Cultivation News

04/04/2020 - 2:04am
Acreage Announces Operational Updates, Executive Resignation, Suspension of Guidance and Termination of Proposed Deep Roots Acquisition
(Acquisition, Cannabis, CBD, Maine, Manufacturing, Medical Marijuana, Products, Stocks, Testing, United States, Vertically Integrated, THC, Pharmaceuticals, Cultivation) Acreage Announces Operational Updates, Executive Resignation, Suspension of Guidance and Termination of Proposed Deep Roots Acquisition As a medical cannabis patient and caregiver, Aaron “Roy” Scalia understands the power cannabis has to benefit those who are suffering. After sustaining a brain injury in a motorcycle accident in 2002, Scalia turned to medical cannabis during his recovery, and in 2015, he founded AAA Pharmaceutical Alternatives as a licensed medical caregiver to serve patients in central Maine. “Through the use of CBD and THC, I’ve been able to really cope with everything that I’ve been faced with and because of that, I’m able to help others,” Scalia tells Cannabis Business Times. “People can relate because they may have had an accident or they’ve been through trauma in their lives, [and] we can share our stories. … I can talk about things that helped me and a lot of times, it helps them.” When Maine voters legalized adult-use cannabis in 2016, Scalia saw it as an...…
04/03/2020 - 7:39pm
Forbidden Fruit Strain
(Cannabis, CBD, Growers, Growing, Strains, THC, Cultivation) Forbidden Fruit is a delectable combination of Tangie and Cherry Pie . This fierce mix produces gorgeous dense buds with dark green foliage, lovely purple hues, and thin yet noticeable orange hairs. Sativa/Indica % Indoor Yield Outdoor Yield Flowering Period 30% / 70%15 ounces per meterAround 15 ounces per plantAbout 10 weeks This potent strain packs a big punch due to its high THC content. Forbidden Fruit has amazing flavor, tantalizing aroma, and a gorgeous appearance. To top it all off, the mind and body effects never fail to disappoint. Categorized as an indica with a few sativa qualities, Forbidden Fruit has the Chery Pie hybrid and Tangie sativa as its two parent strains. With a ratio of 70% indica and 30% sativa, this weed gives you the best mix of both worlds. Amongst all of its many appealing qualities, Forbidden Fruit strain also has a high THC content to add to the list, making it very potent. Lab results show that it has between 23% – 27% THC on average. The Forbidden...
04/03/2020 - 7:37pm
Two men arrested at marijuana grow site in Yankee Hill, over 1300 plants eradicated
(Cannabis, Cultivation) In total, deputies eradicated 1, 354 marijuana plants from the grow sites and found evidence that the property had been used for the cultivation of ...…
04/03/2020 - 1:59pm
Cannabis REIT inks $49 million sale-leaseback deal with Ascend
(Cannabis, IIPR, Innovative Industrial Properties, Investment, Massachusetts, Processing, United States, Vertically Integrated, Cultivation, Real Estate) Innovative Industrial Properties, a real estate investment trust that specializes in the marijuana industry, bought a cannabis cultivation and processing facility in Massachusetts from Ascend Wellness Holdings (AWH) in a $49 million sale-leaseback deal. San Diego-based IIP paid $26.8 million to Boston-based AWH – a vertically integrated, multistate marijuana operator – for a 199,000-square-foot facility […] Cannabis REIT inks $49 million sale-leaseback deal with Ascend is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs…
04/03/2020 - 1:57pm
Congresswoman Wants Ban On DC Marijuana Sales Lifted Through Coronavirus Legislation
(Cannabis, District of Columbia, Loans, Massachusetts, Medical Marijuana, Recreational, United States, Washington, Dispensaries, Cultivation, Retail Sales) A congresswoman is calling on the government to end a policy prohibiting Washington, D.C. from legal marijuana sales, arguing that the jurisdiction is in particular need of tax revenue from cannabis commerce due to the coronavirus outbreak. Rep. Eleanor Holmes Norton (D-DC) has repeatedly condemned the congressional rider barring the District of Columbia from allowing retail sales that has been extended each year since 2014, shortly after local voters approved a ballot measure to legalize low-level possession and home cultivation. But given the need for resources to combat the pandemic, she said a reversal of the provision should be included in the next COVID-related relief bill. “At this moment of unparalleled need, D.C. should be able to collect tax revenue from all available sources, like every other jurisdiction, including from recreational marijuana, which is believed to be widely used in the District,” the congresswoman said in a press release on Friday, adding that D.C. was...…
04/03/2020 - 1:05pm
GMO Strain (GMO Cookies)
(Cannabis, CBD, Genetics, Growers, Growing, Strains, THC, Dispensaries, Cultivation) Many cannabis strains are named after their flavor, and some are named after their effects. The indica dominant GMO cannabis strain is named after its smell. Short for “Garlic Mushroom and Onions,” it doesn’t sound like this strain would be so well-loved. However, its breeders knew what they were doing when they created this potent and flavorful strain. Sativa/Indica % Indoor Yield Outdoor Yield Flowering Period 10% / 90% 16oz/ m2 21oz/ plant 10 weeks indoors, mid-October outdoors. About GMO Cookies Effects Fragrance Flavors Adverse reactions Medical Growing Flowering time Origin GMO Cookies, aka Garlic Cookies, is a potent mix of the two very popular strains, Girl Scout Cookies (GSC) and Chemdog. The names’ garlic cookies’ and ‘GMO cookies’ replaced GMO as dispensaries avoided anything remotely similar to ‘genetically modified.’ Even with the name, this indica dominant strain was praised as one of the best new strains in 2017. It delivers a savory taste while remaining only...
