2019 Cannabis Business Award's Publication of the Year |
WEDNESDAY, NOVEMBER 15, 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
PROMOTION PACKAGE BY CANNABIS NEWS FLORIDA ARTICLE: Physician will contribute an article of 350 words**. This article will appear in the Cannabis News Florida e-newsletter for one month (4 weeks).
E-MAIL BLAST: Cannabis News Florida will send out one e-mail blast promoting the Physician to the other physicians in three zip code areas or one city to be determined by the Physician. The Physician will supply the information for the email blast. The Article above can be used in the e-mail blast.
The cost of this program is ONLY $500.
**Cannabis News Florida will assign a writer for a telephone interview with the Physician and create the article to be published. Physician shall have the right to review and approve the article before publication for an additional cost of $100.
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 ANNOUNCES NOTICE OF REDEMPTION FOR ALL US$130 MILLION OF ITS 9.75% SENIOR SECURED NOTES DUE 2024
TALLAHASSEE, Fla., November 8, 2023 — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced it has issued a notice of redemption for all of its outstanding 9.75% senior secured notes due 2024 (CUSIP: 89788CAB0 / ISIN: CA89788CAB06) (the “Notes”). The aggregate principal amount of the Notes currently outstanding is US$130,000,000. As set forth in the notice of redemption, the redemption date will be December 1, 2023 (“the Redemption Date”), and the redemption price is 100% of the principal redeemed, plus accrued and unpaid interest up to, but excluding, the Redemption Date. The Notes trade on the Canadian Securities Exchange under the symbol “TRUL.DB.U”. In conjunction with the redemption, the Notes will be delisted from the Canadian Securities Exchange.
On November 8, 2023, a copy of the notice of redemption was issued to record holders. Payment of the redemption price and surrender of the Notes for redemption will be as of December 1, 2023 and will be made through the facilities of Odyssey Trust Co. in accordance with the applicable procedures of the trust indenture governing the Notes and Odyssey Trust Co.
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THE CANNABIST COMPANY HOLDINGS INC. ANNOUNCES VOTING RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS
The Cannabist Company Holdings Inc. Announces Voting Results of Annual General and Special Meeting of Shareholders
NEW YORK—-Nov. 9, 2023– The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that, at the annual general and special meeting (the “Meeting”) of shareholders of the Company (“Shareholders”) that was held on Wednesday, November 8, 2023, all nine nominees for the board of directors of the Company were elected, the voting results of which are as follows:
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AYR CANNABIS DISPENSARY NOW CARRYING KIVA CAMINO GUMMIES IN FLORIDA
MIAMI, Nov. 09, 2023 — AYR Cannabis Dispensary, a cannabis retail chain owned by AYR Wellness, Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today launched Kiva Confections Camino Soft Chews across its network of 62+ Florida dispensaries. The launch follows the Company’s entrance into a three-year, exclusive licensing and retail agreement in Florida with Kiva Confections, a global leader in cannabis edibles.
“I am thrilled that AYR Cannabis Dispensary locations across Florida will now be carrying Camino Soft Chews by Kiva Confections,” said Sevi Borrelli, AYR’s General Manager, Florida. “Our Florida patients have been asking for more options in the edible category, and the Camino brand encapsulates all of the qualities of a top-shelf edible: effective, consistent, and flavor-forward. AYR is the only dispensary carrying Camino Soft Chews in the state and we expect our patients will greatly enjoy this new offering.”
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NEW NAME HOUSE OF PLATINUM CANNABIS |
RED WHITE & BLOOM LAUNCHES PLATINUM® IN OHIO FOLLOWING SUCCESSFUL VOTE FOR ADULT-USE MARIJUANA LEGALIZATION
TORONTO, Nov. 09, 2023 — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is excited to announce its entry into the rapidly growing Ohio cannabis market through the execution of a licensing arrangement with a first mover, vertically integrated Ohio distributor. This strategic partnership allows RWB to leverage the distributor’s retail network to introduce its renowned Platinum Vape cartridges and disposable vapes, available in various formats, across more than ninety licensed retail locations in the state.
Colby De Zen, President of RWB, expressed enthusiasm about the Company’s recent entry into Ohio. “RWB takes great pride in expanding its presence in emerging adult-use markets in the United States. Ohio represents another pivotal entry point for RWB, allowing us to leverage the continually strengthening brand equity of Platinum, which has consistently excelled in the vape categories in neighboring Michigan. RWB remains focused on ensuring that each of its’ expansion efforts are reinforced by well-established licensing partners who recognize the value of premium Platinum cannabis products. These partners contribute to enhancing the consumer experience and also possess the commercial capacity to meet the growing demand for our esteemed Platinum product line, supported by RWB’s targeted marketing efforts.”
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CRESCO LABS COMMENDS OHIOANS ON LEGALIZING ADULT-USE CANNABIS
More than half of the U.S. population now lives in a state with adult-use cannabis
CHICAGO — Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today issued a statement on behalf of its CEO Charles Bachtell following over 56 percent of Ohioans voting to pass adult-use cannabis legalization through state ballot measure. Ohio represents the 24th state to end cannabis prohibition for adults 21 and over and the 15th state to legalize adult-use cannabis by election.
“It is clear when cannabis is on the ballot—people turn out to vote—and we commend the people of Ohio for raising their voices on an important issue that has helped break down barriers of partisanship in states across the country. Now, over 85 percent of the U.S. population lives in a state with some form of legal cannabis, and over 50 percent reside in a state with adult-use cannabis—the tipping point has been reached.
