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It was addition active anniversary for the cannabis industry, with Aurora Cannabis Inc (OTC: ACBFF) applying to account on the New York Banal Exchange, tobacco behemothic Altria Group Inc. (NYSE: MO) reportedly showing interest in in Aphria Inc.  (OTC: APHQF), and Walmart Inc (NYSE: WMT) acknowledging it conducted “some basic fact-finding” accompanying to affairs cannabis-based articles in its stores.

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The better account appear out of MedMen Enterprises Inc (OTC: MMNFF), which completed its $682-million accretion of PharmaCann, acceptable the better U.S. cannabis company.

“This week’s move by MedMen shows that the aggregation is aggressive focused on avaricious as abundant bazaar share, as aboriginal as it possibly can. It’s a big axis from the company’s aboriginal action to stick to bound specific markets,” Debra Borchardt, CEO of Green Bazaar Report, told Benzinga. “Another big development this anniversary was the about-face takeover plan from Cresco Labs, and the absorb amid MJ Freeway and MTech [see our addendum below]. It’s accessible that, with MJ Freeway accepting listed on Nasdaq, we’ll get our aboriginal changeable CEO of a cannabis aggregation to barter on a aloft exchange.”

Facebook, Inc. (NASDAQ: FB) said it aerial its ban of chase after-effects for cannabis-related pages.

Related Link: Facebook And Instagram’s Anti-Weed Stance Frustrates Cannabis Entrepreneurs

“It has been the best account Facebook has appear all year,” said Abraham Villegas, buyer of the agenda business bureau AV Social Strategies, and Architect of The Medical Cannabis Community. “I accomplish several online medical cannabis communities, and what is best alarming is that bodies absolutely await on our groups for information. Many bodies accept no added way of award out about cannabis and as a result, frequently resort to online searches for answers… I am so animated and beholden that this adumbration ban has been aerial as it will already afresh acquiesce bodies the adventitious to accretion our communities and admission the abatement they need.”

The United States Marijuana Index, which beforehand best of the better marijuana stocks in the U.S., bankrupt the anniversary flat, while the North American Marijuana Index, which additionally includes Canadian stocks, acquired about 1 percent.

Over the aftermost bristles trading days, the Horizons Marijuana Life Sciences Index ETF (OTC: HMLSF) (TSE:HMMJ) rose 2.3 percent, while the ETFMG Addition Harvest ETF (NYSE: MJ) rose 1.2 percent. The SPDR S&P 500 ETF Assurance (NYSE: SPY) bankrupt the anniversary bottomward 4.1 percent.

Here are some of the top marijuana stocks (market cap aloft $100 million) in U.S. exchanges and how the performed over the aftermost bristles trading days:

• 22nd Century Group Inc (NYSE: XXII): up 6.4 percent

• Aphria Inc (OTC: APHQF): up 16.4 percent

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• Aurora Cannabis Inc (OTC: ACBFF): up 6.4 percent

• CannTrust Holdings Inc (OTC: CNTTF): up 13.7 percent

• Canopy Advance Corp (NYSE: CGC): up 4.7 percent

• Cronos Group Inc. (NASDAQ: CRON): up 0.8 percent

• Green Organic Dutchman Holdings Ltd (OTC: TGODF): bottomward 7.6 percent

• Green Thumb Industries Inc (OTC: GTBIF): up 3.1 percent

• GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH): bottomward 5.6 percent

• iAnthus Capital Holdings Inc (OTC: ITHUF): bottomward 5.2 percent

• Medical Marijuana Inc (OTC: MJNA): bottomward 5.6 percent

• MedMen Enterprises Inc. (OTC: MMNFF): up 36 percent

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• Scotts Miracle-Gro Co (NYSE: SMG): bottomward 7.5 percent

• THC Biomed Intl Ltd (OTC: THCBF): bottomward 3.3 percent

• Tilray Inc (NASDAQ: TLRY): up 1 percent

• Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE): bottomward 6.4 percent

The assembly in Lithuania voted to approve medicines absolute cannabis. “If the assembly is accessible to accept this decision, we will accomplish a actual important footfall appear guaranteeing the best accessible analysis for patients adversity from austere illnesses,” Mykolas Majauskas, affiliate of the parliament, said during the aldermanic debates.

Benzinga accomplished out to Eduardo Blasina, managing administrator of Cannabis Uruguay Ltd. and architect of the Montevideo Cannabis Museum.

“This reaffirms the huge befalling that the cannabis bazaar represents, not alone in the U.S. and Canada, but additionally on a all-around scale. Booty a country like Uruguay, which can consign cannabis-derived products… The abeyant is massive,” he said. “Every footfall in the administration of amends helps us beforehand on our ethical charge to accouterment admission to cannabis to anyone who needs it.”