04/03/2020 - 1:03pm
North Dakota Activists Say Marijuana Legalization Initiative Unlikely In 2020 Due To Coronavirus
(Arizona, California, Cannabis, Events, Growing, Idaho, Legalization, Medical Marijuana, Missouri, Nebraska, New York, North Dakota, Oregon, United States, Virginia, Washington, Cultivation) North Dakota activists announced on Thursday that they are suspending their campaign put marijuana legalization on the November ballot due to the coronavirus outbreak. In a Facebook post, Legalize ND said “we are going to have to face a few hard realities going forward” as businesses are shuttering, public events are being cancelled and individuals are encouraged to shelter in place. The pandemic means in-person signature gathering can’t take place, and the state does not allow for alternative signing options such as by mail or online. “Due to the virus all of our major avenues for signature collection have been cancelled or indefinitely postponed, and going door to door is not safe for both those knocking and those getting knocked,” the group said. “Businesses will continue to collect, but we don’t want to create another vector for the coronavirus. As a result, at this time if something major doesn’t change we will not be able to make the 2020 ballot.” Legalize ND said there’s no way...…
04/03/2020 - 12:59pm
Cannabis Big News: Nextleaf Labs Signs Cannabis Extraction Agreement, World-Class Acquires Controlling Interest in Pineapple Express Cannabis Delivery, Ignite Expands CBD Product Lineup
(Cannabis, Cardiol Therapeutics, CBD, CRTPF, Extraction, Investing, Naturally Splendid Enterprises Ltd., Nevada, NSPDF, Products, TGIFF, United Kingdom, United States, Pharmaceuticals, Cultivation) In case you missed it, here is this week’s cannabis big news roundup: Nextleaf Labs Signs Cannabis Extraction Agreement with 10-acre Greenhouse Cannabis Cultivator World-Class Acquires Controlling Interest in Pineapple Express Cannabis Delivery Naturally Splendid to Launch Products on Amazon Cardiol Therapeutics Announces Study Results Confirm the Cardioprotective Role of its Pharmaceutical Cannabidiol Formulation in a Model of Heart Failure Ignite Expands Its CBD Product Lineup and introduces CBD Skincare Product Line in United Kingdom Trade Channels 1933 Industries Marks the Beginning of Continuous Cultivation in Nevada with Second Harvest of Cannabis Plants Underway Mota Ventures Successful Immune Line Launch Signs Up Over 5,500 New Customers in 12 Days Cannabis experts and market analysts offered valuable insight and 2020 forecasts for the quickly evolving cannabis sector Read our new report on the MJBizConINT'L Conference Give me my free report! To see our previous cannabis big...
04/03/2020 - 12:52pm
Pilot programs produced a mixed crop for hemp growers - Kenbridge Victoria Dispatch - Kenbridge Victoria Dispatch
(Growers, Hemp, Cultivation) Pilot programs produced a mixed crop for hemp growers - Kenbridge Victoria Dispatch Kenbridge Victoria Dispatch…
04/03/2020 - 12:35pm
REIT To Set Up Cannabis Cultivation Facility In Massachusetts Via $27M Deal - Benzinga
(Cannabis, Massachusetts, United States, Cultivation) REIT To Set Up Cannabis Cultivation Facility In Massachusetts Via $27M Deal Benzinga…
04/03/2020 - 10:34am
Acreage Holdings Lays Off 122 Employees, Kills Deep Roots Deal
(Acquisition, Acreage Holdings, ACRGF, California, Cannabis, Facilities, Helix Technologies, HLIX, Illinois, Iowa, Management, Maryland, Massachusetts, Michigan, Nevada, New York, North Dakota, Oregon, Processing, Products, Rhode Island, United States, Washington, Dispensaries, Cultivation, Security) Acreage Holdings, Inc. (CSE: ACRG.U) (OTCQX: ACRGF) has hit the reset button as the company lays off 122 employees and kills the Deep Roots among other measures. The company blamed the COVID19 virus and other “uncontrollable factors.” The company also said it was suspending its previous 2020 financial targets and will provide a more detailed update on its first-quarter earnings call tentatively scheduled for May 13, 2020. “Although we are facing difficult times, I remain optimistic about the U.S. cannabis industry and Acreage in particular,” said Acreage Chair and Chief Executive Officer, Kevin Murphy. “But as a result of the COVID-19 pandemic, we have made the very difficult decision to furlough several of our employees and close certain facilities while we navigate through the crisis. Additionally, we withdrew from certain agreements with Deep Roots and Greenleaf as circumstances have materially changed. These bold measures will help to ensure that we emerge from this very...…
04/03/2020 - 10:08am
urban-gro: cannabis cultivation space programming - Health Europa
(Cannabis, Cultivation) urban-gro: cannabis cultivation space programming Health Europa…
04/03/2020 - 9:49am
Village Farms International, Inc. (VFF) Announces Completion of Pure Sunfarms
(Arkansas, Canada, Cannabis, CBD, Compliance, Events, Extraction, Greenhouses, Grower, Growers, Growing, Hemp, Investments, Joint Ventures, Law, Management, Mexico, Production, Stocks, Texas, United States, Vertically Integrated, VFF, Village Farms, Village Farms International, Cultivation) Village Farms International Announces Completion of Pure Sunfarms’ Expanded Credit Facility with Existing Lender for up to $59 Million and Makes Additional Capital Contribution to Pure Sunfarms to Increase Ownership to 58.7% Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF; NASDAQ: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has satisfied all pre-conditions and completed its previously announced expansion of its credit facility with its existing lender to $59 million , including accordion provisions of $22.5 million . (All figures are in Canadian dollars.) As a pre-condition to completion of the debt facility, Village Farms has made an additional capital contribution of $8 million in Pure Sunfarms and, as a result has further increased its majority ownership of Pure Sunfarms to 58.7% from 57.4%. About Village Farms International, Inc. Village Farms is one of the largest...
