Management News

03/30/2020 - 1:45pm
Medical Mushroom Company Champignon Brands To Acquire Tassili Life Sciences
(Acquisition, CBD, Delivery Systems, Development, Management, Research, Patents, Pharmaceuticals, Intellectual Property) Medicinal mushroom company Champignon Brands Inc. (CSE: SHRM) has entered into a definitive agreement to acquire Tassili Life Sciences Corp. in an all-stock deal. Tassili will receive 16 million shares, which is roughly C$7.3 million. The acquisition will expand Champignon’s preclinical trial pipeline, as well as its aggregation of broad intellectual property related to the development of novel psychedelics therapeutics and their delivery systems, targeting multiple pathological psychological diseases. Tassili working to develop effective psilocybin-based therapeutics for the treatment of mild traumatic brain injuries (mTBI) and/or post-traumatic stress disorder (PTSD). The company is doing this in partnership with a multidisciplinary team of scientists and physicians at the University of Miami. TRIALS UNDERWAY Under a collaborative research agreement with the University of Miami’s Miller School of Medicine, Tassili will conduct preclinical studies and eventually human clinical trials...
https://www.greenmarketreport.com/medical-mushroom-company-champignon-brands-to-…
03/30/2020 - 10:18am
RAMM Pharma Corp. Announces Postponement of Filing of Interim Financial Statements
(Cannabis, Development, Distribution, Events, Investing, Law, Management, Manufacturer, Manufacturing, Product Development, Production, Products, Recreational, Regulations, Subsidiaries, Uruguay, Recreational Cannabis, Pharmaceuticals, Cultivation) RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE: RAMM ), a leader in plant-derived cannabinoid pharmaceutical products, announces that pursuant to the blanket relief granted by the Canadian Securities Administrators it will not be filing its interim financial statements for the quarter ended January 31, 2020, and the related management’s discussion and analysis, as required by Parts 4 and 5 of National Instrument 51-102 – Continuous Disclosure Obligations (collectively, the “Interim Filings”) by the filing deadline of March 31, 2020. The Company expects to report results within the next two weeks, and is afforded a postponement up to a maximum 45-day extension pursuant to blanket relief for all market participants granted by the Canadian Securities Administrators. The Company’s primary focus during these difficult times is ensuring a safe and healthy environment for its workforce, and to continue to implement and enforce additional...
https://investingnews.com/daily/cannabis-investing/ramm-pharma-corp-announces-po…
03/30/2020 - 9:28am
CWBHF
Charlotte’s Web Holdings, Inc. (CWEB) (CWBHF) Names David Panter as Chief Operating Officer
(Cannabis, CBD, CWBHF, Development, Distribution, Events, Extraction, Facilities, Genetics, Hemp, Investments, Management, Manufacturing, Production, Products, Stocks, Topicals, Extracts, Pharmaceuticals) Charlotte’s Web Names David Panter as Chief Operating Officer (TSX: CWEB, OTCQX: CWBHF) Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the world’s most trusted hemp extract and market leader in hemp-derived cannabidiol (“CBD”) wellness products, is pleased to announce that David Panter has joined the Company as Chief Operating Officer, effective March 30, 2020 . Mr. Panter brings over 20 years of broad global supply chain experience at leading cosmetic, agriculture, pharmaceutical, medical device and consumer packaged goods (CPG) companies, including Estée Lauder Company, Luxottica Retail, Campbell Soup Company, and Tyco Healthcare/Covidien. Most recently, at Estée Lauder Company, Mr. Panter was responsible for optimizing the global supply chain including the manufacturing locations and distribution networks in North America , Europe , Asia Pacific and Latin America . Throughout his successful career, he has led manufacturing facilities, quality, distribution and...
https://marijuanastocks.com/cweb-cwbhf-names-david-panter-as-chief-operating-off…
03/30/2020 - 9:16am
FFNTF
4Front Ventures Announces Management Changes, Updated Capital Plan and Strong Business Performance | INN - Investing News Network
(4Front Ventures Corp., FFNTF, Investing, Management) 4Front Ventures Announces Management Changes, Updated Capital Plan and Strong Business Performance | INN Investing News Network
https://investingnews.com/daily/cannabis-investing/4front-ventures-announces-man…
03/30/2020 - 9:02am
FFNTF
4Front Ventures Announces Management Changes, Updated Capital Plan and Strong Business Performance
(4Front Ventures Corp., FFNTF, Management) submitted by /u/j0dd [link] [comments]
https://www.reddit.com/r/weedstocks/comments/frqe8p/4front_ventures_announces_ma…
03/30/2020 - 8:49am
TGIFF
1933 Industries Inc. (TGIFF) (TGIF.CN) Marks the Beginning of Continuous Cultivation in Nevada
(California, Cannabis, CBD, Colorado, Events, Extraction, Genetics, Growing, Hemp, Investments, Law, Management, Manufacturing, Nevada, Processing, Production, Products, Recreational, Regulations, Stocks, Strains, Subsidiaries, Testing, TGIFF, Topicals, United States, Vertically Integrated, Lab Testing, Licensee, Dispensaries, Recreational Cannabis, Cultivation) 1933 Industries Marks the Beginning of Continuous Cultivation in Nevada with Second Harvest of Cannabis Plants Underway 1933 Industries Inc. (the “Company” or “1933 Industries”) (TGIF.CN) (TGIFF), a vertically-integrated cannabis consumer packaged goods company, is pleased to announce that it has begun its second harvest of cannabis plants from its cultivation facility located in Las Vegas , marking the beginning of continuous harvests in Nevada . “This is an important milestone for our Company as we move into full production. We have spent several months optimizing the new Las Vegas facility, enhancing our genetics programme to develop varieties of strains and cultivars to meet the demands of our consumers and we are pleased with our progress to date. With the surge in demand during the COVID-19 pandemic, we are working closely with the dispensaries and responding to our clients’ needs. We will be utilizing the current harvest for the production of our AMA branded concentrates and...
https://marijuanastocks.com/tgiff-tgif-cn-marks-the-beginning-of-continuous-cult…
03/30/2020 - 8:46am
FFNTF
4Front Ventures Corp. (FFNT.CN) (FFNTF) Announces Management Changes
(4Front Ventures Corp., Acquisition, Arizona, Branding, California, Cannabis, Events, Facilities, FFNTF, Financing, Genetics, Illinois, Investing, Investment, Investments, Law, Legalization, Management, Manufacturing, Marketing, Maryland, Massachusetts, Media, Michigan, Monitoring, Pennsylvania, Production, Products, Regulations, Retail Stores, Software, Stocks, United States, Washington, Wisconsin, Cultivation) 4Front Ventures Announces Management Changes, Updated Capital Plan and Strong Business Performance 4Front Ventures Corp. (FFNT.CN) (FFNTF) (“4Front” or the “Company“) announced today that as part of its focus on continually increasing operational excellence, reducing capital and operating expenses, and achieving positive cash flow in the second half of 2020, a number of changes have been put in place. The Company also announced strong business trends, corporate overhead reductions and divestiture of non-core assets. In order to further the focus on operational excellence, the Company’s Board of Directors appointed Leo Gontmakher , previously Chief Operating Officer, to the position of Chief Executive Officer. Former CEO Josh Rosen , will transition to Executive Chairman of the Board of Directors. Nicolle Dorsey , former Executive Vice President of Finance will become the Company’s Chief Financial Officer, replacing former CFO Brad Kotansky . Mr. Gontmakher co-founded Northwest...
