Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has formalized a letter of intent signed earlier this month related to its entry into a multifaceted joint venture and co-marketing agreement with Smart Cannabis Corp. (OTC: SCNA).
Global Payout, Inc. (OTC: GOHE) announced plans to launch a new subsidiary early next year that will focus on supplying chain finance solutions for the logistics industry.
Particularly attractive are innovators like biopharma developer InMed Pharmaceuticals, Inc. (CSE:IN) (OTCQB:IMLFF), which has a compelling biosynthesis technology that will allow the company to manufacture bio-identical cannabinoids of every naturally occurring ones in-house, without the need for plant feedstock.
Backed by mounting scientific data on the curative effects of CBDs, specialty biotech companies like InMed Pharmaceuticals, Inc. (CSE: IN) (OTC: IMLFF) have the opportunity to capitalize on the explosive growth expected in the cannabis-derived pharmaceutical market.
As the cannabis industry continues its rapid growth, its overall impact on other industry sectors is also dramatically increasing.
Backed by mounting scientific data on the curative effects of CBDs, specialty biotech companies like InMed Pharmaceuticals, Inc. (CSE: IN) (OTC: IMLFF) have the opportunity to capitalize on the explosive growth expected in the cannabis-derived pharmaceutical market.
Publicly traded holding company SinglePoint, Inc. (OTC: SING) and its innovative SingleSeed app – designed to allow cannabis dispensaries and customers to exchange funds using debit and credit cards via the vehicle of bitcoin – is singled out in a CNBC article highlighting the industry’s ongoing need for an alternative banking solution (http://cnw.fm/3bA32).
The $6.2 billion in weed Canadians consume a year is about two-thirds the $9.2 billion beer market and close to wine’s $7 billion tally
India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has adjourned the voting for proposals three and four from its notice of annual meeting of shareholders, dated October 5, 2017.
Cryptocurrencies like bitcoin are proving especially valuable as a solution for high-risk industries like cannabis, which remains largely unbanked in the United States due to marijuana’s continued status as a Schedule 1 drug under the Controlled Substances Act.
Relatively insulated from economic cycles, the innovation of today’s biotech companies puts them in a position to potentially deliver outsized returns regardless of overall conditions.
Within the current multi-billion dollar and rapidly-growing industry (New Frontier Data projects U.S. medical and recreational marijuana sales will reach $24.5 billion by 2025) (http://cnw.fm/A0lmE), REFG is a frontrunner in the booming market that is vying to match growing demand with full spectrum solutions.
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Micron Waste Technologies Inc. ("Micron") (CSE: MWM, OTC: MICWF, Frankfurt: 7FM2), today announced that the companies have signed a non-binding term sheet for Aurora to make a strategic investment in Micron, and for both companies to collaborate on the optimization of Micron's technology for the treatment of organic waste generated in the cultivation and production of cannabis products..
Horizons ETFs Management (Canada) Inc. recently announced completion of its quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (“HMMJ”).
Recent announcements of AppSwarm, Inc.’s (OTC: SWRM) forays into the cannabis and bitcoin industries demonstrate the mobile business incubation company’s focus on emerging revenue streams with anticipated success.
