Cannabis

North America Hemp-derived Cannabidiol (CBD) Markets to 2027 - Increasing Use of CBD-infused Products in Personal Care & Cosmetics, Along with Other Products

Thursday, January 21, 2021 - 4:15pm

The North America hemp-derived cannabidiol market size is expected to reach USD 16.1 billion by 2027.

Key Points: 
  • The North America hemp-derived cannabidiol market size is expected to reach USD 16.1 billion by 2027.
  • The liberalization of laws related to hemp cultivation by North America countries is further increasing its adoption.
  • The personal care and cosmetics segment dominated the market in 2019, owing to the growing application of hemp-derived CBD in various personal care and cosmetic products.
  • Chapter 3 North America Hemp-derived Cannabidiol (CBD) Market Variables, Trends & Scope
    3.3.1.2 Increasing use of CBD-infused products in personal care & cosmetics, along with other products

Hollister Biosciences Inc. Announces an Increase in Private Placement to $6.5 Million

Thursday, January 21, 2021 - 4:49pm

Each Special Warrant shall be automatically exercisable into units of the Company (the Units), as described below.

Key Points: 
  • Each Special Warrant shall be automatically exercisable into units of the Company (the Units), as described below.
  • Hollister Biosciences Inc. is a multi-state cannabis company with a vision to be the sought-after premium brand portfolio of innovative, high-quality cannabis & hemp products.
  • Hollister uses a high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf.
  • Our wholly-owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the "American Biker".

Karim Mayfield, Professional Boxer, Becomes San Francisco’s Newest Cannabis Dispensary Owner

Thursday, January 21, 2021 - 4:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210121005270/en/
    Pro Boxer Karim Mayfield opens his Authentic 415 cannabis dispensary in the Potrero Hill district of San Francisco on January 23rd, 2021.
  • (Photo: Business Wire)
    Now, hell own a cannabis dispensary in San Francisco.
  • Mayfields opportunity to own a cannabis dispensary came through San Franciscos Cannabis Equity Program.
  • Authentic 415 will carry a curated collection of cannabis products from cannabis brands including Elyon, Ball Family Farms, STIIIZY and more.

Auxly Announces Upsized Bought-Deal Public Offering to $17.5 Million

Thursday, January 21, 2021 - 2:48pm

Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.46 at any time up to 36 months from closing of the Offering.

Key Points: 
  • Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.46 at any time up to 36 months from closing of the Offering.
  • The net proceeds from the Offering will be used for working capital and general corporate purposes.
  • About Auxly Cannabis Group Inc. (TSX.V: XLY)
    Auxly is an international cannabis company dedicated to bringing innovative, effective, and high-quality cannabis products to the medical, wellness and adult-use markets.
  • Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup;Instagram: @auxlygroup;Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.

High Life Farms Launches New, Limited-Edition Release of Its Award-Winning Cannabis-Infused "Royal Chocolate Bar" Just in Time for Valentine's Day

Thursday, January 21, 2021 - 2:00pm

HLF's Royal Chocolate Bar Red Velvet marries decadentmilk chocolate, rich red velvet and 100mg of THC in 20, five milligram pieces, creating the perfect, shareable treat for Valentine's Day.

Key Points: 
  • HLF's Royal Chocolate Bar Red Velvet marries decadentmilk chocolate, rich red velvet and 100mg of THC in 20, five milligram pieces, creating the perfect, shareable treat for Valentine's Day.
  • Starting on Tuesday, January 19th, Michigan cannabis consumers can purchase HLF's new variety of its Royal Chocolate Bar at dispensaries across the Wolverine State.
  • "With a record number of people turning to both comfort foods and cannabis during the ongoing pandemic, we've seen unprecedented consumer demand for our infused Royal Chocolate Bar," said High Life Farms Co-founder Ben Celani.
  • High Life Farms' best-in-class portfolio includes cultivation, manufacturing, distribution, in-house brands, brand partnerships, white labeling solutions and ownership stakes in numerous dispensaries.

FlowerHire Presents the CareersinCannabis.com Virtual Talent Conference on January 28th

Thursday, January 21, 2021 - 2:00pm

LOS ANGELES, Jan. 21, 2021 /PRNewswire/ -- FlowerHire , the leading staffing and talent strategy firm serving the regulated cannabis industry, announced today the launch of its new platform, CareersinCannabis.com .

