April 2019 - Page 10 of 13 - CannabisNewsWire

MondayApr 08, 2019 11:33 am

SOL Global Investments Corp. (CSE: SOL) (OTCQB: SOLCF) Aims to Secure Leading Position in Cannabis Market via Acquisitions and Partnerships

SOL is executing a 2019 acquisition and strategic partnership program to expand its legal cannabis market presence The company acquired all operations and assets of 3 Boys Farm, a brand known for its cultivation facilities and dispensaries; as part of this strategic expansion, 3 Boys will be opening eight new dispensaries in Florida over the course of 2019 SOL’s subsidiary, Heavenly Rx, recently announced the acquisition of 568 acres of hemp farms for biomass production The company is also focusing on its international expansion, especially on the European market; plans are in motion to open a network of clinics for…

MondayApr 08, 2019 10:47 am

Cannabis Strategic Ventures Inc. (NUGS) Growing in the Heart of California’s Cannabis Cropland

Cannabis Strategic Ventures sustains entrepreneurial growth within California’s cannabis industry through a diverse portfolio The company is building cultivation ventures in both Southern California and Northern California, and it recently received a $3 million funding commitment NUGS has filed an application to uplist to the OTCQB Venture Market this year California is a leader in the global cannabis oil market, which is expected to reach about $2.46 billion in sales by 2025 As California tax and fee regulators celebrate the approximately $300 million in sales and excise tax receipts brought in during the first year of recreational marijuana legalization in…

MondayApr 08, 2019 8:29 am

CannabisNewsBreaks – O’Cannabiz Pitch Contest to Position Winner on Popular Entrepreneur.com Web Series

O'Cannabiz, a leading business-focused cannabis conference and expo, recently announced that the "Future of Cannabis" pitch-a-thon will be taking place on Friday, April 26th at 10:30am at The International Centre in Mississauga. Sponsored and hosted by Leafwire, the most active social business network in the cannabis industry, the contest offers cannabis innovators the opportunity to pitch a panel of esteemed judges from Canada's top investment funds including Narbe Alexandria, President of Canopy Rivers and Matthew Nordgren, Managing Director, Arcadian Fund and others to be announced. "We're really excited to be part of O'Cannabiz for the second year in a row."…

MondayApr 08, 2019 4:20 am

420 with CNW – Florida Moves to Regulate the Potency of Smokable Medical Cannabis

Barely a month ago, Gov. DeSantis signed a bill to allow patients to smoke medical marijuana after protracted legal battles which ended when court ruled that banning smokable marijuana was unconstitutional. Now a bill to regulate the strength of the smokable medical marijuana has been passed by a House committee amidst protests by medical cannabis advocates. On Wednesday (April 3), the Health and Human Services Committee decided that the THC content of the marijuana flower that patients wish to smoke should not exceed 10 percent. Medical cannabis advocates protested, saying that such a cap didn’t even reflect the strength of…

FridayApr 05, 2019 4:20 pm

420 with CNW – Georgia on the Verge of Legalizing Medical Cannabis

The state assembly in Georgia has passed a bill that will allow medical marijuana to be grown and processed within the state. With the Governor ready to sign the bill, there seems to be no hurdle to medical marijuana becoming a reality. HB 324 was drafted in order to address the gaps that were created by a law passed in 2015 legalizing the use of low-THC cannabis oil for the treatment of a given set of medical conditions. However, that law didn’t create any provision for the cultivation, sale or possession of cannabis oil within Georgia. The bill that has…

FridayApr 05, 2019 12:27 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Talks DehydraTECH’s Lifesaving Technology on CEO Clips

LXRP CEO Chris Bunka explained in the interview that proprietary technology can save 60,000 lives annually if consumption habits of even one percent of smokers worldwide change CEO Clips videos are featured on business sites including BNN Bloomberg, Thomson Reuters, Yahoo! Finance and Stockhouse.com Bunka went on to described LXRP’s growing patent portfolio and noted that ingesting rather than inhaling, using DehydraTECH technology, could be a lifesaver Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Chris Bunka sought to raise awareness of LXRP in the financial community as he appeared, March 23-24, on CEO Clips via YouTube. In the video,…

FridayApr 05, 2019 12:04 pm

Cannabis Strategic Ventures Inc. (NUGS) Subsidiaries Carving Out Key Positions within Booming Cannabis Industry

Job growth in cannabis industry rose 44 percent in 2018, outpacing other sectors in job market Subsidiary BudHire uniquely positioned to capitalize on growing need for outsourced personnel solutions Legal cannabis spending worldwide expected to increase from $20.1 billion in 2018 to $43.3 billion in 2022 and $63.5 billion in 2024 Cannabis Strategic Ventures Inc. (OTC: NUGS), a Los Angeles-based cannabis firm, is moving swiftly to secure footholds in various sectors of the booming cannabis industry. Economists note that job creation in the cannabis industry is beginning to roll out massive numbers on both the recreational and medicinal sides, with…

FridayApr 05, 2019 11:09 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Reveals Impressive Revenue Growth in Unaudited Revenue Estimate of FY2018

The company estimated unaudited revenue of $8.4 million for the fiscal period ended December 31, 2018 The figure represents a 684 percent increase over FY2017 revenues Plus Products was ranked as the number one edibles brand in California during the third quarter of 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a leading edibles manufacturer with sales exclusively in California, recently provided its unaudited revenue estimate for the fiscal period ended December 31, 2018. This revenue estimate indicates that the company witnessed impressive growth during the 12-month period (http://cnw.fm/MzD5A). The company estimates that its unaudited revenue for the period totaled…

FridayApr 05, 2019 9:27 am

This Week in Cannabis: FDA Schedules a Public Hearing for Cannabis Policy

The cannabis news and updates never seem to slow down with so much happening. News highlights from this week include a big FDA announcement, Guam making a splash, Oregon voting to export, and more! Below is Green Flower's recap of all the big happenings from this week: FDA schedules a public hearing for cannabis What happened: This week FDA Commissioner Scott Gottlieb issued a statement regarding cannabis policy. In the statement, Gottlieb announced that a hearing is scheduled for May 31 to let people 'provide the FDA with additional input relevant to the agency's regulatory strategy' regarding cannabis and CBD. Why it matters:…

FridayApr 05, 2019 4:20 am

420 with CNW – Ireland Finally Selects a Medical Marijuana Supplier

The Irish government has revealed that it has finally identified and issued an import license to a Danish medical cannabis firm. The license was reportedly issued back in January. Slightly more than two years ago, Simon Harris, the Irish Health Minister, announced that Ireland would create a medical cannabis program for its patients who couldn’t be helped by the existing conventional treatments for their health conditions. However, little seemed to happen from the time that announcement was made. The revelation that a medical marijuana supplier had been found and licensed is therefore welcome news to the medical cannabis advocates in…