https://marijuanastocks.com/ffnt-cn-ffntf-announces-management-changes/
03/30/2020 - 8:41am
HEXO
Hexo Reports Staggering Quarterly Loss Of C$289 Million
(Canada, Cannabis, Distribution, Extraction, HEXO, Management, Marketing, Packaging, Production, Products, Testing, Cultivation) HEXO Corp. (NYSE: HEXO) reported a staggering net loss of C$289 million for fiscal 2020 second-quarter ending January 31, 2020. The net revenue for Hexo increased 17% to $17 million from $14.5 million in the first quarter. The earnings are reported in Canadian dollars. The loss from operations for the quarter was $289.4 million, compared with a loss of $60.6M in the prior period. The company said that excluding non-cash write-downs and impairment charges in the quarter, the adjusted net loss was ($23.2M) compared with ($34.0M) in Q1’20. This was basically one of those kitchen sink quarters. The company just tossed everything but the kitchen sink into the loss column and just ripped the bandaid off. “We have continued our focus on improving our operations and expanding distribution across Canada. Our strategy with Original Stash has demonstrated that we can directly compete with the black market,” said Sebastien St-Louis, CEO, and co-founder of HEXO Corp. “The industry continues to see...
https://www.greenmarketreport.com/hexo-reports-staggering-quarterly-loss-of-c289…
03/30/2020 - 8:20am
Cronos Group Inc. (CRON) to Report 2019 Fourth Quarter and Full-Year Financial Results
(Canada, Cannabis, CBD, Development, Distribution, Events, Hemp, Investment, Investments, Management, Product Development, Production, Research, Stocks) Cronos Group Inc. to Report 2019 Fourth Quarter and Full-Year Financial Results on March 30, 2020 Cronos Group Inc. (CRON.TO) (CRON.TO) (“Cronos Group” or the “Company”) will report its 2019 Fourth Quarter and Full-Year Financial Results on Monday, March 30, 2020 after the close of trading on NASDAQ. The Company will host a conference call to discuss these results, its outlook and other matters on Monday, March 30, 2020 at 5:30 p.m. EDT. Cronos Group’s senior management team will discuss its financial results and will be available for questions from the investment community after prepared remarks. A live audio webcast of the earnings call will be available on the Company’s website at https://ir.thecronosgroup.com/events-presentations . Participants may also listen via telephone by dialing (866) 795-2258 toll-free from the U.S. and Canada, or (409) 937-8902 if dialing from outside the U.S. and Canada, with passcode: 6999389. The webcast of the call will be archived for replay on the...
https://marijuanastocks.com/cron-to-report-2019-fourth-quarter-and-full-year-fin…
03/30/2020 - 8:10am
CB2 Insights Launches Industry’s First Medical Cannabis Insights Dashboard for All Medical Cannabis Stakeholders
(Cannabis, Colorado, Connecticut, Development, Education, Events, Financing, Investing, Investors, Law, Maine, Management, Maryland, Massachusetts, Medical Marijuana, Monitoring, New Jersey, Pennsylvania, Recreational, Regulations, Research, Software, Training, United States, Pharmaceuticals) CB2 Insights (CSE: CBII , OTCQB:CBIIF) (“CB2” or the “Company”), a leading data-driven company focused on bringing real-world evidence driven from the point-of-care to the medical cannabis community, has launched the medical cannabis industry’s first interactive dashboard which gives any industry stakeholders access to key patient insights derived from the Company’s clinical operations. The tool (link: https://cb2insights.ca/data ) is free to use and was created in order to answer hundreds of inbound questions from global industry stakeholders including government agencies and major research groups. The dashboard also allows users to submit additional data requests directly to the Company’s research and data team. “Over the last several months, we have seen hundreds of requests for data and insights from stakeholders such as government bodies, researchers, pharma companies, physicians, hospital networks, cultivators, and the list goes on,” said Prad Sekar, CEO of CB2 Insights. “This...
https://investingnews.com/daily/cannabis-investing/cb2-insights-launches-industr…
03/30/2020 - 7:59am
HEXO
Hexo Corp (HEXO) reports second quarter fiscal 2020 financial results
(Beverage, Canada, Cannabis, Distribution, Edibles, Events, Extraction, Facilities, HEXO, Investment, Investments, Law, Management, Manufacturing, Marketing, Media, Medical Marijuana, Monitoring, Packaging, Production, Products, Research, Stocks, Testing, Topicals, Extracts, Cultivation) HEXO Corp reports second quarter fiscal 2020 financial results Key Operating Highlights Net Revenue increased 17% to $17.0M from $14.5M in Q1 Adult-use grams and gram equivalents sold increased 57% to 6,579 kg compared to prior quarter Production levels increased to 22,305 kg from 16,107 kg in the previous quarter. Expanded Original Stash market distribution to Ontario, British Columbia and Alberta Obtained Phase 1 licence for Belleville facility Obtained sale of cannabis topicals, extracts, edibles and beverages licence for Gatineau facility, and a research licence for the Company Closed a $70M private placement of 8% unsecured convertible debentures, including key management and board participation of over 10% Closed two registered direct offerings totalling USD$45 Million OTTAWA, March 30, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (TSX: HEXO; NYSE: HEXO) (“HEXO” or the “Company”) today reported its financial results for the second quarter fiscal 2020 ended January 31, 2020. All amounts...
https://marijuanastocks.com/hexo-reports-second-quarter-fiscal-2020-financial-re…
03/30/2020 - 7:56am
World Class Extractions Reports Operating and Financial Results for the Nine-Month Period Ended January 31, 2020
(Acquisition, Cannabis, Cannabis and Hemp, Consulting, Development, Events, Extraction, Facilities, Financing, Hemp, Investing, Law, Loans, Management, Marketing, Oils, Processing, Product Development, Products, Research, United States, Intellectual Property) World Class Extractions Inc. (“World-Class” or the “Company”) (CSE: PUMP , OTCQB:WCEXF, FRA:WCF) is pleased to report the operating and financial results for its third quarter ended January 31, 2020. Financial (unaudited) The Company had cash at January 31, 2020 of $7,469,714 (April 30, 2019 – $16,002,152) to settle current liabilities of $1,352,657 (April 30, 2019 – $325,281). Working capital as at January 31, 2020 is $13,363,057. The Company does not have any loans, convertible debt or long-term debt. Revenue of $75,562 for the quarter ended January 31, 2020 compared to nil revenue for the quarter ended January 31, 2019. Gross margin for the quarter ended January 31, 2020 was 40%. The net loss and comprehensive loss for the three months ended January 31, 2020 was $33,144,217 (as compared to January 31, 2019 of $3,585,161). The increased loss for the quarter is mainly attributed to the following: due to uncertainty in the realization of future economic benefits from the intellectual...
