Acquisition News

03/30/2020 - 4:54pm
Medicine Man Technologies Remains On Track to Close Colorado Cannabis Operator Acquisitions
(Acquisition, Cannabis, Colorado, United States) Medicine Man Technologies Provides Company Update and Announces Fourth Quarter and Full Year 2019 Financial Results Company to Host Conference Call and Webcast Today at 4:30 p.m. ET Company Remains On Schedule with Acquisition Strategy to Roll-up Colorado Cannabis Operators Company Revenue Increases 31% in 2019 Year Over Year DENVER, March 30, 2020–(BUSINESS WIRE)–Medicine Man […]
https://www.newcannabisventures.com/medicine-man-technologies-remains-on-track-t…
03/30/2020 - 3:37pm
Cannabis operator closes on $25.5M Franklin Labs acquisition - Central Penn Business Journal
(Acquisition, Cannabis) Cannabis operator closes on $25.5M Franklin Labs acquisition Central Penn Business Journal
https://www.cpbj.com/cannabis-operator-closes-25-5m-franklin-labs-acquisition/
03/30/2020 - 1:45pm
Medical Mushroom Company Champignon Brands To Acquire Tassili Life Sciences
(Acquisition, CBD, Delivery Systems, Development, Management, Research, Patents, Pharmaceuticals, Intellectual Property) Medicinal mushroom company Champignon Brands Inc. (CSE: SHRM) has entered into a definitive agreement to acquire Tassili Life Sciences Corp. in an all-stock deal. Tassili will receive 16 million shares, which is roughly C$7.3 million. The acquisition will expand Champignon’s preclinical trial pipeline, as well as its aggregation of broad intellectual property related to the development of novel psychedelics therapeutics and their delivery systems, targeting multiple pathological psychological diseases. Tassili working to develop effective psilocybin-based therapeutics for the treatment of mild traumatic brain injuries (mTBI) and/or post-traumatic stress disorder (PTSD). The company is doing this in partnership with a multidisciplinary team of scientists and physicians at the University of Miami. TRIALS UNDERWAY Under a collaborative research agreement with the University of Miami’s Miller School of Medicine, Tassili will conduct preclinical studies and eventually human clinical trials...
https://www.greenmarketreport.com/medical-mushroom-company-champignon-brands-to-…
03/30/2020 - 11:09am
Hightimes Holding Corp. Signs LOI to Acquire Humboldt Heritage Inc.
(Acquisition, California, Cannabis, Cuba, Growers, Growing, Manufacturing, Processing, Products, Regulations, Subsidiaries, United States, Cultivation, Holding Company) LOS ANGELES, March 27, 2020 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Hightimes Holding Corp., the owner of High Times , has announced the signing of an LOI to acquire the California-based cannabis holding company Humboldt Heritage Inc. and its subsidiaries Humboldt Sun Growers Guild and Grateful Eight LLC.This announcement comes just before the culmination of High Times Regulation A+ campaign, which has recruited over 26,000 shareholders before listing on the public markets.This acquisition provides High Times with cannabis growing, processing and product manufacturing capabilities direct from the most coveted cannabis community in the world, Humboldt County. Coupled with High Times' recent retail acquisitions, the resulting company will become one of the state’s largest vertically-integrated operators, and provide exclusive access to 18 unique Northern California-based brands including True Humboldt and leading cannagar producer Cuba Libre.“High Times mission is to connect consumers to...
http://www.cannabisbusinesstimes.com/Article/hightimes-holding-corp-to-acquire-h…
03/30/2020 - 9:15am
CBWTF, CRLBF
Edible Companies Could Be the Next Big Pot Stock Trend 
(Acquisition, Auxly, Canada, Cannabis, CBWTF, Cresco Labs, CRLBF, Drinks, Edibles, Growers, Investments, Investors, Products, Recreational, Stocks, Cultivation) Pot stocks have been dominated by the largest growers in the industry. Well then companies can be solid investments, there are other areas of the cannabis industry worth watching closely. The edibles industry is one that has been slowly taking off right under many investor’s noses. This is especially true in the Canadian market where edibles and concentrates only became legal a few months ago. Because of this, many popular cannabis companies have been scrambling to get a product to the country. There are only a few marijuana stocks with targets set on the edibles market. [Read More] Are Marijuana Stocks On Their Way Back Up In The Market? Is The Time To Buy Marijuana Stocks Now? Most of the time, these companies operate in several areas of the marijuana market, but they also happen to produce edibles as well. This means that the edibles market remains quite a niche inside the larger cannabis ecosystem. One of the key areas of the edibles market is the cannabis-infused drinks area...
https://marijuanastocks.com/edible-companies-could-be-the-next-big-pot-stock-tre…
03/30/2020 - 9:08am
FFNTF
4Front Ventures Announces Management Changes, Updated Capital Plan and Strong Business Performance
(4Front Ventures Corp., Acquisition, Arizona, Branding, California, Cannabis, Events, Facilities, FFNTF, Financing, Genetics, Illinois, Investing, Investment, Law, Legalization, Management, Manufacturing, Marketing, Massachusetts, Media, Monitoring, Production, Products, Regulations, Retail Stores, Software, United States, Washington, Wisconsin, Cultivation) 4Front Ventures Corp. (CSE: FFNT , OTCQX:FFNTF) (“4Front” or the “Company”) announced today that as part of its focus on continually increasing operational excellence, reducing capital and operating expenses, and achieving positive cash flow in the second half of 2020, a number of changes have been put in place. The Company also announced strong business trends, corporate overhead reductions and divestiture of non-core assets. In order to further the focus on operational excellence, the Company’s Board of Directors appointed Leo Gontmakher, previously Chief Operating Officer, to the position of Chief Executive Officer. Former CEO Josh Rosen, will transition to Executive Chairman of the Board of Directors. Nicolle Dorsey, former Executive Vice President of Finance will become the Company’s Chief Financial Officer, replacing former CFO Brad Kotansky. Mr. Gontmakher co-founded Northwest Cannabis Solutions, which under his leadership grew to be one of the largest and most successful...
