September 2019

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U.S. Retail Cannabis Sales on Pace to Potentially Reach $30 Billion by 2023

PALM BEACH, Florida, Sept. 5, 2019 /PRNewswire/ — According to the Marijuana Business Factbook, an exclusive report by Marijuana Business Daily (MJD) containing market projections, retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion by the end of 2019 – an increase of roughly 35% over 2018 – and could rise as high as $30 billion by 2023. MJD said: “Continued sales gains in recreational markets as well as the rapid development of medical marijuana programs in newly legalized states will spur much of that growth over the coming year. On the recreational side, estimated sales in 2018 were revised up slightly from our original forecast at the beginning of 2018… But by the end of 2018, the number of licensed retail stores and delivery services in California was up considerably, pushing estimated sales past the $2 billion mark.” Active cannabis companies in the markets this week include: Medicine Man Technologies, Inc. (OTCQX: MDCL), Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), Tilray, Inc. (NASDAQ: TLRY), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Aphria Inc. (NYSE: APHA) (TSX: APHA).


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Podco Media Networks Launches Two New Business Podcast Series: Demystifying Data And My First Job

LOS ANGELES, Sept. 5, 2019 /PRNewswire/ — PodCo Media Networks(TM), Inc., a leading business podcast producer, announced the launch of two series today–Demystifying Data with Chris Clegg and My First Job with Jon Chang. PodCo picked the shows from dozens of pitches because they cover the world’s biggest business challenges and the hosts bring large audiences of influencers and household brands. PodCo will announce new business-focused podcasts monthly, with 30 shows launching over the next 18 months in areas like opportunity zones, foodtech, legal cannabis, Latin American entrepreneurship, agricultural technology, travel, and sustainability.





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Steep Hill Announces Oklahoma Licensee For Cannabis Testing

BERKLEY, Calif., Sept. 5, 2019 /PRNewswire/ — Steep Hill, a leader in providing analytical testing services for the cannabis industry, announces expansion to Oklahoma. “We are pleased to partner with Elite Element Testing Laboratory in expanding the Steep Hill lab network to the medical market of Oklahoma and proud to further our ongoing commitment to assure that patients have access to medicine that is tested and compliant with state regulations,” said Dr. Andrew Rosenstein, CEO of Steep Hill.




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Green Growth Brands Completes Private Placement of Units

COLUMBUS, OH, Sept. 5, 2019 /PRNewswire/ – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) (“GGB” or the “Company”) announced today it has issued an aggregate of 1,127,543 units (“Compensation Units”) at a price of $2.45 per Unit in satisfaction of a portion of the cash commission payable to the syndicate of underwriters of Company’s recently completed $50.2 million prospectus offering (the “Offering”) of units of the Company.


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/R E P R I S E — Mise à jour – Mise en garde de Santé Canada concernant un risque possible de maladie pulmonaire lié aux produits de vapotage/

OTTAWA, le 4 sept. 2019 /CNW/ – Santé Canada met en garde les Canadiens qui utilisent des produits de vapotage de surveiller l’apparition chez eux de symptômes de maladie pulmonaire (p. ex. toux, essoufflement, douleur thoracique) et de consulter un médecin sans tarder s’ils ont des préoccupations relatives à leur santé.