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Thursday, April 27, 2017

Today's Viridian #Cannabis Deal Tracker; Week Ending 4.21.2017

Today's Viridian #Cannabis Deal Tracker; Week Ending 4.21.2017

Viridian Capital Advisors (www.viridianca.com)

April 27, 2017 (Investorideas.com Newswire) Viridian Capital Advisors, LLC reports on its weekly Viridian Activity in the Cannabis Industry for the week ending April 21, 2017.




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Big #Marijuana #Investors Hear Pitches from Dozens of Startups in Austin

Big #Marijuana #Investors Hear Pitches from Dozens of Startups in Austin
Noted Canadian entrepreneur Jim Estill and Austin-based herbal products pioneer Mark Blumenthal Keynote Event; Dozens of Promising Cannabis Companies from Around the World Pitch Investors in ‘Shark-Tank’ Style Format

Austin, TX - April 27, 2017 (Investorideas.com Newswire and www.420cannabisinvestorideas.com) More than 200 high net-worth investors from around the world will gather in Austin, TX at the Arcview Investor Forum to hear pitches from dozens of promising cannabis companies in a "Shark Tank" like forum. The Arcview Investor Network includes more than 625 accredited investor members who have put more than $115 million behind 141 cannabis-related companies.

Disclosure: The Arcview Group is featured on the 420 Cannabis Investor Ideas Directory at www.420cannabisinvestorideas.com


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Wednesday, April 26, 2017

MJ Freeway Reports Cannabis Retail Sales for April 20 "4/20" Holiday Exceeded $45M

MJ Freeway Reports Cannabis Retail Sales for April 20 "4/20" Holiday Exceeded $45M


DENVER - April 26, 2017 (Investorideas.com Newswire and www.420cannabisinvestorideas.com) MJ Freeway, the cannabis industry's leading provider of seed-to-sale traceability solutions, reports that cannabis retail sales for the largest marijuana holiday exceeded $45 million, a 20% increase compared to the 2016 holiday.
Prior to the holiday, MJ Freeway predicted a 20% increase in retail cannabis sales and a 10% increase in customer traffic. MJ Freeway's predictions and reports are based on sales data figures compiled through analysis of their majority cannabis retail market share.


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New Frontier Data 2017 #Cannabis Industry Annual Report Reveals Medical Cannabis Patients Outspend Adult Use Consumers Nearly 3 to 1 in Multi-billion-dollar U.S. Market

New Frontier Data 2017 #Cannabis Industry Annual Report Reveals Medical Cannabis Patients Outspend Adult Use Consumers Nearly 3 to 1 in Multi-billion-dollar U.S. Market

Cannabis Industry Presents Unprecedented Consumer Market Opportunity


WASHINGTON. DC - April 26, 2017 (Investorideas.com Newswire and www.420cannabisinvestorideas.com) New Frontier Data, the authority in business intelligence for the cannabis industry, has released, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook. The report is the first to reveal the growing discrepancy in spending between recreational and medical consumers in the fastest growing industry in the country; months ahead of California, the largest consumer economy in the U.S. and 6th largest in the world, activating its adult-use market in 2018 after being the first state to legalize medical use in 1996.


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Canadian #Cannabis Stock News: Beleave (CSE: BE) (CSE: BE.CN) and Dr. Mohit Bhandari Begin Clinical Research Program to Investigate Therapeutic Use of Cannabinoids for Musculoskeletal Disorders

Canadian #Cannabis Stock News: Beleave (CSE: BE) (CSE: BE.CN) and Dr. Mohit Bhandari Begin Clinical Research Program to Investigate Therapeutic Use of Cannabinoids for Musculoskeletal Disorders


TORONTO, ON - April 26, 2017 (Investorideas.com Newswire) Beleave Inc. ("Beleave") (CSE: BE) (CSE: BE.CN) (CNSX: BE) is pleased to announce that it will begin a clinical research program with Dr. Mohit Bhandari, to investigate the therapeutic use of cannabinoids for management of pain in musculoskeletal disorders. In North America, Europe, and Australia, chronic non-cancer pain is a large contributor to morbidity, affecting as much as 30% of the population. Musculoskeletal disorders can be triggering events that lead to the development of chronic pain in up to 40% of chronic pain cases. Options for pain management in musculoskeletal disorders, both surgical and non-surgical, remain limited.

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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Canadian #Cannabis Stock News: Abattis (CSE: $ATT) (OTCQB: $ATTBF) Signs Exclusive Distribution Agreement for Proprietary Extraction Technology

Canadian #Cannabis Stock News: Abattis (CSE: $ATT) (OTCQB: $ATTBF) Signs Exclusive Distribution Agreement for Proprietary Extraction Technology

Vancouver, British Columbia - April 26, 2017 (Newsfile Corp.) (Investorideas.com Newswire) Abattis Bioceuticals Corp. (CSE: ATT) (OTCQB: ATTBF) (the "Company" or "Abattis") is pleased to announce it has signed an exclusive distribution agreement effective April 20, 2017 (the "Agreement") with Suzhou Raybot Material Tech Corp. ("Raybot"). The Agreement allows Abattis to use Raybot's proprietary extraction technology and to exclusively sell the extraction equipment and services.
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Monday, April 24, 2017