https://investingnews.com/daily/cannabis-investing/4front-ventures-announces-man…
03/30/2020 - 8:46am
FFNTF
4Front Ventures Corp. (FFNT.CN) (FFNTF) Announces Management Changes
(4Front Ventures Corp., Acquisition, Arizona, Branding, California, Cannabis, Events, Facilities, FFNTF, Financing, Genetics, Illinois, Investing, Investment, Investments, Law, Legalization, Management, Manufacturing, Marketing, Maryland, Massachusetts, Media, Michigan, Monitoring, Pennsylvania, Production, Products, Regulations, Retail Stores, Software, Stocks, United States, Washington, Wisconsin, Cultivation) 4Front Ventures Announces Management Changes, Updated Capital Plan and Strong Business Performance 4Front Ventures Corp. (FFNT.CN) (FFNTF) (“4Front” or the “Company“) announced today that as part of its focus on continually increasing operational excellence, reducing capital and operating expenses, and achieving positive cash flow in the second half of 2020, a number of changes have been put in place. The Company also announced strong business trends, corporate overhead reductions and divestiture of non-core assets. In order to further the focus on operational excellence, the Company’s Board of Directors appointed Leo Gontmakher , previously Chief Operating Officer, to the position of Chief Executive Officer. Former CEO Josh Rosen , will transition to Executive Chairman of the Board of Directors. Nicolle Dorsey , former Executive Vice President of Finance will become the Company’s Chief Financial Officer, replacing former CFO Brad Kotansky . Mr. Gontmakher co-founded Northwest...
https://marijuanastocks.com/ffnt-cn-ffntf-announces-management-changes/
03/30/2020 - 7:56am
World Class Extractions Reports Operating and Financial Results for the Nine-Month Period Ended January 31, 2020
(Acquisition, Cannabis, Cannabis and Hemp, Consulting, Development, Events, Extraction, Facilities, Financing, Hemp, Investing, Law, Loans, Management, Marketing, Oils, Processing, Product Development, Products, Research, United States, Intellectual Property) World Class Extractions Inc. (“World-Class” or the “Company”) (CSE: PUMP , OTCQB:WCEXF, FRA:WCF) is pleased to report the operating and financial results for its third quarter ended January 31, 2020. Financial (unaudited) The Company had cash at January 31, 2020 of $7,469,714 (April 30, 2019 – $16,002,152) to settle current liabilities of $1,352,657 (April 30, 2019 – $325,281). Working capital as at January 31, 2020 is $13,363,057. The Company does not have any loans, convertible debt or long-term debt. Revenue of $75,562 for the quarter ended January 31, 2020 compared to nil revenue for the quarter ended January 31, 2019. Gross margin for the quarter ended January 31, 2020 was 40%. The net loss and comprehensive loss for the three months ended January 31, 2020 was $33,144,217 (as compared to January 31, 2019 of $3,585,161). The increased loss for the quarter is mainly attributed to the following: due to uncertainty in the realization of future economic benefits from the intellectual...
https://investingnews.com/daily/cannabis-investing/world-class-extractions-repor…
03/30/2020 - 7:47am
Mota Ventures Successful Immune Line Launch Signs Up Over 5,500 New Customers in 12 Days
(Acquisition, Advertising, Cannabis, CBD, Colombia, Consulting, Development, Distribution, Events, Growing, Investing, Law, Management, Media, Oils, Production, Products, Regulations, Vertically Integrated) Mota Ventures Corp. (CSE: MOTA , FSE:1WZ:GR, OTC:PEMTF) (the “Company” or “Mota”) is pleased to announce that since the launch of its Immune Support product line on March 14, 2020, the Company has acquired over 5,500 new customers seeking natural solutions to help support their family’s immune systems. The popularity of the primary product has yielded an average initial order value for immune support customers of $189.00 USD. Earlier this week the Company introduced an Immune CBD oil and Elderberry Gummies. The new Immune CBD product contains CBD, B3, B12, vitamin C and zinc and is made from 100% pure essential oils containing cinnamon leaf, lemon, clove bud, lime, eucalyptus, globulus, rosemary, peppermint, spearmint and oregano. The Company has acquired over 50,000 new customer inquiries for Immune Support/CBD products since March 14, 2020. The Immune Support line is gaining interest from customers that historically were hesitant to purchase CBD, but are now interested in the Immune...
https://investingnews.com/daily/cannabis-investing/mota-ventures-successful-immu…
03/29/2020 - 9:17pm
Curaleaf On Upward Trend ?
(Acquisition, Arizona, California, Canada, Cannabis, Connecticut, Consultants, Deals, Development, Events, Facilities, Financing, Florida, Investments, Investors, Jordan, Law, Legalization, Management, Manufacturing, Marketing, Maryland, Massachusetts, Media, Medical Marijuana, Nevada, New York, Ohio, Oregon, Organic, Pennsylvania, Processing, Processing Facilities, Production, Products, Regulations, Research, United States, Utah, Vertically Integrated, Dispensaries, Cultivation, Intellectual Property) According to their latest figures and they say they are hiring too. “In fiscal 2019, the Curaleaf team delivered record results with our organic business growth and recent strategic acquisitions, solidifying our position as the leading cannabis operator in the United States,” CEO Joseph Lusardi said in a statement. Here’s what they are saying American cannabis operator Curaleaf Holdings, Inc. (CSE: CURA) reported record fourth-quarter revenue while also starting a hiring spree due to increased demand amid the COVID-19 crisis. The Massachusetts-based pot giant released its financial results Tuesday for the fourth quarter and full year ended Dec. 31, reporting record total revenue of US$75.5 million, and US$221 million, respectively. Fourth quarter revenue grew 22 per cent from the previous three-month period, which helped the company post a record adjusted EBITDA of US$13.8 million, which rose 32 per cent sequentially, Curaleaf said. In the 2019 fiscal year, the company said it...
https://cannabislaw.report/curaleaf-on-upward-trend/
03/29/2020 - 8:55pm
High Times Decides It Is The Right Time To Buy Stuff
(Acquisition, California, Cannabis, Cuba, Growers, Growing, Investment, Investors, Manufacturing, Processing, Products, Regulations, Subsidiaries, United States, Cultivation, Holding Company) You can’t fault their positive outlook although we might fault the timing of this acquisiton announcement / proposal. Remember, this isn’t even a MOU just an LOI (letter of intent). Is anybody actually paying attention in the investment community would be our first question to the High Times Board. Here’s their press release LOS ANGELES, March 27, 2020 (GLOBE NEWSWIRE) — Hightimes Holding Corp., the owner of High Times®, the most well-known brand in cannabis, has announced today the signing of a LOI to acquire the California-based cannabis holding company Humboldt Heritage Inc. and its subsidiaries Humboldt Sun Growers Guild and Grateful Eight LLC. This announcement comes just before the culmination of High Times Regulation A+ campaign, which has recruited over 26,000 shareholders before listing on the public markets. This acquisition provides High Times with cannabis growing, processing and product manufacturing capabilities direct from the most coveted cannabis community in the...
