Author: Cynthia Salarizadeh

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Founder and CEO of AxisWire, Founder and President of the luxury cannabis brand the House of Saka, Co-founder of Green Market Media & Industry Power Women. Cynthia is a contributing writer for Entrepreneur and Forbes. She sits on the Forbes Communications Council and holds a degree from the University of Pennsylvania and a certificate in journalism from Georgetown University.

Recent Stories by Cynthia Salarizadeh
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Avatar photoCynthia SalarizadehJuly 23, 20187min00

Part 4 of 8 of the 2018 Cannabis Trends: Welcome to Hollyweed

Another emerging trend in the cannabis industry is the growing level of comfort between Hollywood and cannabis. Although it’s no secret that many Hollywood stars have been known to indulge in cannabis use from time to time, most have been reluctant to publicly open up about their affinity for cannabis. But now that recreational cannabis is legal in California, it seems like every celebrity with even a modicum of fame is rushing to cash in on the legal cannabis industry.

Before recreational cannabis became legal in California, there were already a handful of daring celebrities that launched their own cannabis brands.

As an ardent medical cannabis advocate, Montel Williams was one of the first celebrities to dive feet first into the cannabis industry. In 2016, Williams launched the medical cannabis lifestyle brand Lentiv; which sells hemp-based CBD supplements and cannabis oils.

Melissa Etheridge was also one of the first celebrities out of the gate; in 2014 she released her own brand of cannabis wine called Know Label. Although marketed as a wine, Know Label is technically classified as a tincture as current California law forbids the selling of products that mix alcohol and cannabis.

To the surprise of no one, Snoop Dogg and Tommy Chong launched their own cannabis brands; Leafs by Snoop and Chong’s Choice.

As legalization spread throughout the country, becoming more of a question of when than if, more celebrities have come out of the woodwork. Willie Nelson has Willie’s Reserve, Gwyneth Paltrow’s lifestyle brand Goop recently teamed up with the cannabis dispensary chain MedMen, and Whoopi Goldberg has Whoopi & Maya.

Not every cannabis loving celebrity wants to start their own brand, however, some just want to consume it. For those famous folk, a whole host of high-end luxury cannabis brands have started to take Hollywood by storm.

To start, the boutique hotel group Standard International has teamed up with the edibles maker Lord Jones to open a retail cannabis shop in the lobby of the Standard Hollywood, located on Sunset Boulevard. Once open, the shop will be stocked with high end cannabis products; both edible and smokeable.

During this year’s Academy Awards, the artisanal cannabis distributor Flow Kana became the first cannabis brand to hand out cannabis gift bags at the awards ceremony. Each bag contained several pre-rolled joints and jars of cannabis.

While stoner comedies have been a staple of Hollywood for decades, the same cannot be said of television; that is, until the last couple of years. The web series High Maintenance, which centers on a cannabis delivery man in New York, was picked up by HBO in 2016 and has been met with rave reviews.

Similarly, the streaming giant Netflix has already produced two cannabis-centered television shows, Disjointed and Cooking on High. Although neither show has been met with particularly favorable reviews, the fact that its subject matter is no longer controversial demonstrates the far reaching mainstream appeal of cannabis.

For all intents and purposes, cannabis has gone mainstream in Hollywood. In the short-term future, look for more celebrities entering into the cannabis industry, either with their own brand or as a partner with an existing company. Most of these brands will either fail commercially or simply fail to distinguish themselves; although the brands that lean into the luxury market will have a better chance of survival. Expect to see more awards shows and elite events embrace cannabis and don’t be surprised when joints become as common as a glass of champagne.

In the long-term, however, expect to see cannabis become boring. With more celebrities coming out about their cannabis use, more television shows about cannabis being produced, and more cultural institutions generally embracing cannabis; smoking a joint will no longer be seen as cool or edgy or anything other than normal.

You can download the 2018 Cannabis Trend Report for free by clicking here.


