Tag Archives: Press Release

State of the States’ Medical Cannabis Programs

State of the States’ Medical Cannabis Programs

WASHINGTON, DC, Feb. 28, 2018 /Weed Wire/ — Today the medical cannabis advocacy organization, Americans for Safe Access, released its annual report entitled “Medical Marijuana Access in the United States: A Patient-Focused Analysis of the Patchwork of State Laws.”

Graham Farrar

MassRoots Appoints Glass House Farms Founder Graham Farrar to Board of Directors

DENVER, Feb. 27, 2018 /Weed Wire/ — MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB: MSRT), one of the leading technology platforms for the regulated cannabis industry, today announced it appointed Mr. Graham Farrar, Founder and Owner of Mission Health Associates (d.b.a. Glass House Farms), to its Board of Directors on February 21, 2018.

Series B Round

Leading Cannabis Compliance Company Simplifya Closes $3 Million Series B Funding Round

DENVER, Feb. 27, 2018 /Weed Wire/ — Simplifya, the developer of the nation’s leading cannabis industry compliance software, announced Thursday it has closed a $3 million Series B round of funding. It was led by a $1 million investment from Merida Capital Partners, a private equity fund that targets fundamental growth drivers underpinning the rapid development of the cannabis industry.

MDPH Suspends Healthy Pharms

DPH Suspends Retail Sales at Medical Marijuana Dispensary Healthy Pharms

BOSTON, Feb. 26, 2018 /Weed Wire/ — The Massachusetts Department of Public Health (DPH) has suspended retail sales of all medical marijuana products at Healthy Pharms, Inc., a Registered Marijuana Dispensary (RMD), until further notice.

BlissCo Cannabis

Supreme Makes Strategic Investment in Distribution Partner and Secures Supply Agreement with BlissCo

TORONTO, Ontario, Feb. 26, 2018 /Weed Wire/ — The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSXV:FIRE), is pleased to announce that it has completed a $3,000,000 strategic equity investment (the “Investment”) in BlissCo Cannabis Corp. (“BlissCo”).

Pennsylvania Medical Cannabis Program Off to Rough Start

Pennsylvania Medical Cannabis Program Off to Rough Start

The Pennsylvania medical cannabis program had a rough start as retail sales began on Feb. 15, 2018. The opening weekend was marked by long lines and short supply as Cresco Yeltrah was the only medical cannabis supplier able to provide products to dispensaries during the state’s first week of sales.

colorado edibles market

Wana Brands Leads the Colorado Market for Infused Products

BOULDER, Colo., Feb. 26, 2018 /Weed Wire/ – Wana Brands, one of Colorado’s original infused product manufacturers, continues to dominate the state’s marijuana infused product market. For the calendar year 2017, Wana Brands owned 17.33 percent of the overall Colorado edibles market, with its closest competitor at 9.97 percent.

Spire Secure Logistics

Friday Night Inc. Acquires Spire Secure Logistics Inc.

VANCOUVER, British Columbia, Feb. 26, 2018 /Weed Wire/ – Friday Night Inc. (Friday Night) (CSE: TGIF) (FWB: 1QF) (OTCQB: TGIFF) has acquired as a wholly owned subsidiary Spire Secure Logistics Inc. (“Spire”), a Canadian private company specializing in security, intelligence, and compliance with international clients and expertise in both the regulated cannabis industry and other sectors.

Ilera Healthcare processing and Governor Wolf First Medical Marijuana Dispensary Grower/Processor

Wolf Administration Approves 11th Grower/Processor to Begin Operation

HARRISBURG, Penn., Feb. 22, 2018 /Weed Wire/ – Governor Tom Wolf today announced the Pennsylvania Department of Health has approved AGRiMED Industries in Carmichaels, Greene County, to begin operations, bringing the statewide total to 11 grower/processors.

GrowPros

Tetra Bio-Pharma Announces the Completion of GrowPros Transaction

OTTAWA, Ontario, Feb. 22, 2018 /Weed Wire/ – Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TSX-V:TBP) (OTCQB:TBPMF), a global leader in cannabinoid-based drug development and discovery, is pleased to announce the completion of the sale of its shares of GrowPros MMP Inc. (“GrowPros”) to North Bud Farms Inc. (the “Purchaser” or “North Bud”) as previously announced in Tetra’s December 21st, 2017 press release.