https://cannabislaw.report/high-times-decides-it-is-the-right-time-to-buy-stuff/
03/27/2020 - 2:31pm
HRVSF
Cannabis firm Harvest Health seals $25 million Franklin Labs purchase
(Acquisition, Cannabis, Harvest Health & Recreation, HRVSF, Medical Marijuana, Pennsylvania, United States) Multistate marijuana operator Harvest Health & Recreation announced on Friday it closed on its previously announced $25.5 million purchase of Pennsylvania medical cannabis company Franklin Labs. The closing comes a day after Harvest revealed that it would no longer buy Chicago-based Verano Holdings, which was for a time was one of the biggest merger and acquisitions announced […] Cannabis firm Harvest Health seals $25 million Franklin Labs purchase is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
https://mjbizdaily.com/cannabis-firm-harvest-health-seals-25m-franklin-labs-purc…
03/27/2020 - 2:21pm
High Times Holding Corp. Announces Acquisition of Humboldt Heritage Inc
(Acquisition) The acquisition signals continued growth for High Times.
https://hightimes.com/business/high-times-holding-corp-announces-acquisition-hum…
03/27/2020 - 2:05pm
HRVSF, KSHB, TGODF
Cannabis Weekly Round-Up: Cannabis Essential, but Stocks Still Hurting
(Acquisition, Alcohol, Canada, Cannabis, Consulting, Green Organic Dutchman, Green Organic Dutchman, Growing, Harvest Health & Recreation, HRVSF, Investing, Investment, Investments, Investors, KSHB, KushCo, Medical Marijuana, Organic, Packaging, Production, Recreational, Regulations, Stocks, TGODF, Dispensaries) COVID-19 continued to impact the marijuana industry this week, with more companies reacting to the ongoing global spread of the virus. Many cannabis-focused firms have announced layoffs and other operational changes as a result of the coronavirus; on a larger scale, an increasing number of areas in the US and Canada are designating cannabis as essential, allowing stores to keep operating amid widespread shutdowns. Read on for a closer look at some of the biggest cannabis news over the last five days. Find out what experts say about profiting from the cannabis market in 2020! Read our FREE 2020 cannabis outlook report! Give me my free report! Essential status for cannabis spreads More states in the US designated cannabis businesses as essential this week, allowing stores to remain open in places that have put lockdown measures in place to fight the spread of COVID-19. A map from Marijuana Business Daily indicates that as of Thursday (March 26) morning, seven states under stay-at-home...
https://investingnews.com/daily/cannabis-investing/cannabis-weekly-essential-but…
03/27/2020 - 12:59pm
BVNNF
Cannabis Big News: Mota Ventures Launches Immune Support CBD Line, BevCanna Signs LOI with California Beverage Brand Calexo
(Acquisition, BevCanna Enterprises Inc., Beverage, BVNNF, California, Cannabis, CBD, Investing, United States) In case you missed it, here is this week’s cannabis big news roundup: Mota Ventures Launching Immune Support CBD Line; Pure Herbal Immunity Blend Acquiring 1,838 New Customers Within a Week IGNITE Launches CBD in Circle K’s Coastal Carolina Division Mota Ventures Moves Forward with Its Acquisition of Spanish CBD Company Sativida BevCanna Signs LOI with Californian Cannabis Beverage Brand Calexo Find out what experts say about profiting from the cannabis market in 2020! Read our FREE 2020 cannabis outlook report! Give me my free report! To see our previous cannabis big news roundups, click here . The post Cannabis Big News: Mota Ventures Launches Immune Support CBD Line, BevCanna Signs LOI with California Beverage Brand Calexo appeared first on Investing News Network .
https://investingnews.com/company-news/cannabis-big-news-mar-27/
03/27/2020 - 9:55am
HRVSF
Harvest Health Buys Franklin Labs, Lays Off Have A Heart Employees
(Acquisition, Growing, Harvest Health & Recreation, HRVSF, Investment, Manufacturing, Pennsylvania, Processing, United States, Dispensaries, Cultivation) One day after announcing it had terminated its deal to acquire Verano Holdings, Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF) has now said it is going to buy Franklin Labs, LLC , a subsidiary of CannaPharmacy, for approximately $25.5 million payable with $15.5 million in cash and a $10 million promissory note. Harvest Health stock fell over 16% to 94 cents yesterday on the news that the deal with Verano had been terminated. This was despite the broader markets trading much higher as shareholders were clearly not happy about the ending of the deal. Eight Capital looks to have cut its target price on the stock from C$14 to C$3. The Canadian stock was lately trading at C$1.32. The Franklin Labs acquisition includes a 46,800 sq. ft. cultivation and manufacturing/processing facility in Reading, Pennsylvania. Pending necessary approvals, Harvest said it expects to expand the existing cultivation operation this year and potentially complete further expansion in the future to...
https://www.greenmarketreport.com/harvest-health-buys-franklin-labs-lays-off-hav…
03/27/2020 - 9:00am
HRVSF
Harvest Acquires Franklin Labs, LLC Adding Supply and Enhancing Margins in Pennsylvania
(Acquisition, Cannabis, Harvest Health & Recreation, HRVSF, Manufacturing, Pennsylvania, Processing, United States, Vertically Integrated, Cultivation) This Post Was Syndicated Under License Via QuoteMedia PHOENIX, March 27, 2020 /PRNewswire/ — Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest“), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., today announced the closing of the acquisition of Franklin Labs, LLC, a subsidiary of CannaPharmacy, for approximately $25.5 million payable with $15.5 million in cash and a $10 million promissory note. The acquisition includes a 46,800 sq. ft. cultivation and manufacturing/processing facility in Reading, Pennsylvania. Pending necessary approvals, Harvest expects to expand ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer .
https://potstocknews.com/harvest-acquires-franklin-labs-llc-adding-supply-and-en…
03/27/2020 - 1:00am
CGC, FAF, NXTTF
3 Canadian Cannabis Companies Built To Withstand The Covid-19 Demand Shock
(Acquisition, Canada, Cannabis, Canopy Growth Corporation, CGC, Consultations, Development, FAF, Fire & Flower, Fire & Flower Holdings Corp., Investors, Management, Media, Medical Marijuana, NXTTF, Partnerships, Products, Recreational, Retail Stores, Stocks, Dispensaries, Recreational Cannabis) 3 Canadian Cannabis Companies Built To Withstand The Covid-19 Demand Shock Although the coronavirus has significantly impacted the retail landscape in Canada, demand for cannabis remains strong as dispensaries work to implement procedures to keep employees and customers safe. Earlier reports have suggested that Canadian cannabis retailers are reporting an unprecedented surge in demand for cannabis as consumers stock up on product just in case the country is shutdown. This comes as retailers have modified their business models to allow for online ordering and delivery services. Earlier this month, Canopy Growth Corporation (WEED.TO) (CGC) announced plans to shut down its retail store in an effort to combat the spread of the coronavirus and we are favorable on the measures that the Canadian cannabis producer put in-place. With provinces across the country reporting similar spikes in demand for cannabis, we believe that our readers need to be aware of the companies that are positioned to...
