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CannabisNewsBreaks – MCTC Holdings, Inc. (MCTCD) Announces Efforts to Advance Cannabinoid Delivery Science via Polymeric Cannabinoid Nanoparticles and Nanofibers

MCTC Holdings (OTC: MCTCD, MCTC) on Monday announced details on its efforts to advance cannabinoid delivery science via polymeric cannabinoid nanoparticles and nanofibers. According to the update, the company is collaborating with two Contract Research Organizations (“CRO”), which continue to make advances in both cannabinoid nanosciences and toward productization of these and related technologies. MCTC plans to market and license…

Benzinga Cannabis Capital Conference Connecting Cannabis Investors & Executives in Chicago

The Benzinga Cannabis Capital Conference will take place at Chicago’s Palmer House on October 22 and 23, 2019. Cannabis investors will have a chance to come face-to-face with cannabis companies to hear about their advancements in the rapidly growing industry, while cannabis executives will have an opportunity to grow their business and attract investors with lightning round presentations and one-on-one…

City has spent more than $6.9M on cannabis-related costs since legalization

The city says it has incurred more than $6.9 million in cannabis-related costs since legalization last year — an amount that does not include spending on preparations undertaken in the six months prior to legal weed. The cost of responding to legalization has so far exceeded the $3.84 million that was provided to Calgary through the province’s Municipal Cannabis Transition…

B.C. public safety minister says cannabis edibles not in stores til January

B.C.’s solicitor general says the province wants to see as much small-scale production as possible for marijuana edibles to allow for regional economic development. “I don’t want it to be dominated by one or two large-scale variety of producers,” Mike Farnworth said Friday. “I think there’s room in this market for a considerable variety or product and a considerable variety…

Ontario pot smokers flock to black market a year after legalization

The black market for recreational weed in Ontario is not going anywhere soon. With just two dozen stores scattered throughout the province, along with the government-run and online-only Ontario Cannabis Store, residents seeking a high rely mainly illicit sources of pot a year after the federal government legalized its consumption. “I would argue that 80% is illicit in Ontario,” said…

Tech Guru Steering the Ship for CanIdeal’s Innovative Cannabis B2B Platform; Plus Exclusive Interview with CEO Joseph Farruggia

Does success really breed success? According to researchers at SUNY Stony Brook in a 2014 study, it indeed does. While the study mostly tested the basic principle without merit given for bona fide accomplishments, every company wants to have leadership at the helm with deep experience and a track record of accomplishments. In that case, it would stand to reason…

ManifestSeven Expands into Southern California’s Market

California is on track to post a record $3.1 billion in legal cannabis sales this year, according to Arcview Market Research and BDS Analytics, despite troublingly high taxes and licensing challenges that make it difficult to compete with black market products. By comparison, the same analysts expect Canada’s entire market to bring in just $1.1 billion this year, making the…

Cannabis 2.0 is upon us, but are retailers ready for the influx of new products?

Sitting on a bench outside the Hunny Pot, the first cannabis retailer to open its doors in Toronto, three friends spark a pre-rolled joint they bought inside only moments earlier. This scene wouldn’t have been possible little more than a year ago. Smoking cannabis in public wasn’t legal, neither was buying it in brick-and-mortar shops. Back then, the retail space…

O’Cannabis: On the first anniversary of legalization, a cross-country snapshot of where we stand

October 17, 2019, marks the first anniversary of the legalization of cannabis federally in Canada, and the date when the second phase of products — edibles, extracts, topicals and some other alternative cannabis products also become legal.  Each province and territory were handed the reins for rolling out legalization, and the results in terms of access to legal marijuana are…