Church leaders in Connecticut gathered on Tuesday to rally in support for draft legislation seeking to legalize marijuana. The Connecticut Clergy Coalition is backing governor Ned Lamont’s legislation as it would regulate and tax marijuana. The coalition that represents more than 100 congregations said that marijuana regulation would cut across racial, ethnic, and gender lines. The Connecticut Clergy Coalition is…
SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint…
Prices of hundreds of cannabis products at Ontario’s provincially owned online retail store have decreased dramatically since legalization, a result of rising cannabis supply and a proliferation of product offerings from producers. “To date, more than 200 product price decreases have been made on dried cannabis, pre-rolls, oils and capsules as well as accessories,” the Ontario Cannabis Store revealed in…
Cannabis companies have been struggling amid a cash crunch in the sector. The big players are in a tough spot. Recently, Aurora Cannabis (NYSE:ACB) cut 25% of its workforce to hit profitability. Meanwhile, Tilray (NASDAQ:TLRY) had to cut 10% of its workforce for the same reasons. Some of the Canadian cannabis companies have enough cash-in-hand to survive the challenging period.…
The Nova Scotia Liquor Corporation (NSLC) is still experiencing a limited supply of cannabis edibles and it could be months before items are regularly found on the shelves. Stores are carrying chocolates, soft chews and mints, along with vaping products and teas. NSLC spokesperson Beverley Ware said licensed producers are working hard on getting more products approved and shipped. “We…
A new study has found that people with ADHD (attention-deficit hyperactivity disorder) tend to use less prescription drugs, which are powerful, addictive, and psychostimulants when they consume more medical marijuana. The researchers found that patients who consumed medical marijuana compounds, such as cannabinoids and terpenes, reported a higher occurrence of stopping usage of all ADHD medication. The study findings were…
On Friday, the head of the labor union representing U.S. Border Patrol agents acknowledged that cartel activities are being disrupted by the states where marijuana is legal. Although the President of the National Border Patrol Council, Brandon Judd, tried to downplay the impact of legalization, he was inadvertently making a case for the regulation of all illegal drugs by saying…
SING’s current strategy includes focused marketing, sales-development initiatives Company “strongly committed” to continued development, improvement of Direct Solar America subsidiary SEIA dubs 2020s the solar+ decade; SING set to capitalize on solar becoming leading source of new-energy generation Following a week during which its subsidiary Direct Solar America reported increased growth in terms of new contract development, SinglePoint Inc. (OTCQB:…
This year’s O’Cannabiz Conference and Expo includes a key focus on retail, with the O’Cannabiz Retail Zone a highlight of the upcoming event slated to take place at Toronto’s International Centre from April 2325, 2020. Featuring two full days of education and 20,000 square feet of dedicated expo space, the O’Cannabiz Retail Zone offers an unparalleled opportunity to dive deep…
Sugarmade (OTCQB: SGMD) today released statements from its Chief Executive Officer, Jimmy Chan, relating to the company’s growth strategy within the regulated California cannabis marketplace. “The regulated cannabis market in California is changing quickly with new investment and operational opportunities opening as acceptance grows among the public, as the industry moves past its initial growth stage and as the crackdown…
Canada’s beer business is looking a little flat. The industry experienced its largest drop in sales in seven years in 2019, with domestic and imported beer purchases falling by 3 percent from the previous year, according to Marijuana Business Daily. Domestic beer felt the brunt of the decline, with sales dropping in each of the final eight months of the…
One of the most exciting verticals that is commonly associated with the cannabis sector is related to the opportunity that is surrounding cannabidiol (CBD) and other high-value cannabinoids. During the last year, we noticed an increase in the number of mainstream retailers carrying CBD products, and this is a trend that our readers need to be aware of. From shopping…