https://www.marijuanastocksreport.com/3-canadian-cannabis-companies-built-to-wit…
03/27/2020 - 12:39am
HRVSF
Harvest Health & Recreation Acquisition Of Verano Now Off The Table
(Acquisition, Cannabis, Harvest Health & Recreation, HRVSF) Harvest Health & Recreation’s planned acquisition of privately held Verano Holdings was called off Thursday , with the companies citing “prolonged obstacles” that include the coronavirus crisis. Reports MJ Biz Harvest Health, Verano end mammoth marijuana merger
https://cannabislaw.report/harvest-health-recreation-acquisition-of-verano-now-o…
03/26/2020 - 6:01pm
$850 million acquisition of Verano Holdings called off - Chicago Tribune
(Acquisition) $850 million acquisition of Verano Holdings called off Chicago Tribune
https://www.chicagotribune.com/marijuana/illinois/ct-biz-chicago-marijuana-deal-…
03/26/2020 - 5:54pm
HRVSF
Coronavirus impact felt in cannabis industry M&A as Harvest Health-Verano deal scuttled
(Acquisition, Cannabis, Harvest Health & Recreation, HRVSF) The once-booming market for cannabis mergers and acquisitions is now feeling fallout from the COVID-19 pandemic, on top of all the other problems that have brought M&A activity to a virtual halt in the industry. Harvest Health & Recreation’s planned acquisition of privately held Verano Holdings was called off Thursday, with the companies citing “prolonged obstacles” […] Coronavirus impact felt in cannabis industry M&A as Harvest Health-Verano deal scuttled is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
https://mjbizdaily.com/coronavirus-impact-felt-in-cannabis-industry-ma-as-harves…
03/26/2020 - 4:21pm
Harvest calls off $850M acquisition of Chicago weed company Verano - Crain's Chicago Business
(Acquisition) Harvest calls off $850M acquisition of Chicago weed company Verano Crain's Chicago Business
https://www.chicagobusiness.com/marijuanacannabis/another-big-marijuana-industry…
03/26/2020 - 12:00pm
HRVSF
Harvest Health, Verano end mammoth marijuana merger
(Acquisition, Cannabis, Harvest Health & Recreation, HRVSF) What was one of the largest acquisitions ever announced in the marijuana industry – a deal valued at $850 million when Phoenix-based multistate marijuana operator Harvest Health & Recreation said a year ago it would buy Chicago’s Verano Holdings – has been mutually terminated, the two companies said Thursday. The coronavirus and other financial and regulatory […] Harvest Health, Verano end mammoth marijuana merger is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
https://mjbizdaily.com/harvest-health-and-verano-end-mammoth-marijuana-merger/
03/26/2020 - 9:39am
HRVSF
Harvest, Verano Call It Quits
(Acquisition, Arizona, California, Cannabis, Development, Florida, Harvest Health & Recreation, HRVSF, Iowa, Maryland, Pennsylvania, United States, Vertically Integrated, Washington, Dispensaries, Cultivation) Harvest Health & Recreation Inc. (CSE: HARV, OTCQX:HRVSF) and Verano Holdings, LLC have announced the mutual termination of the Business Combination Agreement dated April 22, 2019. At the time this was announced, Harvest Health had agreed to buy Verano in an all-stock deal valued at approximately $850 million based on a share price of C$8.79. The stock was lately trading at C$1.62 or $1.13. “Given the persistent challenges in consummating this deal and current market conditions both companies felt it was prudent to move forward separately at this time,” said Steve White, Harvest CEO. “We have tremendous respect for the entire team and operations at Verano Holdings . We wish them well and look forward to possibly working together in the future.” The companies stated that prolonged obstacles in meeting requirements for state and local regulatory authorities needed to transfer ownership and operational licenses, adverse capital market conditions, a challenging environment for asset...
https://www.greenmarketreport.com/harvest-verano-call-it-quits/
03/26/2020 - 9:05am
WDDMF
WeedMD Cleans House With New CFO, CEO After Starseed Acquisition
(Acquisition, Cannabis, Distribution, Investment, Management, Marketing, Medical Marijuana, Production, WDDMF, WeedMD, Cultivation) Medical marijuana company WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) has named Lincoln Greenidge as the company’s new Chief Financial Officer. He succeeds Nichola Thompson, who will be resigning from her role as CFO effective April 30, 2020. “We are pleased to welcome Lincoln to our leadership team. His experience will be essential to leading our financial organization, supporting the integration of WeedMD’s recent acquisition of Starseed and the continued commercialization of our cultivation platform,” said Angelo Tsebelis, CEO of WeedMD. “I also want to thank Nichola Thompson for her service as our CFO. During the past two years, she has made a number of lasting contributions to our organization’s success. We wish her the best in her future endeavors and thank her for assisting us through this transition.” Most recently the CFO for LSC Lithium Corporation, Mr. Greenidge successfully managed LSC’s strategic review which culminated in the sale of LSC for $110 million. He previously served...
https://www.greenmarketreport.com/weedmd-cleans-house-with-new-cfo-ceo-after-sta…
03/26/2020 - 8:54am
HRVSF
Harvest and Verano Announce Mutual Termination of Business Combination Agreement -- PR
(Acquisition, Arizona, Development, Florida, Harvest Health & Recreation, HRVSF, Maryland, Pennsylvania, United States) Harvest and Verano Announce Mutual Termination of Business Combination Agreement PHOENIX, March 26, 2020 /PRNewswire/ -- Today Harvest Health & Recreation Inc. (CSE: HARV,OTCQX:HRVSF) ("Harvest") and Verano Holdings, LLC ("Verano") announced the mutual termination of the Business Combination Agreement dated April 22, 2019 (the "BCA"). Prolonged obstacles in meeting requirements for state and local regulatory authorities needed to transfer ownership and operational licenses, adverse capital market conditions, a challenging environment for asset sales, all contributed significantly to the decision not to move forward with the pending acquisition. No breakup fees or other considerations are owed by either party as a result of the termination of the BCA. "Given the persistent challenges in consummating this deal and current market conditions both companies felt it was prudent to move forward separately at this time," said Steve White, Harvest CEO. "We have tremendous respect for the...
