Setback Potential for Investors After Legalization, ETF Exec Says

LEGALIZATION COVERAGE Canada’s decision to legalize the recreational use of cannabis has allowed the rise of an emerging investment market. The cannabis public sector has become one of the most followed industries for investors.  As such, the Investing News Network brings investors a collection of stories on the critical transition and its impact on the public markets. As part of the continued coverage on the effects the legalization of recreational cannabis in Canada will have on the public sector the Investing News Network (INN) had the opportunity to sit down with Mark Noble, senior vice president of exchange traded fund (ETF) strategy with Horizons ETFs, on his expectations of legalization for investors. Noble said that investors should be aware of a potential downside immediately following legalization on October 17. However, he expressed a bullish sentiment for the global potential and the size of the gains that may become available to leading … Continue reading

Cannabis Big News Roundup: Flowr And Scotts’ Hawthorne Break Ground On Cannabis R&D Facility; Wayland Successfully Exports THC Distillate From Canada To Switzerland; Clinical Trial Shows Positive Brain Activity Linked to Koios Beverages

In case you missed it, here is this week’s big news roundup for cannabis: ALQ Signs License and Share Exchange Agreement with Vulcan Enterprises 1933 Industries’ Infused MFG Reaches 80x Growth Milestone Emblem To Supply British Columbia And Saskatchewan Markets With High Quality Cannabis CROP Hemp-CBD Farm Enters Toll Processing Deal to Produce CBD Isolate as it Readies for Harvest FinCanna Investee ezGreen Compliance Launches Taxation Reporting Technology Naturally Splendid USA and NeutriSci Announce Expanded Binding Terms of Partnership and Added Distribution of HempOmega and Cannabidiol (CBD) Sublingual Tablets MYM Nutraceuticals Announces Filing of Final Base Shelf Prospectus Cannvas Signs LOI with Loop Media Group, Creators of Canada’s Largest Offers Platform Wayland Successfully Exports THC Distillate From Canada To Switzerland GTEC Holdings Announces Initial Cannabis Stores Scheduled to Be Operational in 2018 Flowr And Scotts’ Hawthorne Break Ground On First-Of-Its-Kind Cannabis R&D Facility Ascent Announces Strategic Alliance with Green Sage … Continue reading

Biome Grow: Regionally Tailored Cannabis with a Global Perspective

Biome Grow (CSE:BIO) has launched its campaign on the Investing News Network’s Cannabis channel. Biome Grow is a Canadian cannabis company focused on building the next conglomerate for the country’s growing industry. The company is deploying a business model that focuses on local consumers and developing a regional presence in the underserved markets of Atlantic Canada. Through the company’s subsidiaries, Biome is working to establish unique consumer, regional and B2B brands, products and services that are overseen by a centralized management team. An integral part of Biome Grow’s business model is the placement of their wholly-owned subsidiaries, which service currently underserved regions in Canada. The company’s most advanced-stage subsidiary, Highland Grow, operates a 6,500-square-foot facility in Antigonish, Nova Scotia. Focused on consumer education, the company has partnered with St. Francis Xavier University for an R&D initiative and has acquired an educational virtual reality platform, Weed VR, which will be deployed in … Continue reading

How to Invest in Marijuana Stocks – Motley Fool

How to Invest in Marijuana StocksMotley FoolProbably the most important risk to note is that the sale of marijuana remains illegal at the federal level in the U.S. This means that there’s a threat that the U.S. Department of Justice could clamp down at any time on cannabis businesses operating …Cannabis could disrupt a $500 billion market, says CEO of top marijuana maker after deal with DEACNBCCanada is about to legalize marijuana; here’s why Californians should careOCRegisterA Crash Course for Investors on the Lingo of (Legal) WeedBloombergBenzinga -National Post -CBP -Saanich Newsall 282 news articles Continue Reading … Continue reading

Flowr and Scotts’ Miracle-Gro are Breaking Ground in Kelowna

The Flowr Corporation (TSXV:FLWR) was featured in an article by Global News regarding their upcoming ground breaking ceremony on their 50,000-square-foot R&D facility in Kelowna. In March of this year, Flowr and Scotts’ Miracle-Gro subsidiary, Hawthorne Gardening, formed a research and development alliance to test and develop cultivation systems and research genetics. Hawthorne will be funding the construction of the facility, which will reside next to Flowr’s 85,000-square-foot cultivation facility. According to the article, the ceremony will be attended by MP Stephen Fuhr, MLAs Norm Letnick and Steve Thomson, Kelowna mayor Colin Basran and Flowr, Hawthorne and Miracle-Gro executives. The facilities are expected to produce over 200 jobs in Kelowna. To view the full article, click here. Click here to connect with The Flowr Corporation (TSXV:FLWR) for an Investor Presentation. The post Flowr and Scotts’ Miracle-Gro are Breaking Ground in Kelowna appeared first on Investing News Network. Continue Reading … Continue reading

