaming AppSwarm has developed proprietary review process to assess the benefits of new apps The global gaming industry is expected to grow by almost eight percent over 2016 and to generate a total of approximately $110 billion in revenues this year, from 2.2 billion games worldwide, according to Newzoo’s Global Games Market Report released in April 2017 (http://cnw.fm/E2Yaw). The largest market is in the Asia-Pacific region, with China generating a quarter of all revenues in 2017. Newzoo predicts…

TuesdayDec 19, 2017 11:11 am

ChineseInvestors.com, Inc. (CIIX) Reinforces Commitment to Cryptocurrency, Opening Bitcoin ATM in California Headquarters

Bitcoin ATMs added 106 new units worldwide in 2017— a 7.5 percent jump from the prior year U.S. and Canada, combined, have almost 73 percent of the global market with 1,104 bitcoin ATMs CIIX, in addition to agreeing to a bitcoin ATM installation at its San Gabriel, California, offices, also broadcasts ‘Bitcoin Multimillionaire’, a daily video on bitcoin news emanating from the NYSE ChineseInvestors.com, Inc. (OTCQB: CIIX) has jumped into the growing global market for bitcoin ATMs. According to Coin ATM Radar, installations of the ATMs are on pace to grow by 7.5 percent to 1,515 units across 19 countries…

TuesdayDec 19, 2017 9:00 am

Biotech Market Banking on Big Cannabis Returns

CannabisNewsWire Editorial Coverage: Relatively insulated from economic cycles, the innovation of today’s biotech companies puts them in a position to potentially deliver outsized returns regardless of overall conditions. Medicinal cannabis, a key sector in this industry, is currently driving the largest returns, and it is on pace to exceed US$50 billion in revenues by 2025. As more investors are noticing, positive news continues to flow into the sector in terms of new drug applications, product approvals and pipeline updates. For InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) (IMLFF Profile), a preclinical-stage biopharmaceutical company at the vanguard of cannabinoid-based bio-pharmacology, market…

TuesdayDec 19, 2017 9:00 am

Despite Cryptocurrency Skepticisms, Standout Players Continue to Ride the Meteoric Rise of Bitcoin

CannabisNewsWire Editorial Coverage: While skepticism of bitcoin remains, this most popular of the cryptocurrencies continues skyrocketing in value and gaining traction in various industries. Cryptocurrencies like bitcoin are proving especially valuable as a solution for high-risk industries like cannabis, which remains largely unbanked in the United States due to marijuana’s continued status as a Schedule 1 drug under the Controlled Substances Act. Enterprising companies like SinglePoint, Inc. (OTC: SING) (SING Profile) are utilizing cryptocurrency as a means of bypassing federal restrictions and providing cannabis businesses with the financial transaction solutions they so critically need. SinglePoint recently entered into a multiphase…

MondayDec 18, 2017 1:04 pm

AV1 Group, Inc. (AVOP) is Providing the Ideas and Solutions to Make Our Cities Smarter

Urban planning ‘Smart City’ solutions provider Interests in the LED and cannabis sectors XFIRE Smart Systems poised to win many contracts As advances in digital technology continue to transform our private lives, they are, naturally, at the same time altering the way we congregate in villages, towns and cities. Cities may arise organically through random factors such as geography, natural resources and migration, but such ‘free growth’ left unchecked can result in disaster. There are indications, for example, that Houston’s ‘hands-off approach to urban planning… may have contributed to (the) catastrophic flooding from Hurricane Harvey’, according to this Washington Post…

MondayDec 18, 2017 9:30 am

Proposed Skinvisible (SKVI), Quoin Pharmaceuticals Merger to Address Opioid Pain Management Market

A merger between Skinvisible and Quoin Pharmaceuticals will enable a successful entry on the post-surgical pain management market Aging populations and a large number of surgical interventions in the West have contributed to significant market expansion By 2024, the pain management therapeutics market is expected to reach $83 billion Skinvisible Pharmaceuticals (OTCQB: SKVI) recently announced that it has signed a Letter of Intent for a proposed merger with Quoin Pharmaceuticals Limited – a partnership that could address significant unmet medical needs on the pain management market. If both parties agree on the terms, the merger should be completed next year,…

MondayDec 18, 2017 9:30 am

AppSwarm, Inc. (SWRM) Carving Niches in Emerging Bitcoin, Cannabis Sectors

Letters of intent herald plans for popular digital currency wallet, marijuana business services Bitcoin enjoying meteoric rise; marijuana legalization continues to advance Large exchanges anticipating bitcoin futures contracts Recent announcements of AppSwarm, Inc.’s (OTC: SWRM) forays into the cannabis and bitcoin industries demonstrate the mobile business incubation company’s focus on emerging revenue streams with anticipated success. AppSwarm’s foundation is in the mobile gaming industry, which has provided it a stable of financial tech resources to leverage in accelerating ventures that don’t otherwise share much in common with game-playing apps. The company’s announcement in November that it had inked a letter…