2019 Cannabis Business Award's Publication of the Year |
WEDNESDAY, NOVEMBER 1, 2023 |
FMCPG HAS BEEN SERVING AND REPRESENTING THE CANNABIS PHYSICIAN COMMUNITY
SINCE 2020 |
REGISTER FOR TONIGHT'S MEETING THURSDAY,
NOVEMBER 16, 2023 AT 6:30PM THE "FLORIDA MEDICAL CANNABIS PHYSICIAN GROUP"
(FMCPG) FOR ALL
"MEDICAL MARIJUANA DOCTORS" AND "MMTC DIRECTORS ONLY " TOPICS TO BE DISCUSSED
REVIEW OF OUR "2024 LEGISLATIVE PRIORITIES"
FOR PRESENTATION IN TALLAHASSEE AND
UPDATE FROM MEETINGS WITH LEGISLATORS IN TALLAHASSEE UPDATES ON RFE REQUESTS PROTECTING YOUR MEDICAL CANNABIS PRACTICE
QUESTIONS FROM PHYSICIANS HOW TO BEST ANSWER YOUR PATIENT QUESTIONS
Becoming a Chapter of the Society of Cannabis Clinicians (If you are currently a member, and have not sent me an email, please send me an email today) |
MEDICAL CANNABIS PHYSICIAN
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The cost of this program is ONLY $500.
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IF YOU ARE INTERESTED, PLEASE EMAIL ME AT CHARLES@CANNABISNEWSFLORIDA.COM OR CALL MY CELL AT 954-605-4785 |
NEWS FROM THE PAST WEEK RELATING TO THE BUSINESS OF
MMTC'S IN FLORIDA
Click on Company Logo to be Transferred to Web Site |
TRULIEVE OPENING MEDICAL CANNABIS DISPENSARY IN MARIANNA, FLORIDA
Company celebrates grand opening, improves patient access in Florida’s north panhandle
TALLAHASSEE, Fla., Oct. 27, 2023 — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the United States, today announced the opening of a new medical dispensary located at 4256 Lafayette Street in Marianna, Florida.
On Saturday, October 28, Trulieve will host a grand opening celebration beginning at 9 a.m. featuring partner giveaways, music, specials, discounts, and opportunities to register for upcoming patient education sessions.
“We are constantly looking for new ways to engage with customers and expand access to cannabis,” said Trulieve’s Chief Executive Officer Kim Rivers. “This new location makes it easier for patients in the Marianna community to enjoy our superior customer service and top-quality products.”
READ MORE |
GREEN THUMB TO OPEN A RISE DISPENSARY IN SUN CITY CENTER, FLORIDA ON OCTOBER 27TH, EXPANDING ITS FOOTPRINT TO TEN LOCATIONS IN THE SUNSHINE STATE
CHICAGO and VANCOUVER, British Columbia, Oct. 25, 2023 — RISE Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or “the Company”) (CSE: GTII) (OTCQX: GTBIF), today announced that RISE Dispensary Sun City Center, the Company’s tenth retail location in Florida and 86th nationwide, will open on October 27th. RISE Dispensary Sun City Center will welcome patients with a grand opening celebration on November 14th, where profits from the day will be donated to Minorities for Medical Marijuana. The event will include a ribbon-cutting ceremony with representatives from the South Hillsborough Chamber of Commerce.
“As we near five years of caring for medical cannabis patients in Florida, we are excited to expand our presence to ten locations in the state with the opening of RISE Sun City Center,” said Green Thumb President Anthony Georgiadis. “Our team is passionate about building strong relationships with the communities we serve, and we look forward to supporting Minorities for Medical Marijuana as part of our new store opening charity donation tradition.”
READ MORE | NEW NAME HOUSE OF PLATINUM CANNABIS |
RED WHITE & BLOOM PROVIDES UPDATE RELATING TO ALEAFIA HEALTH AND OTHER CORPORATE MATTERS
COURT GRANTS ORDER APPROVING THE AMENDED STALKING HORSE AGREEMENT UNDER THE ALEAFIA CCAA PROCEEDINGS
TORONTO, Oct. 31, 2023 — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is providing an update on matters relating to Aleafia Health Inc. (“Aleafia Health”) and other corporate matters.
Update Relating to Aleafia Health
RWB is pleased to announce that in connection with the proceedings of Aleafia Health and certain of its subsidiaries (collectively, the “Aleafia Group”) under the Companies’ Creditors Arrangement Act (the “Aleafia CCAA Proceedings”), the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted an approval and reverse vesting order in respect of the previously announced sale transactions (the “Approval and Vesting Order”).
