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APRIL 26 2023 SPECIAL LEGISLATIVE UPDATE THE "FLORIDA MEDICAL CANNABIS
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NEWS FROM THE PAST WEEK RELATING TO THE BUSINESS OF CANNABIS IN FLORIDA Click on Company Logo to be Transferred to Web Site |
COLUMBIA CARE LAUNCHES NEW COLLABORATION WITH MINORITY-OWNED EDIBLES COMPANY, BUTACAKE Initial launch includes various cookie and brownie flavors at all three Columbia Care Delaware locations and via wholesale distribution
April 20, 2023 – NEW YORK– Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced its collaboration with the minority-owned baked goods and infused edibles company, ButACake. The initial launch includes Peanut Butter & Jelly brownies as well as ChocoChunk and Oatmeal Raisin cookies at all three Columbia Care Delaware locations in Wilmington, Smyrna and Rehoboth Beach. The relationship will expand to additional markets, pending regulatory approvals.
“This is an amazing opportunity to bring a unique product to our patients, as we know that edibles are becoming a more popular way to consume cannabis discretely, giving our patients more control around dosing, and as an alternative to smoking. Our goal is to provide these options to our patients who have a wide variety of needs and preferences. We know that our collaboration with ButACake will be wildly popular with our patients, especially because Matha Figaro and her team at ButACake bake the most delicious cookies with the most unique flavors. We can’t wait to see this partnership grow,” said Volley Hayhurst, VP Operations, Columbia Care.
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MINOR REDUCTIONS IN REVENUE OF APPROXIMATELY 1.25% AND 0.75% FOR 2021 AND 2022, RESPECTIVELY
April 19, 2023 — Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) (“Curaleaf” or the “Company”), announced today that the Audit Committee of the Company’s Board of Directors (the “Audit Committee”), with the assistance of outside counsel and consultants and in discussion with the Company’s auditors, has been conducting, after internal review by management, a review of certain purchases and sales of products through the Company’s wholesale channel to determine whether they had commercial substance, and to confirm the timing and appropriateness of the recognition of revenue from those transactions, mainly in the last quarter of 2021 and the first and second quarters of 2022.
Further to this review, the Company has determined that it will make certain adjustments to the revenue figures reported in its previously issued (i) audited annual consolidated financial statements for the fiscal year ended December 31, 2021 (the “2021 Annual Financial Statements”) and (ii) unaudited interim consolidated financial statements for the first, second and third quarters of the fiscal year ended December 31, 2022 (collectively, the “2022 Interim Financial Statements”), as well as other related flow through adjustments.
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RYTHM CANNABIS BRINGS LP GIOBBI’S “DEAD HOUSE” AFTER-PARTY TO CHICAGO LP Giobbi to Perform Dead & Company Official After-Show at the Metro on June 9th
CHICAGO and VANCOUVER, British Columbia, April 25, 2023 — Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF), a national cannabis company and owner of RISE Dispensaries, today announced the upcoming official Dead & Company after-party in Chicago, featuring rising artist LP Giobbi. Presented by RYTHM, the nation’s leading premium cannabis brand, the after-party will take place on Friday, June 9th at the Metro on Clark Street, which is close to Wrigley Field in Chicago. Tickets can be purchased at lpgiobbi.com.
The after-party will follow Dead & Company’s Friday night performance at Wrigley Field, with a portion of proceeds from the event supporting Femme House. Femme House was co-founded by Giobbi to help foster more equitable opportunities in the music industry for women and gender-expansive individuals.
“LP Giobbi is an acclaimed producer and DJ whose music has brought together Grateful Dead and House fans,” said Green Thumb Founder, Chairman and Chief Executive Officer Ben Kovler. “Cannabis and music are the basis of the RYTHM brand, and we are proud to bring Dead House to Chicago while supporting an important organization like Femme House.”
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NEW NAME HOUSE OF PLATINUM CANNABIS |
IANTHUS ANNOUNCES APPOINTMENT OF DIRECTOR April 21, 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, announces that John Paterson has been appointed to the board of directors of the Company (the “Board“) and the Audit Committee of the Board, effective April 20, 2023.
Mr. Paterson is currently owner and member of the board of one of Canada’s largest privately owned diagnostic imaging companies. Mr. Paterson began his professional career as a commercial lawyer in Toronto and Singapore, before transitioning into the finance industry where he was employed by a Wall Street-based investment bank as an executive in its principal finance and credit businesses in the United Kingdom, Brazil and various countries throughout Asia. Following his tenure with the Wall Street investment bank, Mr. Paterson worked in an advisory role to a prominent bank in Canada as well as to a large pension fund. Mr. Paterson has extensive experience in business and financial restructurings, mergers and acquisitions, corporate financings and business strategy and has been advising on restructuring and direct investment transactions in the cannabis industry in the United States since 2019.
