Medicine Man Technologies Inks Licensing Agreement With Canada House Wellness Group

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COLORADO: Medicine Man Technologies has announced an exclusive licensing agreement with Canada House Wellness Group, through itswholly owned subsidiary Abba Medix Corp., for deployment of its intellectual property and product lines (Three a Light™, Success Nutrients™, General Intellectual Property) into the Canadian marketplace.

The licensing agreement calls for an initial payment of $4.65M (CAD) in the form of cash and stock for licensing of Medicine Man Technologies’ intellectual property, product lines, and assignment of an existing Cultivation MAX agreement to Canada House.  Medicine Man Technologies will also be entitled to revenue-based fees related to this deployment over the duration of the license agreement and will be assisting Canada House’s marketing efforts.

Screenshot 2018-07-17 10.46.17Medicine Man Technologies’ current CEO, Mr. Brett Roper and members of the team will be working extensively with Canada House Wellness through the balance of this year to assist with the transition and product development, in particular focusing on the deployment of a highly efficient network of newly announced micro-cultivator license types in Canada as well as other goods and service offerings.

Brett Roper, Medicine Man Technologies’ co-founderand CEO commented, “We are very excited to be aligning ourselves with the Canada House team as they focus on their growth and value goals in the Canadian Cannabis marketplace.  In particular, this agreement provides potential future cost-based advantages to Canada House and craft-based micro-cultivators in the evolving supply chain, providing a more viable financial operating basis.  These types of opportunities facilitate the creation of additional jobs and infrastructure investments that will be very nimble and not tied down to any particular geographic area, also allowing for substantially less investment risk as we continue down this evolutionary path.”

“We are delighted to be working with Medicine Man Technologies, a leader in Cannabis cultivation technologies.” says Riley McGee, President of Abba Medix Corp. “By helping us improve our yields and quality, we believe that we will be a leading provider to the medical cannabis market and amongst one of the more sustainable and profitable companies in the industry. Our technology leadership will also be of immense benefit to the emerging micro-grower market.”  

Pro Athletes to Discuss CTE and Cannabis At New York Trade Show & Conference

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NEW YORK: A number of high profile professional athletes will discuss sports and cannabis on a panel at the upcoming Cannabis World Congress & Business Exposition (CWCBExpo) on June 16, 2016 at the Jacob K  Javits Convention Center.

According to event promoters, pro athletes from the NFL and NHL will provide frank insight on how legally using cannabis has helped them manage pain, become less reliant on prescription painkillers, and not affect their playing performance.  This thought-leadership panel “CTE, Concussions and CBD;” will feature: Charlie Adams, formerly Denver Broncos and Houston Texans; Eben Britton, NFL guard and tackle for Jacksonville Jaguars and Chicago Bears and current free agent; Riley D. Cote, former professional ice hockey player with the Philadelphia Flyers; and former Denver Broncos wide receiver Nathan Ross “Nate” Jackson.

Joining the cannabis sports discussion will be Heather Jackson, CEO of Realm of Caring, a non-profit and advocacy group that provide support services and resources to those using cannabinoid products.

“In talking to many NFL players, I have heard a reoccurring theme, and that is ‘protect the shield.’   The NFL will now have an opportunity to protect their players, and I consider that a much more valiant effort.  Research into CTE will help all neurodegenerative disorders, so a project like this is exciting to me personally and professionally,” added Ms. Jackson, of Realm of Caring.

“CTE, Concussions and CBD,” thought-leadership panel is part of the comprehensive educational agenda that is presented at CWCBExpo NY.   Conference delegates can participate in Add-On Workshops, June 15, that provide all-day education on business, career and investment fundamentals.  There will also be over 70 sessions with vetted industry experts and pioneers in the 2-day conference (June 16-17) that includes a headlining keynote speaker, the thought-leadership panels, regulatory updates, NY dispensary and includes session tracks focused on Creating Your Business, Running Your Business, High Finance, Opportunities, and Trends in High Growth Areas.  On Friday, June 17, the thought-leadership panel at CWCBExpo NY will be “Industrial Hemp: Made in America,” spotlighting this plant that can transform the agricultural and manufacturing landscape.

