Events News

04/03/2020 - 6:17pm
Coronavirus closures and cancellations: What’s happening with cannabis in Canada
(Canada, Cannabis, Events) Learn everything you need to know about cannabis stores and events as Canada comes to terms with the COVID-19 pandemic. The post Coronavirus closures and cancellations: What’s happening with cannabis in Canada appeared first on Leafly .
https://www.leafly.com/news/industry/coronavirus-closures-and-cancellations-what…
04/03/2020 - 5:45pm
MJBizDaily podcast: Marijuana firms pivot to virtual 4/20 events, New York adult-use cannabis appears stalled and more
(Cannabis, Colorado, Events, Legalization, New York, United States) Cannabis companies are hosting virtual 4/20 events amid COVID-19 concerns, instead of the usual monthlong parties and celebrations. Some of the other top headlines addressed in this week’s MJBizDaily podcast include: New York adult-use marijuana legalization appears stalled Colorado marijuana retailers get OK to resume in-store sales Los Angeles cannabis licensing audit finds flawed process, no […] MJBizDaily podcast: Marijuana firms pivot to virtual 4/20 events, New York adult-use cannabis appears stalled and more is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
https://mjbizdaily.com/mjbizdaily-podcast-marijuana-firms-pivot-to-virtual-4-20-…
04/03/2020 - 5:45pm
MJBizDaily podcast: Marijuana firms pivot to virtual 4/20 events, New York adult-use cannabis appears stalled and more - Marijuana Business Daily
(Cannabis, Events, New York, United States) MJBizDaily podcast: Marijuana firms pivot to virtual 4/20 events, New York adult-use cannabis appears stalled and more Marijuana Business Daily
https://mjbizdaily.com/mjbizdaily-podcast-marijuana-firms-pivot-to-virtual-4-20-…
04/03/2020 - 5:04pm
Cannabis Consumer Behavior Alters With Covid-19 Quarantine: Edibles & Drinks Surge
(Alcohol, Beverage, Cannabis, Drinks, Edibles, Events, Marketing, Packaging, Products, Topicals, United States) So many things have been turned upside down with this pandemic, and saying we live in interesting times would be an understatement. Industries and businesses are being demolished and altered in ways unheard of just a month ago, and a rare few are actually booming. For the cannabis industry, one of the biggest changes leading to a boom is that as a whole cannabis is now being considered an “essential” part of life nationwide. The level of legitimacy this brings to the industry would have normally taken another decade. Delivery services and curb side pick-up have been implemented across the country also erasing years of necessary effort overnight. But overall, the complete change in cannabis consumer behavior has been one of the most interesting developments to witness for many of us. As reported by Vice , politics and current events are major sources of anxiety for many in the United States and this leads to an increase of unhealthy behaviors like drinking alcohol, smoking, or eating...
https://www.greenmarketreport.com/cannabis-consumer-behavior-alters-with-covid-1…
04/03/2020 - 4:04pm
/r/weedstocks After Hours Discussion - [April 03, 2020]
(Bar, Events, Investing, Research) Welcome to /r/weedstocks After Hours Discussion New to Reddit? Read This . New to r/weedstocks ? Read This . Want to start trading? Read This . Use the search bar before asking any question. All questions that can be answered by these resources may be removed. Looking for research resources about which company to invest in? Please refer to our sidebar -- specifically our featured Investing References -- to help you in your research process. This thread is intended for discussion about today's earlier events or news that impacted the sector and/or specific companies. Please remember proper reddiquette when participating in the discussion. As always, rule #1 ("be kind and respectful") will be strictly enforced here to prevent any uncivil discussion and personal attacks. submitted by /u/AutoModerator [link] [comments]
https://www.reddit.com/r/weedstocks/comments/fufepq/rweedstocks_after_hours_disc…
04/03/2020 - 2:25pm
4/20 Goes Virtual: The High Holiday Brings Cannabis Events To Your Home - Green Entrepreneur
(Cannabis, Events) 4/20 Goes Virtual: The High Holiday Brings Cannabis Events To Your Home Green Entrepreneur
https://www.greenentrepreneur.com/article/348688
04/03/2020 - 11:45am
Arizona Legal Marijuana Campaign Asks Supreme Court To Allow Electronic Signatures Amid Coronavirus
(Arizona, California, Cannabis, Education, Events, Idaho, Law, Legalization, Medical Marijuana, Missouri, Nebraska, New York, Oregon, Recreational, United States, Washington) Several campaigns to put initiatives on Arizona’s November ballot—including one to legalize marijuana—are asking the state Supreme Court to allow electronic signature gathering amid the coronavirus pandemic, which has made in-person ballot petitioning all but impossible. Smart and Safe Arizona, the group behind the cannabis measure, along with three other campaigns, filed a petition with the court on Thursday, requesting that it direct the secretary of state to let them digitally collect signatures. They stressed that the infrastructure already exists, as residents are able to use a system called E-Qual to sign ballot petitions for individual candidates running for office. While the marijuana campaign has already gathered more than 320,000 signatures , which is well over the required 237,645 signatures for statutory proposals, they have yet to be verified and activists would like to continue collection efforts to ensure that they qualify for the ballot. In the filing, the groups...
https://www.marijuanamoment.net/arizona-legal-marijuana-campaign-asks-supreme-co…
04/03/2020 - 10:21am
European CBD and Cannabis Events Affected by Coronavirus - The Cannabis Exchange
(Cannabis, CBD, Events) European CBD and Cannabis Events Affected by Coronavirus The Cannabis Exchange
https://canex.co.uk/cbd-cannabis-events-europe-coronavirus/
04/03/2020 - 9:49am
VFF
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...
