Business
Innovation and technology, pillars of success for PuraVerde Cannabis
What are some of the factors that can help predict if a cannabis company will be successful long term? This is a very hard question to answer nowadays, considering that the US is heading to a recession, and whatever capital available to invest is being carefully allocated. Understandably, investors have different risk thresholds and tolerances, ...
Industry Disruption One Lipid At A Time? Meet Impact Naturals
It doesn't come very often the opportunity to completely revolutionize and disrupt not one, not two, but at least three industries at the same time, with a simple yet efficacious technology developed by an A list team. This introduction does not serve justice to set the tone for Impact Naturals, a health technology company specializing ...
Charlotte’s Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada
DENVER and LEAMINGTON - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in cannabidiol hemp extract wellness products, and Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY), Canadian cannabis consumer packaged goods company, have entered into a strategic alliance which includes licensing, manufacturing, quality, marketing and distribution of Charlotte's WebTM CBD hemp extract ...
PuraVerde: Maximizing efficiency in Cannabis
For anyone in cannabis, it is very well known that this is one of the most volatile, rapidly evolving industries in America, particularly for investors and operators. The regulatory landscape and the fact that this is a re-emerging industry makes it very challenging to create sustainable businesses; the current economic environment showing financial distress ...
Gage Cannabis Announces Fourth Social Equity Grant Recipient
DETROIT - Gage Cannabis, a subsidiary of TerrAscend Corp. and a high-quality cannabis brand and operator in Michigan, today announced its fourth social equity grant recipient, Midwest CannaNurses. MCN is a Detroit-based minority-owned holistic health and wellness education consulting company dedicated to health advocacy, education, and inclusion with a focus on cannabis as an alternative ...
Does The Employee Retention Tax Credit Enable Cannabis Companies to Receive Tax Relief?
SAN DIEGO– Cannabis companies were deemed ‘’essential services’’ in the COVID-19 pandemic. But that didn't translate into access to the wealth of government grants that were made available to non-cannabis companies. Restrictions imposed by Section 280E prevented cannabis enterprises from taking advantage of the majority of government-sponsored economic recovery programs in the wake of the ...
The Parent Company Provides Strategic Corporate Update
SAN JOSE, Calif. - TPCO Holding Corp. or The Parent Company (NEO: GRAM) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced that it has elected to outsource certain aspects of its cultivation and manufacturing activities to select third party operators to realize benefits related to the current California cannabis market conditions. The changes to ...
Jushi Holdings Inc. Launches Newly Formulated Cannabis Infused Fruit Chews by Tasteology
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced it has debuted its newly formulated vegan and gluten-free Tasteology Fruit Chews in Massachusetts and expects to roll out the new product line in Virginia, Ohio, and Nevada in Q1 2023. Made with the finest real fruit purées by ...
Good Supply Cannabis Brand Reveals New Fall Flower Launches and Expands Distribution of High-Potency Products
TORONTO - Tilray Brands, Inc.(Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life today announced the expansion of Good Supply’s award-winning cannabis portfolio. The brand’s latest product release includes the launch of new high-potency strains and expanded distribution of its ...
What Comes Next In The International Cannabis Industry?
NEW YORK- In mid-July of this year, Skyquest released a report in which they forecast that the global cannabis market will attain a market size of $197.75 billion by 2028, at a CAGR of 32.04% during the forecast period (2022-2028). These numbers do not include the CBD markets, which are projected to grow by a ...
Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.
SMITHS FALLS, ON, Oct. 25, 2022 Growth Corporation and Canopy USA, LLC Today announced that each of the Company and Canopy USA has filed an early warning report under National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the Company's direct and indirect disposition of, ...
Canopy Growth to Fast Track Entry into the U.S. Cannabis Market
SMITHS FALLS, ONTARIO October 25, 2022 Canopy Growth Corporation today announced a strategy to accelerate its entry into the U.S. cannabis industry and unleash the value of its full U.S. cannabis ecosystem through the creation of a new U.S.-domiciled holding company, Canopy USA, LLC and the execution of a deliberate and highly-structured process. Canopy USA will ...
Goodness Growth Holdings Commences Litigation Against Verano for unlawful termination of Arrangement Agreement
MINNEAPOLIS - Goodness Growth Holdings, Inc.(CSE: GDNS; OTCQX: GDNSF), announces that it has commenced an action in the Supreme Court of British Columbia against Verano Holdings Corp., seeking damages after Verano wrongfully terminated the share exchange agreement (the "Arrangement Agreement") between the parties pursuant to which Verano agreed to acquire all of the outstanding capital ...
