Cannabis law

Innovative Industrial Properties Acquires Illinois Property and Expands Real Estate Partnership with 4Front Ventures Corp.

Retrieved on: 
Tuesday, August 3, 2021
Retail, Communications, Other Construction & Property, Tobacco, Commercial Building & Real Estate, Construction & Property, REIT, Cannabis, Cannabis law, Drug control law, Psychoactive drugs, Real estate investment trust, Legality of cannabis, Medical specialties

4Front intends to operate the property upon completion of construction as a licensed cannabis cultivation and processing facility.

Key Points: 
  • 4Front intends to operate the property upon completion of construction as a licensed cannabis cultivation and processing facility.
  • We are thrilled to expand our long-term real estate partnership with 4Front with this new ground-up development project in Illinois, said Paul Smithers, President and Chief Executive Officer of IIP.
  • Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities.
  • Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

Established North American technology company, Push Operations, expands into the cannabis industry as KayaPush

Retrieved on: 
Thursday, July 29, 2021
Herbalism, Medicinal plants, Health sciences, Medicine, Clinical medicine, Cannabis, Cannabis law, Drug control law, Cannabis industry, Medical cannabis, Legality of cannabis

As Push has continued to expand its geographical and industry reach, so have many of its clients.

Key Points: 
  • As Push has continued to expand its geographical and industry reach, so have many of its clients.
  • Recent regulatory changes in the cannabis industry have been a catalyst for new business opportunities, prompting many Push clients to explore this growing sector.
  • The new brand, KayaPush , is a tailored solution, helping cannabis dispensary owners overcome common technical and industry hurdles by simplifying payroll , HR , and workforce management.
  • In an industry as regulated as cannabis, KayaPush is the solution that helps cannabis dispensary owners overcome common technical and industry hurdles.

Flora Growth Executes International Sales Agreement to Enter Australian Medical Cannabis and Over-The-Counter CBD Market

Retrieved on: 
Thursday, July 29, 2021
Alternative medicine, Health, Other Health, Herbalism, Medicinal plants, Health sciences, Medicine, Drug control law, Branches of biology, Cannabis, Cannabis law, Legality of cannabis, Medical cannabis, Cannabis in Illinois

The Company expects to ship its medical-grade cannabis products upon completion of its first commercial harvest and obtaining necessary export licenses.

Key Points: 
  • The Company expects to ship its medical-grade cannabis products upon completion of its first commercial harvest and obtaining necessary export licenses.
  • Data firm, FreshLeaf Analytics, forecasts the Australian medical cannabis market to surpass AU$200 million in 2021 and notes strong patient growth metrics by a factor of 15x over the past two years.
  • Furthermore, Prohibition Partners estimates that the Australian medical cannabis market could reach US$1.5 billion by 2025.
  • Evergreen works with patients and healthcare practitioners, primarily physicians and pharmacists, to provide medical cannabis products and to educate about the authorization and use of medical cannabis.

Georgia Awards Medical Cannabis License to Natures GA, LLC

Retrieved on: 
Tuesday, July 27, 2021
Entheogens, Cannabis, Psychoactive drugs, Cannabis law, Drug control law, Legality of cannabis, Drug culture

DUBLIN, Ga., July 27, 2021 /PRNewswire/ --Nature's GA, LLC, which is operated by Nature's Medicines, announced today that on July 24, 2021, the Georgia Access to Medical Cannabis Commission announced its decision to award a Class 2 Low-THC Oil Production License to the company.

Key Points: 
  • DUBLIN, Ga., July 27, 2021 /PRNewswire/ --Nature's GA, LLC, which is operated by Nature's Medicines, announced today that on July 24, 2021, the Georgia Access to Medical Cannabis Commission announced its decision to award a Class 2 Low-THC Oil Production License to the company.
  • "We want to thank the Georgia Access to Medical Cannabis Commission for its hard work, particularly given the many challenges the COVID pandemic presented," stated Jigar Patel, President and CEO ofNature's Medicines.
  • "We are honored to have been awarded this license as a result of a very competitive process.
  • Nature's Medicines is headquartered in Phoenix, Arizona and believes in the restorative power of cannabis.

Trulieve Announces Production License Approval in Georgia, Expands Southeast Hub

Retrieved on: 
Monday, July 26, 2021
Cannabis, Psychoactive drugs, Cannabis law, Drug control law, Legality of cannabis, Cannabis in Canada, Cannabis in Australia

(CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced that the Georgia Access to Medical Cannabis Commission announced its intent to award Trulieve a Class 1 production license.

Key Points: 
  • (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced that the Georgia Access to Medical Cannabis Commission announced its intent to award Trulieve a Class 1 production license.
  • This license will further solidify Trulieve's presence in the Southeastern United States and introduce its premium products in Georgia's nascent medical cannabis market.
  • "We are thrilled by the Georgia Access to Medical Cannabis Commission announcement of its intent to award Trulieve one of two Class 1 production licenses in the State of Georgia.
  • This will expand our Southeast operations hub to our neighboring state, and we are excited to bring the benefits of Trulieve cannabis products to Georgia patients," said Kim Rivers, CEO of Trulieve.

Three San Franciscan Cousins Open Park Merced’s Only Dispensary with Social Equity Partner License

Retrieved on: 
Monday, July 19, 2021
Alternative medicine, Health, Retail, Tobacco, Specialty, Articles, Cannabis, Cannabis law, Drug control law, Psychoactive drugs, Legality of cannabis, Institutional racism

Cousins Eric Grayson, Keena Middelton, and Charles Toney II have launched Flight , Park Merceds only state licensed dispensary, in partnership with Shryne Group .

