Business
SEC, OCS and DOJ Investigate Dan Bilzerian’s Ignite Cannabis Company
TORONTO-Dan Bilzerian is under investigation by investigators from the US and Canadian governments. With more than 30 million followers on Instagram alone, Dan is regarded as the ''King of Instagram,'' but with the latest news, he may never become the ''King of Cannabis.'' Dan launched Ignite Ltd in a blaze of "bling" and bikini-clad-models (with ...
Tilray Initiates Roundtable With German Regulators to Kick-Off Draft Legislation to Legalize Adult-Use Cannabis in Germany
BERLIN - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), global cannabis and consumer packaged goods company, today announced that the Company has initiated a policy roundtable with German regulators on adult-use cannabis legalization in Germany. In this meeting, the German Drug Commissioner, Burkhard Blienert, presented the plan for adult-use cannabis legalization and repeated the German ...
StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results
SAN DIEGO and TORONTO - StateHouse Holdings Inc.(CSE: STHZ) (OTCQX: STHZF), a California-focused, cannabis enterprise, announced its financial results for the three and six months ended June 30, 2022, and provided additional business updates. The unaudited condensed interim consolidated financial statements for Q2 2022 and corresponding management's discussion and analysis are available for download from ...
Fire & Flower US Holdings Inc. Closes $5,000,000 Convertible Debenture Financing
TORONTO - Fire & Flower US Holdings Inc. (formerly American Acres Managers), announced that it has completed a non-brokered private placement of unsecured convertible debentures in the principal amount of approximately $5,000,000 to the existing shareholders of the Company. The net proceeds from the Offering will be used for acquisition capital, capital expenditures, and general ...
Aurora Cannabis Acquires Controlling Interest in Bevo Farms
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to announce today that a wholly-owned subsidiary of the Company has acquired a controlling interest in Bevo Agtech Inc., the sole parent of Bevo Farms Ltd., one of the largest suppliers of propagated vegetables ...
Glass House Brands Forms Genetics and Nursery Partnership with Seed Junky
LONG BEACH, Calif. and TORONTO, Aug. 24, 2022 /PRNewswire/ - Glass House Brands, Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., today announced its partnership with Seed Junky Genetics. Seed Junky is one of the premier breeders both in California and globally, has created many of the most well-known strains in cannabis ...
Tilray Medical Receives Verification From the Natural Health Science Foundation in Australia and New Zealand
SYDNEY, Australia - 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 that its medical cannabis division, Tilray Medical, has received approval and verification from The Natural Health Science Foundation of its flagship product, Tilray ...
RIV Capital Signs Lease for Flagship Cannabis Cultivation and Manufacturing Facility in Buffalo, New York
TORONTO - RIV Capital Inc. (CSE: RIV) (OTC: CNPOF), a cannabis packaged goods company with a focus on establishing one of the strongest portfolios of brands in key strategic U.S. markets, acting through its wholly-owned indirect subsidiary, RIV Capital US Real Estate LLC, and Etain, LLC announced that RIV Capital has entered into a lease ...
Tilray Medical Bolsters Market Leading Position in Europe With Market Authorization in Poland
LEAMINGTON, Ontario and CANTANHEDE, Portugal - 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 that its medical cannabis division, Tilray Medical, has received approval to commercialize its Tilray branded medical cannabis products in Poland ...
MariMed’s Nature’s Heritage Brand Sponsors Cultivators Cup
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator, announced its Nature’s Heritage brand of craft flower and concentrates is a Presenting Sponsor of Cultivators Cup, the leading cannabis industry festival and awards competition in Massachusetts. A celebration of cannabis culture and the best cannabis products produced in the state, Cultivators ...
Ayr Wellness Receives Key Massachusetts Regulatory Approval for Adult-Use Sales in Somerville
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission (“CCC” or the “Commission”) has granted a final license for adult-use cannabis at its Sira Naturals dispensary in Somerville. The Company also received approval to open the first phase of its cultivation expansion in Milford, ...
Jamie Pearson to Step Down as Bhang President/CEO and Director
LAS VEGAS- Bhang Inc. (CSE:BHNG) (OTCQB:BHNGF) ("Bhang" or the "Company") has announced the resignation of President, CEO, and Board Member, Jamie L. Pearson, who has been with the Company since 2015 and has served as President/CEO of the award-winning brand since 2019. Under Ms. Pearson's leadership, Bhang transformed from a California favorite into a global cannabis ...
Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma
WAKEFIELD, Mass.- Curaleaf Holdings, Inc. announced that Curaleaf International Holdings Limited, the company's European holding company, has signed a definitive agreement to acquire a 55% stake in Four 20 Pharma GmbH, a EU-GMP & GDP licensed German producer and distributor of medical cannabis with its own product line. The unique partnership creates a strategic pathway ...
Charlotte’s Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is expanding in the central United States in partnership with Hanson Faso Sales and Marketing Inc., brokers in the sales and marketing of specialty, natural, confection and perishable foods. Hanson Faso accesses thousands of retail customer locations across specialty, grocery, natural, mass merchants, drug accounts, ...
Jushi Holdings Inc. Settles Lawsuit with Large Multi-State Operator
BOCA RATON, Fla., - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced that it entered into a confidential settlement agreement with Curaleaf Holdings, Inc. and with Jushi’s former Chief Financial Officer, Edward Kremer, to resolve claims Jushi asserted in a lawsuit filed on July 15, 2022, including a claim asserted against ...
Ice Cream Legends Emack & Bolio’s Team Up With MariMed To Launch THC-infused Ice Cream
BOSTON– MariMed, a multi-state cannabis operator focused on health and wellness, announced a joint collaboration with Boston ice cream brand Emack & Bolio’s to create a line-up of cannabis-infused vegan and dairy ice cream in outrageous flavors. The ice cream will contain MariMed’s formulations that include the same full spectrum of natural cannabinoids and terpenes ...
PharmaCielo Announces First Shipment to Mexican Joint Venture Partner
TORONTO and RIONEGRO, Colombia–PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced its first shipment of cannabinoid products to its Mexican joint venture PharmaCielo S.A. de C.V. The Company's joint partner in PharmaCielo Mexico is MINO ...
The Valens Company Announces Results of Annual General Meeting of Shareholders
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) a manufacturer of cannabis products, today announced the voting results from its Annual General Meeting of Shareholders, held by way of live audio webcast on August 2, 2022. Six of the director nominees that were put forward by the Company were elected by shareholders ...
Tilray Wellness Announces U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverages
NEW YORK - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, announced that Fresh Hemp Foods, Ltd., a part of the Company’s Tilray Wellness division, has signed a distribution agreement with Southern Glazer’s Wine & ...
NCRPS Acquires Wholesale Rights to the MG Payments E-wallet, Mobile Banking and POS Solution
DURANGO, Colo. - National Cannabis Risk Prevention Services (NCRPS) has agreement with MG Payment LLC to acquire the wholesale/re-sale rights its e-wallet, mobile banking, and point of sale cannabis payment processing platform. The acquisition will enable NCRPS to offer a custom-designed banking product to serve the needs of banks in states where cannabis is legalized. ...
Neptune Provides Sprout Organics Distribution Update
LAVAL, QC and MONTVALE, N.J. - Today Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, is providing a distribution update for Sprout Organics, an organic plant-based baby food and toddler snack company, highlighting strong growth in the latest ...
The Valens Company Announces Nomination of Independent Director to Board of Directors
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a leading manufacturer of branded cannabis products, today announced that Ms. Aïda Moudachirou-Rébois, Senior Vice President and Global Chief Marketing Officer at MAC Cosmetics, intends to stand for election to its Board of Directors at the Annual General Meeting of Shareholders of The Valens ...
Tilray Medical Launches Cannabis Education Platform ‘WeCare-MedicalCannabis’ Across Europe
NEUMÜNSTER, Germany - 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 that its medical cannabis division, Tilray Medical, launched a new cannabis education platform, WeCare-MedicalCannabis, dedicated to providing resources and educating healthcare practitioners and ...
Canopy Growth Announces Closing of Previously Announced Exchange Transaction
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has closed its previously announced exchange transaction of certain 4.25% unsecured notes due 2023 in order to reduce its debt obligations by approximately $263 million. Constellation Brands, Inc., through its wholly-owned subsidiary Greenstar Canada Investment Limited Partnership, participated in the Transaction. ...
MariMed Announces Kitchen Expansion in Maryland
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its wholly owned subsidiary, Kind Therapeutics USA, has received approval from the Maryland Medical Cannabis Commission to operate its state-of-the-art expanded production kitchen at its Hagerstown, Maryland cultivation and production facility. The expanded kitchen ...