NewsRoom Articles - Page 334 of 612

ThursdayAug 20, 2020 4:20 am

420 with CNW – Virginia’s Medical Marijuana Program is Set to Be Launched

The state-legal cannabis industry has been growing steadily over the years, with the sector worth an estimated $13.6 billion as of 2019. At the moment, 33 states have legalized medical cannabis and Virginia is set to join the club. The state’s medical marijuana law had been a constant source of confusion and frustration for reform advocates until Gov. Ralph Northam recommended an amendment to revise the language of the legislation to expand patient access to the plant and grant them legal protections. The state’s medical cannabis program is set to launch soon with four medical marijuana dispensaries opening their doors…

WednesdayAug 19, 2020 4:20 pm

420 with CNW – Wyoming Judge Throws Out Pot Charges Against Hemp Farmers

A mother and son duo of farmers who prominently advocated for the law that legalized hemp in Wyoming can finally rest easy after a judge dismissed the marijuana trafficking charges they were facing. Back in November 2019, agents with the Wyoming Division of Criminal Investigation (“DCI”) raided Debra Palm-Egle and Joshua Egle’s farm and found 700-plus pounds of dried plant material they assumed to be marijuana. The two were charged with a bevy of marijuana offenses alongside Brock and Shannon Dyke, a contractor and his wife who worked for the farmers and were on the property when it was raided.…

WednesdayAug 19, 2020 4:20 am

420 with CNW – Marijuana Legalization Measure Gets the Nod for November Arizona Ballot

Cannabis reform activists in Arizona can finally rest easy after a measure to legalize cannabis in the state officially qualified for the November ballot. The activists behind the initiative submitted 420,000 signatures in late June, a lot more than the 237,645 valid signatures that were required to qualify the measure. More than a month later, the Secretary of State Katie Hobbs has announced that Arizona citizens will be voting to legalize cannabis in the November ballot after the Smart and Safe Arizona campaign had submitted at least 255,080 valid signatures. If passed, the measure would allow individuals 21 and older…

TuesdayAug 18, 2020 4:20 pm

420 with CNW – Upcoming Documentary Will Explore Medical Cannabis Science

Despite being illegal at the federal level, the state-legal cannabis industry has come quite a long way. As people shy away from pharmaceuticals and look towards more natural alternatives, more and more funds are being invested in researching marijuana and its effect on the human body. Next month, a documentary from Mad Machine Films will offer an in-depth look into the modern science behind cannabis, from the trailblazing scientists who pioneered cannabis research to all the lives that have been changed by the curative power of cannabinoids. Directed by David Jakubovic, the film will be available in North America via…

TuesdayAug 18, 2020 9:30 am

MediPharm Labs (TSX: LABS) (OTCQX: MEDIF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

MediPharm Labs (TSX: LABS) (OTCQX: MEDIF) brings a pharmaceutical perspective to the cannabis industry, working to internationally recognized pharma-quality standards which result in products that are pure, trusted and precisely doseable for patients and end consumers. MediPharm Labs specializes in the creation and formulation of bulk active pharmaceutical ingredients (API’s) as well as the sale of white-labeled formulated finished products to a wide range of corporate partners in addition to its own proprietary, MediPharm Labs-branded products. MediPharm is currently working on the production of 60 different products and supplying API’s to clients in Australia, Europe, North America as well as…

TuesdayAug 18, 2020 9:30 am

Body and Mind Inc. (CSE: BAMM) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Body and Mind Inc.is a debt-free publicly traded US multi-state operator investing in high-quality medical and recreational cannabis cultivation, production and retail in California, Nevada, Ohio and Arkansas The company possesses a well-established distribution system comprised of long-term relationships with dispensaries throughout Nevada, as well as its own cultivation and production facilities. Subsequently, BAMM expanded into California through the ShowGrow dispensary in San Diego (60% owned by BaM) as well as the ShowGrow Long Beach dispensary while simultaneously creating Body and Mind branded products at a licensed California manufacturing facility. More recently, the BAMM has ventured into the states of…

TuesdayAug 18, 2020 9:30 am

SLANG Worldwide (CSE: SLNG) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

SLANG Worldwide (CSE: SLNG) is a consumer packaged goods company that owns, licenses and markets cannabis brands, serving the vaporizer, flower, concentrates, edibles and ingestibles categories. Featuring a robust portfolio of renowned brands distributed across over 2,600 retail stores in 12 US states, SLANG Worldwide sold over 4 million branded units in 2019, representing 250 million individual branded servings. Going forward, the company aims to focus its efforts on growing its presence within the states of Colorado and Oregon, expanding its partnerships in several other states, and further developing its product catalog – including vape brands ‘Firefly’ and ‘O.penVAPE,’ concentrates…

TuesdayAug 18, 2020 9:15 am

4Front Ventures’ (CSE: FFNT) (OTCQX: FFNTF) Mission Dispensaries Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Mission Dispensaries is the retail subsidiary of 4Front Ventures (CSE: FFNT) (OTCQX: FFNTF), which currently owns, operates or manages cultivation and production facilities and retail facilities across 5 states with headquarters in Arizona. 4Front operates through 3 key subsidiaries, namely BrightLeaf Development, which oversees the cultivation, production and manufacturing aspect of 4Front’s business; Mission Dispensaries, which operates 4Front’s network of branded medical cannabis dispensaries and adult-use stores; as well as Pure Ratios’, which aims to combine cannabis into a wide-range of natural medicine products. Mission Dispensaries operates a chain of 13 medical cannabis dispensaries and adult-use stores across the states…

TuesdayAug 18, 2020 9:15 am

Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Canopy Rivers (TSX: RIV) (OTC: CNPOF) is a venture capital firm specializing in investing and helping build out innovative companies from across the cannabis value chain. The company’s portfolio is wide-ranging, including companies focused on applying agricultural innovations that improve the potential of cannabis and hemp plants, the processing of cannabis and hemp into finished products, creating devices and tools used to enhance the cannabis consumption experience as well as software designed to streamline supply chain management and improve brand visibility. Canopy Rivers’ venture capital & portfolio operations team works directly with their portfolio companies to further identify opportunities for collaboration…

TuesdayAug 18, 2020 9:00 am

Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF)is a leading medical cannabis company in the state of Florida, capturing a 51% share of Florida’s cannabis market. Operating a vertically-integrated “seed-to-sale” model, Trulieve controls a network of 55 stores in Florida in addition to 57 stores nationwide through which it markets and distributes its wide range of more than 500 individual products. Over the past year, the company has taken steps to broaden its geographical footprint, announcing the purchases of licenses in California and Massachusetts while also opening a cannabis dispensary in the state of Connecticut. Kim Rivers, CEO of Trulieve, will be…