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VERANO ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS
Delivers Record Revenue of $240 Million, Increasing Net Cash Provided by Operating Activities, and Raises and Tightens 2023 Free Cash Flow 1 Guidance Range to $72-76 Million
CHICAGO, Nov. 08, 2023 — Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the third quarter ended September 30, 2023, which were prepared in accordance with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”).
Management Commentary
“I am tremendously proud of the strong results we delivered in the third quarter, highlighted by raising and tightening our free cash flow guidance range and generating record revenue, and the recent strategic elevation of our capital markets strategy by uplisting to Cboe Canada,” said George Archos, Verano Founder, Chairman and Chief Executive Officer. “Our strong performance resulted from key drivers that include another seamless adult use transition in Maryland, the continued expansion of our wholesale business and market-leading positions in Connecticut and New Jersey, successful new product launches and line extensions across our growing brand portfolio, and the addition of new dispensaries to bolster our expanding retail footprint in key states.”
Archos continued: “While we never run our business based on legislative assumptions, we are encouraged by the multi-faceted federal reform efforts surrounding cannabis, and although we remain confident in our ability to continue growing our business in the current environment, we will continue to position ourselves to capitalize on growth opportunities should any federal reforms materialize. I am grateful to our Verano team for their continued efforts to disrupt, innovate and differentiate Verano at every level of our business, and remain excited and confident for our growth prospects in the future.”
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IANTHUS REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS SHOWS LOSS OF $15.6 MILLION
NEW YORK and TORONTO, Nov. 9, 2023 – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCQB: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the third quarter ended September 30, 2023. The Company’s Quarterly Report on Form 10-Q, which includes its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2023 and the related management’s discussion and analysis of financial condition and results of operations, can be accessed on the Securities and Exchange Commission’s (“SEC’s”) website at www.sec.gov, the Company’s SEDAR profile at www.sedar.com, and on the Company’s website at www.iAnthus.com. The Company’s financial statements are reported in accordance with U.S. generally accepted accounting principles (“GAAP”). All currency is expressed in U.S. dollars.
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IANTHUS ANNOUNCES RESULTS FROM ANNUAL GENERAL MEETING
NEW YORK and TORONTO, Nov. 10, 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, is pleased to report the results for the Annual General Meeting of Shareholders of iAnthus held on Thursday, November 9, 2023 at 12:00 p.m. (Eastern Time).
All matters put forward before the iAnthus shareholders (the “Shareholders“) for consideration and approval as set out in the Proxy Statement dated October 5, 2023 were approved by the Shareholders. Specifically, the Shareholders: (i) approved the election of Scott Cohen, Michelle Mathews-Spradlin, Kenneth W. Gilbert, Alexander Shoghi, Richard Proud and John Paterson as directors of the Company; and (ii) approved the appointment of PKF O’Connor Davies, LLP as auditors of the Company.
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NATIONAL AND INTERNATIONAL NEWS |
STATE OFFICIALS DEFEND A FEE HIKE FOR MEDICAL MARIJUANA LICENSE RENEWALS
AN ADMINISTRATIVE LAW JUDGE ISSUED AN ORDER ALLOWING A CHALLENGE BY SANCTUARY CANNABIS TO PROCEED AND GRANTED AN EMERGENCY MOTION TO FORCE HEALTH OFFICIALS TO PROVIDE INFO USED TO CALCULATE THE NEW FEE.
A formula used to set a $1.33 million price tag for medical marijuana license renewals properly carries out state lawmakers’ policy choices, Florida health officials argued as they try to swat down a challenge to the fee.
The Florida Department of Health in December adopted a rule creating a formula for establishing the fee. In doing so, it made license-renewal costs for the state’s medical marijuana operators more than 22 times the $60,000 biennial fee paid since the cannabis program started six years ago.
Sanctuary Cannabis, one of the state’s 24 licensed medical marijuana operators, filed an administrative challenge last month arguing that the fee is “wholly without logic or reason” because it does not take into account tens of millions of dollars from patients who pay $75 a year for identification cards to participate in the program.
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BELOW ARE THE LINKS TO THE DIRECTORY OF FLORIDA CANNABIS DOCTORS AND DISPENSARIES IN THE STATE OF FLORIDA |
QUALIFIED PATIENTS OVER 855,000 AND 603 DISPENSING LOCATIONS
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LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
NOVEMBER 13 2023 Report
BY THE NUMBERS Qualified Patients: (Active ID Card):
NOV 13 2023- 855,965 NOV 03 2023- 855,267 OCT 27 2023- 854,178
OCT 20 2023- 853,986 OCT 13 2023- 853,150 Patients Last Week: 698 Qualified Ordering Physicians: 2,723 New Doctors Last Week: +12 Reporting Period: NOV 3 TO NOV 9 2023
Amount of Medical Marijuana Dispensed - (mgs THC) 310,532,425 Amount of Low-THC Cannabis Dispensed - (mgs CBD) 2,617,739 Amount of Marijuana in a From for Smoking (oz) 109,620.434
Approved Dispensing Locations: 602 ADD LAST WEEK - 1
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UPCOMING MEETING AND CONFERENCES |
Presenters: Daniel Sparks, Founder, Sparks Consulting Matthew Ginder, Partner, Greenspoon Marder Amanda Barton, Partner, Mr Cannabis Law Vijay Choksi, Cannabis Counsel, Fox Rothschild LLP DATE: NOVEMBER 16, 2023 TIME: 4:20PM |
ADVERTISEMENT OPPORTUNITIES
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Join the Cannabis News Florida force online and in print. We offer several marketing options to fit all budgets:
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