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Avatar photoCynthia SalarizadehJuly 9, 20185min00

Toronto, Ontario, July 9, 2018 /AxisWire/ CordovaCann Corp. (OTCQB:LVRLF) (“CordovaCann” or the “Company”), a leading cannabis-focused consumer products company, is pleased to announce that the Company has received conditional approval to list its common shares on the Canadian Securities Exchange (the “CSE”). Final approval is subject to the completion of customary listing requirements of the CSE, including receipt of all required application documentation. A date for the listing and posting for trading of CordovaCann’s common shares will be determined upon the CSE’s confirmation of all conditions being met.

Mr. Taz Turner, Chairman & CEO of CordovaCann stated, “The receipt of conditional approval for listing on the CSE is an important milestone for the Company. We look forward to receiving final approval as listing on the CSE will allow CordovaCann to gain access to the capital markets in Canada, expand the Company’s shareholder base and improve liquidity for its investors.”

To be added to the Company’s distribution list, please email cordova@kcsa.comwith “Cordova” in the subject line.

About CordovaCann Corp.

CordovaCann Corp. (formerly LiveReel Media Corporation) is a Canadian-domiciled company focused on building a leading, diversified cannabis products business across multiple U.S. jurisdictions. CordovaCann primarily provides services and investment capital to the processing and production vertical markets of the cannabis industry.

Forward-looking Statements

This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management’s views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. The Company cannot provide assurances that the matters described in this press release will be successfully completed or occur or that the Company will receive final approval for the listing of its common shares on the CSE. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management’s ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the Company’s ability to retain key management and employees; intense competition and the Company’s ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company’s public filings on EDGAR and SEDAR. The Company undertakes no obligation to update information contained in this press release. For further information regarding risks and uncertainties associated with the Company’s business, please refer to the risks and uncertainties detailed from time to time in the Company’s EDGAR and SEDAR filings.

The press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of Company securities in any state in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

 

Contact:

Phil Carlson / Elizabeth Barker

KCSA Strategic Communications

cordova@kcsa.com

(212) 896-1233

 


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Avatar photoCynthia SalarizadehJuly 9, 201811min00

Toronto – July 9, 2018 /AxisWire/ Golden Lead Holdings Ltd. (“Golden Leaf” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions company and dispensary operator built around recognized brands, today announced the election of Mr. Karl R. “Rick” Miller, Jr. to Chairman of the Company’s Board of Directors, replacing Mr. Gary Yeoman. The Company also announced two new members of the Company’s Board of Directors, Mr. John Varghese and Dr. Michael “MC” Crooke, effective June 29, 2018.

Mr. Miller was appointed to the Board of Directors in April, as announced in the Company’s press release dated April 25, 2018. In his capacity as Chairman, Mr. Miller will also serve “ex-officio” on the Compensation, Nominating and Governance, Audit, and Disclosure Committees. Mr. Varghese will chair  the Compensation Committee and join the Audit and Disclosure Committees, and Dr. Crooke will join the Nominating and Corporate Governance Committees.

“We are excited to have Rick elected as Chairman of Golden Leaf’s Board. Rick has been a dedicated member of the Board since joining in April, with proven expertise and foresight as an entrepreneur and mentor to growing businesses across multiple organizations. I would also like to thank Gary Yeoman for his invaluable contributions to the Board over the past year. During this time, Golden Leaf has undergone a major transformation and he leaves the Company in a strong position to continue its growth path,” said William Simpson, CEO of Golden Leaf.

Mr. Miller commented, “I am delighted to continue and expand my work on the Board during a time of exciting growth at Golden Leaf. As a leader in the cannabis industry, Golden Leaf is poised for significant expansion and I am excited to continue my work with fellow Directors to help the Company continue to grow and drive value creation for our shareholders.”

Mr. Varghese has a deep background in mergers and acquisitions, investing, operations and the capital markets. Mr. Varghese’s professional experience ranges from private equity, venture capital and investment banking to senior management and Board of Director roles in various industries in both public (TSX and NASDAQ) and private companies. Having held CEO, COO, SVP and CFO positions, his career has included senior management roles within multi-national corporations including Quarterhill Inc., CI Financial Corp., Royal Bank Capital Corporation, Midland Walwyn Capital Inc. (Merrill Lynch Canada), Dell Computer Corporation and Jim Pattison Industries Ltd. He has served on over 20 boards, acting as Chairman on six of those, as well as chairing multiple compensation committees and participating on numerous audit committees.

