Daily Cannabis News Roundup | January 18, 2019

HighLights

Global Recreational Cannabis Market Projected to Reach $32 Billion by 2022

ArcView and BDS Analytics projects that the global recreational cannabis market will grow to $32 billion by 2022.

Stocks

Market Watch
HEXO Corp. (“HEXO” or the “Company”) (TSX:HEXO) is pleased to announce that its common shares have been approved for listing on the NYSE American LLC…

Aurora Cannabis Shares Dive Following $250M Offering News

Aurora Cannabis Inc (NYSE: ACB) stock plummeted more than 8.7 percent Thursday morning after the company announced plans for a $250 million …

Tilray (TLRY) Rating Increased to Hold at Zacks Investment Research

Fairfield Current
Tilray (NASDAQ:TLRY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday…

Canadian cannabis producers are breaking into the US market, causing millennials to snap up …

Last week, four of five most added stocks on the app were the Canadian cannabis producers Aurora Cannabis,Canopy Growth, Cronos and Tilray.

Market Watch
INVICTUS MD STRATEGIES CORP. (“Invictus” or the “Company”) (GENE)(otcqx:IVITF)(fra:8IS1) is pleased to announce that it has submitted its application to list its common shares (the “Shares”) on the NASDAQ Capital Market ()NASDAQ”)…

New Laws Set Up US Cannabis Industry for Explosive Growth

Market Watch
The 2018 U.S. Farm Bill changes the way that CBD-based products are legally classified. If the federal government permits the sale of cannabis-sourced products online, established companies in the space could reap huge rewards…

Market Watch
DionyMed Brands Inc. (“DionyMed” or “Company”) (cse:DYME), a multi-state cannabis brand and delivery platform, today announced it has signed a definitive agreement (the “Agreement”) for a two-year, up to US$40 million senior secured credit facility from a syndicate of investors….

Market Watch
MedMen Enterprises Inc. (“MedMen” or the “Company”) (cse:MMEN) (otcqx:MMNFF) announced today unaudited systemwide revenue for its fiscal 2019 second quarter ended December 29, 2018…

Market Watch
Medical Marijuana, Inc. MJNA, -2.32% the first-ever publicly traded cannabis company in the United States, announced today that its portfolio company Kannalife, Inc. (“Kannalife”)KLFE, +0.00% a bio-pharmaceutical and phyto-medical…

The CEO of one of the hottest marijuana vape startups says the company is gearing up for an IPO …

Pax Labs is aiming to go public this year, Bharat Vasan, the marijuana vape startup’s CEO told Business Insider in a Thursday interview. Vasan he’s …

Market Watch
OTC Markets Group Inc. (otcqx:OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Harvest Health & Recreation, Inc. (cse:HARV)(otcqx:HTHHF)…

Market Watch
The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TGOD) (us:TGODF) is pleased to announce the appointment of Dr. Rav Kumar, PhD…

Market Watch
Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV) today announced that Narbe Alexandrian has been appointed as President of the Company, effective immediately. …

Market Watch
Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV) is pleased to provide an update on the operations of Canapar SrL (“Canapar), an Italian-based hemp …

Market Watch
The cannabis industry experienced significant growth last year, particularly in Canada following the legalization of adult-use cannabis on a federal level. The upcoming legalization of edible products…

Market Watch
Acreage Holdings, Inc. (“Acreage”) (cse:ACRG.U) (otcqx:ACRGF), the United States’ largest vertically integrated, multi-state cannabis operator according to public filings, announced Greenleaf Apothecaries, LLC…

Valens GroWorks aims to capture a higher-level market in the cannabis extract space

The Kelowna, BC-based cannabis company specializes in the research, development, production, and testing of high-quality cannabis extracts and …

Cannabis Strategic Ventures (OTCMKTS:NUGS) Looks To Have Bottomed

“As we increase Cannabis Strategic Ventures’ stronghold in the California cannabis market, we are pursuing partnerships that are strategically aligned …

Colorado Cannabis Pioneer Andy Williams to Merge Operations into Public Company

Now, the company is planning to acquire MedPharm and focusing on becoming a global operator in the cannabis space. Cofounder of Medicine Man ..

