AxisWire Archives - Green Market Report

AxisWireAxisWireAugust 2, 2019
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4min2690

Port Richey, FL – July 31 /AxisWire/ MagicalButter.com of Pasco County, Florida has earned a spot on the 9th Annual 50 Florida Companies to Watch list, a statewide competition that identifies companies expected to see significant growth over the next several years. GrowFL, an economic development organization, announced the honorees on July 31st, 2019.

MagicalButter invented the world’s first countertop Botanical Extractor (MB2e), designed for infusing the essence of healthy herbs like cannabis, lavender, and moringa, to name a few, into butter, oil, tinctures, lotions, and more.

The top 50 companies were selected from more than 500 nominees. All honorees are considered “second-stage” companies — those with six to 150 full-time employees and $750,000 to $100 million in annual revenue. Elements they share include: strong management team, competitive market position, strong community involvement, innovative products, and empowered employees.

“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” Dr. Tom O’Neal, GrowFL executive director, said in announcing the honorees. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets.”

MagicalButter’s CEO, Garyn Angel, saw a need for an effective and affordable decarboxylation method for health conscious consumers who wanted to make herbal products at home, and invented the DecarBox in 2017. This high-grade silicone shell and digital thermometer probe was the first of it’s kind and created a new category in the industry.

The cannabis edibles market has more than doubled since 2011, according to ArcView Research and BDS Analytics, and could be worth more than $4.1 billion in Canada and the United States by 2022, making it a promising opportunity for investment. Demand for MB2e has risen in parallel and MagicalButter has expanded to Canada, Europe, the United Kingdom, and Australia.

MagicalButter not only caters to recreational consumers, but has also carved out a unique niche as a cannabis culinary resource for chefs, business owners, and patients across the globe. The MB2e helps consumers easily integrate cannabis into their diet.

MagicalButter has also developed a line of hemp-derived CBD products in the pet, beauty, and wellness categories. Hemp is a new and fast-growing category that MagicalButter is set to dominate.

Randi Sether is a digital marketing strategist at MagicalButter. If you would like more information about MagicalButter products and recipes go to: https://www.magicalbutter.com.

About MagicalButter

MagicalButter is an entirely new category of products. The MagicalButter machine MB2e is the world’s first countertop botanical extractor designed for creating recipes infusing the essence of healthy herbs into butter, oil, grain alcohol, lotions, and more. Most important are the amazing benefits of certain plants people all over the world are discovering can be used to enrich their health. MagicalButter products are consistently affordable, easy to use, made from premium quality materials, and offer peerless customer service from TeamMB. As a team, we own the company, we design the products, we use them, we truly care about quality and about each customer—and our fans tell us it shows in the personalized attention they receive. Together We Win. https://www.magicalbutter.com


AxisWireAxisWireJuly 29, 2019
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6min1310

Port Richey, FL – July 29,2019/ AxisWire/ Today MagicalButter has announced the launch of a viral dance challenge inspired by the new song “Canna Butter Whippin” (Remix).

The lifestyle brand has surprised fans by releasing Canna Butter Whippin’ Remix on 29 July (19), the same World Star Hip Hop drops the music video, featuring Ted Glxry and C.W.

C.W and Ted Glxry have confirmed a LIVE performance August 24th at High Times Cannabis Cup 2019 in Oklahoma City.

The track has sparked a new viral dance challenge, with chefs and dancers showing off whippin’ routines they’ve created to the song, which features directional lyrics such as,

“Still in The Kitchen, Canna Butter Whippin” / “Tempo 160º it’s getting Sticky”

MagicalButter.com launches the #CannaButterChallenge on their Instagram Stories on Monday July 29th by promoting the hashtag #cannabutter,

The company is sharing dozens of video submissions from dancing fans showing off their moves.

The single “Canna Butter Whippin’ Remix” is on all streaming services – including Spotify and Apple Music – on Sunday.

Calling all Chefs! 

Please share a video of yourself in your chef gear in the kitchen doing your best dance moves.

Time to show off your culinary flow the internet is buzzing with this new dance challenge for the latest single, “The Canna Butter Whippin Remix”

WE are making a VIRAL video here at MagicalButter.com and would like you to be apart of it.

***************************************************************

Sharing Details

We are sure you will love “Canna Butter Whippin” and would love if you created a short cell phone video of you dancing with the song in the background.

MagicalButter is sure to return the love and feature your video on @MagicalButter Instagram & Facebook stories.

