missouri – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Thu, 02 Nov 2023 16:43:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 Ovation Science Announces License Agreement for Its Topical / Transdermal Cannabis Products for Missouri https://mjshareholders.com/ovation-science-announces-license-agreement-for-its-topical-transdermal-cannabis-products-for-missouri/ Thu, 02 Nov 2023 16:43:17 +0000 https://cannabisfn.com/?p=2974159

Ryan Allway

November 2nd, 2023

News, Top News, Top Story


Vancouver, BC, Las Vegas, NV – November 2nd, 2023  (CSE: OVAT and OTC: OVATF) – Ovation Science USA Inc. (“Ovation” or the “Company”), with its proprietary topical and transdermal cannabis products powered by its patented skin delivery technology Invisicare®, today announced the signing of an exclusive licensing agreement for Ovation’s topical / transdermal formulations for the state of Missouri. The Company’s new licensee is MidWest Roots, LLC (“MidWest”); a company with a 65,000 square foot cannabis processing facility; one of the largest in Missouri.

Under the terms of the Agreement, MidWest will be responsible for all regulatory, manufacturing, marketing, sales and distribution activities for Ovation’s formulations in the state of Missouri. Ovation will receive royalty income based on wholesale sales to dispensaries. Missouri is approved for adult-use and is growing rapidly, with over 200 dispensaries and already achieving $1.3 billion in sales this year as of the end of August 2023, and according to Headset.io, the sixth largest market. MidWest, known for its expertise in cannabis and consumer goods, is poised to enter the market with Ovation’s products in late Q4 of 2023.

“We are excited to partner with MidWest to bring our innovative topical cannabis products to the Missouri market, said Terry Howlett, President of Ovation. “MidWest has not only a strong production division but also a dynamic team that understands the market including Ovation’s topicals. They have a strong track record of success in the cannabis and consumer goods industry, and we believe that they are the perfect partner to generate revenue in Missouri and bring value for our shareholders.””We are thrilled to bring Ovation’s products to consumers in Missouri. Their products are some of the most effective topical cannabis products on the market, and we believe that they will be a valuable addition to our product line”, said Chris Klein, CEO of Midwest Roots, LLC. “We look forward to launching these products and working with the Ovation team to make it a great success.”

This is the fourth agreement announced by Ovation this year. It follows a recently announced license agreement with Planet 13 for Nevada, a license for Pennsylvania with PA Options for Wellness and a Supply and Distribution Agreement with Golfer’s CBD Ltd. Ovation leverages its expertise in the pharmaceutical industry by using its patented skin delivery technology Invisicare® in its highly effective, proprietary products. Invisicare, backed by over 20 years of research and development, enables substantially more CBD and THC and other cannabinoids to be delivered to and through the skin, which translates into better results for patients. In a recent in-house study, Ovation compared five CBD brand leaders to Ovation Science’s topical CBD cream. All competitor creams tested release less than 2% CBD compared to 40% release from Ovation Science over two hours.

About MidWest Roots, LLC

Midwest Roots has a 65,000 square foot facility for the production of wide variety of cannabis products to serve the Missouri recreational and medical cannabis patients. It is one of the largest facilities in Missouri. Its facility is located in Washington, MO, near Interstates 44 and 70 which makes it an ideal location allowing the company to get the products to dispensaries across the state in a matter of business days. The company produces a variety of cannabis products, including topicals, vape pens, cannabis-infused edibles, pills and (coming soon) pre-rolled joints.

About Ovation Science Inc.

Ovation Science USA Inc, a wholly-owned subsidiary of Ovation Science Inc., is a research and development company that develops topical and transdermal CBD/THC and other cannabinoid products which are out-licensed and also distributed under Ovation’s own brands; ARLO CBD Beauty and InVibe® MD (“wellness” line); all powered by its patented Invisicare® skin delivery technology. Invisicare enhances the delivery of ingredients to and through the skin and is protected by patents and proprietary formulations which cannot be duplicated. With over 20 years of pharmaceutical drug delivery experience, Ovation’s management and science team have created a unique pipeline of over thirty proprietary medical / wellness topical and transdermal products along with a line of anti-aging / beauty formulas. Ovation earns revenues from royalties on licensees’ sales and the sale of Invisicare, along with revenue from its own product sales. Ovation has offices in Vancouver, Canada and Las Vegas, USA.

Stock symbols: CSE under the symbol OVAT and OVATF in the USA on OTC Markets.

