May 2019 - Page 2 of 7

TuesdayMay 28, 2019 11:26 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Developing Offerings for Sophisticated Cannabis Consumers

Plus Products creates cannabis edibles to support healthier lifestyles The company offers top products in the adult-use, medical and CBD segments PLUS recently reported record revenues for Q4 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is a foremost cannabis-branded products manufacturer with a mission to make cannabis safe and approachable. Based in San Mateo, California, Plus Products manufactures edibles created to support a healthy and active lifestyle. The company focuses on producing edibles using extracts to ensure compliant, dosable and appetizing options that provide a consistent cannabis experience. All of its products are manufactured in its 12,000-square-foot, food-safe cannabis…

TuesdayMay 28, 2019 9:00 am

CBD Surge Puts Pressure on Cultivation Supplies

HempWire Editorial Coverage: Growing demand for CBD is increasing pressure on companies that provide key cultivation equipment and industry supplies. As part of its commitment to build a large and well-supplied sales channel, hydroponic supplier Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) is in the process of making acquisition of companies that supply the hemp industry. An increasing need for supplies is coming from companies such as Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), a major cultivator and processor making moves on the CBD drinks and well-being markets. Cronos Group Inc. (TSX: CRON) (NASDAQ: CRON) has entered into a supply agreement…

TuesdayMay 28, 2019 9:00 am

Hunt for Perfect Acquisitions Reshapes Cannabis Industry

HempWire Editorial Coverage: Cannabis companies are using increasingly refined acquisition tactics to create vertical integration. TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) (TCAN Profile) has developed a refined acquisition strategy, assessing more than one hundred targets before settling on a select few to acquire. Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF), one of America’s leading multistate cannabis companies, has recently announced its agreement to acquire CannaRoyalty Corp. (OTCQX: ORHOF), giving it control over a vast distribution platform. In Canada, HEXO Corp. (TSX: HEXO) (NYSE American: HEXO) has been given approval to acquire Newstrike, as the country’s vibrant industry consolidates following…

FridayMay 24, 2019 10:25 am

Earth Science Tech Inc. (ETST) Exploring Exciting Opportunities in 2019

The company’s strategic partnerships expand its product placement, while its white-labeling program captures additional market share ETST is committed to improving women’s health worldwide with the launch of Hygee The company continues to explore expansion of product placement, both online and in retail spaces Florida-based biotech company Earth Science Tech Inc. (OTCQB: ETST) operates in the fields of hemp cannabinoid, nutraceutical, pharmaceutical and medical device research and development. The company’s focus on strategic partnerships and becoming a global leader in the CBD sector, along with its commitment to bringing cutting-edge pharmaceutical and medical-device offerings to market, has put ETST in…

ThursdayMay 23, 2019 12:01 pm

Sugarmade Inc.’s (SGMD) Artificial Intelligence Development to Enable Better Hemp Cultivation, Other Agricultural Monitoring

Sugarmade Inc., one of the largest publicly traded hydroponics supply companies, recently announced that it will be developing a cultivation monitoring system based on artificial intelligence (AI) technology The system will enable real-time field monitoring and will also make intelligent recommendations to address problems Through the use of the Sugarmade monitoring system, hemp and other agricultural cultivators will ensure optimal growth conditions designed to optimize yields Sugarmade Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, will be developing an artificial intelligence-based hemp cultivation and agricultural monitoring system, as the company announced in a press release on…

ThursdayMay 23, 2019 11:14 am

Vaping Product Innovator VPR Brands LP (VPRB) Reports Continued Revenue Growth in First Quarter Financials

VPR Brands’ specialization in cannabis vaping accessories, accompanied by its growing CBD product line, is helping to drive the company’s expansion VPRB reported about 31 percent revenue growth for the year’s first quarter, year-over-year, which added to its nearly 28 percent revenue growth for fiscal year 2018 The quarterly report also noted gross operating margins above 40 percent, increased assets amid growing product sales and a declining net loss Following on the heels of its recent report on 2018’s year-end financial progress, vaping technology innovator VPR Brands LP (OTC: VPRB) announced the results of fiscal operations for the first quarter…

ThursdayMay 23, 2019 9:52 am

This Week in Cannabis: New Scientific Findings on CBD

Cannabis is one of the most studied plants on earth (despite what cannabis opponents may say). As of this article post, a search for 'marijuana' on PubMed.gov returns over 30,000 results. In addition to that large body of research, a lot of things about the cannabis plant are still unknown and waiting to be discovered. Cannabis research was all over the news this week, which we recap below along with other developments. Study finds that CBD may be effective in treating heroin addiction What happened: A team of researchers looked at the potential of cannabidiol (CBD) to reduce cue-induced craving and anxiety in drug-abstinent individuals…

ThursdayMay 23, 2019 9:00 am

Growing Media Coverage, Celebrity Endorsements Lead to Soaring CBD Popularity

HempWire Editorial Coverage: Growing media attention and celebrity acceptance is fueling rising popularity of CBD. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) is one of the companies benefiting most from this attention, with its products featured in Kim Kardashian’s baby shower and the new Saks CBD salon. Aurora Cannabis Inc. (NYSE: ACB) is working with the UFC (Ultimate Fighting Championship) and its athletes in clinical studies involving pain management, inflammation, injury, exercise recovery and mental well-being. Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) recently acquired Beboe, a luxury cannabis brand founded in California. With this growing CBD popularity, HEXO…

WednesdayMay 22, 2019 10:42 am

How to Determine if a CBD Product is Safe and Worthwhile

Cannabidiol (CBD) oils and medicines have boomed in popularity over the past five years. It’s now possible to order CBD online in several countries, and even the World Health Organization has stated that there are no known health risks associated with CBD. Yet, while CBD itself may be benign, not all CBD products are safe to consume. In fact, with the increase in demand for the cannabinoid, many new products are entering the market without adequate quality control. Some, including CBD ejuices, may even contain carcinogenic ingredients. To help you find the best and safest CBD products around, you want…

TuesdayMay 21, 2019 12:14 pm

Hemptown USA Sets Sights on Novel Cannabinoid CBG as Legalized Hemp Farming Revs Up

The U.S. hemp-derived cannabinoid industry is projected to hit $22 billion by 2022 The company recently announced a $17.2 million capital raise to fund its expansion plans across the country from its Oregon base Hemptown has acquired and is in the process of planting one million cannabigerol (CBG) seeds, which will represent a significant portion of the total U.S. CBG crop for 2019 On May 14, Hemptown USA announced that it had raised $17.2 million (C$23.3 million) to fund its expansion plans (http://cnw.fm/LQ4y1). A privately held company headquartered in Southern Oregon’s Emerald Triangle, the company is leveraging its experience as a…