Wildflower Brands’ announcement of plans to acquire City Cannabis Corp. represents the latest step in Wildflower’s international expansion City Cannabis is only the company with multiple licenses in British Columbia, and the only BC-based retailer to go public The proposed acquisition represents a major opportunity to gain exposure to the Canadian consumer market, as City […]

Redfund Capital is focusing the power of its equity financing and debt financing business incubation model toward flourishing cannabis industry startups The company is labeling its recent investment in the international Cannabis Mercantile Exchange (“Cannamerx”) auction platform as “one of our most strategic growth alliances” Cannamerx is gaining a growing clientele in the hemp and […]

Kontrol Energy Corp. grew its revenue run rate from $1.8 million to $16 million over the past two years The company has a foothold in various industries, promising energy-efficiency solutions to help customers achieve green goals Kontrol has secured contracts to provide services to licensed producers in the Canadian cannabis sector The company recently announced […]

The cannabis beverage market is estimated to exceed $4 billion by 2022 Sproutly is focused on becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils to the emerging beverage and consumables market Company has exclusive rights to Infusion Biosciences’ APP technology in Canada, Australia, Israel, Jamaica and the European Union Sproutly Canada Inc. […]

During an investor conference call, GCGX’s CEO noted that the company’s ultimate goal is to be listed and traded on the Nasdaq California has issued an annual license for adult and medicinal cannabis manufacturing to Global Consortium Group LLC CEO Dwyer added that GCGX subsidiary Infused Edibles is expected to see its production operations relocated […]

Geyser Brands has completed its first test harvest and second harvest as a cannabis cultivator under Health Canada’s licensing regulation, and it is working to complete licensing for direct-to-consumer sales; its third harvest, now in the ground, promises a 200 percent yield increase over the first two harvests GYSR recently undertook a $400,000 private placement […]

Marijuana Company of America Inc. has returned to its roots with a joint venture to launch a cannabis delivery service targeted at California’s recreational market Market researchers predict that California’s cannabis sales will hit $5.1 billion this year and $7.7 billion by 2022 MCOA’s year-end financial report noted an increase of 840 percent in annual […]

The second and final tranche of a Black Iron private placement will contribute to gross proceeds exceeding $1.59 million; these funds are expected to be used for Shymanivske iron ore project advancement Black Iron needs the financial resources to secure essential land surface rights and to further discussions surrounding project construction financing The company also […]

Proprietary genetics program with strains high in CBG, CBD, CBN and other high-potential cannabinoids Exclusive rights to 1 million rare CBG seeds for the 2019 growing season and beyond Biomass producing higher yields with up to 20% full-spectrum CBD and other cannabinoids Multistate farming presence in Oregon, California, Colorado and Kentucky projected to cultivate 3,000 […]

Sugarmade is focusing its hydroponic agricultural supplies operation on the emerging hemp industry Passage of the 2018 Farm Bill opened the gates to a new wave of hemp farming that portends a possible boom market The hemp industry has suffered from the same banking antipathy afflicting state-legal marijuana businesses because of federal regulation of cannabis’ […]