Daily Cannabis News Roundup | January 29, 2019

HighLights

Video: Arcview’s Troy Dayton Shares Advice For Cannabis Businesses

Benzinga
In this impactful presentation, Arcview’s Troy Dayton goes into the available investment tiers, best practices for raising capital, and how to interest investors by honing your winning pitch (and avoiding common presentation errors)…

PG&E’s Financial Woes Will Decimate California’s “Green” Industries

PG&E’s Financial Woes Will Decimate California’s “Green” Industries … That’s meaningful for one reason: Cannabis plants require a lot of electricity to…

Parsing Some Differences In Cannabis Product Demand And Oversupply

Benzinga
When New Frontier Data released its free market update to the industry last fall, 2018 Cannabis Industry Trends Report: Market Insights offered a look into the growing demand for non-flower products…

Watchdogs are set to ban High Street CBD ‘cannabis‘ oil for up to 18 …

Daily Mail
Watchdogs are moving to ban sales of the popular ‘wellness’ supplement CBD oil, which is derived from cannabis. The number of people using …

The Ledger: Crypto vs. Cannabis, Blockchain and Jamie Dimon in Davos

Fortune
That got me thinking: Perhaps cryptocurrency and cannabis could learn a little something from each other. After all, with cryptocurrency we spend a lot of time talking about cross-border transactions; for my cannabis story, I spent some time actually crossing borders..

Stocks

TOKERS & JOKERS | CANNABIS STOCKS START THE WEEK STRONG

The Morning Blunt
US and Canadian cannabis stocks were largely on the rise Monday, with only a handful of stocks ending the day in the red. Last week Ohio-based Green Growth Brands…

TILRAY’S STOCK PLEDGE LOOKING LIKE AN EMPTY PROMISE

Grizzle
Some cannabis investors may remember Namaste’s “The Pledge”, where management agreed not to sell shares for 90 days and invited any individual investor who agreed to do the same to a party at the end of the period…

Aurora Cannabis Research Report

Market Wealth
On Jan. 24, 2019, Aurora Cannabis Inc., one of the biggest Canadian marijuana
stocks – debuted on the New York Stock Exchange in October 2018. While the
stock hasn’t done very well since it listed on a major exchange, investors are still
encouraged by recent news…

What’s Making News In These Pharma And Cannabis Stocks Today?

Nasdaq
AbbVie ( ABBV ) announced that the FDA has approved the use of IMBRUVICA in combination with Roche’s Gazyva for adult patients with previously untreated chronic lymphocytic leukemia/small lymphocytic lymphoma…

Marijuana Stocks Technical Analysis Chart 1/28/2019 by ChartGuys.com

Chart Guys
Recap: Technical analysis and fundamentals of cannabis stocks for January 28, 2019.

Cramer’s pot predictions for 2019: Legalization, deals, branding goes big

CNBC
After a monumental 2018 for cannabis — with Canada passing full legalization, the first pot company going public on the U.S. stock market and the substance becoming even more mainstream….

Our Innovative Industrial Properties Stock Prediction in 2019 (Buy or Sell?)

The marijuana industry is generating such intense investor interest, it’s spawning a wide variety of cannabis-linked assets beyond just individual public …

Green Thumb Industries (GTI) Enters Florida Market and Welcomes Community to RISE Deerfield Beach for Open House, Ribbon Cutting on January 29

GTI
Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner-operator of the high growth national cannabis retail chain RISE™…

The Green Organic Dutchman Holdings gives clarification about potential operations in Greece

Proactive Investors
The Green Organic Dutchman Holdings Ltd (TSE:TGOD) (OTCQX:TGODF) gave further clarification Monday about its proposed operations in Greece, in light of a number of media reports released in Greece…

Organigram Quarterly Sales Jump 504% to $12.4 Million

New Cannabis Ventures
Organigram Holdings Inc. (TSX VENTURE: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its first quarter results for fiscal 2019…

News Wire
Valens GroWorks Corp. (CSE: VGW,OTC: VGWCF) (the “Company” or “Valens”), a multi-licensed, vertically integrated provider of cannabis products and services focused on various proprietary extraction methodologies, distillation, cannabinoid isolation…

News Wire
The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSXV: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its wholly-owned subsidiary, 7ACRES, has obtained Health Canada approval…

