Business

  • SNDL

SNDL Completes Acquisition of The Valens Company

CALGARY, AB - SNDL Inc. (Nasdaq: SNDL) announces the completion of the previously disclosed acquisition of all of the issued and outstanding common shares of The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), other than those held by SNDL and its subsidiaries, pursuant to a plan of arrangement under the Canada Business Corporations Act, for ...

January 17th, 2023|
  • Greenway Greenhouse Cannabis Corporation (CNW Group/Greenway Greenhouse Cannabis Corporation)

Greenway Granted Processing License

KINGSVILLE - Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTC: GWAYF), a cultivator of high-quality greenhouse cannabis for the Canadian market, is pleased to announce that it has received a standard processing licence from Health Canada. "This new license will complement Greenway's B2B business model by allowing the company to provide value-added processing services, as well ...

January 13th, 2023|
  • New Partnership Uses Blockchain to Advance Credibility and Quality in Legal Cannabis, CBD Industries

New Partnership Uses Blockchain to Advance Credibility and Quality in Legal Cannabis, CBD Industries

LAS VEGAS - Covalent CC LLC, a premium supplier of cannabinoids, is thrilled to announce it has entered a partnership with Qredible®, the cannabis industry’s first blockchain-backed digital registry and integrated network of validated and verified suppliers. For both companies, the partnership is a crucial step forward in achieving increased visibility in the legalized cannabis, ...

January 11th, 2023|
  • Levin Health

Legal Use of Medicinal Cannabis on the Rise in Australia

MELBOURNE, Australia - According to Levin Health, a sports science company focused on researching, developing and commercialising a range of medicinal cannabis products, such as CBD oil Australia-wide, although medical marijuana's Australia wide was made legal in 2016, the vast majority was obtained via illegal avenues at first. The CAMS-18 study of medical cannabis use ...

January 11th, 2023|

Verano Welcomes Connecticut Lieutenant Governor Susan Bysiewicz and Cannabis Customers at Zen Leaf Meriden

CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today celebrated the commencement of adult use cannabis sales in Connecticut at the Company’s Zen Leaf Meriden dispensary. The Company welcomed Lieutenant Governor Susan Bysiewicz, Department of Consumer Protection Commissioner Michelle H. Seagull, Social Equity Comissioner Paul Robertson, Meriden Mayor Kevin Scarpati, ...

January 11th, 2023|

Cannabis Company Tilray May Pivot to Fruit & Veg Cultivation

NEW YORK- After Canadian cannabis company Tilray Brands Inc. TLRY, +1.09% said it had lost money in the second quarter, its stock fell 3.7% in premarket trading on Monday. In contrast to a profit of $5.8 million, or breakeven per share, for same time last year, Tilray recorded a loss of $61.64 million, or 11 ...

January 10th, 2023|
  • Jushi Holdings Inc.

Jushi Holdings Inc. Announces Leadership Appointments and Management Changes

BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced leadership appointments and management changes. These changes include the appointment of Michelle Mosier as the Company’s Chief Financial Officer effective January 16, 2023, and the resignation of Leonardo “Leo” Garcia-Berg from his position as Chief Operations Officer, effective January ...

January 9th, 2023|

The Parent Company Restructures Jay-Z and Other Partnerships

SAN JOSE- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, today announced that it has entered into modification agreements to restructure the relationship between Roc Nation LLC, SC Branding, LLC and The Parent Company. As part of the restructured arrangement, Shawn 'JAY-Z' Carter and affiliates and Roc Nation will return approximately 7.1 million ...

January 7th, 2023|
  • Aurora Cannabis

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 ...

January 4th, 2023|

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 ...

January 3rd, 2023|
  • Village Farms International

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 ...

January 3rd, 2023|
  • Canopy Growth

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 ...

January 3rd, 2023|
  • The Valens Company

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 ...

January 3rd, 2023|

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 ...

January 2nd, 2023|
  • Trulieve Announces Partnership with Connected Cannabis & AlienLabs

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 ...

December 15th, 2022|
  • MariMed Inc.

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 ...

December 14th, 2022|
  • Green Thumb Industries

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 ...

December 13th, 2022|

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. ...

December 5th, 2022|
  • Ayr Wellness

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 ...

December 5th, 2022|

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 ...

December 1st, 2022|
  • TerrAscend

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 ...

November 30th, 2022|
  • Ayr Wellness

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 ...

November 29th, 2022|
  • Jushi Holdings Inc.

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 ...

November 23rd, 2022|
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