https://marijuanastocks.com/vff-announces-completion-of-pure-sunfarms/
04/03/2020 - 8:31am
Codebase Provides Update on Its Holdings and Near-Term Investment Priorities
(Acquisition, Cannabis, CBD, Distribution, Events, Hemp, Investing, Investment, Investments, Management, Partnerships, Products, Regulations, Science, Pharmaceuticals) Codebase Ventures Inc. (“Codebase” or the “Company”) (CSE: CODE )(FSE:C5B)(OTCQB:BKLLF), an investment company, provides updates on progress with its holdings World High Life PLC and Arcology, the current status of Pressland and the Company’s future looking investment focus. World High Life PLC is an investment company with a strategic focus to invest in or acquire companies operating in the CBD wellness and medicinal cannabis industry. It’s fully owned subsidiary, Love Hemp, is a leading CBD supplier in the UK. Love Hemp has deployed the capital investments made in the company to expand its product line and broaden its sales and distribution, resulting in record monthly sales through the combination of its retail presence and its ecommerce site. Arcology, a cluster-computing powered AI blockchain ecosystem with unlimited scalability, is advancing its presence amongst dAPP developers by launching a project on GitHub.com, the world’s largest source code sharing platform. “With this...
https://investingnews.com/daily/tech-investing/fintech-investing/codebase-provid…
04/02/2020 - 4:05pm
/r/weedstocks After Hours Discussion - [April 02, 2020]
(Bar, Events, Investing, Research) Welcome to /r/weedstocks After Hours Discussion New to Reddit? Read This . New to r/weedstocks ? Read This . Want to start trading? Read This . Use the search bar before asking any question. All questions that can be answered by these resources may be removed. Looking for research resources about which company to invest in? Please refer to our sidebar -- specifically our featured Investing References -- to help you in your research process. This thread is intended for discussion about today's earlier events or news that impacted the sector and/or specific companies. Please remember proper reddiquette when participating in the discussion. As always, rule #1 ("be kind and respectful") will be strictly enforced here to prevent any uncivil discussion and personal attacks. submitted by /u/AutoModerator [link] [comments]
https://www.reddit.com/r/weedstocks/comments/fttfnq/rweedstocks_after_hours_disc…
04/02/2020 - 4:01pm
Idaho Activists Suspend Campaign To Legalize Medical Marijuana Due To Coronavirus
(Arizona, California, Cannabis, Events, Idaho, Legalization, Medical Marijuana, Mississippi, Missouri, Nebraska, New York, Oregon, Recreational, South Dakota, United States, Washington, THC) A campaign to put a medical marijuana initiative on Idaho’s November ballot announced on Thursday that it is suspending its signature collection efforts due to the coronavirus pandemic. It’s the latest in a series of drug policy reform campaign cancellations in recent weeks. Activists across the country have been left virtually helpless to qualify measures as governments continue to impose restrictions on public gatherings, encourage social distancing and issue shelter-in-place orders amid the COVID-19 outbreak. The Idaho Cannabis Coalition said that volunteers will no longer be conducting in-person signature gathering, and that will likely leave the campaign without enough signatures to make the ballot. They had to collect 55,057 by May 1 to qualify. Additionally, the state requires that initiatives receive signatures from six percent of registered voters from a majority of legislative districts. What that means is “the odds are against Idahoans being able to vote on medical...
https://www.marijuanamoment.net/idaho-activists-suspend-campaign-to-legalize-med…
04/02/2020 - 3:44pm
ACB, GTBIF
What’s The Deal With The Cannabis Industry?
(ACB, Aurora Cannabis Inc., Canada, Cannabis, Events, Green Thumb, Growing, GTBIF, Investments, Investors, Recreational, Stocks, Recreational Cannabis) Marijuana stocks have been incredibly up and down in the past two weeks. Last week’s trading saw many leading pot stocks , up by substantial amounts. This growth was not so much the market’s fault, but rather a symptom of the trading hysteria that we have seen amongst all world markets in the past month. There are two reasons that we can directly attribute the market’s recent growth. For one, many investors have been taking Warren Buffett’s advice. Buy low, and when it goes lower, buy more. That may not be a direct quote, but the message states that prices are always going to fluctuate. If there is a massive drop, there are usually investors willing to come in to buy cheap and hold for the near future. [Read More] Can These Ancillary Pot Stocks Keep Up With the Rest? The second reason is that many believe in the long term of the cannabis industry . Projections continue to highlight multi-billion growth for the next decade long period. Because of this, investors see this as a good time...
https://marijuanastocks.com/whats-the-deal-with-the-cannabis-industry/
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...
https://investingnews.com/daily/cannabis-investing/nextleaf-labs-signs-cannabis-…
04/02/2020 - 9:34am
CHMJF
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...
https://investingnews.com/daily/cannabis-investing/chemistree-provides-sugarleaf…
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. http://www.clsholdingsinc.com 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...
https://marijuanastocks.com/clsh-provides-shareholder-update/
04/02/2020 - 8:12am
TBPMF
Tetra Bio-Pharma Inc. (TBPMF) Maps Out Cannabinoid Metabolites in Humans
(Acquisition, Canada, Cannabis, CBD, CBN, Compliance, Development, Events, Financing, Food, Growing, Insurance Companies, Investments, Plasma, Products, Regulations, Research, Stocks, Subsidiaries, TBPMF, Tetra Bio-Pharma, THC, Pharmaceuticals, Intellectual Property) Tetra Bio-Pharma Maps Out Cannabinoid Metabolites in Humans Following Inhalation of QIXLEEF Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TBP.V) (TBPMF), a leader in cannabinoid-derived drug discovery and development, is pleased to announce the launch of a study to determine the levels of cannabinoid metabolites (e.g., 7-COOH-CBD), cannabinoid precursors (e.g., CBGA) and minor cannabinoids (e.g., CBN) in the plasma of humans. This study is important to the US Food and Drug Administration (“FDA”) and Health Canada to define the levels of these compounds in patients consuming cannabis and Tetra’s inhaled drugs QIXLEEF and CAUMZ. Tetra has launched a study to quantify the levels of cannabinoid metabolites and precursors as well as minor cannabinoids in the plasma samples of humans that received QIXLEEF in its clinical trials. The bioanalysis of these human plasma samples will allow Tetra to better understand how THC and CBD are degraded in humans and how long these compounds remain...
https://marijuanastocks.com/tbpmf-maps-out-cannabinoid-metabolites-in-humans/
04/02/2020 - 8:09am
SPRWF
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...
