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Industry News

10/10 9:18am

CannaRoyalty Announces Date for Third Quarter 2017 Conference Call

submittedby/u/sanghs[link][comments]
https://www.reddit.com/r/weedstocks/comments/75gz7h/cannaroyalty_announces_date_...
10/10 9:17am
Cannabis

Cannabis Act heads back to House, Senate process to follow

submittedby/u/mork[link][comments]
https://www.reddit.com/r/weedstocks/comments/75gz2h/cannabis_act_heads_back_to_h...
10/10 9:17am
Cultivation

Canntrust™ Reports Receiving its Health Canada Cultivation Licence for its Niagara Greenhouse Facility

submittedby/u/sanghs[link][comments]
https://www.reddit.com/r/weedstocks/comments/75gyzz/canntrust_reports_receiving_...
10/10 9:00am
APRU

The Apple Rush Company, Inc. issues corporate update and plans for the upcoming year

T
IUSVILLE, Fla., Oct. 10, 2017-- he Apple Rush Company, Inc. is proud to announce to its shareholders and partners that it is close to filing current reports with OC markets and has committed to a long ...
https://finance.yahoo.com/news/apple-rush-company-inc-issues-130000354.html?.tsr...
10/10 9:00am
Investment, Investment Firm, Cultivation, Funding

GrowLife, Inc. Secures Funding to Support Continued Expansion Efforts Through 5 Pillar Business Strategy

G
rowLife, Inc. , one of the nation’s most recognized indoor cultivation service providers, today announced that it has secured additional funding from private investment firm Chicago Venture Partners , a leading provider of capital to emerging and growth-stage small cap companies.
https://finance.yahoo.com/news/growlife-inc-secures-funding-support-130000705.ht...
10/10 8:55am
Products

Organigram Positioned for Substantial Growth from Edible Marijuana Products

submittedby/u/SBPartners[link][comments]
https://www.reddit.com/r/weedstocks/comments/75gunz/organigram_positioned_for_su...
10/10 8:45am
OTC:CANN Cannabis, Financing

General Cannabis Announces Closing of Private Financing and Preliminary Third Quarter Revenue

D
ENVER, Oct. 10, 2017-- General Cannabis Corp., the comprehensive national resource to the regulated cannabis industry, today announced the closing of a private placement financing resulting in $725,000 ...
https://finance.yahoo.com/news/general-cannabis-announces-closing-private-124500...
10/10 8:34am
VSYM

View Systems Launches Medical Therapeutics into a $7.64 Billion Market

B
ALTIMORE, MD / ACCESSWIRE / October 10, 2017 / View Systems, Inc. (OTC PINK: VSYM) today announced that it has launched a new medical division, Medical Therapeutics, a concierge medical service providing ...
https://finance.yahoo.com/news/view-systems-launches-medical-therapeutics-123400...
10/10 8:30am
AGTK Branding, Cannabis, Hemp, Cultivation, Real Estate

Agritek Holdings, Inc. Announces First Grow Pod Installation And Initial Build Out Of Pueblo Hemp Cultivation Facility Of 77 Acres Inc.

A
gritek Holdings, Inc. www.gritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and branding consultant today announced that the Company is in the final stages of ...
https://finance.yahoo.com/news/agritek-holdings-inc-announces-first-123000374.ht...
10/10 8:30am
Development

Novus Continues to Expand Provider Network

A
dding Three New Providers for Wider ccess for Procuring Patient /Members MIMI, FL / CCESSWIRE / October 10, 2017 / Novus cquisition and Development, Corp. (OTC PINK: NDEV ), through its wholly owned ...
https://finance.yahoo.com/news/novus-continues-expand-provider-network-123000688...
10/10 8:30am
Cannabis, Hemp

Marijuana Company of America and Global Hemp Group to Form Joint Venture With Space Cowboys' Colorado Farm

M
ARIJUANA COPANY OF AERICA INC. , an innovative hemp and cannabis corporation, and Global Hemp Group , , are pleased to announce that they have jointly entered into a letter of intent with Space Cowboys, ...
https://finance.yahoo.com/news/marijuana-company-america-global-hemp-123000258.h...
10/10 8:30am
ETST Development, Hemp, Research, Science

Earth Science Tech, Inc. Partners with Centre SIDA Amite Clinic to Commence Final Pre-Launch MSN-2 Human Research Study

