Gage dispensary cannanurses are a new, premium adult use cannabis retailer in Ayer, Massachusetts. Their mission is to provide the best selection of cannabis in the state of Massachusetts.
Midwest CannaNurses
Midwest CannaNurses is a Detroit-based holistic health company with a clear focus on education. As a logical extension of their mission to help people achieve better health, the team has a clear mission to educate the public about cannabis. They’re doing this through educational events and consulting services.
The company’s website boasts about their mission to provide “health education and consulting services to individuals, businesses, organizations, governments and communities that serve them.” To date, the firm has a staff of seven nurses who are all trained to provide patients with information on a variety of subjects. These include cannabis as medicine, product choices and consumption safety.
The Midwest CannaNurses website is a great resource to educate consumers about a variety of topics relating to canna-related products and services. One example is their upcoming “Presents” event, which will be held on November 3, 2022 at the Durfee Innovation Center in Detroit. This will be a free and open to the public event. During the course of the event, attendees will also get to hear from the likes of City Council President Pro Tem James Tate, retail cannabis representative AJ Williams of the Michigan Chronicle, and a plethora of other interesting industry experts.
TerrAscend
Gage is a Michigan-based cannabis company that is bringing international brands to the state. The company currently has one investment and a $32.8 million cash balance as of June 30, 2019. In September, Gage raised $55 million to expand its footprint. It plans to open 10 more dispensaries in the state. This transaction is expected to close in the first half of 2022.
According to TerrAscend, the third-largest market in the United States for marijuana is Michigan. Based on July’s $171 million in cannabis sales, the company estimates that this year’s total will be $950 million to $1.2 billion. Among the factors contributing to the growth are the state’s unlimited license for canna businesses.
As part of the deal, TerrAscend will pay Gage shareholders 0.3 shares of its stock for each share of Gage Growth. The company will also acquire the right to use the Gage name.
TerrAscend has vertically integrated its operations in several states. It has licensed production, cultivation and processing in Maryland, as well as in Canada.
Social Equity Grant Recipient
Gage Cannabis, a leading high-quality cannabis brand in Michigan, has announced its fourth social equity grant recipient. Midwest CannaNurses, a Detroit-based company that specializes in cannabis and holistic health, received a $50,000 grant from the cannabis company.
Midwest CannaNurses was founded by two nurses. They wanted to educate people about the benefits of cannabis and provide medical advice to potential patients. In addition, the business wants to help normalize cannabis as a medicine. Its staff of seven nurses also provide educational support to patients and other health care professionals.
Midwest CannaNurses has received a number of awards for its sustainable hemp initiative. Additionally, the company has been awarded for its Holi Flower, a special hemp wrap cone. The company is also planning to present an educational panel at the Durfee Innovation Center in 2022.
In addition to the Gage grant, the company is working with Redemption, which donates to formerly incarcerated individuals. Also, the company is bringing much-needed flower to provisioning centers in Michigan.
Licensing Deals With Other Cannabis Brands
If you’re considering a licensing deal, it’s important to know the basics. You don’t want to get suckered into a legal snafu. These issues can lead to a huge strain on your business.
Licensing deals involve companies agreeing to share intellectual property, or trademarks. Typically, the licensee gets a royalty. However, this can vary from state to state. And you need to know your local IP laws.
As a licensed cultivator of medicinal cannabis, Ora Pharm will purchase cutting-edge extraction technology and 20 vertical farming units. Its plan is to expand to 11 states by early 2019. The company is licensed to manufacture edibles and medicinal marijuana products in Massachusetts, Washington, and Oregon.
Gage Growth Corp. is a Michigan-based cannabis operator that will offer exclusive licensing deals. They currently operate nine dispensaries in the state. Their new partnership with Khalifa Kush will allow them to rapidly increase production capacity.
In the next two months, TerrAscend will be cultivating Cookies products in New Jersey and Pennsylvania. By the end of the year, Cookies products will be available in 25 operating dispensaries serving both the adult-use and medical markets in the U.S. and Canada.