The past trading week (August 14-18) saw the FDA admit to the benefits of cannabinoids as part of a request for comments, the TSX is still evaluating the dangers of cannabis companies trading on the stock listing while holding business in the US and will provide more info later. Canadian market news and the biggest gaining stocks of the week make finish up the cannabis weekly round-up.
The Investing News Network (INN) reported that thanks to a notice for people to provide comments on the use of cannabinoids, the US Food and Drug Administration admitted to the beneficial uses of CBD in “experimental models of several neurological disorders, including those of seizure and epilepsy.”
A new report from ISRAEL21c details the possibilities for the country of Israel to begin its export of medical cannabis. “The export of medical cannabis is an industry with significant economic potential for the State of Israel and will strengthen Israeli agriculture,” Finance Minister Moshe Kahlon toldISRAEL21c. “It will serve as an opportunity for [Israel] to exploit its relative advantage in developing medical products from medical cannabis.”
The TMX Group issued a statement on Thursday indicating they are working to clarify the situation regarding cannabis companies listed on the TSX, which may have business in the US or intentions of heading that way. Currently cannabis is illegal in the US on the federal level, however, on a state by state cases, there have been my locations that have emopportunitiesitienes of revenue and taxation in cannabis.
The Canadian marijuana ETF stayed stagnant over the trading week. Over the five-day trading period, the Marijuana Life Sciences Index ETF (TSX:HMMJ) finished with a 0 percent decline or increase. As of 1:27 p.m. EST on Friday, the ETF traded at $8.52. Year-to-date, the index has dropped 16.88 percent.
One of Aphria’s (TSX:APH; OTCQB:APHQF) most recent deals provided an update on the status of their expansion. Tokyo Smoke will open six new retail locations over the next two years in Calgary, Alberta, Saskatchewan, and Manitoba. “Expanding into the Prairies by partnering with Leo’s Group allows us to deliver the Tokyo Smoke experience tailored to the local market,” Alan Gertner, founder, and CEO of Tokyo Smoke said in the announcing statement.
Next week will see the launch of a new stock on the Canadian Securities Exchange (CSE). CannTrust Holdings (CSE:TRST) will begin trading on Monday, August 21. This LP is currently upgrading its 420,000 square feet greenhouse facility, with phase 1 expected to be operational before the year is over.
Two of the biggest winners this week in the cannabis public market include Cronos (TSXV:MJN) and Emblem (TSXV:EMC), they reported, at the time of this writing 2:11 EST, a 13.17 percent and a 8.33 percent gain for the past five trading days.
Don’t forget to follow us @INN_LifeScience and @INN_Cannabis for real-time news updates!
Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

US Election 2020 and Cannabis

Investing in cannabis? Read what experts have to say about cannabis and the US Election!

** This article is updated each week. Please scroll to the top for the most recent information**

Cannabis Weekly Round-Up: NIH Funds Medical Marijuana Study

By Bryan Mc Govern August 11, 2017
Over the trading period between August 7-11 in the cannabis market, some big news included another major dip to the Marijuana Life Sciences Index (TSX:HMMJ), while the week also brought the first medical marijuana study funded by a US medical government research group.
In a first of its kind type, the National Institutes of Health (NIH) funded a long-term study looking into the impact of medical marijuana on opioid use. NIH will give $3.8 million over a five-year period to the Albert Einstein College of Medicine and Montefiore Health System for the study.
“We hope this study will fill in the gaps and provide doctors and patients with some much needed guidance,” Dr. Chinazo Cunningham, associate chief of internal medicine at Einstein and Montefiore said in a statement as reported by MarketWatch.

