Business
Curaleaf Completes Acquisition of Tryke Companies
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the completion of its previously announced acquisition of Tryke Companies ("Tryke") (dba as Reef Dispensaries), a privately held vertically integrated, multi-state cannabis operator. With the close of the transaction, Curaleaf's national footprint has reached 29 ...
StateHouse Holdings Announces New Distribution Partnership with Nabis
SAN DIEGO and TORONTO - StateHouse Holdings Inc. (CSE: STHZ) (OTCQX: STHZF), a California-focused cannabis enterprise, announced that it has entered into a strategic partnership with Nabis, California's largest cannabis distributor, under which the Company is outsourcing all of its cannabis distribution. Under the terms of the Partnership, Nabis has assumed all of StateHouse's distribution ...
GreenWave Buzz Podcast Launches on Highly Capitalized
LOS ANGELES–Highly Capitalized announced today the launch of a new capital markets podcast called the GreenWave Buzz podcast. This podcast series, conceived as a timely, thought provoking and unique perspective on matters impacting the cannabis investment landscape, is part of our rolling coverage of the capital markets in cannabis in North America and beyond. CLICK ...
The Parent Company to Begin Trading in Canadian Dollars on the NEO Stock Exchange
SAN JOSE, Calif.- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that the Company intends to begin trading on the NEO Stock Exchange in Canadian dollars starting on October 7, 2022, under the revised symbol "GRAM". The Company's NEO listed warrants that trade under the symbol "GRAM.WT.U" will continue to ...
Akerna Corp. Announces Pricing of $5.0 Million Private Placement of Convertible Redeemable Preferred Stock
Akerna Corp. (Nasdaq: KERN) announced that it has entered into a securities purchase agreement with certain institutional investors. DENVER, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Akerna Corp. (Nasdaq: KERN) (“Akerna” or the “Company”), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global ...
Canopy Growth Announces Divestiture of Canadian Retail Operations
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that the Company has entered into agreements to divest its retail business across Canada which includes the stores operating under the Tweed and Tokyo Smoke retail banners. The announcement reinforces the Company's focus on advancing its path to profitability as a premium brand-focused ...
Ascend Wellness Holdings Initiates Leadership Transition Plan
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, today announced that Chief Financial Officer Daniel Neville and President & Co-founder Frank Perullo have been named Interim Co-CEOs, effective immediately. As Interim Co-CEOs, Mr. Neville and Mr. Perullo will provide ongoing ...
The Parent Company Completes the Acquisition of Calma
SAN JOSE - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has acquired the remaining 15% equity of its Calma Weho LLC dispensary following receipt of all necessary regulatory approvals. Located in the Los Angeles metropolitan region, the 3,250-square-foot dispensary is one of only eleven ...
Leafythings launches Retailer Support Program to help struggling Ontario Cannabis Store businesses.
TORONTO, Sept. 22, 2022 Unfortunately due to the rise of cannabis store closures on the horizon in the Ontario cannabis marketplace, Leafythings has discovered the lack of an efficient orderly closure program existing for struggling retailers and is proposing a retailer support program Leafythings discovered that the wind-down process for an authorized retailer takes approximately ...
Analysis: Incidences of Acute Cannabis-Induced Psychosis Are Uncommon
LAUSANNE, SWITZERLAND: According to research published in the journal Translational Psychiatry, acute psychotic episodes are only sporadically brought on by cannabis use in patients who do not already have a psychiatric disorder. A multidisciplinary group of researchers from Australia, Switzerland, and the United Kingdom assessed the lifetime occurrences of "cannabis-associated psychotic symptoms" (CAPS) requiring hospitalization ...
Study: Artisanal CBD-Rich Extracts Show Long-Term Efficacy in Children with Epilepsy
TEL AVIV–(NORML) According to findings published in Pediatric Neurology, long-term treatment with plant-derived CBD extracts is effective for children with refractory epilepsy. Israeli researchers evaluated the efficacy and safety of artisanal CBD-rich extracts in a group of young people with types of epilepsy that are resistant to therapy. 51 percent of patients who received extracts ...
New York State Regulators Finalize Cannabis Home Cultivation Rules
NEW YORK – Following the implementation of regulations by state officials, qualified patients and their designated caregivers can start growing cannabis at home the following month. The state now permits registered patients and caregivers to grow a limited amount of marijuana on their own private premises. No more than three mature plants and three immature ...
Clever Leaves Partners With House of Kush for International Expansion
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced a partnership today with U.S. cannabis-branded genetic innovation company, House of Kush, to be the exclusive grower and distributor of proprietary genetics globally. Clever Leaves will be the exclusive producer of various genetics for ...
