2019 Cannabis Business Award's
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WEDNESDAY, APRIL 12, 2023 |
REGISTER FOR APRIL 19, 2023
SPECIAL LEGISLATIVE UPDATE MEETING OF THE "FLORIDA MEDICAL CANNABIS PHYSICIAN GROUP"
(FMCPG) FOR ALL
"MEDICAL MARIJUANA DOCTORS" AND "MMTC DIRECTORS ONLY " SIGN UP TODAY
TOPICS TO BE DISCUSSED
FOLLOW UP ON RECENT DEVELOPMENTS ON 2023 LEGISLATIVE ISSUES FROM OUR APRIL 5TH MEETING
WHAT CAN HURT YOUR PRACTICE UPDATE FROM TALLAHASSEE ON TELEHEALTH BILL FOR CANNABIS PATIENTS UPDATE FROM TALLAHASSEE ON THE HEMP BILL PROTECTING YOUR MEDICAL CANNABIS PRACTICE
CHANGES FROM THE OMMU - NEW MMTCs QUESTIONS FROM PHYSICIANS HOW TO BEST ANSWER YOUR PATIENT QUESTIONS
CLICK HERE TO REGISTER FOR THE APRIL 19 MEETING |
NEWS FROM THE PAST WEEK
RELATING TO THE BUSINESS OF CANNABIS IN FLORIDA Click on Company Logo to be Transferred to Web Site |
AYR WELLNESS CLOSES ACQUISITION OF TAHOE HYDROPONICS
MIAMI, April 10, 2023 — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that it has closed the acquisition of Tahoe Hydroponics Company, LLC (“Tahoe Hydro”), an award-winning cultivator and one of Nevada’s top producers of high-quality cannabis flower.
On July 19, 2021, Ayr announced a definitive purchase agreement to acquire Tahoe Hydro, and on February 7, 2022, Ayr and Tahoe Hydro entered into an Interim Management Services Agreement (“MSA”). With this closing, Ayr has assumed 100% of the membership interests of Tahoe Hydro. At close the Company paid $1.5 million in cash consideration and issued 232,795 exchangeable shares, each exchangeable for one listed share. The closing of NV Green, Inc., which produces concentrates and is the other part of the acquisition, has not yet closed. Upon the expected closing of NV Green, AYR anticipates issuing an additional 58,196 exchangeable shares and no further cash consideration.
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AYR WELLNESS OPENS TWO NEW RETAIL LOCATIONS IN FLORIDA MIAMI, April 11, 2023 — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that it has opened two new retail stores in Florida located in Winter Haven and Palatka.
“Our consistent advancements in Florida make for an exciting story for AYR and will remain a strong focal point as we continue to prioritize the markets and initiatives that drive the most growth for the Company,” said David Goubert, President and CEO of AYR. “These new store openings expand our Florida footprint to 59 retail stores and further broaden our reach in the state, allowing us to introduce AYR’s elevated customer experience and selection of high-quality offerings to more customers and communities. We look forward to creating lasting relationships with our patients who visit these new locations and continuing to grow our presence throughout the state.”
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CURALEAF COMPLETES ACQUISITION OF DESERET WELLNESS Transaction Bolsters Curaleaf’s Presence in Utah as State’s Largest Retail Operator
NEW YORK, April 10, 2023 — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer cannabis products, today announced the completion of its previously announced acquisition of Deseret Wellness (“Deseret“), the largest cannabis retail operator in Utah (the “Transaction”). With the close of the Transaction, Curaleaf’s retail footprint has increased to four dispensaries in Utah and 150 nationwide.
Boris Jordan, Executive Chairman of Curaleaf, stated, “Deseret is an excellent strategic fit for Curaleaf as we continue to expand our retail footprint in key emerging markets. This transaction enables to better serve Utah’s rapidly expanding medical program, which recorded a record-breaking US$118.7 million in sales last year. On behalf of the Board of Directors and management team, I am pleased to officially welcome Deseret to the Curaleaf family.”
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ELEVATE THE JOURNEY WITH DOGWALKERS’ NEW SHOW DOG INFUSED CANNABIS PRE-ROLLS
Inspired by the Pursuit of New Experiences and Greater Heights, Dogwalkers Launches Infused Cannabis Pre-Rolls Line in Celebration of 420
CHICAGO and VANCOUVER, British Columbia, April 06, 2023 — Dogwalkers, a premium cannabis pre-roll brand from Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), today announced that it will launch Show Dogs, a new line of infused cannabis pre-rolls. Show Dogs will launch in the Illinois market on Thursday, April 20th, and will be sold exclusively at RISE Dispensaries for the first two weeks. The product line will expand to additional markets later this year, including Massachusetts, Maryland and Nevada.