D
oral, FL, Oct. 10, 2017-- Earth Science Tech, Inc., an innovative biotech company that operates in the fields of hemp cannabinoid, nutraceutical, pharmaceutical, medical device, research and development, ...
https://finance.yahoo.com/news/earth-science-tech-inc-partners-123000404.html?.t...
10/10 8:30am
CNAB Cannabis

Dr. Santosh Kesari Joins United Cannabis Corp. Advisory Board

R
enowned Neuro-Oncologist Will Work with Company to Develop Protocols for the Treatment of Brain Tumors DENVE, CO / ACCESSWIE / October 10, 2017 / United Cannabis Corporation (OTCQB: CNAB) (the "Company" ...
https://finance.yahoo.com/news/dr-santosh-kesari-joins-united-123000442.html?.ts...
10/10 8:00am
ABBV Research

AbbVie and Turnstone Biologics Announce Global Collaboration on Viral Immunotherapies in Oncology

N
ORTH CHICAGO, Ill. and OTTAWA, Ontario and EW YORK, Oct. 10, 2017 /PRewswire/ -- AbbVie (ABBV), a global biopharmaceutical company, and Turnstone Biologics, a clinical-stage immuno-oncology company, today announced a research, option and license agreement whereby AbbVie obtained an exclusive option to license up to three of Turnstone's next-generation oncolytic viral immunotherapies. Oncolytic viruses take advantage of defective pathways in tumors to selectively replicate in and destroy cancer cells, while cancer vaccines create killer (CD8+) T cell immune responses against tumor antigens.
https://finance.yahoo.com/news/abbvie-turnstone-biologics-announce-global-120000...
10/10 7:00am

Namaste Announces September Sales of C$1.2m Representing a 132% Year-On Increase

V
ANCOUER, British Columbia, Oct. 10, 2017-- Namaste Technologies Inc. is pleased to announce September 2017 unaudited sales as reported by the Company were C $1,198,765, representing a 132% year-on-year ...
https://finance.yahoo.com/news/namaste-announces-september-sales-c-110000633.htm...
10/10 7:00am
Cannabis, CBD, Distributor, Hemp, Products

mCig Launches Cannabiscentric Digital Ad Network eHESIVE

m
Cig Inc., , a diversified copany servicing the legal cannabis, hep and CBD arkets and leading distributor of innovative products, technologies, and services for the global recreational and edical ...
https://finance.yahoo.com/news/mcig-launches-cannabiscentric-digital-ad-11000042...
10/10 7:00am
EAPH Pharmaceuticals, Cultivation

Easton Pharmaceuticals & JV Partner Alliance Group Announces It Has Cleared Final Hurdles Toward Allowing For The Cultivation of Medical / Recreational Marijuana For National Canadian Market

E
aston Pharmaceuticals, Inc. , is pleased to announce, pursuant to its previously announced closed agreement with Canadian based -- 1124123 Ontario Limited -- that its legal team has notified aston / ...
https://finance.yahoo.com/news/easton-pharmaceuticals-jv-partner-alliance-110000...
10/10 6:03am
Cigarettes

Can Altria Actually Win by Attacking Cigarettes?

A
lawsuit 20 years ago likely never envisioned the new industry environment.
http://finance.yahoo.com/r/b7f4e348-e669-3f4b-a4d9-073615115f5d/can-altria-actua...
10/10 6:00am
Growing, Hemp, Processing, Industrial Hemp

Hemp, Inc. Pioneers Industrial Hemp Revolution with the Largest Industrial Hemp Processing Facility in the Western Hemisphere

H
emp, Inc. today outlined and clarified its core infrastructures that it has built and has been using to capture the rapidly growing industrial hemp industry. The company continues to position itself on ...
https://finance.yahoo.com/news/hemp-inc-pioneers-industrial-hemp-100000348.html?...
10/09 3:24pm
Tobacco

Here's Why This Tobacco and Marijuana Stock Plunged as Much as 16%

S
horing up the balance sheet by selling stock comes with a price.
http://finance.yahoo.com/r/6d6ea3ff-e082-3af4-aeb8-94ebfdc22b04/heres-why-this-t...
10/09 1:12pm

3 Stocks That Turned $8,000 Into $125,000 in 5 Years

F
ew companies have performed quite as well as 22nd Century Group, Willian Group, and EnviroStar.
http://finance.yahoo.com/r/22d00a4b-806d-3876-88ce-9354b228ea8b/x-stocks-that-tu...
10/09 9:27am
News

