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Cannabis Wednesday News: Hongkong Drugs Chief Rules out Legalization of Cannabis

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Hongkong Drugs Chief Rules out Legalization of Cannabis

thestandard - The government will definitely not legalize cannabis, the Commissioner for Narcotics, Ivy Law Chui-mei, said as more countries move to bring the drug mainstream.

Law said the number of people taking drugs in the first three quarters dipped 4 percent from the same period last year to 4,526.

However, the use of cannabis surged 23 percent in the same period.

MJardin Announces First Shipment of Recreational Cannabis from Brampton Facility to the Ontario Cannabis Store

globenewswire - MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) (the “Company” or “MJardin”), a leader in premium cannabis production, today announced that its partner Robes Inc. BLLRDR, brand has shipped its first cannabis dried flower products. Shipments will initially be to the Ontario Cannabis Store (“OCS”), with shipments to other provinces planned to begin shortly.

Wellness Company Sees Super-Strength Weed Being at Heart of Super-strength Anti-ageing Skin Spray

thegrowthop - Australian cannabis firm Dolce Cann Global has been tapped by Wellfully to use its propriety marijuana strains, something the wellness company argues could lead to products that help combat ageing, skin blemishes, acne and arthritis.

That belief flows from Dolce Cann’s propriety cannabis strains, all of which “boast a mix of cannabinoids with much stronger anti-inflammatory properties than standard CBD.” 

Wellness Company Sees Super-Strength Weed Being at Heart of Super-strength Anti-ageing Skin Spray - thegrowthop

American Cannabis Company, Inc. Discusses Non-Binding LOI for The Acquisition of Naturaleaf with The Stock Day Podcast

yahoo - The Stock Day Podcast welcomed American Cannabis Company, Inc. (OTCQB: AMMJ) ("the Company"), a company offering end-to-end solutions to existing and aspiring participants in the cannabis and hemp industries. CEO of the Company, Terry Buffalo, joined Stock Day host Everett Jolly.

Jolly began the interview by commenting on a recent press release by the Company detailing the execution of a non-binding letter of intent to purchase assets of Naturaleaf. 

Lantern to Become First Platform to Offer Recreational Cannabis Delivery in Colorado

prnewswire - Lantern, the leading on-demand cannabis e-commerce marketplace and home delivery platform in the U.S., has today announced plans to be the first on-demand cannabis delivery service to offer recreational delivery in Colorado, beginning early 2021. Residents of Aurora, whose City Council passed a vote in favor of recreational delivery on December 21st, will likely be the first in the state to access Lantern's services once the city finalizes the permitting process next year. Lantern is an independently operated subsidiary of Drizly Group, the largest online marketplace and delivery service for alcohol in North America and a market leader in Colorado.

Cresco Labs Recognized by Clio Cannabis for Marketing Creative Excellence

yahoo - Cresco Labs (CSE:CL) (OTCQX:CRLBF) ("Cresco" or "the Company"), one of the largest vertically integrated, multistate cannabis operators in the United States, is proud to announce that it was honored with three awards from the 2020 Clio Cannabis Awards. The Clio Awards is the premier international awards competition for the creative business, and its second annual Clio Cannabis awards program revealed the winners during a virtual ceremony last week. Cresco Labs took home two Bronze trophies, one for the Company’s "CLOSED FOR CHANGE" Juneteenth initiative in the Print & Out of Home Craft category and the other for its Cresco brand’s "Lefty Left Coast Launch" Los Angeles campaign in the Print & Out of Home category. In addition, Cresco Labs’ Good News brand was a shortlist winner in the Brand Identity category.

Halo to Acquire Cannabis Processing Technology Company, Announces CA$2.25M Private Placement Deal

benzinga - Cannabis extraction company Halo Labs Incdeclared Tuesday it intends to acquire a cannabis processing technology company, 1275111 B.C. Ltd.

Under the deal, the company will obtain all of 1275111’s issued and outstanding shares in exchange for its 147,475,343 common shares.

IWK's Poison Centre Sees sudden spike in Children Eating Cannabis Edibles

cbc.ca - Parents are being asked to use caution after five children had to be admitted to the IWK's poison centre in the last nine days after consuming cannabis edibles.

That's the number of cases of unintentional ingestion the hospital typically sees in a year.

Cannabis Edibles, Extracts, and Topicals Are Coming Soon
IWK's Poison Centre Sees sudden spike in Children Eating Cannabis Edibles - cbc.ca

Two New Members Appointed to Massachusetts Cannabis Control Commission

cannabisbusinesstimes - Two new members have been appointed to the Massachusetts Cannabis Control Commission, according to a MassLive.com report.

Gov. Charlie Baker, Treasurer Deborah Goldberg and Attorney General Maura Healey have announced the appointments of Nurys Z. Camargo and Bruce Stebbins to the five-member board, which oversees the state’s cannabis industry.

Pre-Christmas Cannabis Sales Expected to Hit $400 Million, New Years Sales to Top $81 Million

prnewswire - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), estimates cannabis sales to spike this holiday season.

Akerna anticipates that in the week leading up to the start of the Christmas holiday (12/18-12/24), weekly average cannabis sales will increase 15%, generating $400 million.

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