https://marijuanastocks.com/sprwf-completes-first-shipment-to-israel-and-provide…
04/02/2020 - 8:06am
NEPT, GSML
Neptune Wellness Solutions Inc. (NEPT) Obtains Health Canada Authorization
(Canada, Cannabis, Cannabis and Hemp, Development, Events, Extraction, Facilities, GSML, Hemp, Hemp Industries, Investments, Law, Manufacturing, NEPT, Neptune Wellness, Neptune Wellness Solutions Inc., North Carolina, Oils, Processing, Processing Facilities, Production, Products, Research, Seed Oil, Stocks, Tracking, United States, Extracts) Neptune Obtains Health Canada Authorization and is Fast Tracking FDA Registration to Commercialize Plant-Based Hand Sanitizers Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT), is pleased to announce today it has received Health Canada authorization to commercialize natural, plant-based hand sanitizer products. The Company has also engaged with the National Research Council of Canada (NRC), Canada’s largest federal research and development organization, to support NRC’s efforts to facilitate the development, manufacturing and ultimately commercialization of solutions to meet COVID-19 related needs. Neptune will leverage its product formulation expertise to develop natural, plant-based sanitizers that effectively kills 99.9% of germs and bacteria, made with a specialized blend of essential oils and fruit extract. The product will be formulated at the Company’s production and processing facilities in Sherbrooke, Quebec and Conover, North Carolina,...
https://marijuanastocks.com/nept-obtains-health-canada-authorization/
04/02/2020 - 1:14am
NXTTF
Adastra Provides COVID-19 Operational Update and Announces Supply Agreement with Namaste
(Beverage, Canada, Cannabis, Edibles, Education, Events, Extraction, Law, Medical Marijuana, NXTTF, Processing, Products, Recreational, Regulations, Stocks, Subsidiaries, Testing, Topicals, Recreational Cannabis, Extracts) Adastra Provides COVID-19 Operational Update and Announces Supply Agreement with Namaste Adastra Labs Holdings Ltd. (CSE: XTRX )(FRANKFURT:D2EP) (“Adastra”) a provider of same-site Health Canada Licensed cannabis processing and analytical testing services, is pleased to provide an update with respect to the impact of the COVID-19 pandemic on its current operations and announce the entry into an agreement to supply cannabis extract and concentrate products. On March 18, 2020, the British Columbia government declared a provincial state of emergency, and on March 26, 2020, provided guidance concerning essential services during the COVID-19 pandemic. Certain sectors of the economy including cannabis retail and wholesale operations, along with analytical laboratories, have been deemed essential services and are permitted to operate. Adastra’s wholly owned subsidiaries, Adastra Labs Inc. and Chemia Analytics Inc. (“Chemia”) are part of the Canadian cannabis supply chain and are committed to...
https://www.marijuanastocksreport.com/adastra-provides-covid-19-operational-upda…
04/01/2020 - 5:57pm
SPLIF, CLYXF, VMGI
Nutritional High Announces Financial Results for Second Quarter Ended Jan 31, 2020
(Acquisition, Banking, Brand Development, Branding, California, Canada, Cannabis, CLYXF, Colorado, Development, Distribution, Distributor, Edibles, Events, Extraction, Facilities, Growing, Investing, Investment, Law, Legalization, Management, Manufacturing, Media, Medical Marijuana, Nevada, Nutritional High International Inc., Oregon, Processing, Production, Products, Recreational, Regulations, Research, SPLIF, Subsidiaries, United States, Vaporizers, Vertically Integrated, VMGI, Washington, Dispensaries, Extracts, Security) Nutritional High International Inc. (“Nutritional High” or the “Company”) (CSE: EAT , OTCQB: SPLIF) is pleased to announce its financial results and business update for the second quarter ended January 31, 2020. All Figures in Thousands CAD, unless otherwise stated Green Therapeutics (Nevada) and Palo Verde (Colorado) financials are not consolidated in these results * Historically, revenue was derived from lease and interest income; beginning fiscal Q3 2018, the Company started to earn revenue from Cannabis sales Q2 2020 Financial Highlights: Revenue$3.1 million from the sale of cannabis related products, primarily generated from our distributor in California, Calyx Brands Inc. (“Calyx”). Q2 Revenue represents a decline of $3.5M vs prior quarter and $3.0M vs prior year, due to the termination of the distribution relationship between Calyx and a subsidiary of Plus Products Holdings Inc. Despite this lost business, Calyx continues to have a strong retail footprint of 600+ dispensaries...
https://investingnews.com/daily/cannabis-investing/nutritional-high-announces-fi…
04/01/2020 - 5:16pm
World-Class Acquires Controlling Interest in Pineapple Express Cannabis Delivery
(Acquisition, California, Canada, Cannabis, Cannabis and Hemp, Compliance, Development, Distribution, Events, Extraction, Financing, Growing, Hemp, Investing, Investment, Joint Ventures, Law, Management, Nevada, Oils, Oregon, Partnerships, Processing, Products, Recreational, Regulations, Research, Software, United States, Recreational Cannabis, Security) World-Class Extractions Inc. (CSE: PUMP ) (FRA:WCF) (OTCQB:WCEXF) (the “Company” or “World-Class”), an innovation-driven company that deploys and manages purpose-built cannabis and hemp extraction and processing centres, is pleased to announce the signing of a definitive investment agreement (the “Investment Agreement”), dated effective March 27, 2020, outlining the terms and conditions with respect to an acquisition (the “Acquisition”) of Pineapple Express Delivery Inc., (“Pineapple Express Delivery” or “PED”), an arm’s length, privately held, Toronto-based company offering different types of legal delivery services (including same day and next day) to the cannabis sector in Canada. Pineapple Express Delivery’s financial results will be reported with World-Class on a consolidated basis. Pineapple Express Delivery currently has several contracts in place with Licensed Producers (“LP’s”) for delivery within select provinces in Canada. Pineapple Express Delivery is targeting to become...