Dr. Crooke is a professor of business strategy at the Lundquist College of Business at University of Oregon. Previously he was the founding and lead faculty of the Socially, Environmentally and Ethically Responsible (SEER) business certificate program at Pepperdine University. Dr. Crooke is also an independent consultant counseling high-growth businesses on strategic issues, in particular, developing direct to customer strategies that create an emotional connection to the brand. He currently serves on the Board of Directors of The Nantucket Project, an annual gathering of some of the world’s leading thinkers, visionaries, and performers. He also is chairman of ForB, a juvenile products company. Dr. Crooke has been recognized by Trust Across America as one of Top 100 Thought Leaders in Trustworthy Business Behavior (2012-13). In April of 2012 the Ford Foundation named Dr. Crooke one of the “10 Innovators Changing Our World,” and profiled him as one of 10 cutting-edge innovators who are shaping new sustainable businesses and influencing positive change around the world.

“We are pleased to welcome Mr. Varghese and Dr. Crooke to Golden Leaf’s Board. With proven expertise in private equity, venture capital and investment banking, as well as leadership experience at both public and private corporations, Mr. Varghese will bring critical knowledge to Golden Leaf’s Board. Dr. Crooke, with years of experience advising high-growth businesses, will bring strategic marketing and branding expertise to the Company,” concluded Mr. Simpson.  

To be added to the distribution list please email GLH@kcsa.com with “GLH” in the subject line.

About Golden Leaf Holdings

Golden Leaf Holdings Ltd., a Canadian company with operations in multiple jurisdictions including Oregon, Nevada and Canada, is one of the largest cannabis oil and solution providers in North America, and a leading cannabis products company built around recognized brands. Golden Leaf cultivates, extracts, manufactures and distributes its products through its branded Chalice Farm retail dispensaries, as well as through third party dispensaries. Golden Leaf leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil. Visit goldenleafholdings.com to learn more.

 

Investor Relations:

Phil Carlson  

KCSA Strategic Communications

GLH@kcsa.com

212-896-1220 / 212-896-1233

 

Media Relations: Anne Donohoe / Nick Opich

KCSA Strategic Communications

adonohoe@kcsa.com/nopich@kcsa.com

212-896-1265 / 212-896-1206

 

Company:

William Simpson

Chief Executive Officer

Golden Leaf Holdings Ltd.

503-477-7626

William@chalicefarms.com

 

Disclaimer: This press release contains “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company’s future business operations, the establishment of, and the future scope and scale of, the Chalice Farms retail system, the level of funding needed to establish the Chalice Farms franchise model, that the Chalice Farms franchise model will be successful and generate positive cash flows, the opinions or beliefs of management and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the Company’s participation in the adult use market, market risks, risks inherent in manufacturing operations, difficulties of establishing a successful franchise model and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. Forward-looking information is provided herein for the purpose of presenting information about management’s current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. This press release does not constitute an offer of securities for sale in the United States, and such securities may not be offered or sold in the United States absent registration or an exemption from registration or an exemption from registration.

 


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Avatar photoCynthia SalarizadehJune 19, 20184min00

Malibu, CA, June 18, 2018 /AxisWire/ America’s premiere dispensary, 99 High Tide in Malibu, California and Jetty Extracts have come together for the month of June to help support several LGBTQ+ Non profits for Gay Pride Month. “As proud supporters of the LGBTQ+ community and Gay Pride Month, we are honored to team up with Jetty Extracts to do something meaningful and helpful for those in need”.  Says actress, activist and 99 High Tide CEO, Yvonne DeLaRosa Green.

If you Purchase any Jetty Reckless Rainbow product, Jetty and PAX will make a donation to  LGBTQ+ nonprofits, such as Mr Friendly, a grassroots advocacy group fighting the stigma surrounding testing, treatment, and living with HIV with a message of love and inclusivity. “Our mermaids (Cannabis Consultants) are letting all of our patients know about this wonderful  opportunity to support this great cause” says 99 High Tide General Manager, Vanessa Rodriguez.  Jetty is also currently seeking applications from California-based LGBTQ+ advocacy groups looking to share in a portion of the proceeds @ jettyextracts.com.

