January 2019 - Page 6 of 12 - CannabisNewsWire

FridayJan 18, 2019 10:37 am

ChineseInvestors.com Inc. (CIIX) Set to Ring in Chinese New Year with Launch of Branded Hemp Wine Product

China has a centuries-old tradition of promoting herbs and other earthy, natural health remedies The village of Bama in China’s southern region has gained renown for the percentage of centenarians amid its population, and as the source of hemp rice wine ChineseInvestors.com recently announced the launch of a branded Hemp Wine product by its cannabis industry subsidiary, CBD Biotech The Hemp Wine launch in collaboration with tourism-friendly Bama’s Institute of Longevity of the Elderly is taking place amid preparations for Chinese New Year festivals Chinese-language investment news outlet ChineseInvestors.com Inc. (OTCQB: CIIX) is launching its first self-branded rice wine alcohol…

FridayJan 18, 2019 4:20 am

420 with CNW – South Carolina Legislators Introduce Bill to Legalize Medical Marijuana

It seems South Carolina is next in line to act upon the growing popularity of marijuana across the U.S. Two legislators have tabled a bill that, if passed, would allow patients to start using medical marijuana. The Compassionate Care Act is sponsored by Rep. Peter McCoy and Sen. Tom Davis. When unveiling the bill, Sen. Davis said that their interest in introducing that bill was to make it possible for patients and their doctors to decide whether medical marijuana can be helpful in promoting the health of the patient. Such a decision should not be left to politicians or law…

ThursdayJan 17, 2019 4:20 pm

420 with CNW – Oklahoma City School Board Passes Marijuana Policy

Voters in Oklahoma approved a ballot measure last year in June making medical marijuana legal in the state. Recently, the school district in Oklahoma City passed its own medical marijuana policy to clarify what employees and students could or could not do now that medical marijuana is legal in the state. On Monday this week (January 14), the Oklahoma City Public Schools Board released its marijuana policy in which the district asserted that it would not take any action against any employee who holds a medical marijuana license. However, the same policy also had a clause that barred employees from…

ThursdayJan 17, 2019 11:28 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives $1 Million from New Partnership with Altria to Fund DehydraTECH R&D

LXRP’s subsidiary, Lexaria Nicotine LLC, enters definitive investment agreement with Altria Ventures Inc.; Altria to fund R&D, receive license rights and equity Altria will fund research on LXRP’s DehydraTECH oral nicotine products, pay sales royalties and may fund up to $12 million more through a series of private financings LXRP has not sold or optioned its own equity and still retains majority equity ownership of Lexaria Nicotine, LLC; Altria would receive minority equity interest in the subsidiary Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) wholly owned subsidiary, Lexaria Nicotine LLC, has entered a definitive investment agreement with Altria Group Inc.’s…

ThursdayJan 17, 2019 4:20 am

420 with CNW – Records Show 61 Tons of Medical Marijuana were Consumed in Arizona in 2018

State records that were published on January 14 show that Arizonans set a record in the state by consuming a total of 61 tons of different forms of medical marijuana. The report shows that Arizona medical cannabis dispensaries sold 2.5 tons of marijuana edibles last year. One interesting thing about this statistic is that in 2012, the entire state consumed that exact quantity of cannabis products. That year was the first full year since the medical marijuana was legalized. Another comparison with that first year has to do with the number of patients who acquired medical cannabis cards. In 2012,…

WednesdayJan 16, 2019 4:20 pm

420 with CNW – California Firm Plans Mega Cannabis Facility in Buffalo

Flora California Prime, a cannabis company based in San Diego, intends to build a $200 million cannabis campus in Buffalo once New York legalizes recreational cannabis. Flora California Prime is undertaking the project as a joint venture with Zephyrs Investors (a real estate development firm owned by Brad Termini). The facility would create up to 1,000 jobs during and after its construction in the vicinity of Tifft Nature Preserve in Buffalo. These people would be employed to do research work, work in the labs, be involved in manufacturing and other related activities. Brian Termini, the co-founder of Flora California Prime…

WednesdayJan 16, 2019 3:53 pm

What’s the Difference: Legal Cannabis vs Black Market Cannabis

Imagine the freedom and convenience of being able to walk into a well-lit store and purchase cannabis. For some consumers, that may seem like a distant dream, and for a growing number of consumers, it’s a wonderful reality. A growing number of states in the U.S. now allow adult-use cannabis sales. The unregulated market still exists in those states, and it is decreasing in size with every day that goes by because it’s becoming increasingly harder to compete with dispensaries. Here is why most consumers tend to prefer legal cannabis over black market mystery cannabis. Lab tested One of the biggest advantages…

WednesdayJan 16, 2019 11:16 am

Golden Developing Solutions, Inc. (DVLP) Sees Powerful Growth Potential in Company’s Expanding Selection of CBD Products, Mobile Apps

Global acceptance of cannabis and related CBD products continues to increase Worldwide legal cannabis market projected to reach $146 billion by end of 2025 Consumer demand for CBD products expected to explode with U.S. legalization of hemp New software division, Greener Grows, joins Where’s Weed and upcoming Where’s CBD As an emerging leader in ancillary software and the cannabidiol (CBD) products marketplace, Golden Developing Solutions, Inc. (OTC: DVLP) provides business services and/or products supporting the cannabis industry, including an online retail business for CBD, hemp oil and health/wellness-related products. The company recently launched its new software division, called ‘Greener Grows’,…

WednesdayJan 16, 2019 9:00 am

New Laws Set Up US Cannabis Industry for Explosive Growth

CannabisNewsWire Editorial Coverage: The 2018 U.S. Farm Bill changes the way that CBD-based products are legally classified. If the federal government permits the sale of cannabis-sourced products online, established companies in the space could reap huge rewards. The legalization of cannabis in Canada and some U.S. States has demonstrated the latent demand for cannabis-based products. CBD is used to make numerous products and its potential uses are growing. Research suggests that the market for CBD products could grow to an estimated $22 billion over the next four years. SinglePoint Inc. (OTCQB: SING) (SING Profile) is in a good position to…

WednesdayJan 16, 2019 4:20 am

420 with CNW – Missouri Plans to Host Medical Marijuana Trade Show in March

Voters in Missouri voted to legalize medical marijuana during the midterms last year and now the state is planning to have a medical marijuana business conference and expo in March this year. The trade show has been dubbed MoCannBizCon+Expo and it is slated to take place on March 11-12 in St. Louis at the Union Station. The trade show is being organized by the Medical Cannabis Trade Association. Between 1,000 and 1,500 people are expected to attend this first of a kind event in the state. The organizers plan to use this event as a platform to educate people about…