MedMen Reports Fourth Quarter and Fiscal Year 2018 Financial Results
October 25, 2018
Robust asset base, balance sheet strength and large talent pool lay foundation for continued growth Annual and fourth quarter revenues of $39.8 million and $20.6 million, respectively, led by California retail stores posting $6,257 average sales per square foot and 84% conversion rate for the fourth quarter. Enters Fiscal... Read more
Marijuana Stock Market Sees Correction Throughout the Space
FeaturedMarijuana Industry NewsUncategorized October 25, 2018
The marijuana stock market has managed to remain quite resilient throughout most of the market corrections that happen quite often, but in recent times, the industry has not been able to opt out of the most recent bout of news that has caused most of the top stocks in... Read more
GTEC Holdings Ltd.(GTEC.V) (GGTTF) Finalizes Agreement with F-20 to Develop 194,000 sq. ft. Indoor Cultivation Facility
Marijuana Industry NewsUncategorized October 25, 2018
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (“GTEC” or the “Company“) is pleased to announce that it has entered into a Definitive Agreement with F-20 Developments Corp. (“F-20“) (the “Agreement“) pursuant to the terms of the previously announced binding letter of intent dated July 10, 2018 . In connection with the... Read more
Marijuana Stocks And Potential Export to the U.S.
FeaturedMarijuana Industry NewsUncategorized October 25, 2018
Marijuana based companies have been working in recent times to begin exporting product to the U.S. as it represents one of the largest markets for cannabis in the world. This has helped to give a solid boost to the marijuana stock market over the past few months as the... Read more
Wayland Group (MRRCF) Receives Receipt for Final Prospectus for Previously Announced Bought Deal Financing
Marijuana Industry NewsUncategorized October 25, 2018
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) announced today that it has received a receipt for a final prospectus (the “Prospectus”) of the Company from the securities regulators in each of the provinces of Canada (other than Quebec) with respect to its previously announced $50,000,000 bought deal... Read more
Aurora Cannabis Inc. (ACBFF) Receives First Cannabis Import Permit from Polish Ministry of Health
Marijuana Industry NewsUncategorized October 25, 2018
Aurora Cannabis Inc. (“Aurora” or the “Company”) (ACB.TO) (ACB.TO) (Frankfurt: 21P; WKN: A1C4WM) announced today that Polish Ministry of Health granted the Company approval for its first shipment of medical cannabis to Poland. In the coming days, Aurora Deutschland GmbH will ship the products to a pain treatment center and... Read more
Biome Grow Inc. (BIO.CN) Introduces Ontario-based brand, Great Lakes Cannabis
Marijuana Industry NewsUncategorized October 25, 2018
Biome Grow Inc. (“Biome” or the “Company”) (CSE:BIO) (Frankfurt:6OTA) is pleased to introduce its Ontario-based subsidiary and brand, Great Lakes Cannabis Co. (“Great Lakes Cannabis”). Located in Norwich, Ontario, Great Lakes Cannabis will serve Biome’s national and international markets with Canadian-grown cannabis. Great Lakes Cannabis derives its name from the... Read more
Integrated Cannabis Company, Inc. (ICNAF)(ICAN.CN) Enters Into Licensing Agreement for Cannabidiol (CBD) Gummy Formulation
Uncategorized October 25, 2018
VANCOUVER, British Columbia, October 25, 2018 /PRNewswire/ — Integrated Cannabis Company, Inc. (ICAN.CN) (ICNAF) (“Integrated Cannabis”), is pleased to announce an agreement to license Cannabidiol (CBD) formulated gummies. Integrated Cannabis Company (ICAN.CN) (ICNAF) Report: Marijuana Stocks Become A Top Priority On Wall Street; One Stands Out Integrated Cannabis plans to... Read more
Capitalizing on CBD: New market opportunities with athletes
FeaturedIndustrial Hemp NewsMarijuana Laws, Regulations, & Politics October 25, 2018 0
(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Athletes have long used cannabis products to fight inflammation and recover from injury, but drug-testing rules and marijuana stigma have often kept it a locker-room secret. That’s all changing now, thanks to... Read more
‘One day you’re legal, the next day you’re not’: Confusion from spotty CBD enforcement
FeaturedIndustrial Hemp NewsMarijuana Laws, Regulations, & Politics October 25, 2018 0
CBD producers and retailers in some of the nation’s largest markets say they’re pressing on despite hostile statements from their state regulators that CBD won’t be allowed. Bans in several markets have largely been met with spotty enforcement, CBD entrepreneurs say, and the impact to business has been mixed.... Read more