Company News For Oct 9, 2017

C
ompanies in the news are: OST, OME, XXII, YUM
https://finance.yahoo.com/news/company-news-oct-9-2017-132701219.html?.tsrc=rss
10/09 8:39am
Lights

Marijuana Stocks and Biotech Stocks Share This Striking Similarity

B
oth industries utilize a necessary evil, often to the detriment of shareholders, to ensure the lights stay on.
http://finance.yahoo.com/r/11b41603-1772-3be8-a4d7-ef71d0da1695/marijuana-stocks...
10/09 8:31am
Investors

Zoned Properties Presentation Now Available for On-Demand Viewing

C
ompany invites individual and institutional investors as well as advisors to log-on to VirtualInvestoronferences.com to view presentation SOTTSDALE, Ariz. , Oct. 9, 2017 /PRNewswire/ -- Zoned Properties, ...
https://finance.yahoo.com/news/zoned-properties-presentation-now-available-12310...
10/09 8:12am

Washington's pot industry isn't as green as you'd think

C
rosscutWashington's pot industry isn't as green as you'd thinkrosscutBut a couple of somewhat unexpected environmental wrinkles from Washington's marijuana industry — both legal and illegal — also emerge in the second annual look at the state's experience since passage of a 2012 initiative allowing recreational pot sales.
http://crosscut.com/2017/10/washingtons-pot-industry-not-environmentally-friendl...
10/09 8:10am
Research, Pharmaceuticals

Today's Research Reports on Stocks to Watch: Paratek Pharmaceuticals and 22nd Century Group

N
EW YORK, Y / ACCESSWIRE / October 9, 2017 / Shares of Paratek may have closed flat on Friday, but they were soaring to as high as $26.25 during pre-market trading after the company released encouraging ...
https://finance.yahoo.com/news/todays-research-reports-stocks-watch-121000594.ht...
10/09 6:30am
Biotechnology, Investors, Tobacco

22nd Century Group Announces $54 Million Common Stock Only Registered Direct Offering

2
nd Century Group, Inc. , a plant biotechnology company that is focused on tobacco harm reduction, announced today that it has entered into an agreement with institutional investors to receive approximately $54 million in gross proceeds in a registered direct offering through the sale of 0.57 million shares of common stock at a price of $.65 per share.
https://finance.yahoo.com/news/22nd-century-group-announces-54-103000473.html?.t...
10/09 6:00am
PNTV Media, Production, Holding Company

WeedTV.com, a Division of Players Network, Inc., Provides Update on Successful Launch and 4-Day Broadcast from WeedHouse

P
layer's Network, Inc. , a diversified holding company operating in media and marijuana, announced today that WeedTV.com successfully launched, with an original, live-streamed production from September ...
https://finance.yahoo.com/news/weedtv-com-division-players-network-100000669.htm...
10/08 5:54pm
Cannabis, Consulting

5 Tips To Successfully Open And Operate A Marijuana Dispensary

I
n a recent article, Tyler Stratford, director of client operations at Canna Advisors, one of the top cannabis consulting firms in North America, shared a few fundamental tips for obtaining a marijuana ...
https://finance.yahoo.com/news/5-tips-successfully-open-operate-215451485.html?....
10/07 10:34am

Over Its 111-Year History, This Approval Marks a First for the FDA

S
mokers will have a brand-new tool at their disposal to help them quit.
http://finance.yahoo.com/r/828649c7-dcd6-3a72-bc2c-278f34e32bb6/over-its-111-yea...
10/06 5:04pm
Cigarettes, Tobacco

What Impact Will Self-Critical Ads Have on Tobacco Stocks?

I
ncreasing FDA regulation has dented tobacco companies' revenues significantly. The latest move to advertise against cigarettes is expected to raise concerns of accelerated sales declines for traditional cigarettes.
https://finance.yahoo.com/news/impact-self-critical-ads-tobacco-210409326.html?....
10/06 4:50pm
Tobacco

Why 22nd Century Group, Inc. Are Climbing Higher Today

L
ong-awaited, clinical-trial results suggest the company's low-nicotine tobacco helps smokers quit.
http://finance.yahoo.com/r/939f219b-0533-3777-a01e-c283f264dae0/why-22nd-century...
10/06 1:11am

WISCONSIN FOR THE WIN

submittedby/u/Svyable[link][comments]
https://www.reddit.com/r/weedstocks/comments/74lkrw/wisconsin_for_the_win/
10/05 9:40pm
Cannabis

