NewsRoom Articles - CannabisNewsWire

TuesdayJun 25, 2019 4:20 pm

420 with CNW – CBD Shows Promise in Study on Superbugs

As bugs get more resistant to the existing antibiotics, researchers are looking for new ways to combat infections and cannabidiol, a marijuana compound, is showing promise as a remedy for superbugs. A new study conducted by researchers in Brisbane, Australia has shown that CBD has promising antimicrobial activity against some strains of Gram-positive bacteria, such as varieties of strep and staph bacteria. In the study, a synthetic form of CBD was placed in lab dishes containing the bugs being investigated. The cannabis compound showed the same level of antimicrobial activity as two existing prescription antibiotics (daptomycin and vancomycin). The synthetic…

TuesdayJun 25, 2019 12:14 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and City Cannabis Corp. Merging Powerful Brands with Industry Expertise

Wildflower Brands has signed an agreement with City Cannabis Corp. to acquire its issued and outstanding shares City Cannabis has been called the “fastest-growing multiple location cannabis retailer” in British Columbia Acquisition of shares is anticipated by leadership at both companies Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF), a Vancouver-based company developing and designing brands focusing on plant-based health and wellness products, has signed a share agreement with City Cannabis Corp. in order to acquire all of the issued and outstanding shares of City Cannabis (http://cnw.fm/1amKO). City Cannabis is continuing to grow, expanding its reach into the Vancouver cannabis market. The…

TuesdayJun 25, 2019 11:43 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Continues to Transform Cannabis Landscape with Novel Products, Technology

A partnership with PAX will allow Organigram to manufacture and fill pods for the premium, technology-based PAX Era vaporizer The PAX partnership is expected to enable the two entities to seize new opportunities on the market and work together to develop premium products featuring disruptive, industry-leading technology that is set to redefine the experience of vaping An agreement signed with Feather Company Ltd. makes Organigram the exclusive Canadian supplier of unique and proprietary vaporizer pen technology Organigram is selling to all 10 Canadian provinces The company is on track to increase production capacity and is well positioned for Canada’s new…

TuesdayJun 25, 2019 11:10 am

ChineseInvestors.com Inc. (CIIX) Sees Huge Market Opportunity

CIIX is the first CBD company to focus on Chinese-speaking North Americans The company is targeting a huge market opportunity in China and throughout Asia CIIX sales are projected to double over the next 12 months ChineseInvestors.com Inc. (OTCQB: CIIX) provides Chinese-speaking investors in the U.S., Canada and Asia with real-time market commentary, analysis and education-related services in the Chinese language. The company has a highly diversified revenue stream and is seeing a huge market opportunity for its cannabinoid products, as well as expanding into cryptocurrency and blockchain educational services. In 2019, CIIX experienced an 81 percent revenue increase, which…

TuesdayJun 25, 2019 10:28 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Offers Secured Loan for Option to Buy Cannabis Oil Manufacturer

PLUS has the right (but no obligation) to buy Emerald Bay Wellness and Emerald Bay Extracts’ business assets Emerald Bay Extracts has been one of Plus Products’ largest suppliers for the past year If the option is exercised, PLUS will reap the benefits of vertical integration and directly interact with the cannabis plant Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), manufacturer and marketer of cannabis food products, has purchased an option to buy California-based cannabis oil manufacturer Emerald Bay Wellness LLC and the business assets of Emerald Bay Extracts. The option specifies cash and stock consideration to acquire one of…

TuesdayJun 25, 2019 4:20 am

420 with CNW – Company Invents CBD Extraction Method Aimed at Bringing Prices Down

While the popularity of cannabidiol (CBD) has been growing, the current price of high-quality CBD oil is so high that it is out of reach for many of the people who need it the most. Draconis Extraction Technology (DET) has come up with a system which will extract crude CBD on an industrial scale and lower the cost of the final product. The large-scale ethanol extraction process is patented and is set to start being used to avail winterized, full-spectrum de-waxed CBD oil. Paul Baskis, the person who invented the extraction system says he was driven by a desire to…

MondayJun 24, 2019 4:20 pm

420 with CNW – More Pregnant Women Using Marijuana to Treat Morning Sickness

It has been widely reported that marijuana can treat morning sickness, so it isn’t surprising that more women are resorting to cannabis to ease the symptoms of morning sickness during the initial stages of pregnancy. Researchers have found that the number of pregnant women turning to cannabis is higher than it ever was. The study published in the JAMA journal found that the number of women who use cannabis to deal with morning sickness has more than doubled from just 3.4 percent in 2002 to 7 percent in 2017. These findings were obtained after analyzing the data collected during the…

MondayJun 24, 2019 12:30 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Well Positioned to Address Changes in Cannabis Product Regulations

In line with Health Canada’s amended cannabis regulations, Supreme Cannabis has reaffirmed its expanded product strategy Supreme Cannabis plans to debut a range of cannabis extract offerings, including vaping liquids, concentrates, oils and tinctures Health Canada’s amended regulations permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is prepared to meet Health Canada’s amended cannabis regulations, which include three additional types of cannabis products: cannabis edibles, extracts and topicals (http://cnw.fm/C4st8). The company’s strategy is to target premium brands, leverage its…

MondayJun 24, 2019 12:27 pm

3 Ways Cannabis Dispensaries Are Making Neighborhoods Better

Cannabis dispensaries have the ability to transform neighborhoods. If you live near a dispensary, chances are you know exactly what I mean. A nice, clean dispensary can not only do wonders for the aesthetics of a neighborhood but they also help patients and consumers in the surrounding area. Dispensaries are now considered to be legitimate entities not only in the eyes of state law but also in the eyes of a lot of the American public. However, sadly, there is still some debate occurring as to if dispensaries should be allowed in states that are grappling with creating regulatory systems…

MondayJun 24, 2019 11:19 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds C$10 Million in Funding to California Cannabis Asset-Building Effort

TransCanna Holdings closed a recent round of private placement funding with aggregate gross proceeds of more than C$10 million TransCanna will use the funding to help grow its statewide vertically integrated cannabis production and distribution efforts in California’s robust marketplace Following an extensive search, the company has named a general manager for its 196,000-square-foot hub facility that will serve up to five satellites Pending acquisition projects are expected to expand TransCanna’s asset and brand options in the state TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8), a company aiming to create and buy 15 premium brands in California, garnered aggregate gross…

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