https://www.reddit.com/r/weedstocks/comments/fpb0b9/harvest_and_verano_announce_…
03/26/2020 - 8:14am
Mota Ventures Moves Forward with Its Acquisition of Spanish CBD Company Sativida
(Acquisition, Austria, Cannabis, CBD, Colombia, Cosmetics, Data Analysis, Distribution, Estonia, Events, France, Germany, Growing, Investing, Law, Management, Marketing, Mexico, Oils, Organic, Packaging, Portugal, Production, Products, Regulations, Spain, United Kingdom, United States, Vertically Integrated, Funding, Intellectual Property) Mota Ventures Corp. (CSE: MOTA , FSE:1WZ:GR, OTCPINK:PEMTF) (the “Company” or “Mota”) is pleased to announce that further to its January 10, 2020 news release, it has now acquired the intellectual property and trade names of Sativida from Sativida OU (Estonia). The Company will license both back to Sativida OU’s subsidiary, VIDA BCN LABS S.L. (collectively with Sativida OU, “Sativida”) in exchange for a royalty associated with the gross revenues generated by Sativida. Sativida is an arms’-length producer and online retailer of cannabidiol (“CBD”) and branded CBD products in various jurisdictions in Europe, including Spain, Portugal, Austria, Germany, France and the United Kingdom. Sativida currently develops and retails a vast range of organic CBD oils and cosmetics across Europe and is in the process of expanding its distribution network internationally to include the United States. Sativida has become the number one search-ranked online retailer of CBD products in Spain and Mexico,...
https://investingnews.com/daily/cannabis-investing/mota-ventures-moves-forward-w…
03/26/2020 - 7:51am
TBPMF
 Tetra Bio-Pharma Inc. (TBPMF) Survey Validates Primary Endpoint of SERENITY© Clinical Trial
(Acquisition, Bar, Canada, Cannabis, Development, Events, Financing, Food, Growing, Insurance Companies, Investments, Products, Regulations, Research, Stocks, Subsidiaries, TBPMF, Tetra Bio-Pharma, United States, Pharmaceuticals, Intellectual Property) Tetra Biopharma Survey Validates Primary Endpoint of SERENITY© Clinical Trial Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TBP.V) (TBPMF), a leader in cannabinoid-derived drug discovery and development, today announced the results of a survey conducted among US and Canadian patients and physicians which validated the primary endpoint of the SERENITY© pivotal trial. The results confirm that the primary endpoint in the SERENITY© clinical trial is accurate About Cancer Cachexia Fifty to 80% of cancer patients experience cachexia during their disease1 Cachexia is defined as “multifactorial syndrome characterized by an ongoing loss of skeletal muscle mass (with or without loss of fat mass) that cannot be fully reversed by conventional nutritional support and leads to progressive functional impairment”2. The most intense symptoms reported by the cachectic patients are lack of appetite, fatigue, wellbeing, sleep, and increase in pain. Secondary symptoms impact nutrition, such as nausea...
https://marijuanastocks.com/tbpmf-survey-validates-primary-endpoint-of-serenity-…
03/26/2020 - 2:24am
AXIM, MJNA
Medical Marijuana, Inc. Investment Company AXIM® Biotechnologies Completes Acquisition of Oncology Research and Development Company Sapphire Biotech, Inc.
(Acquisition, Argentina, AXIM, AXIM Biotechnologies, Brazil, Cannabis, CBD, Delivery Systems, Development, Hemp, Investment, Medical Marijuana, Medical Marijuana Inc, Mexico, MJNA, Monitoring, Paraguay, Products, Research, United States, Industrial Hemp, Patents, Pharmaceuticals, Intellectual Property) SAN DIEGO, March 24, 2020 /PRNewswire/ — 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 its investment company AXIM ® Biotechnologies, Inc . (OTCQB: AXIM) (“AXIM® Biotech” or “AXIM”) has completed the acquisition of leading oncology research and development company Sapphire Biotech, Inc. (“Sapphire”). In January of this year, AXIM announced that the Company signed a binding term sheet to acquire Sapphire. As part of the acquisition, AXIM has acquired 100 percent of the capital stock of Sapphire and will operate Sapphire as a wholly-owned subsidiary. Sapphire will continue to be led by Catalina Valencia as Chief Executive Officer. Ms. Valencia has stewarded Sapphire in the development of its unique patent-pending pipeline. “Sapphire Biotech has already proven itself to have great potential...
https://cannabislaw.report/medical-marijuana-inc-investment-company-axim-biotech…
03/25/2020 - 3:45pm
Is Avoiding Pot Stocks The Answer?
(Acquisition, Branding, Canada, Cannabis, Investing, Investments, Investors, Marketing, Products, Stocks) We’ve all seen the toll that the coronavirus has played on the cannabis industr y. In the past month, we have seen the top cannabis stocks shed more than 50% in value. But, volatility is nothing new to pot stocks . Rather, it has been around as long as the industry has. During the trading day on March 24th, we saw a large jump in prices for the first time in a while. This is characterized by Trump’s new actions on how the country will deal with the coronavirus. But, it does seem that these gains may be short-lived. For long term investors, avoidance may just be the best strategy to investing in marijuana stocks right now. It is a difficult time to use any projections as the world is facing a tumultuous and unseen enemy. But, many are becoming increasingly excited about the future potential of the cannabis industry and others. There are two types of investors when it comes to investing in cannabis stocks. There are long term investors who believe in the future of the marijuana industry...
https://marijuanastocks.com/is-avoiding-pot-stocks-the-answer/
03/25/2020 - 9:07am
JUSHF
Jushi’s Beyond Hello Dispensaries To Remain Open During Pandemic
(Acquisition, Branding, Illinois, JUSHF, Jushi, Jushi Holdings Inc., Pennsylvania, United States, Dispensaries) Multi-state operator Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) said that its dispensaries received the “life-sustaining” business designation in Pennsylvania and the “essential services” designation in Illinois. As a result, the company’s six dispensaries in Pennsylvania, operating under the brand “BEYOND/HELLO,” and its two dispensaries in Illinois, operating under the brand “The Green Solution” (transitioning to BEYOND/HELLO branding later this year), will remain open. The Company is announcing several initiatives prioritizing its medical patients and customers most susceptible to COVID-19 during the pendency of the COVID-19 outbreak: Pennsylvania – Effective immediately, BEYOND/HELLO dispensaries will only serve patients 50 years or older in the first hour of operations. Curbside pick-up will begin to be offered at three PA dispensaries starting March 30th. Curbside pick-up available at Bristol, West Chester and Scranton PA locations. Sauget, Illinois – Beginning March 30th,...
