Opportunities for Growth Found in Burgeoning Cannabis Industry

CannabisNewsWire Editorial Coverage: The legalization of cannabis for recreational use in Canada appears to be certain by the end of summer. The legislation to begin that process was passed by the government in late 2017 and passed a second reading in the country’s Senate in March 2018; the final vote is scheduled for June of this year, and the passage appears all but certain. Approval of the law — along with the fact that recreational cannabis is already legal in nine U.S. states — will spark an industry that forecasts indicate may reach as high as $12B in North America (http://cnw.fm/Fem3T), an irresistible opportunity for companies in all areas of the cannabis industry, as well as for companies looking for new ways to grow. Among the companies positioning themselves to be top contenders in this potentially incredibly lucrative area are Global Payout, Inc. (GOHE) (GOHE Profile), Kush Bottles, Inc. (OTCQB: KSHB), General Cannabis Corporation (OTCQB: CANN), MassRoots Retail (OTC: MSRT), and Growlife, Inc. (OTCQB: PHOT).

Smart Companies Looking to Enter the Market

Cannabis as a growing market can’t be ignored, and smart companies are eager to identify ways to enter the market — even if they don’t grow or sell marijuana. These companies are taking advantage of innovative opportunities ranging from payment solutions, accessories, technology, medicine and more. Global Payout, Inc. (OTC: GOHE) has become a leader in providing cannabis companies with…

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Filing of New Patent Application

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has filed a new patent application with the United States Patent and Trademark Office for the use of its DehydraTECH™ technology to improve the speed and quantity of absorption of active pharmaceutical ingredients through the skin. This update comes on the heels of Lexaria’s recently detailed successful laboratory evaluation of DehydraTECH™ in the transdermal delivery of cannabidiol. Per company data, the platform demonstrated as much as a 225 percent increase in CBD permeability when compared to control formulations featuring leading commercial penetration enhancers, as well as a nearly 1,900 percent increase in CBD permeability when compared to a control formulation that was devoid of any commercial penetration enhancer. This new patent application includes protection for the delivery of all of the active ingredient classes identified in Lexaria’s other issued and pending patent applications, including cannabinoids, terpenes and terpenoids, NSAIDs, vitamins, nicotine and phosphodiesterase inhibitors.

To view the full press release, visit http://cnw.fm/k1OZX

About Lexaria Bioscience Corp.

Lexaria Bioscience Corp. has developed and out-licenses its disruptive delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. Lexaria has multiple patents pending in over 40 countries around the world and was granted its first patents in the USA and in Australia related to edible forms of cannabinoids. Lexaria’s technology provides increases in intestinal absorption rates; more rapid delivery to the bloodstream; and important taste-masking benefits, for orally administered bioactive molecules including cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules. For more information, visit www.LexariaEnergy.com

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Appoints New Chief Operating Officer

Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning announced its appointment of Gagan Hunter to the position of chief operating officer. This introduction marks the achievement of one of the company’s Q1 goals, as outlined in an update issued in early January. “I feel that we finally have the last piece of our puzzle in place to take ETST to new heights,” Nickolas Tabraue, president and director of ETST, stated in the news release. “Gagan has many great ideas to implement that will help the Company work more efficiently and with greater organization. We now have every major role managed by passionate, likeminded individuals to truly make ETST an innovative, trusted brand in the alternative medicine space.” Hunter is a holistic health specialist with two decades of natural products industry experience spanning sales, marketing and management. His varied skillset includes staff training, purchasing, customer service, inventory control and financial management expertise.

To view the full press release, visit http://cnw.fm/V9seH

About Earth Science Tech, Inc.

Earth Science Tech has among the highest quality, purity and full-spectrum high-grade hemp CBD (cannabidiol) oil on the market. Made using the superior supercritical CO2 liquid extraction, ETST’s CBD oil is 100% natural and organic. The company’s research, performed alongside the University of Central Oklahoma and DV Biologics laboratory, demonstrates that ETST is the top nutritional and dietary supplement brand for high-grade hemp CBD oil. For more information, visit the company’s website at www.EarthScienceTech.com

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Advisor to Appear on Nationally Syndicated Radio Program

Cannabidiol-focused holding company PotNetwork Holding Inc. (OTC: POTN) this morning announced that its senior advisor, Bruce Barren, is scheduled to appear on the ‘The Mick Bazsuly Show’, an internationally syndicated radio program known for its profiles on startup companies, established market leaders and everything in between. Per the update, Barren’s featured segment will air later this morning, at 10 a.m. EDT, with live recording of the program available on both Amp2.TV and WWNNRadio.com. Those with specific questions about PotNetwork or its subsidiaries can submit their queries to the show via email or by calling in during the live segment at 1-888-565-1470. “I am looking forward to interviewing Mr. Bruce Barren and discussing the leaps and bounds in production and growth this company [PotNetwork Holding Inc.) is experiencing today,” Mick Bazsuly stated in the news release.

