ThursdaySep 12, 2019 4:20 pm

420 with CNW – DEA Wants 3,200 Kilos of Marijuana Grown Legally in 2020

Next year, the Drug Enforcement Administration (DEA) plans to authorize the cultivation of 3,200 kilos of marijuana that will be used for research and other federally-approved purposes. This plan is part of the anti-narcotics agency’s annual quota for the production of controlled substances that will be used for the scientific, medical, research and industrial needs of the U.S. The quota also includes the amounts of controlled substances that are needed to address the lawful export needs of the country as well as maintaining reserve stocks of those controlled substances. The planned volume of marijuana for 2020 indicates a 30 percent…

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ThursdaySep 12, 2019 11:37 am

New West Summit 2019 Shaping Up to be Cannabis Octoberfest

This fall, New West Summit 2019 is set to fill San Francisco with a confluence of ideas and investment in the cannabis space. The conference, now in its fifth year, also promises to be a veritable Octoberfest, packed with an abundance of entertainment and networking opportunities, as well as three exciting parties. Slated for October 10-11, 2019, at the Bespoke Event Center in San Francisco, New West Summit 2019 will be the first conference to focus exclusively on the game-changing, disruptive developments in technology, investment and media within the cannabis industry. The summit will include over a hundred panel discussions…

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ThursdaySep 12, 2019 4:20 am

420 with CNW – Former FDA Boss Hints Marijuana Legalization Is Necessary for Public Health Reasons

The former head of the FDA has said that the conflict between the federal and state marijuana laws has created regulatory gaps which have given chance to tainted or substandard products to enter the market, resulting in the fatal lung injuries that have been reported recently. He hinted that federal action could put an end to this problem. In a series of tweets, Scott Gottlieb said that the permissive marijuana laws of different U.S. states cause him a lot of worry since they give adults unfettered access to recreational marijuana and yet there are no federal regulations to oversee the…

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WednesdaySep 11, 2019 4:20 pm

420 with CNW – Feds Say Researchers Should Access Marijuana from Licensed Dispensaries

In their reply to a letter written by Sen. Brian Schatz (D-HI), the Food and Drug Administration (FDA) and the National Institutes for Health (NIH) wrote that researchers should be allowed to access marijuana from licensed dispensaries in states where marijuana is legal instead of being compelled to rely on the single source licensed by the federal government. In that same letter, the federal agencies discussed how the prohibition of marijuana at the federal level was limiting marijuana research. These limitations include the quality and diversity of research-grade marijuana. Studies have revealed that the marijuana grown at the only federally…

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WednesdaySep 11, 2019 12:27 pm

New West Summit to Focus on the Future of the Cannabis Industry, 50% Discount on Tickets Available Until End of September

The 50 percent discount applies to both conference days, as well as the additional parties NWS5 has a diversified program that consists of keynote speeches, industry talks, a hack-a-thon, investment competitions for startups and afterparties Topics will include the future of cultivation, investing in cannabis, business ethics, disruptive innovation, seed genetics, marketing and more New West Summit (“NWS5”), the cannabis tech conference of the year, is scheduled to take place October 10-11, 2019, at San Francisco’s Bespoke Event Center, Under the Dome and Virgin Hotel. As the first conference to focus exclusively on game-changing developments in media, technology and investment…

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WednesdaySep 11, 2019 12:00 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Focuses on Creating Transformative Businesses, Products and Brands

The company’s corporate mission is to cultivate the world’s best cannabis Supreme Cannabis emphasizes quality products, synergistic industry partnerships and strong distribution networks Supreme Cannabis’ multi-pronged strategy has positioned it for continued growth The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is working to improve global well-being with cannabis. Since 2014, the company has been at the center of the cannabis space with a mission of cultivating the globe’s best product and emerging as a leader in this worldwide industry. Headquartered in Toronto, Ontario, Supreme Cannabis Company uses its knowledge of the plant to create transformative businesses,…

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WednesdaySep 11, 2019 10:31 am

BMO Completes Placement of The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Block

BMO’s block offering of TGOD’s shares was fully subscribed TGOD’s CEO commented on the mutual benefits presented by the Aurora transaction Investment interest in TGOD has been heightened following completion of the transaction In the wake of The Bank of Montreal’s (BMO) completion of a block trade of Aurora Cannabis (TSX: ACB) (NYSE: ACB) held shares of The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), leadership is reportedly pleased to see that 28.8 million overhanging shares remaining from that transaction have been successfully placed, predominately with institutional asset managers. Through a transaction with BMO, a block trade of…

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WednesdaySep 11, 2019 9:00 am

Hemp Set to Overtake Tobacco in Kentucky Amid Boom for Growers, Suppliers

CannabisNewsWire Editorial Coverage: Hemp may be taking the first steps to overtake tobacco as a leading industry in Kentucky. Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) is among the companies moving into Kentucky, with a million-dollar investment in hemp growth. Hemp’s national prominence is growing through deals such as Aurora Cannabis Inc.’s (TSX: ACB) (NYSE: ACB) collaboration with United Fighting Championship (UFC). Research work by Tilray Inc. (NASDAQ: TLRY) may involve using hemp to treat a growing range of physical and mental ailments. Curaleaf Holdings Inc. (OTCQX: CURLF) (CSE: CURA) is serving states without a strong, homegrown hemp industry, such as…

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WednesdaySep 11, 2019 9:00 am

Technological Innovation Pushes Bounds of Edible Cannabis Market

CannabisNewsWire Editorial Coverage: A desire to move away from smoking may be fueling growth in the edible cannabis products. Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (SRUTF Profile) is developing new technology to manufacture cannabis edibles and to accurately measure their active ingredients. Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) (LXRP Profile) has created a bold new technology to make cannabis’ active ingredients more palatable and absorbable. BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) is producing white-label products, giving other brands access to the market. HEXO Corp. (TSX: HEXO) (NYSE: HEXO) is meeting its regulatory needs by acquiring…

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WednesdaySep 11, 2019 4:20 am

420 with CNW – The Benefits of Marijuana During Breast Cancer Treatment

As reputable entities like the American Cancer Society (ACS) start talking about what marijuana can do for patients who are struggling with different cancers, you may be wondering how exactly this plant may be beneficial to someone with breast cancer. Here are some of the ways in which marijuana can help as someone undergoes cancer treatment. Dealing with Anxiety For most people, anxiety goes up the moment they are given a cancer diagnosis. This tension and uncertainty can take a huge toll mentally and physically before the first round of treatment is even given. Research indicates that marijuana is very…

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