In a notice that was published on Wednesday, the National Institute on Drug Abuse (NIDA) provided a list of the areas that it considers a priority for marijuana research to focus on. These research objectives show that the federal government is taking note of the increasing levels of success that are being registered by advocates who want to see U.S.…
City View Green Holdings (CSE: CVGR), a vertically integrated cannabis company focused on seed to retail, recently received notice from Health Canada following a high-level review that there were no concerns regarding the company’s proposed application for license, paving the way for CVGR’s application to be accelerated once its Brantford site is finished (http://cnw.fm/kpMT4). An article discussing the company reads,…
Agricultural biotech company MustGrow Biologics (CSE: MGRO) is currently developing a series of products to meet the need for organic pest control in the booming cannabis industry. A recent article discussing the company reads, “MustGrow is hoping to expand on its fruit and vegetable pest control offerings by pulling together a suite of biological products from third parties, which the…
Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (“CBD”) marketplace, recently reported preliminary sales of $1,965,641 during the second quarter of 2019, marking the greatest amount in sales to date (http://cnw.fm/Vx4We). An article discussing the company reads, “‘We believe our diverse ecosystem of product and service offerings is creating a community of consumers and businesses,’…
The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced the completion of its first shipment to the Ontario Cannabis Store. The shipment marks TGODF’s official entrance into Canada’s recreational market and provides consumers access to the company’s flagship strain, Unite Organic. The Ontario-grown dried flower will be available in select retail…
More people are turning to cannabis for a reason — it works for them. “I was told that I had IBS a number of years ago and that I had to stay away from all different kinds of foods,” begins Mara Gordon, co-founder of Aunt Zelda’s. Aunt Zelda’s is a medical cannabis brand and compassion center that works with thousands…
Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the entry of its portfolio companies, James E. Wagner Cultivation Corporation (“JWC”) (TSXV: JWCA) (OTCQX: JWCAF) and TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), into a purchase and supply agreement, demonstrating collaboration and synergy that is seen throughout the Canopy Rivers ecosystem. Under the agreement, JWC will supply cannabis flower and oils…
TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced a new appointment to its board of directors. Ian Klassen joins the board and will additionally serve as chair of the company’s audit committee. Klassen brings nearly 30 years of experience in business management, public relations and government affairs to the company. His background includes serving as chief of staff to…
Almost a year ago, cannabis firm Tilray (NASDAQ: TLRY) went public to much fanfare. Within just around 50 days of trading, the stock had propelled almost 800% as investors rushed in to take advantage of the possibilities weed legalization would offer. The mad rush towards cannabis stocks seems to have ended a year since then, with the industry more stabilized…
The Green Organic Dutchman Holdings (OTC: TGODF) reported second-quarter results on Aug. 13. The Canada-based cannabis company’s revenue rose 20% sequentially to 2.9 million Canadian dollars. Most of its sales were generated by its European operations, as the company just recently launched its Grower’s Circle — a small test of its medical marijuana distribution capabilities in Canada. Additionally, The Green Organic…
Among marijuana stocks, very few have achieved profitability. But sooner or later, every company needs to reach that milestone. That sounds obvious, like “Business 101.” In fact, it’s one of the most basic requirements for a stock to trade on the “Big Board,” the New York Stock Exchange (NYSE)… and also for the Nasdaq, for that matter. And yet, in…
As another sign of his pledge to make marijuana accessible to Illinois residents, Gov. J.B. Pritzker signed two more bills on Monday expanding the medical marijuana program of the state. He stated that the signing ceremony was a message to all medical marijuana users in the state that the state government was on their side. Senate Bill 2023 was intended…