Uncategorized Archives - Page 132 of 221

ThursdayJan 10, 2019 12:19 pm

This Week in Cannabis: Big News Most People Overlooked

This last week had quite a few notable cannabis happenings at the local and federal level. Some of the news was inspiring and at least one item was a bit disappointing, and either way, it was all newsworthy. Here are the big highlights you might have missed: Congressman predicts 'best chance yet to make big moves on cannabis reform' What happened: The 116th Congress is officially in session and it is packed with more cannabis supporters than ever. Congressman Earl Blumenauer (D-OR) is already predicting that it will be Congress's "best chance yet to make big moves on cannabis reform." Why it…

WednesdayJan 09, 2019 2:55 pm

CBD Can Help You Quit Smoking, According to Studies

If there’s one piece of advice that most cigarette smokers will give non-smokers, it’s “Don’t start smoking.” As any smoker will tell you, quitting smoking is one of the hardest things to do and can feel nearly impossible at times. The numbers bear this out. According to a study by the National Institute on Drug Abuse, about half of all smokers will try to quit in any given year. Only 6% will succeed in their attempt. Most smokers who are able to quit, require multiple attempts throughout their lifetime before quitting permanently. Even with these odds, cigarette smokers and other…

WednesdayJan 09, 2019 10:49 am

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Set to Have All 25 7ACRES Flowering Rooms Completed by March 2019

Supreme Cannabis recently provided a 7ACRES construction update, announcing that 19 flowering rooms have been completed and the remaining six are expected to be ready by March 2019 The modular design of the facility enables independent adjustment of crop cultivation conditions, resulting in higher quality and better yield According to Supreme Cannabis, 7ACRES’ production capacity will reach 50,000 kilograms by mid-2019 The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) recently announced that it has completed 19 of the 7ACRES flowering rooms and is on target to complete all 25 by March 2019. Once construction is finalized, 7ACRES…

TuesdayJan 08, 2019 12:00 pm

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Inks Consulting Agreement with Khalifa Kush Enterprises

Supreme Cannabis Company focuses on growing sustainable cannabis businesses The company’s portfolio includes innovative 7ACRES brand Supreme Cannabis recently signed an agreement with Wiz Khalifa’s Khalifa Kush Enterprises The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) works to identify new opportunities to build unique cannabis businesses. The company’s 7ACRES licensed producer subsidiary operates a 440,000 sq. ft. facility in Ontario, Canada. 7ACRES’ specialty is growing high-quality cannabis in large quantities. Supreme Cannabis Company has its corporate headquarters in Toronto, Ontario. Supreme Cannabis’ portfolio additionally includes an equity investment and long-term worldwide distribution partnership with Medigrow. This partnership…

TuesdayJan 08, 2019 11:41 am

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Identifies Acquisition of Stake in Holigen as ‘Transformative Transaction’

Vinay Tolia, co-CEO of Flowr, sees the move as giving the company exposure to European and Australian markets The company believes that the combination of its cultivation expertise with Holigen’s development of large-scale cannabis facilities could result in one of the lowest-cost producers worldwide Clarus Securities has initiated coverage on FLWR stock with a ‘speculative buy’ rating and a one-year price target of $5; its research report projects adjusted EBITDA of C$6.8 million in FY2019 The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) acquisition of 19.8 percent of Holigen Limited for a cash payment of C$6 million and the signing of an intellectual property sharing agreement is expected…

TuesdayJan 08, 2019 11:16 am

Plus Products Inc. (CSE: PLUS) Solidifies Leading Edibles Position in California with Acquisition of Cannabis-Infused Baked Goods Manufacturer

In December 2018, Plus Products finalized the acquisition of GOOD CO-OP to further cement its leadership position within the California cannabis-infused edibles field Through the acquisition, Plus will gain quick access to the baked edibles market – one of the most rapidly growing niches in the space The CAGR of cannabis-infused baked goods for the coming five years is forecast at 14.12 percent, and the overall edibles market is expected to exceed $3 billion Plus Products Inc. (CSE: PLUS) announced in December 2018 that it had finalized the acquisition of GOOD CO-OP Inc. – a California-based cannabis-infused baked goods brand.…

TuesdayJan 08, 2019 9:00 am

US President, Producers Envision ‘Green Acres’ with Signing of Historic Hemp-Legalizing Farm Bill

HempWire Editorial Coverage: Moments prior to signing a historic 2018 Farm Bill and effectively legalizing industrial hemp, President Donald Trump tweeted out a video of his performance at the 2005 Emmy Awards, singing the song “Green Acres.” Having already passed through the House of Representatives and the Senate, the bill was met with much fanfare across nearly the entire cannabis sector, including benefactors such as Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) (GGB Profile), Cronos Group, Inc. (NASDAQ: CRON) (TSX: CRON), Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), Harvest Health and Recreation (CSE: HARV) and MedMen Enterprises Inc. (CSE: MMEN)…

MondayJan 07, 2019 12:53 pm

Legislative Changes in the US Provide SinglePoint, Inc. (SING) with Rapid Growth Opportunities in 2019 and Beyond

As the 2018 Federal Farm Bill legalizes hemp across the U.S., SinglePoint prepares for rapid growth in 2019 The company is working on development programs and potential acquisitions in order to establish its leading industry position Through hemp legalization, the industry is expected to grow exponentially in the years to come, reaching a volume of $20 billion by 2022 Congressional approval of the 2018 Federal Farm Bill that removes hemp production from federal prohibition is expected to create amazing new opportunities for industry representatives in 2019 and beyond. SinglePoint, Inc. (OTCQB: SING) released an official statement underlining that the legislative…

MondayJan 07, 2019 12:32 pm

Icon Exploration Inc. (TSX.V: IEX.H) Set to Capture High Margins with Vertical Integration Strategy in Canadian Cannabis

Canadian cannabis market set for CAGR of 77.9 percent to 2021 Icon’s Vertical integration strategy could capture high margins Company will have operations in cultivation, extraction and retail The legalization of recreational cannabis in Canada has made analysts project rapid growth for the industry. Spending on adult-use marijuana (http://cnw.fm/4wY7O) is “estimated to reach over $3 billion in 2021, driving a CAGR of 77.9 percent from 2018-2021.” Eventually, Canada’s legal cannabis market will likely be comparable in size to the hard liquor or wine market. Growing organically, some sectors will be profitable (others, perhaps, less so), but telling which may not be so…

MondayJan 07, 2019 12:05 pm

Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Building Cannabis-Infused Beverage Solutions with Leadership Depth

Consumer reports show growing tendency to reject smoke-inhaled substances such as cigarettes Sproutly Canada’s solution provides truly water-soluble cannabis product that mimics rapid onset, offset of smoked drug Cannabis-infused beverage market potential forecast between $900 million and $4.4 billion by 2024 As savvy cannabis investors look toward the market potential of the beverage-ization of their natural plant products, suppliers such as Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) are strengthening their operations by adding more experienced executives, building their distribution networks and increasing their output capabilities. Sproutly Canada is focused on cultivating pharmaceutical-grade cannabis for the backbone of…

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