Medipharm Labs Has Taken Another Major Step Forward To Advance The Company’s Entry Into The Pharmaceutical Sector Last year, we highlighted MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) as one of the most misunderstood and undervalued cannabis companies. Following a series of transformational announcements, we remain bullish on the business and believe that our readers need to be aware of how the story has advanced so far this year. A few weeks ago, MediPharm Labs announced an important milestone and was issued a Cannabis Drug License (CDL) from Health Canada. The license is necessary for the company to manufacture and supply cannabis-based drugs. The products that are allowed with a CDL include pharmaceutical prescription drugs that have a drug identification
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First Major Asian-American Owned Cannabis Enterprise in Northern California Partners With Agnetix Lighting Technology for Three Large-Scale Greenhouses in 2021
First Major Asian-American Owned Cannabis Enterprise in Northern California Partners With Agnetix Lighting Technology for Three Large-Scale Greenhouses in 2021 Despite operational hiccups stemming from the COVID-19 pandemic and supply chain shortages, Missouri Health & Wellness is working quickly to open five dispensary locations in the state’s medical cannabis market, which officially launched its first sales in October.The company holds five retail licenses, which is the maximum number of licenses that any one company can have in Missouri’s market. Missouri Health & Wellness opened its first location in Washington at the end of November, and its second location in Sedalia just before Christmas. The company then opened a third dispensary in the state’s capital, Jefferson City, on Jan. 25. Now, Missouri
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All Eyes on New Jersey, New York, Connecticut: Week in Review
All Eyes on New Jersey, New York, Connecticut: Week in ReviewSLANG Worldwide is bringing its suite of cannabis brands to Missouri and Virginia, two newly legalized medical cannabis markets that offer a lot of promise to the business. In the same stroke, SLANG is expanding its presence in Michigan’s retail sector.This all came about through SLANG’s new strategic partnership with Merida Capital Holdings, a private equity firm that touts a deep portfolio—both plant-touching and ancillary. For SLANG, the move allows the business to place its proprietary brands (O.pen, Bakked, District, Pressies, Lunchbox Alchemy and Firefly) in front of new patient and customer bases. As CEO Chris Driessen said, "Integrating our brands in emerging markets through strategic partnership is core to our growth strategy.” Here, we caught
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Faulty solar system fears drive sales
Faulty solar system fears drive sales Sydney-based installer Solaray Energy reports that one in five inquiries come from people concerned about faulty or failing solar PV systems. Solaray Energy Director Jonathan Fisk said his company last year received hundreds of inquiries from people with several-year-old systems that were poorly designed and not working well. “Up to 20% of our inquiries at the moment are coming from people with a faulty, failing or poor-performing solar PV system,” he said. “The problem is that too many systems used poor-quality equipment or were poorly installed to keep the price down. Over time, these systems start degrading or failing, leaving many consumers with no recourse or remedy as often the installers have long since left the market. This,
How to Determine if it’s Time to Expand Your Cultivation Business Domestically?
How to Determine if it’s Time to Expand Your Cultivation Business Domestically? ALBANY, New York, Feb. 17, 2020 - PRESS RELEASE - Governor Andrew M. Cuomo today announced 30-day amendments to the Governor's proposal to establish a comprehensive adult-use cannabis program in New York. Specifically, these amendments will detail how the $100 Million in social equity funding will be allocated, enable the use of delivery services, and refine which criminal charges will be enforced as it relates to the improper sale of cannabis to further reduce the impact on communities hit hardest by the war on drugs. "As we work to reimagine, rebuild and reopen New York, we're taking every opportunity to address and correct decades of institutional wrongs to build back
Union vocal about WA power plan
Union vocal about WA power plan The Western Australian Liberal Party’s plan to shut down two power stations in Collie within four years would put Perth’s power supply at risk and throw thousands of workers on the scrap heap, the mining and energy union has said. According to the Construction, Forestry, Maritime, Mining and Energy Union (CFMEU), over 1500 direct jobs in the power stations and mines that supply them would be lost under WA Opposition Leader Zac Kirkup’s proposal to shut the Collie and Muja power plants by 2025. Many more jobs and businesses would also be threatened by local coalmines becoming unviable — including Worsley Alumina, which relies on local coal. “This insane plan to close these power stations by 2025 would
Aurora Cannabis Gets Price Targets Slashed After Lackluster Q2 Earnings Release
Aurora Cannabis Gets Price Targets Slashed After Lackluster Q2 Earnings Release Last week, Aurora Cannabis Inc. (ACB.TO) (ACB) released second quarter financial results and the market responded negatively to the numbers. Following the earnings report, several leading Canadian and US broker-dealers responded with the following: ATB Capital Markets raised its price target to $13 from $10.50 (CAD) MKM Partners changed its rating to Sell from Hold Canaccord Genuity raised its price target to $14 from $11 (CAD) Stifel raised its price target to $7.8 from $6.50 (CAD) During the second quarter, Aurora Cannabis recorded a more than $290 million net loss on $70 million of revenue. The company reported a Adjusted EBITDA loss of $16.8 million and the amount included termination and restructuring