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Cannabis Stock News Daily Roundup February 22

ME Staff

Cannabis News

Alimentation Couche-Tard (TSX: ATD.A) (TSX: ATD.B) has signed a deal with Canopy Growth (TSX: WEED) (NYSE: CGC) to launch a premium cannabis retail brand in London, Ontario. Located at 1025 Wellington Road in London, the licensed Tweed store is expected to open in April.

Canadians for Fair Access to Medical Marijuana (CFAMM), a federal non-profit, patient-run organization dedicated to protecting the rights of medical cannabis patients, is urging the public to support medical cannabis users by signing the petition on the National Assembly website asking the Government of Quebec to include an exemption in Bill 2 that will allow medical cannabis patients to medicate anywhere the consumption of tobacco is authorized. The bill aims to ban the use of cannabis in all public places across the province.

MYM Nutraceuticals (CSE: MYM) (OTCBB: MYMMF) has established MYM Australia Pty Ltd. in the Asia Pacific region. MYM Australia, based in Queensland, Australia, will initially focus on the outdoor cultivation of 50 hectares of medical cannabis in Henty, New South Wales. over the coming years, the company will develop 350 hectares on the adjacent land over the coming years.

Delta 9 Cannabis (TSXV: NINE) (OTCQX: VRNDF) has issued an update on its expansion plans. The company intends to increase its annual cannabis production capacity to 60,000 kilograms per year by 2022 and expand its retail store network to four stores by the end of the second quarter of, 2019.

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) is opening two new Seventh Sense CBD shops in Indiana and Tennessee. The new shops, located in Glenbrook Square, Fort Wayne, Ind., and in Hamilton Place, Chattanooga, are part of the company’s plan to dominate CBD retailing and planned network of hundreds of shops across the U.S.

Alberta-based cannabis firm High Tide (CSE:HITI) (OTCMKTS:HTDEFwhich focuses on manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, has received a license to open its 9th Canna Cabana retail store. Located in Calgary, Alberta, the Kensington Store is approved to sell smoking accessories and cannabis lifestyle products while the temporary suspension of incremental cannabis retail licensing by the Alberta Gaming, Liquor and Cannabis remains in effect.

Cannabis wellness firm Gabriella’s Kitchen (CSE: GABY) (OTCMKTS:GABLF) has entered into a supply agreement to purchase CBD extract from Xtract Xperts, which is the largest producer of hemp in Oregon. According to a December 2018 Hemp Business Journal article, the hemp-derived CBD market would grow from a $390 million in 2018 to a $1.3 billion market by 2022.

Aurora Cannabis (NYSE: ACB) (TSX: ACB) has named Darren Karasiuk as chief commercial officer. Previously, Karasiuk was executive vice president adult usage, global. Additionally, the company has promoted Jill Swainson to chief legal officer and corporate secretary of the company from senior vice president of legal affairs.

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