New Jersey

Marijuana Legalization Public Forums Focus on Racial Justice, Public Health and Safety

NEWARK, NJ, Feb. 22, 2018 /Weed Wire/ – A series of conversations on marijuana legalization in New Jersey will focus on the racial justice and public health and safety aspects behind the push to legalize.

Auditor Yost Statement on Sen. Coley’s Legislation Regarding Medical Marijuana

Auditor Yost Statement on Sen. Coley’s Legislation Regarding Medical Marijuana

COLUMBUS, Ohio, Feb. 22, 2018 /Weed Wire/ – The following statement may be attributed to Ohio Auditor of State Dave Yost regarding legislation sponsored by Sen. Bill Coley, R-Cincinnati, on oversight of the state’s medical marijuana program:

Bureau of Cannabis Control to Hold Public Licensing Workshop in Ukiah

Bureau of Cannabis Control to Hold Public Licensing Workshop in Ukiah

The workshop will focus on what licensing information is needed and what resources are available for people planning to apply for state commercial cannabis licenses. The workshop will focus on what licensing information is needed and what resources are available for people planning to apply for state commercial cannabis licenses.

California Cannabis Surety Bond Program Approved by Insurance Commissioner

California Cannabis Surety Bond Program Approved by Insurance Commissioner

California Insurance Commissioner Dave Jones has been on a mission to ensure state-legal cannabis businesses have commercial insurance coverage and with his announcement of the first California cannabis surety bond program on Feb. 21, 2018, he continues to make progress.

CDI Insurance Commissioner Surety Bond

First Surety Bond Program for Cannabis Industry Approved by Insurance Commissioner

SACRAMENTO, Calif., Feb. 21, 2018 /Weed Wire/ — Insurance Commissioner Dave Jones announced today he has approved the first surety bond program for the cannabis industry in the State of California. Continental Heritage Insurance Company is the first insurer in the state to be approved to offer surety bonds for the cannabis industry.

General Cannabis

General Cannabis Taps Industry Leader Joe Hodas for COO Role in Preparation for Growth in Multiple Markets

DENVER, Feb. 21, 2018 /Weed Wire/ — General Cannabis Corp. (OTCQB:CANN), the comprehensive resource for the highest quality service providers available to the regulated cannabis industry, has hired cannabis industry veteran Joe Hodas as Chief Operating Officer (COO).

Spire Secure Logistics

Friday Night Inc. and BAM Agree to Termination of LOI

VANCOUVER, British Columbia, Feb. 21, 2018 /Weed Wire/ — Friday Night Inc. (Friday Night) (CSE: TGIF) (FWB: 1QF) (OTCQB: TGIFF) today announced that it has terminated its letter of intent (“LOI”) dated December 20, 2017 to acquire Body & Mind Inc. (“BAM”) in an all-stock transaction.

Canna-Hub

Canna-Hub Now Accepting Lease Commitments Within Multi-Tenant Cannabis Zoned Facilities in Fresno County, California

SACRAMENTO, Calif., Feb. 20, 2018 /Weed Wire/ — Canna-Hub, a California-based real estate development and property management Company for the cannabis industry, today announced it is accepting lease commitments at a new 16-acre community in the city of Mendota, California.

Manitoba Distribution and Retail of Cannabis and Retail Sales Evaluating Proposals

Province Announces Conditional Acceptance of Proposals to Operate Retail Cannabis Locations

WINNIPEG, Manitoba, Feb. 16, 2018 /Weed Wire/ — Following a request for proposals (RFP) issued on Nov. 7 seeking qualified applicants to operate retail cannabis locations, the Manitoba government has evaluated the submissions according to the criteria established in the RFP and conditionally accepted four proposals.

LARA Publishes Michigan’s Medical Marihuana “Universal Symbol”

LANSING, Mich., Feb. 15, 2018 /Weed Wire/ – The Dept. of Licensing and Regulatory Affairs (LARA) released information today to inform and advise license applicants regarding the labeling of medical marihuana products under the Medical Marihuana Facilities Licensing Act.

Cannabis Advisory Committee

Bureau of Cannabis Control Announces March 1 Subcommittee Meetings and Input Survey

SACRAMENTO, Feb. 15, 2018 /Weed Wire/ – The Bureau of Cannabis Control (Bureau) announced today that the Cannabis Advisory Committee will be holding a second series of subcommittee meetings on Thursday, March 1 in Sacramento.

