Cannabis in California

420Property.com Sees Surge in Demand for Cannabis Businesses and Property Due to 2020 Election and COVID-19

Retrieved on: 
Wednesday, August 19, 2020
Herbalism, Medicinal plants, Drugs in the United States, Medicine, Cannabis in the United States, Drug policy of the United States, Cannabis law, Cannabis, Legality of cannabis, Medical cannabis, Legal history of cannabis in the United States, Cannabis in California

The following states will be voting on cannabis laws: Arizona, Montana, New Jersey, and South Dakota are voting to legalize the recreational use of cannabis.

Key Points: 
  • The following states will be voting on cannabis laws: Arizona, Montana, New Jersey, and South Dakota are voting to legalize the recreational use of cannabis.
  • Mississippi, Nebraska, and South Dakota are voting to legalize the medical use of cannabis.
  • Many cannabis businesses have reported as much as a 30 percent surge in sales due to increased demand during the COVID-19 pandemic.
  • For these reasons, 420Property.com has seen a dramatic increase in demand for cannabis business licenses for sale and turnkey cannabis businesses for sale.

Medical Marijuana, Inc. Subsidiary Kannaway® Announces July 2020 as Best Month in Company History for Japanese Division

Retrieved on: 
Thursday, August 13, 2020
Drugs in the United States, Cannabis in California, Medical Marijuana, Inc., Drugs, Cannabis industry, Cannabis, Cannabis in Canada, Legal history of cannabis in Canada

SAN DIEGO, CA, Aug. 13, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Medical Marijuana, Inc. (OTC: MJNA) (the Company), the first-ever publicly traded cannabis company in the United States that launched the worlds first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Japanese division of its subsidiary Kannaway had its best month ever in Company history inJuly 2020.

Key Points: 
  • SAN DIEGO, CA, Aug. 13, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Medical Marijuana, Inc. (OTC: MJNA) (the Company), the first-ever publicly traded cannabis company in the United States that launched the worlds first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Japanese division of its subsidiary Kannaway had its best month ever in Company history inJuly 2020.
  • Kannaway is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products.
  • Medical Marijuana, Inc.s headquarters is in San Diego, California, and additional information is available at OTCMarkets.com or by visiting www.medicalmarijuanainc.com .
  • Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.

Medical Marijuana, Inc. Subsidiary Kannaway Sports Team Welcomes Former NHL and Network Marketing Veteran Mike Hartman

Retrieved on: 
Tuesday, August 11, 2020
Business, Articles, Cannabis in California, Medical Marijuana, Inc., Hemp, Sales, Economy

Mike Hartman has demonstrated the ability to generate successful results within multiple business and career paths, leveraging both athletic ability and business acumen, said Kannaway CEO Blake Schroeder.

Key Points: 
  • Mike Hartman has demonstrated the ability to generate successful results within multiple business and career paths, leveraging both athletic ability and business acumen, said Kannaway CEO Blake Schroeder.
  • To learn more about the Kannaway Sports division and other athletes who use Kannaway products, please visit https://kannaway.com/pages/sports,208.html .
  • Kannaway is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products.
  • Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.

MedMen Announces Addition to Board of Directors

Retrieved on: 
Tuesday, August 4, 2020
Alternative medicine, Retail, Health, Tobacco, Specialty, General Health, Cannabis, Cannabis in California, MedMen, OTC Markets Group, Cannabis classification in the United Kingdom, Advisory board, Mmen language, Drugs

MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQX: MMNFF) announces the appointment of Al Harrington to its board of directors (the Board).

Key Points: 
  • MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQX: MMNFF) announces the appointment of Al Harrington to its board of directors (the Board).
  • He also currently serves as an active member of the Minority Cannabis Business Association, the Cannabis Trade Federation and Tidal Royaltys Advisory Board.
  • We are pleased to welcome Mr. Harrington as a new independent director to MedMens Board, said Executive Chairman Ben Rose.
  • Im both excited and humbled to be welcomed onto the MedMen Board.

Open Book Extracts Enters South Africa Market with Strategic Distribution Partner, Strengthening Global Reach

Retrieved on: 
Friday, July 31, 2020
Entheogens, Euphoriants, Medicinal plants, Plants, California law, Cannabis in California, Cannabis

To serve a recently estimated $6.4 billion market opportunity for cannabis in South Africa, OBX was named a principal distribution partner of Peter Bodill Agencies (PTY) LTD of South Africa.

Key Points: 
  • To serve a recently estimated $6.4 billion market opportunity for cannabis in South Africa, OBX was named a principal distribution partner of Peter Bodill Agencies (PTY) LTD of South Africa.
  • OBX joins global commercial distribution partner, Prinova Nagase Group, in a short list of principals vetted and approved by Peter Bodill Agencies for South African distribution.
  • Quality, safety and reliability are essential in the burgeoning South Africa cannabis market, stated Peter Bodill, director of Peter Bodill Agencies LTD.
  • The caliber of the team and products from Open Book Extracts has exceeded our expectations.

