Business
Curaleaf Appoints Tyneeha Rivers As Chief People Officer
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced today that Tyneeha Rivers has been appointed to the role of Chief People Officer for Curaleaf, a new position. The move follows the recent announcement of Matt Darin being named CEO, replacing Joe Bayern, who ...
Verano Prevails in Nielsen Arbitration Dismissing All Claims
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), through its subsidiary, Verano Holdings, LLC, notified the U.S. District Court for the District of Colorado of its complete victory in arbitration regarding various frivolous RICO (Racketeer Influenced and Corrupt Organizations Act) claims brought by Nicholas Nielsen. The arbitrator dismissed all of Nielsen’s claims with prejudice ...
Akerna Announces Further Adjournment of Annual Meeting of Stockholders
DENVER - Akerna Corp. (Nasdaq: KERN) announced that its 2022 annual meeting of stockholders has been further adjourned to Wednesday, May 25, 2022 at 9 a.m. Mountain Time with respect to all proposals described in Akerna’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 19, 2022. The reconvened Annual Meeting ...
4Front Ventures Reports First Quarter 2022 Financial Results
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, today announced its financial results for the first quarter ended March 31, 2022 ("Q1 2022"). All financial information is presented in U.S. dollars unless otherwise indicated. Q1 2022 Highlights Systemwide Pro Forma Revenue increased 7% year-over-year to $32.4 million GAAP revenue increased ...
MariMed Awarded Dispensary License in Ohio
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced today it had been awarded a provisional dispensary license by the Ohio Board of Pharmacy. MariMed won this license in the Ohio lottery process. The license allows the Company to develop a medical dispensary in Tiffin, Ohio, ...
Verano Announces the Opening of MÜV Ocala, the Company’s 47th Florida Location
CHICAGO- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Ocala on Friday, May 20, the Company’s 47th Florida dispensary and 98th nationwide. MÜV Ocala, located at 3701 SW College Road, is open Monday through Saturday from 9:00 a.m. to 7:00 p.m. and Sunday from 11:00 a.m. to ...
Philip Sanford Joins Neptune Wellness Board of Directors as Audit Chair
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that Phil Sanford has joined the Neptune Board of Directors and will serve as Audit Chair. "We are so pleased to welcome Phil to Neptune's Board of ...
IBC Takes Plunge Into the Metaverse With Cannaverse Technologies
NEW YORK - If living in the physical world has proven to be a little bit too much lately, InterContinental Beverage Capital (IBC), has officially partnered with Cannaverse Technologies (Cannaverstech™) to become its branding advisor in Cannaland™, cannabis focused Metaverse that connects every facet of the cannabis and hemp communities. Additionally, IBC has acquired real ...
Akerna Announces Strategic Review and Organizational Changes
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announces that it has engaged JMP Securities to assist in evaluating strategic alternatives as the Company and the Board seek to maximize stakeholder value. “Our goal ...
Ayr Wellness Announces Sale from Phoenix Cultivation Facility, Launch of STiX Pre-Roll Co. in Arizona
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced that it has launched first sales from its Phoenix, Arizona cultivation facility. Concurrently, the Company announced the launch of its national pre-roll brand, STiX Pre-Roll Co. in Arizona. “Sales from our new Arizona cultivation marks a key operational milestone ...
Harborside Inc. Acquires Full Ownership of Seaside, California Store
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, today announced that it reached an agreement on May 18, 2022 to acquire a further 50% ownership interest in its Seaside, California store. The Acquisition will result in the Company owning all of the issued and outstanding securities of 680 ...
Canopy Growth Announces Plan to Acquire Jetty Extracts
SMITHS FALLS, ON–Canopy Growth Corporation and Lemurian, Inc., a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, announced today that they have entered into definitive agreements providing Canopy Growth, by way of a wholly-owned subsidiary, the right to acquire, upon federal permissibility of THC in the U.S. or earlier at Canopy ...
