Calgary, Alberta (FSCwire) – International Cannabrands Inc. (CSE:JUJU.A) (the “Company”) is pleased to announce that it has signed a non-binding letter of intent to invest $1 million to acquire a minimum of 51% of Riotus SODO LLC, one of the operating units of Riotus LLC (“Riotus”). Riotus provides facility and operations finance and... Read more
Tree Of Knowledge International Signs $8 Million Equity Commitment with New York-Based Alumina Partners, LLC
August 16, 2018
Calgary, Alberta (FSCwire) – Tree of Knowledge International Corp. (CSE:TOKI) (the “Company”) is pleased to announce that it has entered into a non-binding agreement for a drawdown equity facility of up to CDN$8,000,000 over a 24 month term. The agreement provides for private placement offerings (the “Offerings”) to be conducted between the Company... Read more
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) announced today unaudited systemwide retail revenue for its fiscal 2018 fourth quarter ended June 30, 2018. Across the Company’s operations in California, Nevada and New York, systemwide retail revenue was US$19.2 million (CA$25.2 million). The Company... Read more
VANCOUVER, British Columbia, Aug. 16, 2018 (GLOBE NEWSWIRE) — Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE” or “The Company”) (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to announce it has secured the initial Purchase Order for a National Food Retailing / Branding company for a new retail energy bar. This bar has... Read more
GTEC Holdings Ltd.(GTEC) (GGTTF) Extraction Facility on Track for 2019
Uncategorized August 16, 2018
GTEC previously announced that it had acquired a warehouse located in Kelowna, B.C. for the purpose of submitting an application to the Office of Controlled Substances for a Dealer’s Licence. The site will be developed in a phased approach and will serve as a Good Manufacturing Practices (GMP) grade... Read more
Pure Global Cannabis Inc. (PRCNF) Announces Transformational International Expansion Into Latin America
Uncategorized August 16, 2018
Pure Global Cannabis Inc. (TSX.V:PURE; OTC: PRCNF) (the “Company” or “Pure Global“), a vertically-integrated, growth-oriented life sciences cannabis company, is pleased to announce that it has entered into a binding letter agreement (the “Agreement“) with Avicanna Inc. (“Avicanna“) to acquire a 60% interest in Avicanna’s Colombian subsidiary, Sativa Nativa S.A.S. (“Sativa... Read more
What a $4 Billion Cannabis Investment Means for the Industry
Marijuana Industry NewsUncategorized August 16, 2018
The cannabis industry has been growing for some time now with a massive amount of propensity toward the future. Since the market is still very much in its infancy, any events that occur usually can mean a lot for the whole of the market. The largest piece of news... Read more
The Reshaping of the California Weed Market
CaliforniaMarijuana Industry NewsUncategorized August 16, 2018
The California weed market is arguably one of the most successful in the world given the length it has been around as well as the sheer size of the industry. When the state decided to implement the use of recreational cannabis throughout the nation back on January 1st, everything... Read more
Marijuana taxes pick up in California but still far off target
CaliforniaUncategorized August 15, 2018
LOS ANGELES (AP) — When it comes to the taxman, California’s legal pot market is off to a sluggish start. Marijuana cultivation and excise tax collections hit $48 million between April and June, state officials announced Wednesday. That’s a jump from the prior three months but well below the... Read more
Pomona resident: City stalled marijuana initiative, lawsuit launched
CaliforniaUncategorized August 15, 2018
An attorney said Pomona purposely stalled to keep an initiative allowing marijuana businesses off the November ballot. Roger Jon Diamond, representing Pomona resident Jacqueline Dilley, one of two people who pushed for the initiative, is claiming Pomona officials attempted to stifle the process from the beginning when the petition... Read more
