Category Archives: Medical Marijuana

Women Are Disappearing From the Cannabis Industry. Why?

Women Are Disappearing From the Cannabis Industry. Why?

eCann Media is proud to showcase our portfolio of investments and subsidiaries. We have completed numerous investments across multiple verticals and sectors in the cannabis industry. Requesting an invitation will enable the eCann team to consider your eligibility for investment as well help us to identify the opportunities that best fit your needs and investment objectives.

Published at Tue, 21 May 2019 13:00:00 +0000

California Senate Passes Banking Bill, Federal Lawmakers Host Cannabis Lobby: Week in Review

California Senate Passes Banking Bill, Federal Lawmakers Host Cannabis Lobby: Week in Review

CHICO — The new Commercial Cannabis Advisory Committee met for the first time on Wednesday evening; the meeting was largely introductory and served as an overview of what the board hopes to accomplish in the next few months.

Members of the committee include City Council appointee and City Vice Mayor Alex Brown, representatives from the Downtown Chico Business Association, Chico State, Chico Unified School District, Butte County Public Health, and the Chico Chamber of Commerce, as well as a local cannabis expert, a local business owner and two community members-at-large.

Chico Mayor Randall Stone made a quick appearance at the start of the meeting, in which he told the assembled committee members that local marijuana regulation was a “challenging and certainly politically heated topic” but that he had faith in the board finding a solution that would work for both sides of the debate.

Read more

Published at Fri, 24 May 2019 09:00:00 +0000

High Tide Acquires Retail Cannabis Store and E-commerce Business to Enter Saskatchewan Market

High Tide Acquires Retail Cannabis Store and E-commerce Business to Enter Saskatchewan Market

CALGARY, May 24, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (FRA:2LY), an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that it has closed the acquisition of Dreamweavers Cannabis Products Inc. (“Dreamweavers”), a retail cannabis store and e-commerce business currently operating in Swift Current, Saskatchewan as licensed by the Saskatchewan Liquor and Gaming Authority. The consideration paid to close the acquisition of Dreamweavers was $1,550,000 in cash and 3,100,000 of the special warrants previously authorized for issuance on December 14, 2018, consisting in aggregate of 3,100,000 common shares of High Tide and 1,550,000 purchase warrants exercisable at $0.75 per common share of High Tide.
 

Published at Fri, 24 May 2019 17:15:20 +0000

This Booming California Cannabis Brand Is Growing Fast by Offering Gig Workers Good Jobs

This Booming California Cannabis Brand Is Growing Fast by Offering Gig Workers Good Jobs

eCann Media is proud to showcase our portfolio of investments and subsidiaries. We have completed numerous investments across multiple verticals and sectors in the cannabis industry. Requesting an invitation will enable the eCann team to consider your eligibility for investment as well help us to identify the opportunities that best fit your needs and investment objectives.

Published at Thu, 23 May 2019 12:00:00 +0000

Beleave Inc. (BLEVF) Receives Approval for Hamilton Facility Expansion from City Council

Beleave Inc. (BLEVF) Receives Approval for Hamilton Facility Expansion from City Council

Beleave Inc. (CSE: BE) (OTCQX: BLEVF) (“Beleave” or the “Company“) is ready to move forward with the long-awaited expansion of its Hamilton facility after receiving approval from the Hamilton City Council.

Last Tuesday, the Planning Committee unanimously authorized Beleave’s request to rezone the Hamilton facility and allowed the application to proceed forward to last night’s vote which marks the final step in the approval process and was awarded without opposition.

“This is a major breakthrough for Beleave. Our whole team is so pleased to finally receive this approval which grants us the freedom to expand our vital operations and make good on the promise we made to our shareholders,” said Beleave CEO, Bill Panagiotakopoulos. “Most of all, I am immensely proud of our leadership team and employees. They have worked diligently to make a day like today possible.”