President Donald Trump also declared during the week a state of emergency regarding the opioid crisis affecting the country, whereas cannabis has been suggested as a viable alternative to opioids and their addictive effect on patients. However, Attorney General Jeff Sessions has been a rampant opposer of cannabis in all ways in the US.
The Investing News Network reported on Aphria’s (TSX:APH; OTCQB:APHQF) investment into the US market through the company Liberty Health Sciences (CSE:LHS), which recently began trading on the Canadian Securities Exchange. In a more hands-on deal, Aphria also announced investment in Licenced Producer (LP) hopeful Nuuvera, which will begin construction of a new greenhouse facility.
A new report from Marijuana Business Daily took a closer look at the potential growth medical cannabis companies in Canada may see through the international market.
“In addition to our expertise and the credibility of having operated successfully under rigorous government regulation in Canada, we have access to the level of capital required to make significant investments in equity and also in capital projects,” Cam Battley, board member of Cannabis Canada, told Marijuana Business Daily.
During the Canaccord Genuity Growth Conference in Boston, Canopy Growth (TSX:WEED) CEO Bruce Linton spoke with the Business News Network about the plans of the company in terms of the US market.
Due to the illegal nature of cannabis in the US, Linton said Canopy has no intention to break laws there and wouldn’t want to risk entering that market despite encouraging signs from states legalizing both recreational and medical marijuana.
THC BioMed (CSE:THC) announced on Friday (August 11) that  it signed a $12 million dollar “commitment” from Alumina Partners.
President and CEO John Miller said in a fast moving industry like cannabis the access for capital is essential. “We continue to remain conscious of dilution and look towards revenue generation and profitability to finance our growth only using financing as a last resort,” he said in a press release.
The Canadian marijuana ETF had a decrease over the trading week. Over the five-day trading period, the Marijuana Life Sciences Index ETF (TSX:HMMJ) dipped 9.55 percent. As of 1:45 p.m. EST on Friday, the ETF traded at $8.52. Year-to-date, the index has dropped 16.88 percent.
Lift News reported on the Standing Committee on Health posting briefs, submissions from the general public, regarding the “upcoming analysis” of Bill C-45, the much-anticipated cannabis act.
In a report this week by Cantech Letter, Canaccord analyst Neil Maruoka held a “Buy” rating for Maricann (CSE:MARI) despite the exit of chief financial officer Jeremy Blumer, set to be replaced on an interim basis by CEO Ben Ward.
“While we did have some reservations given the complexity of financial reporting for cannabis companies, following a discussion with management, we are confident that Mr. Ward has sufficient external support from experienced cannabis executives,” Maruoka said.
“I am astonished to hear people suggest that we can solve our heroin crisis by legalizing marijuana—so people can trade one life wrecking dependency for another that’s only slightly less awful,” MarketWatch reported.
It was another short gaining week for cannabis stocks, Aurora Cannabis (TSX:ACB; OTCQB:ACBFF) and Tetra Bio Pharma (CSE:TBP) saw a 0.41 percent increase and a 2.63 decrease respectively.
Don’t forget to follow us @INN_LifeScience and @INN_Cannabis for real-time news updates!
Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of investors that purchased Aurora Cannabis, Inc. (NYSE: ACB) securities between February 13, 2020 and September 4, 2020 (the “Class Period”). Investors have until December 1, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Click here to participate in the action.

Keep reading... Show less

The coming together of two Canadian beverage industry leaders will form a unique vertical in the plant-based mineral and cannabis beverage sectors

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

Keep reading... Show less

The potential for new disease research and treatments is expanding thanks to the global adoption of marijuana for medical purposes.

As more countries open the doors to the use and investigation of cannabis, medical applications for the drug are set to expand — indeed, the substance has already shown much promise.

However, in terms of treating skin cancer patients, currently the promise of cannabis outpaces any medically confirmed results or applications.

Though there may be individual cases crediting the drug, cannabis and its derivatives are not being applied to treat skin cancer — at least not yet. Read on to learn about the current situation and future possibilities.

Skin cancer, cannabis and medical research

According to the American Cancer Society, skin cancer is the most common type of cancer, accounting for over 5 million cases per year. This category holds many different variations, but the main three types are basal cell carcinomas, squamous cell carcinomas and melanomas; the rest are considered rare.

Melanomas develop in specific areas like the neck and face and can be more serious than their counterparts. Basal and squamous cancer cells, on the other hand, develop based on a person’s sun exposure and mostly appear on the head and neck.

The Canadian Cancer Society states that treatments for non-melanoma skin cancer include surgery, radiation therapy, photodynamic therapy and drug therapy, including the use of topicals.

In the future, cannabis and cancer could be paired up as more research across the globe begins to take place and companies look for new medications and formulations, boosted by the early successes of the drug.

Changes are happening slowly, with one serious improvement being when GW Pharmaceuticals (NASDAQ:GWPH) obtained approval in the US for its cannabidiol (CBD) solution, which treats seizures associated with Lennox-Gastaut syndrome or Dravet syndrome in toddlers.

After going through its clinical trials, the company’s Epidiolex drug received approval from the US Food and Drug Administration, signaling that top medical agencies are ready to confirm the medical prowess of cannabis and its derivatives for the benefit of patients.

Cannabis entering the skincare space

Looking more specifically at cannabis and skin ailments, the National Eczema Association has vouched for CBD as an option in the treatment of eczema, a skin disease that affects over 30 million people in the US.

