California Marijuana

LANDSDOWNE, ON  – Molecule Holdings Inc. (CSE: MLCL), a Canadian craft-focused cannabis beverage production company, today announces the revocation of the “failure to file” cease trade order issued by the Ontario Securities Commission on October 5, 2023, which prohibited the trading by any person or company of any securities of the Company in Canada, except pursuant to limited exceptions under the CTO. The CTO was issued by the OSC as a result of the Company’s failure to file its interim financial statements, management’s discussion and analysis and related officer certifications for the three and nine months ended July 31, 2023 as required under Parts 4 and 5 of National Instrument 51-102 – Continuous Disclosure Obligations and pursuant to National Instrument 52-109 – Certification of Disclosure in Issuer’s Annual and Interim Filings. The Company completed the filing of the Interim Filings on December 28, 2023 and are now available for review on SEDAR+ at www.sedarplus.ca. ...

You may have heard a thing or two about hemp in the news recently, but what is this “ miracle plant ” and why isn’t it taking the world by storm? Widespread confusion about the nature and benefits of hemp, as well as people mixing it up with marijuana — another substance derived from the Cannabis sativa plant — have prevented people from embracing hemp on as wide of a scale as they otherwise might. An increase in hemp’s popularity has led to an increase in the spread of misinformation about these plants. When you add the amount of media sensationalism that often has arisen with regard to coverage of the hemp and marijuana industries, it’s understandable why so many people are confused. What is hemp and how is it used? The difference between hemp and marijuana, at least in the United States, is that federal law decrees hemp may have THC levels of no more than 0.3% by dry weight . Tetrahydrocannabinol — better known as THC — is a psychoactive cannabinoid naturally present in...

Available in Michigan. Sweet Justice ’s lightly carbonated social beverages are crafted to minimize cannabis taste and aroma. Five flavors including classic colas, ginger ale, and fruit punch deliver from 1-10mg THC per can. A portion of each sale is donated to the Great Lakes Expungement Network, a collection of community-based organizations, professionals, businesses, and criminal defense attorneys dedicated to providing Michiganders with criminal records an opportunity for a clean slate through fee-free expungements. Market to socially conscious consumers looking for a flavorful alternative to alcohol. Wholesale: franklinfields.com/retail-inquiries DrinkSweetJustice.com

Available nationwide. A Danish brand known for its sleek, sophisticated look and attention to detail, HØJ appeals to consumers who are willing to spend a little more for quality materials and design. KLIP is a magnetic, customizable “slicer, not grinder.” The blade system cuts the flower, preserving precious trichomes and the associated flavor and potency. KØL , available in standard and mini sizes, offers a cleaner, cooler experience with its magnetic snap-wipe-and-done construction. The innovative micro-channel cooling system keeps hits flavorful without the need for water, and the pipe’s unique snap-apart design makes cleaning a breeze. Both products are eye-catching, so merchandise them prominently to elicit curiosity and start sales conversations. Wholesale: Hoj.life/pages/business Hoj.life

WASHINGTON – President Joe Biden issued a directive December 22 expanding the pool of marijuana offenders eligible for federal pardons. “I am issuing a Proclamation that will pardon additional offenses of simple possession and use of marijuana under federal and D.C. law,” the President stated. “Criminal records for marijuana use and possession have imposed needless barriers to employment, housing, and educational opportunities. Too many lives have been upended because of our failed approach to marijuana. It’s time that we right these wrongs.” The President issued a similar pardon proclamation last October, and in March the Justice Department opened an online portal for eligible applicants to apply for pardon certificates. Estimates provided at that time by the US Sentencing Commission suggested that nearly 7,000 Americans with low-level federal marijuana-related convictions would be eligible for relief under the directive. It is not yet clear how many additional citizens with feder...

WASHINGTON – On Friday, December 22, the Biden-Harris Administration announced its decision to pardon thousands of Americans convicted of marijuana possession on federal lands and commute the sentences of nearly a dozen non-violent drug offenders. The milestone is a welcomed development and a positive step taken by the Administration to reforming the nation’s criminal justice system and addressing structural disparities. Melanie L. Campbell, President and CEO of the National Coalition on Black Civic Participation and Convener of The Black Women’s Roundtable expressed her support for this initiative, stating, “The National Coalition on Black Civic Participation and Black Women’s Roundtable wholeheartedly applauds President Biden for this far-reaching and compassionate action. The decision to pardon individuals convicted of simple marijuana possession is a critical step towards correcting the historical injustices perpetuated by our criminal justice system against communities of color....