Beleave’s Hamilton facility is a state-of-the-art hub for high-efficiency extraction, processing, and cultivation of cannabis and cannabis-derived products. The newly-approved expansion will provide the ability to significantly increase current operations, distribution, and sales beyond what they are today.

The Hamilton expansion is one of two major projects underway in Ontario for Beleave as it prepares for the anticipated increase in demand of cannabis and cannabis-derived products for the Canadian recreational and medical markets.

Late last year, Beleave purchased an existing 250,000 sq. ft. greenhouse facility on 85 acres of land in London, Ontario. The Company has been developing the property for cannabis extraction, processing, and cultivation, and expects the project to be completed later this year. It includes the installation of 10 megawatts of electrical capacity fully serviced by London Hydro, HVAC systems, cultivation and processing equipment, and site engineering to match or exceed industry standards. A building permit was granted by the City of London on April 1, 2019.

With both facilities approved by their respective municipal governments, the Company will now focus efforts toward a timely and cost-effective completion of both projects.

Beleave thanks the Hamilton City Council for their continued cooperation and support through the approval process. The Company looks forward to an ongoing and productive relationship with the city and the community as a whole.

ABOUT BELEAVE INC.

Beleave is an ISO certified, Canadian cannabis company headquartered in the Greater Toronto Area that cultivates high-quality cannabis flower, oil and extracts for medical and recreational markets. Beleave is fully-licenced to cultivate and sell medical and recreational cannabis and is leading the way through research partnerships with universities to develop pharma-grade extracts and derivatives.

Beleave is developing new product lines, including cannabis-infused products, oils, vape pens, and other novel cannabis delivery methods for 2019. Beleave has developed a network of medical cannabis clinics in Ontario and Quebec under the Medi-Green banner. Through its majority ownership of Procannmed S.A.S., Beleave is fully licensed to cultivate, produce, and extract medical cannabis in Colombia positioning it to capitalize on exports and the expanding Latin American market. The Company has partnered with Canymed GmbH to supply the German market with medical cannabis.

Investor Relations Contact:
Kevin Keagan
Chief Communications Officer
Phone: 1 (647) 449 – 7352
Email: kkeagan@beleave.com

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). The use of any of the words “plan”, “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and other similar words, or statements that certain events or conditions “may” or “will” occur are intended to identify forward-looking information. These statements are only predictions. Although the Company believes that the expectations and assumptions on which the forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. This information speaks only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents, which can be found under the Company’s profile on www.sedar.com.

Published at Thu, 23 May 2019 12:42:28 +0000

Canopy Rivers Speaks Out On A Major Supply Agreement With Canopy Growth And PharmHouse

Canopy Rivers Speaks Out On A Major Supply Agreement With Canopy Growth And PharmHouse

Canopy Rivers Inc says that PharmHouse Inc- its portfolio company- has moved into a second offtake agreement. It enters this agreement with Canopy Growth Corporation and the target is to obtain high quality cannabis. The business guru is confident that the 1.3 million square foot greenhouse facility won’t disappoint and it seeks to obtain proper licensing as soon as possible.

Details regarding the agreement

The agreement outlines that an additional 20% of PharmHouse’s flowering space will be dedicated to Canopy Growth. This will go on for about three years. The company had in May 2018 directed about 10% of its flowering space.

Canopy Growth looks forward to obtaining a minimum of 25,000 kg of cannabis on a yearly basis. It adds that on the maximum it might be receiving about says it might attain a maximum of 45,000 kg of cannabis per year.

Olivier’s perspective

The Chief Operating Officer of Canopy Rivers Olivier Dufourmantelle outlines that PharmHouse continues showcasing tremendous progress. He adds that the joint venture is expanding quite fast and that it is the major pillar for value creation. The official believes that much needs to be done to enhance the Canopy Rivers portfolio ecosystem.

Dufourmantelle opines, “Thanks to the collaborative contributions of our joint venture partners, the ongoing support and guidance of Canopy Rivers, and the strategic insight of Canopy Growth throughout the licensing process”.