Market Watch
Today Medicine Man Technologies (otcqx:MDCL), a leading consulting, intellectual property licensing and products company in the cannabis industry, has announced a binding agreement that is expected to lead to the near-term acquisition of the Colorado licensee, Medicine Man Denver…

Market Watch
Beleave Inc. (cse:BE) (otcqx:BLEVF) (“Beleave” or the “Company”) is pleased to provide an update on its participation and cooperation regarding the ongoing investigation by the British Colombia Securities Commission …

Market Watch
Abattis Bioceuticals Corp (the “Company” or “Abattis”) (cse:ATT) ATTBF, -0.31% is pleased to announce that the temporary order from the British Columbia Securities Commission (“BCSC”), issued on November 26, 2018 ()Order”), has not been extended against Abattis. ..

CannabisNewsAudio – Youngevity International, Inc. (NASDAQ: YGYI) Targeting CBD-Infused Beverage Market through Recent Exclusive Cross-marketing Agreement

Cannabis News Wire
CannabisNewsAudio announces the Audio Press Release (APR) titled “Companies Explore Market Potential for Ready-to-Drink CBD Beverages,” featuring Youngevity International, Inc. YGYI, +0.61% … 

Market Watch
Weekend Unlimited Inc. (cse:YOLO – FSE) is starting off the new year with a bang. On the heels of an exciting announcement last week, the lifestyle brand formally announced the closing of its acquisition of Verve Beverage Company. …

MediPharm Labs, Pure Global Cannabis, Weekend Unlimited, Plus Products, Trulieve Make …

Dozens of top cannabis companies presented at the Benzinga Cannabis Capital Conference, held Wednesday at the Eden Roc Miami Beach.

Business

Burgeoning Cannabis Industry Showing No Signs of Slowing Down While Economic Opportunities …

In fact, legal cannabis and the rising popularity of CBD infused products has started gaining traction worldwide due to very high demand among …

6 Fundamentals of Structuring a Multi-Million Dollar Cannabis Deal

Cannabis’s federally illegal status and state-by-state regulations make for an interesting—and oftentimes challenging—acquisition landscape, …

Neiman Marcus Will Start Selling Cannabis Cosmetics in Select States

The non-intoxicating cannabis extract can now be found in just about any skin-care product you can think of and is often marketed for its ability to …

Market Watch
Helix TCS (otcqb:HLIX) (the “Company”) is pleased to announce that it is positioned to see significant growth alongside New York’s forthcoming recreational…

Global News

CannaTech: Panama — World’s Top Medical Cannabis Scientists and Business Leaders to Gather …

16, 2019 /PRNewswire/ — The world’s leading cannabis researchers and scientists, ag-tech, pharma experts, regulators, investors, and entrepreneurs …

Lawmakers In Portugal Debate Two Marijuana Legalization Bills

Lawmakers there also passed a medical cannabis bill last year. Current United Nations Secretary-General Antonio Guterres was Portugal’s prime …

Market Watch
ICC International Cannabis Corp. (cse:WRLD.U) (fwb:8K51) (“ICC” or “International Cannabis” or the “Company”) is pleased to announce that it has entered into a …

Market Watch
 Earth Science Tech, Inc. (otcqb:ETST) (“ETST” or the “Company”), an innovative biotech company focused on the cannabidiol (CBD), nutraceutical and pharmaceutical fields, medical devices, and research and development, today announces…

US News

Gaetz again introduces Medical Cannabis Research Act

WASHINGTON, D.C. — For the second year in a row, Congressman Matt Gaetz has introduced a bill to benefit research into the medical benefits of …

Legislation Introduced In Indiana To Create Medicinal Cannabis Pilot Program

Representative Ragen Hatcher [D] introduced legislation Thursday to establish a five-year medicinal cannabis pilot program in the state of Indiana.