https://investingnews.com/daily/cannabis-investing/world-class-acquires-controll…
04/01/2020 - 4:05pm
/r/weedstocks After Hours Discussion - [April 01, 2020]
(Bar, Events, Investing, Research) Welcome to /r/weedstocks After Hours Discussion New to Reddit? Read This . New to r/weedstocks ? Read This . Want to start trading? Read This . Use the search bar before asking any question. All questions that can be answered by these resources may be removed. Looking for research resources about which company to invest in? Please refer to our sidebar -- specifically our featured Investing References -- to help you in your research process. This thread is intended for discussion about today's earlier events or news that impacted the sector and/or specific companies. Please remember proper reddiquette when participating in the discussion. As always, rule #1 ("be kind and respectful") will be strictly enforced here to prevent any uncivil discussion and personal attacks. submitted by /u/AutoModerator [link] [comments]
https://www.reddit.com/r/weedstocks/comments/ft7hqb/rweedstocks_after_hours_disc…
04/01/2020 - 2:52pm
New York Governor’s Adult-Use Cannabis Legalization Proposal Cut from State Budget: Legalization Watch
(Cannabis, Events, Facilities, Law, Legalization, New York, Training, United States) New York’s cannabis advocates had a renewed sense of hope at the dawn of the new year, when Gov. Andrew Cuomo vowed in his January State of the State address to renew his push to legalize adult-use in 2020 after last year’s legalization efforts stalled in the legislature.Cuomo seemed to be making good on his promise when he included a plan to legalize and tax adult-use cannabis in his initial state budget proposal in January, but as the COVID-19 outbreak turned into a global pandemic and the April 1 deadline to approve the sprawling budget loomed, hope that legalization could be accomplished through the budget process began to fade.Cuomo told reporters March 31 that it was “not likely” that the legalization proposal would be included in the final budget, according to a New York Post report , adding that there was “too much” to accomplish and “too little time.”“We’re not going to get there,” Cuomo said later, during a WAMC radio interview, according to the New York Post. “In truth,...
http://www.cannabisbusinesstimes.com/Article/new-york-adult-use-cannabis-legaliz…
04/01/2020 - 11:00am
Nextleaf Solutions Announces Employee Equity Participation Plan
(Canada, Cannabis, CBD, Events, Extraction, Investing, Investment, Investors, Law, Management, Media, Oils, Social Media, United States, THC, Patents, Intellectual Property) Nextleaf Solutions Ltd. (CSE: OILS) (“Nextleaf”, “OILS”, or the “Company”), Canada’s most innovative cannabis extractor, is announcing today the implementation of an Employee Equity participation Plan (the “Plan”) to further align the efforts and compensation of non-executive employees with the Company’s long-term business strategy. The Plan is also timely given the current COVID-19 global pandemic. The Plan is fully voluntary and permits non-executive employees to receive common shares in the capital of the Company in lieu of a portion of an employee’s cash compensation. If utilized by employees, the Plan will allow the Company to reduce the cash component of employee compensation and further align incentives across the team. In addition to the Plan, the Company expects to supplement payroll with assistance from Canada’s wage subsidy program, the federal wage support program rolled out in response to COVID-19 that could subsidize up to 75% of the wages of a qualifying business for up...
https://investingnews.com/daily/cannabis-investing/nextleaf-solutions-announces-…
04/01/2020 - 10:12am
Captor Capital Implements Adjustments in Response to Coronavirus
(Acquisition, Advertising, California, Cannabis, Cleaning, Events, Financing, Investing, Investment, Law, Marketing, Michigan, Products, Recreational, Regulations, United States, Dispensaries, Extracts) Captor Capital Corp. (CSE: CPTR ; FRANKFURT:NMV; STUTTGART:NMVA; OTC:CPTRF), (“Captor” or the “Company”) has in recent weeks made several adjustments to its retail model, chiefly an increased focus on delivery service and online orders, and its business strategy, in response to the coronavirus outbreak that has shut down the majority of businesses in California. These adjustments follow the successful lobbying of local government by a cannabis industry group in Santa Cruz County led by Oliver Summers, head of Captor Capital’s CHAI retail operations in Santa Cruz and Monterey County. “We were extremely happy the government recognized the importance of keeping cannabis businesses open during these trying times and after a long period of negotiations on this issue we have been able to focus on the needs of our valued customers,” said Mr. Summers. “CHAI Cannabis is doing everything we can to keep them safe, including increased cleaning and disinfecting, a curbside pick-up option, and of...
https://investingnews.com/daily/cannabis-investing/captor-capital-implements-adj…
04/01/2020 - 9:48am
CGC, ACB
Aurora Cannabis' Daily Special might be its saving grace and push the sector toward cheaper, value product
(ACB, Aurora Cannabis Inc., Cannabis, CGC, Events, Strains, Lights) Aurora’s Daily Special value flower may turn out to be their saving grace and also drive the sector in new direction: a sector focused on cheaper, high quality weed. The demand for cheap/value flower increased 15+% from the last quarter, and Aurora noted during their last quarter conference call that this significantly and negatively impacted their net revenue, as they did not have a particular value brand on the shelves (this occurred before Daily Special was released). Since the release of Daily Special in February, Aurora is currently leading in dry flower sale (+10% over next place CGC). Skimming through the thousands of positive reviews on the OCS website and viewing posts over on OCS’s reddit page helps to confirm that the product is extremely well received. I believe that the LPs who are pushing out cheap, but quality product, (especially with current events warranting a demand for cheaper product) will post surprisingly positive quarterly reports (or in the case of Aurora,...
https://www.reddit.com/r/weedstocks/comments/ft041c/aurora_cannabis_daily_specia…
04/01/2020 - 9:48am
TGIFF
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...
https://investingnews.com/daily/cannabis-investing/1933-industries-reports-secon…
04/01/2020 - 9:33am
Khiron to Educate Physicians on Medical Cannabis Online with Leading Latin American University
(Cannabis, CBD, Colombia, Compliance, Development, Distribution, Education, Events, Investing, Law, Manufacture, Medical Marijuana, Mexico, Production, Products, Regulations, Regulatory Compliance, Research, Science, Training, United States, Vertically Integrated, THC, Cultivation) Doctor education continues to be core to Khiron mission Partnership allows Khiron to include its medical education program with Tecnologico de Monterrey world-renowned continuing education platform for doctors, giving it prominent exposure to the Latin America medical community Co-developed, online educational content will focus on medical cannabis knowledge, application and potential therapeutic benefits of cannabinoid-based medicines to better meet patient needs Tecnologico de Monterrey, a top-3 Latin American university and the leading university in Mexico (Source: QS University Rankings) Khiron’s Phase 1, best in class cloud-based cannabis education and certification platform will be launched in Q2 2020 and feature interactive courses customized for specific medical cannabis conditions Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN ), (OTCQB:KHRNF), (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America, today...
