Acreage Announces Grand Opening Of The Botanist By Compassionate Care Foundation in Atlantic City

The Botanist by Compassionate Care Foundation is the first The Botanist dispensary to open in the state of New Jersey

Acreage-Holdings

NEW JERSEY:  Acreage Holdings, one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., today announced the opening of The Botanist by Compassionate Care Foundation on Saturday, February 22, 2020, by its business partner, New Jersey’s Compassionate Care Foundation, Inc., a New Jersey nonprofit corporation. Acreage and CCF are parties to a services agreement with CCF under which Acreage delivers its operational expertise, product development capabilities, and The Botanist retail dispensary brand.  On November 15, 2019, Acreage and CCF entered into a reorganization agreement which will result in CCF becoming a wholly-owned, for-profit subsidiary of Acreage.  Closing of the transaction is subject to state approval.

The medicinal cannabis dispensary is located on the Atlantic City Boardwalk at 1301 Boardwalk, Atlantic City, New Jersey. With the opening, Acreage now owns or has management services, consulting or other agreements for 31 operational dispensaries in 12 states, including 13 The Botanist branded dispensaries.

Developed by Acreage, The Botanist is both a retail and product brand, deeply rooted in health and wellness, and focused on the holistic power of cannabis to help individuals live balanced lifestyles. The Botanist CCF offers a wide selection of flower-only products and features a “science meets nature” retail design reminiscent of a 19th century botanist laboratory. Offering a warm and inviting environment in which to learn about the healing properties of the cannabis plant from trained patient care specialists, The Botanist CCF’s design includes a “SEED BAR” education station, a private consultation room, The Botanist’s signature “green foliage wall,” and much more.

Have a Heart Acquires Leading Cannabis Brokerage Company

Cannabis retailer inks deal with CannaMLS, garnering insight into deal flow across the industry

WASHINGTON: Cannabis retailer Have a Heart today announced its acquisition of CannaMLS, a leading cannabis brokerage company, for an undisclosed amount. The deal comes at a time when acquisitions are sweeping the cannabis sector, as increasing legalization draws the attention of big business.

“The cannabis sector has seen incredible growth, reaching $10 billion this year in the United States alone,” said Ryan Kunkel, Have a Heart’s CEO. “We chose CannaMLS because of their wide reach across the nation with more than 1,000 listings equaling over $1.5 billion in revenues. Their expanding agent referral network and unique agent training program differentiates them as a key player in this space, and provides Have a Heart with a strong strategic expansion advantage.”

CannaMLS was founded in 2015 as a resource for the Cannabis industry. It provides an online forum to view and post cannabis businesses for sale. Clients can post or review listings and/or licenses for cultivation, processing, retail or real estate investment.

“We’re excited about this acquisition,” said Jesse Zesbaugh, CannaMLS partner. “Have a Heart is a company with vision and purpose, and we look forward to being part of its bright future.”

Have a Heart was recently rated by High Times as one of the best cannabis dispensaries in the United States, and earned the distinction as Seattle’s top-selling cannabis retailer from the Puget Sound Business Journal. The company recently closed $25 million in series A financing, the largest private financing round for a pure-play U.S. retail cannabis company to date.

Have a Heart has retail stores across the nation, including in Washington, Hawaii, Oregon, California and now Iowa, with additional stores opening soon in Ohio. The company has more than eighteen applications pending, including in five additional states. In addition, it has more than twenty sites under negotiation with potential merger partners in another four states.

 

Evergreen Market Expands Cannabis Cookbook Distribution For The Holidays

WASHINGTON: Evergreen Market, one of Washington’s top cannabis retail operations, today announced it is expanding the distribution options for “Cannabis & the Art of Infusion: An Elevated Cookbook,” which it initially launched with Chef Ricky Flickenger in limited release in mid-2018.

Just in time for the holidays, the cookbook is now available for purchase at Walmart.com and Amazon. Since its debut, it has quickly gained momentum due to its unique approach to recipes that all utilize a kief butter or oil base and a precise dosing technique that measures THC down to the milligram. The recipes can also be made cannabis-free by eliminating the kief infusion from the oil base in each recipe.

“Chef Ricky is a master of cannabis cooking and his passion is on display in every recipe. From Salmon Mousse Puffs to Cherry Chipotle Chicken to Cranberry Mascarpone Tarts, every dish is a delicious adventure,” says Evergreen Market co-founder Eric Gaston. “There is a natural connection between cannabis and cuisine and we are happy to bring Chef Ricky’s talent to the masses.”

