Business
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 ...
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 ...