04/03/2020 - 9:29am
Cannabis Workers Claim Unsafe Conditions After Testing Positive for Coronavirus
(California, Cannabis, Law, Management, Massachusetts, Medical Marijuana, Nevada, Processing, Recreational, Regulations, Testing, United States, Dispensaries, Cultivation) The Massachusetts Cannabis Control Commission announced on Wednesday that it was investigating New England Treatment Access (NETA), one of the state’s largest pot companies, for allegedly placing its employees in an unsafe working environment amid the COVID-19 crisis. NETA confirmed that two of its employees tested positive for the coronavirus this week. One employee worked at the company’s Franklin cultivation and processing center. The other worked at NETA’s Northampton dispensary. A NETA spokesperson released a statement that said both employees self-identified their symptoms, contacted management as soon as they felt ill, got tested, then voluntarily self-quarantined, the Boston Globe reported. Additionally, the NETA spokesperson said that the company hired a third-party service to “deep clean” its dispensary and cultivation facility after learning about the employees’ positive coronavirus results. However, Barbara Carrapichano, a patient adviser at NETA’s Brookline dispensary,...…
04/03/2020 - 8:40am
Khiron to Report 2019 Fiscal Year End Results and Provides Corporate Update
(Brazil, Cannabis, CBD, Colombia, Compliance, Distribution, Education, Events, Facilities, Investing, Law, Management, Manufacture, Medical Marijuana, Mexico, Peru, Production, Products, Regulations, Regulatory Compliance, Testing, United States, Vertically Integrated, THC, Cultivation) Khiron to report Q4 and Year End Results on April 28, and webcast Q&A will be held the following day Khiron finished the 2019 calendar year with approximately $36 Million CAD in cash and working capital Khiron and its clinics operational during COVID-19 pandemic under an exemption decreed by the Government of Colombia, without any requirement for further authorization Active teleconsultation services complement Khiron’s delivery service that is already delivering medical cannabis prescriptions directly to patients’ homes Online education program bringing medical cannabis education to 1,500 doctors in Latin America, consolidating Khiron’s digital strategy In efforts to assist with the COVID-19 pandemic, the Company has purchased automatic testing equipment, and is in discussions on how best to deploy this Khiron further demonstrates its commitment to the community with social responsibility activities during the COVID-19 crisis supporting family health and wellbeing in Doima,...…
04/03/2020 - 8:39am
Will These Marijuana Stocks Continue To Go Up In The Market?
(Canada, Cannabis, Facilities, Grower, Growers, IIPR, Innovative Industrial Properties, Investments, Leases, Production, Products, Stocks, Vertically Integrated, VFF, Village Farms, Village Farms International, Cultivation) As of midday on April 2nd, marijuana stocks have so far had quite a rally. Top companies in the industry such as Tilray have shot up by as much as 12% during the day, before climbing back to a respectable 2% gain. Many of the deductions being made about the cannabis industry have been on a short term basis. This is because it is extremely difficult to tell where the market will be in the next few months, let alone 2 weeks from now. [Read More] Can These Ancillary Pot Stocks Keep Up With the Rest? The coronavirus has caused quite a stir amongst world financial markets, with pot stocks being hit quite heavily as well. But, with high fluctuations in prices happening on a daily basis, it seems as though there is some opportunity to be had in the cannabis industry. Those who stand to benefit the most are the ones who are watching the market with a very close eye. Because prices are shifting so rapidly, it can be difficult for those who trade in the long term timeframe, to see consistent...…
04/03/2020 - 7:00am
Friday Book Club: Magic Mushrooms & Marijuana
(Cannabis, Growing, Legalization, THC, Cultivation) “Magic Mushrooms and Marijuana: a Great Trip to Know, Understand the Risks, Cultivate and use Cannabis and Psychedelic Mushrooms even for Medical Use. A High Trip to the Knowledge You Will Not Forget!” by Tommy Smith – Review Now here’s a dynamic duo of topics to discuss: cannabis and mushrooms. Author Tommy Smith has put together a very solid compilation of data focused on helping the reader better understand the risks, how to cultivate, various uses, and other useful information when it comes to both cannabis and magic mushroom s. There is still much inaccurate information prevalent on these topics so the more genuine content we see circulating then all the better. This book will teach you how to create an ideal environment to grow mushrooms in your home, decide whether or not to grow indoors or out, how to begin growing marijuana, how to identify various types of mushrooms and so much more. Did you know that around 5,000 BC that the Chinese were among the first cultures to...
04/03/2020 - 6:55am
Who Lobbied on Cannabis in New York During the Latest Legalization Push?