Lemonhaze.com Reports WA Retail Marijuana Sales Spike 79% on 4/20

Lemonhaze.com Reports WA Retail Marijuana Sales Spike 79% on 4/20


SEATTLE - April 24, 2017 (Investorideas.com Newswire) Lemonhaze.com, the leading real-time provider of cannabis data, released live market data for April 20, 2017, the de facto "black Friday of the cannabis market." "April 20th is the fourth biggest sales day of the year for Washington marijuana retailers behind only New Year's Eve, Christmas Eve, and the day before Thanksgiving," remarked Brian Yauger, president of lemonhaze.com.
For April 20, 2017, lemonhaze.com calculated a 79 percent jump in daily sales revenue, compared to the average daily sales for the first 19 days of April. Lemonhaze also calculated a 73 percent jump in daily sales compared to the average Thursday in 2017. "420 was a monster success this year. We had all hands on deck and still barely kept up with it. It's the best holiday of the year," according to Alden Linn, owner of World of Weed retail shop in Tacoma.
Recreational marijuana is one of the fastest-growing industries in the county. Currently Washington State has 365 active retailers compared to 251 this time last year. In the last year, there has been a 45 percent increase in the number of cannabis retail stores in Washington, and a 61 percent increase in sales between April 20, 2016 and April 20, 2017.
According to retail owner Ian Eisenberg of Uncle Ike's, Washington's second largest retailer in 2016, "420 was bonkers! Two years ago, it was primarily pot heads celebrating 420. This year it was moms, dads, grannies and everyone else excited about getting high! God bless America!"
About Lemonhaze.com
Lemonhaze.com publishes hourly live charts of the top selling cannabis products in Washington State across nine categories including packaged flower, pre-rolls, cartridges and edibles. The charts lock at 4:20pm each day. Lemonhaze.com sources information via live data connections with well over 100 licensed cannabis retailers, processors, and producers in Washington State.
Contacts
Lemonhaze.com
Brian Yauger
206-305-8796
brian@lemonhaze.com
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Medical Marijuana Stock News; Cronos Group (TSX VENTURE: $MJN) Provides Update on Minority Investments

Medical Marijuana Stock News; Cronos Group (TSX VENTURE: $MJN) Provides Update on Minority Investments


TORONTO, ON - April 24, 2017 (Investorideas.com Newswire) Cronos Group Inc. (formerly PharmaCan Capital Corp.) (TSX VENTURE: MJN) ("Cronos", or the "Company") is providing an update on its investments in Whistler Medical Marijuana Corporation ("Whistler"), The Hydropothecary Corporation ("Hydropothecary"), ABcann Medicinals Inc. ("ABcann"), Evergreen Medicinal Supply Inc. ("Evergreen"), and CannMart Inc. ("CannMart").
Whistler
As previously announced, Cronos recently completed its additional equity investment in Whistler and maintained the Company's 21.5% equity position. This additional capital will assist Whistler with their announced 65,000 square foot expansion in Pemberton, British Columbia. This expansion is expected to be completed by spring of 2018 in advance of recreational legalization in Canada.
Hydropothecary
Cronos holds a minority equity position in Hydropothecary, which recently started trading on the Toronto Venture Exchange on March 21st, 2017 under the symbol "THCX". Hydropothecary is the only licensed producer in Quebec and is currently operating and expanding on its 80 acres of land near Gatineau, QC.
ABcann
ABcann recently announced a reverse takeover with Panda Capital Inc., which shall constitute ABcann's qualifying transaction. ABcann is licensed to produce up to 625 kg per year at their flagship Vanluven facility situated near Napanee, ON. Abcann recently supplemented its executive and advisory teams and undertook significant expansion initiatives at both their existing licensed facility as well as their expansion property.
Evergreen
Cronos completed its subscription for a second tranche of shares of Evergreen for $100,000 and exercised its option to acquire an additional 5% of the equity for $500,000, for a total additional investment of $600,000. Cronos satisfied this obligation in part by directing that debt owed by Evergreen be applied as payment for the equity and delivered the remainder of the payment in cash. However, Evergreen claims that Cronos is not entitled to any interest in Evergreen and has rejected Cronos' payment.
Cronos filed a statement of claim in the Supreme Court of British Columbia and intends to vigorously pursue the enforcement of its rights to acquire equity in Evergreen in addition to Evergreen's repayment of the debt. While there can be no assurance that Cronos will acquire its equity in Evergreen, management believes that Cronos is entitled to the relief sought in its statement of claim.
CannMart
Cronos no longer intends to retain an investment in CannMart and CannMart has agreed to return the $25,000 previously paid by Cronos in respect of its proposed equity investment in CannMart.
About Cronos Group
Cronos Group, is a geographically diversified and vertically integrated cannabis company that operates two wholly-owned Licensed Producers ("LPs") regulated within Health Canada's Access to Cannabis for Medical Purposes Regulations (the "ACMPR") and holds a portfolio of minority investments in other Licensed Producers. The company's flagship LPs, Peace Naturals Project Inc. (Ontario), and In The Zone Produce Ltd. (British Columbia) are collectively situated on over 125 acres of agricultural land and are currently licensed to produce 2,600 kg of cannabis on an annual basis. The Company also holds minority equity positions in Licensed Producers Whistler Medical Marijuana, Hydropothecary, and Abcann. Cronos Group is focused on building an iconic brand portfolio, providing patients with compassionate and personalized care, and creating value for our shareholders.
Forward-looking statements
This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Except as required by law, Cronos Group disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements. This news release contains information obtained by Cronos Group from third parties. Cronos Group believes such information to be accurate but has not independently verified such information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please visit www.thecronosgroup.com.
Contact:
Michael Krestell
Investor & Media Relations
TEL: 647-274-3655
E-mail: michael@thecronosgroup.com
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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.