The Daily Hit: Today's Cannabis Newsbriefs

Here are the cannabis news briefs for March 27, 2018:

Personnel Changes

Acreage Holdings

Acreage Holdings, has hired Glen Leibowitz as its new Chief Financial Officer, as well as promoted George Allen to President. Mr. Allen most recently served as the Acreage Holdings CFO. Leibowitz, who brings over 20 years of finance and accounting experience to his new role as CFO, will play a critical part in Acreage’s upcoming IPO. In his previous positions, Leibowitz led financial reporting and compliance efforts at Apollo Global Management LLC (NYSE: APO) and led a global IPO team at PwC LLP (PricewaterhouseCoopers). His expertise in building and scaling operations, improving controls, and managing accelerated business growth will ensure that Acreage’s existing portfolio stretching across 11 different states continues to flourish.

 True Leaf Medicine International Ltd.

True Leaf Medicine (TRLFF) announced today the formation of the True Leaf Medical Advisory Board under its Chief Scientific Officer, a team of three leading B.C. medical practitioners committed to advancing integrative healthcare with cannabis. Dr. Chris Spooner, a respected naturopathic doctor, and champion of integrative medicine will lead the MAB in his role as Chief Scientific Officer. Dr. Spooner will be joined by Dr. Caroline MacCallum and Dr. Zeid Mohamedali, two of the most progressive medical doctors advising the cannabis industry today.

UA Multimedia, Inc.

UA Multimedia (UAMM)  announced that it has accepted Lou Klein’s resignation and concurrently appointed Michael Lajtay as the Company’s President and interim Chief Executive Officer.  The transition will take effect on March 30, 2018.

Mr. Lajtay is currently a consultant for SupraAlgae, Inc., a manufacturer of unique soil conditioners targeted at the cannabis market.  He is also involved with cryptocurrencies in various capacities since 2014.  He has served as a cryptocurrency consultant, trainer, and speaker as well as participated in numerous initial coin offerings (ICOs) and has helped launch several sophisticated mining operations.

Patent Time

NanoSphere Health Sciences Inc.

NanoSphere Health Sciences (NSHSF) announced that its flagship subsidiary, NanoSphere Health Sciences, LLC, has been granted Patent No. 9,925.149—which covers the core technology behind the production of the NanoSphere Delivery System™—by the United States Patent and Trademark Office.

The patent broadly encompasses the formation and manufacturing of the NanoSphere Delivery System™ for the delivery of cannabinoids, pharmaceuticals, nutraceuticals, cosmeceuticals and other biological agents. NanoSphere’s groundbreaking NanoSphere Delivery System™ nanoencapsulates a broad range of bioactive compounds in a protective membrane, transporting them rapidly and effectively to the bloodstream and cells for greater efficacy. This delivery platform is a breakthrough in pharmaceutical, cannabinoid, nutraceutical and cosmeceutical supplement delivery. It makes the nanoencapsulated agents safer and more bioavailable, reducing adverse effects by delivering precise doses of smart nanoparticles to target sites.

Wana Run?

Wana Brands

Colorado’s No. 1 selling edibles brand Wana Brands has announced a year-long partnership with long-distance runner Flavie Dokken to help promote the health benefits of cannabis as a natural alternative for recovery and pain relief among the athletic community.

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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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