 If you choose to create a video be sure to tag our handle and include the hashtags so we can reshare! @MagicalButter #cannabutter

Ways to share…

1 x Instagram post featuring you dancing tagged @magicalbutter and #cannabutter

1 x Instagram story featuring  MagicalButter shoutout

1 x  Video that features you dancing to “Canna Butter Whippin” remix

_________________________

Artist:Ted GLXRY featuring C.W Chris Whitener of MagicalButter.com

Track:Canna Butter Whippin’ Remix

Released:2019

Genres:Alternative Hip-Hop/Rap

Record Label:Slurbaby Muzick

Youtube: Canna Butter Whippin Remix Official Music Video

Spotify:

Ted Glxry

C.W

About MagicalButter

MagicalButter is an entirely new category of products. The MagicalButter machine MB2e is the world’s first countertop botanical extractor designed for creating recipes infusing the essence of healthy herbs into butter, oil, grain alcohol, lotions, and more. Most important are the amazing benefits of certain plants people all over the world are discovering can be used to enrich their health. MagicalButter products are consistently affordable, easy to use, made from premium quality materials, and offer peerless customer service from TeamMB. As a team, we own the company, we design the products, we use them, we truly care about quality and about each customer—and our fans tell us it shows in the personalized attention they receive. Together We Win. https://www.magicalbutter.com


AxisWireAxisWireJuly 25, 2019
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4min1810

New Marketplace Allows for Expanded Business Networking and Partnership Opportunities

Denver, CO – July 25, 2019 /AxisWire/ Leafwire, the largest cannabis business network worldwide, is pleased to announce the closing of a Seed Round of $1 Million. Leafwire has grown rapidly, often with over 1,000 members visiting the platform daily. Leafwire has more than 16,000 members currently and is projected to surpass 25,000 members by the end of the year. Along with their Seed Round announcement, Leafwire has also announced the launch of its new Marketplace feature. 

The Leafwire Marketplace will act as a robust cannabis business directory with 50+ categories ranging from Legal Services, Payment Processing, Domain Names to Packaging. This cannabis-friendly directory is designed for and based on Leafwire member requests, where everyone can find and connect with the exact cannabis services they’re looking for. 

Led by CEO Peter Vogel, he explains, “We built Leafwire to create a safe place where cannabis business professionals can connect, share ideas, find employees and find investors, something that is taken for granted in other industries. Cannabis is a unique industry and we built Leafwire for that reason; to serve the needs of all cannabis industry professionals.”

Leafwire’s Seed Round of $1 Million includes investments from Network Ventures, Silverleaf Venture Partners, KEY Investment Partners, and One East Partners. 

Jordan Youkilis, Founding Partner of KEY Investment Partners, expressed his confidence in the platform, “We became investors in Leafwire, because even in their early stages they have been an invaluable source of deal flow for us. Leafwire has helped to connect us with dozens of dynamic entrepreneurs we wouldn’t have otherwise met. We expect the value provided by Leafwire to continuously increase.”

In addition to the Marketplace, they also expect to launch one of the largest cannabis job boards in the industry in the coming weeks. The job board has been the most requested feature by Leafwire members, from both companies looking for employees and job-seekers.

Speaking on his personal success on Leafwire, Greg Cowan, Investor and Business Consultant at Greenleaf HR, shares, “I was amazed at how quickly networking on Leafwire paid off in a short period of time. Within the first couple of months, I read an article posted by one of my connections that described banking challenges experienced by a CBD manufacturer and retailer. I took a leap of faith and cold-called the person in the article and two weeks later I had an executed Client Services Agreement. Keep in mind, this is a person whom I would have never known about had I not been networking on Leafwire that morning.”

For more information or to become a member, visit leafwire.com


AxisWireAxisWireJuly 16, 2019
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5min1860

Company behind the first cannabis e-commerce marketplace expands to keep up with global demand for retail cannabis products sold online

Santa Cruz, Calif., July 16, 2019 /AxisWire/ Jane Technologies, Inc., a retail software company that created the first and largest online cannabis marketplace, has announced it has secured $21 million in Series B funding, one of the largest capital raises by a cannabis technology platform.

This latest round of funding, led by new and returning investors, will allow Jane to expand its online marketplace to international vendors, bolster its data analytics platform, and deliver data to other industries. The funds will also enable Jane to continue to advance its e-commerce platform of more than 150,000 products with real-time integration into point-of-sale systems.

