Case Studies
M&A Heats Up: Kiva Sales & Service and Petalfast Sign LOI to Combine Operations
LOS ANGELES- Kiva Sales & Service (KSS) has signed a ...
Trulieve Secures $140M in Senior Notes
TALLAHASSEE – Trulieve Cannabis Corp. wrapped up a $140 million ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
Florida Appeals Court Reduces Drug-Trafficking Conviction to Possession
LOS ANGELES- A Florida appeals court has overturned a drug-trafficking conviction, reducing it to a possession charge due to the inability to distinguish between illegal cannabis and legal hemp. The Second District Court of Appeal ...
Psilocybin Law Reforms Gain Momentum Across the United States
LOS ANGELES- Efforts to reform psilocybin laws are accelerating nationwide, with several states making significant strides toward decriminalization or legalization of the psychoactive compound found in "magic mushrooms." In Colorado, voters approved Proposition 122 in ...
HYTN Innovations Secures Cannabis Supply Agreements for German Market
LOS ANGELES- HYTN Innovations Inc., a pharmaceutical company specializing in cannabis-derived products, has entered into strategic supply agreements and completed vendor qualifications with two cannabis cultivators, securing a minimum of 4,000 kilograms of cannabis for ...
MediPharm Labs Reports 27% Annual Revenue Growth
LOS ANGELES- MediPharm Labs Corp., a pharmaceutical company specializing in precision-based cannabinoids, has announced a 27% increase in annual net revenue for 2024, reaching $42 million. This growth is primarily attributed to a significant rise ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
Good Supply Expands Product Portfolio With the Introduction of Hash, Wax, and Kief
LEAMINGTON, ON– Aphria Inc. (TSX: APHA) (NASDAQ: APHA), a cannabis-lifestyle consumer packaged goods company, today announced that it has entered the concentrates category under the Good Supply brand with the introduction of hash, wax, and kief. ...
Green Bee Botanicals face serum wins 1st place in “Academy Awards of Cannabis”
SAN FRANCISCO – The Emerald Cup is the most important and influential cannabis contest in the world, similar to the Wine Spectator awards for the winemaking industry — the reason Rolling Stone calls it "the Academy ...
Terrabis Dispensary Opens First of Five Locations in Missouri
O'FALLON, Mo.,–The Terrabis dispensary in O'Fallon will open its doors on May 3rd, just shortly after the state of Missouri released medical marijuana sales data showing nearly $30 million since the market first launched in ...
“Dangerous Delta-8?” CBD Manufacturer Warns Consumers About Potentially Harmful Chemical
SOUTHBRIDGE, Mass.,– High Purity Natural Products today announced a warning for consumers and manufacturers about potentially harmful chemicals within Delta-8 THC. Delta-8 THC, derived through a chemical process from hemp, is "said to be legal" ...
Next Green Wave Announces Financial Results And Provides Dispensary Update
VANCOUVER, B.C. – Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF), a seed-to-shelf craft cannabis producer, announced operational and financial updates. Dispensary Updates The Company now has placed multiple product lines in approximately 75 dispensaries ...
High Tide Increases U.S. Presence Through Acquisition of Leading CBD E-Commerce Retailer FABCBD
CALGARY, AB,– (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced that it is taking another step towards solidifying itself as a major player ...
TerrAscend Closes Acquisition of Keystone Canna Remedies
NEW YORK and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported it has closed the previously announced acquisition of GuadCo, LLC and KCR Holdings LLC for an implied enterprise ...
PharmaCielo Announces Financial Results for Fourth Quarter & Fiscal Year 2020
TORONTO and RIONEGRO, Colombia–PharmaCielo Ltd. (TSXV: PCLO), (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the fourth quarter and year ended December ...
Emerald Health Therapeutics Reports 2020 Year-end And Fourth Quarter Financial Results
VANCOUVER, B.C.– Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQX: EMHTF) released its financial results for the 12 months ended December 31, 2020. "We ended 2020 with a complete transformation of Emerald's balance sheet and operating ...
