Tag: press release

New Notice of U.S. Patent Allowance Granted to Axim® Biotechnologies for Suppository Formulations Comprising Cannabinoids

NEW YORK, Nov. 21, 2019 (GLOBE NEWSWIRE) — AXIM® Biotechnologies, Inc. (OTC: AXIM) (“AXIM® Biotech,” “AXIM” or “the Company”), a world leader in cannabinoid research and product development, today announced that the United States Patent and Trademark Office (USPTO) has issued the Company a new Notice of Allowance for a patent (Application No. 16/122,079) on a suppository composition comprising cannabinoids.…

Sugarmade Issues Shareholder Letter on Outlook, Uplist, and Expansion

NEW YORK, Nov. 21, 2019 (GLOBE NEWSWIRE) — via NetworkWire – Sugarmade, Inc. (OTCQB:SGMD) (“Sugarmade”, “SGMD”, or the “Company”), a major supplier to the hydroponic cultivation and hemp sectors, issues the following letter on behalf of the CEO: READ MORE: http://www.globenewswire.com/news-release/2019/11/21/1950777/0/en/Sugarmade-Issues-Shareholder-Letter-on-Outlook-Uplist-and-Expansion.html

Canopy Growth says it will defend itself vigorously against lawsuits alleging securities fraud

Cannabis market leader Canopy Growth Corp. said Thursday it is aware of yet-to-be certified securities class-action suits that have been filed in the U.S. alleging the Canadian company made false and misleading statements, and intends to vigorously defend itself. “The company believes it has conducted itself in accordance with all relevant securities laws, and that the claims are without merit,”…

Canopy Growth Comments on Class Securities Litigation

SMITHS FALLS, ON, Nov. 21, 2019 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (WEED.TO) (CGC) is aware of yet-to-be certified securities class-action suits having been filed in the United States that allege that the Company issued certain false and misleading statements. The Company believes it has conducted itself in accordance with all relevant securities laws, and that…

Aurora Cannabis Names Chief Product and Chief Integration Officers

Aurora Cannabis (NYSE: ACB) (TSX: ACB) has named Dr. Shane Morris as chief product officer and André Jérôme as chief integration officer. Morris previously worked as senior vice president of product development and regulatory affairs, while Jérôme was senior vice president of business integrations. The appointments are effective immediately. Morris joined Aurora in January 2018 to […]The post Aurora Cannabis Names…

High Tide Opens 27th Canna Cabana Bringing its Total to 30 Branded Retail Cannabis Stores across Canada

CALGARY , Nov. 21, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that the Canna Cabana location in Unit #6128 at 403 Mackenzie Way SW in Airdrie (the “Airdrie Store”) has received…

Big Marijuana Embraced Convertibles. Now They’re Under Water

(Bloomberg) — The bear market in pot stocks has left billions in convertible debentures underwater, meaning cash-starved companies may have to “creatively restructure” their debt or pay a bill they didn’t expect would come due.Cannabis companies hopped into convertibles in the last three years when their stock prices were soaring and traditional debt markets were largely closed to the untested,…