Jane’s mission is to bring confidence to the cannabis shopping experience while connecting customers to local dispensaries with quality wellness products from their area. In October 2018 Jane announced $6 million in Series A funding, which enabled the tech company to grow its technological advances and data analytics while providing consumers an optimized shopping experience. The company is currently in partnership with more than 700 stores across 21 states.

“In a world dominated by major multi-national online retailers, we’re bringing together innovative technology to support local businesses, and connecting customers to wellness benefits in their region,” said Founder and Chief Executive Officer, Socrates Rosenfeld. “Expanding to global markets is key for Jane as we continue to pioneer the industry and grow an industry-leading team. By helping cannabis companies in the U.S. and overseas, we are localizing the online sales process by bringing together dispensaries, brands and consumers through automation.”

As the cannabis industry continues to rapidly expand, Jane’s internal data has demonstrated people spend double on online purchases than in-person. Today people who purchase CBD spend 50% more than those who do not. Research also shows the online cannabis shopper will spend an average of $206 a month compared to the offline shopper who spends only $122 a month.

“We’ve seen Jane effectively support some of the largest retailclients in the country and are pleased to partner with the software innovator so they can grow exponentially,” said lead investor Nick Deans of Pakala Jane Partners. “The online retail marketplace allows Jane to promote local businesses and increase sales with larger shopping cart purchases while keeping transaction costs down.”

Ian Dominguez of Delta Emerald Ventures sees significant value creation opportunity in Jane’s consumer-centric data. “Jane’s purpose-built platform will continue to drive operational improvement for the cannabis industry. In addition, the Jane platform translates across many industries, making Jane as a whole, the future of omnichannel data.”

“Within the rapidly evolving cannabis space, Jane’s insights as the largest facilitator of e-commerce in the industry are invaluable to its partners, particularly for brands seeking to establish and position themselves within an increasingly crowded marketplace,” said Jason Adler, Managing Partner of Gotham Green Partners. “This investment provides resources for building additional infrastructure and proprietary interfaces to help cannabis businesses worldwide to maximize their potential.”

About Jane Technologies, Inc.

Jane Technologies, Inc. is a retail technology company that created iheartjane.com — the cannabis industry’s largest online marketplace, providing consumers with a confident, safe and simple shopping experience. Users can browse local products in real-time, compare by price, proximity or popularity and place orders at local stores for free. Jane partners with dispensaries on a win-win basis; stores only pay for completed orders at a fraction of the price of other industry software. For more information, please visit us at www.iheartjane.com.


AxisWireAxisWireJuly 16, 2019
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8min2670

Bethlehem, Penn. (July 16, 2019) — A first-of-its-kind hockey tournament, the Hemp Heals “The Hemp Cup,” will be educating participants on the benefits of using cannabis products to aid in athletic performance. Open to the public ages 18 and up, the tournament includes round robin and playoff play, and will conclude with a panel led by former professional athletes and cannabis industry experts.

Riley Cote, retired Philadelphia Flyers left winger and founder of BodyChek Wellness and nonprofits the Hemp Heals Foundation and Athletes for CARE, will kick-off the panel discussion by explaining the benefits of CBD and how the products can positively impact an athlete’s physical health and overall well-being. Cote founded BodyChek based on his first-hand experience using hemp products to naturally manage pain and aid in recovery.

Attendees can also expect a Q&A session, live music, hemp giveaways and special guest appearances. Media attendance is welcome and encouraged.

 

What: The Hemp Cup

  • Hemp Heals Hockey Tournament
  • Educational cannabis and hemp panel featuring former professional athletes and leading industry experts

When: Saturday, July 27, 2019

The run of show for the day is as follows:

  • 7:00 a.m.: eight-team round robin hockey tournament begins
  • 4:15 p.m.: playoffs are expected to begin; appetizers and networking available
  • 5:00 p.m.: panel discussion
  • Riley Cote, former Philadelphia Flyer and founder of BodyChek Wellness and the Hemp Heals Foundation
  • Two-time Stanley Cup champion and former left wing for the Philadelphia Flyers, Dan Carcillo
  • Arron Asham, former right wing for the Philadelphia Flyers
  • Dr. Bruce Nicholson
  • Grassroots Education and Outreach Director, Sarah Locklund
  • 5:45 p.m.: audience Q&A
  • 6:00 p.m.: music and networking
  • 8:00 p.m.: live music begins

