Business
Clever Leaves Announces First Export to Israeli Partner InterCure
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the first commercial export to Israel of high THC Flower for medical use from its facility in Portugal through its partnership with InterCure (Nasdaq: INCR, TSX: INCR.U, TASE: INCR). With this initial shipment, ...
Harborside Inc. Changes Name to StateHouse Holdings Inc.
OAKLAND, CALIF., AND TORONTO - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF ), announced that it will complete the previously announced name change to StateHouse Holdings Inc. on July 25, 2022. The Company previously filed articles of amendment to effect these changes. "This is an important milestone for the Company, which was formed through the business ...
Vicente Sederberg Receives Top Ranking from Chambers and Partners for Fourth Straight Year
LOS ANGELES–Vicente Sederberg LLP was once again recognized by Chambers and Partners as a top cannabis law practice in the U.S., and five of the firm's partners were individually ranked among the nation's top cannabis attorneys. VS has received a Nationwide Band 1 ranking from Chambers in all four years since the Cannabis Law section was ...
Neptune Announces Amendment and Expansion of Sprout Secured Promissory Notes Led by Morgan Stanley
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced today that Sprout Foods Inc., the Company's organic plant-based baby food and toddler snack company, has entered into an amendment of each of its existing Secured Promissory Notes to expand ...
Tilray Brands Announces Closing of Transaction with HEXO
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq | 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 the Company has closed its previously-disclosed acquisition from HT Investments MA LLC (“HTI”) of the secured convertible note issued by HEXO Corp. ...
Jushi Holdings Inc. Announces Management Change
BOCA RATON, Fla.- Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), an integrated, multi-state cannabis operator, announced that Ed Kremer has resigned from his position as Chief Financial Officer to accept a role at a competing large cannabis multi-state operator. Mr. Kremer’s resignation will take effect today, July 12, 2022. Mr. Kremer is party to an ...
Charlotte’s Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employee benefits program. Through this employer-sponsored benefit plan, US employers can now confidently provide employees and their pets with coverage and access to Charlotte's Web products as an ...
Clever Leaves Strengthens German Presence Through Expanded Cantourage Partnership
BOCA RATON - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the continued expansion of the Company’s partnership with European medical cannabis leader Cantourage GmbH to include supply of Clever Leaves’ second pharmaceutical-grade cannabis product, cultivated in the Company’s Portugal Facilities, to the German medicinal ...
Akerna Flash Report: Fourth of July Weekend Cannabis Sales Total $255.5 Million
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced that US cannabis shoppers spent a total of $255.5 million on adult-use and medical cannabis products during the Fourth of July ...
The Parent Company Announces East Coast Expansion
SAN JOSE, Calif. - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has entered into an exclusive brand licensing and cultivation and production agreement with Curio Wellness, to bring the Company's brands and top-quality products to the State of Maryland, with anticipated market launch in ...
AWH Announces Share Purchase by AGP
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator, announced that on July 1st AGP Partners, LLC, purchased 50,000 of Class A Common Shares in the open market for $2.05 per share followed by the purchase of 1,100 Class A Common shares for $1.90 per share on July 4th. ...
Akerna Corp. Announces Closing of $10 Million Public Offering
DENVER - Akerna Corp. (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 announced the closing of its previously announced underwritten public offering of (i) 29,382,861 units of the Company consisting of 29,382,861 shares of common stock together ...
Red Light Holland & Halo Dissolve Psilocybin Joint Venture in Oregon As Their Stock Plummets
TORONTO-Red Light Holland, a publicly traded magic mushroom company, claims it has ended its 14-month-old partnership with Canadian cannabis producer Halo Collective in Oregon in order to focus on a new project that it hopes will attract mushroom enthusiasts from all walks of life to the budding psychedelics market. Red Light claims it terminated the ...
Analysis: Stuck in the Weeds? What’s Next For Canopy Growth Corporation?
TORONTO– Canopy Growth, once the largest cannabis company by valuation, has been a rollercoaster for investors over the previous few years, rising to more than $45, then seeing dramatic drops. The legalization of cannabis in Canada and some states in the US sparked interest amongst retail investors in the emerging market of cannabis. Canopy Growth ...
Acreage Concludes Operations in State of Oregon, Closes Sale of Retail Chain Cannabliss & Co.
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced that it has executed and closed an amendment to its previously announced asset purchase and services agreement with Chalice Brands Ltd. (CSE:CHAL) (OTCQB:CHALF), completing the sale of the Company’s four ...
HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today, holders of common shares of HEXO approved the previously announced transaction with Tilray Brands, Inc. (Nasdaq | TSX: TLRY) and HT Investments MA LLC. The Meeting was originally held on June 14, ...
Charlotte’s Web Full Spectrum “Original Formula” CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has passed validation in its Novel Food applications from the Food Standards Agency in the United Kingdom for its Original Formula full-spectrum hemp extract product. This marks a milestone for its Original Formula. Charlotte's Web is the only substantially vertically integrated US company with a ...
Canopy Growth Announces Exchanges with Holders of Approximately US$198 Million of Convertible Notes
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has entered into privately negotiated exchange agreements with a limited number of holders, including Constellation Brands, Inc. through its wholly-owned subsidiary Greenstar Canada Investment Limited Partnership, of the Company's outstanding 4.25% unsecured convertible senior notes due 2023 (the "Notes"), to acquire approximately ...
Akerna Corp. Announces Pricing of $10 Million Public Offering
DENVER - Akerna Corp. (Nasdaq: KERN), enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced the pricing of an underwritten public offering of (i) 29,382,861 units of the Company consisting of 29,382,861 shares of common stock together with common stock ...
Tilray Medical Expands Portfolio of Medical Cannabis Products in the UK
LEAMINGTON, Ontario - 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 expanded its medical cannabis offerings in the United Kingdom. Tilray Medical now offers the broadest ...
Fast Buds: German Cannabis Legalisation Will Open the Door to Home Cultivation
BARCELONA - In a potentially game-changing development for the cannabis industry, the German government has confirmed its plans to legalise the sale of recreational cannabis in the coming months. The policy, first revealed as part of a pledge in the deal between Chancellor Olaf Scholz's recently formed coalition government, is expected to open the door ...
Cronos Group Partners with Geocann to Leverage VESIsorb® Delivery Technology for Faster Absorption
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announce the launch of the first of what is expected to be a range of products, in partnership with Geocann, which will utilize the advanced VESIsorb® delivery system. This technology provides better bioavailability and faster absorption. VESIsorb® formulations have set the industry benchmark in peer-reviewed published ...
Charlotte’s Web Announces Shareholder Meeting Voting Results
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. is pleased to announce the results from its 2022 annual general meeting of shareholders held on June 22, 2022 via live audio webcast. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated April 28, 2022, ...
Cronos Group Inc. Announces Results of 2022 Annual Meeting of Shareholders
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announces that at its Annual Meeting of Shareholders held on June 23, 2022 shareholders voting in person or by proxy held in total 265,763,587 common shares of the Company, representing 70.76% of the total number of common shares of the Company outstanding. Each of the directors ...
Neptune Wellness Solutions Inc. Closes $5 Million Registered Direct Offering
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed on the previously announced registered direct offering with several institutional investors for the purchase and sale of an aggregate of 1,945,526 common shares (or common ...