January 2019 - CBDWire

ThursdayJan 31, 2019 12:08 pm

This Week in Cannabis: Will the Next U.S. Attorney General be Good on Cannabis Policy?

A number of newsworthy items occurred this week, including a potential hands-off enforcement policy at the federal level. Cannabis exports are coming to an international cannabis-leading nation, fewer people are going to be arrested for cannabis in a major metro area, and some good news is on its way in New Jersey. Find out more in our weekly recap below. Attorney General nominee puts his hands-off cannabis enforcement pledge in writing What happened: United States Attorney General nominee William Barr has previously expressed verbal support for allowing legal cannabis states to proceed without federal interference. This week William Barr put that pledge in writing…

ThursdayJan 31, 2019 11:46 am

Marijuana Company of America Inc. (MCOA) Engages in the Cultivation and Distribution of Hemp-Derived Products

MCOA supports a variety of portfolio companies, which participate at different levels within the cannabis and hemp industries The company has CBD-derived product brand hempSMART as a primary portfolio holding MCOA provides turn-key services to the legal cannabis and hemp industries Marijuana Company of America Inc. (OTCQB: MCOA) delivers recognized brands via innovative marketing distribution companies. MCOA is an umbrella company. It is undergoing development to support an array of portfolio companies that participate within the cannabis and hemp industries. Primarily an industrial hemp business, one of MCOA’s main companies is wholly owned subsidiary hempSMART Inc. Company management has expertise…

ThursdayJan 31, 2019 10:45 am

Spectrum Global Solutions Inc. (SGSI) Announces Uplisting to OTCQB Venture Market

Spectrum Global Solutions sees trading on OTCQB as a necessary next step in its continued development Demand for increased network capabilities is increasing as global use of data continues to grow exponentially Spectrum Global is set to reach this increased demand primarily through its multiple subsidiaries with regional, national and global projects Spectrum Global Solutions Inc. (OTCQB: SGSI), a leading single-source provider of end-to-end, next-generation wireless and wireline networks, recently announced that its stock has been uplisted and approved for trading on the OTCQB Venture Marketplace. The company provides professional service solutions to the service provider and corporate enterprise markets.…

ThursdayJan 31, 2019 10:24 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Receives New R&D Funding for Oral Nicotine Delivery Technology

LXRP subsidiary Lexaria Nicotine LLC enters definitive investment agreement with large tobacco company to receive R&D funding in exchange for licensing and equity Partner has provided initial $1 million – with an option for up to $11 million more – for research on DehydraTECH’s oral forms of nicotine delivery through a series of private financings LXRP still retains majority equity ownership of Lexaria Nicotine, while partner receives a minority equity interest in the subsidiary, not in LXRP itself Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH absorption platform will receive a significant injection of R&D financing under an investment agreement…

WednesdayJan 30, 2019 12:11 pm

Earth Science Tech Inc. (ETST) to Introduce Super Supplement to Boost Brain Power

ETST partners with Iq2 to develop food supplement designed to improve brain function Clinched deal with Forzagen to distribute cannabinoid product line in Mexico and South America Developing CBD beverage to tap $12 billion market Earth Science Tech Inc. (OTCQB: ETST) has done it again. In partnership with Iq2 Labs, the Florida-based biotechnology company is formulating a super food supplement designed to enhance brain function through an initiative that continues the ongoing drive to strengthen its position in the hemp-derived cannabinoid, nutraceutical, pharmaceutical and medical device markets (http://cnw.fm/eS7QJ). The product, containing high-grade full-spectrum cannabinoids, is currently going through the package design…

WednesdayJan 30, 2019 11:34 am

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Rises to Top of Blossoming Cannabis Industry

The Supreme Cannabis Company's business model allows it to control every stage of the process, from cultivation to distribution Its subsidiary, 7ACRES, operates a 440,000 square foot facility in Ontario, Canada – the largest facility of its kind to commercially cultivate cannabis The company recorded 71 percent revenue growth from Q3 to Q4 in its fiscal year ended June 30, 2018 The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1), a key player in the medical and commercial cannabis industries, intends to become the largest commercial cannabis retailer worldwide through its focus on innovation and emphasis on product…

WednesdayJan 30, 2019 9:00 am

Outside Investment, New Technology Support Growing Cannabis Industry

CBDWire 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…

TuesdayJan 29, 2019 12:53 pm

Buyer Beware: Why You Can’t Always Trust CBD Product Labels

American consumers may have gotten used to the old adage “what you see is what you get” when it comes to ingredient labels. While most CBD companies create a reliable product, some studies have shown that certain companies’ CBD product labels either under-represent or over-represent the amount of CBD contained within. While this issue is not an epidemic, it is cause for further education on CBD product labels, so you can be an informed consumer. What’s Going On With CBD Products? From 2015 to 2017 the FDA sent 44 warning letters to CBD companies, some multiple times, whose labels were…

TuesdayJan 29, 2019 11:00 am

As Cannabis Industry Rises to Prominence, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is Securing Lead Position

Regulatory changes and shifting attitudes are contributing to the rapid growth of the legal cannabis sector According to a CIBC World Markets report, the industry has many representatives but only a few possess what it takes to dominate the new global market Management team strength, brand development, capital allocation, price target and distribution channel information can tell investors who the frontrunners in the industry are Based on these factors, The Green Organic Dutchman Holdings is shaping up as a leading entity to watch in 2019 and the years to come As cannabis is rising to prominence, investors are turning their…

MondayJan 28, 2019 12:19 pm

ChineseInvestors.com Inc. (CIIX) Reports Greater than 50 Percent Year-Over-Year Revenue Increase

Total revenue in the second quarter of fiscal year 2019 up to $648,265 Revenue growth is due to an increase in hemp and CBD product sales, as well as heightened subscriptions totals As the hemp and CBD markets continue to expand, ChineseInvestors.com is expecting even stronger performance through the second half of FY2019 ChineseInvestors.com Inc. (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, recently announced its financial results for the second quarter of fiscal year 2019, pinpointing a number of important accomplishments. A revenue increase of more than 50…

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Month: January 2019