Featured exhibitors participating in CWCBExpo NY include Amercanex, Apeks, Cannabis Career Institute, Carp Law, Clover Leaf University, Conviron, Forever Flowering Greenhouses, Gradujuana, Helderpad, HighNY, Hiller, PC, Incredibles, International Cannabis Association, Labscape, Jane, Medicine Man, MJ Freeway, MJIC, Nexus Corporation, Potbotics, The Cannabis Co Operative, Transcend Lighting, True Leaf, and many others.  CWCBExpo NY is also partnering with leading advocacy groups, associations, and media partners including the Marijuana Business Association and MJNewsNetwork.com.

Discounted conference rates are now being offered for advance registration.  For more information on the Cannabis World Congress & Business Expo in New York, June 15-17, (CWCBExpo in NY) visit: http://www.cwcbexpo.com/new-york-expo.    For sponsoring or exhibiting information contact the CWCBExpo sales teams at sreuter@leexpos.comor click here:

Registration is Open for 3rd Annual Cannabis World Congress & Business Exposition June 15-17, 2016

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NEW JERSEY: A majority of US states are poised to transition from cannabis prohibition to some form of regulated legal markets for recreational and medical cannabis this year, making the 3rd Annual Cannabis World Congress & Business Exposition (CWCBExpo) in New York a must attend event to learn about and see the latest innovations that will move the industry forward.

Taking place June 15-17, 2016, at the Jacob K. Javits Convention Center in New York, NY, CWCBExpo’s ideal Northeast location taps into the country’s’ biggest financial, media, manufacturing, entrepreneurial and healthcare markets. CWCBExpo NY will offer an unparalleled learning agenda with subject matter experts in banking, pain management, healthcare, investing, regulations, law, emerging markets, and product development fields participating.

CWCBExpo NY attendees will gain the knowledge and tools needed to succeed in this hyper growth and dynamic industry including in-depth Add-On Workshops on June 15th that cover:

  • “Open or Purchase a Cannabis Industry,” a six hour certification program offered by Clover Leaf University
  • “Cannabis Growth Capital Conference and Investor Fair,” connecting investors with leaders in the cannabis public markets as well as up and coming private companies.

A bonus Add-On Workshop will take place the day after CWCBExpo NY, Saturday, June 18, with an all-day session on “Grow a Bright Future with a Green Collar Career: Don’t Miss the ‘Green Rush’,” presented by the Cannabis Career Institute.

The Conference Program on June 16-17 includes a headlining keynote speaker, thought-leader panel discussions, regulatory updates, NY dispensary owners, and specially crafted sessions in key business tracks focused on Creating Your Business, Running Your Business, High Finance, Opportunities, and Trends in High Growth Areas, including Industrial Hemp: Made in America and a CTE, Pain Management and Concussions panels.

“There has never been a better time to start a business or grow an existing one in the legalized cannabis market.  This year is a tipping point for the industry and the CWCBExpo in New York will provide you with the best curated education, connections and products to get a competitive start and flourish,” said Dan Humiston, President of International Cannabis Association and Educational Director for CWCBExpo.

In addition to two days of full educational programming and the in-depth Add-On Workshops, CWCBExpo NY will also feature an exhibit floor (June 16-17) with suppliers in the industry showcasing cutting-edge products and services to marijuana cultivators, entrepreneurs looking to enter the market, dispensary owners, medical professionals, investors, and providers of professional services.  An Exhibitor Product Theater on the show floor will spotlight the latest products and services being introduced to the market.

An evening fundraiser, Fashion and Food on High, will offer another opportunity for networking and celebrating the industry. Taking place on Thursday, June 16th, at the Copacabana in Times Square, this special event will spotlight the growing hemp lifestyle and create awareness for advocacy groups promoting the health benefits of industrial hemp and cannabidiol extracts.

