Indiva Congratulates Jon Hiltz, Director Of Business Development, On The Launch Of His Book

INDIVA (TSXV:NDVA) (the “Company” or “Indiva”) Indiva is pleased to congratulate Jon Hiltz on the launch of his book, The Wild West: Canada’s Legalization of Marijuana.  The Wild Westgives an insider’s perspective on the confluence of events leading to marijuana legalization in Canada. The book delivers a hard-hitting account of the end of prohibition and the rise of a new multi-billion-dollar industry. “The book provides the reader with a fascinating insider’s perspective on how Canada came to be the first G7 country to legalize cannabis.” explained Koby Smutylo, the Company’s COO.   “We’re very proud of Jon’s work on this important project.” Jon Hiltz has been a journalist in the cannabis industry for 3 years, writing hundreds of articles on domestic and international legalization.  In addition, to being a member of the Indiva team, Jon writes for marijuana.com owned by the US cannabis tech giant Weedmaps. The Wild West is available for purchase today on amazon.ca. About Indiva Indiva’s wholly owned subsidiary is … Continue reading

1933 Industries’ Infused MFG Reaches 80x Growth Milestone

1933 Industries Inc. (CSE:TGIF, FWB:1QF, OTC:VPGDF) (the “Company” or “1933 Industries”) is pleased to report that its subsidiary, Infused MFG (“Infused”), hit a record year of growth and continues to expand sales of its products in Nevada, California and Colorado. Increasing demand for Infused’s Canna Hemp proprietary line of hemp-based, CBD-infused products contributed to the strong revenue growth, which has increased from revenue of US$7,403 in June of 2017 to over US$600,000 per month in just 14 months. This represents an 8,000% increase and supports the company’s projections for the upcoming year, where Infused is forecasted to reach an average of US$1M in revenue per month. With a strong presence throughout the State of Nevada, Infused has established key distribution networks in California, where it now sells its products in over 100 retail shops. In total, Infused boasts over 400 retail locations around the US, with an average of 50 new wholesale accounts added every month. The Company entered the Colorado market last week with … Continue reading

MedMen Doubles Market Reach with Acquisition of PharmaCann

MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE:MMEN) (OTCQB:MMNFF) (FSE:A2JM6N) and Chicago-based PharmaCann LLC (“PharmaCann”) announced today that both companies have signed a binding letter of intent (the “Agreement”) for MedMen to acquire PharmaCann in an all-stock transaction valued at $682 million. The resulting pro-forma company (including pending acquisitions by MedMen) will have a portfolio of cannabis licenses in 12 states that will permit the combined company to operate 79 cannabis facilities. The combined company will operate in 12 states, which comprise a total estimated addressable market, as of 2030, of approximately $40 billion according to Cowen Group. Through the transaction, MedMen will add licenses in Illinois, New York, Pennsylvania, Maryland, Massachusetts, Ohio, Virginia and Michigan. “This is a transformative acquisition that will create the largest U.S. cannabis company in the world’s largest cannabis market,” said Adam Bierman, MedMen’s chief executive officer and co-founder. “The transaction adds tremendous scale to … Continue reading

Don’t Go at it Alone: Cannabis Franchise Opportunities in Canada

As the cannabis market in Canada continues its growth, cannabis franchise opportunities could be the access point for companies looking to enter the industry’s retail channels. A walk down just about any commercial street in North America paints a vivid picture of how large a role franchise businesses play in today’s commercial landscape. Signs for McDonald’s, UPS, 7-11, Travelodge and countless other continent-spanning franchises are ubiquitous sights. It’s not hard to understand why. An entrepreneur can choose to go their own way and build a business from scratch while hoping their own expertise — and luck — will be enough to keep them out of the new business graveyard, or they can tap into the established brand, pre-designed systems, and support network of an existing and time-tested franchise model. The sheer number of golden arches dotted along a highway is a pretty good indicator that a lot of business owners … Continue reading

Aphria Rumored to Court Deal with Marlboro Producer

Tobacco leading corporation and Fortune 500 company Altria Group (NYSE:MO) is eyeing a stake in a Canadian cannabis producer, according to a new report. On Wednesday (October 10), The Globe and Mail reported the parent company of Philip Morris USA, maker of Marlboro cigarettes, was in a position to buy a portion of Aphria (TSX:APH). The report indicated the deal is not in the final stages and could still take some time to finalize. The proposition could also be scrapped at this time, according to the reporting. Canopy Growth Corp up 2,200% since 2016! Learn to profit from cannabis companies Give me my free report! Aphria issued a statement on Wednesday claiming no deal is finalized yet. While Aphria engages in discussions with potential strategic partners and/or investors from time to time, the Company notes that there is no agreement, understanding or arrangement in place with a potential investor at this … Continue reading