News Wire
Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to report a critical step in the export of medicinal cannabis from Israel and its significance to the Company and its Israeli partner, Cannbit Ltd…

Markets Insider
CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) (“Origin House” or the “Company”), a leading North American cannabis products and brands company today announced that the Company has entered into a strategic agreement (the “Agreement”) with Viola…

News Wire
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) (the “Company” or “Plus Products”) is pleased to announce that it has entered into an agreement with a syndicate of agents led by Canaccord Genuity Corp. (the “Agents”) with respect to a private placement of unsecured convertible note units…

Emerald Health sees Expansion of Pure Sunfarms’ Cannabis Cultivation License to 825,000 Square Feet

TMX Money
Emerald Health Therapeutics, Inc. (“Emerald” or the “Company”) (TSXV:EMH; OTCQX:EMHTF) announced that its 50%-owned joint venture focused on large-scale…

Liberty Health Sciences CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Sedar
Liberty Health Sciences Inc. (the “Company”) was incorporated under the Business Corporations Act (British Columbia) on November 9, 2011 as SecureCom Mobile Inc. (“SecureCom”)…

Green Market Report
Slang will be going public this week on Tuesday on the Canadian Securities Exchange in an IPO with an implied market value of $541 million using the ticker SLNG. The company was previously known as Fire Cannabis Inc…

Harvest One Corporate Presentation

Harvest One
Harvest One is a global cannabis company that develops and provides innovative lifestyle and wellness products to consumers in regulated markets around the world…

Tetra Bio-Pharma Files Patent Application to Protect PPP001

Tetra Bio-Pharma
Tetra Bio-Pharma Inc (“Tetra” or the “Company”) (TSX VENTURE: TBP) (OTCQB: TBPMF), a leader in cannabinoid-based drug discovery and development has announced that it filed a patent application for its PPP001 drug product…

News Wire
CANNAMERICA BRANDS CORP. (“CANA” or the “Company”) (CSE: CANA) (OTCQB: CNNXF) is pleased to provide an update on its binding letter of intent to create a joint venture with Invictus MD Strategies Corp. (“Invictus”) (TSXV: GENE; OTCQX: IVITF; FRA: 8IS1) …

MJardin: Lack Of Strategic Focus Cost RTO Investors (Initiating)

Seeking Alpha
MJardin (OTCQX:MJARF) is a Colorado-based cannabis company that operates cultivation and retail operations in the U.S. and Canada. Historically, the company has focused on managing…

Business

Chart: US-affiliated medical cannabis firms led fundraising on …

Marijuana Business Daily
U.S.-affiliated medical cannabis companies dominated Canadian Securities Exchange (CSE) fundraising in 2018, raising nearly $2 billion …

BBB begins accrediting Colorado cannabis companies

Count it as one more step toward the normalization of a multibillion-dollar Colorado industry: Greater Denver’s Better Business Bureau is now …

Report: US Cannabis Consumer Shopping Keeps Climbing

Benzinga
The retail cannabis market is showing consistently growing strength in a number of markets. Average expenditures are on the rise and more …

This Cannabis Market Will Be Bigger than America’s and Canada’s …

Civilized
Canada was easily the top cannabis newsmaker of 2018 after becoming the first G7 nation to legalize recreational cannabis. But 2019 could …

Global Cannabis: What Does the Future Hold?

Cannabis Business Times: With all the market consolidation, buyouts and publicly traded companies emerging in the cannabis space, is big business …

How to Properly Use Personal Protective Equipment in Your Cannabis Cultivation Facility

In Colorado, the cannabis industry is regulated by OSHA at the federal level. OSHA requires cannabis cultivators to perform a hazard assessment in …

The Rise of Women in Cannabis

In what may seem like a male-dominated industry, the legal cannabis market has attracted many female entrepreneurs and participants who are …

Global News

Medical marijuana bill hurdles House

ABS CBN News
The House of Representatives passed on third and final reading Tuesday a proposed measure legalizing the use and research of medical marijuana in the country…

Bloomberg
The government is moving to assure a local supply of the drug by giving out grower contracts for 10,400 kilograms (22,928 pounds) of pot over the next four years. The Federal…

Thailand suspends patent applications for medical marijuana

BANGKOK — Thailand’s military government on Monday suspended the licensing of commercial marijuana-based products for medical use amid …

