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Happiness Development Group Limited entered into letter of intent to invest $6 million in Kannaba Agritech Corp


Happiness Development Gets Ready to enter the $37.4 BILLION USD Global Cannabis Industry

Happiness Development Group Limited ("HAPP" or the "Company"), (NASDAQ: HAPP) an emerging and diversified company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce sales and e-commerce marketing solutions, and the sales of automobiles today announced that the Company has entered a non-binding letter of intent with Kannaba Agritech Corp. ("Kannaba"), a Cannabis company headquartered in Vancouver, Canada to purchase 10% equity interests of Kannaba for a consideration of $6 million.


Medical Marijuana, Inc. Subsidiary Kannaway Launches in Hong Kong

Hong Kong street signs

Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world's first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Company’s subsidiary Kannaway has launched its operations in Hong Kong.


Using Hemp To Build Bridges Between Canada And China: The Mary AG Story

Despite frosty international relations, one company is using hemp to build bridges between Canada and China.

Mary AG signed a memorandum of understanding this week to create an in-depth partnership with CBDer Biotechnology.

The partnership marks Mary AG's first application of farm-level technology, taking its knowledge in automated systems and applying that expertise to a holistic, controlled growing condition that incorporates automated plant health assessment.

Mary AG's joint ventures Yunnan Moquan and CBDer are currently the only companies licensed for indoor industrial hemp cultivation in China's one and only legalized province for cannabinoid extraction.


Cannabis may have originated in northwest China, study suggests

cannabis plant

Cannabis' earliest roots may have stemmed from northwestern China -- not South Asia as commonly believed, according to a study published on Friday.


China bans cannabis cosmetics yet remains a huge hemp producer


  • Since 1985, China has classified marijuana as a dangerous narcotic and possession of hemp seeds is illegal despite the country being the world’s biggest grower
  • CBD skincare and beauty products are trending globally, and Chinese millennials are keen for organic ingredients currently banned at home – will things change?
China says no to cannabis products –including CBD – in cosmetics, despite the growing global trend. 

China Announces Plans to Ban Cannabis for Use in Cosmetics

The future of cannabis in cosmetics in China looks bleak following an announcement by China’s National Institutes for Food and Drug Control (NIFDC) that it plans to ban cannabis compounds for use in cosmetics.

According to the Notice on Amending Inventory of Prohibited Cosmetic Ingredients for Public Comments posted on NIFDC’s official website, the authority is proposing to prohibit the cosmetic applications of cannabis-related ingredients, including cannabis sativa kernel fruit, cannabis sativa seed oil, and cannabis sativa leaf, as well as CBD.
The public has until April 19 to submit their feedback.


Death Penalty for Cannabis: Which Countries Will Kill You

name plate that reads Death Penalty, and legal gavel on a desk

It’s almost hard to believe that as the UN voted on recommendations to globally open the legality of cannabis, that some countries are still so against it that they’ll kill you for crimes related to it. Yup, it might be 2020, but you can still receive the death penalty for cannabis crimes in many different places.


As Medical Cannabis Industry Booms, China Remains Quietly on Top

When a new industry really comes into play, it creates a paradigm shift in its wake, a changed world due to new laws, regulations, business possibilities, new lines of revenue, and new collectors of this revenue. When it comes to the burgeoning global medical cannabis industry, while Africa pushes towards a new paradigm shift, China still remains firmly on top…for now.


Made In America – Domestic Cannabis and Hemp Companies Are Booming Amid Coronavirus Outbreak

Amid growing concerns over the coronavirus outbreak impacting global trade, domestic cannabis and hemp manufacturing companies are booming.

Since the beginning of the year, coronavirus has quickly taken over the media and spread around the world. We know that many people think the stories are over-hyped. We also know that, for healthy people under 50 years of age, coronavirus is no more a threat than the common cold.


Coronavirus and cannabis: Vape supply is a concern due to China shutdown

Amid a widespread market selloff due to investor concerns about the COVID-19 outbreak, cannabis companies also have to contend with disruptions involving vaporizer hardware, the vast majority of which is produced in China.

In a normal year, weed companies buying vape hardware from China expect a winter disruption of roughly a month surrounding Lunar New Year, but coronavirus is expected to extend that pause another three to six weeks, according to KushCo Holdings Inc. KSHB, -2.00% Chief Executive Nick Kovacevich. Many companies stocked up ahead of the new year’s celebrations, Kovacevich said.


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