Business

LITTLETON, Colo. - CanPay, the largest legitimate payment network for cannabis retailers and consumers, is now available at more than 1,000 participating merchant locations in 31 states across the U.S. CanPay's easy-to-use app allows consumers to pay for purchases at cannabis retailers with a simple debit from their checking account using the Automated Clearing House ...

DENVER - CryoMass Technologies Inc.(OTCQX: CRYM) is pleased to announce the signing of a multi-state license agreement with California-based RedTape Core Partners LLC following the successful market launch of the Company’s patented cryogenic Trichrome Separation system. On December 12th, 2022, CryoMass delivered the Company’s first Trichome Separation unit to RedTape’s Coastal Refinement Solutions cannabis extraction ...

NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator, announced that two highly accomplished executives have joined the Company to help drive retail and wholesale revenues and product innovations that meet the needs of today’s cannabis consumer. Matt Truppo joins MariMed as Vice President of Retail Sales, and Jay O’Malley joins ...

NOVATO, Calif. - Cannabis cultivation software provider Trym announced today an integration with Dutchie, the technology platform powering cannabis commerce, to offer advanced functionality to vertically integrated businesses. Recent price compression across many major cannabis markets has led cannabis operators to focus on optimizing yields and reducing cultivation operational expenses. The Trym and Dutchie partnership ...

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 ...

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 ...

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, ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

VANCOUVER, BC - Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC), a cannabis company, is pleased to announce, that further to its press release of December 8, 2022, a District Court judge has ruled in favor of Xebra Mexico. On December 8, 2022, Xebra announced that the Mexican Health Regulatory Agency (the Mexican FDA ...

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 ...

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 ...

KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announced today it received an extension of 180 calendar days from the Nasdaq Stock Market LLC to regain compliance with the Nasdaq's minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the ...

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 ...