https://investingnews.com/daily/cannabis-investing/khiron-to-educate-physicians-…
04/01/2020 - 9:26am
NSPDF
Naturally Splendid to Launch Products on Amazon
(Acquisition, Bar, Beverage, Canada, Cannabis, Consulting, Development, Distribution, Edibles, Events, Extraction, Food, Foods, Growing, Hemp, Hemp Food, Hemp Foods, Investing, Management, Manufacturer, Manufacturing, Marketing, Media, Naturally Splendid Enterprises Ltd., NSPDF, Oils, Oregon, Products, Regulations, Testing, United States, Financial Services) Naturally Splendid Enterprises Ltd. (“Naturally Splendid”, “NSE” or “the Company”) (FRANKFURT:50N) (TSXV: NSP ) (OTC:NSPDF) is pleased to announce it has engaged AMZing Marketing Consulting to assist in expanding its e-commerce strategy. The expanded e-commerce strategy is in direct response to the rapidly changing purchasing habits of a wide segment of consumers. In this time of ‘physical distance’, on-line shopping has increased significantly and is expected to continue this trend. Company Branded products available on-line will include; Natera Hemp Foods(TM); Chii Hemp Foods(TM); and Natera Sport(TM) products such as the recently launched curcumin-based supplement, ProCurc(TM). E-commerce accounts have been established and inventory sent to Amazon for distribution. Naturally Splendid will provide updates as more Company Branded products become available at Amazon. AMZing Marketing CEO and founder Mr. Tim Wong states, “Naturally Splendid develops high- quality, nutritious, healthy...
https://investingnews.com/daily/cannabis-investing/naturally-splendid-to-launch-…
04/01/2020 - 8:37am
Mota Raises $1.7 Million in Private Placement
(Acquisition, Cannabis, CBD, Colombia, Distribution, Events, Growing, Investing, Investors, Law, Management, Production, Products, Regulations, Vertically Integrated, Funding) Mota Ventures Corp. (CSE: MOTA )(FSE:1WZ:GR)(OTC:PEMTF) (the “Company”) is pleased to announce that it has completed an offering (the “Offering”) of 6,142,859 units (each, a “Unit”) by way of non-brokered private placement at a price of $0.28 per Unit for gross proceeds of $1,720,000. Each Unit consists of one common share of the Company, and one common share purchase warrant (each, a “Warrant”) exercisable to acquire an additional share at a price of $0.38 for a period of twenty-four months. The Company anticipates utilizing the proceeds of the Offering to further develop and market products under the First Class CBD brand, and provide support for ongoing operations of Sativida, and for general working capital purposes. In connection with completion of the Offering, the Company has issued 178,215 Shares to certain arms-length parties who assisted in facilitating the Offering. “It is a major accomplishment for the Company to be able to raise capital during this uncertain time in the...
https://investingnews.com/daily/cannabis-investing/mota-raises-1.7-million-in-pr…
04/01/2020 - 8:20am
IMLFF
 InMed Pharmaceuticals Inc. (IMLFF) Announces Completion of Initial Phase 1 Clinical Trial
(Cannabis, CBN, Development, Events, IMLFF, InMed Pharmaceuticals Inc., Investments, Law, Management, Manufacturing, Netherlands, Production, Products, Stocks, Testing, Pharmaceuticals) InMed Announces Completion of Initial Phase 1 Clinical Trial of INM-755 CBN Cream in Healthy Subjects InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (TSX:IN; OTCQX:IMLFF), a clinical stage pharmaceutical company developing medications targeting diseases with high unmet medical need and leading the way in the clinical development of cannabinol (“CBN”), today announced that all subjects participating in its 755-101-HV Phase 1 clinical trial have completed treatment and clinical evaluation. Study 755-101-HV is a randomized, vehicle controlled, double-blind, Phase 1 trial, examining the safety and tolerability of two strengths of INM-755 cream in 22 healthy adult volunteers over a 14-day treatment period. With treatment completed, InMed continues to anticipate reporting final study results in the second half of calendar 2020. “The end of the treatment phase is an exciting milestone and we now progress into sample analysis and data review,” said Alexandra Mancini , Senior Vice...
https://marijuanastocks.com/imlff-announces-completion-of-initial-phase-1-clinic…
04/01/2020 - 7:04am
CGC, TWMJF
Canopy Growth Announces Changes to its Board of Directors
(AbbVie Inc., Alcohol, Canada, Cannabis, Canopy Growth Corporation, CGC, Development, Events, Genetics, Growing, Hemp, Media, New York, Partnerships, Production, Products, Research, Retail Stores, Subsidiaries, Tweed Marijuana Inc, TWMJF, United States) Terry Yanofsky and David Lazzarato appointed as John Bell and Peter Stringham retire from the CGC Board. SMITHS FALLS, ON—Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) is pleased to announce that Ms. Terry Yanofsky and Mr. David Lazzarato have been appointed to the Company’s Board of Directors, effective immediately. “It is my pleasure to welcome both Terry and David to the board,” said Judy Schmeling, Chair of the Board of Directors, Canopy Growth. “Their leadership and experience in highly competitive industries will be instrumental as we focus the business and evolve into an execution-driven operating company. I also want to thank outgoing board members, Peter Stringham and John Bell, for their contribution and service to the board during times of rapid expansion and growth.” John Bell is the former Lead Director and Peter Stringham Chaired the Corporate Governance, Compensation and Nominating Committee. Ms. Yanofsky has extensive experience...
https://www.canopygrowth.com/investors/news-releases/canopy-growth-announces-cha…
04/01/2020 - 6:24am
ABT
NY gov says legal cannabis likely not in budget (Newsletter: April 1, 2020)
(Abbott Laboratories, ABT, California, Cannabis, CBD, Events, Food, Illinois, Investment, Iowa, Legalization, Massachusetts, Medical Marijuana, Minnesota, New York, New Zealand, Ohio, Oklahoma, Products, Recreational, Rhode Island, Science, Testing, Tracking, United States, Vaporizers, Vaporizers, Dispensaries) Mass. gov defends rec marijuana closures; Coronavirus impedes drug reform ballot measures; Former NFL player slammed for CBD COVID claims Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you're human: Your support makes Marijuana Moment possible… By starting a $10 per month pledge on Patreon —or about 45 cents per issue of this newsletter—you can help us rely less on ads to cover our expenses, hire more journalists and bring you even more marijuana news. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW New York Gov. Andrew Cuomo (D) said it’s “not likely” marijuana legalization will be in the budget due Wednesday, explaining that it is “something...
