May 2018 - PsychedelicNewsWire (PNW)

ThursdayMay 31, 2018 9:00 am

CBD Market Set for Huge Growth

PsychedelicNewsWire Editorial Coverage: In a fragile economic world, industries with significant growth forecast are certain to catch the eye of savvy investors looking for just the right place to be. Recent reports indicate that the cannabidiol (CBD) market is estimated to grow by 700 percent by 2020, and a report by market intelligence firm Hemp Business Journal projects that the CBD market will grow to $2.1 billion by 2020 (http://cnw.fm/7iczS), an astronomical jump in value compared to last year’s CBD market of $202 million. This news bodes well for hemp-focused companies such as Marijuana Company of America (OTC: MCOA) (MCOA…

TuesdayMay 29, 2018 1:26 pm

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Adding Value to Nature-Identical Therapies Portfolio

Stock split, CSE listing show evidence of company’s shareholder commitment PreveCeutical balancing need for unique profit-building intellectual property with mission to offer affordable products to patients Manufacturer agreement, licensed shipments advance CBD therapy research Alternative medicines market valued at more than $40 billion PreveCeutical Medical Inc.’s (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) dedication to developing preventative medical therapies based on the identified health benefits of natural substances in controllable formulations that are both affordable to consumers and potentially profitable to investors is on display in the company’s recent shareholder-approved forward stock split and the opening of trade on the Canadian…

ThursdayMay 24, 2018 9:00 am

CBD Solid Bedrock as US Heads Back to Industrial Hemp Roots

PsychedelicNewsWire Editorial Coverage: With the announcement in April of the Industrial Hemp Farming Act of 2018, the industry could be looking at a federal redefinition of hemp. Industrial hemp is a great source for CBD (cannabidiol), a non-psychoactive cannabinoid with numerous medical applications ranging (http://cnw.fm/7tqIy). U.S. market projections for hemp range from $1.9 to $2.1 billion within the next two years and could hit $3 billion by 2021, according to one industry analyst (http://cnw.fm/MLA5w). This is great news for well-positioned sector players such as Marijuana Company of America (OTC: MCOA) (MCOA Profile), which recently executed a sizeable hemp-cultivation JV agreement.…

WednesdayMay 23, 2018 12:05 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Technology Boosts Prospects for Smoke-Free Nicotine Future

New FDA restrictions on Big Tobacco take effect Tobacco manufacturers turning to ‘reduced-risk’ products No edible nicotine products currently available DehydraTECH improves bio-absorption of nicotine taken orally Smoking may be a dying trend, but consumption of nicotine is not only very much alive; its longevity is assured by Big Tobacco’s foray into alternative tobacco and ‘reduced-risk’ products. Driven by increased public awareness and government policy, the pressure has been turned up on smokers to quit, and cigarette manufacturers are feeling the heat, as well. New regulations mandating warnings against the adverse health effects of smoking and the addictive power of…

FridayMay 18, 2018 12:11 pm

Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Advancing in Oregon Cultivation of Versatile Hemp Plant

Joint venture with MCOA establishing hemp farms in U.S. and Canada CBD hemp propagation phase and the development of outdoor-indoor facilities to maintain year-round cycle Oregon farm covers 109 acres; greenhouses will add 19,296 square feet of indoor production space Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF), a company dedicated to building a portfolio of hemp-friendly businesses intent on producing the ancient crop renowned for its use in paper, textiles, rope and building materials, is celebrating the recent property acquisition and the advancement of its farming operations in Scio, Oregon. “Garden operations are well underway at the…

TuesdayMay 15, 2018 12:37 pm

Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Pursuing Profitable Harvest in Niche Markets

Focused on growing strategic portfolio of industrial hemp-based companies Entered into joint venture with Marijuana Company of America, Inc. to purchase 109-acre farm in Oregon for cultivation of legal, high-yielding CBD from industrial hemp Hemp industry projected to reap $1.8 billion in sales by 2020, with growing political support 2018 growing season includes commercial hemp development projects at farms in Canada and Oregon Hemp cultivation company Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) continues to execute its strategic growth plan with the recent purchase of 109 acres of prime agricultural land in Oregon with joint venture partner…

TuesdayMay 08, 2018 1:57 pm

Marijuana Company of America, Inc. (MCOA) Completes Set-up of Greenhouse Facility in Washington State

First construction phase, representing 23 percent of site capacity, completed Completion of entire greenhouse cultivation facility anticipated in Q3 2018 MCOA focused on the development of its hempSMART™ CBD-infused product range On April 18, 2018, Marijuana Company of America, Inc. (OTC: MCOA), an established hemp company, announced that its joint venture project with Bougainville Ventures, Inc., BV-MCOA Management, LLC, completed construction of three greenhouses covering a total area of 7,000 square feet. This first phase of construction represents a 23 percent completion of the total capacity of BV-MCOA’s 30,000 square foot facility in Okanogan County, Washington (http://cnw.fm/PaZw4). MCOA concluded its joint…

WednesdayMay 02, 2018 12:45 pm

Marijuana Company of America, Inc. (MCOA) Set to Profit from the Growth of the Legal Hemp Market

MCOA’s hempSMART™ hemp-based CBD consumer products set to capitalize on burgeoning growth A recent bipartisan bill that has been introduced to Congress, the ‘Industrial Hemp Farming Act of 2017’ (http://cnw.fm/amHe5), provides hope for the revival of the industrial hemp industry in the U.S. The new bill has gained traction in the House, attracting a total of 43 cosponsors. If passed, it would strike hemp from the definition of “marijuana” under the Controlled Substance Act. This would mean the revival of an industrial agricultural crop that has been repressed for almost 100 years. The Farm Bill of 2014 has made it…

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Month: May 2018