California Marijuana

SAN DIEGO, CA, April 28, 2022 (GLOBE NEWSWIRE) — via  NewMediaWire  —  Medical Marijuana, Inc.  (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that its CEO Blake Schroeder was named the winner of a Silver Stevie® Award in the Achievement in Management – Consumer Products category in The 20th Annual American Business Awards®. The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and nonprofit, large and small. More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration and more than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners. Med...

Long before cannabis legalization began to take hold in the United States, a primordial soup of marijuana stereotypes and medical advocates were the primary driving forces in creating a passionate subculture and lucrative marketplace. These two core audiences appeared relatively easy to define and support with products and branding. Although primitive, this mixture of Cheech and Chong, Dennis Peron , and Snoop Dogg gave cannabis its identity and some straightforward avenues for marketing among brands. In 2022, America is steadily marching toward legalization one state at a time, creating a highly fragmented and diverse set of marketplaces that have become far more difficult to define. The use and efficacy of medical marijuana continue to gain momentum both politically and scientifically. At the same time, the stigma around adults enjoying the plant as a recreational product is slowly making way for a growing acceptance among every major demographic across the country. Even the mo...

TORONTO — SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (OTCQ: SOLCF) (Frankfurt: 9SB) announces today that it has appointed Mr. Kevin Taylor as Chief Executive Officer and Chairman of the Board of SOL Global. Kevin Taylor is a seasoned executive with 30 years of operating experience in Fortune 500 companies based in North and South America. For the past 14 years, Kevin has served as the President and Chief Executive Officer of TEReI International Limited, a merchant bank focused on debt and equity opportunities in the small to mid-cap markets in North and South America. Mr. Taylor acts as a director for a number of companies listed on the Canadian Securities Exchange, Toronto Stock Exchange and the TSX Venture Exchange. The Company, its board of directors and its management are considering potential strategic alternatives aimed at enhancing SOL Global’s growth and maximizing shareholder value. It is expected that the Company will review various strategies ...

PHOENIX — DIZPOT, a compliant branding, technology and packaging company for the regulated cannabis industry, today launched a new division of its company, DIZLOGIC. DIZLOGIC touts proprietary Third-Party Logistics (3PL) and Freight Forwarding software for international transport services to solve cannabis supply chain challenges. Recently, many cannabis license operators have struggled to find cost-effective and reliable shipping solutions for their packaging due to supply chain issues. DIZPOT, a leading cannabis packaging supplier, recognized the industry’s need for more advanced logistical support when moving branded packaging pieces from one facility to the next. Supply chain in general has been an overarching strain on many American businesses, which was recently addressed by the White House in its announcement of the Freight Logistics Optimization Works (FLOW) initiative. “Many mainstream 3PL and freight forwarding companies do not understand the intricacies of the cannabis i...

DALLAS — WILD HEMP® and Turning Point Brands continue to expand the availability of WILD HEMP® globally. With the company’s partnership with Cuban Connection of Cape Town. The initial launch of Hempettes will begin in South Africa and has plans to enter other markets such as the European Union, Southeast Asia, and Latin America in the near future. Zain Meghani, CEO of WILD HEMP® says, “Our product has already excelled in America, being the number one cigarette styled CBD pre-roll in the market. Hence, we are excited to begin the sale of Hempettes in South Africa with our distribution partner Cuban Connection. After South Africa, we are looking to expand WILD HEMP® Hempettes to a multitude of countries globally.”Made with fresh American Grown Hemp, WILD HEMP® Hempettes come in four popular flavors: Original, Sweetz, Menthol, and Pineapple Blaze. Each pack contains 1500mg of CBD and 20 Hempettes. Meghani adds, “We aim to satisfy our customers no matter where they’re located, ...

$25,000 in Total Awards Available for Eligible Students Nationwide DENVER — Leading medical cannabis card facilitator Veriheal today opened submissions for its third annual Innovation in Cannabis Scholarship Fund , which will award $5,000 each to five students to apply to college tuition and fees. Veriheal increased its award funding this year from $20,000 to $25,000. “We’re excited to reaffirm our commitment to the community and help shape future cannabis industry leaders,” said Anthony Dutcher, CMO of Veriheal. The scholarship is open to current college students, recent high school graduates and high school seniors who are starting college classes early. Submissions will be accepted until July 30, 2022, with winners notified by September. Students are asked to submit a 1,000-word essay about how they would improve the cannabis industry. Participants are encouraged to be creative in crafting novel solutions to remedy the concerns facing the cannabis industry, from business, to te...

LOS ANGELES — Pachulski Stang Ziehl & Jones LLP (“PSZJ”), the nation’s leading restructuring boutique law firm, announced today that it has formally established its Cannabis Restructuring Group to provide legal corporate restructuring services to cannabis industry companies, lenders, and investors, among others. PSZJ’s Cannabis Restructuring Group will also provide restructuring services to ancillary companies (e.g., real estate, technology, packaging, etc.), which may qualify for bankruptcy under federal law. PSZJ has been advising clients in the cannabis industry for half a decade and has been at the forefront of the intersection of cannabis and insolvency law, regularly representing companies, lenders, and investors in out-of-court restructurings and related merger and acquisition transactions. Most recently, PSZJ served as counsel to the ad hoc group of noteholders of Loudpack, a vertically integrated cannabis company, in connection with the three-party merger of Loudpack, ...

Wonderbrett celebrated 4/20 in delicious style with two Los Angeles events that kept up with the brand’s proclivity toward unique flavors and design. The Wonderbrett retail store played host to Fatburger with a limited-edition Fatburger Strawberry Milkshake Live Resin cartridge release, and plenty of good food to go around. The brand also celebrated an NFT launch at the iconic Fred Segal store in West Hollywood. “For us, 420 is about celebrating the community and culture,” said Wonderbrett Co-Founder, Brett Feldman. This year, we wanted to create a special experience with everything we participated in. From our collaboration with Fatburger at our own store to the launch of our first NFTs at Fred Segal, it was a huge success. And of course, we smoked a lot of good weed.”

Venture capitalists are showing serious interest in the cannabis industry, and for good reason. The majority of Americans support legalization . New York, New Mexico, Virginia, and Connecticut all recently legalized recreational use. New Jersey just opened its first recreational dispensary this month. And on this year’s 4/20, dispensaries boasted the biggest single-day sales profit the industry has reaped over the last four years.  While the cannabis industry is rapidly expanding, it is still an exceedingly complex market that requires strategic navigation. Like any product available for purchase, cannabis must be marketed. Complicated legal status and advertising restrictions pose serious marketing challenges for businesses in the cannabis industry. With the right tools, strategy, and intentions, businesses can turn these challenges into opportunities. Gaining a competitive edge in the digital marketing space will give cannabis businesses an even bigger advantage as the indust...

Black Market Group and INFMS Farms celebrated the official launch of their brands on 4/20 in New York last week alongside local icons Ron Artest, Styles P, Havoc, Hoodies, Big Twins, Kid Kapri, DJ LES, and Rakim with a live recording of the Smoke Champs podcast . This double brand launch was intended to honor the long-standing relationship between New York’s hip-hop culture and cannabis scene. With the launch of a recreational cannabis market in the birthplace of hip-hop finally making headway, event attendees had plenty to celebrate this 4/20 in Lower Manhattan.