New Brunswick Cannabis Stores to Have Refined Design Elements

New Brunswick Cannabis Stores to Have Refined Design Elements

While the locations for New Brunswick cannabis stores were only recently announced, the province is moving full steam ahead, completing design plans for the retail cannabis properties expected to open this summer.

Medical Marijuana Patients in Pennsylvania Can Begin Legally Obtaining Their Medicine Today

Medical Marijuana Patients in Pennsylvania Can Begin Legally Obtaining Their Medicine Today

BERHARRISBURG, Pa., Feb. 15, 2018 /Weed Wire/ – Medical marijuana sales began in Pennsylvania today, allowing certified patients to obtain their medicine legally for the first time. Six out of the 10 dispensaries that have been approved to operate were set to open their doors, and up to 81 more dispensaries are expected to open across the state over the next few months.

BioTrackTHC

North Dakota Awards Medical Marijuana Seed-to-Sale Tracking Contract to BioTrackTHC

FORT LAUDERDALE, Fla., Feb. 15, 2018 /Weed Wire/ – The North Dakota Department of Health, the government agency responsible for implementing the state’s voter-approved medical marijuana program, has awarded the contract to BioTrackTHC to develop and implement the state’s medical marijuana seed-to-sale traceability system.

Berkeley Sanctuary for Cannabis

City of Berkeley Becomes First in the U.S. to Grant Sanctuary to Cannabis Users, Businesses and Landlords

BERKELEY, Calif., Feb. 14, 2018 /Weed Wire/ – The City of Berkeley has become the first city in the country to grant sanctuary to adult users of cannabis, businesses selling the product, and property owners where dispensaries and other cannabis-related business are located, Mayor Jesse Arreguin announced Wednesday. The decision means that no city department, agency, officer or employee can use city funds to assist in the enforcement of federal laws surrounding cannabis.

Return the Love

True Leaf Launches Return the Love™ Program With Support for B.C. Therapy Dog Groups

VERNON, British Columbia, Feb. 14, 2018 /Weed Wire/ – True Leaf Medicine International Ltd. (“True Leaf”) (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), the quality of life cannabis company for people and their pets, announced today the launch of its Return the Love™ charitable giving program as a core part of its mission to be Canada’s leading purpose-driven cannabis company.

Graham Farrar

MassRoots Provides Shareholder Update and Plans for Continued Growth

DENVER, Feb. 14, 2018 /Weed Wire/ – MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB:MSRT), one of the leading technology platforms for the regulated cannabis industry, is pleased to release the following shareholder update from its Chairman and Chief Executive Officer, Mr. Isaac Dietrich

Senator Jerry Hill Introduces Bill to Enable Students Who Rely on Medicinal Cannabis to Take Their Medication at School

SACRAMENTO, Calif., Feb. 14, 2018 /Weed Wire/ – K-12 public school students with special needs or severe disabilities who rely on cannabis-based medicine may soon be able to take their medication at school under legislation introduced Tuesday by state Senator Jerry Hill.

city council

Jackson City Council Votes Unanimously to Decriminalize Marijuana, Heads to Mayor’s Desk

WASHINGTON, Feb. 14, 2018 /Weed Wire/ – Yesterday the City Council of Jackson, Mississippi voted unanimously to decriminalize marijuana, amending Chapter 86, Article III in the City of Jackson Code of Ordinances to effectively limit the maximum penalty for possession of 30 grams or less of cannabis to a $100 fine, with no prison time.

SAQ

Tilray® Signs Letter of Intent with Société des alcools du Québec (SAQ) to Supply Province with Cannabis

NANAIMO AND MONTREAL, Feb. 14, 2018 /Weed Wire/ – Tilray, a global pioneer in cannabis cultivation, processing and distribution, announced today that it has signed a Letter of Intent (LOI) with Société des alcools du Québec (SAQ) to supply the province of Quebec with high-quality cannabis products in anticipation of adult-use legalization later this year.

