MondayJul 22, 2019 11:27 am

Marijuana Company of America Inc. (MCOA) and JV Partner to Begin Planting at Covered Bridge Acres

The team at Covered Bridge Acres employs environmentally friendly practices; it’s in the process of obtaining organic certification The MCOA and GHG teams utilize greenhouses to produce their own seeds instead of purchasing cloned product from third parties This strategic change is forecast to reduce the company’s operating expenses by $200,000 Marijuana Company of America Inc. (OTCQB: MCOA), an industrial hemp company involved in the cultivation and distribution of hemp-derived products, along with joint venture partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), recently announced the commencement of commercial planting at its hemp farm in Scio, Oregon. This…

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FridayJul 19, 2019 12:20 pm

SinglePoint Inc. (SING) Subsidiary to Support Fall Sports Programs for Dozens of Texas Schools

SinglePoint has signed a contract to become the exclusive solar marketing partner and donate funds to 47 schools The company also inked a premium hemp-flower deal SING offers investment opportunity across a wide range of market sectors Direct Solar, a subsidiary of SinglePoint Inc. (OTCQB: SING), recently announced that it has signed a contract to become the exclusive solar marketing partner to support fall sports programs for 47 schools across the Dallas/Fort Worth, Houston, Austin and Waco areas. According to the contract, the company will donate $250 to the schools’ fall sport booster programs for each solar system sold by the…

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FridayJul 19, 2019 11:55 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Shows Impressive Domestic, International Growth

Supreme is building a diverse portfolio of domestic and global premium cannabis brands The company is revolutionizing strain development for the global cannabis market Supreme delivers consistently premium products and investment opportunities through its wholly owned subsidiaries and partnerships Canada’s only coast-to-coast premium cannabis producer, The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is passionate about its products. The company provides high-quality brands and products that elevate its mission of becoming a leader in the global cannabis industry. Rather than focus on simply upping production, Supreme Cannabis pursues the production of the best cannabis possible, aiming for…

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ThursdayJul 18, 2019 12:25 pm

Marijuana Company of America Inc. (MCOA) Signs Joint Venture LOI, Plans Expansion in California

MCOA signed a letter of intent with Northern Lights Distribution and Alpha Private Equity & Capital to form Magnolia Extracts The joint venture aims to expand large-scale operations surrounding the delivery, distribution and manufacture of cannabis products MCOA earlier acquired a 20 percent equity interest in and signed a JV with Natural Plant Extract of California Marijuana Company of America Inc. (OTCQB: MCOA), a hemp and cannabis corporation, has signed an LOI with Northern Lights Distribution (“NLD”) and Alpha Private Equity & Capital to form joint venture Magnolia Extracts LLC, with plans to debut delivery, distribution and manufacturing at its…

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ThursdayJul 18, 2019 11:16 am

Here’s How Many People Die from Popular Prescription Drugs (Cannabis Still Zero)

The verdict is out: Americans are popping more legal pills than ever before. In the past two decades, the number of drug prescriptions has increased by 85 percent. Yet, in 2013, an estimated 128,000+ prescription drug takers died from adverse drug reactions. This means that prescription drugs almost rival stroke in terms of overall casualties. The irony? We’re taking more "medicine" than ever, but we just keep getting sicker. While humankind has certainly made major strides in treating infectious disease and helping us live longer, rates of debilitating, chronic disease have only increased along with the rise of medications. Legal…

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ThursdayJul 18, 2019 9:00 am

Smart Companies Finding Sweet Spot in Cannabis Processing, Manufacturing Opportunities

CBDWire Editorial Coverage: In between growers and sellers lie several potential places for companies with expertise to firmly establish themselves in the burgeoning cannabis space. Savvy companies such as Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) recognize the potential payoff of being involved in the back end of the cannabis industry. The company’s wholly owned subsidiary Khrysos Industries Inc. just signed a five-year contract to purchase hemp plant biomass for extraction, end-to-end processing and production of hemp-derived products. Indiva Limited (TSX.V: NDVA) (OTCQX: NDVAF) has successfully received an amended license from Health Canada for three additional grow rooms and three…

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WednesdayJul 17, 2019 1:13 pm

NCIA Cannabis Business Summit & Expo is Attracting the Industry’s Biggest and Best

If you’re known by the company you keep, then the NCIA is moving with the right crowd. Mike Lee, executive VP & CFO of Canopy Growth Corporation (NYSE: CGC), will be a keynote speaker at the organization’s 6th Annual Cannabis Business Summit & Expo, to be held July 22-24 at the San Jose McEnery Convention Center in San Jose, California. In the cannabis world, they don’t come bigger or better than Canopy Growth. The Ontario-based CGC was the first cannabis company to be listed on the New York Stock Exchange and the industry’s first ‘unicorn’. It is now valued at…

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WednesdayJul 17, 2019 12:14 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Partners with Khalifa Kush to Introduce KKE Oil

KKE Oil is expected to be the first in a full suite of recreational products to be launched through a partnership between Supreme Cannabis Company and Khalifa Kush Enterprises Canada The KKE Oil line is anticipated to be available early July 2019 in Alberta, Canada, and by the end of this week in British Columbia and Ontario Canada will be the first country outside of the United States to have KKE products available for purchase The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), in partnership with Khalifa Kush Enterprises Canada, is debuting a new line of cannabis…

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WednesdayJul 17, 2019 11:48 am

Keeping Hemp Production Costs Low through Technology: How Hemptown USA is Changing the Lucrative Market

The fast-growing hemp market is driving intense competition, with innovative cultivation practices serving as a major factor of differentiation Hemptown’s cultivation methodology, paired with a genetic modification advantage, is expected to lead to increased yields and lower costs The company is scaling up operations to meet rising demand; it anticipates up to $200 million in revenue by 2020 Legislative changes in the U.S. and other parts of the world, as well as changing consumer attitudes, are contributing to the rapid expansion of the hemp products market. The industrial hemp market is anticipated to grow at a CAGR of 18.3 percent…

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TuesdayJul 16, 2019 12:50 pm

One of the Leading Canadian Cannabis Licensed Producers – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Expanding Capacity

Organigram has distribution in all 10 Canadian provinces and has now received licensing approval from Health Canada for its Phase 4A expansion efforts, which are expected to bring its annual production capacity to 61,000 kg The company is well-positioned for Canada’s anticipated edibles and derivative legalization, expected in October 2019, with expanding production capacity, R&D and various strategic partnerships Phase 4 construction is on track for completion by the end of 2019, with an aim of increasing target production capacity to 113,000 kg per year once fully licensed and operational Organigram Holdings Inc. (NASDAQ: OGI) (TSX.V: OGI) is pursuing an…

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