In collaboration with dispensaries like 99 High Tide, Jetty Extract’s “Love More” initiative will also raise awareness of LGBTQ+ needs.  Jetty’s educator and staff training director, Luna Stower shared that “We love teaming up with dispensaries like 99 High Tide who are based on principles of genuine compassion and service and leading the movement in their communities.” says Stower.  “99 High Tide are in touch with the community and they are authentic; they are the folks doing it from their heart.”

Jetty Extracts knows about heart and compassion, since day one they have been active in helping those in need as well with programs such as The Shelter project which provides cancer patients clean and safe medicinal cannabis oil at no cost to the patient. “Its a symbiotic relationship” said 99 High Tide COO/Sam Boyer. “We choose to work with brands that care about people and our planet.” “As an industry based on healing, compassion and yes, love, it is critical that we consistently show up and stand up for the most vulnerable in our communities.  Those in the cannabis industry have a very precious opportunity to show other industries that one of the most important things we can do is to help others. ” Says DeLaRosa Green.

Media Inquiries:
Vanessa Rodriguez
415.407.8056/ HighSpirtsHealing@gmail.com
Source 99 High Tide Collective- Malibu, Calif.
Related links: www.99hightide.com www.jettyextracts.com


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Avatar photoCynthia SalarizadehJune 19, 20183min00

Seattle, WA, June 19, 2018 /AxisWire/ MainStem, Inc. a leading cannabis e-commerce technology company, has launched an integrated marketplace with BioTrackTHC, a seed-to-sale software in the legal cannabis industry. BioTrackTHC has rolled out the integration to customers in Colorado, Washington, California, Puerto Rico, and Montanawith additional states to be rolled out systematically over the next several weeks. Customers can now enjoy the benefit of purchasing all their packaging, retail accessories, lighting, grow supplies and traceability equipment within their BioTrackTHC’s user-interface at competitive pricing.

“When our team created the MainStem Affiliate Program, we understood the influence it could have within our industry, and we’re ecstatic to see our community recognizing how easy it is to use,” said Garrett Hampton, CTO of MainStem, Inc.  “MainStem is known for our strength in product offerings and efficiencies, and this partnership provides BioTrackTHC’s user base with strong support from our business and our approach to open and connected partners throughout the industry. I look forward to extending integrations with all software applications and partners looking to streamline the overall process of supply chain management.”

Alen Nguyen, CEO of MainStem, Inc. commented: “We realized the opportunity presented by the fragmentation of the ancillary supply market in the cannabis industry. MainStem is revolutionizing the way traditional supply chain management is happening in the industry “.

“Imagine you’re dealing with thousands of plants/products being moved around in your seed-to-sale software and you realize you need more nutrients or packaging.  You’d have to leave what you’re working on to order more supplies, or make yourself a note to do it later,” said Dr. Moe Afaneh, COO of BioTrackTHC. “Without any incurred costs or change in monthly billing, we’re providing a way for customers to order those supplies without breaking from what they’re currently working on.  Businesses already invest so much time and money into seed-to-sale and compliance, so this adds a more efficient process to yet another facet of their business and does so in a way that also offsets the cost of your seed-to-sale software by leveraging partnerships.”

About MainStem, Inc.

MainStem, a technology-based ancillary product distribution company in the regulated cannabis industry, is the leading comprehensive marketplace in the industry, with over 10,000 products for cannabis businesses to choose from. The company integrates its marketplace into significant industry software providers to maximize its customer reach and simplify the procurement process for industry businesses. To learn more, please visit https://www.gomainstem.com/

Linden Mundekis,

MainStem, Inc.

206-492-7173

media@gomainstem.com

 


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Avatar photoCynthia SalarizadehJune 18, 20185min00

Jamil Myrie To Manage Development, Execution of Retail Operations for Nation’s Largest Cannabis Company

New York City, June 18, 2018 /AxisWire/ Acreage Holdings (“Acreage”) (www.acreageholdings.com), the nation’s largest, multi-state actively-managed cannabis corporation, announced the hire of Jamil Myrie as the Head of Retail Operations. Myrie brings deep experience in expansion, strategic partnership development, and operational efficiency from leadership roles at GrandVision NV and For Eyes, both national optical retail chains. In his new role he will be responsible for the development, implementation, and execution of Acreage’s rapidly growing retail portfolio.