(Acreage Holdings, ACRGF, Alcohol, Bar, California, Cannabis, CBD, CGC, Colorado, Connecticut, Food, Growers, GW Pharmaceuticals plc, GWPH, Hemp, Investment, Law, Legalization, Massachusetts, Medical Marijuana, Michigan, New York, Oregon, Pennsylvania, Products, Regulations, TBD, United States, Vireo, Vireo, Vireo Health, VREOF, Extracts, Pharmaceuticals, Cultivation) The effort to legalize adult use cannabis through New York’s budget process fizzled this week after New York Governor Andrew Cuomo said on Tuesday that there’s just “too much, too little time,” given the COVID-19 outbreak in the state. New York has recorded by far the highest numbers of positive tests and deaths in the country. But before the spread of coronavirus, New York was on track to legalize, and perhaps lead the entire northeast in a coordinated approach with neighboring states like Connecticut and Pennsylvania. Cuomo, who tried to legalize through the budget in 2019, too, said this January when he announced his legislative priorities during his budget address that he believes the budget process is “the opportunity, frankly, to make some tough decisions and work through tough issues that without the budget can often languish.” In the early months of 2020, a flurry of entities filed disclosures that indicated they were lobbying on cannabis issues. Some focused on lawmakers,...…
04/02/2020 - 9:30pm
How to grow marijuana indoors: a beginner’s guide
(Cannabis, Growers, Growing, Cultivation) Our clear, easy-to-digest guide to indoor growing will help even first-time growers get started. The post How to grow marijuana indoors: a beginner’s guide appeared first on Leafly .…
04/02/2020 - 7:40pm
Odorless Cannabis and CannabCo's PureCann Cultivation Technology - Investing News Network
(Cannabis, Investing, Cultivation) Odorless Cannabis and CannabCo's PureCann Cultivation Technology Investing News Network…
04/02/2020 - 5:56pm
The Daily Hit: April 2, 2020
(Acquisition, California, Canada, Cannabis, CBD, Distribution, Food, IIPR, Innovative Industrial Properties, Innovative Industrial Properties, Inc., Investment, Investors, Israel, Management, Massachusetts, Media, Medical Marijuana, Michigan, Oregon, Processing, Products, Research, Social Media, SPRWF, United States, Pharmaceuticals, Cultivation, Hedge Fund) It’s time for your Daily Hit of cannabis financial news for April 2, 2020. On The Site NeuroXPF Within days of proclaiming in social media that its CBD products could cure COVID19, the Food & Drug Administration (FDA) sent a warning letter to NeuroXPF . The letter stated, “We request that you take immediate action to cease the sale of such unapproved and unauthorized products for the mitigation, prevention, treatment, diagnosis, or cure of COVID-19.” NeuroXPF is a cannabidiol product company founded by former NFL player Kyle Turley. The company boldly went on social media suggesting that by using its products it could help people’s immune systems in the fight against COVID19. Israel Israel has been the center of some of the strongest research on cannabis, but for years remained in the research only field. That is beginning to change as more Israeli companies are raising money and more cannabis is being imported to the country. Pharmaceutical company Panaxia Labs Israel Ltd. (TASE...
04/02/2020 - 5:18pm
Cannabis REIT to Invest $49 Million in Massachusetts Cultivation and Processing Facility
(Acquisition, Cannabis, IIPR, Innovative Industrial Properties, Innovative Industrial Properties, Inc., Massachusetts, New York, Processing, United States, Cultivation, Real Estate) Innovative Industrial Properties Acquires Massachusetts Property and Expands Real Estate Partnership with AWH Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Athol, Massachusetts, which […]…
04/02/2020 - 5:18pm
Cannabis REIT to Invest $49 Million in Massachusetts Cultivation... - New Cannabis Ventures
(Cannabis, Massachusetts, United States, Cultivation) Cannabis REIT to Invest $49 Million in Massachusetts Cultivation... New Cannabis Ventures…
04/02/2020 - 5:00pm
Infographic: Odorless Cannabis the Latest in Cultivation Technology
(Cannabis, CBD, Development, Exploring, Growing, Investing, Investment, Investors, Legalization, Manufacturing, Medical Marijuana, Production, Products, Recreational, Research, Recreational Cannabis, Pharmaceuticals, Cultivation, Security) CannabCo believes its PureCann technology has the potential to create a new odorless cannabis segment within the cannabis industry. As the legalization of cannabis continues to open up new markets, the global cannabis marketplace is projected to grow to reach US$73.6 billion by 2027, according to Grand View Research . The medical segment of the cannabis market grew the most in 2019, growing by 71 percent as cannabis was embraced as a legitimate medical product for treating conditions including cancer, arthritis, Parkinson’s disease, Alzheimer’s disease, chronic pain and inflammation. The emergence of cannabis as both a recreational product and a critical component of a number of medicines has contributed to the increase in research and development conducted in the cannabis space. While cannabidiol and the emergence of CBD-based treatments have dominated the medical cannabis segment, the recreational cannabis space has begun to experience its own influx of improvements as legal...…
04/02/2020 - 3:05pm
Illinois Stores Sold Nearly $36 Million Worth Of Recreational Marijuana In March, Despite Coronavirus
(Cannabis, Facilities, Grower, Illinois, Massachusetts, Medical Marijuana, Products, Recreational, Regulations, United States, Washington, Dispensaries, Cultivation) Even amid the coronavirus pandemic, Illinois marijuana shops sold almost $36 million in cannabis products in March, according to a report from the state Department of Financial and Professional Regulation released on Thursday. More than 812,000 adult-use marijuana products were sold in the 31-day period. While the majority of those sales ($27 million) came from in-state buyers, out-of-state visitors accounted for about $8.8 million. By comparison, Illinois sold about $35 million worth of cannabis in February and nearly $40 million during its first month of sales in January. “Three straight months of consistent adult use cannabis sales show there is—and will continue to be—strong support and demand from consumers,” Toi Hutchinson, the state’s cannabis czar, said in a press release. The notice also talks about marijuana policies during the COVID-19 outbreak , which has shuttered non-essential businesses across Illinois and the country. Gov. J. B. Pritzker (D) signed an order deeming...…