Where: Steel Ice Center

320 E. 1st. Street

Bethlehem, PA 18015

Interview Opportunities:

  • Riley Cote, retired NHL athlete and founder of BodyChek Wellness, the Hemp Heals Foundation and Athletes for CARE, will be available to speak about the benefits of CBD, specifically for sports recovery and general well-being, BodyChek Wellness and the mission of his nonprofits.
  • Panel participants
  • Hockey tournament participants

About the Hemp Heals Foundation

The Hemp Heals Foundation is a 501c3 nonprofit organization founded in 2011 by former NHL player, Riley Cote. Through education and innovation, the organization supports sustainable agriculture practices, sustainable health and clean natural medicine, while focusing on a holistic approach to optimum health. Guided by the core belief that keeping our bodies nourished with more plant-based whole foods helps keep our mind, body and spirit healthy, the Hemp Heals Foundation is working to build and sustain a healthier society and planet. To learn more about the Hemp Heals Foundation, visit hemphealsfoundation.com.

About BodyChek Wellness

BodyChek Wellness, founded in 2017 by former NHL player Riley Cote, develops high-quality, sustainable hemp-derived products that support positive change, balance and recovery in individuals from all walks of life. The company lives by the philosophy that there is an athlete in all of us and everyone can benefit from a natural solution for pain relief, improved sleep, and mental health management. By implementing BodyChek products into a larger wellness regimen, BodyChek’s hope is that individuals experience a better road to recovery and achieve balance, something every body deserves. For more information about the company and its products, visit bodychekwellness.com.

About Athletes for CARE

Athletes for CARE (A4C) is a 501(c)3 nonprofit organization dedicated to helping athletes find support, opportunity and purpose after a career in sports. Founded in 2016, A4C creates a community to help athletes leverage their influence to give back and build meaningful relationships; advocates for the health, safety and wellbeing of more than two billion people of all ages who compete annually in sanctioned sports globally; supports research efforts that have a direct impact on the quality of life of athletes; and educates the public about effective alternative treatment options for mental and physical illnesses such as chronic pain, depression, anxiety, PTSD, CTE, TBI, substance abuse and opioid dependency. For more information about A4C, visit athletesforcare.org.

 

###

Media Contact:

Kayla Weimer

kweimer@wearecsg.com

720.726.5431

Onsite Contact:

Ashley Cote

ashley@bodychekwellness.com

302.540.9947


StaffStaffJuly 11, 2019
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10min1890

Kelowna, British Columbia – July 11, 2019 /AxisWire/ Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX) (the “Company” or “Lexaria”), a drug delivery platform innovator, announces  that it has entered a definitive 5-year agreement, via its subsidiary Lexaria Hemp Corp., to provide Lexaria’s patented DehydraTECHTM technology to Universal Hemp LLC, a B2B manufacturing company of high-performing hemp-derived bulk ingredients to the nutraceutical and consumer packaged goods industries, for utilization into many CBD-based food ingredients to be produced and sold across the USA immediately, and in Canada when regulations permit.

Competitive financial details including royalty rates remain confidential and undisclosed although the companies have agreed to disclose minimum payments over the life of the agreement of US$3,750,000. 

“We are very excited about signing this licensing agreement with Lexaria Bioscience to bring to market Lexaria’s highly effective delivery system which makes cannabidiol or hemp-derived CBD readily available in the human body,” said Chad Kahunahana, CEO and Founder of Universal Hemp. “Lexaria’s unique technology was developed over many years for specified applications and is now, for the first time, being applied to CBD at scale and available for general use. We anticipate our SuperBio Infusion line of ingredients will become the industry leader for CBD-infused health and beauty, food and beverage, wellness, athletic and other products where maximum performance is vital. In terms of bioavailability, shelf stability and taste this is the best performing technology in the market, hands down. Our corporate customers cannot wait to put our water-soluble solution into their products!” added Kahunahana.

The DehydraTECH-enabled food ingredients are protected under Lexaria’s many existing US-granted patents and may include forms such as CBD-infused wheat or corn flour, gum Arabic, whey protein, green tea, tapioca starch and many others including forms suitable for beverage and dietary supplement formulation. 

“We are pleased to announce our new licensee Universal Hemp whose well respected presence in the hemp industry will enable our patented technology to have widespread use and distribution in high-performance products providing precision dosing, maximum strength, and rapid uptake,” said Chris Bunka, Lexaria Bioscience CEO.

