Adoption Of Innovative Materials Or Manufacturing Bioplastic Packaging To Boost Growth Of Global Bioplastic Packaging Market 2019-2023 –

Global_Bioplastic_Packaging_Market_2019-2023

UNITED KINGDOM: The global bioplastic packaging market is expected to post a CAGR of over 18% during the period 2019-2023, according to the latest market research report by Technavio. Factors such as increasing environmental concerns are leading to higher consumer preference for biodegradable packaging materials. To cater to the consumer demands, many end-users such as retailers Read the full article…

TILT Begins Trading On OTCQB Venture Market

TILT_logo

MASSACHUSETTS: TILT Holdings Inc., a leading provider of products and services to businesses operating in the cannabis industry, announced that TILT’s common shares have been approved to begin trading on the OTCQB Venture Market, effective immediately. OTCQB is considered by the U.S. Securities and Exchange Commission (“SEC”) as an “established public market” for the purpose of Read the full article…

MedMen Announces Completion Of Sale Of Two Properties To Cannabis REIT

MedMen REIT property

CALIFORNIA: MedMen Enterprises announced that it has completed the sale of two properties to Treehouse Real Estate Investment Trust, Inc. with gross proceeds of approximately $33.5 million and net proceeds of approximately $30.6 million after repayment of debt. “This is our second transaction with Treehouse and we’ve now freed up nearly $49 million to invest directly Read the full article…

Harvest Health & Recreation To Acquire Verano, Creating One Of The Largest U.S. Multi-State Cannabis Operators

Harvest Health

ILLINOIS: Harvest Health & Recreation, a vertically integrated cannabis company with one of the largest footprints in the U.S., is pleased to announce that it has entered into a binding agreement to acquire Verano Holdings, an arm’s length third party, one of the largest privately held multi-state, vertically integrated licensed operators of cannabis facilities, in an all-stock transaction Read the full article…

Weedmaps Appoints New Chief Executive Officer

weedmaps logo

Doug Francis steps aside as CEO to serve as Chairman;President Chris Beals to Assume Role as CEO CALIFORNIA: Weedmaps today announced that the Company’s Board of Directors has appointed Chris Beals as Chief Executive Officer, effective March 6, 2019. In addition to assuming day-to-day leadership of Weedmaps, Beals will serve as a member of the Company’s Read the full article…

420MEDIA Trailblazers In Cannabis: Edmund M. DeVeaux, Burton Trent Public Affairs

E DeVeaux

Digital marketing agency 420MEDIA and the Marijuana Business Association (MJBA) have joined forces to create a series highlighting entrepreneurs trailblazing the cannabis scene. Each week, we’ll profile a noteworthy business pioneer, and ask each 5 questions. This week’s featured trailblazer is Edmund M. DeVeaux, Executive Vice President/Member at Burton Trent Public Affairs LLC, and Policy Advisor of the Read the full article…

Dauntless Announces Acquisition Of Soro Software

Dauntless Duo

Acquisition brings CRM and business intelligence functionality to GIANT platform WASHINGTON: Dauntless, Inc. has acquired Soro Software, Inc., announcing an agreement to combine forces and move forward together.  “We’re super excited about working with Dauntless!”, said Soro CEO Jerry Tindall. He says, “Our companies just clicked so well together; it was a no-brainer”. Dauntless CEO, Clark Musser, Read the full article…

Ohio Medical Marijuana Sales Figures – March10, 2019

Ohio_county_map

The following are program sales totals from 1/16/2019 to 3/10/2019: Total Sales: $1,854,900 Total Volume of Product Sold: 245 pounds The Ohio Medical Marijuana Control Program will provide weekly sales figures through April 1st, after which a monthly report will be made available. Patient registration information will continue to be reported on a monthly basis.

Altria Becomes Largest Shareholder in Cronos Group, A Leading Global Cannabinoid Company

Screenshot 2019-03-11 06.34.27

VIRGINIA: Altria announced the completion of its approximately USD $1.8 billion (CAD $2.4 billion) investment in Cronos Group, a leading global cannabinoid company, following receipt of shareholder and Canadian regulatory approvals. Altria’s investment represents an approximate 45% economic and voting interest in Cronos Group with a warrant to acquire additional ownership at a price of CAD $19.00 Read the full article…

Tilray Announces Successful Medical Cannabis Harvest In Portugal; Provides Update On European Operations

Tilray Portugal

CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, announced that its wholly-owned subsidiary Tilray Portugal Unipessoal Lda. has completed a successful harvest of medical cannabis at the Company’s European Union (EU) Campus in Portugal. Tilray’s EU Campus in Portugal is a multi-faceted production facility that includes indoor, outdoor and greenhouse cultivation sites, Read the full article…