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DENVER, Oct. 21, 2016 /PRNewswire/ -- MassRoots, Inc. (OTCQB: MSRT), one of the leading technology platforms for the cannabis industry, is pleased to announce it has completed a $5.0 million equity offering under its Registration Statement, declared effective by the Securities and Exchange Commission on August 11, 2016. There will be no further sales in this offering. MassRoots' Founder and largest shareholder, Mr. Isaac Dietrich, led the round with participation from former MyPoints.com CEO, Mr. Steve Markowitz, Aphria, The Delavaco Group, and several family offices.
The Growing Company Now Has 4 Testing Laboratories Under Operation
SANTA MONICA, CA, Oct. 20, 2016 /PRNewswire/ - The legal marijuana business in Canada is positioned for considerable growth. Medical marijuana has been legal for a decade and a half and Canadian Prime Minister Justin Trudeau has vowed to legalize recreational marijuana, saying that a controlled and regulated industry will reduce access to marijuana by minors while simultaneously taking money out of the pockets of organized crime. According to a poll commissioned by CTV News and conducted by Nanos earlier this year, the majority of Canadians are on board with Trudeau, with 69 percent of survey participants saying they either "support" or "somewhat support" legalization of marijuana.
SHANGHAI, Oct. 20, 2016 /PRNewswire/ -- A team of scientists led by the iHuman Institute of ShanghaiTech University has determined and analyzed the high-resolution atomic structure of human cannabinoid receptor 1 (CB(1)), also known as the "marijuana receptor". This new findings provide clues to understand why some drugs that interact with this receptor have had unexpectedly complex and sometimes harmful effects, while the utility of the crystal structure may provide inspiration for drug design toward refining efficacy and avoiding adverse effects.
BERKELEY, Calif., Oct. 19, 2016 /PRNewswire/ -- Steep Hill, the global leader in cannabis testing and analytics, today published an early report on the prevalence of pesticide contamination in the medical cannabis supply chain in California. According to the lab's new technology and recently launched "quantified pesticide analysis," 84.3% of cannabis samples submitted in Steep Hill's Berkeley lab tested positive for pesticide residues. These results were significantly higher than expected and are cause for concern for California cannabis consumers.
MINNEAPOLIS, Oct. 19, 2016 /PRNewswire-USNewswire/ -- The Child Neurology Foundation (CNF) is poised to welcome members of the Child Neurology Society (CNS) interested in seeking a deeper understanding of the current science, family experience and advocacy efforts surrounding the use of cannabis for the treatment of epilepsy. The organization will bring together thought leaders from clinical science and advocacy groups engaged in the conversation about the use of cannabis-based remedies. The symposium will be held on Saturday, October 29, 2016 during the CNS's 45(th) annual meeting in Vancouver, Canada.
TORONTO, Oct. 18, 2016 /CNW/ - Dr. Patricio Stocker, President and CEO of PharmaCielo Ltd., announced the company has established a Research Advisory Board (RAB) to advance development of the company's research infrastructure and ensure operations achieve the highest global standards of product quality and efficacy.
LEAMINGTON, Ontario, Oct. 18, 2016 /PRNewswire/ -- Aphria Inc. ("Aphria" or the "Company") (TSX-V: APH or USOTCQB: APHQF) one of the leading Canadian licensed producers of medical cannabis, and MassRoots, Inc. (OTCQB:MSRT), one of the largest technology platforms for the cannabis industry, are pleased to announce they have entered into one of the first international partnerships between cannabis companies. Under the terms of the agreement, MassRoots will help build awareness of the Aphria brand amongst its Canadian userbase. Aphria will compensate MassRoots a cash fee (in U.S. dollars) per patient it refers.
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