Show Dog pre-rolls are crafted with premium cannabis flower that is harvested at peak freshness and infused with high-grade concentrate to provide top-class levels of potency, making them perfect for elevated journeys and new experiences.
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NEW NAME HOUSE OF PLATINUM CANNABIS |
IANTHUS ANNOUNCES CHANGE OF AUDITOR
NEW YORK and TORONTO, April 5, 2023 – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, announced today that it has dismissed Marcum LLP (“Marcum”) as the Company’s independent auditor and appointed PKF O’Connor Davies, LLP (“PKFOD”) to serve as the Company’s independent auditor for the fiscal year ending December 31, 2023, effective as of March 30, 2023.
The change of the Company’s independent auditor was made after careful consideration and evaluation and was approved by the Company’s audit committee.
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PLANET 13 MOURNS THE PASSING OF BOARD MEMBER MIKE HARMAN
Planet 13 Holdings Inc. (CSE:PLTH)(OTCQB:PLNHF) (“Planet 13” or the “Company“) today remembers Board member Mike Harman, who passed away on April 6, 2023 at the age of 50. The Company extends its sincere condolences to his wife Jeanette and his entire family. He is remembered as a dear friend, admired colleague, devoted husband and father.
Mr. Harman served on Planet 13’s Board of Directors and as Chair of the Audit Committee since Planet 13 went public in June 2018. Mr. Harman was a valued board member who helped guide the Company through its go-public transaction, transition to U.S. GAAP and SEC filing. He was a friend and respected voice to everyone at Planet 13.
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NATIONAL AND INTERNATIONAL NEWS |
PHARMALA BIOTECH AND FILAMENT HEALTH ANNOUNCE RELEASE OF GMP MDMA CAPSULES PharmAla contracted Filament subsidiary Psilo Scientific to manufacture the drug product for distribution to clinical trial customers and authorized patients
VANCOUVER, British Columbia, April 11, 2023 — PharmAla Biotech Holdings Inc. (“PharmAla”) (CSE:MDMA), a Canadian biotechnology company dedicated to the research and development of clinical-grade LaNeo™ MDMA and novel MDXX compounds, and Filament Health Corp. (OTCQB:FLHLF) (NEO:FH) (FSE:7QS) (“Filament”), a clinical-stage natural psychedelic drug development company, today announced the GMP release of MDMA capsules at the Metro Vancouver facility operated by Filament’s subsidiary Psilo Scientific.
“PharmAla has been working for some time to fill the backlog of MDMA for clinical researchers all over the world. As the psychedelics industry matures, the amount of clinical research for MDMA is set to grow,” said Nick Kadysh, CEO at PharmAla Biotech. “We’re happy to have reached this important milestone which will allow PharmAla to further distribute finished MDMA drug product to qualified researchers, and are grateful to Filament for their partnership. Our eyes are now fully set on jurisdictions like Australia, which will require full commercial-scale manufacturing of both GMP API and drug product to fulfill demand for patients – and those jurisdictions still to come.”
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LED GROW LIGHT MANUFACTURER FOHSE ADDED TO SWEET LEAF MADISON CAPITAL’S PREFERRED VENDOR PROGRAM FOHSE joins SLMC’s Preferred Vendor Program to provide equipment financing for its customers
DENVER, April 10, 2023– Sweet Leaf Madison Capital (SLMC), a nationwide provider of customized debt solutions for the middle-market cannabis industry, has announced that it has added FOHSE, one of America’s top LED lighting grow manufacturers, to its Preferred Vendor Program.
“Those of us in the cannabis industry understand that this is a capital-intensive business, which makes it critical for companies such as FOHSE and SLMC to collaborate to deliver mission-driven resources,” said Hershel Gerson, Chief Financial Officer of FOHSE. “SLMC’s Preferred Vendor Program is exactly the solution we needed. The company’s leadership and investment team are top-notch and SLMC has a sterling reputation for being transparent with every one of its partners. Being in the SLMC Preferred Vendor Program will dramatically increase the speed of our sales by acting as a crucial source of financing, enabling us to fast track company growth.”
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PERVASIP IS ENTERING THE $8 BILLION GLOBAL NANO MARKET WITH ARTIZEN NANO AND ACQUIRES SLURPED
April 05, 2023 — PVSP Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets today announced the acquisition of Slurped, a nano tincture brand, and establishing Artizen Nano, focused on the development of nano emulsified products.