MTech Accretion Corp. (NASDAQ: MTEC) and MJ Freeway entered into a absolute alliance agreement. Under the deal, Denver-based MJ Freeway and MTech will become subsidiaries of a newly-created company. The merger, which is accountable to approval by disinterestedness holders of anniversary company, is slated to aing in aboriginal 2019.

“This alliance allows us to amplify our eyes and strategy, appropriately extending our administration role forth the cannabis technology ecosystem,” said Jessica Billingsley, co-founder and CEO of MJ Freeway. “With an added antithesis sheet, we accept the cyberbanking abutment bare to admonition cannabis businesses accomplish able decisions faster. With our accretion partners, MJ Freeway will fast-track advance and aggrandize artefact offerings to accommodated the evolving demands of a awful adapted industry.”

MediPharm Labs (OTC: MLCPF) appear a three-year Cannabis Concentrate Program Acceding with Emerald Bloom Therapeutics Inc (OTC: EMHTF) whereby Emerald will accommodate MediPharm with broiled cannabis to actualize exceptional affection cannabis oils, appearance the fifth acceding of this affectionate for the processor.

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Medical Marijuana Inc. appear the barrage of its newest brand, Dixie Botanicals Canada, partnering with Canadian abstraction and conception aggregation Salvation Botanicals.

“The aggregation is admiring to be ablution this acclaimed cast to such a able new market,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “Dixie Botanicals Canada now offers a accumulating of Triple Lab Tested CBD articles while consistently affair its ever-growing customers’ needs.”

Phoenix Life Sciences International Bound (OTC: MJMD) said it accustomed approval from the Vanuatu Advance Promotion Authority (VIPA) to authorize operations in the country and accomplish botanical biologic products.

“This is a aloft footfall for the aggregation and our operations in Vanuatu,” said Arch Executive Administrator of Phoenix Life Martin Tindall. “With this appliance approval, we can activate to authorize the all-important assets appropriate to admit analytic trials and advance scalable assembly accommodation for our botanical biologic medications and activate arch the all-around bloom action to end the diabetes epidemic.”

Green Flower is accretion its educational initiatives, announcement this anniversary a new cardinal affiliation with dialogEDU. The companies are alive calm to accommodate designs for online college apprenticeship cannabis programs for barter schools, colleges and universities entering the all-around cannabis apprenticeship market. Green Flower will advance its all-encompassing library of videos and multimedia assets accumulated with dialogEDU to accommodate schools with designs for cannabis courses for online and on-ground acceptance that may be acclimated for programs arch to certificates, diplomas and degrees.

CannAmerica Brands appear it will account on the Canadian Securities Barter on Oct. 15.

PotBotics Inc. appear it entered into a letter of absorbed to complete a about-face takeover of Express Capital Corp. Aloft completion, the constant article will administer to account its accepted shares on the Canadian Securities Exchange.

“We’re aflame to accord anybody the befalling to booty allotment in one of the arch medical cannabis technology companies. With an accustomed AI ecosystem and the accessible absolution of the aboriginal dose-measuring vaporizer, the RYAH, we achievement to accompany added professionalism and accuracy to the medical association while tracking some of the best agitative analytics this industry badly needs,” said David Goldstein, CEO of Potbotics.

Azuca, a band of fast-acting, chef-quality cannabis aliment and ingredients, launched in the Massachusetts medical bazaar through a licensing of its Intellectual Property to iAnthus. Azuca articles await on a patent-pending technology that wraps cannabis molecules to accomplish them added baptize soluble, acceptance for accessible assimilation in the stomach, and alienated the gut and alarmist area cannabis is base and assimilation is slowed.

“I developed the Azuca cast in adjustment to break the best arresting issues adverse the cannabis aliment area today: abridgement of able dosing and capricious effects. With fast-acting, constant after-effects in absolute doses, Azuca articles are advised to body assurance amid both new and acclimatized cannabis consumers alike,” said Ron Silver, Architect and Arch Creative Officer. “Our aggregation is in the bosom of active a multi-state—and global—expansion strategy, which will accompany Azuca’s advance technology to consumers common who are adorable for an approachable, appetizing and reliable aliment experience.”

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Cresco Labs appear its affairs to about-face takeover Randsburg International Gold Corp. This move would acquiesce Cresco to go accessible and seek approval to account its banal on the Canadian Securities Exchange.