Myrie, a Harvard graduate, spent the past 18 years leading retail development and expansion. Most recently, he worked with GrandVision NV, a leading global optical retailer, to drive a North American expansion strategy across one thousand retail locations. Myrie spent over 16 years at For Eyes, a national optical retail chain, leading real estate, strategic planning, asset management and operations. He was also in charge of maximizing operational efficiency through and after For Eye’s 2015 acquisition by GrandVision.

In his new role as Head of Retail Operations, Myrie will manage Acreage’s rapidly growing retail portfolio spanning 12 states and growing. Acreage, which is on track to become the world’s leading cannabis company, is focused on providing safe, predictable and affordable cannabis through vertically integrated operations, including cultivation, processing and dispensing. In addition to managing portfolio acquisitions, Myrie will be leading the development, launch, and management of an innovative multi-state retail brand concept that Acreage will be announcing later this year.

On Myrie, Acreage CEO Kevin Murphy said, “Jamil’s skillset and professional experience enable him to keep pace with Acreage Holdings’ growth strategy. He brings a unique understanding of complex industries and changing regulatory landscapes. Acreage is committed to maximizing the consumer experience within the cannabis industry and Jamil will play a critical role in ensuring that our vision is developed and implemented to the highest level.”

On his new position, Jamil Myrie added, “I am humbled and excited to join the best team in the industry. Working with Acreage offers a rare opportunity to have a voice in the national conversation around cannabis. Leading the retail operations will enable me to leverage my professional experience to maximize expansion efforts and operational efficiency with a relentless focus on the consumer experience.”

ABOUT ACREAGE HOLDINGS

Acreage Holdings is a vertically integrated, multi-state owner of cannabis licenses and assets in states where either medical and/or adult use cannabis is legal.  Headquartered in New York City and currently operating in 12 states, Acreage owns cultivation, processing and dispensary operations and has among the largest footprints of any cannabis company in the U.S.  The company is focused on building and scaling the best-in-breed operations and creating the best consumer-focused cannabis experiences and brands in the space.

Communications Contact:

Lewis Goldberg / Jon Goldberg

KCSA Strategic Communications

212-896-1282

Acreage@kcsa.com

Company Contact:

Harris Damashek

Acreage Holdings

Chief Marketing Officer

917-877-1766

h.damashek@acreageholdings.com

 


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Avatar photoCynthia SalarizadehJune 11, 20183min00

Los Angeles, June 11, 2018 /AxisWire/  Julia Orozco of Los Angeles County’s Office of Cannabis Management and Cat Packer, executive director of the City of Los Angeles Cannabis Licensing Department, have joined an impressive list of city, county and state officials who will headline a major cannabis policy seminar in Long Beach this Thursday, June 14.

The “6 Since 64” seminar, hosted by Angeles Emeralds, will be held at The Grand Long Beach from 9:00 a.m. to 3:00 p.m. Thursday, June 14. Over 150 representatives from more than 30 cities in Los Angeles County have so far registered for the seminar.

Jonatan Cvetko, co-founder of Angeles Emeralds, said the addition of Orozco and Packer to the speakers’ roster closed the circle on the information base for seminar attendees. “Those who are attending the seminar will hear from most of the top officials at the state of California, Los Angeles County and the City of Los Angeles about the issues and solutions involving public health and safety in light of the passage of Proposition 64 legalizing cannabis in California.”

Angeles Emeralds announced earlier that Sonya Longman, Undersecretary of the state’s Business, Consumer Services, and Housing Agency; Dean Grafilo, Director of the Department of Consumer Affairs; and, Lori Ajax, Chief of the state’s Bureau of Cannabis Control had agreed to participate in the seminar.

“The goal of the seminar is to create a better understanding of what is required for cities to build a suitable framework for regulating cannabis in a way that recognizes the issues of revenue, public health and public safety,” Cvetko stated. Voters in nearly 80 percent of the cities in Los Angeles County voted in favor of Proposition 64. Visit the Angeles Emeralds website: (www.angelesemeralds.org) for more information.

