2019 Cannabis Business Award's Publication of the Year |
WEDNESDAY, SEPTEMBER 27, 2023 |
FMCPG HAS BEEN SERVING AND REPRESENTING THE CANNABIS PHYSICAN COMMUNITY
SINCE 2020 |
REGISTER FOR THE NEXT MEETING WEDNESDAY, OCTOBER 3, 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 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 PURCHASE OF 8% SENIOR SECURED NOTES DUE 2026
September 21, 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 the open market purchase of 57,000 of its USD $1,000 face value senior secured notes due October 6, 2026 (the “Notes”) for a purchase price of USD $47.6 million, which represents a 16.5% discount to par, plus accrued interest. The Notes trade on the Canadian Securities Exchange under the symbol “TRUL.NT.U”.
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TRULIEVE OPENING MEDICAL CANNABIS DISPENSARY IN EVANS, GEORGIA
Company celebrates grand opening and expands access to low-THC products for patients in the Augusta metropolitan area
September 22, 2023 – Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the United States, announced the grand opening of a new medical cannabis dispensary located at 4218 Washington Road in Evans, GA.
The Evans dispensary will be Trulieve’s fifth in the state, offering registered patients in Georgia’s medical cannabis program products derived from low-THC oil, the only form of medical cannabis currently legal in Georgia. The location is Trulieve’s first in northeast Georgia, giving patients in the greater Augusta area from Columbia, Richmond, Lincoln, and Burke counties better access to low-THC products.
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THE CANNABIST COMPANY ANNOUNCES CLOSING OF US$25 MILLION PRIVATE PLACEMENT
September 21, 2023 – The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CCHWF) (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 the closing of the previously announced private placement (the “Offering”) with institutional investors (the “Investors”), for the purchase and sale of 22,244,210 units of the Company (the “Units”) at a price of C$1.52 per Unit (the “Issue Price”), for aggregate gross proceeds of approximately C$33.8 million or approximately US$25 million (the “Initial Tranche”).
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GREEN THUMB INDUSTRIES ANNOUNCES APPOINTMENT OF NEW BOARD MEMBERS
Richard Reisin, former Executive Vice President and Director at Carylon Corporation, and Hannah (Buchan) Ross, Chief Operating Officer at Edie Parker, join Board of Directors
September 21, 2023 — Green Thumb Industries Inc. (“Green Thumb” or “the Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today announced that Richard Reisin and Hannah (Buchan) Ross have been appointed to its Board of Directors (“the Board”) as independent members, effective September 20, 2023. Reisin will serve on the audit committee and Ross will serve on the audit and compensation committees of the Board. The appointments bring the Company’s Board of Directors to a total of nine members.
“We are thrilled to expand our Board and welcome Richard and Hannah to the team,” said Green Thumb Founder, Chairman and Chief Executive Officer, Ben Kovler. “Richard has extensive experience in operations, legal, finance and accounting, while Hannah brings deep expertise in branding, capital markets, investments, finance, and operations with a focus on the cannabis industry. Both individuals will bring valuable insights and perspectives to the Board, and we look forward to the positive impact they will have on the business as we prepare for the future of cannabis in the United States including a potential listing on a major U.S. exchange.”
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NEW NAME HOUSE OF PLATINUM CANNABIS |
CRESCO LABS EXPANDS FLORIDA BRAND PORTFOLIO WITH LAUNCH OF FLORACAL AND CRESCO LIVE ROSIN AND FLOWER PRODUCTS
September 21, 2023 — 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 announced the expansion of its brand portfolio in Florida to include the FloraCal and Cresco brands. The Company will roll out FloraCal flower, pre-rolls, live rosin concentrates and live rosin chews as well as Cresco flower and pre-rolls at Sunnyside dispensaries starting next week and throughout the fall.
“We continue to invest in one of our core markets, Florida, by bringing more of our best-in-class products to our Sunnyside shoppers,” said Charlie Bachtell, CEO and Co-founder of Cresco Labs. “A growing number of patients are looking for more premium quality flower options and live rosin products—which is exactly what our FloraCal and Cresco brands offer. We’re incredibly proud of our Operations team, which has a proven record of successfully expanding our company’s consistency and quality standards across markets, while also scaling operations.”
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IANTHUS ANNOUNCES THIRD MEDICAL CANNABIS DISPENSARY AND GRAND OPENING OF NEW JERSEY ADULT USE DISPENSARY
NEW YORK and TORONTO, September 26, 2023 – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company“) (CSE: IAN) (OTCPK: ITHUF), a leading national cannabis consumer packaged goods company and owner of MPX-NJ dispensaries, is pleased to announce the opening of medical sales at MPX-NJ in Pennsauken, NJ and the grand opening celebration at MPX-NJ’s Gloucester Township, NJ for adult use sales. The opening of its Pennsauken, NJ dispensary gives iAnthus three (3) locations in New Jersey and 36 across the United States.
