HempNewsBreaks

ThursdayDec 27, 2018 2:32 pm

HempNewsBreaks – Complex Regulations, City Bans & High Taxes Restrict California’s Legal Cannabis Market

A recent article authored by Patrick McGreevy and published by the Los Angeles Times, titled ‘One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why’ shines a light on the negative impact complex regulations, city bans and high taxes have had on California’s legal cannabis market. The article discusses several hurdles that legal cannabis businesses have had to jump through in order to operate within the state. One such obstacle plaguing small cannabis companies is the competition from the large illicit market, which isn’t hampered by the high taxes licensed businesses must pay.…

Continue Reading

ThursdayDec 27, 2018 1:25 pm

HempNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Co-Founder Showcased in Globally-viewed Documentary

Leading omni-direct lifestyle company Youngevity International’s (NASDAQ: YGYI) co-founder Dr. Joel Wallach was recently featured in a documentary that highlights his impactful career of spreading health and wellness awareness worldwide. A recent article discussing the film reads, “A recent documentary on the Youngevity founder has been released by Carpe Diem Media. It is titled “The Audacity of Health: The Dr. Joel Wallach Story” and has already garnered a global following thanks to social media. The documentary traces the evolution of Wallach’s quest to spread health and wellness from the 1960s through his four decades of work in the industry. Most…

Continue Reading

ThursdayDec 27, 2018 12:45 pm

HempNewsBreaks – Sugarmade, Inc. (SGMD) Meeting the Swelling Demand for Hydroponic Supplies

Hydroponics supply company Sugarmade (OTCQB: SGMD) is engaged in various growing business segments, some of which serve the expanding cannabis industry. A recent article discussing the company reads, “The demand for hydroponic cultivation is growing as the demand for cannabis increases due to legalization across the United States. Hydroponics produces plants with faster growth, higher yield and better quality. Known as a quick-serve restaurant and hydroponics supply company, SGMD is shifting its primary focus toward serving, investing in and profiting from the cannabis industry.” To view the full article, visit http://cnw.fm/7Bw4S About Sugarmade, Inc. Sugarmade, Inc. is a product and…

Continue Reading

ThursdayDec 27, 2018 11:18 am

HempNewsBreaks – Marijuana Company of America Inc. (MCOA) Files Form S-1 Registration Statement to Receive up to $10M to Fund Expansion

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its filing of Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) as an important step in its efforts to raise the necessary capital for funding its projects and expanding operations in 2019. MCOA’s registration statement included a prospectus for the resale of up to 500,000,000 of its common shares, issuable to K&J Funds, LLC, a selling stockholder, pursuant to a “put right” under an investment agreement, dated December 20, 2018, that the company entered into with K&J. The agreement permits MCOA to “put” up…

Continue Reading

ThursdayDec 27, 2018 10:54 am

HempNewsBreaks – Benzinga’s 2nd Annual Conference to Draw Crème de la Crème of the Cannabis World

Multifaceted financial news and publishing company HempWire (“HW”) today announced expectations for the second annual Cannabis Capital Conference, hosted by premier financial media outlet Benzinga, to draw key players across the burgeoning industry. The conference will be held in beautiful Miami, Florida from January 15-16, 2019 and attract North America’s leading cannabis entrepreneurs and investors to the highly-anticipated event that offers unparalleled access and seamless interaction between the innovators and funders of the industry. “Benzinga’s Cannabis Capital Conference brings together the crème de la crème of the cannabis world,” Benzinga Vice President of Marketing Neal Hamilton stated in the release.…

Continue Reading

ThursdayDec 27, 2018 9:35 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Engages Boustead Securities, LLC as Sponsor and Underwriter for Planned IPO of CBD Biotech

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning announced its retention of Boustead Securities, LLC. Boustead will serve as underwriter for the planned Initial Public Offering ("IPO") of CIIX’s wholly owned foreign enterprise, CBD Biotech Co. Ltd., concurrently with a listing on a national securities exchange. “This is part of a series of actions we have put into place to execute on our strategic plan to spin-out CBD Biotech,” Chinese Investors.com Founder, CEO and Chairman Warren Wang stated in the news release. “Additionally, we believe that…

Continue Reading

WednesdayDec 26, 2018 3:02 pm

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) New Laboratory Construction Advances Rapidly

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a biotechnology company and drug delivery platform innovator, has submitted a Health Canada research application for a license to allow in-house research to be conducted at its Kelowna-based laboratory. A recent article further discussing the company reads, “Lexaria submitted its research application under Health Canada’s Cannabis Tracking and Licensing System for the operation of a research and development (R&D) laboratory to work with cannabinoids within the company’s new Kelowna head office, now under construction. In fact, Lexaria will commence experimental work on nicotine formulations, NSAIDs, vitamins and other bioactive compounds of interest after the…

Continue Reading

WednesdayDec 26, 2018 9:56 am

HempNewsBreaks – Earth Science Tech, Inc. (ETST) Engages Counsel to Assist with Canadian Securities Exchange Dual Listing

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday announced its engagement with Fasken, a law firm with extensive Canadian Securities Exchange (CSE) expertise, to assist with its Canadian dual listing. In moving forward with ETST’s dual listing of its common shares on the CSE, announced in early December, Fasken will assist throughout the process, including preparation and filing of the required documentation. “We are pleased to announce we are moving forward with our Canadian dual listing,” ETST President, Director and Chairman Nickolas S. Tabraue stated in the press release. “Fasken is a trusted law firm that works with…

Continue Reading

FridayDec 21, 2018 9:56 am

HempNewsBreaks – Marijuana Company of America, Inc. (MCOA) Positioned for Opportunity with Passage of Farm Bill

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its optimism with recent passage of the 2018 Farm Bill. Under the bill, the industrial hemp plant and its extracts, including Cannabidiol (“CBD”), containing less than 0.3 percent of THC, will no longer be labeled as a Schedule 1 Drug and will be made a legal commodity, enabling U.S. cultivation and distribution subject to compliance with Farm Bill provisions and associated federal and state regulations and licensing. Per the update, the Brightfield Group’s Hemp CBD Report of 2018 projects that, with passage of the Farm Bill,…

Continue Reading

FridayDec 21, 2018 9:27 am

HempNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Applauds the Passing of the 2018 Farm Bill; Appoints New Member to Board of Directors

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) recently commented on the successful passing of the 2018 Farm Bill. The bill removes hemp from the Controlled Substances Act, enabling the commercial cultivation and production of industrial hemp in the United States. “The passing of the 2018 Farm Bill clarifies hemp production and will bolster the growing acceptance of hemp-derived products containing CBD,” Phivida Holdings President and CEO Jim Bailey stated in the news release. “In particular, we expect it will have a positive impact on both of our Vida+ brand (www.HempVidaPlus.com) and Oki lifestyle brand of beverages, tinctures and…

Continue Reading