February 2020

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HempMeds®, Subsidiary of Medical Marijuana, Inc., Launches New High-Potency CBD Formulation of Its Active Relief Roll-On Topical

SAN DIEGO, Feb. 27, 2020 /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that it has launched a new high-cannabidiol (CBD) formulation of its popular Active Relief Roll-On topical product.

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iAnthus Announces Filing of Statement of Claim to Prevent Interference with its Business

NEW YORK and TORONTO, Feb. 27, 2020 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, announced today that it has filed a Statement of Claim (the “Claim”) in the Ontario Superior Court of Justice against Oasis Investments II Master Fund Ltd. (“Oasis”). iAnthus filed the Claim in the interests of defending the Company against interference with the Company’s financing and business by an unsecured lender who is seeking to better its position at the expense of the Company’s shareholders and other stakeholders.

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CBD Companies Just Starting to See Big Opportunity Emerge in Europe

PALM BEACH, Florida, Feb. 27, 2020 /PRNewswire/ — February 27, 2020 — The European CBD market has big potential says a new survey from New Frontier Data. In fact, they found that Europe has a growing consumer base that has very positive views on CBD. Per feedback from 3,100 respondents, 74% of consumers noted that CBD has “positively impacted their lives.” In addition, 41% said that their spending had increased over the last six months, with 44% expecting their spending to rise further. Better still, the Brightfield Group estimates that the European market will boom 400% over the next four years from $318 million in 2018. “CBD is just starting to take hold in Europe, with both product availability and consumer awareness still quite limited. This is a great opportunity for developed brands to enter and expand through Europe with far less competition than we’re seeing in the U.S,” says Brightfield Managing Director, Bethany Gomez. It’s all creating sizable opportunity for companies such as Mota Ventures Inc. (CSE:MOTA) (OTCPK:PEMTF), GW Pharmaceuticals (NASDAQ:GWPH), Tilray Inc. (NASDAQ:TLRY), Green Growth Brands Inc. (CSE:GGB)(OTCQB:GGBXF), and Trulieve Cannabis Corp. (CSE:TRUL)(OTCQX:TCNNF).

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Nanoemulsion Becoming Hottest New Trend for Billion Dollar CBD Industry

PALM BEACH, Florida, Feb. 27, 2020 /PRNewswire/ — Transparency Market Research (TMR) is predicting an increased growth in the global nanoemulsion market. Valued at US$6.78 Billion in 2016, it’s estimated to rise to $14.91 billion by the end of 2025. Recent industry reports show that the recreational cannabis beverage industry is on the rise, and nanoemulsion-infused beverages are leading to the development of drinkable cannabis products that are both potent and fast acting. Nanoemulsion-based cannabis beverages are, in fact, fast acting and have high bioavailability, meaning the body will absorb a higher amount of the THC or CBD. This is because nanoemulsions, which have been used for many years in other industries such as pharmaceutics and cosmetics, can be absorbed into the body and brought into the brain more quickly without requiring any external oils or fats. Active cannabis companies in the markets this week include: Pressure BioSciences, Inc. (OTCQB: PBIO), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), GrowGeneration Corp. (NASDAQ: GRWG), Aphria Inc. (NYSE: APHA) (TSX: APHA).

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OMID Holdings, Inc. Issues a Letter to Shareholders

PHILLIPSBURG, N.J., Feb. 26, 2020 /PRNewswire/ — OMID Holdings, Inc. (OTC Pink: OMID), a publicly-traded health and wellness company, has issued a letter to shareholders. The company intends to provide shareholders with insight into its history as well as the current operations and goals for the future.

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CBD Pet Product Brand HEMPVET Expands to Feline and Equine Markets

BURLINGTON, Vt., Feb. 26, 2020 /PRNewswire/ — HEMPVET, a hemp-derived cannabinoid pet product company, launched nine new pet wellness products today, including its first for cats and horses. Each of its new products is designed to address a specific issue, including anxiety, digestive disorders, hip and joint pain, inflammation, and immune deficiencies through the use of organic hemp as its halo ingredient.

COVID-19: Sharing Joints, Not Germs

Cash keeps Canopy on top in Q3

Canopy Growth‘s Valentine’s Day report of Q3 earnings that weren’t a complete disaster made the world’s largest marijuana company look positively competent next to its peers. Canopy was able to show revenue growth in a…

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Cannabis Dispensary and Cannabis Business Times Magazines Announce The Top 2020 Best Cannabis Companies To Work For

CLEVELAND, Feb. 25, 2020 /PRNewswire/ — Cannabis Business Times magazine (Cannabis Business Times) and Cannabis Dispensary magazine (Cannabis Dispensary) announced today the 2020 Best Cannabis Companies To Work For – Dispensaries and Cultivation. Profiles of the Best Cannabis Companies to Work For are featured in Cannabis Business Times’ February issue, and at CannabisBusinessTimes.com, and in Cannabis Dispensary’s January/February issue, and at CannabisDispensaryMag.com.

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Choom Opens Cannabis Retail Store in Calgary, Alberta

VANCOUVER, Feb. 25, 2020 /PRNewswire/ – Choom(TM) (CSE: CHOO; OTCQB: CHOOF), one of the Canada’s leading recreational cannabis retailers, is pleased to announce the opening of their next licensed cannabis retail store in Calgary, AB. The store, opening in the bedroom community of Shawcliffe, is the first Choom retail store to open in Calgary, the 14(th) Choom store in Alberta, and our 15(th) location in Canada.