Vast Display Network Acquired By CCTV

WASHINGTON:  Cannabis Club TV, the digital cannabis infotainment network backed by Tommy Chong, has acquired Vast Display Network in a stock and cash deal valued at $2.75 million over two years. As part of the package, CCTV will be leveraging the services of the CannAvolve sales and marketing teams to support company growth and market reach. Vast founder Dan Kemmis has joined CCTV to head up global business development and expansion as the company extends its presence within dispensaries and retail stores and across personal and in-home devices. 

Envisioned as the “Netflix of Cannabis,” CCTV produces and publishes the latest cannabis-related news, entertainment and business content and delivers it directly to consumers at point-of-sale, over the Internet, and on TV. By offering a direct-to-consumer cannabis-centric news and entertainment network, CCTV provides industry-leading marketing solutions for brands, retailers, and their customers.

For more information, please contact Dante or Dan

Oregrown Flagship Grand Reopening March 3

OREGON: Oregrown Industries will celebrate the grand reopening of its flagship store with music, food and beverages this Friday, March 3 from 4-6 p.m. at 1199 NW Wall Street in downtown Bend. The event marks the completion of construction of an expansion that has nearly tripled the size of the company’s retail store.

“Oregrown was launched four years ago by a group of friends with a dream to grow and sell the best cannabis in the world right here in Bend, Oregon,” Hadar said. “Today, we are extremely proud to have completed this expansion, which allows us to add nearly two dozen employees to our retail staff, reduce wait times for our loyal customers, and increase our selection of top shelf cannabis flower, extracts, edibles and other products.”

Bend State Representative Knute Buehler offered his congratulations on the expansion, which cements Oregrown’s presence as an anchor merchant in downtown Bend.

Bend has developed a national reputation for its talented entrepreneurs and for pioneering new industries,” Buehler said. “I am excited to see Oregrown continue to contribute to this culture of innovation by expanding locally and creating even more jobs in our community.”

Rod Porsche is the executive director of the Downtown Bend Business Association, which has partnered with Oregrown on community improvement projects like the beautification of a pocket park at the northern gateway to downtown, and the Bend Oktoberfest, which supports the Association’s flower basket program.

“Downtown is a better place with Oregrown here,” Porsche said. “The Downtown Bend Business Association appreciates Oregrown’s commitment to making our community an even better place to live, work and visit.”

Oregrown has steadily increased its commitment to the Bend business community. Co-owner Hunter Neubauer has recently joined the board of directors at the Bend Chamber, where the company is a platinum sponsor and underwriter of the Chamber’s Young Professionals program.

“It’s been a great pleasure working with local business owners to bring prosperity and opportunity to Bend,” Neubauer said.

Hadar said Oregrown welcomes all community members 21 and over to Friday’s grand reopening event, which will feature food, beverages, music, and appearances by Oregrown Team Rider skiers and snowboarders.

“This Friday, we just want to say ‘thank you’ to our amazing customers, our wonderful downtown neighbors and community leaders,” Hadar said. “We are humbled and inspired by your love and support.”

New Luxury Cannabis Brand Brings Haute High To Cannabis Consumers

NEW YORK: As the Cannabis legalization movement continues to gain momentum across the U.S., a new market has emerged of high-end consumers.  Toast, a luxury, lifestyle Cannabis brand that provides a sophisticated consumer experience, is redefining how consumers enjoy Cannabis. Born in Aspen, Colorado, and bred on the pillars of purity, style, and luxury, Toast a new world order for the etiquette of recreational Cannabis use.

Toast provides a trusted quality and refined experience in which each puff is like having a sip of champagne and each full Slice™ is like having a generous glass. Each Slice™ is developed using a proprietary manufacturing process and 100% Cannabis blend, which result in a consistent and ideal experience for the Toast™ consumer.

The Toast experience will activate the mind and relax the body while keeping the consumer in control – the ideal state of mind for making social connections. Toast presents consumers with an instinctive experience that allows them complete control over their level of indulgence. As a responsible leader in the Cannabis industry, Toast is committed to safe consumption practices providing a uniform and predictable experience, allowing users to more carefully monitor and regulate their intake.