US News

Minnesota Introduces Bill for Marijuana Legalization

Lawmakers are planting the seeds of legal weed in Minnesota — introducing legislation on Monday that would end marijuana prohibition in the state, …

Trump Attorney General Pick Puts Marijuana Enforcement Pledge In Writing

He’s also calling for the approval of more legal growers of marijuana for research, and is acknowledging that a recent bill legalizing hemp has broad …

Dispute Over Medical Marijuana Limits Reaches Michigan Supreme Court

The Michigan Supreme Court will hear arguments in a dispute over whether a Kent County township can restrict where medical marijuana is grown…

Marijuana firm Verano sued for $135 million in Nevada related to licenses

Marijuana Business Daily
Multistate operator Verano Holdings faces a $135 million lawsuit in Nevada for alleged fraud in excluding its Nevada partners from a recent licensing round in which the Illinois-based firm won 11 additional recreational cannabis store licenses…

Ohio doctors, medical marijuana experts may expand access to cannabis

WLWT
Sitting a few feet away from what will be a medical marijuana dispensary in Hartwell, a smoke shop called Lefty’s is a hotbed of cannabis-centric conversations…

California News

Green Market Report
This Post suggests some specific changes relating to the reporting and collection of Cannabis Cultivation Tax (“CCT”) and Cannabis Excise Tax (“CET”). California’s shortfall in cannabis tax revenue is not because California’s underground market did not pay CCT and CET taxes…

Lawmakers Seek Tax Cuts For Sluggish California Legal Pot Industry

Licensed marijuana businesses complain that California’s high taxes and complicated red tape leaves them unable to compete with the state’s thriving …

North Bay Credit Union says it’s serving cannabis customers

North Bay Business Journal
About a month after California declared a much-sought-after public bank for the cannabis industry too risky, North Bay Credit Union of Santa …

LA Property Owners That Lease To Unlicensed Cannabis Businesses May Soon Pay The Price

Building owners who rent out their property to the hundreds of unlicensed cannabis businesses in the city of Los Angeles might soon face fines of …

Los Angeles Times
A Hollywood physician could lose his medical license after recommending that a father give his 4-year-old son marijuana cookies to control temper tantrums, according to California’s medical board…

Woman burned after an explosion at a rural marijuana grow site

MOUNTAIN RANCH — A woman is being treated at a trauma center following an explosion at a rural marijuana grow site that left her with unspecified …

A California marijuana company is spinning off its hemp and CBD business and talking to bankers …

Vertical, a California-based cannabis company, is spinning off its hemp and CBD business into a standalone entity so it can go public on a major US …

Canadian News

SQDC claims to capture 35% of cannabis sales in the country

Lapresse 
Despite the scarcity of marijuana that made its debut chaotic, the Quebec Cannabis Society (SQDC) claims to have captured 35% of cannabis volumes available on the Canadian legal market…

Ontario Cannabis Store offers opportunities for delivery, insurance firms

Marijuana Business Daily
The Ontario Cannabis Store (OCS) is looking to expand its network of partners, including for same-day deliveries and risk management …

Bogged down by skyrocketing medical cannabis bills? This cannabis company is developing a …

Ontario-based Oriol Rhodes has over 30 years of experience in the healthcare industry, but it’s only recently that she has ventured into an uncharted …

Region is all in for cannabis

The Recorder & Times
The 10 municipalities that make up the United Counties of Leeds and Grenville and the separate communities of Brockville, Prescott and Gananoque have opted to allow cannabis stores on their territory, …

Science News

Canadian Rheumatology Association: Medical cannabis not a …

Healio
Medical cannabis is not an alternative to standard of care for any rheumatic disease, and rheumatologists must exhaust all current treatment …

Legal Medical Marijuana Associated With Lower Opioid Use Rates, Another Study Finds

Marijuana Moment
Legal access to medical marijuana is associated with lower rates of moderate and high-risk opioid use, according to a recent study—the latest in a string of research to come to the same conclusion…

Cannabis Suppositories Are a New Doctor-Approved Trend in Medical Marijuana

… chronic pain, or epilepsy, but doctors and the marijuana industry are increasingly advocating for cannabis extract suppositories. After all, despite the …