Invest in MJ Blog

FOR IMMEDIATE RELEASE: OCTOBER 23, 2015

Statement from Chairman Gary Besaw

(Keshena, WI) –Today, Federal Agents improperly and unnecessarily entered the sovereign lands of the Menominee Indian Tribe of Wisconsin and destroyed the Tribe’s industrial hemp crop.

In May 2015, the Menominee Indian Tribe of Wisconsin Tribe legalized the growing of low THC non-psychotropic industrial hemp by Tribal licensees on its lands. Notice of this change in Tribal law was provided to the United States Attorney Office for the Eastern District of Wisconsin. This action was intended to comply with Congress’s actions in 2014 Farm Bill which recognizing a distinction between marijuana and industrial hemp that created an exception to the Controlled Substance Act to allow for growth, cultivation and the study of industrial hemp in certain circumstances. The Tribe’s industrial hemp crop was always intended to be a legal crop as allowed by the 2014 Farm Bill.

In response the federal actions, Chairman Besaw stated the following:

MassRoots, Inc. (MSRT), one of the largest and fastest growing social networks for cannabis consumers, is pleased to announce it has filed an application to become one of the first cannabis technology companies listed on the NASDAQ Capital Market. Last year, MassRoots was one of the first cannabis-related companies to go public through a Registration Statement on Form S-1, as opposed to a reverse-merger.

MassRoots has demonstrated tremendous growth in recent quarters, more than doubling its userbase since the beginning of 2015 to a half million users. The Company recently started monetizing its digital properties and is expecting to rapidly scale its revenues over the next several quarters. Sitting at the intersection of cannabis and mobile technology, MassRoots offers a direct play on the regulated marijuana industry without ever touching the plant itself.

“Uplisting to the NASDAQ Capital Market would be a significant milestone not just for MassRoots, but the cannabis industry as a whole,” stated MassRoots Chief Executive Officer Isaac Dietrich. “We believe that uplisting to a national exchange like the NASDAQ would enable MassRoots to attract a broader range of institutional investors, increase share liquidity and help shift the paradigm about investing in the regulated marijuana market.”

Kelowna, BC / August 24, 2015 / Lexaria, Corp. (OTCQB:LXRP) (CSE:LXX) (the “Company”) is very pleased to announce potential industry-changing achievements in enhanced gastro-intestinal absorption of cannabidiol (CBD) utilizing Lexaria’s patent pending technology. The recent thirdparty testing was conducted in two phases of in vitro tests beginning in June and completed in August, 2015.

The independent laboratory results have delivered average CBD permeability of 499% of baseline permeability, compared to CBD permeability without Lexaria’s technology. These results exceed Company expectations.

This was assessed in a strictly controlled, in vitro experiment using a human intestinal tissue model. Samples of Lexaria’s commercially available CBD-fortified ViPova™ black tea were administered in the model compared with concentration-matched CBD control preparations that lacked Lexaria’s patent-pending formulation and process enhancements. Lexaria believes that its in vitro findings provide compelling evidence of the intestinal absorption enhancing capabilities of its technology, based on which it is exploring opportunities to progress to more advanced, follow-on bioavailability testing in animals.

SMITHS FALLS, ON, July 8, 2015 /CNW/ - Tweed Marijuana Inc. ("TMI" or "the Company"), parent company of Tweed Inc. ("Tweed") and Tweed Farms Inc. ("Tweed Farms") is pleased to announce that pursuant to notification received today from Health Canada, licensed producers such as Tweed and Tweed Farms will be eligible to produce and sell cannabis oils pending the necessary inspections and approvals from Health Canada.

Until today the Marihuana for Medical Purposes Regulations (MMPR) only allowed for the sale of dried cannabis flower. With the addition of cannabis oils to the regulatory framework, Tweed will be able to significantly increase its product offering to provide a more diverse variety for practitioners and patients.

"This is a natural sign of progression in the industry and a big step forward for patients seeking access to a variety of diverse products," said Mark Zekulin, President of Tweed. "Tweed has the largest growing facilities in the country, and is ready to move expeditiously to offer its customers a diverse line of oil extracts."

Transaction Unites Canada’s Two Strongest Cannabis Brands, and Establishes World’s Largest Publicly-Traded Cannabis Producer

June 24, 2015 – Toronto and Smiths Falls, Canada – Tweed Marijuana Inc. (“TMI” or “Tweed”) (TSXV: TWD), operator of licensed cannabis producers Tweed Inc. and Tweed Farms Inc., and Bedrocan Cannabis Corp. (“Bedrocan Canada”) (TSXV: BED) are pleased to announce that they have entered into a definitive arrangement agreement, pursuant to which TMI will acquire all of the issued and outstanding securities of Bedrocan Canada. TMI will be renamed at its annual meeting of shareholders to reflect its evolution as a multi-brand holding company. This acquisition marks the beginning of the structured evolution of the Canadian cannabis sector, and it is intended that TMI’s portfolio of technologies, brands and geographies will continue to expand.

BOULDER, Colorado and SAN DIEGO, California—June 16, 2015—Shift Cannabis Company and Innovative Solutions today announced a dynamic alliance that teams the market-leading strengths of each company to transform the medical cannabis industry. Through the use of the Puradigm cutting edge technology, used to manage and control microbial, mold, and pathogen growth during indoor cultivation, these two companies are tackling head-on one of the most prominent and pertinent issues facing the commercial cannabis industry today.

