Category: cannabis business

California Insurance Commissioner Approves Coverage for Those Who Lease Space to Marijuana Businesses

Among the many challenges faced by those looking to get into the legal cannabis industry, getting insurance is one of the most important. Anyone who owns a car, home, business, etc. knows just how important insurance coverage is. Since many businesses in or near the cannabis industry can’t get coverage, they are vulnerable to all sorts of calamities that “mainstream” businesses are not. In California, medical marijuana dispensaries have been operating for many years, but companies in the recreational cannabis industry in the state only began operating on or after January 1st of this year. This has brought the...

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Authorities in California Order Weedmaps to Stop Listing Unlicensed Marijuana Businesses

Getty The California Bureau of Cannabis Control has ordered online cannabusiness listing giant Weedmaps to take down advertisements for companies in the state that do not have valid licenses. In a letter to Ghost Management Group (owner of Weedmaps) CEO Doug Francis dated Feb. 16th, the Bureau said that Weedmaps.com “must immediately cease all activity that violates state cannabis laws.” The letter goes on to say that because a cannabis business in California needs “a valid state license from a state licensing authority…to legally operate a commercial cannabis business within the state of California,” Weedmaps must remove all listings...

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UPDATE: Over $6k in new donations raised for 6-year-old battling brain tumor up to $10k will be matched by CBD company

HALLANDALE, Fla. – Green Roads, a Florida-based manufacturer and supplier of ​CBD products has helped raise over $6,000 in donations since Feb. 2 for EJ Francis, a local six-year-old undergoing chemotherapy to combat a growing inoperable brain tumor. Earlier this month, Green Roads pledged to match up to $10,000 in new donations made after Feb. 2 to a GoFundMe campaign, which was set up to help cover the cost of Francis’s medical expenses. Since Green Roads’ commitment, the GoFundMe campaign and a donation page set up on Green Roads’ website has received over $6,000 in new donations. These funds and new donations...

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GREEN SPIRIT INDUSTRIES INC. NAMES DR. HARLAN R. RIBNIK, MD TO BOARD OF DIRECTORS

San Juan, Puerto Rico, February 21, 2018 – Green Spirit Industries Inc. (OTC Pink: GSRX) (“Green Spirit” or, the “Company”) announced today that Dr. Harlan R., Ribnik, MD has been named to the Company’s Board of Directors, effective immediately. Dr. Ribnik is a licensed anesthesiologist and pain management specialist actively practicing in Colorado, Wyoming and Idaho. He began private practice in Wyoming in 1989. Since 2005, he has limited his practice to pain management. In addition to his private practice, Dr. Ribnik is a clinical instructor at the University of Wyoming College of Human Medicine. “We are pleased and...

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LEAFLINK IS THE FIRST COMPANY IN CANNABIS NAMED TO FAST COMPANY’S TOP 10 MOST INNOVATIVE COMPANIES IN ENTERPRISE LIST

New York, February 20, 2018 – Fast Company today announced its annual ranking of its Top 10 Most Innovative Companies in Enterprise for 2018, honoring leading enterprises and rising newcomers that exemplify the best in business and innovation. LeafLink, the largest marketplace for wholesale cannabis, was named to this year’s prestigious list, becoming the first company in the cannabis industry to receive the distinction on the enterprise list. This notoriety by Fast Company comes on the heels of an extremely successful year for the startup, including expansion into its sixth state, a $10 million Series A funding round, and...

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NANOSPHERE HEALTH SCIENCES INC. INCREASES CAPACITY AT KEY COLORADO PRODUCTION FACILITY

Demand for the Company’s Groundbreaking Transdermal Evolve NanoSerum™ Driving Production DENVER – February 05, 2018 – NanoSphere Health Sciences Inc. (CSE: NSHS, “NanoSphere”) is pleased to announce that, in response to growing demand for the NanoSphere’s Evolve NanoSerum™ product, its Colorado license partner has increased production capacity at its facility.  “NanoSerum is a state-of-the-art formulation that carries a full spectrum of cannabinoids and phytochemicals with precision-metered dosing, every time,” said Dr. Richard Kaufman, NanoSphere’s Chief Science Officer. “This development is an extremely encouraging sign of market demand for new methods for cannabinoid delivery.” “This is a watershed moment for our...

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