September 2019 - Page 7 of 9 - CannabisNewsWire

TuesdaySep 10, 2019 4:20 pm

420 with CNW – One Month In, Medical Marijuana is Doing Wonders for Louisiana Patients

Medical marijuana started being available to certified patients in Louisiana on August 6 and despite a stuttering start, patients are largely happy with what transformations they have experienced after using medical cannabis for their conditions. Alex Domino, aged 70, was the first patient to buy medical marijuana when it became legal in the state. He says that while he didn’t have any specific expectations of how medical marijuana would change his life, he now admits that the products have transformed his outlook on life. Domino is a colon cancer survivor who has had to deal with insomnia and anxiety, a…

TuesdaySep 10, 2019 12:39 pm

Cannabis, Technology, Media, Science & Investment to Converge at New West Summit in San Francisco

New West Summit will present its fifth year of cannabis industry insights and networking opportunities, October 10-11 at San Francisco’s Bespoke Event Center The summit will feature a variety of speakers, including entertainment industry personalities, business executives, media experts and pavement-level advocates presenting on topics ranging from wellness trends to gray market banking More than 2,000 attendees are expected in the City by the Bay to take advantage of exhibitor connections, business networking and investment pitch opportunities Follow the link below to secure a 50 percent discount on tickets The fifth annual New West Summit (“NWS5”) will open its doors…

TuesdaySep 10, 2019 10:39 am

SinglePoint Inc. (SING) CEO Forecasts Revenues of More than $6M for Solar Division in 2019

SinglePoint’s CEO said in an interview that SING sold $3 million in solar contracts in its first 60 days of selling to commercial accounts; he forecasts that the company could reach $7 million in sales by the end of 2019 SING aims to generate $10 million to $12 million in solar sales in 2020, with government subsidies and commercial financing driving revenue The company is also looking at white-labeling opportunities available through SING’s marketing of American hemp cigarettes SinglePoint Inc. (OTCQB: SING) CEO Greg Lambrecht said in an interview on the RedChip Money Report that SING could realize a revenue…

TuesdaySep 10, 2019 10:11 am

Cannabis Consumer & Business Expo: One of Canada’s Largest Consumer Cannabis Events

Cannabis Consumer & Business Expo is one of the fastest-growing trade expos and the largest business cannabis expo in Canada. Slated for November 22-24, this information-packed event will bring together the best and brightest in the cannabis industry. Whether participants are already in the industry or looking to join, they will find invaluable material, diverse content and networking opportunities at this must-attend gathering. The expo will showcase the best products and services available and an exhibition hall packed with thousands of displays. Businesses such as grow stores, lighting solutions providers, security system specialists and more are encouraged to apply for…

TuesdaySep 10, 2019 4:20 am

420 with CNW – Study Finds Overregulation Encourages Illicit Marijuana Market in Legal States

The excessive regulations in the U.S. states where marijuana is legal could be the reason why the marijuana black market continues to thrive, according to a new study. This conclusion came at the end of an exploratory study that crunched the numbers on data from the first two states to legalize recreational marijuana. This quantitative analysis focused on the news reports about the crime rates in the two states. The findings of the analysis were mixed. On the one hand, the marijuana crime rates in Colorado remained unchanged while those in Washington State increased significantly once stricter regulations were implemented.…

MondaySep 09, 2019 4:20 pm

420 with CNW – Tech Nonprofit Targets Aiding the Expungement of Quarter a Million Marijuana Convictions

Code for America, a nonprofit technology organization, has developed technology which could help to clear the marijuana conviction records of up to 250,000 people across the U.S. The software is currently being used in California and it will be rolled out to other states where expungement laws have been enacted. Code for America created an application called Clear My Record. This app makes it easy for the authorities to identify the cases that qualify for California’s 2016 law that defines which convictions can be expunged. When the app was first developed, it was tested in five counties in California. At…

MondaySep 09, 2019 1:14 pm

NECANN Cultivating Collaboration in the Garden State

When NECANN’s New Jersey Cannabis Convention (“NECANN NJ”) kicks off later this month, the Garden State will be hosting the largest gathering in its flourishing cannabis industry. Set for September 14-15, 2019, at the A.C. Convention Center in Atlantic City, New Jersey, the conference aims to promote collaboration in the existing New Jersey medical cannabis industry, as well as linking up those looking forward to the opening of an adult recreational market in the state. NECANN takes a collaborative approach to all of its conventions, which has resulted in consistently high ROI for exhibitors, sponsors and attendees alike. Events will…

MondaySep 09, 2019 11:38 am

SinglePoint Inc. (SING) More than Doubles Revenues in Q2 2019

SinglePoint focuses on acquiring firms that are primed to benefit from injections of growth capital The company recently reported a doubling of Q2 revenues over the same period of the prior year SinglePoint’s growth strategy involves astute acquisitions in varied market sectors SinglePoint Inc. (OTCQB: SING), a company specializing in acquisitions of small to mid-sized companies, recently announced that its second quarter 2019 saw incredible revenue earnings of more than double those of the same quarter of last year. Embracing new technologies, the company’s emphasis is on the cannabis industry, as well as bitcoin and blockchain technologies. The company researches…

MondaySep 09, 2019 11:02 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Strong Q2 2019 Financial, Operational Results

The company’s cash reserves reached $34.1 million by June 30, 2019, increasing from $22.4 million on December 31, 2018 PLUS (TM) is recognized as a leading cannabis brand in California, which is the most competitive market globally The company is investing in several growth areas, including talent, market share, infrastructure and financial capacity Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) recently released its unaudited financial and operational results for the quarter and half-year ended June 30, 2019. The company was able to achieve strong results despite the competitive landscape of the California cannabis market. “Our high product standards, growing brand…

MondaySep 09, 2019 4:20 am

420 with CNW – LA Launches Crackdown on Marijuana Black Market

Recently, the city of Los Angeles launched a major crackdown on illegal marijuana activities that include cultivation, extraction, manufacturing and delivery. The city has a penalty of six months’ incarceration and a fine of $1,000 for those convicted of engaging in any unlicensed commercial cannabis activity. LA City Attorney Mike Feuer is quoted as saying that that his office was taking the enforcement action because it wasn’t good for some entities to go through the entire process of getting licensed while others come and distort the industry without playing by the same rules. Currently, the city has about 165 licensed…