Next Green Wave: Developer of Seed to Consumer Premium Cannabis Products

Next Green Wave (CSE:NGW) has launched its campaign on the Investing News Network’s Cannabis channel. Next Green Wave is a vertically integrated seed-to-consumer producer and reseller of cannabis products, building a premium portfolio of brands in California. The company is led by a team of industry experts with a multiple Cannabis Cup winner for producing seeds and hybrids, Mike Jennings, at the helm. Next Green Wave has secured multiple CUP’s for both recreational and medicinal cannabis operations in Coalinga, CA, which are fully compliant with the Medical Marijuana Regulation and Safety Act (MMRSA) new state regulatory framework. Specifically, the company has acquired permits for: a nursery; cultivation; volatile and non-volatile extraction; and distribution. Next Green Wave’s company highlights include the following: Fully integrated seed to consumer business model in California Conditional Use Permits (CUP) for medical and recreational cannabis operations which consist of permits for the following:  Nursery, Cultivation, Extraction, Distribution … Continue reading

FSD Pharma Featured on CNBC in Anticipation of October 17

The Canadian cannabis industry is abuzz as the opening of the legalized recreational market is just days away. This major milestone for the evolving space will make Canada the second country in the world to make such a step, and has attracted attention from large corporations from across industry lines. The upcoming change, while exciting, doesn’t come without concerns for companies that have established a foothold in the Canadian market. In a recent article, major US broadcaster CNBC, reported an overview of the Canadian market as it compares to legalization in a handful of US states, and outlined how companies in the northern country are preparing for October 17. The article quotes Auxly Cannabis Group (TSXV:XLY) CEO Chuck Rifici regarding his concerns on supply vs. demand in the first year of legalization. “Certain provinces and different jurisdictions across the country will have different levels of preparedness for retail,” he said. “I … Continue reading

Scythian Shares Update for US Expansion

Scythian Biosciences (CSE:SCYB) announced the Florida Department of Health Office of Medical Marijuana Use (DOH) approved its equity transfer of 3 Boys Farms to CannCure investments. As quoted in the press release: As part of the transaction, the DOH has also approved the initial transfer of the first 60 [percent] of equity from 3 Boys Farms to CannCure and the remaining balance of 40 [percent] will close as soon as possible, subject to the receipt of all required governmental approvals from the DOH. “This is a major milestone in the rollout of our U.S. expansion,” said Scythian CEO Brady Cobb. “It’s an important part of the strong presence we are building in the burgeoning U.S. cannabis industry, with Florida representing one of the most coveted markets to be a licensed operator in.” Click here to read the full press release. The post Scythian Shares Update for US Expansion appeared first on … Continue reading

TGOD Creates Joint Venture for Mexican Medical Cannabis Company

The Green Organic Dutchman Holdings (TSX:TGOD) announced a joint venture for the creation of a new company set to enter the Mexican medical cannabis market. As quoted in the press release: The Green Organic Dutchman Holdings is pleased to announce it has entered into a strategic joint venture with LLACA Grupo Empresarial to create a 50/50 owned company to enter the medicinal cannabis market in Mexico. With this partnership, TGOD continues the expansion of its international portfolio, with sales and operations in multiple countries and continents around the world. LLACA has developed proprietary distribution capabilities and has access to premier distributors with commercialized pharmaceutical and over-the-counter products providing access to 4,500 pharmacies and 3,100 supermarkets throughout Mexico. LLACA will facilitate the importation, registration and strategic distribution of TGOD-branded organic cannabis and hemp-derived medical products into the Mexican market. LLACA has many years of distribution experience in Mexico, operating a significant warehouse network that … Continue reading

Delta 9 Completes Purchase of Land and Facility

Delta 9 Cannabis (TSXV:NINE) closed an acquisition for the land and building containing its current cannabis production facility for a price of of C$6.25 million. As quoted in the press release: The Company has also purchased certain cannabis grow pods (the “Equipment”) from the Vendor for a price of $952,000, plus applicable taxes. The Property is located in a heavy industrial area in Winnipeg, Manitoba. The production facility of Delta 9 has been located at the Property since July, 2013. The Vendor is a non-arm’s length party of Delta 9 due to the fact that a director of Delta 9, Joanne Duhoux-Defehr, is also a director of the Vendor and is the owner of 20 per cent of the issued and outstanding shares of the Vendor. Accordingly, the acquisition of the Property and the Equipment are considered to be a non-arm’s length party transaction and are subject to the approval of the TSX Venture Exchange … Continue reading