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Cannabis Stock News Daily Roundup April 17

ME Staff

Medical Marijuana (OTC: MJNAsubsidiary Phyto Animal Health announced the launch of its newest cannabidiol pet product, Skin Vitality. The salve is intended to treat itching, support muscle and skin recovery and provide relief for hot spots, wounds, bug bites, flea dermatitis and rashes.

GB Sciences (OTCQB: GBLX), a partner in GB Sciences Louisiana, said that all cultivation operations at LSU Agricultural Center are now open. This will boost GB Sciences Louisiana’s production capacity by 500%. GB Sciences Louisiana was selected by LSU Agricultural Center as its cannabis cultivation partner through a competitive public bid and presentation process in 2017.

MYM Nutraceuticals (CSE: MYM) (CSE: MYM.CN) (OTCBB: MYMMF) announced that it has incorporated “MYM Nutraceuticals Mexico S.A. de C.V.” as the company has confidence in future Mexican legislation to regulate the cannabis industry. MYM is taking steps to be a first-mover in the industry in Mexico by planning to focus on the importation and distribution of hemp-derived CBD products.

Canopy Growth (TSX: WEED) (NYSE: CGC) has completed an all-cash acquisition of Spain-based licensed cannabis producer Cáñamo y Fibras Naturales, S.L. (Cafina). The acquisition lays the foundation for Canopy to expand its European production footprint into one of the most ideal growing regions in the world.

Aurora Cannabis (NYSE: ACB) (TSX: ACB) and Hempco Food and Fiber (TSX-V: HEMP) have entered into a binding letter agreement in regard to the basic terms and conditions upon which Aurora will acquire all of the issued and outstanding common shares of Hempco not already owned by Aurora.

iAnthus Capital Holdings (CSE: IAN) (OTCQX: ITHUFannounced that CBD For Life, which the company agreed to acquire on March 29, has signed an agreement with Urban Outfitters, a lifestyle-oriented general merchandise and consumer products store with 245 locations throughout the U.S., Canada, and Europe.

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