Legislation to legalize, decriminalize marijuana in Virginia fails

NORFOLK, Va. – One local Virginia House Delegate’s effort to legalize and decriminalize marijuana in Virginia has failed.

Ohio sold $75k in medical marijuana on first day of legal sales

The Ohio Medical Marijuana Program sold $75,000 worth of medicinal cannabis Wednesday on the first day of legal sales in the state.

Michigan allows temporary facilities to reopen amid medical marijuana shortage

DETROIT – Michigan’s medical marijuana dispensaries are facing a shortage of the product that many patients depend on. All across the state shelves ..

Gov. DeSantis desires to move forward with smokable medical cannabis

The law also capped the number of medical-marijuana licenses and the number of dispensaries in the state. Court decisions in other lawsuits also …

Future of marijuana legalization is hazy at State Capitol

Tim Walz campaigned on legalizing and decriminalizing marijuana, legislative leaders from both parties have said they will not rush to pass legislation …

California News

BREAKING NEWS: California Agencies Issue Final Cannabis Regulations. Finally.

california cannabis final regulations. Yesterday afternoon, on January 16, 2019, the California Office of Administrative Law (“OAL) finally approved the ..

Dispute over rules riles California’s legal pot market

California has finalized its rules governing the nation’s largest legal marijuana market, a milestone coming more than a year after the state broadly …

TGSP 213: Alan Brochstein (NCV) – Cannabis 2018 Recap & 2019 Forecast

This week on TGSP: Jeremy speaks with Alan Brochstein (New Cannabis Ventures) about what took place in 2018 and what we could start to see in …

The Sales Conundrum: How Cannabis Farmers Are Being Screwed by Retail Regulations

Now, with the close of the first year of recreational cannabis in California, statistics are starting to be made public about how little money was actually ..

Producers are meeting California’s new, tougher rules for cannabis safety

Tougher requirements for marijuana purity that kicked in this year in California aren’t triggering the high failure rates that emptied shelves at cannabis …

Market Watch
Goldrea Resources Corp. (“Goldrea” or the “Company”) is pleased to announce that the Company has established a wholly-owned subsidiary named Global Lab Analytics, Inc. (GLA), incorporated and based in California…

Canadian News

Cannabis lottery looks like an attempt by Ford government to ensure legalization fails

Says Toronto-based cannabis lawyer Caryma Sa’d, “Why would we uproot an industry that existed? People who know how to work within it are now …

Alberta Liberals call on government to issue more cannabis licences

WATCH ABOVE: (From Jan. 3, 2019) Cannabis producers are trying to catch up to overwhelming demand. While supply issues are improving, Alberta …

Market Watch
Liht Cannabis Corp. (cse:LIHT) (otcqx:LIHTF) or the “Company”) is pleased to announce that its wholly-owned subsidiary, Full Spectrum Medicinals (“FSM”), has completed the securing…

Science News

Highly effective protocol to prepare cannabis samples for THC/CBD analysis

Porvair Sciences reports on a highly effective protocol, using its Plant Genomics microplate, for preparing cannabis samples for analysis of …

ProKure’s Chief Science Officer Leads First Ever ASTM International Standards for Cleaning …

ProKure’s Chief Science Officer Leads First Ever ASTM International … ASTM Committee D37 on Cannabiswas formed to develop standards for …

Vaping marijuana is technically safer than smoking it, but one caveat could make the habit …

Vaping poses other serious health risks because many of the pens use cannabis extracts or introduce toxins during their production process.

Cannabis Addiction Is a Myth, according to Substance Abuse Expert

Cannabis Addiction Is a Myth, according to Substance Abuse Expert … MJ Milloy – UBC’s inaugural Canopy Growth Professor of Cannabis Science.

It’s Time To Unshackle Cannabis Research Efforts

Science proves cannabis has medical benefits for adults, the report concluded. Researchers found that cannabis and cannabinoids can help alleviate …