April 2019 - Page 4 of 13 - CannabisNewsWire

WednesdayApr 24, 2019 9:58 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Completes Acquisition of Large California Site with Closed-Loop Cannabis Production Potential

TransCanna Holdings’ purchase of a 5.5-acre site in Northern California with a 196,000-square-foot facility onsite is expected to set the stage for the company’s self-contained ecosystem to create or acquire 15 premium brands by controlling all aspects of production, distribution and sales Cannabis sales in California are expected to reach $5.1 billion this year and climb to $7.7 billion by 2022 TransCanna’s site purchase advances plans for an additional 600,000-square-foot facility for biomass growth A successful, oversubscribed private placement raised gross proceeds of C$16 million to help fund plans for the site Cannabis branding and distribution company TransCanna Holdings Inc.…

WednesdayApr 24, 2019 9:49 am

Vape Pens and Cartridges: Small Devices with a Big Environmental Impact

Vape pens and vape devices, for both cannabis and tobacco, are more popular than ever. But there's a catch... Aside from growing concern over potential health issues associated with these devices, vape pens and cartridges also come with quite an environmental impact. These are small devices, yet due to their complexity and wide variety of material components used, they have a disproportionately large environmental impact. Less Environmentally Friendly by Design Logically, a manufactured product can never be as environmentally friendly as cultivated cannabis flower. That is because the process of manufacturing that cannabis flower into a concentrate, edible, topical, or a cartridge…

WednesdayApr 24, 2019 4:20 am

420 with CNW – Maine Releases Recreational Marijuana Draft Rules

Ever since voters in Maine approved a ballot measure to legalize recreational marijuana in 2016, the state had never formulated rules to regulate the commercialization of adult-use cannabis even if residents were allowed to grow a limited number of cannabis plants soon after the midterm vote that paved the way for recreational marijuana. Two years later, the state has released its draft rules indicating how the recreational market will be regulated. The draft rules indicate that applicants will first have to obtain a conditional license from the state before getting the approval of the town or city where the applicants…

TuesdayApr 23, 2019 4:20 pm

420 with CNW – Cannabis Legalization Not Linked to Increased Traffic Fatalities, Study Finds

According to a new study whose findings were released this month, there is no link between the legalization of marijuana and an increase in traffic deaths. This conclusion was arrived at by Andrew Young, a graduate student at Kansas State University after he analyzed traffic deaths data covering 23 years. Young used two different statistical models to assess how the change in cannabis policy and laws in different states has impacted road safety. The researcher concluded that the legalization of marijuana isn’t a significant predictor of fatalities on roads. This means that statistically, there is no proof that cannabis legalization…

TuesdayApr 23, 2019 12:04 pm

How CBD and Cannabis Companies Advertise without Google or Facebook

Every day we’re seeing new cannabis and CBD brands popping up with creative new products to appeal to today’s consumers. Although black market cannabis sales still exist, the recent legality of hemp and increased state-level acceptance of cannabis has lead to new businesses flooding the market. For the companies trying to take advantage of this increasing legal marketplace, getting their brand out there has been difficult. One of the main reasons is that Google, Facebook, and Instagram simply don’t allow paid advertising from industry brands. If you were to start a conventional online business selling clothing or jewelry, you could take…

TuesdayApr 23, 2019 10:47 am

ChineseInvestors.com Inc.’s (CIIX) CBD Biotech Introduces Hemp-Plant Extraction and Cosmetics at Expo in Hanoi

CIIX’s CBD Biotechnology Co. Ltd. explored new partnership opportunities at Vietnam Expo CBD Biotech exhibited self-branded, hemp-infused skin care line CIIX aims to build new markets for industrial hemp products throughout Asia ChineseInvestors.com Inc.’s (OTCQB: CIIX) wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., introduced its new efforts in hemp plant extraction and associated cosmetics at the 29th Vietnam Expo in Hanoi, which was held on April 10-13. The company exhibited its self-branded, hemp-infused skin care line, establishing CBD Biotech as one of the first companies in China to offer skin care products infused with hemp oil and hemp leaf…

TuesdayApr 23, 2019 9:00 am

The Cannabis Bonanza Has Just Begun

CannabisNewsWire Editorial Coverage: The cannabis industry presents a rare opportunity to profit from spectacular growth in a virtually untapped market. Legal marijuana market projected to reach $146.4 billion. United States and Canada current epicenter of cannabis growth. Brand recognition and retail reach imperative for market share. Capturing market share and creating long-term success in this explosive market will require brand recognition and retail reach. Shortly after posting its tenth consecutive quarter of increased revenues, Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) announced intentions to further expand its footprint with the acquisition of premier licensed cannabis retailer, City Cannabis Corp.…

TuesdayApr 23, 2019 4:20 am

420 with CNW – Nevada Dragged to Court Over the Issuance of Marijuana Licenses

The growing discontent among companies that weren’t selected to receive one of the marijuana business licenses issued by the State of Nevada has grown to an extent of lawsuits being filed against the tax department. A dozen companies have gone to court and want the state to be stopped from issuing more licenses until court decides whether the selection process was “capricious and violated the state constitution.” A total of six lawsuits have been filed, all alleging that no one knows what criteria was used by the state when selecting the cannabis companies to grant a license and which applications…

MondayApr 22, 2019 4:20 pm

420 with CNW – StatsCan Reveals that Cannabis Legalization Resulted in Canadian Weed Becoming More Expensive

Data released by Statistics Canada last week shows that after recreational cannabis was legalized in Canada on October 17, 2018, the price of legal marijuana increased by approximately 17 percent. However, the Canadians who are buying pot from the licensed suppliers are paying about 57 percent more for the product when compared to those who are getting their weed from the black market. Statistics Canada (StatsCan) arrived at these figures after collecting data from residents who were asked to volunteer information without any fear that they would be victimized for revealing their cannabis buying habits. This creative approach helped StatsCan…

MondayApr 22, 2019 12:40 pm

Cannabis Replacing Alcohol? Health Benefits and Advantages

The growing number of cannabis users and newcomers to the cannabis culture often wonder whether cannabis is a healthier substitute for alcohol. People are starting to ask themselves if it’s better to relax after a tough day at work with a drink in hand or a cannabis product. Studies observing the effects of cannabis versus alcohol have found that there is a good reason to choose cannabis over alcohol. Cannabis offers fewer health risks and can even lead to distinct health advantages thanks to its medical value. The Effects of Cannabis VS Alcohol Both alcohol and cannabis include psychoactive properties that…