California Marijuana

SAN DIEGO, CA, May 26, 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 it has launched its first pharmaceutical subsidiary,  HM Pharma , in Brazil. “We have been working hard to connect and build meaningful relationships with medical professionals and consumers in Brazil. This new sales channel will open new avenues for continued growth by bringing our cannabidiol (CBD) products to pharmacies throughout the country,” said Matheus Patelli, Managing Director of HM Pharma. “Not only will our products be more affordable than other CBD products sold at drugstores in Brazil, but they will be of the highest quality.” In Brazil, CBD is currently permitted only for medical use with authorization from the country’s Nationa...

For businesses across the spectrum of the cannabis industry, extracts are in high demand. Innovation has led to a wide range of new cannabis and hemp products available for retail, and smart entrepreneurs are thinking strategically about the extraction equipment they use in their operations. According to Headset , vape pens alone accounted for nearly 25 percent of overall industry sales in the first quarter of 2022. As the industry continues to expand and innovation persists, businesses with the right extraction equipment will be more capable of meeting the evolving marketplace’s demands.   3 Methods of Extraction As with any significant purchase, smart businesses develop a comprehensive understanding of their options before making any investment. There are three main methods of extraction used to create high-quality hash. When the processes are conducted correctly, they all produce a final product without any leftover solvent residue. However, each method maintains its own...

TORONTO and SEATTLE — POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, today announced the appointment of Julie Solomon, Ph.D. as the company’s Chief Revenue Officer. Ms. Solomon joins POSaBIT from Synctera, a leading FinTech banking provider, where she served as the company’s Chief Revenue Officer. “As CRO, Julie will lead the efforts of our sales, marketing and customer support teams,” said Ryan Hamlin, CEO/Co-founder. “Consolidating these customer facing teams under Julie’s leadership enables a more unified approach to the market and will help us to better leverage our success to further expand our business. Her extensive experience leading go-to-market teams for fintech organizations will be invaluable as we pursue new markets, add more retail partners and tap into growth opportunities within our existing base of retailers.” “POSaBIT is a rapidly growing company in an exciting and evolving industry,” s...

WAKEFIELD, Mass. — Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, announced the launch of Endless Coast Cannabis-Infused Seltzers, a highly sociable line of low-calorie, low-sugar and low-carb beverages which will be available tomorrow at Curaleaf dispensaries in Massachusetts. Just in time for the summer beverage season, Endless Coast delivers balanced cannabinoid ratios in four refreshing botanical flavors featuring naturally-derived fruit extracts and essences. Each seltzer utilizes finely-tuned nanotechnology to accelerate the onset of calming effects and match the speed of your typical social beverage. By turning cannabis oil into tiny water-soluble molecules, the THC compounds are more efficiently absorbed into the bloodstream with effects felt in as little as 15-30 minutes. Endless Coast is available in four micro-dosed options to provide consumers with a consistent and co...

MADISON, Ind. — At a time when supply chain problems are wreaking havoc across virtually all industries, Madison Chemical has invested in additional plant infrastructure to ensure that they are able to meet their customer’s needs in a timely fashion.  New equipment and storage facilities were added, allowing the company to store larger volumes of base materials common for their various formulations.  While lead-times have escalated elsewhere in the cleaning and sanitation chemical market segment, Madison Chemical has maintained their standard delivery schedules. “Early in the pandemic we saw the potential for supply chain disruptions, so we took action,” said President David Goodman.  “Taking care of our customers is the cornerstone of our business philosophy.  Adding some extra storage / production capacity and increasing our inventory levels have enabled us to consistently provide uninterpreted supply to our customers while maintaining our industry leading lead t...

BOSTON —   Lantern , the leading on-demand cannabis e-commerce marketplace and home delivery platform in the U.S., today became the first marketplace to launch adult-use cannabis deliveries in Denver, Colorado. Lantern has been serving Colorado consumers since March 2021 when it became the first platform to launch on-demand delivery in Aurora. Lantern’s Denver marketplace is launching in partnership with local dispensaries including Frost and Strawberry Fields and their courier partner, Grn Bus. In Aurora, Lantern is also expanding its coverage with the launch of its partnership with GoodChemistry. Customers over the age of 21 can now order from a wide selection of high-quality cannabis products on LanternNow.com and have their favorite recreational products delivered to their doorstep. The company has broadened its delivery zone to two of the most populated cities in Colorado and is supported by a cohesive network of business partners. Lantern was originally incubated out o...

PHOENIX —  Item 9 Labs Corp. (OTCQX: INLB) (the “Company”) — a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products — announced today that it has signed a definitive agreement to acquire Sessions Cannabis (“Sessions”), one of Canada’s largest cannabis retail franchisors. “This is a transformative acquisition that fast-tracks our entry into the Canadian market and brings tremendous value to our shareholders,” said Item 9 Labs Corp. CEO Andrew Bowden. “With an exponential increase in store count across North America, this acquisition would transition us from being a multi-state operator to an international cannabis company and the largest global cannabis franchisor. The potential to accelerate growth through both franchising and additional opportunistic acquisitions is immense. This is simply the first step to much deeper market penetration, both in Ontario and other provinces.” Founded in 2019, Sessions currently has...

