Medical Marijuana Coming Soon to Virginia

On the heels of decriminalization and legalizing medical marijuana, Virginia’s first dispensary is set to open in August 2020. Through the current system of licensing, only five vertically-integrated entities will operate within the state initially – with Dharma representing the first scheduled opening. Initial profit predictions are middling, as Virginia will allow only a small subset of marijuana-based products at…

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Expanded Zap Offerings Provide Relief for Cannabis Dispensaries Looking For Cash Alternatives

Zap’s Lightning Network-powered Strike app will now be available on desktops. The new feature creates a public domain for each username. That domain then allows other users to tip – in both Bitcoin and dollars. Although a simple expansion, the new ‘strike.me’ domains offer an important new corridor for cryptocurrency payments. Another real-world use case, Strike’s simplicity may help it…

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3 U.S. Cannabis Stocks for 2020 and Beyond

With a growing acceptance of cannabis for medicinal and recreational use across the U.S., many new companies have launched over the past two years. What used to be small, undercover operations to supply an illegal product has turned into a flourishing industry. Big money is at stake for both companies and investors, racing to capture this huge, untapped market. So,…

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The Number 1 Defensive Stock for Your TFSA

A significant earnings event is about to happen. The safest cannabis stock, Alimentation Couche-Tard (TSX:ATD.A)(TSX:ATD.B), will announce first-quarter results for the fiscal year 2020 after the market closes today. Alimentation Couche-Tard announced a partnership with Canopy Growth to open a licensed medical marijuana dispensary in Ontario in February 2019. The agreement allows Alimentation to sell legal cannabis through Canopy Growth’s…

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Henry’s Original Hauls $11 Million Series B Led By Merida Capital Partners

Henry’s Original operates as a California-based vertically-integrated cannabis company, which cultivates its flower products entirely out of Mendocino County. The cannabis company holds a combined thirteen licenses with the state of California, which cover nursery, cultivation, processing, distribution, and sales. Overall, Henry’s Original holds over 100,000 square feet of cannabis cultivation space and a retail dispensary license in California. Among…

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Cannabis Company Kaya Holdings,Inc. (OTCQB:KAYS) Completes Purchase of Eugene,Oregon Based Marijuana Grow and Manufacturing Facility in $1.55MM Deal to Feed Kaya Shack™ Supply Chain.

Kaya Holdings Kaya Shack

KAYS to develop medical grade laboratory facilities for the production of a line of proprietary Kaya Cannaceuticals™ . Portland, Oregon October 23, 2018 — Kaya Holdings, Inc. (OTCQB: KAYS) announced today that it has concluded the purchase of the Eugene, Oregon based Sunstone Farms manufacturing facility, which is licensed by the OLCC (Oregon Liquor Control Commission) for both the production…

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Captor Capital Purchases Chai Cannabis Inc. for US$6.1 Million

Captor Capital Corp Marijauna

TORONTO, Aug. 07, 2018  — Captor Capital Corp. (“Captor” or the “Company”) (CSE:CPTR; FRANKFURT:NMV; USOTC:NWURF) today announced that it has agreed to purchase Chai Cannabis Inc. for US$6.1 million in cash and a further US$200,000 to purchase existing inventory at cost. Chai Cannabis currently operates a fully adult use dispensary in Santa Cruz, California. One of the most popular dispensaries in the…

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