TORONTO  – Nova Net Lease REIT (CSE: NNL.U) (OTCQB: NNLRF), a real estate investment trust focused on delivering attractive financing solutions to quality U.S. Cannabis Operators, today announced that it has, through certain of its subsidiaries, entered into a joint venture with a Nevada real estate investor group. The JV Partner is contributing two properties with an aggregate value of approximately US$15.7 million into the Joint Venture. Highlights The Joint Venture acquired a portfolio consisting of two facilities in Nevada comprising a total of 98,500 square feet for an aggregate purchase price of approximately US$15.7 million. The Joint Venture is structured as a limited partnership with Nova acting as the General Partner and receiving a 15% LP interest in the Joint Venture. The JV Partner will receive approximately US$8.9 million of limited partnership units priced at US$1.25 which are ultimately exchangeable for units of the REIT on a 1:1 basis. The JV Partner Units will...

TALLAHASSEE, Fla.  — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the U.S., today announced the appointment of Wes Getman as Chief Financial Officer, effective January 1, 2024. Mr. Getman has over 25 years’ experience in accounting and finance in both corporate and advisory roles for private and public companies including Blue Bird Corporation, Grant Thornton, and PricewaterhouseCoopers. “Mr. Getman brings valuable experience to Trulieve, having served in numerous accounting and finance positions across manufacturing, service, software, and technology industries,” said Kim Rivers, CEO of Trulieve. “We had the opportunity to work with Wes for several months in an advisory capacity before welcoming him to our executive leadership team. His experience building successful teams in high growth environments is a perfect match for Trulieve.” “I look forward to officially joining Trulieve and continuing to work with the team,” said ...

TORONTO  – Trees Corporation (CBOE: TREE) today announced that the Company and its subsidiaries, Ontario Cannabis Holdings Corp., Miraculo Inc., 2707461 Ontario Ltd., OCH Ontario Consulting Corp., and 11819496 Canada Inc., have received an order for creditor protection from the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act (the “CCAA”). The Trees Group has been actively pursuing additional financing to raise capital to fund its operations, and engaged a financial advisor to assist the Trees Group with reviewing strategic options, including financing options. Following such review and after careful consideration of all available alternatives, and consultation with legal and financial advisors, the directors of the Trees Group determined that it was is in the best interests of the Trees Group to file an application for creditor protection under the CCAA. The Initial Order includes, among other things: (i) a stay of proceedings in favour ...

Deana Martin saw first hand the power of medical cannabis when she was her sister’s medical caretaker. She also saw how it helped her son who struggled with sleep, migraines and mood issues stemming from concussions he suffered as a wrestler. She saw people she loved suffering and decided to take action by creating a network of cannabis suppliers for her to deliver medical cannabis to patients in need. Unfortunately, the U.S. The Federal Government came calling and she was sentenced to 4 years in federal prison. Deana’s story doesn’t end there. After 4 years, she is now on the cusp of leaving the halfway house she’s been living in as a condition of her probation and ready to get back to her family and her life. Part of that new life involves a scholarship she received to Oaksterdam University, the world’s first cannabis college with a cross-disciplinary curriculum that covers the most recent developments in cultivation, business, and policy and is grounded in the legacy of the ca...

The average American spends nearly seven hours online each day, but very few people have even a basic understanding of how ranked content works. Politicians complain about unflattering search results and blame big tech. Business owners get frustrated by lower-quality competitors generating more web traffic and blame the marketing team. In both instances, the complaints demonstrate a clear lack of understanding when it comes to search engine optimization (SEO) and the investment it takes to climb to the valuable top of a Google search. SEO is a widespread, comprehensive process with the end goal of increasing a website’s page ranking or placement on search engine results pages (SERPs). This is accomplished through about 200 “ranking factors” companies like Google use to determine the best or most relevant content to display for a specific search. The factors include high-quality, keyword-optimized content, authoritative backlinks, web page speed , social signals, and mobile friendlin...

MONTREAL  – The Good Shroom Co Inc. (TSXV: MUSH), an emerging player in the Canadian cannabis industry which owns and operates a portfolio of brands that include cannabis products and wellness beverages, announces its financial results for the quarter ended October 31, 2023.  Readers are encouraged to review the financial statements and the accompanying Management’s Discussion and Analysis available at www.sedar.com. FINANCIAL HIGHLIGHTS The Company achieved revenue growth with sales of $1,510,586 a 1.8 times increase from the prior year’s quarter of $822,569. A gross profit $483,605 was recorded, a significant increase from the prior Q1 2023 of $181,942.  The net profit of $92,126 is the highest profitable quarter to date.  The same quarter last fiscal year was a net loss of ($191,569). 98% of revenue was generated through cannabis products, as most of its resources have been geared towards this division and sales for wellness beverages of $9,201...