https://investingnews.com/daily/cannabis-investing/world-class-extractions-repor…
03/30/2020 - 7:47am
Mota Ventures Successful Immune Line Launch Signs Up Over 5,500 New Customers in 12 Days
(Acquisition, Advertising, Cannabis, CBD, Colombia, Consulting, Development, Distribution, Events, Growing, Investing, Law, Management, Media, Oils, Production, Products, Regulations, Vertically Integrated) Mota Ventures Corp. (CSE: MOTA , FSE:1WZ:GR, OTC:PEMTF) (the “Company” or “Mota”) is pleased to announce that since the launch of its Immune Support product line on March 14, 2020, the Company has acquired over 5,500 new customers seeking natural solutions to help support their family’s immune systems. The popularity of the primary product has yielded an average initial order value for immune support customers of $189.00 USD. Earlier this week the Company introduced an Immune CBD oil and Elderberry Gummies. The new Immune CBD product contains CBD, B3, B12, vitamin C and zinc and is made from 100% pure essential oils containing cinnamon leaf, lemon, clove bud, lime, eucalyptus, globulus, rosemary, peppermint, spearmint and oregano. The Company has acquired over 50,000 new customer inquiries for Immune Support/CBD products since March 14, 2020. The Immune Support line is gaining interest from customers that historically were hesitant to purchase CBD, but are now interested in the Immune...
https://investingnews.com/daily/cannabis-investing/mota-ventures-successful-immu…
03/30/2020 - 4:45am
CGC
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, Management, Maryland, Massachusetts, Medical Marijuana, Mexico, Michigan, 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 March 30. 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...
https://cannabiswire.com/2020/03/30/cannabis-regulators-respond-to-coronavirus-c…
03/30/2020 - 2:56am
BRIEF-Hemp & Wood To Focus Activities On Hemp And Health Sectors
(Hemp, Management) March 30 (Reuters) - Hemp & Wood SA: * NEW MANAGEMENT DECIDES TO FOCUS CO'S ACTIVITIES ON HEMP AND HEALTH SECTORS.
https://www.reuters.com/article/brief-hemp-wood-to-focus-activities-on-h-idUSFWN…
03/29/2020 - 9:17pm
Curaleaf On Upward Trend ?
(Acquisition, Arizona, California, Canada, Cannabis, Connecticut, Consultants, Deals, Development, Events, Facilities, Financing, Florida, Investments, Investors, Jordan, Law, Legalization, Management, Manufacturing, Marketing, Maryland, Massachusetts, Media, Medical Marijuana, Nevada, New York, Ohio, Oregon, Organic, Pennsylvania, Processing, Processing Facilities, Production, Products, Regulations, Research, United States, Utah, Vertically Integrated, Dispensaries, Cultivation, Intellectual Property) According to their latest figures and they say they are hiring too. “In fiscal 2019, the Curaleaf team delivered record results with our organic business growth and recent strategic acquisitions, solidifying our position as the leading cannabis operator in the United States,” CEO Joseph Lusardi said in a statement. Here’s what they are saying American cannabis operator Curaleaf Holdings, Inc. (CSE: CURA) reported record fourth-quarter revenue while also starting a hiring spree due to increased demand amid the COVID-19 crisis. The Massachusetts-based pot giant released its financial results Tuesday for the fourth quarter and full year ended Dec. 31, reporting record total revenue of US$75.5 million, and US$221 million, respectively. Fourth quarter revenue grew 22 per cent from the previous three-month period, which helped the company post a record adjusted EBITDA of US$13.8 million, which rose 32 per cent sequentially, Curaleaf said. In the 2019 fiscal year, the company said it...
https://cannabislaw.report/curaleaf-on-upward-trend/
03/29/2020 - 8:10pm
Supreme Cannabis To Reduce Cost Structure And Accelerate Profit Growth
(Cannabis, Management) Supreme Cannabis will be implementing a new business structure to support growth and profits over the long-term. The Supreme Cannabis Company, Inc. (TSX: FIRE) today announced the implementation of a new operating structure, including staff reductions, to drive efficiencies and support long-term, profitable growth. As previously announced on January 6, 2020, Supreme Cannabis' board and management team […] The post Supreme Cannabis To Reduce Cost Structure And Accelerate Profit Growth appeared first on The Green Fund .
https://thegreenfund.com/supreme-cannabis-to-reduce-cost-structure-and-accelerat…
03/27/2020 - 3:34pm
Rockwell Medical, Inc. Receives FDA Approval for Triferic® AVNU (Ferric Pyrophosphate Citrate), Intravenous Formulation of Triferic for Replacement of Iron and Maintenance of Hemoglobin in Hemodialysis Patients
(Cannabis, Food, Management) – Enhances Triferic platform by providing patients with greater access to Rockwell Medical’s innovative therapeutic by expanding administration options for clinicians – – Major milestone supports the potential for expanding global adoption of Triferic and transforming the standard of care for anemia management in hemodialysis patients – WIXOM, Mich., March 27, 2020 (GLOBE NEWSWIRE) — Rockwell Medical, Inc. (NASDAQ:RMTI) (“Rockwell Medical” or the “Company”), a biopharmaceutical company dedicated to transforming anemia management and improving outcomes for patients around the world, today announced that the U.S. Food and Drug Administration (“FDA”) has approved its New ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer .
https://potstocknews.com/rockwell-medical-inc-received-fda-approval-for-triferic…
03/27/2020 - 3:30pm
VIVO Cannabis to Host Conference Call for Fourth Quarter 2019 Results
(Canada, Cannabis, Management) This Post Was Syndicated Under License Via QuoteMedia VIVO Cannabis to Host Conference Call for Fourth Quarter 2019 Results Canada NewsWire NAPANEE, ON, March 27, 2020 NAPANEE, ON, March 27, 2020 /CNW/ – VIVO Cannabis Inc. (TSX: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company“) today announced that senior management will host a conference call on Tuesday, March 31, 2020 at 10 a.m. ET to discuss the Company’s fourth quarter 2019 results. Conference call details: DATE: Tuesday, March 31, ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer .
https://potstocknews.com/vivo-cannabis-to-host-conference-call-for-fourth-quarte…
03/27/2020 - 12:13pm
CRTPF
Cardiol Therapeutics Announces Filing of 2019 Year-End Financial Statements and MD and A
(Cannabis, Cardiol Therapeutics, CBD, CRTPF, Development, Management, Production, Pharmaceuticals) Oakville, Ontario–(Newsfile Corp. – March 26, 2020) – Cardiol Therapeutics Inc. (TSX:CRDL)(OTCQX:CRTPF) (“Cardiol” or the “Company“), a leader in the production of pharmaceutical cannabidiol (CBD) and the development of innovative cannabidiol medicines for heart disease, today filed its audited Year-end Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2019. Both are available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.cardiolrx.com . “2019 was a pivotal year for Cardiol Therapeutics,” stated David Elsley, President and CEO. “We attracted industry-leading talent to our management team, world class ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer .
