Category: The Pulse

Liberty Health Sciences Closes Acquisition of New Campus in Gainsville, Florida, Introduces Liberty 360° Innovation Campus

by Todd | Feb 16, 2018 | CULTIVATION & RETAIL, General | • Liberty also receives approval from Department of Health to expand existing facilities and secures new dispensary location in South Tampa for a total of 6 confirmed Florida locations to-date TORONTO, ON; February 16, 2018 – Liberty Health Sciences Inc. (CSE: LHS and OTCQX: LHSIF) (“Liberty” or the “Company”) announced today that it has closed the acquisition of a 387-acre parcel of land in Gainesville, Florida, previously owned by Alico Citrus Nursery, LLC. The property will become the home of the new Liberty 360° Innovation Campus (“Liberty 360”), with state-of-the-art greenhouses and processing facilities that firmly establishes Liberty as one of the leading medical cannabis providers in Florida. “We’re thrilled to establish the Liberty 360 campus as our innovation hub for the cultivation, production and processing of high-quality, pharmaceutical-grade medical cannabis for the rapidly expanding patient demand in Florida,” said George Scorsis, Director and CEO of Liberty. “Liberty 360 will enable us to expand our production capabilities and provide a broader range of products and delivery methods to Florida’s patients in need. It will also serve as our center for new product innovation and development as we remain on the leading edge of the medical cannabis industry.” Liberty 360’s existing facilities, which includes over 200,000 square feet of state-of-the-art greenhouses and processing facilities will undergo a retrofit...

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Hiku Brands Awarded Prized Retail Cannabis License In Manitoba

by Todd | Feb 16, 2018 | CULTIVATION & RETAIL, General | • One of only four proposals selected to operate cannabis retail stores in Manitoba as part of world’s first RFP process for federally legal cannabis retail. TORONTO, Feb. 16, 2018 /CNW/ – Hiku Brands Company Ltd. (“Hiku” or the “Company”) (CSE: HIKU), is pleased to announce that its wholly-owned subsidiary, Tokyo Smoke, with participation by BOBHQ, has been conditionally awarded one of four master retail licenses (the “License”) in Manitoba’s highly competitive Request for Proposal (“RFP”) process for the right to operate retail cannabis stores. The License gives Tokyo Smoke the ability to operate legal retail cannabis stores and an online cannabis sales platform in Manitoba. This represents a significant milestone for Hiku and BOBHQ as one of only four successful entities selected in a highly competitive process. Hiku is excited to bring its award winning retail experience to Manitoba and Manitoba cannabis consumers. The Company commends the leadership shown by the Province of Manitoba in setting up a competitive, privatized cannabis retail system to ensure the responsible management of cannabis distribution and sales within the province ahead of the anticipated adult-use legalization date of Summer 2018. “We are honoured to be selected as one of four companies to operate retail cannabis stores in Manitoba”, said Alan Gertner, CEO of Hiku. “This achievement is a validation of...

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Delta 9 and Canopy Growth awarded retail license in Manitoba

by Todd | Feb 16, 2018 | CULTIVATION & RETAIL, General | WINNIPEG, Feb. 16, 2018 /CNW/ – The Manitoba government today announced that an opportunity to legally retail recreational cannabis in the province has conditionally been awarded to a consortium consisting of Delta 9 Cannabis Inc. (TSXV: NINE) (“Delta 9” or the “Company”) and Canopy Growth Corporation (WEED: TSX), (“Canopy Growth”). The issuance of the license is contingent on the signing of a formal agreement with the provincial government, which include meeting a series of conditions attached to the retail licensing process. The license would authorize the Delta 9/Canopy Growth partners to build and operate a chain of retail stores throughout the Province of Manitoba. The first location for Delta 9 has already been constructed in the Osborne Village area of Winnipeg, and has been operating for several months as a resource centre and clinic. That location will become the first of many more stores, says Company CEO John Arbuthnot. “It is hard to overstate how important this award is for our company, our shareholders, and for the future of the legal cannabis industry in Manitoba,” Arbuthnot said. “As the only Manitoba producer licensed to sell cannabis, and partnered with the world’s largest cannabis company, we feel we are uniquely situated to serve the Manitoba market with both quantity and quality of product.” Delta 9 management estimates the...