Swiss Parliament Votes In Favor of Adult Use Cannabis Legalization
ZÜRICH–Switzerland's Health Commission of the Swiss House of Representatives, the Swiss National Council, in what will become an historic vote, has voted this past Friday, April 30th, in favor of legalizing cannabis for the Swiss. ...
Cansortium Completes $71 Million Debt Financing
MIAMI–Cansortium (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent brand, today announced it has closed a US$71 million Senior Secured Term Loan due April 29, 2025 with a syndicate led by ...
ManifestSeven Reports Financial Results for First Quarter Fiscal Year 2021
IRVINE, Calif.,– Manifest 7 Holdings (CSE: MSVN; OTCMKTS: MNFSF), a Californian integrated omni channel platform for cannabis, today announced financial results for its fiscal first quarter ended February 28, 2021. First Quarter 2021 Fiscal Quarter ...
The Parent Company Partners with Omura to Launch New Caliva Flowersticks
LOS ANGELES–TPCO Holding Corp. (NEO: GRAM.U, GRAM.WT.U) (OTCQX: GRAMF; OTC PINK: GRMWF) announces its partnership with Omura, a first-of-its kind whole flower vaporizer. The Parent Company will enter Omura's "heat-not-burn" category with the launch of ...
Green Thumb Industries Announces US $217 Million Senior Debt Financing
CHICAGO and VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, recently announced they had closed on a USD$217M senior non-brokered private placement ...
Khiron Life Sciences Reports 2020 Fiscal Year End Results
TORONTO–Khiron Life Sciences (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announced today its financial results for the year ended and quarter ended December 31, ...
SLANG Worldwide Announces Fourth Quarter and Full Year 2020 Financial Results
TORONTO–SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF), a cannabis consumer packaged goods company with a diversified portfolio of popular brands, today released audited financial results for the full year and three months ended December 31, ...
Numinus Wellness Q2 2021 Announced New Funding, Acquisitions And MAPS Collaboration
VANCOUVER, B.C.–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing treatments and safe, evidence-based psychedelic-assisted therapies, today announced its second quarter financial results for the three months ended February 28, 2021. In the ...
Gage Growth Corp. Announces Fiscal Year 2020 Results
DETROIT– Gage Growth Corp., (CSE: GAGE), a leading cannabis brand operator in Michigan, today reported its financial results for the three and twelve months ended December 31, 2020. Financial Highlights for the year ended December 31, ...
Nextleaf Solutions Wins Patent in Emerging European Cannabis Markets
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor operating internationally, announced today that it has been awarded a patent in Europe, vital to the low-cost production of cannabis distillate. ...
Vireo Health Claims Largest Selection Of Cannabis Flower At Any New York Dispensary
NEW YORK–Vireo Health (CSE: VREO; OTCQX: VREOF), a multi-state cannabis company, today announced the launch of the Company's first line of ground medical cannabis flower in New York. The new line of ground flower will ...
TransGlobal Assets Purchases Ownership In 3 Michigan Medical Cannabis Licenses
ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD ...
Tryp Therapeutics Announces Q2 2021 Financial Results
SAN DIEGO–Tryp Therapeutics Inc. (CSE: TRYP) today announced its interim financial results for the three and six month periods ended February 28, 2021. The reported period included the completion of Tryp's Initial Public Offering; significant ...
CENTR Brands Corp. Announces Q3 2021 Results
VANCOUVER, BC– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) announced its financial results for its third fiscal quarter ending February 28, 2021. Description Q3 2021 ($) Q2 2021 ($) Q1 2021 ($) Gross ...
Fire & Flower Appoints Nadia Vattovaz to Chief Operating Officer & Announces Judy Adam as New Chief Financial Officer
TORONTO– Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced the appointment of Nadia Vattovaz (wearing blue jacket in images above) to her new role as Chief Operating Officer and the addition of Judy Adam to ...
