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Isracann Raises C$10.1 Million in Bid to Supply European Market with Israeli Cannabis
The global cannabis industry is projected to be worth nearly $150 billion by 2025, according to Grand View Research, driven by the liberalization of cannabis laws around the world. Many investors have been focused on North America given Canada’s move to legalize recreational use and the growing number of states doing the same. However, Europe’s […]
Supreme Cannabis Revenue Soars 382% to $10M Amid Ongoing Expansion
The Supreme Cannabis Co. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) reported fiscal third quarter revenue that soared 382% year-over-year and 29% sequentially to $10 million. The gains were largely due to a 63% increase in recreational cannabis sales. “Revenue growth was driven by an increase in our capacity at the 7ACRES facility, a ramping up […]
Is Sustainable Cannabis Farming Possible?
Farming, in general, is pretty resource intensive. Cannabis farming can be even more so. One study from 2012 estimated that indoor cannabis cultivation accounted for 1% of the total electricity used in the United States, representing about $6 billion in annual expenditures. That study was done before the wave of legalization hit the US. In […]
Distribution, Brands, and Revenue Growth are Key for Emerging Cannabis Companies
As the legal cannabis market matures across North America, the story is slowly turning from potential to reality. Companies are being examined more closely than ever to gauge which ones have staying power, which ones are executing on long-heralded plans, and which ones are actually creating revenue from whatever it is they are selling. There […]
Emerald’s ultra-pure SYNC 25 CBD oil fills significant need in BC’s recreational marketplace, offering a non-THC, smoke-free alternative VANCOUVER, British Columbia, May 17, 2019 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) has shipped 6,000 40 ml units of its SYNC 25 CBD oil to the British Columbia Liquor Distribution Branch […]
Halo Labs Revenue Triples After Expansion into California & Nevada
Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) revenue tripled to more than $8.7 million after launching cannabis oil and concentrate operations in California and Nevada. The company’s California operations generated $5,324,396 in revenue; it’s Nevada-based business generated $514,365 in revenue; and its existing Oregon operations reported a 32.8% increase in revenue to $2,168,975 for the […]
Supreme Cannabis’ 7ACRES Facility Approved for Additional 50,000 Square Feet of Production Capacity
Licensed space at 7ACRES increases to 230,000 sqft. Target annual production capacity is estimated to increase by 28% to approximately 33,580kg. Supreme Cannabis expects to submit additional rooms for Health Canada approval in the near term. TORONTO, May 13, 2019 /PRNewswire/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]
Grown Rogue Talks Growth Strategy in Exclusive Interview
Multi-state operators, or MSOs, have become increasingly common across the United States given their economies of scale. With the industry’s relatively easy access to capital, many of these MSOs have bought up assets at all costs to rapidly build a footprint. Investors may want to avoid some of these companies and seek out those that […]
Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the first quarter ended March 31, 2019. Entry into the California market fueled significant growth as revenues these three months were $8,718,503 representing a 302% year on year increase (three months to March 31, 2018: […]
Northern Lights Organics Advances CBD Hemp Operations
Organic Hemp Farm Provides Detailed Update on Certified Organic CBD Results as Canadian Market Prepares to Expand VANCOUVER, BC / ACCESSWIRE / May 9, 2019 / Weekend Unlimited Inc. (“Weekend” or the “Company”) (CSE: POT – FSE: 0OS1 – OTCQB: WKULF) is pleased to provide an update on the advancement toward full scale production on its […]
Halo Labs Improves Transparency with Move to OTCQX
Many Canadian cannabis companies trade on the OTC Markets rather than a national exchange due to restrictive U.S. cannabis regulations and higher costs. While many U.S. investors have access to OTC-listed securities, there is a wide range of transparency levels that can impact investment decisions and liquidity. The OTCQX® is the highest tier of the […]
FSD Pharma Investments Pay Off Amid ‘Robust Expansion’ at Ontario Facility
