September 2018 - HempWire

FridaySep 28, 2018 11:10 am

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Advancing with ‘Functional’ Cannabis-Infused Beverages

Functional beverage market estimated at $14 billion worldwide currently; CBD hemp extract market expected to hit $22 billion by 2022 Phivida Holdings’ recent announcement of new Oki brand heralds introduction of full spectrum hemp extract-infused iced teas, flavored waters Company also has joint venture with WeedMD Inc. to produce cannabis-infused beverages under Cannabis Beverages, Inc. label The concept that beverages may serve a “functional” purpose has developed within the health and wellness industry as cannabis producers examine ever-expanding options for putting the plant’s properties to use. Hemp-cultivated cannabinoid innovator Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is pursuing the beneficial…

ThursdaySep 27, 2018 10:32 am

Could NUGL Inc. (NUGL) Become the Google of Cannabis?

Search engine features focused on cannabis commerce “Business media” platform that makes networking easier One-stop shop for both consumers and commercial operators There’s a good chance that, very soon, someone who wants information on cannabis commerce will “NUG-L” with an application developed by NUGL Inc. (OTC: NUGL), in much the same way that they “Google” a topic. The tech company, located in Chino Hills, California, is aiming to become a leader in fostering communication and business relations in the cannabis space. To do so, it has developed a distinct platform that is part Google, part LinkedIn, which will allows users…

ThursdaySep 27, 2018 10:13 am

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) to Raise C$20 Million through Unit Sale

A syndicate of underwriters is to purchase 3.8 million units at C$5.27 per unit Sale terms are an amendment of previously announced agreement to sell 1.9 million units Sunniva is closer to achieving full vertical integration in California with launch of Sunniva-branded product lines commencing in Q4 2018 Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically-integrated medical cannabis provider, aims to raise C$20 million through the sale of units of the company to a syndicate of underwriters spearheaded by Beacon Securities Limited and Canaccord Genuity Corp., according to a company press release (http://cnw.fm/ZMw2T). Sunniva announced that the syndicate will purchase 3.8…

WednesdaySep 26, 2018 11:29 am

BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Product Responsive to Concerns about Cannabis Lab Testing Quality

BLOCKStrain Technology investing in technological means to provide businesses, consumers with cannabis pipeline transparency amid lab testing concerns Company has obtained agreements with a number of other enterprises to build security in cannabis market Global cannabis market expected to grow to $146.4 billion by 2025, with CAGR of 24.9 percent in United States The nascent industries serving state-by-state cannabis legalization in the United States are feeling growing pains as they deal with the costs of delivering safe and quality-tested products to consumers. In this new age of plant-drug liberalization, BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) is offering hope of…

WednesdaySep 26, 2018 9:00 am

CBD Supplements Primed to Explode Ahead of Biopharma as Farm Bill Legalizes Hemp

HempWire Editorial Coverage: With Canada legalizing cannabis nationwide in October and the 2018 U.S. Farm Bill completely removing hemp from the DEA’s controlled substances list, the stage has been set for an explosion of products ranging from functional foods and supplements to CBD-based (cannabidiol) biopharma indications. U.S. farm bill legalizing hemp could make CBD an open-pit gold mine. List of demonstrable CBD health benefits growing daily. CBD growth may outpace entire cannabis market combined. Even before the landmark inclusion of the Hemp Farming Act of 2018 in this year’s Farm Bill, plant-based nutrition experts at leading omni-direct lifestyle company Youngevity…

TuesdaySep 25, 2018 9:00 am

Something for Everyone: Baby Boomers Signify Shift in the Cannabis Market

HempWire Editorial Coverage: Since they came onto the scene after World War II, baby boomers have heavily impacted the world around them, and their influence is being felt now in the emerging cannabis market. A recent survey has shown a significant increase in cannabinoid-derived product consumption in the United States, most notably among baby boomers. With a combination of disposable income, health issues and liberal attitudes towards drugs, baby boomers represent a natural market for cannabis companies. This trend also signifies wider growth and diversification of products and customers in the industry. Marijuana Company of America, Inc. (OTC: MCOA) (MCOA…

TuesdaySep 25, 2018 9:00 am

Hydroponic Hardware Key to Tapping Long-Term Profits of Burgeoning Cannabis Market

HempWire Editorial Coverage: The North American cannabis market continues to accelerate as Canada rockets towards the October 17 deadline for the nationwide legalization of recreational marijuana. Hydroponic market trying to keep up with booming cannabis market set to exceed $25 billion by 2021. Continued expansion of cannabis cultivation and demand for controllable production parameters are a boon to hydroponics industry. Healthcare sector increasing demand for CBD from sources such as industrial hemp. Regulatory reform throughout North America and Europe driving change in overall space. The milestone legislation appears set to open the door wider for companies pursuing a position in…

MondaySep 24, 2018 2:06 pm

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) “Gets It Right” in Cannabinoid Extraction

Sol-gel nose-to-brain system offers superior drug delivery New extraction protocol makes accurate and precise quantification of cannabinoids possible Establishment of cannabis division to commercialize research developments A recent release from PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) shows that, in cannabinoid extraction technology, the health sciences company is getting it right. The company announced that, during its soluble gel drug delivery research and development program – the Sol-gel Program – it had successfully optimized the conditions for extracting cannabinoids from one of its cannabis strains and developed a proprietary method – the Extraction Protocol – for the accurate…

MondaySep 24, 2018 12:57 pm

Inaugural Cannabis Strategic Ventures, Inc. (NUGS) and True Promise Beauty CBD-Based Product Line Set to Be Launched by Year-End 2018

The first products resulting from the joint venture between Cannabis Strategic Ventures and True Promise Beauty are scheduled to be launched by the end of 2018 The CBD-based luxury cosmetics line will feature face, skin and hair care products These products feature innovative formulations that aren’t currently available; the two companies hope to achieve strategic success in a constantly expanding luxury skin care market Cannabis Strategic Ventures, Inc. (OTC: NUGS) and True Promise Beauty have announced the development of LYXR – a new line of cannabidiol (CBD)-based luxury skin and hair care products. The entire LYXR line will be developed…

FridaySep 21, 2018 1:21 pm

Tilray, Inc.’s (NASDAQ: TLRY) Status as Global Pioneer in Cannabis Production, Distribution Reinforced by Earnings, Growth

First medical cannabis producer in North America to meet rigorous standards of GMP certification, supplying cannabis flower and extracts Canadian federally-licensed cannabis cultivator, processor and distributor Q2 2018 revenue increased to $9.7 million, up 95.2 percent over second quarter of 2017 Multinational distribution network makes Tilray medical cannabis available to patients in 11 countries on five continents Raised $163.6 million in a successful IPO in July 2018 and $55 million from leading institutional investors prior to IPO Agreements signed to supply medical cannabis via Canadian pharmacies and recreational cannabis to adult-use consumers in seven Canadian provinces and territories Received U.S.…

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Month: September 2018