Key Points: 
  • Cousins Eric Grayson, Keena Middelton, and Charles Toney II have launched Flight , Park Merceds only state licensed dispensary, in partnership with Shryne Group .
  • While Charles Toney II was the individual granted a license under San Francisco's Social Equity program, the three cousins share ownership in the store in the true spirit of family.
  • All three men meet the SF Social Equity Program criteria and all have backgrounds in cannabis, including medical business and cultivation.
  • The Social Equity Program is particularly relevant during an era when so many are seeking ways to address the effects of systemic racism.

Eve & Co. Announces Medical Cannabis Supply & Purchase Agreement With Cannamedical Pharma GmbH

Retrieved on: 
Monday, July 19, 2021
Herbalism, Medicinal plants, Health sciences, Medicine, Clinical medicine, Drug control law, Cannabis, Cannabis law, Legality of cannabis, Medical cannabis

STRATHROY, Ontario, July 19, 2021 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (Eve & Co, we, us or the Company) (TSX-V: EVE; OTCQX: EEVVF), is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd. (NMC) has successfully entered into a Medical Cannabis Supply and Purchase Agreement (the Agreement) with Cannamedical Pharma GmbH (CM), an import / export and distribution company of para-pharmaceutical, medicinal and narcotic products headquartered in Cologne, Germany.

Key Points: 
  • STRATHROY, Ontario, July 19, 2021 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (Eve & Co, we, us or the Company) (TSX-V: EVE; OTCQX: EEVVF), is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd. (NMC) has successfully entered into a Medical Cannabis Supply and Purchase Agreement (the Agreement) with Cannamedical Pharma GmbH (CM), an import / export and distribution company of para-pharmaceutical, medicinal and narcotic products headquartered in Cologne, Germany.
  • Pursuant to the Agreement, NMC will export medical graded dried cannabis flower to CM and CM will distribute medical graded cannabis products in Germany.
  • CM specializes in the import and distribution of medicinal cannabis to pharmacies and clinical facilities in the European Union (the EU).
  • We are very pleased to be able to work with one of the leading medical cannabis wholesalers in the EU for the potential supply of up to approximately $7M of cannabis product over the next two years.

Cultivators at Trade Roots have chosen Revolution Micro's LED technology for their premiere craft cannabis facility

Retrieved on: 
Wednesday, July 7, 2021
Medicinal plants, Health sciences, Herbalism, Entheogens, Euphoriants, Pharmaceutical sciences, Medicine, Cannabis law, Cannabis, Medical cannabis, Legality of cannabis, Dispensary

Carl Giannone, co-founder of Trade Roots, is striving to create an entirely new experience for cannabis enthusiasts who visit the Massachusetts dispensary.

Key Points: 
  • Carl Giannone, co-founder of Trade Roots, is striving to create an entirely new experience for cannabis enthusiasts who visit the Massachusetts dispensary.
  • In addition to a beautiful atmosphere, the company is also striving to produce eco-friendly, high quality cannabis.
  • Co-founder Jesse Pitts defined craft as "doing all the right things, even if no one will see it."
  • With an opening anticipated in the fall, the Trade Roots dispensary is ready to sell cannabis that drives innovation, and supports the environment and local community.

Item 9 Labs' Cannabis Franchise Opens First Dispensary, with More than Two Dozen Additional Shops in Development

Retrieved on: 
Wednesday, July 7, 2021
Herbalism, Medicinal plants, Health sciences, Psychoactive drugs, Medicine, Cannabis culture, Cannabis, Cannabis law, Cannabis shop, Legality of cannabis, Medical cannabis

In addition, the Company has launched a corporate acquisition expansion plan to ease market entrance for new and existing franchise partners.

Key Points: 
  • In addition, the Company has launched a corporate acquisition expansion plan to ease market entrance for new and existing franchise partners.
  • Shop in Boulder, Colorado
    The Boulder franchised cannabis shop is locally owned and operated by father-son team Bruce and Nate Wetzel.
  • offers the safest route for cannabis entrepreneurs interested in staking their claim in an industry that's bursting with potential.
  • The cannabis dispensary franchise is actively seeking qualified franchise partners interested in developing the brand in states where cannabis is legal for adult-use or medicinal consumption.

NewLake Capital Partners Expands Real Estate Partnership and Closes on Cultivation and Processing Facility with The Mint in Arizona

Retrieved on: 
Wednesday, July 7, 2021
Cannabis, Cannabis law, Drug control law, Psychoactive drugs, Legality of cannabis, Leaseback, Articles

NEW CANAAN, Conn., July 07, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (NewLake), a leading provider of real estate capital to state-licensed cannabis operators, today announced the acquisition of a parcel of land for the construction of a 130,757-square-foot cultivation and processing facility in Phoenix, Arizona.

Key Points: 
  • NEW CANAAN, Conn., July 07, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (NewLake), a leading provider of real estate capital to state-licensed cannabis operators, today announced the acquisition of a parcel of land for the construction of a 130,757-square-foot cultivation and processing facility in Phoenix, Arizona.
  • Concurrent with the closing of the acquisition, NewLake entered into a long-term, triple-net lease agreement with The Mint, a vertically integrated multi-state cannabis operator based in Tempe, Arizona, which intends to operate the property as a licensed cultivation and processing facility.
  • NewLake is a leading provider of real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases, as well as funding for build-to-suit projects.
  • NewLake has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.