https://potstocknews.com/cardiol-therapeutics-pr/cardiol-therapeutics-announces-…
03/27/2020 - 11:19am
NSPDF
Naturally Splendid Applauds BC’s Essential Services Declaration for Food Industry To Maintain The Food Supply Chain
(Bar, Beverage, Cannabis, Cleaning, Development, Distribution, Events, Extraction, Food, Foods, Hemp, Hemp Food, Hemp Foods, Investing, Management, Manufacturer, Manufacturing, Naturally Splendid Enterprises Ltd., NSPDF, Oils, Production, Products, Regulations) Naturally Splendid Enterprises Ltd. (“Naturally Splendid”, “NSE” or “the Company”) (FRANKFURT:50N) (TSXV: NSP ) (OTC:NSPDF) provides the following update. On March 26, 2020, the BC Provincial Government announced several initiatives in the on-going battle to mitigate the COVID-19 pandemic. Within these initiatives, Mike Farnworth, Minister of Public Safety and Solicitor General declared the Food Supply Chain an essential service. Naturally Splendid CEO Mr. Craig Goodwin states, “I am pleased to say that industry leaders, organizations such as B.C Food & Beverage and the province continue to work together in an effort maintaining the food supply chain. We are stronger as a team and Naturally Splendid is committed to playing our role in these efforts”. B.C. Food & Beverage (BCFB) applauds the announcement by the BC government designating the food and beverage manufacturing sector as an essential service, which will offer more protection to secure the food supply in BC. The...
https://investingnews.com/daily/cannabis-investing/naturally-splendid-applauds-b…
03/27/2020 - 9:29am
ZDPY
Zoned Properties Reports Increase In Revenue For 2019, Expenses Fall
(Cannabis, Investment, Management, ZDPY, Zoned Properties Inc., Real Estate) Cannabis real estate firm Zoned Properties, Inc. (OTCQB: ZDPY) announced its financial results for the year ending December 31, 2019, following the market close on Thursday. Revenues for Zoned Properties were $1.26 million for the year versus $1.24 million for 2018. The company reported that operating expenses were $1.26 million for 2019 versus $3.20 million for 2018, which included a one-time non-cash write-off of $1.85 million related to deferred rent receivables in the second quarter of 2018. “Zoned Properties closed 2019 with a tight capital structure, a clean balance sheet with no toxic debt, and a positive cash position, a rarity among companies operating in the regulated cannabis industry. We have a strong, unleveraged portfolio of triple-net leased properties producing passive rental revenue that are positioned for large-scale expansion and increased value potential. I am extremely excited about our opportunity to utilize the past year’s achievements to scale Zoned Properties...
https://www.greenmarketreport.com/zoned-properties-reports-increase-in-revenue-f…
03/27/2020 - 8:00am
Friday Book Club: The Cannabis Prescription
(Cannabis, Connecticut, Education, Management, Medical Marijuana, Products, Science, Training, United States, Pharmaceuticals) “The Cannabis Prescription: How to Use Medical Marijuana to Reduce or Replace Pharmaceutical Medications” by Colleen Higgins R.PH – Review The rapid growth of the marijuana industry is absolutely amazing to witness but has attracted groups of grifters trying to peddle sub-par products so it is refreshing to review content that originates from a professional pharmacist such as this author, R.PH. Colleen Higgins and see factually based information being shared about the medicinal aspects of cannabis use. There are also plenty of well-meaning folks out there sharing inaccurate information so it is always important to take note of when knowledgeable professionals share their expertise with us. Let’s see what we can learn here today. -Topic Focus- In this book, we have the opportunity to leverage The expertise of the author’s pharmaceutical training to learn more about the science and the specifics surrounding the healing capabilities of cannabis. You can learn more about the wide variety...
https://www.greenmarketreport.com/friday-book-club-the-cannabis-prescription/
03/27/2020 - 7:55am
AgraFlora Organics International Inc. (AGRA) (AGFAF) GTA Facility Receives Amendments Necessary to Launch CBD Business
(Canada, Cannabis, CBD, Edibles, Events, Extraction, Hemp, Investments, Law, Management, Manufacturing, Processing, Production, Stocks, Cultivation) AgraFlora Organics’ GTA Facility Receives Amendments Necessary to Launch CBD Business AgraFlora Organics International Inc. (“AgraFlora” or the “Company”) (CSE: AGRA) (PU31.F) (OTCPK: AGFAF) is pleased to announce its wholly owned subsidiary Sustainable Growth Strategic Capital Corp. (“SGSC”), a federally licensed cannabis company based in the Greater Toronto Area (GTA), has received Health Canada approval to commence extraction at its licensed facility pursuant to an amendment to its Standard Processing License. SGSC also holds Standard Cultivation and Medical Sales Licenses issued pursuant to the Cannabis Act. SGSC has been actively engaged in the Canadian CBD business, working with partner farmers to optimize the harvest to hemp-crops to maximize the efficiency of subsequent CBD extraction. In March, SGSC commenced a trial extraction (the “Trial”) of hemp-biomass which will be extracted using third-party extraction services and sold as a combination of CBD Crude Oil, CBD Distillate...
https://marijuanastocks.com/agra-agfaf-gta-facility-receives-amendments-necessar…
03/27/2020 - 7:52am
CRTPF
Cardiol Therapeutics Announces Filing of 2019 Year-End Financial Statements and MD&A
(Canada, Cardiol Therapeutics, CBD, CRTPF, Development, Management, Production, THC, Pharmaceuticals) Cardiol Therapeutics Inc. (TSX: CRDL , OTCQX: CRTPF) (“Cardiol” or the “Company”), a leader in the production of pharmaceutical cannabidiol (CBD) and the development of innovative cannabidiol medicines for heart disease, today filed its audited Year-end Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2019. Both are available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.cardiolrx.com . “2019 was a pivotal year for Cardiol Therapeutics,” stated David Elsley, President and CEO. “We attracted industry-leading talent to our management team, world class stewardship and experience to our Board of Directors, and global thought leaders in cardiology to the Steering Committee for our Phase 2 international trial in acute myocarditis. We also established the commercial infrastructure and pharmaceutical supply chain necessary to support the commercial launch of the purest cannabidiol in the world – a product...
https://investingnews.com/daily/cannabis-investing/cardiol-therapeutics-announce…
03/27/2020 - 1:58am
Cannabis Researcher Awarded $7.4 Million in Grant Funding by US Government
(Cannabis, Management, Research, Funding) The funding will be used to investigate the potential use of cannabis as a pain management substitute for opioids. The research director of the University of Los Angeles (UCLA) Cannabis Research Initiative, Ziva Cooper, has just been awarded a $3.9 million federal grant from the US government to investigate whether cannabis can be used as […] The post Cannabis Researcher Awarded $7.4 Million in Grant Funding by US Government appeared first on The Green Fund .