Jushi Holdings Inc. Opens 32nd Retail Location Nationwide in Grover Beach
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced it is expanding its retail footprint in California with the opening of its 32nd retail location nationally and third dispensary in the Golden State: BEYOND / HELLO™ Grover Beach. The new store, which is located between Ocean and Pismo ...
MariMed Strengthens Executive Leadership Team
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced the appointment of Jon Levine to the new role of Chief Administration Officer and the appointment of Susan Villare to Chief Financial Officer effective May 12, 2022. Strengthening MariMed’s leadership team will enable the Company to ...
Ayr Receives Final License to Sell Adult-Use Cannabis in Back Bay
Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission has granted a final license for the sale of adult-use cannabis at its AYR Back Bay dispensary in Boston. The CCC voted to grant the final license at its meeting on May 12, 2022. “Our Boylston ...
TerrAscend Appoints Lynn Gefen as Chief Legal Officer
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced the appointment of Lynn Gefen as Chief Legal Officer and Corporate Secretary effective May 23, 2022. Ms. Gefen brings more than two decades of in-house and law firm experience as well as deep public company knowledge to TerrAscend. Previously, Ms. ...
HEXO To File Management Information Circular
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) , a producer of quality cannabis products, today announced that, on or about May 16, 2022, the Company expects to file a management information circular in respect of the special meeting of shareholders of the Company scheduled to be held on June 14, 2022 at 4:00 ...
Harborside Inc., Announces New California Store Openings in San Francisco and La Mesa
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, today announced it opened two new retail stores in California, bringing its total retail store count to 13. In addition, the Company has provided 2021 pro forma sales information. Retail Store Openings The Company is pleased to announce that it ...
Curaleaf Names Matt Darin CEO
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced that Matt Darin will become Chief Executive Officer of Curaleaf Holdings, Inc., effective today, while current CEO Joe Bayern will launch and run a new division of Curaleaf developing a new CPG-based business model. ...
Curaleaf Expands Retail Presence in Florida with Three New Dispensaries
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced plans to open three new dispensaries in Florida over the coming weeks. Curaleaf's latest expansion will increase the Company's retail footprint to 50 dispensaries in the Sunshine State and 133 locations nationwide. Curaleaf Bradenton East, located ...
Verano Opens MÜV Fort Myers Beach, Company’s 46th Florida Location
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Fort Myers Beach, the Company’s 46th Florida location and 97th nationwide, on Friday, May 6. MÜV Fort Myers Beach, located at 11340 Summerlin Square Drive, is open Monday through Saturday from 9:00 a.m. to 7:00 p.m., and ...
MariMed Closes Acquisition of Illinois Craft Cannabis License
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced it has closed its acquisition of Green Growth Group, Inc. The close of this transaction enables MariMed to add cultivation, manufacturing, and distribution to its existing retail cannabis operations in Illinois. MariMed will bring its full ...
Why Are Consumer Insights So Important in Marketing Cannabis?
Why do you need consumer insights?...One reason is because with consumer insights, you can shoot down your competition. Understanding your consumer’s needs and wants is essential to ensure your cannabis company is future-proof. Listening empowers you to learn from and talk to your customers in order to create ever-improving experiences. Cannabis businesses with quality data ...
New Jersey Cannabis Market: Off To A Strong Start
TRENTON- The unofficial holiday for pot smokers is April 20, but April 21 will be the official day of celebration for New Jersey's legal cannabis sector. Adult-use cannabis sales are now legal in New Jersey on Thursday, paving the way for a $2 billion market by 2025, according to analysts. On the first day the ...
Acreage Expands Adult-Use Retail Operations in Maine and Closes Sale of Cultivation and Processing Facility in Oregon
NEW YORK - Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced it has completed the sale of its cultivation and processing facility in Medford, Oregon, and in conjunction with the sale, closed its dispensary in Powell, Oregon. Total consideration for the ...