https://www.greenmarketreport.com/jushis-beyond-hello-dispensaries-to-remain-ope…
03/25/2020 - 8:32am
Weekend Unlimited Sales and Reach Increasing Significantly During Covid-19 Economic Slowdown
(Acquisition, Cannabis, CBD, Distribution, Events, Financing, Investing, Management, Manufacturing, Oklahoma, Partnerships, Production, Products, Recreational, Regulations, United States, Dispensaries, Recreational Cannabis) Weekend Unlimited Inc. (“Weekend” or the “Company”) (CSE: POT , FSE:0OS1, OTCQB:WKULF) is pleased to provide an update on the strong growth of its operations as the day to day realities of the economic picture with Covid-19 unfold. The Company’s branded product line is experiencing excellent growth in Oklahoma, with sales numbers doubling from the month of January compared to the period to date in March – in addition the Company’s products are now in 74 dispensaries, adding to that total on a daily basis. In light of Covid-19 and the inherent uncertainties, the Company is focused on maximizing sales growth at a time where there is opportunity within the sector as consumer demand grows. With its strong cash position, Weekend is taking all necessary steps to focus resources on its US Cannabis and CBD growth to increase revenues and optimize its operations while also decreasing its monthly expenses by over 35%. Highlights 100% + increase in Oklahoma dispensaries carrying Weekend Branded...
https://investingnews.com/daily/cannabis-investing/weekend-unlimited-sales-and-r…
03/25/2020 - 8:18am
 Leafbuyer Technologies, Inc. (LBUY) and Where’s Weed enter into General Partnership Agreement
(Acquisition, Advertising, Cannabis, Deals, Investments, Media, POS, Products, Software, Stocks, Tracking) Leafbuyer Technologies, Inc. and Where’s Weed enter into General Partnership Agreement Leafbuyer Technologies, Inc. (“Leafbuyer” or “the Company”) (LBUY), a leading cannabis technology platform, announced today that it has entered into a General Partnership Agreement to cross sell services with Where’s Weed. Leafbuyer and Where’s Weed have entered into an agreement to offer a best-in-class, comprehensive solution for the cannabis industry. The combined platforms reach over 10 million cannabis consumers nationwide through website portals. Started by a team of technology experts in 2011, Where’s Weed has a customer base that extends into eight major markets. Where’s Weed has been a leader in pre-ordering and delivery technology for several years. This partnership will offer cannabis businesses complete access to both online listing platforms, order ahead and delivery technology, and the most robust texting and loyalty solution in the industry. Leafbuyer and Where’s Weed are fully...
https://marijuanastocks.com/lbuy-and-wheres-weed-enter-into-general-partnership-…
03/24/2020 - 7:29pm
ACRGF, CGC
Acreage Announces Resignation of Board Member Larissa Herda
(Acquisition, Acreage Holdings, ACRGF, Cannabis, Canopy Growth Corporation, CGC, Compliance, Distribution, Investing, New York, Regulations, United States, Vertically Integrated, Cultivation) Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U ) (OTCQX: ACRGF) (FSE: 0VZ) today announced that Larissa Herda has resigned as a member of Acreage’s Board of Directors. “We thank Larissa for her tremendous service to Acreage and wish her every success in the future,” said Acreage Chair and CEO Kevin Murphy. “Her leadership and guidance have been invaluable to us as we have grown as a company since she joined our Board in November 2018.” ABOUT ACREAGE Headquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information. Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience. Acreage debuted its national retail store brand, The Botanist in 2018 and its award-winning consumer brands, The Botanist and Live Resin Project in 2019. On June 27, 2019 Acreage implemented an arrangement under section 288...
https://investingnews.com/daily/cannabis-investing/acreage-announces-resignation…
03/24/2020 - 5:59pm
Curaleaf Posts 22% Revenue Gain in Q4, Announces Acquisition - Motley Fool
(Acquisition) Curaleaf Posts 22% Revenue Gain in Q4, Announces Acquisition Motley Fool
https://www.fool.com/investing/2020/03/24/curaleaf-acquiring-connecticut-dispens…
03/24/2020 - 4:57pm
SPLIF, EXL
The Daily Hit: March 24, 2020
(Acquisition, California, Cannabis, CBD, Colorado, Connecticut, Distribution, EXL, Food, Freedom Energy Holdings, Inc., Growers, Hemp, Law, Manufacturing, Nevada, Nutritional High International Inc., Oregon, Products, Research, SPLIF, United States, Vertically Integrated, Washington, Dispensaries, Cultivation, Security) It’s time for your Daily Hit of cannabis financial news for March 24, 2020. On The Site Curaleaf Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) said it will acquire three Arrow Alternative Care (AAC) dispensaries in the state of Connecticut. AAC operates three out of 18 total stores currently operational in the state. Its first store opened in Hartford in 2014, the second in Milford in 2017, and the Stamford store opened its doors in January 2020. Curaleaf is already one of four licensed growers in Connecticut and currently operates a 60,000 square foot cultivation facility in Simsbury that provides high-quality cannabis products to over 40,000 patients throughout the state. The acquisition will now allow Curaleaf to be vertically integrated, providing products to the patients directly as well as through existing wholesale channels. DEA Late last week, the Drug Enforcement Administration (DEA) and the Department of Justice announced action to further expand opportunities for...
https://www.greenmarketreport.com/the-daily-hit-march-24-2020/
03/24/2020 - 1:02pm
DIGP
 Digipath, Inc. (DIGP) Health Canada R&D License for Cannabis Strain Development and Sales
(Acquisition, Canada, Cannabis, Cannabis and Hemp, Consulting, Development, DigiPath Inc, DIGP, Events, Genetics, Hemp, Investments, Management, Media, Nevada, Products, Quality Control, Regulations, Research, Stocks, Testing, United States, Pharmaceuticals, Cultivation, Funding) Digipath Obtains Health Canada R&D License for Cannabis Strain Development and Sales Digipath, Inc. (DIGP) (“DIGP” or the “Company”), a leading independent analytical testing laboratory, data analytics and technology firm focused on the cannabis and hemp markets, is pleased to report that it has received a Research and Development license to cultivate cannabis via an approval provided by Health Canada to the Company’s recently acquired VSSL Enterprises Ltd. VSSL’s management team, including Kyle Remenda and Dr. Philippe Henry have joined Digipath’s management team as CEO and Chief Technology Officer, respectively. The Research and Development (R&D) license will enable the Company to cultivate cannabis at three field sites with 2,000 plants at a time per site, and one lab where the genetics can be grown via tissue culture. Digipath will use the R&D license to focus on stabilizing prized elite genetics and developing novel cannabis genetics using a combination of standard...
https://marijuanastocks.com/digp-health-canada-rd-license-for-cannabis-strain-de…
03/24/2020 - 12:58pm
AXIM, MJNA
Medical Marijuana, Inc. (MJNA) Completes Acquisition of Oncology Research and Development Company Sapphire Biotech, Inc.