The Approval and Vesting Order is the sole authorization required by the Aleafia Group to implement the transactions provided for under the previously announced stalking horse asset purchase and share subscription agreement, as amended and restated on October 24, 2023 (the “Amended Stalking Horse Agreement”) among RWB, Aleafia Health and certain of Aleafia Health’s subsidiaries (collectively, the “Aleafia Purchased Entities”).
READ MORE
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VERANO OPENS MÜV™ SATELLITE BEACH, ELEVATING THE COMPANY’S RETAIL FOOTPRINT TO 72 FLORIDA DISPENSARIES AND 135 LOCATIONS NATIONWIDE
Verano Opens MÜV™ Satellite Beach, Elevating the Company’s Retail Footprint to 72 Florida Dispensaries and 135 Locations Nationwide
Located at 106 Florida Highway A1A, MÜV Satellite Beach bolsters the Company’s retail presence in Brevard County, an area with more than 606,000 residents1
MÜV Satellite Beach joins nearby MÜV dispensaries in Titusville, Merritt Island and West Melbourne
Verano’s active operations span 13 states, comprised of 135 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity
CHICAGO, October 27, 2023 — Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of MÜV Satellite Beach on Friday, October 27, the Company’s 72nd Florida dispensary and 135th location nationwide. MÜV Satellite Beach, located on 106 Florida Highway A1A, will be open Monday through Saturday from 9 a.m. to 7 p.m. and Sunday from 11 a.m. to 5 p.m., local time.
Situated in Brevard County which counts more than 606,000 residents1, MÜV Satellite Beach strengthens Verano’s presence along the Atlantic Coast, complementing existing MÜV dispensaries in Titusville, Merritt Island and West Melbourne.
READ MORE |
VERANO LAUNCHES SAVVY THREADS, LIMITED-EDITION STREETWEAR AND E-COMMERCE PLATFORM
Forged at the intersection of cannabis culture, art and fashion, each Savvy Threads piece features Savvy-inspired designs from a variety of graphic artists
The Savvy Threads store is available on SavvyThreads.com and features a variety of special-edition branded apparel that ships to all 50 United States
To create a line of unique, evocative pieces, Verano partnered with artists Mike Frontier and Jacob Wayne of Chicago, and Jeremiah Kaniaupio of Las Vegas
Savvy Threads unlocks Verano’s ability to advertise using targeted social media campaigns on Meta’s Instagram and Facebook, and provides Verano access to a larger addressable market
CHICAGO, October 25, 2023 — Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the launch of Savvy Threads, a limited-edition streetwear and e-commerce platform that celebrates the Company’s Savvy cannabis brand imagery and its intersection with art, culture and contemporary fashion. Inspired by the creativity of in-house artist Mike Frontier, in collaboration with independent artists Jacob Wayne (Chicago) and Jeremiah Kaniaupio (Las Vegas), the inaugural Savvy Threads collection features exclusive apparel inspired by popular Verano genetics while espousing the unique style and vision of the designers. Savvy Threads items include t-shirts, embroidered sweat shorts and varying hooded and crewneck sweatshirts, all available for purchase and shipping across all 50 U.S. states on SavvyThreads.com.
READ MORE |
NATIONAL AND INTERNATIONAL NEWS |
2024 REQUEST FOR PROPOSALS- CONSORTIUM FOR MEDICAL MARIJUANA CLINICAL OUTCOMES RESEARCH The RFP provides information regarding submission deadlines, eligibility, award criteria, and other important instructions and details about this research funding opportunity. The first upcoming deadline for the 2024 RFP is the submission of the required online Letter of Intent (LOI) by 11:59 PM (EST), Feb 1st, 2024. READ MORE |
AYURCANN REPORTS 2023 FINANCIAL RESULTS FEATURING $22,371,604 IN GROSS REVENUE
Toronto, Ontario, Oct. 30, 2023 — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 and 3.0 products in the medical and recreational market, is pleased to announce its financial and operational results for the year ended June 30, 2023, the highlights of which are included in this news release. All figures are reported in Canadian dollars. The Company’s full set of consolidated audited financial statements for the years ended June 30, 2023 and 2022 and accompanying management’s discussion and analysis can be accessed by visiting the Company’s website at www.ayurcann.com and its profile page on SEDAR+ at www.sedarplus.ca.
FINANCIAL HIGHLIGHTS FOR THE YEAR ENDED JUNE 30, 2023
Gross revenue increased to $22,371,604 for the fiscal year ended June 30, 2023 (compared to $11,081,731 in 2022), representing an increase of 101%.
Cash on hand on June 30, 2023, totalled $971,959 (compared to $1,354,816 as of June 30, 2022).