https://www.marijuanamoment.net/ny-gov-says-legal-cannabis-likely-not-in-budget-…
03/31/2020 - 11:06pm
STACKED Festival 2019 Teaser
(Events) Teaser Animation featuring 3D Logo design and motion graphics by yours truly for Blueprint Events. The festival featured Canadian artists Excision, BTSM, Whipped Cream, Gammer, We Are Fury. Cast: Caspian Kai Tags: abstract , excision , 3d motion graphics , 420 , music festival , festival , events , blueprint , stacked and music industry
https://vimeo.com/402802161
03/31/2020 - 4:05pm
/r/weedstocks After Hours Discussion - [March 31, 2020]
(Bar, Events, Investing, Research) Welcome to /r/weedstocks After Hours Discussion New to Reddit? Read This . New to r/weedstocks ? Read This . Want to start trading? Read This . Use the search bar before asking any question. All questions that can be answered by these resources may be removed. Looking for research resources about which company to invest in? Please refer to our sidebar -- specifically our featured Investing References -- to help you in your research process. This thread is intended for discussion about today's earlier events or news that impacted the sector and/or specific companies. Please remember proper reddiquette when participating in the discussion. As always, rule #1 ("be kind and respectful") will be strictly enforced here to prevent any uncivil discussion and personal attacks. submitted by /u/AutoModerator [link] [comments]
https://www.reddit.com/r/weedstocks/comments/fsk5x3/rweedstocks_after_hours_disc…
03/31/2020 - 3:01pm
With 4/20 events cancelled, pot company promotes Bogarting | Coronavirus - coloradopolitics.com
(Events) With 4/20 events cancelled, pot company promotes Bogarting | Coronavirus coloradopolitics.com
https://www.coloradopolitics.com/coronavirus/with-4-20-events-cancelled-pot-comp…
03/31/2020 - 2:19pm
Marijuana Legalization ‘Not Likely’ In New York Budget, Governor Says On Eve Of Deadline
(Arizona, California, Cannabis, Connecticut, Events, Legalization, Medical Marijuana, Missouri, Nebraska, New Jersey, New York, Oregon, Regulations, United States, Washington) Marijuana legalization is “not likely” to be included in the final budget in New York, Gov. Andrew Cuomo (D) said on Tuesday, explaining that the issue proved too complicated as the state grapples with the coronavirus. Another sign that the policy change isn’t happening as Cuomo and advocates had planned comes from a pair of newly revised budget bills that exclude the proposal, making it all but certain that legalization won’t make the final cut. “Too much, too little time,” the governor said of the proposal during a press conference. Watch Cuomo’s cannabis comments in the video below: Later in the day, Cuomo expanded on why legal cannabis likely would be left out of the budget in a radio interview. “We’re not going to get there. I don’t believe we get there because in truth that is something that had to be talked through and worked through, and the legislature wasn’t here. I was doing this COVID virus,” he told WAMC’s Alan Chartock. “That requires time to do it right.” “That is not a...
https://www.marijuanamoment.net/marijuana-legalization-not-likely-in-new-york-bu…
03/31/2020 - 11:08am
CBCA
Asterion Signs DAA for $400 Million
(Australia, Belgium, Biotechnology, Canada, Cannabis, Cannabis Capital Corp, CBCA, Development, Events, Facilities, Financing, Investing, Investment, Investors, Law, Management, Manufacture, Medical Marijuana, Pharmaceutical Grade, Production, Products, Regulations, Research, Strains, United States, Pharmaceuticals, Cultivation, Funding) Asterion Cannabis Inc. (“Asterion” or the “Company”), announces that the Company and its wholly-owned Australian subsidiary, Asterion (Australia) Pty Ltd., (“Asterion (Australia)”), has entered into an exclusive Definitive Association Agreement (DAA) on March 30, 2020, to finalize the development, construction, maintenance and financing of the first ($400 million) phase of its facilities in Toowoomba, Queensland, Australia (“Project”) with entities within the Watpac Limited group (“Watpac”). Watpac is a large and well-known contractor in Australia and part of the BESIX Group, a global construction, property development and concessions company. The DAA sets out a process for the parties to rapidly enter into Design and Construct and Facilities Maintenance agreements (or agreements of similar nature). As part of the DAA Watpac will work with Asterion to finalise acceptable standard Australian commercial terms for these agreements and separately investigate opportunities for investment...
https://investingnews.com/daily/cannabis-investing/asterion-signs-daa-for-400-mi…
03/31/2020 - 10:17am
Primo Nutraceuticals Signs LOI to enter in to Funding and Share Purchase Agreement for 25 Percent with Beauty Kitchen
(Acquisition, Branding, Canada, Cannabis, CBD, Celebrities, Cosmetics, Development, Distribution, Edibles, Events, Financing, Growing, Hemp, Investing, Management, Media, Nevada, New York, Nutraceuticals, Partnerships, Processing, Production, Products, Social Media, United States, Cultivation, Funding, Real Estate) Primo Nutraceuticals Inc. (CSE: PRMO , OTC:BUGVF, FSE:8BV, DEU:8BV, MUN:8BV, STU:8BV) (“Primo” or the “Company”) is pleased to announce that it has signed a letter of intent (“LOI”) with Heather Marianna, LLC parent company of (“Beauty Kitchen”) a Nevada company. The Board of Directors of Primo have approved, in principle, a proposal to acquire and raise funding in respect of its interests in the “Beauty Kitchen” projects into a newly incorporated subsidiary. Beauty Kitchen proposes a transaction whereby its management team (and affiliates) incorporates a Canadian corporation, tentatively called “Marianna, Inc.” to receive exclusive Canadian distribution rights to its CBD infused and non-CBD infused products in handmade beauty care, personal care, and cosmetic products. Primo will acquire ownership interest of a minimum of 25% in the newly incorporated subsidiary. Beauty Kitchen is a company that manufactures fresh handmade beauty care, personal care, and cosmetics products, which was...