Toast establishes a new etiquette for the Cannabis industry embracing how smoking Cannabis in controlled and mild doses can enhance a social experience. A recent study from Miner & Co. Studio stated that an “…overwhelming majority of Cannabis Consumers [polled] are consuming Cannabis and Cannabis products to enhance their daily and social experiences.  95% prefer a high that allows them to be ‘present’, ‘mindful’ and/or ‘focused’…”

Punit Seth, Co-Founder and CEO states, “Toast has the hypothesis that our consumers want to enjoy Cannabis with the reliability, ease and potency of a fine cocktail or wine – that is, not like a drug but a lifestyle enhancement through social and responsible consumption.  Market tests overwhelmingly supported that claim and that Toast™ is the only brand for the people who seek to share an elegant, fun, and controlled Cannabis experience with friends.”

Toast is co-founded by a set of successful former executives including CEO Punit Seth (previously at Bridgewater Associates and Accenture) and Senior Advisor Chris Burggraeve (former Global CMO of Anheuser-Busch InBev). Together, the founders have harnessed their individual expertise in finance and operations, digital, entrepreneurship, and consumer brand building to elevate Toast to the forefront of the Cannabis marketplace.  The founders have a shared mission to help shape the burgeoning Cannabis market (estimated to grow to $50B) into one that encourages social and responsible consumption.

“Cannabis is starting to lose its taboo and slowly but surely becoming societally acceptable. As a direct result of the mainstreaming of Cannabis, brands like Toast will be the standard bearers for responsible, beautiful, and consistent usage.”  Eddie Miller, Co-Founder and Chief Business Development Officer stated.

Toast  will be available at The Original Leaf in Aspen, CO. starting on February 10th, 2017 and be available in other select dispensaries across the state.

Canada’s Tokyo Smoke Acquires Seattle Cannabis Lifestyle Brand Van der Pop

CANADA: Tokyo Smoke, a leading Canadian cannabis-oriented lifestyle brand, has acquired Van der Pop, a like-minded cannabis product and experience brand based in Seattle, WA. Run by acclaimed designer and serial entrepreneur of consumer lifestyle brands April Pride, Van der Pop was created in response to a lack of sophisticated product for female marijuana connoisseurs. Women represent a rapidly growing segment of the cannabis market, underserved in cannabis despite being responsible for 85 per cent of overall consumer spending. Van der Pop has focused on creating a unique product line with a design aesthetic targeted directly to women, complemented by a carefully constructed shopping experience.

The full line of Van der Pop products will be sold at all Tokyo Smoke retail locations, and the brands will also collaborate on a limited line of new products. The teams from each enterprise will support one another with creative and marketing projects; April Pride assumes the role of Chief Creative Officer for both companies.

The acquisition combines one of the leading and highest visibility female-focused cannabis brands with Tokyo Smoke’s expertise in retail, international partnerships, and the curation of leading cannabis experiences. The combined companies will focus on providing a better, more thoughtful cannabis experience to an even broader community and will offer a myriad of new opportunities for consumers to approach cannabis.

“Van der Pop is an incredibly important and rare contribution to the consumer landscape, a brand that is, at its core, authentic and truly speaks to people,” says Alan Gertner (co-founder and CEO, Tokyo Smoke). “April and I share the same values when it comes to the normalization of cannabis and the appetite for design driven thinking within the industry. Together, we are natural partners to offer the best experiences to the burgeoning marketplace.”

Pride created Van der Pop in the spirit of Mies van der Rohe‘s design adage of “less is more,” combined with the ‘joie de vivre’ sound of corks popping. Van der Pop’s thoughtful product line places equal importance on form and function, and strives to infuse each item with a fun first, fashion forward focus. Best-selling items include stash jarslockable stash bagsgrinder cards and rolling papers.

“I feel empowered to help shape the messaging around responsible cannabis use,” says Pride. “Brands like Van der Pop and Tokyo Smoke are more than lifestyle purveyors, we want to help the global community engage with cannabis for the best possible results. This partnership combines our knowledge of the industry and presents customers with the most considered products and experiences. All while emphasizing design and creativity. That is the point.”

Van der Pop’s unique shopping experience targets the desire to discreetly enjoy cannabis while making informed purchasing decisions in consultation with like-minded friends and experts. Community members can become hosts for Van der Pop’s private shopping concept SESSION, or join scheduled parties where guests are educated about products in a social setting. SESSION has been hailed by Vice and reflects modern cannabis culture and offers discretion, education and style. Van der Pop products have been highlighted by Forbes and are now available at Tokyo Smoke retail locations and online at www.tokyosmoke.com.