October 2018 - CBDWire

WednesdayOct 31, 2018 3:05 pm

Net Element, Inc. (NASDAQ: NETE) Payments Platform Targets Retail Sector as Cannabis Enters Mainstream

Cannabis enters the mainstream as California and Canada legalize adult use Cannabis retail sector flourishes to satisfy demand Bespoke payment platform provides compliant payment processing to cannabis retailers Now that Canada, Uruguay, the District of Columbia and nine U.S. states have legalized cannabis for recreational use, if cannabis still cannot be considered to be in the mainstream, there is no doubt that it soon will be. Apart from the jurisdictions that allow adult use in 30 countries around the world, medical marijuana is legally available. This is in addition to the 30 U.S. states and DC that have laws permitting…

WednesdayOct 31, 2018 12:02 pm

SeeThruEquity Report Forecasts Earth Science Tech, Inc. (ETST) Sales of $7.1M by FY2020

In updated coverage report, SeeThruEquity projects that ETST will hit $2.2 million in sales for FY2019 based on its CBD product distribution and planned ‘As Seen On TV’ campaign Direct response TV campaign seen raising awareness for ETST, which is eyeing growth for its line of hemp-derived products, planned pharmaceuticals and medical device introduction A positive factor cited by the report was ETST's uplisting to the OTCQB market; it also sees naming of celebrity Kevin Harrington as its direct response TV spokesperson as sales catalyst Earth Science Tech, Inc. (OTCQB: ETST) is estimated by research firm SeeThruEquity, LLC to reach…

WednesdayOct 31, 2018 11:40 am

Medical Cannabis Payment Solutions (REFG) Serves the Consumer and Dispenser

Providing the only FinCEN-compliant online bank account for licensed providers in the cannabis industry Provides consumers with the convenience of cashless purchases Solves cash-handling issues for dispensaries Green is one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry and is offered to merchants and consumers by Medical Cannabis Payment Solutions (OTC: REFG). The company’s state-of-the-art system eliminates the need to deal in cash-only transactions and provides licensed providers the only available online bank account that is in full compliance with FinCEN and the Cole Memo. Cannabis is a controlled…

WednesdayOct 31, 2018 11:18 am

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Comments on DEA’s Removal of Cannabidiol from Schedule 1

Phivida’s vision is to help lessen the world’s dependence on pharmaceuticals The company comprises two main brands Phivida recently talked about the removal of CBD from Schedule 1 of the Controlled Substances Act Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is a premium functional food and beverage company. Its focus is whole plant nutrition and natural ingredients. As a result, it infuses organic active hemp extract into an array of premium foods, beverages and clinical products. Phivida’s corporate mission is to help reduce the world’s dependence on pharmaceuticals and provide healthy food and beverage choices. Phivida is headquartered in Vancouver,…

WednesdayOct 31, 2018 10:42 am

American Premium Water Corp. (HIPH) Develops THC-Infused Beverage Prototype Based on Proprietary Hydro-Nano Technology

LALPINA THC-infused beverage already has its prototype based on American Premium Water’s unique hydro-nano technology This technology will speed up further development stages, ensuring the early launch of the product American Premium Water is working on distribution agreements in both the U.S. and Canada American Premium Water Corp. (OTC: HIPH) announced the development of a tetrahydrocannabinol (THC)-infused beverage prototype based on the company’s proprietary hydro-nano technology. Upon the official launch of the finished product, American Premium Water will be the first company on the market to begin offering a hydro-nano-infused THC beverage (http://cnw.fm/pLWa8). American Premium CEO Ryan Fishoff said that the…

TuesdayOct 30, 2018 10:35 am

NUGL Inc. (NUGL) Carving Out a Niche in Search with Cannabis Platform

Specialized search engine in cannabis space Platform facilitates business with networking features Potential for further commercialization with advertising Search is a lucrative business, as Google’s rise to fame and fortune will testify, but the ocean of information on the Web is so vast and growing so rapidly that it’s beginning to make sense for specialized search engines to enter the space. Some already have. There’s SkyScanner, operating out of Scotland, which only serves up information on the travel and flight industry – owned, it may be added, by Ctrip, China’s largest travel company. There’s TinEye – a reverse image search…

TuesdayOct 30, 2018 10:16 am

Sugarmade, Inc. (SGMD) Growing through Acquisition and Brand Expansion as Supplier to the Cannabis Cultivation Market

Sugarmade has agreed to acquire Sky Unlimited, LLC, a hydroponic cultivation supplier SGMD has a second formal acquisition proposal in place The company has directly invested in hemp production to benefit from explosive growth in the market for CBD products Sugarmade is also targeting the European hydroponics market California-based hydroponics company Sugarmade, Inc. (OTCQB: SGMD) is growing in the rapidly expanding cannabis industry through acquisition and expansion as an equipment supplier to cultivators. Sugarmade recently announced that it had agreed to acquire Sky Unlimited, LLC, dba Athena United, a major wholesale supplier of hydroponic cultivation supplies. The deal is expected…

TuesdayOct 30, 2018 9:00 am

Cannabis Ignores Wider Stock Market, Follows Its Own Path

CBDWire Editorial Coverage: Following a tumultuous month, cannabis continues to carve its own path rather than following the lead of other stocks. As the stock market plummeted earlier this month, cannabis companies stayed strong, buoyed up by legislative changes in Canada. The cannabis market appears set for continuing growth as it expands into expected sales worth billions of dollars across North America. While it still faces regulatory challenges in some locations, this market sector is preparing for corporate big players to move in. Companies with varied interests are moving into the cannabis sector, such as lifestyle business Youngevity International, Inc.…

MondayOct 29, 2018 1:17 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Advances Expansion Plans through HemPoland Acquisition

The acquisition of HemPoland accelerates opportunities for growth in the European market as part of TGOD’s international strategy The company has received medical sales licensing for its Ancaster, Ontario, facilities – one of many sites where TGOD aims to cultivate cannabis products The company recently closed a $75 million bought deal financing to further its expansion plans in Latin America and Europe Cannabis company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has announced the acquisition of HemPoland and the closing of a new bought deal financing, part of several recent developments demonstrating the company’s strong commitment to…

MondayOct 29, 2018 12:21 pm

Earth Science Tech, Inc. (ETST) Taps into Highly Promising CBD Beverage Market

Earth Science Tech plans to enter the CBD beverages market through the development of its own full-spectrum CBD drink The product is developed on the basis of a University of Central Oklahoma Provisional Patent Industry experts predict rapid growth of the CBD beverages market, which is still in the early stages of development and offers excellent opportunities Earth Science Tech, Inc. (OTCQB: ETST) announced that it has started work on the formulation of a full-spectrum CBD beverage. The biotech company that focuses on CBD, pharmaceutical and nutraceutical products will be utilizing its University of Central Oklahoma Provisional Patent to develop…

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Month: October 2018