Cannabis Conference Success Can Be Waiting In The Fringe
NEW YORK– Years sans-conference and you miss the energy to reconnect, session, and hang with peers, so it’s time to jump back in! The revery and positive vibes, seeing old friends, industry peers, the experience of meeting new like-minded people, it’s a feeling for sure. Personally, my favorite part is knowing I might meet someone ...
Cannabis Conference Success Can Be Waiting In The Fringe
NEW YORK– Years sans-conference and you miss the energy to reconnect, session, and hang with peers, so it’s time to jump back in! The revery and positive vibes, seeing old friends, industry peers, the experience of meeting new like-minded people, it’s a feeling for sure. Personally, my favorite part is knowing I might meet someone ...
Skye Bioscience Completes Drug Production for Phase 1 Clinical Study
SAN DIEGO-- Skye Bioscience, Inc. (OTCQB: SKYE), a pharmaceutical company developing a proprietary, synthetic cannabinoid derivative to treat glaucoma, has been advised by its contract manufacturer that it has completed the production of SBI-100 Ophthalmic Emulsion for Skye’s Phase 1 clinical trial. The final drug product will be released and available for clinical use in ...
MJ Unpacked Releases Full Speaker Lineup for Las Vegas Show
LAS VEGAS - MJ Unpacked, the first national event created exclusively for cannabis CPG brands, retail executives and accredited investors actively investing in cannabis, announced the speaker lineup and event programming for Sept. 28-30 at the MGM Grand in Las Vegas. MJUnpacked exhibition floor: Over the course of three days, guests will have the opportunity ...
Curaleaf Completes Majority Stake Acquisition of Germany’s Four 20 Pharma
WAKEFIELD, Mass., Sept. 19, 2022 Curaleaf Holdings, Inc. a provider of consumer products in cannabis, today announced the completion of its agreement to acquire a 55% stake in Four 20 Pharma GmbH, a fully EU-GMP & GDP licensed German producer and distributor of medical cannabis. Boris Jordan, Executive Chairman of Curaleaf, stated, "We are pleased ...
Managing The Cyclical Nature of The Cannabis Industry for Investors
NEW YORK–Despite the current downturn in cannabis in 2022, the cannabis industry has been flourishing over the last few years. A measure of this is the number of cannabis businesses starting-up has been growing 30% annually from 2016 through to 2021. Wages, employment and many company revenues have been growing exponentially. But it hasn't been ...
Has Mike Tyson’s Cannabis Gummy Brand Been Knocked Out in Canada?
TORONTO–Mike Tyson's cannabis edibles brand Mike Bites, will reportedly not be sold in Quebec or Alberta by Canadian Cannabis LP, Hexo. According to reporting by the journalist Matt Lamers, in MJBiz Daily, two Canadian regional governments have apparently cited federal regulations prohibiting celebrities from promoting cannabis in deciding whether to permit Hexo Corp. to provide ...
Cannabis Consumer Spending Tightens, Highlighting Importance of Brand Strength
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, notes that consumer cannabis spending over Labor Day weekend was roughly flat over the same time period last year, with this year showing a total of ...
MariMed’s Brands and Products to Enter Missouri Market
NORWOOD, Mass. - MariMed, Inc (CSE: MRMD), (OTCQX: MRMD), , a multi-state cannabis operator focused on improving lives every day, today announced an agreement that will bring the Company’s award-winning portfolio of cannabis-infused edibles to Missouri. As part of the agreement, MariMed will develop and manage a state-of-the-art production kitchen. MariMed anticipates completion of the ...
Ayr Wellness’ Partner Wins Provisional Cultivation License in Connecticut
MIAMI and HARTFORD, Conn. - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF, a U.S. multi-state cannabis operator, announced that Connecticut Cultivation Solutions, an entity co-owned by Tiana Hercules Esq., a Hartford City Councilwoman, and Ayr, has been awarded a provisional Disproportionately Impacted Area cultivator license in Connecticut. Ayr has partnered with Attorney Hercules to bring ...
Ascend Wellness CEO Abner Kurtin Arrested & Charged With Battery in Florida
MIAMI- Abner Kurtin, the CEO of Ascend Wellness (CSE: AAWH), was arrested in Miami-Dade County. He was then charged with violence and freed yesterday after posting a $1,500 bond. A "stay away order" was issued, although conditional victim contact prior to trial was permitted. The corporation had to respond to this development yesterday night in ...
MJUnpacked Announces Las Vegas Show This Month & Partnership with Clio Cannabis Awards
NEW YORK, May 25, 2022 – MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, has announced its return to Las Vegas on September 28-30, 2022 at the MGM Grand. Additionally, MJ Unpacked Las Vegas is partnering with Clio to host the Clio Cannabis Awards show on September 29. On the heels of its ...