Grew our product offerings to 60 stock keeping units (“SKUs”) across the country; and
READ MORE |
VANCOUVER, British Columbia, Oct. 31, 2023 — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) is pleased to report its financial results for the third quarter ended August 31, 2023 (“Q3’23”). All amounts are expressed in Canadian dollars unless otherwise noted.Revenue up 30% to $8.9M over nine-month period end Q3’22;Distillate volumes sold increased by 85% compared to the nine-month period ending Q3’22;CHRISTINA LAKE CANNABIS REPORTS THIRD QUARTER 2023 RESULTS
Q3’23 Highlights
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SCISPARC GRANTED PATENT FROM THE AUSTRALIAN PATENT OFFICE FOR ITS REDUCTION OF OPIOIDS USE IN PAIN MANAGEMENT TECHNOLOGY
TEL AVIV, Israel, Oct. 31, 2023 — SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders and rare diseases of the central nervous system, announced today its had been received notice of acceptance for its patent application for Combination of Opioids and N-Acylethanolamines for pain treatment (the “Patent”).
The Patent has been granted by IP Australia, the government agency in Australia that administers intellectual property rights and legislation for patents.
READ MORE |
AFC GAMMA, INC. ANNOUNCES APPOINTMENT OF DANIEL NEVILLE AS NEW CHIEF EXECUTIVE OFFICER
Brings Extensive Operational Experience and Deep Cannabis Knowledge
Leonard Tannenbaum to Transition to Role of Chief Investment Officer
WEST PALM BEACH, Fla., Oct. 30, 2023 – AFC Gamma, Inc. (NASDAQ: AFCG) (“AFC Gamma”), a commercial real estate finance company, today announced the appointment of Daniel Neville, as its new Chief Executive Officer, effective November 13, 2023. Most recently, Mr. Neville served as the Chief Financial Officer for Ascend Wellness Holdings, Inc. (“AWH”), a leading multi-state, vertically integrated cannabis operator. He succeeds Leonard Tannenbaum, who will transition from his role as Chairman of the Board and Chief Executive Officer to Executive Chairman and Chief Investment Officer, effective as of November 13, 2023.
Commenting on the appointment, Mr. Tannenbaum, said, “We are delighted to have someone with Dan’s expertise in the cannabis industry take on the CEO role at AFC Gamma. Dan is a proven leader, who brings deep operational expertise, a strong strategic mindset and proven leadership abilities. I believe that as a lender, it has become increasingly important to have in-house operating expertise to contribute to the underwriting and portfolio management of cannabis credits. The appointment of Dan as CEO reaffirms AFC Gamma’s commitment to lending to the cannabis industry and expanding as the industry grows and continues to need debt capital to finance its expansion.”
READ MORE |
PINEAPPLE EXPRESS CANNABIS COMPANY LAUNCHES DISPENSARY ON THE HOLLYWOOD WALK OF FAME
Company’s 50% owned asset signs management deal and brands dispensary ‘Pineapple Express Hollywood’
LOS ANGELES, CA, Oct. 31, 2023 — Pineapple Express Cannabis Company. (OTC: PNXP) (the “Company”), a publicly traded company, today announced that it has commenced management and operations of its flagship dispensary location at the famed corner of Hollywood & Vine on the Hollywood Walk of Fame. The Company confirmed the exact location for Pineapple Express Hollywood as 1708 Vine Street, Hollywood, Ca.
READ MORE |
MARIMED’S BETTY’S EDDIES™ INTRODUCES LIMITED-EDITION THC AND CBG INFUSED SWEATER WEATHER BETTY’S FOR THE COZY FALL SEASON
SWEATER WEATHER BETTY’S USES REAL APPLE AND WARM SPICES IN EACH FRUIT CHEW TO EVOKE THE CLASSIC FLAVORS SYNONYMOUS WITH FALL
NORWOOD, Mass, OCTOBER 26, 2023 — Betty’s Eddies™, the all-natural, cannabis fruit chews handcrafted to fit a variety of needs, has launched a new limited-edition batch of apple pie chews for autumn: Sweater Weather Betty’s. Betty’s Eddies is one of the top-selling and award-winning brands developed and distributed by leading multi-state cannabis operator, MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD).
Available starting in late October at select cannabis retailers throughout Massachusetts, Maryland, and Delaware, each Sweater Weather Betty’s fruit chew is infused with a relaxing combination of full-spectrum cannabis (5mg in Massachusetts and Delaware; 10mg in Maryland) and the minor cannabinoid CBG (5mg). Made with real apples and warm spices for both adult-use and medical cannabis customers, Sweater Weather Betty’s are the ultimate companion for cozy vibes.
