Outside Lands: A tour of the new marijuana-themed ‘Grass Lands’ area
Outside Lands unveiled its new Grass Lands area on Aug. 10, which, according to a news release, makes it “the first major U.S. music festival to have a curated cannabis experience.” Interested parties got the chance to check out the area during Day One of the three-day festival, which... Read more
Koios Launches New Products, Expands Distribution & Begins Clinical Trials in the Functional Food & Beverage Space
Ryan Allway August 13th, 2018 Uncategorized The global nutraceutical market is projected to reach more than US$300 billion by 2024, according to Zion Market Research, driven by consumers taking a more active role in their health. Functional food and beverages that provide health benefits and enjoyment are one... Read more
We always knew why five of the seven Oroville City Council members wanted to legalize marijuana sales in the city, but it was never explicitly explained until a council meeting on Tuesday. It’s not because they see marijuana as a wonder herb, unfairly demonized. It’s not because they believe... Read more
Is Seed-to-Sale Tracking Helping or Hurting the Industry?
This article originally appeared in the June 2018 issue of Cannabis Dispensary. To subscribe, click here. Burdensome regulations surrounding cannabis production, sale and use in various states have caused serious headaches for many cannabis entrepreneurs. The high levels of regulatory attention (from both state regulators and U.S. Drug Enforcement Administration officials) attached... Read more
Eureka, Calif., Drawing Up Plans to Allow Cannabis Consumption Sites
San Diego is making swift progress on its plan to have a local supply chain for its marijuana dispensaries, with 15 indoor pot farms and cannabis edible factories slated for final city approvals in coming weeks. Those businesses will follow the city’s first approved marijuana production facility, a food... Read more
38 Ohio Doctors Approved in August to Recommend Medical Marijuana
San Diego is making swift progress on its plan to have a local supply chain for its marijuana dispensaries, with 15 indoor pot farms and cannabis edible factories slated for final city approvals in coming weeks. Those businesses will follow the city’s first approved marijuana production facility, a food... Read more
Cannabis Cybersecurity: Why Hacking Back is a Bad Idea
Hacking back isn’t the answer, unfortunately. As I have discussed for the last two weeks, cannabis businesses have become increasingly vulnerable to cyberattacks. It is natural for a company victimized by data breaches to want to retaliate by hacking back. However, under current U.S. law, which is codified under... Read more
Invictus Secures $25.5 Million Debt Financing from ATB Financial to Fund 180,000 sq. ft. Expansion
Ryan Allway August 13th, 2018 INVICTUS MD STRATEGIES CORP. (“Invictus” or the “Company”) (TSXV: GENE; OTC: IVITF; FRA: 8IS1) is pleased to announce that is has signed a commitment letter for a $25.5 million debt financing arrangement with an interest rate at prime plus 2% per annum (the... Read more
GW Pharmaceuticals plc Reports Fiscal Third Quarter 2018 Financial Results and Operational Progress
Ryan Allway August 13th, 2018 GW Pharmaceuticals plc (NASDAQ: GWPH, GW, the Company or the Group), the world leader in the development and commercialization of cannabinoid prescription medicines, announces financial results for the third quarter ended 30 June 2018. “The recent FDA approval of Epidiolex represents a major... Read more
William “Beau” Wrigley, Jr. Joins Surterra’s Board of Directors as Chairman
Ryan Allway August 13th, 2018 Surterra Wellness announced today that William “Beau” Wrigley, Jr. has joined Surterra’s Board of Directors as Chairman. Additionally, Surterra Wellness closed a $65 million Series C equity fundraising round in July, led by Wrigley’s direct investment arm. The round brings Surterra’s total capital... Read more
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