Olivier says that the recently announced incremental supply partnership is a good sign emphasizing that it will benefit all the parties involved.

The new supply arrangement is about giving PharmHouse financial de-risking and additional revenue visibility for a large part of production. Analysts say that the flagship facility will deliver desirable results. Currently, Canopy Rivers is the holder of about 49% equity interest. It also covers almost 50% of the anticipated yearly output.

PharmHouse looks to develop its own suite of brands and products with the 50% increment in output. General Manager of PharmHouse Tony Abbas believes that the offtake agreement is a major step forward for them. He proceeds to disclose details about the next agreement they intend to execute with Canopy Growth. According to the official, the latest activities are a sign that they have been engaging in quality operations and that their team is committed to progress.

Published at Wed, 22 May 2019 12:43:05 +0000

Supreme Cannabis Inc (OTCMKTS:SPRWF) Subsidiary To Receives Approval To Gain 50,000 Sqft Expansion

Supreme Cannabis Inc (OTCMKTS:SPRWF) Subsidiary To Receives Approval To Gain 50,000 Sqft Expansion

7ACRES, a subsidiary of Supreme Cannabis Inc (OTCMKTS:SPRWF), has received the approval of Health Canada for five additional flowering rooms. Supreme Cannabis made the announcement today outlining that the Ontario facility has been expanded by 50,000 sqft. The additional space will be important towards boosting the production capacity.

Details about the expansion

An official working at 7ACRES says that the expansion of flowering room space is from 180,000 sqft to 230,000 sqft. He adds that the estimated annual production will scale up from approximately 26,250kg to 33,580kg.

Supreme Cannabis hopes to witness further production efficiencies and it attributes that to the licensing of all 25 flowering rooms. The company projects that 7ACRES might be able to produce about 50,000kg.

The President and Founder of Supreme Cannabis John Fowler opines, “With five more flowering rooms at 7ACRES now approved by Health Canada, the finish line is in sight”.

The official adds that 7ACRES is currently working towards attaining full production capacity. If all moves according to plan, it might be able to fulfill the demand of the company’s top-notch cannabis.

Major developments in the course of this year

Supreme Cannabis has in the course of this year made other tremendous steps in business. The company unveiled Cambium Plant Sciences in Goderich, Ontario. Cambium is one of its wholly-owned subsidiaries and it will focus on revolutionizing the agricultural cannabis genetics. Asides from that, it will all work to redefine the cultivation economics and consumer experiences across the global cannabis industry.

Cambium focuses on the systematic application of technology, research, and science in its undertakings. It seeks to develop the next generation of premium cannabis genetics for medical, recreational and wellness applications. The subsidiary’s innovative mission is to serve the fast growing global cannabis market with the agriculturally-focused, disease resistant, premium seed stock.

The General Manager of Cambium Dr. Alan Darlington is optimistic that Cambium will make an important addition to the cannabis industry. He says that will be possible because they intend to revolutionize strain development. This move will enable them to enhance the wider industry’s outputs.

Supreme Cannabis says it has already set aside $14 million for the set up of a cannabis-focused facility. It will focus on cannabis research and innovation.

Published at Thu, 23 May 2019 12:01:42 +0000

How using marijuana could benefit your relationship

How using marijuana could benefit your relationship

So much for the lazy, snacking stoner stereotype.

New research reveals that cannabis use between couples increases might benefit their relationship, in the bedroom and beyond.

“We found robust support for these positive effects within two hours of when couples use marijuana together or in the presence of their partner,” says Maria Testa, a social psychologist at the University of Buffalo and the study’s lead author. “The findings were the same for both the male and female partners.”

What they call “intimacy events” include demonstrations of love, caring and support.

For the study, Testa and her colleagues found 183 married or cohabitating heterosexual couples that had been living together more than six months, with at least one partner who uses cannabis a minimum of twice a week. Participants were between 18 and 30-years-old, and had no history of mental illness or addiction.

