News

Brazil’s Legalization of Medical Cannabis Opens up New Market Opportunity for Terrace Global

December 4, 2019

TORONTO–(BUSINESS WIRE)–Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV:TRCE), a multi-country operator focused on the development and acquisitions of international cannabis assets, believes it is well-positioned to capitalize on this week’s announcement, by Brazil’s National Agency for Health Surveillance (“Anvisa”), approving the importation and sale of medical cannabis while, at the same time prohibiting…

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2019 Consumer and Finance Research Review – ResearchAndMarkets.com

December 4, 2019

DUBLIN–(BUSINESS WIRE)–The “2019 Consumer and Finance Research Review” report has been added to ResearchAndMarkets.com’s offering. In consumer and finance sectors, technology of Artificial intelligence (AI) is expected to have the potential to be among one of the most developed technologies. AI is increasing innovation in every sector, but it has major applications in the sectors…

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Vertosa Raises $6 Million in Series Seed Funding Round

December 4, 2019

OAKLAND, Calif.–(BUSINESS WIRE)–Vertosa, an innovative cannabis technology company providing customized emulsion systems for infused products, today announced it has closed a $6 million Series Seed Funding Round co-led by the California-based AFI Capital Partners and the New York-based Welcan Capital. Vertosa will use the new capital to continue to scale strategically, solidify their integral role…

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CB Therapeutics Achieves Major Breakthrough in the Biosynthesis of Psilocybin, Psilocin and Related Tryptamine-based Compounds

December 4, 2019

SAN DIEGO–(BUSINESS WIRE)–CB Therapeutics, Inc. has achieved the successful biosynthesis of psilocybin, psilocin and related tryptamine-based compounds typically found in plants and fungi and has filed a patent for the production process. In early testing, the analysis of raw analytical samples has shown the biosynthetic process to be significantly more efficient, of higher purity and…

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Germany Cannabis Vape Market Overview 2019 – ResearchAndMarkets.com

December 4, 2019

DUBLIN–(BUSINESS WIRE)–The “German Cannabis Vape market Overview” report has been added to ResearchAndMarkets.com’s offering. German medical cannabis industry has no registry of patients. Estimated number of medical cannabis consumers defined in range from 12,000 to as high as 60,000. No domestic cultivation currently takes place in Germany, and the first German harvest is not expected…

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Sweet Flower Appoints Industry Veteran Kiana Anvaripour as Chief Marketing Officer

December 4, 2019

CULVER CITY, Calif.–(BUSINESS WIRE)–Following sustained success throughout 2019 and recent expansion, Sweet Flower—the fastest growing cannabis lifestyle brand committed to modernizing the cannabis customer experience—appoints Kiana Anvaripour as Chief Marketing Officer, as announced today. Noted for her industry vision at Beboe Brands as CMO, she now brings a diverse global background, which spans not only…

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Fluence’s “State of Cannabis Lighting Market” Report Reveals Double-Digit Growth in LED Lighting Use

December 4, 2019

AUSTIN, Texas–(BUSINESS WIRE)–Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and agriculture production, today released findings from its fourth annual “State of the Cannabis Lighting Market” report conducted in partnership with Cannabis Business Times, whose mission is to accelerate the success of legal cannabis cultivators. The report—based…

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Home Treasure Finders, Inc. Announces Name and Ticker Symbol Change to Generation Hemp, Inc. (OTCPK: GENH)

December 4, 2019

DENVER–(BUSINESS WIRE)–Home Treasure Finders, Inc, announced today that it has officially changed its name to Generation Hemp, Inc., an emerging growth company in the Hemp sector. Generation Hemp currently owns industrial warehouse space located in Denver, Colorado that it leases to Hemp seed growers. Effective with the name change, the company’s ticker symbol will also…

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Ocean Grown Ventures Launches in U.S. Cannabis Market via Partnership with Panaxia Pharmaceutical

December 4, 2019

LOS ANGELES–(BUSINESS WIRE)–Ocean Grown Ventures (the “Company”), a science-focused cannabis company offering wellness solutions that meet pharmaceutical manufacturing standards, today announced a strategic partnership with global medical cannabis leader Panaxia Pharmaceutical Industries (“Panaxia”) to supply the highest quality cannabis-derived products to the U.S. market. The agreement grants Ocean Grown Ventures exclusive rights to manufacture and…

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Organigram Holdings Inc. Announces At-The-Market Equity Program

December 4, 2019

MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Corporation”) (TSX: OGI) (NASDAQ: OGI) announced today that it has established an at-the-market equity program (the “ATM Program”) that allows the Corporation to issue up to C$55,000,000 (or its U.S. dollar equivalent) of common shares (“Common Shares”) from treasury to the public from time to time,…

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Clear Cannabis, Inc. Opens Private Round of Funding to Accredited Investors

December 4, 2019

DENVER–(BUSINESS WIRE)–Clear Cannabis, Inc. (CCI), a leading cannabis distribution and infrastructure company in legal marijuana states, announced it is opening a $10 million, private funding round for accredited investors on the website www.flashfunders.com/clear. “With support from our current investors, we believe we were able to elevate The Clear™ Concentrates brand to one of the most…

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Brother to Showcase ‘Seed to Sale’ Labeling Solutions at the MJBiz Con Global Cannabis Business Conference

December 4, 2019

WESTMINSTER, Colo.–(BUSINESS WIRE)–Brother Mobile Solutions, Inc. (BMS), a premier provider of mobile and desktop printers used in a wide range of industries including retail, manufacturing, supply chain as well as cannabis, will showcase its innovative ‘seed to sale’ labeling solutions for cannabis growers at the MJBiz Con Global Cannabis Business Conference, December 11-13 at the…

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