As many know, Canadian legalization starts today and this has given pause to many US-based cannabis companies pause. Due to the federal stance on cannabis, many US cannabis companies are worried about losing their dominate hold on the market as they are unable to access to traditional banking or institutional financing, making it hard for them to operate their businesses.

This has sparked Terra Tech Corp. (OTCMKTS:TRTC) CEO Derek Peterson to take out a full-page ad in the Wall Street Journal to petition the White House for measures that will protect the US cannabis industry, according to an article in The Chronicle Journal. Peterson thinks the solution to this problem is for the US government to allow states to enact their own cannabis regulations, which will allow cannabis companies to fairly compete with the Canadian market and to protect the domestic industry. President Donald Trump has given assurances to California Congressman Representative Dana Rohrabacher that he plans to proceed with reforming the federal cannabis laws surrounding medical cannabis once midterm elections are over next month.

FSD Pharma Inc. (CSE:HUGE) Director Anthony Durkacz weighed in on the ad taken out by Peterson. Durkacz believes that the Canadian market could be the tip of the iceberg if Trump decides to take Peterson’s advice and reforms the US’s cannabis laws.

“The global cannabis boom, for raising money in Canada, has just been absolutely incredible,” said Durkacz. “Canada is a very, very small country — economically we are tiny. There’s more money in Manhattan alone than all of Canada, by multiples. For us, where the good times and the bullish market will continue is if America legalizes cannabis.”

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 Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) (“Lobe” or the “Company”) announces that Philip Young, CEO and Director, and Maghsoud Dariani, Chief Science Officer will be presenting on Thursday, February 25th, 2021 at 5:45 pm EST at “The Gold Standard in Psychedelic Investment, Psychedelic Capital Virtual Investment Conference”, a platform showcasing the top companies, latest IPOs, newest opportunities, and deepest industry insights.

As a presenting sponsor, the Company will connect directly with some of the earliest moving investors in the psychedelic industry and reach an audience of 2,000+ investors. Presentations are 30 minutes in length, with 10 minutes allocated to a one-on-one Q&A session with the audience.

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As Canadian operators race to strengthen their positions in the cannabis landscape, are international pursuits outside North America still top of mind?

The role that mergers and acquisitions (M&A) have played in the expansion of Canadian companies across the globe has been monumental for the growth of the cannabis industry. Now the space has reached a critical point as the demands of the US market increase.

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It’s been just over a year since recreational cannabis was legalised in the Australian Capital Territory (ACT), home to the nation’s capital city of Canberra.

Announced on September 25, 2019, and brought into effect on January 31, 2020, the rules make it legal to possess and personally use small amounts of cannabis.

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Pac Roots Cannabis Corp. (CSE: PACR) (“PacRoots” or the “Company”), announces the closing of its previously announced non-brokered private placement (see press release dated January 25, 2021).

Aggregate gross proceeds of $1,340,685.90 were raised through the issuance of 7,448,255 units (each a “Unit”). Each Unit consists of one common shares and one share purchase warrant. Each warrant is exercisable at a price of $0.30 per share until February 23, 2024.

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 Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTC: TCNNF), a leading and top-performing cannabis company in the United States will release its fourth quarter 2020 financial results on Tuesday, March 23, 2021 before markets open. Following the earnings release, management will host a conference call at 8:30 AM Eastern Time to review the financial results.

All interested parties can join the conference call by dialing 1-888-231-8191 or 1-647-427-7450, conference ID: 7066881. Please dial in 15 minutes prior to the call to secure a line. The conference call will be archived for replay until March 30, 2021 . To access the archived conference call, please dial 1-855-859-2056 and enter the encore code 7066881.

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