04/02/2020 - 2:09pm
Nextleaf Labs Signs Cannabis Extraction Agreement with 10-acre Greenhouse Cannabis Cultivator
(Acquisition, Canada, Cannabis, Cannabis and Hemp, CBD, Events, Extraction, Hemp, Investing, Investment, Investments, Investors, Law, Management, Media, Oils, Processing, Social Media, United States, THC, Patents, Cultivation, Intellectual Property) Nextleaf Solutions Ltd. (“Nextleaf Solutions”, “OILS”, or the “Company”) (CSE: OILS) (OTCQB: OILFF), Canada’s most innovative cannabis extractor, is pleased to announce that Nextleaf Labs Ltd. (“Nextleaf Labs”), a Health Canada licensed standard processor whose acquisition by OILS is pending, has entered into a Cannabis Extraction Agreement (the “Agreement”) with a well-known cannabis producer based in Ontario who operates a 10-acre greenhouse licensed for cannabis cultivation (the “Client”). Cannabis Extraction Agreement Pursuant to the Agreement, the Client will provide cannabis biomass which Nextleaf Labs will process into refined and distilled THC and CBD oils using OILS’s patented and proprietary extraction technology. The bulk distilled THC and CBD oils will be supplied to the wholesale market by Nextleaf Labs, with net proceeds of such sales expected to be shared by Nextleaf Labs and the Client. The initial term of the Agreement will end on the earlier of (a) 12 months, and (b...…
04/02/2020 - 1:26pm
COVID-19 And Medical Marijuana: Why Aren't All Patients Allowed To Grow Their Own At Home?
(Cannabis, Medical Marijuana, Cultivation) While some medical marijuana states allow home cultivation, others do not, potentially harming lives during the coronavirus outbreak. This past month, ...…
04/02/2020 - 12:17pm
Analysis: DEA releases long-awaited rules for federal cannabis research
(Cannabis, Growers, Law, Research, Cultivation) 3/20/20–In 2016, the US Drug Enforcement Administration said it would, for the first time, open applications for those hoping to become federally-licensed cannabis researchers. The details came four years later. The DEA announced Friday, to “expand opportunities for marijuana growers who seek to grow marijuana for research purposes and outline the agency’s proposed process for administering the new program, consistent with applicable law.” There will then be a public comment period. Read…
04/02/2020 - 12:08pm
Controls to enhance the cultivation of marijuana for research in the United States
(Cannabis, Regulations, Research, United States, Cultivation) 3/23/20–The Drug Enforcement Administration is proposing to amend its regulations to comply with the requirements of the Controlled Substances Act, including consistency with treaty obligations, in order to facilitate the cultivation of marihuana for research purposes and other licit purposes. Read…
04/02/2020 - 9:34am
Chemistree Provides Sugarleaf – Washington Update COVID-19 Response and Operations Update
(Banking, Canada, Cannabis, Chemistree Technology Inc., CHMJF, Compliance, Distribution, Events, Facilities, Investing, Investment, Investors, Law, Management, Manufacture, Medical Marijuana, Monitoring, Packaging, Processing, Products, Recreational, Regulations, United States, Vertically Integrated, Washington, Licensee, Recreational Cannabis, Cultivation, Security) Chemistree Technology Inc. (CSE: CHM and CHM.wt) (US OTCQB:CHMJF) (the “Company” or “Chemistree”), wishes to provide stakeholders with an update on the Company’s Washington State assets. Currently, it is business as usual at Sugarleaf’s cultivation facility during the COVID-19 pandemic while strictly adhering to the Washington State Liquor and Cannabis Board (WSLCB) guidelines. At this time, the WSCLB has clarified the position that cannabis producers, processors, and retailers are considered essential and not required to close due to the coronavirus restrictions. Chemistree is closely monitoring the situation and receiving weekly reports from the general manager of the Washington State licensee partner, detailing ongoing operations and market conditions. Sugarleaf general manager Travis Royce commented, “I am gratified with the way our company and staff have come together and dealt with the current state of affairs. While the situation is not in any way ideal, we have a single...…
04/02/2020 - 9:06am
Israeli Cannabis Connection Grows
(Canada, Cannabis, Compliance, Containers, Development, Financing, Food, Growing, Investment, Investors, Israel, Management, Marketing, Medical Marijuana, Production, Products, Research, SPRWF, Pharmaceuticals, Cultivation, Hedge Fund) Israel has been the center of some of the strongest research on cannabis, but for years remained in the research only field. That is beginning to change as more Israeli companies are raising money and more cannabis is being imported to the country. Panaxia Labs Pharmaceutical company Panaxia Labs Israel Ltd. (TASE: PNAX) said that it completed a successful fundraising round of 17 million ILS (Israeli shekels) or approximately $4.6 million by today’s currency exchange. The private placement consists of common stock and warrants to Israeli Institutional Investors: the provident funds, mutual funds, and portfolio management entities of Mor Investment House and Noked Capital Hedge Fund. Total gross proceeds raised, including the exercise of the option by the company, are 23 million ILS. In connection with the offering, the company issued 6,319,703 shares of the company’s common stock at a purchase price per share of 2.69 ILS, and warrants to purchase an additional 5,055,762 shares of...
