Author : CCT IMPACT Agent

Chicago Mayor Lori E. Lightfoot Joins Chicago Ideas as Co-Chair for 2019-2020

CCT IMPACT Agent
Mayor Lori E. Lightfoot announced her role as a Chicago Ideas co-chair for the 2019-2020 programming season today. Chicago Ideas is a nonprofit platform that exists to connect and inspire others to create a more joyous, thriving city. The platform produces high quality, yet affordable experiences and content that seek to facilitate...

Canndescent Closes $27.5 Million Series C Preferred Funding

CCT IMPACT Agent
Canndescent, California’s top-selling cultivator of ultra-premium cannabis, announced the closing of $27.5 million in Series C Preferred Funding. Leading the investment round, Green Acre Capital, a cannabis-specific venture fund from Canada, was joined by Carnegie Arch Capital, Senterra, LLC., Altitude Investment Management, JW Asset Management and a multinational beer company from Asia. Supporting the transaction, DelMorgan...

Medicinal Genomics, Arbor Biosciences Partner on Marker Discovery and Genotyping in Cannabis

CCT IMPACT Agent
Medicinal Genomics Corp. (MGC), a pioneer in genomics that improves the yield, safety, and transparency of cannabis, today announced a partnership with Arbor Biosciences, a division of Chiral Technologies, Inc. and worldwide leader in next generation sequencing (NGS) target enrichment, to introduce a new genotyping panel for cannabis. Together the...

GrowPod Showroom and Sales Office to Open in Oklahoma to Capture Share of $992 Billion Ag Market

CCT IMPACT Agent
 GP Solutions (OTC:GWPD), a leading developer of automated micro-farms called “GrowPods,” announced that GP Capital Group will open a GrowPod Showroom and Sales Office in Tulsa, Oklahoma. The Showroom will feature GrowPod systems from GP Solutions, as well as from Micro Lab Farms. GrowPods are unique, sealed indoor micro-farms that cultivate a variety of...

Medicine Man Technologies to Acquire an Additional Four Dispensaries from an Established Retailer – Largest Transaction in Company History

CCT IMPACT Agent
Medicine Man Technologies, Inc. (OTCQX: MDCL) (“Medicine Man Technologies” or the “Company”), announced today that it has entered into a binding term sheet to acquire four additional dispensaries in Colorado from a leading cannabis retailer. Under the terms of the transaction, Medicine Man Technologies will purchase the group of four dispensaries for $50,096,413, consisting...

Canopy Rivers Begins Trading on the Toronto Stock Exchange

CCT IMPACT Agent
Canopy Rivers Inc. (“Canopy Rivers” or the “Company“) (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, is pleased to announce that, as of the opening of the markets today, its class A subordinated voting shares will begin trading on the Toronto Stock Exchange (the “TSX“) under the...

The Biggest Risk Factor to the Alcohol Industry is CBD

CCT IMPACT Agent
CBD has been one of the most disruptive forces to major multi-billion-dollar industries, including alcohol. In fact, big companies have been warning about this for quite some time. For example, in a 2018 Molson Coors’ annual shareholder report, the company listed cannabis among the biggest possible risks to its business. “Although the ultimate...

New York State Vapor Association Cautions Regulators And Lawmakers

CCT IMPACT Agent
On Friday, the NYS Department of Health issued a press release with new findings on lung-related illnesses and warned against the use of “black market” vaping products. Their lab tests show high levels of Vitamin E Acetate, a thick oil found exclusively in unregulated THC cartridges (the psychoactive substance in cannabis), which...

Aurora Cannabis Announces Sale of Remaining Shares in The Green Organic Dutchman Sale of Non-Core Holdings Raises Gross Proceeds of $86.5 Million

CCT IMPACT Agent
Aurora Cannabis Inc. (“Aurora or the “Company”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today that on September 3, 2019, Aurora disposed of its remaining 28,833,334 shares, representing 10.5% of the issued and outstanding shares of The Green Organic Dutchman Holdings Ltd (“TGOD”), at...

Fyllo, Cannabis Marketing Technology Pioneer, Launches With $16 Million Initial Funding

CCT IMPACT Agent
Fyllo, the world’s first MarTech platform for the cannabis industry, today announced it has raised $16 million in startup financing from a list of premier institutional and venture capital investors. Fyllo’s seed round financing, the highest ever among Midwest startups, gives it a strong start as a leading provider of cannabis-compliant advertising...