Legality of cannabis

Strive Wellness Receives Provisional Medical Cannabis License in Nevada

Retrieved on: 
Wednesday, April 18, 2018

The internationally recognized cannabis consultant plans to launch the Strive Wellness medical cannabis line in late 2018.

Key Points: 
  • The internationally recognized cannabis consultant plans to launch the Strive Wellness medical cannabis line in late 2018.
  • Strive Wellness will be located an hour from Las Vegas and five hours from Los Angeles and Phoenix.
  • With the recent announcement, Gullickson has now pivoted from providing ancillary cannabis business services to becoming an industry investor and COO of Strive Wellness of Nevada, LLC.
  • A cannabis industry entrepreneur since 2010, Gullickson astutely pursued a Nevada medical license versus a recreational permit.

New Global Cannabis Partnership to Create Responsible Cannabis Framework

Retrieved on: 
Wednesday, April 18, 2018

SAINT JOHN, NB, April 18, 2018 /PRNewswire/ - The Global Cannabis Partnership today announced it is developing a worldwide corporate social responsibility standard related to the production, marketing, sales, after-sales service and informed consumption of legal, adult-use recreational cannabis.

Key Points: 
  • SAINT JOHN, NB, April 18, 2018 /PRNewswire/ - The Global Cannabis Partnership today announced it is developing a worldwide corporate social responsibility standard related to the production, marketing, sales, after-sales service and informed consumption of legal, adult-use recreational cannabis.
  • "Our goal is to now establish a global corporate social responsibility standard for organizations that play a leading role in the legal adult-use recreational cannabis market," says Goodwin.
  • In 2018, the Global Cannabis Partnership is recruiting 15 founding members representing organizations from around the world, including government agencies charged with distribution, licensed cannabis producers, NGOs, research institutions and others.
  • Founding members of the Global Cannabis Partnership will be announced at the World Cannabis Congress.

West Coast Cannabis Tours Expands the California Cannabis Experience

Retrieved on: 
Wednesday, April 18, 2018

SAN DIEGO, April 18, 2018 /PRNewswire/ -- West Coast Cannabis Tours (WCCT) gives curious adults a peek into this budding industry.

Key Points: 
  • SAN DIEGO, April 18, 2018 /PRNewswire/ -- West Coast Cannabis Tours (WCCT) gives curious adults a peek into this budding industry.
  • WCCT began in 2017, offering tours of San Diego-area medical marijuana businesses to patients.
  • Todd Green, the company's owner, says his goal is to raise awareness of cannabis through fun and innovative activities and outings.
  • West Coast Cannabis Tours is the 1stlicensed and insured cannabis tourism company in Southern California, bringing a one-of-a-kind experience to our open-minded and fun-loving enthusiast.

BlackStar Financial President Presented at Cannabis Real Estate Investing Seminar at USC

Retrieved on: 
Wednesday, April 18, 2018

NEWPORT BEACH, Calif., April 18, 2018 /PRNewswire/ -- BlackStar Financial ( www.blackstarfinancial.com ), announced that company president and founder, Laurie Holcomb, presented at the USC Gould School of Law Real Estate Law and Business Forum .The event was held April 12, 2018 and featured some of the top real estate and investing professionals in the nation.

Key Points: 
  • NEWPORT BEACH, Calif., April 18, 2018 /PRNewswire/ -- BlackStar Financial ( www.blackstarfinancial.com ), announced that company president and founder, Laurie Holcomb, presented at the USC Gould School of Law Real Estate Law and Business Forum .The event was held April 12, 2018 and featured some of the top real estate and investing professionals in the nation.
  • Holcomb shared her expertise at the Cannabis Real Estate Investment and Development session, which presented an overview of the regulatory framework for legal cannabis production, manufacture and distribution; impacts on real estate in California; and investing opportunities in the burgeoning market.
  • Seminar attendees learned how seasoned real estate professionals are investing in the cannabis industry, and practical considerations for investors looking to reposition assets to benefit from what is forecasted to be a multi-billion dollar industry.
  • Holcomb recently developed Gold Flora Farms , a 28-acre fully licensed cannabis campus in Desert Hot Springs, which includes 620,000 sq.

Medical Benefits in Legal Cannabis Continues to Garner More Attention

Retrieved on: 
Wednesday, April 18, 2018

The report also specified that the growing demand for medical cannabis is due to the increasing ageing population.