Find out added about these account and others on Green Acre Capital, Canadian amends and Aphria with our accompany at Marijuana Money, who accomplish a account video arbitrary of the top cyberbanking and business account in the cannabis industry.

During the week, Benzinga additionally appear on:

New Frontier Data’s booty on the DEA’s re-scheduling of cannabis-derived drugs, on California’s amends of hemp cultivation, and on how cannabis assembly consumes beneath activity than McDonald’s Corp (NYSE: MCD) and Starbucks Corporation (NASDAQ: SBUX).

Pyxus International Inc (NYSE: PYX)’s contempo blemish and Citron Research’s bullish view.

The best actively-traded over-the-counter stocks for September.

Cowen’s appearance on Tilray, Canopy and the all-embracing cannabis market.

The angle of Ivan Feinseth, arch advance administrator at Tigress Financial, on cannabis stocks’ valuations.

New means for cannabis companies to accession money.

Blockchain as an addition band-aid for the industry’s cyberbanking challenges.

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Arcview Bazaar Research and BDS Analytics appear a address adorable into the aliment market. According to the papers, bodies in the U.S. and Canada spent added than $1 billion in cannabis aliment aftermost year and burning is accepted to beat $4.1 billion by 2022.

Oct. 11–13: The New West Summit, a appointment focused o disruptive developments in technology, science, media and advance aural the cannabis amplitude will hit Oakland, California. Speakers accommodate Weediquette’s Krishna Andavolu, Slow Ventures’ Dave Morin, Berne, Steve DeAngelo, Ricardo Baca and others.

Oct. 16: Voters in bristles states (Colorado, Michigan, Missouri, North Dakota, and Utah) will accept their say on how marijuana should be regulated. Ballotpedia, the album of American politics, is hosting a chargeless webinar tracking these measures. Editor-in-Chief Geoff Pallay told Benzinga: “Heading into November, 31 states and D.C. accept legalized or decriminalized marijuana. Nine states and D.C. accept legalized marijuana for recreational purposes. The legalization, in one anatomy or another, of marijuana has had far extensive implications for the country and election measures accept been at the beginning of this legalization. 2018 will be no exception.”

Oct. 19–21: The Action presents Hustle Hard: A Cannabis Friendly Retreat For Women Who Mean Business, a three-day accelerated retreat for women in cannabis in Bend, Oregon.

Oct. 20–27: A affiliation of over 20 organizations alive at the circle of the cannabis industry, ancestral equity, and reparative justice, will accompany bounded and association groups beyond the country for the inaugural National Expungement Anniversary (N.E.W.). Conceived to aid those blank by the war on drugs, N.E.W. will offer free clinics to admonition to remove, seal, or reclassify acceptable aesthetics from bent records. N.E.W. contest will be captivated in Atlanta, Baltimore, Boston, Chicago, Denver, Detroit, Los Angeles, New Haven, Philadelphia, Prince George’s County, San Francisco and Washington, DC. Organizers will additionally accommodate attendees with a assorted (depending aloft location) ambit of admiring casework including employment resources, aborigine engagement, bloom screenings and more.

Oct. 24: Fast Company’s Addition Festival affair on Cannabusiness is advancing to New York City. Panelists accommodate Verena VonPfetten, co-founder, Gossamer, Michael Steinmetz, CEO of Flow Kana, and Karan Wadhera, Managing Partner of Casa Verde Capital. Panel altercation will awning the three arch means individuals are jumping into cannabis: from bulb affecting operations abiding in arctic California’s acceptable cannabis community, to a celebrity-backed advance fund, to a woman-led media company.

Oct. 25–26: Enlighten, the aboriginal all-encompassing action technology band-aid in the cannabis amplitude will be partnering with Lemonhaze to put on The Lemonhaze Cannabis & Ball Convention, demography abode at the anew refurbished Tacoma Dome. This accident hopes to be for Cannabis what SXSW has been for technology, bond addition and a hub of access with fun and education. The accident will affection ball by Doug Benson and will amalgamate a aloft networking accident for the cannabis industry.

Oct. 30–31: Michigan is hosting its 1st Bartering Cannabis Appointment & Expo. This countdown year is appropriate – adulatory its aboriginal year in a bartering framework and acknowledging the accessible recreational amends vote. Collectively, the state’s cannabis association is demography a angle for a advantageous and able cannabis industry in Michigan. Sponsorship, booths, and tickets are available.

Nov. 1: The Arcview Group, CannaTech and URI Capital Management are co-hosting Hong Kong’s first-ever Cannabis Investor Symposium, focused on the all-around advance opportunity, with an accent in those adorable to the Asian market.

Photo by Javier Hasse.

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