FridaySep 21, 2018 11:23 am

Will Canopy Growth’s Spin-Off Canopy Rivers Be A Powerful Growth Engine?

Canopy Growth will reduce exposure to dilution and debt with the investment model of the new company. The business model of Canopy Rivers has one major flaw. The way Canopy Rivers must be analyzed in order to understand its growth potential. Canopy Growth (NYSE: CGC) is near to spinning off its new financial investment company called Canopy Rivers into a publicly traded firm, which will pursue investment opportunities in the growing cannabis sector. With a business model that has done extremely well for companies in other markets, if it is able to successfully leverage the model, Canopy Rivers has the…

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ThursdaySep 20, 2018 12:00 pm

Youngevity International, Inc. (NASDAQ: YGYI) Coffee Business Takes to the High Seas, Boosts Profits

Two-year contract brings company’s CLR Roasters coffee brand to patrons, crews of international cruise line YGYI CEO appointed to board of directors of Direct Selling Association, a national trade organization representing direct selling industry Q1 2018 revenues rose by 11 percent over Q1 2017 at $43 million, with gross profits increasing to $25 million YGYI enters $7.7 billion cannabis market with HempFX product line Leading omni-direct lifestyle company Youngevity International, Inc. (NASDAQ: YGYI) is making enviable strides among several sectors of the direct selling industry as it expands its brands and offerings in multiple markets. Among the latest highlights is…

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ThursdaySep 20, 2018 10:58 am

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Mass Market Hemp-Infused Beverages and Supplements

“Oki” product line includes iced teas and flavored water Nutritional supplements to be sold as capsules and tinctures Hemp extract market projected to reach $2.1 billion by 2020, according to company officials Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF), a food and beverage company that produces hemp-infused products, has announced the launch of a new line of drinks and supplements featuring hemp extracts into the mainstream market. According to a company press release (http://cnw.fm/UmR4p), the Oki line of products, which includes food supplements and flavored functional beverages containing active hemp extracts, is to be available in up to 2,400 retail…

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ThursdaySep 20, 2018 10:23 am

Research Firm SeeThruEquity Begins Coverage of Hydroponics Supply Provider Sugarmade, Inc. (SGMD)

Investment analysts recommend a share price of $0.30, more than double last week’s rate Sugarmade poised to supply equipment to burgeoning numbers of cannabis cultivators Company has expanded into the European market Independent research firm SeeThruEquity has commenced coverage of Sugarmade, Inc. (OTC: SGMD), a hydroponics supply company. In its initial report, SeeThruEquity (http://cnw.fm/rFRn3) noted, “Sugarmade appears well-positioned to target the large and growing opportunity to supply hydroponics equipment and supplies to the cannabis cultivation market in the United States through its master marketing agreement with BizRight.” In the report, SeeThruEquity recommends a target share price of $0.30 for Sugarmade, which is…

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WednesdaySep 19, 2018 12:48 pm

Medical Cannabis Payment Solutions (REFG) Provides Banking Solution for State-Sanctioned Medical Marijuana Establishments

Company fills the cash-free gap left by banks and financial institutions reluctant to work with the medical marijuana industry Provides complete compliance to federal anti-money laundering laws and laws regulating financial crimes 60 million transactions processed monthly and over 100 applications already received from state-sanctioned medical marijuana establishments Financial technology company Medical Cannabis Payment Solutions (OTC: REFG) announced, in a recent press release (http://cnw.fm/LbPz4), that it is accepting applications for depository accounts for any state-sanctioned medical marijuana establishment. While most banks and financial institutions are still reluctant to work with those in the medical marijuana industry, this company is excited…

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WednesdaySep 19, 2018 12:25 pm

NUGL Inc. (NUGL) Platform Offering Enhanced Customer Services by Allowing Searches for Cannabis Brands by Name

Clients can search for preferred cannabis brands and find where to buy them NUGL’s platform’s new brand search filter is unique to industry Legal cannabis industry currently worth $9 billion, expected to reach $47.3 billion by 2027 The marijuana industry is maturing at a rapid pace, and an increasingly wide range of consumers are using cannabis in a growing variety of ways. As more and more products and services become available, technology company NUGL Inc. (OTC: NUGL) has created a platform to allow consumers to more easily locate suppliers. The company announced recently that it has made it even easier…

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WednesdaySep 19, 2018 11:57 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Grows IP Portfolio with Three More Patents in Australia, Two Notices of Allowance in the US

LXRP receives three new Australian patents and two new notices of allowance from the U.S.  patent office; the company expects to receive corresponding patents by year-end 2018 If issued in both Australia and the U.S., LXRP would then hold 12 issued patents within its first patent family, and it continues to pursue pending application claims in this patent family globally The company, which has filed more than 50 patent applications globally, out-licenses its technology that promotes healthier and faster ingestion methods and lower overall dosing Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), which owns the patented DehydraTECH (trademarked) ingestion technology…

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WednesdaySep 19, 2018 9:00 am

Canadian Cannabis Legalization Set to Transform the Industrial Hemp Industry

HempWire Editorial Coverage: The legalization of cannabis in Canada is about to bring big changes not just for medical cannabis companies but for hemp growers as well. The law legalizing recreational cannabis in Canada will come into force on October 17. This will create new opportunities for hemp growers to produce the plant for CBD extraction. Hemp growers will now be able to profit from all parts of the plant. Cannabis companies are experimenting with growing techniques, expanding their businesses, and seeking supply agreements in preparation for the change. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile), which grows…

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TuesdaySep 18, 2018 10:56 am

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Releases Q2 2018 Results

Revenue up by C$1.2 million in Q2 and by overall C$4 million in the first six months of the year Company secures 12-month extraction deals with two leading brands Sunniva takes strides toward increasing vertical integration Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a company that cultivates, processes and distributes cannabis, has announced its second quarter financial results, detailing milestones and achievements both for the second quarter and the first half of 2018 (http://cnw.fm/6rZik). Recapping the company’s developments over the past six months, CEO Dr. Anthony Holler said that Sunniva has moved closer toward its goal of full vertical integration, which…

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TuesdaySep 18, 2018 9:25 am

Green Hygienics Holdings Inc. (GRYN) is Growing Organic Cannabis with Space Age Technology

Hybrid-aeroponic agriculture approach pioneered by NASA ensures quality with controlled environment Cultivation IP that delivers higher yields, reduced costs and superior product In fast-developing cannabis market, effective branding is the key to success and profits “A farmer has to be an optimist, or he wouldn’t be a farmer,” Will Rogers once quipped – a wry comment that might have been a reference to the vagaries of the weather. Erratic meteorological conditions are the farmer’s bane, unless, like Green Hygienics Holdings Inc. (OTC: GRYN), he’s employing space technology. Green Hygienics is a company that is targeting the high-end medical and adult-use…

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