WednesdayNov 14, 2018 9:00 am

Hydroponics Increasingly Key as Booming Cannabis Sector Goes to Next Level

PsychedelicNewsWire Editorial Coverage: With Canada’s decision to decriminalize cannabis nationwide and the 2018 U.S. Farm Bill’s provision to potentially make industrial hemp and hemp-derived cannabidiol (CBD) legal nationwide, the cannabis CBD product sector is gaining a strong foundation. Analysts expect runaway growth in the cannabis and CBD markets. Industry is scaling up amid regulatory reform. Underlying growth metrics are bullish for hydroponics suppliers and cultivators alike. Branding and marketing are increasingly important and tied to quality control. Numerous interests stand to benefit as the cannabis sector begins to hit its stride, ranging from cannabinoid biopharma developers to cultivators with rapidly…

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TuesdayNov 06, 2018 9:00 am

Industrial Hemp Floodgates Open as CBD Demand Grows

PsychedelicNewsWire Editorial Coverage: The growing popularity of cannabidiol (CBD), a powerful but nonpsychoactive cannabinoid found in plants of the cannabis family such as industrial hemp, has a lot to do with consumer experience roundly validating the increasingly body of scientific evidence for CBD’s therapeutic value. CBD demand is increasing rapidly as consumers run ahead of the studies. Branding is key to capturing market share while formulation quality drives consumer loyalty. The global potential for the CBD market is immense and largely untapped. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile) has taken several key steps to set itself up…

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MondayNov 05, 2018 9:00 am

Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry

PsychedelicNewsWire Editorial Coverage: The legal cannabis industry, which anticipates massive growth over the next few years, is seeing constant innovation as companies move to provide essential services needed for that growth. The global cannabis industry, which was worth $7.7 billion in 2016, is expected to reach $65 billion by 2023. The industry’s upward trajectory is happening despite legal restrictions that have forced cannabis businesses to seek alternative payment solutions. These solutions are among many innovations in the sector, which has a strong strand of research and design. Net Element (NASDAQ: NETE) (NETE Profile) recently launched a compliant, secure payment processing…

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ThursdayNov 01, 2018 10:00 am

Bumper Hemp Crops Promise Profit for Farmers and Cannabis Companies

PsychedelicNewsWire Editorial Coverage: This year will see the largest U.S. hemp crop since changes to federal law created an avenue for production to start again, turning over decades of fallowed industry. Thousands of acres of hemp will be harvested across 19 states. Kentucky is seeing particularly good crops, due to near-perfect growing conditions over the summer. The main product taken from these crops will be cannabidiol (CBD) oil, used in a growing range of health and wellness products. Crop production is set to continue increasing in light of high demand and legal changes. Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) is…

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WednesdayOct 24, 2018 9:00 am

Changing Attitudes in Washington Offer Promise for Hemp and Cannabis Market

PsychedelicNewsWire Editorial Coverage: Legal changes could soon make transacting business easier for the cannabis industry. Reports indicate that the president plans to reform cannabis laws, making commerce easier for businesses working in states with legal markets. Reforming the law could improve the position of companies working with cannabidiol (CBD) as a food additive and industrial hemp. Hemp and CBD are now large segments of the cannabis sector. These anticipated legal changes are part of a wider international shift. One of the companies that may benefit from changes in the United States is Marijuana Company of America, Inc. (OTC: MCOA) (MCOA…

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WednesdayOct 17, 2018 9:00 am

Hemp and CBD Set to Eclipse the THC Marijuana Market

PsychedelicNewsWire Editorial Coverage: As the cannabis market continues to grow, hemp and cannabidiol (CBD) are occupying an increasingly large share of the escalating industry. Hemp, the form of cannabis without psychoactive tetrahydrocannabinol (THC), is an important part of the cannabis market. Hemp is common in many health and wellness products. Total sales of hemp-derived products are expected to exceed $1 billion this year. Some industry experts expect hemp products to soon exceed marijuana for their share of the cannabis industry. Sugarmade, Inc. (OTCQB: SGMD) (SGMD Profile) is taking advantage of this shift by making a heavy investment in hemp production.…

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ThursdayOct 11, 2018 9:00 am

CBD Exploding into Mainstream Wellness Products

PsychedelicNewsWire Editorial Coverage: Bolstered by millennia of anecdotal evidence and ever-mounting scientific validation, cannabidiol (CBD) is rapidly being integrated into myriad mainstream consumer wellness products around the globe. Global cannabis market expected to quadruple to over $63 billion by 2024 CBD oil market to grow at CAGR of 39.19 percent through 2021 CBD products exploding into a wide variety of product lines Diversified, sales-driven companies expected to outpace standard growth curve Humans have used hemp, a variety of Cannabis sativa and a primary source of CBD, for more than 10,000 years in food, textiles and medicine. The world is again…

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ThursdayOct 11, 2018 9:00 am

Fresh Acquisitions Help Companies Profit from Growth in the Cannabis Sector

PsychedelicNewsWire Editorial Coverage: A wave of acquisitions is sweeping the cannabis sector, as increasing legalization draws the attention of big business. Large and mid-tier cannabis companies are absorbing their smaller competitors. Tobacco and alcohol companies are moving in as a natural extension of their current ranges. This is supported by growth not just among cannabis growers but also for businesses supporting them. Cultivation supplies company Sugarmade, Inc. (OTC: SGMD) (SGMD Profile) has recently announced the acquisition of hydroponic product companies that could more than double its revenue. Tilray, Inc. (NASDAQ: TLRY) is fueling expansion through an initial public offering as it…

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TuesdayOct 09, 2018 9:00 am

Public Acceptance Fuels Growth of CBD and Support Industries

PsychedelicNewsWire Editorial Coverage: Growing public acceptance of medical marijuana is having secondary effects on other industries. Products using cannabidiol (CBD) are increasingly popular in areas such as wellness and cosmetics. Hemp production is growing, with experimental projects improving cannabis cultivation techniques. Services needed to support these markets, such as payment systems, are growing. Marijuana Company of America, Inc. (OTC: MCOA) (MCOA Profile) is benefiting from this in many ways, having invested in hemp, CBD products, rentable cultivation space and payment systems. Tilray, Inc. (NASDAQ: TLRY) is producing CBD oils and has become one of the first companies to sell these…

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WednesdaySep 26, 2018 9:00 am

CBD Supplements Primed to Explode Ahead of Biopharma as Farm Bill Legalizes Hemp

PsychedelicNewsWire Editorial Coverage: With Canada legalizing cannabis nationwide in October and the 2018 U.S. Farm Bill completely removing hemp from the DEA’s controlled substances list, the stage has been set for an explosion of products ranging from functional foods and supplements to CBD-based (cannabidiol) biopharma indications. U.S. farm bill legalizing hemp could make CBD an open-pit gold mine. List of demonstrable CBD health benefits growing daily. CBD growth may outpace entire cannabis market combined. Even before the landmark inclusion of the Hemp Farming Act of 2018 in this year’s Farm Bill, plant-based nutrition experts at leading omni-direct lifestyle company Youngevity…

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