MPX Opens New Dispensary in Maryland

MPX Bioceutical (CSE:MPX) announced the opening of a new dispensary location in Baltimore, Maryland. As quoted in the press release: The dispensay is operated by MPX’s indirect wholly-owned subsidiary, S8 Management LLC, through its  management agreement with GreenMart of Maryland, LLC (“GreenMart MD”), which is authorized to operate and sell medical cannabis products in Maryland. This is the Company’s second dispensary in Maryland, following the opening of its flagship Health for Life dispensary in Bethesda, in August 2018. Health for Life Baltimore is open to patients Sunday through Saturday. The dispensary, which follows MPX’s southwest dispensary staples of copper accents, rustic wood paneling and navy blue walls, is set to welcome upwards of 100 patients during opening week, with trained consultants readily available to advise on all things cannabis. Maryland residents, who are approved medical cannabis patients, will have access to flower, topicals, concentrates and other forms permitted under Maryland regulations. … Continue reading

BLOX Executes LOI With Best Cannabis Products Inc. – Opens Another Potential Door for CannaBLOX

Blox Labs Inc. (CSE:BLOX, FWB:BR1B) announced last week that it was beginning a review of potential strategic acquisitions, with a specific focus on transactions within the legal cannabis sector, and it seems that they may have already secured a unique and potentially profitable opportunity. Perhaps coincidentally, in anticipation of the upcoming legalization of recreational cannabis in Canada on October 17th, just this week, BLOX entered into a non-binding Letter of Intent with Best Cannabis Products Inc. (BCP), a privately held Canadian company that is backed by successful repeat entrepreneurs who are now turning their attention to the cannabis space.  Pursuant to the agreement, and subject to finalization of mutual and customary due diligence and regulatory approval, BLOX may acquire all of the issued and outstanding securities of Best Cannabis Products Inc. (BCP) in exchange for securities of BLOX. After recently completing a private financing round, BCP secured a state of … Continue reading

ALQ Signs License and Share Exchange Agreement with Vulcan Enterprises

ALQ, Vulcan Enterprises US, Ltd. (CSE: ALQ) (“Vulcan”) and two of Vulcan’s shareholders (the “Vulcan Shareholders”) entered into a share exchange agreement (the “Share Exchange Agreement”), whereby ALQ agreed to issue 50,700,890 common shares on a post-consolidated basis (the “Payment Shares”) to the Vulcan Shareholders in exchange for 5,000,000 common shares of Vulcan, representing approximately 5% of the issued and outstanding common shares of Vulcan. Vulcan Enterprises owns and operates the Ignite brand among other ventures. As of October 12, 2018, ALQ had 80,962,458 common shares issued and outstanding and it is required to issue 24,578,170 pre-consolidated common shares (the “Obligation Shares”) immediately following the proposed consolidation of common shares of ALQ on the basis of one post-consolidated common share of ALQ for every two pre-consolidated common shares of ALQ issued and outstanding (the “Consolidation”), which is described in ALQ’s Amended and Restated Listing Statement (the “Listing Statement”) that it intends to file concurrently … Continue reading

3 Top Marijuana Stocks to Watch in October – Motley Fool

3 Top Marijuana Stocks to Watch in OctoberMotley FoolKeith Speights (Liberty Health Sciences): Most investors are focused on Canada’s recreational marijuana market opening in a few weeks. But I think there’s a marijuana business quietly positioning itself for a big move in a market that receives a lot …‘DEAR MR. PRESIDENT’: One marijuana company has a bold strategy to save American cannabis producers from …Markets Insider4 Must-See Quotes From the World’s Biggest Marijuana InvestorNasdaqNew Ways For Cannabis Companies To Raise MoneyBenzingaBloombergall 146 news articles Continue Reading … Continue reading

Chemesis International Inc. & Rapid Dose Therapeutics Sign a Definitive Agreement for QuickStrip™ Oral Thin Strips

VANCOUVER, British Columbia, Oct. 12, 2018 (GLOBE NEWSWIRE) — Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (the “Company” or “Chemesis”), and Rapid Dose Therapeutics Inc. (“RDT”), a Canadian bio-technology company which provides disruptive proprietary drug delivery technologies designed to improve patient outcomes, are proud to announce they have signed a definitive agreement, providing a Managed Strip Service Agreement enabling Chemesis to produce QuickStrips™ infused with cannabis oils. RDT’s innovative QuickStrip is an easy-to-use, safe and effective oral fast-dissolving drug delivery system, developed in conjunction with McMaster University through the renowned Adronov Research Group, which provides accurate dosing and potency. Under the terms of the agreement, Chemesis will receive rights to produce, distribute and sell QuickStrip products, with rights for cannabis markets in California. With Chemesis’ state-of-the-art facility, the Company believes this partnership with RDT will further strengthen its position in the California cannabis market, by allowing the Company to use a convenient drug delivery system that … Continue reading