March 2019 - Page 3 of 14 - CannabisNewsWire

TuesdayMar 26, 2019 4:20 pm

420 with CNW – DEA Seeks Contractor to Burn Illegal Weed in Arizona

The U.S. DEA (Drug Enforcement Agency) is looking for a contractor in Arizona to incinerate cannabis between the months of March and September. The contractor will be expected to burn cannabis at a rate of 1,000 pounds every hour. The marijuana will be brought to the incineration facility from about 12 cities within Texas. While the agency isn’t certain about the way in which the marijuana to be burnt will be packaged, they predict that some of it will be in the form of tightly packed “bales” or ”bricks” weighing less than 60 pounds. Some marijuana will be in plastic…

TuesdayMar 26, 2019 1:21 pm

Strategic Acquisition Spree Spurs ‘Buy’ Recommendation for C21 Investments Inc. (CSE: CXXI)

Booming cannabis industry still in early stages and fragmented Industry consolidation inevitable Prospective opportunities likely with consolidators From the shadows, cannabis has surged into the spotlight, establishing medical credence and economic clout along the way. The nascent industry has shaken off early trepidations and has now become a serious and respected sector in the financial arena. Consensus is that both the cannabis markets and the industry itself are just in their early stages and are expected to grow exponentially from here. Much like the early days of the internet gold rush, a multiplicity of business enterprises are sweeping over the…

TuesdayMar 26, 2019 12:25 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Advancing Global Medical Cannabis Strategy

The Supreme Cannabis Company focuses on high-quality cannabis products via its 7ACRES subsidiary The company also has a strategic equity investment in Medigrow Lesotho Supreme has signed a letter of intent with Malta Enterprises BMO recently initiated coverage of Supreme The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) concentrates on growing the world’s best cannabis and becoming a leader in the global industry. The company’s flagship brand is 7ACRES, which is its licensed producer subsidiary that operates a 440,000-square-foot facility in Kincardine, Ontario. The 7ACRES subsidiary received ‘Brand of the Year’ recognition at the 2018 Canadian Cannabis…

TuesdayMar 26, 2019 11:56 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Revolutionary Technology is Disrupting the Cannabis Edibles Industry

Lexaria Bioscience Corp. is the only company worldwide with patents issued for oral delivery of all cannabinoids Its proprietary technology bests traditional methods such as inhalation in several key ways The company continues to enhance its intellectual property portfolio as it pursues patents around the world Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a food biosciences company, has developed a proprietary technology that has revolutionized the way cannabidiol (CBD) and other non-psychoactive cannabinoids are delivered into the bloodstream. Lexaria, the only company worldwide with patents issued for oral delivery of all cannabinoids, has greatly improved the delivery of bioactive compounds.…

TuesdayMar 26, 2019 11:30 am

John Cochran, Harvest Health & Recreation Inc. COO and former Pabst Brewing Co. CEO, to Deliver Cannabis Conference 2019 Welcome Keynote

John Cochran, Chief Operating Officer of Harvest Health & Recreation, (CSE: HARV) (OTCQX: HRVSF) (“Harvest”), will deliver the Welcome Keynote, “Tapping the Beverage Market Boom,” at Cannabis Conference 2019, April 1-3, in Las Vegas, Nev. “While alcohol and cannabis differ in many ways, the regulatory framework and consumer trends shed light on the future of the plant in this country and around the world,” said Cochran, who is the former CEO of multistate cannabis company Loudpack Inc., former CEO of Pabst Brewing Company, and former president and COO of Fiji Water Company. “I’m excited to share the lessons I’ve learned after decades at some…

TuesdayMar 26, 2019 11:17 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Anticipates Year of Growth through Strategic Partnerships, Cannabis Beverage Tech

Sproutly Canada reaches company milestone with its first completed harvests of premium quality, small-batch cannabis The company offers the world’s first natural, truly water-soluble cannabis solution made with bio-natural oils through subsidiary Infusion Biosciences The Canadian cannabis beverage market is estimated to reach up to $4.4 billion by 2024 Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) envisions a year of growth and expansion through its focus on cannabis beverages made using a revolutionary process featuring water-soluble ingredients. Since going public in July 2018, with a focus on its goal of becoming a global competitor in the cannabis beverage…

TuesdayMar 26, 2019 9:00 am

CBD Going Mainstream amid Flood of New Products, Celebrity Endorsements, and Emerging Consensus about Benefits

CannabisNewsWire Editorial Coverage: Analysts at Brightfield Group see CBD (cannabidiol) gobbling up a sizeable chunk of a projected $100 billion nutraceuticals 2022 U.S. market. $22 billion-plus CBD market could eclipse broader cannabis market Growing consensus about health benefits backed by clinical work, personal endorsements CBD found in everything from beverages and dog treats to pharmaceuticals and wellness products The opening of the CBD floodgates represents a huge opportunity for plant-based wellness and health-product developers such as Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) and Green Growth Brands Inc. (OTCQB: GGBXF) (CSE: GGB), a lifestyle-oriented developer of cannabis and CBD…

MondayMar 25, 2019 11:42 am

Earth Science Tech Inc. (ETST) Expands Distribution for CBD Products on Market Expected to Reach $16 Billion

New analysis by Cowen & Co. sees market for CBD products in the U.S. reaching $16 billion by 2025 Dispensaries and health care practitioners included in expanded markets for ETST’s CBD line under new distribution agreements Cowen & Co. research projects that cannabis-based products will reach 10 percent of U.S. adults by 2025 Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is expanding its full-spectrum cannabidiol (CBD) product distribution in wider markets as a new study by Cowen & Co. sees cannabis products reaching $16 billion in the U.S. by 2025 (http://cnw.fm/gY0eP). ETST’s…

MondayMar 25, 2019 10:53 am

ChineseInvestors.com Inc. (CIIX) Capitalizing on Growing Demand for CBD-Infused Health and Wellness Product Lines

ChineseHempOil.com Inc.’s consumer product line has been rebranded under the new ‘opt’ brand CEO Warren Wang sees potential to uplist to the NYSE or Nasdaq Small Cap Market as company reaches up to $10 million in annual volume Subscription revenues for premier financial information website targeting Chinese-speaking investors increased by 40 percent year-over-year ChineseInvestors.com Inc. (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, is following a promising game plan that includes consolidation of the its domestic consumer sites into a single channel to provide a one-stop shop for consumers…

MondayMar 25, 2019 9:00 am

Hydroponic Supplies Play Key Role in Hemp Market Growth

CannabisNewsWire Editorial Coverage: Surging hemp market growth has created huge demand for hydroponic supplies. Demand for CBD is driving a rise in hemp cultivation, much of which is done indoors using hydroponic equipment. This hydroponic approach allows greater quality control over the cultivation process and the hemp. Acquisitions and expansion are needed for hydroponic companies to keep up with demand. Hydroponic supplier Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) has been making swift moves to deal with this demand, acquiring other supply companies and outlets. Canadian company Tilray Inc. (NASDAQ: TLRY) has acquired the world’s largest hemp foods company, giving it…

News and publishing service for cannabis related companies

Contact us: 512.354.7000

Month: March 2019