CBD Resource

Thursday, September 20, 2018

Director of Polish institute departs for position with state oil company

The director of Poland's government-owned Institute of Natural Fibers and Medicinal Plants (IWNiRZ) has left his position to become vice-president for financial affairs at Grupa...

The post Director of Polish institute departs for position with state oil company appeared first on HempToday.

Source: https://hemptoday.net/sobkow-departs-institute/

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Licensing delays cost Alaskan marijuana license applicants time, money

Applicants for cannabis business licenses in Alaska could be forced to wait up to five months for their paperwork to be reviewed, despite a state statute stipulating that licenses should be granted in roughly 90 days. Prospective licensees told the Alaska Journal of Commerce the long wait times are costing them money. One cultivation business owner […]

Licensing delays cost Alaskan marijuana license applicants time, money is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/licensing-delays-cost-alaskan-marijuana-license-applicants-time-money/

Australian CBD Company Elixinol Begins Trading on OTCQX

Yesterday, international hemp-derived CBD company Elixinol (ASX: EXL) began trading on the OTCQX, a U.S. based stock market exchange, under the ticker symbol ELLXF. The company is based in Australia and has distribution & manufacturing of their products setup in the United States, Europe, South America, and Japan. Last July, the company announced sales of […]

Source: http://cashcroptoday.com/australian-cbd-company-elixinol-begins-trading-on-otcqx/

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Wednesday, September 19, 2018

Elixinol debuts on U.S. exchange as Farm Bill vote looms

Denver, Colorado-based Elixinol Global Limited today debuted on the OTCQX Best Market in the USA just ahead of anticipated changes in federal legislation that could...

The post Elixinol debuts on U.S. exchange as Farm Bill vote looms appeared first on HempToday.

Source: https://hemptoday.net/elixinol-debuts-otc/

Canadian cannabis firm Captor pays $6M to acquire a fourth California dispensary

Captor Capital, a vertically integrated Canadian marijuana company, acquired Chai Cannabis, a medical and recreational cannabis store in Santa Cruz, California, for roughly $6 million. The acquisition adds a fourth California retail shop to Captor's investment portfolio, which includes two MedMen-branded dispensaries, according to a news release. Chai also possesses a license permitting cannabis delivery […]

Canadian cannabis firm Captor pays $6M to acquire a fourth California dispensary is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/canadian-cannabis-company-captor-pays-6-million-to-acquire-a-fourth-california-dispensary/

KushCo Holdings Announces 2018 Revenue of $51M

KushCo Holdings, Inc. (OTCQB: KSHB) reported this morning that the company has been able to generate a total $51 million dollars in revenue for the year of 2018, with $19 million produced over the course of Q4. KushCo Holdings is the umbrella company that owns companies such as Kush Bottles, Kush Energy, The Hybrid Creative, and […]

Source: http://cashcroptoday.com/kushco-holdings-announces-2018-revenue-of-51m/

Tuesday, September 18, 2018

Five board seats open for U.S. Hemp Industries Association election

The U.S. Hemp Industries Association has issued a call for candidates for the organization’s board of directors, with five seats open in the next election....

The post Five board seats open for U.S. Hemp Industries Association election appeared first on HempToday.

Source: https://hemptoday.net/hia-board-elections/

Build it and they will come? Cannabis entrepreneurs wager big bucks on social consumption venues

Applicants for marijuana social consumption licenses across the United States are betting that consumers will want to patronize a public venue where they can consume cannabis with other users. Entrepreneurs who pursue this new niche sector are likely to wager hundreds of thousands of dollars to get their businesses off the ground, according to industry executives. […]

Build it and they will come? Cannabis entrepreneurs wager big bucks on social consumption venues is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/build-it-and-they-will-come-cannabis-entrepreneurs-wager-big-bucks-on-social-consumption-venues/

Canopy Growth’s Tweed Farms Receives Additional Licensing for Cannabis Production

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced this morning that their Tweed Farms cannabis cultivation operation has received an amendment to their license which will approve all of the company's remaining greenhouse space. Now, Canopy Growth Corporation will own 3.2 million sq. ft. of licensed cultivation space at their Tweed Farm located in Ontario, […]

Source: http://cashcroptoday.com/canopy-growths-tweed-farms-receives-additional-licensing-for-cannabis-production/

Monday, September 17, 2018

U.S. entrepreneur, reps from 9 countries at Hemp2020 Summit

American hemp entrepreneur Eric McKee will share his experiences as an eco-entrepreneur at this year’s Hemp2020 Business Summit Oct. 19-20 at HempToday Center in Poland....

The post U.S. entrepreneur, reps from 9 countries at Hemp2020 Summit appeared first on HempToday.

Source: https://hemptoday.net/2018-hemp-2020/

Chart: Alaska’s recreational cannabis market strong, but seasonal sales swings a challenge for MJ businesses

Alaska's summer tourism season has produced the strongest months on record for wholesale marijuana sales, but MJ businesses are still adapting to the cyclical nature of the state’s adult-use market. Alaska cultivators sold nearly 2,500 pounds of flower and trim to retailers and infused product manufacturers in July – an increase of 7% from the […]

Chart: Alaska’s recreational cannabis market strong, but seasonal sales swings a challenge for MJ businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/chart-alaskas-recreational-cannabis-market-strong-but-seasonal-sales-swings-a-challenge-for-mj-businesses/