Cannabis Weekly Round-Up: LPs Sign Deal with New Brunswick for Recreational Cannabis
The Investing News rounds some of the biggest news in the cannabis market for the past trading week
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Your trusted source for investing success
The Investing News rounds some of the biggest news in the cannabis market for the past trading week
By Shelly Kumar
FinCanna Capital Corp., the royalty investment company for licensed medical cannabis, and Astar Minerals Ltd. (TSX VENTURE: TAR) reports that FinCanna’s flagship investment, Cultivation Technologies, Inc. (CTI), has begun operations in Coachella, California with one of the state’s first permitted solvent extraction facilities for medical cannabis.
CTI established the medical cannabis extraction lab
By Shelly Kumar
CanniMed Therapeutics Inc. (TSX:CMED) (“CanniMed” or the “Company”) today released its financial results for the three and nine months ended July 31, 2017.
Highlights
Sales of $4.8 million in the quarter were 80 per cent higher than in the comparable period of the prior year and were 29 per cent higher than the second quarter of 2017.
The Investing News reported took a closer look at some of the big cannabis news of the week and published an interview with the president of Cannabis Wheaton.
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) announces the Company has submitted an abridgement application (the “Abridgment Application”) to Health Canada under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) for a license to produce and sell cannabis (the “License”). The Abridgement Application is an update and revision of the Company’s
By Shelly Kumar
ABcann Global Corporation (TSXV:ABCN) and Cannabis Wheaton Income Corp. (TSX.V:CBW) (“Cannabis Wheaton” or “CW”) are pleased to announce completion of CW’s purchase of $15 million of ABcann common shares at an agreed upon valuation of $2.25 per share (the “Initial Investment”). The Initial Investment forms part of a larger phased investment by Cannabis
Beleave Inc. (CSE: BE) (CSE: BE.CN) (CNSX: BE) is pleased to announce that it is now beginning work on a technological development research project at Ryerson University, with the goal of developing and validating technologies that are able to quantify micronutrient and heavy metal content in the cannabis plant, in
By Shelly Kumar
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) announces, further to its press release dated June 20, 2017, that the Company and BioNeva Innovations of Henderson LLC (“BioNeva”) have jointly submitted a Medical Marijuana Establishment Certificate (the “Nevada Permit”) transfer application (the “Transfer Application”) to the City of Henderson, Nevada , pursuant to
MassRoots, Inc. (OTCQB:MSRT), one of the leading technology platforms for the cannabis industry, announced today that MassRoots Chairman and Chief Executive Officer Mr. Isaac Dietrich will host a shareholder update call on Thursday, June 29, 2017 at 10:00 am EDT. During the call, management will provide insight on recent and
Invictus MD (TSXV:IMH) is pleased to announce its inclusion in the Horizon Medical Marijuana Life Sciences ETF (TSX:HMMJ) (“HMMJ ETF”), which is trading, and is the first ETF to offer direct exposure to North American-listed stocks that operate in the legal medical cannabis industry.
Horizon Medical Marijuana Life Sciences ETF is
Global Cannabis Applications Corp (GCAC) (CSE:APP, FRA:2FA, OTCQB:FUAPF), a leading developer of innovative smartphone applications for the cannabis industry, is pleased to announce it has established a presence in Australia with the appointment of Jason Webb as Managing Director for Australian Operations.
Jason Webb has extensive experience in tech commercialisation in
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) is pleased to provide the following update of its California and Nevada cannabis operations.
Nevada
Maple Leaf has completed the purchase of four (4) acres of industrial land in the City of Henderson, Nevada (the “Nevada Facility”) as announced on January 30, 2017. Management expects
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) announces, further to its press release dated May 24, 2017, that the Company has signed up with Paramount Structures Inc. (“PSI”) to commence construction immediately on its cannabis cultivation facility located in Telkwa, British Columbia (the “B.C. Facility”).
The time schedule presented by PSI indicates
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) (“Maple Leaf” or the “Company”) announces, further to its press release dated May 31, 2017, the following progress report from Cannabis Compliance Inc. (“CCI”):
“We have been contracted by Maple Leaf to assist in obtaining a license from Health Canada (the “License”) for their 80,000
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) announces that it will discontinue all future business relations with TheraCann International Benchmark Corporation (“TheraCann”) due to billing irregularities and overbilling.
Maple Leaf continues to execute its strategy of diligent deployment of capital, this includes reviewing all requests for payment. Unfortunately, TheraCann’s contractual and invoicing
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) is pleased to announce that it has retained Cannabis Compliance Inc. (“CCI”) to expedite its ACMPR application for a license to produce medical cannabis from Health Canada (the “ACMPR License”). The Company’s objective is to obtain the ACMPR License from Health Canada before the
By Shelly Kumar
ABcann Global Corporation (TSXV:ABCN) and Cannabis Wheaton Income Corp. (TSX.V:CBW) (“Cannabis Wheaton” or “CW”) are pleased to report that they have entered into a binding interim agreement (the “Agreement”) to fund the construction of 50,000 square feet of cultivation space (the “Expansion Production Area”) at ABcann’s proposed cannabis cultivation facility
Maple Leaf Green World (TSXV:MGW; OTCQB:MGWFF) is pleased to announce that it has engaged Paramount Structures Inc. (“PSI”), a Calgary based company, for the design, engineering and construction of both of its Cannabis cultivation facilities at Telkwa, B.C. (the “B.C. Facility”) and Henderson, Nevada (the “Nevada Facility”).
PSI specializes in
By Shelly Kumar
MassRoots, Inc. (OTCQB:MSRT), a leading technology platform for the medical cannabis industry, is pleased to announce the Company has filed its quarterly report with the Securities and Exchange Commission (SEC) for the quarter ending March 31, 2017. With more than $5.6 million in assets, the Company has its strongest balance
Alternate Health announced an agreement to acquire Neubauer Hyperbaric Neurological Center in Florida.
