Business
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 ...
Trulieve Announces Exclusive Partnership in Florida with Connected Cannabis & AlienLabs
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced their partnership with California-based Connected Cannabis and AlienLabs. As part of the announcement, Trulieve is the exclusive provider of Connected Branded products throughout Florida. "Trulieve consistently seeks ways to introduce new products and better serve our patients," said Kim Rivers, CEO of Trulieve. "Connected and ...
MariMed Appoints Jon Levine as Interim Chief Executive Officer
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its Board of Directors appointed Jon Levine, MariMed’s President, as Interim Chief Executive Officer. “With a heavy heart on the news of Robert Fireman’s passing, appointing Jon Levine as Interim Chief Executive Officer ...
The Valens Company Granted Additional 180 Calendar Day Grace Period by Nasdaq
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announced today it received an extension of 180 calendar days from the Nasdaq Stock Market LLC to regain compliance with the Nasdaq's minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the ...
Green Thumb Industries Announces Expansion of Executive Leadership Team
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced the appointments of four executive leadership positions and one new board member. The leadership promotions include Anthony Georgiadis to President, Matt Faulkner to Chief Financial Officer, and Bret ...
Biden Signs Law Paving the Way for Cannabis Research
WASHINGTON, D.C.-President Joe Biden signed legislation on Friday that will facilitate cannabis research and promote the creation of pharmaceuticals derived from the plant. Bipartisan advocates for the Medical cannabis and Cannabidiol Research Expansion Act expressed hope that other cannabis-related initiatives in Congress' lame-duck session would follow suit. The co-chairs of the Congressional Cannabis Caucus, Reps. ...
Ayr Wellness Kicks Off “12 Days of Giving,” a $100,000 Holiday Donation Campaign
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, today announced the beginning of its second annual “12 Days of Giving” campaign. The campaign will run through December 16th, 2022, and proceeds will benefit those negatively impacted by cannabis prohibition. Beginning today, Ayr-owned retail locations will be donating $1.12 per ...
Bill To Legalize Cannabis Presented to Irish Parliament
DUBLIN, Ireland–A bill that would make cannabis use legal for personal use will be presented to the Dáil, the Irish parliament. Representative Gino Kenny of People Before Profit noted that although the bill was supposed to be introduced during the summer, it was postponed. Irelands Misuse of Drugs Act, which now governs cannabis possession, will ...
TerrAscend Reduces Outstanding Debt by US$30 Million
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that its subsidiary, WDB Holding MI, Inc. (DE), and all subsidiaries of TerrAscend, refinanced the existing senior secured term loan of $55.0 million previously announced on November 22, 2021 (the "Michigan Loan"), pursuant to an amendment. The Amendment provides for a ...
Ayr Wellness Begins Adult-Use Sales at Somerville
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), begins adult-use sales alongside its established medical sales at its Somerville, MA retail location. Located at 240 Elm St, Somerville, MA 02144, Sira Naturals Somerville is located within the bustling Davis Square – home to many of the community’s favorite restaurants and shops – and just ...
Jushi Holdings Inc. Files a Copy of its S-1 Registration Statement in Canada
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced that, further to a review by the Ontario Securities Commission of the Company’s continuous disclosure and a subsequent request from OSC staff in connection therewith, the Company has filed its registration statement on Form S-1 (the “Registration Statement”), made ...
AWH Commences Adult-Use Sales at Fort Lee Dispensary
NEW YORK - Ascend Wellness Holdings, Inc. (AWH) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator focused on better living through cannabis, has announced that Ascend Fort Lee, located at 461 West Street, will begin selling recreational cannabis today. Strategically situated near New York City in a densely populated area of northern New Jersey, Ascend ...
Safe Harbor Financial Announces Completion of Abaca Acquisition
ARVADA, Colo. - SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS) announced today the closing of the acquisition of Rockview Digital Solutions, Inc, d/b/a Abaca, a financial technology platform focused on serving the cannabis industry. The acquisition increases Safe Harbor's customer base to include more than 1,000 unique depository accounts across 40 states and ...
HEXO and Entourage Health Sign Long-Term Supply Agreement
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of high-quality cannabis products, announced the execution of a long-term supply agreement with Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE), a Canadian producer and distributor of award-winning cannabis products. Under the Supply Agreement, HEXO will provide Entourage with bulk dried cannabis and ...
Portuguese Health Authority Grants Clever Leaves EU-GMP Certification for Post-Harvest Cannabis Flower
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that its facility in Portugal has been granted EU-GMP certification by the Portuguese Health Authority (INFARMED, I.P.) to manufacture dried cannabis flower as an active pharmaceutical ingredient and as finished product. The EU-GMP certification ...
Cannabis Remains a Staple at This Year’s Holiday Table
MIAMI - This year it seems cannabis remains essential for Thanksgiving and holiday celebrations even as purse strings tighten among rising inflation rates. Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, and Suzy, a global market research platform, conducted a survey of U.S. cannabis consumers for Thanksgiving that indicated 24% of respondents ...
Akerna Corp. Announces Intent to Effect Reverse Stock Split
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, today announced that it will effect a 20-for-1 reverse stock split of its shares of common stock, $0.0001 par value that will become effective on November 8, 2022 at ...
Tilray Brands Acquires Montauk Brewing Company
NEW YORK–Tilray Brands, Inc. (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company. Montauk Brewing is well-known for its beloved product portfolio, premium price point, and distribution across over 6,400 points of distribution, including top national retailers such as Target, Whole Foods, Trader Joe’s, Stop & Shop, King Kullen, Walmart, 7-Eleven, Costco, ...
Dutchie Founders Ross & Zach Lipson Leave Dutchie
BEND, Oregon–According to a press release, Ross and Zach Lipson, who co-founded the privately held Oregon company, have resigned from their positions of leadership, and the board of directors has selected a new chief executive officer, chief financial officer, general counsel, and vice president of engineering. Tim Barash: New CEO of Dutchie Tim Barash, the ...
