July 2019 - Page 7 of 14 - CannabisNewsWire

WednesdayJul 17, 2019 1:13 pm

NCIA Cannabis Business Summit & Expo is Attracting the Industry’s Biggest and Best

If you’re known by the company you keep, then the NCIA is moving with the right crowd. Mike Lee, executive VP & CFO of Canopy Growth Corporation (NYSE: CGC), will be a keynote speaker at the organization’s 6th Annual Cannabis Business Summit & Expo, to be held July 22-24 at the San Jose McEnery Convention Center in San Jose, California. In the cannabis world, they don’t come bigger or better than Canopy Growth. The Ontario-based CGC was the first cannabis company to be listed on the New York Stock Exchange and the industry’s first ‘unicorn’. It is now valued at…

WednesdayJul 17, 2019 12:14 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Partners with Khalifa Kush to Introduce KKE Oil

KKE Oil is expected to be the first in a full suite of recreational products to be launched through a partnership between Supreme Cannabis Company and Khalifa Kush Enterprises Canada The KKE Oil line is anticipated to be available early July 2019 in Alberta, Canada, and by the end of this week in British Columbia and Ontario Canada will be the first country outside of the United States to have KKE products available for purchase The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), in partnership with Khalifa Kush Enterprises Canada, is debuting a new line of cannabis…

WednesdayJul 17, 2019 11:48 am

Keeping Hemp Production Costs Low through Technology: How Hemptown USA is Changing the Lucrative Market

The fast-growing hemp market is driving intense competition, with innovative cultivation practices serving as a major factor of differentiation Hemptown’s cultivation methodology, paired with a genetic modification advantage, is expected to lead to increased yields and lower costs The company is scaling up operations to meet rising demand; it anticipates up to $200 million in revenue by 2020 Legislative changes in the U.S. and other parts of the world, as well as changing consumer attitudes, are contributing to the rapid expansion of the hemp products market. The industrial hemp market is anticipated to grow at a CAGR of 18.3 percent…

WednesdayJul 17, 2019 4:20 am

420 with CNW – New Jersey Starts Accepting Applications from Additional Marijuana Businesses

On Monday, the Department of Health in New Jersey announced that interested parties could start submitting their applications to grow and sell marijuana. Both nonprofit and for-profit entities are eligible to apply during this round of licensing. Those planning to be growers or sellers of medical marijuana have until August 21 to submit their applications. New Jersey plans to license five additional cultivation facilities as well as 15 medical marijuana dispensaries. 4 licenses will also be granted to “verticals.” These are entities which are vertically integrated (they can cultivate, process and sell marijuana). Entities that apply for the licenses will…

TuesdayJul 16, 2019 4:20 pm

420 with CNW – Marijuana Legalization Results in Fewer Illegal Grows in National Forests, Study Finds

New research shows that as marijuana started being legalized for recreational purposes in different states across the U.S., the reported cases of illicit grow sites within protected lands started falling. The research findings, released in Ecological Economics, specifically point out that illegal grows on national forests saw a major decline in the Pacific Northwest after cannabis legalization started. USDA’s Forest Service analyzed the available data on the illegal marijuana grow sites discovered and reported between 2004 and 2016. This data was in regard to 111 national forests. The researchers considered several factors, such as the retail price of pot, state…

TuesdayJul 16, 2019 12:50 pm

One of the Leading Canadian Cannabis Licensed Producers – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Expanding Capacity

Organigram has distribution in all 10 Canadian provinces and has now received licensing approval from Health Canada for its Phase 4A expansion efforts, which are expected to bring its annual production capacity to 61,000 kg The company is well-positioned for Canada’s anticipated edibles and derivative legalization, expected in October 2019, with expanding production capacity, R&D and various strategic partnerships Phase 4 construction is on track for completion by the end of 2019, with an aim of increasing target production capacity to 113,000 kg per year once fully licensed and operational Organigram Holdings Inc. (NASDAQ: OGI) (TSX.V: OGI) is pursuing an…

TuesdayJul 16, 2019 12:22 pm

Green Hygienics Holdings Inc. (GRYN) Increases Presence in California and Michigan with Licenses to Cultivate Industrial Hemp

The global industrial hemp market is projected to grow from $4.6 billion in 2019 to $26.6 billion by 2025, at a CAGR of 34 percent Green Hygienics is authorized for commercial production of industrial hemp in California and Michigan and has plans to expand its cultivation capabilities to multiple states Green Hygienics is moving to purchase the Potrero Ranch property near San Diego, California, which offers ideal conditions for hemp cultivation Green Hygienics Holdings Inc. (OTCQB: GRYN), an innovative, science-driven premium cannabis cultivation and branding enterprise, is gaining momentum in its bid to expand the company’s cultivation capabilities to multiple…

TuesdayJul 16, 2019 11:56 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Creating High-Quality Products and Brands that Consumers Trust

IONIC has grown from a family-run business selling vape pens in Washington state to an award-winning cannabis holding company with a multi-state portfolio The IONIC Premium Vape Pen holds a consistent spot in the top 10 vape brands in Washington, bringing in $9.9 million in sales in 2018 The company set the bar for trust and transparency in cannabis retail by partnering with Lucid Green to create the first-ever direct-to-consumer platform providing product-specific information A family-run business that began by selling vape pens in Washington state is now a publicly traded company positioned to take recreational cannabis nationwide and with…

TuesdayJul 16, 2019 11:26 am

Golden Developing Solutions Inc. (DVLP) Leading the Way with Premier CBD Products, Ancillary Software

DVLP provides business services and products for the cannabis industry The company’s focus is on cannabidiol and ancillary software DVLP is in the process of moving into a new production facility in Denver Golden Developing Solutions Inc. (OTC: DVLP) is an emerging leader in the CBD (cannabidiol) products marketplace and ancillary software. Golden Developing Solutions provides business services and products supporting the cannabis industry, including an online retail business for CBD, hemp oil and other health- and wellness-related products. Additionally, Golden Developing Solutions is concentrating on acquisitions of CBD firms that are in compliance with state and federal laws. Fundamentally,…

TuesdayJul 16, 2019 10:41 am

6 Amazing Medicinal Properties of Cannabis Terpenes

With at least 100 different terpenes having been identified in cannabis, these special compounds definitely deserve your attention. At first glance, terpenes are the organic compounds responsible for the wide variety of fragrant flavors and smells in cannabis. And that's only the beginning. Terpenes also have a synergistic effect with the other compounds in cannabis, essentially shaping the mood and feel of the cannabis experience. This is why cannabis varieties with similar cannabinoid profiles can have completely different effects – all thanks to the strain’s unique terpene profile. While we’re still discovering the full capability of these awesome plant molecules,…

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Month: July 2019