Published at Thu, 23 May 2019 19:56:01 +0000

Marijuana Stocks Are the Talk of the Town on Wall Street

Marijuana Stocks Are the Talk of the Town on Wall Street

Marijuana stocks have garnered quite a bit of attention over the course of the past few months. In that time, we have seen investors become much more accustomed to the idea of putting money into the legal marijuana market. While it is still quite unstable just in terms of the overall infancy of the market, it does seem as though we are headed in the right direction. With cannabis stocks flying high, it seems as though the sky continues to be the limit in regard to the coming years.

Biome Grow Inc. (BIOIF/BIO.CN) is a company that operates with five wholly-owned subsidiaries. These subsidiaries are spread throughout Canada which gives them quite a large reach in terms of potential market share. The company has branches located in various provinces such as Newfoundland and Labrador, Ontario, Prince Edward Island and more. With this, they have been able to spread across some of the most crucial Canadian marijuana markets, which makes their impact that much greater.

Recently, the company announced that they have appointed Rita Their to their board of directors. For some context, Theil has quite a large background in the public and private sector and in terms of how they are regulated. Ms. Theil is also known as a corporate lawyer, which in the world of marijuana can come quite in handy.

Khurram Malik, CEO of Biome Grow stated that “Biome is excited to have Rita join our board of directors.  As with our current members of the Biome Board, she will bring considerable strategic value to the operations of the company beyond her duties as a board member. In particular, her extensive international mergers and acquisitions experience, risk matrix development, and advisory work with governments will play a key role as Biome looks to expand on its international cannabis footprint.” He went on to state that “in addition, her leadership in diversity and mentoring initiatives aligns well with our ‘Conscious Cannabis’ mantra as we continue to promote a culture of corporate social responsibility.”

This just goes to show Biome Grow’s continued effort to make their business reach the top. Investors should continue to keep a close eye on Biome Grow as these new additions to their team, only make them appear stronger in the long run and as a whole.

Charlotte’s Web Holdings (NASDAQOTH:CWBHF) is one of the leaders when it comes to the world of CBD. The company currently has its products which range from oils to capsules and creams, in over 6,000 retail locations. In addition, they have quite the reach on the digital level, which has accounted for around 50% of their total sales.

The company has worked tirelessly to bring the number of retail locations they service up from around 3,700 at the beginning of 2018, to where it is now. With so many options and so much potential for the coming years in the market, Charlotte’s Web Holdings is a new and different opportunity than most companies in the marijuana market.

which marijuana stocks to buy

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Biome Grow, Midam is being paid a total of $240,000 ($20,000 per month) for a period beginning on October 1, 2018, and ending on October 1, 2019. We own 0 shares of Biome Grow (BIO.CN). We may buy or sell additional shares of Biome Grow in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Biome Grow (BIO.CN).

Published at Thu, 23 May 2019 16:00:00 +0000

Pricing Concerns Top Hearing on Maine Recreational Cannabis Rules

Pricing Concerns Top Hearing on Maine Recreational Cannabis Rules

CHICO — The new Commercial Cannabis Advisory Committee met for the first time on Wednesday evening; the meeting was largely introductory and served as an overview of what the board hopes to accomplish in the next few months.

Members of the committee include City Council appointee and City Vice Mayor Alex Brown, representatives from the Downtown Chico Business Association, Chico State, Chico Unified School District, Butte County Public Health, and the Chico Chamber of Commerce, as well as a local cannabis expert, a local business owner and two community members-at-large.

Chico Mayor Randall Stone made a quick appearance at the start of the meeting, in which he told the assembled committee members that local marijuana regulation was a “challenging and certainly politically heated topic” but that he had faith in the board finding a solution that would work for both sides of the debate.

Read more

Published at Thu, 23 May 2019 18:19:00 +0000