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Emerald Health, Strategic Majority Investor in Nemus Bioscience, Completes Final Closing of Private Placement Investment Ahead of Schedule

by Todd | Feb 16, 2018 | General, Pharma & Biotech | • Nemus Bioscience Receives $1,750,000 Private Placement to Help Advance Innovative Bio-engineered Cannabinoid Pipeline Costa Mesa, Calif., Feb. 16, 2018 (GLOBE NEWSWIRE) — NEMUS Bioscience, Inc. (OTCQB: NMUS, “Nemus”) is pleased to announce that today it received $1,750,000 in the final closing of the private placement from Emerald Health Sciences Inc. (“Emerald”) and additional investors in accordance with a previously executed securities purchase agreement, which is $750,000 greater than previously announced. Emerald purchased 15,000,000 shares of common stock at $0.10 per share and warrants to purchase a further 20,400,000 shares of common stock at $0.10 per share. Emerald holds a majority of Nemus’ common shares on a fully converted basis. “Nemus brings a robust cannabinoid developmental pipeline into Emerald’s family of life science companies,” noted Dr. Avtar Dhillon, CEO and Chairman of Emerald Health Sciences. “Emerald stands with Nemus and their discovery partner, the University of Mississippi, to now advance Nemus’ portfolio of proprietary biosynthetic cannabinoid molecules into the next pivotal stages of development.” “We are delighted with Emerald’s commitment to advance Nemus’ pipeline, particularly as we now advance multiple ophthalmology targets including animal studies of our analog of cannabidiol (CBD) to potentially treat and manage dry eye syndrome, as well as moving toward human studies of our prodrug of THC to treat glaucoma. Both therapeutic targets...

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Canopy Growth successful in bid to operate private retail stores in Manitoba

by Todd | Feb 16, 2018 | CULTIVATION & RETAIL, General | SMITHS FALLS, ON, Feb. 16, 2018 /CNW/ – Canopy Growth Corporation (TSX: WEED) (“Canopy Growth” or the “Company”) is pleased to announce that it has been conditionally selected by the Government of Manitoba to operate cannabis retail stores in the province after a rigorous and highly competitive RFP process. Canopy Growth, along with its partner Delta 9, is one of four successful candidates chosen to operate a number of retail locations throughout the province. Further details on locations and store quantities will follow as the RFP process is finalized. Once official, this will mark Canopy Growth’s second provincial retail agreement after previously announcing plans to apply to operate four retail stores in the Province of Newfoundland & Labrador. To date, four provinces in Canada have put forward their retail and supply frameworks including New Brunswick, Newfoundland & Labrador, and Prince Edward Island; and all of them have chosen Canopy Growth as a trusted partner and supplier. Just this week, Canopy Growth also entered into a Letter of Intent (LOI) with the province of Quebec to supply up to 12,000 kg of cannabis in that province annually. “I would like to commend the Government of Manitoba on choosing a competitive retail model that offers access to a variety of new and existing cannabis brands to Manitobans,” said Mark...

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Volunteers Ingest Cannabis to Help California Police Identify Stoned Drivers

Legal cannabis comes with some things that most people might not think of. One of those things is how legalization potentially impacts the safety of our roadways. Up until very recently, smoking cannabis around cops would be a terrible idea. But that is precisely what a group of volunteers did in the Santa Ana, California area. The volunteers participated in what were called “green lab” field test experiments, with the goal of aiding police and other public servants in identifying drivers who are stoned. Volunteers agreed to take field sobriety tests at the beginning of the experiment, while they...

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