Business
Curaleaf Announces Launch of Adult-Use Cannabis Sales at Stamford, CT Dispensary
NEW YORK - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, announced that it has been approved by the Connecticut Department of Consumer Protection to commence adult-use sales at its Stamford, Connecticut location, beginning Saturday, January 28 at 10:00 a.m. Curaleaf Stamford, located at 814 East Main St, is ...
Curaleaf Announces Closure of Operations in California, Colorado and Oregon
NEW YORK - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, announced the proactive closure of the majority of its operations in California, Colorado and Oregon, beginning this month, as part of its continued effort to streamline its business. Additionally, in an effort to further optimize operations and reduce ...
The Parent Company Announces Social Equity Ventures’ Brand Success Program
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced four participants in the Company's Social Equity Ventures Brand Success Program. Through the SEV Brand Success Program, The Parent Company aims to empower social equity brands with the knowledge and opportunity to scale their business, increase brand ...
Clever Leaves Announces Wind-Down of Portugal Operations as Part of Ongoing Restructuring Initiatives
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is announcing the wind-down of all operations in Portugal as part of its ongoing restructuring initiatives. Under this restructuring plan, the Company expects its Portuguese flower cultivation, post-harvest processes, and manufacturing activities to cease in full ...
Wana Brands Partners with TerrAscend to Bring its Best-In-Class Edibles to New Jersey
NEW YORK and TORONTO - TerrAscend Corp.(CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced a multi-year agreement with Wana Brands, the edibles manufacturer in North America, to introduce Wana's products at The Apothecarium retail stores and additional third-party retailers in New Jersey. The agreement will also transfer to TerrAscend, the manufacturing and ...
Shiny Health & Wellness Welcomes Ontario Government’s Investment in Private Healthcare
TORONTO - Shiny Health & Wellness Corp. (TSXV: SNYB) welcomes the Ontario government's new plan, announced on January 16, 2023, revealing permanent legislative changes which allow private health clinics in the province to perform publicly-funded surgeries and health procedures to improve patient backlog and wait times. This decision follows other recent legislation, which came into ...
CanPay Now Accepted at More Than 1,000 Cannabis Merchant Locations
LITTLETON, Colo. - CanPay, the largest legitimate payment network for cannabis retailers and consumers, is now available at more than 1,000 participating merchant locations in 31 states across the U.S. CanPay's easy-to-use app allows consumers to pay for purchases at cannabis retailers with a simple debit from their checking account using the Automated Clearing House ...
CryoMass Signs $10.2 Million Multi-State License Agreement
DENVER - CryoMass Technologies Inc.(OTCQX: CRYM) is pleased to announce the signing of a multi-state license agreement with California-based RedTape Core Partners LLC following the successful market launch of the Company’s patented cryogenic Trichrome Separation system. On December 12th, 2022, CryoMass delivered the Company’s first Trichome Separation unit to RedTape’s Coastal Refinement Solutions cannabis extraction ...
MariMed Strengthens Sales, Marketing, and R&D Teams With Senior Executive Hires
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator, announced that two highly accomplished executives have joined the Company to help drive retail and wholesale revenues and product innovations that meet the needs of today’s cannabis consumer. Matt Truppo joins MariMed as Vice President of Retail Sales, and Jay O’Malley joins ...
Trym and Dutchie Partner to Provide Software Solution for Vertical Cannabis Businesses
NOVATO, Calif. - Cannabis cultivation software provider Trym announced today an integration with Dutchie, the technology platform powering cannabis commerce, to offer advanced functionality to vertically integrated businesses. Recent price compression across many major cannabis markets has led cannabis operators to focus on optimizing yields and reducing cultivation operational expenses. The Trym and Dutchie partnership ...
SNDL Completes Acquisition of The Valens Company
CALGARY, AB - SNDL Inc. (Nasdaq: SNDL) announces the completion of the previously disclosed acquisition of all of the issued and outstanding common shares of The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), other than those held by SNDL and its subsidiaries, pursuant to a plan of arrangement under the Canada Business Corporations Act, for ...
Greenway Granted Processing License
KINGSVILLE - Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTC: GWAYF), a cultivator of high-quality greenhouse cannabis for the Canadian market, is pleased to announce that it has received a standard processing licence from Health Canada. "This new license will complement Greenway's B2B business model by allowing the company to provide value-added processing services, as well ...