https://thegreenfund.com/cannabis-researcher-awarded-7-4-million-in-grant-fundin…
03/27/2020 - 1:00am
CGC, FAF, NXTTF
3 Canadian Cannabis Companies Built To Withstand The Covid-19 Demand Shock
(Acquisition, Canada, Cannabis, Canopy Growth Corporation, CGC, Consultations, Development, FAF, Fire & Flower, Fire & Flower Holdings Corp., Investors, Management, Media, Medical Marijuana, NXTTF, Partnerships, Products, Recreational, Retail Stores, Stocks, Dispensaries, Recreational Cannabis) 3 Canadian Cannabis Companies Built To Withstand The Covid-19 Demand Shock Although the coronavirus has significantly impacted the retail landscape in Canada, demand for cannabis remains strong as dispensaries work to implement procedures to keep employees and customers safe. Earlier reports have suggested that Canadian cannabis retailers are reporting an unprecedented surge in demand for cannabis as consumers stock up on product just in case the country is shutdown. This comes as retailers have modified their business models to allow for online ordering and delivery services. Earlier this month, Canopy Growth Corporation (WEED.TO) (CGC) announced plans to shut down its retail store in an effort to combat the spread of the coronavirus and we are favorable on the measures that the Canadian cannabis producer put in-place. With provinces across the country reporting similar spikes in demand for cannabis, we believe that our readers need to be aware of the companies that are positioned to...
https://www.marijuanastocksreport.com/3-canadian-cannabis-companies-built-to-wit…
03/26/2020 - 11:56pm
ACB, TGODF, APHA, CGC, OGRMF
Canadian cannabis stocks hide compensation consultant fees
(ACB, APHA, Aphria Inc., Bitcoin, Canada, Cannabis, CGC, Consultants, Consulting, Events, Green Organic Dutchman, Green Organic Dutchman, Grower, Investment, Investors, Law, Loans, Management, Media, New York, OGRMF, Organic, OrganiGram Inc, Regulations, Social Media, Stocks, TGODF, United States, Digital Currencies, Pharmaceuticals, Hedge Fund, Security) Authored by: Teri Buhl Canadian cannabis company CEOs have been making big pay packages over the last few years coinciding with net losses. But, they have not been disclosing details required by Canadian law about who they employ to come up with the pay formulas and how much these consultants are paid. A review of Canadian public filings by Cannabis Law Report has found at least three publicly traded companies who have failed to be transparent in telling shareholders how much they were actually paying their executives. It appears that some packages could be described as “over-compensation” and were / are making some individuals very wealthy. Compensation consultants are often required by boards of publicly traded companies to enable an independent outside party to come up with a realistic approach to how the CEO and also key management are compensated thus stopping companies using internal resources to pull any old figure or package out of thin air. Cannabis operations that have grown...
https://cannabislaw.report/canadian-cannabis-stocks-hide-compensation-consultant…
03/26/2020 - 7:26pm
EXL
International CBD brand Elixinol has appointed a new CEO for North and South America.
(Cannabis, CBD, EXL, Hemp, Investment, Management, Products) Hemp Industry Daily Report…… Tom Siciliano will oversee the company’s hemp-derived CBD business in the Americas region. He succeeds outgoing Americas chief Leif Harrison, who recently spoke to Hemp Industry Daily about the company’s revamped global strategy . “We are confident in Tom’s leadership and ability to drive growth, including through our rebranded health and wellness products, while also helping to execute on our commitment to provide shareholders a return on investment,” Elixinol Group CEO Stratos Karousos said in a statement.Wednesday’s announcement of the management shakeup did not elaborate on the circumstances of Harrison’s departure. Elixinol taps former marijuana exec as new Americas CEO
https://cannabislaw.report/international-cbd-brand-elixinol-has-appointed-a-new-…
03/26/2020 - 4:07pm
RAMM Pharma Corp. Receives Federal Approval and Registration of XALEX™ 10 (cannabidiol) Oral Solution
(Argentina, Brazil, Cannabis, CBD, Development, Distribution, Events, Growing, Investing, Law, Management, Manufacturing, Paraguay, Peru, Product Development, Production, Products, Recreational, Regulations, Subsidiaries, Testing, United States, Uruguay, THC, Recreational Cannabis, Pharmaceuticals, Cultivation) RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE: RAMM ), a leader in plant-derived cannabinoid pharmaceutical products, is pleased to announce that the Uruguayan Ministry of Public Health, (Ministerio de Salúd Publica or “MSP”) has approved and registered XALEX 10 (cannabidiol) oral solution, a prescription pharmaceutical formulation of highly-purified, plant-derived cannabidiol (CBD) free of tetrahydrocannabinol (THC), for the treatment of refractory epilepsy. RAMM has also been granted a license expansion and approval by the Instituto de Regulación y Control de Cannabis (“IRCCA”) for additional proprietary cannabis-based products and to include certain products for veterinary use, further expanding the Company’s robust portfolio of product offerings to the Latin American market. “The approval of XALEX 10 is a significant accomplishment for RAMM Pharma, offering patients another federally approved pharmaceutical CBD medicine,” stated Jack...
https://investingnews.com/daily/cannabis-investing/ramm-pharma-corp.receives-fed…
03/26/2020 - 12:08pm
GSML
Massachusetts Reinforces Support for the Medical Necessity Model
(California, Cannabis, Cannabis and Hemp, Development, Education, Facilities, GSML, Hemp, Hemp Industries, Illinois, Law, Management, Massachusetts, Medical Marijuana, Michigan, New York, Recreational, Regulations, Science, Testing, United States, Washington, Dispensaries, Cultivation, Intellectual Property) As more and more states are shifting to a work-from-home environment and closing down non-essential businesses, we have seen a conflict in gubernatorial instructions on whether cannabis is a protected class of business that falls under “essential infrastructure” or “essential business.” Earlier this week, we compared the approach New York and California have taken to permitting businesses to continue to operate. The former, medical-only state received a carte blanche endorsement as an essential business in New York to provide (often immunocompromised) patients with necessary medication. California, on the other hand, remained silent in executive orders, and left it up to local mayoral representatives to make determinations as they saw fit and best for their respective communities. Massachusetts has taken a middle road, as Governor Charles D. Baker issued COVID-19 Order No. 13 on March 23, 2020 which becomes effective March 24, 2020 at noon. This order identified an extensive list of “...
http://www.cannabisbusinesstimes.com/Article/massachusetts-ends-adult-use-cannab…
03/26/2020 - 9:05am
WDDMF
WeedMD Cleans House With New CFO, CEO After Starseed Acquisition
(Acquisition, Cannabis, Distribution, Investment, Management, Marketing, Medical Marijuana, Production, WDDMF, WeedMD, Cultivation) Medical marijuana company WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) has named Lincoln Greenidge as the company’s new Chief Financial Officer. He succeeds Nichola Thompson, who will be resigning from her role as CFO effective April 30, 2020. “We are pleased to welcome Lincoln to our leadership team. His experience will be essential to leading our financial organization, supporting the integration of WeedMD’s recent acquisition of Starseed and the continued commercialization of our cultivation platform,” said Angelo Tsebelis, CEO of WeedMD. “I also want to thank Nichola Thompson for her service as our CFO. During the past two years, she has made a number of lasting contributions to our organization’s success. We wish her the best in her future endeavors and thank her for assisting us through this transition.” Most recently the CFO for LSC Lithium Corporation, Mr. Greenidge successfully managed LSC’s strategic review which culminated in the sale of LSC for $110 million. He previously served...