READ MORE |
22ND CENTURY GROUP (XXII) SUPPORTS FDA POLICY ADVANCEMENTS, PROPOSED MENTHOL BAN NOW AT OMB
BUFFALO, N.Y., OCTOBER 26, 2023 — 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company focused on utilizing advanced plant technologies to improve health and wellness with reduced nicotine tobacco, hemp/cannabis and hops, announced that it supports the recent move by the US Food and Drug Administration to send final rules aimed at banning menthol in cigarettes and banning flavored cigars to the White House Office of Management and Budget for review, a key regulatory step toward the rules becoming federal policy.
In April 2022, the FDA stated that these proposed policies had the potential to reduce disease and death associated with smoking and support smoking cessation. Stop smoking experts largely agree such policies could save lives and mitigate the creation of new smokers, as well as help to address racial disparities in the harms of smoking. The policy submissions, originally expected earlier this year, are more than a decade in the making. The FDA officially began exploring the concept of a menthol ban in July 2013.
READ MORE |
LIFEIST REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS
FOCUS ON EFFICIENCIES AND DELIVERING HIGH-QUALITY PRODUCTS DRIVES IMPROVEMENTS IN GROSS MARGINS AND COST REDUCTIONS
TORONTO, Oct. 27, 2023 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today reported its financial results for the three months ended August 31, 2023 (“Q3 2023”) compared to the same period last year (“Q3 2022”). All financial figures are in Canadian dollars unless otherwise indicated.
Third Quarter
Net revenue of $4.8 million in Q3 2023 compared to $6.8 million in Q3 2022.
The strategic focus on high margin activities and operational efficiency continues to pay off with gross margins improving to 30% in Q3 2023 compared to 20% in Q3 2022.
Gross profit before inventory adjustment increased slightly to $1.4 million.
Operating costs and professional fees drop 21.4% to $3.1 million in Q3 2023 compared to $3.8 million in Q3 2022.
“Our steadfast commitment to transforming Lifeist into a diversified wellness company with high-margin business units remains on track,” said Meni Morim, CEO of Lifeist. “Our third-quarter performance, while presenting unique challenges, underscores our unwavering dedication to continuous improvement and efficiency. We have shifted our primary focus to gross profit enhancement, rather than simply revenue growth, and together with cost efficiency measures in Q3 2023, such actions yielded promising results. With this strategic shift in focus, we will be better positioned to weather industry fluctuations, foster profitability, and deliver sustainable growth. We look forward to communicating our progress within our business units as we continue to navigate the challenging path forward.”
READ MORE |
LIFEIST TERMINATES AGREEMENT FOR SALE OF AUSTRALIAN VAPES
TORONTO, Oct. 24, 2023 — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough ventures that transform human wellness announces the termination of the share purchase agreement (the “SPA”) entered into on September 17, 2023 with Flora Growth Corp. (NASDAQ: FLGC) (“Flora”) to divest and sell Australian Vaporizers Pty Limited (“Australian Vapes”), its wholly owned Australian subsidiary, to Flora. The transaction and its details were previously disclosed in a news release dated September 18, 2023, a copy of which can be found on SEDAR+ under the Company’s profile. The SPA was terminated, in accordance with its terms, effective October 20, 2023, the agreed-upon closing date for the completion of the transaction, as a result of a certain condition precedent which must be fulfilled at or before the closing not being fulfilled, thereby allowing either party to terminate the SPA, which the Company was obligated to do in the circumstances.
READ MORE |
BELOW ARE THE LINKS TO THE DIRECTORY OF FLORIDA CANNABIS DOCTORS AND
DISPENSARIES IN THE STATE OF FLORIDA |
QUALIFIED PATIENTS OVER 854,000 AND 599 DISPENSING LOCATIONS
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LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
OCTOBER 27, 2023 Report
BY THE NUMBERS Qualified Patients: (Active ID Card):
OCT 27 2023- 854,178 OCT 20 2023- 853,986 OCT 13 2023- 853,150
OCT 06 2023- 851,475 SEPT 29 2023- 848,942 Patients Last Week: 192 Qualified Ordering Physicians: 2,703 New Doctors Last Week: +1 Reporting Period: OCT 20 TO OCT 26 2023
Amount of Medical Marijuana Dispensed - (mgs THC) 314,752,069 Amount of Low-THC Cannabis Dispensed - (mgs CBD) 3,279,347 Amount of Marijuana in a From for Smoking (oz) 104,022.004
Approved Dispensing Locations: 599 GREEN DRAGON - ENGLEWOOD
GTI ( RISE) - CLEARWATER MUV - SATELLITE BEACH TRULIEVE - MARIANNA
ADD LAST WEEK - 4 |
UPCOMING MEETING AND CONFERENCES |
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