GRN Assets to Become Marijuana Inc. in Key Reform
GRN Holdings Corporation, Inc. (OTC Pink: GRNF) will become known as Marijuana Inc. from now on, pending approval. The company also announced new changes in management and its business model, as well as a corporate restructuring. The company said it amended articles with the Secretary of State of Delaware and a related Financial Industry Regulatory Authority (FINRA) corporate […]
CBD Company Remits to Pay out Eastwood $2 Million
A judge ordered a California-based CBD company to pay actor Clint Eastwood $2,029,245.07 on August 2, 2022, according to a report by Law360. Garrapata, LLC filed a Complaint against Norok Innovation, Inc., Eric Popowicz and others alleging trademark infringement. Garrapata holds all trademarks related to Mr Eastwood and Mr Eastwood’s name and persona rights apart from […]
Braxia Buys KetaMD in Deal Treasured at $6.2 Million
Brazil Scientific Corp. (CSE: BRAX) (OTC: BRAXF) acquired KetaMD, Inc. in a bid to expand ketamine-based psychedelic treatment for depression and other mental health challenges. The deal’s overall value is $6.2 million in a combination of common shares and convertible notes. KetaMD was founded by psychedelic pioneers Zappy Zapolin and Warren Gumpel, mindfulness instructor and brand experience expert Kaia […]
Audacious Sketches Northeast Strategy as Profits Upsurge
Australis Capital Inc. (CSE: AUSA) (OTCQB: AUSAF), also known as Audacious, reported its unaudited results for its fiscal year ending March 31, 2022, on Tuesday. Australis said revenues increased by over 1,200% to nearly $9.5 million. The company attributed the increase to a full year of ALPS revenue consolidated (51% of ALPS acquired on March 8, 2021), as […]
Germany Windups Cannabinoid Medication for Insomnia
Zelira Therapeutics Ltd (ASX: ZLD, OTC-QB: ZLDAF) received formal approval from German regulatory authority BfArM to launch in the German medical cannabis market for its new insomnia medication Zenivol. Zenivol is the first clinically validated, pharmaceutical-grade, cannabis-based sleep medication. Zenivol’s clinical research achieved the highest level of scientific review when it was peer reviewed in the […]
TransCanna Recives $15 Million Loan Through Pelorus Equity Group
Pelorus Equity Group closed on a $15.8 million debt financing agreement with TransCanna Holdings Inc. The company said in a statement that the proceeds would be used to refinance and develop TransCanna’s California facility, pay construction costs, and pay interest on existing debt. TransCanna was founded by industry pioneer and advocate Bob Blink – with one lamp and a […]
SOL Global See Heavy Losses, Contracts Cannabis Holdings
After the markets closed on Friday, SOL Global Investments Corp. (CSE: SOL) (OTCPK: SOLCF) posted colossal losses as it searched for stability amid new leadership changes. The company released the findings in its unaudited financial report card for the second quarter ending May 31, 2022. The company recorded a net loss of $128.7 million compared to the same period […]
Industry Update: Hemp Good for Fiber & Food, But May Get downgraded as “Special Crop”
Despite the cloud that has descended over U.S. Hemp, a dwindled number of hearty survivors are sticking around, turning their attention to the promise of fiber in textiles, construction, bioplastics, and other industries, grain for food, and seed-oil-based personal care products. But opportunities in those sectors don’t offer nearly the get-rich-quick promise of CBD that […]
Few Tips That First Time Medical Marijuana Patients Must Know
A few tips for a smooth transition to cannabis cures. After some thorough discussion and debate, many states are now recognizing the viability of medical marijuana to help treat and alleviate the symptoms of several health problems. Of course, this isn’t to say the use of medical marijuana is absolute. Some metrics have to be […]