Cannabis news and notes: Cold weather brings good news

Nov 17, 2020

CLS Holdings USA, Inc. (OTCQB:CLSH) (CSE:CLSH), also known as Cannabis Life Sciences, is expanding in Nevada, according to a new press release. New data shows that its manufacturing division, City Trees, is the top selling brand in various product categories. 

The company just did a rebrand in September, and believes it is “poised for continued growth and innovation through the remainder of the year.” Moreover, CLS outpaced growth of the entire Nevada cannabis market in September with a year over year increase of 43 percent for the month, and net revenue growth of 70.3 percent.

“As a result of continued development and innovation in the ingestible category, City Trees is rising in Nevada's vape category,” noted the press release. “In the first three quarters of 2020, the brand has risen from the 7th to the 5th highest selling brand, with the greatest improvement occurring in the third quarter. In the ‘dabbable concentrate' product subcategory, unit sales rose by over 115 percent during the third quarter of 2020 compared to the same quarter in 2019.”

It continued: “With a focus on quality, sustainability, and innovation, City Trees is showing brand growth across all of the products categories in which it currently operates. This division's growth is further driven by the expansion and utilization of its expanded and enhanced extraction and innovation facility, allowing for a variety of anticipated collaboration projects, new product launches, and growing capacity for extraction and toll processing.”

TerraVida and the Urban League of Philadelphia Support Prisoner Re-Entry

In a press release put out this week, TerraVida Victims of the War on Drugs announced a partnership with the Urban League of Philadelphia and its Out4Good program The new initiative will assist people who have been in prison reintegrate back into the community. 

According to a statement, “TerraVida VOWD is the non-profit branch of a woman-owned and minority team which currently operates TerraVida Holistic Centers, a rapidly growing medical cannabis company with a successful track record and three locations in the Greater Philadelphia area.” Their mission is to educate the community as well as legislators about marijuana and health and economic issues.

“We whole-heartedly support the Urban League of Philadelphia’s mission to provide resources to those looking for a fresh start in the community,” said Chris Visco, President & CEO of TerraVida VOWD and Founder of TerraVida Holistic Centers ina  statement. “Together, we have the opportunity to change lives by giving those who have served their time the means to re-enter society and the workforce while precipitating change that ultimately creates a lasting, positive impact on the Philadelphia community.”

“The Urban League of Philadelphia is deeply committed to uplifting and empowering underserved communities, including giving those who have paid their debt to society a second chance,” said Andrea Custis, President, and CEO of the Urban League of Philadelphia in a statement. “Our partnership with TerraVida VOWD is a natural fit for the Out4Good program which will allow us to work together and ease the financial burdens that come with transitioning back into the community.” 

Weedmaps and BLAZE Partner to Streamline Online Cannabis Ordering 

Cannabis companies, Weedmaps and BLAZE, announced in a press release a new partnership that the two outlets hope will improve online buying experiences for both cannabis operators and consumers across the US.According to a statement, the two are “now able to go past real-time menu syncing, deepening their relationship with a direct integration of the Weedmaps Orders product into dispensaries’ point of sale system. BLAZE’s point of sale platform now offers cannabis retailers a single sign-on to both update Weedmaps menus and receive customer orders.”

“Weedmaps is the leading source of consumer demand for our retailers and an innovative partner to BLAZE,” said Chris Violas, BLAZE CEO in a statement. “We’re excited to launch this key integration for our shared customers. This is a first in the cannabis industry and ultimately both companies want to deliver intuitive technology that drives automation to simplify and streamline the cannabis ordering experience for both consumers and retailers.”

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