With the acquisition of United Consulting Services (“UCS”), Pervasip is implementing a nano division, Artizen Nano, to develop various products for the cannabis and non-cannabis markets. Nano emulsification is a process that produces nano-sized droplets of one liquid suspended within another liquid using an emulsifying agent. The resulting emulsion has a high surface area-to-volume ratio, which makes it ideal for use in a variety of applications, including pharmaceuticals, cosmetics, food and beverage, and industrial applications.
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NEWLAKE CAPITAL PROMOTES JARRETT ANNENBERG TO SENIOR VICE PRESIDENT, HEAD OF INVESTMENTS
April 05, 2023 — NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, announced today that Director of Acquisitions, Jarrett Annenberg, has been promoted to Senior Vice President, Head of Investments. Mr. Annenberg is a co-founder of NewLake and, in addition to acquisitions, he assists in NewLake’s operations, portfolio management and capital raising efforts.
“Since we founded the Company in 2019, Jarrett and I have been working side-by-side to ensure the growth and ultimate success of NewLake,” said Anthony Coniglio, Chief Executive Officer of NewLake. “He is a trusted and essential part of our team, and this promotion is well-deserved.”
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SWEET LEAF MADISON CAPITAL ADDS PETER GLADISH AS SENIOR ORIGINATOR
GLADISH BRINGS A RARE SKILL SET TO THE ROLE, COMBINING YEARS OF EXPERIENCE IN FINANCE, CANNABIS CULTIVATION AND CANNABIS INDUSTRY CAPITAL LOANS
DENVER, April 11, 2023 — Sweet Leaf Madison Capital (SLMC), a nationwide provider of customized debt solutions for the middle-market cannabis industry, has announced that Peter Gladish has joined the organization as a Senior Originator. Gladish will be based out of SLMC’s West Palm Beach office.
“Besides being a razor-sharp professional, Peter has a unique background that makes him especially well-suited to our team,” said Andrew Kaye, Chief Commercial Officer of SLMC. “He has years of experience in finance preparing detailed financial analysis and underwriting nearly $3.5 billion in proposed transactions, as well as hands-on operational experience cultivating cannabis in Northern California. In addition, he has direct experience providing financing to cannabis operators throughout the United States. He understands the unique challenges companies in this expanding industry face as they go about securing capital to scale their businesses.”
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BELOW ARE THE LINKS TO THE DIRECTORY OF FLORIDA CANNABIS DOCTORS AND DISPENSARIES IN THE STATE OF FLORIDA |
CANNABIS NEWS FLORIDA APRIL 2023 SPOTLIGHT PAULA SAVCHENKO, ESQ. – FOUNDER OF CANNACORE GROUP APRIL 2023 |
We are a full-service cannabis and psychedelic licensing company specializing in helping businesses enter new markets to achieve their long-term goals. Cannacore Group has more than 19 years of combined knowledge and experience in the Cannabis Business Application Process. From Florida to California, we have achieved continuous success in obtaining cannabis business licenses with an 85% success rate! What do we do? Work with lobbyists and advocates to work toward nationwide cannabis legalization.
Collaborate and advise groups on how to achieve their goals in attaining cannabis business licenses in new and expanding markets.
Identify new markets to target, put together an all-encompassing business plan, and bring in additional resources as needed, including funding and an operational team.
Provide proven Standard Operating Procedures included in the application process as well as after attaining the license.
It is important to have proper guidance while navigating, entering or operating in the cannabis industry. Whether you need an expert to help you enter the industry or if you are already an operational business in the space and need consultation, we are here to lead the way. We handle each step of the Cannabis Business Licensing process. From working with your team to identifying new market opportunities, putting together a strong team using our expansive network, drafting a thorough application, challenging agency action (if needed), business structuring, tax planning, and consulting to keep your business compliant and successful.
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QUALIFIED PATIENTS OVER 805,000 AND 555 DISPENSING LOCATIONS |
LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
APRIL 7, 2023 Report BY THE NUMBERS Qualified Patients: (Active ID Card): APR 07 2023- 805,491 MAR 31 2023- 804,066
MAR 24 2023- 802,251 MAR 17 2023- 800,356 MAR 10 2023- 797,505
MAR 03 2023- 794,779
Patients Last Week: 1,425 Qualified Ordering Physicians: 2,505 New Doctors Last Week: - 17 Reporting Period: MAR 31 - APR 6, 2023
Amount of Medical Marijuana Dispensed - (mgs THC) 292,672,570 Amount of Low-THC Cannabis Dispensed - (mgs CBD) 3,418,641 Amount of Marijuana in a From for Smoking (oz) 103,642.794 Approved Dispensing Locations: 555 ADD LAST WEEK +4
INSA - SUMMERFIELD JUNGLE BOYS - DEERFIELD
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