June 2016

Mettrum Announces Fourth Quarter and Full Fiscal Year 2016 Financial Results TORONTO, ONTARIO–(Marketwired – June 29, 2016) – Q4 2016 versus Q3 Financial Highlights: Revenues increased 35% to $2,714,468 Grams sold increased 32% to 305,950 grams Gross Margin increased 47% to $1,993,109 Adjusted EDITDA loss improved by 38% to a loss of $823,066 Registered clients […]

He’s a wolf in sheep’s clothing. Riding into Congress on a wave of Tea Party enthusiasm and an unwavering denial of U.S. citizens to legally consume cannabis for any reason, Maryland Congressman Andy Harris recently offered new legislation that would make it easier to legally conduct research on the therapeutic benefits of cannabis. The well-known […]

Ex-professional racers Floyd Landis and David Zabriskie both served suspensions for doping, now they are selling dope David Zabriskie and Floyd Landis in 2006 American former professional racers Floyd Landis and David Zabriskie have joined forces to launch a new company that sells cannabis-based products. Both riders were part of Lance Armstrong‘s US Postal team, […]

PharmaCielo Receives Manufacturing Licence to Process Cannabis Plants for Medical and Scientific Purposes RIONEGRO, Colombia and TORONTO, Canada, June 28, 2016 /PRNewswire/ – PharmaCielo Colombia Holdings S.A.S, a wholly owned Rionegro-based subsidiary of Canadian headquartered PharmaCielo Ltd., today announced that it has been officially granted a manufacturing licence from the Ministry of Health and Social […]

DMN rewinds to bring you the top 10 music industry stories this week. 1. Breaking: Led Zeppelin Triumphs In ‘Stairway to Heaven’ Infringement Case. The long, expensive, messy ‘Stairway to Heaven’ case is over.  On June 23rd, a California federal jury officially rejected claims that Led Zeppelin stole the opening riff to their hit song, ‘Stairway To […]

Michael Toups, Managing Director, Partner and COO of First Harvest Financial was charged today by the Securities Exchange Commission (SEC) with fraud. Toups, who served as CFO of publicly-traded Longwei Petroleum Investment Holding Limited (OTC: LPIH) from 2010 to 2013, is alleged to have made false public statements and to have misrepresented and omitted key facts when […]

Partnership with Entourage Phytolab Will Create Bedrocan Brazil and Conduct Clinical Trials Pursuant to Registration of Cannabis-Based Medicines TORONTO, June 28, 2016 /CNW/ – Canopy Growth Corporation (TSX.V:CGC) (“CGC” or “Canopy Growth”), announced today the closing of an agreement with São Paulo-based Entourage Phytolab S.A. (“Entourage”), which will see its wholly-owned subsidiary Bedrocan Canada Inc. […]

Canopy Growth Corporation Reports Fourth Quarter and Fiscal Year 2016 Financial Results Fiscal year revenues increased 4-fold and licensed production space doubled year over year SMITHS FALLS, ON, June 27, 2016 /CNW/ – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX.V: CGC) today released its financial results for the fourth quarter and fiscal year […]

Evergreen, Licensor of Tommy Chong’s Marijuana Brand “Chong’s Choice” and Segra Form Strategic Alliance That Brings True Hi Tech to the $25 Billion Cannabis Industry “Joint” Press Release LOS ANGELES, CA, Jun 27, 2016 – Segra Biogen Corp., a Cannabis Science Company, and Evergreen Licensing, LLC, a California Corporation and the licensor of Tommy Chong’s […]

Bethany Gomez, left, and Jamie Schau of Brightfield Group Insights for Dispensaries: The Importance of Budtenders Guest post by Bethany Gomez and Jamie Schau of the Brightfield Group Budtenders.  Most outside the industry would smirk at the notion of budtending as a legitimate profession, but those in the know understand they are a key component to making […]

GW Pharmaceuticals Announces Positive Phase 3 Pivotal Trial Results for Epidiolex(R) (cannabidiol) in the Treatment of Lennox-Gastaut Syndrome – Primary endpoint achieved with high statistical significance (p=0.0135) showing that Epidiolex treatment reduces drop seizures compared to placebo – – Today’s LGS data follows successful Phase 3 trial in Dravet syndrome announced in March 2016 – […]

© Stock Pot Images / Avery Gilbert II Another old school favorite, Purple Haze’s origin story is a bit clouded. Hazy, you might even say. Many people think that Jimi Hendrix wrote his hit song Purple Haze after the cannabis strain. This is incorrect, as the song was actually about the psychedelic effects of LSD. […]