Fluence Enters Exclusive Agreement to Provide LED Solutions for AgMedica’s Licensed Medical Cannabis Facility

AUSTIN, Texas–(BUSINESS WIRE)–Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial crop production, announced today it will become the exclusive provider of LED lighting solutions for AgMedica BioScience Inc. (AgMedica), an Ontario-based licensed producer of cannabis for medicinal and adult-use consumers. AgMedica will deploy Fluence’s LED systems in its…

Global Cannabis Market Growth, Trends, and Forecast 2019-2024: Market Operates at B2C Level, and Market Sizing has Been Done at Consumer Level – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cannabis Market – Growth, Trends, and Forecast (2019 – 2024)” report has been added to ResearchAndMarkets.com’s offering. The cannabis market was valued at USD 14.5 billion in 2018, and it is projected to reach 89.1 billion by 2024, with a CAGR of 37% during the forecast period. The drivers identified in the market…

Functional Remedies’ EndoSport Brand Ambassador, Scott McCarron, Ranked First in Schwab Cup Money

DENVER–(BUSINESS WIRE)–Functional Remedies, the premier vertically-integrated hemp oil company, congratulates Scott McCarron, its official ambassador for its EndoSport product line, on his number one Schwab Cup Money rank position with over $1.7 million in winnings. McCarron has placed first in three tournaments in the 2019 season, including the Mastercard Japan Championship, Insperity Invitational and Mitsubishi…

Calgary-based Botaneco™ Inc. is the First to Receive Co-investment from Protein Industries Canada

CALGARY, Alberta–(BUSINESS WIRE)–On Wed., June 26, 2019, Protein Industries Canada announced that Calgary-based Botaneco Inc. is the first company to receive co-investment from the industry-led consortia that’s co-investing in Canadian innovation projects. A total of $8 million, comprised of $4 million of co-investment from Protein Industries Canada and $4 million from industry, will be invested…

Nutiva Honors Nourishing Superfood Coconut on Inaugural National Coconut Day

RICHMOND, Calif.–(BUSINESS WIRE)–Today marks the inaugural National Coconut Day and Nutiva, the pioneer of organic coconut foods including coconut oil, Coconut Manna™, sugar, flour and more, is joining the celebration to honor the world’s most nourishing superfood. Established by the Coconut Coalition of the Americas (CCA), National Coconut Day aims to celebrate all things coconut…

Global Market Spotlight, 2019: Fragile X Syndrome – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Market Spotlight: Fragile X Syndrome” report has been added to ResearchAndMarkets.com’s offering. This Market Spotlight report covers the Fragile X Syndrome market, comprising key pipeline drugs, clinical trials, upcoming events, patent information, recent events and analyst opinion, a discussion on disease epidemiology, and licensing and asset acquisition deals. Key Takeaways Based on cohorts…

The Evergreen Market Hits the Max Allowed Washington Cannabis Retail Locations with Bellevue Acquisition

BELLEVUE, Wash.–(BUSINESS WIRE)–The Eastside is being painted evergreen as cannabis retailer The Evergreen Market takes over the former Belmar location at 638 116th Avenue NE in Bellevue. With the torch being passed to retail titan The Evergreen Market, Bellevue cannabis customers will be able to pick up right where they left off, even using the…

Green Gorilla Acquires 1,500+ Acres of Organic Farmland Continuing Its Vertical Integration of Seed to Shelf USDA Certified Organic CBD Products

MALIBU, Calif.–(BUSINESS WIRE)–Green Gorilla™, a leading manufacturer and brand of cannabidiol (CBD) products, has acquired two farms totaling 1,510 acres of organic farmland through its Gorilla FarmCo™ subsidiary. The farms will be used for planting, growing and harvesting organic hemp that will be used in Green Gorilla™ CBD products, offering consumers a “seed to shelf”…

Turning Point Brands Receives Conditional Approval for Kentucky Hemp Processing

LOUISVILLE, Ky.–(BUSINESS WIRE)–Turning Point Brands (NYSE:TPB), a Kentucky-based industry leading marketer of Other Tobacco Products (OTP) and adult consumer alternatives, announces it has received conditional approval from the Kentucky Department of Agriculture to participate in the Industrial Hemp Research Pilot Program and has been awarded a Processor/Handler License. Graham Purdy, President of TPB subsidiary Nu-X…

Cresco Labs Updates Illinois Expansion Plan to Serve Adult Use Cannabis Market

CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today provided an update on its Illinois operations following Governor JB Pritzker’s signing into law of the legalization of adult-use cannabis in Illinois beginning on January 1, 2020. “The…

Illinois Governor Signs Landmark Cannabis Legalization; MedMen Well-Positioned to Serve Market

LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) applauds Illinois Governor J.B. Pritzker’s enactment of adult use cannabis legalization. Governor Pritzker’s bold action sets a new standard for legalization efforts at the state level. The legislation calls for sweeping criminal justice reforms, with over 770,000 cannabis-related cases eligible for expungement…