Here's Your Cannabis News for
October 05, 2018
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Industrial scale production has dominated store shelves for decades. Now that formula is being adopted by the cannabis industry. For Front Range Biosciences (FRB), mass propagation of crops starts in the lab, where consumer cannabis is selectively cultivated and sold to licensed growers. Today, the agricultural biotech startup, which works with coffee strains and industrial hemp clones as well as tissue-culture cannabis, closed a Series A round of $10 million.
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The nearly 300,000 square-foot complex will house growers, processors, secure transporters and safety compliance operators. Grow, Cannabis Marketing says the development will bring hundreds of new jobs to Orion Township and will provide a safe and secure environment for commercial cannabis operations.
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Selling cannabis might sound an unlikely second career for a currency trader, but when David Burden decided he had tired of the City of London he took a punt on what he thinks is the next big consumer and medicinal trend.
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With the Cannabis Control Commission approving final licenses for retail pot shops in Northampton and Leicester, its chairman says their doors are expected to open soon.
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Marijuana stocks have been on fire lately, with investors looking at the rising tide of new jurisdictions in which marijuana is becoming legal for recreational use. With the entire nation of Canada legalizing recreational cannabis later this month, the companies that will provide the marijuana that users want to smoke see a potential gold mine ahead.
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Aurora Cannabis (OTCQX:ACBFF) has proved to be a cannabis powerhouse as it creates their own cannabis products, invests in other cannabis companies, and is making partnerships that could send them into long-term success.
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From hemp-based tampons to cannabis-infused butter, innovators are zeroing in on Philadelphia's growing cannabiz potential.
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Editor's note: The following article is a guest viewpoint written by Benjamin D. Tievsky, an attorney with Pillsbury. Read more of his biography at the bottom of the article.
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