TuesdayFeb 19, 2019 9:00 am

Savvy Companies Make Acquisition Moves in Booming Cannabis Industry

CannabisNewsWire Editorial Coverage: As the cannabis sector consistently shows impressive growth, acquisitions within the market allow cannabis companies to develop greater vertical integration. Cannabis companies are looking to acquire other organizations to strengthen specialist knowledge and skills. Similar moves have led to impressive success in industries such as coffee production. The strength of the cannabis market is also attracting other additional investment. Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is following the vertically integrated model, having recently acquired a company specializing in cannabis processing machinery. Canopy Growth Corporation (NYSE: CGC) finalized an all-cash transaction to acquire one of the world’s most…

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ThursdayFeb 14, 2019 9:00 am

Vertical Integration Offers Profit Potential within Growing Cannabis Industry

CannabisNewsWire Editorial Coverage: As the cannabis industry continues its impressive growth, acquisitions are leading to greater vertical integration. Companies within the cannabis sector are acquiring other organizations to benefit from valuable specialist knowledge and skills. Such deals allow vertically integrated value chains, as have also been applied in industries such as coffee production. This comes amid wider growth in the sector, which is drawing substantial outside investment. Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is following the vertically integrated model, having recently acquired a company specializing in cannabis processing machinery. Tilray Inc. (NASDAQ: TLRY) is expanding its Canadian production facilities…

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TuesdayFeb 12, 2019 9:00 am

Cannabis Cultivators Profit from Growing Legal Market

CannabisNewsWire Editorial Coverage: The growth the legal cannabis market has created has turned cultivation facilities into invaluable assets. The cannabis market is predicted to generate $146 billion in revenues by 2025. Legal changes are accelerating this expansion in the United States and beyond. Cultivation facilities are fundamental to this growth, providing the raw materials for the cannabis industry. Cannabis Strategic Ventures (OTC: NUGS) (NUGS Profile) recently announced plans to establish a multi-acre cultivation facility in California to meet market demands. Tilray Inc. (NASDAQ: TLRY) is increasing its cultivation space through the acquisition of Natura Naturals Holdings. In addition, the need…

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WednesdayJan 30, 2019 9:00 am

Outside Investment, New Technology Support Growing Cannabis Industry

CannabisNewsWire Editorial Coverage: Revolutionary innovations and advancements within the cannabis industry are drawing significant investment from big corporations. Technology currently in development will make it easier to consume active ingredients in cannabis. Advances have attracted investment for the technology’s use in tobacco as well as cannabis. These improvements could move consumers to healthier forms of consumption than smoking. Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) (LXRP Profile) has benefited from recent investment by Altria to support its innovative research and design work. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has received substantial investment from a beverage company, which will support…

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TuesdayJan 22, 2019 9:00 am

Direct Selling Companies Prove Attractive for CBD Market, Drawing Large Non-Endemic Cannabis Industry Partners

CannabisNewsWire Editorial Coverage: With experts such as the Brightfield Group predicting the hemp-derived CBD (cannabidiol) market will reach $22 billion by 2022, major industry players such as Anheuser-Busch are seeing value and viability in the direct selling approach to selling CBD products. With a predicted 130 percent compound annual growth rate (CAGR) over the next three years, the hemp-derived CBD industry looks primed to explode. The direct selling approach to selling CBD products pioneered by brands such as Youngevity International is attracting the interest of large-scale companies. Given new medical studies proving the efficacy of daily CBD intake, the market…

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WednesdayJan 16, 2019 9:00 am

New Laws Set Up US Cannabis Industry for Explosive Growth

CannabisNewsWire Editorial Coverage: The 2018 U.S. Farm Bill changes the way that CBD-based products are legally classified. If the federal government permits the sale of cannabis-sourced products online, established companies in the space could reap huge rewards. The legalization of cannabis in Canada and some U.S. States has demonstrated the latent demand for cannabis-based products. CBD is used to make numerous products and its potential uses are growing. Research suggests that the market for CBD products could grow to an estimated $22 billion over the next four years. SinglePoint Inc. (OTCQB: SING) (SING Profile) is in a good position to…

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TuesdayJan 15, 2019 9:00 am

Companies Explore Market Potential for Ready-to-Drink CBD Beverages

CannabisNewsWire Editorial Coverage: The market for cannabidiol (CBD) beverages alone could achieve a value of $260 million in the United States by 2022. CBD beverages form part of an even wider market for marijuana-infused drinks that is predicted to reach a value of $600 million in three years’ time. U.S. market for CBD and THC beverages could reach $600 million by 2022. Cannabis-infused drinks could outperform other cannabis products. Non-cannabis and cannabis companies alike are joining this new market. Savvy companies are looking to position themselves in this burgeoning market, often by partnering with companies that provide invaluable experience in…

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TuesdayDec 18, 2018 9:00 am

California Cannabis Market Offers Growth for Cultivation Suppliers as Authorities Tackle Licensing Backlog

CannabisNewsWire Editorial Coverage: Growth in the Californian cannabis industry, currently restricted by licensing delays, is expected to accelerate over the coming months, bringing profits for suppliers of cultivation equipment. California is one of the largest recreational cannabis markets in the world. Recent delays in issuing cannabis licenses in California seem to be approaching an end. Outside California, the growing global reach of the cannabis industry is drawing interest from significant international investors. Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) is one of the companies set to profit from this acceleration, thanks to its sales of hydroponic equipment to cannabis cultivators. Tilray,…

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WednesdayDec 12, 2018 9:00 am

Political Breakthrough Heralds the End of the Prohibition on Hemp

CannabisNewsWire Editorial Coverage: With federal legalization of hemp expected in the United States by Christmas, the farming and cannabidiol product industries are anticipating great changes in their future. Hemp farming, which has been illegal in the United States since 1970, is about to be made legal under the newest Farm Bill legislation. Pilot projects and work in Canada have allowed companies to prepare for U.S. hemp farming by developing their techniques, science and crop strains. With legalization promising great growth, companies are seeking paths to investment opportunities. Marijuana Company of America, Inc. (OTC: MCOA) (MCOA Profile) is among the innovating…

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TuesdayDec 04, 2018 9:00 am

Hemp Industry Sees Profitable Harvest as Farm Bill Approaches Finale

CannabisNewsWire Editorial Coverage: With the end in sight for the 2018 U.S. Farm Bill, which contains provisions likely to grant hemp full agricultural legalization, and revenues from existing hemp products rising, hemp farmers are seeing reasons for excitement this fall. The Farm Bill is set to finally pass through Congress in the near future. Predicted hemp revenues for the next few years are soaring. Hemp is doing particularly well in states with supportive politicians, such as Kentucky. Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) has made the most of this opportunity through investment in Hempistry, a hemp cultivator with big plans…

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