(Acquisition, Argentina, AXIM, AXIM Biotechnologies, Brazil, California, Cannabis, CBD, Delivery Systems, Development, Events, Food, Hemp, Investment, Investments, Investors, Media, Medical Marijuana, Medical Marijuana Inc, Mexico, MJNA, Monitoring, Paraguay, Products, Research, Stocks, United States, Industrial Hemp, Patents, Pharmaceuticals, Intellectual Property) Medical Marijuana, Inc. Investment Company AXIM® Biotechnologies Completes Acquisition of Oncology Research and Development Company Sapphire Biotech, Inc. 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 its investment company AXIM® Biotechnologies, Inc. (OTCQB: AXIM) (“AXIM® Biotech” or “AXIM”) has completed the acquisition of leading oncology research and development company Sapphire Biotech, Inc. (“Sapphire”). In January of this year, AXIM announced that the Company signed a binding term sheet to acquire Sapphire. As part of the acquisition, AXIM has acquired 100 percent of the capital stock of Sapphire and will operate Sapphire as a wholly-owned subsidiary. Sapphire will continue to be led by Catalina Valencia as Chief Executive Officer. Ms. Valencia has stewarded Sapphire in the...
https://marijuanastocks.com/mjna-completes-acquisition-of-oncology-research-and-…
03/24/2020 - 10:51am
CBD pioneer Charlotte's Web exits startup phase with $95 million in revenue, acquisition - NutraIngredients-usa.com
(Acquisition, CBD) CBD pioneer Charlotte's Web exits startup phase with $95 million in revenue, acquisition NutraIngredients-usa.com
https://www.nutraingredients-usa.com/Article/2020/03/24/CBD-pioneer-Charlotte-s-…
03/24/2020 - 10:48am
CBD pioneer Charlotte's Web exits startup phase with $95 million in revenue, acquisition
(Acquisition, CBD, Hemp) However, the enormous hemp CBD wellness market opportunity remains intact and Charlotte's Web believes it is well positioned to dominate the ...
https://www.foodnavigator-usa.com/Article/2020/03/24/CBD-pioneer-Charlotte-s-Web…
03/24/2020 - 9:00am
MJNA
Medical Marijuana, Inc. Investment Company AXIM® Biotechnologies Completes Acquisition of Oncology Research and Development Company Sapphire Biotech, Inc. - Yahoo Finance
(Acquisition, Cannabis, Development, Investment, Medical Marijuana, Medical Marijuana Inc, MJNA, Research) Medical Marijuana, Inc. Investment Company AXIM® Biotechnologies Completes Acquisition of Oncology Research and Development Company Sapphire Biotech, Inc. Yahoo Finance
https://finance.yahoo.com/news/medical-marijuana-inc-investment-company-13000070…
03/24/2020 - 9:00am
MJNA
Medical Marijuana, Inc. Investment Company AXIM® Biotechnologies Completes Acquisition of Oncology Research and Development Company Sapphire Biotech, Inc. - P&T Community
(Acquisition, Cannabis, Development, Investment, Medical Marijuana, Medical Marijuana Inc, MJNA, Research) Medical Marijuana, Inc. Investment Company AXIM® Biotechnologies Completes Acquisition of Oncology Research and Development Company Sapphire Biotech, Inc. P&T Community
https://www.ptcommunity.com/wire/medical-marijuana-inc-investment-company-axim-b…
03/24/2020 - 8:30am
Curaleaf Acquires Connecticut’s Arrow Alternative Care Dispensaries
(Acquisition, Arizona, Cannabis, Connecticut, Florida, Growers, Maine, Maryland, Massachusetts, Medical Marijuana, Nevada, New Jersey, New York, Oregon, Products, United States, Vertical Integration, Vertical Integration, Vertically Integrated, Dispensaries, Cultivation) Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) said it will acquire three Arrow Alternative Care (AAC) dispensaries in the state of Connecticut. AAC operates three out of 18 total stores currently operational in the state. Its first store opened in Hartford in 2014, the second in Milford in 2017, and the Stamford store opened its doors in January 2020. Curaleaf is already one of four licensed growers in Connecticut and currently operates a 60,000 square foot cultivation facility in Simsbury that provides high-quality cannabis products to over 40,000 patients throughout the state. The acquisition will now allow Curaleaf to be vertically integrated, providing products to the patients directly as well as through existing wholesale channels. “Arrow Alternative Care’s stores are the gold standard of pharmacy-like operations in Connecticut. They have grown a large, dedicated patient base by providing exceptional service and quality products,” said Joe Lusardi, CEO of Curaleaf. “This...
https://www.greenmarketreport.com/curaleaf-receives-essential-service-designatio…
03/24/2020 - 7:51am
CWBHF
Charlotte’s Web Holdings, Inc. (CWBHF) (CWEB) 2019 Q4 and Year-End Results
(Acquisition, Banking, Bermuda, Cannabis, CBD, CWBHF, Development, Distribution, Education, Events, Extraction, Facilities, Financing, Food, Genetics, Growing, Hemp, Investing, Investment, Investments, Investors, Law, Loans, Management, Manufacturing, Marketing, Media, Online Store, Organic, Processing, Production, Products, Research, Social Media, Stocks, Supplements, Topicals, United States, Vertically Integrated, Extracts, Cultivation, Funding) Charlotte’s Web 2019 Q4 and Year-End Results (TSX:CWEB, OTCQX:CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”) the market share leader in full spectrum cannabidiol (CBD) hemp extract products, today reported financial results for the fourth quarter and year ended December 31, 2019 . All amounts are expressed in United States dollars unless otherwise noted. Certain metrics, including those expressed on an adjusted basis, are non-IFRS measures. On March 23, 2020 Charlotte’s Web entered into an agreement to acquire Abacus Health (“Abacus”) (CSE:ABCS, OTCQB: ABAHF) in an all-stock transaction valued at C$99M ( US$69M ). The transaction is expected to close in Q2 of this year subject to customary closing conditions and approval of the shareholders of Abacus, after which Abacus shareholders would own 15% of Charlotte’s Web effective outstanding common shares. Abacus is a leading provider of over-the-counter (“OTC”) topical products for pain relief and skincare...