Universal Hemp plans to make its CBD-infused bulk food ingredients available throughout the USA immediately, and in Canada when regulations permit. 

About the Market

According to industry research, U.S. sales of CBD are expected to grow 10x to an estimated $20 Billion by 2024. Edibles such as food, drinks and nutritional supplements are the largest category for CBD products. With the passage of the 2018 Farm Bill which included the Hemp Farming Act of 2018, all parts of the industrial hemp plant, including CBD and other hemp-derived cannabinoids, can be sold legally across the United States.

About Universal Hemp 

Universal Hemp LLC is a leading manufacturer of hemp-based raw ingredients and CBD derivatives for innovative brands. The company plans to make its CBD-infused bulk food ingredients available across the USA immediately and in Canada when regulations permit. The company has offices in Boulder, Colorado; Brooklyn, New York; and Honolulu, Hawaii. Universal Hemp is currently in discussions with blue-chip investors to raise a significant funding round to build the largest cGMP manufacturing facility in North America for full-spectrum, highly-bioavailable bulk ingestible CBD-based ingredients to supply the rapidly growing needs of its customers. www.universalhemp.co

About Lexaria

Lexaria Bioscience Corp. has developed and out-licenses its disruptive delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. Lexaria has multiple patents pending in over 40 countries around the world and has patents granted in the USA and in Australia for utilization of its DehydraTECH™ delivery technology. Lexaria’s technology provides increases in intestinal absorption rates; more rapid delivery to the bloodstream; and important taste-masking benefits, for orally administered bioactive molecules including cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules.

www.lexariabioscience.com

 For regular updates, connect with Lexaria on Twitter https://twitter.com/lexariacorp and on Facebook https://www.facebook.com/lexariabioscience/

FOR FURTHER INFORMATION PLEASE CONTACT: 

Lexaria Bioscience Corp. 

Alex Blanchard, Communications Manager

(250)765-6424 Ext 202

Or

NetworkNewsWire (NNW)

www.NetworkNewsWire.com

 

For Universal Hemp Information Contact:

Neshama Abraham, Communications Manager

(303) 413-8252 or neshama@universalhemp.co 

www.UniversalHemp.co

 

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements, including but not limited to: that any additional stock warrants or stock options will be exercised. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, the patent application and approval process and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that existing capital is sufficient for the Company’s needs or that it will be able to raise additional capital. There is no assurance that Lexaria will successfully complete any other contemplated or existing technology license agreements; or that results from any studies will be favorable or in any way support future business activities of any kind. Scientific R&D is often unpredictable and unanticipated results could emerge from any study and have a material impact. There is no assurance that Universal Hemp Corp. will achieve the goals of its business plan and be capable of fully executing its relationship with the Company. There is no assurance that any planned corporate activity, scientific study, R&D, business venture, or initiative will be pursued, or if pursued, will be successful. There is no assurance that any of Lexaria’s postulated uses, benefits, or advantages for the patented and patent-pending technology will in fact be realized in any manner or in any part. No statement herein has been evaluated by the Food and Drug Administration (FDA).  TurboCBDTM, DehydraTECHTM technology and ViPovaTM products are not intended to diagnose, treat, cure or prevent any disease.

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 


AxisWireAxisWireJune 28, 2019
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2min2400

Las Vegas, NV & Saint Joseph, MO – June 26, 2019 /AxisWire/ Indiva Advisors LLP, a leading full-service CPA firm that provides high-quality accounting, tax and advisory financial services for cannabis and hemp businesses throughout the West Coast, has expanded its service capabilities by acquiring Missouri Cannabis CPA, a Saint Joseph, MO-based practice; effective June 24. This is a strategic alliance that will drive growth for Indiva Advisors in the developing Midwest marijuana economy.

“We are beyond excited for this merger,” said Indiva Advisors Managing Partner, Jessica Velazquez. “Expanding into this emerging market and joining forces with Tiffani Higgins opens up incredible opportunities for our firm and our clients. My passion from day one has been to reach businesses of all sizes across the US and this puts us closer to that goal.”

Indiva Advisors is the leading CPA firm dedicated to the cannabis and hemp industries, with a team of experts bringing more than 40 years of experience. The company is operated by passionate and devoted CPAs and other financial professionals, all bringing a wide array of skills, specializations and knowledge. Indiva Advisors assists business owners and C-suite executives in achieving their goals by providing guidance on financial, transactional, and general business matters.