04/02/2020 - 8:45am
CLS Holdings USA, Inc. (CLSH) Provides Shareholder Update
(Cannabis, Consulting, Consulting Services, Distribution, Events, Facilities, Growing, Investments, Law, Nevada, Processing, Processing Facilities, Production, Products, Stocks, Subsidiaries, United States, Dispensaries, Cultivation) CLS Holdings Provides Shareholder Update CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for “Cannabis Life Sciences,” in recognition of the Company’s patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company’s business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services. Twitter: @CLSHusa About Oasis Cannabis Oasis Cannabis has operated a cannabis dispensary in the Las Vegas market since dispensaries first opened in Nevada in 2015 and has been recognized as one of the top marijuana retailers in the state. Its location within walking distance to the Las Vegas Strip and Downtown...
04/02/2020 - 8:31am
2 Marijuana Stocks To Watch: Is Investing Long Term The Best Option?
(California, Canada, Cannabis, Cresco Labs, CRLBF, Grower, Growers, Investing, Investments, Investors, OGRMF, OrganiGram Inc, Stocks, United States, Dispensaries, Cultivation) The short term in the cannabis industry is arguably a very difficult time frame for investors. In the past three weeks, we have seen prices shoot down by more than 40% for some of the largest marijuana stocks in the industry. This, however, should not dissuade investors as it appears to be the short term result of the coronavirus. One of the key things to note about investing in cannabis is that the market is subject to see extreme growth in the next few years. Some estimates have shown that the cannabis market could reach as high as $40-70 billion within the next decade. [Read More] Marijuana Stocks To Watch: What’s Up With This Canadian Company? How Are Marijuana Stocks Benefiting From Dispensaries Being Deemed Essential Because of this, it seems as though the long term could be a time frame worth considering for some pot stock investors. This, however, does not fully apply to those who swing trade, or utilize another short term, day-trading methods. Day-trading can be extremely...…
04/02/2020 - 8:09am
The Supreme Cannabis Company, Inc. (SPRWF) Completes First Shipment to Israel and Provides Corporate Update
(Canada, Cannabis, CBD, Compliance, Containers, Development, Events, Facilities, Food, Growing, Investments, Israel, Manufacturing, Medical Marijuana, Processing, Product Testing, Production, Products, Recreational, SPRWF, Stocks, Testing, Vaporizers, Cultivation) Supreme Cannabis Completes First Shipment to Israel and Provides Corporate Update The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (FIRE.TO) (SPRWF) (53S1.F) today announced the completion of its first international cannabis shipment from Canada into Israel . Supreme Cannabis partnered with Breath of Life International Ltd. (“BOL Pharma”), Israel’s largest and leading producer of medical cannabis and cannabis products, to offer Truverra-branded premium medical cannabis to patients in Israel . “This transaction represents a new international revenue opportunity for Supreme Cannabis and builds Truverra’s global medical brand in one of the most sophisticated medical cannabis markets in the world,” said Colin Moore , Interim President and CEO of Supreme Cannabis. “With the support of BOL Pharma, we navigated both Canada and Israel’s complex regulatory landscapes to achieve compliance with regulatory authorities in both countries, including Health Canada, the...…
04/02/2020 - 7:02am
New fees loom for SLO County cannabis growers - New Times SLO
(Cannabis, Growers, Cultivation) New fees loom for SLO County cannabis growers New Times SLO…
04/02/2020 - 4:40am
TerrAscend Canada Inc, A Subsidiary Of Terrascend Corp (OTCMKTS:TRSSF), Enters A $80.5 Million CAD Loan Financing Accord With Canopy Growth Corp (NYSE:CGC)
(Canada, Cannabis, Canopy Rivers, CGC, CNPOF, Financing, Hemp, Manufacturing, Medical Marijuana, New Jersey, Processing, Products, TerrAscend, TerrAscend Corp, TRSSF, United States, Dispensaries, Cultivation) TerrAscend Canada Inc, a subsidiary of Canopy Rivers Inc (OTCMKTS:CNPOF), has entered into an $80.5 Million CAD loan financing agreement with Canopy Growth Corp (NYSE:CGC). As per the terms of the deal, Canopy Growth has received 17.8 million common shares purchase warrants from TerrAscend. Well-positioned to capitalize on opportunities CEO and President of Canopy Rivers, Narbe Alexandrian, said it shows the confidence in TerrAscend’s capability to implement the strategic mandate for domestic and international markets. He said the team at TerrAscend is well-positioned to leverage the flourishing opportunities in the regulated jurisdictions using its network and resources. Narbe is pleased with the support extended by Canopy Growth for its portfolio company – TerrAscend. Proceeds for general corporate purposes TerrAscend Canada will use the proceeds to fund the Canadian operations and for general corporate purposes. It will also use the funds to repay indebtedness and to support global...…
04/02/2020 - 2:56am
Commission recommends more stringent permit process for cannabis cultivation
(Cannabis, Cultivation) By ZAC EZZONE. All cannabis cultivation projects in Santa Barbara County will face a more rigorous permitting process if supervisors back a ...…
04/01/2020 - 4:45pm