Pennsylvania Medical Marijuana Dispensaries Ready to Serve Patients This Week

Pennsylvania Medical Marijuana Dispensaries Ready to Serve Patients This Week

While the Keystone State’s first dispensary held its grand opening on Jan. 27, 2018, it didn’t have medical marijuana available for patients to purchase, but now the wait to buy products from Pennsylvania medical marijuana dispensaries is almost over. Starting on Feb. 15, and progressing through the week, a handful of dispensaries will open with products available for patients to purchase.

dea agents

Raids on CBD Businesses in Tennessee Leave Patients without Access; Underline Need for Change in Federal Marijuana Laws

RUTHERFORD COUNTY, Tenn., Feb. 13, 2018 /Weed Wire/ – Yesterday, DEA agents, detectives from the local sheriff’s office, and Smyrna, Murfreesboro, and LaVergne police raided 23 Rutherford County businesses accused of selling candy products containing cannabidiol (CBD), a non-intoxicating compound derived from the cannabis (and hemp) plant. Law enforcement claims that the products were of particular concern because they were seemingly being marketed towards minors.

Wyden Urges Appropriators to Respect State Marijuana Laws

WASHINGTON, Feb. 13, 2018 /Weed Wire/ – U.S. Sen. Ron Wyden, along with a bipartisan group of 17 senators, this week sent a letter to the Senate Committee on Appropriations Chairman Thad Cochran (R-MI) and Vice Chairman Patrick Leahy (D-VT), urging them to respect states’ laws regarding the regulation of marijuana when finalizing fiscal year 2018 appropriations.

Resentencing and the Decriminalization of Cannabis

LOS ANGELES, Feb. 13, 2018 /Weed Wire/ – The Board of Supervisors unanimously approved a motion by Supervisor Mark Ridley-Thomas calling on the Office of Cannabis Management, in collaboration with various Los Angeles County departments and community stakeholders, to develop a countywide plan to facilitate the resentencing of minor cannabis convictions.

Study: Medical Cannabis Treatment Significantly Reduces Chronic Pain in Elderly

Study: Medical Cannabis Treatment Significantly Reduces Chronic Pain in Elderly

Baby boomers have become a growing market segment in the legal cannabis industry as the acceptance of medical cannabis treatment continues to spread across the world, and now it appears that medical cannabis treatment may offer senior citizens a safer alternative to opioids in the treatment of chronic pain.

Next Frontier Biosciences Scientific Advisory Board Colin Osborne

Next Frontier Biosciences Assembles Distinguished Research and Development Team

DENVER, Feb. 13, 2018 /Weed Wire/ – Colorado-based biotech company Next Frontier Biosciences today announced the assembly of its Research and Development Team, enhancing the company’s lineup of accomplished biotechnology executives and research scientists.

GrowPros

Neptune and Tetra Bio-Pharma Enter Co-Development Agreement for Purified Cannabinoid Oil-Based Products targeting Pain and Inflammation

LAVAL, Quebec, Feb. 12, 2018 /Weed Wire/ – Tetra Bio-Pharma Inc. (“Tetra”) (TSX VENTURE:TBP)(OTCQB:TBPMF) and Neptune Technologies & Bioressources Inc. ( “Neptune”) (NASDAQ:NEPT)(TSX:NEPT) today announced that they entered into an agreement for the co-development, commercialization and marketing of purified cannabinoid oil-based products to address pain and inflammation relief applications for the natural health products and pet veterinary markets.

Vireo Health

Vireo Raises Awareness of NY’s Medical Marijuana Program in El Diario and The Jewish Week

NEW YORK, Feb. 9, 2018 /Weed Wire/ – Vireo Health of New York (“Vireo”), one of five medical marijuana companies currently operating in New York State, is proud to announce new print and digital advertisements appearing in New York publications El Diario and The Jewish Week.

Wolf Administration Approves Two Medical Marijuana Dispensaries to Begin Operation

HARRISBURG, Penn., Feb. 9, 2018 /Weed Wire/ – Governor Tom Wolf today announced the Pennsylvania Department of Health approved medical marijuana dispensaries in Chester and Lancaster counties to begin operations, bringing the statewide total to eight.

GrowPros

Tetra Bio-Pharma Announces $8 million Bought Deal Offering

ORLEANS, Ontario, Feb. 8, 2018 /Weed Wire/ – Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TSX VENTURE:TBP) (OTCQB:TBPMF) a global leader in cannabinoid-based drug development and discovery, announced today that it has entered into a bought deal financing agreement to sell 8,000,000 units of the Company (the “Units”) at a price of $1.00 per Unit for gross proceeds of approximately $8.0 million (the “Offering”).


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