Category: The Pulse

Travel Expert Rick Steves Briefed Members of Congress on Marijuana Law Reform

While Rick Steves is perhaps best known for his guide books on traveling as well as his long-running PBS show “Rick Steves’ Europe,” he’s also becoming well-known – especially in the cannabis community – for his continuous battle against marijuana prohibition and his advocacy for legalizing cannabis. Last week Rick spoke in front of members of the bipartisan Congressional Cannabis Caucus on the need for and the effects of cannabis legalization. “There are so many reasons to end the prohibition on marijuana. Whether you’re concerned about the well-being of children, fairness for minority communities, redirecting money away from criminals...

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Canna Equities

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) — Newstrike Resources Ltd. (TSXV:HIP) (“Newstrike” or the “Company”) is pleased to announce that it has closed its previously announced short form prospectus offering on a bought deal basis. A total of 60,610,000 units of the Company (“Units”) were sold at a price of $1.32 per Unit (the “Issue Price”), for aggregate gross proceeds of $80,005,200 (the “Offering”). The Offering was underwritten by a syndicate of underwriters co-led by INFOR Financial Inc. and Cormark Securities Inc. and including Eight Capital and Haywood Securities Inc. (collectively, the “Underwriters”). “This transformational Offering provides Newstrike and our wholly-owned licensed producer, Up Cannabis, with the capital required to complete our Niagara Facility, accelerate and enhance the national launch of the Up-Cannabis brand and seize select strategic opportunities that complement our growth strategy,” said Jay Wilgar, Newstrike’s CEO. In addition, as previously announced, the Company has granted the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If this option is exercised in full, an additional $12,000,780 will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be $92,005,980. Each Unit is comprised of one common share of the...

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Strain Review: Titan’s Haze

The right hybrid is out there for everyone, but one in particular that is a favorite of many and comes from two lines of plants that can be traced back to the 70s and 80s is called Titan’s Haze. This sativa dominant strain offers some potent and extreme sativa effects that will get almost anyone through a long day without much to complain about. What You Should Expect When looking for a sativa dominant hybrid, not many come close to what Titan’s Haze has to offer in both experience and story (if you’re into that sort of thing). The...

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02-16-2018 Video News – The Marijuana Times Show

Joe Klare discusses the latest on the lawsuit filed against the federal government over marijuana prohibition, the final sales figures for legal cannabis out of Colorado in 2017 and a delay in marijuana legalization in Canada. 02-16-2018 – Ep. 75 | Marijuana Times Show https://www.marijuanatimes.org/the-court-case-against-ag-sessions-the-doj-and-the-dea-began-in-ny-this-week/ https://www.thecannabist.co/2018/02/09/colorado-marijuana-sales-december-year-2017/98606/ https://www.cnbc.com/2018/02/16/canada-postpones-marijuana-legalization-again.html Sponsor: http://naturecidecannabis.com/ TroyFlowers Author description...

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Cannabis Wheaton Income Corp. Announces New Joint Venture with Peter Quiring – One of Canada’s Largest Greenhouse Builders and Operators to Develop 1.4 Million Square Foot Purpose Built Greenhouse for Cannabis Cultivation

by Todd | Feb 16, 2018 | General, Investments and M&A | VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) — Cannabis Wheaton Income Corp. (d/b/a Wheaton Income) (TSX.V:CBW) (“Wheaton Income” or “Wheaton” or the “Company”) is pleased to announce that it has entered into a joint venture with Peter Quiring, one of Canada’s largest greenhouse builders and operators, via a newly formed subsidiary ( “GreenhouseCo”), to develop, construct and operate a state-of-the-art purpose-built greenhouse for cannabis cultivation in Leamington, Ontario with Mr. Quiring acting as Chief Executive Officer of GreenhouseCo (collectively, the “Transaction”). As the founder and owner of 4 vertically-integrated companies, all of which have greatly influenced the North American greenhouse ecosystem, Peter has over 25 years of experience designing, fabricating, building and operating greenhouses across North America. He has developed over 2,000 acres of greenhouses and currently owns and operates 175 acres of computer-controlled, state-of-the-art greenhouses with over 600 employees in Southern Ontario. Operating one of the largest bell pepper and tomato greenhouses in North America, he is currently growing over 15 million kilograms of peppers and 25 million kilograms of tomatoes each year that are shipped across Canada and the United States. In addition, his fabrication company South Essex Fabricating constructed the Double Diamond Farms facility which is currently being converted for cannabis cultivation. Pursuant to the Transaction, GreenhouseCo initially plans to develop 1.4 million...

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Newstrike Completes Previously Announced $80 Million Bought Deal Financing

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) — Newstrike Resources Ltd. (TSXV:HIP) (“Newstrike” or the “Company”) is pleased to announce that it has closed its previously announced short form prospectus offering on a bought deal basis. A total of 60,610,000 units of the Company (“Units”) were sold at a price of $1.32 per Unit (the “Issue Price”), for aggregate gross proceeds of $80,005,200 (the “Offering”). The Offering was underwritten by a syndicate of underwriters co-led by INFOR Financial Inc. and Cormark Securities Inc. and including Eight Capital and Haywood Securities Inc. (collectively, the “Underwriters”). “This transformational Offering provides Newstrike and our wholly-owned licensed producer, Up Cannabis, with the capital required to complete our Niagara Facility, accelerate and enhance the national launch of the Up-Cannabis brand and seize select strategic opportunities that complement our growth strategy,” said Jay Wilgar, Newstrike’s CEO. In addition, as previously announced, the Company has granted the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If this option is exercised in full, an additional $12,000,780 will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be $92,005,980. Each Unit is comprised of one common share of the...

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