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GREEN DRAGON ADDS SIX ADDITIONAL MEDICAL CANNABIS DISPENSARIES IN FLORIDA AND LAUNCHES FLOWER FROM NEW GROW
April 2023 – Green Dragon, a subsidiary of multi-state cannabis operator Eaze Technologies Inc., announced the opening of six new Florida medical cannabis dispensaries in Jacksonville, St. Petersburg, Madison, South Pasadena, Orange City, and Orlando. Green Dragon will have 28 medical marijuana dispensaries across the state, continuing its expansion in the Florida market with the goal of opening 50 locations by the end of the year.
Green Dragon’s new stores coincide with the launch of its new flower with an expanded strain variety from the first harvest at its state-of-the-art cultivation fac ility in Palatka. The vertically integrated company now offers a full assortment of premium cannabis products, including flower, vape cartridges, concentrates, tinctures, and tablets.
Cory Azzalino, Chief Executive Officer of Eaze and Green Dragon, said, “We are excited to open six new locations alongside the release of our new, high potency strains, which are bestsellers in Colorado. Our new products represent the best value for indoor flower in the Florida market, which, paired with our 28 locations, provides unparalleled access to fairly priced high-quality products. We are also releasing our highly anticipated 1G vaporizers, gummy edibles, pills, and lotion.”
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NATIONAL AND INTERNATIONAL NEWS |
PERVASIP ANNOUNCES ENTRY INTO $1.1B OREGON RECREATIONAL CANNABIS MARKET
Seattle, April 19, 2023 — Pervasip Corp. (OTCPK: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and its wholly owned subsidiary, Artizen Corporation, today announced its expansion into the Oregon recreational cannabis market.
The Oregon cannabis market has seen tremendous growth over the past few years with sales reaching $1.1 billion in 2021. The state is home to more than 1,300 licensed cannabis businesses including growers, processors, dispensaries, and labs. The market presents a significant opportunity for Artizen to expand its business and offer its services to a growing customer base.
Rather than licensing the Artizen brands to an in-state operator, Artizen is entering the market with a wholly owned subsidiary, Artizen Oregon. The company plans to leverage its cultivation and distribution expertise to operate a modern grow and processing facility in Ashland, an agricultural center in southern Oregon. The company strongly values the geographically situated area, located half-way between Washington and California, as beneficial for any future interstate operation. Working with local partners, Artizen has been developing a plan for several months for growing and distributing its well-known products.
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DELTA 9 ANNOUNCES 2ND YEAR OF OPERATION OF MOBILE CANNABIS STORE TO MARK 4/20 CANNABIS HOLIDAY
WINNIPEG, Manitoba, April 20, 2023 — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce it is in its second year of operation for its mobile store and has expanded its summer schedule to attend four music festival and events with several additional events still pending. Delta 9 has plans to attend between 8-10 events this season in 2023.
In 2022 Delta 9 became the first company to launch a mobile cannabis store in Canada, licensed by the Liquor Gaming and Cannabis Authority of Manitoba (“LGCA”) to sell cannabis on-site at major Manitoba festivals. In 2023 the Company’s mobile store plans to attend the 2023 Dauphin Countryfest, Rockin the Fields Minnedosa music festival, Super Spike Volleyball Tournament and Real Love Summerfest, along with other events which have yet to be finalized.
“We are very excited to be given the opportunity to sell Delta 9 cannabis through our mobile retail store at major music festivals and events this summer in Manitoba,” said John Arbuthnot, CEO of Delta 9. “Whether you are a cannabis retailer, budtender, or someone who simply enjoys cannabis, chances are Delta 9 has been part of your story in Manitoba over the last 5 years. While many enjoy the plant every day, 4/20 is a single day to celebrate cannabis legalization in Canada. Where better to do so than at your local Delta 9 Cannabis Store or throughout the summer at some major music festivals or events at our mobile store.”
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CHRISTINA LAKE CANNABIS PROVIDES CORPORATE UPDATE AND NEW PRODUCT LAUNCHES VANCOUVER, British Columbia, April 20, 2023 — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) is pleased to provide the following corporate updates. Distillate capacity increased by 75%. 2022 crop demonstrated meaningful increase in mg of THC per kg of biomass. 2023 crop preparation ahead of schedule. First shipment of medical oils to South Africa planned for fiscal Q3’23. Addition of customized formulation capabilities. New product diversification to enable Contract Manufacturing Operation (CMO) activities: Pre-Rolls Infused Pre-Rolls Kief Hash
Infused Hash
“Fiscal 2023 began with well-publicized headwinds and heightened market competition across the Canadian cannabis industry. Advanced planning has led CLC to be in the position to capitalize on new opportunities in challenging market conditions,” said Mark Aiken, Chief Executive Officer of Christina Lake Cannabis. “We have introduced a variety of strategic diversification opportunities which will play a pivotal role in driving increased sales. Combining our leading-edge technology with our expertise in formulations and cannabinoid customization, has allowed us to create turnkey product solutions such as pre-rolls, infused pre-rolls, kief, hash, infused hash, medical oils, custom distillate formulations and infused flower for our clients. Alongside these new product offerings, we have continued to expand our geographic reach and increase our capacity to drive meaningful revenue growth, strengthening our competitive advantage with a goal of delivering long term shareholder value.”