https://investingnews.com/daily/cannabis-investing/primo-nutraceuticals-inc-sign…
03/31/2020 - 9:29am
MJNA
 Medical Marijuana, Inc. (MJNA) Expands Popular CBD Oil Tincture Line with Two New Flavors
(Argentina, Brazil, California, Cannabis, CBD, Development, Distributor, Events, Food, Hemp, Investment, Investments, Investors, Media, Medical Marijuana, Medical Marijuana Inc, Mexico, MJNA, Paraguay, Products, Research, Stocks, United States, Industrial Hemp, Pharmaceuticals) HempMeds®, Subsidiary of Medical Marijuana, Inc., Expands Popular CBD Oil Tincture Line with Two New Flavors 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 subsidiary HempMeds® has expanded its popular line of naturally flavored Dixie Botanicals® Dew Drops Cannabidiol (CBD) Oil Tinctures to include strawberry and tangerine. “Our bodies have a natural endocannabinoid system and many of us are endocannabinoid deficient, which hinders that system from bringing our bodies to homeostasis,” said Dr. Stuart Titus, CEO of Medical Marijuana, Inc. “Easy-to-take products like the Dew Drops CBD Oil Tinctures provide a simple, convenient way to take care of our bodies.” Dixie Botanicals® Dew Drops CBD Oil Tinctures, including the new strawberry and tangerine flavors, are naturally flavored and...
https://marijuanastocks.com/mjna-expands-popular-cbd-oil-tincture-line-with-two-…
03/31/2020 - 8:46am
VLNCF
The Valens Company Receives Conditional Approval to Graduate to the TSX
(Beverage, Canada, Cannabis, Cannabis and Hemp, Development, Edibles, Events, Extraction, Hemp, Investing, Investment, Investors, Law, Management, Manufacturing, Product Development, Products, Science, Testing, Topicals, Valens, Valens GroWorks, Valens GroWorks Corp, VLNCF) Valens GroWorks Corp. (TSXV: VLNS , OTCQX:VLNCF) (the “Company”, “Valens” or “The Valens Company”), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, is pleased to announce it has received conditional approval from the Toronto Stock Exchange (“TSX”) to uplist from the TSX Venture Exchange (“TSXV”) to the TSX. “Graduating to the TSX represents a significant milestone in our efforts to broaden our appeal to a larger shareholder base and raise the company’s profile among the investment community,” said Tyler Robson, CEO of The Valens Company. “Coming off a record year of growth for the company, this uplisting will work to enhance the liquidity of our stock and enable us to continue building long-term shareholder value.” Final approval of the listing is subject to the Company fulfilling any remaining conditions as required by the TSX. The Company expects to satisfy all of the requirements and will issue a statement once a trading...
https://investingnews.com/daily/cannabis-investing/the-valens-company-receives-c…
03/31/2020 - 8:35am
Weekend Unlimited Expands Branded Product Portfolio in Oklahoma to Meet Rising Demand
(Acquisition, Bar, Cannabis, CBD, Development, Distribution, Events, Investing, Management, Medical Marijuana, Oklahoma, Partnerships, Product Development, Production, Products, Recreational, Regulations, United States, THC, Dispensaries, Recreational Cannabis) Weekend Unlimited Industries Inc. (“Weekend” or the “Company”) (CSE: POT , FSE:0OS1, OTCQB:WKULF) is pleased to provide an update on the growth of its branded product line and sales team in Oklahoma. Having begun sales in late 2019, Weekend branded products are now in over 75 dispensaries in the state and expanding presence daily. Oklahoma was identified as an up and coming market, a focus for the Company’s strategic plan – to develop products to meet the demands within individual markets, establish a foothold and operate in an agile manner with the best partners, creating the right branded product mix for each market. Ultimately, the Company is designed to leverage the core branded products to expand into up and coming states and to replicate the responsive model. In Oklahoma Weekend has added two highly experienced cannabis sales representatives to its team to manage and grow the Company’s expanding retail relationship network. “Oklahoma is proving to be an ideal growth market for...
https://investingnews.com/daily/cannabis-investing/weekend-unlimited-expands-bra…
03/31/2020 - 8:24am
CLS Holdings USA, Inc. (CLSH) Shares Corporate Response to COVID-19 and February Financial Results
(Cannabis, Consultations, Consulting, Consulting Services, Distribution, Events, Facilities, Growing, Investments, Law, Manufacture, Manufacturing, Monaco, Nevada, Processing, Processing Facilities, Production, Products, Regulations, Stocks, Subsidiaries, United States, THC, Dispensaries, Cultivation) CLS Holdings Shares Corporate Response to COVID-19 and February Financial Results of its Nevada Operations CLS Holdings USA, Inc. (CLSH)(CLSH)(“CLS” or “the Company”), a diversified, integrated cannabis producer and retailer, announced that the February 2020 gross profit of its Nevada operations increased by approximately 24% from last year, jumping from over $928,000 in February 2019 to $1.1 million in February 2020. Additionally, the Company’s Oasis subsidiary experienced a 129% increase in the number of customers served from 10,420 in February 2019 to 23,878 last month. CLS increased its gross profit by almost 64% and its gross margin by 32.2%, from 38.50% in February 2019 to 50.91% in February 2020. “CLS’ Nevada operations are in solid financial standing and our revenue is growing at a pace that allows us to continue all of our initiatives without the need for any additional capital infusion,” said Jeffrey Binder, Chairman/CEO “Our retail and manufacturing teams have taken...
