Cannabis Wheaton Income Corp (OTCMKTS:CBWTF) is battling through a corrective process at the moment, bringing key technical support into the picture this week in the $1.50-1.65 zone. CBWTF has already broken down below the important 20-day exponential moving average and the price shelf that has defined the stock’s lows over the past 3 weeks. Below, we have the early January lows around $1.49/share and the rising 50-day simple moving average now at about $1.29/share. Continue reading “A Fresh Look at Cannabis Wheaton Income Corp (OTCMKTS:CBWTF)”
Every year around this time, The Cannabist chronicles how THC became the new razor blade in your kid’s trick-or-treat pail.
With Halloween 2017 right around the corner, it looks like there’s a new bogeyman, at least in some parts of the country: “CBD candy.” Continue reading ““CBD candy” is this year’s Halloween bogeyman”
The first hint that Damian Farris isn’t your typical farmer is the nickname of his mud-splattered white pickup truck: “Smoked Tofu.”
Four years ago he was a hippie with no farming experience and a passion for weed. Now he’s the co-founder of Colorado Cultivars, the self-proclaimed country’s largest hemp farm, just east of Eaton. The marijuana dispensary owner turned industrial hemp grower navigates the farm’s sprawling fields like an old pro. Continue reading “Going into its fourth harvest, industrial hemp industry still facing growing pains”
Hemp Inc (OTCMKTS:HEMP) is a micro-cap stock that has started to garner attention as the stock bounces up the chart. The key catalyst of late is the company’s act of bringing online its hemp processing facility. Hemp Inc has also been trying to get mileage with investors on its purchase of what it calls a “NuAxon Tech CO2 Supercritical Extractor”, which is obviously quite an elaborate name for something that apparently is supposed to take this company into the CBD oil space. Continue reading “Hemp Inc (OTCMKTS:HEMP) Bounces on Potential CBD Pivot”
For the first time, a Mexican state government has purchased a medical marijuana product to use as therapy for its citizens. On August 17, Eruvial Ávila, governor of the State of Mexico, personally distributed the first shipment of CBD hemp oil to patients at the opening of a new health clinic in the city of Ecatepec. The State of Mexico is the country’s most populous and surrounds the capitol of Mexico City on three sides.
United Cannabis Corp (OTCMKTS:CNAB) is a cannabis play that has offered one wild ride after another over the past 9 months. One might see CNAB down from $3/share to under a dollar and think it’s weak. But seen another way, if you bought it at $0.16 last September, you’re up 350% in under a year. (Last time I checked, that ain’t bad). Continue reading “United Cannabis Corp (OTCMKTS:CNAB) Sparks Up in Jamaica”
Iowa’s medical marijuana oil program will start in weeks, but obtaining the medicine will be difficult and manufacturers said it’s unclear if the state’s effort will be viable. Continue reading “Iowa CBD program starts July 1, but no supplier in place”
Many Texans hope the state legislature will get serious about legalizing a comprehensive medical marijuana program during the 2017 session, but most have forgotten that the state is close to rolling out a scheme to distribute low-THC cannabis oil for epilepsy patients. Continue reading “Texas Hopes Crickets Like Cannabis Oil”
A few months ago, I saw an advertisement online for a Seattle-area company touting “The World’s First Cannabis Antidote.” I was skeptical.
For one thing, people have been getting high—and subsequently, too high—for thousands of years. Surely this couldn’t be the first time someone had attempted to address the issue. Continue reading “Does ‘The World’s First Cannabis Antidote’ Actually Work?”
Denver is clamping down on CBD products that originate outside of Colorado.
A bulletin issued Wednesday by Denver Environmental Health’s Public Health Inspections Division outlines a policy prohibiting out-of-state-made cannabidiol (CBD) products intended for human consumption. Continue reading “Denver officials scrutinizing out-of-state CBD products sold in local pot shops”