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GRN HOLDING CORPORATION CONTINUES TO EXECUTE BUSINESS PLAN WITH ACQUISITION OF CALIFORNIA CORPORATION WITH MULTIPLE CANNABIS LICENSES
ESTERO, Fla., April 20, 2023 — GRN Holding Corporation, Inc. (OTC Pink: GRNF) is pleased to announce that they have completed the purchase of Mendocino Green Inc, which includes a cultivation license, nursery license and distribution license from one of the oldest cannabis license holders in California.
With the consummation of this acquisition, the Company filed a supplemental report with OTC Markets to remove the shell status symbol from the OTC Markets webpage. The removal of this designation will take the Company one step closer to its previously announced plans for Corporate Restructuring. Click here to learn more: GRN Holding Corporation Signs Letter of Intent for Corporate Restructuring and GRN Holding Corporation Announces Name Change to Marijuana Inc.
Donald Steinberg, the Company’s CEO, commented “This acquisition of Mendocino Green Inc, which includes cultivation, nursery, and distribution license for California, allows us to expand our footprint in the Cannabis market. This purchase directly impacts the success of the VivaBuds launch in Los Angeles.”
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JUSHI HOLDINGS INC. ANNOUNCES CHANGE OF AUDITOR BOCA RATON, Fla., April 20, 2023 — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced today that it dismissed its auditor Marcum LLP (“Marcum”) on April 19, 2023 and engaged Macias Gini & O’Connell LLP as its new auditor effective April 20, 2023.
Marcum’s dismissal was not the result of any disagreement between the Company and Marcum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. There are no “reportable events” (as the term is defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the Company and Marcum. The Company will file a Current Report on Form 8-K on EDGAR and SEDAR with further details relating to the change of auditor.
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CANNABIDIOL MARKET SIZE 2023-2030: GLOBAL ANALYSIS BY TYPE, PRODUCT, SALES, REGION, COMPETITIVE LANDSCAPE, END-USE OUTLOOK, OVERVIEW, SUPPLY AND DEMAND SIDE ANALYSIS
Delvens published an exclusive market intelligence report, titled “Global Cannabidiol Market”, Revenue, and Share & Trends Analysis Report by Type (Marijuana-Based, Hemp Based), by Product Type (Original, Blend), by Sales (Business to Business (B2B), Business to Consumer (B2C), Hospital Pharmacies, Online Stores, Retail Stores), by End-Use Outlook, Supply & Demand Side Analysis, and Segment Forecasts, 2023-2030.
City of Boardman, April 24, 2023 (GLOBE NEWSWIRE) — The global market for Cannabidiol is expected to reach $4.14 billion by 2030 from $1.92 billion in 2021, registering impressive expansion at a compound annual growth rate (CAGR) of 9.7%. Some of the major players are ENDOCA; Cannoid, LLC; Medical Marijuana, Inc.; Folium Biosciences; Elixinol; NuLeaf Naturals, LLC; Isodiol International, Inc.; Pharmahemp d.o.o.
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THE PATENT COOPERATION TREATY (PCT) PROVIDES POSITIVE OPINION ON BYND CANNASOFT’S AI-BASED FEMALE TREATMENT DEVICE
BYND Cannasoft Subsidiary Zigi Carmel Initiatives & Investments LTD. received a positive opinion from the examiner of the PCT for its method that enables its AI-based device to identify a level of satisfaction according to parameters received from the device sensors
ASHKELON, Israel and VANCOUVER, British Columbia, April 25, 2023 — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) announced today it has received a positive opinion from the Patent Cooperation Treaty (PCT) for its Artificial Intelligence (AI) Sex Tech-based Female Treatment Device. Along with its EZ-G device, the company plans to develop its groundbreaking AI-based adult device that incorporates machine learning algorithms based on user response to stimulation. The device will provide users with a personalized experience that meets various needs related to sexual pleasure, pain management, and medical conditions. BYND Cannasoft plans to move quickly toward monetizing any patents awarded to take advantage of the burgeoning trend in the global AI market, which is estimated to expand at a compound annual growth rate (CAGR) of 39.4 percent to reach USD 422.37 billion by 2028.
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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 807,000 AND 559 DISPENSING LOCATIONS |
LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from APRIL 14, 2023 Report BY THE NUMBERS Qualified Patients: (Active ID Card): APR 14 2023- 807,438 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
Patients Last Week: 1,947 Qualified Ordering Physicians: 2,494 New Doctors Last Week: - 1` Reporting Period: APR 7- APR 13 2023
Amount of Medical Marijuana Dispensed - (mgs THC) 282,792,497 Amount of Low-THC Cannabis Dispensed - (mgs CBD) 3,020,377 Amount of Marijuana in a From for Smoking (oz) 100,267.313 Approved Dispensing Locations: 559 ADD LAST WEEK +4
CURALEAF - BOCA RATON GREEN DRAGON - MADISON & ORLANDO
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