https://marijuanastocks.com/clsh-shares-corporate-response-to-covid-19-and-febru…
03/31/2020 - 8:24am
Ignite Expands Its CBD Product Lineup and introduces CBD Skincare Product Line in United Kingdom Trade Channels
(Cannabis, Cannabis and Hemp, CBD, Distributor, Events, Hemp, Investing, Law, Management, Manufacturer, Marketing, Oils, Products, Topicals, United Kingdom, United States) Ignite International Brands, Ltd. (CSE: BILZ , OTCQX:BILZF) (“IGNITE” or the “Company”), a global consumer packaged goods brand, is pleased to announce that it is expanding its partnership with UK manufacturer and distributor Taylor Mammon to add new CBD products, including roll-ons, bath bombs, tattoo cream, moisturizers, creams, serums and body oils which make up the exciting new skincare product line. In conjunction with Taylor Mammon, IGNITE is also expanding its existing range of tinctures to offer different levels of potency and will also begin to offer 10ml CBD e-liquids for vape devices in the UK. “It’s important to us and our partners that we continue to innovate and grow the IGNITE brand with new innovative products. We’re excited to be able to introduce a new line of skincare products that we know will introduce the IGNITE brand to a new audience,” said Curtis Heffernan, President of IGNITE. “Our business relationship with Taylor Mammon has been a great one for us in the...
https://investingnews.com/daily/cannabis-investing/ignite-expands-its-cbd-produc…
03/31/2020 - 8:14am
GSML, VFF
Village Farms International, Inc. (VFF) Announces Expansion of Pure Sunfarms’ Credit Facility with Existing Lender by up to $59 Million
(Arkansas, Canada, Cannabis, Cannabis and Hemp, CBD, Compliance, Events, Extraction, Financing, Greenhouses, Grower, Growers, Growing, GSML, Hemp, Hemp Industries, Investments, Joint Ventures, Law, Management, Mexico, Production, Stocks, Texas, United States, Vertically Integrated, VFF, Village Farms, Village Farms International, Cultivation) Village Farms International Announces Expansion of Pure Sunfarms’ Credit Facility with Existing Lender by up to $59 Million 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 expanded its credit facility with its existing lender to $59 million, including accordion provisions of $22.5 million. The expanded credit facility (the “Credit Facility”) consists of a $7.5 million revolving operating loan (the “Revolver”) and a $10 million term loan (the “New Term Loan”), in addition to its existing $19 million term loan (the “Existing Term Loan”). The New Term Loan is specifically designated for the 1.1 million square foot Delta 2 greenhouse while the Existing Term Loan is specifically designated for the 1.1 million square foot Delta 3 greenhouse facility. (All figures are in Canadian dollars.) The $7.5 million Revolver and...
https://marijuanastocks.com/vff-announces-expansion-of-pure-sunfarms-credit-faci…
03/30/2020 - 10:06pm
Cannabis Leaders to Speak at Virtual Town Hall Event
(Cannabis, Events) As Coronavirus-induced quarantine measures are preventing more than a handful of people congregating at once, the cannabis industry has found a work-around – hosting a town hall event online. Coronavirus has caused virtually every event in the world to be delayed or entirely canceled. Major sporting events have been canceled, the Olympics has been postponed, […] The post Cannabis Leaders to Speak at Virtual Town Hall Event appeared first on The Green Fund .
https://thegreenfund.com/cannabis-leaders-to-speak-at-virtual-town-hall-event
03/30/2020 - 8:12pm
CWBHF
Charlotte’s Web Has New COO
(CBD, Colorado, CWBHF, Development, Distribution, Events, Extraction, Facilities, Genetics, Hemp, Management, Manufacturing, Production, Products, Topicals, United States, Extracts, Pharmaceuticals) Colorado-based CBD maker Charlotte’s Web has named a new chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global supply chain experience” at businesses including Estee Lauder Company, Campbell Soup Co., and Tyco Healthcare/Covidien. Lermer left the company exactly one year after starting his job.Panter will report to Deanie Elsner, Charlotte’s Web CEO. Charlotte’s Web Holdings lost $18.8 million last quarter, a plunge of 688% from the same period in 2018. Charlotte’s Web trades on the Toronto Stock Exchange as CWEB . Colorado-based Charlotte’s Web hires new chief operating officer THE FULL PRESS RELEASE Charlotte’s Web Names David Panter as Chief Operating Officer NEWS PROVIDED BY Charlotte’s Web Holdings, Inc. Mar 30, 2020, 09:07 ET Market Leading Hemp-Derived CBD Brand Enters into Next Phase of Growth and...
https://cannabislaw.report/charlottes-web-has-new-coo/
03/30/2020 - 4:05pm
/r/weedstocks After Hours Discussion - [March 30, 2020]
(Bar, Events, Investing, Research) Welcome to /r/weedstocks After Hours Discussion New to Reddit? Read This . New to r/weedstocks ? Read This . Want to start trading? Read This . Use the search bar before asking any question. All questions that can be answered by these resources may be removed. Looking for research resources about which company to invest in? Please refer to our sidebar -- specifically our featured Investing References -- to help you in your research process. This thread is intended for discussion about today's earlier events or news that impacted the sector and/or specific companies. Please remember proper reddiquette when participating in the discussion. As always, rule #1 ("be kind and respectful") will be strictly enforced here to prevent any uncivil discussion and personal attacks. submitted by /u/AutoModerator [link] [comments]
https://www.reddit.com/r/weedstocks/comments/fry513/rweedstocks_after_hours_disc…
03/30/2020 - 3:32pm
DC Activists Have A New Plan To Get Psychedelics Decriminalization On The Ballot Despite Coronavirus
(Arizona, California, Cannabis, Events, Exploring, Law, Legalization, Medical Marijuana, Missouri, Nebraska, New York, Oregon, United States, Washington) Activists in Washington, D.C. are considering a new strategy to get a measure to decriminalize psychedelics on the November ballot, with the coronavirus outbreak having forced them to suspend in-person signature gathering . While Decriminalize Nature D.C. hoped that officials would pass emergency legislation allowing the digital collection of signatures , they aren’t actively considering that option. And the District Council’s chairman said he would not simply place the initiative on the ballot for voters to decide regardless of the signature count. That’s left the group in a challenging position. But they’re not out of ideas yet. Now the campaign is exploring the possibility of conducting “micro-scale petition signature collection” to make the ballot. The plan would involve having petitions mailed to supporters, who would circulate it and collect signatures from “registered DC voters in their immediate vicinity, such as family, roommates, friends and close-by neighbors” and then...
https://www.marijuanamoment.net/dc-activists-have-a-new-plan-to-get-psychedelics…