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StaffStaffMarch 21, 2018
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2min9140

Here are the news briefs for March 21, 2018:

Delta 9 Cannabis Inc.

Delta 9 Cannabis  (TSXV: NINE)  signed a binding letter of intent and a lease agreement with 6599362 Canada Ltd.  for the land and building containing the company’s current cannabis production facility or “Building E”. The new lease also contains an option for Delta 9 to purchase Building E for a price of $6.25 million at any time during the term of the new lease. The company anticipates executing this option to purchase Building E within the next few days.

WeedMD Inc.

WeedMD (WDDMF)  announced that it made a strategic investment in Snipp Interactive Inc. (SPN.V), a global loyalty and promotions company focused on disruptive engagement platforms for consumers. The companies have also entered into an agreement whereby WeedMD will appoint Snipp as its technology vendor of record to design and deploy custom marketing solutions for direct sales, retail sales, referral/sourcing programs, distributor programs and other programs.

Nemus Bioscience, Inc.

Cannabinoid biotech firm Nemus Bioscience (NMUS) named Professor David Schubert, Laboratory Head of the Salk Institute’s Cellular Neurobiology Laboratory to its Scientific Advisory Board.

Dr. Schubert is a two-time recipient of the Jacob Javits Award for outstanding contributions to neuroscience from the National Institute of Neurological Disorders and Stroke (NINDS), a section of the National Institutes of Health (NIH).


StaffStaffMarch 19, 2018
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4min10190

Here are today’s cannabis briefs for March 19, 2018:

MedReleaf Corp.

MedReleaf (MEDFF) announced that it entered into an agreement to become the largest supplier of medical cannabis products to Cannamedical Pharma GMBH, a leading medical cannabis distributor to pharmacies in Germany. According to a company statement, MedReleaf will provide Cannamedical with monthly exports of five of its premium strain varieties significantly improving the predictability and security of drug delivery to the German market. Sales to Germany will commence promptly upon the expected receipt of MedReleaf’s European Medical Agency Good Manufacturing Practices certification and export permit from Health Canada in the coming weeks.

Kona Gold Solutions, Inc. 

Kona Gold announced its wholly owned subsidiary, HighDrate, LLC, is entering the Chicago market with its new CBD Energy Waters.  The Company’s new distribution partner, 1 Oak Wholesale, based in Addison, IL, will distribute the Company’s HighDrate CBD Energy Waters in Chicago and surrounding areas.  “Our new HighDrate CBD Energy Waters has hit the market with a splash with overwhelmingly positive feedback from customers and quick re-orders from our retailers around the country,” stated Robert Clark, CEO of Kona Gold Solutions, Inc.  “I am very excited to announce our first distribution partner of our HighDrate CBD Energy Waters just three months after launch.”

True Leaf Medicine International Ltd.

True Leaf Medicine (TRLFF) has recruited two medicinal cannabis cultivation experts to lead the development of its medicinal cannabis products. Stephen Schroeder, Chief Cannabis Industry Advisor, and Christian Zofchak, Director of Horticulture Operations, have joined the True Leaf team, driven by a motivation to help patients, as well as their own family members, who find their pharmaceutical treatments ineffective or intolerable.

The cultivation team members are Canadian leaders in selective cannabis plant development. They will identify the best cannabis plant genetics worldwide, and, as part of True Leaf’s proprietary intellectual property, will develop unique strains capable of producing the active ingredients needed to develop a highly-effective medicinal product line to address neurological, musculoskeletal, gynaecological, and gastrointestinal conditions.

WeedMD Inc.

WeedMD  (WDDMF) announced that it has made a strategic investment in Scorpion Resources Inc., to be renamed Blockstrain Technology Corp. WeedMD will be amongst the first federally-licensed producers to initiate the integration of blockchain technology into its ecosystem. Blockstrain delivers a secure and immutable blockchain platform to establish global certainty for cannabis strains and their ownership.

Canopy Growth Corporation

Canopy Growth confirmed that it has successfully completed a transfer of 1,500 cannabis clones to its Madrid -based partner, Alcaliber SA, completing the first phase of a partnership entered into by both parties as announced on September 11, 2017.



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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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