NewsRoom Articles - Page 577 of 599

WednesdayAug 23, 2017 4:45 pm

As Recreational Cannabis Legalization Looms, the Field of Opportunity is Green for Canada’s Leading Growers

NetworkNewsWire Coverage: Medical cannabis use has been legal in Canada since 2001, and Canada is now working to become the first industrialized nation to input a comprehensive system permitting the recreational use of marijuana. Sweeping legislation has been introduced by the Canadian government that takes aim at permitting nationwide recreational cannabis use by July 2018—a move applauded by companies that are currently licensed to produce medical marijuana in Canada or are engaged in providing services to growers. These companies include ABcann Global Corporation (TSX.V: ABCN) (OTCQB: ABCCF) (ABcann Profile), which recently closed a milestone financing agreement with Cannabis Wheaton Income…

WednesdayAug 23, 2017 4:43 pm

SinglePoint, Inc. (SING) Shines among Diversified Players in the Legalized Cannabis Space

Commencing volume manufacturing, allowing ramp-up of distribution and sales Partnering with Bitcoin Capital to create proprietary bitcoin payment solution to serve cannabis industry SinglePoint, Inc. (OTC: SING) continues making great strides in its strategic diversification efforts and has become a compelling and diversified player within the cannabis market. In a recent article, SinglePoint was mentioned among other standout companies that are making their mark in unique ways within the cannabis industry (http://nnw.fm/xtM87). Shining among these other standouts in the blossoming legal marijuana market, SinglePoint has begun demonstrating its ability to generate revenues through strategic acquisitions in the marijuana space—all without…

TuesdayAug 22, 2017 4:47 pm

Cannabis and Cryptocurrency: The Time Is Now

NetworkNewsWire Coverage: Two booming markets are intersecting in the United States right now: legal cannabis and bitcoin. America’s cannabis market is predicted to reach a valuation of up to $50 billion by 20261, and the value of bitcoin reached record highs in August, surpassing $4,000 per coin and remaining above that mark as of August 192. Both unquestionably hot market segments right now, cannabis and bitcoin are now being linked thanks to the enterprising efforts of companies like SinglePoint, Inc. (SING) (SING Profile), which aims to utilize bitcoin in addressing a problem currently faced by legal cannabis businesses in the…

TuesdayAug 22, 2017 4:45 pm

Canadian Cannabis Leaders Sharpen Focus on Increasing Yield, Plant Quality

NetworkNewsWire Coverage: Growing marijuana in North America, for obvious reasons, has historically been an underground affair. Amid growing legalization in favor of recreational and medicinal use, growing cannabis on mass scale is rapidly becoming a necessity for companies in a burgeoning industry driven by incredible consumer demand. Canada is ahead of the United States in this regard, as the country legalized marijuana for medicinal use in 2001 and recently approved national legalization for recreational use, which will go into effect in 2018. For this reason, Canadian companies have access to more capital needed for production, though only three percent of…

TuesdayAug 22, 2017 4:45 pm

India Globalization Capital’s (NYSE: IGC) Cannabis-Based Alzheimer’s Disease Treatment Increases Upside Potential

Alzheimer’s is a leading cause of dementia in adults in the United States IGC’s cannabis-based drug may reverse the buildup of beta-amyloid plaque Hyalolex and other phytocannabinoid-based drugs are fueling potential for the company’s market valuation growth Alzheimer’s disease is currently the sixth-leading cause of death in the nation and the most common cause of dementia in older individuals. The chronic neurodegenerative disease has had no cure or effective treatment for reducing its symptoms, but India Globalization Capital, Inc. (NYSE MKT: IGC) is seeking to change that with a potential blockbuster drug. Hyalolex, otherwise known as IGC-AD1, is a cannabis-based…

MondayAug 21, 2017 4:51 pm

SinglePoint (SING) at Intersection of Two Explosive Markets: Bitcoin and Legal Cannabis

Industry leader projects cryptocurrency bitcoin, which has achieved $4,000 price, can reach $100,000 within five years Company provides processing solution for “unbankable” risk markets, such as legalized cannabis SinglePoint releases new investor relations kit that details its acquisition strategy, profiles key executives (http://nnw.fm/ofm0Y) SinglePoint, Inc. (OTC: SING) finds itself at the intersection of two fast-growth markets: the cryptocurrency bitcoin and legalized cannabis. Bitcoin prices recently surged past $4,000 and are projected by industry leader Wu Jihan, founder of bitcoin miner Bitmain, to possibly reach $100,000 within five years, according to a video by Bloomberg L.P. (http://nnw.fm/INe2R). At the same time,…

ThursdayAug 17, 2017 4:55 pm

SinglePoint, Inc. (SING) Set to Benefit from Growth in Bitcoin and Cannabis Markets

Payment solutions for cannabis industry Operator of cryptocurrency exchange Bitcoin payment solutions for retailers In its latest initiatives, SinglePoint, Inc. (OTC: SING) is showing that innovation, like politics, makes strange bedfellows. This diversified holding company specializing in acquisitions of small to mid-sized companies, with an emphasis on new technologies, is planning a marriage of cannabis and cryptocurrencies, both of which are rapidly growing opportunities. The company is developing a payment processing solution utilizing cryptocurrencies that is likely to find early application in the cannabis industry. Using its recently acquired $Weed and other cryptocurrencies, SinglePoint wants to help the cannabis industry…

WednesdayAug 16, 2017 5:07 pm

FDA Proposal Puts Spotlight on Big Tobacco and Industry Innovators

NetworkNewsWire Coverage: The black cloud over Big Tobacco has been swirling for decades, but few developments have cast a bigger shadow than the U.S. Food and Drug Administration’s recent proposal to reduce nicotine levels in cigarettes to non-addictive levels. The new plan1, originally unveiled on July 28, is expected to serve as a multi-year roadmap aimed at saving lives and significantly reducing the effects of tobacco-related diseases. The market effects of the nicotine push have proven to be colossal, with shares of two of the largest sellers of cigarettes in the United States suffering their largest single-day plunge since the…

WednesdayAug 16, 2017 4:56 pm

Investors Eye Sweet Spots in Canada’s Booming Cannabis Market

NetworkNewsWire Editorial Coverage: Canada is the mecca of the North American cannabis market, boasting legalization in every province and an array of investment opportunities, such as ABcann Global Corporation (TSX.V: ABCN) (OTCQB: ABCCF), a Canadian grower of medical marijuana. ABcann recently acquired ABcann Medicinals and boasts a recent IPO, appointment of a new medical consultant, and major expansion plans. As one of Canada’s most dominant growers of medical marijuana and one of the growers to meet the Canadian government’s stringent licensing requirements, ABcann could be positioned to see the post-IPO success achieved by Supreme Pharmaceuticals, Inc. (OTC: SPRWF) (TSX.V: FIRE),…

TuesdayAug 15, 2017 4:58 pm

Record Bitcoin Gains Indicate High Times Ahead for Cannabis Cryptocurrency

NetworkNewsWire Coverage: Within America’s explosive legal cannabis market—projected to potentially reach a staggering $50 billion valuation by 20261—legal uncertainties and blockades continue to pose challenges. One of these challenges is a lack of banking options for marijuana merchants, who are largely forced to conduct cash transactions, as cannabis businesses currently do not have the backing of the FDIC and, consequently, do not have access to traditional banking options. Necessity is the mother of invention, and enterprising companies are endeavoring to skirt federal restrictions and provide cannabis companies with innovative financial transaction options to meet their growing needs. One company racing…