January 2019 - Page 4 of 12 - CannabisNewsWire

ThursdayJan 24, 2019 11:19 am

Earth Science Tech Inc. (ETST) Expands International Distribution of CBD Products to Mexico and South America with Forzagen Partnership

ETST gives Forzagen exclusive distribution rights for its high-grade, full-spectrum cannabinoids in all Latin American countries ETST chairman says that partnership will give company additional exposure and revenue as products are sold in new territories SeeThruEquity projects that ETST will achieve $7.1 million in revenues by 2020 as it grows distribution of CBD product line Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, as well as medical devices and hemp cannabinoid (CBD) products, has partnered with premium dietary supplement provider Forzagen to distribute ETST’s line of cannabinoids throughout Mexico and South America (http://cnw.fm/a1U83).…

ThursdayJan 24, 2019 11:02 am

Icon Exploration Inc. (TSX.V: IEX.H) Places Exacta in Largest Legal Marijuana Marketplace

Icon plans to operate in both medical and recreational cannabis markets Preparation of 40,000-square-foot resource in Brantford, Ontario, underway Recreational marijuana market forecast to record CAGR of 77.9 percent from 2018 to reach $3 billion in 2021 What may be a tough call in horseracing is much easier in Canada’s cannabis market. The odds of choosing both the winner and the second-place finisher in any race – an exacta – are never good, but, for Icon Exploration Inc. (TSX.V: IEX.H), the probability of picking winners in Canada’s cannabis market is decidedly better. In what is a win-win situation for Icon,…

ThursdayJan 24, 2019 10:45 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Sees Opening with Canada’s Upcoming Legalization of Cannabis Edibles, Extracts

TGOD among mere handful of Canadian cannabis cultivators dedicated to organic growing principles Health Canada seeks public input on regulations governing upcoming legalization of edible cannabis, extracts and topicals Deloitte survey notes that 60 percent of Canadians plan to purchase cannabis edibles Company has funded capacity of 170,000 kg and is currently building three cultivation facilities in two countries Cannabis-infused food and beverage market in the U.S. and Canada was expected to top $1.5 billion in 2018 The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), a premium, organic cannabis-focused research and development company, is seeking to hasten the…

ThursdayJan 24, 2019 4:20 am

420 with CNW – US Virgin Islands Passes Medical Marijuana Law

On Tuesday last week, Gov. Albert Bryan Jr. signed a bill that legalized medical cannabis in the U.S. Virgin Islands. This brings to an end a long process that started with a referendum in favor of medical cannabis in 2014. 56.5 percent of the voters agreed that medical cannabis should be legalized and regulated. Senator Positive Nelson then drafted a bill to actualize medical cannabis in the jurisdiction but the bill didn’t sail through the legislature. He persisted in bringing new bills during each legislative session until the most recent one passed in December last year and was assented to…

WednesdayJan 23, 2019 4:20 pm

420 with CNW – Washington Legislators Make Another Attempt at Legalizing Cannabis Homegrows

Washington State still remains as the only state where recreational cannabis is legal but residents aren’t allowed to grow the plant for their own use. However, this may change if the two bills introduced in the state legislature are passed, thereby allowing adults to grow a maximum of six plants for their own use. Previous attempts to pass similar bills have met with failure, so it isn’t a foregone conclusion that the attempts this year will bear fruit. The key difference this time round is that the two bills have bipartisan support, at least when the list of sponsors is…

WednesdayJan 23, 2019 12:49 pm

Is Investing in the Cannabis Industry Something You Should Do?

According to Viridian Capital Advisors, cannabis companies raised nearly 14 billion dollars in 2018, which is significantly up from the 3.5 billion that companies raised in 2017. With cannabis reform spreading like wildfire all across the globe, the opportunity for the cannabis industry to expand is absolutely enormous. Chances are, you are likely considering investing in the cannabis industry. But what is the best way to do it without your hard-earned dollars disappearing into thin air? Beware of misconceptions and misleading information If something seems too good to be true, chances are there's a reason for that. Just because the cannabis industry has…

WednesdayJan 23, 2019 11:40 am

Golden Developing Solutions Inc. (DVLP) Announces Record-Breaking “Where’s Weed” Transactions of $18 Million in 2018

The company plans a nationwide expansion of its Where’s Weed segment and related assets Total sales force expected to triple so as to cover the entire U.S. market, while network of distributors and dispensaries integrated into the Where’s Weed mobile platform will also grow Where’s Weed’s rapid growth is coinciding with legislative changes in the U.S. that are anticipated to stimulate the significant expansion of the legal cannabis industry over the coming years Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace, has announced a broad nationwide expansion of its Where’s Weed…

WednesdayJan 23, 2019 11:19 am

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Focuses on Growing High-Quality Cannabis at its 7ACRES Facility

Supreme Cannabis continues to identify new opportunities to build innovative cannabis businesses The company’s 7ACRES subsidiary operates a 440,000 sq. ft. cultivation facility Supreme Cannabis’ goal is to become the leading producer of premier commercial cannabis The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) concentrates on building innovative cannabis businesses around the world. A global movement headquartered in Toronto, Ontario, Canada, the company established 7ACRES as the first licensed producer focused on growing high-quality cannabis in large quantities. The 7ACRES licensed producer subsidiary operates a 440,000 sq. ft. facility in Kincardine, Ontario. On March 11, 2016, 7ACRES…

WednesdayJan 23, 2019 10:17 am

Marijuana Company of America Inc. (MCOA) to Expand Popular hempSMART Brand Internationally

Files Form S-1 Registration Statement to receive up to $10 million to fund expansion 2019 to see expansion of hempSMART brand into Europe and Asia MCOA to continue projects expanding role in hemp industry as a grower in the U.S. and Canada Aggressive pursuit of business plan includes recent upgrade to OTCQB Venture Marketplace U.S. hemp market projected to represent 32 percent of a $5.7 billion global hemp market in 2020 Now that U.S. federal prohibition on hemp farming has been lifted through the passage and signing of the 2018 Farm Bill, analysts are predicting that the nation’s hemp industry…

WednesdayJan 23, 2019 4:20 am

420 with CNW – About 60 Closed Cannabis Dispensaries May Reopen in Michigan

The Michigan Medical Marijuana Licensing Board has voted to allow more than 60 medical cannabis dispensaries to reopen at least until March 31 as their license applications are processed. The decision was announced after there was an outcry that patients would find it hard to get medical cannabis if that large number of dispensaries is closed pending the processing of their license applications. The reprieve given to the closed businesses is subject to a number of conditions. First, the local government of the area should have granted the business approval to operate in their jurisdiction. The business should have also…