“It has long been observed that cannabinoids possess anti-inflammatory, antimicrobial and anti-itch qualities,” the Independent reported.

A study from the the University of Colorado School of Medicine is looking further into the use of CBD for patients with psoriasis or eczema who have tried using topical steroids or topical immunomodulators.

Robert Dellavalle, professor of dermatology with the University of Colorado, told Inside Science that CBD products are growing in popularity, but the results are not being collected as properly as they could be.

“I believe it’s a wide-open horizon with tremendous potential that needs to be investigated, but there are a number of regulatory hurdles that need to be overcome and that’s where we are,” he said.

A medical study from the University of Colorado’s Anschutz Medical Campus shows the anti-inflammatory sensibilities of cannabinoids are the main reason why cannabis may be potent in combating skin diseases.

As part of its guide for healthcare practitioners, Tilray (NASDAQ:TLRY) indicates that medical cannabis could aid patients with inflammatory skin diseases such as dermatitis, psoriasis and pruritus.

“And while this research is still relatively formative, the results achieved so far clearly indicate its value and the promising potential of cannabis as effective medicine,” Tilray states.

Dave Berg, chief technology officer for software company Strainprint, told the Investing News Network the lack of sophisticated research has impacted the development of novel therapies for patients using cannabis.

“It’s been very difficult for people to study cannabis in a clinical way, but there’s been a ton observational data … There’s no really strong observational data set that allows us to make proper decisions,” Berg said.

In an effort to increase the research options available for cannabis, the Canadian federal government announced in 2018 that it would spend C$10 million over five years in order to assess the impact of cannabis use on the mental health of Canadians.

The government also promised C$10 million to the Canadian Center on Substance Use and Addiction for research purposes.

CBD skincare products getting traction

Amid developments geared at solving specific skin issues, more general CBD skincare products are also gaining popularity among many consumers.

For example, the introduction of cosmetics with cannabis elements, supported by Canadian licensed producers, is another upcoming element for the skin treatment segment of consumers. While not medical, this avenue does offer more options in terms of cannabis uses.

The endorsement from consumers for CBD ointments and other topicals for skincare has been documented with multiple products launched in the fractured US cannabis market.

One downside of the growth in these products is that it has led companies to make more and more claims about how these items can help with skin conditions. One study from the Journal of the American Medical Association warns that CBD products are often mislabeled online.

Takeaway on cannabis and skin cancer

In order for skin cancer patients to see the potential benefits from treatment with medical cannabis, much still has to change in Canada and abroad.

As the medical and recreational sections of the cannabis space continue drifting apart thanks to legalization efforts, the medical space should get more time to properly research and investigate the drug’s applications.

The early position CBD has gained in terms of skin maintenance and treatment could lead to further research on its impact on more serious diseases.

What’s more, GW Pharmaceuticals’ success, along with increased awareness of the medical benefits of cannabis, is moving the needle on research efforts geared at finding out how capable the drug will be in the medical space.

Keep reading... Show less

The growth of the cannabis industry has made it possible for companies to offer many different investment opportunities through the major exchanges in Canada.

Previously known as the Canadian Venture Exchange, the TSX Venture Exchange is the sibling of Canada’s main listings board, the larger Toronto Stock Exchange.

For those interested in investing in cannabis companies, this exchange offers a variety of cannabis-related businesses, from growers to biotech companies looking for cannabinoid therapies.

Here the Investing News Network offers investors a growing list of all cannabis-related companies listed on the TSXV. Read on to learn more about them and their businesses.

48North (TSXV:NRTH)

This company is a marijuana producer looking to offer a variety of products for the recreational market in Canada, including for the health and wellness industry. 48North is a licensed outdoor grower of cannabis.

Auxly Cannabis Group (TSXV:XLY,OTCQX:CBWTF)

Created by Chuck Rifici, co-founder of Tweed, Auxly Cannabis Group operates as a cannabis streaming investment firm looking to boost various plays related to the sector.

Avricore Health (TSXV:AVCR)

While Avricore Health operates as a healthcare technology company, in 2017 the firm made a deal with Emerald Health Therapeutics (TSXV:EMH,OTCQX:EMHTF) for the right to develop and sell endocannabinoid products in Canada to licensed pharmacies.

CanadaBis Capital (TSXV:CANB)

This cannabis company is targeting the Canadian market through a business model that is focused on cultivation, research, product development, retail and hemp.

Emerald Health Therapeutics

This Canadian cannabis company holds a variety of growing assets in the country. The firm holds a 50/50 joint venture for the management of a grower in BC with Village Farms International (TSX:VFF,NASDAQ:VFF).