MedMen Opens Coral Shores Location in Florida

Retrieved on: 
Thursday, July 30, 2020
Alternative medicine, Retail, Health, Tobacco, Specialty, General Health, Cannabis in California, MedMen, Cannabis

MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQB: MMNFF) is pleased to announce today the opening of its Coral Shores location near Fort Lauderdale, Florida.

Key Points: 
  • MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQB: MMNFF) is pleased to announce today the opening of its Coral Shores location near Fort Lauderdale, Florida.
  • MedMen Coral Shores is the Companys fifth operational location in the state.
  • MedMen Coral Shores is located at 2949 North Federal Highway, occupying 1,668 square feet of retail space.
  • View the full release here: https://www.businesswire.com/news/home/20200730005361/en/
    MedMen Coral Shares will offer a robust selection of high-quality products including house brands, MedMen, [statemade] and Luxlyte.

TerrAscend to Host 2020 Investor Day

Retrieved on: 
Friday, July 17, 2020
Medicinal plants, Health, Medicine, Herbalism, Cannabis smoking, Entheogens, Euphoriants, Cannabis, Medical cannabis, Effects of cannabis, Legality of cannabis, Cannabis in California

TerrAscend provides quality products, brands, and services to the global cannabinoid market.

Key Points: 
  • TerrAscend provides quality products, brands, and services to the global cannabinoid market.
  • TerrAscend was the first cannabis company with sales in the US, Canada, and Europe.
  • Additionally, TerrAscend holds a Medical Cannabis Processor License in the State of Utah.
  • The enforcement of federal laws in the United States is a significant risk to the business of TerrAscend and any proceedings brought against TerrAscend thereunder may adversely affect TerrAscend's operations and financial performance.

Terrascend to Host 2020 Investor Day

Retrieved on: 
Friday, July 17, 2020
Medicinal plants, Health, Medicine, Herbalism, Cannabis smoking, Entheogens, Euphoriants, Cannabis, Medical cannabis, Effects of cannabis, Legality of cannabis, Cannabis in California

TerrAscend provides quality products, brands, and services to the global cannabinoid market.

Key Points: 
  • TerrAscend provides quality products, brands, and services to the global cannabinoid market.
  • TerrAscend was the first cannabis company with sales in the US, Canada, and Europe.
  • Additionally, TerrAscend holds a Medical Cannabis Processor License in the State of Utah.
  • The enforcement of federal laws in the United States is a significant risk to the business of TerrAscend and any proceedings brought against TerrAscend thereunder may adversely affect TerrAscend's operations and financial performance.

MedMen Announces Lender and Landlord Support for Company Turnaround

Retrieved on: 
Friday, July 3, 2020
Professional services, Alternative medicine, Retail, Health, Tobacco, Finance, Cannabis in California, MedMen, Cannabis, Companies

Implementing our turnaround plan is the best way to ensure that MedMen continues on its path to building the leading cannabis retailer in the U.S., said MedMen Interim Chief Executive Officer Tom Lynch.

Key Points: 
  • Implementing our turnaround plan is the best way to ensure that MedMen continues on its path to building the leading cannabis retailer in the U.S., said MedMen Interim Chief Executive Officer Tom Lynch.
  • The PIK feature will expire if Section 280E tax reform occurs and the Company begins to be taxed similar to other U.S. corporations.
  • On July 2, 2020, the Company received US$10.0 million at signing of definitive documents for the sale of one of its retail licenses outside of California.
  • The Company is required to adhere to its Turnaround Plan for certain cash expenditures such as corporate expenses, capital expenditures and leases.

N.M. Begins Reciprocity for Medical Cannabis Patients Outside New Mexico

Retrieved on: 
Tuesday, June 30, 2020
Health, Articles, Medicine, Herbalism, Medicinal plants, Entheogens, Pharmaceuticals policy, Drug control law, Medical cannabis, Cannabis, Legality of cannabis, Cannabis in California

ALBUQUERQUE, N.M., June 30, 2020 (GLOBE NEWSWIRE) -- New Mexicos Medical Cannabis Program will officially begin allowing medical cannabis patients from out-of-state to possess and purchase medical cannabis while in New Mexico.

Key Points: 
  • ALBUQUERQUE, N.M., June 30, 2020 (GLOBE NEWSWIRE) -- New Mexicos Medical Cannabis Program will officially begin allowing medical cannabis patients from out-of-state to possess and purchase medical cannabis while in New Mexico.
  • Ultra Health, New Mexicos #1 Cannabis Company, will be providing medical cannabis for reciprocal participants on July 1, 2020.
  • Patients with proof of authorization from a medical cannabis program outside New Mexico, also known as reciprocal participants, may begin purchasing medical cannabis from New Mexico dispensaries on July 1, 2020, without paying any additional fee.
  • New Mexicos reciprocity legislation is the most patient-friendly and generous in the country, allowing medical cannabis patients with proof of authorization from any state, the District of Columbia, a territory or commonwealth of the U.S. or a New Mexico Indian nation, tribe, or pueblo to purchase medical cannabis while in New Mexico.