 

FOR IMMEDIATE RELEASE: June 11, 2018

CONTACT: Bob Sanders

(209) 658-5534

rsandersla@gmail.com

 


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Avatar photoCynthia SalarizadehJune 8, 201810min00

Denver, June 8, 2018 /AxisWire/ Medicine Man Technologies Inc. (MDCL) (“Medicine Man Technologies” or “Company”), one of the United States’ leading cannabis branding and consulting companies today provided a significant update regarding new client as well as other elements associated with our corporate development.

Since its last update in mid-April, the Company is pleased to announce that one of its two Ohio dispensary clients has won a license, three clients in Pennsylvania having just completed their filings of cultivator/processor applications in mid-May, a cultivation client in Arkansas, a cultivation client in Canada, a cultivation client in California, and two clients in Michigan. The Company is also beginning to field multiple qualified inquiries from groups in Oklahoma, Missouri, and New Jersey for which it is confident new clients will be onboarding once regulatory elements are better defined.

Andy Williams, Chairperson of Medicine Man Technologies’ Board of Directors stated, “We are pleased with our continuing expansion into new states as well as growth in our existing client base both here in the US and internationally. We were once again impressed with the quality of new leads generated as the result of our participation in the MJ Business NEXT conference (www.mjbizdaily.com) held this past month in New Orleans where Mr. Roper, our CEO was a featured presenter and participant in the invitation-only, CEO Executive Summit.”

The Company is pleased to announce it has just raised an additional $1.0M in equity through a Board approved extension of its existing Regulation D offering to a single accredited investor and will be closing out this funding option in the very near future.

Joshua Haupt, Medicine Man Technologies’ Chief Revenue Officer stated, “Based upon the depth and strength of our management team’s experience, we are actively preparing to take advantage of various qualified plant touching opportunities nationally and internationally as we to work expand our core business. As we noted in our mid-April press release, we are in the final stages of due diligence in consideration of partnering with a publicly traded Canadian LP License holder for the exclusive deployment of both our nutrient line as well as our cultivation intellectual property with a focus on the Micro-Cultivator and Micro-Processor license types in Canada. We are confident that such operators utilizing our combined guidance will enjoy the lowest cost of operations as they take advantage of our proven indoor cultivation practices to produce quality and tested safe Cannabis related products.”

Brett Roper, Medicine Man Technologies’ co-founder, and CEO commented, “I am very disappointed with this week’s veto of HB 18-1011 by John Hickenlooper, one that would have allowed fully reporting public companies to hold Cannabis licenses here in Colorado. The bill, which passed with the overwhelming support of our legislature earlier this year would have provided greater transparency as well as substantially improved access to capital allowing Colorado entrepreneurs to continue to lead the industry.

Mr. Roper continued, “With this veto Colorado based businesses will be forced to continue to sit on the sidelines while observing extraordinary investment in, strong economic growth of, and robust valuations evolve in Canada as well as internationally of Cannabis industry related businesses. We believe that the next Colorado Governor will have a favorable business perspective coupled to a more comprehensive understanding of our industry when this opportunity reappears on next year’s legislative agenda. Medicine Man Technologies continues to be optimistic that this form of transparent ownership will become a reality in the near future, allowing Cannabis Businesses to continue to thrive here in Colorado as well as nationally.”

Lastly and certainly not least, congratulations to our friends to the north as the passage of C45 now only requires amendment reconciliation in the House of Commons. We tip our hats to our Canadian friends and wish them well in their new adult use initiative’s deployment!

Established in March 2014, the Company secured its first client/licensee in April 2014. To date, the Company has provided guidance for several clients that have successfully secured licenses to operate cannabis businesses within their state. The Company currently has or has had active clients in California, Iowa, Oregon, Colorado, Nevada, Illinois, Michigan, Arkansas, Pennsylvania, Florida, Ohio, Maryland, New York, Massachusetts, Puerto Rico, Canada, Australia, Germany, and South Africa. We continue to focus on working with clients to 1) utilize its experience, technology, and training to help secure a license in states with newly emerging regulations, 2) deploy the Company’s highly effective variable capacity constant harvest cultivation practices through its deployment of Cultivation MAX, and eliminate the liability of single grower dependence, 3) avoid the costly mistakes generally made in start-up, 4) stay engaged with an ever expanding team of licensees and partners, all focused on quality and safety that will “share” the ever-improving experience and knowledge of the network, and 5) continuing the expansion of our Brands Warehouse concept through entry into industry based cooperative agreements and pursuing other acquisitions as they prove suitable to our overall business development strategy.