“I am so excited to partner with Indiva Advisors,” said Tiffani Higgins, CEO of Missouri Cannabis CPA. “We can help new Missouri businesses get started in the cannabis space and provide them with the top-tier support that larger companies already receive.”

Higgins specializes in working with small business owners on tax, accounting, payroll and other financial areas.


StaffStaffJune 21, 2019
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4min5830

SLANG Worldwide Co-Founder and CEO Peter Miller is an experienced entrepreneur with successful exits and 10 years of executive experience. He and Billy Levy co-founded Mettrum Health Corp, a leading Canadian licensed producer that was acquired by Canopy Growth. An entrepreneur with a track record in agriculture, operations, tech, and clean energy, Peter is also the Chairman of the Canadian licensed producer Agripharm. Prior to joining the cannabis industry, Peter worked in corporate development at Esri Canada. SLANG Worldwide is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across more than 2,600 stores in 11 US states.

GMR Executive Spotlight Q&A – 

Full birth name: Peter W J Miller

Title: Co-founder and CEO

Company: SLANG Worldwide

Years at current company: 2 years

Education profile: Peter studied finance and marketing, earning a Bachelor of Commerce degree from Ryerson University.

Most successful professional accomplishment before cannabis: Peter has more than 10 years of experience with agricultural, operational, and technological aspects of operating in the sector. Outside of cannabis, his most proud professional accomplishment is acting as a director and investor in a construction financing group that helped develop a network of sustainable energy projects.

Company Mission: SLANG Worldwide Inc. is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US. We believe that trusted brands fulfilling their promises to consumers will continue to lead the cannabis market. We deliver on our promises of consistency and quality to stores that carry our products around the world. 

Company’s most successful achievement: In an industry that measures success in a variety of ways, SLANG Worldwide prioritizes on creating value for the entire industry through great cannabis products. In our first quarter as a publicly traded company, $32 million SLANG branded products were purchased by consumers and 52 million SLANG branded servings (5mg) were purchased by customers. We look forward to developing more products across form factors, helping more network partners to develop their capabilities and expanding our distribution and access to customers everywhere.

Has the company raised any capital (yes or no):  Yes

If so, how much?: The company has raised around $90M

Any plans on raising capital in the future? Yes. SLANG will raise capital at times when the cost of capital is most attractive.  The great thing about SLANG’s business model is that it is not extremely capital intensive. Incremental capital accelerates growth, however significant capital is not needed to achieve the primary goal of delivering as many servings of branded product to consumers as possible.

Most important company 5 year goal: SLANG’s goal is to have the best portfolio of branded cannabis consumer products selling through the highest number of retail shelves.


AxisWireAxisWireJune 18, 2019
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6min1870
LOS ANGELES –  Flowertown, a rapidly growing cannabis media and marketing brand, and CohnReznick LLP, one of the largest accounting and consulting firms in the country, announced today that they will be teaming to deliver a comprehensive suite of services to the cannabis industry. The strategic relationship is in response to an opportunity in the burgeoning cannabis marketplace. The goal is to work together to provide comprehensive professional resources for industry participants looking for strategic growth and the delivery of compliance services. Additionally, the two intend to accelerate reliable consumer education.

As the cannabis marketplace enters the next phase of growth and grapples with increased competition and consolidation, business owners and investors need more sophisticated solutions, resources and advisors. Flowertown and CohnReznick will provide these organizations with a wide-ranging suite of services that supports their growth, enhances their operating effectiveness and supports normalization. Solutions tailored for the cannabis industry include consumer education, brand building, product and retail recommendations through storytelling, data analytics, financial and operational strategies, technology implementation, and tax planning and compliance. These services will include national, regional and state by state campaigns as well as events designed to build trust and safety through new-consumer education.

“We are always looking to bring other trusted advisors to the table for our clients in this ever-changing and developing industry,” said Dean Waters, CEO of Flowertown. “CohnReznick brings a tremendous amount of professional experience and technical expertise in the cannabis space. Our marketing sensibilities combined with their proven track record with both established and emerging industries creates a suite of services that will be paramount as cannabis brands and retailers break into the mainstream marketplace.”