To view the full press release, visit http://cnw.fm/g2CtS

About PotNetwork Holding, Inc.

PotNetwork Holding, Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils. For more information, visit the company’s website at www.PotNetworkHolding.com

Pursuant to the applicable federal law, the sale or distribution of CBD with less than 0.03% of tetrahydrocannabinol by retailers may be permissible in all states. However, the local, state and federal laws regarding these issues tend to remain in flux and should be accordingly reviewed by local counsel and, as such, legal advice is not intended, but specifically disclaimed.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Seeking its Share in the Anticipated Canadian Recreational Marijuana Market

  • Potential Canadian marijuana market upside estimated at $22.6 billion
  • Choom™ strategy is soil-to-shelf integration through cultivation, branding and retail marketing
  • Company seeking phase 1 and 2 revenue growth in Vernon and Vancouver Island, British Columbia, Canada

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is focused on the recreational marijuana market in Canada and is projecting revenues from its retrofit and expansion efforts in Vernon and Vancouver Island, British Columbia, Canada. In its investor presentation of March 2018 (http://cnw.fm/pER7I), the company positioned itself to become a branded, fully integrated cannabis company in the recreational marijuana market of Canada. Its plans for growth include its own product cultivation, retail expansion and acquisitions.

In its presentation, Choom quotes the ‘Canaccord Genuity Canadian Cannabis Industry Overview’ as projecting that the total marijuana market will reach $6 billion by 2021. It finds that recreational users will outnumber medical marijuana users by almost eight times, calling for 3.8 million recreational users to roughly…

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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Nevada Eyes Denver’s New Pot Lounges, Las Vegas to Come to the Table in 2019

  • Denver presents the first recreational cannabis lounges
  • Las Vegas officials cautious about pot lounge endeavors until 2019 legislative meetings
  • Pilot projects in effect to weigh pros and cons of new recreational marijuana use

Denver’s first social-use marijuana permit was awarded to The Coffee Joint in early March of this year, establishing it as the first of what looks to be many pot consumption lounges to open in the coming years. Denver’s cannabis consumption establishment makes allowance for those who are over 21 to consume legal quantities of pot through methods of consuming edible products, vaping and dabbing within the venue itself, with the sole exclusion of smoking only being allowed outdoors (http://cnw.fm/YXa0Q).

City officials in Las Vegas are currently waiting on the City of Denver to approve the country’s first marijuana club, prior to their own discussions revolving around the licensing and regulation of lounges dedicated to marijuana within Las Vegas. With Nevada having permitted the lawful sale of recreational marijuana in July of 2017, a great demand has been placed on related commercial industries brought by…

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About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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Marijuana Company of America, Inc. (MCOA) Creating a Diversified Range of Synergistic Opportunities in Hemp Sector

  • MCOA is involved in the production and distribution of high quality hemp-derived CBD products
  • Company continues to add high-demand retail products
  • Strategic investments and joint ventures offer broad-based opportunities

In spite of all of the short-term political gyrations, the cannabis and hemp markets continue to bloom. The demand for cannabidiol (CBD) products remains persistent, and there are many attractive opportunities in the sector.  Marijuana Company of America, Inc. (OTC: MCOA) is in position to thrive in spite of any short-term contortions in the cannabis and hemp markets. The company’s low-risk, high-return profile results from its focus on industrial hemp-based CBD products and its portfolio of synergistic companies that operate in the space. MCOA has already undertaken multiple initiatives, building a portfolio of investments and joint ventures in the space.