More details on co op for Alberta retail

h
ttp://calgaryerald.com/business/local-business/dozen-cannabis-producers-seek-footold-in-alberta-retail GoBlue submitted by /u/GoBlueCdn [link] [comments]
https://www.reddit.com/r/weedstocks/comments/74kk0m/more_details_on_co_op_for_al...
10/05 8:26pm
Cannabis

Canada's Licenced Producers of Medical Cannabis Form Retail Cooperative

submittedby/u/NiamorJafar[link][comments]
https://www.reddit.com/r/weedstocks/comments/74k5tt/canadas_licenced_producers_o...
10/05 8:13pm

Canopy Growth Corp. Diversifies its Product Offering to Boost Future Revenue

submittedby/u/TradingDon[link][comments]
https://www.reddit.com/r/weedstocks/comments/74k343/canopy_growth_corp_diversifi...
10/05 6:34pm
Financing, Organic

The Green Organic Dutchman Holdings Ltd. Increases Financing to $30,000,000 Due to Demand

submittedby/u/sanghs[link][comments]
https://www.reddit.com/r/weedstocks/comments/74jixd/the_green_organic_dutchman_h...
10/05 6:15pm

Cmm receives 310k grant

submittedby/u/ass_assassin89[link][comments]
https://www.reddit.com/r/weedstocks/comments/74jeqa/cmm_receives_310k_grant/
10/05 5:29pm
Management

Discussion about FIRE convertible debenture and potential takeover

H
i everyone. First of all, congrats to long on this green day ; feels good! Disclosure : holding 20 000 shares. I think this is a great compagny, i like the management view and the business plan. This being said, I'm a little concerned about the actual market cap and would like to discuss with people over here. Actual market cap is 300 millions$ (not really sure why people state in here that it is 400$m and more?, are you counting the cd?). I could see this going to 600 millions, even more, in the next year. My question is, what do you think about the 55$m in convertible debenture that is convertible at the end of january 2019 ($1.30 per share which may prove quite dilutive). Do you think this may have an impact from us getting in a take over deal or going up over 3$? SL seems to produce great quality buds for a low price. Seems logical for a compagny like ACB to acquire such compagny like CGC did with Mettrum. Thanks for your opinion. submitted by /u/BigBuck172 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/74j4al/discussion_about_fire_conver...
10/05 4:42pm

Valens GroWorks Signs CraftGrow Deal With Canopy Growth

submittedby/u/bossmanishere[link][comments]
https://www.reddit.com/r/weedstocks/comments/74it8l/valens_groworks_signs_craftg...
10/05 4:37pm
APH.V Cannabis

Aphria Improves Cannabis Oil Lineup

submittedby/u/jushymane[link][comments]
https://www.reddit.com/r/weedstocks/comments/74is6i/aphria_improves_cannabis_oil...
10/05 4:37pm

Total hypothetical here, what would happen to the shareholders of each company if Aurora and Canopy merged, or if Canopy bought out Aurora?

J
ust curious. submitted by /u/blabla1608 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/74is13/total_hypothetical_here_what...
10/05 3:10pm

Naturally Splendid Reports Second Quarter Sales for 2017

submittedby/u/Syroboy[link][comments]
https://www.reddit.com/r/weedstocks/comments/74i760/naturally_splendid_reports_s...
10/05 2:31pm

Hempco Grant of Options

submittedby/u/sanghs[link][comments]
https://www.reddit.com/r/weedstocks/comments/74hxsv/hempco_grant_of_options/
10/05 1:49pm
APH.V, TWMJF Cannabis, CBD, Investors, Production, Topicals

My argument for MedReLeaf being undervalued.