New Partnership Uses Blockchain to Advance Credibility and Quality in Legal Cannabis, CBD Industries
LAS VEGAS - Covalent CC LLC, a premium supplier of cannabinoids, is thrilled to announce it has entered a partnership with Qredible®, the cannabis industry’s first blockchain-backed digital registry and integrated network of validated and verified suppliers. For both companies, the partnership is a crucial step forward in achieving increased visibility in the legalized cannabis, ...
Legal Use of Medicinal Cannabis on the Rise in Australia
MELBOURNE, Australia - According to Levin Health, a sports science company focused on researching, developing and commercialising a range of medicinal cannabis products, such as CBD oil Australia-wide, although medical marijuana's Australia wide was made legal in 2016, the vast majority was obtained via illegal avenues at first. The CAMS-18 study of medical cannabis use ...
Verano Welcomes Connecticut Lieutenant Governor Susan Bysiewicz and Cannabis Customers at Zen Leaf Meriden
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today celebrated the commencement of adult use cannabis sales in Connecticut at the Company’s Zen Leaf Meriden dispensary. The Company welcomed Lieutenant Governor Susan Bysiewicz, Department of Consumer Protection Commissioner Michelle H. Seagull, Social Equity Comissioner Paul Robertson, Meriden Mayor Kevin Scarpati, ...
Cannabis Company Tilray May Pivot to Fruit & Veg Cultivation
NEW YORK- After Canadian cannabis company Tilray Brands Inc. TLRY, +1.09% said it had lost money in the second quarter, its stock fell 3.7% in premarket trading on Monday. In contrast to a profit of $5.8 million, or breakeven per share, for same time last year, Tilray recorded a loss of $61.64 million, or 11 ...
Jushi Holdings Inc. Announces Leadership Appointments and Management Changes
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced leadership appointments and management changes. These changes include the appointment of Michelle Mosier as the Company’s Chief Financial Officer effective January 16, 2023, and the resignation of Leonardo “Leo” Garcia-Berg from his position as Chief Operations Officer, effective January ...
The Parent Company Restructures Jay-Z and Other Partnerships
SAN JOSE- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, today announced that it has entered into modification agreements to restructure the relationship between Roc Nation LLC, SC Branding, LLC and The Parent Company. As part of the restructured arrangement, Shawn 'JAY-Z' Carter and affiliates and Roc Nation will return approximately 7.1 million ...
Aurora Cannabis Announces Sale of Polaris Facility
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced that the Company has closed the sale of its Aurora Polaris facility for gross proceeds of approximately $15 million, previously announced to be closing under the Company's ongoing transformation program. Aurora's balance sheet remains in ...
Snoop’s Death Row Records Launches Cannabis Brands
LOS ANGELES- Snoop Dogg, who now owns Death Row Records, has announced the launch of a new brand of Death Row Cannabis. A legendary label, Death Row Records, has launched a new cannabis the cannabis industry. Last Friday, the Death Row Records instagram account shared a brief animated video announcing the new endeavor – Death ...
Village Farms International Commences Shipping Cannabis to Israel
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced further progress on its international cannabis strategy and commented that the lack of cannabis legislative action by the United States Senate (in direct contrast to the 39 States / the District of Columbia with legally sanctioned medical-use and/or adult-use THC, as well as the vast ...
Canopy Growth Completes Divestiture of Canadian Retail Operations
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis and 420 Investments Ltd. to divest its retail business across Canada, which includes the stores operating under the Tweed and Tokyo Smoke retail banners. "The divestiture of our Canadian retail ...
The Valens Company Obtains Final Court Order Approving the Proposed Plan of Arrangement With SNDL
KELOWNA, BC- The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, is pleased to announce today that the Ontario Superior Court of Justice (Commercial List) has granted a final order approving the previously announced plan of arrangement with SNDL Inc. under Section 192 of the Canada Business Corporations Act in accordance ...
Connecticut To Begin Selling Adult-Use Cannabis Next Week
NEW HAVEN–According to the Connecticut Department of Consumer Protection, cannabis sales to adults in Connecticut can start next week. On Tuesday, January 10, no sooner than 10 a.m., or as local zoning permits, licensed hybrid merchants will be permitted to start selling cannabis products to all adults age 21 and over. In a statement, DCP ...
District Court Orders Mexican FDA to Grant Cannabis Authorizations to Xebra
VANCOUVER, BC - Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC), a cannabis company, is pleased to announce, that further to its press release of December 8, 2022, a District Court judge has ruled in favor of Xebra Mexico. On December 8, 2022, Xebra announced that the Mexican Health Regulatory Agency (the Mexican FDA ...