https://www.greenmarketreport.com/weedmd-cleans-house-with-new-cfo-ceo-after-sta…
03/26/2020 - 8:41am
BVNNF, ICNB
BevCanna Signs LOI with Californian Cannabis Beverage Brand Calexo
(BevCanna Enterprises Inc., Beverage, Branding, BVNNF, California, Canada, Cannabis, Compliance, Consumer Products, Distribution, Drinks, Events, ICNB, Iconic Brands Inc., Investing, Law, Management, Manufacturing, Products, Recreational, Trademarks, United States, THC, Dispensaries, Recreational Cannabis, Cultivation) Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE: BEV , Q:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) announced today that it has entered into a non-binding letter of intent (the “LOI”) to partner with rising California cannabis beverage brand Calexo . Under the proposed agreement, BevCanna will become the exclusive Canadian manufacturing partner for the newly-launched Calexo line of beverages. BevCanna will leverage its extensive experience in developing and launching beverages in the Canadian market to maintain responsibility and compliance with Health Canada, as well as all national sales and distribution efforts related to the joint venture (JV). The JV will be structured as a profit share joint venture agreement, and the maintenance of exclusivity is subject to mutually agreed-upon forecast milestones being met. The agreement will be for an initial term of five years with a subsequent five-year renewal option. In addition to the Canadian...
https://investingnews.com/daily/cannabis-investing/bevcanna-signs-loi-with-calif…
03/26/2020 - 8:37am
Massachusetts Pot Shops Are Now Producing Hand Sanitizer for Local Hospitals
(Cannabis, Facilities, Management, Massachusetts, Medical Marijuana, Production, United States, Dispensaries) Like grocery stores, corner stores, and hospitals around the world, Massachusetts is running dangerously low on hand sanitizer. And with the spread of COVID-19 necistating extreme cleanliness, the Bay State’s licensed cannabis dispensaries are stepping up to help fill the void . According to MassLive , the Commonwealth Dispensary Association (CDA), a 36-member, 60-city strong cannabis trade organization, received approval from Governor Charlie Barker to divert at least some manpower to the production to hand sanitizer. In Massachusetts, medical cannabis dispensaries have been deemed “essential services” amidst the coronavirus crisis in the same vein as pharmacies. “Knowing that in States of Emergencies pharmacies can produce hand sanitizer and that we have equivalent lab facilities and knowledgeable personnel, I put forth the recommendation and was thrilled to see enthusiasm from other members,” John Hillier, a CDA board member, the executive director of Central Ave Compassionate Care...
https://merryjane.com/news/massachusetts-pot-shops-are-now-producing-hand-saniti…
03/26/2020 - 8:17am
Cannabis literature for lockdown
(Cannabis, Development, Food, Foods, France, Grower, Growing, Management, Medical Marijuana, Morocco, Netherlands, Extracts, Cultivation, Security) In these times of confinement due to the spread of coronavirus, we have the opportunity to read a little bit more to broaden our cannabis knowledge, or just to relax. In this article, Alchimia Grow Shop brings you a reading list to help you escape from reality thinking about our favourite plant. In this cannabis library you’ll find biographies, documentaries, growing manuals… and even cookbooks, which are ideal to stay at home preparing delicious meals with marijuana. Are you bored at home? Why don’t you cook something? Mila. How I Became The Hash Queen The popular Mila, author, activist and creator of The Pollinator This autobiography tells the story of one of the cannabis industry’s few female entrepreneurs that managed to become an icon for cannabis users, and more specifically, hashish lovers. Mila was one of the pioneers of the 1960’s Dutch cannabis world, and this autobiographical book offers you the possibility of sharing some of the key moments in her exceptional life. The...
https://www.alchimiaweb.com/blogen/cannabis-literature-lockdown/
03/26/2020 - 8:14am
Mota Ventures Moves Forward with Its Acquisition of Spanish CBD Company Sativida
(Acquisition, Austria, Cannabis, CBD, Colombia, Cosmetics, Data Analysis, Distribution, Estonia, Events, France, Germany, Growing, Investing, Law, Management, Marketing, Mexico, Oils, Organic, Packaging, Portugal, Production, Products, Regulations, Spain, United Kingdom, United States, Vertically Integrated, Funding, Intellectual Property) Mota Ventures Corp. (CSE: MOTA , FSE:1WZ:GR, OTCPINK:PEMTF) (the “Company” or “Mota”) is pleased to announce that further to its January 10, 2020 news release, it has now acquired the intellectual property and trade names of Sativida from Sativida OU (Estonia). The Company will license both back to Sativida OU’s subsidiary, VIDA BCN LABS S.L. (collectively with Sativida OU, “Sativida”) in exchange for a royalty associated with the gross revenues generated by Sativida. Sativida is an arms’-length producer and online retailer of cannabidiol (“CBD”) and branded CBD products in various jurisdictions in Europe, including Spain, Portugal, Austria, Germany, France and the United Kingdom. Sativida currently develops and retails a vast range of organic CBD oils and cosmetics across Europe and is in the process of expanding its distribution network internationally to include the United States. Sativida has become the number one search-ranked online retailer of CBD products in Spain and Mexico,...
https://investingnews.com/daily/cannabis-investing/mota-ventures-moves-forward-w…
03/26/2020 - 2:22am
Cannabis Companies Are Good Corporate Citizens
(Cannabis, Facilities, Management, Massachusetts, United States) This is the best story about the cannabis sector we’ve seen all week. Acting as good corporate partners to government and in turn helping their communities. This was all the talk of regulated cannabis back in 2015/16. It’s taken a pandemic to turn talk into action and let’s hope that each of these companies is smart enough to incorporate this thinking into their businesses as they hopefully grow in the future. Congratulations to all these companies Ganjapreneur reports….. Cannabis companies around North America are stepping up to help however they can in the fight against the spreading coronavirus. Massachusetts’ Commonwealth Dispensary Association is partnering with the Massachusetts Health & Hospital Association to make hand sanitizer and other cannabis companies around the continent are donating personal protection equipment to hospitals amid the coronavirus pandemic. The CDA estimates that it can produce 5,000 gallons of hand sanitizer per week to donate to hospitals. The...
https://cannabislaw.report/cannabis-companies-are-good-corporate-citizens/
03/26/2020 - 12:53am
Colorado Department of Revenue Releases Average Market Rates for Retail Marijuana Effective April 1, 2020
(Cannabis, Colorado, Events, Law, Management, Management Teams, Massachusetts, Medical Marijuana, Stocks, United States) Colorado Department of Revenue Releases Average Market Rates for Retail Marijuana Effective April 1, 2020 With crisis comes the need for insurance coverage. It’s not top of mind right now, nor should anyone expect it to be, but business models and short-term outlooks are changing dramatically each day, and now may be a good moment to ensure that management teams are prepared. Mike Sampson, partner in Reed Smith’s Insurance Recovery Group and co-vice chair of its Cannabis Law Team, says that business owners would do well to familiarize themselves with their insurance policies before the time comes to file a claim on some unexpected hardship. There are several types of coverage that are in play now, as the coronavirus outbreak continues to spread across the globe and force incredible economic pressure onto small businesses. Business interruption coverage is often a component of a company’s property insurance policy. For example, a standard policy might cover damage to a building or to...
