Patients and industry players alike have applauded the decision by numerous states to classify marijuana as an essential commodity, allowing medical and recreational marijuana stores to remain open. As the Coronavirus pandemic ravages the U.S., several state governments have implemented statewide lockdowns to curb its spread. People are to practice self-isolation and only head outside for essentials like food and…
Industrial hemp market estimated at $4.7 billion in 2019, expected to grow 15.8% by 2027 Company plans to capitalize on convergence of CBD within nutrition, health products market CIIX uniquely positioned to target China’s consumer base of nearly 2 billion people as CBD oil market becomes more mainstream As the leading financial information website for Chinese-speaking investors in the United…
Cannabis Global (OTC: MCTC), formerly MCTC Holdings, today announced a change in corporate domicile from Delaware to Nevada under the corporate name of Cannabis Global, Inc. According to the update, the company plans to institute a corporate action with FINRA for an official name change with that organization and for a change of the stock trading symbol. “We have made…
VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that it has re-purchased for cancellation certain of its outstanding 6% unsecured convertible debentures in the aggregate principal amount of $10 million, for a purchase price of $9.3 million (plus accrued and unpaid interest thereon), representing a 7% discount to the face value, pursuant to an agreement with the holder thereof. The…
ChineseInvestors.com (OTCQB: CIIX) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program, viewed in over 200 million households and more than 75 countries, covers money-focused topics and features in-depth interviews with CEOs and executives that offer insights into various companies and their operations and future outlooks. Among other highlights, this week’s program featured CIIX…
As of midday on April 2nd, marijuana stocks have so far had quite a rally. Top companies in the industry such as Tilray have shot up by as much as 12% during the day, before climbing back to a respectable 2% gain. Many of the deductions being made about the cannabis industry have been on a short term basis. This…
The cannabis industry has an undeniable packaging problem, and the packaging companies that serve both retailers as well as growers are jumping in headfirst to help green up the segment. We touched base with STO Responsible, a cannabis packaging company in Denver, CO, to discuss how they are helping growers and distributors overcome the tendency to swath legal cannabis products…
It is no secret that the coronavirus pandemic has sent shockwaves throughout the global economy. Many industries are doing their best to limp along as much as reasonably possible, while other industries have been shut down entirely. One industry that seems to be adapting to the situation better than others is the emerging global cannabis industry, and that’s likely not…
The economic impact of the Coronavirus pandemic has been immense. Shortly after various states started implementing lockdowns to prevent the virus from spreading, businesses were feeling the pinch due to reduced sales. By this week, more than 3 million Americans have filed for unemployment, and the number may increase as the country has officially become the epicenter of the disease…
Of the over 800,000 confirmed Coronavirus cases in the world, at least 100,000 are from Spain. The country has lost a little over 9,000 patients, and understandably, it has gone into lockdown mode to reduce the spread of the virus. This, coupled with regular hand washing and social distancing is the best way to prevent new infections. However, the economic…
Cannabis infusion technology innovator Cannabis Global dedicates its business production activity to developing clean infusion techniques for cannabinoid extracts, making it easier to manufacturer toxin-free food shelf items with cannabis’ benefits The company’s Hemp You Can Feel (TM) branded products utilize infusion technology that Cannabis Global is also making available to other companies on a white label basis to ensure…
Delta 9 Cannabis (TSX: DN) (OTCQX: VRNDF) on Monday announced its implementation of numerous health and safety precautions to protect customers and staff while maintaining operations amid the COVID-19 outbreak. According to the update, the company has been able to maintain continuous operations of its retail stores, wholesale and business to business (“B2B”) units and has no current plans to…