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…

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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…

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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…

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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…

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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…

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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…

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TuesdayMay 21, 2019 9:00 am

Celebrity Attention Fuels Rising Press Profile of CBD

HempWire Editorial Coverage: Companies with a presence in the CBD market are seeing their profiles rise, thanks to growing media and celebrity attention. 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 store. Tilray Inc. (NASDAQ: TLRY) has seen strong market coverage as its shares rose following action to tackle product shortages in Canada. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has fostered its public profile through efforts by the company’s media-savvy co-CEO. Cronos Group Inc.…

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MondayMay 20, 2019 12:17 pm

10 Surprising Facts About Cannabis and Pregnancy

The topic of cannabis and pregnancy is perhaps one of the most controversial topics about the plant. After all, many still believe that consuming a “mind-altering” substance makes you a terrible parent. But, how bad is it to consume cannabis while pregnant? Why are so many women picking up the cannabis habit? As it turns out, women and cannabis are entangled in a long, complicated, and largely forgotten history. Curious? Here are 10 surprising facts about cannabis and pregnancy that you might not know: 1. Cannabis has been used as a women’s aid for millennia From easing pain on wedding…

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FridayMay 17, 2019 12:19 pm

Global Consortium Inc. (GCGX) Expands Reach, Building First-Ever Cannabis Mall

The company is constructing the first-ever cannabis mall, offering products manufactured in-house and serving outside vendors GCGX is reaching into the Lake Tahoe, California-area to provide products to more than 30 million who have limited or no access to recreational dispensaries The company is adding a medical grade nutraceutical division GCGX aims to commence the registration process for listing on the Nasdaq, with a target date of mid- to late-June Headquartered in Florida, Global Consortium Inc. (OTC: GCGX) is a diversified, cannabis-holding company expanding its reach nationwide. The company’s portfolio includes several subsidiaries, partnerships and licensing agreements. Focused on sustainable…

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FridayMay 17, 2019 12:07 pm

Market Leader VPR Brands, LP (VPRB) Reports Increased Revenue, Reverses Operating Loss

Figures from VPR Brands’ 2018 report point to strong financial performance VPR Brands’ growth strategy focuses on high-performance, high-quality products that build expanded brand quality, awareness and loyalty The company’s plethora of brands target multiple corners of the lucrative cannabis industry VPR Brands, LP (OTC: VPRB), an innovative technology holding company whose assets include patented atomization-related products and technology, recently announced its 2018 financial results, boasting increased revenues and a net operating gain. The company has grown its revenues to almost $4.6 million (http://cnw.fm/Mlf05) while “reversing its operating loss of over $888,000 to positive territory above $9,000.” Its full-year operating margins grew by…

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