January 2019 - Page 4 of 8

TuesdayJan 22, 2019 9:00 am

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

CBDWire 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…

FridayJan 18, 2019 11:33 am

This Week in Cannabis: Hands-Off Approach in Cannabis Legal States Says AG Candidate Barr

The U.S. government is in a strange place these days – being shut down and all – however we did see some potentially great cannabis news via the Trump administration’s nominee for attorney general, plus results from the latest CBD study, and a bunch of other positive cannabis news from all across the U.S. Here are the highlights: Trump's nominee for new attorney general answers the cannabis question What happened: Former United States Attorney General William Barr was nominated to replace Jeff Sessions and faced Congress this week. Cannabis policy came up during his confirmation hearings, and Mr. Barr stated that he…

FridayJan 18, 2019 11:12 am

Plus Products Inc. (CSE: PLUS) Attains Top Spot in California’s Cannabis-Infused Edibles Market

The company secured the number one market position in the California edibles market, becoming the state’s most successful seller of cannabis-infused edibles Plus Products acquired cannabis-infused baked goods brand GOOD CO-OP, merging like-minded attitudes about product quality and ingredient authenticity The company oversees over 16,000 square feet of manufacturing space in order to meet the demand for its products Plus Products Inc. (CSE: PLUS), the leading cannabis edibles brand in California, increased its edibles market position from number four in Q2 of 2018 to number one in Q3, according to data released from BDS Analytics. This marks (http://cnw.fm/bR7C0) the company as the…

FridayJan 18, 2019 10:37 am

ChineseInvestors.com Inc. (CIIX) Set to Ring in Chinese New Year with Launch of Branded Hemp Wine Product

China has a centuries-old tradition of promoting herbs and other earthy, natural health remedies The village of Bama in China’s southern region has gained renown for the percentage of centenarians amid its population, and as the source of hemp rice wine ChineseInvestors.com recently announced the launch of a branded Hemp Wine product by its cannabis industry subsidiary, CBD Biotech The Hemp Wine launch in collaboration with tourism-friendly Bama’s Institute of Longevity of the Elderly is taking place amid preparations for Chinese New Year festivals Chinese-language investment news outlet ChineseInvestors.com Inc. (OTCQB: CIIX) is launching its first self-branded rice wine alcohol…

ThursdayJan 17, 2019 11:28 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives $1 Million from New Partnership with Altria to Fund DehydraTECH R&D

LXRP’s subsidiary, Lexaria Nicotine LLC, enters definitive investment agreement with Altria Ventures Inc.; Altria to fund R&D, receive license rights and equity Altria will fund research on LXRP’s DehydraTECH oral nicotine products, pay sales royalties and may fund up to $12 million more through a series of private financings LXRP has not sold or optioned its own equity and still retains majority equity ownership of Lexaria Nicotine, LLC; Altria would receive minority equity interest in the subsidiary Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) wholly owned subsidiary, Lexaria Nicotine LLC, has entered a definitive investment agreement with Altria Group Inc.’s…

WednesdayJan 16, 2019 3:53 pm

What’s the Difference: Legal Cannabis vs Black Market Cannabis

Imagine the freedom and convenience of being able to walk into a well-lit store and purchase cannabis. For some consumers, that may seem like a distant dream, and for a growing number of consumers, it’s a wonderful reality. A growing number of states in the U.S. now allow adult-use cannabis sales. The unregulated market still exists in those states, and it is decreasing in size with every day that goes by because it’s becoming increasingly harder to compete with dispensaries. Here is why most consumers tend to prefer legal cannabis over black market mystery cannabis. Lab tested One of the biggest advantages…

WednesdayJan 16, 2019 11:16 am

Golden Developing Solutions, Inc. (DVLP) Sees Powerful Growth Potential in Company’s Expanding Selection of CBD Products, Mobile Apps

Global acceptance of cannabis and related CBD products continues to increase Worldwide legal cannabis market projected to reach $146 billion by end of 2025 Consumer demand for CBD products expected to explode with U.S. legalization of hemp New software division, Greener Grows, joins Where’s Weed and upcoming Where’s CBD As an emerging leader in ancillary software and the cannabidiol (CBD) products marketplace, Golden Developing Solutions, Inc. (OTC: DVLP) provides business services and/or products supporting the cannabis industry, including an online retail business for CBD, hemp oil and health/wellness-related products. The company recently launched its new software division, called ‘Greener Grows’,…

WednesdayJan 16, 2019 9:00 am

New Laws Set Up US Cannabis Industry for Explosive Growth

CBDWire 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…

TuesdayJan 15, 2019 3:27 pm

10 Exciting Cannabis Developments to Watch for in 2019

2019 is poised to be the biggest year in cannabis to date. So many things are likely to occur – trying to anticipate and keep track of it all can be a daunting task. Below are some of the big things in cannabis progress you'll want to keep an eye on in 2019: #1) Movement on Federal Reform For many years cannabis opponents in Congress have prevented federal cannabis reform measures from seeing the light of day. Congressman Pete Sessions and Chuck Grassley, two of the biggest cannabis prohibition supporters of all time, used their powerful committee positions to block votes on…

TuesdayJan 15, 2019 1:43 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Creates North American Alliance to Capitalize on Liberalization Trend

Developments in North American cannabis market present opportunities Recreational cannabis now legal in 10 states, medical in 33 Alliance formed between Canadian Mary’s Wellness and U.S.-based Winterlife, both Redfund clients As Aesop’s Fables teach, “In union, there is strength.” This time-tested proverb is being put to action through the strategic alliance created between two portfolio clients of Canadian merchant bank Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4). In mid-December, Redfund clients Mary’s Wellness Ltd. and Winterlife Inc. detailed plans to join forces for a global cannabis products launch (http://cnw.fm/kK8PK). Redfund targets companies in the mid to late stages of…

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Month: January 2019