FridayMay 04, 2018 11:28 am

TransCanna is Out to Control California’s Cannabis Logistics

Legalization set to compound cannabis logistical challenges Build-out of state-wide cannabis distribution network State-compliant cannabis track & trace software good to go If it’s true that an army marches on its stomach (an aphorism attributed to both Frederick the Great and Napoleon Bonaparte), that observation goes to show how highly some of history’s most renowned leaders regarded an efficient logistics operation. When asked what a soldier needed most in war, Napoleon was in no doubt that it was ‘a full belly and a good pair of shoes’. ‘A good pair of shoes’ gets your forces into action in a timely…

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ThursdayMay 03, 2018 1:20 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters License Agreement with California Cannabis Beverage Maker

Lexaria and GP Holdings LLC enter into a five-year semi-exclusive licensing agreement Lexaria and GP have developed a series of high-performing cannabis beverages with nearly zero unwanted taste and odor California cannabis-beverage market is expected to be one of the largest edible product segments Drug delivery innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) recently announced a definitive technology licensing agreement with GP Holdings LLC to empower next-generation performance in high absorption, fast acting cannabis-infused beverages to be developed and sold in California. DehydraTECH™ is LXRP’s edible delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness…

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ThursdayMay 03, 2018 12:21 pm

EVIO Inc. (EVIO) Expands California Operations through Acquisition of Leaf Detective, LLC

EVIO is the leading cannabis analytical testing company in the United States Acquisition of Leaf Detective provides a significant increase to EVIO’s testing capacity On April 30, 2018, EVIO Inc. (OTCQB: EVIO) announced that it had executed an asset purchase agreement to acquire 100 percent of Leaf Detective, LLC, a California-based testing laboratory (http://cnw.fm/TRaC0). EVIO is the leading provider of cannabis testing and scientific research for the regulated cannabis industry. This strategic acquisition aligns with the company’s efforts to expand its analytical testing services to meet the increasing demand for these services in the state of California. In terms of the…

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ThursdayMay 03, 2018 11:23 am

Earth Science Tech, Inc. (ETST) Poised to Benefit from Fast Growing Hemp-Derived CBD Market

12 more U.S. states likely to approve medicinal or recreational use of cannabis in 2018 Hemp-derived CBD market on course for CAGR of 55 percent over next five years Ventures in both MMJ and recreational marijuana hedge bets The tide of cannabis legalization sweeping over North America continues to rise despite intractable federal prohibition in the United States. In the U.S., 29 states and the District of Columbia allow cannabis for medical use. In nine of those jurisdictions, adult recreational use is also permitted. Another 12 are considering easing restrictions on cannabis use by the end of the year. In…

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WednesdayMay 02, 2018 3:39 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Completes Successful IPO

Company completes IPO for total gross proceeds of more than $115 million Common shares, as well as common share purchase warrants, commenced trading on the Toronto Stock Exchange today Aurora Cannabis exercised full participation right for IPO on a pro-rata basis The Green Organic Dutchman Holdings Ltd. (TSX: TGOD), a research and development company licensed under Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis, this morning announced the completion of its initial public offering and commenced trading on the Toronto Stock Exchange. The company’s IPO consisted of 31.51 million units priced at $3.65 per unit, generating…

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WednesdayMay 02, 2018 2:03 pm

The Green Organic Dutchman Ltd. (TSX: TGOD) Lists on the TSX Today

Shares of The Green Organic Dutchman commenced trading on the Toronto Stock Exchange today under the symbol “TGOD” TGOD has raised approximately $270 million in private placements with over 5,000 shareholders, including a $55 million strategic investment from established marijuana industry leader Aurora Cannabis TGOD has a funded capacity of 116,000 kg of premium organic cannabis Canada slated to legalize adult use recreational cannabis in mid-2018 The Green Organic Dutchman Ltd. (TSX: TGOD) has successfully raised more than $270 million in private placements with over 5,000 shareholders. Through these efforts, TGOD is establishing one of the largest organic cannabis companies…

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WednesdayMay 02, 2018 12:45 pm

Marijuana Company of America, Inc. (MCOA) Set to Profit from the Growth of the Legal Hemp Market

MCOA’s hempSMART™ hemp-based CBD consumer products set to capitalize on burgeoning growth A recent bipartisan bill that has been introduced to Congress, the ‘Industrial Hemp Farming Act of 2017’ (http://cnw.fm/amHe5), provides hope for the revival of the industrial hemp industry in the U.S. The new bill has gained traction in the House, attracting a total of 43 cosponsors. If passed, it would strike hemp from the definition of “marijuana” under the Controlled Substance Act. This would mean the revival of an industrial agricultural crop that has been repressed for almost 100 years. The Farm Bill of 2014 has made it…

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WednesdayMay 02, 2018 11:27 am

Medical Cannabis Payment Solutions (REFG) Offers ‘Green’ Processing System Advantage for Merchant Signup and Client Transactions

Green offers online signup for licensed dispensaries/merchants and patients/customers; it is a digital processing system that creates a cashless environment for cannabis transactions Green processing is an important feature for cannabis industry, as there is limited or no traditional banking support in the state-sanctioned medical marijuana market REFG offers first-tier processing and a gateway to comprehensive, virtual banking for buyer and seller Medical Cannabis Payment Solutions (OTC: REFG) offers the online advantage of its proprietary Green processing system for both merchant signup and patient/customer transactions. The result is a virtual banking system, establishing a cash-free environment in state-legalized cannabis markets.…

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WednesdayMay 02, 2018 9:00 am

Subsidiary Industries Prepare for Growing Cannabis Market

CBDWire Editorial Coverage: Impending legislation in Canada is the most recent step in the spread of legal cannabis consumption. As the industry grows, so do the support businesses supplying related services for retailers and consumers. Global Payout, Inc. (GOHE) (GOHE profile) is providing payment systems and business support through its MoneyTrac partnership. MassRoots Retail (OTC: MSRT) is using blockchain to provide a review aggregator and dispensary finder. GB Sciences, Inc. (OTCQB: GBLX) is working in research and design, focusing its efforts on growing more effective strains and exploring better delivery systems. Lexaria Bioscience Corporation (CSE: LXX) (OTCQX: LXRP) is also…

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TuesdayMay 01, 2018 12:51 pm

Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Developing Portfolio of Cannabis Companies

Portfolio now covers cannabis production, distribution and new market research Two subsidiaries are late-stage applicants for cannabis licensing Partnerships include unique research into efficacy of CBD for pain management in canine osteoarthritis Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) is putting together a portfolio of strategically positioned cannabis companies to create a vertically integrated seed-to-sale organization addressing all aspects of the burgeoning cannabis market. The company invests in cannabis-related businesses that fill a needed role in its vertical integration plan, offering its expertise, such as management, HR and marketing, to help them develop and complement overall goal.…

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