Here are today’s quick hits for March 14, 2018:
Biopharmaceutical company GW Pharmaceuticals plc (GWPH announced that it received Notices of Allowance for five new Epidiolex® patent applications that will be listed in the Approved Drug Products with Therapeutic Equivalence Evaluations (commonly known as the Orange Book) if the NDA for Epidiolex is approved. Once issued, these patents are set to expire in 2035. One or more patents may be eligible for additional patent term through patent term adjustment and/or regulatory exclusivities.
Canna-Hub, a California-based real estate development and property management Company for the cannabis industry, is accepting lease commitments at a new 16-acre cannabis community in the city of Mendota, California. The New York Times previously profiled Mendota – once known as the Cantaloupe Capital of the World – and its struggle with a high unemployment rate and lack of industry. Now, Sacramento-based Canna-Hub has secured a 16 acre site in Mendota for cannabis business operations.
Sipp Industries, Inc. (SIPC) announced that the recent run of its premier craft hemp beer, Major Hemp Brown Ale, has been well received by current and new customers. Major Hemp President Ted Jorgensen commented, “We have been extremely productive over the past thirty days and it’s a great testament to Major Hemp Brown Ale to see all the reorders and new customer interest. Sales have been better than we expected. The team at Colorado Craft Distributors has done a fantastic job fulfilling new orders and sample requests. We expect the pace to accelerate over the next thirty to forty-five days with our combined sales and marketing efforts.”
Bespoke Extracts, Inc. (BSPK), producer of high quality, great tasting hemp-derived CBD extract products, today announced that it will debut its title sponsorship of the Hairy Kiwi Racing Team and professional racer Robertino Pietri at the 77th annual running of DAYTONA 200, America’s most historic motorcycle road race scheduled to take place this weekend at the iconic Daytona International Speedway in Florida.
Sublime Concentrates, an innovative cannabis manufacturing company, recently announced that it is changing its name to Sublime Canna. The new name better reflects the company’s expansion into other cannabis products, including sweet and savory edibles, as well as medicated dog treats.