Tetra Bio-Pharma (CSE: TBP) (CSE: TBP.CN), a pharmaceutical company focused on developing and commercializing therapeutic cannabis-based products for the treatment of pain is pleased to announce that Health Canada has approved its Phase I clinical study of smoked cannabis.
InMed Pharmaceuticals Inc. (CSE:IN, OTCQB:IMLFF) is a pre-clinical stage biopharmaceutical company specializing in the research, development and commercialization of cannabinoid-based therapies to treat human diseases with high unmet medical needs.
In Canada, medical marijuana patients have the option to get their medication in dried form, as a concentrated oil or even fresh. Right now there are 38 approved licensed producers of medical marijuana of which only 22 produce oil. So why should this matter to Investors?
Rising India Inc. (OTC: RSII) announced that the company is targeting opportunities in the cannabis industry. The company is in active negotiations to reach a Letter of Intent with business operators that are currently active in the cannabis industry.
Republican Congressman Dana Rohrabacher of California recently submitted a piece of legislation in the U.S. House of Representatives targeted at preventing the federal government from enforcing states that have legalized cannabis for recreational or medical use.
Tetra Bio-Pharma Inc. (CSE: TBP, OTC:GRPOF) and IntelGenx Corp. (TSXV:IGX, OTCQX:IGXT), annouced the signing of a binding term sheet for the development and commercialization of a drug product containing dronabinol.
Prosecutors in Minnesota filed felony charges Monday against two former officials from one of the state’s licensed medical marijuana manufacturers for allegedly shipping marijuana oil to a subsidiary facility in New York.
Laura Bultman, the former chief medical officer, and Ronald Owens, the former chief security officer, each face felony charges that carry fines of up to $3,000 and up to a year in jail.
BY KYLE POTTER ASSOCIATED PRESS
ST. PAUL, Minn. (AP) — Prosecutors in Minnesota filed felony charges Monday against two former officials from one of the state’s licensed medical marijuana manufacturers for allegedly shipping marijuana oil to a subsidiary facility in New York.
BY KYLE POTTER ASSOCIATED PRESS
ST. PAUL, Minn. (AP) — Prosecutors in Minnesota filed felony charges Monday against two former officials from one of the state’s licensed medical marijuana manufacturers for allegedly shipping marijuana oil to a subsidiary facility in New York.
Alliance Growth Corp. executives announce that the Company has executed the founders agreement with a private Health Canada Licensed Producer Applicant based in Ontario, Canada.
The next step is a $25,000 first payment for the equity investment. The agreement will include long term plantlet supply contract and an off-take agreement at wholesale cost for flower to be used for CBD oil extraction at the Cannabis Botany Centre.
SinglePoint, Inc. (OTC: SING) has raised more than $300,000 and has signed a Letter of Intent to secure additional funding of $1 million.
Today's update follows news of the Company's recent Letter of Intent to acquire a stake in Convectium, which created the world's first machine capable of filling cartridges or disposables en mass for wholesale distribution to cannabis dispensaries.
The cannabis industry attained new highs in 2016, paving the way for some big changes this year.
Four states in the U.S. voted in favor of legalization in 2016, and it was expected that the cannabis market would rake in over $6.7 billion alone.
It will only get better from here.
QuikFlo Moves into the US Marijuana Space with Letter of Intent to Acquire Licensed Nevada Production Facility in Addition to a CBD Infused Product Company.
The acquisitions include a 12,000 sq. ft. licensed medical marijuana cultivation/production facility and packaging center with over $1 million in medicinal sales in its first year of operation. The second acquisition is of a start-up company that develops and markets hemp based and CBD infused products for sales nationwide.
For the marijuana industry, 2016 was a successful year by any standards, reaching an estimated $7 billion in transactions and bringing the total number of states to legalize marijuana for medical and/or recreational purposes to 28.
A Key issues facing the marijuana industry in the US states with legalized marijuana is their inability to find a bank willing to handle the money.
According to a previous study, of 84 applicants to operate medical marijuana dispensaries 29 of the businesses claimed they had accounts at 1 of the big banks or 1 of the banks’ subsidiaries. Of that total, 17 had a connection to Bank of America.