This expansion not only amplifies iAnthus’ commitment to providing premium cannabis products to the New Jersey market but also strengthens its foothold in the state’s thriving cannabis industry. “We are thrilled to open the dispensaries of MPX-NJ Pennsauken and MPX-NJ Gloucester Township, as we continue our commitment to bringing high quality products and exceptional patient-focused experiences to the communities across New Jersey,” said Richard Proud, CEO of iAnthus. “The cannabis landscape in New Jersey is rapidly evolving, and we are excited to be at the forefront.”
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NATIONAL AND INTERNATIONAL NEWS |
TREEZ ANNOUNCES MULTIPLE ADVANCEMENTS IN FINTECH OFFERINGS FOR CANNABIS RETAILERS
TreezPay One Application – A streamlined online application process that allows retailers to apply and get expedited approval for multiple compliant TreezPay cashless payment products, including integrated card and direct ACH payment solutions.
Treez launches general availability of its proprietary ACH payments product, Swifter ACH Payments, to streamline financial services with fully compliant digital payment solutions.
PayLater Embedded Financing, a tech-enabled, integrated lending service, is now available exclusively and directly through the Treez platform providing instant offers, including up to $10,000 in funding with zero initial fees.
SAN FRANCISCO, Sept. 26, 2023 — Treez, the leading enterprise commerce technology platform that helps retailers accelerate revenue growth, drive better operational efficiency, and increase profits, today announced multiple advancements in financial offerings for their cannabis retail customers: TreezPay One Application, the launch of Swifter ACH Payments and PayLater Embedded Financing. These enhanced financial service offerings from Treez give retail dispensaries additional tools to help grow their business and normalize their consumer experience both online and in-store. All three updates to the robust Treez enterprise platform are now available to existing and future Treez customers.
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CANNABIS INDUSTRY LEADERS LAUNCH ‘CANNABIS ONECLICK’ TO CONNECT CANNABIS AND HEMP OPERATORS WITH TOP-RATED SERVICE PROVIDERS
NEW MARKETPLACE HELPS LICENSEES IDENTIFY THE BEST SERVICE PROVIDERS THE SECTOR HAS TO OFFER
DENVER, September 26, 2023 – Simplifya, the leading regulatory and operational compliance software platform serving the cannabis industry, Ceylon Solutions, a software development company serving the cannabis industry, and Shield Compliance, which offers a comprehensive BSA/AML compliance management platform for cannabis banking, announced the launch of Cannabis OneClick, a marketplace for licensed cannabis and hemp operators to quickly and easily find the top-rated and most experienced service providers in the industry. The services available on the Cannabis OneClick platform include banking, insurance, legal, compliance, payroll, delivery, cash logistics, point-of-sale, software development, and search engine optimization.
All service providers listed in the marketplace have been brought on via invitation or through a highly vetted application process. This guarantees a trusted network for operators, and peace of mind knowing they are sourcing the most proven and reputable vendors. In addition, OneClick is designed to save licensees both time and money. Each OneClick vendor is required to provide rates and discounts not available anywhere else. Additionally, operators can easily store their information within the platform to leverage when searching for numerous services.
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URBAN-GRO, INC. AWARDED CONTRACT FOR MORE THAN $11 MILLION OF DESIGN-BUILD SERVICES WITH EXISTING CLIENT IN THE HOSPITALITY & RECREATION SECTOR
LAFAYETTE, Colo., September 26, 2023 — urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company was awarded a new contract with an existing client in the hospitality and recreation sector in the Southeast region of the United States. The contract scope includes architecture, design, engineering, and construction management services in the initial amount of more than $11 million and will be predominantly realized over the next six quarters.
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LIFEIST’S MIKRA INTRODUCES INNOVATIVE NEW MENTAL HEALTH PRODUCT AND PROVIDES CORPORATE UPDATE
MIKRA IN DEVELOPMENT FOR AN INNOVATIVE PRODUCT AIMED AT SUPPORTING MENTAL HEALTH
TORONTO, September 26, 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, is pleased to provide a corporate update for its U.S. biosciences subsidiary Mikra Cellular Sciences Inc. (“Mikra”) including the development of a new and proprietary supplement aimed at supporting the mental health issue of anxiety. Mikra is pushing biosciences beyond the expected with the belief it is possible to add more valuable, enjoyable years to your life through rebuilding and protecting your cellular health.
“We are pleased to share an update on the continued progress of our U.S. biosciences subsidiary, Mikra Cellular Sciences Inc.,” said Meni Morim, CEO of Lifeist. “Mikra’s mission is to enhance vigorous lifespan and well-being by focusing on cellular health. Toward that goal, we have developed a new supplement to help support mental wellness, a pressing global concern. We are building off the success of our flagship product, CELLF which utilizes bioactive compounds to impact various bodily systems, reflecting our commitment to evidence-backed innovation. CELLF’s availability on Amazon marks a significant expansion of distribution channels, with initial sales showing promising growth. We look forward to sharing more details about our new mental health product as we work to finalize the lab formulation in the 4th quarter.”