FSD Pharma’s strategic investment portfolio valued at $18 million after a market-to-market unrealized gain of $10 million. Management remains tightly focused on ’robust expansion’ plan at its Cobourg, Ontario facility under the leadership of Dr. Sara May. Balance sheet includes $22 million in cash, as of December 31, 2018, with total net assets in excess […]
MediPharm Labs Executing on International Cannabis Extracts Strategy
Canadian companies have a bit of a head start on those from other countries where the legal cannabis framework is not as comprehensive or advanced. In many ways, countries around the globe look to Canada as a model. In fact, Australia has basically adopted Canadian medical regulations and is a few years behind Canada in […]
Yield Growth’s New Subsidiary, Wright & Well, Positioned to Disrupt the Wellness Market
The Yield Growth Corp. (CSE: BOSS) has proven itself a serious contender in the legal cannabis market, and will be a particularly exciting candidate to follow as the industry continues to evolve from just flower to other cannabis based products. Yield Growth’s flagship brand, Urban Juve, produces exceptional wellness and beauty items, rooted in ancient […]
Halo Expands Branded Products & Launches Hemp CBD Products
The cannabis industry is projected to reach $146.4 billion by 2025, according to Grand View Research, driven by the legalization of recreational cannabis across a growing number of states and countries. While there are many different opportunities in the space, there are only a handful of companies that have proven their ability to generate significant […]
TransCanna Acquires Massive Vertically Integrated Cannabis Facility in California
California’s cannabis industry is projected to generate more than $6.5 billion in annual revenue by 2020, according to New Frontier Data and Arcview Market Research, which represents a 23.1% compound annual growth rate. Many companies are racing to build their production footprint, introduce new brands, expand distribution, and open new dispensaries, but few have reached […]
The Spotlight Shines on CFN Media’s Clients at The O’Cannabiz Awards
The O’Cannabiz Conference and Expo is coming to Toronto on April 25, bringing together thousands of cannabis experts and brands. Ricki Lake, Montel Williams, Jacqui Childs, Henry Rollins and other famous personalities will be featured speakers at the High Canada Magazine #1 Cannabis Event in Canada, while investors can learn about topics ranging from policy […]
Why Women, the Fastest Growing Consumers of Cannabis, are the Demographic to Watch
Although women control around $30 trillion in annual spending, the majority of companies often ignore this powerhouse of a demographic. Millennial women in particular tend to enjoy an above-average household income, and have been estimated to represent a $170 billion dollar market. Despite being a newer industry with a keen ability to identify exciting new […]
Helix Sees Triple-Digit Growth as It Looks to Expand in California
The global cannabis industry is projected to surpass $146.4 billion in revenue by 2025, according to Grand View Research, with the U.S. fueling much of that growth. While many investors are focused on cultivation and extraction, these businesses involve a high capital expenditure and could end up producing a commoditized product. Investors may want to […]
Why Branding Matters in the Cannabis Industry
The global cannabis industry is projected to reach $146.4 billion by 2025, according to Grand View Research, representing a blistering 34.6 percent compound annual growth rate. While the industry is known for strain names, like OG Kush and Girl Scout Cookies, there aren’t established marquee brands like those found in tobacco or pharmaceutical industries—which has […]
Israel Decriminalizes Adult Use Cannabis in Another Step Toward Legalization
Israel decriminalized adult use cannabis on April 1 — just days before the Jewish state’s April 9 election. The new law makes it legal for Israeli citizens to possess homegrown marijuana plants, while carrying small amounts of cannabis in public will only result in a fine rather than an arrest. The move follows similar legislation […]
FSD Pharma Explores Insurance Coverage for Medical Cannabis in Canada
Cannabis investors have been focused largely on the recreational market with the legalization of adult-use cannabis last year, but a growing body of research suggests that medical cannabis remains a compelling long-term opportunity. The biggest question mark has been surrounding insurance coverage, which could prove to be a game-changer by making medical cannabis a lot […]
Harvest One Ensures Cannabis Supply with Greenbelt Acquisition
