NewsRoom Articles - Page 77 of 251

WednesdayJan 29, 2020 11:44 am

SinglePoint Inc. (SING) Highlights Solar Focus on 1,100th Episode of MoneyTV; Diversification Creates Strong Opportunity

SinglePoint recently discussed solar, other programs on MoneyTV interview Company’s emphasis is diversification and M&A strategy SING provides investors the opportunity to make investments across broad set of assets Emphasizing new technologies, SinglePoint Inc. (OTCQB: SING) specializes in the acquisition of small to mid-sized companies. The company focuses on diversification into horizontal markets and has an acquisition-based business strategy. Headquartered in Phoenix, SinglePoint provides investors the opportunity to make investments across a broad set of assets, with an emphasis in new technologies. Recently, SinglePoint president Wil Ralston discussed the company’s major programs with Donald Baillargeon during MoneyTV’s 1,100th episode. Ralston…

WednesdayJan 29, 2020 9:00 am

Hemp Prices Plummet as Supply Exceeds CBD Demand

According to the CEO of PanXchange, Julie Lerner, hemp prices are on a downward turn due to the oversupplied hemp markets, and regardless of highly-priced CBD products such as $70 foot cream. In July last year, before the 2019 harvest hit the market, hemp biomass was selling at $40 per pound. However, a pound of hemp biomass is now going for $10, which is triple the drop from 2018 to 2019, said Lerner. The CBD consumer market is limited because the United States Food and Drug Administrations has prohibited the infusion of food or dietary supplements with CBD, but some…

TuesdayJan 28, 2020 4:00 pm

Delaware Awaits USDA Approval for its Hemp Program

Hemp had been banished to the list of controlled substances for decades before the 2018 Farm Bill changed everything. The legislation classified industrial hemp as cannabis with less than 0.3% THC (delta-9 tetrahydrocannabinol). THC is the chemical responsible for marijuana's psychoactive high, and according to the regulations laid out by the Farm Bill, legal industrial hemp has to have minuscule amounts of the chemical. Apart from the THC limits, the legislation also instructed states and tribes to create their own hemp programs and submit them starting December 2, 2019, to the U.S. Department of Agriculture (USDA) for approval. The USDA…

TuesdayJan 28, 2020 12:12 pm

SinglePoint Inc. (SING) CEO Reviews Record Year, Outlines Strategy for Record-Breaking Growth in 2020

CEO anticipates SING will surpass $10 million in gross revenues this year SinglePoint plans to drive 2020 vision through organic growth in high-value, high-opportunity markets and synergistic acquisitions Company to focus on Direct Solar, 1606 Original Hemp product line SinglePoint Inc. (OTCQB: SING) founder and CEO Greg Lambrecht thanked all 24,000-plus SING shareholders in a letter sent out this month (http://cnw.fm/I9YEe). The letter also outlines the company’s strategic plan for the new year, including a forecast that SinglePoint will reach $10 million in gross revenues this year, based primarily on the company’s focus on solar and the launch of 1606 Original…

TuesdayJan 28, 2020 9:00 am

New Italian Law Sets Limit for THC in Hemp Edibles

Cannabis has been dominating the conversation a lot lately. Not only do more people use cannabis and cannabis products than ever before, but a number of countries have already legalized adult recreational use, with more working on legalization policies. Hemp, a variety of cannabis with minuscule levels of THC (delta-9 tetrahydrocannabinol), has been subject to intense interest. The variety is insanely versatile, with applications ranging from construction and manufacturing to nutrition. While marijuana has higher levels of THC, the chemical that makes you high, hemp has increased levels of cannabidiol (CBD). The chemical isn't psychoactive, but it is said to…

MondayJan 27, 2020 4:00 pm

Colorado Senate Asks USDA to Loosen Hemp Rules

A resolution favoring loosening of federal regulations governing hemp production has been adopted by the Colorado Senate, and in a few days, the House is expected to follow in their shoes. The state’s legislature, together with the Department of Agriculture, are urging the federal government to establish rules that are less stringent on the state’s hemp program which has been in operation since 2014. This happened after the Senate spoke with the farmers and the industries they supply with their harvest. On January 24, the Senate adopted the resolution whereby the lawmakers swore to support regulatory revisions that are to…

MondayJan 27, 2020 11:55 am

MCTC Holdings Inc. (MCTC) Signs Major Distribution Contract for Hemp You Can Feel™ Line, Files Sixth Hemp Extract Delivery Patent

Unique hemp extract beverage line created via dual infusion clean label process using exclusively natural ingredients with zero chemical additives Collaboration with Marijuana Company of America to expand soon to other MCTC drink offerings Company files sixth hemp extract delivery patent for single-serving coffee pods containing cannabinoids and a unique dosing system MCTC uses strategic agreements, acquisitions, and intellectual property to achieve multiple growing verticals within global cannabis industry Cannabinoid science innovator MCTC Holdings Inc. (OTC: MCTC) announced the signing of a distribution contract with Marijuana Company of America (OTCQB: MCOA) for the former’s Hemp You Can Feel™ beverage product…

MondayJan 27, 2020 9:00 am

Texas A&M University Scientists Devise Tool to Distinguish Hemp from Marijuana

Scientists from Texas A&M University have developed a device that can tell the difference between legal hemp and illicit marijuana in seconds. The assistant professor in the department of biochemistry and biophysics at Texas A&M University, Dmitry Kurouski, said that his team developed a technology that is non-invasive and non-destructive, which are two of the most important factors for law enforcement officers when they are performing on-site identification of marijuana. Lee Sanchez, who is the research assistant credited with developing this device that is the size of a lunchbox, said that using the tool is straightforward. You need to place…

FridayJan 24, 2020 4:00 pm

Largest US Farm Group Calls for Tripling the Federal Hemp THC Limit

The hemp industry is a year old, worth millions of dollars in sales, with experts predicting it will hit $20 billion by 2024. Despite this, farmers aren't happy, and most of their complaints are centered around the rules put forward by the U.S. Department of Agriculture (USDA) to regulate the sector. The 2018 Farm Bill was instrumental for hemp, classifying industrial hemp as cannabis with less than 0.3% THC (delta-9 tetrahydrocannabinol), and giving farmers the leeway to start growing it under state and tribal programs. However, that was the extent of the Bill's regulation, and the sector labored for months…

FridayJan 24, 2020 9:00 am

Why States Are Opting to Retain Their Hemp Pilot Programs in 2020

It has emerged that a number of U.S. states are opting to apply the 2014 hemp pilot program law this despite the USDA publishing interim final rules for hemp. For example, Maine’s state horticulturist, Gary Fish, said that after observing the uncertainty within the USDA rules, they decided that it would be better for their growers if they maintained their pilot program. Fish further noted that after the agency has finalized the interim final rule, then they would create and submit their plan. Discussed below are the reasons why some states are opting to retain their hemp pilot program in…