Key Points: 
  • The report also specified that the growing demand for medical cannabis is due to the increasing ageing population.
  • Lack of stated federal government policy has had a significant restrictive effect on growth and investment within the cannabis marketplace.
  • The company has launched a products and brands page that will connect cannabis product manufacturers directly to the cannabis consumer.
  • These developments give cannabis product companies a novel, robust digital advertising platform to reach the hundreds of thousands of cannabis consumers.

Medical and Recreational Use of Cannabis is Projected to Grow

Retrieved on: 
Wednesday, April 18, 2018

Troy Dayton, CEO of The Arcview Group explained, "The economic excitement around the legal cannabis industry is no longer just theory.

Key Points: 
  • Troy Dayton, CEO of The Arcview Group explained, "The economic excitement around the legal cannabis industry is no longer just theory.
  • Phoenicians' main products are medical grade grinders for consumers and soon to launch a grinder for commercial use.
  • The founders will stay on board through the acquisition and continue to grow the company with SinglePoint.
  • American Cannabis Company, Inc. (OTCQB: AMMJ) offers end-to-end solutions to existing and aspiring participants in the cannabis industry.

Cannabis Point-of-Sale and Compliance Platform Green Bits Raises $17 Million in Series A Round

Retrieved on: 
Wednesday, April 18, 2018

This new round brings Green Bits' total outside funding to $19.3 million, demonstrating its continued adoption and growth within the rapidly expanding legal cannabis industry.

Key Points: 
  • This new round brings Green Bits' total outside funding to $19.3 million, demonstrating its continued adoption and growth within the rapidly expanding legal cannabis industry.
  • In the last year alone, Green Bits expanded into seven new states as more and more states adopt frameworks for the regulated sales and consumption of cannabis.
  • This round brings tremendous validation not only to Green Bits but also to the cannabis industry," said Casa Verde Capital's Managing Partner, Karan Wadhera.
  • Green Bits ( www.greenbits.com ) is the nation's leading retail management and automated compliance platform built to help legal cannabis retailers grow their businesses.

Medical Marijuana, Inc. Reports Fourth Quarter and Year End 2017 Financial Results and Operational Highlights - Annual Revenue Increased 230% Over 2016

Retrieved on: 
Wednesday, April 18, 2018

Additionally, Medical Marijuana, Inc. subsidiary Kannaway experienced significant growth with 2017 revenue of $15.9 million, an increase of nearly 270% over 2016.

Key Points: 
  • Additionally, Medical Marijuana, Inc. subsidiary Kannaway experienced significant growth with 2017 revenue of $15.9 million, an increase of nearly 270% over 2016.
  • Titus continued, "Medical Marijuana, Inc. and its subsidiaries experienced substantial growth in 2017, breaking record after record in sales achievements.
  • Some of these highlights include:
    A total of 29 states and the District of Columbia passed some type of medical marijuana legislation during 2017.
  • Quarterly Revenue: Revenue increased each and every quarter in 2017.

U.S. Cannabis Retail Traffic on April 20, 2018 - "420" Holiday - Expected to Spike 300% Versus Average, Reports MJ Freeway

Retrieved on: 
Wednesday, April 18, 2018

And rivals the $80 million consumers spent on chicken wings to celebrate the Super Bowl in 2017 reports Nielsen .

Key Points: 
  • And rivals the $80 million consumers spent on chicken wings to celebrate the Super Bowl in 2017 reports Nielsen .
  • The expected $80 million in sales on April 20, 2018 represents growth of 48% over 2017.
  • Growth on 420 2018 is due to three factors:
    Friday Friday is the busiest sales day of the week for a cannabis retail store.
  • MJ Freeway also offers a complete suite of professional consulting services for cannabis businesses.

Budding Legal Cannabis Industry Offers Opportunity Amid Challenges, Chaos

Retrieved on: 
Wednesday, April 18, 2018

Ancillary businesses that support the cannabis industry are growing fast, as well, said Mitchell Kulick, partner at Feuerstein Kulick LLP, a cannabis law firm that provides legal services to companies, funds, investors and lenders in the space.

Key Points: 
  • Ancillary businesses that support the cannabis industry are growing fast, as well, said Mitchell Kulick, partner at Feuerstein Kulick LLP, a cannabis law firm that provides legal services to companies, funds, investors and lenders in the space.
  • His change of heart and mind about cannabis is matched by many Americans who now overwhelmingly voice support for legalizing medical cannabis.
  • GOHE and MTRAC aren't the only companies that have seen - and responded - to a need in the cannabis industry.
  • Alcohol companies see opportunity amid the chaos, with some investing in cannabis firms or planning to introduce their own cannabis-infused products.