Websites: CORPORATE: ovationscience.com

WELLNESS: invibemd.com, BEAUTY: arlocbdbeauty.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular there is no assurance of sales and acceptance of its products in any of the state cited, continued sales in dispensaries or in retail markets or expansion to other states. There are no guarantees of future performance or changes to regulations. Ovation Science Inc. cautions that all forward looking statements are inherently uncertain and that actual results may be affected by a number of material factors, many of which are beyond Ovation Science Inc.’s control. Accordingly, readers should not place undue reliance on the forward-looking information. Ovation disclaims any obligation to revise or update any such forward-looking information to reflect future results, events or circumstances, except as required by law.

Neither the Canadian Securities Exchange, OTC Markets nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

CORPORATE INQUIRIES:

Doreen McMorran: info@ovationscience.com

PH: PH: 604-982-5700

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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Greenlight Launches Adult Use Sales Across 15 Missouri Dispensary Locations https://mjshareholders.com/greenlight-launches-adult-use-sales-across-15-missouri-dispensary-locations/ Mon, 06 Feb 2023 15:21:53 +0000 https://www.cannabisfn.com/?p=2972572

Ryan Allway

February 6th, 2023

News, Top News


KANSAS CITY, Mo.Feb. 3, 2023 /PRNewswire/ — Greenlight (“the Company”), leading, vertically-integrated, multi-state operator, announced today the launch of adult-use sales across the Company’s Missouri dispensary locations. Greenlight is the largest volume operator in the state and is well prepared to serve the expanded market with adult use offerings.

Missouri consumers will now have the option to purchase a variety of products from Greenlight dispensaries that are reliable, safe, effective and come from licensed cultivators including flower, edibles, concentrates and consumables.

Missouri is Greenlight’s home-state where the Company is the largest vertically integrated operator with retail, manufacturing and cultivation facilities. Greenlight has dispensary locations across St. LouisKansas City, Southeast and Southwest Missouri with plans to open more retail locations this year.

Greenlight is prepared to meet the growing demand and has implemented new adult use friendly activations aimed to enhance the consumer purchasing experience including drive-throughs, remodeling, 195 across its retail locations. According to MJBizDaily estimates, the Missouri cannabis market could reach $550 million in first-year sales, with fourth-year sales projected to jump to $800 million$900 million.

“Today is a historic day for Greenlight and the state of Missouri. Given the thriving patient community and surrounding borders we anticipate Missouri to be a billion dollar market by 2024.  We’re looking forward to serving our new community of adult-use consumers as every dollar we sell in a taxed and regulated market is one less dollar going to the black market,” said John Mueller, Co-Founder and CEO of Greenlight. “Greenlight has been preparing for adult use since November; doubling cultivation, adding drive thru enhancements, digital kiosks and expedited lines for patients. We’re ready.”

Greenlight, a leading, vertically-integrated, multi-state operator, continues to expand its operations and dominate in limited license states including MissouriArkansasWest VirginiaIllinois, and South Dakota. Greenlight has 33 cannabis dispensary licenses, more than 150,000 square feet of cultivation and manufacturing, and has plans to operate 40 dispensaries in 2023.

About Greenlight
Greenlight (www.greenlightdispensary.com) is one of the leading cannabis brands in the United States, with operations in MissouriArkansasWest VirginiaIllinois and South Dakota. With over 36 cannabis dispensary licenses and more than 150,000 square feet of cultivation and manufacturing, Greenlight is a vertically integrated operator with strong brands, strains and marketing. Our mission is to provide “Cannabis with Culture” in an inviting atmosphere while welcoming our consumers as part of the Greenlight family.

SOURCE Greenlight

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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Maryland and Missouri Have Legalized Recreational Cannabis https://mjshareholders.com/maryland-and-missouri-have-legalized-recreational-cannabis/ Thu, 10 Nov 2022 08:45:51 +0000 https://marijuanastocks.com/?p=55254 Recreational Cannabis Is Now Legal In Missouri and Maryland

The post Maryland and Missouri Have Legalized Recreational Cannabis appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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These States Had Record Breaking Cannabis Sales In July https://mjshareholders.com/these-states-had-record-breaking-cannabis-sales-in-july/ Tue, 17 Aug 2021 18:45:14 +0000 https://marijuanastocks.com/?p=48766 July Was A Record Time For Marijuana Sales In These States

The post These States Had Record Breaking Cannabis Sales In July appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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