Cannabis Regulators Respond to Coronavirus Concerns
(Arkansas, California, Canada, Cannabis, Cannabis and Hemp, CGC, Cleaning, Colorado, Compliance, Connecticut, Consultations, Facilities, Food, Growers, Hawaii, Hemp, Illinois, Iowa, Law, Maine, Management, Maryland, Massachusetts, Medical Marijuana, Mexico, Michigan, Minnesota, Missouri, Monitoring, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Packaging, Pennsylvania, Processing, Production, Regulations, Testing, Tracking, Training, United States, Utah, Washington, Industrial Hemp, Licensee, Dispensaries, Cultivation) Editor’s note: this story was originally published on March 19 and was most recently updated on April 1. We’ll continue to update as regulators announce new policies. So far, during the COVID-19 pandemic, cannabis sales are through the roof as consumers stock up in anticipation of supply chain disruption. But, despite this upswing, cannabis companies are bracing for impact. As Cannabis Wire reported this week, a dilemma has hit the nascent industry: to close or not to close? Already, Canopy Growth chose to close nearly two dozen shops in Canada, and we’re tracking how other companies are reacting. But what happens in the case of forced closures? Cannabis regulators will have to weigh tough decisions in the coming days as businesses, from gyms to bowling alleys to bars, are asked to close as part of broader efforts to contain the spread of the virus. (While Canadian consumers can legally order cannabis online, should closures occur, changes are taking place north of the border. On...…
04/01/2020 - 3:00pm
(Cannabis, Compliance, Growers, Management, Software, Tracking, Cultivation) Trym, a cannabis farm management and compliance software company, recently announced integrations with Argus and TrolMaster environmental control systems. Traditionally, cannabis growers have used environmental controls as isolated systems. By tracking and linking environmental conditions to each batch of plants, Trym enables growers to see the cause-and-effect relationship between grow conditions and resulting yields. Trym... The post Trym appeared first on Marijuana Venture .
04/01/2020 - 2:10pm
Black Dog Grow Technologies Announces Colorado's First LED Hemp Cultivation Research Facility - Cannabis Business Times
(Cannabis, Colorado, Hemp, Research, United States, W Technologies, W Technologies, Inc., WTCG, Cultivation) Black Dog Grow Technologies Announces Colorado's First LED Hemp Cultivation Research Facility Cannabis Business Times…
04/01/2020 - 2:07pm
urban-gro Provides Air Sanitation Solution for Dispensaries / Patient Waiting Areas
(Cannabis, Facilities, Media, Organic, United States, Dispensaries, Cultivation) FOR IMMEDIATE RELEASE Medical Grade HEPA Filter Captures Viruses and Bacteria, Remove Volatile Organic Compounds (VOCs) Lafayette, Colo., (April 1, 2020) – urban-gro, Inc. (OTCQX: UGRO) (“urban-gro” or the “Company”), a leading engineering design services company that integrates complex equipment systems into high-performance indoor cannabis cultivation facilities around the world, is pleased to announce the availability of HealthMate Plus® to help protect employees and customers in dispensaries and patient waiting rooms by filtering certain viruses and bacteria and removing harmful particles in the air. The HealthMate Plus® is a highly visible solution which provides true medical grade HEPA filters which remove 99.97% of all particles larger than 0.3 microns and 95% of all particles larger than 0.1 microns. This solution also has exceptional capacity for removing Volatile Organic Compounds (VOCs) for odor control. “With dispensaries classified as Essential Businesses, we are pleased...…
04/01/2020 - 1:58pm
Black Dog Grow Technologies Announces Colorado's First LED Hemp Cultivation Research Facility - Hemp Grower
(Colorado, Grower, Hemp, Research, United States, W Technologies, W Technologies, Inc., WTCG, Cultivation) Black Dog Grow Technologies Announces Colorado's First LED Hemp Cultivation Research Facility Hemp Grower…
04/01/2020 - 1:58pm
Resource Innovation Institute Forms Water Working Group to Research Cannabis Water Impacts
(California, Cannabis, Growers, Growing, Management, Research, United States, Washington, Cultivation) PORTLAND, Ore. (April 1, 2020) – PRESS RELEASE – Resource Innovation Institute , an organization promoting energy efficiency for cannabis growers, has announced the formation of its Water Working Group . The group, made up of experts in multiple fields and disciplines, is an important part of RII’s push for more sustainable water management in the fast-growing cannabis agricultural sector.The Water Working Group will advise RII on a range of issues, including upgrades to its Cannabis PowerScore benchmarking tool to enable governments and other stakeholders a more accurate understanding of cannabis water use, and how geographies and cultivation methods impact usage rates. The group will also counsel RII on its farm outreach strategies to gather best practices.“Resource Innovation Institute facilitates our multi-disciplinary Technical Advisory Council to provide peer-reviewed objective guidance on how to cultivate cannabis in a resource efficient manner across a variety of grow...…
04/01/2020 - 1:47pm
Black Dog Grow Technologies Announces Colorado's First LED Hemp Cultivation Research Facility