Safe Harbor Statement

This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the Securities and Exchange Commission. Among other matters, the Medicine Man Technologies may not be able to sustain growth or achieve profitability based upon many factors including, but not limited to, general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing and new service lines, noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations where we will be providing services, the impact of which cannot be predicted at this time.

To be added to our distribution list, please email, MDCL@kcsa.com with MDCL in the subject line. For more information, visit us at 
 www.medicinemantechnologies.com , www.threealight.com or www.successnutrients.com

 


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Avatar photoCynthia SalarizadehJune 6, 20187min00

Irvine, CA, June 6, 2018 /AxisWire/ Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, is pleased to announce that it has commenced cultivation at its new Sparks facility, following approval from the State of Nevada. Utilizing Terra Tech’s proven practices and procedures, the team has successfully begun cultivation of its first cannabis crop, planting the first seeds in early June. Terra Tech expects to distribute and sell cannabis grown at the Sparks facility from its first harvest throughout Nevada by the fourth quarter of 2018.  

Construction of the 30,000 square foot cultivation facility was completed during the first quarter of 2018, in conjunction with NuLeaf Sparks. The Sparks facility was built out using LED lights to increase efficiencies and reduce the cost of production. Terra Tech’s proprietary IVXX cannabis products will be grown and harvested at the Sparks facility under the safest and most beneficial conditions. All products will be thoughtfully produced, rigorously tested and certified to the highest standards of potency and purity. IVXX cultivated at the Sparks location will be sold at Terra Tech’s BlĂŒm retail and medical cannabis dispensaries in Reno, Nevada and Las Vegas, Nevada, and to third party dispensaries.

Derek Peterson, CEO of Terra Tech, commented, “We recently received the necessary permits from the State of Nevada to commence cultivation at our brand new cultivation facility in Sparks, Nevada and have planted our first seeds. We plan to cultivate a variety of cannabis strains for patients and consumers under our IVXX brand, including offerings with varying THC and CBD concentrations. Scaling our cannabis cultivation to support our wholesale business as well as to supply our four dispensaries in Nevada will enable us to meet demand from the growing cannabis market. This is just latest milestone in our expansion strategy and we are excited to ramp our production of premium quality cannabis for the medical and adult-use markets.”

To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.

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About Terra Tech

Terra Tech Corp. (OTCQX: TRTC) operates through multiple subsidiary businesses including: BlĂŒm, IVXX Inc., Edible Garden, and MediFarm LLC.  BlĂŒm’s retail and medical cannabis facilities provide the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions as well as premium cannabis to the adult-use market in Nevada and California. BlĂŒm offers a broad selection of cannabis products including; flowers, concentrates and edibles through its Oakland, CA and multiple Nevada locations. IVXX, Inc. is a wholly-owned subsidiary of Terra Tech that produces cannabis-extracted products for regulated medical cannabis dispensaries throughout California and medical and adult-use dispensaries in Nevada. The Company’s wholly-owned subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as ShopRite, Walmart, Ahold, Aldi, Meijer, Kroger, Stop & Shop and others nationwide. Terra Tech’s MediFarm LLC subsidiaries are focused on medical and adult-use cannabis cultivation and permitting businesses throughout Nevada.

For more information about Terra Tech Corp visit: http://www.terratechcorp.com/ 
For more information about IVXX visit: http://ivxx.com/ 
For more information about BlĂŒm Nevada visit: http://letsblum.com
For more information about BlĂŒm Oakland visit: http://blumoak.com/ 
Visit us on Facebook @ https://www.facebook.com/terratechcorp/timeline 
Follow us on Twitter @terratechcorp 
For more information about Edible Garden visit: http://www.ediblegarden.com/ 
Visit Edible Garden on Facebook @ https://www.facebook.com/ediblefarms?fref=ts 
Visit IVXX on Facebook @ https://www.facebook.com/ivxxbrand?fref=ts

CONTACTS

Terra Tech Corp.