TORONTO and SEATTLE — POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three and nine months ended September 30, 2023. “Since our inception, POSaBIT has remained steadfast in our dedication to delivering unparalleled payment and Point of Sale solutions to the cannabis industry. This commitment was once again demonstrated as we swiftly navigated through industry service interruptions, achieving a return to 75% of processed volume with an additional 100 locations expected to commence processing in the coming weeks. While our primary focus was on supporting our existing merchant partners, it is gratifying to note that we continued to attract new business during this period, underscoring our position as the payments leader in the cannabis industry,” said Ryan Hamlin, co-founder and CEO of POSaBIT. Hamlin continued, “In alignment with our commitment to operational exc...

NEW YORK — Skip the scotch and wine this holiday season and give the gift Americans actually want this year: Cannabis! According to data from a new survey by Oak PR – a leading strategic communications agency – roughly 1 in 4 Americans plan to gift cannabis this holiday season, with even more (estimated 63%) planning to incorporate cannabis into their holiday plans in 2023. The survey also shows the continued trend in Americans – specifically Gen Z and Millennials – moving away from the traditional holiday gifts of wine and alcohol, and preferring instead to give and receive cannabis during the holidays. The survey was conducted by Wired Research on behalf of Oak PR. Results of the survey suggest a growing trend in holiday preferences, with cannabis gaining acceptance and adoption from all types of Americans, most notably: Gen Z and Millennials are more likely than their older counterparts (Gen X + Boomers) to include cannabis in their 2023 holiday plans (78% vs. 56%). American pa...

Medical Cannabis Platform for Innovation and Research (MCPIR), a platform for licensed cannabis producers and investors, has received a license for long-term research into the cultivation of medicinal cannabis as of December 15, 2023. MCPIR aims to develop a blueprint for the professionalization of medicinal cannabis cultivation by conducting research in its fully operational state of the art research facility. Now that the recognition has been received, MCPIR starts with phenotyping, or the selection of the right cannabis genetics with characteristics which can lead to a better yield or, for example, specific active compounds. MCPIR will grow under different climate and light conditions, to make a selection based on various factors such as plant resistance, chemical profile, plant structure, yield and growth patterns. This process will take several months. In addition, the optimal temperature/light ratio (RTR ratio temperature radiation) will be examined in combination with the co...

DENVER  – Charlotte’s Web Holdings Inc., A market leader in full-spectrum hemp extract wellness products, and AJNA BioSciences PBC, a botanical drug development company focused on mental health and neurological disorders, announced today that DeFloria LLC commenced its First-in-Human Phase 1 clinical trial for AJA001, a full-spectrum botanical drug. Dr. Orrin Devinsky Ph.D., the Chief Medical Advisor at AJNA Biosciences stated, “Our phase 1 entrance marks a critical milestone in AJA001’s clinical timeline and advances a full-spectrum cannabinoid formulation into rigorous clinical trials that are essential to advance medical science. We are proud of our team’s hard work reach this point, and I am excited to help develop the Phase 2 program for this new drug.” AJA001’s initial research is dedicated to the examination of the safety, tolerability, pharmacokinetics, and pharmacodynamics in fasted and fed healthy participants of a full spectrum hemp oil extracted from one of ...

VANCOUVER, BC  – KayaPush and Treez have announced an integration partnership. This integration is designed to fuel the cannabis industry’s global growth and will streamline cannabis retailers with KayaPush’s workforce management platform and Treez’s POS technology. The strategic alliance between KayaPush, specializing in scheduling, time tracking, and payroll management, and Treez, a leader in point-of-sale software and retail analytics, equips cannabis enterprises with a comprehensive solution. The integration between the companies not only streamlines operations but also provides actionable insights to drive revenue and profitability in the dynamic cannabis industry. With real time sales reports, heatmaps and more, customers will be able to make real time decisions on how to be highly efficient with their most expensive operational cost, labor. Tommy Truong, CEO of KayaPush, expressed his enthusiasm about the partnership, “At KayaPush, we have always been dedicated to simplify...