Health Canada has a year to regulate edible cannabis products and concentrates and until those regulations are announced, companies are looking at developing new products for the market. Currently, the federal government has legalized dried bud, oil and seeds, but cannabis companies are remaining optimistic that the edible market will be legalized within the year. In an article by The GrowthOp, INDIVA (TSXV:NDVA) CEO Niel Marotta weighed in on the future of the cannabis market and where he thinks the market will head in the future.

Marotta believes that the market will see the development and commercialization of a vast variety of cannabis products within the coming year. “The future of the marijuana market is not in traditional dried flower,” he said.


Additionally, Marotta and other industry leaders are certain that anti-smoking laws will ever allow smoking cannabis in bars, restaurants and other public indoor places. As a result, many believe that the Canadian cannabis market will move towards edibles, INDIVA among them. To highlight the interest in the edibles market, Marotta pointed out that his mother is interested in the cannabis sugar that INDIVA will be offering through their licensing agreement with Ruby Edibles, a cannabis company that specializes in making cannabis-infused sugar and salt.

“She can’t stop asking me when it’s coming,” said Marotta. “There is zero possibility that she’ll ever be a smoker, and I don’t think she’d ever vape, but sugar in her tea or salt on her fries…”

To view the full article, click here.

Click here to connect with INDIVA (TSXV:NDVA) for an Investor Presentation. 

Source: www.thegrowthop.com

Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States today announced the appointment of Marcum LLP (“Marcum”) as its independent registered public accounting firm, effective July 5, 2021 . Marcum was appointed following the resignation of MNP LLP (“MNP”) as the Company’s independent registered public accounting firm effective July 5, 2021 .

“We would like to thank MNP for their guidance and expertise over the past two years and we look forward to working with Marcum as the Company’s new independent registered public accounting firm,” stated Chief Financial Officer, Alex D’Amico.

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Cannabis-infused beverages are not a new product concept, but this summer Canadian drink makers hope consumers will discover them for the first time.

Recreational cannabis beverages have beguiled Canadian producers through different avenues, and many continue to make investments. The promise of these drinks lies in the potential of a more welcoming option for new consumers who may be out of their depth with rolled-up dried flower.

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In the news release, BioHarvest Sciences Inc.‘s First Cannabis Cell Reservoir Produces Ongoing Flowering Stage Cannabinoid Cells For 2 Years, issued 07-Jul-2021 by BioHarvest Sciences Inc. over PR Newswire, we are advised by the company that an incorrect version of the release was issued inadvertently. The complete, corrected release follows:

BioHarvest Sciences Inc.‘s First Cannabis Cell Reservoir Produces Ongoing Flowering Stage Cannabinoid Cells For 2 Years

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Trulieve is the first medical cannabis operator to start planting in the state

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company based in the United States announced today that it commenced operations in West Virginia . The Company has begun cultivation at their 100,000 square foot size facility in Huntington, West Virginia .

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– The Company demonstrates the efficiency and reliability of its BioFarming technology by reducing production cycle time for Cannabis from 14-23 weeks to 3-4 weeks.

– The Company’s BioFarming technology will allow the Company to harvest 13-17 cycles per year versus 2-4 cycles per year for conventional Cannabis agriculture.

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