Ira Weinstein, Cannabis Industry Leader for CohnReznick added, “We have been serving the cannabis industry for over two years and see the challenges companies are experiencing when it comes to synthesizing finance, tax and accounting issues in support of sophisticated marketing and building a brand. Flowertown’s commitment to consumer education and normalization aligns perfectly with CohnReznick’s commitment to professionalism and corporate responsibility in this space. We believe our collaboration with Flowertown brings a new level of sophisticated professional solutions that will help push this industry forward.”

About Flowertown

Flowertown is a cannabis media and marketing brand focused on changing the cannabis conversation from niche to mainstream. Flowertown’s mission is to provide a bridge through education for premium cannabis brands and retailers across the country to reach existing and new consumers entering the market. Passionate about curating a premium, safe and trusted experience for all consumers, Flowertown supports legal organizations with building their brand reputation and trust through marketing, content and communications services. For more information, visit: www.flowertown.comand flowertownagency.com.

About CohnReznick

As a leading advisory, assurance, and tax firm, CohnReznick helps forward-thinking organizations achieve their vision by optimizing performance, maximizing value, and managing risk. Clients benefit from the right team with the right capabilities; proven processes customized to their individual needs; and leaders with vital industry knowledge and relationships. Headquartered in New York, NY with offices nationwide, the firm serves organizations around the world through its global subsidiaries and membership in Nexia International. For more information, visit www.cohnreznick.com.

Contacts

Flowertown
Eddie Van Pelt
Chief Operating Officer
eddie@flowertown.com

CohnReznick
Julie Murawski
Corporate Marketing Director
973.364.6693
julie.murawski@cohnreznick.com


AxisWireAxisWireJune 14, 2019
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4min2740

Event offers conversations with California’s cannabis leadership, updates on important new regulations, and celebrates the launch of the California Bureau of Cannabis Control’s powerful new ad campaign

Los Angeles, CA – June 14, 2019 /AxisWire/ The United Cannabis Business Association (UCBA), the premier trade association for legal retail cannabis in California, announces its second annual Policy Summit, presented by Linx. The one-day event is on June 21, at the Montalban Theater in Los Angeles.

The Summit provides access to key decision makers and industry leaders in a unique environment to give cannabis professionals insight on changing regulations and market conditions that will significantly impact their businesses. The one-of-a-kind event will conclude with a sun-filled rooftop VIP mixer featuring a Sessions short order kitchen by Chef Holden Jagger of Altered Plates, live music and entertainment.

The Summer Summit will also serve as the launch of the Bureau of Cannabis Control’s California new public awareness and education campaign, designed to help businesses and consumers recognize the differences between legal and illicit cannabis products and retailers.

The summit will feature candid discussions on issues that impact California cannabis businesses and consumers, with notable speakers that include:

Nicole Elliott – Senior Advisor on Cannabis to Governor Newsom Lori Ajax – Chief of the CA Bureau of Cannabis Control Cat Packer – Executive Director and GM of the LA Department of Cannabis Regulation Fiona Ma – CA State Treasurer Councilmember Herb Wesson – Los Angeles City Council President Senator Steven Bradford, CA Senate District 35 Assemblyman Tom Lackey, CA Assembly District 36 Richard Parrott – CalCannabis Cultivation Licensing, CA Department of Food and Agriculture Rasha Salama – Branch Chief, CA Manufactured Cannabis Safety Branch Laurie Holcomb – CEO of Gold Flora Farms and King’s Crew Dispensary

The UCBA Summer Summit is presented in collaboration with the Humboldt County Growers Alliance (HCGA) – the trade association representing the most legal cultivation businesses in California, and brings together two of the most influential cannabis industry associations in the state.

Attendees to the Summit will enjoy Linx giveaways, specials with neighboring dispensaries, a rooftop lounge, and a brand education mezzanine with executives from some of the most successful businesses in the industry, including Gold Flora, Original Pot Company, Canndescent, Beboe, Cresco, Born from Flora, Genius, Delta 9, 1 PUFF, Kanha Treats, LA Kush, Boxcar Supply Company and more.

The Second Annual UCBA Policy Summit and BBQ is on June 21, 11a-6p, at the Montalban Theater, 1615 Vine Street, Hollywood, CA 90028. For tickets, visit: bit.ly/UCBA2019Summit

Veterans and Social Equity applicants receive free admission.

For information on UCBA, visit: www.ucba.com

Connect:

Website: www.ucba.com

Facebook: facebook.com/UCBATradeAssociation

Instagram: instagram.com/ucbanetwork

LinkedIn: linkedin.com/company/ucba

Media: hello@inov8.us



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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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