Philip Carlson

KCSA Strategic Communications

TRTC@kcsa.com     

212-896-1238

 


kushbottles.jpg
Avatar photoCynthia SalarizadehJune 6, 20189min00

Innovative Packaging for Modern Medicine

Santa Ana, CA, June 6, 2018 / AxisWire/ Kush Bottles, Inc. (OTCQB: KSHB) (“Kush Bottles” or the “Company”), a leading provider of packaging, supplies, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions for the regulated cannabis industry, today announced that it has launched a new division, Koleto Packaging Solutions, that will bring new, FDA-compliant packaging solutions to the pharmaceutical and veterinary industries.

The global pharmaceutical packaging market is expected to reach USD 158.8 billion by 2025. Kush Bottles plans to utilize its expertise from its industry-leading cannabis-focused packaging business to supply packaging solutions to these two new markets. The new division will be run by Edd Pratt, Executive Vice President, and is expected serve pharmaceutical companies and veterinary clinics across the United States.

Kush Bottles’ CEO Nick Kovacevich commented, “As a leading provider of packaging solutions to the cannabis industry, we have an unrivaled track record of creating products that are elegant, while remaining compliant with all of the various state and local regulations. This expertise makes us uniquely suited for scaling our institutional knowledge into other heavily-regulated industries. Virtually all of our products are related to other industries and we see important applications for our child-resistant containers that adhere to stringent FDA regulations, which we believe makes these products relevant to pharmaceutical and veterinary clients. Additionally, our expertise in incorporating customizable branding into our packaging solutions will help clients in these industries achieve a one-of-a-kind look and feel for their products. We believe that entering these new market verticals will allow us to leverage our existing knowledge and infrastructure to significantly expand this underserved market from a packaging innovation perspective.”

With tens of billions of dollars poured into pharmaceutical research, and new products coming to market every day, it can be challenging for companies to keep up with effective and appropriate packaging. Kush Bottles believes that to date, there has been little creative and innovative packaging solutions available for those products. Far from a one-size-fits all mentality, Koleto Packaging Solutions will be able to provide child-resistant packaging and state-of-the-art solutions for nearly any product or device.

“In speaking with many of the key stakeholders, such as the manufacturers and distributors, we see an opportunity to address how packaging in pharmaceutical and veterinary industries are handled, stored and used and aim to create a solution that fits the end-users’ specific needs,” continued Mr. Kovacevich.  “Our priority is finding packaging solutions that ensure the quality and safety of all pharmaceuticals while addressing the problem of stale innovation.”

To be added to the distribution list, please email ir@kushbottles.com with “Kush” in the subject line.

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About Kush Bottles

Kush Bottles, Inc. (OTCQB: KSHB) is a dynamic sales platform that provides unique products and services for both businesses and consumers in the cannabis industry including CBD manufacturers. Founded in 2010 as a packaging and supplies company for dispensaries and growers, Kush Bottles has sold more than 1 billion units and now regularly services more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe. The Company has facilities in the three largest U.S. cannabis markets and a local sales presence in every major U.S. cannabis market.

Kush Bottles aims to be the gold standard for responsible and compliant products and services in the cannabis industry. Kush Bottles has no direct involvement with the cannabis plant or any products that contain THC or CBD.

The Company has been featured in media nationwide, including CNBC, Los Angeles Times, TheStreet.com, Entrepreneur, and business magazine Inc.

For more information, visit www.kushbottles.com or call (888)-920-5874.

Forward-Looking Statements

This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: “potential,” “expect,” “look forward,” “believe,” “dedicated,” “building,” or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC), available at: www.sec.gov, and on the Company’s website, at: www.kushbottles.com.

 

Kush Bottles Contacts

Media Contact:
Anne Donohoe / Nick Opich
KCSA Strategic Communications
212-896-1265 / 212-896-1206
adonohoe@kcsa.com / nopich@kcsa.com

Investor Contact:
Phil Carlson / Elizabeth Barker
KCSA Strategic Communications
212-896-1233 / 212-896-1203
ir@kushbottles.com

 


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