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CANOPY GROWTH ANNOUNCES PRIVATE PLACEMENT OF UP TO US$50 MILLION
SMITHS FALLS, ON. September 18, 2023 — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today announced that it has entered into subscription agreements (the “Subscription Agreements”), dated September 18, 2023, with certain institutional investors (the “Investors”) in a private placement offering (the “Offering”) of 22,929,468 units (“Units”) at a price per Unit of US$1.09 for aggregate gross proceeds of approximately US$25,000,000. The Investors also hold an over-allotment option to acquire up to an additional 22,929,468 Units at a price per Unit of US$1.09 for aggregate gross proceeds of US$25,000,000 at the discretion of the Investors at any time on or before November 2, 2023 (the “Over-Allotment Option”).The purpose of the offering is to provide the Company with additional liquidity of up to US$50MM to further strengthen Canopy Growth’s financial position and is expected to be used for working capital and other general corporate purposes.
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TILRAY’S BEST-SELLING BEERS MAKE LANDFALL AT ATLANTIS, BAHAMAS
Montauk Brewing and SweetWater Brewing’s Beers Now Available at the Resort’s Top Dining Locations
NEW YORK, September 20, 2023 — Tilray Brands (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, announced today that two of its best-selling craft beer brands, Montauk Brewing Company (“Montauk Brewing” or “Montauk”), the leading and fastest-selling craft brewer in Metro New York1 and SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the ninth largest craft brewer in the U.S., are now available at Atlantis resort, on Paradise Island in the Bahamas, and will be available soon at additional locations across the Caribbean.
Tilray’s expansion into the popular tourism destination will be led by Montauk’s year-round favorite, Wave Chaser India Pale Ale (IPA), and SweetWater’s 420 Extra Pale Ale (EPA), two cornerstones of its craft beer portfolio, which also includes Green Flash Brewing and Alpine Brewing.
“Refreshing and easy drinking, SweetWater 420 and Montauk Wave Chaser were both inspired by the water and brewed to be enjoyed in the sun. Both of these delicious brews fit perfectly in the Caribbean, whether you’re unwinding with your favorite beer from the U.S. or looking to try something new,” said Ty Gilmore, President of U.S. Beers for Tilray.
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UNRIVALED BRANDS CONTINUES ITS RISE IN THE CANNABIS INDUSTRY: RANKED #8 MOST PROFITABLE AND #19 MOST CREDIT WORTHY AMONG U.S. AND CANADIAN PEERS
SANTA ANA, Calif., September 22, 2023 — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a cannabis company with operations throughout California, is pleased to announce that Viridian Capital Advisors released an updated Credit Summary and Ranking Report as of September 15, 2023, on which Unrivaled Brands was listed as the 8th most profitable cannabis company among its U.S. and Canadian publicly traded peers. It was also listed as having the 19th best credit rating amongst its peers. The rankings follow Unrivaled’s having surpassed a total market cap of $20.0 million.
Unrivaled’s unlikely path to inclusion in the rankings comes only 12 months after Sabas Carrillo and a turnaround team of executives took the helm of a company that was on the brink of receivership, facing aggressive litigation, and significant debt.
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UNRIVALED BRANDS SETTLES LITIGATION BROUGHT AGAINST INSURER AND BROKER, REAFFIRMS FOCUS ON MARKET OPPORTUNITIES
September 21, 2023 — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a cannabis company with operations throughout California, is pleased to announce the resolution of litigation with National Fire & Marine Insurance Company (“National Fire”) and Woodruff-Sawyer & Co. (“Woodruff-Sawyer”). Unrivaled alleged in the litigation that it had improperly been denied insurance coverage under a National Fire policy Unrivaled had obtained through its insurance broker, Woodruff-Sawyer.
Robert Baca, Unrivaled’s Chief Legal Officer, noted, “This settlement follows closely on the heels of the settlement agreement reached with Mystic Holdings, Inc. Our history of resolving complex legal matters reflects our resilience and commitment to strategic thinking. While we remain open to reasonable dialogue and solutions, it’s worth acknowledging that our recent legal settlements underscore our broader capabilities.”
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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 846,000 AND 590 DISPENSING LOCATIONS
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LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
SEPTEMBER 22, 2023 Report
BY THE NUMBERS Qualified Patients: (Active ID Card):
SEPT 22 2023 - 846,585 SEPT 15 2023- 845,249 SEPT 8 2023- 844,148
SEPT 1 2023 - 842,512 AUG 25 2023- 841,580 Patients Last Week: 1,336
Qualified Ordering Physicians: 2,661
New Doctors Last Week: 12 Reporting Period: SEPT 14 TO SEPT 21 2023 Amount of Medical Marijuana Dispensed - (mgs THC) 320,911,640
Amount of Low-THC Cannabis Dispensed - (mgs CBD) 2,601,612
Amount of Marijuana in a From for Smoking (oz) 101,118.325 Approved Dispensing Locations: 590 ADD LAST WEEK - 0 |
UPCOMING MEETING AND CONFERENCES |
CLAB CANNA WELLNESS CORPORATE RETREAT |
IT'S TIME TO SHOW THE HEALTHCARE COMMUNITY HOW YOU HELP THEIR PATIENTS PARTICIPATE IN
SFHHA ANNUAL GOLF TOURNAMENT |
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