EnWave is a technology company that has centered itself in the cannabis business thanks to its Radiant Energy Vacuum drying technology for organic materials. It effectively decreases the time from the harvest to the sale of cannabis products.


Through its partners, investment firm Elixxer presently has significant interests in Australia, Jamaica, Switzerland, Italy and Canada.


Eve & Co. is a Canadian cannabis producer that, thanks to its subsidiary Natural MedCo, is targeting female consumers, specifically with premier brands.

Experion Holdings (TSXV:EXP,OTCQB:EXPFF)

Formerly known as Viridium Pacific Group, this cannabis investment firm holds a portfolio of assets, including its licensed producer Experion Biotechnologies in BC.

The Flowr Corporation (TSXV:FLWR,OTC Pink:FLWPF)

The Flowr Corporation is a vertically integrated cannabis company working on the cultivation and sale of medical and recreational marijuana in Canada.


FluroTech is a technology company working on a cost-effective testing platform for the cannabis industry at large. The company’s proprietary CompleTest employs fluorescence spectroscopy technology to measure the specific contents of the product.


This Kelowna-based cannabis company is vertically integrated, with operations in the cultivation, extraction and analytical testing sectors. The company is also pursuing retail operations through various investments.

Harvest One Cannabis (TSXV:HVT,OTCQX:HRVOF)

Harvest One Cannabis is a cannabis company with production and assets spread across Canada, Europe, Israel and Australia. The company gains its reach thanks to its three subsidiaries: United Greeneries, Satipharm and Dream Products.

Hill Street Beverage Company (TSXV:BEER)

This beverage maker has made its name thanks to its development of non-alcoholic beverages. Now the firm will offer consumers cannabis-infused drinks.


INDIVA is a company focused on the supply of medical cannabis. Through an acquisition, it holds a licensed producer with an indoor cannabis facility in Ontario.

Khiron Life Sciences (TSXV:KHRN,OTCQB:KHRNF)

Khiron Life Sciences is a Colombia-based cannabis company raising capital in Canada. The firm has declared that it will seek to expand its presence through Latin America, including Mexico.

Meta Growth (TSXV:META)

This company is a retail operator managing cannabis shops across Canada. Meta Growth manages two recreational store brands: Meta Cannabis Supply and NewLeaf Cannabis.

Namaste Technologies (TSXV:N,OTCQB:NXTTF)

After a tumultuous management change, Namaste Technologies has centered back on its investments and the development of its marijuana play, which includes its online platform of cannabis consumer information.

Naturally Splendid Enterprises (TSXV:NSP,OTCQB:NSPDF)

Naturally Splendid Enterprises is a biotech company developing hemp products for consumers in the health and wellness space. It plans to pursue a stake in the edible cannabidiol market as well.


Pharmacielo is another cannabis company originally from Colombia raising capital in the Canadian markets. The company is headquartered in Canada, but operates part of its marijuana growing in Colombia.

Radient Technologies (TSXV:RTI,OTCQX:RDDTF)

Radient Technologies is an extraction technology company that has dabbled in the cannabis sector thanks to a partnership with licensed producer Aurora Cannabis (TSX:ACB,NYSE:ACB).

Relevium Technologies (TSXV:RLV,OTC Pink:RLLVF)

Thanks to its subsidiary Biocannabix, this company has a cannabis play in the development of pharmaceutical-grade products infused with cannabinoid formulations.

SugarBud Craft Growers (TSXV:SUGR)

Like some other Canadian cannabis producers, this Alberta company specializes in growing and developing craft-style premium cannabis products.

Target Capital (TSXV:TCI)

Doing business as CBi2 Capital, this Alberta-based company’s investment strategy focuses on developing and managing a diversified portfolio of predominantly early stage cannabis opportunities.


Tetra Bio-Pharma is researching and developing medicines based on cannabis and its elements.

Therma Bright (TSXV:THRM)

Therma Bright is a medical device company that has a subsidiary seeking to carve up a space in the technology space for medical and recreational marijuana thanks to its pain relief device.


WeedMD is another Canadian cannabis producer making product for the medical and recreational markets in Canada. Its subsidiaries include WeedMD Rx and CX Industries.


YSS operates as an adult-use cannabis retailer with 17 stores in Canada.

Keep reading... Show less

Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff

Tactile Systems Technology (NASDAQ:TCMD)
Class Period:
May 7, 2018 – June 8, 2020
Deadline: November 30, 2020
For more info:

Keep reading... Show less