WednesdayDec 12, 2018 9:00 am

Political Breakthrough Heralds the End of the Prohibition on Hemp

HempWire Editorial Coverage: With federal legalization of hemp expected in the United States by Christmas, the farming and cannabidiol product industries are anticipating great changes in their future. Hemp farming, which has been illegal in the United States since 1970, is about to be made legal under the newest Farm Bill legislation. Pilot projects and work in Canada have allowed companies to prepare for U.S. hemp farming by developing their techniques, science and crop strains. With legalization promising great growth, companies are seeking paths to investment opportunities. Marijuana Company of America, Inc. (OTC: MCOA) (MCOA Profile) is among the innovating…

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TuesdayDec 04, 2018 9:00 am

Hemp Industry Sees Profitable Harvest as Farm Bill Approaches Finale

HempWire Editorial Coverage: With the end in sight for the 2018 U.S. Farm Bill, which contains provisions likely to grant hemp full agricultural legalization, and revenues from existing hemp products rising, hemp farmers are seeing reasons for excitement this fall. The Farm Bill is set to finally pass through Congress in the near future. Predicted hemp revenues for the next few years are soaring. Hemp is doing particularly well in states with supportive politicians, such as Kentucky. Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) has made the most of this opportunity through investment in Hempistry, a hemp cultivator with big plans…

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MondayDec 03, 2018 9:00 am

Cannabis Cultivation Powering Growth for the Industry

HempWire Editorial Coverage: Cultivation by both large and small growers is powering growth across the cannabis industry. Cultivation is fueling the growth of the cannabis industry. $718 million was invested in cultivation and retail last year as the industry continued to grow. Raw materials from cultivators are used in a wide range of cannabis products. Cultivation locations are critical to distribution channels and partnerships. Within this growing industry, Cannabis Strategic Ventures (OTC: NUGS) (NUGS Profile) is working to foster emerging brands by targeting investment through a la carte partnerships and acquisitions. Tilray, Inc. (NASDAQ: TLRY), one of Canada’s largest cultivators,…

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ThursdayNov 29, 2018 9:00 am

Change in Attorney General Could Mean a Cannabis Revolution in the US

HempWire Editorial Coverage: A new attorney general is still to be named to replace unabashedly anti-cannabis former AG Jeff Sessions. As the market awaits a new AG, there’s a steady push from cannabis companies keeping an eye on the massive potential of the U.S. market, companies that include Chemistree Technology, Inc. (CSE: CHM) (OTCQB: CHMJF) (CHMJF Profile), Aurora Cannabis (TSX: ACB) (NYSE: ACB), CannTrust Holdings, Inc. (TSX: TRST), Organigram Holdings, Inc. (TSX.V: OGI) (OTCQX: OGRMF), and Supreme Cannabis Co. (TSX.V: FIRE) (OTCQX: SPRWF) (SPRWF Profile). By the end of 2025, the legal cannabis industry is expected to reach $146.4 billion worldwide. Meanwhile,…

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ThursdayNov 29, 2018 9:00 am

Cannabis Industry Stays in Spotlight with Ongoing Developments

HempWire Editorial Coverage: Profitability and more widespread legality are drawing fresh investment to the cannabis sector. Major investors and outside companies are putting big money into cannabis. Undervalued companies provide good opportunities for new investors in the sector. Following the legalization of recreational cannabis in Canada, companies in the United States are seeing even larger market caps. As attitudes change, more cannabis companies are expected to soon be listed on major U.S. exchanges. With a strong pick-and-shovel strategy alongside recent direct investment in cannabis, Generation Alpha, Inc. (OTCQB: GNAL) (GNAL Profile) is among the cannabis companies seeing good growth. Tilray,…

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WednesdayNov 28, 2018 9:00 am

Political Change and E-commerce Drive Ongoing Growth for Cannabis Industry

HempWire Editorial Coverage: Years of steady growth in the cannabis industry are expected to continue. Cannabis industry forecasts anticipate revenues of $146 billion by 2025. Individual U.S. states are already seeing cannabis sales exceed $1 billion in a year. The departure of Jeff Sessions and expected passage of the Farm Bill will bolster these profits. E-commerce is helping cannabidiol (CBD) products reach a growing market. SinglePoint, Inc. (OTCQB: SING) (SING Profile) is showing how much technology can boost the industry, with support software and an online store. Terra Tech Corp. (OTCQX: TRTC) is also profiting from supporting producers, through the…

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WednesdayNov 28, 2018 9:00 am

Booming Cannabis Consumables Space Continues to see Product Innovations

HempWire Editorial Coverage: The North American Marijuana Index of leading cannabis stocks continues to hold onto the 250 range that it meteorically climbed into at the start of the year. Growing acceptance of cannabis is setting the stage for a consumable cannabis boom. Major companies have begun to throw their hats into the ring. North America is steadily headed towards broad legalization. Canada is legalizing cannabis across the board, Mexico is fast-tracking legalization, and industrial hemp appears to be headed for legalization in the United States thanks to landslide approval in the Senate (86 to 11) of its version of…

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TuesdayNov 27, 2018 9:00 am

Cannabis Boom Fuels Mergers and Acquisitions in Hydroponics and Beyond

HempWire Editorial Coverage: The rapid growth of the cannabis sector is pushing companies to innovate expansion strategies. Among the companies affected are hydroponics suppliers, which sell vital equipment to cultivators. Hydroponics companies, like others in cannabis, are using mergers and acquisitions to benefit from a bullish market. A recent trade show in Las Vegas saw companies on the hunt for future acquisitions. Other companies are seeking outside investment or partnerships to increase their presence. Hydroponics supplier Sugarmade, Inc. (OTCQB: SGMD) (SGMD Profile) has leaned into the current trend for mergers, with a big acquisition and open plans for future growth.…

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TuesdayNov 27, 2018 9:00 am

Departure of US AG and Democratic House Control Improve Prospects for Hemp Industry

HempWire Editorial Coverage: Recent changes in Washington, D.C., are good news for the U.S. hemp industry. The recent departure of Jeff Sessions from the Attorney General’s Office may make it easier for states to enforce their own laws in relation to cannabis and hemp legalization. The Democratic majority in the House may ease the passage of the delayed Farm Bill. These changes could improve the prospects for hemp and cannabis producers. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile) is a pioneer in the hemp industry, with trial cultivation operations under way in Washington and a range of hemp-derived…

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TuesdayNov 27, 2018 9:00 am

Why Companies Are Buying Up Assets in the American Cannabis Market

HempWire Editorial Coverage: Canada became the first country in the G8 to legalize recreational cannabis. With all the buzz surrounding Canada’s cannabis boom, savvy investors have begun to assess the U.S. market, focusing on companies such as Chemistree Technology, Inc. (CSE: CHM) (OTCQB: CHMJF) (CHMJF Profile), which in July 2018 purchased a suite of physical assets, currently under lease to Sugarleaf Farm LLC, a I-502 Tier 3 licensee located in Sedro Woolley, Washington. This moved was fueled by movement north in Canada, including large Canadian cannabis companies such as Origin House (CSE: OH) (OTCQX: ORHOF) and Namaste Technologies (TSX.V: N)…

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