News

LONDON–(BUSINESS WIRE)–The global biodegradable medical plastics market is expected to post a CAGR of more than 11% during the period 2019-2023, according to the latest market research report by Technavio. A key factor driving the growth of the global biodegradable medical plastics market size is the increasing preference for sustainable products. Hospitals and healthcare centers…

More Than Half of Arthritis Patients Have Tried Medical Marijuana or CBD Products

UPPER NYACK, N.Y.–(BUSINESS WIRE)–On June 13, CreakyJoints®, a Global Healthy Living Foundation patient community, will present a poster at the Annual European Congress of Rheumatology (EULAR 2019) meeting in Madrid, Spain. Two additional abstracts were accepted for publication. The poster titled, “Patients’ Perceptions and Use of Medical Marijuana,” found that more than half (57.3%) of…

Diamond CBD Helps Meghan Markle’s Brother Thomas “The Duke” Markle to a Win at Celebrity Boxing Match

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD, Inc. (“Diamond”) aided famed celebrity boxer Thomas “The Duke” Markle in his training regimen for his first-ever celebrity bout on Saturday, providing the newly-crowned champion with several of their CBD oils, gummies, and creams that he claims helped…

Cresco Labs Announces Opening of VidaCann Dispensaries in Pensacola and Jacksonville

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 announced the opening of new VidaCann medical cannabis dispensaries in the cities of Pensacola and Jacksonville, Florida. With the opening of the new dispensaries, VidaCann now has 12…

POSaBIT Expands into Arizona Cannabis Market

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company delivering unique blockchain-enabled payment processing and point-of-sale (POS) systems for cash-only businesses with a focus on the cannabis industry, has begun implementing its services in Arizona’s cannabis sector, with an initial focus on cannabidiol (CBD). Over just two years, the company has managed millions…

Leading Cannabis Infused-Products Brand Coda Signature Raises $24.4M in Series A Funding to Bolster Expansion

OAKLAND, Calif.–(BUSINESS WIRE)–Altum Investments, parent company of The Grow Foundry California (d/b/a Coda Signature California), announced today that it has closed a $24.4 million round of Series A funding. The funds will be used to accelerate expansion into emerging North American markets for Coda Signature-branded premium cannabis-infused edibles, topicals and concentrates. Proceeds from the raise…

FSD Pharma Adds Biotech/LifeSciences Industry veteran James A. Datin and Robert J. Ciaruffoli, Former Chairman & CEO of Parente Beard/Baker Tilly to Board of Directors

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD” or the “Company”), today announced the appointment of James A. Datin and Robert J. Ciaruffoli, CPA to the Company’s Board of Directors. “It is an honor to welcome Jim Datin and Bob Ciaruffoli to the FSD Pharma Board of Directors,” said Dr. Raza Bokhari, Executive Co-Chairman and CEO. “The experience and expertise they both bring as c-level entrepreneurial executives, leaders and board…

ROTH Capital Partners to Host 5th Annual ROTH London Conference on June 17- 19, 2019 in London, UK

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–ROTH Capital Partners (ROTH), www.roth.com, a full service investment bank focused on serving emerging growth companies and their investors, today announced that it will host its ROTH London Conference June 17-19, 2019 at the InterContinental London Park Lane, U.K. ROTH’s two day event will give investors extensive interaction through one-on-one/small group meetings…

Cresco Labs Provides Update on Origin House Acquisition

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 acquisition (the “Transaction”) of CannaRoyalty Corp. d/b/a Origin House (“Origin House” – CSE: OH, OTCQX: ORHOF). Under the United States Hart-Scott-Rodino Antitrust Improvements…

Zylö Therapeutics Receives SC Launch, Inc. Investment

SUMMERVILLE, S.C.–(BUSINESS WIRE)–SCRA announces a $200,000 SC Launch, Inc. investment in Zylö Therapeutics. The life sciences company, located in Greenville, was accepted into SCRA’s entrepreneurial program, SC Launch, in June 2018. The SC Launch, Inc. investment was part of the company’s Series A raise that also includes an investment from the lead investor, VentureSouth, an…

NIC Inc. to Provide its Licensing Solution for the State of West Virginia’s Medical Cannabis Program

CHARLESTON, W. Va.–(BUSINESS WIRE)–NIC Inc. (Nasdaq: EGOV), the nation’s leader of innovative digital government solutions, will provide its Licensing and Registration platform for the state of West Virginia. Charleston-based West Virginia Interactive, LLC, an NIC company, will partner with the West Virginia Department of Health and Human Resources, Bureau for Public Health (DHHR-BPH) to provide…

Leafbuyer Technologies, Inc. Launches Innovative Advertising Solution for CBD Companies

DENVER–(BUSINESS WIRE)–Leafbuyer Technologies, Inc. (OTCQB: LBUY) (“Leafbuyer” or “the Company”), a leading cannabis technology platform, today announced additional enhancements to its recently upgraded website. The Company launched a CBD locations page to connect CBD retailers with consumers. This development provides Leafbuyer’s CBD clients direct, digital access to the millions of cannabis consumers the Leafbuyer Total…