Brand Awareness Archives - Page 4 of 4 - PsychedelicNewsWire (PNW)

TuesdaySep 25, 2018 9:00 am

Something for Everyone: Baby Boomers Signify Shift in the Cannabis Market

PsychedelicNewsWire Editorial Coverage: Since they came onto the scene after World War II, baby boomers have heavily impacted the world around them, and their influence is being felt now in the emerging cannabis market. A recent survey has shown a significant increase in cannabinoid-derived product consumption in the United States, most notably among baby boomers. With a combination of disposable income, health issues and liberal attitudes towards drugs, baby boomers represent a natural market for cannabis companies. This trend also signifies wider growth and diversification of products and customers in the industry. Marijuana Company of America, Inc. (OTC: MCOA) (MCOA…

WednesdaySep 19, 2018 9:00 am

Canadian Cannabis Legalization Set to Transform the Industrial Hemp Industry

PsychedelicNewsWire Editorial Coverage: The legalization of cannabis in Canada is about to bring big changes not just for medical cannabis companies but for hemp growers as well. The law legalizing recreational cannabis in Canada will come into force on October 17. This will create new opportunities for hemp growers to produce the plant for CBD extraction. Hemp growers will now be able to profit from all parts of the plant. Cannabis companies are experimenting with growing techniques, expanding their businesses, and seeking supply agreements in preparation for the change. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile), which grows…

WednesdaySep 12, 2018 9:00 am

Latest Farm Bill Developments Hold Out Hope for Hemp Farmers

PsychedelicNewsWire Editorial Coverage: After years of wrangling, the U.S. Congress stands on the verge of legalizing the cultivation of industrial hemp. Hemp is a variety of the cannabis sativa plant that doesn’t generate a psychoactive effect. Traditionally used to produce cloth and rope, hemp can also now be used in wellness products and food. Competing legislations by the House and Senate are being aligned with an anticipated September 30 deadline. The legalization of hemp has cross-party support and appears likely to pass. The expected change in U.S. law will be beneficial for companies such as Marijuana Company of America, Inc.…

WednesdayAug 22, 2018 9:00 am

As Senate Brings Legal Change, Hemp Offers Hope for American Farmers

PsychedelicNewsWire Editorial Coverage: The hemp industry is growing in North America and appears to be set for further expansion thanks to legislation making its way through the U.S. Senate. Hemp is a cultivar of the cannabis sativa plant that lacks the active drug ingredient that makes marijuana users high. It can be used to produce medicinal CBD oil as well as fibers for rope, paper and canvas. Even in difficult growing conditions, hemp can provide higher profits than many other crops. It has a lower environmental impact thanks to low water consumption and little need for chemical fertilizers or pesticides.…

WednesdayAug 08, 2018 9:00 am

Specific Therapeutic Benefits of Cannabidiol (CBD) Validated by FDA

PsychedelicNewsWire Editorial Coverage: In a landmark announcement, the U.S. Food and Drug Administration (FDA) recently approved a drug derived from pure cannabidiol (CBD), Epidiolex, to treat seizures associated with certain forms of severe epilepsy, setting the stage for huge changes in the world of cannabidiol (CBD). FDA approval of a cannabis-based drug represents seismic political, legal and economic shifts Approval likely will lead to more clinical research and further validation of CBD therapeutic efficacy CBD market projected to explode to more than $2 billion in two years with 39 percent CAGR What’s most transformative about this drug approval is that…

WednesdayJul 25, 2018 9:00 am

Proposed Legal Changes Offer a Boost for Cannabidiol Companies in the United States

PsychedelicNewsWire Editorial Coverage: Recent growth in the market for cannabidiol (CBD) products has been strong and appears poised to continue. CBD is an active ingredient derived from industrial hemp that does not contain the psychoactive or “high” effect of marijuana. CBD is used in a wide range of products, from cosmetics to pet supplements. The recent acceptance of a CBD-based medicine by U.S. authorities creates potential for legal change that could make the sale of CBD easier. Attention in the mainstream press has created a measure of gravitas for CBD. Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile) has…

WednesdayJul 18, 2018 9:00 am

Hemp CBD Products Offer a Natural Alternative to Synthetic-Derived Medicines

PsychedelicNewsWire Editorial Coverage: The opioid crisis in North America has drawn attention to the urgent need for alternative medicines, and hemp CBD products offer a viable plant-based option. An active ingredient in industrial hemp, Cannabidiol (CBD) can be extracted to be used in a number of different products such as topicals, tinctures, and capsules. The World Health Organization (WHO) has found CBD to be nonpsychoactive, nonaddictive, and to have a positive effect on patients’ health. Scientific studies have shown CBD to be effective in pain relief and, therefore, it may be a healthier alternative to addictive opioids. Marijuana Company of…

WednesdayJun 27, 2018 9:00 am

Farm Bill Legislation May Springboard Federal Hemp Acceptance

PsychedelicNewsWire Editorial Coverage: The United States House passed the 2018 Farm Bill, which will redefine subsidies to farmers, nutritional welfare recipients, conservationists and others. Tucked into this bill of more than 1,000 pages is hemp legalization legislation supported by Senate Majority Leader Mitch McConnell. Demand – and thus farming revenue – for tobacco is waning, and McConnell says hemp farming could help bolster farming communities in his home state of Kentucky and across the country. Currently listed as a controlled substance under federal law, the new bill will declassify hemp as a schedule 1 drug and label it as a…

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…

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.…

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