News Archives - Page 650 of 731

FridayJan 04, 2019 11:12 am

Icon Exploration Inc. (TSX.V: IEX.H) Building Presence in Booming Cannabis Space

Cannabis researchers predict that global sales of the plant will reach $32 billion by 2022 Canada’s recent nationwide legalization of adult uses of cannabis is fueling a spike in labor force opportunities, including a 266 percent increase in cannabis jobs Icon Exploration’s agreement with City View Green (CVG) is sowing the seeds of growth as the Canadian cannabis license applicant prepares a 40,000-square-foot cultivation facility New job and wage statistics released just shy of Canada’s two-month anniversary for full-use cannabis legalization underscore the strength of the ‘weed’ industry, as well as the market potential of companies such as Icon Exploration…

ThursdayJan 03, 2019 12:30 pm

Spectrum Global Solutions, Inc. (SGSI) Prepares to Slake Consumer Thirst for Faster, Clearer Mobile Data Options

5G Network services began to appear in the United States during the last quarter of 2018, with momentum building for 2019 Spectrum Global Solutions counts the 5G network movers among its clientele and is continuing to develop its capacity to build and maintain such networks The U.S. telecommunications industry is expected to invest about $157 billion in capital upgrades for new and existing networks by 2021 The ever upward-spiraling hunger that consumers feel for mobile computer data delivery is fueling the next surge in transmission power as 5G networks begin making inroads throughout the developed world’s communications infrastructure, and Spectrum…

ThursdayJan 03, 2019 12:02 pm

Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Introduces Truly Water-Soluble Cannabinoid Technology

Sproutly’s chief science officer, Dr. Arup Sen, recently discussed the company’s unique water-soluble technology and its ability to create designer cannabis beverages Sproutly entered LOI with the largest Caribbean medical cannabis producer to establish a joint venture to sell cannabis-infused beverages and oil products As worldwide prohibition of cannabis eases, restrictions on scientific research into cannabinoids are loosening as well, allowing innovative companies like Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) to emerge. Sproutly, based in Vancouver, Canada, has discovered water-soluble forms of cannabinoids, which it is now able to extract with a proprietary Aqueous Phytorecovery Process (APP) technological…

ThursdayJan 03, 2019 11:42 am

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4): Project Pipeline Set to Swell

Israel on brink of removing ban on export of medical marijuana Redfund makes first investment in cannabis beverage company Biolog Inc. Biolog to collaborate in initiative to develop water-soluble cannabinoids Recent developments in regulation and research and development in the cannabis space are set to swell the project pipeline of Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4). In November, a government committee in Israel approved the first draft of a law on the export of medical cannabis, a move welcomed by the industry, with one commentator (http://ibn.fm/XyGB5) opining, “Although a small step in the dry process of legislation, it’s a huge…

ThursdayJan 03, 2019 11:19 am

SinglePoint, Inc. (SING) Releases Upbeat Video Outlook for 2019 Following US Legalization of Hemp

Hemp-based CBD products are sold through SinglePoint’s e-commerce subsidiary, SingleSeed.com 2018 Farm Bill signed into U.S. law, removing hemp from list of controlled substances $1 billion hemp-derived CBD industry projected to reach $22 billion by 2022 SinglePoint expects to top $1 million in 2018 sales and build to $3 million in 2019 SinglePoint, Inc. (OTCQB: SING), a fully reporting technology company providing mobile payments, blockchain solutions and ancillary cannabis services, sees the recent passage and signing of the 2018 Farm Bill as a game changer for its SingleSeed.com subsidiary and its future growth plans. In a video discussion ranging from…

ThursdayJan 03, 2019 10:37 am

Earth Science Tech, Inc. (ETST) Pushes toward Opportunity with Passing of New Farm Bill and Launch of Hygee Kits

Sees opportunity in the passing of the new Farm Bill Signs new chief sales officer to distribute CBD products nationwide Orders first commercial production run of Hygee Kits The passing of the new Farm Bill is big news for companies like Earth Science Tech, Inc. (OTCQB: ETST) that work within the cannabis industry. ETST is a Florida-based biotechnology company focused on cannabis and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices. The newly passed 2018 Farm Bill removed hemp (including hemp-derived cannabinoids containing less than 0.3 percent THC) from the Controlled Substances act. According to New Frontier cannabis market…

WednesdayJan 02, 2019 12:21 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Aims to Capitalize on Forecast Cobalt Demand Increase in 2019

Demand for cobalt forecast to grow in 2019 and the year beyond, increasing the price of the natural resource DRC is currently the world’s largest cobalt producer, but political turmoil and ethical considerations are providing excellent opportunities for alternative cobalt producers like First Cobalt 2018 was a successful year for First Cobalt, with Iron Creek Cobalt Project prospecting far exceeding initial expectations The forecast for cobalt in the coming few years is a positive one, with demand set to grow and prices expected to increase 30 percent by mid-2019, according to analysts. The cobalt price reached near decades high in…

WednesdayJan 02, 2019 12:00 pm

The Motley Fool Touts The Flowr Corporation (TSX.V: FLWR) as ‘One to Watch’ with Supply Glut Looming over Marijuana Industry Horizon

The Flowr Corporation recently acquired 19.8 percent of Holigen, a large-scale cannabis producer Lance Emanuel has joined the company as its president, bringing valuable background experience Recent article cites low production costs and high yields per square foot as predictors of the company’s continued success The Flowr Corporation (TSX: FLWR), a vertically integrated Canadian company producing premium cannabis product, is expected to weather a coming supply glut over larger companies because of its low operating costs and irradiation-free products. The up-and-coming company was featured in a recent article on The Motley Fool. The article described an upcoming supply glut in…

WednesdayJan 02, 2019 11:36 am

Sugarmade, Inc. (SGMD) Scaling Up in Cannabis Space with Acquisitions and Agreements

Scaling up with acquisitions and agreements in cannabis and hemp sectors SGMD to gain synergy from application of hydroponics to cannabis cultivation Revenue guidance for 2019 raised to $70 million With California’s legal cannabis market expected to grow “more than 18 percent annually to hit $5.6 billion by 2020” (http://ibn.fm/FlhFw) and the hydroponics market on “a CAGR of 6.5%” (http://ibn.fm/T5pCt) from 2018 to 2023, California-based Sugarmade, Inc. (OTCQB: SGMD) has positioned itself at the confluence of two great market movements. The state was the first to buck the trend of prohibition when, in 1996, it passed the Compassionate Care Act, which legalized…

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