October 2018 - Page 9 of 11 - CannabisNewsWire

TuesdayOct 09, 2018 9:00 am

Public Acceptance Fuels Growth of CBD and Support Industries

CannabisNewsWire Editorial Coverage: Growing public acceptance of medical marijuana is having secondary effects on other industries. Products using cannabidiol (CBD) are increasingly popular in areas such as wellness and cosmetics. Hemp production is growing, with experimental projects improving cannabis cultivation techniques. Services needed to support these markets, such as payment systems, are growing. Marijuana Company of America, Inc. (OTC: MCOA) (MCOA Profile) is benefiting from this in many ways, having invested in hemp, CBD products, rentable cultivation space and payment systems. Tilray, Inc. (NASDAQ: TLRY) is producing CBD oils and has become one of the first companies to sell these…

TuesdayOct 09, 2018 4:20 am

420 with CNW – Connecticut Federal Court Rules in Favor of Employees Taking Medical Marijuana

A federal district court has ruled that a nursing home violated the anti-discriminatory act when it rescinded a job offer to a job seeker who declared that she consumes medical cannabis off-duty and tested positive for THC in a pre-employment drugs test. Medical cannabis is legal in Connecticut where the plaintiff lives and sought to be employed by the nursing home. The case was filed by the plaintiff last year and judgment was delivered last month, more than a year later. The defendant had tried to get the case dismissed arguing that federal laws allowed them to deny users of…

MondayOct 08, 2018 4:20 pm

420 with CNW – White House Drug Office Promises Objective Marijuana Study

The news reports more than a month ago to the effect that the White House Drug Office had asked 14 federal agencies as well as the DEA to collect and submit data showing the negative effects of marijuana legalization in different states has attracted a backlash which has forced a senior official from the Drug Office to reassure those concerned that the marijuana policy panel will not be subjective as it looks into the impact of cannabis decriminalization in several states across the country. This clarification was revealed by Senator Michael Bennet from Colorado, one of the first states to…

MondayOct 08, 2018 12:45 pm

NUGL Inc. (NUGL) Cannabis Networking Software Building Steam with Customer-Responsive Outlook

NUGL pressing first mover status with wide array of search variables for cannabis consumers Recent “Stock Day” interview and sales VP addition highlight company’s increasing exposure to marketplace NUGL exceeds estimates for application downloads and sign-ups NUGL Inc. (OTC: NUGL), an internet-based search engine that gives cannabis users a responsive directory specialized to their need to find outlets with defined products, is continuing to roll out new features, including options that allow members to share comments on their results, as the company prepares to monetize its operations with new growth. “We are getting into the market very methodically. We are…

MondayOct 08, 2018 12:03 pm

Earth Science Tech, Inc. (ETST) Sees DEA Decision to Reschedule CBD Opening Doors for Development of Treatments for Multiple Illnesses

U.S. Drug Enforcement Agency’s (DEA) decision to remove certain CBD products from its Schedule 1 list of controlled substances will make CBD clinical studies easier to plan ETST’s pipeline includes CBD-based pharmaceutical formulas; company expects its pure hemp oil and new formulas to eventually be sold worldwide ETST will be a licensed distributor and plans to work closely with pharmacists and researchers to serve this market; it plans to launch two CBD nutraceutical formulas Earth Science Tech, Inc.’s (OTCQB: ETST) anticipation that its pure hemp oil and new formulas will eventually be sold globally and that it will be a…

MondayOct 08, 2018 11:42 am

Youngevity International, Inc. (NASDAQ: YGYI) Targeting the CBD Market

Youngevity is a top omni-direct lifestyle business The company is leveraging growth opportunities related to cannabidiol oil Company added two new hemp-derived cannabidiol products, expanding HempFX line to five offerings Youngevity International, Inc. (NASDAQ: YGYI) is among the ‘Top 100 Global Direct Selling Companies’. Along with unique services, Youngevity offers products from the top selling retail categories. These categories include health/nutrition, home/family, food/beverage, spa/beauty, fashion, essential oils and photo. The company distributes its products and services via a worldwide network of preferred customers and distributors. A foremost omni-direct lifestyle company, Youngevity International has its corporate headquarters in Chula Vista, California.…

MondayOct 08, 2018 11:20 am

Cannabis Strategic Ventures, Inc. (NUGS) Boasts Robust, Ever-Growing Portfolio as it Cultivates the World’s Cannabis Brand Leaders

Vertically integrated company presents an international approach to the multibillion-dollar cannabis industry Cannabis Strategic is currently developing a CBD-based luxury skincare and haircare line with True Promise Beauty, slated for release during winter 2018 Company is focused on acquisition, incubation and development of startup and growth-stage cannabis companies Cannabis Strategic Ventures, Inc. (OTC: NUGS) is a Los Angeles-based firm offering a battery of services to help launch and grow emerging and existing cannabis brands. The company’s chief focus is acquiring, incubating, developing and partnering with startup and growth-stage companies in the cannabis industry, as well as ancillary sectors across the…

MondayOct 08, 2018 4:20 am

420 with CNW – U.S. Feds Confirm Canadians Involved in Legal Marijuana Industry Not Welcome

It is just days before recreational cannabis becomes legal throughout Canada but difficulties are already shaping up regarding how this legalization will affect Canadians who wish to travel to the U.S. The Customs and Border Protection (CBP) service has confirmed that steps will be taken to bar people who are involved in the Canadian marijuana industry from entering the U.S. CBP’s confirmation comes at a time when numerous media reports emerged about individuals who were handed lifetime bans from entering the U.S. as a result of their investment interests in the cannabis industry. Customs and Border Protection is simply enforcing…

FridayOct 05, 2018 4:20 pm

420 with CNW – Thousands of Marijuana Plants Seized in California Forest

The office of the San Bernardino County Sheriff recently announced that they had seized more than 10,000 cannabis plants that were growing in the San Bernardino National Forest. The plants were in three large plots that appear to have been cultivated by members of a drug trafficking gang. There was evidence that people were living around the cannabis plots in order to tend to those plants. Camping gear and trash was found where the plants were found by a combined force from the U.S. Forestry Service, the County Sheriff’s Office and the Department of Fish and Wildlife. These law enforcement…

FridayOct 05, 2018 12:05 pm

Medical Cannabis Payment Solutions’ (REFG) ‘Green’ Offers Security and Compliance Solution for Licensed Dispensaries and Merchants

REFG’s ‘Green’ payment system creates a comprehensive, safe and cashless environment for marijuana transactions in the legalized cannabis industry Green is being offered not only to medical marijuana retailers, but to the entire cannabis industry, as a digital and secure system that benefits both clients and patients Patients and customers can sign up for Green online, allowing cards to be branded to the vendor, encouraging client loyalty and enabling dispensaries and retailers to accept cryptocurrency payments Medical Cannabis Payment Solutions’ (OTC: REFG) ‘Green’ is a first tier digital payment system that creates a safe and non-cash environment for cannabis dispensaries…