Featured exhibitors participating in CWCBExpo NY include Amercanex, Apeks, Cannabis Career Institute, Clover Leaf University, Conviron, Forever Flowering Greenhouses, Gradujuana, Helderpad, HighNY, Hiller, PC, Incredibles, International Cannabis Association, Jane, Medicine Man, MJ Freeway, MJIC, Nexus Corporation, Potbotics, The Cannabis Co Operative, Transcend Lighting, True Leaf, and many others.

CWCBExpo New York is also partnering with leading advocacy groups, associations, and media partners including Coalition for Access Now, Realm of Caring, B2B Wholesaler, Cannabis Business Times, Cannabis Enterprise, Cannabis Financial News, Cann Media-mg Magazine, Hail Mary Jane, Marijuana Business Association, Marijuana Policy Project, Marijuana Venture, and Women Grow, to name a few.

Discounted conference rates are now being offered for advance registration.  For more information on the Cannabis World Congress & Business Expo in New York (CWCBExpo in NY) visit: http://www.cwcbexpo.com/new-york-expo.    For more information on sponsoring or exhibiting contact the CWCBExpo NY sales teams at sreuter@leexpos.comor click here:  http://www.cwcbexpo.com/request-for-exhibit-information/

 

Nevada Lawmakers Take Colorado Marijuana Tour

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NEVADA:  With smiles, selfies and a few nervous chuckles, a group of Nevada legislators and policymakers got a first-hand look at Colorado’s fast-growing legal marijuana industry this weekend, coming face-to-face with thousands of green growing plants.

The small group is part of Nevada’s efforts to understand what legalization could mean. The Silver State has permitted medical marijuana, and now there’s talk voters might be asked to legalize recreational pot next year.

The group met its Colorado counterparts, and toured several marijuana stores, including the high-tech, 40,000-square-foot Medicine Man in Denver, one of the state’s largest.

Blue Line Protection Group Providing Financial, Security And Compliance To Legal Marijuana Industry

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COLORADO:  Blue Line Protection Group, a leading provider of protection, financial and compliance services to the legal cannabis industry, was featured on the front page of The Denver Post on Sunday, June 15th in the article, “Reluctance of banks leaves pot shops looking for secure practices.”

The article focuses on the unique and uncertain banking issues facing legal marijuana dispensaries in Colorado. Traditional banks have not been willing to offer services to cannabis-related businesses due to the serious compliance issues they face, as it is illegal under federal law to manufacture, distribute or dispense marijuana.

The story highlights “Medicine Man,” a family-owned Denver marijuana business with designs on becoming a national brand that has employed Blue Line Protection Group’s security services since January 1st of this year. In addition to its armed guard security and compliance services, Blue Line is currently working with five Colorado marijuana companies to provide a viable financial solution for lawful cannabis dispensaries and has drawn interest from two Colorado-based banks.

The Denver Post article quoted Dan Sullivan, Blue Line Protection Group’s Vice President of Sales & Training and Andy Williams, Medicine Man’s President & CEO, describing how the two businesses are successfully working together.

Referring to Blue Line Protection Group, the article stated, “The company would serve as a compliance intermediary, an independent third party that would provide banks with data confirming that customers are 21 or older, licensing confirmation, monthly tax income, sales figures and other sensitive information.”

Mr. Sullivan commented, “The banks are saying they won’t do it because it’s an enormous amount of information they don’t possess. A third party, though, could do it for them. Blue Line would transport cash from businesses, store it in its own vault and then take it to a bank processing center.”

Andy Williams said the arrangement would give Medicine Man access to debit cards and checking and the terms were agreeable.

Sean Campbell, Blue Line’s Chief Executive Officer, commented on the article, “Blue Line has developed a proprietary standards and compliance verification program for banks interested in providing services to cannabis-related businesses. This makes Blue Line a natural fit to provide ongoing compliance services and reporting in this industry as we build upon our current suite of services to satisfy federal banking compliance requirements.”