https://www.marijuanastocksreport.com/colorado-department-of-revenue-releases-av…
03/25/2020 - 4:45pm
JUSHF
The Daily Hit: March 25, 2020
(Beverage, Branding, California, Cannabis, CBD, Compliance, Development, Food, Foods, Hemp, Illinois, JUSHF, Jushi, Jushi Holdings Inc., Law, Management, Partnerships, Pennsylvania, Products, Regulations, United States, THC, Dispensaries, Security) It’s time for your Daily Hit of cannabis financial news for March 25, 2020. On The Site Top Cannabis Legal Firms In these trying times, it’s always good to have an excellent lawyer on your side. A strong contract goes a long way towards protecting your interests and if you find yourself in a dispute, you certainly want someone who understands your business and can work with cannabis companies. Green Market Report compiled this list with assistance from the Cannabis Law Report . We separated the list into two categories: cannabis only legal firms and large cannabis divisions within larger firms. We put them in alphabetical order and there is no ranking. Also, no free legal advice was given to get on this list nor did anyone pay to be included. EcoWaste Interview with Arman Zeytounyan, CEO and Co-Founder of EcoWaste in California The “Beast” in this scenario is cannabis sustainability, and the distinct lack thereof. The market for change is wide open, and here’s the perspective of one...
https://www.greenmarketreport.com/the-daily-hit-march-25-2020/
03/25/2020 - 2:01pm
Insurance Tips for Cannabis Businesses in Times of Crisis
(Cannabis, Events, Law, Management, Management Teams, Massachusetts, Medical Marijuana, United States) With crisis comes the need for insurance coverage. It’s not top of mind right now, nor should anyone expect it to be, but business models and short-term outlooks are changing dramatically each day, and now may be a good moment to ensure that management teams are prepared. Mike Sampson, partner in Reed Smith’s Insurance Recovery Group and co-vice chair of its Cannabis Law Team, says that business owners would do well to familiarize themselves with their insurance policies before the time comes to file a claim on some unexpected hardship.There are several types of coverage that are in play now, as the coronavirus outbreak continues to spread across the globe and force incredible economic pressure onto small businesses. Business interruption coverage is often a component of a company’s property insurance policy. For example, a standard policy might cover damage to a building or to personal property within. That policy may then include additional lines of coverage for situations that...
http://www.cannabisbusinesstimes.com/Article/insurance-business-interruption-cor…
03/25/2020 - 12:12pm
Clean Grow Still Failing? Check for Endophytic Mold
(Cannabis, Clothing, Facilities, Genetics, Grow Facilities, Growers, Growing, Hemp, Management, Production, Products, Research, Science, Testing, Cultivation) The journal Frontiers in Plant Science recently shared an important article from researchers at Simon Fraser University in British Columbia, highlighting the “Pathogens and Molds Affecting Production and Quality of Cannabis Sativa.” As a chemist focused on the science of preventing and mitigating mold in greenhouse and indoor cannabis grow facilities, this piece was fascinating to me. Like many others, it details and explains prevalent mold like Penicillium, Cladosporium and Aspergillus – things I see in grows every day. But wait, there’s more fungi The research and resulting article also brought up another type of fungi – endophytic mold. Endophytic mold usually lives symbiotically with plants, or is at least beneficial for both plant and fungi. But not always. In the past, the industry has believed that damaging mold spores were found on the outside of the flower. When moved, that flower would release the spores and send them flying – often creating massive cross-contamination...
https://cannabisindustryjournal.com/column/clean-grow-still-failing-check-for-en…
03/25/2020 - 9:58am
Primo Nutraceuticals Inc. Provides Updates on Company via YouTube Channel
(Agri-Dynamics, Inc., Branding, Canada, Cannabis, CBD, Development, Distribution, Edibles, Events, Facilities, Growers, Growing, Hemp, Investing, Investors, Management, Nutraceuticals, Oregon, Partnerships, Processing, Production, Products, United States, Washington, 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 developed its own YouTube channel to offer regular updates regarding the Company to its investors. To visit the YouTube channel, please go to: https://www.youtube.com/channel/UCfk8GiHUsLWpx3lw3b0Y-zw About Primo Nutraceuticals Primo Nutraceuticals Inc. (“Primo” or the “Company”) provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate and farm friendly properties. Primo is dedicated to funding the rapid growth in production, processing, retail and branding of cannabis and cannabis related products in Canada and the United States. Primo provides fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. In addition to the Company’s flagship hemp project in Oregon State and the Greenhouse campus in...
https://investingnews.com/daily/cannabis-investing/primo-nutraceuticals-inc-prov…
03/25/2020 - 8:32am
Weekend Unlimited Sales and Reach Increasing Significantly During Covid-19 Economic Slowdown
(Acquisition, Cannabis, CBD, Distribution, Events, Financing, Investing, Management, Manufacturing, Oklahoma, Partnerships, Production, Products, Recreational, Regulations, United States, Dispensaries, Recreational Cannabis) Weekend Unlimited Inc. (“Weekend” or the “Company”) (CSE: POT , FSE:0OS1, OTCQB:WKULF) is pleased to provide an update on the strong growth of its operations as the day to day realities of the economic picture with Covid-19 unfold. The Company’s branded product line is experiencing excellent growth in Oklahoma, with sales numbers doubling from the month of January compared to the period to date in March – in addition the Company’s products are now in 74 dispensaries, adding to that total on a daily basis. In light of Covid-19 and the inherent uncertainties, the Company is focused on maximizing sales growth at a time where there is opportunity within the sector as consumer demand grows. With its strong cash position, Weekend is taking all necessary steps to focus resources on its US Cannabis and CBD growth to increase revenues and optimize its operations while also decreasing its monthly expenses by over 35%. Highlights 100% + increase in Oklahoma dispensaries carrying Weekend Branded...
https://investingnews.com/daily/cannabis-investing/weekend-unlimited-sales-and-r…
03/25/2020 - 7:59am
 Reliq Health Technologies Inc. (RQHTF) Announces New Contract with MedTech Evolutions
(Alabama, Cannabis, Development, Events, Illinois, Investments, Kentucky, Law, Management, Marketing, Mississippi, Monitoring, Products, Regulations, Software, Stocks, Tennessee, United States) Reliq Health Technologies, Inc. Announces New Contract with MedTech Evolutions, LLC to Provide its iUGO Care Platform to over 27,000 patients in Alabama, Illinois, Mississippi and Tennessee Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company that develops innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, today announced that it has signed a contract with MedTech Evolutions, LLC (“MedTech”) in Kentucky, USA, to provide its iUGO Care platform to over 27,000 eligible Medicare patients in Alabama, Illinois, Mississippi and Tennessee. “We are thrilled to be working with MedTech Evolutions to bring our iUGO Care platform to their clients,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “MedTech’s clients provide care to over 27,000 chronic disease patients in Alabama, Illinois, Mississippi and Tennessee. We will be deploying our Remote Patient Monitoring (RPM), Care Chronic Care...