A
t first I was skeptical about the company, but after hearing an inteview from Bruce Campbell, I read some facts about them and was kind of impressed actually. It's certainly a company that's flown under the radar for a lot of you, so lets go through the bullish case for them: Bullish Case Pretty good earnings. For their fiscal 2017, they had about 40 million total in revenue. They have about 70 million in the bank as Cash. They're actually profitable. Only other company with comparable profit is phria, which is valued higher in terms of market cap. They're thinly traded so far. I think this is a positive, because it's showing how under the radar it is. I believe over time, investors will warm up to them once they know all about them and wish they'd gotten in earlier Great reviews for quality of weed! phria tends to get lukewarm reviews, however MedReleaf gets great reviews when it comes to potency, strain, choice. They've already come out with Topicals They're going to be releasing cbd pills in November. These pills have higher margin, and should significantly boost earnings. lower market cap than the big guys. Less than a billion and only 400k in volume today, they're still significantly undervalued compared to its peers. Now with inclusion into the Canadian Cannabis Retail Cooperative, it might start getting more coverage and reviews, especially with it's very solid earnings propelling it. 40 million in revenue seems relatively cheap with a market cap less than a billion in a soon to be booming industry. they have 3700 facebook followers, Tweed has like 4k on Tweed Mainstreet, 2000 on CGC, phria has 4800. But certainly better reviews than phria. It's not falling under the radar for customers, but certainly for investors finally, they're coming out with inhalors and topical creams that also bring a lot of added value and margins to the company Pharma division PE of like 100 when it's not even legal yet? Here's weak spots to my argument: Not sure how much planned production capacity they have down the line. However they do have a lot of cash to build more, and a seemingly loyal customer base. I'm probably missing some facts about the company in general. What do you guys think? lso feel free to argue against this, I'm posting this so you guys can fill in the weak spots for understanding this company submitted by /u/thethiefstheme [link] [comments]
https://www.reddit.com/r/weedstocks/comments/74hnic/my_argument_for_medreleaf_be...
10/05 12:36pm
BNRDF Facilities, News, Production

Canopy Growth Corp - Capacity and Expansion?

Y
esterday I set out to compare the production capacity expansion timeline for all the LPs that interested me, because I believe quick ramp up to high production lev. Finding this info was relatively easy for 10+ LPs (most provid, but when I came to WEED I found that the information was not readily available as it was for others. I can't help but see this is a red flag. Why did they stop publishing production capacity for their facilities after 2016? Why do they make press releases about "X% increase in production capacity" without giving the actual number? Why don't they tell us dates when they expect expansions to be completed? Are they trying to hide something? I attempted to piece together the scraps of information I could find and here's what I came up with. I welcome feedback or corrections. Smiths Falls 168,000 sqft; additional 300,000 sqft under construction. Not sure when it will be done, but went from 12 to 24 grow rooms with total of 39 planned. 8,800 kg/year current capacity. (Based on estimates from 2016 loosely extrapolated to 24 grow rooms.) 14,300 kg/year future capacity. (Based on estimates from 2016 loosely extrapolated to 39 grow rooms.) Niagara-on-the-Lake 350,000 sqft greenhouse; additional 212,000 sqft under construction targetting April 2018; additional 458,000 sqft being purchased (not sure when it will be in use). 15,000 kg/year current capacity. (High estimate from 2016.) 45,000 kg/year future capacity. (Extrapolated from 2016 estimate.) Toronto (Bedrocan) 52,000 sqft indoor. 4,000 kg current production capacity. (From older Bedrocan & 2016 estimates.) No expansion underway. Creemore (Mettrum) 20,000 sqft. 2,000 kg/year production capacity. (Guessed based on old Mettrum estimates.) No expansion underway. Bowmanville (Mettrum) 120,000 sqft (I think?); started at 60,000 but Mettrum planned to double it by Q2 2017. 12,000 kg/year current production capacity. (Taken from old Mettrum estimate). No additional expansion underway. orkton (rTrees) 90,000 sqft under construction targetting summer 2018. 3,500 kg future production capacity. (From news article.) Fredericton 100,000 sqft planned, not sure when it comes online. 4,000 kg future production capacity. (From press release.) Saint-Lucien 7,000 sqft, not sure when it comes online. Not sure what future production capacity is (likely quite small!). Edmonton 160,000 sqft, not sure when it comes online (previous tenant just left). 10,000 kg future production capacity. (From news article.) Adding it all up... Current production capacity: 41,000 kg/year. Future production capacity: 96,000 kg/year. Note that my current production capacity number above is much higher (at least 2X higher) than what they're actually harvesting. They seem to be currently harvesting ~15,000 kg/year. (5,200 kg, 2,000 kg and 5,500 kg in the past 3 quarters.) They could be limited by their licensed capacity. It's unclear when their increased future capacity will be realized. My goal in figuring this out was obviously to compare them to other LPs. Both ACB and APH are aiming to have 100,000 kg/year capacity by mid-2018. If my data above is accurate, I have a hard time seeing how WEED is going to complete with that. submitted by /u/zoo55 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/74h5iu/canopy_growth_corp_capacity_...