Key Points: 
  • LOS ANGELES, Jan. 21, 2021 /PRNewswire/ -- FlowerHire , the leading staffing and talent strategy firm serving the regulated cannabis industry, announced today the launch of its new platform, CareersinCannabis.com .
  • The specialized career portal equips both companies and job candidates with the tools and insights necessary to build a robust, quality workforce.
  • The service officially launches at the inaugural Careers in Cannabis virtual talent conference on January 28.
  • The website launches in conjunction with the Careers in Cannabis Virtual Talent Conference, focusing on the opportunities and challenges faced by executives and HR leaders in the fastest growing industry in the country.

Catering to Local Patients & Customers, Teebz LLC Launches Brand-New Provisioning Center in Adrian, Michigan

Thursday, January 21, 2021 - 1:38pm

The three partners laid the foundation of an amazing upstart company called Teebz LLC in 2019.

Key Points: 
  • The three partners laid the foundation of an amazing upstart company called Teebz LLC in 2019.
  • Teebz vows to cater to medical patients, cannabis connoisseurs & the "cannacurious" alike from the local Adrian & Toledo Ohio areas.
  • Teebz LLC is a locally owned, fully licensed medical and recreational cannabis dispensary.
  • The team at Teebz is growing and delivering evidence-based guidance on the therapeutic benefits of cannabinoids.

Pure Harvest Hemp Names Amanda Bowman Chief Executive Officer

Thursday, January 21, 2021 - 2:00pm

DENVER, CO, Jan. 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pure Harvest Corporate Group, Inc. (OTC: PHCG), a publicly traded holding company focused on emerging and high-growth industries, is pleased to announce that Amanda Bowman has been named Chief Executive Officer of Pure Harvest Hemp, a wholly owned subsidiary of the Company.

Key Points: 
  • DENVER, CO, Jan. 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Pure Harvest Corporate Group, Inc. (OTC: PHCG), a publicly traded holding company focused on emerging and high-growth industries, is pleased to announce that Amanda Bowman has been named Chief Executive Officer of Pure Harvest Hemp, a wholly owned subsidiary of the Company.
  • Bowman brings to Pure Harvest a stellar resume complete with significant expertise and successes in the cannabis industry.
  • Amanda is the ideal combination of innovation, experience and compliance to run this extremely important, rapidly expanding division of Pure Harvest, stated Matthew Gregarek, CEO, Pure Harvest Corporate Group.
  • I am truly honored to accept the role of CEO at Pure Harvest Hemp, said Bowman We have already accomplished many incredible things and I can hardly contain my excitement for what's to come.

American Cannabis Company, Inc. Announces Execution of Non-Binding Letter of Intent for Strategic Acquisition of a 60,000-sq.-ft. Cannabis Cultivation and Extraction Operation in Denver, Colorado

Thursday, January 21, 2021 - 1:30pm

Assets are to include one cultivation operation and one hydrocarbon extraction laboratory and production center.

Key Points: 
  • Assets are to include one cultivation operation and one hydrocarbon extraction laboratory and production center.
  • Since 2009, the Good Meds brand has cultivated and provided top-tier cannabis flower products to medical patients and recreational consumers in Colorado.
  • Terry Buffalo, Chief Executive Officer and Chief Financial Officer of American Cannabis Company, commented, This is another strategic move for ACC.
  • American Cannabis Company, Inc. offers end-to-end solutions to existing and aspiring participants in the cannabis and hemp industries.

CCSA and Health Canada Invest $1.8 Million in Cannabis Research Projects

Thursday, January 21, 2021 - 2:00pm

The Canadian Centre on Substance Use and Addiction (CCSA) is investing $1.8 million dollars in research on non-therapeutic cannabis and the impacts of its legalization on public health and safety throughout the country.

Key Points: 
  • The Canadian Centre on Substance Use and Addiction (CCSA) is investing $1.8 million dollars in research on non-therapeutic cannabis and the impacts of its legalization on public health and safety throughout the country.
  • Through financial support from Health Canada, CCSA is funding 19 projects on subjects ranging from cannabis legalization and mental health to a comparison of legal versus illicit cannabis sales.
  • The Mental Health Commission of Canada is contributing $100,000 to support awarded projects with a mental health focus for a combined research investment of $1.8 million.
  • As part of this initiative, CCSA created the Canadian Cannabis Research Database , an online tool capturing current and ongoing cannabis research activities in Canada.