The alliance aims to redefine the way medical cannabis growers produce product using the advanced Puradigm technology to purify the air and surfaces in the grow environment. Working together Shift Cannabis Co. and Innovative Solutions will be able to address key cannabis industry cultivating challenges including:

• Controlling microbial and pathogens throughout the production facility
• Purifying air and surfaces in grow rooms for clean flower development
• Managing the dry and cure process by attacking gray mold and botrytis
• Providing a clean process for packaging and storage of clean product

Shift Cannabis Co. is involved in all core markets of the cannabis industry from seed to sale providing professional business services to retailers and producers alike. With over a decade of commercial, regulated cannabis cultivation expertise, and over fifteen years of combined experience in cannabis organizational management including Lean and Six-Sigma Processing, their leadership team only utilizes products that work. When asked about his corporate culture Travis Howard, Founder and General Manager of Shift, had this to say, “As a former attorney I was used to being able to test theories against long-standing case law so I made sure our team had test gardens, places where they could break and fix, infect and clean, really put inventions to work under real-life demanding circumstances. If we haven’t used it, effectively, we don’t consult it. Period.”

Naturally Splendid Enters into Definitive Securities Purchase Agreement to Acquire 51% interest in POS BPC Manufacturing Corp. 

Vancouver, British Columbia - June 15, 2015 - Naturally Splendid Enterprises Ltd. ( “Naturally Splendid” or “NSE”) (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announce it has entered into a definitive securities purchase agreement (the “Purchase Agreement”) with POS Management Corp. (“POS Management” or “POS Bio-Sciences”), a wholly owned subsidiary of POS Holdings Corp. (“POS”), whereby POS Management will sell 51 Class A shares of POS BPC Manufacturing Corp. (“BPC”) to Naturally Splendid and, in consideration of which, Naturally Splendid has agreed to pay CAD $1,750,000 (the “Cash Payment”) to POS Management and will issue 367,647 common shares of Naturally Splendid (the “Consideration Shares”) at a deemed price of $0.68 per share to POS Management. POS Management also agreed that the Consideration Shares will be subject to a trading restriction for a period of 12 months from the date of issue.

World's Most Visible Cannabis TV Expert Makes Live Appearance at Canada Cannabis Conference Media Tour in Toronto on June 22, 2015

Beverly Hills, CA (PRWEB) June 14, 2015

Cheryl Shuman is pleased to announced that she has formed a joint venture alliance with both Jacob Securities and the Canada Cannabis Conference. In this international venture, Jacob Securities and Cheryl Shuman have teamed up to recruit the participation of the biggest names in the investment world, celebrity culture and in the legalized international marijuana market.

Cheryl Shuman will be hosting and presenting at the Canada Cannabis Conference, created by Jacob Securities Inc., on June 22, 2015

SAN DIEGO, May 18, 2015 (GLOBE NEWSWIRE) -- Cannabis has been illegal in Brazil – regardless of whether the origin is from marijuana or hemp. That has all changed thanks to two mothers, one in the United States and one in Brazil – and Real Scientific Hemp Oil™ (RSHO™), a Medical Marijuana, Inc.-marketed hemp product via its partnership with HempMeds Brasil™.

Medical Marijuana, Inc. (OTC Pink:MJNA) is proud to announce to shareholders and the public that HempMeds Brasil's™ RSHO™ product has been written into world history as the first cannabis product to be approved for import by Brazil's federal government and used as a prescription for approved medical indications within Brazil including epilepsy (CDKL5 and Dravet Syndrome). HempMeds Brasil™ is providing the RSHO™ exclusively for the Brazilian marketplace while under temporary broad approval for additional medical indications, subject to clinical trials within the country.

Today, any resident of Brazil who has a government-approved medical indication can have access to RSHO™ hemp oil products and may do so with both a doctor's prescription and government-approved import documentation. ANVISA has issued a statement on the agency's website, featuring a photo of a tube of RSHO™ from HempMeds Brasil™, and explains how to apply for an import certificate. Currently the product is approved via direct registration from an individual consumer, HempMeds Brasil™ has been working for over a year on its formal product drug application and submission. The company expects this to take through 2015 to complete.

May 29, 2015 - Medbox, Inc. (OTCQB: MDBX), a leading provider of specialized consulting and technology solutions to the legal marijuana industry, today announced that its wholly owned subsidiary, Vaporfection, has signed an exclusive North American distribution agreement for its “miVape” vaporizer with VaporNation, the largest wholesaler and online retailer of vaporizers.

The miVape vaporizer, which is expected to be available for purchase in June, is a self-contained, USB-rechargeable unit that uses medical grade, food-safe and heat resistant materials to deliver the healthiest experience possible.

“VaporNation is a symbiotic fit for Vaporfection as we introduce our portable, true convection miVape vaporizer to the market. I believe it is truly a game changer in terms of its high-quality construction, superior performance and strict adherence to safety standards,” said Dan Wynick, President of Vaporfection. “Aligning with VaporNation provides access to a robust distribution network as well as amazing marketing opportunities that will help us meet the demand for a high-caliber, portable vaporizer at an affordable price.”