https://marijuanastocks.com/cwbhf-cweb-2019-q4-and-year-end-results/
03/23/2020 - 9:02am
TBPMF
 Tetra Bio-Pharma Inc. (TBPMF) Provides Management Update on COVID-19
(Acquisition, Canada, Cannabis, CBD, Development, Events, Financing, Growing, Insurance Companies, Investments, Management, Manufacturing, Marketing, Products, Regulations, Research, Stocks, Subsidiaries, TBPMF, Tetra Bio-Pharma, United States, THC, Pharmaceuticals, Intellectual Property) Tetra Bio-Pharma Provides Management Update on COVID-19 Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TBP.V) (TBPMF), a leader in cannabinoid-derived drug discovery and development, today would like to announce that it has ensured that all of its employees work under conditions that comply with federal and provincial public health recommendations. Additionally, following the completion of its $17.8 M financing in February and early March, the Company is in a good position to maintain its drug development programs. Regulatory activities have not slowed down despite the COVID-19 crisis. These activities are now performed by Tetra’s employees from their home offices. Tetra confirms that it will continue all planned Clinical Trial Applications (CTA), DIN (Drug Identification Number applications), veterinary drug clinical trial applications (Experimental Studies Certificate; ESC) and Pre-Submission meetings in Canada and Investigational New Drug Applications (IND), veterinary IND...
https://marijuanastocks.com/tbpmf-provides-management-update-on-covid-19/
03/23/2020 - 8:56am
Mota Ventures Launching Immune Support CBD Line; Pure Herbal Immunity Blend Acquiring 1,838 New Customers Within a Week
(Acquisition, Austria, Cannabis, CBD, Colombia, Cosmetics, Distribution, Estonia, Events, France, Germany, Growing, Investing, Law, Management, Marketing, Oils, Organic, Portugal, Production, Products, Regulations, Spain, United Kingdom, Vertically Integrated, Intellectual Property) Mota Ventures Corp. (CSE: MOTA , FSE:1WZ:GR, OTC:PEMTF) (the “Company” or “Mota”) is pleased to announce that since the launch of the Pure Herbal Immunity Blend under the First Class brand on March 14th, 2020, it has had an exceptional reception, acquiring 1,838 new customers. The all-natural Immunity Blend is made from 100% pure essential oils, including cinnamon leaf, lemon, clove bud, lime, eucalyptus globulus, rosemary, peppermint, spearmint and oregano. Due to customer demand for pure and efficacious products to support the immune system, the Company will be launching an Immune CBD oil, along with an Elderberry Gummy product on Monday, March 23rd. The new Immune CBD product contains CBD, B3, B12, Vitamin C and Zinc. Based on the success of the launch, First Class will be increasing marketing efforts throughout the US. The Company plans to offer similar immune products in Europe through its Sativida brand, which currently retails product in various jurisdictions in Europe,...
https://investingnews.com/daily/cannabis-investing/mota-ventures-launching-immun…
03/22/2020 - 10:29pm
Guest Post – Joshua Schmidt: When a rule isn’t a rule?
(Acquisition, Canada, Cannabis, Drug Testing, Hemp, Law, New York, Recreational, Testing, Texas, United States, THC) Joshua Schmidt writes……For something that has been so commonly demonised in popular culture as cannabis, the impact of COVID-19 has reset the thinking on more than one level. Let’s take a look at the treatment of cannabis and cannabis-related crime now that there are bigger issues at play. NBA players won’t be subject to drug testing during the coronavirus-induced season hiatus. [1] Let that sink in for a moment. One of the Big 4 sporting leagues won’t drug test during a league hiatus. Still a banned substance, at least until the World Health Organization (WHO) makes a ruling on cannabis in the near future, and with potential that the league could resume play, exactly what is the thought process around the use of cannabis for athletes? If by some miracle, the NBA season resumes and some form of post-season play occurs; what happens to testing as play starts again? And what are the parameters in which they would be tested? If the season starts again, it is not just regular season...
https://cannabislaw.report/guest-post-joshua-schmidt-when-a-rule-isnt-a-rule/
03/20/2020 - 8:08am
Revive Therapeutics Explores the use of Bucillamine as a Novel Treatment for Infectious Diseases Including COVID-19
(Acquisition, Cannabis, CBD, Development, Events, Exploring, Food, Investing, Japan, Products, Regulations, Research, South Korea, Patents, Pharmaceuticals, Intellectual Property) Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE:RVV), a life sciences company, is pleased to announce that it is exploring the use of the drug Bucillamine as a potential novel treatment for infectious diseases including influenza and the coronavirus disease (COVID-19). The Company has applied for a provisional patent with the U.S. Patent and Trademark Office entitled “Use of Bucillamine in the Treatment of Infectious Diseases” (Serial No. 62/991,996). “Revive was founded on the premise of finding new uses for known drugs, and we are expanding on our rich product portfolio to target infectious diseases such as the coronavirus disease or COVID-19,” said Michael Frank, Revive’s Chief Executive Officer. “Revive has a history in the clinical development with Bucillamine in the treatment of acute gout flares and cystinuria, and we will advance our efforts in reviving and exploring new uses of Bucillamine for unmet medical needs.” Revive has explored the use of Bucillamine in the...
https://investingnews.com/daily/cannabis-investing/revive-therapeutics-explores-…
03/20/2020 - 6:51am
Power REIT Announces the Acquisition of Greenhouse Property for Cannabis Cultivation and Processing - The DMO
(Acquisition, Cannabis, Processing, Cultivation) Power REIT Announces the Acquisition of Greenhouse Property for Cannabis Cultivation and Processing The DMO
https://mjobserver.com/business/real-estate/power-reit-announces-the-acquisition…
03/20/2020 - 6:49am
Power REIT Announces the Acquisition of Greenhouse Property for Cannabis Cultivation and Processing
(Acquisition, Cannabis, Investment, Processing, Cultivation) Power REIT’s total investment will be approximately $1 million... Read the full article " Power REIT Announces the Acquisition of Greenhouse Property for Cannabis Cultivation and Processing " on The Daily Marijuana Observer .
https://mjobserver.com/business/real-estate/power-reit-announces-the-acquisition…