MCOA recently invested $100,000 into Convenient Hemp Mart, LLC’s Benihemp-branded CBD product line for a 25 percent equity interest in Convenient Hemp Mart, LLC. BeniHemp products include topicals, tinctures and edibles, conveniently packaged in one-day, two-day and 30-day supplies. The target markets for these products are convenience stores, smoke shops, gas stations and similar types of small retail businesses where CBD commerce has significant potential to generate sales from…

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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Compensation Disclosure

Section 17(b) of the 1933 Securities and Exchange Act requires publishers who distribute information about publicly traded securities for compensation, to disclose who paid them, the amount, and the type of payment. In order to be in full compliance with the Securities Act of 1933, Section 17(b), we are disclosing that we entered into a contract with Marijuana Company of America, Inc. The Company agreed to compensate us with $5,000 USD a month for our services.

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Details Cannabis Exportation Agreement for Sol-gel Research

  • Permits obtained for importation of cannabis into Australia
  • PreveCeutical conducting research at University of Queensland for cannabinoid-based Sol-gel products
  • Cannabis-based Sol-gel products targeted at relieving symptoms such as pain, inflammation, seizures and neurological disorders

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H), a health sciences company aiming to become a preventive health sciences leader, has announced the grant of three permits from the Australian government’s Department of Health allowing for the importation of cannabis into Australia for purposes of research. The permits, which have been granted to the Pharmacy Australia Centre of Excellence (PACE) at the University of Queensland, will allow PACE to import cannabis plant material shipments for research purposes. Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (FSE: 21P) (WKN: A1C4WM) will export the cannabis to PACE and has obtained the necessary Canadian permits to do so. Once shipped by Aurora, the cannabis will be used in PreveCeutical’s drug delivery research program for its Sol-gel (soluble gel).

The Sol-gel drug delivery research program, which is being undertaken at the University of Queensland, targets the development of a system that will enhance the bioavailability of drugs using a nose-to-brain delivery system. The program is being conducted by…

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Explores Potential Cryptocurrency Mining Investments

Market analysis company ChineseInvestors.com (OTCQB: CIIX) this morning said that it is exploring investments into cryptocurrency mining in connection with its recent purchase of application specific integrated circuit (“ASIC”) machines used to mine SHA-256 or scrypt mining algorithms to earn cryptocurrencies such as Bitcoin and Litecoin. The company’s initial trial comprised of the purchase of 20 BitMain L3+ Antminers and 7 BitMain S9 AntMiners that were installed inside a secured datacenter near Seattle. The company believes that this will be a successful venture based on initial reports from the trial and anticipates the possibility of considering additional investments in graphical processing units, the addition of 500 or more ASIC units and other equipment suitable for blockchain mining. “The company endeavors to be on the cutting edge of blockchain technology and to stay ahead of the curve in an effort to continue to build shareholder value and increase revenues this year,” ChineseInvestors.com CEO Warren Wang stated in the news release.

To view the full press release, visit http://cnw.fm/Y1nPu

About ChineseInvestors.com

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail and online sales of hemp-based products and other health related products. For more information visit www.ChineseInvestors.com.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks Definitive Amalgamation Agreement to Acquire Late Stage ACMPR Applicant

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning said that along with its wholly-owned subsidiary, Arbutus Brands Inc., it has entered into a definitive amalgamation agreement with International Tungsten Inc. (“ITI”). Per the terms of the agreement, Arbutus Brands will merge with ITI and the combined company will remain a wholly-owned subsidiary of Choom operating under the name of Arbutus Brands. All issued and outstanding securities of ITI will be exchanged for securities of Choom. Additionally, ITI has entered into an agreement to acquire all of the issued and outstanding securities of an applicant under the Access to Cannabis for Medical Purposes Regulations (the “ACMPR”), Specialty Medijuana Products Inc. (“SMP”). SMP has submitted its Affirmation of Readiness (“AOR”) evidence package to Health Canada and expects to receive a cultivation license from Health Canada within the next several weeks. In connection with the transaction, Choom has successfully completed an offering of subscription receipts at a price of $0.60 each for total gross proceeds of $7.0 million. None of the securities issued in connection with the transaction or the offering may be offered or sold in the United States.

To view the full press release, visit http://cnw.fm/bHs2D

About Choom™

Channeling the spirit of Hawaii in the Okanagan, high-grade handcrafted strains by Choom™ are all about cultivating good times and good friends. Choom™ was inspired by the Choom Gang; a group of buddies in Honolulu during the 1970s. Now, after four decades, Choom is bringing the spirit of Hawaii to the Okanagan. The company is planting its flag in the rapidly growing legal cannabis industry in Canada with its own brand of high-grade handcrafted herb. For more information, visit the company’s website at www.Choom.ca.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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