CANTON, Miss. — Southern Sky Brands , a vertically integrated provider of Mississippi-made, plant-based medicine, has selected the Dual Draft Integrated Airflow system as a part of the company’s new state-of-the-art vertical cannabis cultivation facility in Canton, Mississippi. The Dual Draft installation supports optimal indoor plant environments in one of the first medical cannabis facilities designed and operated in The Magnolia State. The facility expects production to commence in Fall 2022. Steve Merritt, Chief Operating Officer of Southern Sky Brands, is a national expert in designing, constructing, and operating efficient, productive cultivation facilities. Merritt and his team have worked closely with the Dual Draft team to ensure seamless integration in support of a highly efficient cultivation facility design. Design team specifications utilized Dual Draft’s Hurricane Airbox and proprietary Zero-Clearance Airbox to ensure maximum space is dedicated to plant canopy. Merrit ...

ORANGE COUNTY, Calif. — Tyson 2.0 (the “Company”), legendary boxer, entrepreneur and cannabis advocate Mike Tyson’s newly launched cannabis company, today announced the appointment of Jackie (Northacker) Guarini as Chief Marketing Officer to lead the Company’s marketing strategy. Jackie is an accomplished, transformational leader with over a decade of experience in digital marketing, consumer connections, branding, and media initiatives. Jackie joins Tyson 2.0 after most recently serving as Head of Commerce Media for Anheuser-Busch’s U.S. portfolio where she built a first of its kind Connected Commerce strategy integrating shopper marketing, e-retail and direct-to-consumer programs. She oversaw social and programmatic partnerships working with companies including Google, Meta, Pinterest, Snapchat, Twitter, Code3, Yahoo and The Trade Desk. Jackie previously served as Digital Media Manager for Anheuser-Busch’s Michelob ULTRA brand family, leading all omnichannel strategy for Michelob U...

NEW YORK, NY – A federal agency this month took steps to end a decades-long monopoly on cannabis grown for research, issuing a call for “qualified businesses” to supply marijuana for approved programs. The announcement was not a Request for Proposal, merely a “sources sought” request. The proposal from the National Institute on Drug Abuse (NIDA) seeks capability statements “from all businesses having the in-house capability to act as a centralized source for acquisition and/or production of cannabis and related materials for research purposes .” The University of Mississippi holds the only federal license to grow cannabis. That 12-acre farm has held a non-competitive contract since 1968. “Interested organizations must demonstrate and document, in any capability statements submitted, extensive experience with and the ability to perform the above tasks.” These businesses and organizations “should demonstrate capability to administer and coordinate interrelated tasks in an effective ...

One of the biggest issues with today’s cannabis is misplaced focus. While many consumers believe higher THC content makes for a better and more enjoyable flower, the key to success lies in properly preserved terpenes, and cannabis curing plays an essential role in delivering the goods. If done properly, dried and cured cannabis is more aromatic, flavorful, and capable of delivering the nuanced effects desired by the most discerning consumers. In fact, an unofficial examination of the most recent Emerald Cup winners showed that the judges overwhelmingly selected products with a higher terpene content according to Alec Dixon, co-founder and director of client relations at SC Labs , which regularly handles product testing for the event.  “If you look at the average cannabinoid content of the top 20 winners, it has nothing to do with the selection. But if you look at terpene content, you can always see it’s at least 1-2 standard deviations higher in the winners,” said Dixon. While...

CRTFD recently opened its first cannabis social club in Barcelona, Spain. The space is located in the center of the city, a mere five-minute walk from the famous Cathedral of Barcelona, but CRTFD has not structured itself to blend into the surrounding tourist traps. Created by a team that prides itself on authenticity and embraces subculture at all turns, Club CRTFD is bringing the best in cannabis, fashion, and art with a California flavor to Europe. “We chose Barcelona as we feel it is the cannabis hub of Europe and the environment and energy resembles that of California,” said creative director Seti. Club CRTFD has a casual open layout, comfy furniture, and most notably stunning, custom art pieces throughout. Rather than trap their artwork in insignificant frames, they have opted to use their very walls to embrace vibrant, over-the-top pieces from movers and shakers in the art world. The venue will serve almost like a 21st commune with residency for creatives, featuring key indiv...

LIFT&Co . landed at its usual spot for 2022 in the Metro Toronto Convention Centre, surrounded by the opulence of skyscrapers, high-end restaurants, and major banking institutions. A few years ago, this location felt at odds with an industry still shedding the stigma of prohibition. But now that legal cannabis has proven itself with an estimated $43.5-billion boost for Canada’s GDP while indirectly sustaining 151,000 jobs nationally, the event is exactly where it belongs. With a growing number of cultivators, expansion of retail outlets, and a strong trade show market in the U.S., it’s clear that tides have shifted a bit in the North American industry. That still didn’t stop a healthy list of exhibitors and speakers at this event, presenting an optimistic outlook for the future up north. One of the topical discussions that held the spotlight during the speaker sessions was the need to increase THC limits in Canadian edibles, which are currently capped at 10mg per packag...