(Cannabis, CBD, CBG, CBN, Colorado, Hemp, Research, United States, W Technologies, W Technologies, Inc., WTCG, THC, Cultivation) Hemp is a phenotype of the cannabis sativa plant species defined by low THC content. Maximizing yields, cannabinoid content (CBD, CBG, CBN) and ...…
04/01/2020 - 1:20pm
Common Citizen to Host Virtual Job Fairs for Michigan Greenhouse Positions
(Cannabis, Michigan, United States, Cultivation) MARSHALL, Mich. — Common Citizen will host virtual job fairs 11 a.m. to 5 p.m. Tuesdays and Thursdays starting this Thursday, April 2, to interview applicants for cultivation jobs at its state-of-the-art cannabis hybrid greenhouse in Marshall. The facility produces safe, high-quality cannabis for patients and adult-use customers in Michigan.The job fairs were moved online to protect the safety, health and well-being of Common Citizen customers, staff and future employees during the ongoing COVID-19 pandemic.“At Common Citizen, we are excited to announce we are seeking applicants to join our talented team during this unprecedented global crisis,” said Michael Elias, Common Citizen CEO. “Our virtual job fairs will help us identify qualified candidates while maintaining our commitment to public health and the safety of our customers, employees, future team members and the community we serve.”To register for a Common Citizen virtual job fair, visit…
04/01/2020 - 12:02pm
Canadian cannabis firm James E. Wagner Cultivation seeks creditor protection
(Cannabis, Cultivation) Financially distressed cannabis cultivator James E. Wagner Cultivation Corp. (JWC) said Wednesday it will undergo a “consensual restructuring” and seek creditor protection in a deal with cannabis industry lender Trichome Financial Corp. Under the deal, Trichome will provide JWC with a debtor-in-possession loan of up to 4 million Canadian dollars ($2.8 million) during the restructuring. Trichome, […] Canadian cannabis firm James E. Wagner Cultivation seeks creditor protection is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs…
04/01/2020 - 11:47am
Adult-Use Cannabis Sales Are Slumping as the Reality of Lockdown Hits
(California, Cannabis, Colorado, Marketing, Recreational, United States, Washington, Recreational Cannabis, Cultivation) Legal marijuana sales broke records two weeks ago, just as the US began to see its first confirmed coronavirus cases. However, recreational cannabis sales figures have started falling in California, Washington State, and Colorado, the nation’s three largest legal weed markets. According to data from the weed analytics firm Headset, Colorado saw the largest sales slump over the weekend (from March 27-29), down 47 percent compared to the same weekend in 2019, MJBizDaily reported. “The entire tourism industry shut down” in lieu of lockdowns to prevent the spread of the novel coronavirus, said Lisa Gee, the marketing director at the Colorado cannabis chain Lightshade. “The ski areas officially closed three weeks ago. This would have been spring break, so you’re removing an entire sector.” Annually, Colorado’s tourism industry generates over $20 billion in sales and draws nearly 90 million tourists from around the country and the world. Prior to the COVID-19 pandemic, the state ranked 8th...…
04/01/2020 - 11:34am
Introduction to Boulder Medicinals
(CBD, Colorado, Hemp, Organic, United States, Cultivation) Boulder Medicinals brings a craft approach to hemp cultivation. Our organic full-spectrum hemp oil is made with love in Boulder, Colorado. Cast: Boulder Medicinals Tags: Boulder Medicinals , organic farming , cbd , hemp , colorado and boulder
04/01/2020 - 11:34am
Introduction to Boulder Medicinals
(CBD, Colorado, Hemp, Organic, United States, Cultivation) Boulder Medicinals brings a craft approach to hemp cultivation. Our organic full-spectrum hemp oil is made with love in Boulder, Colorado. Cast: Boulder Medicinals Tags: Boulder Medicinals , organic farming , cbd , hemp , colorado and boulder
04/01/2020 - 9:48am
1933 Industries Reports Second Quarter Financial Results for Fiscal Year 2020
(California, Cannabis, CBD, Colorado, Development, Distribution, Edibles, Events, Extraction, Facilities, Genetics, Growing, Hemp, Hemp Products, Investing, Law, Management, Manufacture, Manufacturing, Nevada, Processing, Production, Products, Recreational, Regulations, Strains, Subsidiaries, TGIFF, Topicals, United States, Vertically Integrated, Licensee, THC, Dispensaries, Recreational Cannabis, Cultivation) 1933 Industries Inc. (the “Company” or “1933 Industries”) (CSE: TGIF ) (OTCQX:TGIFF), a vertically integrated cannabis consumer packaged goods company, announces its second quarter 2020 (“Q2 2020”) financial results for the period ended January 31, 2020. All amounts expressed are in Canadian dollars. During Q2 2020, the Company successfully completed two capital projects that were its primary strategic focus: completion of its new Las Vegas cultivation facility and commencement of cultivation in such facility by its subsidiary, Alternative Medicine Association (AMA); and expansion of its cultivation and manufacturing operation to California under a management agreement with Green Spectrum Trading Inc. (“Green Spectrum”) to support its portfolio of consumer packaged goods and licensing partners. The projects spanned two quarters and required extensive capital expenditures and resources and are notable milestones for the Company. The Company also continued to attract premium brands as...…