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U.S.: Medical CannaBusiness Webinars Focusing On Licensing, Organics

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Those who are looking for accurate sources of info on getting into the medical marijuana industry and successfully securing a license now have a free resource available where they can learn from experts and get their most pressing questions answered.

MariMed Advisors’ DispensaryPermits.com division is hosting the free webinar series to educate medical marijuana (MMJ) entrepreneurs on how to break into the industry and share MariMed and DispensaryPermit’s proven license application techniques. MariMed Advisors is a Worlds Online (OTCQB: WORX) subsidiary.

“Many entrepreneurs are intrigued by the opportunities presented as states open their doors to medical cannabis and they need somewhere to turn for accurate advice and education on how to get started or how to bridge the gaps in their knowledge base to successfully complete the license application process,” noted Sara Gullickson, Dispensary Permits executive director. “There are a lot of consulting services popping up that don’t have any real experience or a proven track record of success.

"Our ‘CannaBusiness’ webinar series is the perfect place to learn more, ask questions and discover MariMed and Dispensary Permits proven processes, backed by a solid record of success,” Gullickson said.

Nevada: MariMed Advisors Acquires License, Assets of DispensaryPermits.com Consulting

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Giving away “100 Tips on Entering MMJ Industry” at National Marijuana Business Conference, Las Vegas, Nov. 12-14

Worlds Online subsidiary MariMed Advisors and DispensaryPermits.com have joined forces to provide the medical marijuana (MMJ) industry with their proven end-to-end blueprint for success. MariMed Advisors has acquired the exclusive license and assets of DispensaryPermits.com, a consulting firm for medical marijuana license advisory services.

“This is a natural marriage for both of our organizations,” stated Thom Kidrin, CEO of WORX. “DispensaryPermits brings a well-established reputation of licensing success and a feeder network of entrepreneurs and medical marijuana license applicants seeking expertise and support of medical license applications.

"Once licenses are obtained, our experienced MMJ professionals located throughout the U.S. are ready to step in to assist with financing, dispensary and cultivation expertise, build out, training, and ongoing support to ensure the facilities are producing high quality product as quickly as possible,” Kidrin said.

The MariMed/DispensaryPermits.com team is celebrating last week’s State of Nevada award of provisional medical marijuana permits to two MariMed/DispensaryPermits.com application services clients at this week's Marijuana Business Conference and Expo in Las Vegas, Nov. 12-14.

“We’re thrilled to continue our successful record with permit applications and integrate with MariMed to create replicable models of excellence,” remarked Sara Gullickson, DispensaryPermits executive director.

Nevada: MariMed Advisors, DispensaryPermits.com Help Secure Medical Marijuana Permits

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According to company officials, MariMed Advisors, Inc. and DispensaryPermits.com were instrumental in helping clients capture highly coveted provisional medical marijuana cultivation and production permits awarded by the State of Nevada on Monday, November 2. "The Nevada provisional permits continue MariMed and DispensaryPermits.com’s track record of success in securing medical marijuana permits," read a joint statement from the companies.

Washoe County-based CannaVative Group, LLC received both cultivation and production provisional permits. Clark County based Harvest Foundation, LLC received a cultivation permit.

“We are excited and honored to be given this opportunity to advance the medical marijuana industry in Northern Nevada,” noted Joey Gilbert, Esq., V.P. Strategy & Government Affairs, The CannaVative Group, LLC. “We are looking forward to working with the City of Reno, Washoe County, the State of Nevada and the MariMed and DispensaryPermits team to create one of the best medical marijuana programs in the country that will provide safe medical marijuana to the patients who truly need it.”

The receipt of the provisional permits culminates an intensive five-month permit application process requiring submission of extensive security, design, financial, systems and reporting, cultivation, packaging, marketing and ongoing operations plans and background checks.

U.S.: MariMed Advisors Closes Acquisition of Sigal Consulting, $2 Million Working Capital

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There’s a new name making some waves in the medical marijuana space. Publicly traded Worlds Online subsidiary MariMed Advisors has closed on the acquisition of Sigal Consulting and $2 million in working capital.

Sigal Consulting, now known as MariMed Advisors, specializes in all aspects of medical marijuana, from licensing application to cultivation and sale.

Sigal designed the Thomas C. Slater Compassion Center cultivation and dispensary facility in Providence, Rhode Island -- one of the largest state sanctioned dispensaries in the country.

"Closing this capital raise and acquisition demonstrates investor interest and confidence in our team and strategy for capturing significant market share in the developing medical marijuana sector," said Thom Kidrin, CEO of WORX. "These funds will allow us to expand our team and meet the demand from our growing pipeline of potential licensees in their efforts to gain authority to build and operate cultivation and dispensary operations."

While no assurance can be given that it will be successful, MariMed Advisors is in discussion with multiple capital sources in an attempt to secure additional funds for the acquisition of real estate and operational facilities needed to provide future licensees the operational capabilities to successfully operate under their licenses. This is a critical component for many licensees, as legacy regulations prevent financial institutions from financing such transactions for organizations in the medical marijuana industry, even in states where it has been legalized.

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