Cannabis Weekly Round-Up: Peru on Path for Legal Medical Cannabis
The Investing News rounds some of the biggest news in the cannabis market for the past trading week
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The Investing News rounds some of the biggest news in the cannabis market for the past trading week
The Canadian Securities Exchange launched a new index meant to account for the largest companies on the exchange, some of the top weighing companies in the index operate in the cannabis business.
By Shelly Kumar
Global Cannabis Applications Corp (GCAC) (CSE:APP, FRA:2FA, OTCQB:FUAPF), a leading developer of innovative data technologies for the cannabis industry, is pleased to announce Adam Miller, founder of the Medical Cannabis Council, will be joining the Board of Directors of Global Cannabis Apps Corporation (Australia) Pty. Ltd. (“GCAC Australia”), the Company’s 61% subsidiary in
Alternate Health announced the company was ranked fourth amongst its peers on the CSE 25 Index.
By Shelly Kumar
Supreme Pharmaceuticals Inc. (“Supreme” or the “Company”) (TSXV:FIRE) is pleased to announce its wholly owned subsidiary, 7ACRES, has completed a sale of dried cannabis to Emerald Health Botanicals Inc. (“Emerald”), a wholly owned subsidiary of Emerald Health Therapeutics, Inc. (TSXV:EMH). Emerald is a Canadian Licensed Producer with a focus on
By Shelly Kumar
The Hydropothecary Corporation (“THCX” or the “Company”) (TSXV:THCX) is pleased to announce its processed medical marijuana products have been granted kosher certification by the Ottawa Vaad HaKashrut. It is the only kosher certification currently granted to cannabis products in Canada.
The kosher certification, includes Decarb, the ready-to-consume activated marijuana powder product
FinCanna Capital Corp. and Astar Minerals Ltd. (TSXV:TAR) (Astar) report an update to the terms of the non-brokered subscription receipt financing for gross proceeds of up to C$10,000,000 announced on July 13, 2017 and the brokered subscription receipt financing for gross proceeds of up to C$10,000,000 announced on July 19,
Liberty Health Sciences announced it secured locations for two medical cannabis dispensaries that are scheduled to open later this year.
The Investing News rounds some of the biggest news in the cannabis market for the past trading week
By Shelly Kumar
MassRoots, Inc. (OTCQB:MSRT), one of the leading technology platforms for the cannabis industry, is pleased to report it is planning to expand its point-of-sale system, MassRoots Retail (formerly known as Odava), to the Nevada cannabis market. On September 13, 2017, Nevada regulators announced all state-licensed cannabis businesses must file regulatory reports via Franwell, Inc.’s METRC system,
By Shelly Kumar
High Hampton Holdings Corp. (CSE:HC) (“High Hampton” or the “Company“) is pleased to provide an update on its California operations. The Company has engaged Infrastructure Engineers, a multi-disciplinary municipal engineering firm located in Brea, California, to assemble and assist with the filing and processing of a conditional use permit (CUP) application for the Company’s 100%
The latest data dump from Health Canada regarding the state of medical cannabis in the country indicates a steady growth and adoption of the drug all over the territory.
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
Luminor Medical Technologies (TSXV:LMT) is pleased to announce that it has amended the terms of its acquisition of Jamaica-BLU Ltd. (“J-BLU”) which was previously announced on May 10, 2017 and that it plans to close up to $3,000,000 in a private placement financing (the “Financing”) at a price of $0.15 per
By Shelly Kumar
The Green Organic Dutchman Holdings Ltd. is pleased to announce that it has entered into an agreement with a syndicate (the “Syndicate”) led by PI Financial Corp. (“PI”) to complete a private placement offering of units (the “Units”). The Syndicate will offer on a commercially reasonable effort basis 4,242,500 Units
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.
By Shelly Kumar
WeedMD Inc. (TSX-V:WMD),, a federally licensed producer and distributor of medical cannabis under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), is pleased to announce it has entered into a consulting services agreement with Stoic Advisory Inc. (“Stoic”), to support the Company with ongoing business development initiatives and capital markets
By Shelly Kumar
The Green Organic Dutchman Holdings Ltd. (the “Company”) is pleased to announce that it has secured a 75-acre property located in Salaberry-de-Valleyfield, Quebec (the “Quebec Property”).
The Company intends to develop the Quebec Property in multiple phases, with Phase 1 construction expected to commence in the fall of 2017. The Quebec
By Shelly Kumar
Alliance Growers Corp.(CSE:ACG; FWB:1LA) is pleased to announce that in connection with the acquisition of the land for the Cannabis Botany Centre, Alliance is finalizing an exclusive financing proposal with a Western European Financing group with offices in Amsterdam, New York, London and Germany.
The financing of Alliance Growers projects is
By Shelly Kumar
PUF Ventures (CSE:PUF, Frankfurt:PU3, OTCPK:PUFXF), announces that it intends to spin out its WeedBeacon proprietary technology, current app developments, databases, graphics, brochures and other marketing materials and liabilities (the “Assets”) into its wholly-owned subsidiary, Vapetronix Holdings Inc. (“Spinco”) by way of a plan of arrangement (the “Arrangement”) pursuant to Division 5 of Part
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