Business
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 ...
AWH Commences Adult-Use Sales at Fort Lee Dispensary
NEW YORK - Ascend Wellness Holdings, Inc. (AWH) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator focused on better living through cannabis, has announced that Ascend Fort Lee, located at 461 West Street, will begin selling recreational cannabis today. Strategically situated near New York City in a densely populated area of northern New Jersey, Ascend ...
Safe Harbor Financial Announces Completion of Abaca Acquisition
ARVADA, Colo. - SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS) announced today the closing of the acquisition of Rockview Digital Solutions, Inc, d/b/a Abaca, a financial technology platform focused on serving the cannabis industry. The acquisition increases Safe Harbor's customer base to include more than 1,000 unique depository accounts across 40 states and ...
HEXO and Entourage Health Sign Long-Term Supply Agreement
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of high-quality cannabis products, announced the execution of a long-term supply agreement with Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE), a Canadian producer and distributor of award-winning cannabis products. Under the Supply Agreement, HEXO will provide Entourage with bulk dried cannabis and ...
Portuguese Health Authority Grants Clever Leaves EU-GMP Certification for Post-Harvest Cannabis Flower
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that its facility in Portugal has been granted EU-GMP certification by the Portuguese Health Authority (INFARMED, I.P.) to manufacture dried cannabis flower as an active pharmaceutical ingredient and as finished product. The EU-GMP certification ...
Cannabis Remains a Staple at This Year’s Holiday Table
MIAMI - This year it seems cannabis remains essential for Thanksgiving and holiday celebrations even as purse strings tighten among rising inflation rates. Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, and Suzy, a global market research platform, conducted a survey of U.S. cannabis consumers for Thanksgiving that indicated 24% of respondents ...
Akerna Corp. Announces Intent to Effect Reverse Stock Split
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, today announced that it will effect a 20-for-1 reverse stock split of its shares of common stock, $0.0001 par value that will become effective on November 8, 2022 at ...
Tilray Brands Acquires Montauk Brewing Company
NEW YORK–Tilray Brands, Inc. (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company. Montauk Brewing is well-known for its beloved product portfolio, premium price point, and distribution across over 6,400 points of distribution, including top national retailers such as Target, Whole Foods, Trader Joe’s, Stop & Shop, King Kullen, Walmart, 7-Eleven, Costco, ...
Dutchie Founders Ross & Zach Lipson Leave Dutchie
BEND, Oregon–According to a press release, Ross and Zach Lipson, who co-founded the privately held Oregon company, have resigned from their positions of leadership, and the board of directors has selected a new chief executive officer, chief financial officer, general counsel, and vice president of engineering. Tim Barash: New CEO of Dutchie Tim Barash, the ...
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 ...
