Marijuana Business Magazine

COMPANY NEWS & Recent deals, acquisitions and other announcements from North American cannabis companies Wheelin' Dealin' by Omar Sacirbey U.S. Developments Two Companies Tapped to Run Louisiana MMJ Operations Louisiana State University and Southern University both selected vendors in September to run their medical marijuana grow operations. LSU finalized a cultivation contract with Las Vegas-based GB Sciences , which already has started renovating its planned cultivation site. Southern’s Board of Supervisors chose Lafayette-based Advanced Biomedics , which will receive more than $6 million over five years from the university. Friendly Skies for Acres Las Vegas recreational marijuana retailer Acres Cannabis completed a deal to advertise in the in-flight magazine of Las Vegas-based airline Allegiant Air . Acres was slated to run the full-page ad in the low-cost carrier’s Sunseeker magazine in September and October. It appears to be the first time a cannabis company has advertised in an in-flight magazine. DC Dispensary Raises $3 Million Holistic Industries , a medical cannabis company based in Washington DC, raised $3 million from two companies in Florida: Franklin Street , a real estate investment firm, and Full Moon , an investment firm that has invested in marijuana companies in Massachusetts, Maryland and Pennsylvania. John Poss, CEO, GB Sciences 166 • Marijuana Business Magazine • November / December 2017