July 2019 - Page 9 of 14 - CannabisNewsWire

MondayJul 15, 2019 4:20 am

420 with CNW – Group Announces Intention to Initiate Ballot Measure to Legalize Recreational Marijuana in Arkansas

A marijuana education and advocacy group in Arkansas has announced that it plans to file two petitions with the state government so that recreational marijuana can be legalized through a ballot measure. The second petition covers the expungement of marijuana-related convictions. Drug Policy Education Group (DPEG), the nonprofit planning the petitions, says that they had initially wanted to have both issues (legalization and expungement) in the same initiative. However, their legal advisors recommended that they submit separate petitions since it would be hard for the Attorney General to approve a petition which has a constitutional amendment within another proposed amendment.…

FridayJul 12, 2019 4:20 pm

420 with CNW – The Global Cannabis Market is Expected to Be Worth $66.3B by 2025

The global legal cannabis market size is predicted to reach $66.3 billion by the end of 2025. This market is expected to grow at a compounded annual growth rate (CAGR) of 23.9 percent within the years covered in the forecast. The increasing legalization of marijuana and the demand for medicinal marijuana is expected to be the key driver of this market growth. In the coming years, the growing demand for cannabis products in the treatment of various health conditions, such as Alzheimer’s, cancer, Parkinson’s, arthritis, and several neurological conditions is expected to boost the demand for marijuana as a pharmaceutical…

FridayJul 12, 2019 1:03 pm

MustGrow Biologics Corp. (CSE: MGRO) Shares Commence Trading on the Canadian Securities Exchange

The company has 25 million common shares issued and outstanding Canadian Securities Exchange trading began on July 10, 2019 The listing is anticipated to lead to new opportunities for MustGrow and its signature biopesticide and biofertilizer technologies The cannabis market is seen as a major opportunity for MustGrow technologies Agricultural biotech company MustGrow Biologics Corp. (CSE: MGRO) recently received Canadian Securities Exchange (CSE) approval for the listing of its common shares. The shares began trading on the CSE under ticker symbol ‘MGRO’ on July 10, 2019 (http://cnw.fm/Yrro9). The company has 25 million common shares issued and outstanding and 36.9 million on…

FridayJul 12, 2019 12:05 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Debuts Global Strategic Hemp Division, Organic Certification

TGOD is expanding into the global organic-hemp CBD market with its Global Strategic Hemp Division; the global CBD market is forecast to reach $22 billion in three years The company’s flagship Quebec facility received organic certification from Pro-Cert; the site is slated to reach more than 1.3 million square feet TGOD plans to enter the U.S. hemp-CBD beverage market through existing partnerships The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is entering the global hemp-CBD market by debuting its Global Strategic Hemp Division. The move will leverage the company’s expertise in the European hemp-CBD market across its established…

FridayJul 12, 2019 11:02 am

You’ve heard about CBD… What about CBDa?

Humans have a long history with the cannabis plant. Some experts suggest that it is one of the oldest cultivated agricultural crops. Both hemp seeds and flowers were reportedly once eaten by ancestral communities. Cannabis flowers were also included with other crude herbal preparations, such as beer and saffron, as early forms of medicine. While there is substantial evidence that cannabis was used in ancient cultures for its medicinal and psychoactive properties, the plant also provided a valuable source of nutrition. In fact, theorists suggest that foods and medicines may have been considered the same thing by many ancient cultures.…

FridayJul 12, 2019 10:12 am

Plus Products Inc.’s (CSE: PLUS) (OTCQX: PLPRF) Debentures, Warrants Begin Trading on Canadian Securities Exchange

On July 2, PLUS warrants and debentures began trading on the Canadian Securities Exchange under ticker symbols ‘PLUS.DB’ and ‘PLUS.WT’ The warrants and debentures were part of a brokered private placement that closed in February 2019, raising gross proceeds of C$25 million Plus Products is a San Mateo, California-based manufacturer and marketer of cannabis food products; it has grown from its California base into Nevada Plus Products Inc.’s (CSE: PLUS) (OTCQX: PLPRF) debentures and warrants from its brokered private placement that closed February 28, 2019, were listed, beginning July 2, on the Canadian Securities Exchange under ticker symbols ‘PLUS.DB’ and…

FridayJul 12, 2019 4:20 am

420 with CNW – Marijuana Justice Coalition Releases Statement on Principles for Ending Marijuana Prohibition

The Marijuana Justice Coalition, an entity that brings together different groups that want to see justice in all matters connected to marijuana, have released a statement in which they outline the principles that the federal government and Congress should bear in mind as they consider bringing an end to the prohibition of marijuana nationwide. The entities which signed this statement include Human Rights Watch, Center for Law and Social Policy, Immigration Legal Resource Center, Students for Sensible Drug Policy, Center for American Progress, Drug Policy Alliance, and NORML, among others. The group starts by remarking that marijuana prohibition has devastated…

ThursdayJul 11, 2019 4:20 pm

420 with CNW – Possession Limits Increased for New Jersey Medical Marijuana Patients

Last week, Gov. Phil Murphy signed a bill that will expand the medical marijuana program of the state. One of the notable changes in the bill is that patients who could only possess a medical cannabis supply that can last 90 days can now legally possess a year’s worth of medical marijuana supplies. This change has been applauded by pro-marijuana advocates because it will reduce the inconveniences and costs associated with making frequent trips to a dispensary, especially for patients and caregivers will don’t stay near a provisioning center and those who have mobility challenges. The number of medical cannabis…

ThursdayJul 11, 2019 12:43 pm

City View Green Holdings Inc.’s (CSE: CVGR) Partner Announces Substantial Retail Expansion in Alberta Cannabis Marketplace

City View Green Holdings Inc. and Budd Hutt Inc. recently announced an agreement to acquire eight retail cannabis store locations in Alberta Investor Quinsam Capital provided an initial investment of $1.1 million as part of a loan arrangement with Budd Hutt Budd Hutt plans to establish a flagship location in Alberta to serve as a showpiece for the future of its proposed national retail chain City View Green Holdings Inc. (CSE: CVGR), a vertically integrated cannabis company, recently announced an exciting development occurring with retail partner Budd Hutt. The latter has entered into an agreement to significantly expand its footprint…

ThursdayJul 11, 2019 12:14 pm

Geyser Brands Inc. (TSX.V: GYSR) Strengthens Leadership with Key Appointments

Seasoned life sciences executive Dr. Bin Huang has been appointed to the Geyser board of directors Chartered Professional Account Gordon Clissold has been named chief executive officer Geyser Brands is entering into a definitive agreement for the acquisition of Solace Management Group, which will broaden the company’s range of CBD- and hemp-based products Geyser Brands Inc. (TSX.V: GYSR), a leading consumer health care company based in Vancouver, British Columbia, builds health-based hemp CBD consumer products in the worldwide nutraceutical, cosmetics, food & beverage and pet sectors. Recent pivotal appointments to Geyser Brand’s leadership team are expected to strengthen the company’s…

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Month: July 2019