May 2019 - Page 6 of 12 - CannabisNewsWire

WednesdayMay 15, 2019 4:20 am

420 with CNW – Medical Cannabis Home Delivery Service Begins in Michigan

Medical marijuana provisioning centers (dispensaries) have started delivering medical cannabis to the front doors of patients who order for products online. Utopia Gardens LLC, based in Detroit, was the first dispensary to take advantage of the legal changes permitting medical cannabis delivery. Donnell Cravens, the manager of Utopia Gardens, explains that home delivery was a better way to serve patients, some of whom were undergoing chemotherapy which made it hard for them to move out of their homes in order to buy medical marijuana products. According to LARA, the state body charged with regulating the medical cannabis industry in Michigan,…

TuesdayMay 14, 2019 4:20 pm

420 with CNW – Patients Still Face Challenges Accessing Medical Marijuana, Toronto Conference Attendees Reveal

One would imagine that once a country or jurisdiction legalizes medical cannabis, then the patients there will find it easy to access prescription medical cannabis products. Sadly, this isn’t the case as panelists and attendees of the Medical Cannabis Conference in Toronto last week revealed. The first major challenge that medical cannabis patients face is the high prices of products. A clear example of this is in Canada which has had medical marijuana since 2001. Gerald Major, who is the president of a medical cannabis advocacy group in Canada called Canadians for Fair Access to Medical Cannabis, revealed during the…

TuesdayMay 14, 2019 3:57 pm

Next-level cannabis investor forum MjMicro debuts in NYC on June 25

MjMicro Conference (www.mjmicro.com), the next-level investor forum for publicly traded cannabis companies, debuts in New York City on June 25 at the Westin Grand Central Hotel. This one-day conference provides an exceptional opportunity for cannabis-related public entities to connect with private capital investors and also features presentations from noted industry experts. The MjMicro Conference is an invitational networking forum exclusively created to enable best-in-class and emerging public companies in the cannabis industry to meet with high-net-worth investors, venture funds and family offices, helping drive private investment capital into public entities, promote trading liquidity, and increase media and analyst coverage. “Our…

TuesdayMay 14, 2019 11:45 am

Cannabis Strategic Ventures Inc. (NUGS) Expands Portfolio in California’s Cannabis Space

Cannabis Strategic Ventures is dedicated to supporting entrepreneurial growth in California’s cannabis industry through acquisitions and partnerships California’s cannabis industry is the world’s largest market for the plant’s products, with expected sales revenues of $7.7 billion by 2022 NUGS subsidiary Asher House gained prominent media attention this month after an appearance on the Ellen DeGeneres show California’s pioneering entry into the medical cannabis and recreational marijuana industries continues to attract challenges, as exemplified through recent concerns over an expected supply shortage when some 10,000 cultivators’ temporary state licenses expired at the end of April (http://cnw.fm/IOIu2). As California’s legal infrastructure struggles to…

TuesdayMay 14, 2019 10:21 am

How To Amplify Medical Cannabis Benefits with Nutrition

Medical cannabis is a wonderful healing tool. However, the plant should be considered just that – a tool and not a cure-all. While the herb can be very effective for a variety of ailments, it’s still just one part of something much larger you can do for your overall health: a balanced diet. It's a great question: how are your nutrition levels these days? The food you eat could be making any underlying health conditions worse – or better, depending on what it is you're eating. In other words, for anybody seeking relief or improved quality of life through medical…

TuesdayMay 14, 2019 9:00 am

Hemp Companies Move to Tackle CBD Shortfall

CannabisNewsWire Editorial Coverage: A boom in demand for cannabidiol (CBD) has created an alarming shortage, which savvy hemp companies are aggressively looking to solve. Cultivation supplies company Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) has acquired several other suppliers, allowing it to benefit from economies of scale. Canadian cultivator Tilray Inc. (NASDAQ: TLRY) is investing heavily in new growing space. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has expanded from Canada into the United States and is collaborating with other companies to meet demand. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has received a substantial inflow of funds from a tobacco…

TuesdayMay 14, 2019 4:20 am

420 with CNW – Health Canada Changes Tactics in a Bid to End Cannabis Shortages

Tired of the endless cannabis shortages which have threatened to hand the legal cannabis industry back to the black market, Health Canada has come up with a new way to increase how soon a newly licensed cultivator can start growing cannabis. The solution that Health Canada wants to start implementing entails giving production licenses to entities which already have a cultivation facility ready. This means that companies which want to grow cannabis will have to first construct the greenhouses they intend to use so that the facilities can be ready for inspection by Health Canada. Facilities which pass the inspection…

MondayMay 13, 2019 4:20 pm

420 with CNW – 38 Attorneys General Urge Congress to Open Banking System to Marijuana

Thirty-eight attorneys general have written a letter to Congress asking the lawmakers to pass legislation which will enable the banking industry to receive money from legitimate marijuana businesses. The attorneys general are from different states and territories where marijuana is legal in some form. While more than 33 states have legalized medical marijuana and 10 states plus the District of Columbia have legalized recreational cannabis, the federal government still regards marijuana as an illegal substance. This federal government position means that banks face a risk of federal enforcement action if money from the cannabis industry finds its way into any…

MondayMay 13, 2019 1:36 pm

7 Benefits for Treating Multiple Sclerosis with Cannabis

Multiple Sclerosis (MS) is an autoimmune disease characterized by chronic inflammation of the myelin sheath that encloses nerves in the brain and spinal column. When this tissue becomes inflamed for long periods of time, it causes irreversible tissue damage that inhibits the ability of the nerves to communicate with the body through the central nervous system. The result of this damage is chronic pain, loss of motor control, fatigue, and muscle spasticity and weakness. Over the last several years, extensive research has been performed to study the effects of cannabis on the symptoms associated with MS. The results have been…

MondayMay 13, 2019 1:24 pm

ChineseInvestors.com Inc. (CIIX) Subsidiary Launches Pop-Up Store Offering Hemp/CBD Products

CIIX recently became the first Chinese company to sell CBD products in the United States The company launched a pop-up kiosk in the Glendale Galleria Mall to sell industrial hemp/CBD products CIIX recorded an 80 percent YOY increase in Q3 fiscal 2019 sales numbers ChineseInvestors.com Inc. (OTCQB: CIIX), having established itself as a leading financial information website for Chinese-speaking investors in the United States and China, recognized unprecedented opportunities in the U.S. cannabis industry. Seeing that opportunity, CIIX began laying the groundwork to capitalize on the growing demand for cannabidiol (CBD)-based nutrition and health products. In doing so, CIIX became…