AWH Commences Medical Operations in Pennsylvania
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator focused on bettering lives through cannabis, has announced the opening of its Scranton, Pennsylvania dispensary for medical patients only. Ascend Scranton is located at 605 Davis Street. Opening officially on Friday, Oct. 21, 2022, the new dispensary will take a ...
Ayr Wellness Introduces its National Portfolio of Brands to New Jersey Menus
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced the rollout of several brands from its national portfolio to the New Jersey market. New Jersey cannabis consumers can now purchase products from brands including Lost in Translation (LIT) award-winning, premium whole flower; Kynd premium whole flower; Road Tripper whole ...
Green Thumb to Launch “RISE Express” Dispensaries in Florida
CHICAGO and VANCOUVER, British Columbia, Oct. 19, 2022 Green Thumb Industries Inc. (Green Thumb) Today announced plans to expand its medical retail footprint in Florida through a lease agreement with Circle K, the global convenience store retailer. Starting in 2023, Green Thumb plans to launch its test and learn phase of the rollout with approximately ten ...
Neptune Announces Binding Agreement for Divestiture of Cannabis Assets
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT), a health and wellness company, announced today that is has entered into a binding agreement to divest its cannabis business which includes the cannabis plant in Sherbrooke, Québec, the Mood Ring and PanHash brands, and related assets. The Company has reached an agreement with PurCann Pharma ...
A LIFE IN A DAY: Bill Oldham, CEO From Oldham Global
Mr. Oldham has more than 25 years of experience as an investor, serial entrepreneur, executive, and consultant, building two $100M companies from scratch, and working and managing companies with global reach in Europe, Africa, and the Middle East. Oldham Global's model involves building and maintaining mutually beneficial relationships with strong operational partnerships for long-term excellence ...
Verano Repudiates Transaction to Acquire Goodness Growth Holdings
MINNEAPOLIS, Minn. and VANCOUVER, British Columbia - Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF) announces today that on October 13th, 2022, Verano Holdings Corp. delivered notice to Goodness purporting to terminate the arrangement agreement between Verano and Goodness dated January 31, 2022, as amended. Under the Arrangement Agreement, Verano agreed to acquire all of ...
Arcview Cannabis Investment Forum Returns To New York City
NEW YORK – Next week, October 19-21, 2022 Arcview Events & Experiences makes their return back to New York City, the Financial Capital of the world. It's been three long years since they had their last event. And so much has changed in the cannabis landscape. It's almost a different industry now from when Arcview ...
Curaleaf Relocates Deerfield, IL Dispensary and Opens Doors to Adult-Use Customers
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, announced that it has relocated its Deerfield dispensary to 677 Lake Cook Road, Deerfield, IL 60015, and expanded the location's operations to serve adult-use customers. Curaleaf Deerfield is dedicated to providing premium quality products for adult-use customers while ...
Ayr Wellness Appoints David Goubert as President
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), announced that consumer packaged goods and retail industry veteran David Goubert has been appointed President, joining Ayr’s leadership team to oversee the Company’s operational and commercial functions, including production, supply chain, retail, wholesale and marketing. Mr. Goubert will report to Ayr’s Founder and CEO, Jonathan Sandelman. ...
Green Thumb Industries Announces Changes to Board of Directors
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods (CPG) company and owner of RISE Dispensaries, today announced that Richard Drexler, a proven financial executive who currently serves as Chairman of the Audit and Finance Committee at Bison Gear and Engineering and previously served ...
Cannabis Businesses Increasingly Challenged to Address Industry’s Environmental Impact
DENVER - Energy and water use, packaging, bio waste, social equity, and access to affordable medicine are all issues currently under scrutiny as a maturing cannabis industry grapples with the consequences of its rapid growth. As a result, the industry is facing increasing pressure to develop policies and practices that promote sustainability in both how ...
Super Critical Brands Appoint Dmitry Ostrovtsev as New Managing Partner & President
LOS ANGELES–Super Critical Brands Group, the global CPG marketing agency for the cannabis and psychedelic industries, announced today the appointment of their new President & Managing Partner, Mr. Dmitry Ostrovtsev. Dmitry has been in the cannabis industry both as a consultant at Super Critical Brands, and as owner of the cannabis ancillary company Special Ceremony. ...