Vertical integration has become kind of a buzzword in the cannabis industry over the last few years. Many companies claim it as a goal, with the intent of controlling the whole supply chain for their products from seed-to-sale. Getting to that level of control can prove difficult, however, as the resources, equipment, and expertise required […]
Halo Labs: Building A Cannabis Concentrate & Oil Empire
Concentrates are the fastest growing segment of the cannabis industry, according to Arcview Market Research, with sales growing nearly 50 percent to about $3 billion last year in the US. As consumers seek out discreet and healthier consumption methods, the market intelligence firm predicts that US concentrate sales will reach $8.4 billion by 2022 and […]
American Cannabis Market Fueled By Positive Legislation
Cannabis may be illegal on a federal level across the United States, but that hasn’t stopped a multi-billion dollar industry from emerging on the state level. While some investors have avoided the country’s cannabis market due to the federal risk, new cannabis legislation in the House and Senate could dramatically reshape the industry’s risk profile. […]
The time for promise and a good story is over in the cannabis industry. Potential production has been replaced with actual sales, and companies are distinguishing themselves with real revenue growth and clear paths to profitability. There is certainly much to be written in the ever-evolving story of cannabis, but the best companies are executing […]
FSD Pharma Appoints Charles Pollack Jr. MD, FACEP as Chairman of the Scientific Advisory Board
TORONTO FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD” or the “Company”), announced today the appointment of Charles V. Pollack, Jr., M.A., M.D., FACEP, FAAEM, FAHA, FACC, FESC, FCPP, as Chairman of its Scientific Advisory Board (“SAB”). In this capacity Dr. Pollack will serve as a strategic guide and resource to the Company […]
International Cannabis Exploring Listing on Major International Exchange
VANCOUVER, British Columbia, April 04, 2019 (GLOBE NEWSWIRE) — ICC International Cannabis Corp. (CSE: WRLD.U)(FWB: 8K51)(OTC: WLDCF) (“ICC” or “International Cannabis” or the “Company”) is pleased to announce its intentions to pursue a public listing on a major international stock exchange. ICC is currently evaluating the strategic advantages derived from a potential listing on the NASDAQ, the New York […]
ISRACANN Biosciences: Invest in Israel’s First Cannabis Pure-Play Public Offering
North America may be capturing most of the headlines when it comes to the cannabis industry, but other global cannabis frontier markets could offer greater growth potential. Israel is already well-known as the cannabis research capital of the world. Similarly, it also has a nascent domestic cannabis industry with one of the highest ratios of […]
Cannabis Traceability: Problems & Solutions
The global cannabis industry is projected to reach $146.4 billion by 2025, according to Grand View Research, representing a 34.6 percent compound annual growth rate over the time period. Despite these rapid growth rates, the industry has faced several high profile traceability issues in Washington, Nevada, Michigan, Oregon, and Pennsylvania, including diversion into the black […]
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Tom Zuber is Zuber Lawler & Del Duca’s Managing Partner. He has a degree with highest honors in biomedical engineering and has advised some of the most iconic companies in the world on their patent and trademark portfolios. He is at the cutting edge of cannabis patent and trademark law. He holds degrees from Harvard University and Columbia Law […]
Watch CFN Media’s exclusive three part interview with Paul Rosen, one of the most active and diversified investors in the emerging cannabis industry. Paul gives his insights on the global cannabis industry and discusses his new endeavors. Become a CFN Media Client Paul Rosen is a noted career entrepreneur and management consultant. Over the last […]
CaniBrands is a next-generation wellness products company that specializes in manufacturing innovative CBD (Cannabidiol) formulations for sports recovery and active living. CaniBrands products are trusted by professional athletes and backed by science. The company has a wide selection of products for sports recovery, energy, focus, pain and sleep. Along with sublingual oils, balms and creams, […]
The Supreme Cannabis Company is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture.
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