https://marijuanastocks.com/rqhtf-announces-new-contract-with-medtech-evolutions…
03/25/2020 - 12:44am
WTCG
Coronavirus (COVID-19)-Focused Joint Venture Formed Between Emerald Organic and Todos Medical to Supply U.S. Market With Rapid Point-of-Care Screening and Confirmatory Testing Kits
(Biotechnology, Cannabis, China, Development, Distribution, Events, Financing, Food, Georgia, Gibraltar, Growing, Israel, Law, Management, Media, New York, Organic, Plasma, Product Development, Products, Research, Science, South Korea, Stocks, Strains, Subsidiaries, Supplements, Testing, United States, W Technologies, W Technologies, Inc., WTCG, Patents, Funding, Intellectual Property) Coronavirus (COVID-19)-Focused Joint Venture Formed Between Emerald Organic and Todos Medical to Supply U.S. Market With Rapid Point-of-Care Screening and Confirmatory Testing Kits Emerald Organic Products, Inc. (OTC: EMOR) and Todos Medical Ltd. (OTCQB: TOMDF) today announced the creation of Corona Diagnostics, LLC, a joint venture partnership formed to address the much-needed demand for COVID-19 screening and diagnostic testing in the United States. The joint venture will be owned 51% by Emerald and 49% by Todos. Emerald Organic, a diversified health sciences company headquartered in New York, will contribute financing, U.S. domestic distribution know-how, international trade relationships, and assistance in navigating the U.S. healthcare and regulatory landscape. Based in Rehovot, Israel, Todos, an in-vitro-diagnostics company focused on the development of blood tests for the early detection of cancer, neurodegenerative disorders and infectious disease, will be responsible for...
https://www.marijuanastocksreport.com/coronavirus-covid-19-focused-joint-venture…
03/24/2020 - 7:44pm
NSPDF
Naturally Splendid Provides Further Facility Preparation Update
(Beverage, Canada, Cannabis, Cleaning, Events, Food, Foods, Hemp, Investing, Management, Manufacturing, Naturally Splendid Enterprises Ltd., NSPDF, Production, Products, Regulations) Naturally Splendid Enterprises Ltd. (“Naturally Splendid”, “NSE” or “the Company”) (FRANKFURT:50N) (TSXV: NSP ) (OTC:NSPDF) announces the following. The Company’s 100% owned division, Prosnack Natural Foods has provided periodic updates over the past few weeks regarding facility preparations in response to the challenges that are being forced upon the food supply chain. In this regard, the Company is initiating additional deep cleaning procedures at their Safe Quality Food, Level 2 Certified food manufacturing facility for the safety of their employees, the facility and ultimately, the consumer. The Quality Assurance department is taking this additional step to review and enhance Standard Operating Procedures (SOPs) that are required to operate and maintain this facility efficiently and safely. This procedure is expected to take several days as the new SOPs are finalized, communicated to staff and activated. Naturally Splendid CEO Mr. J. Craig Goodwin reports, “We are preparing the...
https://investingnews.com/daily/life-science-investing/biotech-investing/natural…
03/24/2020 - 1:02pm
DIGP
 Digipath, Inc. (DIGP) Health Canada R&D License for Cannabis Strain Development and Sales
(Acquisition, Canada, Cannabis, Cannabis and Hemp, Consulting, Development, DigiPath Inc, DIGP, Events, Genetics, Hemp, Investments, Management, Media, Nevada, Products, Quality Control, Regulations, Research, Stocks, Testing, United States, Pharmaceuticals, Cultivation, Funding) Digipath Obtains Health Canada R&D License for Cannabis Strain Development and Sales Digipath, Inc. (DIGP) (“DIGP” or the “Company”), a leading independent analytical testing laboratory, data analytics and technology firm focused on the cannabis and hemp markets, is pleased to report that it has received a Research and Development license to cultivate cannabis via an approval provided by Health Canada to the Company’s recently acquired VSSL Enterprises Ltd. VSSL’s management team, including Kyle Remenda and Dr. Philippe Henry have joined Digipath’s management team as CEO and Chief Technology Officer, respectively. The Research and Development (R&D) license will enable the Company to cultivate cannabis at three field sites with 2,000 plants at a time per site, and one lab where the genetics can be grown via tissue culture. Digipath will use the R&D license to focus on stabilizing prized elite genetics and developing novel cannabis genetics using a combination of standard...
https://marijuanastocks.com/digp-health-canada-rd-license-for-cannabis-strain-de…
03/24/2020 - 9:54am
Primo Nutraceuticals Inc., COVID-19 Preparedness And Support Commitment To Join Forces With Celebrity Driven Brand Beauty Kitchen To Produce A Hand Sanitizer
(Agri-Dynamics, Inc., Branding, Canada, Cannabis, CBD, Celebrities, Cosmetics, Development, Distribution, Edibles, Events, Facilities, Growers, Growing, Hemp, Investing, Management, Manufacturing, Media, New York, Nutraceuticals, Oregon, Partnerships, Processing, Production, Products, Social Media, United States, Washington, 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 production order with Celebrity Driven Brand Beauty Kitchen to provide a free non-hydroalcoholic gel to local communities after fears of hand sanitizer shortages. As the impact of COVID-19 is felt across the globe, and with the reported cases of the corona virus spreading rapidly across Canada and the US, Primo Nutraceuticals feel it is our obligation, as corporate citizens, to address every aspect of our operations with the goal of ensuring that our workplace has proper business protocols in place for business to continue; and that our business community, friends, family and the public at large are safe guarded. We are proud to introduce a line of hand sanitizers in collaboration with Beauty Kitchen to help mitigate the spread of germs in our communities. The directors of Primo are passionate about wanting to help their...
https://investingnews.com/daily/cannabis-investing/primo-nutraceuticals-inc.covi…
03/24/2020 - 8:06am
Cannabis association names chief risk management officer - New York Business Journal
(Cannabis, Management, New York, United States) Cannabis association names chief risk management officer New York Business Journal
https://www.bizjournals.com/pittsburgh/news/2020/03/24/cannabis-association-name…
03/24/2020 - 8:04am
IGNITE Launches CBD in Circle K’s Coastal Carolina Division
(Bar, Beverage, Cannabis, Cannabis and Hemp, CBD, Compliance, Drinks, Events, Hemp, Investing, Law, Management, Marketing, North Carolina, Oils, Products, Regulations, South Carolina, Topicals, United States, Virginia, THC) Ignite International Brands, Ltd. (CSE: BILZ ), (OTCQX:BILZF) (“IGNITE” or the “Company”), a global consumer packaged goods brand, is excited to announce the launch of two CBD gummies*, two CBD sport creams, three CBD essential oils and three CBD tinctures in the Coastal Carolina Division of Circle K, with an agreement between IGNITE and Circle K entered on Thursday, February 13, 2020 (subject to applicable rules and regulations in each state). This agreement marks the first Circle K division to offer IGNITE products to the public in the United States. Pursuant to the terms of the agreement and subject to applicable laws, customers will be able to buy the noted IGNITE products in over 400 Circle K locations throughout North Carolina, South Carolina and Virginia. “IGNITE’s agreement with Circle K creates a lot of momentum for us and our CBD products because it makes our products more accessible to a wider range of customers,” said IGNITE President, Curtis Heffernan. “We’re excited to...
https://investingnews.com/daily/cannabis-investing/ignite-launches-cbd-in-circle…