Cannabis News
Delta 9 Cannabis (OTCMKTS:VRNDF) inked a master license agreement with NanoSphere Health Sciences and its Canadian subsidiary NanoSphere Cannabis International. The agreement gives an exclusive license to Delta 9 in Canada to manufacture and sell products made with Nanosphere’s patented technology for the delivery of cannabinoids via nanoparticle technology.
Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) and its subsidiary TGOD Acquisition Corp. announced that TGOD received a final order from the Ontario Superior Court of Justice approving their arrangement plan under an agreement dated October 25, 2018. As part of the agreement, TGOD will distribute unit purchase warrants of TGOD to its shareholders.
Oaksterdam University, Green Rush Consulting, and Minorities for Medical Marijuana are joining hands to launch the Cannabis Business Licensing Boot Camp program designed to help minority- and women-owned businesses prepare to obtain a cannabis business license in Missouri, which overwhelmingly passed Amendment 2 to make medical cannabis legal in the state. The Missouri Department of Health and Senior Services is now accepting pre-filed application fees from interested medical cannabis businesses and expects to have nearly 200 dispensaries throughout Missouri by 2020.
Lifestyle Delivery Systems (CSE: LDS), (OTCQX: LDSYF) subsidiary CSPA Group received a purchase order from lbs. Distribution for CannaStrips in the California cannabis market. The CannaStrips batch has passed state certification testing and is ready for delivery. Each package will contain 10 individually-sealed strips. CSPA Group Marketing Director Casey Fenwick stated, “With the extensive network of 120+ licensed retailers throughout California, we are certain that our engagement with lbs. Distribution will increase CannaStrips availability to a broader audience, doing so in a legal and professional manner.”
Curaleaf Holdings (CSE: CURA) (OTCBB: CURLF), a Wakefield, Mass.-based vertically-integrated cannabis operator, announced two new executive appointments. The company named Neil Davidson as CFO and Todd Goffman as general counsel and secretary, effective January 28. Both executives will report directly to Curaleaf CEO Joseph Lusardi.
Namaste Technologies (TSXV: N) (OTCMKTS: NXTTF) said that the Israeli government’s approval of medicinal cannabis is a significant milestone for the company and its Israeli partner Cannbit Ltd. (TASE: CPHO.M), a late-stage applicant, GMP-certified producer of medical cannabis which is publicly listed on the Tel Aviv Stock Exchange. Namaste owns 10% of Cannbit, has a collaboration and supply agreement to purchase medical cannabis, and a collaboration agreement whereby Cannbit consults with the company in relation to Namaste’s Israeli operations.
Providing an update its plans to create a joint venture with Invictus MD Strategies Corp. (TSXV: GENE) (OTCQX: IVITF) and CBDistribution Co. Ltd. with the intention of acquiring hemp biomass for extraction into CBD isolate using purpose-built facilities for large scale CBD extraction, Cannamerica Brands (CSE: CANA) (OTCQB: CNNXF) said that the Invictus has received approval from its board of directors to enter into the joint venture.
Maryland Cultivation and Processing (MCP), one of 18 companies in Maryland pre-approved for the cultivation of medical-use cannabis, has acquired 560 Western Maryland Parkway in Hagerstown. Centrally located in the Mid-Atlantic and serviced by an active CSX railroad line, the 12-acre parcel and 36,000 square foot manufacturing and distribution warehouse will be converted by MCP into a medical cannabis cultivation complex in two phases, the company said in a press statement.
